A/S Global Risk Management Ltd.
Public limited companyCVR 79332216MiddelfartActive
A/S Global Risk Management Ltd. is a public limited company, based in Middelfart, active in wholesale of solid, liquid and gaseous fuels and related products, founded in 1985. After a loss in 2025, the company made a profit of DKK 1.8m in 2026. Operations are spread over 3 production units in 3 towns. With 70 employees, the company is about 12 times larger than the industry median.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- Gross profit fell 46% (2025 → 2026), to DKK 4.4m.
- Revenue rose 114% (2025 → 2026), to DKK 597.3m.
- Net profit went from a loss of DKK 3.3m to a profit of DKK 1.8m (2025 → 2026).
- Equity rose 24% (2025 → 2026), to DKK 7.7m.
Employees
- 14 fewer employees than a year earlier: 70 (07/2026) against 84 (07/2025).
Management and owners, last 24 months
- New in management: Martin Vorgod (ceo, 01/12/2024), Peder Demant Møller (board member, 01/09/2026) and Martin Vorgod (board member, 01/09/2026).
- Stepped down: Michael Krabbe (board member, 01/09/2026), Peder Demant Møller (ceo, 01/12/2024) and Jacob Nørgaard (director, 01/09/2026) (+4).
Registrations, last 24 months
- 01/09/2026: Name changed from A/S GLOBAL RISK MANAGEMENT LTD. HOLDING to A/S GLOBAL RISK MANAGEMENT LTD.
- 01/06/2026: Moved to Turbinevej 1F, 2, 5500 Middelfart
- 28/04/2025: Merger registered in CVR
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2021–2026 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 33,904 | 74,881 | 231,937 | 279,151 | 279,289 | 597,334 | +113.9% |
| Gross profit | 412 | 8,266 | 16,504 | 24,027 | 8,132 | 4,405 | −45.8% |
| Operating profit (EBIT) | −15,443 | 449 | 7,149 | 15,414 | 3,775 | 7,947 | +110.5% |
| Profit before tax | −17,021 | −7,351 | 6,867 | 11,705 | −3,571 | 3,347 | +193.7% |
| Net profit | −13,384 | −7,415 | 5,798 | 8,794 | −3,310 | 1,810 | +154.7% |
| Total assets | 78,947 | 200,477 | 84,891 | 132,936 | 91,008 | 173,845 | +91% |
| Equity | 4,163 | 3,448 | 9,246 | 17,984 | 6,251 | 7,724 | +23.6% |
| Liabilities | 73,991 | 196,479 | 75,358 | 114,850 | 84,683 | 166,121 | +96.2% |
| Cash and cash equivalents | 151 | 534 | 872 | 282 | 527 | 369 | −30% |
| Average number of employees | 18 | 18 | 21 | 32 | 38 | 37 | −2.6% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2026 figuresLow equity ratio
Equity makes up 4% of total assets in 2026.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2026 | 01/05/2025 – 30/04/2026 | 02/07/2026 | The company | PDF not statedXBRL |
| 2025 | 01/05/2024 – 30/04/2025 | 22/07/2025 | The company | PDF not statedXBRL |
| 2024 | 01/05/2023 – 30/04/2024 | 19/07/2024 | The company | PDFXBRL |
| 2023 | 01/05/2022 – 30/04/2023 | 30/06/2023 | The company | PDFXBRL |
| 2022 | 01/05/2021 – 30/04/2022 | 01/07/2022 | The company | PDFXBRL |
| 2021 | 01/05/2020 – 30/04/2021 | 12/07/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
102 companies in the databaseComparison with the other companies in wholesale of solid, liquid and gaseous fuels and related products based on the latest financial year.
Industry median: gross profit DKK 5.1m, net profit DKK 599k, equity DKK 3.5m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 4,175of 4,412 Better than 5% | No. 3,055of 4,466 Better than 32% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 5,899of 10,152 Better than 42% | No. 5,310of 10,275 Better than 48% |
| All companies of type A/S18,025 companies in the comparison | No. 12,449of 17,786 Better than 30% | No. 9,785of 18,024 Better than 46% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Wholesale of solid, liquid and gaseous fuels and related products- A/S Global Risk Management Ltd.DKK 4.4m
- Ok A.m.b.a.DKK 2.5bn
- Uno-X Mobility Danmark A/SDKK 427.8m
- A/S Global Risk Management Ltd.DKK 1.8m
- Ok A.m.b.a.DKK 870.9m
- Uno-X Mobility Danmark A/SDKK 141.8m
- A/S Global Risk Management Ltd.DKK 7.7m
- Ok A.m.b.a.DKK 7bn
- Uno-X Mobility Danmark A/SDKK 1bn
- A/S Global Risk Management Ltd.70
- Ok A.m.b.a.1,172
- Uno-X Mobility Danmark A/S117
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Vorgod | CEO | 01/12/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kenneth Steengaard | Chair of the board | 04/07/2023 |
| Peder Demant Møller | Board member | 01/09/2026 |
| Martin Vorgod | Board member | 01/09/2026 |
Former management (39)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jens Storm | Director | 26/03/1985 | 14/02/1990 |
| Frits Storm | Director | 26/03/1985 | 18/11/1987 |
| Niels Brøchner-Mortensen | Board member | 02/05/1995 | 30/04/2004 |
| Torben Østergaard Nielsen | Director | 02/05/1995 | 30/04/2004 |
| Nis Lauritz Juhl | Board member | 16/07/1996 | 30/04/2004 |
| Preben Hansen | Board member | 20/09/2000 | 01/07/2010 |
| Jan Egtved Knudsen | Director | 30/04/2004 | 01/01/2009 |
| Torben Nordal Clausen | Board member | 30/04/2004 | 12/05/2010 |
| Eric Frydenlund Michelsen | Board member | 31/05/2006 | 10/10/2012 |
| Torben Nordal Clausen | CEO | 01/01/2009 | 12/05/2010 |
| Peter Schaumburg-Müller | Board member | 01/07/2010 | 10/10/2012 |
| Lars Bæk | Board member | 01/07/2010 | 03/07/2012 |
| Torben Janholt | Board member | 01/07/2010 | 12/06/2014 |
| Nina Østergaard | Board member | 01/07/2010 | 30/06/2011 |
| Hans Erik Hjulmand Christensen | CEO | 01/08/2010 | 15/05/2020 |
| Michael Keldsen | Chair of the board | 01/08/2010 | 12/06/2014 |
| Torben Østergaard Nielsen | Board member | 01/08/2010 | 12/06/2014 |
| Keld Rosenbæk Demant | Director | 01/08/2010 | 12/06/2014 |
| Klaus Nyborg | Deputy chair | 10/10/2012 | 12/06/2014 |
| Per Damborg Skovhus | Board member | 10/10/2012 | 30/08/2013 |
| Peter Frederiksen | Board member | 10/10/2012 | 12/06/2014 |
| Hans Erik Hjulmand Christensen | Board member | 12/06/2014 | 15/05/2020 |
| Jesper Klokker Hansen | Board member | 12/06/2014 | 07/01/2019 |
| Keld Rosenbæk Demant | Chair of the board | 19/02/2015 | 31/10/2022 |
| Michael Krabbe | Board member | 07/01/2019 | 01/09/2026 |
| Niels Hyldegaard Kristensen | Director | 01/07/2019 | 01/01/2021 |
| Peder Demant Møller | Board member | 15/05/2020 | 31/10/2022 |
| Peder Demant Møller | CEO | 15/05/2020 | 01/12/2024 |
| Kevin Joseph O'Reilly | Director | 01/08/2020 | 27/09/2021 |
| Jacob Nørgaard | Director | 07/04/2021 | 01/09/2026 |
| Martin Vorgod | Director | 01/03/2022 | 30/11/2024 |
| Keld Rosenbæk Demant | Chair of the board | 01/11/2022 | 04/07/2023 |
| Peder Demant Møller | Board member | 01/11/2022 | 04/07/2023 |
| Kenneth Steengaard | Chair of the board | 01/11/2022 | 01/11/2022 |
| Tine Lundegaard | Board member | 01/11/2022 | 01/11/2022 |
| Ata Maria Bærentsen | Board member | 01/11/2022 | 01/11/2022 |
| Nina Østergaard | Board member | 04/07/2023 | 01/09/2026 |
| Tine Lundegaard | Board member | 04/07/2023 | 01/09/2026 |
| Ata Maria Bærentsen | Board member | 04/07/2023 | 01/09/2026 |
Signing rule: Selskabet tegnes af en direktør og et andet medlem af bestyrelsen i forening, eller af to bestyrelsesmedlemmer i forening.
Address and production units
3 active production unitsTurbinevej 1F
5500 Middelfart
| Production unit | Address | Employees | P number |
|---|---|---|---|
| A/S GLOBAL RISK MANAGEMENT LTD. | Turbinevej 1F, 2, 5500 Middelfart | 45 | 1002578596 |
| A/S GLOBAL RISK MANAGEMENT LTD. HOLDING | Tuborg Havnevej 15, 5, 2900 Hellerup | 14 | 1020085424 |
| A/S Global Risk Management Ltd. Holding | Balticagade 10B, 2. tv, 8000 Aarhus C | 10 | 1024883783 |
Purpose
Selskabets formål er gennem handel med energi, råvarer og øvrige energirelaterede produkter dels at støtte selskabets kunders forretninger, dels at drive egen forretning, herunder ved handel relateret til finansielle derivater, kvoter samt anden virksomhed, som naturligt står i forbindelse hermed, enten direkte eller gennem ejerskab af kapitalandele i andre selskaber.
The purpose is quoted from the register in Danish.
Changes year by year
103 registered events202610 changesname 1 · management 7 · accounts 1 · address 1
- NameName changed from A/S GLOBAL RISK MANAGEMENT LTD. HOLDING to A/S GLOBAL RISK MANAGEMENT LTD.
- ManagementPeder Demant Møller appointed board member
- ManagementMartin Vorgod appointed board member
- ManagementNina Østergaard stepped down as board member
- ManagementAta Maria Bærentsen stepped down as board member
- ManagementTine Lundegaard stepped down as board member
- ManagementJacob Nørgaard stepped down as director
- ManagementMichael Krabbe stepped down as board member
- AccountsAnnual report for 2026 published
- AddressMoved to Turbinevej 1F, 2, 5500 Middelfart
20252 changesaccounts 1 · merger 1
- AccountsAnnual report for 2025 published
- MergerMerger registered in CVR
20244 changesmanagement 3 · accounts 1
- ManagementMartin Vorgod appointed ceo
- ManagementPeder Demant Møller stepped down as ceo
- ManagementMartin Vorgod stepped down as director
- AccountsAnnual report for 2024 published
20237 changesmanagement 6 · accounts 1
- ManagementNina Østergaard appointed board member
- ManagementKenneth Steengaard appointed chair of the board
- ManagementAta Maria Bærentsen appointed board member
- ManagementTine Lundegaard appointed board member
- ManagementKeld Rosenbæk Demant stepped down as chair of the board
- ManagementPeder Demant Møller stepped down as board member
- AccountsAnnual report for 2023 published
202212 changesmanagement 11 · accounts 1
- ManagementKeld Rosenbæk Demant appointed chair of the board
- ManagementAta Maria Bærentsen appointed board member
- ManagementAta Maria Bærentsen stepped down as board member
- ManagementTine Lundegaard appointed board member
- ManagementTine Lundegaard stepped down as board member
- ManagementKenneth Steengaard appointed chair of the board
- ManagementKenneth Steengaard stepped down as chair of the board
- ManagementPeder Demant Møller appointed board member
- ManagementPeder Demant Møller stepped down as board member
- ManagementKeld Rosenbæk Demant stepped down as chair of the board
- AccountsAnnual report for 2022 published
- ManagementMartin Vorgod appointed director
20214 changesmanagement 3 · accounts 1
- ManagementKevin Joseph O'Reilly stepped down as director
- AccountsAnnual report for 2021 published
- ManagementJacob Nørgaard appointed director
- ManagementNiels Hyldegaard Kristensen stepped down as director
20205 changesmanagement 5
- ManagementKevin Joseph O'Reilly appointed director
- ManagementPeder Demant Møller appointed board member
- ManagementPeder Demant Møller appointed ceo
- ManagementHans Erik Hjulmand Christensen stepped down as board member
- ManagementHans Erik Hjulmand Christensen stepped down as ceo
20193 changesmanagement 3
- ManagementNiels Hyldegaard Kristensen appointed director
- ManagementMichael Krabbe appointed board member
- ManagementJesper Klokker Hansen stepped down as board member
20172 changesname 1 · capital 1
- NameName changed from A/S GLOBAL RISK MANAGEMENT LTD. to A/S GLOBAL RISK MANAGEMENT LTD. HOLDING
- CapitalShare capital changed from 5,000,000 DKK to 30,797,400 DKK
20151 changemanagement 1
- ManagementKeld Rosenbæk Demant appointed chair of the board
20148 changesmanagement 8
- ManagementHans Erik Hjulmand Christensen appointed board member
- ManagementJesper Klokker Hansen appointed board member
- ManagementKlaus Nyborg stepped down as deputy chair
- ManagementPeter Frederiksen stepped down as board member
- ManagementMichael Keldsen stepped down as chair of the board
- ManagementKeld Rosenbæk Demant stepped down as director
- ManagementTorben Østergaard Nielsen stepped down as board member
- ManagementTorben Janholt stepped down as board member
20131 changemanagement 1
- ManagementPer Damborg Skovhus stepped down as board member
20127 changesmanagement 6 · address 1
- ManagementKlaus Nyborg appointed deputy chair
- ManagementPeter Frederiksen appointed board member
- ManagementPer Damborg Skovhus appointed board member
- ManagementPeter Schaumburg-Müller stepped down as board member
- ManagementEric Frydenlund Michelsen stepped down as board member
- ManagementLars Bæk stepped down as board member
- AddressMoved to Strandvejen 7, 5500 Middelfart
20111 changemanagement 1
- ManagementNina Østergaard stepped down as board member
201013 changesmanagement 11 · ownership 1 · capital 1
- ManagementMichael Keldsen appointed chair of the board
- ManagementKeld Rosenbæk Demant appointed director
- ManagementHans Erik Hjulmand Christensen appointed ceo
- ManagementTorben Østergaard Nielsen appointed board member
- ManagementLars Bæk appointed board member
- ManagementNina Østergaard appointed board member
- ManagementTorben Janholt appointed board member
- ManagementPeter Schaumburg-Müller appointed board member
- ManagementPreben Hansen stepped down as board member
- ManagementTorben Nordal Clausen stepped down as ceo
- ManagementTorben Nordal Clausen stepped down as board member
- OwnershipBUNKER HOLDING A/S registered as owner (100%)
- CapitalShare capital changed from 4,000,000 DKK to 5,000,000 DKK
20092 changesmanagement 2
- ManagementTorben Nordal Clausen appointed ceo
- ManagementJan Egtved Knudsen stepped down as director
20082 changesaddress 1 · industry 1
- AddressMoved to Strandvejen 5, 5500 Middelfart
- IndustryIndustry changed to Wholesale of motor vehicles (467100)
20061 changemanagement 1
- ManagementEric Frydenlund Michelsen appointed board member
20047 changesname 1 · capital 1 · management 5
- NameName changed from A/S UNI-OIL TRADING CO. LTD. to A/S GLOBAL RISK MANAGEMENT LTD.
- CapitalShare capital changed from 1,000,000 DKK to 4,000,000 DKK
- ManagementJan Egtved Knudsen appointed director
- ManagementTorben Nordal Clausen appointed board member
- ManagementNis Lauritz Juhl stepped down as board member
- ManagementNiels Brøchner-Mortensen stepped down as board member
- ManagementTorben Østergaard Nielsen stepped down as director
20001 changemanagement 1
- ManagementPreben Hansen appointed board member
19961 changemanagement 1
- ManagementNis Lauritz Juhl appointed board member
19954 changesname 1 · capital 1 · management 2
- NameName changed from MIDDELFART KRANUDLEJNING ApS to A/S UNI-OIL TRADING CO. LTD.
- CapitalShare capital changed from 100,000 DKK to 1,000,000 DKK
- ManagementNiels Brøchner-Mortensen appointed board member
- ManagementTorben Østergaard Nielsen appointed director
19901 changemanagement 1
- ManagementJens Storm stepped down as director
19871 changemanagement 1
- ManagementFrits Storm stepped down as director
19853 changesfounded 1 · management 2
- FoundedRegistered as MIDDELFART KRANUDLEJNING ApS
- ManagementFrits Storm appointed director
- ManagementJens Storm appointed director
Related companies
Same industry in Middelfart
- Fueling Maritime (Europe) A/S34 employees
- Bio Recycling ApS9 employees
Same people in management
- Danske Bank A/Svia Per Damborg Skovhus
- Jyske Bank A/Svia Per Damborg Skovhus
- DFDS A/Svia Klaus Nyborg
- Securitas A/Svia Michael Keldsen
- Sund & Bælt Holding A/Svia Peter Frederiksen
- Danske Commodities A/Svia Per Damborg Skovhus
Largest in the industry
- Ok A.m.b.a.DKK 2.5bn
- Uno-X Mobility Danmark A/SDKK 427.8m
- Kosan Gas A/SDKK 212.4m
- Bigadan Sourcing & Commodities ApSDKK 185.7m
- Bio Recycling ApSDKK 133.3m
- Go'on Gruppen A/SDKK 130m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.