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Hitachi Energy Denmark A/S

Public limited companyCVR 39856638BallerupActive

Hitachi Energy Denmark A/S is a public limited company, based in Ballerup, active in wholesale of other machinery and equipment, founded in 2018. Net profit rose 213% from 2025 to 2026, ending at DKK 45.7m. Operations are spread over 3 production units in 3 towns. With 98 employees, the company is about 16 times larger than the industry median.

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Key figures · financial year 2026

RevenueDKK 1.4bn−6.8% vs. 2025
Net profitDKK 45.7m+212.9% vs. 2025
EquityDKK 318.7m+16.7% vs. 2025
Employees98latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit rose 91% (2025 → 2026), to DKK 148.5m.
  • Revenue fell 7% (2025 → 2026), to DKK 1.4bn.
  • Net profit rose 213% (2025 → 2026), to DKK 45.7m.
  • Equity rose 17% (2025 → 2026), to DKK 318.7m.

Employees

  • 20 more employees than a year earlier: 98 (07/2026) against 78 (07/2025).

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 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202120222023202420252026
EquityNet profit
Financial figures for Hitachi Energy Denmark A/S
202120222023202420252026Change
Revenue744,123568,0411,598,0621,526,7451,526,9271,422,435−6.8%
Gross profit34,61143,09467,17494,41477,659148,459+91.2%
Operating profit (EBIT)−79,9965,14323,50040,3798,40450,214+497.5%
Profit before tax−81,8644,71223,87749,02319,76962,027+213.8%
Net profit−63,8613,64118,72038,24014,59045,657+212.9%
Total assets453,758602,1071,016,0031,137,4101,226,9281,266,788+3.2%
Equity88,874117,515136,235258,475273,065318,727+16.7%
Liabilities361,144480,919874,305859,124936,047937,261+0.1%
Cash and cash equivalents27,2876,8660––––
Average number of employees404347566786+28.4%

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140m202120222023202420252026
Gross profitMedian, the industry (1,000 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 Hitachi Energy Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202624/06/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202519/08/2025The companyPDF not statedXBRL
202401/04/2023 – 31/03/202401/07/2024The companyPDFXBRL
202301/04/2022 – 31/03/202303/07/2023The companyPDFXBRL
202201/04/2021 – 31/03/202205/07/2022The companyPDFXBRL
202101/01/2020 – 31/03/202109/07/2021The 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
02040608010008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

1,000 companies in the database

Comparison with the other companies in wholesale of other machinery and equipment based on the latest financial year.

Gross profitDKK 148.5mNo. 15 of 1,000
Better than 99% of the companies in the industry
EquityDKK 318.7mNo. 11 of 1,000
Better than 99% of the companies in the industry
Number of employees98No. 37 of 1,000
Better than 96% of the companies in the industry

Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.

DKK 100kDKK 961kDKK 9.2mDKK 88.8mDKK 401.7mHere
Distribution of gross profit for 957 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. 314of 4,412
Better than 93%
No. 223of 4,466
Better than 95%
Same industry and 50–199 employees62 companies in the comparison
No. 6of 62
Better than 92%
No. 4of 62
Better than 95%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 206of 33,588
Better than 99%
No. 271of 33,687
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 1,082of 17,786
Better than 94%
No. 1,004of 18,024
Better than 94%

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 other machinery and equipment
Gross profit
  1. Hitachi Energy Denmark A/SDKK 148.5m
  2. HydraSpecma A/SDKK 854.1m
  3. Sanovo Technology A/SDKK 779.2m
Net profit
  1. Hitachi Energy Denmark A/SDKK 45.7m
  2. HydraSpecma A/SDKK 142.1m
  3. Sanovo Technology A/SDKK 204.2m
Equity
  1. Hitachi Energy Denmark A/SDKK 318.7m
  2. HydraSpecma A/SDKK 1.2bn
  3. Sanovo Technology A/SDKK 592.3m
Employees
  1. Hitachi Energy Denmark A/S98
  2. HydraSpecma A/S365
  3. Sanovo Technology A/S216

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
  • Hitachi Energy AG100%
Hitachi Energy Denmark A/S

Management

4 active registrations

Executive management

Executive management at Hitachi Energy Denmark A/S
NameRoleAppointed
Claus MadsenCEO30/04/2019

Board of directors

Board of directors at Hitachi Energy Denmark A/S
NameRoleAppointed
Claus MadsenBoard member30/04/2019
Cathrine Bech AagaardBoard member28/02/2023
Camilla Sofia JanssonChair of the board01/02/2024
Founders
KR 332 ApS
Former management (6)
Former management at Hitachi Energy Denmark A/S
NameRoleAppointedResigned
Christina Bruun GeertsenBoard member12/09/201830/04/2019
Bent KemplarDirector12/09/201830/04/2019
Bent KemplarBoard member12/09/201830/04/2019
Jeppe BuskovChair of the board12/09/201830/04/2019
Frank Johan SöderströmChair of the board30/04/201928/02/2023
Carl Peter JanssonBoard member30/04/201901/02/2024

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening.

Address and production units

3 active production units

Borupvang 3
2750 Ballerup

Ballerup Municipality · Postcode 2750

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Hitachi Energy Denmark A/SBorupvang 3, st, 2750 Ballerup991023948164
Hitachi Energy Denmark A/SStensgårdvej 5, 5500 Middelfart271025128210
Hitachi Energy Denmark A/SKanalen 1, 6700 Esbjerg21025128245

Purpose

Selskabets formål er at udvikle, fremstille, markedsføre, sælge og bestille produkter, systemer og projekter inden for elforsyningsautomation og -integration, højspændingsprodukter og transformatorer.

The purpose is quoted from the register in Danish.

Changes year by year

35 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20251 changeaccounts 1
  • Annual report for 2025 published
20244 changesaddress 1 · accounts 1 · management 2
  • Moved to Borupvang 3, st, 2750 Ballerup
  • Annual report for 2024 published
  • Camilla Sofia Jansson appointed chair of the board
  • Carl Peter Jansson stepped down as board member
20233 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • Cathrine Bech Aagaard appointed board member
  • Frank Johan Söderström stepped down as chair of the board
20221 changeaccounts 1
  • Annual report for 2022 published
20214 changescapital 2 · name 1 · accounts 1
  • Share capital changed from 10,000,000 DKK to 10,500,000 DKK
  • Name changed from ABB Power Grids Denmark A/S to Hitachi Energy Denmark A/S
  • Annual report for 2021 published
  • Share capital changed from 1,000,000 DKK to 10,000,000 DKK
201915 changescapital 2 · name 1 · address 1 · industry 1 · management 8 · ownership 2
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
  • Share capital changed from 400,000 DKK to 500,000 DKK
  • Name changed from KR 627 A/S to ABB Power Grids Denmark A/S
  • Moved to Meterbuen 33, 2740 Skovlunde
  • Industry changed to Engroshandel med andre maskiner og andet udstyr (466900)
  • Carl Peter Jansson appointed board member
  • Frank Johan Söderström appointed chair of the board
  • Claus Madsen appointed ceo
  • Claus Madsen appointed board member
  • Bent Kemplar stepped down as board member
  • Jeppe Buskov stepped down as chair of the board
  • Bent Kemplar stepped down as director
  • Christina Bruun Geertsen stepped down as board member
  • Hitachi Energy AG registered as owner (100%)
  • KR 332 ApS is no longer registered as owner
20186 changesfounded 1 · management 4 · ownership 1
  • Registered as KR 627 A/S
  • Bent Kemplar appointed board member
  • Jeppe Buskov appointed chair of the board
  • Bent Kemplar appointed director
  • Christina Bruun Geertsen appointed board member
  • KR 332 ApS registered as owner (100%)

Related companies

Same industry in Ballerup

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