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Midtjysk El Center ApS

Private limited companyCVR 40833595IkastActive

Midtjysk El Center ApS is a private limited company, based in Ikast, active in electrical installation, founded in 2019. Equity was negative at the end of 2025 (−DKK 1.2m). The company made a loss in both 2024 and 2025, most recently DKK 748k. With 26 employees, the company is about 4 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 8.8m−3.5% vs. 2024
Net profit−DKK 748k+33.6% vs. 2024
Equity−DKK 1.2m−162.4% vs. 2024
Employees26latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 3% (2024 → 2025), to DKK 8.8m.
  • The loss got smaller: from DKK 1.1m to DKK 748k (2024 → 2025).

Employees

  • 3 more employees than a year earlier: 26 (07/2026) against 23 (07/2025).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 1.4m−DKK 1.2m−DKK 1m−DKK 800k−DKK 600k−DKK 400k−DKK 200kDKK 0DKK 200kDKK 400kDKK 600k202020212022202320242025
EquityNet profit
Financial figures for Midtjysk El Center ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−8−4−39,8549,1398,824−3.5%
Operating profit (EBIT)–––935−1,356−665+50.9%
Profit before tax−8−4−3826−1,436−793+44.8%
Net profit−8−3−2640−1,126−748+33.6%
Total assets3536306,8505,7545,357−6.9%
Equity322926666−460−1,208−162.4%
Liabilities3736,0716,2146,565+5.7%
Cash and cash equivalents–––3741−82.2%
Average number of employees––––2421−12.5%

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (1,291 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 1.2m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

    Net result is negative in the two or more 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 Midtjysk El Center ApS
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202514/01/2026The companyPDF not statedXBRL
202401/07/2023 – 30/06/202415/01/2025The companyPDFXBRL
202301/07/2022 – 30/06/202329/11/2023The companyPDFXBRL
202201/07/2021 – 30/06/202212/01/2023The companyPDFXBRL
202101/07/2020 – 30/06/202115/12/2021The companyPDFXBRL
202001/10/2019 – 30/06/202004/01/2021The 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

1,291 companies in the database

Comparison with the other companies in electrical installation based on the latest financial year.

Gross profitDKK 8.8mNo. 350 of 1,290
Better than 73% of the companies in the industry
Equity−DKK 1.2mNo. 1277 of 1,291
Better than 1% of the companies in the industry
Number of employees26No. 232 of 1,291
Better than 82% of the companies in the industry

Industry median: gross profit DKK 3.9m, net profit DKK 321k, equity DKK 1.4m, 6 employees.

DKK 100kDKK 1.2mDKK 14.6mDKK 176mDKK 926.4mHere
Distribution of gross profit for 1,272 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 20–49 employees9,922 companies in the comparison
No. 6,202of 9,892
Better than 37%
No. 9,454of 9,922
Better than 5%
Same industry and 20–49 employees187 companies in the comparison
No. 161of 187
Better than 14%
No. 185of 187
Better than 1%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 4,980of 33,588
Better than 85%
No. 32,065of 33,687
Better than 5%
All companies of type ApS66,508 companies in the comparison
No. 7,162of 66,379
Better than 89%
No. 64,007of 66,505
Better than 4%

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
Gross profit
  1. Midtjysk El Center ApSDKK 8.8m
  2. Bravida Danmark A/SDKK 2.1bn
  3. Kemp & Lauritzen A/SDKK 2bn
Net profit
  1. Midtjysk El Center ApS−DKK 748k
  2. Bravida Danmark A/SDKK 160.3m
  3. Kemp & Lauritzen A/SDKK 2.6m
Equity
  1. Midtjysk El Center ApS−DKK 1.2m
  2. Bravida Danmark A/SDKK 629m
  3. Kemp & Lauritzen A/SDKK 588.4m
Employees
  1. Midtjysk El Center ApS26
  2. Bravida Danmark A/S3,163
  3. 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
Owners
  • V.m.aps100%
Midtjysk El Center ApS

Management

1 active registrations

Executive management

Executive management at Midtjysk El Center ApS
NameRoleAppointed
Viggo Fly MulvadDirector01/10/2019
Auditor
Dansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
Founders
V.m.aps

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Siriusvej 1
7430 Ikast

Ikast-Brande Municipality · Postcode 7430

Production units
Production unitAddressEmployeesP number
Midtjysk El Center ApSSiriusvej 1, 7430 Ikast261025097889

Purpose

Selskabets formål er handel og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

11 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20232 changesaccounts 2
  • Annual report for 2023 published
  • Annual report for 2022 published
20222 changesname 1 · industry 1
  • Name changed from Align Group ApS to Midtjysk El Center ApS
  • Industry changed to Electrical installation (432100)
20212 changesaccounts 2
  • Annual report for 2021 published
  • Annual report for 2020 published
20193 changesfounded 1 · management 1 · ownership 1
  • Registered as Align Group ApS
  • Viggo Fly Mulvad appointed director
  • V.M.ApS registered as owner (100%)

Related companies

Same industry in Ikast-Brande

See all →

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