ITW GSE ApS: Financial statements 2022
CVR: 74218814
Source: annual report 2022, Danish Business Authority
01/01/2022 – 31/12/2022
ITW GSE ApS (CVR 74218814) has filed annual accounts for 2022. In 2022, the company reported revenue of DKK 410,974,723 and a net result of DKK 40,383,870 compared with DKK 52,965,214 the year before. That is an increase of 9.7% compared with the year before. The profit margin was 9.8%. Equity in the 2022 report amounted to DKK 152,141,830. The solvency ratio was 79%. The company had 71 employees in the financial year.
- Revenue
- DKK 410,974,723
- Gross Profit
- DKK 112,496,085
- Profit/Loss
- DKK 40,383,870
- Equity
- DKK 152,141,830
- Total Assets
- DKK 192,537,420
- Employees
- 71
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2022 | 411 mio. | 112.5 mio. | 40.4 mio. | 152.1 mio. | 71 |
| 2021 | 374.5 mio. | 118.6 mio. | 53 mio. | 156.8 mio. | 66 |
| 2020 | 304.6 mio. | 92.2 mio. | 32.3 mio. | 138.8 mio. | 75 |
| 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 |
Official annual report
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Set up monitoringEvents in 2022
ITW GSE ApS has published its annual report for 2021. Revenue came to DKK 374,517,535, and the net result was DKK 52,965,214.
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.