BITZER Electronics A/S

CVR 21340006 · Public limited company (A/S) · Active · Low risk

BITZER Electronics A/S is a Public limited company (A/S), founded on , based in Sønderborg. The company is registered in the industry fremstilling af elektriske fordelings- og kontrolapparater. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 59.1m and a net result of DKK 95.4m. CEO: Michael Kousgård Snerling.

Bankruptcy risk for BITZER Electronics A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
21340006
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Kærvej 77
6400 Sønderborg
Municipality
Sønderborg
Industry
Fremstilling af elektriske fordelings- og kontrolapparater (271200)
Bankruptcies in the industry: Fremstilling af andet elektrisk udstyr
Share capital
DKK 25.5m
Employees
124 (2018)
Auditor
RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 27
Missing annual reportNo
Negative equityNo
Equity ratio17.5%
Current ratio116%
Moves (last 2 years)0
CEO changes in total15
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 644.2mDKK 432.7m
Gross profitDKK 133.4mDKK 93.2m
Net profitDKK 95.4mDKK -266.5m
EquityDKK 59.1mDKK -228.7m
Total assetsDKK 338.5mDKK 1.2bn
CashDKK 30.0m–
Short-term debtDKK 255.9m–
Tax owedDKK 374k–
Avg. employees133–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019175
1 Jan 2018 – 31 Dec 2018144
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016166
1 Jan 2015 – 31 Dec 2015155
1 Jan 2014 – 31 Dec 2014148
1 Jan 2013 – 31 Dec 2013134
1 Jan 2012 – 31 Dec 2012149
1 Jan 2011 – 31 Dec 2011163
1 Jan 2010 – 31 Dec 2010151
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008120
1 Jan 2007 – 31 Dec 200786
1 Jan 2006 – 31 Dec 2006130

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMichael Kousgård SnerlingCurrent
CEOJens Andersen
CEOKristian Strand
CEOHenning Højberg Kristensen
CEOJens Andersen
CEOHenning Højberg Kristensen
CEOKristian Strand
CEOTore Dybdahl Østergaard
CEOAnna Marie Damgaard Kristensen
CEOPeter Westergaard
CEOUlf Kretschmer
BoardRainer Meinhard Grosse-KrachtCurrent
BoardFrank HartmannCurrent
BoardChristian Jürgen WehrleCurrent
BoardHans Martin BüchselCurrent
BoardHans Lindum Møller
BoardEskild Lyngholm
BoardJens Oluf Johansen
BoardLars Hausen
BoardBerit Hausen
BoardJohn Sostack
BoardJohn Sostack
BoardHeidi Moeslund Reugboe
BoardFrede Schmidt
BoardBent Kristensen
BoardHenning Højberg Kristensen
BoardFinn Fastrup Nielsen
BoardKristian Strand
BoardCarsten Højer Jensen
BoardJens Andersen
BoardChristian Klaus Arthur Gustav Dr Wahlers
BoardPeter Friedrich Eugen Schaufler
BoardJens Andersen
BoardRichard Gerard Kobor
BoardUwe Wilhelm Seemann
BoardJens Andersen
BoardMichael Heinrich Bauer
BoardChristian Jürgen Wehrle
BoardJürgen Martin Kleiner
BoardKristian Strand
BoardHelmut Meyer
BoardGianbattista Parlanti
Owner (100%)BITZER Holding Denmark ApSCurrent
Owner (100%)BITZER SE
Owner (100%)BITZER SE
AuditorRSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKpmg C Jespersen I/S
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderLA HOLDING, SØNDERBORG A/SCurrent

The CEOs' other companies

Michael Kousgård Snerling – 2 other companies

Jens Andersen – 7 other companies

Kristian Strand – 15 other companies, of which 2 bankrupt

Henning Højberg Kristensen – 2 other companies

Tore Dybdahl Østergaard – 1 other companies

Anna Marie Damgaard Kristensen – 3 other companies

Peter Westergaard – 2 other companies

Address history (2 moves)

Kærvej 77, 6400 Sønderborg
Kærvej 77, 6400 Sønderborg
Grundtvigs Alle 163, 6400 Sønderborg

Former names

BITZER Electronics A/S – now
LODAM ELECTRONICS A/S –
LODAM ELEKTRONIK A/S –

Employees per year

Number of employees at BITZER Electronics A/S per year621242011: 6820112012: 8420122013: 9020132014: 10720142015: 10320152016: 9520162017: 11620172018: 1242018

Other companies at the same address

Similar companies in Sønderborg

Questions and answers about BITZER Electronics A/S

Has BITZER Electronics A/S gone bankrupt?

No, BITZER Electronics A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of BITZER Electronics A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of BITZER Electronics A/S?

Michael Kousgård Snerling is the CEO of BITZER Electronics A/S.

Who is the auditor of BITZER Electronics A/S?

BITZER Electronics A/S most recently used RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was BITZER Electronics A/S founded?

BITZER Electronics A/S was founded on 26 November 1998.

What is the equity of BITZER Electronics A/S?

Equity was DKK 59.1m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.