Bsh Hvidevarer A/S
Public limited companyCVR 20173173BallerupActive
Bsh Hvidevarer A/S is a public limited company, based in Ballerup, active in wholesale of electrical household appliances, founded in 1997. Net profit fell 12% from 2024 to 2025, ending at DKK 19.6m. Measured by gross profit, it ranks no. 3 of 65 companies in the industry in the database. With 116 employees, the company is about 23 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Revenue rose 7% (2024 → 2025), to DKK 869.4m.
- Net profit fell 12% (2024 → 2025), to DKK 19.6m.
- Equity fell 9% (2024 → 2025), to DKK 60.2m.
Employees
- 9 fewer employees than a year earlier: 116 (08/2026) against 125 (08/2025).
Management and owners, last 24 months
- New in management: Piotr Zukowski (chair of the board, 01/09/2026), Veikko Ilmari Siivonen (board member, 01/09/2026) and Piotr Zukowski (board member, 01/08/2026).
- Stepped down: Olivier Jean Georges Rothmann (chair of the board, 31/08/2026), Gisela Ingetraut Döbbeler (board member, 31/07/2026) and Piotr Zukowski (board member, 31/08/2026).
Registrations, last 24 months
- 07/09/2026: Moved to Telegrafvej 1, 2750 Ballerup
- 01/01/2025: Industry changed to Wholesale of electrical household appliances (464310)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 1,166,743 | 1,152,635 | 915,103 | 872,700 | 809,947 | 869,416 | +7.3% |
| Gross profit | 125,697 | 133,092 | 121,944 | 107,763 | 111,182 | 112,262 | +1% |
| Operating profit (EBIT) | 39,616 | 41,204 | 36,235 | 22,918 | 27,002 | 24,028 | −11% |
| Profit before tax | 39,702 | 41,372 | 36,964 | 26,245 | 28,707 | 25,211 | −12.2% |
| Net profit | 30,924 | 32,177 | 28,688 | 20,414 | 22,294 | 19,602 | −12.1% |
| Total assets | 293,208 | 292,792 | 280,455 | 225,730 | 185,584 | 218,794 | +17.9% |
| Equity | 104,002 | 90,179 | 86,367 | 66,281 | 65,975 | 60,177 | −8.8% |
| Liabilities | 128,894 | 158,725 | 163,639 | 136,333 | 103,091 | 130,928 | +27% |
| Cash and cash equivalents | – | – | 2 | 6 | 0 | – | – |
| Average number of employees | 140 | 143 | 140 | 132 | 126 | 123 | −2.4% |
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.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five latest annual reports in a row.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 16/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 13/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 17/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 22/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 25/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 18/06/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
65 companies in the databaseComparison with the other companies in wholesale of electrical household appliances based on the latest financial year.
Industry median: gross profit DKK 4.2m, net profit DKK 569k, equity DKK 3.8m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 525of 4,412 Better than 88% | No. 1,048of 4,466 Better than 77% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 629of 24,791 Better than 97% | No. 2,022of 24,909 Better than 92% |
| All companies of type A/S18,025 companies in the comparison | No. 1,405of 17,786 Better than 92% | No. 3,193of 18,024 Better than 82% |
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
Wholesale of electrical household appliances- Bsh Hvidevarer A/SDKK 112.3m
- Miele A/SDKK 157.6m
- Oluf Brønnum & Co. A/SDKK 143.4m
- Bsh Hvidevarer A/SDKK 19.6m
- Miele A/SDKK 17m
- Oluf Brønnum & Co. A/SDKK 14.2m
- Bsh Hvidevarer A/SDKK 60.2m
- Miele A/SDKK 116m
- Oluf Brønnum & Co. A/SDKK 114.8m
- Bsh Hvidevarer A/S116
- Miele A/S206
- Oluf Brønnum & Co. A/S211
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- BSH Home Appliances AB100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Morten Liengaard | CEO | 01/09/2020 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Morten Liengaard | Board member | 01/09/2020 |
| Piotr Zukowski | Chair of the board | 01/09/2026 |
| Veikko Ilmari Siivonen | Board member | 01/09/2026 |
- Founders
- KR 332 ApS
Former management (34)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Michael Egede Budtz | Board member | 06/06/1997 | 29/10/1997 |
| Kurt Skovlund | Board member | 06/06/1997 | 29/10/1997 |
| Henrik Møgelmose | Board member | 06/06/1997 | 29/10/1997 |
| Vagn Thorup | Board member | 06/06/1997 | 29/10/1997 |
| Jørgen Byriel | Director | 06/06/1997 | 29/10/1997 |
| Per Kempel | Board member | 29/10/1997 | 30/12/2003 |
| Helmut Lengler | Board member | 29/10/1997 | 20/01/2003 |
| Mogens Dalsgaard | CEO | 29/10/1997 | 01/10/2010 |
| Georg Gmeiner | Chair of the board | 29/10/1997 | 31/08/2000 |
| Hans Fritz Bruno Becker | Chair of the board | 31/08/2000 | 10/07/2002 |
| Hans-Peter Haase | Deputy chair | 31/08/2000 | 31/08/2001 |
| Bernhard Horak | Board member | 26/09/2000 | 31/12/2002 |
| Michael Franz Steinle | Chair of the board | 30/06/2002 | 01/11/2010 |
| Peter Helmut Dr Götz | Board member | 31/12/2002 | 01/11/2006 |
| Jukka Pekka Pertola | Board member | 20/01/2003 | 01/04/2004 |
| Karl-Wolfgang Gilbert Dubois | Board member | 30/12/2003 | 01/04/2004 |
| Thomas Alexander Baader | Board member | 01/11/2006 | 28/04/2017 |
| Michael Wirzberger | Board member | 01/10/2010 | 01/07/2012 |
| Michael Wirzberger | CEO | 01/10/2010 | 01/07/2012 |
| Martin Georg Knobloch | Chair of the board | 01/11/2010 | 01/09/2020 |
| Andreas Hermann Ströbl | Board member | 01/07/2012 | 03/05/2016 |
| Andreas Hermann Ströbl | CEO | 01/07/2012 | 03/05/2016 |
| Klaus Josef Rogg | Board member | 03/05/2016 | 02/09/2019 |
| Klaus Josef Rogg | CEO | 03/05/2016 | 02/09/2019 |
| Andrea Willmeroth | Board member | 28/04/2017 | 21/12/2017 |
| Silvina Peñaloza Isacson | Board member | 21/12/2017 | 18/09/2020 |
| Peter Bastar | Board member | 02/09/2019 | 31/08/2020 |
| Peter Bastar | CEO | 02/09/2019 | 01/09/2020 |
| Peter Bastar | Chair of the board | 01/09/2020 | 01/09/2024 |
| Martin Georg Knobloch | Board member | 18/09/2020 | 01/01/2021 |
| Sarah Gilliam Fagerberg | Board member | 01/01/2021 | 01/09/2024 |
| Olivier Jean Georges Rothmann | Chair of the board | 01/09/2024 | 31/08/2026 |
| Gisela Ingetraut Döbbeler | Board member | 01/09/2024 | 31/07/2026 |
| Piotr Zukowski | Board member | 01/08/2026 | 31/08/2026 |
Signing rule: Selskabet tegnes af 2 bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsTelegrafvej 1
2750 Ballerup
Ballerup Municipality · Postcode 2750
Other companies at the address (3)
- Robert Bosch A/SWholesale of machine tools
- Bosch Rexroth A/SWholesale of other machinery and equipment
- Furbo & Holm Kantine Service ApSContract catering and other food service activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| BSH HVIDEVARER A/S | Telegrafvej 1, 2750 Ballerup | 116 | 1004288717 |
Purpose
Selskabets formål er direkte eller gennem helt eller delvist ejede selskaber at sælge og yde kundeservice for hvidevarer samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
86 registered events20268 changesaddress 1 · management 6 · accounts 1
- AddressMoved to Telegrafvej 1, 2750 Ballerup
- ManagementVeikko Ilmari Siivonen appointed board member
- ManagementPiotr Zukowski appointed chair of the board
- ManagementPiotr Zukowski stepped down as board member
- ManagementOlivier Jean Georges Rothmann stepped down as chair of the board
- ManagementPiotr Zukowski appointed board member
- ManagementGisela Ingetraut Döbbeler stepped down as board member
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Wholesale of electrical household appliances (464310)
20245 changesmanagement 4 · accounts 1
- ManagementGisela Ingetraut Döbbeler appointed board member
- ManagementOlivier Jean Georges Rothmann appointed chair of the board
- ManagementSarah Gilliam Fagerberg stepped down as board member
- ManagementPeter Bastar stepped down as chair of the board
- AccountsAnnual report for 2023 published
20232 changesaccounts 1 · address 1
- AccountsAnnual report for 2022 published
- AddressMoved to Telegrafvej 4, 2750 Ballerup
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20213 changesaccounts 1 · management 2
- AccountsAnnual report for 2020 published
- ManagementSarah Gilliam Fagerberg appointed board member
- ManagementMartin Georg Knobloch stepped down as board member
20208 changesmanagement 8
- ManagementMartin Georg Knobloch appointed board member
- ManagementSilvina Peñaloza Isacson stepped down as board member
- ManagementMorten Liengaard appointed board member
- ManagementMorten Liengaard appointed ceo
- ManagementPeter Bastar appointed chair of the board
- ManagementPeter Bastar stepped down as ceo
- ManagementMartin Georg Knobloch stepped down as chair of the board
- ManagementPeter Bastar stepped down as board member
20194 changesmanagement 4
- ManagementPeter Bastar appointed ceo
- ManagementPeter Bastar appointed board member
- ManagementKlaus Josef Rogg stepped down as ceo
- ManagementKlaus Josef Rogg stepped down as board member
20174 changesmanagement 4
- ManagementSilvina Peñaloza Isacson appointed board member
- ManagementAndrea Willmeroth stepped down as board member
- ManagementAndrea Willmeroth appointed board member
- ManagementThomas Alexander Baader stepped down as board member
20164 changesmanagement 4
- ManagementKlaus Josef Rogg appointed ceo
- ManagementKlaus Josef Rogg appointed board member
- ManagementAndreas Hermann Ströbl stepped down as ceo
- ManagementAndreas Hermann Ströbl stepped down as board member
20124 changesmanagement 4
- ManagementAndreas Hermann Ströbl appointed ceo
- ManagementAndreas Hermann Ströbl appointed board member
- ManagementMichael Wirzberger stepped down as ceo
- ManagementMichael Wirzberger stepped down as board member
20105 changesmanagement 5
- ManagementMartin Georg Knobloch appointed chair of the board
- ManagementMichael Franz Steinle stepped down as chair of the board
- ManagementMichael Wirzberger appointed ceo
- ManagementMichael Wirzberger appointed board member
- ManagementMogens Dalsgaard stepped down as ceo
20071 changeaddress 1
- AddressMoved to Telegrafvej 4, 2750 Ballerup
20062 changesmanagement 2
- ManagementThomas Alexander Baader appointed board member
- ManagementPeter Helmut Dr Götz stepped down as board member
20042 changesmanagement 2
- ManagementKarl-Wolfgang Gilbert Dubois stepped down as board member
- ManagementJukka Pekka Pertola stepped down as board member
20034 changesmanagement 4
- ManagementKarl-Wolfgang Gilbert Dubois appointed board member
- ManagementPer Kempel stepped down as board member
- ManagementJukka Pekka Pertola appointed board member
- ManagementHelmut Lengler stepped down as board member
20024 changesmanagement 4
- ManagementPeter Helmut Dr Götz appointed board member
- ManagementBernhard Horak stepped down as board member
- ManagementHans Fritz Bruno Becker stepped down as chair of the board
- ManagementMichael Franz Steinle appointed chair of the board
20011 changemanagement 1
- ManagementHans-Peter Haase stepped down as deputy chair
20004 changesmanagement 4
- ManagementBernhard Horak appointed board member
- ManagementHans-Peter Haase appointed deputy chair
- ManagementHans Fritz Bruno Becker appointed chair of the board
- ManagementGeorg Gmeiner stepped down as chair of the board
199718 changescapital 1 · ownership 1 · name 1 · management 14 · founded 1
- CapitalShare capital changed from 500,000 DKK to 20,000,000 DKK
- OwnershipBSH Home Appliances AB registered as owner (100%)
- NameName changed from KM 141 A/S to BSH HVIDEVARER A/S
- ManagementHelmut Lengler appointed board member
- ManagementGeorg Gmeiner appointed chair of the board
- ManagementMogens Dalsgaard appointed ceo
- ManagementPer Kempel appointed board member
- ManagementKurt Skovlund stepped down as board member
- ManagementJørgen Byriel stepped down as director
- ManagementVagn Thorup stepped down as board member
- ManagementHenrik Møgelmose stepped down as board member
- ManagementMichael Egede Budtz stepped down as board member
- FoundedRegistered as KM 141 A/S
- ManagementKurt Skovlund appointed board member
- ManagementJørgen Byriel appointed director
- ManagementVagn Thorup appointed board member
- ManagementHenrik Møgelmose appointed board member
- ManagementMichael Egede Budtz appointed board member
Related companies
Same industry in Ballerup
- Hotri Storkøkken A/S34 employees
- Hvidt & Frit A.m.b.a.6 employees
- SPB Denmark ApS5 employees
Same people in management
- Siemens Gamesa Renewable Energy A/Svia Jukka Pekka Pertola
- Tryg Forsikring A/Svia Jukka Pekka Pertola
- Norlys Telco A/Svia Jukka Pekka Pertola
- Bygma A/Svia Henrik Møgelmose
- EY Godkendt Revisionspartnerselskabvia Henrik Møgelmose
- Imerco A/Svia Kurt Skovlund
Largest in the industry
- Miele A/SDKK 157.6m
- Oluf Brønnum & Co. A/SDKK 143.4m
- Nortec A/SDKK 107.2m
- Witt Denmark A/SDKK 98.7m
- Tefcold A/SDKK 95.6m
- Electrolux Home Products Denmark A/SDKK 82.6m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.