PR ELECTRONICS A/S

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

Development in activities and finances

Revenue for the year amounted to DKK 351,786k compared to DKK 357,358k in the previous year, corresponding to a decrease of 1.6%. The decline in revenue was primarily driven by reduced market growth resulting from an overstocking phenomenon following a period of electrical component shortages, which mainly affected the first half of the financial year.​ ​Other external expenses and staff costs increased by a combined 6.3%, primarily reflecting a changed employee composition and higher sales and marketing activities. These increases were partly offset by higher capitalization of wages related to R&D. The rise in other external expenses and staff costs reflects deliberate investments in strengthening the sales management organization to support future growth, as well as increased R&D staffing to build a solid pipeline of new products. ​ ​Profits for the year decreased from DKK 84,321k in 2023/2024 to DKK 72,522k in 2024/2025. The decline mainly reflects lower revenue and higher external and staff costs, partly offset by improved product profit margins resulting from more favorable inbound pricing.

Founded in a continuously wider high-quality product range, increased activities to create market awareness and a larger sales force, the company expects to return to a growth trajectory. Increased profitability is expected through continued optimization of the company’s internal value chains, including sourcing and production optimizations. ​ ​The company expects revenue to grow by 0-15% in 2025/2026 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, given the significant investments made to support future growth. The Group continuously takes measures and makes adjustments to ensure that its strategic plan for growth in both revenue and profitability is achieved.

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.

The Entity participates in a Danish joint taxation arrangement where PR Electronics Group Holdings ApSserves as​the administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the Entity is therefore liable for income taxes etc for the jointly taxed entities. The jointly taxed entities' total known net liability under the joint taxation arrangement is disclosed in the administration company's financial statements.

21 Assets charged and collateral

Mortgage loans are secured by a deposited mortgage deed registered to the mortgagor on properties with a nominal value of DKK 17,453, securing the outstanding debt DKK 7,851. The carrying amount of mortgaged properties is DKK 64,134.