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Elfirmaet Damgaard A/S

Public limited companyCVR 31260531VejleActive

Elfirmaet Damgaard A/S is a public limited company, based in Vejle, active in electrical installation, founded in 2008. The company went from a profit in 2024 to a loss of DKK 2m in 2025. Equity fell to DKK 2.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 2.8m−42.3% vs. 2024
Net profit−DKK 2m−780% vs. 2024
EquityDKK 2.4m−45.9% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 42% (2024 → 2025), to DKK 2.8m.
  • Net profit went from a profit of DKK 296k to a loss of DKK 2m (2024 → 2025).
  • Equity fell 46% (2024 → 2025), to DKK 2.4m.

Employees

  • 4 fewer employees than a year earlier: 4 (08/2026) against 8 (08/2025).

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 3m−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
EquityNet profit
Financial figures for Elfirmaet Damgaard A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,9627,2317,9565,6674,8502,800−42.3%
Operating profit (EBIT)2,349–2,9311,471598−2,312−486.4%
Profit before tax2,3152,5702,8711,356384−2,572−770.5%
Net profit1,8022,0032,2371,053296−2,015−780%
Total assets7,1569,80911,2438,77410,7438,259−23.1%
Equity3,2984,3015,0384,5914,3872,373−45.9%
Liabilities3,5075,1145,8924,0786,2795,886−6.3%
Cash and cash equivalents984141871,184246110−55.2%
Average number of employees91010889+12.5%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7mDKK 8m202020212022202320242025
Gross profitMedian, the industry (1,291 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 46% from 2024 to 2025 (DKK 4.4m to DKK 2.4m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive 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 Elfirmaet Damgaard A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202514/01/2026The companyPDF not statedXBRL
202401/07/2023 – 30/06/202418/12/2024The companyPDFXBRL
202301/07/2022 – 30/06/202322/09/2023The companyPDFXBRL
202201/07/2021 – 30/06/202225/10/2022The companyPDFXBRL
202101/07/2020 – 30/06/202104/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202025/10/2020The 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
024681009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 2.8mNo. 792 of 1,290
Better than 39% of the companies in the industry
EquityDKK 2.4mNo. 466 of 1,291
Better than 64% of the companies in the industry
Number of employees4No. 480 of 1,291
Better than 63% 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 fewer than 20 employees69,967 companies in the comparison
No. 24,064of 69,742
Better than 65%
No. 22,167of 69,964
Better than 68%
Same industry and fewer than 20 employees993 companies in the comparison
No. 500of 993
Better than 50%
No. 211of 993
Better than 79%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 13,475of 24,791
Better than 46%
No. 13,625of 24,909
Better than 45%
All companies of type A/S18,025 companies in the comparison
No. 13,858of 17,786
Better than 22%
No. 14,036of 18,024
Better than 22%

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. Elfirmaet Damgaard A/SDKK 2.8m
  2. Bravida Danmark A/SDKK 2.1bn
  3. Kemp & Lauritzen A/SDKK 2bn
Net profit
  1. Elfirmaet Damgaard A/S−DKK 2m
  2. Bravida Danmark A/SDKK 160.3m
  3. Kemp & Lauritzen A/SDKK 2.6m
Equity
  1. Elfirmaet Damgaard A/SDKK 2.4m
  2. Bravida Danmark A/SDKK 629m
  3. Kemp & Lauritzen A/SDKK 588.4m
Employees
  1. Elfirmaet Damgaard A/S4
  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
  • M. Damgaard Holding ApS100%
Elfirmaet Damgaard A/S

Management

4 active registrations

Executive management

Executive management at Elfirmaet Damgaard A/S
NameRoleAppointed
Morten Damgaard NielsenCEO01/01/2008

Board of directors

Board of directors at Elfirmaet Damgaard A/S
NameRoleAppointed
Johnny Normann KroghChair of the board31/10/2019
Morten Damgaard NielsenBoard member31/10/2019
Bo Schilling MadsenBoard member29/10/2021
Founders
Morten Damgaard Nielsen
Former management (1)
Former management at Elfirmaet Damgaard A/S
NameRoleAppointedResigned
Finn Damgaard NielsenBoard member31/10/201929/10/2021

Signing rule: Selskabet tegnes af direktionen.

Address and production units

1 active production units

Markvang 6
7100 Vejle

Vejle Municipality · Postcode 7100

Production units
Production unitAddressEmployeesP number
ELFIRMAET DAMGAARD A/SMarkvang 6, Jerlev, 7100 Vejle41014191654

Purpose

Selskabets formål er at drive virksomhed med drift af installationsvirksomhed samt detailhandel og anden aktivitet efter ledelsens skøn.

The purpose is quoted from the register in Danish.

Changes year by year

19 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20213 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Bo Schilling Madsen appointed board member
  • Finn Damgaard Nielsen stepped down as board member
20201 changeaccounts 1
  • Annual report for 2020 published
20195 changesname 1 · capital 1 · management 3
  • Name changed from ELFIRMAET DAMGAARD ApS to ELFIRMAET DAMGAARD A/S
  • Share capital changed from 125,000 DKK to 400,000 DKK
  • Finn Damgaard Nielsen appointed board member
  • Johnny Normann Krogh appointed chair of the board
  • Morten Damgaard Nielsen appointed board member
20161 changeaddress 1
  • Moved to Markvang 6, Jerlev, 7100 Vejle
20131 changeownership 1
  • M. DAMGAARD HOLDING ApS registered as owner (100%)
20084 changesaddress 1 · industry 1 · founded 1 · management 1
  • Moved to Grenen 15, Jerlev, 7100 Vejle
  • Industry changed to Electrical installation (432100)
  • Registered as ELFIRMAET DAMGAARD ApS
  • Morten Damgaard Nielsen appointed ceo

Related companies

Same industry in Vejle

See all →

Same people in management

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