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VEST-EL A/S: Financial statements 2020

CVR: 34876894

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

VEST-EL A/S (CVR 34876894) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 33,471,073 and a net result of DKK 4,574,729 compared with DKK 4,888,957 the year before. That is a decrease of 8.8% compared with the year before. Equity in the 2020 report amounted to DKK 8,903,224. The solvency ratio was 29.3%. The company had 49 employees in the financial year.

Gross Profit
DKK 33,471,073
Profit/Loss
DKK 4,574,729
Equity
DKK 8,903,224
Total Assets
DKK 30,404,566
Employees
49

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-33.5M4.6M8.9M49
2019-36.7M4.9M9.3M50
2018-26.6M7.3M10.7M34
2017-23M5.8M8.9M33
2016-20.4M4M7.2M32

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Events in 2020

VEST-EL A/S: The 2019 annual report is outMay 26, 2020

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.

About VEST-EL A/S

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 81 employees (2026). 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