ITW GSE ApS: Financial statements 2018
CVR: 74218814
Source: annual report 2018, Danish Business Authority
01/01/2018 – 31/12/2018
ITW GSE ApS (CVR 74218814) has filed annual accounts for 2018. In 2018, the company reported revenue of DKK 434,138,686 and a net result of DKK 58,794,058 compared with DKK 58,633,810 the year before. That is an increase of 4.7% compared with the year before. The profit margin was 13.5%. Equity in the 2018 report amounted to DKK 171,640,060. The solvency ratio was 83.4%. The company had 88 employees in the financial year.
- Revenue
- DKK 434,138,686
- Gross Profit
- DKK 133,392,895
- Profit/Loss
- DKK 58,794,058
- Equity
- DKK 171,640,060
- Total Assets
- DKK 205,771,664
- Employees
- 88
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | 434.1 mio. | 133.4 mio. | 58.8 mio. | 171.6 mio. | 88 |
| 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 |
Official annual report
Fetch this data via API
Every Danish company, financial statement and ownership record — straight into your own systems or your AI assistant via MCP.
See the API documentationEvents in 2018
On April 23, 2018, the company changed its name from AXA POWER ApS to ITW GSE ApS.
ITW GSE ApS has published its annual report for 2017. Revenue came to DKK 414,688,793, and the net result was DKK 58,633,810.
As of March 15, 2018, Henrik Olsson has joined the board of directors of ITW GSE ApS.
As of March 15, 2018, Birgit Andersen has joined the board of directors of ITW GSE ApS.
As of March 14, 2018, Henrik Olsson has left the board of directors of ITW GSE ApS.
As of March 14, 2018, Birgit Andersen has left the board of directors of ITW GSE ApS.
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 company was previously named AXA POWER ApS and AXA POWER A/S. 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 118 employees (2026). 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.