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Denver A/S

Public limited companyCVR 18831678HinnerupActive

Denver A/S is a public limited company, based in Hinnerup, active in wholesale of radio, television, photographic and optical goods, founded in 1995. Net profit rose 98% from 2025 to 2026, ending at DKK 26.6m. Measured by gross profit, it ranks no. 5 of 87 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2026

RevenueDKK 444.3m
Net profitDKK 26.6m+98.1% vs. 2025
EquityDKK 85.9m+16.1% vs. 2025
Employees39latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit rose 22% (2025 → 2026), to DKK 83.9m.
  • Net profit rose 98% (2025 → 2026), to DKK 26.6m.
  • Equity rose 16% (2025 → 2026), to DKK 85.9m.

Employees

  • 3 more employees than a year earlier: 39 (08/2026) against 36 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of radio, television, photographic and optical goods (464320)

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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202120222023202420252026
EquityNet profit
Financial figures for Denver A/S
202120222023202420252026Change
Revenue539,696506,772383,709not statednot stated444,345–
Gross profit106,28398,64159,69550,64468,60683,929+22.3%
Operating profit (EBIT)70,24758,63519,52512,61529,32245,929+56.6%
Profit before tax67,43854,78412,9295,69322,43237,518+67.3%
Net profit50,92440,6318,6533,60713,40426,557+98.1%
Total assets260,896306,623255,558218,922240,657240,538−0%
Equity96,874102,40680,78567,50274,01685,908+16.1%
Liabilities151,797191,334163,592140,349153,298135,117−11.9%
Cash and cash equivalents7,4247,22611,3819,64817,11316,852−1.5%
Average number of employees647376707163−11.3%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 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 20mDKK 40mDKK 60mDKK 80mDKK 100m202120222023202420252026
Gross profitMedian, the industry (87 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2022–2026.

    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 Denver A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202610/06/2026The groupPDF not statedXBRL
202501/04/2024 – 31/03/202513/06/2025The groupPDF not statedXBRL
202401/04/2023 – 31/03/202403/09/2024The groupPDFXBRL
202301/04/2022 – 31/03/202325/05/2023The groupPDFXBRL
202201/04/2021 – 31/03/202215/06/2022The groupPDFXBRL
202101/04/2020 – 31/03/202110/06/2021The groupPDFXBRL

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
01020304009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

87 companies in the database

Comparison with the other companies in wholesale of radio, television, photographic and optical goods based on the latest financial year.

Gross profitDKK 83.9mNo. 5 of 87
Better than 95% of the companies in the industry
EquityDKK 85.9mNo. 5 of 87
Better than 95% of the companies in the industry
Number of employees39No. 7 of 87
Better than 93% of the companies in the industry

Industry median: gross profit DKK 3.8m, net profit DKK 455k, equity DKK 4.6m, 6 employees.

DKK 100kDKK 756kDKK 5.7mDKK 43.3mDKK 166.7mHere
Distribution of gross profit for 80 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. 180of 9,892
Better than 98%
No. 414of 9,922
Better than 96%
Same industry and 20–49 employees12 companies in the comparison
No. 1of 12
Better than 100%
No. 1of 12
Better than 100%
Companies that are at least 30 years old10,276 companies in the comparison
No. 978of 10,152
Better than 90%
No. 1,397of 10,275
Better than 86%
All companies of type A/S18,025 companies in the comparison
No. 1,841of 17,786
Better than 90%
No. 2,532of 18,024
Better than 86%

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 radio, television, photographic and optical goods
Gross profit
  1. Denver A/SDKK 83.9m
  2. Harman Professional Denmark ApSDKK 327.2m
  3. HiFi Klubben International A/SDKK 266.1m
Net profit
  1. Denver A/SDKK 26.6m
  2. Harman Professional Denmark ApS−DKK 280.9m
  3. HiFi Klubben International A/SDKK 40.7m
Equity
  1. Denver A/SDKK 85.9m
  2. Harman Professional Denmark ApSDKK 114.9m
  3. HiFi Klubben International A/SDKK 122.9m
Employees
  1. Denver A/S39
  2. Harman Professional Denmark ApS126
  3. HiFi Klubben International A/S124

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
  • Tu Holding ApS100%
Denver A/S

Management

4 active registrations

Executive management

Executive management at Denver A/S
NameRoleAppointed
Torben BalmerDirector01/04/2021

Board of directors

Board of directors at Denver A/S
NameRoleAppointed
Torben UlrichBoard member04/06/1996
Camilla UlrichBoard member20/03/2009
Jesper Ganzhorn ØrskovChair of the board26/08/2015
Founders
Henrik Kristensen, Hekjet A/S
Former management (15)
Former management at Denver A/S
NameRoleAppointedResigned
Carl Erik SkovgaardBoard member13/09/199504/06/1996
Henrik KristensenBoard member13/09/199529/08/2024
Henrik KristensenDirector13/09/199529/08/2017
Torben UlrichDirector13/09/199529/08/2017
Henrik Steen JensenChair of the board04/06/199626/08/2015
Erik JensenBoard member24/03/199927/05/2005
Lars BentsenBoard member31/03/200115/05/2006
Henrik Christian StrandBoard member27/05/200520/03/2009
Dion Daa PetersenBoard member15/05/200620/03/2009
Winnie RodamDirector08/05/200810/05/2017
Jette Dahl Trans KristensenBoard member20/03/200929/08/2024
Alfred BlankCEO10/05/201702/11/2020
Winnie RodamDirector11/05/201706/06/2018
Henrik KristensenDirector02/11/202001/04/2021
Torben UlrichDirector02/11/202001/04/2021

Signing rule:  Selskabet tegnes af en direktør i forening med 1 bestyrelsesmedlem, af 2 bestyrelsesmedlemmer i forening eller af den samlede bestyrelse. 

Address and production units

1 active production units

Omega 5A
8382 Hinnerup

Favrskov Municipality · Postcode 8382

Production units
Production unitAddressEmployeesP number
Denver A/SOmega 5A, Søften, 8382 Hinnerup391003575589

Purpose

Selskabets formål er at drive virksomhed med handel med elektronikvarer i ind- og udland og hermed beslægtede produkter.

The purpose is quoted from the register in Danish.

Changes year by year

55 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2025 published
  • Industry changed to Wholesale of radio, television, photographic and optical goods (464320)
20246 changesaccounts 1 · management 2 · ownership 3
  • Annual report for 2024 published
  • Jette Dahl Trans Kristensen stepped down as board member
  • Henrik Kristensen stepped down as board member
  • TU HOLDING ApS registered as owner (100%)
  • Trans og Kristensen Holding A/S is no longer registered as owner
  • TU HOLDING ApS is no longer registered as owner
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20215 changesaccounts 1 · name 1 · management 3
  • Annual report for 2021 published
  • Name changed from INTER SALES A/S to Denver A/S
  • Torben Balmer appointed director
  • Torben Ulrich stepped down as director
  • Henrik Kristensen stepped down as director
20203 changesmanagement 3
  • Torben Ulrich appointed director
  • Henrik Kristensen appointed director
  • Alfred Blank stepped down as ceo
20191 changeaddress 1
  • Moved to Omega 5A, Søften, 8382 Hinnerup
20181 changemanagement 1
  • Winnie Rodam stepped down as director
20175 changesmanagement 5
  • Torben Ulrich stepped down as director
  • Henrik Kristensen stepped down as director
  • Winnie Rodam appointed director
  • Alfred Blank appointed ceo
  • Winnie Rodam stepped down as director
20163 changesaddress 1 · ownership 2
  • Moved to Omega 5A, Søften, 8382 Hinnerup
  • Trans og Kristensen Holding A/S registered as owner (50%)
  • HEKJET A/S is no longer registered as owner
20152 changesmanagement 2
  • Jesper Ganzhorn Ørskov appointed chair of the board
  • Henrik Steen Jensen stepped down as chair of the board
20094 changesmanagement 4
  • Camilla Ulrich appointed board member
  • Jette Dahl Trans Kristensen appointed board member
  • Dion Daa Petersen stepped down as board member
  • Henrik Christian Strand stepped down as board member
20081 changemanagement 1
  • Winnie Rodam appointed director
20062 changesmanagement 2
  • Dion Daa Petersen appointed board member
  • Lars Bentsen stepped down as board member
20052 changesmanagement 2
  • Henrik Christian Strand appointed board member
  • Erik Jensen stepped down as board member
20043 changesownership 2 · capital 1
  • HEKJET A/S registered as owner (50%)
  • TU HOLDING ApS registered as owner (50%)
  • Share capital changed from 800,000 DKK to 10,000,000 DKK
20012 changesname 1 · management 1
  • Name changed from INTER SALES SCANDINAVIA A/S to INTER SALES A/S
  • Lars Bentsen appointed board member
19991 changemanagement 1
  • Erik Jensen appointed board member
19963 changesmanagement 3
  • Torben Ulrich appointed board member
  • Henrik Steen Jensen appointed chair of the board
  • Carl Erik Skovgaard stepped down as board member
19956 changescapital 1 · founded 1 · management 4
  • Share capital changed from 600,000 DKK to 800,000 DKK
  • Registered as INTER SALES SCANDINAVIA A/S
  • Henrik Kristensen appointed board member
  • Torben Ulrich appointed director
  • Henrik Kristensen appointed director
  • Carl Erik Skovgaard appointed board member

Related companies

Same industry in Favrskov

See all →

Same people in management

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