ITW GSE ApS: Financial statements 2017
CVR: 74218814
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
ITW GSE ApS (CVR 74218814) has filed annual accounts for 2017. In 2017, the company reported revenue of DKK 414,688,793 and a net result of DKK 58,633,810 compared with DKK 46,312,726 the year before. That is an increase of 12.5% compared with the year before. The profit margin was 14.1%. Equity in the 2017 report amounted to DKK 162,846,002. The solvency ratio was 72.1%.
- Revenue
- DKK 414,688,793
- Gross Profit
- DKK 126,354,898
- Profit/Loss
- DKK 58,633,810
- Equity
- DKK 162,846,002
- Total Assets
- DKK 225,929,052
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | 414.7 mio. | 126.4 mio. | 58.6 mio. | 162.8 mio. | - |
| 2016 | 368.8 mio. | 113.6 mio. | 46.3 mio. | 314.2 mio. | - |
| 2015 | - | 91.6 mio. | 30.3 mio. | 267.9 mio. | - |
| 2014 | - | 113.8 mio. | 54.5 mio. | 237.6 mio. | 81 |
| 2013 | - | 111.4 mio. | 52.9 mio. | 183.2 mio. | 70 |
Official annual report
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ITW GSE ApS has published its annual report for 2016. Revenue came to DKK 368,760,923, and the net result was DKK 46,312,726.
About ITW GSE ApS
ITW GSE ApS is a Danish company of the type Anpartsselskab based in Odense N, founded in 1984. The company is registered under the industry Fremstilling af elektriske motorer, generatorer og transformatorer. The management consists of Poul Laursen Elvstrøm. The board consists of Manoela Pereira Fry (chair), Lars Storm, Monique Martins and Poul Laursen Elvstrøm. The company is owned by ITW DENMARK ApS. The company has 75 employees (2018). In 2025, the company reported revenue of DKK 751,981,516 and a net result of DKK 146,761,481 compared with DKK 133,532,561 the year before. Equity in the 2025 report amounted to DKK 268,835,425.