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BlueNord Energy Denmark A/S

Public limited companyCVR 78342714København ØActive

BlueNord Energy Denmark A/S is a public limited company, based in København Ø, active in extraction of crude petroleum, founded in 1985. The company went from a profit in 2024 to a loss of DKK 9.9m in 2025. Equity fell to DKK 189.5m in 2025. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

RevenueDKK 1bn+45.3% vs. 2024
Net profit−DKK 9.9m−194.8% vs. 2024
EquityDKK 189.5m−67.7% vs. 2024
Employees20latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 34% (2024 → 2025), to DKK 403.7m.
  • Revenue rose 45% (2024 → 2025), to DKK 1bn.
  • Net profit went from a profit of DKK 10.4m to a loss of DKK 9.9m (2024 → 2025).
  • Equity fell 68% (2024 → 2025), to DKK 189.5m.

Employees

  • 3 fewer employees than a year earlier: 20 (07/2026) against 23 (07/2025).

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 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m202020212022202320242025
EquityNet profit
Financial figures for BlueNord Energy Denmark A/S
202020212022202320242025Change
Revenue480,213558,418960,503791,558698,7041,015,213+45.3%
Gross profit122,664197,952544,072384,914301,100403,729+34.1%
Operating profit (EBIT)70,402142,948487,985325,989234,007299,342+27.9%
Profit before tax29,71840,232373,049180,85967,670−21,640−132%
Net profit65,00517,614103,339111,12210,438−9,892−194.8%
Total assets2,609,6983,615,6143,845,3934,038,7054,086,5564,258,096+4.2%
Equity382,104317,938503,173626,670586,789189,460−67.7%
Liabilities2,227,5943,297,6763,342,2192,392,8882,403,2172,741,114+14.1%
Cash and cash equivalents46,126100,148258,058163,671155,41082,683−46.8%
Average number of employees161618212321−8.7%

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 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m202020212022202320242025
Gross profitMedian, the industry (5 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 68% from 2024 to 2025 (DKK 586.8m to DKK 189.5m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Low equity ratio

    Equity makes up 4% 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 BlueNord Energy Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202331/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/05/2021The companyPDFXBRL

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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

5 companies in the database

Comparison with the other companies in extraction of crude petroleum based on the latest financial year.

Gross profitDKK 403.7mNo. 3 of 5
Better than 50% of the companies in the industry
EquityDKK 189.5mNo. 5 of 5
Better than 0% of the companies in the industry
Number of employees20No. 3 of 5
Better than 50% of the companies in the industry

Industry median: gross profit DKK 403.7m, net profit −DKK 9.9m, equity DKK 1.3bn, 21 employees.

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. 27of 9,892
Better than 100%
No. 207of 9,922
Better than 98%
Companies that are at least 30 years old10,276 companies in the comparison
No. 220of 10,152
Better than 98%
No. 821of 10,275
Better than 92%
All companies of type A/S18,025 companies in the comparison
No. 370of 17,786
Better than 98%
No. 1,492of 18,024
Better than 92%

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

Extraction of crude petroleum
Gross profit
  1. BlueNord Energy Denmark A/SDKK 403.7m
  2. Ineos E&p A/SDKK 1.9bn
  3. INEOS Energy (Syd Arne) ApSDKK 697.1m
Net profit
  1. BlueNord Energy Denmark A/S−DKK 9.9m
  2. Ineos E&p A/SDKK 9.6bn
  3. INEOS Energy (Syd Arne) ApSDKK 2.5bn
Equity
  1. BlueNord Energy Denmark A/SDKK 189.5m
  2. Ineos E&p A/SDKK 11.3bn
  3. INEOS Energy (Syd Arne) ApSDKK 3.3bn
Employees
  1. BlueNord Energy Denmark A/S20
  2. Ineos E&p A/S302
  3. INEOS Energy (Syd Arne) ApS70

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
  • BlueNord Denmark A/S100%
BlueNord Energy Denmark A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at BlueNord Energy Denmark A/S
NameRoleAppointed
Miriam Jager LykkeDirector07/06/2024

Board of directors

Board of directors at BlueNord Energy Denmark A/S
NameRoleAppointed
Euan Campbell ShirlawChair of the board14/04/2021
Jacqueline Louise Lindmark BoyeBoard member23/10/2023
Miriam Jager LykkeBoard member07/06/2024
Auditor
KPMG P/S
Former management (58)
Former management at BlueNord Energy Denmark A/S
NameRoleAppointedResigned
Hans Henrik FischerDeputy chair15/02/198530/06/1995
Lars LøckeDeputy chair15/02/198508/07/1997
Søren HolmDeputy chair15/02/198502/07/2001
Poul Christian Gowers LundBoard member15/02/198530/06/1995
Sven Dyrløv MadsenBoard member15/02/198512/05/2003
Jens ThorsenChair of the board15/02/198509/03/1994
Peter Benoni HøjmeBoard member15/02/198531/03/1998
Jørgen Berg SteffensenBoard member15/02/198531/10/1995
Henning Hempel SparsøBoard member15/02/198509/03/1994
Henrik Bang-PedersenBoard member15/02/198512/05/2005
Flemming Kolkjær SørensenDirector15/02/198515/09/2006
Poul NielsonBoard member15/02/198503/11/1994
Jørgen ReinholdtBoard member15/02/198529/03/1994
Erik SøndergaardChair of the board15/02/198511/08/2006
Henning Georg KruseBoard member15/02/198511/08/2006
Asbjørn Holst LarsenBoard member15/02/198527/03/1995
Richard Frederick Paynter HardmanBoard member15/02/198502/07/2001
Kurt HansenDeputy chair20/08/199712/05/2005
Per SkovBoard member29/04/199811/08/2006
Hans Ole JensenBoard member26/06/200311/08/2006
Jørgen Enegaard NicolajsenBoard member12/05/200511/08/2006
Jeppe ChristiansenBoard member12/05/200511/08/2006
Brian Ole JepsenChair of the board11/08/200627/09/2007
Olaf Ingebrigt EllingsenBoard member11/08/200627/09/2007
Sigurd KayserDeputy chair11/08/200627/09/2007
Olaf Ingebrigt EllingsenCEO15/09/200627/09/2007
Scott Irving KerrBoard member27/09/200731/03/2011
Scott Irving KerrCEO27/09/200731/03/2011
Jan NagellBoard member27/09/200728/01/2011
Lars Arne TaklaChair of the board27/09/200728/09/2011
Erik BorgBoard member28/01/201129/10/2014
Einar GjelsvikBoard member31/03/201116/05/2013
Einar GjelsvikCEO31/03/201116/05/2013
Ellen Sandra BratlandChair of the board28/09/201119/03/2013
Ørjan GjerdeChair of the board19/03/201315/08/2014
Svein Arild KillinglandBoard member16/05/201329/10/2014
Svein Arild KillinglandCEO16/05/201301/12/2014
Øyvind SørbøChair of the board15/08/201429/10/2014
Bård Arve LærumBoard member29/10/201418/05/2015
Tone BjørnovChair of the board29/10/201401/12/2014
Silje Christine AugustsonBoard member29/10/201404/10/2017
Tommy SundtCEO01/12/201420/11/2015
Andreas Alnæs Greve-IsdahlChair of the board01/12/201407/04/2016
Tommy SundtBoard member18/05/201517/03/2016
Silje Christine AugustsonDirector20/11/201504/10/2017
Riulf Frederik RustadBoard member17/03/201614/04/2021
Lars PurlundChair of the board07/04/201614/04/2021
Cecilie Olesen LindsethBoard member04/10/201725/04/2018
Cecilie Olesen LindsethCEO04/10/201725/04/2018
Erik BorgBoard member25/04/201823/06/2022
Riulf Frederik RustadCEO25/04/201801/02/2020
Atle SonesenDirector01/02/202028/10/2020
David Bruce CookDirector28/10/202014/04/2021
Erik BorgDirector14/04/202123/06/2022
Urs Michael MohnBoard member14/04/202123/06/2022
Allan Plesner SøndergaardBoard member23/06/202223/10/2023
Marianne Wold EideBoard member23/06/202207/06/2024
Marianne Wold EideDirector23/06/202207/06/2024

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af et medlem af bestyrelsen eller af en direktør.

Address and production units

1 active production units

Lyngbyvej 2
2100 København Ø

København Municipality · Postcode 2100

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
BlueNord Energy Denmark A/SLyngbyvej 2, 2100 København Ø201002559179

Purpose

Selskabets formål er at deltage i efterforskning og udvinding af kulbrinter og anden i forbindelse dermed stående virksomhed i Danmark og i udlandet.

The purpose is quoted from the register in Danish.

Changes year by year

145 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20245 changesmanagement 4 · accounts 1
  • Miriam Jager Lykke appointed board member
  • Miriam Jager Lykke appointed director
  • Marianne Wold Eide stepped down as board member
  • Marianne Wold Eide stepped down as director
  • Annual report for 2023 published
20234 changesmanagement 2 · name 1 · accounts 1
  • Jacqueline Louise Lindmark Boye appointed board member
  • Allan Plesner Søndergaard stepped down as board member
  • Name changed from NORECO OIL DENMARK A/S to BlueNord Energy Denmark A/S
  • Annual report for 2022 published
20227 changesmanagement 6 · accounts 1
  • Marianne Wold Eide appointed board member
  • Allan Plesner Søndergaard appointed board member
  • Marianne Wold Eide appointed director
  • Urs Michael Mohn stepped down as board member
  • Erik Borg stepped down as director
  • Erik Borg stepped down as board member
  • Annual report for 2021 published
20218 changesaddress 1 · accounts 1 · management 6
  • Moved to Lyngbyvej 2, 2100 København Ø
  • Annual report for 2020 published
  • Urs Michael Mohn appointed board member
  • Euan Campbell Shirlaw appointed chair of the board
  • Erik Borg appointed director
  • David Bruce Cook stepped down as director
  • Lars Purlund stepped down as chair of the board
  • Riulf Frederik Rustad stepped down as board member
20204 changesmanagement 4
  • David Bruce Cook appointed director
  • Atle Sonesen stepped down as director
  • Atle Sonesen appointed director
  • Riulf Frederik Rustad stepped down as ceo
20191 changeaddress 1
  • Moved to Midtermolen 3, 4. th, 2100 København Ø
20186 changescapital 1 · address 1 · management 4
  • Share capital changed from 153,000,000 DKK to 153,100,000 DKK
  • Moved to Milnersvej 43A, 3400 Hillerød
  • Riulf Frederik Rustad appointed ceo
  • Erik Borg appointed board member
  • Cecilie Olesen Lindseth stepped down as ceo
  • Cecilie Olesen Lindseth stepped down as board member
20174 changesmanagement 4
  • Cecilie Olesen Lindseth appointed ceo
  • Cecilie Olesen Lindseth appointed board member
  • Silje Christine Augustson stepped down as director
  • Silje Christine Augustson stepped down as board member
20165 changesaddress 1 · management 4
  • Moved to Milnersvej 43, 3400 Hillerød
  • Lars Purlund appointed chair of the board
  • Andreas Alnæs Greve-Isdahl stepped down as chair of the board
  • Riulf Frederik Rustad appointed board member
  • Tommy Sundt stepped down as board member
20155 changesmanagement 4 · ownership 1
  • Silje Christine Augustson appointed director
  • Tommy Sundt stepped down as ceo
  • Tommy Sundt appointed board member
  • Bård Arve Lærum stepped down as board member
  • BlueNord Denmark A/S registered as owner (100%)
201412 changesmanagement 12
  • Andreas Alnæs Greve-Isdahl appointed chair of the board
  • Tommy Sundt appointed ceo
  • Tone Bjørnov stepped down as chair of the board
  • Svein Arild Killingland stepped down as ceo
  • Bård Arve Lærum appointed board member
  • Silje Christine Augustson appointed board member
  • Tone Bjørnov appointed chair of the board
  • Øyvind Sørbø stepped down as chair of the board
  • Svein Arild Killingland stepped down as board member
  • Erik Borg stepped down as board member
  • Øyvind Sørbø appointed chair of the board
  • Ørjan Gjerde stepped down as chair of the board
20136 changesmanagement 6
  • Svein Arild Killingland appointed ceo
  • Svein Arild Killingland appointed board member
  • Einar Gjelsvik stepped down as board member
  • Einar Gjelsvik stepped down as ceo
  • Ørjan Gjerde appointed chair of the board
  • Ellen Sandra Bratland stepped down as chair of the board
20122 changesname 1 · address 1
  • Name changed from ALTINEX OIL DENMARK A/S to NORECO OIL DENMARK A/S
  • Moved to Parallelvej 14, 2800 Kgs.Lyngby
20119 changesmanagement 8 · address 1
  • Ellen Sandra Bratland appointed chair of the board
  • Lars Arne Takla stepped down as chair of the board
  • Moved to Kongevejen 400C, Øverød, 2840 Holte
  • Einar Gjelsvik appointed board member
  • Einar Gjelsvik appointed ceo
  • Scott Irving Kerr stepped down as board member
  • Scott Irving Kerr stepped down as ceo
  • Erik Borg appointed board member
  • Jan Nagell stepped down as board member
20081 changeindustry 1
  • Industry changed to Extraction of crude petroleum (061000)
20079 changesmanagement 8 · address 1
  • Scott Irving Kerr appointed board member
  • Scott Irving Kerr appointed ceo
  • Lars Arne Takla appointed chair of the board
  • Jan Nagell appointed board member
  • Olaf Ingebrigt Ellingsen stepped down as ceo
  • Brian Ole Jepsen stepped down as chair of the board
  • Sigurd Kayser stepped down as deputy chair
  • Olaf Ingebrigt Ellingsen stepped down as board member
  • Moved to Kongevejen 100C, 2840 Holte
200612 changesmanagement 11 · name 1
  • Olaf Ingebrigt Ellingsen appointed ceo
  • Flemming Kolkjær Sørensen stepped down as director
  • Name changed from DENERCO OIL A/S to ALTINEX OIL DENMARK A/S
  • Brian Ole Jepsen appointed chair of the board
  • Sigurd Kayser appointed deputy chair
  • Olaf Ingebrigt Ellingsen appointed board member
  • Jeppe Christiansen stepped down as board member
  • Jørgen Enegaard Nicolajsen stepped down as board member
  • Hans Ole Jensen stepped down as board member
  • Per Skov stepped down as board member
  • Henning Georg Kruse stepped down as board member
  • Erik Søndergaard stepped down as chair of the board
20054 changesmanagement 4
  • Jeppe Christiansen appointed board member
  • Jørgen Enegaard Nicolajsen appointed board member
  • Kurt Hansen stepped down as deputy chair
  • Henrik Bang-Pedersen stepped down as board member
20032 changesmanagement 2
  • Hans Ole Jensen appointed board member
  • Sven Dyrløv Madsen stepped down as board member
20021 changeaddress 1
  • Moved to Kongevejen 100C, 2840 Holte
20013 changesaddress 1 · management 2
  • Moved to Kongevejen 100C-100, 2840 Holte
  • Søren Holm stepped down as deputy chair
  • Richard Frederick Paynter Hardman stepped down as board member
19983 changescapital 2 · management 1
  • Share capital changed from 144,000,000 DKK to 153,000,000 DKK
  • Per Skov appointed board member
  • Share capital changed from 108,000,000 DKK to 144,000,000 DKK
19975 changesmanagement 2 · capital 2 · merger 1
  • Kurt Hansen appointed deputy chair
  • Lars Løcke stepped down as deputy chair
  • Share capital changed from 72,000,000 DKK to 108,000,000 DKK
  • Share capital changed from 500,000 DKK to 72,000,000 DKK
  • Merger registered in CVR
19962 changesname 1 · capital 1
  • Name changed from DENERCO A/S to DENERCO OIL A/S
  • Share capital changed from 300,000 DKK to 500,000 DKK
19954 changesmanagement 4
  • Jørgen Berg Steffensen stepped down as board member
  • Poul Christian Gowers Lund stepped down as board member
  • Hans Henrik Fischer stepped down as deputy chair
  • Asbjørn Holst Larsen stepped down as board member
19943 changesmanagement 3
  • Poul Nielson stepped down as board member
  • Jørgen Reinholdt stepped down as board member
  • Henning Hempel Sparsø stepped down as board member
198516 changesfounded 1 · management 15
  • Registered as DENERCO A/S
  • Sven Dyrløv Madsen appointed board member
  • Poul Christian Gowers Lund appointed board member
  • Søren Holm appointed deputy chair
  • Richard Frederick Paynter Hardman appointed board member
  • Lars Løcke appointed deputy chair
  • Hans Henrik Fischer appointed deputy chair
  • Asbjørn Holst Larsen appointed board member
  • Henning Georg Kruse appointed board member
  • Erik Søndergaard appointed chair of the board
  • Jørgen Reinholdt appointed board member
  • Poul Nielson appointed board member
  • Flemming Kolkjær Sørensen appointed director
  • Henrik Bang-Pedersen appointed board member
  • Henning Hempel Sparsø appointed board member
  • Jørgen Berg Steffensen appointed board member

Related companies

Same industry in København

See all →

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