Elworks A/S
Public limited companyCVR 58585610KoldingActive
Elworks A/S is a public limited company, based in Kolding, active in wholesale of other machinery and equipment, founded in 1976. Net profit rose 69% from 2024 to 2025, ending at DKK 7.7m. Profit has grown three years in a row. Gross profit is higher than that of 78% of the companies in the industry in the database.
Key figures · financial year 2025
Gross profitDKK 18.7m+11.5% vs. 2024
Net profitDKK 7.7m+69.3% vs. 2024
EquityDKK 30.4m+11.6% vs. 2024
Employees6latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 11% (2024 → 2025), to DKK 18.7m.
- Net profit rose 69% (2024 → 2025), to DKK 7.7m.
- Equity rose 12% (2024 → 2025), to DKK 30.4m.
Employees
- 8 fewer employees than a year earlier: 6 (07/2026) against 14 (07/2025).
Management and owners, last 24 months
- New in management: Egil Moesgaard (board member, 01/11/2024) and Egil Moesgaard (ceo, 01/11/2024).
- Stepped down: Henrik Nøhr (board member, 01/11/2024) and Henrik Nøhr (director, 01/11/2024).
Registrations, last 24 months
- 11/11/2025: Moved to Nordager 3, 6000 Kolding
- 09/10/2025: Moved to Hjørringvej 165, 9900 Frederikshavn
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 | 19,623 | 17,929 | 7,260 | 12,759 | 16,753 | 18,676 | +11.5% |
| Operating profit (EBIT) | 9,317 | 6,377 | −3,969 | 1,980 | 6,281 | 9,712 | +54.6% |
| Profit before tax | 9,150 | 6,311 | −4,106 | 1,623 | 5,823 | 9,851 | +69.2% |
| Net profit | 7,132 | 4,933 | −3,224 | 1,270 | 4,544 | 7,694 | +69.3% |
| Total assets | 54,415 | 50,896 | 59,799 | 45,077 | 49,044 | 67,051 | +36.7% |
| Equity | 39,228 | 39,161 | 31,437 | 32,707 | 27,251 | 30,402 | +11.6% |
| Liabilities | 15,186 | 11,735 | 28,362 | 12,370 | 21,792 | 36,139 | +65.8% |
| Cash and cash equivalents | 15,874 | 2,852 | 10,805 | 9,524 | 9,469 | 23,021 | +143.1% |
| Average number of employees | 18 | 20 | 18 | 16 | 15 | 12 | −20% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 11/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 20/03/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 01/03/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/03/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 01/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 08/03/2021 | 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
1,000 companies in the databaseComparison with the other companies in wholesale of other machinery and equipment based on the latest financial year.
Gross profitDKK 18.7mNo. 224 of 1,000
Better than 78% of the companies in the industry
EquityDKK 30.4mNo. 153 of 1,000
Better than 85% of the companies in the industry
Number of employees6No. 308 of 1,000
Better than 69% of the companies in the industry
Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 1,690of 69,742 Better than 98% | No. 4,434of 69,964 Better than 94% |
| Same industry and fewer than 20 employees769 companies in the comparison | No. 38of 769 Better than 95% | No. 44of 769 Better than 94% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 2,962of 10,152 Better than 71% | No. 2,743of 10,275 Better than 73% |
| All companies of type A/S18,025 companies in the comparison | No. 6,263of 17,786 Better than 65% | No. 4,885of 18,024 Better than 73% |
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
Wholesale of other machinery and equipmentGross profit
- Elworks A/SDKK 18.7m
- HydraSpecma A/SDKK 854.1m
- Sanovo Technology A/SDKK 779.2m
Net profit
- Elworks A/SDKK 7.7m
- HydraSpecma A/SDKK 142.1m
- Sanovo Technology A/SDKK 204.2m
Equity
- Elworks A/SDKK 30.4m
- HydraSpecma A/SDKK 1.2bn
- Sanovo Technology A/SDKK 592.3m
Employees
- Elworks A/S6
- HydraSpecma A/S365
- Sanovo Technology A/S216
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
Elworks A/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Egil Moesgaard | CEO | 01/11/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Christian Søgaard-Christensen | Deputy chair | 30/11/2023 |
| Kristian Muldbak Andersen | Chair of the board | 30/11/2023 |
| Egil Moesgaard | Board member | 01/11/2024 |
Former management (21)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Henrik Holst Andersen | Board member | 29/06/1976 | 30/08/2017 |
| Steen Asbjørn Larsen | Board member | 29/06/1976 | 31/08/2017 |
| Hans Jørgen Kaptain | Board member | 29/06/1976 | 09/05/2017 |
| John Andersen | Board member | 29/06/1976 | 04/06/1996 |
| John Andersen | Director | 29/06/1976 | 04/06/1996 |
| Kurt Hansen | Board member | 29/06/1976 | 18/06/1992 |
| Jens Træde | Board member | 03/06/1993 | 04/06/1996 |
| Poul Sloth | Board member | 13/12/1993 | 10/05/2017 |
| Henrik Holst Andersen | Director | 08/12/1994 | 01/03/2022 |
| Peter Holst Andersen | Board member | 04/06/1996 | 31/08/2017 |
| Peter Holst Andersen | Director | 26/06/2003 | 10/05/2017 |
| Bo Westberg Rasmussen | Board member | 25/06/2008 | 10/05/2017 |
| Hans Jørgen Kaptain | Chair of the board | 10/05/2017 | 31/08/2017 |
| Henrik Holst Andersen | Board member | 31/08/2017 | 01/03/2022 |
| Jan Meldgaard Christensen | Board member | 31/08/2017 | 21/03/2019 |
| Morten Ørding Trolle | Chair of the board | 31/08/2017 | 26/02/2020 |
| Tony Norman Christensen | Board member | 21/03/2019 | 26/02/2020 |
| Michael Lichtenberg Crone | Deputy chair | 26/02/2020 | 30/11/2023 |
| Karsten Bækgård Nielsen | Chair of the board | 26/02/2020 | 30/11/2023 |
| Henrik Nøhr | Board member | 01/03/2022 | 01/11/2024 |
| Henrik Nøhr | Director | 01/03/2022 | 01/11/2024 |
Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsens formand eller af to bestyrelsesmedlemmer i forening
Address and production units
2 active production unitsNordager 3
6000 Kolding
Kolding Municipality · Postcode 6000
Other companies at the address (1)
- G. Funder A/SWholesale of other household goods n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Elworks A/S | Hjørringvej 165, 9900 Frederikshavn | 4 | 1031840763 |
| ELWORKS A/S | Nordager 3, 6000 Kolding | 2 | 1002083993 |
Purpose
Selskabets formål er at drive fabrikation, handel, import og export og anden i forbindelse hermed stående virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
66 registered events02015
12016
142017
02018
22019
42020
12021
62022
52023
52024
32025
12026
20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20253 changesaddress 2 · accounts 1
- AddressMoved to Nordager 3, 6000 Kolding
- AddressMoved to Hjørringvej 165, 9900 Frederikshavn
- AccountsAnnual report for 2024 published
20245 changesmanagement 4 · accounts 1
- ManagementEgil Moesgaard appointed ceo
- ManagementEgil Moesgaard appointed board member
- ManagementHenrik Nøhr stepped down as board member
- ManagementHenrik Nøhr stepped down as director
- AccountsAnnual report for 2023 published
20235 changesmanagement 4 · accounts 1
- ManagementKristian Muldbak Andersen appointed chair of the board
- ManagementChristian Søgaard-Christensen appointed deputy chair
- ManagementMichael Lichtenberg Crone stepped down as deputy chair
- ManagementKarsten Bækgård Nielsen stepped down as chair of the board
- AccountsAnnual report for 2022 published
20226 changesaddress 1 · management 4 · accounts 1
- AddressMoved to Knivholtvej 13, 9900 Frederikshavn
- ManagementHenrik Nøhr appointed board member
- ManagementHenrik Nøhr appointed director
- ManagementHenrik Holst Andersen stepped down as board member
- ManagementHenrik Holst Andersen stepped down as director
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20204 changesmanagement 4
- ManagementMichael Lichtenberg Crone appointed deputy chair
- ManagementKarsten Bækgård Nielsen appointed chair of the board
- ManagementTony Norman Christensen stepped down as board member
- ManagementMorten Ørding Trolle stepped down as chair of the board
20192 changesmanagement 2
- ManagementTony Norman Christensen appointed board member
- ManagementJan Meldgaard Christensen stepped down as board member
201714 changesmanagement 12 · ownership 2
- ManagementJan Meldgaard Christensen appointed board member
- ManagementMorten Ørding Trolle appointed chair of the board
- ManagementHenrik Holst Andersen appointed board member
- ManagementHans Jørgen Kaptain stepped down as chair of the board
- ManagementPeter Holst Andersen stepped down as board member
- ManagementSteen Asbjørn Larsen stepped down as board member
- OwnershipLEMVIGH-MüLLER A/S registered as owner (100%)
- OwnershipHolst Andersen Group Holding ApS is no longer registered as owner
- ManagementHenrik Holst Andersen stepped down as board member
- ManagementHans Jørgen Kaptain appointed chair of the board
- ManagementBo Westberg Rasmussen stepped down as board member
- ManagementPeter Holst Andersen stepped down as director
- ManagementPoul Sloth stepped down as board member
- ManagementHans Jørgen Kaptain stepped down as board member
20161 changeaddress 1
- AddressMoved to Knivholtvej 13, 9900 Frederikshavn
20102 changesaddress 1 · name 1
- AddressMoved to Knivholtvej 13, 9900 Frederikshavn
- NameName changed from B&H EL-ARTIKLER A/S to ELWORKS A/S
20082 changesmanagement 1 · industry 1
- ManagementBo Westberg Rasmussen appointed board member
- IndustryIndustry changed to Engroshandel med andre maskiner og andet udstyr (466900)
20041 changeindustry 1
- IndustryIndustry changed to Engroshandel med el-installationsmateriel (518710)
20032 changesmanagement 1 · ownership 1
- ManagementPeter Holst Andersen appointed director
- OwnershipHolst Andersen Group Holding ApS registered as owner (100%)
19972 changescapital 2
- CapitalShare capital changed from 460,000 DKK to 500,000 DKK
- CapitalShare capital changed from 500,000 DKK to 460,000 DKK
19964 changesmanagement 4
- ManagementPeter Holst Andersen appointed board member
- ManagementJens Træde stepped down as board member
- ManagementJohn Andersen stepped down as director
- ManagementJohn Andersen stepped down as board member
19941 changemanagement 1
- ManagementHenrik Holst Andersen appointed director
19932 changesmanagement 2
- ManagementPoul Sloth appointed board member
- ManagementJens Træde appointed board member
19921 changemanagement 1
- ManagementKurt Hansen stepped down as board member
19767 changesfounded 1 · management 6
- FoundedRegistered as B&H EL-ARTIKLER A/S
- ManagementSteen Asbjørn Larsen appointed board member
- ManagementKurt Hansen appointed board member
- ManagementJohn Andersen appointed director
- ManagementJohn Andersen appointed board member
- ManagementHans Jørgen Kaptain appointed board member
- ManagementHenrik Holst Andersen appointed board member
Related companies
Same industry in Kolding
- Still Danmark A/S156 employees
- SonFlow A/S44 employees
- Palby Marine A/S35 employees
- Beckhoff Automation ApS33 employees
- Vikiallo ApS31 employees
- Sam Partner A/S29 employees
Same people in management
- Lemvigh-müller A/Svia Christian Søgaard-Christensen
- Saint-gobain Distribution Denmark A/Svia Jens Træde
- Dansk Træemballage A/Svia Hans Jørgen Kaptain
- Im. Stiholt A/Svia Hans Jørgen Kaptain
- Torm A/Svia Christian Søgaard-Christensen
- Scandic Pelagic A/Svia Hans Jørgen Kaptain
Largest in the industry
- HydraSpecma A/SDKK 854.1m
- Sanovo Technology A/SDKK 779.2m
- ABB A/SDKK 608.4m
- Macartney A/SDKK 487m
- Toyota Material Handling Danmark A/SDKK 395.5m
- Alstom Transport Danmark A/SDKK 327.3m
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.