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Billund Vand og Energi A/S

Public limited companyCVR 33039735GrindstedActive

Billund Vand og Energi A/S is a public limited company, based in Grindsted, active in activities of non-financial head offices, founded in 2010. Net profit rose 133% from 2024 to 2025, ending at DKK 30.6m. Profit has grown three years in a row. 7 people are registered in the company's management and ownership.

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Key figures · financial year 2025

RevenueDKK 155.6m+87.8% vs. 2024
Net profitDKK 30.6m+132.9% vs. 2024
EquityDKK 750.8m+5.1% vs. 2024
Employees56latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 220% (2024 → 2025), to DKK 41.2m.
  • Revenue rose 88% (2024 → 2025), to DKK 155.6m.
  • Net profit rose 133% (2024 → 2025), to DKK 30.6m.
  • Equity rose 5% (2024 → 2025), to DKK 750.8m.

Employees

  • 2 fewer employees than a year earlier: 56 (08/2026) against 58 (08/2025).

Management and owners, last 24 months

  • New in management: Robert Brogaard Terkelsen (deputy chair, 01/01/2026), Søren Per Nyhus (board member, 01/01/2026) and Martin Alminde Friis (board member, 01/01/2026).
  • Stepped down: Klara Fuursted Noer (board member, 31/12/2025), Helen Majbrit Rasmussen (board member, 31/12/2025) and Simon Nicolajsen Jørgensen (deputy chair, 31/12/2025).

Registrations, last 24 months

  • 01/01/2025: Share capital changed from 15,000,000 DKK to 16,000,000 DKK
  • 01/01/2025: Industry changed to Activities of non-financial head offices (701010)

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 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600mDKK 700mDKK 800m202020212022202320242025
EquityNet profit
Financial figures for Billund Vand og Energi A/S
202020212022202320242025Change
Revenue76,47183,03380,07491,80882,872155,605+87.8%
Gross profit12,39412,77411,10516,42012,84541,153+220.4%
Operating profit (EBIT)5,6696,3533,92710,6118,24932,016+288.1%
Profit before tax3,6164,3441,9728,9047,48730,392+305.9%
Net profit3,3935,0042,8627,27513,15030,630+132.9%
Total assets827,771823,598820,567826,640844,162951,390+12.7%
Equity685,849690,861693,723700,998714,148750,822+5.1%
Liabilities141,922132,737126,844125,642130,014158,108+21.6%
Cash and cash equivalents19,72431,94132,40229,50541,40715,818−61.8%
Average number of employees302928292841+46.4%

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 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
Gross profitMedian, the industry (310 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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 Billund Vand og Energi A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/05/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202409/05/2025The groupPDFXBRL
202301/01/2023 – 31/12/202315/05/2024The groupPDFXBRL
202201/01/2022 – 31/12/202217/05/2023The groupPDFXBRL
202101/01/2021 – 31/12/202112/05/2022The groupPDFXBRL
202001/01/2020 – 31/12/202012/05/2021The 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
010203040506009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

310 companies in the database

Comparison with the other companies in activities of non-financial head offices based on the latest financial year.

Gross profitDKK 41.2mNo. 125 of 276
Better than 55% of the companies in the industry
EquityDKK 750.8mNo. 99 of 310
Better than 68% of the companies in the industry
Number of employees56No. 165 of 310
Better than 47% of the companies in the industry

Industry median: gross profit DKK 31.9m, net profit DKK 3.9m, equity DKK 179.4m, 49 employees.

DKK 100kDKK 2.7mDKK 75.2mDKK 2.1bnDKK 18.8bnHere
Distribution of gross profit for 235 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 50–199 employees4,467 companies in the comparison
No. 2,202of 4,412
Better than 50%
No. 104of 4,466
Better than 98%
Same industry and 50–199 employees71 companies in the comparison
No. 36of 60
Better than 41%
No. 27of 71
Better than 63%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,741of 24,791
Better than 93%
No. 268of 24,909
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 3,447of 17,786
Better than 81%
No. 517of 18,024
Better than 97%

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

Activities of non-financial head offices
Gross profit
  1. Billund Vand og Energi A/SDKK 41.2m
  2. LEGO A/SDKK 56.6bn
  3. Demant A/SDKK 17.4bn
Net profit
  1. Billund Vand og Energi A/SDKK 30.6m
  2. LEGO A/SDKK 16.7bn
  3. Demant A/SDKK 1.5bn
Equity
  1. Billund Vand og Energi A/SDKK 750.8m
  2. LEGO A/SDKK 49.3bn
  3. Demant A/SDKK 9.9bn
Employees
  1. Billund Vand og Energi A/S56
  2. LEGO A/S5
  3. Demant A/S58

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
  • Billund Kommune100%
Billund Vand og Energi A/S

Management

6 active registrations

Executive management

Executive management at Billund Vand og Energi A/S
NameRoleAppointed
Thomas Kruse MadsenCEO01/10/2021

Board of directors

Board of directors at Billund Vand og Energi A/S
NameRoleAppointed
Kristian TvergaardChair of the board19/05/2020
Lars Buhelt ThomsenBoard member01/01/2022
Robert Brogaard TerkelsenDeputy chair01/01/2026
Søren Per NyhusBoard member01/01/2026
Martin Alminde FriisBoard member01/01/2026
Founders
Billund Kommune
Former management (16)
Former management at Billund Vand og Energi A/S
NameRoleAppointedResigned
Jens Dicksen JensenBoard member17/06/201024/05/2011
Jens Dicksen JensenCEO17/06/201010/09/2010
Jørgen Krab JørgensenChair of the board17/06/201019/05/2020
Kim Gosvig HansenDeputy chair17/06/201031/12/2013
Jesper Gammeljord BrødsgaardCEO10/09/201031/10/2011
Thomas Fonnesbæk BoeBoard member24/05/201108/11/2012
Ole Pedersen JohnsenCEO01/11/201131/05/2021
Lars Buhelt ThomsenBoard member08/11/201201/01/2018
Søren Per NyhusDeputy chair17/12/201331/12/2021
Søren KlausenBoard member17/12/201331/12/2021
Kristian TvergaardBoard member17/12/201318/05/2020
Klara Fuursted NoerBoard member01/01/201831/12/2025
Henrik Schou KnudsenBoard member21/05/202031/12/2021
Jesper Dahl PrimdahlCEO01/06/202130/09/2021
Helen Majbrit RasmussenBoard member01/01/202231/12/2025
Simon Nicolajsen JørgensenDeputy chair01/01/202231/12/2025

Signing rule: Selskabet tegnes af bestyrelsens formand eller næstformand i forening med en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Grindsted Landevej 40
7200 Grindsted

Billund Municipality · Postcode 7200

Production units
Production unitAddressEmployeesP number
BILLUND VAND OG ENERGI A/SGrindsted Landevej 40, Jerrig, 7200 Grindsted561016132256

Purpose

Selskabets formål er at varetage vandforsynings- og spildevandsaktiviteter i Billund Kommune.

The purpose is quoted from the register in Danish.

Changes year by year

52 registered events
20264 changesaccounts 1 · management 3
  • Annual report for 2025 published
  • Robert Brogaard Terkelsen appointed deputy chair
  • Martin Alminde Friis appointed board member
  • Søren Per Nyhus appointed board member
20256 changesmanagement 3 · accounts 1 · industry 1 · capital 1
  • Simon Nicolajsen Jørgensen stepped down as deputy chair
  • Helen Majbrit Rasmussen stepped down as board member
  • Klara Fuursted Noer stepped down as board member
  • Annual report for 2024 published
  • Industry changed to Activities of non-financial head offices (701010)
  • Share capital changed from 15,000,000 DKK to 16,000,000 DKK
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20225 changesaddress 1 · accounts 1 · management 3
  • Moved to Grindsted Landevej 40, Jerrig, 7200 Grindsted
  • Annual report for 2021 published
  • Simon Nicolajsen Jørgensen appointed deputy chair
  • Lars Buhelt Thomsen appointed board member
  • Helen Majbrit Rasmussen appointed board member
20219 changesmanagement 7 · accounts 1 · address 1
  • Henrik Schou Knudsen stepped down as board member
  • Søren Per Nyhus stepped down as deputy chair
  • Søren Klausen stepped down as board member
  • Thomas Kruse Madsen appointed ceo
  • Jesper Dahl Primdahl stepped down as ceo
  • Jesper Dahl Primdahl appointed ceo
  • Ole Pedersen Johnsen stepped down as ceo
  • Annual report for 2020 published
  • Moved to Grindsted Landevej 40, Jerrig, 7200 Grindsted
20204 changesmanagement 4
  • Henrik Schou Knudsen appointed board member
  • Kristian Tvergaard appointed chair of the board
  • Jørgen Krab Jørgensen stepped down as chair of the board
  • Kristian Tvergaard stepped down as board member
20191 changeaddress 1
  • Moved to Grindsted Landevej 40, Jerrig, 7200 Grindsted
20183 changesname 1 · management 2
  • Name changed from BILLUND VAND A/S to BILLUND VAND OG ENERGI A/S
  • Klara Fuursted Noer appointed board member
  • Lars Buhelt Thomsen stepped down as board member
20134 changesmanagement 4
  • Kim Gosvig Hansen stepped down as deputy chair
  • Søren Per Nyhus appointed deputy chair
  • Kristian Tvergaard appointed board member
  • Søren Klausen appointed board member
20122 changesmanagement 2
  • Lars Buhelt Thomsen appointed board member
  • Thomas Fonnesbæk Boe stepped down as board member
20114 changesmanagement 4
  • Ole Pedersen Johnsen appointed ceo
  • Jesper Gammeljord Brødsgaard stepped down as ceo
  • Thomas Fonnesbæk Boe appointed board member
  • Jens Dicksen Jensen stepped down as board member
20108 changesmanagement 6 · founded 1 · ownership 1
  • Jesper Gammeljord Brødsgaard appointed ceo
  • Jens Dicksen Jensen stepped down as ceo
  • Registered as BILLUND VAND A/S
  • Jens Dicksen Jensen appointed ceo
  • Kim Gosvig Hansen appointed deputy chair
  • Jørgen Krab Jørgensen appointed chair of the board
  • Jens Dicksen Jensen appointed board member
  • Billund Kommune registered as owner (100%)

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Same people in management

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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.

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