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Elgiganten A/S

Public limited companyCVR 17237977København SActive

Elgiganten A/S is a public limited company, based in København S, active in retail sale of electrical household appliances, founded in 1993. Net profit rose 14% from 2024 to 2025, ending at DKK 67.6m. Measured by gross profit, it ranks no. 1 of 158 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

RevenueDKK 6.2bn−1.5% vs. 2024
Net profitDKK 67.6m+14.3% vs. 2024
EquityDKK 479.5m+16.4% vs. 2024
Employees2,181latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 3% (2024 → 2025), to DKK 764.4m.
  • Revenue fell 1% (2024 → 2025), to DKK 6.2bn.
  • Net profit rose 14% (2024 → 2025), to DKK 67.6m.
  • Equity rose 16% (2024 → 2025), to DKK 479.5m.

Employees

  • 14 more employees than a year earlier: 2,181 (08/2026) against 2,167 (08/2025).

Management and owners, last 24 months

  • New in management: Morten Syversen (board member, 01/05/2026) and Niclas Bo Eriksson (chair of the board, 03/08/2026).
  • Stepped down: Fredrik Tønnesen (chair of the board, 03/08/2026) and Hans Gunnar Trolläng (board member, 01/05/2026).

Registrations, last 24 months

  • 01/09/2026: Moved to Arne Jacobsens Allé 7, 7, 2300 København S

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 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
EquityNet profit
Financial figures for Elgiganten A/S
202020212022202320242025Change
Revenue6,353,6747,128,4707,077,2546,368,5096,338,1026,244,424−1.5%
Gross profit715,808748,883774,046692,492742,921764,441+2.9%
Operating profit (EBIT)119,909131,320132,79246,74577,04687,848+14%
Profit before tax118,296129,798131,42743,43675,71487,631+15.7%
Net profit91,708101,284103,38334,15659,13567,601+14.3%
Total assets1,284,5431,478,6731,193,6241,072,1801,122,5911,246,349+11%
Equity263,922365,206318,589352,745411,880479,481+16.4%
Liabilities1,020,0461,110,518871,848716,473708,660764,438+7.9%
Cash and cash equivalents2,40514,33111,5738,5728,87913,100+47.5%
Average number of employees1,3901,4281,458–1,3721,387+1.1%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600mDKK 700mDKK 800m202020212022202320242025
Gross profitMedian, the industry (158 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Elgiganten A/S
Financial yearPeriodPublishedFigures forDocuments
202501/05/2024 – 30/04/202530/10/2025The companyPDF not statedXBRL
202401/05/2023 – 30/04/202431/10/2024The companyPDFXBRL
202301/05/2022 – 30/04/202330/10/2023The companyPDFXBRL
202201/05/2021 – 30/04/202230/09/2022The companyPDFXBRL
202101/05/2020 – 30/04/202104/10/2021The companyPDFXBRL
202001/05/2019 – 30/04/202029/09/2020The 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
05001,0001,5002,0002,50009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

158 companies in the database

Comparison with the other companies in retail sale of electrical household appliances based on the latest financial year.

Gross profitDKK 764.4mNo. 1 of 158
Better than 100% of the companies in the industry
EquityDKK 479.5mNo. 1 of 158
Better than 100% of the companies in the industry
Number of employees2,181No. 1 of 158
Better than 100% of the companies in the industry

Industry median: gross profit DKK 2.3m, net profit DKK 277k, equity DKK 1.3m, 3 employees.

DKK 100kDKK 935kDKK 8.7mDKK 81.8mDKK 362.9mHere
Distribution of gross profit for 152 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 1,000 employees or more177 companies in the comparison
No. 85of 147
Better than 42%
No. 113of 177
Better than 36%
Companies that are at least 30 years old10,276 companies in the comparison
No. 120of 10,152
Better than 99%
No. 384of 10,275
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 190of 17,786
Better than 99%
No. 740of 18,024
Better than 96%

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

Retail sale of electrical household appliances
Gross profit
  1. Elgiganten A/SDKK 764.4m
  2. Power A/SDKK 430.6m
  3. Whiteaway A/SDKK 144.1m
Net profit
  1. Elgiganten A/SDKK 67.6m
  2. Power A/SDKK 47.7m
  3. Whiteaway A/SDKK 22m
Equity
  1. Elgiganten A/SDKK 479.5m
  2. Power A/SDKK 384.3m
  3. Whiteaway A/SDKK 124.5m
Employees
  1. Elgiganten A/S2,181
  2. Power A/S1,117
  3. Whiteaway A/S285

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
  • Elkjøp Nordic AS100%
Elgiganten A/S

Management

6 active registrations

Executive management

Executive management at Elgiganten A/S
NameRoleAppointed
Peder StedalCEO30/11/2012

Board of directors

Board of directors at Elgiganten A/S
NameRoleAppointed
Jan Ole HammarlundBoard member08/06/2020
Lill Beate PedersenBoard member08/06/2020
Thomas Ørsal HegerlundBoard member01/03/2023
Morten SyversenBoard member01/05/2026
Niclas Bo ErikssonChair of the board03/08/2026
Auditor
KPMG P/S
Founders
Harald Nicolaj Westergaard, Mads Anders Michael Berendt, Elkjøp Invest Asa
Former management (40)
Former management at Elgiganten A/S
NameRoleAppointedResigned
Harald Nicolaj WestergaardBoard member05/07/199330/05/1997
Harald Nicolaj WestergaardDirector05/07/199307/08/1996
Mads Anders Michael BerendtBoard member05/07/199330/05/1997
Pål Christian MathisenBoard member05/07/199301/10/1997
Hans Fredrik SteenbuchBoard member05/07/199313/09/1999
Hans Fredrik SteenbuchDirector05/07/199301/10/1997
Ståle LindgrenBoard member30/05/199701/10/1997
Michael MønsterBoard member01/10/199715/09/1998
Michael MønsterDirector01/10/199721/04/1999
Poul BønsøeDirector15/09/199817/12/1998
Thor Ståle BjarmannBoard member15/09/199814/09/2000
Thor Ståle BjarmannCEO15/09/199817/12/1998
Jan Ole HammarlundDirector17/12/199805/04/2005
Morten BoysenDirector21/04/199914/09/2000
Øivind TidemandsenChair of the board13/09/199914/09/2000
Per BjørgåsChair of the board14/09/200005/04/2005
Geir-Tommy LilandBoard member14/09/200019/10/2001
Geir LangbakkenBoard member14/09/200030/05/2002
Kristian Alveberg KulsrudBoard member14/09/200022/04/2004
Jan Ole HammarlundBoard member30/05/200220/04/2010
Hans Fredrik SteenbuchBoard member22/04/200405/04/2005
Ronny BlomsethChair of the board05/04/200531/05/2012
Nils-Petter BjørnstadBoard member05/04/200522/02/2008
Stig Helge MyklebustDirector12/12/200622/02/2008
Jesper BoysenDirector22/02/200830/11/2012
Aldo Giovanni ScoppaBoard member20/04/201008/06/2020
Jesper BoysenBoard member31/05/201230/11/2012
Peder StedalBoard member30/11/201228/02/2013
Marianne NøklebyBoard member28/02/201330/01/2020
Jaan Ivar Gjærum SemlitschChair of the board28/02/201311/06/2019
Per SigvardssonBoard member28/02/201301/06/2015
Marianne KuråsBoard member28/02/201314/09/2016
Per WernerssonBoard member01/06/201521/10/2021
Kenneth ThuBoard member14/09/201630/05/2017
Erik Gunset SønsterudBoard member30/05/201710/06/2019
Erik Gunset SønsterudChair of the board11/06/201911/04/2023
Andreas Ørnholt WestgaardBoard member30/01/202001/03/2023
Fredrik TønnesenBoard member21/10/202110/04/2023
Fredrik TønnesenChair of the board11/04/202303/08/2026
Hans Gunnar TrollängBoard member11/04/202301/05/2026

Signing rule: Selskabet tegnes af bestyrelsens formand alene, to bestyrelsesmedlemmer i forening, af et bestyrelsesmedlem i forening med en direktør eller af den samlede bestyrelse.

Address and production units

58 active production units

Arne Jacobsens Allé 7
2300 København S

København Municipality · Postcode 2300

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
ELGIGANTEN A/S HovedkontorArne Jacobsens Allé 7, 7, 2300 København S1061010303482
ELGIGANTEN OdenseGørtlervej 11, 5230 Odense M891002906838
ELGIGANTEN GentofteNybrovej 2, 2820 Gentofte841003428382
ELGIGANTEN AalborgVandmanden 5A, 1, 9200 Aalborg SV831002907172
ELGIGANTEN HerlevHerlev Hovedgade 45-47, 2730 Herlev701002907019
ELGIGANTEN GlostrupHovedvejen 169-173, 2600 Glostrup651003775790
ELGIGANTEN FIELDSArne Jacobsens Allé 12, 2300 København S611010439031
Elgiganten SønderborgGrundtvigs Plads 14, st, 6400 Sønderborg601016336307
ELGIGANTEN RandersMarsvej 16, 8960 Randers SØ571002906747
Elgiganten SilkeborgViborgvej 8, 8600 Silkeborg561017056685
ELGIGANTEN HolbækStenhusvej 66, 4300 Holbæk541002907135
ELGIGANTEN EsbjergKjersing Ringvej 26, 6715 Esbjerg N521003435194
ELGIGANTEN NæstvedVestergårdsvej 58, 4700 Næstved521002906863
Elgiganten VejleDamhaven 9, 7100 Vejle501016101326
ELGIGANTEN KoldingSkovvangen 42, 1115, 6000 Kolding491008907877

Showing 15 of 58 units (sorted by employees).

Purpose

Selskabets formål er at drive virksomhed ved handel, udlejning af løsøre samt anden i forbindelse hermed stående virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

112 registered events
20265 changesaddress 1 · management 4
  • Moved to Arne Jacobsens Allé 7, 7, 2300 København S
  • Niclas Bo Eriksson appointed chair of the board
  • Fredrik Tønnesen stepped down as chair of the board
  • Morten Syversen appointed board member
  • Hans Gunnar Trolläng stepped down as board member
20251 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
20237 changesaccounts 1 · management 6
  • Annual report for 2023 published
  • Hans Gunnar Trolläng appointed board member
  • Fredrik Tønnesen appointed chair of the board
  • Erik Gunset Sønsterud stepped down as chair of the board
  • Fredrik Tønnesen stepped down as board member
  • Thomas Ørsal Hegerlund appointed board member
  • Andreas Ørnholt Westgaard stepped down as board member
20221 changeaccounts 1
  • Annual report for 2022 published
20213 changesmanagement 2 · accounts 1
  • Fredrik Tønnesen appointed board member
  • Per Wernersson stepped down as board member
  • Annual report for 2021 published
20207 changesaccounts 1 · address 1 · management 5
  • Annual report for 2020 published
  • Moved to Arne Jacobsens Allé 16, 2, 2300 København S
  • Jan Ole Hammarlund appointed board member
  • Lill Beate Pedersen appointed board member
  • Aldo Giovanni Scoppa stepped down as board member
  • Andreas Ørnholt Westgaard appointed board member
  • Marianne Nøkleby stepped down as board member
20193 changesmanagement 3
  • Erik Gunset Sønsterud appointed chair of the board
  • Jaan Ivar Gjærum Semlitsch stepped down as chair of the board
  • Erik Gunset Sønsterud stepped down as board member
20172 changesmanagement 2
  • Erik Gunset Sønsterud appointed board member
  • Kenneth Thu stepped down as board member
20162 changesmanagement 2
  • Kenneth Thu appointed board member
  • Marianne Kurås stepped down as board member
20152 changesmanagement 2
  • Per Wernersson appointed board member
  • Per Sigvardsson stepped down as board member
20136 changesmerger 1 · management 5
  • Merger registered in CVR
  • Per Sigvardsson appointed board member
  • Marianne Nøkleby appointed board member
  • Marianne Kurås appointed board member
  • Jaan Ivar Gjærum Semlitsch appointed chair of the board
  • Peder Stedal stepped down as board member
20126 changesmanagement 6
  • Peder Stedal appointed board member
  • Peder Stedal appointed ceo
  • Jesper Boysen stepped down as board member
  • Jesper Boysen stepped down as director
  • Jesper Boysen appointed board member
  • Ronny Blomseth stepped down as chair of the board
20103 changesaddress 1 · management 2
  • Moved to Arne Jacobsens Allé 16, 2, 2300 København S
  • Aldo Giovanni Scoppa appointed board member
  • Jan Ole Hammarlund stepped down as board member
20086 changesownership 1 · capital 1 · management 3 · industry 1
  • Elkjøp Nordic AS registered as owner (100%)
  • Share capital changed from 20,000,000 DKK to 21,000,000 DKK
  • Jesper Boysen appointed director
  • Stig Helge Myklebust stepped down as director
  • Nils-Petter Bjørnstad stepped down as board member
  • Industry changed to Retail sale of electrical household appliances (475400)
20061 changemanagement 1
  • Stig Helge Myklebust appointed director
20055 changesmanagement 5
  • Nils-Petter Bjørnstad appointed board member
  • Ronny Blomseth appointed chair of the board
  • Hans Fredrik Steenbuch stepped down as board member
  • Per Bjørgås stepped down as chair of the board
  • Jan Ole Hammarlund stepped down as director
20042 changesmanagement 2
  • Hans Fredrik Steenbuch appointed board member
  • Kristian Alveberg Kulsrud stepped down as board member
20023 changesmanagement 2 · merger 1
  • Jan Ole Hammarlund appointed board member
  • Geir Langbakken stepped down as board member
  • Merger registered in CVR
20014 changesmanagement 1 · capital 2 · name 1
  • Geir-Tommy Liland stepped down as board member
  • Share capital changed from 19,000,000 DKK to 20,000,000 DKK
  • Name changed from ELGIGANTEN KØKKENLAND A/S to ELGIGANTEN A/S
  • Share capital changed from 17,000,000 DKK to 19,000,000 DKK
20008 changesaddress 1 · management 7
  • Moved to Hovedvejen 169-173, 2600 Glostrup
  • Per Bjørgås appointed chair of the board
  • Kristian Alveberg Kulsrud appointed board member
  • Geir Langbakken appointed board member
  • Geir-Tommy Liland appointed board member
  • Øivind Tidemandsen stepped down as chair of the board
  • Morten Boysen stepped down as director
  • Thor Ståle Bjarmann stepped down as board member
19996 changescapital 2 · management 4
  • Share capital changed from 14,000,000 DKK to 17,000,000 DKK
  • Øivind Tidemandsen appointed chair of the board
  • Hans Fredrik Steenbuch stepped down as board member
  • Share capital changed from 12,000,000 DKK to 14,000,000 DKK
  • Morten Boysen appointed director
  • Michael Mønster stepped down as director
19988 changesmanagement 7 · name 1
  • Jan Ole Hammarlund appointed director
  • Thor Ståle Bjarmann stepped down as ceo
  • Poul Bønsøe stepped down as director
  • Name changed from ELGIGANTEN KØBENHAVN A/S to ELGIGANTEN KØKKENLAND A/S
  • Thor Ståle Bjarmann appointed board member
  • Thor Ståle Bjarmann appointed ceo
  • Poul Bønsøe appointed director
  • Michael Mønster stepped down as board member
199711 changescapital 3 · management 8
  • Share capital changed from 11,200,000 DKK to 12,000,000 DKK
  • Michael Mønster appointed board member
  • Michael Mønster appointed director
  • Ståle Lindgren stepped down as board member
  • Hans Fredrik Steenbuch stepped down as director
  • Pål Christian Mathisen stepped down as board member
  • Share capital changed from 10,000,000 DKK to 11,200,000 DKK
  • Ståle Lindgren appointed board member
  • Mads Anders Michael Berendt stepped down as board member
  • Harald Nicolaj Westergaard stepped down as board member
  • Share capital changed from 500,000 DKK to 10,000,000 DKK
19962 changesname 1 · management 1
  • Name changed from GIGANTEN A/S to ELGIGANTEN KØBENHAVN A/S
  • Harald Nicolaj Westergaard stepped down as director
19937 changesfounded 1 · management 6
  • Registered as GIGANTEN A/S
  • Harald Nicolaj Westergaard appointed director
  • Hans Fredrik Steenbuch appointed director
  • Hans Fredrik Steenbuch appointed board member
  • Pål Christian Mathisen appointed board member
  • Mads Anders Michael Berendt appointed board member
  • Harald Nicolaj Westergaard appointed board member

Related companies

Same people in management

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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.

View in CVRReport a correction