Danco Oil A/S
Public limited companyCVR 11426530VardeActive
Danco Oil A/S is a public limited company, based in Varde, active in wholesale of solid, liquid and gaseous fuels and related products, founded in 1987. Net profit fell 10% from 2024 to 2025, ending at DKK 98,982. 7 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit fell 10% (2024 → 2025), to DKK 98,982.
Employees
- 1 more employees than a year earlier: 3 (08/2026) against 2 (08/2025).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,410 | 1,515 | 1,534 | 1,232 | 1,231 | 1,230 | −0.1% |
| Operating profit (EBIT) | 500 | 573 | 599 | 298 | 252 | 220 | −12.7% |
| Profit before tax | 429 | 508 | 545 | 203 | 144 | 130 | −9.7% |
| Net profit | 332 | 394 | 422 | 152 | 110 | 99 | −10.1% |
| Total assets | 2,791 | 3,713 | 3,687 | 3,432 | 3,091 | 2,929 | −5.2% |
| Equity | 895 | 960 | 992 | 723 | 708 | 707 | −0.1% |
| Liabilities | 1,894 | 2,749 | 2,693 | 2,706 | 2,381 | 2,221 | −6.7% |
| Cash and cash equivalents | 1 | 1 | 0 | 0 | 0 | 0 | −59.7% |
| Average number of employees | 3 | 2 | 2 | 2 | 2 | 2 | 0% |
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. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 10/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 16/01/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 11/03/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 23/12/2022 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 19/01/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 18/12/2020 | The company | PDFXBRL |
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 CVRPosition in the industry
102 companies in the databaseComparison with the other companies in wholesale of solid, liquid and gaseous fuels and related products based on the latest financial year.
Industry median: gross profit DKK 5.1m, net profit DKK 599k, equity DKK 3.5m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 40,906of 69,742 Better than 41% | No. 38,090of 69,964 Better than 46% |
| Same industry and fewer than 20 employees83 companies in the comparison | No. 60of 83 Better than 28% | No. 61of 83 Better than 27% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 7,988of 10,152 Better than 21% | No. 9,148of 10,275 Better than 11% |
| All companies of type A/S18,025 companies in the comparison | No. 15,434of 17,786 Better than 13% | No. 16,384of 18,024 Better than 9% |
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
Wholesale of solid, liquid and gaseous fuels and related products- Danco Oil A/SDKK 1.2m
- Ok A.m.b.a.DKK 2.5bn
- Uno-X Mobility Danmark A/SDKK 427.8m
- Danco Oil A/SDKK 98,982
- Ok A.m.b.a.DKK 870.9m
- Uno-X Mobility Danmark A/SDKK 141.8m
- Danco Oil A/SDKK 707k
- Ok A.m.b.a.DKK 7bn
- Uno-X Mobility Danmark A/SDKK 1bn
- Danco Oil A/S3
- Ok A.m.b.a.1,172
- Uno-X Mobility Danmark A/S117
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- F.h. Holding Varde ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Flemming Høj | Director | 09/09/2016 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Poul Rølle Poulsen | Board member | 28/09/2007 |
| Flemming Høj | Board member | 28/09/2007 |
| Kurt Jensen Høj | Board member | 07/01/2022 |
- Founders
- Victor Christoffersen, Jens Nørskov, Søren Bonde
Former management (18)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Ole Bak Nielsen | Board member | 01/07/1987 | 28/09/2007 |
| Kurt Neels Rehl | Board member | 01/07/1987 | 14/03/1996 |
| Victor Christoffersen | Board member | 01/07/1987 | 01/02/1988 |
| Jens Nørskov | Board member | 01/07/1987 | 01/02/1988 |
| Jens Nørskov | Director | 01/07/1987 | 01/02/1988 |
| Søren Bonde | Board member | 01/07/1987 | 01/02/1988 |
| Kaj Berg Andersen | Board member | 01/07/1987 | 04/10/1989 |
| Jette Karina Larsen | Board member | 01/07/1987 | 12/11/1990 |
| Jette Karina Larsen | Director | 01/07/1987 | 16/10/1990 |
| Ernst Jensen | Board member | 01/07/1987 | 14/03/1996 |
| Ernst Jensen | Director | 01/07/1987 | 14/03/1996 |
| Jens Anders Brogaard | Board member | 01/07/1987 | 14/01/1998 |
| Jens Anders Brogaard | Director | 01/07/1987 | 16/10/1990 |
| Ulla Fjordside Hassager | Board member | 14/03/1996 | 28/09/2007 |
| Poul Howard Hassager | Board member | 14/03/1996 | 28/09/2007 |
| Poul Howard Hassager | Director | 14/03/1996 | 28/09/2007 |
| Poul Rølle Poulsen | Director | 28/09/2007 | 09/09/2016 |
| Søren Peder Høj | Board member | 28/09/2007 | 07/01/2022 |
Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse.
Address and production units
1 active production unitsMurervej 7
6800 Varde
| Production unit | Address | Employees | P number |
|---|---|---|---|
| DANCO OIL A/S | Murervej 7, 6800 Varde | 3 | 1003751358 |
Purpose
Selskabets formål er handel, håndværk og industri.
The purpose is quoted from the register in Danish.
Changes year by year
57 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20243 changesownership 2 · accounts 1
- OwnershipF.H. HOLDING VARDE ApS registered as owner (100%)
- OwnershipP.P. AGENTURER HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
20224 changesaccounts 2 · management 2
- AccountsAnnual report for 2022 published
- AccountsAnnual report for 2021 published
- ManagementKurt Jensen Høj appointed board member
- ManagementSøren Peder Høj stepped down as board member
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
20191 changeaddress 1
- AddressMoved to Murervej 7, 6800 Varde
20162 changesmanagement 2
- ManagementFlemming Høj appointed director
- ManagementPoul Rølle Poulsen stepped down as director
20082 changesaddress 1 · industry 1
- AddressMoved to Ølstrupvej 6, No, 6950 Ringkøbing
- IndustryIndustry changed to Wholesale of motor vehicles (467100)
20079 changesownership 1 · management 8
- OwnershipP.P. AGENTURER HOLDING ApS registered as owner (100%)
- ManagementSøren Peder Høj appointed board member
- ManagementPoul Rølle Poulsen appointed director
- ManagementPoul Rølle Poulsen appointed board member
- ManagementFlemming Høj appointed board member
- ManagementPoul Howard Hassager stepped down as board member
- ManagementUlla Fjordside Hassager stepped down as board member
- ManagementPoul Howard Hassager stepped down as director
- ManagementOle Bak Nielsen stepped down as board member
19981 changemanagement 1
- ManagementJens Anders Brogaard stepped down as board member
19967 changescapital 1 · management 6
- CapitalShare capital changed from 300,000 DKK to 500,000 DKK
- ManagementPoul Howard Hassager appointed board member
- ManagementUlla Fjordside Hassager appointed board member
- ManagementPoul Howard Hassager appointed director
- ManagementErnst Jensen stepped down as board member
- ManagementErnst Jensen stepped down as director
- ManagementKurt Neels Rehl stepped down as board member
19911 changename 1
- NameName changed from POWER PRODUCT A/S to DANCO OIL A/S
19904 changesmanagement 3 · name 1
- ManagementJette Karina Larsen stepped down as board member
- NameName changed from DELTA OIL DANMARK E.J.O. A/S to POWER PRODUCT A/S
- ManagementJens Anders Brogaard stepped down as director
- ManagementJette Karina Larsen stepped down as director
19891 changemanagement 1
- ManagementKaj Berg Andersen stepped down as board member
19885 changesname 1 · management 4
- NameName changed from ASX 12183 A/S to DELTA OIL DANMARK E.J.O. A/S
- ManagementVictor Christoffersen stepped down as board member
- ManagementJens Nørskov stepped down as board member
- ManagementJens Nørskov stepped down as director
- ManagementSøren Bonde stepped down as board member
198714 changesfounded 1 · management 13
- FoundedRegistered as ASX 12183 A/S
- ManagementErnst Jensen appointed board member
- ManagementErnst Jensen appointed director
- ManagementOle Bak Nielsen appointed board member
- ManagementJens Anders Brogaard appointed director
- ManagementJens Anders Brogaard appointed board member
- ManagementKurt Neels Rehl appointed board member
- ManagementVictor Christoffersen appointed board member
- ManagementJens Nørskov appointed board member
- ManagementJens Nørskov appointed director
- ManagementSøren Bonde appointed board member
- ManagementKaj Berg Andersen appointed board member
- ManagementJette Karina Larsen appointed board member
- ManagementJette Karina Larsen appointed director
Related companies
Same people in management
- Danish Crown A/Svia Victor Christoffersen
- Vestas Wind Systems A/Svia Jens Nørskov
- Hofor A/Svia Victor Christoffersen
- Ørsted Services A/Svia Victor Christoffersen
- Sol og Strand Feriehusudlejning A/Svia Jens Nørskov
- Saxo Bank A/Svia Victor Christoffersen
Largest in the industry
- Ok A.m.b.a.DKK 2.5bn
- Uno-X Mobility Danmark A/SDKK 427.8m
- Kosan Gas A/SDKK 212.4m
- Bigadan Sourcing & Commodities ApSDKK 185.7m
- Bio Recycling ApSDKK 133.3m
- Go'on Gruppen A/SDKK 130m
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.