CVR 25350170Public limited company (A/S)Fremstilling af elektriske fordelings- og kontrolapparater (271200)Odense SØFounded 27 Apr 2000
Employees
189
CVR registry, Aug 2026
+12 (+6.8%) over 12 months
Gross profit
111.2M
DKK, annual report 2025
+4.8% on 2024
Result
+8.8M
DKK, annual report 2025
Equity
59.7M
DKK, annual report 2025
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.
Dandex is Danish company data. Connect it once and ask about TITECH ELECTRIC A/S, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexElcor Group ApSCVR 44255855, 100% of capital and votes, since 31 Mar 2025
Tom Henriksensince 24 Mar 2023
Peter Løfgren Ringsince 1 Jul 2026
Jesper Steenstrupsince 28 Oct 2022
CVR 44255855100% of capital and votessince 31 Mar 2025
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 2833055366.7% to under 90% of capital and votes10 Mar 2005 to 31 Mar 2025
CVR 4359439710% to under 15% of capital and votes28 Oct 2022 to 31 Mar 2025
CVR 4393658110% to under 15% of capital and votes24 Mar 2023 to 31 Mar 2025
Ultimate controller
CVR 43533231Limited partnership (K/S)
Holds 50% to under 66.7% of capital and votes in Elcor Holding III ApS, since 24 Aug 2023
Holding company
CVR 44254956Private limited company (ApS)
Holds 66.7% to under 90% of capital and votes in Elcor Holding II ApS, since 24 Aug 2023
Holding company
CVR 44255642Private limited company (ApS)
Holds 100% of capital and votes in Elcor Holding I ApS, since 24 Aug 2023
Holding company
CVR 44255693Private limited company (ApS)
Holds 100% of capital and votes in Elcor Group ApS, since 24 Aug 2023
Holding company
CVR 44255855Private limited company (ApS)
Holds 100% of capital and votes in TITECH ELECTRIC A/S, since 31 Mar 2025
This company
TITECH ELECTRIC A/S
CVR 25350170
CVR records founders at incorporation. It does not record whether they are alive or still involved.
28 Oct 2022 to 1 Nov 2026.
27 Apr 2000 to 1 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 54,443 | 68,793 | 93,493 | 106,095 | 111,183 |
| Operating profit | +5,516 | +10,018 | +20,544 | +27,187 | +11,671 |
| Result for the year | +4,224 | +7,571 | +16,195 | +21,327 | +8,779 |
| Equity | 21,778 | 25,349 | 39,544 | 50,871 | 59,650 |
| Total assets | 51,791 | 64,938 | 80,439 | 113,210 | 145,855 |
| Employees (average) | 95 | 118 | 130 | 150 | 163 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | 8.7% | 26.4% | 35.9% | 13.5% | 4.8% |
| EBITDA | 6,857 | 11,399 | 23,044 | 30,007 | 16,109 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | 12.6% | 16.6% | 24.7% | 28.3% | 14.5% |
| Employee growth (vækst i antal ansatte) | -4% | 24.2% | 10.2% | 15.4% | 8.7% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | -6,295note 1 | 1,625 | -18,749 | 20,047 | -15,185 |
| Gearing, NIBD / EBITDA | Net cashnote 1 | 0.1x | Net cash | 0.7x | Net cash |
| ROIC (afkast af investeret kapital) | 29.2%note 1 | 36.7% | 66.9% | 46.2% | 15.8% |
| Capex (investeringer i anlægsaktiver) | 989note 2 | 1,804note 2 | 3,631note 2 | 23,677 | 5,444 |
| FCFF / EBITDA (pengestrømskonvertering) | Not reported | Not reported | Not reported | -95% | 90.2% |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | -10,309note 1 | 1,625 | -18,749 | 20,047 | 4,539 |
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. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may.
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 16 Jun 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 31 Mar 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 28 May 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 24 May 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 17 May 2022
TITECH ELECTRIC A/S has new leadership, a good time to reach out.
Signal, a Dandex estimate. Lapses 11 Dec 2026.
5 registered in CVR.
P-number 1014294852Langvadbjergvej 5, 7400 Herning
P-number 1026193342Hammershusvej 6, 7400 Herning
P-number 1014294844Sivlandvænget 7, 5260 Odense S
P-number 1007603122Ove Gjeddes Vej 11, 5220 Odense SØ
P-number 1032090431Grundtvigs Alle 165, 6400 Sønderborg
No other current company drawn.
