El-installatør Karsten Mortensen A/S
Public limited companyCVR 20205474BagsværdActive
El-installatør Karsten Mortensen A/S is a public limited company, based in Bagsværd, active in electrical installation, founded in 1997. Net profit rose 53% from 2024 to 2025, ending at DKK 2m. Profit has grown three years in a row. With 20 employees, the company is about 3 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 15% (2024 → 2025), to DKK 10.9m.
- Net profit rose 53% (2024 → 2025), to DKK 2m.
- Equity fell 25% (2024 → 2025), to DKK 3.7m.
Management and owners, last 24 months
- New in management: Peter Kragh Hansen (board member, 31/03/2026), Peter Kragh Hansen (director, 31/03/2026) and Pernille Kragh Hansen (chair of the board, 31/03/2026) (+1).
- Stepped down: Karsten Michael Mortensen (board member, 31/03/2026), Karsten Michael Mortensen (director, 31/03/2026) and Tina Mortensen (board member, 31/03/2026) (+1).
- New owners registered: P2 Holding 2025 ApS (31/03/2026).
- No longer registered as owner: Tbm Holding A/S (31/03/2026).
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 | 7,316 | 7,978 | 6,612 | 8,563 | 9,503 | 10,890 | +14.6% |
| Operating profit (EBIT) | 945 | 755 | −324 | 1,432 | 1,649 | 2,592 | +57.2% |
| Profit before tax | 745 | 695 | −378 | 1,433 | 1,675 | 2,573 | +53.6% |
| Net profit | 526 | 565 | −305 | 1,113 | 1,302 | 1,995 | +53.3% |
| Total assets | 12,433 | 5,781 | 5,642 | 5,754 | 7,086 | 6,795 | −4.1% |
| Equity | 3,739 | 2,755 | 2,450 | 3,563 | 4,865 | 3,660 | −24.8% |
| Liabilities | 8,457 | 2,948 | 3,145 | 2,132 | 2,188 | 3,112 | +42.2% |
| Cash and cash equivalents | 2,579 | 1,089 | 2,660 | 2,970 | 1,589 | 3,125 | +96.7% |
| Average number of employees | 19 | 18 | 16 | 16 | 16 | 0 | −100% |
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 figuresFewer employees
The number of employees fell 100% from 16 in 2024 to 0 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.
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 | 01/01/2025 – 31/12/2025 | 18/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 25/02/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 22/03/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 28/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 24/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 12/04/2021 | 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 20–49 employees9,922 companies in the comparison | No. 5,462of 9,892 Better than 45% | No. 5,401of 9,922 Better than 46% |
| Same industry and 20–49 employees187 companies in the comparison | No. 136of 187 Better than 27% | No. 111of 187 Better than 41% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 5,590of 24,791 Better than 77% | No. 11,306of 24,909 Better than 55% |
| All companies of type A/S18,025 companies in the comparison | No. 8,596of 17,786 Better than 52% | No. 12,652of 18,024 Better than 30% |
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- El-installatør Karsten Mortensen A/SDKK 10.9m
- Bravida Danmark A/SDKK 2.1bn
- Kemp & Lauritzen A/SDKK 2bn
- El-installatør Karsten Mortensen A/SDKK 2m
- Bravida Danmark A/SDKK 160.3m
- Kemp & Lauritzen A/SDKK 2.6m
- El-installatør Karsten Mortensen A/SDKK 3.7m
- Bravida Danmark A/SDKK 629m
- Kemp & Lauritzen A/SDKK 588.4m
- El-installatør Karsten Mortensen A/S20
- 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- P2 Holding 2025 ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Peter Kragh Hansen | Director | 31/03/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Peter Kragh Hansen | Board member | 31/03/2026 |
| Pernille Kragh Hansen | Chair of the board | 31/03/2026 |
| Søren Peter Hansen | Board member | 31/03/2026 |
- Founders
- Karsten Michael Mortensen
Former management (6)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Karsten Michael Mortensen | Board member | 16/06/1997 | 31/03/2026 |
| Karsten Michael Mortensen | Director | 16/06/1997 | 31/03/2026 |
| Tina Mortensen | Board member | 16/06/1997 | 31/03/2026 |
| Gunnar Clausen | Board member | 16/06/1997 | 25/05/2009 |
| Allan Berg Mortensen | Board member | 25/05/2009 | 31/03/2026 |
| Paul-Erik Hvid | Board member | 23/05/2016 | 07/05/2019 |
Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse.
Address and production units
1 active production unitsLerhøj 13
2880 Bagsværd
Gladsaxe Municipality · Postcode 2880
Other companies at the address (1)
- B & O Byggeindustri A/SConstruction of buildings
| Production unit | Address | Employees | P number |
|---|---|---|---|
| EL-INSTALLATØR KARSTEN MORTENSEN A/S | Lerhøj 13, 2880 Bagsværd | 20 | 1007994423 |
Purpose
Selskabets formål er at drive el-installatørvirksomhed, engros, endetail, og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
29 registered events202611 changesmanagement 8 · ownership 2 · accounts 1
- ManagementPeter Kragh Hansen appointed board member
- ManagementSøren Peter Hansen appointed board member
- ManagementPernille Kragh Hansen appointed chair of the board
- ManagementPeter Kragh Hansen appointed director
- ManagementAllan Berg Mortensen stepped down as board member
- ManagementKarsten Michael Mortensen stepped down as board member
- ManagementTina Mortensen stepped down as board member
- ManagementKarsten Michael Mortensen stepped down as director
- OwnershipP2 HOLDING 2025 ApS registered as owner (100%)
- OwnershipTBM HOLDING A/S is no longer registered as owner
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20191 changemanagement 1
- ManagementPaul-Erik Hvid stepped down as board member
20162 changesmanagement 1 · address 1
- ManagementPaul-Erik Hvid appointed board member
- AddressMoved to Lerhøj 13, 2880 Bagsværd
20092 changesmanagement 2
- ManagementAllan Berg Mortensen appointed board member
- ManagementGunnar Clausen stepped down as board member
20061 changemerger 1
- MergerMerger registered in CVR
20041 changeaddress 1
- AddressMoved to Klausdalsbrovej 25, 2860 Søborg
20011 changeownership 1
- OwnershipTBM HOLDING A/S registered as owner (100%)
19975 changesfounded 1 · management 4
- FoundedRegistered as EL-INSTALLATØR KARSTEN MORTENSEN A/S
- ManagementKarsten Michael Mortensen appointed board member
- ManagementGunnar Clausen appointed board member
- ManagementTina Mortensen appointed board member
- ManagementKarsten Michael Mortensen appointed director
Related companies
Same industry in Gladsaxe
- Sif Gruppen A/S650 employees
- E. Kallesøe Autoriseret El-installationsfirma A/S83 employees
- Apj El Anlæg A/S63 employees
- Wirework A/S40 employees
- Caembell El-anlæg ApS40 employees
- Weibel Installation A/S29 employees
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 24/10/2026.