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Better Energy Holding A/S

Public limited companyCVR 31865883Frederiksberg CActive

Better Energy Holding A/S is a public limited company, based in Frederiksberg C, active in non-financial holding companies, founded in 2014. Equity was negative at the end of 2025 (−DKK 1.8bn). The company made a loss in both 2024 and 2025, most recently DKK 528.3m. Gross profit is higher than that of 91% of the companies in the industry in the database.

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Key figures · financial year 2025

RevenueDKK 100.4m+28.7% vs. 2024
Net profit−DKK 528.3m+80.1% vs. 2024
Equity−DKK 1.8bn−33.1% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue rose 29% (2024 → 2025), to DKK 100.4m.
  • The loss got smaller: from DKK 2.6bn to DKK 528.3m (2024 → 2025).

Management and owners, last 24 months

  • New in management: Peter Degnboel Thostrup (chair of the board, 17/11/2025), Yann Henri Georges Blandy (board member, 17/11/2025) and Kjell Anders Thelin (board member, 17/11/2025).
  • Stepped down: Michael Vater (board member, 17/11/2025), Mikkel Dau Jacobsen (board member, 17/11/2025) and Christian Madsen Motzfeldt (chair of the board, 17/11/2025) (+5).
  • New owners registered: Selskabet af 12. november 2025 ApS (12/11/2025).
  • No longer registered as owner: Mikkel Dau Holding ApS (12/11/2025), Arbejdsmarkedets Tillægspension (12/11/2025) and MiVat Holding ApS (12/11/2025) (+3).

Registrations, last 24 months

  • 12/11/2025: Share capital changed from 708,244 DKK to 400,000 DKK
  • 12/11/2025: Status changed to active
  • 20/03/2025: Moved to Gammel Kongevej 60, 1850 Frederiksberg C
  • 19/12/2024: Status changed to under reconstruction

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 3bn−DKK 2.5bn−DKK 2bn−DKK 1.5bn−DKK 1bn−DKK 500mDKK 0DKK 500mDKK 1bn202020212022202320242025
EquityNet profit
Financial figures for Better Energy Holding A/S
202020212022202320242025Change
Revenue1,066,0531,550,5402,864,1712,501,11078,037100,402+28.7%
Gross profit200,575212,062513,6731,008,893−218,34223,568+110.8%
Operating profit (EBIT)149,229157,448406,090692,790−846,057−227,293+73.1%
Profit before tax31,71540,073156,301178,935−2,037,521−526,994+74.1%
Net profit19,69432,495123,479132,287−2,649,506−528,333+80.1%
Total assets884,0631,898,4752,943,5314,550,1472,946,4672,538,920−13.8%
Equity381,865378,5321,047,0421,242,569−1,364,501−1,816,792−33.1%
Liabilities498,8841,516,8581,893,3883,307,5783,811,6953,952,288+3.7%
Cash and cash equivalents302,275612,2441,081,327532,16281,046111,068+37%
Average number of employees74–186–50170−86%

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 400m−DKK 200mDKK 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bn202020212022202320242025
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 1.8bn at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

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

  • Fewer employees

    The number of employees fell 86% from 501 in 2024 to 70 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 Better Energy Holding A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202413/01/2026The groupPDF not statedXBRL
202301/01/2023 – 31/12/202324/04/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202227/04/2023The groupPDFXBRL
202101/01/2021 – 31/12/202128/04/2022The groupPDFXBRL
202001/01/2020 – 31/12/202026/04/2021The 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
024681010/2211/2212/2201/2302/2303/2304/2305/2306/2307/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2507/2511/2512/2503/2606/26
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 23.6mNo. 199 of 2,093
Better than 91% of the companies in the industry
Equity−DKK 1.8bnNo. 2137 of 2,138
Better than 0% of the companies in the industry
Number of employees2No. 150 of 2,138
Better than 93% 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 fewer than 20 employees69,967 companies in the comparison
No. 1,184of 69,742
Better than 98%
No. 69,963of 69,964
Better than 0%
Same industry and fewer than 20 employees2,092 companies in the comparison
No. 173of 2,048
Better than 92%
No. 2,091of 2,092
Better than 0%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,686of 33,588
Better than 95%
No. 33,686of 33,687
Better than 0%
All companies of type A/S18,025 companies in the comparison
No. 5,254of 17,786
Better than 70%
No. 18,023of 18,024
Better than 0%

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. Better Energy Holding A/SDKK 23.6m
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Better Energy Holding A/S−DKK 528.3m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Better Energy Holding A/S−DKK 1.8bn
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Better Energy Holding A/S2
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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

Owners and group

from the Public Ownership Register
Owners
  • Selskabet af 12. november 2025 ApS100%
Better Energy Holding A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Better Energy Holding A/S
NameRoleAppointed
Rasmus Lildholdt KjærCEO12/11/2018
Mark Augustenborg ØdumDirector08/11/2023

Board of directors

Board of directors at Better Energy Holding A/S
NameRoleAppointed
Peter Degnboel ThostrupChair of the board17/11/2025
Yann Henri Georges BlandyBoard member17/11/2025
Kjell Anders ThelinBoard member17/11/2025
Founders
Rlk Invest ApS, Augustenborg Holding ApS
Former management (19)
Former management at Better Energy Holding A/S
NameRoleAppointedResigned
Mark Augustenborg ØdumChair of the board08/05/201417/12/2019
Rasmus Lildholdt KjærBoard member08/05/201401/06/2017
Rasmus Lildholdt KjærDirector08/05/201411/11/2018
Volinka Droumeva AugustenborgBoard member08/05/201426/09/2016
Anders Knokgaard NielsenBoard member26/09/201601/06/2017
Michael VaterBoard member01/06/201717/11/2025
Mikkel Dau JacobsenBoard member01/06/201717/11/2025
Rasmus Lildholdt KjærBoard member08/09/201716/12/2022
Annette Egede NylanderBoard member03/09/201816/12/2022
Annette Egede NylanderDirector12/11/201802/10/2023
Ho Kei AuDirector12/11/201808/02/2024
Mark Augustenborg ØdumBoard member18/12/201916/12/2022
Christian Madsen MotzfeldtChair of the board18/12/201917/11/2025
Michael PollanBoard member18/12/201906/02/2025
Laurent PerretDeputy board member18/12/201920/09/2023
Claus WiinbladBoard member16/12/202206/01/2025
Adele Bugge Norman PranBoard member14/12/202313/02/2025
Thor Möger PedersenDirector08/02/202418/02/2025
Nancy KabaltBoard member11/04/202417/11/2025

Signing rule: Selskabet tegnes af den administrerende direktør i forening med et bestyrelsesmedlem eller af en direktør i forening med to bestyrelsesmedlemmer eller af tre bestyrelsesmedlemmer i forening eller af den samlede bestyrelse i forening

Address and production units

1 active production units

Gammel Kongevej 60
1850 Frederiksberg C

Frederiksberg Municipality · Postcode 1850

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
Better Energy Holding A/SGammel Kongevej 60, 1850 Frederiksberg C21019378477

Purpose

Selskabets formål er at fremme den globale udvikling af bæredygtige energikilder både direkte og indirekte og gennem andre selskaber, sammenslutninger og/eller personer. Det er endelig selskabets formål at udøve enhver sådan form for aktivitet, som efter bestyrelsens skøn er egnet til at fremme forannævnte formål.

The purpose is quoted from the register in Danish.

Changes year by year

110 registered events
20262 changesaccounts 2
  • Annual report for 2025 published
  • Annual report for 2024 published
202521 changesmanagement 11 · status 1 · capital 1 · ownership 7 · address 1
  • Kjell Anders Thelin appointed board member
  • Yann Henri Georges Blandy appointed board member
  • Peter Degnboel Thostrup appointed chair of the board
  • Nancy Kabalt stepped down as board member
  • Christian Madsen Motzfeldt stepped down as chair of the board
  • Mikkel Dau Jacobsen stepped down as board member
  • Michael Vater stepped down as board member
  • Status changed to active
  • Share capital changed from 708,244 DKK to 400,000 DKK
  • Selskabet af 12. november 2025 ApS registered as owner (100%)
  • Apamasada ApS is no longer registered as owner
  • RLK Invest II ApS is no longer registered as owner
  • Arbejdsmarkedets Tillægspension is no longer registered as owner
  • Capenergie 4 is no longer registered as owner
  • MiVat Holding ApS is no longer registered as owner
  • MIKKEL DAU HOLDING ApS is no longer registered as owner
  • Moved to Gammel Kongevej 60, 1850 Frederiksberg C
  • Thor Möger Pedersen stepped down as director
  • Adele Bugge Norman Pran stepped down as board member
  • Michael Pollan stepped down as board member
  • Claus Wiinblad stepped down as board member
20246 changesstatus 1 · accounts 1 · management 3 · industry 1
  • Status changed to under reconstruction
  • Annual report for 2023 published
  • Nancy Kabalt appointed board member
  • Thor Möger Pedersen appointed director
  • Ho Kei Au stepped down as director
  • Industry changed to Ikke-finansielle holdingselskaber (642020)
20239 changesmanagement 4 · ownership 4 · accounts 1
  • Adele Bugge Norman Pran appointed board member
  • Mark Augustenborg Ødum appointed director
  • Annette Egede Nylander stepped down as director
  • Laurent Perret stepped down as deputy board member
  • Apamasada ApS registered as owner (10%)
  • AUGUSTENBORG HOLDING ApS is no longer registered as owner
  • Annual report for 2022 published
  • RLK Invest II ApS registered as owner (10%)
  • RLK INVEST ApS is no longer registered as owner
202217 changescapital 1 · management 4 · ownership 11 · accounts 1
  • Share capital changed from 611,098 DKK to 708,244 DKK
  • Claus Wiinblad appointed board member
  • Mark Augustenborg Ødum stepped down as board member
  • Annette Egede Nylander stepped down as board member
  • Rasmus Lildholdt Kjær stepped down as board member
  • AUGUSTENBORG HOLDING ApS registered as owner (10%)
  • Arbejdsmarkedets Tillægspension registered as owner (15%)
  • RLK INVEST ApS registered as owner (10%)
  • Capenergie 4 registered as owner (10%)
  • MiVat Holding ApS registered as owner (10%)
  • Capenergie 4 is no longer registered as owner
  • RLK INVEST ApS is no longer registered as owner
  • MiVat Holding ApS is no longer registered as owner
  • AUGUSTENBORG HOLDING ApS is no longer registered as owner
  • Annual report for 2021 published
  • MIKKEL DAU HOLDING ApS registered as owner (10%)
  • MIKKEL DAU HOLDING ApS is no longer registered as owner
20215 changesaddress 2 · accounts 1 · name 1 · industry 1
  • Moved to Gammel Kongevej 60, 14, 1850 Frederiksberg C
  • Annual report for 2020 published
  • Name changed from Better Energy A/S to Better Energy Holding A/S
  • Moved to Gammel Kongevej 60, 14, 1850 Frederiksberg C
  • Industry changed to Activities of non-financial head offices (701010)
20199 changescapital 1 · management 5 · ownership 2 · address 1
  • Share capital changed from 500,000 DKK to 611,098 DKK
  • Christian Madsen Motzfeldt appointed chair of the board
  • Mark Augustenborg Ødum appointed board member
  • Michael Pollan appointed board member
  • Laurent Perret appointed deputy board member
  • Capenergie 4 registered as owner (15%)
  • Mark Augustenborg Ødum stepped down as chair of the board
  • Nylander Holding ApS is no longer registered as owner
  • Moved to Gammel Kongevej 60, 14, 1850 Frederiksberg C
201811 changesownership 5 · management 5 · name 1
  • Nylander Holding ApS registered as owner (5%)
  • Rasmus Lildholdt Kjær appointed ceo
  • Annette Egede Nylander appointed director
  • Ho Kei Au appointed director
  • Rasmus Lildholdt Kjær stepped down as director
  • Name changed from BETTER ENERGY WORLD A/S to Better Energy A/S
  • Annette Egede Nylander appointed board member
  • RLK INVEST ApS registered as owner (15%)
  • MiVat Holding ApS registered as owner (15%)
  • MIKKEL DAU HOLDING ApS registered as owner (15%)
  • AUGUSTENBORG HOLDING ApS registered as owner (15%)
201717 changesownership 10 · management 5 · industry 1 · address 1
  • AUGUSTENBORG HOLDING ApS is no longer registered as owner
  • MiVat Holding ApS is no longer registered as owner
  • MIKKEL DAU HOLDING ApS is no longer registered as owner
  • RLK INVEST ApS is no longer registered as owner
  • Rasmus Lildholdt Kjær appointed board member
  • Industry changed to Ikke-finansielle holdingselskaber (642020)
  • Moved to Axeltorv 2F, 1609 København V
  • Mikkel Dau Jacobsen appointed board member
  • Michael Vater appointed board member
  • Anders Knokgaard Nielsen stepped down as board member
  • Rasmus Lildholdt Kjær stepped down as board member
  • AUGUSTENBORG HOLDING ApS registered as owner (25%)
  • MiVat Holding ApS registered as owner (25%)
  • MIKKEL DAU HOLDING ApS registered as owner (25%)
  • RLK INVEST ApS registered as owner (25%)
  • AUGUSTENBORG HOLDING ApS is no longer registered as owner
  • RLK INVEST ApS is no longer registered as owner
20163 changesmanagement 2 · name 1
  • Anders Knokgaard Nielsen appointed board member
  • Volinka Droumeva Augustenborg stepped down as board member
  • Name changed from THE BETTER ENERGY COMPANY A/S to BETTER ENERGY WORLD A/S
20153 changesname 2 · address 1
  • Name changed from ALPHADANA A/S to THE BETTER ENERGY COMPANY A/S
  • Name changed from THE BETTER ENERGY COMPANY A/S to ALPHADANA A/S
  • Moved to Kigkurren 8D, 1, 2300 København S
20147 changesfounded 1 · management 4 · ownership 2
  • Registered as THE BETTER ENERGY COMPANY A/S
  • Volinka Droumeva Augustenborg appointed board member
  • Rasmus Lildholdt Kjær appointed director
  • Rasmus Lildholdt Kjær appointed board member
  • Mark Augustenborg Ødum appointed chair of the board
  • AUGUSTENBORG HOLDING ApS registered as owner (50%)
  • RLK INVEST ApS registered as owner (50%)

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