PR Electronics Group ApS

The Group develops, produces, and sells electronic products. Development and production take place in PR electronics A/S, whereas the Group’s products are sold through its foreign sales subsidiaries and independent distributors as well as from PR electronics A/S directly.

Development in activities and finances

Revenue for the year amounted to DKK 489,305k compared to DKK 454,923k in the previous year, corresponding to a growth of 7.6%. The increase in revenue was primarily driven by normalized market conditions following years of inventory overstocking, which had emerged in the wake of electrical component shortages. The development was further supported by the successful deployment of several key strategic initiatives aimed at enhancing customer focus and accelerating the top-line growth trajectory.​​Other external expenses and staff expenses increased by a combined 4.7%, primarily driven by changes in employee composition and enhanced sales and marketing activities. The increase reflects targeted investments to support the Group’s long-term growth ambitio…

Founded in a continuously wider high-quality product range, increased activities to create market awareness and a larger sales force, the Group expects to continue its growth path. Increased profitability is expected through continued optimization of the Group’s internal value chains, including sourcing and production optimizations.​​The Group expects revenue to grow by 0-15% in 2026/2027 with an increased margin on profit before tax.

Profit/loss for the year in relation to expected developments

The profit for the year is considered satisfactory, particularly in light of the significant investments made to support future growth. The Group continues to take appropriate measures and make necessary adjustments to ensure progress towards its strategic objectives of delivering sustainable growth in both revenue and profitability.

The recognition and measurement of the Group’s goodwill and purchase price allocations are subject to a degree of estimation uncertainty. However, no indications of impairment have been identified. For further information, reference is made to Note 2 to the consolidated financial statements.

The recognition and measurement of the company’s goodwill are subject to some uncertainty, but no indication of impairment has been identified.​​The valuation of goodwill has been assessed based on the following parameters. The assessment of the impairment of goodwill is based on a growth strategy expecting a revenue increase of 10-12% each year the next 10 years. The company has used a WACC on 11.8% in the assessment of the valuation.​​The parameters may be affected by internal performance and external conditions why recognition and measurement can be subject to some uncertainty.

No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.

No events have occured after the balance sheet date to this date, which would influence the evaluation of this annual report.

20 Assets charged and collateral

The group has an overdraft facility maximized to EUR 7.5m. PR electronics A/S og PR electronics Group have put up a shared guarantee of payment as collateral for the overdraft facility.​​Bank loans are secured by investments in group enterprises. Investments in group enterprises include PR electronics A/S and the carrying amount is TDKK 1,610,449.