LM Elbiler A/S
Public limited companyCVR 45283437HerningActive
LM Elbiler A/S is a public limited company, based in Herning, active in retail sale of motor vehicles, founded in 2024. The company is new and has been registered for 2 years. The latest net result (2025) was DKK 652k.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesEmployees
- 2 more employees than a year earlier: 6 (07/2026) against 4 (07/2025).
Management and owners, last 24 months
- New in management: Mostafa Rawze-Baqi (director, 13/12/2024), Mostafa Rawze-Baqi (board member, 13/12/2024) and Lilian Frederiksen (chair of the board, 13/12/2024) (+1).
- New owners registered: L. Frederiksen ApS (13/12/2024) and MRB Invest ApS (13/12/2024).
Registrations, last 24 months
- 02/01/2025: Moved to Hammerum Hovedgade 134F, Hammerum, 7400 Herning
- 01/01/2025: Industry changed to Retail sale of motor vehicles (478100)
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 2025–2025 · amounts in DKK thousand| 2025 | Change | |
|---|---|---|
| Revenue | not stated | – |
| Gross profit | 2,878 | – |
| Operating profit (EBIT) | 1,257 | – |
| Profit before tax | 835 | – |
| Net profit | 652 | – |
| Total assets | 19,816 | – |
| Equity | 1,052 | – |
| Cash and cash equivalents | 437 | – |
| Average number of employees | 4 | – |
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 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 figuresLow equity ratio
Equity makes up 5% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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
1 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 13/12/2024 – 31/12/2025 | 01/07/2026 | The company | PDF not statedXBRL |
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
862 companies in the databaseComparison with the other companies in retail sale of motor vehicles based on the latest financial year.
Industry median: gross profit DKK 3.4m, net profit DKK 425k, equity DKK 3.7m, 4 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. 23,468of 69,742 Better than 66% | No. 32,996of 69,964 Better than 53% |
| Same industry and fewer than 20 employees657 companies in the comparison | No. 271of 657 Better than 59% | No. 454of 657 Better than 31% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 4,104of 16,614 Better than 75% | No. 3,797of 16,661 Better than 77% |
| All companies of type A/S18,025 companies in the comparison | No. 13,766of 17,786 Better than 23% | No. 15,859of 18,024 Better than 12% |
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 motor vehicles- LM Elbiler A/SDKK 2.9m
- Ejner Hessel A/SDKK 1.3bn
- Semler Mobility Retail A/SDKK 961.5m
- LM Elbiler A/SDKK 652k
- Ejner Hessel A/SDKK 168.7m
- Semler Mobility Retail A/SDKK 50.9m
- LM Elbiler A/SDKK 1.1m
- Ejner Hessel A/SDKK 1.2bn
- Semler Mobility Retail A/SDKK 167.2m
- LM Elbiler A/S6
- Ejner Hessel A/S1,866
- Semler Mobility Retail A/S1,617
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- L. Frederiksen ApS50%
- MRB Invest ApS50%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mostafa Rawze-Baqi | Director | 13/12/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Mostafa Rawze-Baqi | Board member | 13/12/2024 |
| Lilian Frederiksen | Chair of the board | 13/12/2024 |
| Bibi Asia Jalali | Board member | 13/12/2024 |
- Founders
- L. Frederiksen ApS, MRB Invest ApS
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør.
Address and production units
1 active production unitsHammerum Hovedgade 134F
7400 Herning
| Production unit | Address | Employees | P number |
|---|---|---|---|
| LM ELBILER A/S | Hammerum Hovedgade 134F, Hammerum, 7400 Herning | 5 | 1030927792 |
Purpose
Selskabets formål er at drive virksomhed omfattende køb og salg af brugte biler samt forestå aktiviteter i tilknytning hertil.
The purpose is quoted from the register in Danish.
Changes year by year
10 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaddress 1 · industry 1
- AddressMoved to Hammerum Hovedgade 134F, Hammerum, 7400 Herning
- IndustryIndustry changed to Retail sale of motor vehicles (478100)
20247 changesfounded 1 · management 4 · ownership 2
- FoundedRegistered as LM ELBILER A/S
- ManagementMostafa Rawze-Baqi appointed director
- ManagementMostafa Rawze-Baqi appointed board member
- ManagementLilian Frederiksen appointed chair of the board
- ManagementBibi Asia Jalali appointed board member
- OwnershipL. FREDERIKSEN ApS registered as owner (50%)
- OwnershipMRB Invest ApS registered as owner (50%)
Related companies
Same industry in Herning
- Uggerhøj Herning A/S33 employees
- Arne Poulsen Automobiler A/S20 employees
- Camping-parken, Herning A/S19 employees
- Bilforum Herning A/S16 employees
- Knud Damsgaard Nielsen ApS15 employees
- Byskov Biler ApS11 employees
Same people in management
- Marta du chateau A/Svia Lilian Frederiksen
- Herning Trapper & Kleinsmedie ApSvia Lilian Frederiksen
- Midtskrot ApSvia Lilian Frederiksen
Largest in the industry
- Ejner Hessel A/SDKK 1.3bn
- Semler Mobility Retail A/SDKK 961.5m
- Autohuset Vestergaard A/S PersonvogneDKK 373.3m
- Nielsen Car Group A/SDKK 319.7m
- P. Christensen A/SDKK 289.3m
- Auto-Centralen A/SDKK 272.3m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.