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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 29,201 | 28,707 | 25,575 | 38,140 | 31,979 | 39,745 | +24.3% |
| Operating profit (EBIT) | 14,261 | 13,448 | 10,435 | – | – | – | – |
| Profit before tax | 14,176 | 13,356 | 10,423 | 21,546 | 11,496 | 16,454 | +43.1% |
| Net profit | 11,054 | 10,414 | 8,114 | 16,788 | 8,940 | 12,819 | +43.4% |
| Total assets | 39,354 | 38,010 | 37,431 | 70,737 | 54,068 | 60,564 | +12% |
| Equity | 31,613 | 32,028 | 30,142 | 36,930 | 39,870 | 46,689 | +17.1% |
| Liabilities | 7,740 | 5,983 | 7,289 | – | 12,661 | 11,819 | −6.7% |
| Cash and cash equivalents | 8,148 | 2,284 | 18,902 | 8,003 | 3,237 | 6,389 | +97.4% |
| Average number of employees | 24 | 24 | 23 | 24 | 25 | 30 | +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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 18/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 28/04/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/04/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 28/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 21/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 26/04/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
86 companies in the databaseComparison with the other companies in manufacture of other electrical equipment based on the latest financial year.
Industry median: gross profit DKK 5.3m, net profit DKK 697k, equity DKK 4.1m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- Swarco Technology ApSDKK 39.7m
- Danfoss Power Electronics A/SDKK 554m
- Migatronic A/SDKK 312.9m
- Swarco Technology ApSDKK 12.8m
- Danfoss Power Electronics A/SDKK 179.2m
- Migatronic A/S−DKK 26.5m
- Swarco Technology ApSDKK 46.7m
- Danfoss Power Electronics A/SDKK 607.4m
- Migatronic A/SDKK 69.9m
- Swarco Technology ApS31
- Danfoss Power Electronics A/S987
- 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- Swarco Ag100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Morten Søndergård Hansen | CEO | 25/08/2010 |
| Anders Desmareth Palm | Director | 01/10/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jeremy Peter Cowling | Board member | 27/11/2019 |
| Christoph Stögerer | Chair of the board | 01/04/2022 |
- Auditor
- KPMG P/S
- Founders
- Preben Bang Henriksen. Aalborg ApS
Former management (17)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Preben Bang Henriksen | Director | 01/02/1997 | 18/08/1997 |
| Dennis Raabjerg Poulsen | Board member | 18/08/1997 | 20/10/2004 |
| Dennis Raabjerg Poulsen | Director | 18/08/1997 | 20/10/2004 |
| Henrik Raaen Thomsen | Board member | 18/08/1997 | 20/10/2004 |
| Henrik Raaen Thomsen | Director | 18/08/1997 | 20/10/2004 |
| Lars Lindberg | Board member | 18/08/1997 | 21/11/2003 |
| Regnart Sigurd Hansen | Board member | 17/11/1999 | 20/10/2004 |
| Regnart Sigurd Hansen | Director | 17/11/1999 | 20/10/2004 |
| Morten Søndergård Hansen | Board member | 21/11/2003 | 20/10/2004 |
| Morten Andersson | Board member | 20/10/2004 | 10/07/2007 |
| John Lawrence Chipperfield | Chair of the board | 20/10/2004 | 12/12/2012 |
| Friedrich Peter Hofstadler | Board member | 01/10/2007 | 25/08/2010 |
| Morten Andersson | Director | 25/08/2010 | 17/06/2011 |
| Daniel Meier | Board member | 25/08/2010 | 10/09/2015 |
| Michael Schuch | Chair of the board | 12/12/2012 | 06/04/2018 |
| Hans Petter Ødegaard | Board member | 10/09/2015 | 27/11/2019 |
| Christoph Bergdolt | Chair of the board | 06/04/2018 | 01/04/2022 |
Signing rule: Selskabet tegnes af den samlede bestyrelse eller af en direktør
Address and production units
1 active production unitsC.F. Tietgens Boulevard 25
5220 Odense SØ
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SWARCO TECHNOLOGY ApS | C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ | 31 | 1004200927 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20242 changesmanagement 1 · accounts 1
- ManagementAnders Desmareth Palm appointed director
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20224 changesaddress 1 · accounts 1 · management 2
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
- AccountsAnnual report for 2021 published
- ManagementChristoph Stögerer appointed chair of the board
- ManagementChristoph Bergdolt stepped down as chair of the board
20216 changesaddress 5 · accounts 1
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
- AccountsAnnual report for 2020 published
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
20203 changesaddress 3
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
20193 changesmanagement 2 · address 1
- ManagementJeremy Peter Cowling appointed board member
- ManagementHANS PETTER ØDEGAARD stepped down as board member
- AddressMoved to C.F. Tietgens Boulevard 25, Fraugde, 5220 Odense SØ
20183 changesmanagement 2 · address 1
- ManagementChristoph Bergdolt appointed chair of the board
- ManagementMichael Schuch stepped down as chair of the board
- AddressMoved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
20173 changesaddress 3
- AddressMoved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
- AddressMoved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
- AddressMoved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
20153 changesmanagement 2 · address 1
- ManagementHANS PETTER ØDEGAARD appointed board member
- ManagementDaniel Meier stepped down as board member
- AddressMoved to C.F. Tietgens Boulevard 25, 5220 Odense SØ
20131 changeindustry 1
- IndustryIndustry changed to Manufacture of other electrical equipment (279000)
20123 changesmanagement 2 · address 1
- ManagementMichael Schuch appointed chair of the board
- ManagementJohn Lawrence Chipperfield stepped down as chair of the board
- AddressMoved to Sivlandvænget 15, Hjallese, 5260 Odense S
20111 changemanagement 1
- ManagementMorten Andersson stepped down as director
20104 changesmanagement 4
- ManagementMorten Søndergård Hansen appointed ceo
- ManagementMorten Andersson appointed director
- ManagementDaniel Meier appointed board member
- ManagementFriedrich Peter Hofstadler stepped down as board member
20091 changeindustry 1
- IndustryIndustry changed to Manufacture of railway locomotives and rolling stock (302000)
20081 changeindustry 1
- IndustryIndustry changed to Manufacture of other electrical equipment (279000)
20072 changesmanagement 2
- ManagementFriedrich Peter Hofstadler appointed board member
- ManagementMorten Andersson stepped down as board member
20061 changeaddress 1
- AddressMoved to Klokkestøbervej 21, 5230 Odense M
200413 changesname 1 · address 1 · management 9 · ownership 1 · capital 1
- NameName changed from FALCO TRAFFIC ApS to SWARCO TECHNOLOGY ApS
- AddressMoved to Cikorievej 48B, 5220 Odense SØ
- ManagementJohn Lawrence Chipperfield appointed chair of the board
- ManagementMorten Andersson appointed board member
- ManagementMorten Søndergård Hansen stepped down as board member
- ManagementRegnart Sigurd Hansen stepped down as director
- ManagementRegnart Sigurd Hansen stepped down as board member
- ManagementHenrik Raaen Thomsen stepped down as board member
- ManagementDennis Raabjerg Poulsen stepped down as director
- ManagementDennis Raabjerg Poulsen stepped down as board member
- ManagementHenrik Raaen Thomsen stepped down as director
- OwnershipSWARCO AG registered as owner (100%)
- CapitalShare capital changed from 214,444 DKK to 166,194 DKK
20033 changesmanagement 2 · capital 1
- ManagementMorten Søndergård Hansen appointed board member
- ManagementLars Lindberg stepped down as board member
- CapitalShare capital changed from 193,000 DKK to 214,444 DKK
20011 changeaddress 1
- AddressMoved to Bredbjergvej 44, 5230 Odense M
19992 changesmanagement 2
- ManagementRegnart Sigurd Hansen appointed director
- ManagementRegnart Sigurd Hansen appointed board member
199710 changesname 1 · capital 1 · management 7 · founded 1
- NameName changed from PBH 25.307 ApS to FALCO TRAFFIC ApS
- CapitalShare capital changed from 125,000 DKK to 193,000 DKK
- ManagementHenrik Raaen Thomsen appointed board member
- ManagementDennis Raabjerg Poulsen appointed director
- ManagementDennis Raabjerg Poulsen appointed board member
- ManagementLars Lindberg appointed board member
- ManagementHenrik Raaen Thomsen appointed director
- ManagementPreben Bang Henriksen stepped down as director
- FoundedRegistered as PBH 25.307 ApS
- ManagementPreben Bang Henriksen appointed director
Related companies
Same people in management
- T. Hansen Gruppen A/Svia Preben Bang Henriksen
- Bone's Restauranter A/Svia Preben Bang Henriksen
- Plantorama A/Svia Preben Bang Henriksen
- Jysk Vikarservice A/Svia Preben Bang Henriksen
- Pedersen & Nielsen Automobilforretning A/Svia Preben Bang Henriksen
- XL-Byg Brejnholt A/Svia Preben Bang Henriksen
Largest in the industry
- Danfoss Power Electronics A/SDKK 554m
- Migatronic A/SDKK 312.9m
- Actulux A/SDKK 94.7m
- Varo Specialmaskiner A/SDKK 85.7m
- Danfysik A/SDKK 83.3m
- Tunstall A/SDKK 76.1m
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.