ITW GSE ApS: Financial statements 2019
CVR: 74218814
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
ITW GSE ApS (CVR 74218814) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 480,656,802 and a net result of DKK 69,823,126 compared with DKK 58,794,058 the year before. That is an increase of 10.7% compared with the year before. The profit margin was 14.5%. Equity in the 2019 report amounted to DKK 151,463,186. The solvency ratio was 80.3%. The company had 83 employees in the financial year.
- Revenue
- DKK 480,656,802
- Gross Profit
- DKK 150,412,280
- Profit/Loss
- DKK 69,823,126
- Equity
- DKK 151,463,186
- Total Assets
- DKK 188,542,538
- Employees
- 83
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 480.7 mio. | 150.4 mio. | 69.8 mio. | 151.5 mio. | 83 |
| 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. | - |
Official annual report
Screen every Danish company
Combine filters on financials, industry, geography, property and risk, and instantly see which companies match.
Try company screeningEvents in 2019
As of August 2, 2019, Manoela Pereira Fry has joined the board of directors of ITW GSE ApS.
As of August 2, 2019, Mary Ann Spiegel has left the board of directors of ITW GSE ApS.
ITW GSE ApS has published its annual report for 2018. Revenue came to DKK 434,138,686, and the net result was DKK 58,794,058.
As of March 13, 2019, Lars Storm has joined the board of directors of ITW GSE ApS.
As of March 13, 2019, Rene Eskelund Hansen has joined the board of directors of ITW GSE ApS.
As of March 13, 2019, Jan Berg Nielsen has left the board of directors of ITW GSE ApS.
As of March 13, 2019, Bent Hess 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.