Kitron A/S

CVR 21662534Public limited company (A/S)Fremstilling af andet elektrisk udstyr (279000)HorsensFounded 21 Dec 1998

Employees

156

CVR registry, Aug 2026

+12 (+8.3%) over 12 months

Revenue

325.7M

DKK, annual report 2025

-19.4% on 2024

Result

+132.7M

DKK, annual report 2025

Equity

235.9M

DKK, annual report 2025

Ownership

People

Network

Financials

Changes

Registration

Address: Ane Staunings Vej 21
8700 Horsens
Horsens Municipality
CVR record last changed: 16 Oct 2026
Data read: 3 Nov 2026

Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

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Ownership

People

Financials

Kitron A/S

CVR 21662534Public limited company (A/S)Fremstilling af andet elektrisk udstyr (279000)HorsensFounded 21 Dec 1998

Employees

156

CVR registry, Aug 2026

+12 (+8.3%) over 12 months

Revenue

325.7M

DKK, annual report 2025

-19.4% on 2024

Result

+132.7M

DKK, annual report 2025

Equity

235.9M

DKK, annual report 2025

Who Is Behind It

Owner: Kitron Holding A/S DenmarkCVR 44511908, 100% of capital and votes, since 17 Jul 2024
Ultimate controller: Kitron ASAthrough Kitron Holding A/S Denmark, a Dandex estimate
Director: Jimi Klitholm Sandgreensince 1 Apr 2024

Ownership

Kitron Holding A/S Denmark
CVR 44511908100% of capital and votessince 17 Jul 2024

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Former owners (3)

Holdingselskabet af 11. februar 2016 ApS
CVR 80170319100% of capital and votes21 Dec 1998 to 11 Feb 2016
BB Electronics Holding ApS
CVR 37407097100% of capital and votes12 Feb 2016 to 10 Jan 2022
Kitron ASA
100% of capital and votes10 Jan 2022 to 17 Jul 2024

Control Chain

Ultimate controller
Kitron ASA
Holds 100% of capital and votes in Kitron Holding A/S Denmark, since 20 Dec 2023
Capital100%
Votes100%
Holding company
Kitron Holding A/S Denmark
CVR 44511908Public limited company (A/S)
Holds 100% of capital and votes in Kitron A/S, since 17 Jul 2024
Capital100%
Votes100%
This company
Kitron A/S
CVR 21662534

Each holds the one below it. Control follows votes: an owner with 50% or more controls. Each bar shows the registered band, solid to its lower bound and faint across the range CVR records, with a mark at 50%. Dandex estimate, computed 3 Nov 2026.

Owned Companies

1 Danish company.

Kitron India ApS
SubsidiaryCVR 42887609100% of capital and votes

Found by searching the CVR owner register (ejerregister) for Kitron A/S as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

People

Current (7)

Jimi Klitholm SandgreenExecutive board since 1 Apr 2024
Hasse FaxeBoard of directors since 1 Dec 2025
Steen Moeskjær JensenBoard of directors since 26 Mar 2014
Henning DahlenBoard of directors since 10 Jan 2022
Mona Cathrin NylanderBoard of directors since 10 Jan 2022
Maibrit Lindgaard PaulsenBoard of directors since 4 Jul 2022
Hans Petter ThomassenBoard of directors since 18 Sep 2024

Founders (1)

Holdingselskabet af 11. februar 2016 ApSFounded 21 Dec 1998

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Former (48)

Knud AndersenExecutive board 1 Jul 2005 to 1 Mar 2013
Carsten Juul ChristensenExecutive board 1 Mar 2013 to 1 Apr 2024
Erik ChristensenExecutive board 9 Feb 2001 to 1 Nov 2002, Board of directors 29 Nov 2002 to 27 Mar 2007
Bjarne Kvolbæk JensenExecutive board 21 Dec 1998 to 9 Feb 2001
Jørgen Yde JensenExecutive board 1 Nov 2002 to 1 Jul 2005
Lars Sylvest VestergaardExecutive board 30 Nov 2001 to 31 May 2002
Søren LindbergBoard of directors 29 Jan 2004 to 17 May 2016
Hans Christian HyldelundBoard of directors 21 Dec 1998 to 29 Nov 2002
Kurt SchmidtBoard of directors 5 Apr 2011 to 26 Mar 2014
Povl Christian Lütken FrigastBoard of directors 21 Dec 1998 to 30 Nov 2001
Folmer Rud HansenBoard of directors 29 Jan 2004 to 10 Jan 2022
Svend LindbjergBoard of directors 5 Apr 2011 to 4 Jul 2022
Gert Højgaard PedersenBoard of directors 30 Mar 2017 to 4 Jul 2022
Christian Bruno PedersenBoard of directors 25 Oct 1999 to 29 Jan 2004
Carsten ChristensenBoard of directors 27 Mar 2007 to 5 Apr 2011
Sven RuderBoard of directors 24 Apr 2013 to 10 Jan 2022
Rikke Roden JensenBoard of directors 31 Oct 2002 to 30 Sep 2006
Per ThraneBoard of directors 18 Apr 2002 to 10 Jan 2022
Kim Graven NielsenBoard of directors 30 Nov 2005 to 28 May 2008
Povl Christian Lütken FrigastBoard of directors 30 Nov 2001 to 29 Nov 2002
Ole Steen AndersenBoard of directors 27 Mar 2007 to 10 Jan 2022
Bjarne Skaarup SkovsbølBoard of directors 21 Dec 1998 to 25 Oct 1999
Georg René FromBoard of directors 11 Aug 1999 to 28 Feb 2001
Jonna Helena Sigersted AndersenBoard of directors 11 Aug 1999 to 28 Feb 2001
Bodil FoldbjergBoard of directors 11 Aug 1999 to 28 Feb 2001
Yvonne NørtoftBoard of directors 28 Feb 2001 to 1 Aug 2002
Lene RasmussenBoard of directors 28 Feb 2001 to 11 Apr 2007
Jens Aage Nedergaard PedersenBoard of directors 28 Feb 2001 to 1 Mar 2001
Finn Lund AndersenBoard of directors 30 Nov 2001 to 24 Apr 2013
Leif Frank NielsenBoard of directors 30 Nov 2001 to 22 Oct 2003
Dorit SchmidtBoard of directors 31 Oct 2002 to 5 Apr 2011
Michael SkovmandBoard of directors 22 Oct 2003 to 15 Apr 2005
Christel AsmussenBoard of directors 22 Oct 2003 to 15 Oct 2006
Casper Lykke PedersenBoard of directors 30 Mar 2017 to 10 Jan 2022
Malene Braskhøj Bust PihlBoard of directors 27 Mar 2007 to 15 Mar 2022
Per RasmussenBoard of directors 27 Mar 2007 to 5 Apr 2011
Arendt ClausenBoard of directors 27 Mar 2007 to 29 Feb 2008
Ole Holbech Vestergaard SørensenBoard of directors 27 Mar 2007 to 26 Mar 2014
Christian Møller ChristensenBoard of directors 29 Nov 2002 to 29 Jan 2004
Claus Jørgen SchultzBoard of directors 26 Mar 2014 to 4 Jul 2022
Trine Laila BruhnBoard of directors 26 Mar 2014 to 29 Feb 2016
Tommy Lill HagedornBoard of directors 26 Mar 2014 to 15 Mar 2022
Klaus Nørregaard AndersenBoard of directors 5 Apr 2011 to 30 Apr 2013
Morten LudwigsBoard of directors 5 Apr 2011 to 31 May 2013
Stian HaugenBoard of directors 10 Jan 2022 to 18 Sep 2024
Kristoffer Karl Arne AsklövBoard of directors 10 Jan 2022 to 28 Nov 2025
Jane Granborg PoulsenBoard of directors 23 Jan 2017 to 4 Jul 2022
Rodriques John PeterBoard of directors 4 Jul 2022 to 31 Oct 2024

Network

Roles Over Time

Steen Moeskjær Jensen: Board of directors, 26 Mar 2014 to today.
Henning Dahlen: Board of directors, 10 Jan 2022 to today.
Mona Cathrin Nylander: Board of directors, 10 Jan 2022 to today.
Maibrit Lindgaard Paulsen: Board of directors, 4 Jul 2022 to today.
Jimi Klitholm Sandgreen: Executive board, 1 Apr 2024 to today.
Hans Petter Thomassen: Board of directors, 18 Sep 2024 to today.
Hasse Faxe: Board of directors, 1 Dec 2025 to today.

26 Mar 2014 to 3 Nov 2026.

Former (48)

Kristoffer Karl Arne Asklöv: Board of directors, 10 Jan 2022 to 28 Nov 2025.
Rodriques John Peter: Board of directors, 4 Jul 2022 to 31 Oct 2024.
Stian Haugen: Board of directors, 10 Jan 2022 to 18 Sep 2024.
Carsten Juul Christensen: Executive board, 1 Mar 2013 to 1 Apr 2024.
Svend Lindbjerg: Board of directors, 5 Apr 2011 to 4 Jul 2022.
Gert Højgaard Pedersen: Board of directors, 30 Mar 2017 to 4 Jul 2022.
Claus Jørgen Schultz: Board of directors, 26 Mar 2014 to 4 Jul 2022.
Jane Granborg Poulsen: Board of directors, 23 Jan 2017 to 4 Jul 2022.
Malene Braskhøj Bust Pihl: Board of directors, 27 Mar 2007 to 15 Mar 2022.
Tommy Lill Hagedorn: Board of directors, 26 Mar 2014 to 15 Mar 2022.
Folmer Rud Hansen: Board of directors, 29 Jan 2004 to 10 Jan 2022.
Sven Ruder: Board of directors, 24 Apr 2013 to 10 Jan 2022.
Per Thrane: Board of directors, 18 Apr 2002 to 10 Jan 2022.
Ole Steen Andersen: Board of directors, 27 Mar 2007 to 10 Jan 2022.
Casper Lykke Pedersen: Board of directors, 30 Mar 2017 to 10 Jan 2022.
Søren Lindberg: Board of directors, 29 Jan 2004 to 17 May 2016.
Trine Laila Bruhn: Board of directors, 26 Mar 2014 to 29 Feb 2016.
Kurt Schmidt: Board of directors, 5 Apr 2011 to 26 Mar 2014.
Ole Holbech Vestergaard Sørensen: Board of directors, 27 Mar 2007 to 26 Mar 2014.
Morten Ludwigs: Board of directors, 5 Apr 2011 to 31 May 2013.
Klaus Nørregaard Andersen: Board of directors, 5 Apr 2011 to 30 Apr 2013.
Finn Lund Andersen: Board of directors, 30 Nov 2001 to 24 Apr 2013.
Knud Andersen: Executive board, 1 Jul 2005 to 1 Mar 2013.
Carsten Christensen: Board of directors, 27 Mar 2007 to 5 Apr 2011.
Dorit Schmidt: Board of directors, 31 Oct 2002 to 5 Apr 2011.

30 Nov 2001 to 3 Nov 2026. Showing 25 of 48. The list above has every one.

Executive board (Direktion)Board of directors (Bestyrelse)Each bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Revenue	1,006,876	1,175,712	695,462	403,970	325,665
Gross profit	123,990	Not reported	Not reported	Not reported	Not reported
Operating profit	+63,188	+73,902	+37,538	+11,508	+25,473
Result for the year	+46,932	+55,857	+31,892	+5,495	+132,722
Equity	230,954	184,366	197,663	183,158	235,880
Total assets	773,506	538,492	371,472	326,688	415,992
Employees (average)	840	149	172	161	135
Credit metrics (Dandex calculations)
Revenue growth (omsætningsvækst)	51.4%	60.1%	-40.8%	-41.9%	-19.4%
EBIT margin (overskudsgrad)	6.3%	6.3%	5.4%	2.9%	7.8%
EBITDA	82,258	79,345^{note 1}	44,018^{note 1}	18,416^{note 1}	33,318^{note 1}
EBITDA margin	8.2%	6.8%^{note 1}	6.3%^{note 1}	4.6%^{note 1}	10.2%^{note 1}
Employee growth (vækst i antal ansatte)	Not reported^{note 2}	15.5%	15.4%	-6.4%	-16.2%
Net interest-bearing debt (NIBD, nettorentebærende gæld)	52,273	-54,122	-34,904^{note 3}	-19,153^{note 3}	-110,658
Gearing, NIBD / EBITDA	0.6x	Net cash^{note 1}	Net cash^{note 4}	Net cash^{note 4}	Net cash^{note 1}
ROIC (afkast af investeret kapital)	21.2%	36.4%	19.8%^{note 3}	4.3%^{note 3}	11.4%
Capex (investeringer i anlægsaktiver)	29,203	11,937^{note 5}	8,564^{note 5}	8,469^{note 5}	13,694^{note 5}
Capex % of sales (investeringer i procent af omsætningen)	2.9%	1%^{note 5}	1.2%^{note 5}	2.1%^{note 5}	4.2%^{note 5}
FCFF / EBITDA (pengestrømskonvertering)	-44.4%^{note 6}	Not reported	Not reported	Not reported	Not reported
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	30,147	46,525	-38,254^{note 3}	-21,569^{note 3}	-62,200

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Group figures (koncern).

1 D&A from the fixed asset notes
2 no average employee figure for the year before
3 no interest-bearing debt reported
4 no interest-bearing debt reported; D&A from the fixed asset notes
5 additions per the fixed asset notes
6 Dandex estimate: interest paid estimated from finance expenses

Annual Reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 2 Jul 2026
PDF XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 2 Jul 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 28 Jun 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 6 Jul 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 16 May 2022
PDF

Financials

Changes

All changes

6 May 2026
Ownership change
Kitron A/S (CVR 21662534) har foretaget ejerskifte pr. 6. maj 2026: 3 indtrådt.
1 Dec 2025
Director change
Kitron A/S (CVR 21662534) har foretaget direktørskifte pr. 1. december 2025: 1 indtrådt.
18 Sep 2024
Director change
Kitron A/S (CVR 21662534) har foretaget direktørskifte pr. 18. september 2024: 1 indtrådt.
17 Jul 2024
Ownership change
Kitron A/S (CVR 21662534) har foretaget ejerskifte pr. 17. juli 2024: 1 indtrådt.
1 Apr 2024
Director change
Kitron A/S (CVR 21662534) har foretaget direktørskifte pr. 1. april 2024: 1 indtrådt.
4 Jul 2022
Director change
Kitron A/S (CVR 21662534) har foretaget direktørskifte pr. 4. juli 2022: 1 indtrådt.
4 Jul 2022
Director change
Kitron A/S (CVR 21662534) har foretaget direktørskifte pr. 4. juli 2022: 1 indtrådt.
10 Jan 2022
Director change
Kitron A/S (CVR 21662534) har foretaget direktørskifte pr. 10. januar 2022: 1 indtrådt.
10 Jan 2022
Director change
Kitron A/S (CVR 21662534) har foretaget direktørskifte pr. 10. januar 2022: 2 indtrådt.
10 Jan 2022
Director change
Kitron A/S (CVR 21662534) har foretaget direktørskifte pr. 10. januar 2022: 1 indtrådt.

Changes

Registration

Address: Ane Staunings Vej 21
8700 Horsens
Horsens Municipality
CVR record last changed: 16 Oct 2026
Data read: 3 Nov 2026

Production Units

8 registered in CVR.

BB ELECTRONICS A/S
P-number 1008880677Elholm 6, 6400 Sønderborg
BB ELECTRONICS A/S
P-number 100630253521, 9999 Ukendt
BB ELECTRONICS A/S
P-number 1003088057Ryttervangen 11, 7323 Give
BB ELECTRONICS A/S
P-number 1000935176Fabriksvej 13, 7600 Struer
BB ELECTRONICS A/S
P-number 1009289352Elholm 6, 6400 Sønderborg

Show 3 more

BB Electronics A/S
P-number 1007580734Ane Staunings Vej 21, 8700 Horsens
BB ELECTRONICS MANUFACTORING A/S
P-number 1007572529Rosagervej 15, 4720 Præstø
Kitron A/S
P-number 1002590934Ane Staunings Vej 21, 8700 Horsens

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Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Revenue	1,006,876	1,175,712	695,462	403,970	325,665
Gross profit	123,990	Not reported	Not reported	Not reported	Not reported
Operating profit	+63,188	+73,902	+37,538	+11,508	+25,473
Result for the year	+46,932	+55,857	+31,892	+5,495	+132,722
Equity	230,954	184,366	197,663	183,158	235,880
Total assets	773,506	538,492	371,472	326,688	415,992
Employees (average)	840	149	172	161	135
Credit metrics (Dandex calculations)
Revenue growth (omsætningsvækst)	51.4%	60.1%	-40.8%	-41.9%	-19.4%
EBIT margin (overskudsgrad)	6.3%	6.3%	5.4%	2.9%	7.8%
EBITDA	82,258	79,345^{note 1}	44,018^{note 1}	18,416^{note 1}	33,318^{note 1}
EBITDA margin	8.2%	6.8%^{note 1}	6.3%^{note 1}	4.6%^{note 1}	10.2%^{note 1}
Employee growth (vækst i antal ansatte)	Not reported^{note 2}	15.5%	15.4%	-6.4%	-16.2%
Net interest-bearing debt (NIBD, nettorentebærende gæld)	52,273	-54,122	-34,904^{note 3}	-19,153^{note 3}	-110,658
Gearing, NIBD / EBITDA	0.6x	Net cash^{note 1}	Net cash^{note 4}	Net cash^{note 4}	Net cash^{note 1}
ROIC (afkast af investeret kapital)	21.2%	36.4%	19.8%^{note 3}	4.3%^{note 3}	11.4%
Capex (investeringer i anlægsaktiver)	29,203	11,937^{note 5}	8,564^{note 5}	8,469^{note 5}	13,694^{note 5}
Capex % of sales (investeringer i procent af omsætningen)	2.9%	1%^{note 5}	1.2%^{note 5}	2.1%^{note 5}	4.2%^{note 5}
FCFF / EBITDA (pengestrømskonvertering)	-44.4%^{note 6}	Not reported	Not reported	Not reported	Not reported
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	30,147	46,525	-38,254^{note 3}	-21,569^{note 3}	-62,200

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

1 D&A from the fixed asset notes
2 no average employee figure for the year before
3 no interest-bearing debt reported
4 no interest-bearing debt reported; D&A from the fixed asset notes
5 additions per the fixed asset notes
6 Dandex estimate: interest paid estimated from finance expenses

Annual Reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 2 Jul 2026
PDF XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 2 Jul 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 28 Jun 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 6 Jul 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 16 May 2022
PDF

Ownership

People

Network

Financials

Changes

Registration

Dandex in Your Own Tools

Ownership

People

Financials

Who Is Behind It

Ownership

Control Chain

Owned Companies

People

Current (7)

Founders (1)

Network

Roles Over Time

Network

Financials

Annual Reports

Financials

Changes

Changes

Registration

Production Units

Dandex in Your Own Tools

Who Is Behind It

Control Chain

Owned Companies

Current (7)

Founders (1)

Network

Shared by two or more of its people

Its people and their other companies

Network

Roles Over Time

Financials

Annual Reports

Changes

Production Units

Network

Shared by two or more of its people

Its people and their other companies