Grundfos Water Treatment Denmark A/S

Beskrivelse af virksomhedens væsentligste aktiviteter

Grundfos Water Treatment A/S's objective is to manufacture and service water treatment plants, including global sale through group entities.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

The income statement for 2024 shows a loss of DKK 3,125 thousand against a loss of DKK 6,952 thousand last year, and the balance sheet at 31 December 2024 shows equity of DKK 107,353 thousand. The income statement for 2024 shows revenue of DKK 324.8 million against a revenue of DKK 298.6 million in 2023.
Change to the accounting policy
Grundfos Water Treatment Denmark A/S has, in the financial year, decided to change the accounting policy for Investments in group entities from the equity method to the cost method. Comparative figures for the financial year 2023 have been restated to reflect the policy changes.
Reference is made to the introduction in note 1 regarding accounting policies for more details, including a description of the monetary impact of the changed accounting policy on the financial statement.
Profit/loss for the year compared to previously announced expectations
In the annual report for 2023, the Management expected a revenue in the range of DKK 310-340 million and a profit in the range of DKK 10-15 million. The revenue target was nearly reached, however the change of accounting policy and increased cost for integration influences the result significantly. Management considers the Company's financial performance in the year satisfactory under the above mentioned circumstances.

Omtale af betydningsfulde hændelser, som er indtruffet efter regnskabsårets afslutning

No events have occurred after the balance sheet date that may materially affect the Company's financial position.

Beskrivelse af virksomhedens forventede udvikling

The Company’s revenue for 2025 is expected to be in the range DKK 320-350 million, and a profit in the range of DKK 5-15 million.