Ltech A/S
Public limited companyCVR 26398576BallerupActive
Ltech A/S is a public limited company, based in Ballerup, active in electrical installation, founded in 2002. Net profit fell 20% from 2025 to 2026, ending at DKK 25.1m. Measured by gross profit, it ranks no. 8 of 1,290 companies in the industry in the database. Operations are spread over 3 production units in 3 towns.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- Gross profit rose 11% (2025 → 2026), to DKK 218.4m.
- Net profit fell 20% (2025 → 2026), to DKK 25.1m.
- Equity rose 9% (2025 → 2026), to DKK 63.1m.
Employees
- 48 more employees than a year earlier: 287 (08/2026) against 239 (08/2025).
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 2019–2026 · amounts in DKK thousandEquity and net profit
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 60,980 | 65,379 | 75,858 | 86,261 | 125,753 | 154,212 | 196,111 | 218,404 | +11.4% |
| Operating profit (EBIT) | 7,087 | 7,641 | 14,627 | 12,962 | 27,752 | 23,515 | 40,947 | 33,140 | −19.1% |
| Profit before tax | 7,049 | 7,927 | 14,716 | 13,063 | 27,580 | 23,934 | 40,328 | 32,279 | −20% |
| Net profit | 5,541 | 6,142 | 11,487 | 10,121 | 21,473 | 18,614 | 31,396 | 25,067 | −20.2% |
| Total assets | 47,131 | 52,064 | 55,933 | 58,363 | 95,049 | 114,502 | 147,015 | 161,213 | +9.7% |
| Equity | 13,617 | 16,725 | 21,213 | 21,334 | 38,028 | 36,649 | 58,055 | 63,112 | +8.7% |
| Liabilities | 31,116 | 31,754 | 30,923 | 32,427 | 48,757 | 66,801 | 75,005 | 79,749 | +6.3% |
| Cash and cash equivalents | 74 | 18,493 | 9,575 | 6,436 | 8,632 | 963 | 473 | 4,430 | +836.2% |
| Average number of employees | 102 | 103 | 110 | 127 | 150 | 178 | 211 | 233 | +10.4% |
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 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026: 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 2026 figuresProfit for five years in a row
Net result has been positive in 2022–2026.
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
8 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2026 | 01/07/2025 – 30/06/2026 | 05/10/2026 | The company | PDF not statedXBRL |
| 2025 | 01/07/2024 – 30/06/2025 | 01/10/2025 | The company | PDF not statedXBRL |
| 2024 | 01/07/2023 – 30/06/2024 | 26/11/2024 | The company | PDFXBRL |
| 2023 | 01/07/2022 – 30/06/2023 | 05/10/2023 | The company | PDFXBRL |
| 2022 | 01/07/2021 – 30/06/2022 | 03/10/2022 | The company | PDFXBRL |
| 2021 | 01/07/2020 – 30/06/2021 | 14/09/2021 | The company | PDFXBRL |
| 2020 | 01/07/2019 – 30/06/2020 | 19/10/2020 | The company | PDFXBRL |
| 2019 | 01/07/2018 – 30/06/2019 | 22/11/2019 | 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
1,291 companies in the databaseComparison with the other companies in electrical installation based on the latest financial year.
Industry median: gross profit DKK 3.9m, net profit DKK 321k, equity DKK 1.4m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 200–499 employees796 companies in the comparison | No. 252of 763 Better than 67% | No. 485of 796 Better than 39% |
| Same industry and 200–499 employees14 companies in the comparison | No. 3of 14 Better than 85% | No. 7of 14 Better than 54% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 296of 24,791 Better than 99% | No. 1,929of 24,909 Better than 92% |
| All companies of type A/S18,025 companies in the comparison | No. 713of 17,786 Better than 96% | No. 3,072of 18,024 Better than 83% |
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- Ltech A/SDKK 218.4m
- Bravida Danmark A/SDKK 2.1bn
- Kemp & Lauritzen A/SDKK 2bn
- Ltech A/SDKK 25.1m
- Bravida Danmark A/SDKK 160.3m
- Kemp & Lauritzen A/SDKK 2.6m
- Ltech A/SDKK 63.1m
- Bravida Danmark A/SDKK 629m
- Kemp & Lauritzen A/SDKK 588.4m
- Ltech A/S287
- Bravida Danmark A/S3,163
- 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- Dannisøe Holding ApS66.67%
- Ltech Medarbejder Holding ApS25%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lasse Buchmann | CEO | 01/11/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Henrik Holmgren | Chair of the board | 01/11/2023 |
| Laura Holmgren Dannisøe | Board member | 22/02/2024 |
| Bo Nagel-Harvig | Board member | 09/09/2024 |
| Pia Ingrid Jørgensen | Board member | 09/09/2024 |
| Jakob Moltsen | Board member | 09/09/2024 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- Victor Christoffersen ApS
Former management (14)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Victor Christoffersen | Director | 01/01/2002 | 11/01/2002 |
| Henrik Holmgren | Director | 11/01/2002 | 31/10/2023 |
| Karsten Køhlert | Chair of the board | 24/09/2008 | 29/08/2009 |
| Erling Østergaard Nielsen | Board member | 15/04/2009 | 29/08/2009 |
| Henrik Holmgren | Board member | 01/09/2009 | 31/10/2023 |
| Nikolaj Damgaard Vand | Board member | 01/11/2009 | 20/06/2013 |
| Ken Torpe Christoffersen | Chair of the board | 20/06/2013 | 31/10/2023 |
| Henriette Dannisøe | Board member | 20/06/2013 | 09/09/2024 |
| Henrik Kyst | Board member | 25/09/2014 | 15/06/2015 |
| Morten Jørgensen | Board member | 15/09/2016 | 29/03/2017 |
| Christian Carlsen | Board member | 01/08/2017 | 01/11/2020 |
| Lars Erik Holmegaard | Board member | 01/04/2018 | 01/11/2020 |
| Søren Harmundal Petersen | Board member | 17/09/2019 | 14/06/2024 |
| Ken Torpe Christoffersen | Board member | 01/11/2023 | 14/06/2024 |
Signing rule: Selskabet tegnes af direktionen eller bestyrelsesformanden.
Address and production units
3 active production unitsTempovej 48
2750 Ballerup
| Production unit | Address | Employees | P number |
|---|---|---|---|
| LTECH A/S | Tempovej 48, 2750 Ballerup | 258 | 1008864906 |
| LTECH A/S | Vesterballevej 25, 7000 Fredericia | 25 | 1023963430 |
| LTECH A/S - Kalundborg | Kordilgade 18, 2, 4400 Kalundborg | 4 | 1030380211 |
Purpose
Selskabets formål er el-installationsvirksomhed og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
56 registered events20261 changeaccounts 1
- AccountsAnnual report for 2026 published
20251 changeaccounts 1
- AccountsAnnual report for 2025 published
20249 changesaccounts 1 · management 7 · address 1
- AccountsAnnual report for 2024 published
- ManagementBo Nagel-Harvig appointed board member
- ManagementJakob Moltsen appointed board member
- ManagementPia Ingrid Jørgensen appointed board member
- ManagementHenriette Dannisøe stepped down as board member
- ManagementKen Torpe Christoffersen stepped down as board member
- ManagementSøren Harmundal Petersen stepped down as board member
- AddressMoved to Tempovej 48, 2750 Ballerup
- ManagementLaura Holmgren Dannisøe appointed board member
20239 changesmanagement 6 · accounts 1 · capital 1 · merger 1
- ManagementKen Torpe Christoffersen appointed board member
- ManagementLasse Buchmann appointed ceo
- ManagementHenrik Holmgren appointed chair of the board
- ManagementKen Torpe Christoffersen stepped down as chair of the board
- ManagementHenrik Holmgren stepped down as board member
- ManagementHenrik Holmgren stepped down as director
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 500,000 DKK to 550,000 DKK
- MergerMerger registered in CVR
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20203 changesmanagement 2 · accounts 1
- ManagementLars Erik Holmegaard stepped down as board member
- ManagementChristian Carlsen stepped down as board member
- AccountsAnnual report for 2020 published
20192 changesaccounts 1 · management 1
- AccountsAnnual report for 2019 published
- ManagementSøren Harmundal Petersen appointed board member
20183 changesaddress 1 · management 1 · merger 1
- AddressMoved to Industriparken 31, 2750 Ballerup
- ManagementLars Erik Holmegaard appointed board member
- MergerMerger registered in CVR
20172 changesmanagement 2
- ManagementChristian Carlsen appointed board member
- ManagementMorten Jørgensen stepped down as board member
20161 changemanagement 1
- ManagementMorten Jørgensen appointed board member
20151 changemanagement 1
- ManagementHenrik Kyst stepped down as board member
20141 changemanagement 1
- ManagementHenrik Kyst appointed board member
20133 changesmanagement 3
- ManagementHenriette Dannisøe appointed board member
- ManagementKen Torpe Christoffersen appointed chair of the board
- ManagementNikolaj Damgaard Vand stepped down as board member
20124 changesownership 2 · address 2
- OwnershipDANNISØE HOLDING ApS registered as owner (66.67%)
- OwnershipLTECH MEDARBEJDER HOLDING ApS registered as owner (25%)
- AddressMoved to Marielundvej 48A, 2730 Herlev
- AddressMoved to Metalbuen 24, 2750 Ballerup
20095 changesmanagement 5
- ManagementNikolaj Damgaard Vand appointed board member
- ManagementHenrik Holmgren appointed board member
- ManagementErling Østergaard Nielsen stepped down as board member
- ManagementKarsten Køhlert stepped down as chair of the board
- ManagementErling Østergaard Nielsen appointed board member
20083 changesname 1 · capital 1 · management 1
- NameName changed from HH EL-TECH ApS to LTECH A/S
- CapitalShare capital changed from 125,000 DKK to 500,000 DKK
- ManagementKarsten Køhlert appointed chair of the board
20026 changesname 1 · address 1 · management 3 · founded 1
- NameName changed from VICH 6550 ApS to HH EL-TECH ApS
- AddressMoved to Metalbuen 24, 2750 Ballerup
- ManagementHenrik Holmgren appointed director
- ManagementVictor Christoffersen stepped down as director
- FoundedRegistered as VICH 6550 ApS
- ManagementVictor Christoffersen appointed director
Related companies
Same industry in Ballerup
- Claus Dalsgaard A/S97 employees
- CR El & Teknik A/S56 employees
- CD Automation A/S47 employees
- Cibicom Services A/S46 employees
- Eca Elektric ApS26 employees
- Better Bygningsautomatik A/S24 employees
Same people in management
- Danish Crown A/Svia Karl-Alfred Brylle
- Vestas Wind Systems A/Svia Victor Christoffersen
- Hofor A/Svia Karl-Alfred Brylle
- Ørsted Services A/Svia Karl-Alfred Brylle
- Lemvigh-müller A/Svia Morten Jørgensen
- Saxo Bank A/Svia Victor Christoffersen
Largest in the industry
- Bravida Danmark A/SDKK 2.1bn
- Kemp & Lauritzen A/SDKK 2bn
- Elcon A/SDKK 596.5m
- Caverion Danmark A/SDKK 380.8m
- Eltel Networks A/SDKK 325.1m
- Uggerly Installation A/SDKK 305m
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.