Fenagy A/S
Public limited companyCVR 41457341LystrupActive
Fenagy A/S is a public limited company, based in Lystrup, active in manufacture of ovens, furnaces and furnace burners, founded in 2020. Net profit rose 51% from 2024 to 2025, ending at DKK 39.2m. Measured by gross profit, it ranks no. 1 of 26 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 34% (2024 → 2025), to DKK 116.5m.
- Revenue rose 13% (2024 → 2025), to DKK 344.6m.
- Net profit rose 51% (2024 → 2025), to DKK 39.2m.
- Equity rose 31% (2024 → 2025), to DKK 81.4m.
Employees
- 22 more employees than a year earlier: 109 (07/2026) against 87 (07/2025).
Registrations, last 24 months
- 20/10/2026: Share capital changed from 674,000 DKK to 690,000 DKK
- 27/06/2025: Share capital changed from 666,000 DKK to 674,000 DKK
- 01/01/2025: Industry changed to Manufacture of ovens, furnaces and furnace burners (282100)
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 thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | 30,389 | 104,218 | 219,976 | 304,169 | 344,555 | +13.3% |
| Gross profit | 8,727 | 27,502 | 55,980 | 87,143 | 116,507 | +33.7% |
| Operating profit (EBIT) | −2,351 | 2,912 | 18,759 | 33,806 | 50,053 | +48.1% |
| Profit before tax | −2,465 | 2,649 | 17,700 | 33,319 | 50,194 | +50.6% |
| Net profit | −1,509 | 2,066 | 13,806 | 25,989 | 39,152 | +50.6% |
| Total assets | 26,274 | 64,021 | 118,007 | 145,219 | 166,543 | +14.7% |
| Equity | 20,376 | 22,442 | 36,248 | 62,236 | 81,408 | +30.8% |
| Liabilities | 5,898 | 38,707 | 73,053 | 67,850 | 73,904 | +8.9% |
| Cash and cash equivalents | 6,371 | 51 | 50 | 192 | 257 | +34.3% |
| Average number of employees | 11 | 33 | 51 | 71 | 88 | +23.9% |
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
Annual reports
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 05/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 27/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 19/02/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 23/02/2023 | The company | PDFXBRL |
| 2021 | 01/07/2020 – 31/12/2021 | 04/05/2022 | 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
26 companies in the databaseComparison with the other companies in manufacture of ovens, furnaces and furnace burners based on the latest financial year.
Industry median: gross profit DKK 15.3m, net profit DKK 1.6m, equity DKK 13.5m, 17 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 491of 4,412 Better than 89% | No. 812of 4,466 Better than 82% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 269of 33,588 Better than 99% | No. 821of 33,687 Better than 98% |
| All companies of type A/S18,025 companies in the comparison | No. 1,356of 17,786 Better than 92% | No. 2,622of 18,024 Better than 85% |
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
Manufacture of ovens, furnaces and furnace burnersLatest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Kick Green Invest ApS33.33%
- Storm Energy ApS5%
- Skaarup Nielsen Holding ApS5%
- Beijer Ref AB (Publ)50%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kim Gardø Christensen | Director | 01/07/2020 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Klaus Nørgaard | Board member | 01/07/2020 |
| Kim Gardø Christensen | Board member | 01/07/2020 |
| Per Olaf Göran Bertland | Chair of the board | 27/11/2020 |
| Nicola Pignatelli | Board member | 01/07/2021 |
| Lars Jonas Steen | Board member | 11/09/2024 |
- Founders
- Kick Green Invest ApS
Former management (4)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Anne Sophie Christensen | Board member | 01/07/2020 | 01/10/2020 |
| Mads Holst Nielsen | Board member | 01/10/2020 | 01/07/2021 |
| Jacob Skaarup Nielsen | Board member | 01/10/2020 | 01/07/2021 |
| Simon Andrej Karlin | Board member | 27/11/2020 | 11/09/2024 |
Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med selskabets direktør, af selskabets direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
1 active production unitsRokhøj 7
8520 Lystrup
| Production unit | Address | Employees | P number |
|---|---|---|---|
| FENAGY A/S | Rokhøj 7, 8520 Lystrup | 119 | 1025957780 |
Purpose
Selskabets formål er at drive virksomhed med udvikling, design, fremstilling og salg af el-drevne varmepumper og termiske anlæg samt efter bestyrelsens vurdering hermed forbundet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
41 registered events20262 changescapital 1 · accounts 1
- CapitalShare capital changed from 674,000 DKK to 690,000 DKK
- AccountsAnnual report for 2025 published
20253 changescapital 1 · accounts 1 · industry 1
- CapitalShare capital changed from 666,000 DKK to 674,000 DKK
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Manufacture of ovens, furnaces and furnace burners (282100)
20243 changesmanagement 2 · accounts 1
- ManagementLars Jonas Steen appointed board member
- ManagementSimon Andrej Karlin stepped down as board member
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20223 changesaddress 2 · accounts 1
- AddressMoved to Rokhøj 7, 8520 Lystrup
- AddressMoved to Bautavej 1A, Hasle, 8210 Aarhus V
- AccountsAnnual report for 2021 published
202113 changescapital 2 · management 3 · ownership 8
- CapitalShare capital changed from 506,000 DKK to 666,000 DKK
- ManagementNicola Pignatelli appointed board member
- ManagementMads Holst Nielsen stepped down as board member
- ManagementJacob Skaarup Nielsen stepped down as board member
- OwnershipBeijer Ref AB (Publ) registered as owner (50%)
- OwnershipKick Green Invest ApS registered as owner (33.33%)
- OwnershipStorm Energy ApS registered as owner (5%)
- OwnershipSkaarup Nielsen Holding ApS registered as owner (5%)
- OwnershipBeijer Ref AB (Publ) is no longer registered as owner
- OwnershipSkaarup Nielsen Holding ApS is no longer registered as owner
- OwnershipStorm Energy ApS is no longer registered as owner
- OwnershipKick Green Invest ApS is no longer registered as owner
- CapitalShare capital changed from 453,000 DKK to 506,000 DKK
202016 changescapital 1 · management 9 · ownership 4 · status 1 · founded 1
- CapitalShare capital changed from 400,000 DKK to 453,000 DKK
- ManagementSimon Andrej Karlin appointed board member
- ManagementPer Olaf Göran Bertland appointed chair of the board
- OwnershipBeijer Ref AB (Publ) registered as owner (20%)
- ManagementMads Holst Nielsen appointed board member
- ManagementJacob Skaarup Nielsen appointed board member
- ManagementAnne Sophie Christensen stepped down as board member
- OwnershipSkaarup Nielsen Holding ApS registered as owner (10%)
- OwnershipStorm Energy ApS registered as owner (10%)
- StatusStatus changed to active
- ManagementKim Gardø Christensen appointed director
- ManagementKlaus Nørgaard appointed board member
- ManagementAnne Sophie Christensen appointed board member
- ManagementKim Gardø Christensen appointed board member
- OwnershipKick Green Invest ApS registered as owner (50%)
- FoundedRegistered as FENAGY A/S
Related companies
Same people in management
- Advansor A/Svia Kim Gardø Christensen
- Ak-centralen A/Svia Kim Gardø Christensen
- Visblue A/Svia Kim Gardø Christensen
- Pure Algae Denmark ApSvia Klaus Nørgaard
- Björna ApSvia Klaus Nørgaard
- Enyday APSvia Kim Gardø Christensen
Largest in the industry
- Hwam A/SDKK 72.5m
- Heta A/SDKK 68.9m
- Danstoker A/SDKK 57.7m
- Rais A/SDKK 57m
- Morsø Jernstøberi A/SDKK 40.9m
- Linka Energy A/SDKK 33.3m
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.