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Midtjydsk Elektro A/S

Public limited companyCVR 15217847HerningActive

Midtjydsk Elektro A/S is a public limited company, based in Herning, active in repair of electrical equipment, founded in 1991. Net profit fell 64% from 2024 to 2025, ending at DKK 390k. Equity fell to DKK 3.9m in 2025. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 8m−6.7% vs. 2024
Net profitDKK 390k−64.2% vs. 2024
EquityDKK 3.9m−40.8% vs. 2024
Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 7% (2024 → 2025), to DKK 8m.
  • Net profit fell 64% (2024 → 2025), to DKK 390k.
  • Equity fell 41% (2024 → 2025), to DKK 3.9m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Repair of electrical equipment (331400)

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 5mDKK 6mDKK 7m202020212022202320242025
EquityNet profit
Financial figures for Midtjydsk Elektro A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,0805,5166,7698,5378,5257,957−6.7%
Operating profit (EBIT)7639581,4861,8541,474505−65.7%
Profit before tax5908021,3371,6821,538503−67.3%
Net profit4606251,0371,3061,090390−64.2%
Total assets9,2148,3478,6969,2889,3747,568−19.3%
Equity1,1671,5422,3295,9466,6363,926−40.8%
Liabilities7,8646,6326,1373,1032,7043,601+33.2%
Cash and cash equivalents2,5331,0579991,696475721+51.9%
Average number of employees989111213+8.3%

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 8m202020212022202320242025
Gross profitMedian, the industry (77 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 41% from 2024 to 2025 (DKK 6.6m to DKK 3.9m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • 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 Midtjydsk Elektro A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202321/02/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/02/2021The 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
0246810121409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

77 companies in the database

Comparison with the other companies in repair of electrical equipment based on the latest financial year.

Gross profitDKK 8mNo. 35 of 77
Better than 55% of the companies in the industry
EquityDKK 3.9mNo. 38 of 77
Better than 51% of the companies in the industry
Number of employees13No. 30 of 77
Better than 62% of the companies in the industry

Industry median: gross profit DKK 4.6m, net profit DKK 588k, equity DKK 3.5m, 9 employees.

DKK 100kDKK 749kDKK 5.6mDKK 42.1mDKK 161.1mHere
Distribution of gross profit for 74 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 fewer than 20 employees69,967 companies in the comparison
No. 7,025of 69,742
Better than 90%
No. 16,510of 69,964
Better than 76%
Same industry and fewer than 20 employees54 companies in the comparison
No. 13of 54
Better than 77%
No. 15of 54
Better than 74%
Companies that are at least 30 years old10,276 companies in the comparison
No. 4,648of 10,152
Better than 54%
No. 6,685of 10,275
Better than 35%
All companies of type A/S18,025 companies in the comparison
No. 10,008of 17,786
Better than 44%
No. 12,422of 18,024
Better than 31%

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

Repair of electrical equipment
Gross profit
  1. Midtjydsk Elektro A/SDKK 8m
  2. Zeppelin Danmark A/SDKK 315.3m
  3. Swire Renewable Energy A/SDKK 254.8m
Net profit
  1. Midtjydsk Elektro A/SDKK 390k
  2. Zeppelin Danmark A/SDKK 46.6m
  3. Swire Renewable Energy A/S−DKK 125.2m
Equity
  1. Midtjydsk Elektro A/SDKK 3.9m
  2. Zeppelin Danmark A/SDKK 360.1m
  3. Swire Renewable Energy A/SDKK 84.6m
Employees
  1. Midtjydsk Elektro A/S13
  2. Zeppelin Danmark A/S327
  3. Swire Renewable Energy A/S282

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
  • Nordic Drives Group Holding AB100%
Midtjydsk Elektro A/S

Management

4 active registrations

Executive management

Executive management at Midtjydsk Elektro A/S
NameRoleAppointed
Karsten JakobsenDirector13/05/2019

Board of directors

Board of directors at Midtjydsk Elektro A/S
NameRoleAppointed
Michael Lomholt HougesenBoard member31/08/2023
Christian Erik BylockBoard member31/08/2023
Tom GustavssonChair of the board31/08/2023
Founders
Kaj Løkke Leth, Irene Marie Leth, Herluf Løkke Leth
Former management (8)
Former management at Midtjydsk Elektro A/S
NameRoleAppointedResigned
Kaj Løkke LethBoard member17/06/199113/05/2019
Kaj Løkke LethDirector17/06/199113/05/2019
Irene Marie LethBoard member17/06/199113/05/2019
Herluf Løkke LethChair of the board17/06/199105/06/2002
Jørgen ZartovChair of the board05/06/200226/10/2016
Karsten JakobsenBoard member12/06/201231/08/2023
Michael Lomholt HougesenChair of the board13/05/201930/08/2023
Annette HougesenBoard member13/05/201931/08/2023

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med et bestyrelsesmedlem eller af en direktør. Selskabet tegnes endvidere af den samlede bestyrelse.

Address and production units

1 active production units

Rønnebærvej 4
7400 Herning

Herning Municipality · Postcode 7400

Production units
Production unitAddressEmployeesP number
MIDTJYDSK ELEKTRO A/SRønnebærvej 4, 7400 Herning131000882640

Purpose

Selskabets formål er at drive elektromekanisk reparationsvirksomhed, herunder handel med, reparation af og entrepriseopgaver med elektromotorer og andet elektrisk tilbehør. Endvidere er det selskabets formål at eje og administrere fast ejendom.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Repair of electrical equipment (331400)
20241 changeaccounts 1
  • Annual report for 2023 published
202310 changesmanagement 6 · ownership 3 · accounts 1
  • Michael Lomholt Hougesen appointed board member
  • Tom Gustavsson appointed chair of the board
  • Christian Erik Bylock appointed board member
  • Annette Hougesen stepped down as board member
  • Karsten Jakobsen stepped down as board member
  • Michael Lomholt Hougesen stepped down as chair of the board
  • Nordic Drives Group Holding AB registered as owner (100%)
  • Hougesen Holding, Sunds ApS is no longer registered as owner
  • JAKOBSEN HOLDING, HOLSTEBRO ApS is no longer registered as owner
  • Annual report for 2022 published
20225 changesownership 4 · accounts 1
  • Hougesen Holding, Sunds ApS registered as owner (50%)
  • JAKOBSEN HOLDING, HOLSTEBRO ApS registered as owner (50%)
  • Hougesen Holding, Sunds ApS is no longer registered as owner
  • JAKOBSEN HOLDING, HOLSTEBRO ApS is no longer registered as owner
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
201910 changesmanagement 6 · ownership 4
  • Michael Lomholt Hougesen appointed chair of the board
  • Annette Hougesen appointed board member
  • Karsten Jakobsen appointed director
  • Kaj Løkke Leth stepped down as board member
  • Irene Marie Leth stepped down as board member
  • Kaj Løkke Leth stepped down as director
  • Hougesen Holding, Sunds ApS registered as owner (25%)
  • JAKOBSEN HOLDING, HOLSTEBRO ApS registered as owner (66.67%)
  • LETH HOLDING, SUNDS ApS is no longer registered as owner
  • JAKOBSEN HOLDING, HOLSTEBRO ApS is no longer registered as owner
20161 changemanagement 1
  • Jørgen Zartov stepped down as chair of the board
20121 changemanagement 1
  • Karsten Jakobsen appointed board member
20083 changesownership 2 · industry 1
  • LETH HOLDING, SUNDS ApS registered as owner (90%)
  • JAKOBSEN HOLDING, HOLSTEBRO ApS registered as owner (10%)
  • Industry changed to Repair of electrical equipment (331400)
20022 changesmanagement 2
  • Jørgen Zartov appointed chair of the board
  • Herluf Løkke Leth stepped down as chair of the board
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19915 changesfounded 1 · management 4
  • Registered as MIDTJYDSK ELEKTRO A/S
  • Kaj Løkke Leth appointed board member
  • Irene Marie Leth appointed board member
  • Kaj Løkke Leth appointed director
  • Herluf Løkke Leth appointed chair of the board

Related companies

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.

View in CVRReport a correction