Andel A.M.B.A.

Cooperative society with limited liabilityCVR 68515211SvinningeActive

Andel A.M.B.A. is a cooperative society with limited liability, based in Svinninge, active in non-financial holding companies, founded in 1964. Measured by gross profit, it ranks no. 2 of 2,093 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 2.9bn. Operations are spread over 3 production units.

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Key figures · financial year 2025

RevenueDKK 103.9bn+24.4% vs. 2024
Net profit−DKK 2.9bn−147.3% vs. 2024
EquityDKK 29.5bn−8.5% vs. 2024
Employees28latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 3% (2024 → 2025), to DKK 5.6bn.
  • Revenue rose 24% (2024 → 2025), to DKK 103.9bn.
  • The loss grew: from DKK 1.2bn to DKK 2.9bn (2024 → 2025).
  • Equity fell 9% (2024 → 2025), to DKK 29.5bn.

Employees

  • 8 fewer employees than a year earlier: 28 (06/2026) against 36 (06/2025).

Management and owners, last 24 months

  • New in management: Maiken Bøgelund Bek (board member, 24/04/2025), Carsten Buhl Nielsen (board member, 29/04/2026) and Ulrik Theophil Jørgensen (deputy chair, 29/04/2026) (+7).
  • Stepped down: Svend Carlo Vedel Müller (board member, 29/04/2026), Anja Edelslund Birkebæk (board member, 23/04/2025) and Poul Dreyer (board member, 29/04/2026) (+7).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 10bnDKK 0DKK 10bnDKK 20bnDKK 30bnDKK 40bn202020212022202320242025
EquityNet profit
Financial figures for Andel A.M.B.A.
202020212022202320242025Change
Revenue7,745,42156,345,000369,118,000124,335,00083,544,000103,933,000+24.4%
Gross profit2,026,3433,408,00015,067,0004,865,0005,429,0005,603,000+3.2%
Operating profit (EBIT)−671,697−20,00010,858,000317,000526,000−702,000−233.5%
Profit before tax10,651,836−8,220,0006,392,000−5,237,000−1,097,000−3,129,000−185.2%
Net profit10,811,573−8,308,0004,037,000−5,290,000−1,167,000−2,886,000−147.3%
Total assets72,628,09198,078,000102,756,00078,352,00071,664,00072,851,000+1.7%
Equity44,487,04337,312,00041,476,00034,738,00032,286,00029,526,000−8.5%
Liabilities26,240,13658,829,00059,305,00041,833,00037,680,00041,729,000+10.7%
Cash and cash equivalents455,417868,0007,831,0008,182,0003,911,0003,387,000−13.4%
Average number of employees1,3031,9932,3712,6502,9653,102+4.6%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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

−DKK 2bnDKK 0DKK 2bnDKK 4bnDKK 6bnDKK 8bnDKK 10bnDKK 12bnDKK 14bnDKK 16bn202020212022202320242025
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

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
Annual reports for Andel A.M.B.A.
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202505/05/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202401/05/2025The groupPDFXBRL
202301/01/2023 – 31/12/202307/05/2024The groupPDFXBRL
202201/01/2022 – 31/12/202217/05/2023The groupPDFXBRL
202101/01/2021 – 31/12/202111/05/2022The groupPDFXBRL
202001/01/2020 – 31/12/202006/05/2021The groupPDFXBRL

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 CVR
02040608010012014016012/2202/2303/2305/2306/2309/2310/2312/2301/2402/2403/2404/2405/2406/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/26
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profitDKK 5.6bnNo. 2 of 2,093
Better than 100% of the companies in the industry
EquityDKK 29.5bnNo. 2 of 2,138
Better than 100% of the companies in the industry
Number of employees28No. 6 of 2,138
Better than 100% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bnHere
Distribution of gross profit for 820 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 3of 9,892
Better than 100%
No. 4of 9,922
Better than 100%
Same industry and 20–49 employees32 companies in the comparison
No. 2of 31
Better than 97%
No. 2of 32
Better than 97%
Companies that are at least 30 years old10,276 companies in the comparison
No. 14of 10,152
Better than 100%
No. 15of 10,275
Better than 100%
All companies of type ABA312 companies in the comparison
No. 3of 311
Better than 99%
No. 1of 312
Better than 100%

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

Non-financial holding companies
Gross profit
  1. Andel A.M.B.A.DKK 5.6bn
  2. Heartland A/SDKK 19.9bn
  3. Norlys a.m.b.a.DKK 5.3bn
Net profit
  1. Andel A.M.B.A.−DKK 2.9bn
  2. Heartland A/SDKK 4.9bn
  3. Norlys a.m.b.a.−DKK 1.5bn
Equity
  1. Andel A.M.B.A.DKK 29.5bn
  2. Heartland A/SDKK 39.2bn
  3. Norlys a.m.b.a.DKK 28.2bn
Employees
  1. Andel A.M.B.A.28
  2. Heartland A/S34
  3. Norlys a.m.b.a.494

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Andel A.M.B.A.
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

14 active registrations

Executive management

Executive management at Andel A.M.B.A.
NameRoleAppointed
Jesper HjulmandCEO24/04/2002

Board of directors

Board of directors at Andel A.M.B.A.
NameRoleAppointed
Niels Skovgaard NicolaisenBoard member24/04/2013
Helle Grace LundsgaardBoard member24/04/2013
Kjetil Engel KræmerBoard member25/04/2019
Flemming HardsnerBoard member25/04/2019
Trine Madsen EngelBoard member25/08/2020
Maiken Bøgelund BekBoard member24/04/2025
Carsten Buhl NielsenBoard member29/04/2026
Ulrik Theophil JørgensenDeputy chair29/04/2026
Christian Bigandt NielsenBoard member29/04/2026
Oluf Timo Dybdal JensenDeputy board member29/04/2026
Bitten Buhr MüllerDeputy board member29/04/2026
Lone Askjær HassChair of the board29/04/2026
Bart Gyldenløve RoetinkBoard member29/04/2026
Former management (86)
Former management at Andel A.M.B.A.
NameRoleAppointedResigned
Tage Christian JeppesenBoard member24/04/200228/04/2004
Peter Johannes HermannBoard member24/04/200225/08/2020
Henrik LawaetzDeputy board member24/04/200228/04/2004
Hans Ludvig ChristensenBoard member24/04/200229/04/2009
Steen RøgildsBoard member24/04/200229/04/2009
Niels Peter HansenBoard member24/04/200229/04/2009
Vagn JensenBoard member24/04/200227/02/2006
Hans FrandsenBoard member24/04/200227/02/2006
Poul Kejser KristiansenBoard member24/04/200223/04/2003
Arly JohannesenBoard member23/04/200322/04/2011
Jacob Christian TetzlaffBoard member28/04/200408/05/2017
Carsten Kjær JohansenDeputy board member28/04/200429/04/2009
Søren Steen SørensenDeputy board member28/04/200429/04/2009
Connie FladeBoard member30/06/200427/04/2021
Mogens BjerreBoard member30/06/200424/04/2013
Lars Jørgen Arnth NielsenBoard member01/01/200525/04/2017
Hans Haar RavnBoard member01/01/200525/04/2012
Torben Glar NielsenDirector01/01/200505/09/2007
Helmer Mogens JensenBoard member01/01/200520/04/2005
Per Leo Hurup FelbyBoard member01/01/200529/04/2009
Hartvig SværkeBoard member01/01/200529/04/2009
Gunner Mayland OlsenBoard member01/01/200527/02/2006
Niels Jacob TrueBoard member01/01/200527/02/2006
Preben Frithjof JensenBoard member01/01/200527/02/2006
Finn HansenBoard member01/01/200531/01/2009
Lars TherkildsenDirector01/01/200514/06/2005
Lars Bo PetersenBoard member01/01/200528/04/2022
Poul Arne NielsenChair of the board01/01/200509/05/2017
Knud Torben Vang-PedersenBoard member01/01/200514/06/2005
Sonja Lene JensenBoard member01/01/200528/02/2006
Jeanette Dorthe HartzDirector01/05/200501/10/2008
John VejløBoard member14/06/200527/02/2006
Ole Hillebrandt JensenDirector01/09/200501/10/2008
Bo Müller ChristensenDeputy board member27/04/200601/10/2008
Claus ChristensenDeputy board member27/04/200629/04/2009
Hans Ole DrostDeputy board member27/04/200629/04/2009
Nils Peter Koch BarylakDeputy board member27/04/200629/04/2009
Morten Sven Buur ChristensenBoard member27/04/200631/01/2009
René Kristian Tuekær AlbrechtsenDeputy board member27/04/200629/04/2009
Lene Annette JensenBoard member27/04/200625/04/2017
Steen Erland UrstadDeputy board member29/04/200922/04/2011
Anne-Grete RasmussenBoard member29/04/200925/08/2020
Alex Valeur NielsenBoard member29/04/200925/04/2017
Anders JensenBoard member29/04/200924/04/2019
Aage Steen RasmussenDeputy board member29/04/200901/07/2010
Svend Carlo Vedel MüllerBoard member22/04/201129/04/2026
Kim Bæver Friese-ChristiansenDeputy board member22/04/201124/04/2014
Peter SchiøtzDeputy board member22/04/201125/04/2012
Ebbe NielsenDeputy board member25/04/201224/04/2014
Ole RasmussenBoard member18/12/201224/04/2014
Jens StenbækDeputy chair18/12/201208/05/2017
Arne Erik HenriksenDeputy board member24/04/201324/04/2014
Bitten Buhr MüllerBoard member24/04/201326/04/2021
Ole Grove-RasmussenDeputy board member24/04/201324/04/2014
Daniel IrvoldDeputy board member24/04/201425/04/2018
Søren Skovbæk JensenDeputy board member24/04/201425/04/2017
Gina Pia ØbakkeBoard member24/04/201428/04/2022
Bart Gyldenløve RoetinkDeputy board member29/04/201524/04/2017
Hans Erling Lundmand JensenDeputy board member25/04/201725/04/2019
Bart Gyldenløve RoetinkBoard member25/04/201709/05/2021
Kirsten JuulBoard member09/05/201727/04/2023
Jacob Christian TetzlaffDeputy chair09/05/201709/05/2021
Jens StenbækChair of the board09/05/201730/04/2024
Jesper Lodskov JespersenBoard member09/05/201725/04/2019
Anne Pontoppidan ThyssenBoard member09/05/201727/04/2023
Morten HansenDeputy board member25/04/201925/08/2020
Anders JensenDeputy board member25/04/201925/08/2020
Klaus Kvist RasmussenDeputy board member25/08/202027/04/2021
Morten Westerbjerg AndersenDeputy board member25/08/202027/04/2021
Bitten Buhr MüllerDeputy board member27/04/202128/04/2022
Jeppe TrolleDeputy board member27/04/202128/04/2022
Jacob Christian TetzlaffBoard member10/05/202127/04/2023
Bart Gyldenløve RoetinkDeputy chair10/05/202107/05/2024
Søren Skovbæk JensenDeputy board member28/04/202227/04/2023
Anja Edelslund BirkebækBoard member28/04/202223/04/2025
Jens Ole Møller Vestergaard PedersenDeputy board member28/04/202227/04/2023
Ulrik Theophil JørgensenDeputy board member27/04/202329/04/2024
Poul DreyerBoard member27/04/202329/04/2026
Lone Askjær HassBoard member27/04/202307/05/2024
Gitte VestergaardDeputy board member27/04/202324/04/2025
Ulrik Theophil JørgensenBoard member30/04/202428/04/2026
Annette KjølbyDeputy board member30/04/202424/04/2025
Lone Askjær HassDeputy chair08/05/202428/04/2026
Bart Gyldenløve RoetinkChair of the board08/05/202428/04/2026
Joy MogensenDeputy board member24/04/202529/04/2026
Anja Edelslund BirkebækDeputy board member24/04/202529/04/2026

Signing rule: Virksomheden tegnes af bestyrelsens formand og næstformand i forening eller formanden eller næstformanden i forening med en direktør.

Address and production units

3 active production units

Hovedgaden 36
4520 Svinninge

Holbæk Municipality · Postcode 4520

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
Andel Holding A/SHovedgaden 36, 4520 Svinninge3511003170503
Andel Holding A/SEnergivej 33, 4690 Haslev1561003098221
Andel A.M.B.A.Hovedgaden 36, 4520 Svinninge21012801048

Purpose

Selskabets formål er at skabe værdi og være til gavn for andelshaverne ved at drive virksomhed inden for energi, fibernet og dermed beslægtede områder. Selskabet bidrager aktivt i den bæredygtige og digitale udvikling i regionen og det danske samfund.

The purpose is quoted from the register in Danish.

Changes year by year

123 registered events
202615 changesaccounts 1 · management 14
  • Annual report for 2025 published
  • Bart Gyldenløve Roetink appointed board member
  • Lone Askjær Hass appointed chair of the board
  • Bitten Buhr Müller appointed deputy board member
  • Oluf Timo Dybdal Jensen appointed deputy board member
  • Christian Bigandt Nielsen appointed board member
  • Ulrik Theophil Jørgensen appointed deputy chair
  • Carsten Buhl Nielsen appointed board member
  • Anja Edelslund Birkebæk stepped down as deputy board member
  • Joy Mogensen stepped down as deputy board member
  • Poul Dreyer stepped down as board member
  • Svend Carlo Vedel Müller stepped down as board member
  • Lone Askjær Hass stepped down as deputy chair
  • Bart Gyldenløve Roetink stepped down as chair of the board
  • Ulrik Theophil Jørgensen stepped down as board member
20257 changesaccounts 1 · management 6
  • Annual report for 2024 published
  • Anja Edelslund Birkebæk appointed deputy board member
  • Maiken Bøgelund Bek appointed board member
  • Joy Mogensen appointed deputy board member
  • Annette Kjølby stepped down as deputy board member
  • Gitte Vestergaard stepped down as deputy board member
  • Anja Edelslund Birkebæk stepped down as board member
20249 changesmanagement 8 · accounts 1
  • Lone Askjær Hass appointed deputy chair
  • Bart Gyldenløve Roetink appointed chair of the board
  • Lone Askjær Hass stepped down as board member
  • Bart Gyldenløve Roetink stepped down as deputy chair
  • Annual report for 2023 published
  • Annette Kjølby appointed deputy board member
  • Ulrik Theophil Jørgensen appointed board member
  • Jens Stenbæk stepped down as chair of the board
  • Ulrik Theophil Jørgensen stepped down as deputy board member
202310 changesaccounts 1 · management 9
  • Annual report for 2022 published
  • Gitte Vestergaard appointed deputy board member
  • Lone Askjær Hass appointed board member
  • Poul Dreyer appointed board member
  • Ulrik Theophil Jørgensen appointed deputy board member
  • Jens Ole Møller Vestergaard Pedersen stepped down as deputy board member
  • Søren Skovbæk Jensen stepped down as deputy board member
  • Jacob Christian Tetzlaff stepped down as board member
  • Anne Pontoppidan Thyssen stepped down as board member
  • Kirsten Juul stepped down as board member
20227 changesaccounts 1 · management 6
  • Annual report for 2021 published
  • Jens Ole Møller Vestergaard Pedersen appointed deputy board member
  • Søren Skovbæk Jensen appointed deputy board member
  • Anja Edelslund Birkebæk appointed board member
  • Bitten Buhr Müller stepped down as deputy board member
  • Jeppe Trolle stepped down as deputy board member
  • Gina Pia Øbakke stepped down as board member
202110 changesmanagement 9 · accounts 1
  • Jacob Christian Tetzlaff appointed board member
  • Bart Gyldenløve Roetink appointed deputy chair
  • Jacob Christian Tetzlaff stepped down as deputy chair
  • Bart Gyldenløve Roetink stepped down as board member
  • Annual report for 2020 published
  • Bitten Buhr Müller appointed deputy board member
  • Jeppe Trolle appointed deputy board member
  • Morten Westerbjerg Andersen stepped down as deputy board member
  • Klaus Kvist Rasmussen stepped down as deputy board member
  • Bitten Buhr Müller stepped down as board member
20207 changesname 1 · management 6
  • Name changed from SEAS-NVE A.M.B.A. to Andel A.M.B.A.
  • Morten Westerbjerg Andersen appointed deputy board member
  • Trine Madsen Engel appointed board member
  • Klaus Kvist Rasmussen appointed deputy board member
  • Morten Hansen stepped down as deputy board member
  • Anders Jensen stepped down as deputy board member
  • Anne-Grete Rasmussen stepped down as board member
20197 changesmanagement 7
  • Flemming Hardsner appointed board member
  • Morten Hansen appointed deputy board member
  • Anders Jensen appointed deputy board member
  • Kjetil Engel Kræmer appointed board member
  • Jesper Lodskov Jespersen stepped down as board member
  • Hans Erling Lundmand Jensen stepped down as deputy board member
  • Anders Jensen stepped down as board member
20182 changesaddress 1 · management 1
  • Moved to Hovedgaden 36, 4520 Svinninge
  • Daniel Irvold stepped down as deputy board member
201712 changesmanagement 12
  • Anne Pontoppidan Thyssen appointed board member
  • Jacob Christian Tetzlaff appointed deputy chair
  • Jens Stenbæk appointed chair of the board
  • Kirsten Juul appointed board member
  • Jesper Lodskov Jespersen appointed board member
  • Jens Stenbæk stepped down as deputy chair
  • Hans Erling Lundmand Jensen appointed deputy board member
  • Bart Gyldenløve Roetink appointed board member
  • Søren Skovbæk Jensen stepped down as deputy board member
  • Alex Valeur Nielsen stepped down as board member
  • Lene Annette Jensen stepped down as board member
  • Bart Gyldenløve Roetink stepped down as deputy board member
20151 changemanagement 1
  • Bart Gyldenløve Roetink appointed deputy board member
20149 changesmanagement 8 · industry 1
  • Søren Skovbæk Jensen appointed deputy board member
  • Daniel Irvold appointed deputy board member
  • Gina Pia Øbakke appointed board member
  • Arne Erik Henriksen stepped down as deputy board member
  • Ole Grove-Rasmussen stepped down as deputy board member
  • Ole Rasmussen stepped down as board member
  • Ebbe Nielsen stepped down as deputy board member
  • Kim Bæver Friese-Christiansen stepped down as deputy board member
  • Industry changed to Ikke-finansielle holdingselskaber (642020)
20135 changesmanagement 5
  • Helle Grace Lundsgaard appointed board member
  • Niels Skovgaard Nicolaisen appointed board member
  • Bitten Buhr Müller appointed board member
  • Arne Erik Henriksen appointed deputy board member
  • Ole Grove-Rasmussen appointed deputy board member
20124 changesmanagement 4
  • Ole Rasmussen appointed board member
  • Jens Stenbæk appointed deputy chair
  • Ebbe Nielsen appointed deputy board member
  • Peter Schiøtz stepped down as deputy board member
20114 changesmanagement 4
  • Peter Schiøtz appointed deputy board member
  • Kim Bæver Friese-Christiansen appointed deputy board member
  • Svend Carlo Vedel Müller appointed board member
  • Steen Erland Urstad stepped down as deputy board member
20101 changemanagement 1
  • Aage Steen Rasmussen stepped down as deputy board member
20095 changesmanagement 5
  • Anne-Grete Rasmussen appointed board member
  • Anders Jensen appointed board member
  • Steen Erland Urstad appointed deputy board member
  • Alex Valeur Nielsen appointed board member
  • Aage Steen Rasmussen appointed deputy board member
20081 changeindustry 1
  • Industry changed to Transmission of electricity (351300)
20072 changesindustry 1 · address 1
  • Industry changed to Distribution af og handel med elektricitet (401300)
  • Moved to Hovedgaden 36, 4520 Svinninge
20061 changemanagement 1
  • Lene Annette Jensen appointed board member
20051 changename 1
  • Name changed from NVE AMBA to SEAS-NVE A.M.B.A.
20031 changeindustry 1
  • Industry changed to Produktion af elektricitet (401100)
20021 changename 1
  • Name changed from NORDVESTSJÆLLANDS ENERGIFORSYNING A M B A NVE to NVE AMBA
19641 changefounded 1
  • Registered as NORDVESTSJÆLLANDS ENERGIFORSYNING A M B A NVE

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Same people in management

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.

View in CVRReport a correction