Etcas A/S
Public limited companyCVR 27761437FredericiaActive
Etcas A/S is a public limited company, based in Fredericia, active in repair of electrical equipment, founded in 2004. The company went from a profit in 2024 to a loss of DKK 455k in 2025. Equity fell to DKK 2m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 6% (2024 → 2025), to DKK 7.2m.
- Net profit went from a profit of DKK 545k to a loss of DKK 455k (2024 → 2025).
- Equity fell 42% (2024 → 2025), to DKK 2m.
Management and owners, last 24 months
- New in management: Carsten Alslev Christensen (chair of the board, 20/08/2026).
- Stepped down: Jesper Bjarne Haugaard (chair of the board, 20/08/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Repair of electrical equipment (331400)
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 | 9,582 | 6,390 | 8,778 | 9,054 | 7,722 | 7,228 | −6.4% |
| Operating profit (EBIT) | −269 | −2,083 | 1,320 | 1,685 | 799 | −548 | −168.6% |
| Profit before tax | −274 | −2,096 | 1,269 | 1,608 | 763 | −579 | −175.9% |
| Net profit | −218 | −2,043 | 1,382 | 1,238 | 545 | −455 | −183.4% |
| Total assets | 7,452 | 7,510 | 6,690 | 5,962 | 6,387 | 5,940 | −7% |
| Equity | 3,075 | 832 | 2,214 | 3,202 | 3,498 | 2,043 | −41.6% |
| Liabilities | 4,378 | 6,679 | 4,476 | 2,743 | 2,865 | 3,858 | +34.7% |
| Cash and cash equivalents | 248 | 275 | 233 | 1,089 | 2,610 | 1,023 | −60.8% |
| Average number of employees | 19 | 15 | 14 | 14 | 13 | 13 | 0% |
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
Signals from the financial statements
calculated from the 2025 figuresEquity fell sharply
Equity fell 42% from 2024 to 2025 (DKK 3.5m to DKK 2m).
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 07/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 31/03/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 21/12/2023 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 16/02/2023 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 15/03/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 22/02/2021 | 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
77 companies in the databaseComparison with the other companies in repair of electrical equipment based on the latest financial year.
Industry median: gross profit DKK 4.6m, net profit DKK 588k, equity DKK 3.5m, 9 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. 8,188of 69,742 Better than 88% | No. 24,060of 69,964 Better than 66% |
| Same industry and fewer than 20 employees54 companies in the comparison | No. 15of 54 Better than 74% | No. 27of 54 Better than 51% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 7,591of 24,791 Better than 69% | No. 14,455of 24,909 Better than 42% |
| All companies of type A/S18,025 companies in the comparison | No. 10,428of 17,786 Better than 41% | No. 14,486of 18,024 Better than 20% |
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
Repair of electrical equipment- Etcas A/SDKK 7.2m
- Zeppelin Danmark A/SDKK 315.3m
- Swire Renewable Energy A/SDKK 254.8m
- Etcas A/S−DKK 455k
- Zeppelin Danmark A/SDKK 46.6m
- Swire Renewable Energy A/S−DKK 125.2m
- Etcas A/SDKK 2m
- Zeppelin Danmark A/SDKK 360.1m
- Swire Renewable Energy A/SDKK 84.6m
- Etcas A/S14
- Zeppelin Danmark A/S327
- Swire Renewable Energy A/S282
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Eaut Holding ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Steen Aalbæk Pedersen | CEO | 01/11/2017 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Steen Aalbæk Pedersen | Board member | 30/11/2006 |
| Svend Kristian Koldsø Olesen | Board member | 30/11/2006 |
| Carsten Alslev Christensen | Chair of the board | 20/08/2026 |
- Founders
- Svend Kristian Koldsø Olesen
Former management (8)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Svend Kristian Koldsø Olesen | Director | 28/05/2004 | 01/03/2021 |
| Preben Skou-Nielsen | Board member | 30/11/2006 | 05/11/2009 |
| Anna Marie Damgaard Kristensen | Board member | 07/06/2007 | 01/11/2017 |
| Karsten Hansen | Chair of the board | 05/11/2009 | 01/11/2017 |
| Thomas Vilsmark Olesen | Board member | 05/11/2009 | 01/03/2021 |
| Kim Holst | Chair of the board | 01/11/2017 | 01/03/2021 |
| Steen Christensen Stærk | Board member | 01/11/2017 | 01/03/2021 |
| Jesper Bjarne Haugaard | Chair of the board | 01/03/2021 | 20/08/2026 |
Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af en direktør i forening med et bestyrelsesmedlem.
Address and production units
1 active production unitsNordensvej 1
7000 Fredericia
Fredericia Municipality · Postcode 7000
Other companies at the address (2)
- Factum Regnskab og Bogholderi Taulov ApSAccounting, bookkeeping and auditing; tax consultancy
- Heco et al ApSMarket research and public opinion polling
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Etcas a/s | Nordensvej 1, 7000 Fredericia | 14 | 1024827891 |
Purpose
Selskabets formål er at drive industrivirksomhed
The purpose is quoted from the register in Danish.
Changes year by year
36 registered events20263 changesmanagement 2 · accounts 1
- ManagementCarsten Alslev Christensen appointed chair of the board
- ManagementJesper Bjarne Haugaard stepped down as chair of the board
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Repair of electrical equipment (331400)
20232 changesaccounts 2
- AccountsAnnual report for 2023 published
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20216 changesmanagement 5 · accounts 1
- ManagementJesper Bjarne Haugaard appointed chair of the board
- ManagementSteen Christensen Stærk stepped down as board member
- ManagementKim Holst stepped down as chair of the board
- ManagementThomas Vilsmark Olesen stepped down as board member
- ManagementSvend Kristian Koldsø Olesen stepped down as director
- AccountsAnnual report for 2020 published
20191 changeaddress 1
- AddressMoved to Nordensvej 1, Taulov, 7000 Fredericia
20181 changeaddress 1
- AddressMoved to Karetmagervej 27, Snoghøj, 7000 Fredericia
20176 changesname 1 · management 5
- NameName changed from ETC TEKNIK A/S to ETCAS A/S
- ManagementSteen Christensen Stærk appointed board member
- ManagementKim Holst appointed chair of the board
- ManagementSteen Aalbæk Pedersen appointed ceo
- ManagementKarsten Hansen stepped down as chair of the board
- ManagementAnna Marie Damgaard Kristensen stepped down as board member
20094 changesmanagement 3 · ownership 1
- ManagementThomas Vilsmark Olesen appointed board member
- ManagementKarsten Hansen appointed chair of the board
- ManagementPreben Skou-Nielsen stepped down as board member
- OwnershipEAUT HOLDING ApS registered as owner (100%)
20081 changeindustry 1
- IndustryIndustry changed to Repair of electrical equipment (331400)
20071 changemanagement 1
- ManagementAnna Marie Damgaard Kristensen appointed board member
20066 changesname 1 · management 3 · capital 2
- NameName changed from ETC TEKNIK ApS to ETC TEKNIK A/S
- ManagementSteen Aalbæk Pedersen appointed board member
- ManagementPreben Skou-Nielsen appointed board member
- ManagementSvend Kristian Koldsø Olesen appointed board member
- CapitalShare capital changed from 245,098 DKK to 500,000 DKK
- CapitalShare capital changed from 125,000 DKK to 245,098 DKK
20042 changesfounded 1 · management 1
- FoundedRegistered as ETC TEKNIK ApS
- ManagementSvend Kristian Koldsø Olesen appointed director
Related companies
Same industry in Fredericia
- Muehlhan Wind Service A/S541 employees
- Latter Electronic ApS3 employees
Same people in management
- Bravida Danmark A/Svia Jesper Bjarne Haugaard
- Nielsen Car Group A/Svia Jesper Bjarne Haugaard
- BITZER Electronics A/Svia Anna Marie Damgaard Kristensen
- VB Alliancen A/Svia Steen Christensen Stærk
- Dahl Pedersen A/Svia Jesper Bjarne Haugaard
- Nielsen Car Group Administration A/Svia Jesper Bjarne Haugaard
Largest in the industry
- Zeppelin Danmark A/SDKK 315.3m
- Swire Renewable Energy A/SDKK 254.8m
- Ven-to ApSDKK 146.2m
- Connected Wind Services Danmark A/SDKK 98.9m
- Muehlhan Wind Service A/SDKK 59.1m
- KK Partner A/SDKK 57.4m
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.