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APSActiveCVR 74218814Smedebakken 31-33Manufacture of electric motors, generators and transformers · NACE 2711Est. 1984118 employees
Revenue 2025
DKK 752M
+11% vs 2024
EBITDA margin
25.4%
+11% vs 2024
Equity ratio
75.9%
Financial strength
Net profit 2025
DKK 146,8M
+10% vs 2024
| Revenue | DKK 752M | +11% |
| EBITDA | DKK 190,8M | +11% |
| Net profit | DKK 146,8M | +10% |
| Total assets | DKK 354,1M | -6% |
| Equity | DKK 268,8M | -1% |
| Employees | 118 | — |
Legal name
ITW GSE ApS
CVR number
74218814
Legal form
Anpartsselskab
NACE code
2711 · Manufacture of electric motors, generators and transformers
Founded
2. januar 1984
Share capital
DKK 8.000.000
Employees
118 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af bestyrelsesformanden i forening med et medlem af bestyrelsen.
Company purpose
Selskabets formål er produktion og handel inden for den elektroniske branche samt hermed beslægtet virksomhed
Address
Smedebakken 31-33
Phone
+4563186000
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 111.388 | 113.776 | 91.612 | 368.761 | 414.689 | 434.139 | 480.657 | 304.598 | 374.518 | 410.975 | 506.018 | 678.344 | 751.982 |
| Staff expenses | -37.576 | -39.296 | -49.095 | -48.065 | -47.003 | -56.405 | -58.783 | -49.384 | -50.789 | -58.957 | -67.160 | -77.846 | -89.423 |
| EBITDA | 73.812 | 74.480 | 44.063 | 65.486 | 79.351 | 76.988 | 91.629 | 42.776 | 67.824 | 53.539 | 78.549 | 172.329 | 190.775 |
| Depreciation & amort. | 1.881 | -1.627 | -1.546 | -1.570 | -1.556 | -1.336 | -1.037 | -811 | -808 | -235 | -458 | -556 | -1.341 |
| EBIT | 71.931 | 72.852 | 42.517 | 63.916 | 77.795 | 75.652 | 90.592 | 41.965 | 67.015 | 53.304 | 78.091 | 171.773 | 189.435 |
| Net financials | -1.352 | -627 | -1.252 | -3.472 | -2.340 | -74 | -305 | -1.141 | -334 | -811 | 522 | 919 | -1.319 |
| Profit before tax | 70.579 | 72.226 | 39.720 | 60.444 | 75.456 | 75.579 | 90.288 | 40.824 | 66.681 | 52.493 | 78.613 | 172.692 | 188.115 |
| Tax | 17.679 | 17.775 | 9.448 | 14.131 | 16.822 | 16.785 | 20.465 | 8.495 | 13.716 | 12.109 | 17.214 | 39.159 | 41.354 |
| Net profit | 52.901 | 54.451 | 30.272 | 46.313 | 58.634 | 58.794 | 69.823 | 32.330 | 52.965 | 40.384 | 61.400 | 133.533 | 146.761 |
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 217.753 | 271.266 | 355.644 | 354.106 | 225.929 | 205.772 | 188.543 | 171.915 | 201.648 | 192.537 | 250.868 | 376.117 | 354.079 |
| Equity | 183.176 | 237.627 | 267.899 | 314.212 | 162.846 | 171.640 | 151.463 | 138.793 | 156.758 | 152.142 | 193.541 | 272.074 | 268.835 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 1.289 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 33.674 | 32.607 | 83.495 | 35.179 | 59.061 | 32.086 | 35.178 | 32.173 | 43.709 | 38.935 | 51.885 | 95.044 | 72.780 |
| Total debt | 33.674 | 32.607 | 87.745 | 35.179 | 59.061 | 32.086 | 35.178 | 32.173 | 43.709 | 38.935 | 51.885 | 95.044 | 72.780 |
EBITDA margin
25.4%
This company
15.8%
Market median
+61% vs market
20132025
Equity ratio
75.9%
This company
38.2%
Market median
+99% vs market
20132025
Return on equity
54.6%
This company
18.4%
Market median
+197% vs market
20132025
Net profit margin
19.5%
This company
8.1%
Market median
+141% vs market
20132025
Asset turnover
2.12×
This company
1.12×
Market median
+89% vs market
20132025
Debt / equity
0.32×
This company
0.62×
Market median
+48% vs market
20132025
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
BV Deputy | Deputy | 2015 | — | — |
PL Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
BS Management | Management | 1984 | — | — |
BH Deputy | Deputy | 2015 | — | — |
HK Deputy | Deputy | 2001 | — | — |
BP Deputy | Deputy | 2003 | — | — |
RE Deputy | Deputy | 2019 | — | — |
KG Management | Management | 1984 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2005 | — | — | |
| Board of Directors | 2015 | — | — | |
| Chairman | 1984 | — | — | |
| Board of Directors | 2015 | — | — | |
| Board of Directors | 1984 | — | — | |
| Chairman | 2018 | — | — | |
| Board of Directors | 2013 | — | — | |
| Board of Directors | 2000 | — | — | |
| Board of Directors | 2001 | — | — | |
| Chairman | 2013 | — | — | |
| Board of Directors | 2003 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2000 | — | — | |
| Board of Directors | 2000 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 1984 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2007 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
ITW DENMARK ApS | Company | 100.0% | 100.0% | 2005 |
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ITW DENMARK ApS
ITW GSE ApS Board members of ITW GSE ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bo Vork Nielsen | Deputy | 0 companies |
| Poul Laursen Elvstrøm | Chief Executive Officer | 0 companies |
| Bo Stenstrøm Kristiansen | Management | 0 companies |
| Bent Hess | Deputy | 0 companies |
| Hans Kristen Pedersen | Deputy | 0 companies |
| Bent Poulsen | Deputy | 0 companies |
| Rene Eskelund Hansen | Deputy | 0 companies |
| Kjell Giverholt Åkerman | Management | 0 companies |
| William Joseph Sullivan | Chairman | 0 companies |
| Jan Berg Nielsen | Board of Directors | 0 companies |
| Flemming Kjærulf Rasmussen | Chairman | 0 companies |
| Rasmus Bøgh Jørgensen | Board of Directors | 0 companies |
| Bent Vilhelm Hansen | Board of Directors | 0 companies |
| Birgit Andersen | Chairman | 0 companies |
| Mary Ann Spiegel | Board of Directors | 0 companies |
| Vagn Thorup | Board of Directors | 0 companies |
| Jørgen Andersen | Board of Directors | 0 companies |
| Henrik Olsson | Chairman | 0 companies |
| Søren Clausen | Board of Directors | 0 companies |
| Monique Martins | Board of Directors | 0 companies |
| Ernest Scott Santi | Chairman | 0 companies |
| Daniel Lee Downey | Board of Directors | 0 companies |
| Manoela Pereira Fry | Chairman | 0 companies |
| Jørgen Skaadstrup Jørgensen | Board of Directors | 0 companies |
| Lars Storm | Board of Directors | 0 companies |
| Jan Westphal Vigsø Sørensen | Board of Directors | 0 companies |