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Witt Denmark A/S

Public limited companyCVR 20981075HerningActive

Witt Denmark A/S is a public limited company, based in Herning, active in wholesale of electrical household appliances, founded in 1998. Net profit fell 69% from 2024 to 2025, ending at DKK 5.8m. Measured by gross profit, it ranks no. 5 of 65 companies in the industry in the database. Operations are spread over 4 production units.

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Key figures · financial year 2025

RevenueDKK 765.9m+6.3% vs. 2024
Net profitDKK 5.8m−69.3% vs. 2024
EquityDKK 381.1m−0.4% vs. 2024
Employees160latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 7% (2024 → 2025), to DKK 98.7m.
  • Revenue rose 6% (2024 → 2025), to DKK 765.9m.
  • Net profit fell 69% (2024 → 2025), to DKK 5.8m.

Employees

  • 5 fewer employees than a year earlier: 160 (07/2026) against 165 (07/2025).

Management and owners, last 24 months

  • New in management: Kasper Witt Kempel (board member, 12/06/2026).
  • Stepped down: Henrik Nielsen (board member, 12/06/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of electrical household appliances (464310)

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 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300mDKK 350mDKK 400m202020212022202320242025
EquityNet profit
Financial figures for Witt Denmark A/S
202020212022202320242025Change
Revenue791,677926,005643,983627,334720,177765,907+6.3%
Gross profit174,722219,084101,31488,210105,92598,745−6.8%
Operating profit (EBIT)115,114147,61430,91413,42020,7953,882−81.3%
Profit before tax115,570148,32133,23214,72024,6236,954−71.8%
Net profit90,090115,66325,94710,63018,7155,751−69.3%
Total assets435,337604,287516,614507,535542,405562,071+3.6%
Equity284,527390,605365,718371,340382,740381,112−0.4%
Liabilities130,202191,525128,419116,617140,639166,007+18%
Cash and cash equivalents99,79653,9617,4374,2885,49613,267+141.4%
Average number of employees117126136144155160+3.2%

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 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
Gross profitMedian, the industry (65 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 Witt Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202223/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202118/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/05/2021The 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
02040608010012014016018008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

65 companies in the database

Comparison with the other companies in wholesale of electrical household appliances based on the latest financial year.

Gross profitDKK 98.7mNo. 5 of 65
Better than 94% of the companies in the industry
EquityDKK 381.1mNo. 1 of 65
Better than 100% of the companies in the industry
Number of employees160No. 3 of 65
Better than 97% of the companies in the industry

Industry median: gross profit DKK 4.2m, net profit DKK 569k, equity DKK 3.8m, 5 employees.

DKK 218kDKK 1.1mDKK 5.9mDKK 30.4mDKK 91mHere
Distribution of gross profit for 64 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. 687of 4,412
Better than 84%
No. 185of 4,466
Better than 96%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 733of 24,791
Better than 97%
No. 469of 24,909
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 1,603of 17,786
Better than 91%
No. 887of 18,024
Better than 95%

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 electrical household appliances
Gross profit
  1. Witt Denmark A/SDKK 98.7m
  2. Miele A/SDKK 157.6m
  3. Oluf Brønnum & Co. A/SDKK 143.4m
Net profit
  1. Witt Denmark A/SDKK 5.8m
  2. Miele A/SDKK 17m
  3. Oluf Brønnum & Co. A/SDKK 14.2m
Equity
  1. Witt Denmark A/SDKK 381.1m
  2. Miele A/SDKK 116m
  3. Oluf Brønnum & Co. A/SDKK 114.8m
Employees
  1. Witt Denmark A/S160
  2. Miele A/S206
  3. Oluf Brønnum & Co. A/S211

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
  • Witt Invest ApS100%
Witt Denmark A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Witt Denmark A/S
NameRoleAppointed
Allan Witt KempelDirector26/06/1998

Board of directors

Board of directors at Witt Denmark A/S
NameRoleAppointed
Allan Witt KempelBoard member26/06/1998
Søren NørgaardBoard member26/06/1998
Kasper Witt KempelBoard member12/06/2026
Founders
Susanne Kempel
Former management (3)
Former management at Witt Denmark A/S
NameRoleAppointedResigned
Anker Stensig AndersenBoard member26/06/199831/05/2015
Henrik OlesenBoard member31/05/201531/05/2018
Henrik NielsenBoard member31/05/201812/06/2026

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

Address and production units

4 active production units

Gødstrup Søvej 9
7400 Herning

Herning Municipality · Postcode 7400

Other companies at the address (4)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
WITT DENMARK A/SGødstrup Søvej 9, Gødstrup, 7400 Herning1601000773037
Witt FoodGødstrupvej 48, Gødstrup, 7400 Herning11024372002
Witt - KantineGødstrup Søvej 9, 7400 Herning–1026460154
Witt - produktionskøkkenGødstrup Søvej 9, 7400 Herning–1026459954

Purpose

Selskabets formål er at drive handel med hårde hvidevarer samt efter bestyrelsens bestemmelse anden virksomhed, der står i naturlig forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

23 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Kasper Witt Kempel appointed board member
  • Henrik Nielsen stepped down as board member
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of electrical household appliances (464310)
20242 changesname 1 · accounts 1
  • Name changed from WITT HVIDEVARER A/S to WITT DENMARK A/S
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20182 changesmanagement 2
  • Henrik Nielsen appointed board member
  • Henrik Olesen stepped down as board member
20161 changeaddress 1
  • Moved to Gødstrup Søvej 9, Gødstrup, 7400 Herning
20152 changesmanagement 2
  • Henrik Olesen appointed board member
  • Anker Stensig Andersen stepped down as board member
20071 changeaddress 1
  • Moved to Gødstrup Søvej 9, Gødstrup, 7400 Herning
19991 changeownership 1
  • WITT INVEST ApS registered as owner (100%)
19986 changesaddress 1 · founded 1 · management 4
  • Moved to Gødstrup Søvej 9,
  • Registered as WITT HVIDEVARER A/S
  • Søren Nørgaard appointed board member
  • Allan Witt Kempel appointed board member
  • Anker Stensig Andersen appointed board member
  • Allan Witt Kempel appointed director

Related companies

Same industry in Herning

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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 23/10/2026. 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