AB-ELCO A/S: Financial statements 2020
CVR: 34695806
Source: annual report 2020, Danish Business Authority
01/10/2019 – 30/09/2020
AB-ELCO A/S (CVR 34695806) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 45,000,748 and a net result of DKK 3,631,381 compared with DKK 2,812,245 the year before. That is an increase of 26% compared with the year before. Equity in the 2020 report amounted to DKK 8,288,661. The solvency ratio was 34%. The company had 79 employees in the financial year.
- Gross Profit
- DKK 45,000,748
- Profit/Loss
- DKK 3,631,381
- Equity
- DKK 8,288,661
- Total Assets
- DKK 24,344,286
- Employees
- 79
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 45 mio. | 3.6 mio. | 8.3 mio. | 79 |
| 2019 | - | 35.7 mio. | 2.8 mio. | 7 mio. | 67 |
| 2018 | - | 33.9 mio. | 2.5 mio. | 6.1 mio. | 60 |
| 2017 | - | 30.7 mio. | 1.9 mio. | 4.9 mio. | 57 |
| 2016 | - | 30 mio. | 1.8 mio. | 4.3 mio. | - |
Official annual report
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As of December 17, 2020, Palle Mørkøre has joined the board of directors of AB-ELCO A/S.
As of December 17, 2020, Anders Buchwald Hansen has left the board of directors of AB-ELCO A/S.
As of December 16, 2020, Palle Mørkøre has left the board of directors of AB-ELCO A/S.
About AB-ELCO A/S
AB-ELCO A/S is a Danish company of the type Aktieselskab based in Ringsted, founded in 2012. The company is registered under the industry El-installation. The company was previously named AB-ELCO ApS. The management consists of Rasmus Bjørslev Sværtekilde. The board consists of Palle Mørkøre (chair), Michael Bang, Rasmus Bjørslev Sværtekilde and Tomas Kudsk. The company is owned by SVÆRTEKILDE HOLDING ApS and T. KUDSK HOLDING ApS. The company has 136 employees (2026). In 2025, the company reported a gross profit of DKK 79,867,943 and a net result of DKK 3,551,411 compared with DKK 5,535,117 the year before. Equity in the 2025 report amounted to DKK 14,093,824.