APJ EL ANLÆG A/S Due Diligence

Run due diligence on APJ EL ANLÆG A/S: check compliance and get alerts when suppliers or ownership change.

Denmark · owned by InstallatørGruppen A/S (Denmark) · apjel.dk · 7 vendors

APJ EL ANLÆG A/S is an authorized electrical installation company based in Søborg (Copenhagen), Denmark, offering a full range of electrical services including standard electrical installations, intelligent building systems, security solutions, and communications installations. The company serves commercial, public sector, and industrial clients across Denmark, and has approximately 48 employees. It is a member of the national installer organization TEKNIQ and is affiliated with the Danish Electrical Complaints Board and the Guarantee Scheme.

Resilience scores

Technology vendors

Services catalogue

1 service in catalogue across 1 category; runs on 7 sub-vendors.

Insights

Last updated 2026-10-15 · revision 2

7 direct vendors, 134 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 4/10

Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.

APJ EL ANLÆG A/S demonstrates low to medium migration readiness. The most significant impediment is the explicitly stated 'Medium' vendor lock-in risk, which will likely make it challenging and potentially costly to transition away from current service providers or migrate existing services. The company's internal tech stack, centered around 'Group Online (website CMS and hosting platform)', suggests a traditional, potentially monolithic architecture rather than a cloud-native, containerized, or microservices-based environment. This could increase the complexity and effort required for migration. Furthermore, as an EU-based company, GDPR compliance adds a layer of complexity to data handling and transfer during any migration process. The lack of data regarding financial stability (revenue concentration, growth history) prevents an assessment of the company's capacity to fund a substantial migration project. While the total number of vendors (6) is moderate, the vendor lock-in risk outweighs any potential benefit from this number. The absence of specified strict data residency requirements (beyond general GDPR principles) is a neutral factor.

Compliance

11 in-scope frameworks identified; showing 3.

NIS2 (source) — No public evidence

With around 48-59 employees and a 2022 turnover of DKK 37.8 million (approx. €5 million), the company meets the size criteria for an 'Important' entity under NIS2 if it operates in a covered sector. Electrical equipment manufacturing is a covered sector.

Danish Working Environment Act — Evidence found

As an employer with approximately 48-59 employees in Denmark, the company is subject to the Danish Working Environment Act (Arbejdsmiljøloven).

Evidence: https://apjel.dk/job.aspx, https://apjel.dk/industri/sikringsloesninger.aspx, https://apjel.dk/om-apjel/garantiordning.aspx, https://www.krak.dk/apj+el-anl%C3%A6g+a%252fs+s%C3%B8borg/67204855/firma, https://apjel.dk/erhverv/almindelige-el-installationer.aspx

Construction Products Regulation — No public evidence

The company installs electrical systems in construction projects, which involves using products like cables that are subject to the CPR. The regulation places obligations on installers to use compliant products.

Financials

Three-year financials

Financial Resilience Score: 7/10

APJ EL ANLÆG A/S demonstrates solid financial resilience, with net profit having grown every year since FY20/21, rising from DKK 2.17M to DKK 9.21M in the latest 18-month fiscal period. EBIT margins on gross profit improved from ~22% to ~24%, and return on assets reached 32.8% in the latest period, categorized as 'very good' by Proff. The company maintains a healthy solvency ratio of 45.7% and comfortable liquidity of 214.3%, though both have declined from the prior year. The company benefits from being part of InstallatørGruppen Danmark ApS, a well-capitalized private equity-backed platform (FSN Capital) with DKK 998.9M in equity and a DKK 2.27B balance sheet. This provides significant financial backing and strategic support. However, equity in absolute terms (DKK 12.9M) is modest relative to the workforce of ~59 and balance sheet of DKK 28.1M, and revenue is not publicly disclosed, limiting full visibility into operating leverage. Key risks include cyclical exposure to Danish construction and public-sector capex, integration risk under the aggressive PE roll-up strategy (42 acquisitions by mid-2026), potential debt push-downs, and governance changes already observed in 2025. The declining liquidity trend, while still comfortable, warrants monitoring.

Key strengths: Consistent profit growth (4x over four years), Strong return on assets of 32.8% (rated 'very good'), Solid solvency ratio of 45.7%, Backed by well-capitalized PE-owned parent (InstallatørGruppen, DKK 998.9M equity), Long trading history since 2002, Improving EBIT margins (~22% to ~24% of gross profit), Active hiring and workforce expansion (36 to 59 employees), Diversified end markets (residential, industry, public, hospitals)

Risk factors: Modest absolute equity (DKK 12.9M) relative to workforce size, Liquidity declining from 292.3% to 214.3%, Revenue not disclosed, limiting transparency, Cyclical exposure to Danish construction sector, PE ownership integration risk (buy-and-build with 42 acquisitions), Potential debt push-downs and intercompany charges from PE parent, Recent governance changes (board composition, signing rules updated in 2025), Geographic concentration in Greater Copenhagen only

Revenue by geography

Workforce by country

Signed-in users can see whether their own company is exposed to this vendor's disruption, plus the full sub-vendor list and country breakdowns, every in-scope compliance framework plus gaps and next steps, and alerts when any of it changes.

View the full interactive report