Danoil Exploration A/S
Public limited companyCVR 10608147Viby JActive
Danoil Exploration A/S is a public limited company, based in Viby J, active in extraction of crude petroleum, founded in 1987. The company went from a profit in 2024 to a loss of DKK 16.8m in 2025. 4 other companies in the database are registered at the same address. 7 people are registered in the company's management and ownership.
Key figures · financial year 2025
Gross profitDKK 4.3m−71.5% vs. 2024
Net profit−DKK 16.8m−107.2% vs. 2024
EquityDKK 435.6m−3.7% vs. 2024
Employees3latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 72% (2024 → 2025), to DKK 4.3m.
- Net profit went from a profit of DKK 233.5m to a loss of DKK 16.8m (2024 → 2025).
- Equity fell 4% (2024 → 2025), to DKK 435.6m.
Management and owners, last 24 months
- New in management: Michael Lamberth Sandbjerg (board member, 26/06/2025), Morten Mosegaard Christensen (chair of the board, 30/09/2025) and Jørgen Dencker Wisborg (chair of the board, 26/06/2025) (+1).
- Stepped down: Jørgen Dencker Wisborg (chair of the board, 25/06/2025), Flemming Møller Rasmussen (deputy chair, 30/09/2025) and Erik Larsen (board member, 30/09/2025) (+2).
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 | −84,859 | 5,933 | 18,627 | 9,484 | 14,928 | 4,250 | −71.5% |
| Operating profit (EBIT) | −97,806 | −1,011 | 13,488 | 2,958 | 6,674 | −5,053 | −175.7% |
| Profit before tax | −99,131 | −903 | 11,304 | 5,800 | 234,723 | −43,509 | −118.5% |
| Net profit | −74,950 | −992 | 9,173 | 5,323 | 233,481 | −16,767 | −107.2% |
| Total assets | 78,301 | 128,021 | 131,661 | 134,453 | 485,445 | 480,533 | −1% |
| Equity | 45,345 | 44,353 | 53,525 | 58,849 | 452,330 | 435,563 | −3.7% |
| Liabilities | 13,329 | 62,744 | – | – | – | – | – |
| Cash and cash equivalents | 2,895 | 7,089 | 4,821 | 4,130 | 2,915 | 0 | −100% |
| Average number of employees | 1 | 1 | 1 | 1 | 2 | 1 | −50% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 06/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 06/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 10/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 13/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 01/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 28/04/2021 | 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
5 companies in the databaseComparison with the other companies in extraction of crude petroleum based on the latest financial year.
Gross profitDKK 4.3mNo. 5 of 5
Better than 0% of the companies in the industry
EquityDKK 435.6mNo. 4 of 5
Better than 25% of the companies in the industry
Number of employees3No. 4 of 5
Better than 25% 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| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 16,056of 69,742 Better than 77% | No. 511of 69,964 Better than 99% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 5,973of 10,152 Better than 41% | No. 415of 10,275 Better than 96% |
| All companies of type A/S18,025 companies in the comparison | No. 12,576of 17,786 Better than 29% | No. 801of 18,024 Better than 96% |
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 petroleumGross profit
- Danoil Exploration A/SDKK 4.3m
- Ineos E&p A/SDKK 1.9bn
- INEOS Energy (Syd Arne) ApSDKK 697.1m
Net profit
- Danoil Exploration A/S−DKK 16.8m
- Ineos E&p A/SDKK 9.6bn
- INEOS Energy (Syd Arne) ApSDKK 2.5bn
Equity
- Danoil Exploration A/SDKK 435.6m
- Ineos E&p A/SDKK 11.3bn
- INEOS Energy (Syd Arne) ApSDKK 3.3bn
Employees
- Danoil Exploration A/S3
- Ineos E&p A/S302
- 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 RegisterOwners
Danoil Exploration A/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Niels Ole Ladekær Christensen | CEO | 01/10/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Michael Lindhart Løve | Board member | 01/08/2022 |
| Michael Lamberth Sandbjerg | Board member | 26/06/2025 |
| Morten Mosegaard Christensen | Chair of the board | 30/09/2025 |
- Founders
- Poul Gunner Hviid, Palle Holst
Former management (22)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Poul Gunner Hviid | Chair of the board | 20/01/1987 | 16/06/1994 |
| Palle Holst | Board member | 20/01/1987 | 05/02/1996 |
| Palle Holst | Director | 20/01/1987 | 05/02/1996 |
| Finn Krogslund Jensen | Deputy board member | 20/01/1987 | 05/02/1996 |
| Mogens Poulsen | Director | 05/02/1996 | 03/06/2004 |
| Søren Kristian Timm | Deputy board member | 27/03/2000 | 24/04/2003 |
| Svend Aage Lykkemark Christensen | Board member | 27/03/2000 | 03/06/2004 |
| Jesper Nybo Stenager | Deputy board member | 24/04/2003 | 21/05/2008 |
| Mogens Poulsen | Chair of the board | 03/06/2004 | 17/05/2006 |
| Niels John Pedersen | Deputy board member | 03/06/2004 | 17/05/2006 |
| Svend Aage Lykkemark Christensen | Director | 03/06/2004 | 30/09/2023 |
| Jørgen Ellegaard Muusmann | Deputy chair | 17/05/2006 | 21/05/2008 |
| Jørgen Dencker Wisborg | Chair of the board | 17/05/2006 | 25/06/2025 |
| Jørgen Peter Christiansen | Board member | 17/05/2006 | 15/05/2012 |
| Flemming Møller Rasmussen | Deputy chair | 21/05/2008 | 30/09/2025 |
| Erik Larsen | Board member | 15/05/2012 | 01/08/2014 |
| Torben Bruno Pedersen | Board member | 01/08/2014 | 01/08/2017 |
| Niels Ole Ladekær Christensen | Board member | 01/08/2014 | 23/06/2023 |
| Erik Larsen | Board member | 01/08/2017 | 30/09/2025 |
| Thor Skov Jørgensen | Board member | 23/06/2023 | 18/06/2024 |
| Jørgen Dencker Wisborg | Chair of the board | 26/06/2025 | 30/09/2025 |
| Morten Mosegaard Christensen | Board member | 26/06/2025 | 29/09/2025 |
Signing rule: Selskabet tegnes af den samlede bestyrelse eller af en direktør i forening med bestyrelsesformanden.
Address and production units
1 active production unitsÅhave Parkvej 11
8260 Viby J
Aarhus Municipality · Postcode 8260
Other companies at the address (4)
- Ok A.m.b.a.Wholesale of solid, liquid and gaseous fuels and related products
- Samfinans A/SRenting and leasing of other machinery, equipment and tangible goods, not for events
- OK El ApSDistribution of electricity
- FleetGrid ApSConstruction of utility projects for electricity and telecommunications
| Production unit | Address | Employees | P number |
|---|---|---|---|
| DANOIL EXPLORATION A/S | Åhave Parkvej 11, 8260 Viby J | 3 | 1000105290 |
Purpose
Selskabets formål er at drive virksomhed med efter- forskning, indvinding og afsætning af kulbrinter og andre råstoffer indenfor og udenfor Dansk højhedsområde samt at drive transportvirksomhed. Selskabet kan erhverve interesser i og investere i andre selskaber, herunder interessentskaber og kommanditselskaber, med beslægtede formål. Selskabet kan endvidere drive investerings- og finansieringsvirksomhed
The purpose is quoted from the register in Danish.
Changes year by year
63 registered events12015
02016
22017
12018
02019
02020
12021
22022
52023
22024
102025
12026
20261 changeaccounts 1
- AccountsAnnual report for 2025 published
202510 changesmanagement 9 · accounts 1
- ManagementMorten Mosegaard Christensen appointed chair of the board
- ManagementJørgen Dencker Wisborg stepped down as chair of the board
- ManagementErik Larsen stepped down as board member
- ManagementFlemming Møller Rasmussen stepped down as deputy chair
- ManagementMorten Mosegaard Christensen stepped down as board member
- ManagementJørgen Dencker Wisborg appointed chair of the board
- ManagementMorten Mosegaard Christensen appointed board member
- ManagementMichael Lamberth Sandbjerg appointed board member
- ManagementJørgen Dencker Wisborg stepped down as chair of the board
- AccountsAnnual report for 2024 published
20242 changesmanagement 1 · accounts 1
- ManagementThor Skov Jørgensen stepped down as board member
- AccountsAnnual report for 2023 published
20235 changesmanagement 4 · accounts 1
- ManagementNiels Ole Ladekær Christensen appointed ceo
- ManagementSvend Aage Lykkemark Christensen stepped down as director
- ManagementThor Skov Jørgensen appointed board member
- ManagementNiels Ole Ladekær Christensen stepped down as board member
- AccountsAnnual report for 2022 published
20222 changesmanagement 1 · accounts 1
- ManagementMichael Lindhart Løve appointed board member
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20181 changecapital 1
- CapitalShare capital changed from 1,000,000 DKK to 1,500,000 DKK
20172 changesmanagement 2
- ManagementErik Larsen appointed board member
- ManagementTorben Bruno Pedersen stepped down as board member
20151 changecapital 1
- CapitalShare capital changed from 500,000 DKK to 1,000,000 DKK
20143 changesmanagement 3
- ManagementNiels Ole Ladekær Christensen appointed board member
- ManagementTorben Bruno Pedersen appointed board member
- ManagementErik Larsen stepped down as board member
20122 changesmanagement 2
- ManagementErik Larsen appointed board member
- ManagementJørgen Peter Christiansen stepped down as board member
20084 changesmanagement 3 · industry 1
- ManagementFlemming Møller Rasmussen appointed deputy chair
- ManagementJørgen Ellegaard Muusmann stepped down as deputy chair
- ManagementJesper Nybo Stenager stepped down as deputy board member
- IndustryIndustry changed to Extraction of crude petroleum (061000)
20071 changeaddress 1
- AddressMoved to Åhave Parkvej 11, 8260 Viby J
20065 changesmanagement 5
- ManagementJørgen Peter Christiansen appointed board member
- ManagementJørgen Ellegaard Muusmann appointed deputy chair
- ManagementJørgen Dencker Wisborg appointed chair of the board
- ManagementMogens Poulsen stepped down as chair of the board
- ManagementNiels John Pedersen stepped down as deputy board member
20045 changesmanagement 5
- ManagementMogens Poulsen appointed chair of the board
- ManagementSvend Aage Lykkemark Christensen appointed director
- ManagementNiels John Pedersen appointed deputy board member
- ManagementSvend Aage Lykkemark Christensen stepped down as board member
- ManagementMogens Poulsen stepped down as director
20033 changesmanagement 2 · industry 1
- ManagementJesper Nybo Stenager appointed deputy board member
- ManagementSøren Kristian Timm stepped down as deputy board member
- IndustryIndustry changed to Udvinding af råolie og naturgas (111000)
20002 changesmanagement 2
- ManagementSvend Aage Lykkemark Christensen appointed board member
- ManagementSøren Kristian Timm appointed deputy board member
19964 changesmanagement 4
- ManagementMogens Poulsen appointed director
- ManagementPalle Holst stepped down as board member
- ManagementFinn Krogslund Jensen stepped down as deputy board member
- ManagementPalle Holst stepped down as director
19943 changescapital 1 · management 1 · ownership 1
- CapitalShare capital changed from 5,000,000 DKK to 500,000 DKK
- ManagementPoul Gunner Hviid stepped down as chair of the board
- OwnershipOK A.M.B.A. registered as owner (100%)
19901 changecapital 1
- CapitalShare capital changed from 3,000,000 DKK to 5,000,000 DKK
19875 changesfounded 1 · management 4
- FoundedRegistered as DANOIL EXPLORATION A/S
- ManagementPalle Holst appointed board member
- ManagementFinn Krogslund Jensen appointed deputy board member
- ManagementPalle Holst appointed director
- ManagementPoul Gunner Hviid appointed chair of the board
Related companies
Same people in management
- Coop Danmark A/Svia Erik Larsen
- 365discount A/Svia Michael Lindhart Løve
- Danish Crown A/Svia Erik Larsen
- Per Aarsleff A/Svia Jørgen Dencker Wisborg
- Jp/politikens Hus A/Svia Michael Lindhart Løve
- Kamstrup A/Svia Erik Larsen
Largest in the industry
- Ineos E&p A/SDKK 1.9bn
- INEOS Energy (Syd Arne) ApSDKK 697.1m
- BlueNord Energy Denmark A/SDKK 403.7m
- TotalEnergies EP Danmark A/SDKK 309.2m
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.