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Scandinavian Avionics A/S

Public limited companyCVR 27661440BillundActive

Scandinavian Avionics A/S is a public limited company, based in Billund, active in wholesale of information and communication equipment, founded in 2004. Net profit rose 115% from 2024 to 2025, ending at DKK 10.6m. Profit has grown three years in a row. With 44 employees, the company is about 9 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 38.2m+26.9% vs. 2024
Net profitDKK 10.6m+115.4% vs. 2024
EquityDKK 33.5m+9.4% vs. 2024
Employees44latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 27% (2024 → 2025), to DKK 38.2m.
  • Net profit rose 115% (2024 → 2025), to DKK 10.6m.
  • Equity rose 9% (2024 → 2025), to DKK 33.5m.

Employees

  • 4 more employees than a year earlier: 44 (08/2026) against 40 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of information and communication equipment (465000)

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 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35m202020212022202320242025
EquityNet profit
Financial figures for Scandinavian Avionics A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit26,21020,52221,34525,02130,13938,238+26.9%
Operating profit (EBIT)2,606−98−7113,6077,93514,934+88.2%
Profit before tax−692−1,9221568206,31513,238+109.6%
Net profit−649−1,3561706144,91710,591+115.4%
Total assets68,36168,16274,88275,48291,16285,889−5.8%
Equity25,21325,13125,18425,75530,64433,535+9.4%
Liabilities41,75741,85448,47148,34057,87149,154−15.1%
Cash and cash equivalents1,7931,7535853925,3792,360−56.1%
Average number of employees393743444847−2.1%

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

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35mDKK 40m202020212022202320242025
Gross profitMedian, the industry (543 companies)

Annual reports

6 financial years
Annual reports for Scandinavian Avionics A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202516/02/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202419/12/2024The companyPDFXBRL
202301/10/2022 – 30/09/202323/02/2024The companyPDFXBRL
202201/10/2021 – 30/09/202214/03/2023The companyPDFXBRL
202101/10/2020 – 30/09/202111/03/2022The companyPDFXBRL
202001/10/2019 – 30/09/202015/03/2021The 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
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

543 companies in the database

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

Gross profitDKK 38.2mNo. 69 of 542
Better than 87% of the companies in the industry
EquityDKK 33.5mNo. 78 of 543
Better than 86% of the companies in the industry
Number of employees44No. 61 of 543
Better than 89% of the companies in the industry

Industry median: gross profit DKK 5.3m, net profit DKK 594k, equity DKK 3.9m, 5 employees.

DKK 100kDKK 1mDKK 10.9mDKK 114.3mDKK 546.2mHere
Distribution of gross profit for 522 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. 802of 9,892
Better than 92%
No. 1,075of 9,922
Better than 89%
Same industry and 20–49 employees58 companies in the comparison
No. 15of 58
Better than 75%
No. 13of 58
Better than 79%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,871of 24,791
Better than 92%
No. 3,133of 24,909
Better than 87%
All companies of type A/S18,025 companies in the comparison
No. 3,650of 17,786
Better than 79%
No. 4,609of 18,024
Better than 74%

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 information and communication equipment
Gross profit
  1. Scandinavian Avionics A/SDKK 38.2m
  2. Atea A/SDKK 1.2bn
  3. Siemens AktieselskabDKK 448.5m
Net profit
  1. Scandinavian Avionics A/SDKK 10.6m
  2. Atea A/SDKK 2.2m
  3. Siemens AktieselskabDKK 93.5m
Equity
  1. Scandinavian Avionics A/SDKK 33.5m
  2. Atea A/SDKK 694.3m
  3. Siemens AktieselskabDKK 279.7m
Employees
  1. Scandinavian Avionics A/S44
  2. Atea A/S1,550
  3. Siemens Aktieselskab640

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
  • The Sa Group ApS100%
Scandinavian Avionics A/S

Management

4 active registrations

Executive management

Executive management at Scandinavian Avionics A/S
NameRoleAppointed
Michael Raundal TruelsenCEO01/10/2011

Board of directors

Board of directors at Scandinavian Avionics A/S
NameRoleAppointed
Michael Raundal TruelsenBoard member24/03/2004
Hardy Bruno TruelsenChair of the board09/03/2022
Carina Raundal TruelsenBoard member09/03/2022
Founders
The Sa Group ApS
Former management (6)
Former management at Scandinavian Avionics A/S
NameRoleAppointedResigned
Hardy Bruno TruelsenBoard member24/03/200408/03/2022
Hardy Bruno TruelsenDirector24/03/200401/10/2011
Bodil Raundal MadsenChair of the board24/03/200410/08/2004
Gert KristiansenChair of the board10/08/200412/03/2021
Kim Rune BrarupBoard member18/06/201320/04/2015
Preben Møller NielsenChair of the board12/03/202109/03/2022

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

Address and production units

2 active production units

Stratusvej 9
7190 Billund

Billund Municipality · Postcode 7190

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
SCANDINAVIAN AVIONICS A/SStratusvej 9, 7190 Billund441002680664
Scandinavian Avionics A/S ProductionCargo Centervej 58, 7190 Billund–1030710297

Purpose

Selskabets formål er at drive virksomhed med import, export, handel, fabrikation, reparation, service, finansiering og enhver i forbindelse hermed stående virksomhed, fortrinsvis indenfor flybranchen.

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeindustry 1
  • Industry changed to Wholesale of information and communication equipment (465000)
20242 changesaccounts 2
  • Annual report for 2024 published
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20225 changesaccounts 1 · management 4
  • Annual report for 2021 published
  • Hardy Bruno Truelsen appointed chair of the board
  • Carina Raundal Truelsen appointed board member
  • Preben Møller Nielsen stepped down as chair of the board
  • Hardy Bruno Truelsen stepped down as board member
20213 changesaccounts 1 · management 2
  • Annual report for 2020 published
  • Preben Møller Nielsen appointed chair of the board
  • Gert Kristiansen stepped down as chair of the board
20162 changesaddress 1 · ownership 1
  • Moved to Stratusvej 9, 7190 Billund
  • Jens Jørgen Andersen is no longer registered as owner
20153 changesownership 2 · management 1
  • Jens Jørgen Andersen registered as owner (0%)
  • THE SA GROUP ApS registered as owner (100%)
  • Kim Rune Brarup stepped down as board member
20131 changemanagement 1
  • Kim Rune Brarup appointed board member
20112 changesmanagement 2
  • Michael Raundal Truelsen appointed ceo
  • Hardy Bruno Truelsen stepped down as director
20081 changeindustry 1
  • Industry changed to Engroshandel med elektronisk udstyr (465210)
20071 changeaddress 1
  • Moved to Stratusvej 9, 7190 Billund
20047 changesmanagement 6 · founded 1
  • Gert Kristiansen appointed chair of the board
  • Bodil Raundal Madsen stepped down as chair of the board
  • Registered as SCANDINAVIAN AVIONICS A/S
  • Hardy Bruno Truelsen appointed director
  • Michael Raundal Truelsen appointed board member
  • Hardy Bruno Truelsen appointed board member
  • Bodil Raundal Madsen appointed chair of the board

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Same people in management

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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.

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