Owners, management and financials
CVR: 12191219
Previous names: GRAM EL-MONTAGE ApS, POLAR EL ApS
DKK 27,335,884
Gross profit
Net result: DKK 3,974,336
Jens Christian Kragh Larsen (20-24,99%), Jacob Heidenheim Baadstorp (20-24,99%)
1 more
CVR · view owners
Jacob Heidenheim Baadstorp, Jens Christian Kragh Larsen
Board: Olav Haug Vikebakk (chair) and 4 members
CVR · view management
Active
Founded 29 September 2004
CVR · view overview
28 employees
Annual report 2025 · average
Owner registered: Hareid Elektriske AS
CVR · 30/09/2016
View the full event history
POLAR EL A/S is a Danish company of the type Aktieselskab based in Nuussuaq, founded in 2004. The company is registered under the industry El-installation. The company was previously named POLAR EL ApS and GRAM EL-MONTAGE ApS. The management consists of Jacob Heidenheim Baadstorp and Jens Christian Kragh Larsen. The board consists of Olav Haug Vikebakk (chair), Ann Magritt Bjåstad Vikebakk, Jacob Heidenheim Baadstorp and Jens Christian Kragh Larsen. The company is owned by Jens Christian Kragh Larsen, Jacob Heidenheim Baadstorp and Hareid Elektriske AS. According to the 2025 annual report, the company had an average of 28 employees. In 2025, the company reported a gross profit of DKK 27,335,884 and a net result of DKK 3,974,336 compared with DKK 5,849,193 the year before. Equity in the 2025 report amounted to DKK 24,081,335.
Source: annual report 2025, Danish Business Authority
The financial health of POLAR EL A/S appears stable, characterized by consistent gross profits and profits over the past five years. Gross profit has shown a slight upward trend, increasing from 23.1 million DKK in 2022 to 27.3 million DKK in 2025, while profits have fluctuated, peaking at 9.6 million DKK in 2021 before declining to 3.97 million DKK in 2025. The company's equity remains robust, hovering around 24 million DKK, indicating a solid capital position. However, the absence of revenue figures raises concerns about transparency and overall market performance, which could impact its competitive standing in the electrical installation industry.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at udføre elmontage samt anden hermed forbunden virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 27.3 mio. | 4 mio. | 34.5 mio. | 24.1 mio. | 28 | |
| 202401/01/2024 – 31/12/2024 | 28.8 mio. | 5.8 mio. | 35.8 mio. | 24.2 mio. | 24 | |
| 202301/01/2023 – 31/12/2023 | 24.7 mio. | 7.3 mio. | 34.2 mio. | 25.5 mio. | 22 | |
| 202201/01/2022 – 31/12/2022 | 23.1 mio. | 6.9 mio. | 32.4 mio. | 24.2 mio. | 22 | |
| 202101/01/2021 – 31/12/2021 | 25.2 mio. | 9.6 mio. | 32.7 mio. | 24.3 mio. | 22 | |
| 202001/01/2020 – 31/12/2020 | 23.5 mio. | 6.3 mio. | 26.7 mio. | 18.7 mio. | 25 | |
| 201901/01/2019 – 31/12/2019 | 22.9 mio. | 6.6 mio. | 27.1 mio. | 17.4 mio. | 21 |
Compared to 2.009 companies in El-installation
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Try company screeningThe CVR number of POLAR EL A/S is 12191219.
POLAR EL A/S is owned by Jens Christian Kragh Larsen, Jacob Heidenheim Baadstorp and Hareid Elektriske AS.
The management of POLAR EL A/S consists of Jacob Heidenheim Baadstorp and Jens Christian Kragh Larsen.
The board of POLAR EL A/S consists of Olav Haug Vikebakk, Ann Magritt Bjåstad Vikebakk and Jacob Heidenheim Baadstorp, with Olav Haug Vikebakk as chair.
In 2025, POLAR EL A/S reported a gross profit of DKK 27,335,884.
POLAR EL A/S had an average of 28 employees in the 2025 financial year according to the annual report.
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POLAR EL A/S has published its annual report for 2025. Gross profit came to DKK 27,335,884, and the net result was DKK 3,974,336.
As of August 19, 2025, BDO Statsautoriseret Revisionspartnerselskab has been appointed auditor of POLAR EL A/S.
As of August 19, 2025, A/S PSE 17 NR. 1056 has stepped down as auditor of POLAR EL A/S.
POLAR EL A/S has published its annual report for 2024. Gross profit came to DKK 28,820,647, and the net result was DKK 5,849,193.
POLAR EL A/S has published its annual report for 2023. Gross profit came to DKK 24,701,857, and the net result was DKK 7,318,881.
POLAR EL A/S has published its annual report for 2022. Gross profit came to DKK 23,109,090, and the net result was DKK 6,907,476.
As of January 2, 2023, A/S PSE 17 NR. 1056 has been appointed auditor of POLAR EL A/S.
As of January 2, 2023, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of POLAR EL A/S.
POLAR EL A/S has published its annual report for 2021. Gross profit came to DKK 25,237,265, and the net result was DKK 9,614,897.
As of April 26, 2022, Olav Haug Vikebakk has joined the board of directors of POLAR EL A/S.
As of April 26, 2022, Ann Magritt Bjåstad Vikebakk has joined the board of directors of POLAR EL A/S.
As of April 26, 2022, Torgeir Vattøy has left the board of directors of POLAR EL A/S.
As of April 25, 2022, Olav Haug Vikebakk has left the board of directors of POLAR EL A/S.
POLAR EL A/S has published its annual report for 2020. Gross profit came to DKK 23,518,557, and the net result was DKK 6,293,595.
As of March 17, 2021, Olav Haug Vikebakk has joined the board of directors of POLAR EL A/S.
As of March 17, 2021, Bjørn Bjåstad has left the board of directors of POLAR EL A/S.
POLAR EL A/S has published its annual report for 2019. Gross profit came to DKK 22,886,854, and the net result was DKK 6,608,654.
POLAR EL A/S has published its annual report for 2018.
As of January 14, 2019, Ronald Johan Dyrhol has joined the board of directors of POLAR EL A/S.
As of January 14, 2019, Torgeir Vattøy has joined the board of directors of POLAR EL A/S.
As of January 14, 2019, Søren Linde Keller has left the board of directors of POLAR EL A/S.
As of January 13, 2019, Ronald Johan Dyrhol has left the board of directors of POLAR EL A/S.
POLAR EL A/S has published its annual report for 2017.
As of February 21, 2018, Søren Linde Keller has joined the board of directors of POLAR EL A/S.
As of February 21, 2018, Bjørn Bjåstad has joined the board of directors of POLAR EL A/S.
As of February 21, 2018, Henning Moltubakk has left the board of directors of POLAR EL A/S.
As of February 21, 2018, Stian Erik Bjåstad has left the board of directors of POLAR EL A/S.
As of September 30, 2016, is registered as an owner of POLAR EL A/S with an ownership share of 50%.
As of September 25, 2015, Ronald Johan Dyrhol has joined the board of directors of POLAR EL A/S.
As of September 25, 2015, Stian Erik Bjåstad has joined the board of directors of POLAR EL A/S.
As of September 25, 2015, Brian Per Mosegaard Enevoldsen has left the board of directors of POLAR EL A/S.
As of September 24, 2015, Ronald Johan Dyrhol has left the board of directors of POLAR EL A/S.
As of December 17, 2014, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of POLAR EL A/S.
As of December 17, 2014, EY Denmark ApS has stepped down as auditor of POLAR EL A/S.
On September 11, 2012, the company changed its name from POLAR EL ApS to POLAR EL A/S.
As of September 10, 2012, EY Denmark ApS has been appointed auditor of POLAR EL A/S.
As of September 10, 2012, ApS KBURS 17 NR. 6678 has stepped down as auditor of POLAR EL A/S.
As of September 10, 2012, Jens Christian Kragh Larsen has joined the board of directors of POLAR EL A/S.
As of September 10, 2012, Jacob Heidenheim Baadstorp has joined the board of directors of POLAR EL A/S.
As of September 10, 2012, Brian Per Mosegaard Enevoldsen has joined the board of directors of POLAR EL A/S.
As of September 10, 2012, Ronald Johan Dyrhol has joined the board of directors of POLAR EL A/S.
As of September 10, 2012, Henning Moltubakk has joined the board of directors of POLAR EL A/S.
As of September 10, 2012, Jens Christian Kragh Larsen is registered as an owner of POLAR EL A/S with an ownership share of 20%.
As of September 10, 2012, Jacob Heidenheim Baadstorp is registered as an owner of POLAR EL A/S with an ownership share of 20%.
As of March 1, 2011, Jørgen Gram has stepped down as director of POLAR EL A/S.
As of February 3, 2009, ApS KBURS 17 NR. 6678 has been appointed auditor of POLAR EL A/S.
As of February 3, 2009, REVISOREN I MANIITSOQ, REGISTRERET REVISIONSANPARTSSELSKAB has stepped down as auditor of POLAR EL A/S.
On November 5, 2008, the company changed its name from GRAM EL-MONTAGE ApS to POLAR EL ApS.
As of August 22, 2008, Kim Allan Lundstrøm has left the board of directors of POLAR EL A/S.
As of August 22, 2008, Peter Højbjerg Kristensen has left the board of directors of POLAR EL A/S.
As of August 22, 2008, Jørgen Gram has left the board of directors of POLAR EL A/S.
As of August 22, 2008, Peter Gram Pedersen has left the board of directors of POLAR EL A/S.
As of August 22, 2008, Jens Christian Kragh Larsen is registered as director of POLAR EL A/S.
As of August 22, 2008, Jacob Heidenheim Baadstorp is registered as director of POLAR EL A/S.
As of May 20, 2008, Peter Gram Pedersen has joined the board of directors of POLAR EL A/S.
As of May 20, 2008, Sutthisa Chitsomchip has left the board of directors of POLAR EL A/S.
As of August 31, 2006, Kim Allan Lundstrøm has joined the board of directors of POLAR EL A/S.
As of August 31, 2006, Sutthisa Chitsomchip has joined the board of directors of POLAR EL A/S.
As of August 31, 2006, Peter Højbjerg Kristensen has joined the board of directors of POLAR EL A/S.
As of August 31, 2006, Tage Gram has left the board of directors of POLAR EL A/S.
As of August 31, 2006, Lars Gram Pedersen has left the board of directors of POLAR EL A/S.
As of August 31, 2006, Anna Jensine Hansen Pedersen has left the board of directors of POLAR EL A/S.
As of August 31, 2006, Peter Gram Pedersen has left the board of directors of POLAR EL A/S.
As of September 29, 2004, REVISOREN I MANIITSOQ, REGISTRERET REVISIONSANPARTSSELSKAB has been appointed auditor of POLAR EL A/S.
As of September 29, 2004, Tage Gram has joined the board of directors of POLAR EL A/S.
As of September 29, 2004, Lars Gram Pedersen has joined the board of directors of POLAR EL A/S.
As of September 29, 2004, Jørgen Gram has joined the board of directors of POLAR EL A/S.
As of September 29, 2004, Anna Jensine Hansen Pedersen has joined the board of directors of POLAR EL A/S.
As of September 29, 2004, Peter Gram Pedersen has joined the board of directors of POLAR EL A/S.
As of September 29, 2004, Jørgen Gram is registered as director of POLAR EL A/S.
POLAR EL A/S was founded on September 29, 2004.
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