ITW GSE ApS: Financial statements 2025
CVR: 74218814
Source: annual report 2025, Danish Business Authority
01/01/2025 – 31/12/2025
ITW GSE ApS (CVR 74218814) has filed annual accounts for 2025. 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. That is an increase of 10.9% compared with the year before. The profit margin was 19.5%. Equity in the 2025 report amounted to DKK 268,835,425. The solvency ratio was 75.9%. The company had 100 employees in the financial year.
- Revenue
- DKK 751,981,516
- Gross Profit
- DKK 280,198,503
- Profit/Loss
- DKK 146,761,481
- Equity
- DKK 268,835,425
- Total Assets
- DKK 354,078,761
- Employees
- 100
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | 752 mio. | 280.2 mio. | 146.8 mio. | 268.8 mio. | 100 |
| 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 |
Official annual report
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ITW GSE ApS has published its annual report for 2024. Revenue came to DKK 678,343,665, and the net result was DKK 133,532,561.
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.