Owners, management and financials
CVR: 58585610
Secondary names: B&H EL-ARTIKLER A/S, Elworks LED A/S
Previous names: B&H EL-ARTIKLER A/S
DKK 18,676,293
Gross profit
Net result: DKK 7,694,268
LEMVIGH-MüLLER A/S (100%)
CVR · view owners
Egil Moesgaard
Board: Kristian Muldbak Andersen (chair) and 2 members
CVR · view management
Active
Founded 29 June 1976
CVR · view overview
6 employees
CVR · 2026
Director role ended: Henrik Nøhr
CVR · 01/11/2024
View the full event history
ELWORKS A/S is a Danish company of the type Aktieselskab based in Kolding, founded in 1976. The company is registered under the industry Engroshandel med andre maskiner og andet udstyr. The company was previously named B&H EL-ARTIKLER A/S. The management consists of Egil Moesgaard. The board consists of Kristian Muldbak Andersen (chair), Christian Søgaard-Christensen and Egil Moesgaard. The company is owned by LEMVIGH-MüLLER A/S. The company has 6 employees (2026). In 2025, the company reported a gross profit of DKK 18,676,293 and a net result of DKK 7,694,268 compared with DKK 4,543,843 the year before. Equity in the 2025 report amounted to DKK 30,401,730.
Source: annual report 2025, Danish Business Authority
ELWORKS A/S demonstrates a positive trajectory in profitability, with gross profit increasing from 7,260,000 DKK in 2022 to 18,676,293 DKK in 2025, alongside a notable rise in profit from a loss of 3,224,000 DKK in 2022 to 7,694,268 DKK in 2025. The company's equity has remained relatively stable, peaking at 39,161,115 DKK in 2021, but has since decreased to 30,401,730 DKK in 2025. While revenue figures are not disclosed, the significant improvement in gross profit and profit margins indicates a strengthening operational efficiency. However, the fluctuating equity levels may raise concerns about long-term financial stability. Positioned within the machinery and equipment wholesale industry, ELWORKS A/S appears to be recovering well from previous losses, suggesting a potential for growth.
AI-generated summary · Generated 14/08/2026
Selskabets formål er at drive fabrikation, handel, import og export og anden i forbindelse hermed 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 | 18.7 mio. | 7.7 mio. | 67.1 mio. | 30.4 mio. | 12 | |
| 202401/01/2024 – 31/12/2024 | 16.8 mio. | 4.5 mio. | 49 mio. | 27.3 mio. | 15 | |
| 202301/01/2023 – 31/12/2023 | 12.8 mio. | 1.3 mio. | 45.1 mio. | 32.7 mio. | 16 | |
| 202201/01/2022 – 31/12/2022 | 7.3 mio. | -3.2 mio. | 59.8 mio. | 31.4 mio. | 18 | |
| 202101/01/2021 – 31/12/2021 | 17.9 mio. | 4.9 mio. | 50.9 mio. | 39.2 mio. | 20 | |
| 202001/01/2020 – 31/12/2020 | 19.6 mio. | 7.1 mio. | 54.4 mio. | 39.2 mio. | 18 | |
| 201901/01/2019 – 31/12/2019 | 13.9 mio. | 3.8 mio. | 58.1 mio. | 37.1 mio. | 15 | |
| 201701/07/2016 – 30/06/2017 | 11 mio. | 1.6 mio. | 38.4 mio. | 24 mio. | 16 | |
| 201601/07/2015 – 30/06/2016 | 10.2 mio. | 28 t. | 44.5 mio. | 22.4 mio. | - | |
| 201501/07/2014 – 30/06/2015 | 8.7 mio. | 262 t. | 44 mio. | 22.4 mio. | - | |
| 201401/07/2013 – 30/06/2014 | 6.4 mio. | -1.9 mio. | 41.3 mio. | 22.1 mio. | - | |
| 201301/07/2012 – 30/06/2013 | 9.9 mio. | 1 mio. | 43.5 mio. | 24 mio. | - |
Compared to 1.732 companies in Engroshandel med andre maskiner og andet udstyr
Comparison is based on industry median values
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Try the lead list generatorThe CVR number of ELWORKS A/S is 58585610.
ELWORKS A/S is owned by LEMVIGH-MüLLER A/S.
The management of ELWORKS A/S consists of Egil Moesgaard.
The board of ELWORKS A/S consists of Kristian Muldbak Andersen, Christian Søgaard-Christensen and Egil Moesgaard, with Kristian Muldbak Andersen as chair.
In 2025, ELWORKS A/S reported a gross profit of DKK 18,676,293.
ELWORKS A/S had 6 employees in 2026 according to the Danish CVR register.
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ELWORKS A/S has published its annual report for 2025. Gross profit came to DKK 18,676,293, and the net result was DKK 7,694,268.
ELWORKS A/S has published its annual report for 2024. Gross profit came to DKK 16,752,504, and the net result was DKK 4,543,843.
As of March 11, 2025, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of ELWORKS A/S.
As of March 11, 2025, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of ELWORKS A/S.
As of November 1, 2024, Egil Moesgaard has joined the board of directors of ELWORKS A/S.
As of November 1, 2024, Henrik Nøhr has left the board of directors of ELWORKS A/S.
As of November 1, 2024, Egil Moesgaard is registered as adm. dir. of ELWORKS A/S.
As of November 1, 2024, Henrik Nøhr has stepped down as director of ELWORKS A/S.
ELWORKS A/S has published its annual report for 2023. Gross profit came to DKK 12,759,000, and the net result was DKK 1,270,000.
As of November 30, 2023, Christian Søgaard-Christensen has joined the board of directors of ELWORKS A/S.
As of November 30, 2023, Kristian Muldbak Andersen has joined the board of directors of ELWORKS A/S.
As of November 30, 2023, Michael Lichtenberg Crone has left the board of directors of ELWORKS A/S.
As of November 30, 2023, Karsten Bækgård Nielsen has left the board of directors of ELWORKS A/S.
ELWORKS A/S has published its annual report for 2022. Gross profit came to DKK 7,260,000, and the net result was DKK -3,224,000.
ELWORKS A/S has published its annual report for 2021. Gross profit came to DKK 17,929,340, and the net result was DKK 4,932,775.
As of March 1, 2022, Henrik Nøhr has joined the board of directors of ELWORKS A/S.
As of March 1, 2022, Henrik Holst Andersen has left the board of directors of ELWORKS A/S.
As of March 1, 2022, Henrik Nøhr is registered as director of ELWORKS A/S.
As of March 1, 2022, Henrik Holst Andersen has stepped down as director of ELWORKS A/S.
ELWORKS A/S has published its annual report for 2020. Gross profit came to DKK 19,623,468, and the net result was DKK 7,131,859.
ELWORKS A/S has published its annual report for 2019. Gross profit came to DKK 13,894,071, and the net result was DKK 3,817,729.
As of February 26, 2020, Michael Lichtenberg Crone has joined the board of directors of ELWORKS A/S.
As of February 26, 2020, Karsten Bækgård Nielsen has joined the board of directors of ELWORKS A/S.
As of February 26, 2020, Tony Norman Christensen has left the board of directors of ELWORKS A/S.
As of February 26, 2020, Morten Ørding Trolle has left the board of directors of ELWORKS A/S.
As of March 21, 2019, Tony Norman Christensen has joined the board of directors of ELWORKS A/S.
As of March 21, 2019, Jan Meldgaard Christensen has left the board of directors of ELWORKS A/S.
ELWORKS A/S has published its interim report for the period July 1, 2017 – December 31, 2018.
As of November 27, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of ELWORKS A/S.
As of November 27, 2018, A/S PSE 17 NR. 1056 has stepped down as auditor of ELWORKS A/S.
ELWORKS A/S has published its annual report for 2017. Gross profit came to DKK 11,004,948, and the net result was DKK 1,609,066.
As of August 31, 2017, Henrik Holst Andersen has joined the board of directors of ELWORKS A/S.
As of August 31, 2017, Jan Meldgaard Christensen has joined the board of directors of ELWORKS A/S.
As of August 31, 2017, Morten Ørding Trolle has joined the board of directors of ELWORKS A/S.
As of August 31, 2017, Peter Holst Andersen has left the board of directors of ELWORKS A/S.
As of August 31, 2017, Steen Asbjørn Larsen has left the board of directors of ELWORKS A/S.
As of August 31, 2017, Hans Jørgen Kaptain has left the board of directors of ELWORKS A/S.
As of August 31, 2017, LEMVIGH-MüLLER A/S is registered as an owner of ELWORKS A/S with an ownership share of 100%.
As of August 30, 2017, Henrik Holst Andersen has left the board of directors of ELWORKS A/S.
As of May 10, 2017, Hans Jørgen Kaptain has joined the board of directors of ELWORKS A/S.
As of May 10, 2017, Poul Sloth has left the board of directors of ELWORKS A/S.
As of May 10, 2017, Bo Westberg Rasmussen has left the board of directors of ELWORKS A/S.
As of May 10, 2017, Peter Holst Andersen has stepped down as director of ELWORKS A/S.
As of May 9, 2017, Hans Jørgen Kaptain has left the board of directors of ELWORKS A/S.
ELWORKS A/S has published its annual report for 2016. Gross profit came to DKK 10,217,068, and the net result was DKK 27,943.
ELWORKS A/S has published its annual report for 2015. Gross profit came to DKK 8,671,979, and the net result was DKK 262,266.
ELWORKS A/S has published its annual report for 2014. Gross profit came to DKK 6,408,013, and the net result was DKK -1,870,779.
ELWORKS A/S has published its annual report for 2013. Gross profit came to DKK 9,912,900, and the net result was DKK 1,008,408.
On June 25, 2010, the company changed its name from B&H EL-ARTIKLER A/S to ELWORKS A/S.
As of June 25, 2008, Bo Westberg Rasmussen has joined the board of directors of ELWORKS A/S.
As of June 26, 2003, Peter Holst Andersen is registered as director of ELWORKS A/S.
As of August 5, 1998, A/S PSE 17 NR. 1056 has been appointed auditor of ELWORKS A/S.
As of August 5, 1998, A/S PSE 17 NR. 1056 has stepped down as auditor of ELWORKS A/S.
As of June 4, 1996, Peter Holst Andersen has joined the board of directors of ELWORKS A/S.
As of June 4, 1996, Jens Træde has left the board of directors of ELWORKS A/S.
As of June 4, 1996, John Andersen has left the board of directors of ELWORKS A/S.
As of June 4, 1996, John Andersen has stepped down as director of ELWORKS A/S.
As of December 8, 1994, Henrik Holst Andersen is registered as director of ELWORKS A/S.
As of December 13, 1993, Poul Sloth has joined the board of directors of ELWORKS A/S.
As of June 3, 1993, Jens Træde has joined the board of directors of ELWORKS A/S.
As of June 18, 1992, has stepped down as auditor of ELWORKS A/S.
As of June 18, 1992, Kurt Hansen has left the board of directors of ELWORKS A/S.
As of November 6, 1989, A/S PSE 17 NR. 1056 has stepped down as auditor of ELWORKS A/S.
As of June 29, 1976, A/S PSE 17 NR. 1056 has been appointed auditor of ELWORKS A/S.
As of June 29, 1976, A/S PSE 17 NR. 1056 has been appointed auditor of ELWORKS A/S.
As of June 29, 1976, has been appointed auditor of ELWORKS A/S.
As of June 29, 1976, Henrik Holst Andersen has joined the board of directors of ELWORKS A/S.
As of June 29, 1976, Steen Asbjørn Larsen has joined the board of directors of ELWORKS A/S.
As of June 29, 1976, Hans Jørgen Kaptain has joined the board of directors of ELWORKS A/S.
As of June 29, 1976, John Andersen has joined the board of directors of ELWORKS A/S.
As of June 29, 1976, Kurt Hansen has joined the board of directors of ELWORKS A/S.
As of June 29, 1976, John Andersen is registered as director of ELWORKS A/S.
ELWORKS A/S was founded on June 29, 1976.
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