ITW GSE ApS: Financial statements 2024
CVR: 74218814
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
ITW GSE ApS (CVR 74218814) has filed annual accounts for 2024. In 2024, the company reported revenue of DKK 678,343,665 and a net result of DKK 133,532,561 compared with DKK 61,399,553 the year before. That is an increase of 34.1% compared with the year before. The profit margin was 19.7%. Equity in the 2024 report amounted to DKK 272,073,944. The solvency ratio was 72.3%. The company had 77 employees in the financial year.
- Revenue
- DKK 678,343,665
- Gross Profit
- DKK 250,174,686
- Profit/Loss
- DKK 133,532,561
- Equity
- DKK 272,073,944
- Total Assets
- DKK 376,117,245
- Employees
- 77
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | 678.3 mio. | 250.2 mio. | 133.5 mio. | 272.1 mio. | 77 |
| 2023 | 506 mio. | 145.7 mio. | 61.4 mio. | 193.5 mio. | 77 |
| 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 |
Official annual report
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Try company screeningEvents in 2024
ITW GSE ApS has published its annual report for 2023. Revenue came to DKK 506,018,297, and the net result was DKK 61,399,553.
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.