Owners, management and financials
CVR: 14805605
Previous names: VALUTA INVEST 5 AF 25.10.1990 ApS, PURHØJ HORSENS ApS
DKK 14,714,429
Gross profit
Net result: DKK 3,992,508
FLEMMING LUND, HORSENS, HOLDING ApS (25-33,32%), HINDSKOV HOLDING ApS (25-33,32%)
1 more
CVR · view owners
Torben Guldahl Lund
Board: Flemming Krojgård Lund (chair) and 2 members
CVR · view management
Active
Founded 25 October 1990
CVR · view overview
17 employees
CVR · 2026
Owner registered: FLEMMING LUND, HORSENS, HOLDING ApS
CVR · 01/05/2023
View the full event history
PAGAARD ELEKTRO A/S is a Danish company of the type Aktieselskab based in Give, founded in 1990. The company is registered under the industry El-installation. The company was previously named PURHØJ HORSENS ApS and VALUTA INVEST 5 AF 25.10.1990 ApS. The management consists of Torben Guldahl Lund. The board consists of Flemming Krojgård Lund (chair), Lars Meyer Hansen and Torben Guldahl Lund. The company is owned by FLEMMING LUND, HORSENS, HOLDING ApS, HINDSKOV HOLDING ApS and ROSENLUND HOLDING THYREGODLUND ApS. The company has 17 employees (2026). In 2026, the company reported a gross profit of DKK 14,714,429 and a net result of DKK 3,992,508 compared with DKK 7,741,665 the year before. Equity in the 2026 report amounted to DKK 11,073,112.
Source: annual report 2026, Danish Business Authority
PAGAARD ELEKTRO A/S demonstrates a stable financial health with a consistent gross profit and profit growth over the past five years. Gross profit increased from 14.43 million DKK in 2022 to 14.71 million DKK in 2026, while net profit rose from 3.37 million DKK to nearly 4 million DKK in the same period, indicating a positive trajectory. The company's equity has also grown from 8.75 million DKK in 2022 to 11.07 million DKK in 2026, reflecting a solid capital position. However, the lack of disclosed revenue figures raises concerns about transparency and overall market position within the electrical installation industry.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive elinstallationsvirksomhed, salg af hårde hvidevarer, belysninger og anden i forbindelse hermed stående handelsvirksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202601/05/2025 – 30/04/2026 | 14.7 mio. | 4 mio. | 16 mio. | 11.1 mio. | 20 | |
| 202501/05/2024 – 30/04/2025 | 21.4 mio. | 7.7 mio. | 25.8 mio. | 14.9 mio. | 21 | |
| 202401/05/2023 – 30/04/2024 | 19.6 mio. | 5.3 mio. | 28.8 mio. | 11.6 mio. | 22 | |
| 202301/05/2022 – 30/04/2023 | 15.8 mio. | 4 mio. | 21.6 mio. | 9.8 mio. | 19 | |
| 202201/05/2021 – 30/04/2022 | 14.4 mio. | 3.4 mio. | 18.9 mio. | 8.7 mio. | 20 | |
| 202101/05/2020 – 30/04/2021 | 13.9 mio. | 3.3 mio. | 18.1 mio. | 8.4 mio. | 21 | |
| 202001/05/2019 – 30/04/2020 | 12.7 mio. | 2.9 mio. | 12.8 mio. | 7.7 mio. | 21 | |
| 201901/05/2018 – 30/04/2019 | 12.4 mio. | 2.3 mio. | 11.5 mio. | 6.9 mio. | 21 | |
| 201801/05/2017 – 30/04/2018 | 9.7 mio. | 2.2 mio. | 9.1 mio. | 5.8 mio. | 19 | |
| 201701/05/2016 – 30/04/2017 | 9.9 mio. | 2.2 mio. | 10 mio. | 5.9 mio. | 18 | |
| 201601/05/2015 – 30/04/2016 | - | 2 mio. | 9.1 mio. | 5.6 mio. | - | |
| 201501/05/2014 – 30/04/2015 | 8.1 mio. | 1.7 mio. | 8.4 mio. | 5.3 mio. | - | |
| 201401/05/2013 – 30/04/2014 | 7.3 mio. | 1.6 mio. | 7.4 mio. | 5.2 mio. | - | |
| 201301/05/2012 – 30/04/2013 | 7.1 mio. | 1.5 mio. | 7.7 mio. | 5.1 mio. | - |
Compared to 2.009 companies in El-installation
Comparison is based on industry median values
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Try the lead list generatorThe CVR number of PAGAARD ELEKTRO A/S is 14805605.
PAGAARD ELEKTRO A/S is owned by FLEMMING LUND, HORSENS, HOLDING ApS, HINDSKOV HOLDING ApS and ROSENLUND HOLDING THYREGODLUND ApS.
The management of PAGAARD ELEKTRO A/S consists of Torben Guldahl Lund.
The board of PAGAARD ELEKTRO A/S consists of Flemming Krojgård Lund, Lars Meyer Hansen and Torben Guldahl Lund, with Flemming Krojgård Lund as chair.
In 2026, PAGAARD ELEKTRO A/S reported a gross profit of DKK 14,714,429.
PAGAARD ELEKTRO A/S had 17 employees in 2026 according to the Danish CVR register.
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PAGAARD ELEKTRO A/S has published its annual report for 2026. Gross profit came to DKK 14,714,429, and the net result was DKK 3,992,508.
PAGAARD ELEKTRO A/S has published its annual report for 2025. Gross profit came to DKK 21,438,518, and the net result was DKK 7,741,665.
PAGAARD ELEKTRO A/S has published its annual report for 2024. Gross profit came to DKK 19,647,696, and the net result was DKK 5,345,501.
As of July 1, 2023, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of PAGAARD ELEKTRO A/S.
As of June 30, 2023, EY Godkendt Revisionspartnerselskab has stepped down as auditor of PAGAARD ELEKTRO A/S.
PAGAARD ELEKTRO A/S has published its annual report for 2023. Gross profit came to DKK 15,829,060, and the net result was DKK 4,044,801.
As of May 1, 2023, FLEMMING LUND, HORSENS, HOLDING ApS is registered as an owner of PAGAARD ELEKTRO A/S with an ownership share of 25%.
PAGAARD ELEKTRO A/S has published its annual report for 2022. Gross profit came to DKK 14,431,584, and the net result was DKK 3,370,059.
PAGAARD ELEKTRO A/S has published its annual report for 2021. Gross profit came to DKK 13,913,956, and the net result was DKK 3,254,837.
PAGAARD ELEKTRO A/S has published its annual report for 2020. Gross profit came to DKK 12,651,788, and the net result was DKK 2,935,177.
PAGAARD ELEKTRO A/S has published its annual report for 2019. Gross profit came to DKK 12,424,343, and the net result was DKK 2,340,426.
PAGAARD ELEKTRO A/S has published its annual report for 2018. Gross profit came to DKK 9,720,995, and the net result was DKK 2,161,287.
As of September 12, 2018, Steen Andersen has left the board of directors of PAGAARD ELEKTRO A/S.
PAGAARD ELEKTRO A/S has published its annual report for 2017. Gross profit came to DKK 9,922,785, and the net result was DKK 2,223,798.
PAGAARD ELEKTRO A/S has published its annual report for 2016. The net result was DKK 2,004,589.
PAGAARD ELEKTRO A/S has published its annual report for 2015. Gross profit came to DKK 8,055,778, and the net result was DKK 1,738,451.
PAGAARD ELEKTRO A/S has published its annual report for 2014. Gross profit came to DKK 7,304,617, and the net result was DKK 1,612,287.
PAGAARD ELEKTRO A/S has published its annual report for 2013. Gross profit came to DKK 7,060,734, and the net result was DKK 1,509,930.
As of October 5, 2011, HINDSKOV HOLDING ApS is registered as an owner of PAGAARD ELEKTRO A/S with an ownership share of 25%.
As of October 5, 2011, ROSENLUND HOLDING THYREGODLUND ApS is registered as an owner of PAGAARD ELEKTRO A/S with an ownership share of 25%.
As of June 30, 2010, Lars Meyer Hansen has joined the board of directors of PAGAARD ELEKTRO A/S.
As of June 30, 2010, Henning Krøjgaard Lund has left the board of directors of PAGAARD ELEKTRO A/S.
As of December 15, 2008, EY Godkendt Revisionspartnerselskab has been appointed auditor of PAGAARD ELEKTRO A/S.
As of December 15, 2008, EY Godkendt Revisionspartnerselskab has stepped down as auditor of PAGAARD ELEKTRO A/S.
As of August 30, 2007, Torben Guldahl Lund is registered as director of PAGAARD ELEKTRO A/S.
As of July 30, 2007, Henning Krøjgaard Lund has stepped down as director of PAGAARD ELEKTRO A/S.
As of July 3, 2003, EY Godkendt Revisionspartnerselskab has been appointed auditor of PAGAARD ELEKTRO A/S.
As of July 3, 2003, SØNDERBROHUS I/S has stepped down as auditor of PAGAARD ELEKTRO A/S.
As of November 7, 2001, Torben Guldahl Lund has joined the board of directors of PAGAARD ELEKTRO A/S.
As of November 7, 2001, Birtha Petersen Lund has left the board of directors of PAGAARD ELEKTRO A/S.
On May 2, 1997, the company changed its name from PURHØJ HORSENS ApS to PAGAARD ELEKTRO A/S.
As of May 1, 1997, SØNDERBROHUS I/S has been appointed auditor of PAGAARD ELEKTRO A/S.
As of May 1, 1997, A/S REVISION HATTING REGISTRERET REVISIONSSELSKAB has stepped down as auditor of PAGAARD ELEKTRO A/S.
As of May 1, 1997, Steen Andersen has joined the board of directors of PAGAARD ELEKTRO A/S.
On April 5, 1995, the company changed its name from VALUTA INVEST 5 AF 25.10.1990 ApS to PURHØJ HORSENS ApS.
As of April 4, 1995, Frank Leon Olesen has left the board of directors of PAGAARD ELEKTRO A/S.
As of April 4, 1995, Christian Leth has left the board of directors of PAGAARD ELEKTRO A/S.
As of April 4, 1995, Ole Arp Nielsen has left the board of directors of PAGAARD ELEKTRO A/S.
As of April 4, 1995, Ole Arp Nielsen has stepped down as director of PAGAARD ELEKTRO A/S.
As of July 12, 1993, Casper Engelbredt has left the board of directors of PAGAARD ELEKTRO A/S.
As of October 25, 1990, A/S REVISION HATTING REGISTRERET REVISIONSSELSKAB has been appointed auditor of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Henning Krøjgaard Lund has joined the board of directors of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Frank Leon Olesen has joined the board of directors of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Birtha Petersen Lund has joined the board of directors of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Christian Leth has joined the board of directors of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Ole Arp Nielsen has joined the board of directors of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Flemming Krojgård Lund has joined the board of directors of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Casper Engelbredt has joined the board of directors of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Henning Krøjgaard Lund is registered as director of PAGAARD ELEKTRO A/S.
As of October 25, 1990, Ole Arp Nielsen is registered as director of PAGAARD ELEKTRO A/S.
PAGAARD ELEKTRO A/S was founded on October 25, 1990.
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