Owners, management and financials
CVR: 34876894
Secondary names: VEST-EL Hvide Sande A/S, TSR Electronic A/S, Thyborøn Skibsradio A/S
Previous names: VEST-EL HVIDE SANDE A/S
DKK 42,512,002
Gross profit
Net result: DKK 8,096,275
InstallatørGruppen Danmark ApS (100%)
CVR · view owners
Kasper Obel Stie Byskov, Steen Møller Christensen
Board: Peter Frandsen (chair) and 2 members
CVR · view management
Active
Founded 3 December 2012
CVR · view overview
40 employees
CVR · 2018
Director role ended: Jacob Engsig Fjord-Frandsen
CVR · 13/06/2024
View the full event history
VEST-EL A/S is a Danish company of the type Aktieselskab based in Hvide Sande, founded in 2012. The company is registered under the industry El-installation. The company was previously named VEST-EL HVIDE SANDE A/S. The management consists of Kasper Obel Stie Byskov and Steen Møller Christensen. The board consists of Peter Frandsen (chair), Jesper Lynge Jensen and Torben Jessen. The company is owned by InstallatørGruppen Danmark ApS. The company has 40 employees (2018). In 2025, the company reported a gross profit of DKK 42,512,002 and a net result of DKK 8,096,275 compared with DKK 13,893,335 the year before. Equity in the 2025 report amounted to DKK 31,335,840.
Source: annual report 2025, Danish Business Authority
VEST-EL A/S demonstrates a solid financial health trajectory, marked by a notable increase in gross profit and profit over the past few years. Gross profit rose from 36.2 million DKK in 2021 to 42.5 million DKK in 2025, while profit surged from 5.3 million DKK to 8.1 million DKK during the same period, indicating strong operational efficiency and profitability growth. The company's equity has also improved significantly, reaching 31.3 million DKK in 2025, reflecting a robust financial foundation. However, the lack of disclosed revenue figures raises concerns about transparency and overall market position within the el-installation industry. Overall, VEST-EL A/S appears to be well-positioned for continued growth, leveraging its increasing profitability and equity strength.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive elinstallationsvirksomhed, handel og anden dermed i forbindelse stående 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 | 42.5 mio. | 8.1 mio. | 50.3 mio. | 31.3 mio. | 56 | |
| 202401/01/2024 – 31/12/2024 | 45.4 mio. | 13.9 mio. | 38.5 mio. | 23.8 mio. | 45 | |
| 202301/01/2023 – 31/12/2023 | 35.7 mio. | 4.8 mio. | 29 mio. | 9.7 mio. | 45 | |
| 202201/01/2022 – 31/12/2022 | 37.2 mio. | 5.8 mio. | 25 mio. | 10 mio. | 46 | |
| 202101/01/2021 – 31/12/2021 | 36.2 mio. | 5.3 mio. | 28.4 mio. | 9.2 mio. | 48 | |
| 202001/01/2020 – 31/12/2020 | 33.5 mio. | 4.6 mio. | 30.4 mio. | 8.9 mio. | 49 | |
| 201901/01/2019 – 31/12/2019 | 36.7 mio. | 4.9 mio. | 24.2 mio. | 9.3 mio. | 50 | |
| 201801/01/2018 – 31/12/2018 | 26.6 mio. | 7.3 mio. | 18.8 mio. | 10.7 mio. | 34 | |
| 201701/01/2017 – 31/12/2017 | 23 mio. | 5.8 mio. | 14.5 mio. | 8.9 mio. | 33 | |
| 201601/01/2016 – 31/12/2016 | 20.4 mio. | 4 mio. | 17.5 mio. | 7.2 mio. | 32 | |
| 201501/01/2015 – 31/12/2015 | - | 3.7 mio. | 16.4 mio. | 6.6 mio. | - | |
| 201401/01/2014 – 31/12/2014 | 12.7 mio. | 2.1 mio. | 11.3 mio. | 4 mio. | - | |
| 201303/12/2012 – 31/12/2013 | 13.7 mio. | 2.4 mio. | 10.5 mio. | 2.9 mio. | - |
Compared to 2.010 companies in El-installation
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Try company screeningThe CVR number of VEST-EL A/S is 34876894.
VEST-EL A/S is owned by InstallatørGruppen Danmark ApS.
The management of VEST-EL A/S consists of Kasper Obel Stie Byskov and Steen Møller Christensen.
The board of VEST-EL A/S consists of Peter Frandsen, Jesper Lynge Jensen and Torben Jessen, with Peter Frandsen as chair.
In 2025, VEST-EL A/S reported a gross profit of DKK 42,512,002.
VEST-EL A/S had 40 employees in 2018 according to the Danish CVR register.
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As of September 1, 2026, Cedra Godkendt Revisionsaktieselskab has been appointed auditor of VEST-EL A/S.
As of September 1, 2026, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of VEST-EL A/S.
VEST-EL A/S has published its annual report for 2025. Gross profit came to DKK 42,512,002, and the net result was DKK 8,096,275.
As of April 30, 2025, Torben Jessen has joined the board of directors of VEST-EL A/S.
As of April 30, 2025, Kasper Obel Stie Byskov has left the board of directors of VEST-EL A/S.
VEST-EL A/S has published its annual report for 2024. Gross profit came to DKK 45,379,274, and the net result was DKK 13,893,335.
As of June 13, 2024, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of VEST-EL A/S.
As of June 13, 2024, Partner Revision statsautoriseret revisionsaktieselskab has stepped down as auditor of VEST-EL A/S.
As of June 13, 2024, Peter Frandsen has joined the board of directors of VEST-EL A/S.
As of June 13, 2024, Jesper Lynge Jensen has joined the board of directors of VEST-EL A/S.
As of June 13, 2024, Ole Enevoldsen has left the board of directors of VEST-EL A/S.
As of June 13, 2024, Jesper Mølgaard Spørring has left the board of directors of VEST-EL A/S.
As of June 13, 2024, Jacob Engsig Fjord-Frandsen has left the board of directors of VEST-EL A/S.
As of June 13, 2024, Steen Møller Christensen has left the board of directors of VEST-EL A/S.
As of June 13, 2024, Helmer Nicolaj Graversen has left the board of directors of VEST-EL A/S.
As of June 13, 2024, Steen Møller Christensen is registered as director of VEST-EL A/S.
As of June 13, 2024, Jacob Engsig Fjord-Frandsen has stepped down as director of VEST-EL A/S.
As of June 13, 2024, InstallatørGruppen Danmark ApS is registered as an owner of VEST-EL A/S with an ownership share of 100%.
VEST-EL A/S has published its annual report for 2023. Gross profit came to DKK 35,673,395, and the net result was DKK 4,827,005.
As of February 9, 2024, Helmer Nicolaj Graversen has joined the board of directors of VEST-EL A/S.
VEST-EL A/S has published its annual report for 2022. Gross profit came to DKK 37,163,827, and the net result was DKK 5,794,556.
VEST-EL A/S has published its annual report for 2021. Gross profit came to DKK 36,240,596, and the net result was DKK 5,288,656.
VEST-EL A/S has published its annual report for 2020. Gross profit came to DKK 33,471,073, and the net result was DKK 4,574,729.
As of January 14, 2021, Partner Revision statsautoriseret revisionsaktieselskab has been appointed auditor of VEST-EL A/S.
As of January 14, 2021, EY Godkendt Revisionspartnerselskab has stepped down as auditor of VEST-EL A/S.
VEST-EL A/S has published its annual report for 2019. Gross profit came to DKK 36,702,340, and the net result was DKK 4,888,957.
As of March 15, 2019, Kasper Obel Stie Byskov has joined the board of directors of VEST-EL A/S.
As of March 14, 2019, Kasper Obel Stie Byskov is registered as director of VEST-EL A/S.
As of March 14, 2019, Ole Enevoldsen has stepped down as director of VEST-EL A/S.
VEST-EL A/S has published its annual report for 2018. Gross profit came to DKK 26,596,884, and the net result was DKK 7,295,029.
As of December 10, 2018, Niels Jørgen Kaalund Winther has left the board of directors of VEST-EL A/S.
On December 10, 2018, the company changed its name from VEST-EL HVIDE SANDE A/S to VEST-EL A/S.
VEST-EL A/S has published its annual report for 2017. Gross profit came to DKK 23,018,200, and the net result was DKK 5,775,900.
VEST-EL A/S has published its annual report for 2016. Gross profit came to DKK 20,421,928, and the net result was DKK 4,012,566.
As of April 6, 2017, Steen Møller Christensen has joined the board of directors of VEST-EL A/S.
As of April 6, 2017, Mads Rosendahl has left the board of directors of VEST-EL A/S.
As of April 6, 2017, Ole Enevoldsen is registered as director of VEST-EL A/S.
As of April 6, 2017, Jacob Engsig Fjord-Frandsen is registered as director of VEST-EL A/S.
As of April 6, 2017, Niels Jørgen Kaalund Winther has stepped down as director of VEST-EL A/S.
As of April 6, 2017, Mads Rosendahl has stepped down as director of VEST-EL A/S.
VEST-EL A/S has published its annual report for 2015. The net result was DKK 3,679,416.
As of June 30, 2015, Ole Enevoldsen has joined the board of directors of VEST-EL A/S.
As of June 30, 2015, Jesper Mølgaard Spørring has joined the board of directors of VEST-EL A/S.
As of June 30, 2015, Johnny Bent Jensen has left the board of directors of VEST-EL A/S.
As of June 29, 2015, Jesper Mølgaard Spørring has left the board of directors of VEST-EL A/S.
VEST-EL A/S has published its annual report for 2014. Gross profit came to DKK 12,656,129, and the net result was DKK 2,106,826.
VEST-EL A/S has published its annual report for 2013. Gross profit came to DKK 13,667,363, and the net result was DKK 2,355,051.
As of December 3, 2012, EY Godkendt Revisionspartnerselskab has been appointed auditor of VEST-EL A/S.
As of December 3, 2012, Niels Jørgen Kaalund Winther has joined the board of directors of VEST-EL A/S.
As of December 3, 2012, Johnny Bent Jensen has joined the board of directors of VEST-EL A/S.
As of December 3, 2012, Mads Rosendahl has joined the board of directors of VEST-EL A/S.
As of December 3, 2012, Jesper Mølgaard Spørring has joined the board of directors of VEST-EL A/S.
As of December 3, 2012, Jacob Engsig Fjord-Frandsen has joined the board of directors of VEST-EL A/S.
As of December 3, 2012, Niels Jørgen Kaalund Winther is registered as director of VEST-EL A/S.
As of December 3, 2012, Mads Rosendahl is registered as director of VEST-EL A/S.
VEST-EL A/S was founded on December 3, 2012.
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