Assens Fjernvarme Distribution A/S

Public limited companyCVR 40517898AssensActive

Assens Fjernvarme Distribution A/S is a public limited company, based in Assens, active in steam and air conditioning supply (district heating), founded in 2019. The company went from a profit in 2024 to a loss of DKK 2.8m in 2025. Measured by gross profit, it ranks no. 10 of 26 companies in the industry in the database. Equity fell to DKK 12.4m in 2025.

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Key figures · financial year 2025

RevenueDKK 65.6m+23.7% vs. 2024
Net profit−DKK 2.8m−863.6% vs. 2024
EquityDKK 12.4m−18.3% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 26% (2024 → 2025), to DKK 19.1m.
  • Revenue rose 24% (2024 → 2025), to DKK 65.6m.
  • Net profit went from a profit of DKK 363k to a loss of DKK 2.8m (2024 → 2025).
  • Equity fell 18% (2024 → 2025), to DKK 12.4m.

Management and owners, last 24 months

  • New in management: Peter Poulsen (board member, 24/03/2025).
  • Stepped down: Mikkel Holmgaard (board member, 24/03/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Steam and air conditioning supply (district heating) (353000)

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 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16m202020212022202320242025
EquityNet profit
Financial figures for Assens Fjernvarme Distribution A/S
202020212022202320242025Change
Revenue39,96539,51324,92827,03053,06565,628+23.7%
Gross profit12,18911,66113,70013,54215,14019,051+25.8%
Operating profit (EBIT)1,2141,0631,3809804,2142,556−39.4%
Profit before tax1200334131488−3,542−826.4%
Net profit93−327489363−2,770−863.6%
Total assets93,94588,611100,174230,807391,944558,187+42.4%
Equity16,50914,40014,67414,76315,12512,356−18.3%
Liabilities58,95258,56369,913203,121373,189545,832+46.3%
Cash and cash equivalents22301139,803+75,540.9%
Average number of employees000000–

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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18mDKK 20m202020212022202320242025
Gross profitMedian, the industry (26 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Low equity ratio

    Equity makes up 2% of total assets in 2025.

    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
Annual reports for Assens Fjernvarme Distribution A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/03/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202306/05/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202228/03/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202106/04/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202026/03/2021The companyPDF not statedXBRL

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
0123412/1903/2006/2009/2012/2003/2106/2109/2112/2103/2206/2209/2212/2203/2306/2309/2312/2303/2406/2409/2412/2403/2506/2509/2512/2503/2606/26
Employees

Position in the industry

26 companies in the database

Comparison with the other companies in steam and air conditioning supply (district heating) based on the latest financial year.

Gross profitDKK 19.1mNo. 10 of 26
Better than 64% of the companies in the industry
EquityDKK 12.4mNo. 9 of 26
Better than 68% of the companies in the industry
Number of employees4No. 21 of 26
Better than 20% of the companies in the industry

Industry median: gross profit DKK 12.7m, net profit DKK 0, equity DKK 2.9m, 10 employees.

DKK 311kDKK 1.5mDKK 7.4mDKK 35.9mDKK 103.1mHere
Distribution of gross profit for 26 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 fewer than 20 employees69,967 companies in the comparison
No. 1,643of 69,742
Better than 98%
No. 7,889of 69,964
Better than 89%
Same industry and fewer than 20 employees19 companies in the comparison
No. 4of 19
Better than 83%
No. 5of 19
Better than 78%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 2,161of 33,588
Better than 94%
No. 3,237of 33,687
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 6,165of 17,786
Better than 65%
No. 7,921of 18,024
Better than 56%

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

Steam and air conditioning supply (district heating)
Gross profit
  1. Assens Fjernvarme Distribution A/SDKK 19.1m
  2. Kredsløb A/SDKK 174.6m
  3. Fjernvarme Horsens A/SDKK 137.9m
Net profit
  1. Assens Fjernvarme Distribution A/S−DKK 2.8m
  2. Kredsløb A/SDKK 0
  3. Fjernvarme Horsens A/SDKK 2.5m
Equity
  1. Assens Fjernvarme Distribution A/SDKK 12.4m
  2. Kredsløb A/SDKK 412k
  3. Fjernvarme Horsens A/SDKK 14.2m
Employees
  1. Assens Fjernvarme Distribution A/S4
  2. Kredsløb A/S570
  3. Fjernvarme Horsens A/S57

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

Owners and group

from the Public Ownership Register
Assens Fjernvarme Distribution A/S

Management

5 active registrations

Executive management

Executive management at Assens Fjernvarme Distribution A/S
NameRoleAppointed
Marc Roar HintzeDirector09/05/2019

Board of directors

Board of directors at Assens Fjernvarme Distribution A/S
NameRoleAppointed
John PedersenDeputy chair09/05/2019
Albert RasmussenBoard member09/05/2019
Bjarne Møller ChristensenChair of the board09/05/2019
Peter PoulsenBoard member24/03/2025
Founders
Assens Fjernvarme A M B A
Former management (1)
Former management at Assens Fjernvarme Distribution A/S
NameRoleAppointedResigned
Mikkel HolmgaardBoard member25/03/202124/03/2025

Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med en direktør, af to bestyrelsesmedlemmer i forening med en direktør eller af tre bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Stejlebjergvej 4
5610 Assens

Assens Municipality · Postcode 5610

Other companies at the address (4)

Production units
Production unitAddressEmployeesP number
Assens Fjernvarme Distribution A/SStejlebjergvej 4, 5610 Assens41024700972

Purpose

Selskabets formål er at distribuere og afsætte energi samt at varetage efter bestyrelsens opfattelse dermed beslægtede opgaver, som Selskabet lovligt kan varetage. Selskabet kan udøve sin virksomhed gennem selskaber, der er helt eller delvist ejede af selskabet. Ejerskabet kan være indirekte. Selskabet kan udøve sin virksomhed alene eller i samarbejde med andre. Selskabet kan herunder samarbejde med andre forsyningsvirksomheder om varetagelse af tekniske, administrative og andre opgaver. Selskabets forsyningsområde fastsættes til enhver tid af selskabets bestyrelse under hensyntagen til såvel den til enhver tid gældende lovgivning som til såvel tekniske som økonomiske forhold. Selskabet kan drive sideordnet aktivitet. Aktiviteterne skal alle have til formål at fremme selskabets drift, økonomi, forsyningssikkerhed eller økonomiske udvikling.

The purpose is quoted from the register in Danish.

Changes year by year

16 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20254 changesaccounts 1 · management 2 · industry 1
  • Annual report for 2024 published
  • Peter Poulsen appointed board member
  • Mikkel Holmgaard stepped down as board member
  • Industry changed to Steam and air conditioning supply (district heating) (353000)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesaccounts 1 · management 1
  • Annual report for 2020 published
  • Mikkel Holmgaard appointed board member
20196 changesfounded 1 · management 4 · ownership 1
  • Registered as Assens Fjernvarme Distribution A/S
  • John Pedersen appointed deputy chair
  • Albert Rasmussen appointed board member
  • Marc Roar Hintze appointed director
  • Bjarne Møller Christensen appointed chair of the board
  • Assens Fjernvarme Holding A/S registered as owner (100%)

Related companies

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