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TS Tech A/S

Public limited companyCVR 33362420EsbjergActive

TS Tech A/S is a public limited company, based in Esbjerg, active in electrical installation, founded in 2010. Net profit rose 41% from 2024 to 2025, ending at DKK 6.2m. Operations are spread over 3 production units. With 91 employees, the company is about 15 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 58.3m−2.1% vs. 2024
Net profitDKK 6.2m+41.4% vs. 2024
EquityDKK 13.4m+86.1% vs. 2024
Employees91latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 2% (2024 → 2025), to DKK 58.3m.
  • Net profit rose 41% (2024 → 2025), to DKK 6.2m.
  • Equity rose 86% (2024 → 2025), to DKK 13.4m.

Employees

  • 16 more employees than a year earlier: 91 (08/2026) against 75 (08/2025).

Management and owners, last 24 months

  • New in management: Dennis Østergård Mathiasen (ceo, 03/03/2025), Dennis Østergård Mathiasen (board member, 16/06/2026) and Mads Danielsen (board member, 06/02/2026).
  • Stepped down: Thomas Bech Sandholdt (board member, 06/02/2026), Thomas Bech Sandholdt (ceo, 03/03/2025) and Mads Danielsen (board member, 29/05/2026).

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 14m202020212022202320242025
EquityNet profit
Financial figures for TS Tech A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit25,91129,69937,12444,37759,57258,336−2.1%
Operating profit (EBIT)5,7187,3316,9479,2326,0937,430+21.9%
Profit before tax5,7517,3236,8888,8256,6877,989+19.5%
Net profit4,4845,7025,3446,9204,3866,200+41.4%
Total assets24,29720,39538,55135,74662,02776,483+23.3%
Equity5,5646,7666,61014,0307,19913,399+86.1%
Liabilities18,73213,62931,21221,05346,08051,058+10.8%
Cash and cash equivalents3,634126252602259368+42.2%
Average number of employees394041526468+6.3%

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 60m202020212022202320242025
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 TS Tech A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/08/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/04/2024The companyPDFXBRL
202201/11/2021 – 31/12/202228/04/2023The companyPDFXBRL
202101/11/2020 – 31/10/202111/01/2022The companyPDFXBRL
202001/11/2019 – 31/10/202021/12/2020The 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
02040608010009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 58.3mNo. 43 of 1,290
Better than 97% of the companies in the industry
EquityDKK 13.4mNo. 82 of 1,291
Better than 94% of the companies in the industry
Number of employees91No. 55 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. 1,479of 4,412
Better than 66%
No. 2,613of 4,466
Better than 42%
Same industry and 50–199 employees90 companies in the comparison
No. 22of 89
Better than 76%
No. 40of 90
Better than 56%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,224of 24,791
Better than 95%
No. 5,618of 24,909
Better than 77%
All companies of type A/S18,025 companies in the comparison
No. 2,523of 17,786
Better than 86%
No. 7,619of 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

Electrical installation
Gross profit
  1. TS Tech A/SDKK 58.3m
  2. Bravida Danmark A/SDKK 2.1bn
  3. Kemp & Lauritzen A/SDKK 2bn
Net profit
  1. TS Tech A/SDKK 6.2m
  2. Bravida Danmark A/SDKK 160.3m
  3. Kemp & Lauritzen A/SDKK 2.6m
Equity
  1. TS Tech A/SDKK 13.4m
  2. Bravida Danmark A/SDKK 629m
  3. Kemp & Lauritzen A/SDKK 588.4m
Employees
  1. TS Tech A/S91
  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
  • TS Tech Group A/S100%
TS Tech A/S

Management

5 active registrations

Executive management

Executive management at TS Tech A/S
NameRoleAppointed
Thomas Vallentin WestDirector28/04/2021
Dennis Østergård MathiasenCEO03/03/2025

Board of directors

Board of directors at TS Tech A/S
NameRoleAppointed
John SørensenBoard member14/12/2021
Niels Grening LangerhuusChair of the board14/12/2021
Dennis Østergård MathiasenBoard member16/06/2026
Founders
Thomas Bech Sandholdt
Former management (13)
Former management at TS Tech A/S
NameRoleAppointedResigned
Thomas Bech SandholdtDirector08/12/201027/04/2021
Thomas Bech SandholdtBoard member28/03/201106/02/2026
Dorthe Bech SandholdtChair of the board28/03/201131/08/2016
Henrik Lausten JørgensenBoard member28/03/201131/08/2016
Lars JensenChair of the board31/08/201617/10/2016
Christian Møller ChristensenBoard member31/08/201615/12/2020
Lars JensenBoard member18/10/201628/04/2022
Kaj Møller LindvigChair of the board18/10/201614/12/2021
Thomas Vallentin WestDirector20/06/201718/09/2019
Niels Grening LangerhuusBoard member26/06/201913/12/2021
Thomas Vallentin WestCEO19/09/201927/04/2021
Thomas Bech SandholdtCEO28/04/202103/03/2025
Mads DanielsenBoard member06/02/202629/05/2026

Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med den administrerende direktør, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

3 active production units

H E Bluhmes Vej 45
6700 Esbjerg

Esbjerg Municipality · Postcode 6700

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
TS TECH A/SH E Bluhmes Vej 45, 6700 Esbjerg841016498315
TS TECH A/STampenkaj 1, 6700 Esbjerg–1019427273
TS TECH A/SVesterhavsgade 94, 6700 Esbjerg–1029163487

Purpose

Selskabets formål er at drive virksomhed med udførelse af el-installationer og offshore og al hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

53 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Dennis Østergård Mathiasen appointed board member
  • Mads Danielsen stepped down as board member
  • Mads Danielsen appointed board member
  • Thomas Bech Sandholdt stepped down as board member
20253 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Dennis Østergård Mathiasen appointed ceo
  • Thomas Bech Sandholdt stepped down as ceo
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changescapital 1 · accounts 1
  • Share capital changed from 500,000 DKK to 5,000,000 DKK
  • Annual report for 2022 published
20224 changesmanagement 1 · ownership 2 · accounts 1
  • Lars Jensen stepped down as board member
  • TS Tech Group A/S registered as owner (100%)
  • TS Tech Eltronic Holding ApS is no longer registered as owner
  • Annual report for 2021 published
20218 changesmanagement 8
  • Niels Grening Langerhuus appointed chair of the board
  • John Sørensen appointed board member
  • Kaj Møller Lindvig stepped down as chair of the board
  • Niels Grening Langerhuus stepped down as board member
  • Thomas Bech Sandholdt appointed ceo
  • Thomas Vallentin West appointed director
  • Thomas Vallentin West stepped down as ceo
  • Thomas Bech Sandholdt stepped down as director
20203 changesaccounts 1 · management 1 · merger 1
  • Annual report for 2020 published
  • Christian Møller Christensen stepped down as board member
  • Merger registered in CVR
20193 changesmanagement 3
  • Thomas Vallentin West appointed ceo
  • Thomas Vallentin West stepped down as director
  • Niels Grening Langerhuus appointed board member
20172 changesmanagement 1 · address 1
  • Thomas Vallentin West appointed director
  • Moved to H E Bluhmes Vej 45, 6700 Esbjerg
201611 changesmanagement 7 · ownership 4
  • Kaj Møller Lindvig appointed chair of the board
  • Lars Jensen appointed board member
  • Lars Jensen stepped down as chair of the board
  • Lars Jensen appointed chair of the board
  • Christian Møller Christensen appointed board member
  • Henrik Lausten Jørgensen stepped down as board member
  • Dorthe Bech Sandholdt stepped down as chair of the board
  • TS Tech Eltronic Holding ApS registered as owner (100%)
  • Henrik Frede Nickelsen is no longer registered as owner
  • TS TECH HOLDING ApS is no longer registered as owner
  • HLJ HOLDING ESBJERG ApS is no longer registered as owner
20143 changesownership 3
  • Henrik Frede Nickelsen registered as owner (5%)
  • TS TECH HOLDING ApS registered as owner (66.67%)
  • HLJ HOLDING ESBJERG ApS registered as owner (10%)
20132 changesname 1 · capital 1
  • Name changed from TS TECH ApS to TS TECH A/S
  • Share capital changed from 88,888 DKK to 500,000 DKK
20114 changescapital 1 · management 3
  • Share capital changed from 80,000 DKK to 88,888 DKK
  • Thomas Bech Sandholdt appointed board member
  • Henrik Lausten Jørgensen appointed board member
  • Dorthe Bech Sandholdt appointed chair of the board
20102 changesfounded 1 · management 1
  • Registered as TS TECH ApS
  • Thomas Bech Sandholdt appointed director

Related companies

Same industry in Esbjerg

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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