Swarco Technology ApS

Private limited companyCVR 19943305Odense SØActive

Swarco Technology ApS is a private limited company, based in Odense SØ, active in manufacture of other electrical equipment, founded in 1997. Net profit rose 43% from 2024 to 2025, ending at DKK 12.8m. With 31 employees, the company is about 6 times larger than the industry median. Equity grew to DKK 46.7m in 2025.

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Key figures · financial year 2025

Gross profitDKK 39.7m+24.3% vs. 2024
Net profitDKK 12.8m+43.4% vs. 2024
EquityDKK 46.7m+17.1% vs. 2024
Employees31latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 24% (2024 → 2025), to DKK 39.7m.
  • Net profit rose 43% (2024 → 2025), to DKK 12.8m.
  • Equity rose 17% (2024 → 2025), to DKK 46.7m.

Employees

  • 2 fewer employees than a year earlier: 31 (08/2026) against 33 (08/2025).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Swarco Technology ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit29,20128,70725,57538,14031,97939,745+24.3%
Operating profit (EBIT)14,26113,44810,435––––
Profit before tax14,17613,35610,42321,54611,49616,454+43.1%
Net profit11,05410,4148,11416,7888,94012,819+43.4%
Total assets39,35438,01037,43170,73754,06860,564+12%
Equity31,61332,02830,14236,93039,87046,689+17.1%
Liabilities7,7405,9837,289–12,66111,819−6.7%
Cash and cash equivalents8,1482,28418,9028,0033,2376,389+97.4%
Average number of employees242423242530+20%

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 (86 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 Swarco Technology ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202428/04/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202324/04/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202228/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202121/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202026/04/2021The 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
0510152025303509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

86 companies in the database

Comparison with the other companies in manufacture of other electrical equipment based on the latest financial year.

Gross profitDKK 39.7mNo. 15 of 86
Better than 84% of the companies in the industry
EquityDKK 46.7mNo. 11 of 86
Better than 88% of the companies in the industry
Number of employees31No. 17 of 86
Better than 81% 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 273.5mHere
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 20–49 employees9,922 companies in the comparison
No. 739of 9,892
Better than 93%
No. 755of 9,922
Better than 92%
Same industry and 20–49 employees10 companies in the comparison
No. 3of 10
Better than 78%
No. 3of 10
Better than 78%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,797of 24,791
Better than 93%
No. 2,452of 24,909
Better than 90%
All companies of type ApS66,508 companies in the comparison
No. 985of 66,379
Better than 99%
No. 2,219of 66,505
Better than 97%

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. Swarco Technology ApSDKK 39.7m
  2. Danfoss Power Electronics A/SDKK 554m
  3. Migatronic A/SDKK 312.9m
Net profit
  1. Swarco Technology ApSDKK 12.8m
  2. Danfoss Power Electronics A/SDKK 179.2m
  3. Migatronic A/S−DKK 26.5m
Equity
  1. Swarco Technology ApSDKK 46.7m
  2. Danfoss Power Electronics A/SDKK 607.4m
  3. Migatronic A/SDKK 69.9m
Employees
  1. Swarco Technology ApS31
  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
  • Swarco Ag100%
Swarco Technology ApS

Management

4 active registrations

Executive management

Executive management at Swarco Technology ApS
NameRoleAppointed
Morten Søndergård HansenCEO25/08/2010
Anders Desmareth PalmDirector01/10/2024

Board of directors

Board of directors at Swarco Technology ApS
NameRoleAppointed
Jeremy Peter CowlingBoard member27/11/2019
Christoph StögererChair of the board01/04/2022
Auditor
KPMG P/S
Founders
Preben Bang Henriksen. Aalborg ApS
Former management (17)
Former management at Swarco Technology ApS
NameRoleAppointedResigned
Preben Bang HenriksenDirector01/02/199718/08/1997
Dennis Raabjerg PoulsenBoard member18/08/199720/10/2004
Dennis Raabjerg PoulsenDirector18/08/199720/10/2004
Henrik Raaen ThomsenBoard member18/08/199720/10/2004
Henrik Raaen ThomsenDirector18/08/199720/10/2004
Lars LindbergBoard member18/08/199721/11/2003
Regnart Sigurd HansenBoard member17/11/199920/10/2004
Regnart Sigurd HansenDirector17/11/199920/10/2004
Morten Søndergård HansenBoard member21/11/200320/10/2004
Morten AnderssonBoard member20/10/200410/07/2007
John Lawrence ChipperfieldChair of the board20/10/200412/12/2012
Friedrich Peter HofstadlerBoard member01/10/200725/08/2010
Morten AnderssonDirector25/08/201017/06/2011
Daniel MeierBoard member25/08/201010/09/2015
Michael SchuchChair of the board12/12/201206/04/2018
Hans Petter ØdegaardBoard member10/09/201527/11/2019
Christoph BergdoltChair of the board06/04/201801/04/2022

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af en direktør

Address and production units

1 active production units

C.F. Tietgens Boulevard 25
5220 Odense SØ

Odense Municipality · Postcode 5220

Production units
Production unitAddressEmployeesP number
SWARCO TECHNOLOGY ApSC.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ311004200927

Purpose

Selskabets formål er at udvikle, servicere og vedligeholde trafiksignalsystemer og hermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

73 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20242 changesmanagement 1 · accounts 1
  • Anders Desmareth Palm appointed director
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20224 changesaddress 1 · accounts 1 · management 2
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
  • Annual report for 2021 published
  • Christoph Stögerer appointed chair of the board
  • Christoph Bergdolt stepped down as chair of the board
20216 changesaddress 5 · accounts 1
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
  • Annual report for 2020 published
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
20203 changesaddress 3
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
20193 changesmanagement 2 · address 1
  • Jeremy Peter Cowling appointed board member
  • HANS PETTER ØDEGAARD stepped down as board member
  • Moved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
20183 changesmanagement 2 · address 1
  • Christoph Bergdolt appointed chair of the board
  • Michael Schuch stepped down as chair of the board
  • Moved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
20173 changesaddress 3
  • Moved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
  • Moved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
  • Moved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
20153 changesmanagement 2 · address 1
  • HANS PETTER ØDEGAARD appointed board member
  • Daniel Meier stepped down as board member
  • Moved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
20131 changeindustry 1
  • Industry changed to Manufacture of other electrical equipment (279000)
20123 changesmanagement 2 · address 1
  • Michael Schuch appointed chair of the board
  • John Lawrence Chipperfield stepped down as chair of the board
  • Moved to Sivlandvænget 15, Hjallese, 5260 Odense S
20111 changemanagement 1
  • Morten Andersson stepped down as director
20104 changesmanagement 4
  • Morten Søndergård Hansen appointed ceo
  • Morten Andersson appointed director
  • Daniel Meier appointed board member
  • Friedrich Peter Hofstadler stepped down as board member
20091 changeindustry 1
  • Industry changed to Manufacture of railway locomotives and rolling stock (302000)
20081 changeindustry 1
  • Industry changed to Manufacture of other electrical equipment (279000)
20072 changesmanagement 2
  • Friedrich Peter Hofstadler appointed board member
  • Morten Andersson stepped down as board member
20061 changeaddress 1
  • Moved to Klokkestøbervej 21, 5230 Odense M
200413 changesname 1 · address 1 · management 9 · ownership 1 · capital 1
  • Name changed from FALCO TRAFFIC ApS to SWARCO TECHNOLOGY ApS
  • Moved to Cikorievej 48B, 5220 Odense SØ
  • John Lawrence Chipperfield appointed chair of the board
  • Morten Andersson appointed board member
  • Morten Søndergård Hansen stepped down as board member
  • Regnart Sigurd Hansen stepped down as director
  • Regnart Sigurd Hansen stepped down as board member
  • Henrik Raaen Thomsen stepped down as board member
  • Dennis Raabjerg Poulsen stepped down as director
  • Dennis Raabjerg Poulsen stepped down as board member
  • Henrik Raaen Thomsen stepped down as director
  • SWARCO AG registered as owner (100%)
  • Share capital changed from 214,444 DKK to 166,194 DKK
20033 changesmanagement 2 · capital 1
  • Morten Søndergård Hansen appointed board member
  • Lars Lindberg stepped down as board member
  • Share capital changed from 193,000 DKK to 214,444 DKK
20011 changeaddress 1
  • Moved to Bredbjergvej 44, 5230 Odense M
19992 changesmanagement 2
  • Regnart Sigurd Hansen appointed director
  • Regnart Sigurd Hansen appointed board member
199710 changesname 1 · capital 1 · management 7 · founded 1
  • Name changed from PBH 25.307 ApS to FALCO TRAFFIC ApS
  • Share capital changed from 125,000 DKK to 193,000 DKK
  • Henrik Raaen Thomsen appointed board member
  • Dennis Raabjerg Poulsen appointed director
  • Dennis Raabjerg Poulsen appointed board member
  • Lars Lindberg appointed board member
  • Henrik Raaen Thomsen appointed director
  • Preben Bang Henriksen stepped down as director
  • Registered as PBH 25.307 ApS
  • Preben Bang Henriksen appointed director

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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.

View in CVRReport a correction