CVRdatabase
Menu

Telco Electronics A/S

Public limited companyCVR 87255816BrovstActive

Telco Electronics A/S is a public limited company, based in Brovst, active in manufacture of electronic components, founded in 1979. Net profit rose 59% from 2024 to 2025, ending at DKK 19.3m. Measured by gross profit, it ranks no. 2 of 20 companies in the industry in the database. With 98 employees, the company is about 5 times larger than the industry median.

Follow
PDF reportCompare

Key figures · financial year 2025

Gross profitDKK 67.8m+32.3% vs. 2024
Net profitDKK 19.3m+58.6% vs. 2024
EquityDKK 69.1m+15.6% vs. 2024
Employees98latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 32% (2024 → 2025), to DKK 67.8m.
  • Net profit rose 59% (2024 → 2025), to DKK 19.3m.
  • Equity rose 16% (2024 → 2025), to DKK 69.1m.

Employees

  • 2 fewer employees than a year earlier: 98 (07/2026) against 100 (07/2025).

Management and owners, last 24 months

  • New in management: Lene Nilsson (board member, 24/10/2025).
  • Stepped down: Simon Kiel Jensen (board member, 24/10/2025) and Jim Benny Jensen (board member, 24/10/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of electronic components (261100)

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 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
EquityNet profit
Financial figures for Telco Electronics A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit50,85345,76776,35458,10151,23167,776+32.3%
Operating profit (EBIT)19,36216,53439,55524,26715,92225,189+58.2%
Profit before tax18,61816,03339,21623,99315,57624,784+59.1%
Net profit14,49312,47530,53618,68212,19919,348+58.6%
Total assets75,24071,28186,84988,67781,41389,399+9.8%
Equity47,41548,02666,24560,05159,76469,110+15.6%
Liabilities25,79521,24618,59426,71119,78618,347−7.3%
Cash and cash equivalents1,6664025,0647,0724,00411,009+174.9%
Average number of employees797384757386+17.8%

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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70mDKK 80m202020212022202320242025
Gross profitMedian, the industry (20 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 Telco Electronics A/S
Financial yearPeriodPublishedFigures forDocuments
202501/05/2024 – 30/04/202501/11/2025The companyPDF not statedXBRL
202401/05/2023 – 30/04/202430/10/2024The companyPDFXBRL
202301/05/2022 – 30/04/202311/10/2023The companyPDFXBRL
202201/05/2021 – 30/04/202209/10/2022The companyPDFXBRL
202101/05/2020 – 30/04/202104/10/2021The companyPDFXBRL
202001/05/2019 – 30/04/202007/10/2020The 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
02040608010008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

20 companies in the database

Comparison with the other companies in manufacture of electronic components based on the latest financial year.

Gross profitDKK 67.8mNo. 2 of 20
Better than 95% of the companies in the industry
EquityDKK 69.1mNo. 3 of 20
Better than 89% of the companies in the industry
Number of employees98No. 3 of 20
Better than 89% of the companies in the industry

Industry median: gross profit DKK 5.5m, net profit DKK 583k, equity DKK 7.9m, 19 employees.

DKK 1.3mDKK 4.6mDKK 15.9mDKK 54.6mDKK 124.5mHere
Distribution of gross profit for 17 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. 1,219of 4,412
Better than 72%
No. 925of 4,466
Better than 79%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,163of 10,152
Better than 89%
No. 1,626of 10,275
Better than 84%
All companies of type A/S18,025 companies in the comparison
No. 2,227of 17,786
Better than 87%
No. 2,897of 18,024
Better than 84%

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 electronic components
Gross profit
  1. Telco Electronics A/SDKK 67.8m
  2. CTS Denmark A/SDKK 187.8m
  3. Ortofon A/SDKK 55.3m
Net profit
  1. Telco Electronics A/SDKK 19.3m
  2. CTS Denmark A/SDKK 75.7m
  3. Ortofon A/SDKK 26.3m
Equity
  1. Telco Electronics A/SDKK 69.1m
  2. CTS Denmark A/SDKK 136.2m
  3. Ortofon A/SDKK 38.4m
Employees
  1. Telco Electronics A/S98
  2. CTS Denmark A/S153
  3. Ortofon A/S136

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
Telco Electronics A/S

Management

4 active registrations

Executive management

Executive management at Telco Electronics A/S
NameRoleAppointed
Mikael LarsenCEO01/04/2022

Board of directors

Board of directors at Telco Electronics A/S
NameRoleAppointed
Steen AndreasenChair of the board22/10/2024
Phillip Emanuel JensenBoard member22/10/2024
Lene NilssonBoard member24/10/2025
Former management (17)
Former management at Telco Electronics A/S
NameRoleAppointedResigned
Vibeke Torp ThomsenBoard member26/03/197928/10/2004
Knud Dalsgaard HansenBoard member26/03/197915/01/2002
Steen ThomsenBoard member15/01/200215/01/2002
Steen ThomsenCEO15/01/200215/10/2003
Frank Ole AndersenBoard member15/01/200212/09/2003
Jim Benny JensenChair of the board15/01/200227/09/2021
Ole KristiansenBoard member15/01/200228/10/2004
Ole KristiansenDirector15/01/200230/04/2004
Lene NilssonBoard member12/09/200322/02/2011
Steen AndreasenCEO15/10/200301/04/2022
Steen AndreasenBoard member28/10/200428/09/2005
Jens MøllerBoard member27/12/200428/10/2005
Phillip Emanuel JensenBoard member28/09/200527/09/2021
Simon Kiel JensenBoard member28/09/200524/10/2025
Lars Krarup LarsenBoard member22/02/201125/10/2019
Jim Benny JensenBoard member28/09/202124/10/2025
Phillip Emanuel JensenChair of the board28/09/202121/10/2024

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

Address and production units

1 active production units

Vangen 5
9460 Brovst

Jammerbugt Municipality · Postcode 9460

Other companies at the address (1)

  • Telco A/SOffice administrative and support activities
Production units
Production unitAddressEmployeesP number
TELCO ELECTRONICS A/SVangen 5, 9460 Brovst981002767710

Purpose

Selskabets formål er produktion og salg af elektroniske artikler samt al virksomhed som efter bestyrelsens skøn er beslægtet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

53 registered events
20255 changesaccounts 1 · management 3 · industry 1
  • Annual report for 2025 published
  • Lene Nilsson appointed board member
  • Jim Benny Jensen stepped down as board member
  • Simon Kiel Jensen stepped down as board member
  • Industry changed to Manufacture of electronic components (261100)
20244 changesaccounts 1 · management 3
  • Annual report for 2024 published
  • Phillip Emanuel Jensen appointed board member
  • Steen Andreasen appointed chair of the board
  • Phillip Emanuel Jensen stepped down as chair of the board
20231 changeaccounts 1
  • Annual report for 2023 published
20223 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Mikael Larsen appointed ceo
  • Steen Andreasen stepped down as ceo
20215 changesaccounts 1 · management 4
  • Annual report for 2021 published
  • Phillip Emanuel Jensen appointed chair of the board
  • Jim Benny Jensen appointed board member
  • Phillip Emanuel Jensen stepped down as board member
  • Jim Benny Jensen stepped down as chair of the board
20201 changeaccounts 1
  • Annual report for 2020 published
20191 changemanagement 1
  • Lars Krarup Larsen stepped down as board member
20112 changesmanagement 2
  • Lars Krarup Larsen appointed board member
  • Lene Nilsson stepped down as board member
20081 changeindustry 1
  • Industry changed to Manufacture of electronic components (261100)
20072 changesaddress 1 · industry 1
  • Moved to Vangen 5, 9460 Brovst
  • Industry changed to Fremstilling af brilleglas og optiske instrumenter mv. (334010)
20054 changesmanagement 4
  • Jens Møller stepped down as board member
  • Phillip Emanuel Jensen appointed board member
  • Simon Kiel Jensen appointed board member
  • Steen Andreasen stepped down as board member
20047 changesmanagement 5 · ownership 1 · industry 1
  • Jens Møller appointed board member
  • Steen Andreasen appointed board member
  • Ole Kristiansen stepped down as board member
  • Vibeke Torp Thomsen stepped down as board member
  • TELCO A/S registered as owner (100%)
  • Ole Kristiansen stepped down as director
  • Industry changed to Fremstilling af halvlederkomponenter, kondensatorer, modstande mv. (321090)
20035 changesmanagement 4 · name 1
  • Steen Andreasen appointed ceo
  • Steen Thomsen stepped down as ceo
  • Lene Nilsson appointed board member
  • Frank Ole Andersen stepped down as board member
  • Name changed from VST ELEKTRONIK A/S to TELCO ELECTRONICS A/S
20028 changesmanagement 8
  • Ole Kristiansen appointed board member
  • Jim Benny Jensen appointed chair of the board
  • Frank Ole Andersen appointed board member
  • Steen Thomsen appointed board member
  • Steen Thomsen stepped down as board member
  • Steen Thomsen appointed ceo
  • Ole Kristiansen appointed director
  • Knud Dalsgaard Hansen stepped down as board member
19901 changecapital 1
  • Share capital changed from 80,000 DKK to 500,000 DKK
19793 changesfounded 1 · management 2
  • Registered as VST ELEKTRONIK A/S
  • Knud Dalsgaard Hansen appointed board member
  • Vibeke Torp Thomsen appointed board member

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