Baettr Sales & Services A/S

Public limited companyCVR 40070532Lem StActive

Baettr Sales & Services A/S is a public limited company, based in Lem St, active in manufacture of electric motors, generators and transformers, founded in 2018. Equity was negative at the end of 2025 (−DKK 2.1m). The company went from a profit in 2024 to a loss of DKK 24.4m in 2025. Measured by gross profit, it ranks no. 5 of 29 companies in the industry in the database.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 46.1m−47% vs. 2024

Net profit−DKK 24.4m−624.9% vs. 2024

Equity−DKK 2.1m−105.7% vs. 2024

Employees44latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 47% (2024 → 2025), to DKK 46.1m.
Net profit went from a profit of DKK 4.6m to a loss of DKK 24.4m (2024 → 2025).
Equity turned negative: −DKK 2.1m (2024 → 2025).

Employees

22 fewer employees than a year earlier: 44 (07/2026) against 66 (07/2025).

Management and owners, last 24 months

New in management: Thomas Kiilerich Henriksen (chair of the board, 11/06/2026), Louise Kilsgård Andersen (board member, 12/10/2026) and Thomas Kiilerich Henriksen (chair of the board, 31/01/2025) (+3).
Stepped down: Thomas Rahbek (chair of the board, 31/01/2025), Maria-Louise Schmidt Bjørkmann (board member, 09/10/2025) and Thomas Kiilerich Henriksen (chair of the board, 08/10/2025) (+3).

Registrations, last 24 months

01/01/2025: Industry changed to Manufacture of electric motors, generators and transformers (271100)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for Baettr Sales & Services A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	652,659	944,211	823,579	not stated	not stated	not stated	–
Gross profit	55,735	85,917	3,825	70,492	86,987	46,087	−47%
Operating profit (EBIT)	–	21,334	−34,907	11,169	26,170	−14,266	−154.5%
Profit before tax	−88	17,158	−43,018	−521	16,788	−20,327	−221.1%
Net profit	−9,719	7,646	−38,918	−6,347	4,646	−24,387	−624.9%
Total assets	181,697	194,326	215,088	189,738	209,574	169,902	−18.9%
Equity	30,027	37,673	38,981	32,633	37,279	−2,108	−105.7%
Liabilities	151,587	156,654	176,108	157,105	172,295	172,010	−0.2%
Cash and cash equivalents	59	28,324	46,916	124,517	50,229	83,867	+67%
Average number of employees	30	39	42	38	51	60	+17.6%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

Compare with the industry (29 companies)

Gross profitMedian, the industry (29 companies)

Signals from the financial statements

calculated from the 2025 figures

Negative equity
Equity was −DKK 2.1m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years

Annual reports for Baettr Sales & Services A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	18/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	19/04/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	22/06/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	12/06/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	28/06/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	30/06/2021	The company	PDF XBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR

Employees

Position in the industry

29 companies in the database

Comparison with the other companies in manufacture of electric motors, generators and transformers based on the latest financial year.

Gross profitDKK 46.1mNo. 5 of 29

Better than 86% of the companies in the industry

Equity−DKK 2.1mNo. 26 of 29

Better than 11% of the companies in the industry

Number of employees44No. 6 of 29

Better than 82% of the companies in the industry

Industry median: gross profit DKK 5.2m, net profit DKK 318k, equity DKK 5m, 13 employees.

Distribution of gross profit for 24 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form

Rank among similar companies
Group	Gross profit	Equity
Companies with 20–49 employees9,922 companies in the comparison	No. 520of 9,892 Better than 95%	No. 9,566of 9,922 Better than 4%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 763of 33,588 Better than 98%	No. 32,537of 33,687 Better than 3%
All companies of type A/S18,025 companies in the comparison	No. 3,125of 17,786 Better than 82%	No. 17,524of 18,024 Better than 3%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of electric motors, generators and transformers

Gross profit

Baettr Sales & Services A/SDKK 46.1m
Linak A/SDKK 1.1bn
Itw Gse ApSDKK 280.2m

Net profit

Baettr Sales & Services A/S−DKK 24.4m
Linak A/SDKK 272.5m
Itw Gse ApSDKK 146.8m

Equity

Baettr Sales & Services A/S−DKK 2.1m
Linak A/SDKK 2.6bn
Itw Gse ApSDKK 268.8m

Employees

Baettr Sales & Services A/S44
Linak A/S1,180
Itw Gse ApS118

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register

Owners

Baettr Holding GmbH100%

Baettr Sales & Services A/S

Management

4 active registrations

Executive management

Executive management at Baettr Sales & Services A/S
Name	Role	Appointed
Peter Christian Pallishøj	Director	04/12/2018

Board of directors

Board of directors at Baettr Sales & Services A/S
Name	Role	Appointed
Peter Christian Pallishøj	Board member	04/12/2018
Thomas Kiilerich Henriksen	Chair of the board	11/06/2026
Louise Kilsgård Andersen	Board member	12/10/2026

Auditor: Beierholm Godkendt Revisionspartnerselskab
Founders: Global Castings Holding A/S

Former management (11)

Former management at Baettr Sales & Services A/S
Name	Role	Appointed	Resigned
Mads Lykke Nørby	Director	04/12/2018	08/04/2022
Stefan Brandt	Chair of the board	04/12/2018	01/11/2019
Ina Hannen	Board member	04/12/2018	31/10/2019
Ina Hannen	Chair of the board	01/11/2019	12/01/2021
Ingo Knecht	Board member	01/11/2019	22/04/2021
Thomas Rahbek	Chair of the board	12/01/2021	31/01/2025
Maria-Louise Schmidt Bjørkmann	Board member	22/04/2021	09/10/2025
Thomas Kiilerich Henriksen	Chair of the board	31/01/2025	08/10/2025
Poul Erik Kamstrup Kristensen	Chair of the board	09/10/2025	11/06/2026
Thomas Kiilerich Henriksen	Board member	09/10/2025	10/06/2026
Maria-Louise Schmidt Bjørkmann	Board member	11/06/2026	12/10/2026

Signing rule: Selskabet tegnes af to direktører i forening eller af en direktør i forening med et medlem af bestyrelsen eller af den samlede bestyrelse.

Address and production units

1 active production units

Smed Hansens Vej 27
6940 Lem St

Ringkøbing-Skjern Municipality · Postcode 6940

Other companies at the address (1)

Baettr Lem A/SManufacture of electric motors, generators and transformers

Production units
Production unit	Address	Industry	Employees	P number
Baettr Sales & Services A/S	Smed Hansens Vej 27, 6940 Lem St	Manufacture of electric motors, generators and transformers	43	1024188252

Purpose

Selskabets formål er at drive virksomhed med udvikling, produktion, handel og service inden for støberi- og maskinbearbejdningsindustrien, levering af konsulentydelser samt anden virksomhed, der står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

39 registered events

72018

72019

12020

52021

22022

12023

12024

82025

72026

20267 changesmanagement 6 · accounts 1

12/10ManagementLouise Kilsgård Andersen appointed board member
12/10ManagementMaria-Louise Schmidt Bjørkmann stepped down as board member
18/06AccountsAnnual report for 2025 published
11/06ManagementThomas Kiilerich Henriksen appointed chair of the board
11/06ManagementMaria-Louise Schmidt Bjørkmann appointed board member
11/06ManagementPoul Erik Kamstrup Kristensen stepped down as chair of the board
10/06ManagementThomas Kiilerich Henriksen stepped down as board member

20258 changesmanagement 6 · accounts 1 · industry 1

09/10ManagementPoul Erik Kamstrup Kristensen appointed chair of the board
09/10ManagementThomas Kiilerich Henriksen appointed board member
09/10ManagementMaria-Louise Schmidt Bjørkmann stepped down as board member
08/10ManagementThomas Kiilerich Henriksen stepped down as chair of the board
19/04AccountsAnnual report for 2024 published
31/01ManagementThomas Kiilerich Henriksen appointed chair of the board
31/01ManagementThomas Rahbek stepped down as chair of the board
01/01IndustryIndustry changed to Manufacture of electric motors, generators and transformers (271100)

20241 changeaccounts 1

22/06AccountsAnnual report for 2023 published

20231 changeaccounts 1

12/06AccountsAnnual report for 2022 published

20222 changesaccounts 1 · management 1

28/06AccountsAnnual report for 2021 published
08/04ManagementMads Lykke Nørby stepped down as director

20215 changesaccounts 1 · management 4

30/06AccountsAnnual report for 2020 published
22/04ManagementMaria-Louise Schmidt Bjørkmann appointed board member
22/04ManagementIngo Knecht stepped down as board member
12/01ManagementThomas Rahbek appointed chair of the board
12/01ManagementIna Hannen stepped down as chair of the board

20201 changeaddress 1

14/10AddressMoved to Smed Hansens Vej 27, 6940 Lem St

20197 changesmanagement 4 · ownership 2 · name 1

01/11ManagementIna Hannen appointed chair of the board
01/11ManagementIngo Knecht appointed board member
01/11ManagementStefan Brandt stepped down as chair of the board
31/10ManagementIna Hannen stepped down as board member
04/08OwnershipBaettr Holding GmbH registered as owner (100%)
04/08OwnershipGLOBAL CASTINGS HOLDING A/S is no longer registered as owner
04/06NameName changed from Global Castings Sales & Services A/S to Baettr Sales & Services A/S

20187 changesfounded 1 · management 5 · ownership 1

04/12FoundedRegistered as Global Castings Sales & Services A/S
04/12ManagementMads Lykke Nørby appointed director
04/12ManagementPeter Christian Pallishøj appointed director
04/12ManagementPeter Christian Pallishøj appointed board member
04/12ManagementIna Hannen appointed board member
04/12ManagementStefan Brandt appointed chair of the board
04/12OwnershipGLOBAL CASTINGS HOLDING A/S registered as owner (100%)

Related companies

Same industry in Ringkøbing-Skjern

Baettr Lem A/S99 employees
Kva Diesel ApS4 employees
Soltra ApS2 employees

See all →

Same people in management

Skamol A/Svia Poul Erik Kamstrup Kristensen
Jørgen Kruuse A/Svia Thomas Rahbek
Baettr Lem A/Svia Mads Lykke Nørby
Spjald Tømrer og Snedker A/Svia Poul Erik Kamstrup Kristensen
Blue Fox - Herning A/Svia Peter Christian Pallishøj
KD Emballage A/Svia Thomas Rahbek

Largest in the industry

Linak A/SDKK 1.1bn
Itw Gse ApSDKK 280.2m
PM Energi A/SDKK 114.6m
Ec Power A/SDKK 63.1m
Danisense A/SDKK 37.1m
Baettr Lem A/SDKK 26m

See all →

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVR Report a correction