Eltronic FuelTech A/S

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Eltronic FuelTech A/S - overview

Established

2018

Location

-, -, Denmark

Primary Industry

Oil & Gas

About

Based in Denmark, Eltronic FuelTech A/S provides innovative fuel technology solutions to enhance energy efficiency and reduce emissions across various industries. Eltronic FuelTech A/S specializes in advanced fuel management systems and renewable energy solutions. Founded in 2018 in Denmark, the company has remained focused on optimizing fuel combustion processes for its clients. There have been no notable pivots in its business strategy since inception.


The firm operates from its headquarters in Denmark. The founder's history is not provided, nor is there mention of other companies founded by them. The company has engaged in one funding round and was the investment target in this transaction. Eltronic FuelTech A/S specializes in innovative fuel technology solutions aimed at optimizing energy efficiency and reducing emissions for various industries.


The company’s core offerings include advanced fuel management systems and renewable energy solutions designed to enhance fuel combustion processes. These products cater to sectors such as transportation, manufacturing, and energy, addressing the critical need for sustainable fuel usage amidst global environmental challenges. Targeting markets across Europe, North America, and Asia-Pacific, Eltronic FuelTech serves a diverse client base, including industrial manufacturers, fleet operators, and energy providers, all seeking to improve operational efficiency and reduce their carbon footprint. The company’s commitment to technological advancement ensures they remain at the forefront of the fuel technology sector, with products designed to integrate seamlessly into existing systems and provide measurable performance improvements.


Eltronic FuelTech A/S generates revenue through a combination of direct sales and partnerships with industry players. Clients typically engage in business transactions through multi-year contracts that include both equipment sales and ongoing support services, ensuring a steady revenue stream. The company's offerings may include subscription models for software solutions related to fuel management, providing ongoing access to updates and customer support. Flagship products feature premium pricing due to their advanced capabilities and energy efficiency benefits.


Revenue structures are also supported by collaborative projects with industry stakeholders, enhancing market reach and fostering long-term relationships that contribute to sustained financial growth. Eltronic FuelTech A/S plans to enhance its product lineup and expand its market presence. The company is designing new fuel management solutions, aiming for release in 2026. Additionally, it targets growth in the European and North American markets by mid-2026.


In February 2026, Gertsen & Olufsen A/S, a portfolio company of Polaris Private Equity, agreed to acquire Eltronic FuelTech A/S from Eltronic Group. The deal was completed in March 2026.


Current Investors

Gertsen & Olufsen A/S

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services

Website

www.eltronicfueltech.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Eltronic FuelTech A/S - financials

Fiscal Year EndedOct 31, 2019Oct 31, 2020Oct 31, 2021Oct 31, 2022Oct 31, 2023Oct 31, 2024Oct 31, 2025
Revenue (USD)60,907,14768,322,261124,919,613238,667,151---
% Revenue Growth (YoY)-12.2%82.8%91.1%---
EBITDA (USD)6,471,6688,009,77529,034,15558,099,543---
Operating Income (USD)4,621,7878,009,77529,034,15558,049,607---
Operating Margin7.6%11.7%23.2%24.3%---
% EBITDA Margin10.6%11.7%23.2%24.3%---
NET Income (USD)3,690,0236,199,46322,996,90544,205,422---
% Net Margin6.1%9.1%18.4%18.5%---

Eltronic FuelTech A/S - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve OutCompletedEltronic FuelTech A/S-

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