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Tunstall A/S

Public limited companyCVR 12852681SkanderborgActive

Tunstall A/S is a public limited company, based in Skanderborg, active in manufacture of other electrical equipment, founded in 1989. Net profit fell 23% from 2024 to 2025, ending at DKK 18.3m. Measured by gross profit, it ranks no. 6 of 86 companies in the industry in the database. With 78 employees, the company is about 14 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 76.1m−14.5% vs. 2024
Net profitDKK 18.3m−22.6% vs. 2024
EquityDKK 44.7m−19.3% vs. 2024
Employees78latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 15% (2024 → 2025), to DKK 76.1m.
  • Net profit fell 23% (2024 → 2025), to DKK 18.3m.
  • Equity fell 19% (2024 → 2025), to DKK 44.7m.

Employees

  • 5 fewer employees than a year earlier: 78 (08/2026) against 83 (08/2025).

Management and owners, last 24 months

  • New in management: Lars Johan Alexander Lenander (chair of the board, 17/09/2025), Per Martin Abrahamsson (board member, 17/09/2025) and Lars Johan Alexander Lenander (board member, 30/01/2025).
  • Stepped down: Emil Edward Peters (chair of the board, 17/09/2025), Jarl Sverre Hartvig (board member, 30/01/2025) and Lars Johan Alexander Lenander (board member, 16/09/2025).

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 Tunstall A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit71,23788,99390,38695,16889,04976,132−14.5%
Operating profit (EBIT)23,18533,60630,90331,36329,78621,980−26.2%
Profit before tax25,56636,08533,19731,72530,32323,465−22.6%
Net profit19,84128,19725,93924,74523,66918,317−22.6%
Total assets108,36890,80389,55668,39080,12169,661−13.1%
Equity67,81050,00752,94547,69055,35944,676−19.3%
Liabilities38,31139,02434,40718,60823,64324,126+2%
Cash and cash equivalents5,3504,5897,4089,17812,3606,998−43.4%
Average number of employees698188908274−9.8%

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 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (86 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 Tunstall A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202503/12/2025The companyPDF not statedXBRL
202401/10/2023 – 30/09/202407/02/2025The companyPDFXBRL
202301/10/2022 – 30/09/202314/02/2024The companyPDFXBRL
202201/10/2021 – 30/09/202220/12/2022The companyPDFXBRL
202101/10/2020 – 30/09/202107/03/2022The companyPDFXBRL
202001/10/2019 – 30/09/202016/02/2021The 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

86 companies in the database

Comparison with the other companies in manufacture of other electrical equipment based on the latest financial year.

Gross profitDKK 76.1mNo. 6 of 86
Better than 94% of the companies in the industry
EquityDKK 44.7mNo. 12 of 86
Better than 87% of the companies in the industry
Number of employees78No. 8 of 86
Better than 92% of the companies in the industry

Industry median: gross profit DKK 5.3m, net profit DKK 697k, equity DKK 4.1m, 6 employees.

DKK 116kDKK 964kDKK 8mDKK 66.6mDKK 273.5mHere
Distribution of gross profit for 74 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. 1,022of 4,412
Better than 77%
No. 1,333of 4,466
Better than 70%
Same industry and 50–199 employees14 companies in the comparison
No. 5of 14
Better than 69%
No. 8of 14
Better than 46%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,056of 10,152
Better than 90%
No. 2,166of 10,275
Better than 79%
All companies of type A/S18,025 companies in the comparison
No. 1,994of 17,786
Better than 89%
No. 3,846of 18,024
Better than 79%

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 other electrical equipment
Gross profit
  1. Tunstall A/SDKK 76.1m
  2. Danfoss Power Electronics A/SDKK 554m
  3. Migatronic A/SDKK 312.9m
Net profit
  1. Tunstall A/SDKK 18.3m
  2. Danfoss Power Electronics A/SDKK 179.2m
  3. Migatronic A/S−DKK 26.5m
Equity
  1. Tunstall A/SDKK 44.7m
  2. Danfoss Power Electronics A/SDKK 607.4m
  3. Migatronic A/SDKK 69.9m
Employees
  1. Tunstall A/S78
  2. Danfoss Power Electronics A/S987
  3. Migatronic A/S165

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
  • Tunstall Nordic AB100%
Tunstall A/S

Management

4 active registrations

Executive management

Executive management at Tunstall A/S
NameRoleAppointed
Jesper Bjerregaard ChristensenDirector30/11/2022

Board of directors

Board of directors at Tunstall A/S
NameRoleAppointed
Jesper Bjerregaard ChristensenBoard member02/09/2022
Lars Johan Alexander LenanderChair of the board17/09/2025
Per Martin AbrahamssonBoard member17/09/2025
Auditor
KPMG P/S
Founders
A/S Pse Nr. 1444
Former management (66)
Former management at Tunstall A/S
NameRoleAppointedResigned
Søren AlrøeBoard member01/02/198931/10/1991
Søren AlrøeCEO01/02/198928/11/1991
Henry JensenBoard member01/02/198907/06/1996
Henry JensenDirector01/02/198907/06/1996
Susanne Saul StakemannDirector01/02/198926/06/1989
Flemming Fredborg NielsenChair of the board01/02/198909/12/1997
Bent JensenChief financial officer01/02/198916/09/1992
Freddy Find AndersenChair of the board01/02/198931/10/1991
Kaj Christian Holm NielsenBoard member01/02/198924/11/1989
Kaj Christian Holm NielsenCEO01/02/198924/11/1989
Kurt SartoriChair of the board01/02/198929/11/1996
Kurt SartoriDirector01/02/198916/09/1992
Helge Kjeld KristensenBoard member01/02/198916/07/1993
Per Emil Hasselbalch StakemannBoard member01/02/198926/06/1989
Finn Harly NielsenDeputy board member01/02/198929/04/1996
Jørn Erik MøllerBoard member01/02/198922/08/1994
Jørgen Thejlman ChristiansenBoard member01/02/198923/06/1994
Jørgen Thejlman ChristiansenDirector01/02/198916/09/1992
Knud Erik MikkelsenChair of the board01/02/198931/01/1997
Reidar KlevenBoard member01/02/198909/12/1997
Jens Erik Kofod AnderssonDeputy chair29/04/199631/01/1997
Thorkild JacobsenBoard member07/06/199631/01/1997
Flemming Fredborg NielsenCEO07/06/199631/01/1997
Preben Møller WhittBoard member07/06/199624/09/1997
Søren Viggo SchönbeckBoard member07/06/199601/06/1997
Reidar KlevenDirector07/06/199609/12/1997
Lars Melchior Lundberg HansenBoard member01/06/199709/12/1997
Flemming Juul RasmussenDirector09/12/199703/04/2009
Irma RasmussenDeputy board member09/12/199702/11/2004
Curt Allan Bo Östen WidéenChair of the board09/12/199728/04/2000
Sten Inge A HolckBoard member09/12/199702/11/2004
Bo Ivar AnderssonDeputy board member09/12/199702/11/2004
Börje LarssonBoard member09/04/199908/03/2004
Per-Olof ElleniusDeputy board member09/04/199927/04/2001
Karl-Erik AhlborgDeputy board member27/04/200108/03/2004
Njaal BaardsonBoard member08/03/200429/02/2012
Michael Holdgaard JensenBoard member02/11/200429/03/2006
Carsten Birk NielsenBoard member02/11/200429/03/2006
Atle SchjøttBoard member02/11/200429/03/2006
Winnie RodamBoard member29/03/200604/03/2008
Flemming Juul RasmussenBoard member25/04/200811/07/2008
Mats Ivan Andre LindbergChair of the board11/07/200831/05/2010
Flemming Juul JensenBoard member31/05/201029/02/2012
Bent Schmidt ChristensenDirector31/05/201021/12/2011
Kurt Holdgaard JensenBoard member31/05/201029/02/2012
Jan LochmannDirector31/05/201030/11/2022
Stefan Rune HolmgrenBoard member31/05/201029/02/2012
Mats Urban Wannehag LindahlBoard member31/05/201029/02/2012
Ernst Christer GamradtBoard member31/05/201029/02/2012
Torbjörn Olov OlssonBoard member31/05/201029/02/2012
Jan LochmannBoard member29/02/201231/12/2022
Kevin Frederick DysonBoard member29/02/201209/04/2013
Kristoffer Birger Viktor AxelssonBoard member29/02/201220/10/2016
Gil Talbot BaldwinChair of the board29/02/201219/11/2013
Johan Anders HanssonBoard member29/02/201228/09/2012
Kristoffer Birger Viktor AxelssonDeputy board member28/09/201221/10/2016
Lars Håkan JohanssonBoard member19/12/201218/01/2019
Richard Phillip James WebsterBoard member09/04/201328/02/2014
Paul Lancelot StobartChair of the board19/11/201321/10/2016
Shaun ParkerBoard member28/02/201421/10/2016
Kristoffer Birger Viktor AxelssonChair of the board21/10/201602/09/2022
Lars Alf Thomas PehrssonBoard member18/01/201928/02/2022
Henrik Beijer-OlsenBoard member01/03/202201/01/2023
Emil Edward PetersChair of the board02/09/202217/09/2025
Jarl Sverre HartvigBoard member01/01/202330/01/2025
Lars Johan Alexander LenanderBoard member30/01/202516/09/2025

Signing rule: Selskabet tegnes af 1 direktører i forening med 1 bestyrelsesmedlem, 2 bestyrelsesmedlemmer, eller af den samlede bestyrelse i forening.

Address and production units

1 active production units

Niels Bohrs Vej 42
8660 Skanderborg

Skanderborg Municipality · Postcode 8660

Production units
Production unitAddressEmployeesP number
TUNSTALL A/SNiels Bohrs Vej 42, Stilling, 8660 Skanderborg781000456679

Purpose

Virksomhedens formål er at drive virksomhed ved udvikling, markedsføring, salg, service og installation af tryghedsprodukter og dermed forbundne tjenesteydelser, samt at besidde aktier i helt eller delvist ejede datterselskaber.

The purpose is quoted from the register in Danish.

Changes year by year

145 registered events
20258 changesaccounts 2 · management 6
  • Annual report for 2025 published
  • Per Martin Abrahamsson appointed board member
  • Lars Johan Alexander Lenander appointed chair of the board
  • Emil Edward Peters stepped down as chair of the board
  • Lars Johan Alexander Lenander stepped down as board member
  • Annual report for 2024 published
  • Lars Johan Alexander Lenander appointed board member
  • Jarl Sverre Hartvig stepped down as board member
20242 changesaddress 1 · accounts 1
  • Moved to Niels Bohrs Vej 42, Stilling, 8660 Skanderborg
  • Annual report for 2023 published
20233 changesaddress 1 · management 2
  • Moved to Niels Bohrs Vej 42, Stilling, 8660 Skanderborg
  • Jarl Sverre Hartvig appointed board member
  • Henrik Beijer-Olsen stepped down as board member
202213 changesmanagement 8 · accounts 2 · address 2 · industry 1
  • Jan Lochmann stepped down as board member
  • Annual report for 2022 published
  • Jesper Bjerregaard Christensen appointed director
  • Jan Lochmann stepped down as director
  • Jesper Bjerregaard Christensen appointed board member
  • Emil Edward Peters appointed chair of the board
  • Kristoffer Birger Viktor Axelsson stepped down as chair of the board
  • Moved to Niels Bohrs Vej 42, Stilling, 8660 Skanderborg
  • Annual report for 2021 published
  • Henrik Beijer-Olsen appointed board member
  • Lars Alf Thomas Pehrsson stepped down as board member
  • Moved to Niels Bohrs Vej 42, Stilling, 8660 Skanderborg
  • Industry changed to Manufacture of other electrical equipment (279000)
20211 changeaccounts 1
  • Annual report for 2020 published
20192 changesmanagement 2
  • Lars Alf Thomas Pehrsson appointed board member
  • Lars Håkan Johansson stepped down as board member
20165 changesmanagement 5
  • Kristoffer Birger Viktor Axelsson appointed chair of the board
  • Shaun Parker stepped down as board member
  • Paul Lancelot Stobart stepped down as chair of the board
  • Kristoffer Birger Viktor Axelsson stepped down as deputy board member
  • Kristoffer Birger Viktor Axelsson stepped down as board member
20143 changesmerger 1 · management 2
  • Merger registered in CVR
  • Shaun Parker appointed board member
  • Richard Phillip James Webster stepped down as board member
20134 changesmanagement 4
  • Paul Lancelot Stobart appointed chair of the board
  • Gil Talbot Baldwin stepped down as chair of the board
  • Richard Phillip James Webster appointed board member
  • Kevin Frederick Dyson stepped down as board member
201217 changesmanagement 15 · name 1 · ownership 1
  • Lars Håkan Johansson appointed board member
  • Name changed from STT CONDIGI A/S to TUNSTALL A/S
  • Kristoffer Birger Viktor Axelsson appointed deputy board member
  • Johan Anders Hansson stepped down as board member
  • Tunstall Nordic AB registered as owner (100%)
  • Kevin Frederick Dyson appointed board member
  • Johan Anders Hansson appointed board member
  • Gil Talbot Baldwin appointed chair of the board
  • Kristoffer Birger Viktor Axelsson appointed board member
  • Jan Lochmann appointed board member
  • Flemming Juul Jensen stepped down as board member
  • Torbjörn Olov Olsson stepped down as board member
  • Ernst Christer Gamradt stepped down as board member
  • Mats Urban Wannehag Lindahl stepped down as board member
  • Stefan Rune Holmgren stepped down as board member
  • Kurt Holdgaard Jensen stepped down as board member
  • Njaal Baardson stepped down as board member
20111 changemanagement 1
  • Bent Schmidt Christensen stepped down as director
20109 changesmanagement 9
  • Flemming Juul Jensen appointed board member
  • Torbjörn Olov Olsson appointed board member
  • Ernst Christer Gamradt appointed board member
  • Mats Urban Wannehag Lindahl appointed board member
  • Stefan Rune Holmgren appointed board member
  • Jan Lochmann appointed director
  • Kurt Holdgaard Jensen appointed board member
  • Bent Schmidt Christensen appointed director
  • Mats Ivan Andre Lindberg stepped down as chair of the board
20091 changemanagement 1
  • Flemming Juul Rasmussen stepped down as director
20086 changesmanagement 4 · name 1 · industry 1
  • Mats Ivan Andre Lindberg appointed chair of the board
  • Flemming Juul Rasmussen stepped down as board member
  • Name changed from CONDIGI TELEVAGT A/S to STT CONDIGI A/S
  • Flemming Juul Rasmussen appointed board member
  • Winnie Rodam stepped down as board member
  • Industry changed to Manufacture of communication equipment (263000)
20073 changesaddress 3
  • Moved to Niels Bohrs Vej 42, Stilling, 8660 Skanderborg
  • Moved to Niels Bohrs Vej 42, 8670 Låsby
  • Moved to Industrivej 1, Stilling, 8660 Skanderborg
20066 changesname 1 · capital 1 · management 4
  • Name changed from CONDIGI TELECOMMUNICATION A/S to CONDIGI TELEVAGT A/S
  • Share capital changed from 1,200,000 DKK to 2,200,000 DKK
  • Winnie Rodam appointed board member
  • Carsten Birk Nielsen stepped down as board member
  • Atle Schjøtt stepped down as board member
  • Michael Holdgaard Jensen stepped down as board member
20049 changesmanagement 9
  • Carsten Birk Nielsen appointed board member
  • Atle Schjøtt appointed board member
  • Michael Holdgaard Jensen appointed board member
  • Sten Inge A Holck stepped down as board member
  • Irma Rasmussen stepped down as deputy board member
  • Bo Ivar Andersson stepped down as deputy board member
  • Njaal Baardson appointed board member
  • Karl-Erik Ahlborg stepped down as deputy board member
  • Börje Larsson stepped down as board member
20013 changesmanagement 2 · address 1
  • Karl-Erik Ahlborg appointed deputy board member
  • Per-Olof Ellenius stepped down as deputy board member
  • Moved to Industrivej 1, Stilling, 8660 Skanderborg
20001 changemanagement 1
  • Curt Allan Bo Östen Widéen stepped down as chair of the board
19992 changesmanagement 2
  • Börje Larsson appointed board member
  • Per-Olof Ellenius appointed deputy board member
19981 changename 1
  • Name changed from A/S EIFA ELECTRONIC to CONDIGI TELECOMMUNICATION A/S
199716 changesmanagement 16
  • Flemming Juul Rasmussen appointed director
  • Sten Inge A Holck appointed board member
  • Curt Allan Bo Östen Widéen appointed chair of the board
  • Irma Rasmussen appointed deputy board member
  • Bo Ivar Andersson appointed deputy board member
  • Lars Melchior Lundberg Hansen stepped down as board member
  • Reidar Kleven stepped down as director
  • Flemming Fredborg Nielsen stepped down as chair of the board
  • Reidar Kleven stepped down as board member
  • Preben Møller Whitt stepped down as board member
  • Lars Melchior Lundberg Hansen appointed board member
  • Søren Viggo Schönbeck stepped down as board member
  • Thorkild Jacobsen stepped down as board member
  • Flemming Fredborg Nielsen stepped down as ceo
  • Jens Erik Kofod Andersson stepped down as deputy chair
  • Knud Erik Mikkelsen stepped down as chair of the board
19968 changesmanagement 8
  • Thorkild Jacobsen appointed board member
  • Flemming Fredborg Nielsen appointed ceo
  • Reidar Kleven appointed director
  • Søren Viggo Schönbeck appointed board member
  • Preben Møller Whitt appointed board member
  • Henry Jensen stepped down as director
  • Henry Jensen stepped down as board member
  • Jens Erik Kofod Andersson appointed deputy chair
19941 changemanagement 1
  • Jørgen Thejlman Christiansen stepped down as board member
19931 changecapital 1
  • Share capital changed from 2,200,000 DKK to 1,200,000 DKK
19921 changemanagement 1
  • Jørgen Thejlman Christiansen stepped down as director
19914 changesmanagement 2 · name 1 · capital 1
  • Søren Alrøe stepped down as ceo
  • Name changed from EIFA ELECTRONIC A/S to A/S EIFA ELECTRONIC
  • Share capital changed from 300,000 DKK to 2,200,000 DKK
  • Søren Alrøe stepped down as board member
198914 changesname 1 · capital 1 · management 11 · founded 1
  • Name changed from ApS SMBK NR. 1703 to EIFA ELECTRONIC A/S
  • Share capital changed from 80,000 DKK to 300,000 DKK
  • Susanne Saul Stakemann stepped down as director
  • Registered as ApS SMBK NR. 1703
  • Flemming Fredborg Nielsen appointed chair of the board
  • Susanne Saul Stakemann appointed director
  • Henry Jensen appointed director
  • Henry Jensen appointed board member
  • Søren Alrøe appointed board member
  • Søren Alrøe appointed ceo
  • Reidar Kleven appointed board member
  • Knud Erik Mikkelsen appointed chair of the board
  • Jørgen Thejlman Christiansen appointed director
  • Jørgen Thejlman Christiansen appointed board member

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction