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TITECH ELECTRIC A/S
A/S
Active
CVR 25350170
Ove Gjeddes Vej 11-19, 5220
Odense SØ
Manufacture of electricity distribution and control apparatus
·
NACE 2712
Est. 2000 · 26 years old
191 employees
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Denmark
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Companies
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Manufacture of electricity distribution and control apparatus
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TITECH ELECTRIC A/S
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
0M
32M
64M
96M
128M
54M
2021
69M
2022
93M
2023
106M
2024
111M
2025
EBITDA
DKK millions
38M
28M
19M
9M
0M
7M
2021
11M
+57%
2022
23M
+109%
2023
30M
+30%
2024
16M
-47%
2025
Income statement
DKK thousands
Item
2021
2022
2023
2024
2025
Gross profit
54.443
68.793
93.493
106.095
111.183
Staff expenses
-47.586
-57.395
-70.449
-76.088
-95.075
EBITDA
6.857
11.399
23.044
30.007
16.109
Depreciation & amort.
-1.341
-1.381
-2.499
-2.820
-4.438
EBIT
5.516
10.018
20.544
27.187
11.671
Net financials
-98
-293
270
183
-414
Profit before tax
5.418
9.724
20.814
27.370
11.257
Tax
1.193
2.153
4.619
6.043
2.478
Net profit
4.224
7.571
16.195
21.327
8.779
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
2025
Total assets
51.791
64.938
80.439
113.210
145.855
Equity
21.778
25.349
39.544
50.871
59.650
Long-term debt
4.391
4.291
0
0
0
Short-term debt
24.795
33.981
36.166
59.987
83.541
Total debt
29.186
38.272
36.166
59.987
83.541
Financial ratios
5-year trend
EBITDA margin (of gross profit)
14.5%
This company
2021
2025
Equity ratio
40.9%
This company
38.2%
Market median
+7% vs market
2021
2025
Return on equity
14.7%
This company
18.4%
Market median
+20% vs market
2021
2025
Net profit margin (of gross profit)
7.9%
This company
2021
2025
Asset turnover (of gross profit)
0.76×
This company
2021
2025
Debt / equity
1.45×
This company
0.62×
Market median
-134% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
More on TITECH ELECTRIC A/S
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
