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LS Cable & System Denmark ApS

Private limited companyCVR 38000748TjæreborgActive

LS Cable & System Denmark ApS is a private limited company, based in Tjæreborg, active in manufacture of other electronic and electric wires and cables, founded in 2016. The company went from a profit in 2024 to a loss of DKK 239 in 2025. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 12.1m+51.9% vs. 2024
Net profit−DKK 239
EquityDKK 41,039−0.6% vs. 2024
Employees14latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 52% (2024 → 2025), to DKK 12.1m.
  • Net profit went from a profit of DKK 0 to a loss of DKK 239 (2024 → 2025).

Employees

  • 9 fewer employees than a year earlier: 14 (07/2026) against 23 (07/2025).

Management and owners, last 24 months

  • New in management: Myung Gu Jeong (director, 14/01/2025).
  • Stepped down: Byung Mun Kwak (director, 14/01/2025).

Registrations, last 24 months

  • 14/10/2026: Moved to Sønderbyvej 7, 6731 Tjæreborg

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 10,000DKK 0DKK 10,000DKK 20,000DKK 30,000DKK 40,000202020212022202320242025
EquityNet profit
Financial figures for LS Cable & System Denmark ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2318553,9495,0527,94712,071+51.9%
Operating profit (EBIT)81111533329−11.9%
Profit before tax0004400–
Net profit00040−0–
Total assets1,4297991,0111,4961,9873,959+99.2%
Equity373737414141−0.6%
Liabilities1,3937629741,4551,9463,918+101.4%
Cash and cash equivalents1,3514043271,2311,6363,464+111.8%
Average number of employees–2581323+76.9%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (9 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Low equity ratio

    Equity makes up 1% 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

6 financial years
Annual reports for LS Cable & System Denmark ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202429/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202319/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202124/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202025/06/2021The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

9 companies in the database

Comparison with the other companies in manufacture of other electronic and electric wires and cables based on the latest financial year.

Gross profitDKK 12.1mNo. 3 of 9
Better than 75% of the companies in the industry
EquityDKK 41,039No. 9 of 9
Better than 0% of the companies in the industry
Number of employees14No. 2 of 9
Better than 88% of the companies in the industry

Industry median: gross profit DKK 7.8m, net profit DKK 415k, equity DKK 5.6m, 12 employees.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 3,474of 69,742
Better than 95%
No. 57,956of 69,964
Better than 17%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 3,580of 33,588
Better than 89%
No. 27,542of 33,687
Better than 18%
All companies of type ApS66,508 companies in the comparison
No. 4,810of 66,379
Better than 93%
No. 54,228of 66,505
Better than 18%

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 other electronic and electric wires and cables
Gross profit
  1. LS Cable & System Denmark ApSDKK 12.1m
  2. NKT (Denmark) A/SDKK 27.1m
  3. Thorkild Larsen A/SDKK 13m
Net profit
  1. LS Cable & System Denmark ApS−DKK 239
  2. NKT (Denmark) A/S−DKK 2.3m
  3. Thorkild Larsen A/SDKK 3m
Equity
  1. LS Cable & System Denmark ApSDKK 41,039
  2. NKT (Denmark) A/SDKK 42.1m
  3. Thorkild Larsen A/SDKK 20.7m
Employees
  1. LS Cable & System Denmark ApS14
  2. NKT (Denmark) A/S375
  3. Thorkild Larsen A/S11

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
  • LS Cable & System100%
LS Cable & System Denmark ApS

Management

1 active registrations

Executive management

Executive management at LS Cable & System Denmark ApS
NameRoleAppointed
Myung Gu JeongDirector14/01/2025
Founders
Ulrik Fleischer-Michaelsen
Former management (2)
Former management at LS Cable & System Denmark ApS
NameRoleAppointedResigned
Yang SengyealCEO12/09/201605/03/2021
Byung Mun KwakDirector05/03/202114/01/2025

Signing rule: Selskabet tegnes af en  direktør.

Address and production units

1 active production units

Sønderbyvej 7
6731 Tjæreborg

Esbjerg Municipality · Postcode 6731

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
LS Cable & System Denmark ApSSønderbyvej 7, 6731 Tjæreborg151021740345

Purpose

Selskabets formål er fremstilling og salg af underjordiske højspændingskabler, installationsservice og forretninger i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

16 registered events
20262 changesaddress 1 · accounts 1
  • Moved to Sønderbyvej 7, 6731 Tjæreborg
  • Annual report for 2025 published
20253 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Myung Gu Jeong appointed director
  • Byung Mun Kwak stepped down as director
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesaccounts 1 · management 2
  • Annual report for 2020 published
  • Byung Mun Kwak appointed director
  • Yang Sengyeal stepped down as ceo
20181 changeaddress 1
  • Moved to Holbergsgade 14, 3. th, 1057 København K
20164 changesaddress 1 · founded 1 · management 1 · ownership 1
  • Moved to Kystvejen 280, 4671 Strøby
  • Registered as LS Cable & System Denmark ApS
  • Yang Sengyeal appointed ceo
  • LS Cable & System registered as owner (100%)

Related companies

Same people in management

Largest in the industry

See all →

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.

View in CVRReport a correction