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Fueltech A/S

Public limited companyCVR 39967413HedenstedActive

Fueltech A/S is a public limited company, based in Hedensted, active in manufacture of other taps and valves, founded in 2018. Net profit rose 108% from 2024 to 2025, ending at DKK 63m. Measured by gross profit, it ranks no. 5 of 19 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

RevenueDKK 414m+38.8% vs. 2024
Net profitDKK 63m+107.8% vs. 2024
EquityDKK 127.3m+35.3% vs. 2024
Employees174latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 69% (2024 → 2025), to DKK 190.4m.
  • Revenue rose 39% (2024 → 2025), to DKK 414m.
  • Net profit rose 108% (2024 → 2025), to DKK 63m.
  • Equity rose 35% (2024 → 2025), to DKK 127.3m.

Employees

  • 33 more employees than a year earlier: 174 (07/2026) against 141 (07/2025).

Management and owners, last 24 months

  • New in management: Jesper Teddy Lok (chair of the board, 16/03/2026), Anders Egehus (deputy chair, 16/03/2026) and Ibrahim Hassan Mustafa Hassan (board member, 30/09/2026) (+1).
  • Stepped down: Lars Jensen (board member, 16/03/2026), Jeppe Kiilerich Østerlund (board member, 30/04/2026) and Thomas Synnestvedt Knudsen (chair of the board, 16/03/2026) (+4).
  • New owners registered: Gertsen & Olufsen A/S (16/03/2026).
  • No longer registered as owner: ELTRONIC Group A/S (16/03/2026).

Registrations, last 24 months

  • 25/03/2026: Moved to Kilde Alle 2, 8722 Hedensted
  • 16/03/2026: Name changed from ELTRONIC FUELTECH A/S to FUELTECH A/S

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 100mDKK 120m202020212022202320242025
EquityNet profit
Financial figures for Fueltech A/S
202020212022202320242025Change
Revenue68,322124,920238,667240,851298,237413,961+38.8%
Gross profit21,44158,50497,15892,393112,797190,371+68.8%
Operating profit (EBIT)8,01029,03458,05033,28939,09582,363+110.7%
Profit before tax7,94928,64656,44330,72038,86480,528+107.2%
Net profit6,19922,99744,20523,58430,31362,978+107.8%
Total assets43,38171,515124,572122,514170,263237,978+39.8%
Equity12,95429,13258,34863,62494,057127,251+35.3%
Liabilities28,92739,38261,10351,86770,139103,792+48%
Cash and cash equivalents3,8837444,487851,1637,212+520.4%
Average number of employees334570–103159+54.4%

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.

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180mDKK 200m202020212022202320242025
Gross profitMedian, the industry (20 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 Fueltech A/S
Financial yearPeriodPublishedFigures forDocuments
202501/11/2024 – 31/10/202519/01/2026The groupPDF not statedXBRL
202401/11/2023 – 31/10/202427/01/2025The companyPDFXBRL
202301/11/2022 – 31/10/202324/01/2024The companyPDFXBRL
202201/11/2021 – 31/10/202211/01/2023The companyPDFXBRL
202101/11/2020 – 31/10/202111/01/2022The companyPDFXBRL
202001/11/2019 – 31/10/202022/12/2020The 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
02040608010012014016018008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

20 companies in the database

Comparison with the other companies in manufacture of other taps and valves based on the latest financial year.

Gross profitDKK 190.4mNo. 5 of 19
Better than 78% of the companies in the industry
EquityDKK 127.3mNo. 9 of 20
Better than 58% of the companies in the industry
Number of employees174No. 5 of 20
Better than 79% of the companies in the industry

Industry median: gross profit DKK 29.1m, net profit DKK 4.5m, equity DKK 56.1m, 29 employees.

DKK 2.8mDKK 16.5mDKK 95.7mDKK 555.9mDKK 1.8bnHere
Distribution of gross profit for 18 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 50–199 employees4,467 companies in the comparison
No. 201of 4,412
Better than 95%
No. 536of 4,466
Better than 88%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 166of 33,588
Better than 100%
No. 570of 33,687
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 832of 17,786
Better than 95%
No. 1,937of 18,024
Better than 89%

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 taps and valves
Gross profit
  1. Fueltech A/SDKK 190.4m
  2. Danfoss A/SDKK 3.2bn
  3. Alfa Laval Kolding A/SDKK 975.7m
Net profit
  1. Fueltech A/SDKK 63m
  2. Danfoss A/SDKK 446m
  3. Alfa Laval Kolding A/SDKK 324.2m
Equity
  1. Fueltech A/SDKK 127.3m
  2. Danfoss A/SDKK 5.6bn
  3. Alfa Laval Kolding A/SDKK 1.1bn
Employees
  1. Fueltech A/S174
  2. Danfoss A/S2,407
  3. Alfa Laval Kolding A/S939

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
Fueltech A/S

Management

4 active registrations

Executive management

Executive management at Fueltech A/S
NameRoleAppointed
Mari-Louise Kahr AndreasenCEO23/10/2018

Board of directors

Board of directors at Fueltech A/S
NameRoleAppointed
Jesper Teddy LokChair of the board16/03/2026
Anders EgehusDeputy chair16/03/2026
Ibrahim Hassan Mustafa HassanBoard member30/09/2026
Founders
ELTRONIC Group A/S
Former management (12)
Former management at Fueltech A/S
NameRoleAppointedResigned
Lars JensenBoard member23/10/201816/03/2026
Christian Møller ChristensenChair of the board23/10/201814/11/2019
Lasse FjeldgaardBoard member23/10/201804/01/2019
Knud Lindberg SantBoard member04/01/201914/11/2019
Jens Jørgen MadsenBoard member04/01/201914/11/2019
Jeppe Kiilerich ØsterlundBoard member08/02/201930/04/2026
Per Nykjær JensenBoard member14/11/201906/01/2023
Thomas Synnestvedt KnudsenChair of the board14/11/201916/03/2026
Carl Sinnerup JensenBoard member06/01/202316/03/2026
Kasper Gothard BeckBoard member06/01/202330/04/2026
Britt Charlotte Brogaard RøjgaardBoard member06/01/202316/03/2026
Thomas Kastrup SørensenBoard member16/03/202630/09/2026

Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsesnæstformanden, af bestyrelsesformanden i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Kilde Alle 2
8722 Hedensted

Hedensted Municipality · Postcode 8722

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
FUELTECH A/SKilde Alle 2, 8722 Hedensted1741024071207

Purpose

Selskabets formål er at drive handel og udvikling af systemer til navnlig marineindustrien og beslægtede industrier samt artikler i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

47 registered events
202616 changesmanagement 11 · address 1 · name 1 · ownership 2 · accounts 1
  • Ibrahim Hassan Mustafa Hassan appointed board member
  • Thomas Kastrup Sørensen stepped down as board member
  • Kasper Gothard Beck stepped down as board member
  • Jeppe Kiilerich Østerlund stepped down as board member
  • Moved to Kilde Alle 2, 8722 Hedensted
  • Name changed from ELTRONIC FUELTECH A/S to FUELTECH A/S
  • Thomas Kastrup Sørensen appointed board member
  • Anders Egehus appointed deputy chair
  • Jesper Teddy Lok appointed chair of the board
  • Carl Sinnerup Jensen stepped down as board member
  • Britt Charlotte Brogaard Røjgaard stepped down as board member
  • Thomas Synnestvedt Knudsen stepped down as chair of the board
  • Lars Jensen stepped down as board member
  • GERTSEN & OLUFSEN A/S registered as owner (100%)
  • ELTRONIC Group A/S is no longer registered as owner
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20239 changescapital 1 · ownership 2 · accounts 1 · management 4 · industry 1
  • Share capital changed from 550,000 DKK to 568,334 DKK
  • ELTRONIC Group A/S registered as owner (90%)
  • ELTRONIC Group A/S is no longer registered as owner
  • Annual report for 2022 published
  • Carl Sinnerup Jensen appointed board member
  • Kasper Gothard Beck appointed board member
  • Britt Charlotte Brogaard Røjgaard appointed board member
  • Per Nykjær Jensen stepped down as board member
  • Industry changed to Manufacture of other taps and valves (281400)
20223 changesindustry 1 · address 1 · accounts 1
  • Industry changed to Manufacture of other special-purpose machinery n.e.c. (289900)
  • Moved to Kilde Alle 4, 8722 Hedensted
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20199 changesmanagement 9
  • Thomas Synnestvedt Knudsen appointed chair of the board
  • Per Nykjær Jensen appointed board member
  • Knud Lindberg Sant stepped down as board member
  • Jens Jørgen Madsen stepped down as board member
  • Christian Møller Christensen stepped down as chair of the board
  • Jeppe Kiilerich Østerlund appointed board member
  • Knud Lindberg Sant appointed board member
  • Jens Jørgen Madsen appointed board member
  • Lasse Fjeldgaard stepped down as board member
20187 changescapital 1 · founded 1 · management 4 · ownership 1
  • Share capital changed from 500,000 DKK to 550,000 DKK
  • Registered as ELTRONIC FUELTECH A/S
  • Lars Jensen appointed board member
  • Mari-Louise Kahr Andreasen appointed ceo
  • Christian Møller Christensen appointed chair of the board
  • Lasse Fjeldgaard appointed board member
  • ELTRONIC Group A/S registered as owner (100%)

Related companies

Same people in management

Largest in the industry

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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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