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Ellab A/S

Public limited companyCVR 20896949HillerødActive

Ellab A/S is a public limited company, based in Hillerød, active in manufacture of irradiation, electromedical and electrotherapeutic equipment, founded in 1998. After a loss in 2024, the company made a profit of DKK 28.1m in 2025. Measured by gross profit, it ranks no. 1 of 29 companies in the industry in the database. With 242 employees, the company is about 30 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 986.4m−1% vs. 2024
Net profitDKK 28.1m+244.8% vs. 2024
EquityDKK 2.5bn−3.2% vs. 2024
Employees242latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 2% (2024 → 2025), to DKK 535.3m.
  • Net profit went from a loss of DKK 19.4m to a profit of DKK 28.1m (2024 → 2025).
  • Equity fell 3% (2024 → 2025), to DKK 2.5bn.

Employees

  • 24 more employees than a year earlier: 242 (07/2026) against 218 (07/2025).

Management and owners, last 24 months

  • New in management: Gergely Svéd (ceo, 01/06/2025), Oluf Riddersholm (director, 01/01/2026) and Andreas Morthorst (ceo, 27/03/2025) (+1).
  • Stepped down: Olof Ludvig Enlund (ceo, 27/03/2025), Andreas Morthorst (director, 26/03/2025) and Andreas Morthorst (ceo, 31/05/2025) (+1).
  • New owners registered: Echo BidCo A/S (11/12/2024).
  • No longer registered as owner: Kelvin BidCo A/S (11/12/2024).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of irradiation, electromedical and electrotherapeutic equipment (266090)
  • 11/12/2024: Merger registered in CVR

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 2017–2025 · amounts in DKK thousand

Equity and net profit

−DKK 500mDKK 0DKK 500mDKK 1bnDKK 1.5bnDKK 2bnDKK 2.5bn201720182019202020212022202320242025
EquityNet profit
Financial figures for Ellab A/S
201720182019202020212022202320242025Change
Revenuenot statednot statednot stated395,526497,171650,800858,200996,200986,400−1%
Gross profit98,96299,894122,871265,941326,329415,900510,000544,500535,300−1.7%
Operating profit (EBIT)62,81962,10875,544116,352158,153185,300185,20073,30050,200−31.5%
Profit before tax62,89065,15593,749115,627147,230186,800171,000−23,80030,500+228.2%
Net profit49,93353,16674,95185,69497,014136,500131,100−19,40028,100+244.8%
Total assets130,872174,775271,487449,198516,540676,0001,145,7003,216,5003,072,900−4.5%
Equity106,982158,817235,222214,820268,581415,500496,8002,593,9002,512,000−3.2%
Liabilities23,79015,95836,265234,378247,958260,500648,900622,600560,900−9.9%
Cash and cash equivalents53,66383,71760,49060,38491,581106,000107,900112,400111,800−0.5%
Average number of employees727784–370477––––

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 2017, 2018, 2019: 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 100mDKK 200mDKK 300mDKK 400mDKK 500m201720182019202020212022202320242025
Gross profitMedian, the industry (29 companies)

Annual reports

9 financial years
Annual reports for Ellab A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202410/06/2025The companyPDF not statedXBRL
202301/05/2022 – 30/04/202304/06/2024The companyPDF not statedXBRL
202201/05/2021 – 30/04/202202/09/2022The companyPDFXBRL
202101/05/2020 – 30/04/202115/09/2021The companyPDFXBRL
202001/05/2019 – 30/04/202001/10/2020The companyPDFXBRL
201901/05/2018 – 30/04/201923/09/2019The companyPDFXBRL
201801/05/2017 – 30/04/201821/09/2018The companyPDFXBRL
201701/05/2016 – 30/04/201719/09/2017The 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
05010015020025008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

29 companies in the database

Comparison with the other companies in manufacture of irradiation, electromedical and electrotherapeutic equipment based on the latest financial year.

Gross profitDKK 535.3mNo. 1 of 29
Better than 100% of the companies in the industry
EquityDKK 2.5bnNo. 1 of 29
Better than 100% of the companies in the industry
Number of employees242No. 1 of 29
Better than 100% of the companies in the industry

Industry median: gross profit DKK 4.1m, net profit −DKK 19,595, equity DKK 4.9m, 8 employees.

DKK 300kDKK 1.9mDKK 12.7mDKK 82.4mDKK 286.8mHere
Distribution of gross profit for 24 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 200–499 employees796 companies in the comparison
No. 46of 763
Better than 94%
No. 26of 796
Better than 97%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 101of 24,791
Better than 100%
No. 97of 24,909
Better than 100%
All companies of type A/S18,025 companies in the comparison
No. 266of 17,786
Better than 99%
No. 191of 18,024
Better than 99%

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

Manufacture of irradiation, electromedical and electrotherapeutic equipment
Gross profit
  1. Ellab A/SDKK 535.3m
  2. Interacoustics A/SDKK 323.8m
  3. Natus Medical Denmark ApSDKK 76.4m
Net profit
  1. Ellab A/SDKK 28.1m
  2. Interacoustics A/SDKK 189.8m
  3. Natus Medical Denmark ApSDKK 270.9m
Equity
  1. Ellab A/SDKK 2.5bn
  2. Interacoustics A/SDKK 792.2m
  3. Natus Medical Denmark ApSDKK 17.7m
Employees
  1. Ellab A/S242
  2. Interacoustics A/S204
  3. Natus Medical Denmark ApS44

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
Ellab A/S

Management

5 active registrations

Executive management

Executive management at Ellab A/S
NameRoleAppointed
Gergely SvédCEO01/06/2025
Oluf RiddersholmDirector01/01/2026

Board of directors

Board of directors at Ellab A/S
NameRoleAppointed
Anders HedegaardChair of the board12/09/2023
Christian SallingBoard member12/09/2023
Henrik Kjær HansenDeputy chair12/09/2023
Founders
Anpartsselskabet Stakemann
Former management (37)
Former management at Ellab A/S
NameRoleAppointedResigned
Kim MadsenChair of the board01/04/199831/08/1998
Peter Andreas StakemannBoard member01/04/199831/08/1998
Peter Andreas StakemannDirector01/04/199831/08/1998
Annemette HellerBoard member01/04/199831/08/1998
Kurt Sander Vamberg RasmussenChair of the board31/08/199812/03/2001
Hans Jørgen Leo NielsenBoard member31/08/199817/08/2016
Hans Jørgen Leo NielsenDirector31/08/199809/08/1999
Kjeld ErkmannDirector31/08/199801/03/2000
Carsten KroghChair of the board31/08/199818/03/2005
Berthold Peter KeltingBoard member31/08/199802/09/2002
Peter KroghCEO09/08/199901/05/2021
Henrik Kim NielsenBoard member21/08/200124/08/2004
Peter KroghBoard member24/08/200426/09/2019
Sys Agnes RovsingChair of the board18/03/200517/08/2016
Thomas Astrup KlitboBoard member17/08/201626/09/2019
Michael RaldowBoard member17/08/201601/01/2019
Dan SoudryBoard member17/08/201621/08/2017
Alireza EtemadBoard member17/08/201626/09/2019
Torben LadegaardChair of the board23/09/201626/09/2019
Rikke Kjær NielsenBoard member26/09/201912/09/2023
Claus BjerreDeputy chair26/09/201930/04/2021
Niels Erik OlsenBoard member26/09/201914/06/2021
Marie Louise Van DamBoard member26/09/201926/09/2019
Bo Harald Peter RisbergChair of the board26/09/201930/04/2021
Sarah Katherine NewbittBoard member26/09/201912/09/2023
Jacob Bryde ChristensenDirector03/08/202031/12/2021
Lars Normand HansenDirector01/10/202001/10/2023
Olof Ludvig EnlundDirector01/10/202004/01/2021
Peter KroghChair of the board01/05/202112/09/2023
Claus BjerreBoard member01/05/202114/06/2021
Bo Harald Peter RisbergDeputy chair01/05/202112/09/2023
Olof Ludvig EnlundCEO01/05/202127/03/2025
Anna Karolina LevanderBoard member14/06/202112/09/2023
Andreas MorthorstDirector01/03/202226/03/2025
Jonas Drachmann GramDeputy chair12/09/202312/09/2023
Andreas MorthorstCEO27/03/202531/05/2025
Andreas MorthorstDirector01/06/202531/12/2025

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør, bestyrelsens næstformand i forening med en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Trollesmindealle 25
3400 Hillerød

Hillerød Municipality · Postcode 3400

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
ELLAB A/STrollesmindealle 25, 3400 Hillerød2441002778814

Purpose

Selskabets formål er at drive handel,service og industri

The purpose is quoted from the register in Danish.

Changes year by year

116 registered events
20262 changesaccounts 1 · management 1
  • Annual report for 2025 published
  • Oluf Riddersholm appointed director
20259 changesmanagement 7 · accounts 1 · industry 1
  • Andreas Morthorst stepped down as director
  • Annual report for 2024 published
  • Gergely Svéd appointed ceo
  • Andreas Morthorst appointed director
  • Andreas Morthorst stepped down as ceo
  • Andreas Morthorst appointed ceo
  • Olof Ludvig Enlund stepped down as ceo
  • Andreas Morthorst stepped down as director
  • Industry changed to Manufacture of irradiation, electromedical and electrotherapeutic equipment (266090)
20246 changesownership 4 · merger 1 · accounts 1
  • Echo BidCo A/S registered as owner (100%)
  • Kelvin BidCo A/S is no longer registered as owner
  • Merger registered in CVR
  • Annual report for 2023 published
  • Kelvin BidCo A/S registered as owner (100%)
  • Saballe TopCo ApS is no longer registered as owner
202312 changesmanagement 11 · merger 1
  • Lars Normand Hansen stepped down as director
  • Christian Salling appointed board member
  • Henrik Kjær Hansen appointed deputy chair
  • Jonas Drachmann Gram appointed deputy chair
  • Jonas Drachmann Gram stepped down as deputy chair
  • Anders Hedegaard appointed chair of the board
  • Anna Karolina Levander stepped down as board member
  • Bo Harald Peter Risberg stepped down as deputy chair
  • Peter Krogh stepped down as chair of the board
  • Rikke Kjær Nielsen stepped down as board member
  • Sarah Katherine Newbitt stepped down as board member
  • Merger registered in CVR
20223 changesaccounts 1 · management 1 · address 1
  • Annual report for 2022 published
  • Andreas Morthorst appointed director
  • Moved to Trollesmindealle 25, 3400 Hillerød
202114 changesmanagement 12 · accounts 1 · merger 1
  • Jacob Bryde Christensen stepped down as director
  • Annual report for 2021 published
  • Anna Karolina Levander appointed board member
  • Claus Bjerre stepped down as board member
  • Niels Erik Olsen stepped down as board member
  • Merger registered in CVR
  • Claus Bjerre appointed board member
  • Olof Ludvig Enlund appointed ceo
  • Bo Harald Peter Risberg appointed deputy chair
  • Peter Krogh appointed chair of the board
  • Peter Krogh stepped down as ceo
  • Claus Bjerre stepped down as deputy chair
  • Bo Harald Peter Risberg stepped down as chair of the board
  • Olof Ludvig Enlund stepped down as director
20205 changesaddress 1 · management 3 · accounts 1
  • Moved to Trollesmindealle 25, 3400 Hillerød
  • Lars Normand Hansen appointed director
  • Olof Ludvig Enlund appointed director
  • Annual report for 2020 published
  • Jacob Bryde Christensen appointed director
201915 changesownership 2 · management 12 · accounts 1
  • Saballe TopCo ApS registered as owner (100%)
  • Saballe BidCo ApS is no longer registered as owner
  • Niels Erik Olsen appointed board member
  • Rikke Kjær Nielsen appointed board member
  • Claus Bjerre appointed deputy chair
  • Marie Louise Van Dam appointed board member
  • Marie Louise Van Dam stepped down as board member
  • Bo Harald Peter Risberg appointed chair of the board
  • Sarah Katherine Newbitt appointed board member
  • Torben Ladegaard stepped down as chair of the board
  • Alireza Etemad stepped down as board member
  • Thomas Astrup Klitbo stepped down as board member
  • Peter Krogh stepped down as board member
  • Annual report for 2019 published
  • Michael Raldow stepped down as board member
20182 changesaddress 1 · accounts 1
  • Moved to Trollesmindealle 25, 3400 Hillerød
  • Annual report for 2018 published
20172 changesaccounts 1 · management 1
  • Annual report for 2017 published
  • Dan Soudry stepped down as board member
201611 changesmanagement 7 · ownership 4
  • Torben Ladegaard appointed chair of the board
  • Alireza Etemad appointed board member
  • Dan Soudry appointed board member
  • Michael Raldow appointed board member
  • Thomas Astrup Klitbo appointed board member
  • Sys Agnes Rovsing stepped down as chair of the board
  • Hans Jørgen Leo Nielsen stepped down as board member
  • Saballe BidCo ApS registered as owner (100%)
  • ELLAB HOLDING A/S is no longer registered as owner
  • KROGH INVEST ApS is no longer registered as owner
  • CONECTIVO HOLDING ApS is no longer registered as owner
20101 changeindustry 1
  • Industry changed to Manufacture of medical and dental instruments and supplies (325000)
20091 changeaddress 1
  • Moved to Trollesmindealle 25, 3400 Hillerød
20082 changesindustry 2
  • Industry changed to Manufacture of irradiation, electromedical and electrotherapeutic equipment (266090)
  • Industry changed to Manufacture of medical and dental instruments and supplies (325000)
20052 changesmanagement 2
  • Sys Agnes Rovsing appointed chair of the board
  • Carsten Krogh stepped down as chair of the board
20045 changesmanagement 2 · ownership 3
  • Peter Krogh appointed board member
  • Henrik Kim Nielsen stepped down as board member
  • ELLAB HOLDING A/S registered as owner (33.33%)
  • KROGH INVEST ApS registered as owner (25%)
  • CONECTIVO HOLDING ApS registered as owner (25%)
20031 changecapital 1
  • Share capital changed from 12,000,000 DKK to 15,000,000 DKK
20021 changemanagement 1
  • Berthold Peter Kelting stepped down as board member
20012 changesmanagement 2
  • Henrik Kim Nielsen appointed board member
  • Kurt Sander Vamberg Rasmussen stepped down as chair of the board
20001 changemanagement 1
  • Kjeld Erkmann stepped down as director
19992 changesmanagement 2
  • Peter Krogh appointed ceo
  • Hans Jørgen Leo Nielsen stepped down as director
199817 changesname 1 · capital 1 · management 14 · founded 1
  • Name changed from A/S PSE 38 NR. 1936 to ELLAB A/S
  • Share capital changed from 500,000 DKK to 12,000,000 DKK
  • Carsten Krogh appointed chair of the board
  • Kjeld Erkmann appointed director
  • Hans Jørgen Leo Nielsen appointed director
  • Hans Jørgen Leo Nielsen appointed board member
  • Kurt Sander Vamberg Rasmussen appointed chair of the board
  • Berthold Peter Kelting appointed board member
  • Annemette Heller stepped down as board member
  • Peter Andreas Stakemann stepped down as board member
  • Kim Madsen stepped down as chair of the board
  • Peter Andreas Stakemann stepped down as director
  • Registered as A/S PSE 38 NR. 1936
  • Annemette Heller appointed board member
  • Peter Andreas Stakemann appointed board member
  • Kim Madsen appointed chair of the board
  • Peter Andreas Stakemann appointed director

Related companies

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 23/10/2026.

View in CVRReport a correction