Energy Risk Management Holding A/S

Public limited companyCVR 41921951KoldingActive

Energy Risk Management Holding A/S is a public limited company, based in Kolding, active in non-financial holding companies, founded in 2020. Net profit fell 29% from 2024 to 2025, ending at DKK 2.4m. With 6 employees, the company is about 6 times larger than the industry median. Equity grew to DKK 8.2m in 2025.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 5.5m+25.4% vs. 2024

Net profitDKK 2.4m−29.1% vs. 2024

EquityDKK 8.2m+17.8% vs. 2024

Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 25% (2024 → 2025), to DKK 5.5m.
Net profit fell 29% (2024 → 2025), to DKK 2.4m.
Equity rose 18% (2024 → 2025), to DKK 8.2m.

Management and owners, last 24 months

New owners registered: Toft Management ApS (28/02/2025), HEHC Holding ApS (28/02/2025) and HEHC Holding ApS (10/12/2024).
No longer registered as owner: Hans Erik Hjulmand Christensen (10/12/2024), Toft Management ApS (27/02/2025) and HEHC Holding ApS (27/02/2025).

Registrations, last 24 months

27/01/2025: Share capital changed from 12,000,000 DKK to 10,800,000 DKK
16/12/2024: Moved to Petersbjerggård 4, 1. th, 6000 Kolding

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 2021–2025 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for Energy Risk Management Holding A/S
	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	–
Gross profit	−11	−55	2,257	4,374	5,486	+25.4%
Operating profit (EBIT)	–	–	–	–	3,142	–
Profit before tax	−4,539	−3,372	−114	4,016	3,127	−22.1%
Net profit	−4,539	−3,372	−566	3,438	2,436	−29.1%
Total assets	10,320	7,880	3,717	8,128	9,322	+14.7%
Equity	4,461	4,089	3,523	6,962	8,198	+17.8%
Liabilities	5,859	3,791	193	1,166	1,109	−4.9%
Cash and cash equivalents	113	1,793	2,574	5,000	3,648	−27%
Average number of employees	0	0	0	3	4	+33.3%

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 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

Compare with the industry (2,138 companies)

Gross profitMedian, the industry (2,138 companies)

Annual reports

5 financial years

Annual reports for Energy Risk Management Holding A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	01/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	26/05/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	03/06/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	29/06/2023	The company	PDF XBRL
2021	07/12/2020 – 31/12/2021	30/06/2022	The company	PDF XBRL

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

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 5.5mNo. 287 of 2,093

Better than 86% of the companies in the industry

EquityDKK 8.2mNo. 1606 of 2,138

Better than 25% of the companies in the industry

Number of employees6No. 290 of 2,138

Better than 86% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 11,984of 69,742 Better than 83%	No. 10,310of 69,964 Better than 85%
Same industry and fewer than 20 employees2,092 companies in the comparison	No. 254of 2,048 Better than 88%	No. 1,570of 2,092 Better than 25%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 7,968of 33,588 Better than 76%	No. 4,278of 33,687 Better than 87%
All companies of type A/S18,025 companies in the comparison	No. 11,576of 17,786 Better than 35%	No. 9,544of 18,024 Better than 47%

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

Energy Risk Management Holding A/SDKK 5.5m
Heartland A/SDKK 19.9bn
Andel A.M.B.A.DKK 5.6bn

Net profit

Energy Risk Management Holding A/SDKK 2.4m
Heartland A/SDKK 4.9bn
Andel A.M.B.A.−DKK 2.9bn

Equity

Energy Risk Management Holding A/SDKK 8.2m
Heartland A/SDKK 39.2bn
Andel A.M.B.A.DKK 29.5bn

Employees

Energy Risk Management Holding A/S6
Heartland A/S34
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

Toft Management ApS5%
HEHC Holding ApS90%

Energy Risk Management Holding A/S

Management

5 active registrations

Executive management

Executive management at Energy Risk Management Holding A/S
Name	Role	Appointed
Hans Erik Hjulmand Christensen	Director	07/12/2020

Board of directors

Board of directors at Energy Risk Management Holding A/S
Name	Role	Appointed
Hans Erik Hjulmand Christensen	Board member	07/12/2020
Jette Frydenlund Jørgensen	Board member	15/10/2021
Christian Lind Rathcke	Chair of the board	10/11/2021
Preben Clausager Hjulmand Toft	Board member	01/09/2022

Auditor: Beierholm Godkendt Revisionspartnerselskab
Founders: Hans Erik Hjulmand Christensen

Former management (3)

Former management at Energy Risk Management Holding A/S
Name	Role	Appointed	Resigned
Lone Toft Hjulmand	Board member	07/12/2020	14/10/2021
Jarl Thorbjørn Kristensen	Chair of the board	07/12/2020	15/10/2021
Lone Toft Hjulmand	Chair of the board	15/10/2021	10/11/2021

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

Address and production units

1 active production units

Petersbjerggård 4
6000 Kolding

Kolding Municipality · Postcode 6000

Production units
Production unit	Address	Industry	Employees	P number
Energy Risk Management Holding A/S	Petersbjerggård 4, 1. th, 6000 Kolding	Non-financial holding companies	6	1026559967

Purpose

Selskabets formål er gennem handel og investering, direkte såvel som indirekte, i selskaber med beslægtede formål at drive handel med energi, samt al virksomhed, som efter ledelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events

62020

72021

62022

12023

42024

62025

12026

20261 changeaccounts 1

01/06AccountsAnnual report for 2025 published

20256 changesaccounts 1 · ownership 4 · capital 1

26/05AccountsAnnual report for 2024 published
28/02OwnershipTOFT MANAGEMENT ApS registered as owner (5%)
28/02OwnershipHEHC Holding ApS registered as owner (90%)
27/02OwnershipHEHC Holding ApS is no longer registered as owner
27/02OwnershipTOFT MANAGEMENT ApS is no longer registered as owner
27/01CapitalShare capital changed from 12,000,000 DKK to 10,800,000 DKK

20244 changesaddress 1 · ownership 2 · accounts 1

16/12AddressMoved to Petersbjerggård 4, 1. th, 6000 Kolding
10/12OwnershipHEHC Holding ApS registered as owner (66.67%)
10/12OwnershipHans Erik Hjulmand Christensen is no longer registered as owner
03/06AccountsAnnual report for 2023 published

20231 changeaccounts 1

29/06AccountsAnnual report for 2022 published

20226 changescapital 1 · management 1 · ownership 3 · accounts 1

01/09CapitalShare capital changed from 9,000,000 DKK to 12,000,000 DKK
01/09ManagementPreben Clausager Hjulmand Toft appointed board member
01/09OwnershipHans Erik Hjulmand Christensen registered as owner (66.67%)
01/09OwnershipTOFT MANAGEMENT ApS registered as owner (10%)
31/08OwnershipHans Erik Hjulmand Christensen is no longer registered as owner
30/06AccountsAnnual report for 2021 published

20217 changesmanagement 6 · address 1

10/11ManagementChristian Lind Rathcke appointed chair of the board
10/11ManagementLone Toft Hjulmand stepped down as chair of the board
15/10ManagementLone Toft Hjulmand appointed chair of the board
15/10ManagementJette Frydenlund Jørgensen appointed board member
15/10ManagementJarl Thorbjørn Kristensen stepped down as chair of the board
14/10ManagementLone Toft Hjulmand stepped down as board member
06/09AddressMoved to Olaf Ryes Gade 7K, 1. 1, 6000 Kolding

20206 changesfounded 1 · management 4 · ownership 1

07/12FoundedRegistered as Energy Risk Management Holding A/S
07/12ManagementHans Erik Hjulmand Christensen appointed board member
07/12ManagementJarl Thorbjørn Kristensen appointed chair of the board
07/12ManagementHans Erik Hjulmand Christensen appointed director
07/12ManagementLone Toft Hjulmand appointed board member
07/12OwnershipHans Erik Hjulmand Christensen registered as owner (100%)

Related companies

Same industry in Kolding

See all →

Same people in management

A/S Global Risk Management Ltd.via Hans Erik Hjulmand Christensen
Hansen Toft A/Svia Preben Clausager Hjulmand Toft

Largest in the industry

See all →

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.

View in CVR Report a correction