Tsg El A/S

Public limited companyCVR 30550757BirkerødActive

Tsg El A/S is a public limited company, based in Birkerød, active in electrical installation, founded in 2007. Equity was negative at the end of 2025 (−DKK 3.3m). The company made a loss in both 2024 and 2025, most recently DKK 7.9m.

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Key figures · financial year 2025

Gross profitDKK 7.3m−40.7% vs. 2024
Net profit−DKK 7.9m−389.1% vs. 2024
Equity−DKK 3.3m−174% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 41% (2024 → 2025), to DKK 7.3m.
  • The loss grew: from DKK 1.6m to DKK 7.9m (2024 → 2025).
  • Equity turned negative: −DKK 3.3m (2024 → 2025).

Employees

  • 12 fewer employees than a year earlier: 8 (08/2026) against 20 (08/2025).

Management and owners, last 24 months

  • New in management: Rudolf Fredericus Brockhus (board member, 31/08/2026) and Hans Henrik Hermann Rasmussen (director, 01/09/2026).
  • Stepped down: Susanne Svarre (director, 31/08/2026) and Susanne Svarre (board member, 31/08/2026).

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 2018–2025 · amounts in DKK thousand

Equity and net profit

−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6m201820192022202320242025
EquityNet profit
Financial figures for Tsg El A/S
201820192022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,4572,8665,30510,95612,3347,319−40.7%
Operating profit (EBIT)9445123677−1,987−10,052−406%
Profit before tax6323110520−2,048−10,084−392.5%
Net profit451390392−1,610−7,875−389.1%
Total assets1,3171,5171,57812,53212,3489,620−22.1%
Equity3443572156,1354,525−3,350−174%
Liabilities9651,1581,3636,3517,82212,810+63.8%
Cash and cash equivalents296684591,8881,1741,600+36.3%
Average number of employees4491927270%

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 2018, 2019, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m201820192022202320242025
Gross profitMedian, the industry (1,291 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Negative equity

    Equity was −DKK 3.3m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

    Net result is negative in the two or more 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 Tsg El A/S
Financial yearPeriodPublishedFigures forDocuments
202501/05/2024 – 30/04/202530/10/2025The companyPDF not statedXBRL
202401/05/2023 – 30/04/202408/10/2024The companyPDFXBRL
202301/05/2022 – 30/04/202322/09/2023The companyPDFXBRL
202201/01/2021 – 30/04/202220/06/2022The companyPDFXBRL
201901/01/2019 – 31/12/201930/03/2020The companyPDFXBRL
201801/01/2018 – 31/12/201819/06/2019The 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
05101520253009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 7.3mNo. 406 of 1,290
Better than 69% of the companies in the industry
Equity−DKK 3.3mNo. 1286 of 1,291
Better than 0% of the companies in the industry
Number of employees8No. 176 of 1,291
Better than 86% 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 fewer than 20 employees69,967 companies in the comparison
No. 8,033of 69,742
Better than 88%
No. 68,822of 69,964
Better than 2%
Same industry and fewer than 20 employees993 companies in the comparison
No. 130of 993
Better than 87%
No. 989of 993
Better than 0%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 7,523of 24,791
Better than 70%
No. 24,572of 24,909
Better than 1%
All companies of type A/S18,025 companies in the comparison
No. 10,383of 17,786
Better than 42%
No. 17,604of 18,024
Better than 2%

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. Tsg El A/SDKK 7.3m
  2. Bravida Danmark A/SDKK 2.1bn
  3. Kemp & Lauritzen A/SDKK 2bn
Net profit
  1. Tsg El A/S−DKK 7.9m
  2. Bravida Danmark A/SDKK 160.3m
  3. Kemp & Lauritzen A/SDKK 2.6m
Equity
  1. Tsg El A/S−DKK 3.3m
  2. Bravida Danmark A/SDKK 629m
  3. Kemp & Lauritzen A/SDKK 588.4m
Employees
  1. Tsg El A/S8
  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
  • TSG Northern Europe Holding B.V.100%
Tsg El A/S

Management

4 active registrations

Executive management

Executive management at Tsg El A/S
NameRoleAppointed
Hans Henrik Hermann RasmussenDirector01/09/2026

Board of directors

Board of directors at Tsg El A/S
NameRoleAppointed
Mario Jozef BoereChair of the board15/07/2022
Long NguyenBoard member15/07/2022
Rudolf Fredericus BrockhusBoard member31/08/2026
Auditor
Crowe Statsautoriseret Revisionsinteressentskab
Founders
Morten Møller Bertelsen
Former management (3)
Former management at Tsg El A/S
NameRoleAppointedResigned
Morten Møller BertelsenDirector27/06/200703/06/2021
Susanne SvarreDirector03/06/202131/08/2026
Susanne SvarreBoard member15/07/202231/08/2026

Signing rule: Selskabet tegnes af én direktør eller af 2 bestyrelsesmedlemmer i forening. 

Address and production units

2 active production units

Birkerød Kongevej 194A
3460 Birkerød

Rudersdal Municipality · Postcode 3460

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
TSG EL A/S - SYDÅstvej 10B, 7190 Billund71029144202
TSG EL A/SBirkerød Kongevej 194A, 3460 Birkerød11013399383

Purpose

Selskabets formål er at udføre elektrikerarbejde samt anden virksomhed i naturlig forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20264 changesmanagement 4
  • Hans Henrik Hermann Rasmussen appointed director
  • Rudolf Fredericus Brockhus appointed board member
  • Susanne Svarre stepped down as board member
  • Susanne Svarre stepped down as director
20251 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
20233 changesaccounts 1 · capital 1 · merger 1
  • Annual report for 2023 published
  • Share capital changed from 500,000 DKK to 600,000 DKK
  • Merger registered in CVR
20228 changesaddress 1 · name 1 · capital 1 · management 3 · merger 1 · accounts 1
  • Moved to Birkerød Kongevej 194A, 3460 Birkerød
  • Name changed from MB EL-SERVICE ApS to TSG EL A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Long Nguyen appointed board member
  • Mario Jozef Boere appointed chair of the board
  • Susanne Svarre appointed board member
  • Merger registered in CVR
  • Annual report for 2022 published
20214 changesmanagement 2 · ownership 2
  • Susanne Svarre appointed director
  • Morten Møller Bertelsen stepped down as director
  • TSG Northern Europe Holding B.V. registered as owner (100%)
  • MORTEN BERTELSEN HOLDING ApS is no longer registered as owner
20201 changeaccounts 1
  • Annual report for 2019 published
20191 changeaccounts 1
  • Annual report for 2018 published
20102 changesaddress 2
  • Moved to Metalgangen 6C, 2690 Karlslunde
  • Moved to Bøgelunden 10, 2635 Ishøj
20082 changesaddress 2
  • Moved to Køgevej 209, 2635 Ishøj
  • Moved to Bøgelunden 10, 2635 Ishøj
20073 changesownership 1 · founded 1 · management 1
  • MORTEN BERTELSEN HOLDING ApS registered as owner (100%)
  • Registered as MB EL-SERVICE ApS
  • Morten Møller Bertelsen appointed director

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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