HYDRATECH INDUSTRIES A/S: Financial statements 2019
CVR: 83455128
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
HYDRATECH INDUSTRIES A/S (CVR 83455128) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 464,936,000 and a net result of DKK -61,118,000 compared with DKK 1,476,000 the year before. That is an increase of 20.8% compared with the year before. The profit margin was -13.1%. Equity in the 2019 report amounted to DKK 7,319,000. The solvency ratio was 2.4%.
- Revenue
- DKK 464,936,000
- Gross Profit
- DKK 39,213,000
- Profit/Loss
- DKK -61,118,000
- Equity
- DKK 7,319,000
- Total Assets
- DKK 303,065,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 464.9 mio. | 39.2 mio. | -61.1 mio. | 7.3 mio. | - |
| 2018 | 385 mio. | 60.7 mio. | 1.5 mio. | 46.2 mio. | - |
| 2017 | 422.2 mio. | 103.8 mio. | -19.2 mio. | 20 mio. | 231 |
| 2016 | 455.4 mio. | 122 mio. | -6.1 mio. | 28 mio. | 260 |
| 2015 | - | 71 | 16 | 26 | 104 |
Official annual report
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HYDRATECH INDUSTRIES A/S has published its annual report for 2018. Revenue came to DKK 385,006,000, and the net result was DKK 1,476,000.
As of March 1, 2019, Knud Andersen has joined the board of directors of HYDRATECH INDUSTRIES A/S.
As of March 1, 2019, Knud Andersen is registered as adm. dir. of HYDRATECH INDUSTRIES A/S.
As of March 1, 2019, Rasmus Sandorff Jacobsen is registered as director of HYDRATECH INDUSTRIES A/S.
As of February 28, 2019, Søren Kringelholt Nielsen has left the board of directors of HYDRATECH INDUSTRIES A/S.
As of February 28, 2019, Søren Kringelholt Nielsen has stepped down as director of HYDRATECH INDUSTRIES A/S.
About HYDRATECH INDUSTRIES A/S
HYDRATECH INDUSTRIES A/S is a Danish company of the type Aktieselskab based in Silkeborg, founded in 1978. The company is under bankruptcy. The company is registered under the industry Fremstilling af hydraulisk udstyr. The company was previously named HYDRATECH INDUSTRIES WIND POWER A/S and AVN ENERGY A/S. The company is owned by PenSam Pension forsikringsaktieselskab and HYDRATECH INDUSTRIES HOLDING A/S. The company has 133 employees (2021). In 2020, the company reported revenue of DKK 326,243,000 and a net result of DKK -47,599,000 compared with DKK -61,118,000 the year before. Equity in the 2020 report amounted to DKK -30,766,000.