Ab-elco A/S
Public limited companyCVR 34695806RingstedActive
Ab-elco A/S is a public limited company, based in Ringsted, active in electrical installation, founded in 2012. Net profit fell 36% from 2024 to 2025, ending at DKK 3.6m. Operations are spread over 4 production units in 4 towns. With 136 employees, the company is about 23 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 6% (2024 → 2025), to DKK 79.9m.
- Net profit fell 36% (2024 → 2025), to DKK 3.6m.
- Equity rose 12% (2024 → 2025), to DKK 14.1m.
Employees
- 8 more employees than a year earlier: 136 (07/2026) against 128 (07/2025).
Registrations, last 24 months
- 03/02/2025: Moved to Dyssegårdsvej 23, Balstrup, 4100 Ringsted
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 45,001 | 50,168 | 54,843 | 61,956 | 75,414 | 79,868 | +5.9% |
| Operating profit (EBIT) | 4,656 | 4,630 | 5,329 | 6,067 | 7,366 | 4,710 | −36.1% |
| Profit before tax | 4,673 | 4,624 | 5,290 | 5,979 | 7,124 | 4,594 | −35.5% |
| Net profit | 3,631 | 3,593 | 4,086 | 4,640 | 5,535 | 3,551 | −35.8% |
| Total assets | 24,344 | 26,991 | 27,897 | 29,871 | 42,543 | 44,134 | +3.7% |
| Equity | 8,289 | 8,882 | 9,968 | 11,107 | 12,542 | 14,094 | +12.4% |
| Liabilities | 15,694 | 17,915 | 17,487 | 17,922 | 28,184 | 28,591 | +1.4% |
| Cash and cash equivalents | 2,974 | 0 | 1,134 | 0 | – | – | – |
| Average number of employees | 79 | 79 | 94 | 103 | 109 | 124 | +13.8% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five latest annual reports in a row.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 26/01/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 03/02/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 28/01/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 31/12/2022 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 23/12/2021 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 25/12/2020 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
1,291 companies in the databaseComparison with the other companies in electrical installation based on the latest financial year.
Industry median: gross profit DKK 3.9m, net profit DKK 321k, equity DKK 1.4m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 958of 4,412 Better than 78% | No. 2,560of 4,466 Better than 43% |
| Same industry and 50–199 employees90 companies in the comparison | No. 3of 89 Better than 98% | No. 36of 90 Better than 61% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 418of 33,588 Better than 99% | No. 2,951of 33,687 Better than 91% |
| All companies of type A/S18,025 companies in the comparison | No. 1,924of 17,786 Better than 89% | No. 7,431of 18,024 Better than 59% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Electrical installation- Ab-elco A/SDKK 79.9m
- Bravida Danmark A/SDKK 2.1bn
- Kemp & Lauritzen A/SDKK 2bn
- Ab-elco A/SDKK 3.6m
- Bravida Danmark A/SDKK 160.3m
- Kemp & Lauritzen A/SDKK 2.6m
- Ab-elco A/SDKK 14.1m
- Bravida Danmark A/SDKK 629m
- Kemp & Lauritzen A/SDKK 588.4m
- Ab-elco A/S136
- Bravida Danmark A/S3,163
- Kemp & Lauritzen A/S2,868
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Sværtekilde Holding ApS50%
- T. Kudsk Holding ApS50%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Rasmus Bjørslev Sværtekilde | Director | 01/09/2012 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Rasmus Bjørslev Sværtekilde | Board member | 02/01/2015 |
| Tomas Kudsk | Board member | 09/06/2015 |
| Palle Mørkøre | Chair of the board | 17/12/2020 |
| Michael Bang | Board member | 01/08/2021 |
- Founders
- Rasmus Bjørslev Sværtekilde, Tomas Kudsk
Former management (6)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Tomas Kudsk | Director | 01/09/2012 | 02/01/2015 |
| Ruben Hansen | Board member | 02/01/2015 | 09/06/2015 |
| Tomas Kudsk | Chair of the board | 02/01/2015 | 08/06/2015 |
| Anders Buchwald Hansen | Chair of the board | 09/06/2015 | 17/12/2020 |
| Palle Mørkøre | Board member | 09/10/2019 | 16/12/2020 |
| Mike Lillie Gornitzka | Board member | 01/09/2021 | 31/12/2022 |
Signing rule: Selskabet tegnes af en direktør og et bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
4 active production unitsDyssegårdsvej 23
4100 Ringsted
| Production unit | Address | Employees | P number |
|---|---|---|---|
| AB-ELCO A/S | Dyssegårdsvej 23, Balstrup, 4100 Ringsted | 125 | 1017896535 |
| EL-service Lolland/Falster Afd. Nykøbing Falster | Herningvej 36A, 4800 Nykøbing F | 6 | 1032200458 |
| EL-Service Lolland/Falster Afd. Nakskov | Skibsværftsvej 10, st, 4900 Nakskov | 4 | 1032200539 |
| EL-service Kalundborg | Gl Hovvej 102, 4400 Kalundborg | 1 | 1032200636 |
Purpose
Selskabets formål er arbejde med og salg af el, energi, samt varme- og styringsanlæg samt anden efter direktionens skøn hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
30 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaddress 1 · accounts 1
- AddressMoved to Dyssegårdsvej 23, Balstrup, 4100 Ringsted
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20222 changesmanagement 1 · accounts 1
- ManagementMike Lillie Gornitzka stepped down as board member
- AccountsAnnual report for 2022 published
20213 changesaccounts 1 · management 2
- AccountsAnnual report for 2021 published
- ManagementMike Lillie Gornitzka appointed board member
- ManagementMichael Bang appointed board member
20204 changesaccounts 1 · management 3
- AccountsAnnual report for 2020 published
- ManagementPalle Mørkøre appointed chair of the board
- ManagementAnders Buchwald Hansen stepped down as chair of the board
- ManagementPalle Mørkøre stepped down as board member
20191 changemanagement 1
- ManagementPalle Mørkøre appointed board member
20181 changeaddress 1
- AddressMoved to Dyssegårdsvej 23, Balstrup, 4100 Ringsted
20159 changesmanagement 8 · name 1
- ManagementAnders Buchwald Hansen appointed chair of the board
- ManagementTomas Kudsk appointed board member
- ManagementRuben Hansen stepped down as board member
- ManagementTomas Kudsk stepped down as chair of the board
- NameName changed from AB-ELCO ApS to AB-ELCO A/S
- ManagementRuben Hansen appointed board member
- ManagementTomas Kudsk appointed chair of the board
- ManagementRasmus Bjørslev Sværtekilde appointed board member
- ManagementTomas Kudsk stepped down as director
20132 changesownership 2
- OwnershipSVÆRTEKILDE HOLDING ApS registered as owner (50%)
- OwnershipT. KUDSK HOLDING ApS registered as owner (50%)
20124 changesindustry 1 · founded 1 · management 2
- IndustryIndustry changed to Electrical installation (432100)
- FoundedRegistered as AB-ELCO ApS
- ManagementTomas Kudsk appointed director
- ManagementRasmus Bjørslev Sværtekilde appointed director
Related companies
Same industry in Ringsted
- Easca ApS165 employees
- Hougaard & Pihl ApS23 employees
- Gelcom ApS19 employees
- TPA Solutions ApS18 employees
- Del-tech ApS9 employees
- Felektro ApS4 employees
Same people in management
- Bayern Autogroup A/Svia Anders Buchwald Hansen
- Nic. Christiansen Gruppen A/Svia Anders Buchwald Hansen
- Terminalen A/Svia Anders Buchwald Hansen
- Jorgensen Engineering A/Svia Mike Lillie Gornitzka
- Nielsen Car Group Administration A/Svia Anders Buchwald Hansen
- Comwell Middelfart A/Svia Anders Buchwald Hansen
Largest in the industry
- Bravida Danmark A/SDKK 2.1bn
- Kemp & Lauritzen A/SDKK 2bn
- Elcon A/SDKK 596.5m
- Caverion Danmark A/SDKK 380.8m
- Eltel Networks A/SDKK 325.1m
- Uggerly Installation A/SDKK 305m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 23/10/2026.