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Rlay A/S

Public limited companyCVR 29317941HorsensActive

Rlay A/S is a public limited company, based in Horsens, active in repair of electrical equipment, founded in 2006. Net profit rose 12% from 2024 to 2025, ending at DKK 2.5m. Equity fell to DKK 14.6m in 2025. Gross profit is higher than that of 75% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 19.7m+3.3% vs. 2024
Net profitDKK 2.5m+12.4% vs. 2024
EquityDKK 14.6m−26.5% vs. 2024
Employees26latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 3% (2024 → 2025), to DKK 19.7m.
  • Net profit rose 12% (2024 → 2025), to DKK 2.5m.
  • Equity fell 27% (2024 → 2025), to DKK 14.6m.

Employees

  • 5 fewer employees than a year earlier: 26 (08/2026) against 31 (08/2025).

Management and owners, last 24 months

  • New in management: Lars Møldrup (board member, 18/02/2025), Anders Løwe Hansen (chair of the board, 18/02/2026) and Anders Løwe Hansen (board member, 08/10/2025).
  • Stepped down: Leif Ove Holm Andersen (chair of the board, 18/02/2026), Leif Henning Rasmussen (board member, 18/02/2026) and Anders Løwe Hansen (board member, 17/02/2026).
  • New owners registered: Lars Møldrup Holding ApS (26/06/2025).

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 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for Rlay A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit41,52843,67746,85290,52919,06319,700+3.3%
Operating profit (EBIT)4,2384,3276,25055,1081,9343,620+87.2%
Profit before tax4,0074,1826,14055,0502,8533,219+12.8%
Net profit3,1173,1904,78342,9382,2242,500+12.4%
Total assets39,59837,22062,75772,80328,74426,939−6.3%
Equity12,75813,94818,73142,66819,89314,617−26.5%
Liabilities24,79521,45941,22730,1348,85112,044+36.1%
Cash and cash equivalents–––16,1680––
Average number of employees596670572927−6.9%

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 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (77 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 Rlay A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202527/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202317/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202206/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202110/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202011/03/2021The 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
0102030405060708009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 19.7mNo. 20 of 77
Better than 75% of the companies in the industry
EquityDKK 14.6mNo. 18 of 77
Better than 78% of the companies in the industry
Number of employees26No. 21 of 77
Better than 74% 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 20–49 employees9,922 companies in the comparison
No. 2,913of 9,892
Better than 71%
No. 2,289of 9,922
Better than 77%
Same industry and 20–49 employees12 companies in the comparison
No. 7of 12
Better than 45%
No. 6of 12
Better than 55%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,415of 24,791
Better than 86%
No. 5,344of 24,909
Better than 79%
All companies of type A/S18,025 companies in the comparison
No. 5,999of 17,786
Better than 66%
No. 7,322of 18,024
Better than 59%

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. Rlay A/SDKK 19.7m
  2. Zeppelin Danmark A/SDKK 315.3m
  3. Swire Renewable Energy A/SDKK 254.8m
Net profit
  1. Rlay A/SDKK 2.5m
  2. Zeppelin Danmark A/SDKK 46.6m
  3. Swire Renewable Energy A/S−DKK 125.2m
Equity
  1. Rlay A/SDKK 14.6m
  2. Zeppelin Danmark A/SDKK 360.1m
  3. Swire Renewable Energy A/SDKK 84.6m
Employees
  1. Rlay A/S26
  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
  • Lars Farsø Pedersen Holding ApS90%
  • Lars Møldrup Holding ApS10%
Rlay A/S

Management

4 active registrations

Executive management

Executive management at Rlay A/S
NameRoleAppointed
Lars FarsøDirector30/01/2006

Board of directors

Board of directors at Rlay A/S
NameRoleAppointed
Lars FarsøBoard member30/01/2006
Lars MøldrupBoard member18/02/2025
Anders Løwe HansenChair of the board18/02/2026
Founders
Leif Rasmussen Holding ApS, Lars Farsø Pedersen Holding ApS
Former management (9)
Former management at Rlay A/S
NameRoleAppointedResigned
Leif Henning RasmussenChair of the board30/01/200608/03/2016
Ole KarlsenBoard member08/10/200811/03/2010
Trine Piltoft FarsøBoard member31/03/201401/11/2014
Leif Ove Holm AndersenBoard member01/11/201408/03/2016
Leif Ove Holm AndersenChair of the board09/03/201618/02/2026
Per KristensenBoard member09/03/201619/08/2016
Leif Henning RasmussenBoard member09/03/201618/02/2026
Dan QuelleBoard member29/04/201917/09/2020
Anders Løwe HansenBoard member08/10/202517/02/2026

Signing rule: Selskabet tegnes af direktøren alene, direktøren i forening med et medlem af bestyrelsen eller den samlede bestyrelse.

Address and production units

1 active production units

Fuglevangsvej 45
8700 Horsens

Horsens Municipality · Postcode 8700

Production units
Production unitAddressEmployeesP number
RLAY A/SFuglevangsvej 45, 8700 Horsens261012006817

Purpose

Selskabets formål er at drive handel og produktion samt dermed beslægtet virksomhed efter bestyrelsens skøn.

The purpose is quoted from the register in Danish.

Changes year by year

47 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Anders Løwe Hansen appointed chair of the board
  • Leif Henning Rasmussen stepped down as board member
  • Leif Ove Holm Andersen stepped down as chair of the board
  • Anders Løwe Hansen stepped down as board member
20255 changesmanagement 2 · ownership 1 · accounts 1 · industry 1
  • Anders Løwe Hansen appointed board member
  • Lars Møldrup Holding ApS registered as owner (10%)
  • Annual report for 2024 published
  • Lars Møldrup appointed board member
  • Industry changed to Repair of electrical equipment (331400)
20246 changesownership 4 · name 1 · accounts 1
  • LEIF RASMUSSEN HOLDING ApS registered as owner (50%)
  • LEIF RASMUSSEN HOLDING ApS is no longer registered as owner
  • LARS FARSØ PEDERSEN HOLDING ApS registered as owner (90%)
  • FHA HOLDING ApS is no longer registered as owner
  • Name changed from FH AUTOMATION A/S to RLAY A/S
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changemanagement 1
  • Dan Quelle stepped down as board member
20191 changemanagement 1
  • Dan Quelle appointed board member
20166 changesmanagement 6
  • Per Kristensen stepped down as board member
  • Leif Henning Rasmussen appointed board member
  • Leif Ove Holm Andersen appointed chair of the board
  • Per Kristensen appointed board member
  • Leif Ove Holm Andersen stepped down as board member
  • Leif Henning Rasmussen stepped down as chair of the board
20151 changeownership 1
  • FHA HOLDING ApS registered as owner (100%)
20145 changesmanagement 3 · address 1 · merger 1
  • Leif Ove Holm Andersen appointed board member
  • Trine Piltoft Farsø stepped down as board member
  • Moved to Fuglevangsvej 45, 8700 Horsens
  • Merger registered in CVR
  • Trine Piltoft Farsø appointed board member
20101 changemanagement 1
  • Ole Karlsen stepped down as board member
20091 changename 1
  • Name changed from FH AUTOMATION AF 1. JANUAR 2006 A/S to FH AUTOMATION A/S
20082 changesmanagement 1 · industry 1
  • Ole Karlsen appointed board member
  • Industry changed to Repair of electrical equipment (331400)
200610 changesaddress 1 · industry 1 · ownership 4 · founded 1 · management 3
  • Moved to Vejlevej 147, 8700 Horsens
  • Industry changed to Elektromekaniske værksteder (316220)
  • Lars Farsø is no longer registered as owner
  • Leif Henning Rasmussen is no longer registered as owner
  • Registered as FH AUTOMATION AF 1. JANUAR 2006 A/S
  • Leif Henning Rasmussen appointed chair of the board
  • Lars Farsø appointed board member
  • Lars Farsø appointed director
  • Lars Farsø registered as owner (50%)
  • Leif Henning Rasmussen registered as owner (50%)

Related companies

Same industry in Horsens

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