Tallykey A/S
Public limited companyCVR 19367770HolstebroActive
Tallykey A/S is a public limited company, based in Holstebro, active in manufacture of electricity distribution and control apparatus, founded in 1996. Net profit fell 24% from 2024 to 2025, ending at DKK 2.6m. Operations are spread over 3 production units in 3 towns. Equity grew to DKK 13.5m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 11% (2024 → 2025), to DKK 9.7m.
- Net profit fell 24% (2024 → 2025), to DKK 2.6m.
- Equity rose 29% (2024 → 2025), to DKK 13.5m.
Employees
- 16 more employees than a year earlier: 35 (08/2026) against 19 (08/2025).
Management and owners, last 24 months
- New in management: Stig Bundgaard (chair of the board, 03/07/2025), Dennis Albæk (board member, 03/07/2025) and Rasmus Vesterå Østergaard Larsen (board member, 03/07/2025) (+2).
- Stepped down: Leif Kenneth Odgaard (board member, 03/07/2025), Leif Kenneth Odgaard (director, 31/12/2025) and Frank Egon Petersen (board member, 03/07/2025) (+2).
- New owners registered: Vækst-Invest II Keyhanger BidCo ApS (03/07/2025).
- No longer registered as owner: Leif Odgaard Holding ApS (03/07/2025).
Registrations, last 24 months
- 21/02/2025: Moved to Fabersvej 9, 7500 Holstebro
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 5,814 | 7,563 | 11,519 | 9,800 | 10,960 | 9,749 | −11% |
| Operating profit (EBIT) | 1,046 | 2,260 | 5,061 | 1,383 | 4,544 | 3,323 | −26.9% |
| Profit before tax | 836 | 2,134 | 4,885 | 1,140 | 4,422 | 3,345 | −24.4% |
| Net profit | 728 | 1,735 | 3,878 | 896 | 3,461 | 2,623 | −24.2% |
| Total assets | 12,114 | 13,133 | 18,547 | 18,002 | 16,479 | 21,746 | +32% |
| Equity | 3,701 | 5,186 | 9,064 | 7,460 | 10,448 | 13,507 | +29.3% |
| Liabilities | 7,887 | 7,387 | 8,900 | 9,881 | 5,440 | 7,698 | +41.5% |
| Cash and cash equivalents | 147 | 313 | 288 | 475 | 625 | 725 | +16% |
| Average number of employees | 15 | 15 | 16 | 18 | 17 | 17 | 0% |
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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 21/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 22/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 29/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 22/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 03/05/2021 | 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
63 companies in the databaseComparison with the other companies in manufacture of electricity distribution and control apparatus based on the latest financial year.
Industry median: gross profit DKK 10m, net profit DKK 1.4m, equity DKK 6.8m, 16 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 5,861of 9,892 Better than 41% | No. 2,433of 9,922 Better than 75% |
| Same industry and 20–49 employees11 companies in the comparison | No. 11of 11 Better than 0% | No. 3of 11 Better than 80% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 4,229of 10,152 Better than 58% | No. 4,151of 10,275 Better than 60% |
| All companies of type A/S18,025 companies in the comparison | No. 9,094of 17,786 Better than 49% | No. 7,591of 18,024 Better than 58% |
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
Manufacture of electricity distribution and control apparatus- Tallykey A/SDKK 9.7m
- KK Group A/SDKK 777.8m
- Cubic- Modulsystem A/SDKK 550.3m
- Tallykey A/SDKK 2.6m
- KK Group A/SDKK 30.1m
- Cubic- Modulsystem A/SDKK 283.7m
- Tallykey A/SDKK 13.5m
- KK Group A/SDKK 1.2bn
- Cubic- Modulsystem A/SDKK 736.5m
- Tallykey A/S35
- KK Group A/S705
- Cubic- Modulsystem A/S346
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Vækst-Invest II Keyhanger BidCo ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Marc Bak Lejbøl Tørnstrøm | CEO | 12/01/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Stig Bundgaard | Chair of the board | 03/07/2025 |
| Dennis Albæk | Board member | 03/07/2025 |
| Rasmus Vesterå Østergaard Larsen | Board member | 03/07/2025 |
- Founders
- Leif Kenneth Odgaard
Former management (14)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Leif Kenneth Odgaard | Board member | 24/06/1996 | 03/07/2025 |
| Leif Kenneth Odgaard | Director | 24/06/1996 | 31/12/2025 |
| Leif Eskelund | Board member | 24/06/1996 | 18/06/2003 |
| Hans Kurt Rasmussen | Board member | 16/04/1999 | 18/06/2003 |
| Tove Odgaard | Board member | 18/06/2003 | 31/05/2019 |
| Mads Odgaard | Board member | 18/06/2003 | 31/05/2019 |
| Frank Egon Petersen | Board member | 31/05/2019 | 07/09/2021 |
| Claus Erland Kotasek | Board member | 31/05/2019 | 04/01/2022 |
| Svend-Erik Vagn Jensen | Chair of the board | 31/05/2019 | 08/09/2021 |
| Viggo Nedergaard Jensen | Board member | 31/05/2019 | 27/04/2021 |
| Frank Egon Petersen | Chair of the board | 08/09/2021 | 04/01/2022 |
| Frank Egon Petersen | Board member | 05/01/2022 | 03/07/2025 |
| Claus Erland Kotasek | Chair of the board | 05/01/2022 | 03/07/2025 |
| Niels Henrik Nørgaard | Board member | 03/07/2025 | 11/09/2026 |
Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsesformanden eller af den samlede bestyrelse.
Address and production units
3 active production unitsFabersvej 9
7500 Holstebro
Holstebro Municipality · Postcode 7500
Other companies at the address (1)
- Beas A/SManufacture of electricity distribution and control apparatus
| Production unit | Address | Employees | P number |
|---|---|---|---|
| TALLYKEY A/S | Fabersvej 9, 7500 Holstebro | 31 | 1003862125 |
| BETALLY A/S | Ydunsvej 2, 4180 Sorø | 1 | 1032412307 |
| Tallykey A/S | Granvej 51, 7870 Roslev | 1 | 1032256674 |
Purpose
Selskabets formål er at drive produktionsvirksomhed, handel, håndværk, industri og dermed beslægtet virksomhed samt udvikling og drift af software med salg af abonnementsløsninger.
The purpose is quoted from the register in Danish.
Changes year by year
53 registered events20263 changesmanagement 2 · accounts 1
- ManagementNiels Henrik Nørgaard stepped down as board member
- AccountsAnnual report for 2025 published
- ManagementMarc Bak Lejbøl Tørnstrøm appointed ceo
202512 changesmanagement 8 · ownership 2 · accounts 1 · address 1
- ManagementLeif Kenneth Odgaard stepped down as director
- ManagementRasmus Vesterå Østergaard Larsen appointed board member
- ManagementStig Bundgaard appointed chair of the board
- ManagementNiels Henrik Nørgaard appointed board member
- ManagementDennis Albæk appointed board member
- ManagementFrank Egon Petersen stepped down as board member
- ManagementClaus Erland Kotasek stepped down as chair of the board
- ManagementLeif Kenneth Odgaard stepped down as board member
- OwnershipVækst-Invest II Keyhanger BidCo ApS registered as owner (100%)
- OwnershipLEIF ODGAARD HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
- AddressMoved to Fabersvej 9, 7500 Holstebro
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20232 changesaddress 1 · accounts 1
- AddressMoved to Fabersvej 9, 7500 Holstebro
- AccountsAnnual report for 2022 published
20229 changesownership 4 · accounts 1 · management 4
- OwnershipLeif Kenneth Odgaard registered as owner (90%)
- OwnershipLeif Kenneth Odgaard is no longer registered as owner
- OwnershipLEIF ODGAARD HOLDING ApS registered as owner (90%)
- OwnershipLEIF ODGAARD HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2021 published
- ManagementFrank Egon Petersen appointed board member
- ManagementClaus Erland Kotasek appointed chair of the board
- ManagementFrank Egon Petersen stepped down as chair of the board
- ManagementClaus Erland Kotasek stepped down as board member
20215 changesmanagement 4 · accounts 1
- ManagementFrank Egon Petersen appointed chair of the board
- ManagementSvend-Erik Vagn Jensen stepped down as chair of the board
- ManagementFrank Egon Petersen stepped down as board member
- AccountsAnnual report for 2020 published
- ManagementViggo Nedergaard Jensen stepped down as board member
20196 changesmanagement 6
- ManagementViggo Nedergaard Jensen appointed board member
- ManagementFrank Egon Petersen appointed board member
- ManagementClaus Erland Kotasek appointed board member
- ManagementSvend-Erik Vagn Jensen appointed chair of the board
- ManagementMads Odgaard stepped down as board member
- ManagementTove Odgaard stepped down as board member
20101 changecapital 1
- CapitalShare capital changed from 600,000 DKK to 1,000,000 DKK
20082 changesindustry 2
- IndustryIndustry changed to Manufacture of electricity distribution and control apparatus (271200)
- IndustryIndustry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)
20036 changesownership 2 · management 4
- OwnershipLEIF ODGAARD HOLDING ApS registered as owner (100%)
- OwnershipLeif Kenneth Odgaard is no longer registered as owner
- ManagementMads Odgaard appointed board member
- ManagementTove Odgaard appointed board member
- ManagementHans Kurt Rasmussen stepped down as board member
- ManagementLeif Eskelund stepped down as board member
19991 changemanagement 1
- ManagementHans Kurt Rasmussen appointed board member
19965 changesfounded 1 · management 3 · ownership 1
- FoundedRegistered as TALLYKEY A/S
- ManagementLeif Kenneth Odgaard appointed board member
- ManagementLeif Eskelund appointed board member
- ManagementLeif Kenneth Odgaard appointed director
- OwnershipLeif Kenneth Odgaard registered as owner (100%)
Related companies
Same people in management
- Awaze A/Svia Viggo Nedergaard Jensen
- itm8 A/Svia Stig Bundgaard
- Louis Poulsen A/Svia Viggo Nedergaard Jensen
- N.C. Nielsen A/Svia Stig Bundgaard
- Orkla Care A/Svia Viggo Nedergaard Jensen
- Geopartner Landinspektører A/Svia Claus Erland Kotasek
Largest in the industry
- KK Group A/SDKK 777.8m
- Cubic- Modulsystem A/SDKK 550.3m
- Powercon A/SDKK 273.1m
- Gåsdal Bygningsindustri A/SDKK 205.4m
- Pro-automatic A/SDKK 175.6m
- BITZER Electronics A/SDKK 133.4m
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.