Danotherm Electric A/S

Public limited companyCVR 10126061TaastrupActive

Danotherm Electric A/S is a public limited company, based in Taastrup, active in manufacture of other electrical equipment, founded in 2003. Net profit rose 26% from 2024 to 2025, ending at DKK 15m. Measured by gross profit, it ranks no. 8 of 86 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

Gross profitDKK 68.8m+10.8% vs. 2024
Net profitDKK 15m+26.4% vs. 2024
EquityDKK 94.5m+5.6% vs. 2024
Employees49latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 11% (2024 → 2025), to DKK 68.8m.
  • Net profit rose 26% (2024 → 2025), to DKK 15m.
  • Equity rose 6% (2024 → 2025), to DKK 94.5m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of other electrical equipment (279000)

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for Danotherm Electric A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit61,95857,37451,82651,97762,08168,761+10.8%
Operating profit (EBIT)–15,6778,8589,38814,21018,803+32.3%
Profit before tax20,66515,6118,9309,90615,23919,253+26.3%
Net profit16,10312,1056,8847,72411,87715,007+26.4%
Total assets93,83199,19297,801100,624113,882119,291+4.7%
Equity72,86574,97069,85477,57989,45694,463+5.6%
Liabilities20,46623,72227,54722,94624,37624,820+1.8%
Cash and cash equivalents106305144549153−42%
Average number of employees575453485354+1.9%

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 2020, 2021, 2022, 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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (86 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Profit 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
Annual reports for Danotherm Electric A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202417/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202318/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202207/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202113/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202001/06/2021The companyPDFXBRL

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
0102030405009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

86 companies in the database

Comparison with the other companies in manufacture of other electrical equipment based on the latest financial year.

Gross profitDKK 68.8mNo. 8 of 86
Better than 92% of the companies in the industry
EquityDKK 94.5mNo. 4 of 86
Better than 96% of the companies in the industry
Number of employees49No. 13 of 86
Better than 86% of the companies in the industry

Industry median: gross profit DKK 5.3m, net profit DKK 697k, equity DKK 4.1m, 6 employees.

DKK 116kDKK 964kDKK 8mDKK 66.6mDKK 273.5mHere
Distribution of gross profit for 74 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
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 243of 9,892
Better than 98%
No. 374of 9,922
Better than 96%
Same industry and 20–49 employees10 companies in the comparison
No. 1of 10
Better than 100%
No. 2of 10
Better than 89%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,044of 24,791
Better than 96%
No. 1,432of 24,909
Better than 94%
All companies of type A/S18,025 companies in the comparison
No. 2,197of 17,786
Better than 88%
No. 2,365of 18,024
Better than 87%

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 other electrical equipment
Gross profit
  1. Danotherm Electric A/SDKK 68.8m
  2. Danfoss Power Electronics A/SDKK 554m
  3. Migatronic A/SDKK 312.9m
Net profit
  1. Danotherm Electric A/SDKK 15m
  2. Danfoss Power Electronics A/SDKK 179.2m
  3. Migatronic A/S−DKK 26.5m
Equity
  1. Danotherm Electric A/SDKK 94.5m
  2. Danfoss Power Electronics A/SDKK 607.4m
  3. Migatronic A/SDKK 69.9m
Employees
  1. Danotherm Electric A/S49
  2. Danfoss Power Electronics A/S987
  3. Migatronic A/S165

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
  • Backer AB100%
Danotherm Electric A/S

Management

4 active registrations

Executive management

Executive management at Danotherm Electric A/S
NameRoleAppointed
Michael Hofman LaursenDirector10/02/2003

Board of directors

Board of directors at Danotherm Electric A/S
NameRoleAppointed
Torsten Gert-Erik LindquistBoard member24/01/2003
Ulf Christer FredrikssonChair of the board24/01/2003
Michael Hofman LaursenBoard member08/09/2011
Auditor
KPMG P/S
Former management (5)
Former management at Danotherm Electric A/S
NameRoleAppointedResigned
Peter Hofman LaursenBoard member23/01/200308/09/2011
Hans Wolfgang Arnold MandelBoard member23/01/200324/01/2003
Hans Wolfgang Arnold MandelDirector23/01/200310/02/2003
Peter MandelBoard member23/01/200324/01/2003
Peter MandelDirector10/02/200319/12/2018

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør eller af tre medlemmer af bestyrelsen i forening

Address and production units

1 active production units

Mårkærvej 1
2630 Taastrup

Høje-Taastrup Municipality · Postcode 2630

Production units
Production unitAddressEmployeesP number
DANOTHERM ELECTRIC A/SMårkærvej 1, 2630 Taastrup491003219871

Purpose

Selskabets formål er at drive virksomhed med handel og industri

The purpose is quoted from the register in Danish.

Changes year by year

29 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of other electrical equipment (279000)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changesaccounts 1 · address 2
  • Annual report for 2021 published
  • Moved to Mårkærvej 1, 2630 Taastrup
  • Moved to Mårkærvej 1, 2630 Taastrup
20211 changeaccounts 1
  • Annual report for 2020 published
20181 changemanagement 1
  • Peter Mandel stepped down as director
20113 changesindustry 1 · management 2
  • Industry changed to Manufacture of electronic components (261100)
  • Michael Hofman Laursen appointed board member
  • Peter Hofman Laursen stepped down as board member
20081 changeindustry 1
  • Industry changed to Manufacture of other electrical equipment (279000)
200315 changesmanagement 11 · founded 1 · ownership 3
  • Peter Mandel appointed director
  • Michael Hofman Laursen appointed director
  • Hans Wolfgang Arnold Mandel stepped down as director
  • Torsten Gert-Erik Lindquist appointed board member
  • Ulf Christer Fredriksson appointed chair of the board
  • Peter Mandel stepped down as board member
  • Hans Wolfgang Arnold Mandel stepped down as board member
  • Registered as DANOTHERM ELECTRIC A/S
  • Peter Mandel appointed board member
  • Peter Hofman Laursen appointed board member
  • Hans Wolfgang Arnold Mandel appointed board member
  • Hans Wolfgang Arnold Mandel appointed director
  • Backer AB registered as owner (100%)
  • Backer AB is no longer registered as owner
  • Backer AB registered as owner (100%)

Related companies

Same industry in Høje-Taastrup

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Same people in management

Largest in the industry

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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 CVRReport a correction