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Lithium Balance A/S

Public limited companyCVR 44277484HerlevActive

Lithium Balance A/S is a public limited company, based in Herlev, active in manufacture of other electrical equipment, founded in 2023. Equity was negative at the end of 2025 (−DKK 7,568). The company made a loss in both 2024 and 2025, most recently DKK 15,775. With 18 employees, the company is about 3 times larger than the industry median.

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Key figures · financial year 2025

Gross profit−DKK 15,001+60.8% vs. 2024
Net profit−DKK 15,775+50.4% vs. 2024
Equity−DKK 7,568−192.2% vs. 2024
Employees18latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 31,793 to DKK 15,775 (2024 → 2025).
  • Equity turned negative: −DKK 7,568 (2024 → 2025).

Management and owners, last 24 months

  • New in management: Stephen Christopher Millen (director, 04/07/2025), Stephen Christopher Millen (board member, 04/07/2025) and Zhe Zong (board member, 04/07/2025) (+4).
  • Stepped down: Louis Billesø Danielsen (director, 04/07/2025) and Louis Billesø Danielsen (chair of the board, 30/11/2025).
  • New owners registered: WS Technicals A/S (04/07/2025), SM & KCK Holding ApS (04/07/2025) and Haidi Power Technology Limited, (04/07/2025) (+1).
  • No longer registered as owner: WS Technicals A/S (03/07/2025).

Registrations, last 24 months

  • 15/10/2025: Industry changed to Manufacture of other electrical equipment (279000)
  • 21/08/2025: Share capital changed from 250,000 DKK to 400,000 DKK
  • 21/08/2025: Name changed from Lithium Balance ApS to Lithium Balance A/S
  • 08/08/2025: Moved to Lyskær 3B, 2730 Herlev
  • 06/08/2025: Name changed from HAIDI Europe ApS to Lithium Balance ApS
  • 04/07/2025: Share capital changed from 40,000 DKK to 250,000 DKK

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 2024–2025 · amounts in DKK thousand

Equity and net profit

−DKK 40,000−DKK 30,000−DKK 20,000−DKK 10,000DKK 0DKK 10,00020242025
EquityNet profit
Financial figures for Lithium Balance A/S
20242025Change
Revenuenot statednot stated–
Gross profit−38−15+60.8%
Operating profit (EBIT)−38−15+60.8%
Profit before tax−39−16+59.9%
Net profit−32−16+50.4%
Total assets4724−47.9%
Equity8−8−192.2%
Liabilities3932−17.3%
Cash and cash equivalents3924−37.9%
Average number of employees10−100%

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 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 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m20242025
Gross profitMedian, the industry (86 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 7,568 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

2 financial years
Annual reports for Lithium Balance A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202513/06/2026The companyPDF not statedXBRL
202404/09/2023 – 30/06/202416/12/2024The 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
0246810121416182009/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profit−DKK 15,001No. 76 of 86
Better than 12% of the companies in the industry
Equity−DKK 7,568No. 72 of 86
Better than 16% of the companies in the industry
Number of employees18No. 83 of 86
Better than 4% 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 273.5m
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 fewer than 20 employees69,967 companies in the comparison
No. 63,828of 69,742
Better than 8%
No. 60,235of 69,964
Better than 14%
Same industry and fewer than 20 employees61 companies in the comparison
No. 51of 61
Better than 17%
No. 47of 61
Better than 23%
Companies that are founded within the last five years16,662 companies in the comparison
No. 15,275of 16,614
Better than 8%
No. 13,015of 16,661
Better than 22%
All companies of type A/S18,025 companies in the comparison
No. 16,638of 17,786
Better than 6%
No. 17,145of 18,024
Better than 5%

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. Lithium Balance A/S−DKK 15,001
  2. Danfoss Power Electronics A/SDKK 554m
  3. Migatronic A/SDKK 312.9m
Net profit
  1. Lithium Balance A/S−DKK 15,775
  2. Danfoss Power Electronics A/SDKK 179.2m
  3. Migatronic A/S−DKK 26.5m
Equity
  1. Lithium Balance A/S−DKK 7,568
  2. Danfoss Power Electronics A/SDKK 607.4m
  3. Migatronic A/SDKK 69.9m
Employees
  1. Lithium Balance A/S18
  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
  • WS Technicals A/S20%
  • SM & KCK Holding ApS20%
  • Haidi Power Technology Limited,25%
  • M.A. Tweehuysen Holding B.V.25%
Lithium Balance A/S

Management

6 active registrations

Executive management

Executive management at Lithium Balance A/S
NameRoleAppointed
Stephen Christopher MillenDirector04/07/2025

Board of directors

Board of directors at Lithium Balance A/S
NameRoleAppointed
Stephen Christopher MillenBoard member04/07/2025
Zhe ZongBoard member04/07/2025
Mattijs Adriaan TweehuysenBoard member04/07/2025
Louis Billesø DanielsenBoard member01/12/2025
Nicholas MoeldersChair of the board01/12/2025
Founders
WS Technicals A/S
Former management (2)
Former management at Lithium Balance A/S
NameRoleAppointedResigned
Louis Billesø DanielsenDirector04/09/202304/07/2025
Louis Billesø DanielsenChair of the board04/07/202530/11/2025

Signing rule: Selskabet tegnes af selskabets direktør.

Address and production units

1 active production units

Lyskær 3B
2730 Herlev

Herlev Municipality · Postcode 2730

Production units
Production unitAddressEmployeesP number
Lithium Balance A/SLyskær 3B, 2730 Herlev211029604998

Purpose

Selskabets formål er handel med samt fremstilling og produktion af BMS systemer samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

27 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202521 changesmanagement 9 · industry 2 · name 2 · capital 2 · address 1 · ownership 5
  • Nicholas Moelders appointed chair of the board
  • Louis Billesø Danielsen appointed board member
  • Louis Billesø Danielsen stepped down as chair of the board
  • Industry changed to Manufacture of other electrical equipment (279000)
  • Name changed from Lithium Balance ApS to Lithium Balance A/S
  • Share capital changed from 250,000 DKK to 400,000 DKK
  • Moved to Lyskær 3B, 2730 Herlev
  • Name changed from HAIDI Europe ApS to Lithium Balance ApS
  • Share capital changed from 40,000 DKK to 250,000 DKK
  • Stephen Christopher Millen appointed director
  • Stephen Christopher Millen appointed board member
  • Mattijs Adriaan Tweehuysen appointed board member
  • Zhe Zong appointed board member
  • Louis Billesø Danielsen appointed chair of the board
  • Louis Billesø Danielsen stepped down as director
  • WS Technicals A/S registered as owner (20%)
  • SM & KCK Holding ApS registered as owner (20%)
  • HAIDI POWER TECHNOLOGY LIMITED, registered as owner (25%)
  • M.A. Tweehuysen Holding B.V. registered as owner (25%)
  • WS Technicals A/S is no longer registered as owner
  • Industry changed to Wholesale of electrical household appliances (464310)
20241 changeaccounts 1
  • Annual report for 2024 published
20234 changesaddress 1 · founded 1 · management 1 · ownership 1
  • Moved to Gjellerupvej 89D, 8230 Åbyhøj
  • Registered as HAIDI Europe ApS
  • Louis Billesø Danielsen appointed director
  • WS Technicals A/S registered as owner (100%)

Related companies

Same industry in Herlev

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

View in CVRReport a correction