Martensen & Kobbelgaard ApS
Private limited companyCVR 17142690JuelsmindeActive
Martensen & Kobbelgaard ApS is a private limited company, based in Juelsminde, active in electrical installation, founded in 1993. Net profit fell 44% from 2024 to 2025, ending at DKK 2.8m. Equity fell to DKK 4m in 2025. Gross profit is higher than that of 80% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 21% (2024 → 2025), to DKK 11.7m.
- Net profit fell 44% (2024 → 2025), to DKK 2.8m.
- Equity fell 35% (2024 → 2025), to DKK 4m.
Employees
- 2 fewer employees than a year earlier: 15 (08/2026) against 17 (08/2025).
Management and owners, last 24 months
- New owners registered: KK Holding Juelsminde ApS (05/03/2025), Daniel Hjerrild Olsen Holding ApS (05/03/2025) and Kristian Kjærskov Damgaard Holding ApS (05/03/2025).
- No longer registered as owner: KK Holding Juelsminde ApS (04/03/2025).
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 2018–2025 · amounts in DKK thousandEquity and net profit
| 2018 | 2019 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 7,796 | 8,280 | 15,986 | 16,060 | 14,891 | 11,702 | −21.4% |
| Operating profit (EBIT) | 2,495 | 2,262 | 6,936 | 6,139 | 6,364 | 3,599 | −43.4% |
| Profit before tax | 2,469 | 2,228 | 6,938 | 6,117 | 6,398 | 3,584 | −44% |
| Net profit | 1,923 | 1,735 | 5,411 | 4,761 | 4,982 | 2,791 | −44% |
| Total assets | 5,665 | 5,373 | 11,203 | 11,049 | 10,571 | 7,164 | −32.2% |
| Equity | 2,997 | 2,732 | 6,606 | 5,967 | 6,250 | 4,040 | −35.4% |
| Liabilities | 2,550 | 2,581 | 4,588 | 5,032 | 4,310 | 3,123 | −27.5% |
| Cash and cash equivalents | 1,028 | 673 | 145 | 1,074 | 2,902 | 843 | −70.9% |
| Average number of employees | 12 | – | 17 | 18 | 16 | 0 | −100% |
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 2018, 2019, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021 (changed financial year or not filed).
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 35% from 2024 to 2025 (DKK 6.2m to DKK 4m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Fewer employees
The number of employees fell 100% from 16 in 2024 to 0 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.
Profit for five years in a row
Net result has been positive in 2019–2025.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 12/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 06/02/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 07/02/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 13/02/2023 | The company | PDFXBRL |
| 2019 | 01/01/2019 – 31/12/2019 | 19/02/2020 | The company | PDFXBRL |
| 2018 | 01/01/2018 – 31/12/2018 | 15/02/2019 | 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 fewer than 20 employees69,967 companies in the comparison | No. 3,670of 69,742 Better than 95% | No. 16,217of 69,964 Better than 77% |
| Same industry and fewer than 20 employees993 companies in the comparison | No. 28of 993 Better than 97% | No. 93of 993 Better than 91% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 3,853of 10,152 Better than 62% | No. 6,620of 10,275 Better than 36% |
| All companies of type ApS66,508 companies in the comparison | No. 5,000of 66,379 Better than 92% | No. 13,025of 66,505 Better than 80% |
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- Martensen & Kobbelgaard ApSDKK 11.7m
- Bravida Danmark A/SDKK 2.1bn
- Kemp & Lauritzen A/SDKK 2bn
- Martensen & Kobbelgaard ApSDKK 2.8m
- Bravida Danmark A/SDKK 160.3m
- Kemp & Lauritzen A/SDKK 2.6m
- Martensen & Kobbelgaard ApSDKK 4m
- Bravida Danmark A/SDKK 629m
- Kemp & Lauritzen A/SDKK 588.4m
- Martensen & Kobbelgaard ApS15
- 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- Carsten Damgaard Holding ApS25%
- KK Holding Juelsminde ApS50%
- Daniel Hjerrild Olsen Holding ApS10%
- Kristian Kjærskov Damgaard Holding ApS10%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kristian Braüner Kobbelgaard | Director | 01/01/2012 |
| Carsten Damgaard | Director | 15/08/2018 |
- Founders
- Lars Lundsgaard, Ove Porsgaard, Bent Ballegaard
Former management (6)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Lars Lundsgaard | Board member | 06/08/1993 | 01/01/2012 |
| Lars Lundsgaard | Director | 06/08/1993 | 01/01/2012 |
| Bent Ballegaard | Board member | 06/08/1993 | 18/06/2014 |
| Ove Porsgaard | Chair of the board | 01/01/2012 | 18/06/2014 |
| Kristian Braüner Kobbelgaard | Board member | 01/01/2012 | 18/06/2014 |
| Bent Ballegaard | Director | 18/06/2014 | 15/08/2018 |
Signing rule: Selskabet tegnes af en direktør eller af den samlede direktion.
Address and production units
1 active production unitsSønderbakken 21
7130 Juelsminde
Hedensted Municipality · Postcode 7130
Other companies at the address (1)
- MK Jord ApSSite preparation
| Production unit | Address | Employees | P number |
|---|---|---|---|
| MARTENSEN & KOBBELGAARD ApS | Sønderbakken 21, Glud, 7130 Juelsminde | 15 | 1001230955 |
Purpose
Selskabets formål er at drive el- installationsvirksomhed, herunder salg af el- artikler m.v. samt dermed efter bestyrelsens skøn beslægtet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
35 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20255 changesownership 4 · accounts 1
- OwnershipKK HOLDING JUELSMINDE ApS registered as owner (50%)
- OwnershipKristian Kjærskov Damgaard Holding ApS registered as owner (10%)
- OwnershipDaniel Hjerrild Olsen Holding ApS registered as owner (10%)
- OwnershipKK HOLDING JUELSMINDE ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20201 changeaccounts 1
- AccountsAnnual report for 2019 published
20191 changeaccounts 1
- AccountsAnnual report for 2018 published
20185 changesmanagement 2 · ownership 3
- ManagementCarsten Damgaard appointed director
- ManagementBent Ballegaard stepped down as director
- OwnershipCarsten Damgaard Holding ApS registered as owner (25%)
- OwnershipKK HOLDING JUELSMINDE ApS registered as owner (66.67%)
- OwnershipBENT BALLEGAARD HOLDING AF 2008 ApS is no longer registered as owner
20171 changeownership 1
- OwnershipKK HOLDING JUELSMINDE ApS is no longer registered as owner
20146 changesmanagement 4 · ownership 2
- ManagementBent Ballegaard appointed director
- ManagementKristian Braüner Kobbelgaard stepped down as board member
- ManagementOve Porsgaard stepped down as chair of the board
- ManagementBent Ballegaard stepped down as board member
- OwnershipBENT BALLEGAARD HOLDING AF 2008 ApS registered as owner (50%)
- OwnershipKK HOLDING JUELSMINDE ApS registered as owner (50%)
20128 changesaddress 2 · name 1 · management 5
- AddressMoved to Sønderbakken 21, Glud, 7130 Juelsminde
- AddressMoved to Klakring Stationsvej 5, Klakring, 7130 Juelsminde
- NameName changed from LUNDSGAARD OG MARTENSEN ApS to MARTENSEN & KOBBELGAARD ApS
- ManagementKristian Braüner Kobbelgaard appointed board member
- ManagementOve Porsgaard appointed chair of the board
- ManagementKristian Braüner Kobbelgaard appointed director
- ManagementLars Lundsgaard stepped down as director
- ManagementLars Lundsgaard stepped down as board member
20091 changeaddress 1
- AddressMoved to Sønderbakken 21, Glud, 7130 Juelsminde
19934 changesfounded 1 · management 3
- FoundedRegistered as LUNDSGAARD OG MARTENSEN ApS
- ManagementBent Ballegaard appointed board member
- ManagementLars Lundsgaard appointed director
- ManagementLars Lundsgaard appointed board member
Related companies
Same industry in Hedensted
- Ølholm El A/S33 employees
- Lindved El A/S23 employees
- Ic Electric A/S20 employees
- Daugård El A/S17 employees
- Danpol El & Klima ApS8 employees
- Bjerre El ApS7 employees
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.