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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2018 | 2019 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 2,457 | 2,866 | 5,305 | 10,956 | 12,334 | 7,319 | −40.7% |
| Operating profit (EBIT) | 94 | 45 | 123 | 677 | −1,987 | −10,052 | −406% |
| Profit before tax | 63 | 23 | 110 | 520 | −2,048 | −10,084 | −392.5% |
| Net profit | 45 | 13 | 90 | 392 | −1,610 | −7,875 | −389.1% |
| Total assets | 1,317 | 1,517 | 1,578 | 12,532 | 12,348 | 9,620 | −22.1% |
| Equity | 344 | 357 | 215 | 6,135 | 4,525 | −3,350 | −174% |
| Liabilities | 965 | 1,158 | 1,363 | 6,351 | 7,822 | 12,810 | +63.8% |
| Cash and cash equivalents | 296 | 684 | 59 | 1,888 | 1,174 | 1,600 | +36.3% |
| Average number of employees | 4 | 4 | 9 | 19 | 27 | 27 | 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 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
Signals from the financial statements
calculated from the 2025 figuresNegative 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/05/2024 – 30/04/2025 | 30/10/2025 | The company | PDF not statedXBRL |
| 2024 | 01/05/2023 – 30/04/2024 | 08/10/2024 | The company | PDFXBRL |
| 2023 | 01/05/2022 – 30/04/2023 | 22/09/2023 | The company | PDFXBRL |
| 2022 | 01/01/2021 – 30/04/2022 | 20/06/2022 | The company | PDFXBRL |
| 2019 | 01/01/2019 – 31/12/2019 | 30/03/2020 | The company | PDFXBRL |
| 2018 | 01/01/2018 – 31/12/2018 | 19/06/2019 | 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
1,291 companies in the databaseComparison with the other companies in electrical installation based on the latest financial year.
Industry median: gross profit DKK 3.9m, net profit DKK 321k, equity DKK 1.4m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- Tsg El A/SDKK 7.3m
- Bravida Danmark A/SDKK 2.1bn
- Kemp & Lauritzen A/SDKK 2bn
- Tsg El A/S−DKK 7.9m
- Bravida Danmark A/SDKK 160.3m
- Kemp & Lauritzen A/SDKK 2.6m
- Tsg El A/S−DKK 3.3m
- Bravida Danmark A/SDKK 629m
- Kemp & Lauritzen A/SDKK 588.4m
- Tsg El A/S8
- Bravida Danmark A/S3,163
- 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- TSG Northern Europe Holding B.V.100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Hans Henrik Hermann Rasmussen | Director | 01/09/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Mario Jozef Boere | Chair of the board | 15/07/2022 |
| Long Nguyen | Board member | 15/07/2022 |
| Rudolf Fredericus Brockhus | Board member | 31/08/2026 |
- Auditor
- Crowe Statsautoriseret Revisionsinteressentskab
- Founders
- Morten Møller Bertelsen
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Morten Møller Bertelsen | Director | 27/06/2007 | 03/06/2021 |
| Susanne Svarre | Director | 03/06/2021 | 31/08/2026 |
| Susanne Svarre | Board member | 15/07/2022 | 31/08/2026 |
Signing rule: Selskabet tegnes af én direktør eller af 2 bestyrelsesmedlemmer i forening.
Address and production units
2 active production unitsBirkerød Kongevej 194A
3460 Birkerød
Rudersdal Municipality · Postcode 3460
Other companies at the address (2)
- TSG Nordic A/SWholesale of other machinery and equipment
- TSG Solutions Denmark ApSTechnical testing and inspection
| Production unit | Address | Employees | P number |
|---|---|---|---|
| TSG EL A/S - SYD | Åstvej 10B, 7190 Billund | 7 | 1029144202 |
| TSG EL A/S | Birkerød Kongevej 194A, 3460 Birkerød | 1 | 1013399383 |
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 events20264 changesmanagement 4
- ManagementHans Henrik Hermann Rasmussen appointed director
- ManagementRudolf Fredericus Brockhus appointed board member
- ManagementSusanne Svarre stepped down as board member
- ManagementSusanne Svarre stepped down as director
20251 changeaccounts 1
- AccountsAnnual report for 2025 published
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20233 changesaccounts 1 · capital 1 · merger 1
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 500,000 DKK to 600,000 DKK
- MergerMerger registered in CVR
20228 changesaddress 1 · name 1 · capital 1 · management 3 · merger 1 · accounts 1
- AddressMoved to Birkerød Kongevej 194A, 3460 Birkerød
- NameName changed from MB EL-SERVICE ApS to TSG EL A/S
- CapitalShare capital changed from 125,000 DKK to 500,000 DKK
- ManagementLong Nguyen appointed board member
- ManagementMario Jozef Boere appointed chair of the board
- ManagementSusanne Svarre appointed board member
- MergerMerger registered in CVR
- AccountsAnnual report for 2022 published
20214 changesmanagement 2 · ownership 2
- ManagementSusanne Svarre appointed director
- ManagementMorten Møller Bertelsen stepped down as director
- OwnershipTSG Northern Europe Holding B.V. registered as owner (100%)
- OwnershipMORTEN BERTELSEN HOLDING ApS is no longer registered as owner
20201 changeaccounts 1
- AccountsAnnual report for 2019 published
20191 changeaccounts 1
- AccountsAnnual report for 2018 published
20102 changesaddress 2
- AddressMoved to Metalgangen 6C, 2690 Karlslunde
- AddressMoved to Bøgelunden 10, 2635 Ishøj
20082 changesaddress 2
- AddressMoved to Køgevej 209, 2635 Ishøj
- AddressMoved to Bøgelunden 10, 2635 Ishøj
20073 changesownership 1 · founded 1 · management 1
- OwnershipMORTEN BERTELSEN HOLDING ApS registered as owner (100%)
- FoundedRegistered as MB EL-SERVICE ApS
- ManagementMorten Møller Bertelsen appointed director
Related companies
Same industry in Rudersdal
- Poul Sejr Nielsen El A/S80 employees
- L-tech ApS25 employees
- Virum Installation ApS17 employees
- Solar Polaris A/S15 employees
- D2el ApS11 employees
- HJ. Jørgensen & Søn Aps10 employees
Same people in management
- Story House Egmont A/Svia Hans Henrik Hermann Rasmussen
- TSG Nordic A/Svia Hans Henrik Hermann Rasmussen
- TSG Solutions Denmark ApSvia Hans Henrik Hermann Rasmussen
- NRGreen ApSvia Hans Henrik Hermann Rasmussen
- Svaneklinik ApSvia Hans Henrik Hermann Rasmussen
Largest in the industry
- Bravida Danmark A/SDKK 2.1bn
- Kemp & Lauritzen A/SDKK 2bn
- Elcon A/SDKK 596.5m
- Caverion Danmark A/SDKK 380.8m
- Eltel Networks A/SDKK 325.1m
- Uggerly Installation A/SDKK 305m
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.