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Øgaard A/S

Public limited companyCVR 24206092FarsøActive

Øgaard A/S is a public limited company, based in Farsø, active in electrical installation, founded in 1999. Net profit rose 204% from 2024 to 2025, ending at DKK 2.8m. Operations are spread over 3 production units in 3 towns. With 74 employees, the company is about 12 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 38.5m+9.7% vs. 2024
Net profitDKK 2.8m+204% vs. 2024
EquityDKK 15.6m+2.7% vs. 2024
Employees74latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 10% (2024 → 2025), to DKK 38.5m.
  • Net profit rose 204% (2024 → 2025), to DKK 2.8m.
  • Equity rose 3% (2024 → 2025), to DKK 15.6m.

Employees

  • 2 fewer employees than a year earlier: 74 (08/2026) against 76 (08/2025).

Management and owners, last 24 months

  • New in management: Karin Westergaard Pedersen (board member, 16/01/2026), Rikke Svejstrup Pedersen Øgaard (director, 06/07/2026) and Emma Elisabeth Svejstrup Øgaard (board member, 06/07/2026).
  • Stepped down: Finn Hovalt Mathiassen (board member, 30/06/2025) and Kim Fuglsang Berg Steffensen (board member, 23/01/2025).

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 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16m202020212022202320242025
EquityNet profit
Financial figures for Øgaard A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit30,13033,30436,32535,63135,13338,541+9.7%
Operating profit (EBIT)4,0353,4113,1522,4411,6303,930+141.1%
Profit before tax3,8493,1082,9072,0041,2033,685+206.3%
Net profit2,9972,4142,2521,5629362,844+204%
Total assets29,54933,03932,06435,16428,46327,373−3.8%
Equity12,02013,43514,68715,24815,18415,601+2.7%
Liabilities15,97617,75115,50518,02511,54210,465−9.3%
Cash and cash equivalents14789743,9141,6811,367−18.7%
Average number of employees626770716865−4.4%

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 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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35mDKK 40m202020212022202320242025
Gross profitMedian, the industry (1,291 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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 Øgaard A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202522/01/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202429/01/2025The companyPDFXBRL
202301/10/2022 – 30/09/202323/12/2023The companyPDFXBRL
202201/10/2021 – 30/09/202216/12/2022The companyPDFXBRL
202101/10/2020 – 30/09/202127/12/2021The companyPDFXBRL
202001/10/2019 – 30/09/202017/02/2021The 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
02040608009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,291 companies in the database

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

Gross profitDKK 38.5mNo. 77 of 1,290
Better than 94% of the companies in the industry
EquityDKK 15.6mNo. 60 of 1,291
Better than 95% of the companies in the industry
Number of employees74No. 59 of 1,291
Better than 96% 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 50–199 employees4,467 companies in the comparison
No. 2,330of 4,412
Better than 47%
No. 2,476of 4,466
Better than 45%
Same industry and 50–199 employees90 companies in the comparison
No. 55of 89
Better than 39%
No. 29of 90
Better than 69%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,853of 24,791
Better than 93%
No. 5,150of 24,909
Better than 79%
All companies of type A/S18,025 companies in the comparison
No. 3,626of 17,786
Better than 80%
No. 7,069of 18,024
Better than 61%

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. Øgaard A/SDKK 38.5m
  2. Bravida Danmark A/SDKK 2.1bn
  3. Kemp & Lauritzen A/SDKK 2bn
Net profit
  1. Øgaard A/SDKK 2.8m
  2. Bravida Danmark A/SDKK 160.3m
  3. Kemp & Lauritzen A/SDKK 2.6m
Equity
  1. Øgaard A/SDKK 15.6m
  2. Bravida Danmark A/SDKK 629m
  3. Kemp & Lauritzen A/SDKK 588.4m
Employees
  1. Øgaard A/S74
  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
  • Øgaard Holding ApS100%
Øgaard A/S

Management

7 active registrations

Executive management

Executive management at Øgaard A/S
NameRoleAppointed
Mads ØgaardDirector01/10/1999
Rikke Svejstrup Pedersen ØgaardDirector06/07/2026

Board of directors

Board of directors at Øgaard A/S
NameRoleAppointed
Mads ØgaardBoard member18/01/2001
Rikke Svejstrup Pedersen ØgaardBoard member18/01/2001
Jens Juul Dollerup SørensenChair of the board10/06/2024
Karin Westergaard PedersenBoard member16/01/2026
Emma Elisabeth Svejstrup ØgaardBoard member06/07/2026
Founders
Detectronic A/S
Former management (4)
Former management at Øgaard A/S
NameRoleAppointedResigned
Finn Hovalt MathiassenBoard member18/01/200130/06/2025
Karen-Margrethe ØgaardBoard member18/01/200116/02/2001
Søren ØgaardBoard member16/02/200113/04/2012
Kim Fuglsang Berg SteffensenBoard member01/05/201623/01/2025

Signing rule: Selskabet tegnes af 1 direktør, af bestyrelsesformanden i forening med 1 bestyrelsesmedlem eller af 3 bestyrelsesmedlemmer i forening

Address and production units

3 active production units

Th. Eriksens Vej 7
9640 Farsø

Vesthimmerlands Municipality · Postcode 9640

Production units
Production unitAddressEmployeesP number
ØGAARD A/STh. Eriksens Vej 7, 9640 Farsø741002891518
ØGAARD A/SVestre Boulevard 11, 9600 Aars31009373582
Nørager Smede og VVSMejlbyvej 42, 9610 Nørager–1019159570

Purpose

Selskabets formål er el-installationsvirksomhed samt anden dermed i forbindelse stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20264 changesmanagement 3 · accounts 1
  • Rikke Svejstrup Pedersen Øgaard appointed director
  • Emma Elisabeth Svejstrup Øgaard appointed board member
  • Annual report for 2025 published
  • Karin Westergaard Pedersen appointed board member
20253 changesmanagement 2 · accounts 1
  • Finn Hovalt Mathiassen stepped down as board member
  • Annual report for 2024 published
  • Kim Fuglsang Berg Steffensen stepped down as board member
20241 changemanagement 1
  • Jens Juul Dollerup Sørensen appointed chair of the board
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20212 changesaccounts 2
  • Annual report for 2021 published
  • Annual report for 2020 published
20161 changemanagement 1
  • Kim Fuglsang Berg Steffensen appointed board member
20151 changename 1
  • Name changed from ØGAARD EL A/S to ØGAARD A/S
20121 changemanagement 1
  • Søren Øgaard stepped down as board member
20071 changeaddress 1
  • Moved to Th. Eriksens Vej 7, 9640 Farsø
20019 changesownership 1 · management 6 · name 1 · capital 1
  • ØGAARD HOLDING ApS registered as owner (100%)
  • Søren Øgaard appointed board member
  • Karen-Margrethe Øgaard stepped down as board member
  • Name changed from ØGAARD EL ApS to ØGAARD EL A/S
  • Share capital changed from 250,000 DKK to 500,000 DKK
  • Mads Øgaard appointed board member
  • Karen-Margrethe Øgaard appointed board member
  • Finn Hovalt Mathiassen appointed board member
  • Rikke Svejstrup Pedersen Øgaard appointed board member
20002 changesname 1 · capital 1
  • Name changed from ØGAARD-EL ApS to ØGAARD EL ApS
  • Share capital changed from 125,000 DKK to 250,000 DKK
19993 changesindustry 1 · founded 1 · management 1
  • Industry changed to El-installation (453100)
  • Registered as ØGAARD-EL ApS
  • Mads Øgaard appointed director

Related companies

Same industry in Vesthimmerlands

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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