Eltwin A/S

Public limited companyCVR 13992444RisskovActive

Eltwin A/S is a public limited company, based in Risskov, active in manufacture of instruments and appliances for measuring, testing and navigation, founded in 1990. Equity was negative at the end of 2025 (−DKK 2.7m). The company made a loss in both 2024 and 2025, most recently DKK 22.5m. With 118 employees, the company is about 17 times larger than the industry median.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 56.2m+477.4% vs. 2024

Net profit−DKK 22.5m+63.7% vs. 2024

Equity−DKK 2.7m−113.8% vs. 2024

Employees118latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 477% (2024 → 2025), to DKK 56.2m.
The loss got smaller: from DKK 62.1m to DKK 22.5m (2024 → 2025).
Equity turned negative: −DKK 2.7m (2024 → 2025).

Employees

4 fewer employees than a year earlier: 118 (08/2026) against 122 (08/2025).

Registrations, last 24 months

01/01/2025: Industry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)
30/12/2024: Merger registered in CVR

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 Eltwin A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	79,662	91,883	85,191	137,208	9,726	56,161	+477.4%
Operating profit (EBIT)	26,072	28,773	17,985	57,332	−73,455	−22,380	+69.5%
Profit before tax	27,926	31,829	18,790	55,895	−79,603	−28,846	+63.8%
Net profit	23,683	25,522	14,932	43,958	−62,099	−22,519	+63.7%
Total assets	144,220	165,386	226,962	275,347	316,656	282,457	−10.8%
Equity	77,993	86,470	83,294	117,683	19,787	−2,732	−113.8%
Liabilities	61,918	74,225	139,579	152,600	291,809	277,707	−4.8%
Cash and cash equivalents	4	85	25	73	1	19	+1,420.1%
Average number of employees	92	96	103	116	114	106	−7%

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

Compare with the industry (140 companies)

Gross profitMedian, the industry (140 companies)

Signals from the financial statements

calculated from the 2025 figures

Negative equity
Equity was −DKK 2.7m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more 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 Eltwin A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	25/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	01/07/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	01/07/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	26/06/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	09/06/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	12/05/2021	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

140 companies in the database

Comparison with the other companies in manufacture of instruments and appliances for measuring, testing and navigation based on the latest financial year.

Gross profitDKK 56.2mNo. 25 of 140

Better than 83% of the companies in the industry

Equity−DKK 2.7mNo. 133 of 140

Better than 5% of the companies in the industry

Number of employees118No. 15 of 140

Better than 90% of the companies in the industry

Industry median: gross profit DKK 5.6m, net profit DKK 614k, equity DKK 4.2m, 7 employees.

Distribution of gross profit for 132 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 50–199 employees4,467 companies in the comparison	No. 1,561of 4,412 Better than 65%	No. 4,336of 4,466 Better than 3%
Same industry and 50–199 employees20 companies in the comparison	No. 13of 20 Better than 37%	No. 20of 20 Better than 0%
Companies that are at least 30 years old10,276 companies in the comparison	No. 1,360of 10,152 Better than 87%	No. 10,138of 10,275 Better than 1%
All companies of type A/S18,025 companies in the comparison	No. 2,627of 17,786 Better than 85%	No. 17,569of 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 instruments and appliances for measuring, testing and navigation

Gross profit

Eltwin A/SDKK 56.2m
Radiometer Medical ApSDKK 2.5bn
Kamstrup A/SDKK 1.5bn

Net profit

Eltwin A/S−DKK 22.5m
Radiometer Medical ApSDKK 851m
Kamstrup A/SDKK 503.3m

Equity

Eltwin A/S−DKK 2.7m
Radiometer Medical ApSDKK 4.3bn
Kamstrup A/SDKK 1.6bn

Employees

Eltwin A/S118
Radiometer Medical ApS1,292
Kamstrup A/S1,226

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

NIBE Industrier AB100%

Eltwin A/S

Management

6 active registrations

Executive management

Executive management at Eltwin A/S
Name	Role	Appointed
Jørn Kristensen-Huss	CEO	22/03/2023

Board of directors

Board of directors at Eltwin A/S
Name	Role	Appointed
Jørn Kristensen-Huss	Board member	15/03/1990
Kim Sørensen	Board member	05/11/2010
Michael Hofman Laursen	Board member	15/03/2013
Christer Fredriksson	Chair of the board	15/03/2013
Lars Mattias Nilsson	Board member	17/05/2022

Auditor: KPMG P/S
Founders: Poul Arne Kristensen, Jørn Kristensen-Huss, Grethe Kristensen, Åkrogs A/S

Former management (9)

Former management at Eltwin A/S
Name	Role	Appointed	Resigned
Poul Arne Kristensen	Board member	15/03/1990	05/11/2010
Poul Arne Kristensen	Director	15/03/1990	30/06/1997
Grethe Kristensen	Board member	15/03/1990	05/11/2010
Flemming Vestergaard Jensen	Director	01/07/1997	01/01/2008
Jørn Kristensen-Huss	Director	01/01/2008	31/12/2022
Morten Enggaard Hansen	Board member	15/03/2013	23/06/2023
Yoon Tomas Eriksson	Board member	15/03/2013	17/05/2022
Peter Jocic	Board member	15/03/2013	31/12/2020
Jens Ebbesen	CEO	01/01/2023	22/03/2023

Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med selskabets administrerende direktør, eller af bestyrelsesformanden i forening med 2 bestyrelsesmedlemmer eller af den samlede bestyrelse.

Address and production units

2 active production units

Torsøvej 1B
8240 Risskov

Aarhus Municipality · Postcode 8240

Production units
Production unit	Address	Industry	Employees	P number
ELTWIN A/S	Torsøvej 1B, 8240 Risskov	Manufacture of instruments and appliances for measuring, testing and navigation	118	1000661986
Eltwin A/S - Udvikling	Torsøvej 4, 8240 Risskov	Manufacture of instruments and appliances for measuring, testing and navigation	–	1021406720

Purpose

Selskabets formål er at drive fabrikation- og handelsvirksomhed samt at foretage udlejning

The purpose is quoted from the register in Danish.

Changes year by year

38 registered events

02015

02016

02017

02018

02019

12020

22021

42022

52023

22024

22025

12026

20261 changeaccounts 1

25/06AccountsAnnual report for 2025 published

20252 changesaccounts 1 · industry 1

01/07AccountsAnnual report for 2024 published
01/01IndustryIndustry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)

20242 changesmerger 1 · accounts 1

30/12MergerMerger registered in CVR
01/07AccountsAnnual report for 2023 published

20235 changesaccounts 1 · management 4

26/06AccountsAnnual report for 2022 published
23/06ManagementMorten Enggaard Hansen stepped down as board member
22/03ManagementJørn Kristensen-Huss appointed ceo
22/03ManagementJens Ebbesen stepped down as ceo
01/01ManagementJens Ebbesen appointed ceo

20224 changesmanagement 3 · accounts 1

31/12ManagementJørn Kristensen-Huss stepped down as director
09/06AccountsAnnual report for 2021 published
17/05ManagementLars Mattias Nilsson appointed board member
17/05ManagementYoon Tomas Eriksson stepped down as board member

20212 changesaddress 1 · accounts 1

01/12AddressMoved to Torsøvej 1B, 8240 Risskov
12/05AccountsAnnual report for 2020 published

20201 changemanagement 1

31/12ManagementPeter Jocic stepped down as board member

20136 changesmanagement 5 · ownership 1

15/03ManagementPeter Jocic appointed board member
15/03ManagementMorten Enggaard Hansen appointed board member
15/03ManagementYoon Tomas Eriksson appointed board member
15/03ManagementMichael Hofman Laursen appointed board member
15/03ManagementChrister Fredriksson appointed chair of the board
15/03OwnershipNIBE Industrier AB registered as owner (100%)

20103 changesmanagement 3

05/11ManagementKim Sørensen appointed board member
05/11ManagementGrethe Kristensen stepped down as board member
05/11ManagementPoul Arne Kristensen stepped down as board member

20084 changesname 1 · industry 1 · management 2

25/11NameName changed from ELTWIN INDUSTRI ELECTRONIC A/S to ELTWIN A/S
01/01IndustryIndustry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)
01/01ManagementJørn Kristensen-Huss appointed director
01/01ManagementFlemming Vestergaard Jensen stepped down as director

19973 changesmanagement 2 · capital 1

01/07ManagementFlemming Vestergaard Jensen appointed director
30/06ManagementPoul Arne Kristensen stepped down as director
22/01CapitalShare capital changed from 300,000 DKK to 500,000 DKK

19905 changesfounded 1 · management 4

15/03FoundedRegistered as ELTWIN INDUSTRI ELECTRONIC A/S
15/03ManagementJørn Kristensen-Huss appointed board member
15/03ManagementGrethe Kristensen appointed board member
15/03ManagementPoul Arne Kristensen appointed director
15/03ManagementPoul Arne Kristensen appointed board member

Related companies

Same industry in Aarhus

Terma A/S1,444 employees
Baumer A/S80 employees
Trelleborg Marine Systems Denmark A/S38 employees
SulfiLogger A/S36 employees
HB Products A/S32 employees
Unisense A/S27 employees

See all →

Same people in management

Spx Flow Technology Danmark A/Svia Jens Ebbesen
Priess A/Svia Jens Ebbesen
Hans Følsgaard A/Svia Michael Hofman Laursen
SP Gibo A/Svia Jan Esholm Jensen
Varo Specialmaskiner A/Svia Jan Esholm Jensen
Jevi A/Svia Michael Hofman Laursen

Largest in the industry

Radiometer Medical ApSDKK 2.5bn
Kamstrup A/SDKK 1.5bn
Trackman A/SDKK 1.4bn
Terma A/SDKK 864.2m
Weibel Scientific A/SDKK 571m
Deif A/SDKK 471.5m

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