About Resolux
Resolux is an Energy & Utilities company based in Orbaek (Denmark) founded in 1995, and was acquired by Gexpro Services in January 2022. Wind turbine component manufacturer and reseller. Its Indian entity Resolux India Private Limited reported revenue of ₹4.63 Cr. Its focus areas include Energy, Wind Energy, Hardware Developer and Ancillary Components. Its competitors include Jupiter Bach and Avanti Online; 1 of its 2 listed competitors has raised funding.
Company details
Resolux Group sells and manufactures mechanical and electrical internals for wind turbines, electrical parts and technical lights for ship, mining industry and turnkey projects worldwide. The company delivers components such as light and light kits, cables, brackets, ladders, platforms, plugs, nuts, bolts, lifts etc for a wind tower. It provides its services to customers worldwide from its branches in China, Brazil, United States, South Korea and Denmark. Customers include virtually all the major wind turbine manufacturers, including Vestas, Siemens, GE and Gamesa, as well as some of the larger Chinese manufacturers.
- Headquarters Orbaek, Denmark
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website resolux.dk
- Social LinkedIn YouTube
- Acquired by Gexpro Services (Jan 2022)
- Legal Name Resolux India Private Limited
- Date of Incorporation 02 Jan, 2018
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹4.63 Cr
FY 2024 · +113616% YoY
- Indian entity net profit₹33.8 Lakh
FY 2024 · 7% margin
- Indian entity EBITDA₹46.3 Lakh
FY 2024 · 10% margin
- InvestorsGexpro Services
& 2 more
- Acquired byGexpro Services
(Jan 2022)
Associated legal entities of Resolux
Resolux operates through Resolux India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Resolux India Private Limited CIN U31904TN2018FTC120318 | Active | 02 Jan 2018 | Chennai, Tamil Nadu | ₹4.6 Cr | 8 | 3 | View details |
Apps and channels of Resolux
its YouTube channel Resolux Group has 32 subscribers and 15 videos.
Videos from Resolux
The most watched videos on Resolux's YouTube channel, Resolux Group (32 subscribers). Click a video to play it here.
More on Resolux Group.
Funding Insights of Resolux
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Resolux with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2010 | Private Equity Round | – | Industri Udvikling, Kraks Fond | – |
3 investors in total: 3 institutional.
Investors in Resolux
Resolux has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Gexpro Services, Dansk Ejerkapital and Kraks Fond.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services are provided to Danish owner-managers since 1994. | 1994 | industriudvikling.dk | Copenhagen, Denmark | |
Business growth is supported through investments and grants by Kraks Fond. | kraksfond.dk | Copenhagen, Denmark | ||
Supply chain and logistics services are provided by Gexpro Services. | 2002 | gexproservices.com | Irving, United States |
Investor details for Resolux
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Resolux India Private Limited (Resolux)
Resolux India Private Limited is the primary company behind Resolux. The board of Resolux India Private Limited currently have 3 directors; the longest-serving is Ole Johannes Teglgaard, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ole Johannes Teglgaard DIN 07839234 | Director | 02 Jan 2018 | 8 yrs 9 mo | Resolux India Private Limited |
| Ulaganathan Jagadeesh DIN 10344170 | Additional Director | 09 Oct 2023 | 3 yrs | Resolux India Private Limited |
| Mads Ole Astrupgaard DIN 10392213 | Additional Director | 17 Nov 2023 | 2 yrs 11 mo | Resolux India Private Limited |
Financials of Resolux
Figures of Resolux India Private Limited, the primary company behind Resolux, for FY 2024. Revenue was ₹4.63 Cr (+113616% year on year). Net profit was ₹33.8 Lakh (7% margin). EBITDA was ₹46.3 Lakh (10% margin). Revenue has grown at a compounded annual rate of +81% over five years.
- ₹4.63 CrRevenue · FY 2024 · +113616% YoY
- ₹33.8 LakhNet profit · 7% margin
- ₹46.3 LakhEBITDA · 10% margin
- ₹50 LakhPaid-up capital
- 8Employees (provident fund records)
- +81%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Resolux India Private Limited are on its company page.
Detailed financial statements for Resolux
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Resolux
3 dated milestones of Resolux across 27 years, from founding to its latest funding, stage changes and deals.
- Founded Resolux is founded.
- Funding First funding round.
- Exit Acquired by Gexpro Services.
Competitors of Resolux
Resolux has 2 listed competitors in our database, 1 of them funded. They include Jupiter Bach and Avanti Online.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jupiterbach.com | 2017 | Koge, Denmark | $10.78M | 20 | Designer and manufacturer of nacelle and spinner covers | |
| avanti-online.com | 1885 | Copenhagen, Denmark | Safety products for wind turbines are manufactured globally. |
Detailed competitors of Resolux
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Related news about Resolux
Complete news archive for Resolux
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Frequently Asked Questions about Resolux
Resolux was founded in 1995 and raised its 1st funding round 15 years after it was founded.
Resolux is headquartered in Orbaek, Denmark.
The primary company behind Resolux, Resolux India Private Limited, reported revenue of ₹4.63 Cr for FY 2024, up 113616% year on year.
Resolux Group sells and manufactures mechanical and electrical internals for wind turbines, electrical parts and technical lights for ship, mining industry and turnkey projects worldwide. The company delivers components such as light and light kits, cables, brackets, ladders, platforms, plugs, nuts, bolts, lifts etc for a wind tower. It provides its services to customers worldwide from its branches in China, Brazil, United States, South Korea and Denmark. Customers include virtually all the major wind turbine manufacturers, including Vestas, Siemens, GE and Gamesa, as well as some of the larger Chinese manufacturers.
Resolux's top competitors include Jupiter Bach and Avanti Online.
Resolux has 3 investors. Key investors include Gexpro Services, Dansk Ejerkapital, and Kraks Fond.
Resolux operates through Resolux India Private Limited.
Yes. Resolux was acquired by Gexpro Services in January 2022.
The legal entities of Resolux currently have 3 directors, including Mads Ole Astrupgaard, Ulaganathan Jagadeesh, Ole Johannes Teglgaard.