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.

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Key figures · financial year 2025

Gross profitDKK 10.9m+14.6% vs. 2024
Net profitDKK 2m+53.3% vs. 2024
EquityDKK 3.7m−24.8% vs. 2024
Employees20latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 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 thousand

Equity and net profit

−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
EquityNet profit
Financial figures for El-installatør Karsten Mortensen A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,3167,9786,6128,5639,50310,890+14.6%
Operating profit (EBIT)945755−3241,4321,6492,592+57.2%
Profit before tax745695−3781,4331,6752,573+53.6%
Net profit526565−3051,1131,3021,995+53.3%
Total assets12,4335,7815,6425,7547,0866,795−4.1%
Equity3,7392,7552,4503,5634,8653,660−24.8%
Liabilities8,4572,9483,1452,1322,1883,112+42.2%
Cash and cash equivalents2,5791,0892,6602,9701,5893,125+96.7%
Average number of employees19181616160−100%

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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (1,291 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Fewer 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
Annual reports for El-installatør Karsten Mortensen A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202322/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202124/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/04/2021The companyPDFXBRL

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 CVR
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,291 companies in the database

Comparison with the other companies in electrical installation based on the latest financial year.

Gross profitDKK 10.9mNo. 278 of 1,290
Better than 79% of the companies in the industry
EquityDKK 3.7mNo. 318 of 1,291
Better than 75% of the companies in the industry
Number of employees20No. 1215 of 1,291
Better than 6% of the companies in the industry

Industry median: gross profit DKK 3.9m, net profit DKK 321k, equity DKK 1.4m, 6 employees.

DKK 100kDKK 1.2mDKK 14.6mDKK 176mDKK 926.4mHere
Distribution of gross profit for 1,272 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
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
Gross profit
  1. El-installatør Karsten Mortensen A/SDKK 10.9m
  2. Bravida Danmark A/SDKK 2.1bn
  3. Kemp & Lauritzen A/SDKK 2bn
Net profit
  1. El-installatør Karsten Mortensen A/SDKK 2m
  2. Bravida Danmark A/SDKK 160.3m
  3. Kemp & Lauritzen A/SDKK 2.6m
Equity
  1. El-installatør Karsten Mortensen A/SDKK 3.7m
  2. Bravida Danmark A/SDKK 629m
  3. Kemp & Lauritzen A/SDKK 588.4m
Employees
  1. El-installatør Karsten Mortensen A/S20
  2. Bravida Danmark A/S3,163
  3. 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
Owners
  • P2 Holding 2025 ApS100%
El-installatør Karsten Mortensen A/S

Management

4 active registrations

Executive management

Executive management at El-installatør Karsten Mortensen A/S
NameRoleAppointed
Peter Kragh HansenDirector31/03/2026

Board of directors

Board of directors at El-installatør Karsten Mortensen A/S
NameRoleAppointed
Peter Kragh HansenBoard member31/03/2026
Pernille Kragh HansenChair of the board31/03/2026
Søren Peter HansenBoard member31/03/2026
Founders
Karsten Michael Mortensen
Former management (6)
Former management at El-installatør Karsten Mortensen A/S
NameRoleAppointedResigned
Karsten Michael MortensenBoard member16/06/199731/03/2026
Karsten Michael MortensenDirector16/06/199731/03/2026
Tina MortensenBoard member16/06/199731/03/2026
Gunnar ClausenBoard member16/06/199725/05/2009
Allan Berg MortensenBoard member25/05/200931/03/2026
Paul-Erik HvidBoard member23/05/201607/05/2019

Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Lerhøj 13
2880 Bagsværd

Gladsaxe Municipality · Postcode 2880

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
EL-INSTALLATØR KARSTEN MORTENSEN A/SLerhøj 13, 2880 Bagsværd201007994423

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 events
202611 changesmanagement 8 · ownership 2 · accounts 1
  • Peter Kragh Hansen appointed board member
  • Søren Peter Hansen appointed board member
  • Pernille Kragh Hansen appointed chair of the board
  • Peter Kragh Hansen appointed director
  • Allan Berg Mortensen stepped down as board member
  • Karsten Michael Mortensen stepped down as board member
  • Tina Mortensen stepped down as board member
  • Karsten Michael Mortensen stepped down as director
  • P2 HOLDING 2025 ApS registered as owner (100%)
  • TBM HOLDING A/S is no longer registered as owner
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20191 changemanagement 1
  • Paul-Erik Hvid stepped down as board member
20162 changesmanagement 1 · address 1
  • Paul-Erik Hvid appointed board member
  • Moved to Lerhøj 13, 2880 Bagsværd
20092 changesmanagement 2
  • Allan Berg Mortensen appointed board member
  • Gunnar Clausen stepped down as board member
20061 changemerger 1
  • Merger registered in CVR
20041 changeaddress 1
  • Moved to Klausdalsbrovej 25, 2860 Søborg
20011 changeownership 1
  • TBM HOLDING A/S registered as owner (100%)
19975 changesfounded 1 · management 4
  • Registered as EL-INSTALLATØR KARSTEN MORTENSEN A/S
  • Karsten Michael Mortensen appointed board member
  • Gunnar Clausen appointed board member
  • Tina Mortensen appointed board member
  • Karsten Michael Mortensen appointed director

Related companies

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.

View in CVRReport a correction