TSR HOLDING ApS (CVR 26117070) company profile

Ownership

Kasper Obel Stie Byskov
100% of capital and votessince 10 Nov 2011

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Owned companies

5 Danish companies.

Byskov ApS
SubsidiaryCVR 44873141100% of capital and votes
ObelStie ApS
SubsidiaryCVR 40523596100% of capital and votes
Allerby ApS
Subsidiary or joint ventureCVR 3960106050% to under 66.7% of capital and votes
Kalots ApS
Subsidiary or joint ventureCVR 4504285550% to under 66.7% of capital and votes
V.E. Ejendomme ApS
CVR 4472837020% to under 25% of capital and votes

Found by searching the CVR owner register (ejerregister) for TSR HOLDING ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Former holdings (3)

VEST-EL A/S
CVR 3487689420% to under 25% of capital and votes21 Feb 2019 to 13 Jun 2024
BBB TOWER ApS
CVR 3404738333.3% to under 50% of capital and votes9 Nov 2011 to 13 Nov 2019
TSR ELECTRONIC A/S
CVR 2618537850% to under 66.7% of capital and votes14 Aug 2001 to 21 Feb 2019

Subsidiaries (datterselskaber): Pro: Subsidiaries (datterselskaber) is in the Pro plan, see pricingThe Danish companies it controls, followed down through their own subsidiaries.

Dandex estimates

Legal ownership resolution (ejerforholdenes opløsning): Ends at a personThe chain of majority owners ends at a person, directly; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 15 Nov 2026.
Control tenure (ejerskabsperiode): Pro: Control tenure (ejerskabsperiode) is in the Pro plan, see pricingHow long the current ultimate controller has held control, from the CVR owner register.
Group position (koncernforhold): No parent, and a majority holding in one or more Danish companiesControlled by a person; it holds 50% or more of 4 Danish companies. Dandex estimate, rule v2, computed 15 Nov 2026.
Holding company assets (holdingselskabets aktiver): Pro: Holding company assets (holdingselskabets aktiver) is in the Pro plan, see pricingFor a holding company, the kind of asset that makes up half its balance sheet or more.
Signing authority, structured (tegningsregel, struktureret): One person can bind the companyThe registered signing rule lets one person bind the company. Dandex estimate, rule v2, computed 15 Nov 2026.
EU SME size class (SMV-kategori): Not determinedThe 2025 figures fit more than one class: revenue or the balance sheet total that would decide is not filed. Dandex estimate, rule v2, computed 15 Nov 2026.
Demand cyclicality (konjunkturfølsomhed): Pro: Demand cyclicality (konjunkturfølsomhed) is in the Pro plan, see pricingHow demand for its products moves with the economy, from its industry.
Registry and report headcount compared (ansatte i register og regnskab): Pro: Registry and report headcount compared (ansatte i register og regnskab) is in the Pro plan, see pricingThe report's average employees beside the registry's staff over the same year.
Auditor's report (revisorpåtegning): Extended reviewTagged in the report (cmn:TypeOfAuditorAssistance). Dandex estimate, rules and decision model v1, computed 12 Nov 2026, from the annual report for the year ending 31 Dec 2025.
Auditor's report findings (revisorpåtegning): Pro: Auditor's report findings (revisorpåtegning) is in the Pro plan, see pricingThe auditor's findings: conclusion, going concern, emphasis, other matters, breaches.
Revenue model (indtægtsmodel): Pro: Revenue model (indtægtsmodel) is in the Pro plan, see pricingThe kinds of revenue the accounting policies name, and the main one.

Decided by Dandex with fixed rules from CVR and the filed annual reports, and for the auditor's report, the business model and the revenue model a calibrated decision model reading the report's text and the purpose clause, not registered by the company. Each label links to its definition.

People

Current (1)

Kasper Obel Stie ByskovExecutive board since 10 Nov 2011

Founders (1)

Henning ByskovFounded 28 Jun 2001

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Former (9)

Henning ByskovExecutive board 28 Jun 2001 to 10 Nov 2011, Board of directors 28 Jun 2001 to 10 Nov 2011
Erik Bo LarsenBoard of directors 18 Dec 2002 to 24 Jun 2010
Hans Kurt RasmussenBoard of directors 18 Dec 2002 to 24 Jun 2010
Brian Schmidt KristensenBoard of directors 18 Dec 2002 to 24 Jun 2010
Mia Obel LindeBoard of directors 24 Jun 2010 to 10 Nov 2011
Thomas Stensgaard HenriksenBoard of directors 18 Dec 2002 to 24 Jun 2010
Alice Obel ByskovBoard of directors 24 Jun 2010 to 10 Nov 2011
Rine ObelBoard of directors 28 Jun 2001 to 24 Jun 2010
Erik BondeAuditor 28 Jun 2001 to 12 Feb 2014

Network

Roles over time

Kasper Obel Stie Byskov: Executive board, 10 Nov 2011 to today; Board of directors, 18 Dec 2002 to 10 Nov 2011.

18 Dec 2002 to 15 Nov 2026.

Former (9)

Erik Bonde: Auditor, 28 Jun 2001 to 12 Feb 2014.
Henning Byskov: Executive board, 28 Jun 2001 to 10 Nov 2011; Board of directors, 28 Jun 2001 to 10 Nov 2011.
Mia Obel Linde: Board of directors, 24 Jun 2010 to 10 Nov 2011.
Alice Obel Byskov: Board of directors, 24 Jun 2010 to 10 Nov 2011.
Erik Bo Larsen: Board of directors, 18 Dec 2002 to 24 Jun 2010.
Hans Kurt Rasmussen: Board of directors, 18 Dec 2002 to 24 Jun 2010.
Brian Schmidt Kristensen: Board of directors, 18 Dec 2002 to 24 Jun 2010.
Thomas Stensgaard Henriksen: Board of directors, 18 Dec 2002 to 24 Jun 2010.
Rine Obel: Board of directors, 28 Jun 2001 to 24 Jun 2010.

28 Jun 2001 to 15 Nov 2026.

Executive board (direktion)Board of directors (bestyrelse)Other rolesEach bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Headcount

CVR holds no employment figures for this company.

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	-37	-51	-69	-50	-102
Operating profit	Not reported	Not reported	Not reported	-50	-102
Result for the year	+1,291	+1,521	+1,709	+14,942	+728
Equity	16,510	17,916	19,507	34,327	34,920
Total assets	21,650	20,394	20,471	34,658	35,316
Employees (average)	0	0	Not reported	0	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	-117.1%	n.m.^{note 1}	n.m.^{note 1}	n.m.^{note 1}	n.m.^{note 1}
EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit.	Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit.
Net interest-bearing debt (NIBD, nettorentebærende gæld)Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.	Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.
Gearing, NIBD / EBITDAPro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.	Pro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.
Interest coverage (rentedækning)Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.	Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.
Adjusted equity ratio (justeret soliditetsgrad)Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.	Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.
ROIC (afkast af investeret kapital)Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.	Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.
Capex % of sales (investeringer i procent af omsætningen)Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue.	Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue.
FCFF / EBITDA (pengestrømskonvertering)Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA.	Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA.

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages. Gearing and interest coverage are multiples. Rows marked Pro hold a value in the Pro plan. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may.

1 n.m.: the year before is not positive

Credit rating (kreditvurdering): Pro: Credit rating (kreditvurdering) is in the Pro plan, see pricingA score from 0 to 100 with a grade from A to F, from the latest annual reports.
Capital loss (kapitaltab): Pro: Capital loss (kapitaltab) is in the Pro plan, see pricingNegative equity, or equity below half the share capital, in the latest report.
Filing deadline and punctuality (indsendelsesfrist): Pro: Filing deadline and punctuality (indsendelsesfrist) is in the Pro plan, see pricingThe next annual report deadline.

Annual reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 17 Jun 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 13 Jun 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 20 Jun 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 21 Jun 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 27 Jun 2022
PDF

Financials

Changes

No changes since Dandex began following this company. For announcements from before then, see Registrations.

Signals (signaler)

Pro: Signals (signaler) are in the Pro plan, see pricingChanges worth a look, raised from the registry and new annual reports.

New leadership (nyt lederskab), New company (ny virksomhed), Ownership change (ejerskifte), Relocation (flytning), Growth surge (vækstspurt), Headcount decline (nedgang i ansatte), Restructuring (omstrukturering), Industry change (brancheskift), Board change (bestyrelsesændring), Dissolution (ophør), Distress warning (risikoadvarsel), Fund investment (fondsinvestering), Fund exit (fondsexit), Fund board seat (fondsbestyrelsespost).

Changes

Pro for this company

The rows marked Pro on this page hold values in the Pro plan. For TSR HOLDING ApS, that is:

Credit and debt: Net interest-bearing debt, gearing, NIBD / EBITDA, interest coverage and adjusted equity ratio, for 2021 to 2025.Credit rating, capital loss and filing deadline and punctuality.
Returns and cash flow: EBITDA / gross profit, ROIC, capex % of sales and FCFF / EBITDA, for 2021 to 2025.
Advanced estimates: Control tenure, holding company assets, demand cyclicality, registry and report headcount compared, auditor's report findings, revenue model and subsidiaries.
Signals and monitoring: Signals on this company, as Dandex raises them.

See the Pro plan

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Registry facts

Signing rule (tegningsregel): Selskabet tegnes af en direktør.since 10 Nov 2011
Purpose (formål): Selskabets formål er at drive (1) udviklingsvirksomhed i tilknytning til handels- og servicevirksomhed med leverancer af elektronik til skibe og andre aftagere, (2) virksomhed, der knytter sig naturligt til det nævnte samt (3) direkte eller indirekte gennem kapitalinteresser i andre virksomheder at besidde aktier og andre værdipapirer.since 11 Dec 2018
Audit opted out (revision fravalgt): Nosince 15 Jul 2011
Articles of association last changed (seneste vedtægtsdato): 11 Dec 2018
Financial year change (omlægning af regnskabsår): 1 Mar 2018 to 31 Dec 2018

Share capital

Each registered value from the day it took effect, newest first.

14 Jul 2011DKK 80,000-420,000
28 Jun 2001DKK 500,000Earliest in CVR

From CVR, read 15 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry facts

History (historik)

Name changes: 1 in all, none in the last 5 years; latest 14 Jul 2011
Address changes: 1 in all, 1 in the last 5 years; latest 10 Mar 2024At the current address for 2.7 years
Status changes: None recorded
Auditor changes: 3 in all, 2 in the last 5 years; latest 25 Aug 2025With the current audit firm for 1.2 years

Names (navne)

14 Jul 2011 to now
TSR HOLDING ApS
28 Jun 2001 to 13 Jul 2011
TSR HOLDING A/S

Addresses (adresser)

10 Mar 2024 to now
Møllegårdsvej 8, 7620 Lemvig
28 Jun 2001 to 9 Mar 2024
Nordsøkaj 36, 7680 Thyborøn

Audit firms (revision)

25 Aug 2025 to now
BDO Statsautoriseret Revisionspartnerselskab
2 Oct 2023 to 25 Aug 2025
BDO Holding VII, statsautoriseret revisionsaktieselskab
1 Mar 2014 to 2 Oct 2023
PARTNERSELSKABET AF 31. JANUAR 2014
12 Feb 2014 to 1 Mar 2014
AKTIESELSKABET AF 10. AUGUST 1998

From CVR, read 15 Nov 2026. A change is counted each time the registry records a new value, so a corrected address or an audit firm under a new entity counts too.

History (historik)

Registrations (registreringer)

13 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.

25 Aug 2025
Audit change
Revision:
Fratrådte:
BDO Holding VII, statsautoriseret revisionsaktieselskab, den 25.08.2025.
Tiltrådte:
CVR-NR. 45719375 BDO 2025 Statsautoriseret Revisionspartnerselskab, Birk Centerpark 30, 7400 Herning, den 25.08.2025.
15 Nov 2024
Audit change
Revision:
Fratrådte:
PARTNERSELSKABET AF 31. JANUAR 2014, den 02.10.2023.
Tiltrådte:
CVR-NR. 20222670 BDO STATSAUTORISERET REVISIONSAKTIESELSKAB, Guldborgvej 1, 7400 Herning, den 02.10.2023.
10 Mar 2024
Address change
Ny adresse: Møllegårdsvej 8, 7620 Lemvig
11 Dec 2018
Other
Vedtægter ændret: 11.12.2018
Regnskabsår ændret til: 01.01 - 31.12
Omlægningsperiode: 01.03.2018 - 31.12.2018
Formål ændret: Selskabets formål er at drive (1) udviklingsvirksomhed i tilknytning til handels- og servicevirksomhed med leverancer af elektronik til skibe og andre aftagere, (2) virksomhed, der knytter sig naturligt til det nævnte samt (3) direkte eller indirekte gennem kapitalinteresser i andre virksomheder at besidde aktier og andre værdipapirer.
1 Mar 2014
Audit change Other
Revision:
Udtrådt af revisionen:
CVR-NR. 21046930 AKTIESELSKABET AF 10. AUGUST 1998, den 01.03.2014.
Indtrådt i revisionen:
CVR-NR. 35658432 VISTISEN & LUNDE STATSAUTORISERET REVISIONSPARTNERSELSKAB, Guldborgvej 1, 7400 Herning, den 01.03.2014.
12 Feb 2014
Audit change Other
Revision:
Udtrådt af revisionen:
Erik Bonde, den 12.02.2014.
Indtrådt i revisionen:
CVR-NR. 21046930 VISTISEN & LUNDE STATSAUTORISERET REVISIONSAKTIESELSKAB, Guldborgvej 1, 7400 Herning, den 12.02.2014.
10 Nov 2011
Other People change
Vedtægter ændret:
10.11.2011.
Bestyrelse:
Udtrådt af bestyrelsen:
Mia Obel Linde, den 10.11.2011, Kasper Obel Byskov, den 10.11.2011, Henning Byskov, den 10.11.2011, Alice Obel Byskov, den 10.11.2011.
Direktion:
Show the full announcement
Udtrådt af direktionen:
Henning Byskov, den 10.11.2011.
Indtrådt i direktionen:
Elektronikmek Kasper Obel Byskov, den 10.11.2011.
Selskabet tegnes af en direktør.
24 Aug 2011
Other Capital change
Vedtægter ændret:
14.07.2011.
Kapitalnedsættelse besluttet 14.07.2011 er gennemført 24.08.2011.
Kapitalen udgør herefter kr. 80.000,00.
15 Jul 2011
Capital change Other Conversion
Vedtægter ændret:
14.07.2011.
Kapitalnedsættelse besluttet 14.07.2011 henlæggelse til særlig reserve kr. 420.000,00 til kurs 100,00.
Selskabets kreditorer opfordres til at anmelde deres krav til selskabet. Kreditorerne kan kræve betryggende sikkerhed for uforfaldne krav og betaling af forfaldne krav. Krav skal anmeldes senest 4 uger fra dags dato.
Selskabet er omdannet til et ApS med CVR-nr 26117070.
NAVN: TSR HOLDING ApS.
Show the full announcement
ADRESSE: Nordsøkaj 36, 7680 Thyborøn.
Kommune:
Lemvig.
Kapital kr. 500.000,00.
Bestyrelse:
Kontorass Mia Obel Linde (formand), Elektronikmek Kasper Obel Byskov, Henning Byskov, Direktør Alice Obel Byskov.
Direktion:
Henning Byskov.
Selskabet tegnes af én direktør eller af den samlede bestyrelse.
Revision:
Reg. revisor Erik Bonde, 7680 Thyborøn Havn.
Regnskabsår:
01.03 - 28.02.
28 Jun 2010
Other People change
Bestyrelse:
Tiltrådt som formand:
Mia Obel Linde, den 24.06.2010, Fratrådt som formand, men forbliver i bestyrelsen: Alice Obel Byskov, den 24.06.2010.
Udtrådt af bestyrelsen:
Rine Obel Byskov, den 24.06.2010, Thomas Stensgaard Henriksen, den 24.06.2010, Brian Schmidt Kristensen, den 24.06.2010, Erik Bo Larsen, den 24.06.2010, Hans Kurt Rasmussen, den 24.06.2010.

Show 3 more

1 Jan 2007
Address change
Ved kommunalreformen den 1. januar 2007 er hjemstedskommunen ændret.
7 Feb 2003
Other People change
Bestyrelse:
Indtrådt i bestyrelsen:
Elektronikmek Kasper Obel Byskov, den 18.12.2002, Elektromek Brian Schmidt Kristensen, den 18.12.2002, Elektromek Erik Bo Larsen, den 18.12.2002, Kontorass Mia Obel Linde, den 18.12.2002, Elektronikmek Thomas Stensgaard Poulsen, den 18.12.2002, Konsulent Hans Kurt Rasmussen, den 18.12.2002.
18 Jul 2001
New company
Stiftelsesdato:
28.06.2001.
Seneste vedtægtsdato:
28.06.2001.
Kapital:
kr. 500.000,00.
Show the full announcement
Indbetalingsmåde:
kontant kr. 500.000,00 til kurs 206,00.
Stifter:
Henning Byskov, den 28.06.2001.
Bestyrelse:
Direktør Alice Obel Byskov (formand), den 28.06.2001, Henning Byskov, den 28.06.2001, Rine Obel Byskov, den 28.06.2001.
Direktion:
Henning Byskov, den 28.06.2001.
Selskabet tegnes af én direktør eller af den samlede bestyrelse.
Revision:
Reg. revisor Erik Bonde, 7680 Thyborøn Havn, den 28.06.2001.
Første regnskabsår:
28.06.2001 - 28.02.2002.
Regnskabsår:
01.03 - 28.02.

Registrations (registreringer)

Registration

Address: Møllegårdsvej 8
7620 Lemvig
Lemvig Municipality
CVR record last changed: 2 Jul 2026
Data read: 15 Nov 2026

Production units

1 registered in CVR.

TSR HOLDING ApS
P-number 1008610947Møllegårdsvej 8, 7620 Lemvig

Compiled by Dandex from the Danish Business Registry (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

Ownership

People

Network

Headcount

Financials

Changes

Registry facts

History (historik)

Registrations (registreringer)

Registration

Dandex in your own tools

Ownership

People

Financials

Who is behind it

Ownership

Owned companies

Dandex estimates

People

Current (1)

Founders (1)

Network

Roles over time

Network

Headcount

Financials

Annual reports

Financials

Changes

Signals (signaler)

Changes

Pro for this company

Registry facts

Share capital

Registry facts

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

History (historik)

Registrations (registreringer)

Registrations (registreringer)

Registration

Production units

Dandex in your own tools

Who is behind it

Owned companies

Dandex estimates

Current (1)

Founders (1)

Network

Owners and the control chain

Companies it owns

Its people and their other companies

Network

Roles over time

Financials

Annual reports

Changes

Signals (signaler)

Pro for this company

Registry facts

Share capital

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

Registrations (registreringer)

Production units

Network

Owners and the control chain

Companies it owns

Its people and their other companies