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HB Connection A/S

Public limited companyCVR 29180199AulumActive

HB Connection A/S is a public limited company, based in Aulum, active in electrical installation, founded in 2005. Net profit fell 16% from 2024 to 2025, ending at DKK 883k. With 32 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 3.8m−12.2% vs. 2024
Net profitDKK 883k−16.1% vs. 2024
EquityDKK 4.1m+2.4% vs. 2024
Employees32latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 12% (2024 → 2025), to DKK 3.8m.
  • Net profit fell 16% (2024 → 2025), to DKK 883k.
  • Equity rose 2% (2024 → 2025), to DKK 4.1m.

Employees

  • 4 more employees than a year earlier: 32 (08/2026) against 28 (08/2025).

Management and owners, last 24 months

  • New in management: Flemming Clausen (director, 04/08/2026).
  • Stepped down: Henrik Frøjk Bendtsen (director, 04/08/2026).
  • New owners registered: HB Holding Aulum ApS (01/07/2026), MKP Holding Viborg ApS (01/07/2026) and FC Holding Hjerm ApS (01/07/2026).
  • No longer registered as owner: HB Holding Aulum ApS (30/06/2026), MKP Holding Viborg ApS (30/06/2026) and FC Holding Hjerm ApS (30/06/2026).

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 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
EquityNet profit
Financial figures for HB Connection A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4,0735,2765,1335,5864,3713,836−12.2%
Operating profit (EBIT)1,1512,3222,3742,1971,4411,241−13.9%
Profit before tax1,0282,2292,2862,0491,3531,133−16.3%
Net profit7991,7371,7781,5941,052883−16.1%
Total assets7,3138,60210,1539,8968,11610,588+30.5%
Equity1,6883,4263,9294,5233,9804,075+2.4%
Liabilities5,4044,7455,8805,2123,9626,232+57.3%
Cash and cash equivalents4612491,07823714−94.1%
Average number of employees2023252525250%

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 6m202020212022202320242025
Gross profitMedian, the industry (1,291 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 HB Connection A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202514/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202428/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202318/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202103/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202014/04/2021The 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
0510152025303509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 3.8mNo. 659 of 1,290
Better than 49% of the companies in the industry
EquityDKK 4.1mNo. 288 of 1,291
Better than 78% of the companies in the industry
Number of employees32No. 190 of 1,291
Better than 85% 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 20–49 employees9,922 companies in the comparison
No. 8,268of 9,892
Better than 16%
No. 5,175of 9,922
Better than 48%
Same industry and 20–49 employees187 companies in the comparison
No. 179of 187
Better than 4%
No. 99of 187
Better than 47%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 11,405of 24,791
Better than 54%
No. 10,759of 24,909
Better than 57%
All companies of type A/S18,025 companies in the comparison
No. 12,895of 17,786
Better than 28%
No. 12,291of 18,024
Better than 32%

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. HB Connection A/SDKK 3.8m
  2. Bravida Danmark A/SDKK 2.1bn
  3. Kemp & Lauritzen A/SDKK 2bn
Net profit
  1. HB Connection A/SDKK 883k
  2. Bravida Danmark A/SDKK 160.3m
  3. Kemp & Lauritzen A/SDKK 2.6m
Equity
  1. HB Connection A/SDKK 4.1m
  2. Bravida Danmark A/SDKK 629m
  3. Kemp & Lauritzen A/SDKK 588.4m
Employees
  1. HB Connection A/S32
  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
  • HB Holding Aulum ApS20%
  • MKP Holding Viborg ApS33.33%
  • FC Holding Hjerm ApS33.33%
HB Connection A/S

Management

4 active registrations

Executive management

Executive management at HB Connection A/S
NameRoleAppointed
Flemming ClausenDirector04/08/2026

Board of directors

Board of directors at HB Connection A/S
NameRoleAppointed
Henrik Frøjk BendtsenBoard member17/11/2005
Morten Krustrup PedersenBoard member06/06/2024
Flemming ClausenBoard member06/06/2024
Founders
HB Holding Aulum ApS
Former management (5)
Former management at HB Connection A/S
NameRoleAppointedResigned
Henrik Frøjk BendtsenDirector17/11/200504/08/2026
Ole HolmgaardBoard member17/11/200519/12/2011
Dorthe Irene BendtsenChair of the board17/11/200506/06/2024
Linda Kaul SteffensenBoard member19/12/201115/03/2017
Kristian Claussen BundgaardBoard member15/03/201706/06/2024

Signing rule: Selskabet tegnes af 1 direktør eller 2 bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Højgade 7
7490 Aulum

Herning Municipality · Postcode 7490

Production units
Production unitAddressEmployeesP number
HB CONNECTION A/SHøjgade 7, 7490 Aulum321001125979

Purpose

Selskabets formål er at drive el-installationsforretning og detailhandel samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events
20269 changesmanagement 2 · ownership 6 · accounts 1
  • Flemming Clausen appointed director
  • Henrik Frøjk Bendtsen stepped down as director
  • HB HOLDING AULUM ApS registered as owner (20%)
  • MKP Holding Viborg ApS registered as owner (33.33%)
  • FC Holding Hjerm ApS registered as owner (33.33%)
  • MKP Holding Viborg ApS is no longer registered as owner
  • FC Holding Hjerm ApS is no longer registered as owner
  • HB HOLDING AULUM ApS is no longer registered as owner
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20247 changesownership 2 · management 4 · accounts 1
  • MKP Holding Viborg ApS registered as owner (20%)
  • FC Holding Hjerm ApS registered as owner (20%)
  • Morten Krustrup Pedersen appointed board member
  • Flemming Clausen appointed board member
  • Kristian Claussen Bundgaard stepped down as board member
  • Dorthe Irene Bendtsen stepped down as chair of the board
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20172 changesmanagement 2
  • Kristian Claussen Bundgaard appointed board member
  • Linda Kaul Steffensen stepped down as board member
20113 changesmanagement 2 · ownership 1
  • Linda Kaul Steffensen appointed board member
  • Ole Holmgaard stepped down as board member
  • HB HOLDING AULUM ApS registered as owner (50%)
20071 changeaddress 1
  • Moved to Højgade 7, 7490 Aulum
20055 changesfounded 1 · management 4
  • Registered as HB CONNECTION A/S
  • Henrik Frøjk Bendtsen appointed director
  • Henrik Frøjk Bendtsen appointed board member
  • Dorthe Irene Bendtsen appointed chair of the board
  • Ole Holmgaard appointed board member

Related companies

Same industry in Herning

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction