Fjernvarme Horsens A/S

Public limited companyCVR 35520104HorsensActive

Fjernvarme Horsens A/S is a public limited company, based in Horsens, active in steam and air conditioning supply (district heating), founded in 2013. Net profit fell 78% from 2025 to 2026, ending at DKK 2.5m. Measured by gross profit, it ranks no. 2 of 26 companies in the industry in the database. Operations are spread over 5 production units.

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Key figures · financial year 2026

RevenueDKK 445.6m+6.3% vs. 2025
Net profitDKK 2.5m−78.2% vs. 2025
EquityDKK 14.2m+20.9% vs. 2025
Employees57latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 2% (2025 → 2026), to DKK 137.9m.
  • Revenue rose 6% (2025 → 2026), to DKK 445.6m.
  • Net profit fell 78% (2025 → 2026), to DKK 2.5m.
  • Equity rose 21% (2025 → 2026), to DKK 14.2m.

Employees

  • 2 fewer employees than a year earlier: 57 (07/2026) against 59 (07/2025).

Management and owners, last 24 months

  • New in management: Søren Sejersen Laursen (board member, 28/10/2025), Tobias Halkjær (board member, 28/10/2025) and Inge Kruse Rasmussen (board member, 01/01/2026) (+2).
  • Stepped down: Christian Niederbockstruck (director, 02/07/2026), Niels Fentz Aalund (board member, 01/01/2026) and Michael Pedersen (board member, 28/10/2025) (+2).

Registrations, last 24 months

  • 01/05/2025: Industry changed to Steam and air conditioning supply (district heating) (353000)
  • 01/01/2025: Industry changed to Production of electricity from renewable sources (351200)

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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202120222023202420252026
EquityNet profit
Financial figures for Fjernvarme Horsens A/S
202120222023202420252026Change
Revenue290,834330,973419,097418,455419,411445,628+6.3%
Gross profit90,76495,310117,521131,762141,254137,930−2.4%
Operating profit (EBIT)26,93727,78731,24338,27548,61938,342−21.1%
Profit before tax000011,2412,451−78.2%
Net profit000011,2412,451−78.2%
Total assets1,584,7411,738,4361,919,3771,936,6741,957,2041,936,140−1.1%
Equity50050050050011,74114,192+20.9%
Liabilities1,584,2411,737,9361,918,8771,936,1741,941,8541,901,366−2.1%
Cash and cash equivalents63723,3127,70024,2358,96516,259+81.4%
Average number of employees5148–555958−1.7%

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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140m202120222023202420252026
Gross profitMedian, the industry (26 companies)

Signals from the financial statements

calculated from the 2026 figures
  • Low equity ratio

    Equity makes up 1% of total assets in 2026.

    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 Fjernvarme Horsens A/S
Financial yearPeriodPublishedFigures forDocuments
202601/07/2025 – 30/06/202623/10/2026The companyPDF not statedXBRL
202501/07/2024 – 30/06/202530/10/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202430/10/2024The companyPDFXBRL
202301/07/2022 – 30/06/202309/11/2023The companyPDFXBRL
202201/07/2021 – 30/06/202210/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202116/11/2021The 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
01020304050607008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

26 companies in the database

Comparison with the other companies in steam and air conditioning supply (district heating) based on the latest financial year.

Gross profitDKK 137.9mNo. 2 of 26
Better than 96% of the companies in the industry
EquityDKK 14.2mNo. 8 of 26
Better than 72% of the companies in the industry
Number of employees57No. 3 of 26
Better than 92% of the companies in the industry

Industry median: gross profit DKK 12.7m, net profit DKK 0, equity DKK 2.9m, 10 employees.

DKK 311kDKK 1.5mDKK 7.4mDKK 35.9mDKK 103.1mHere
Distribution of gross profit for 26 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
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 360of 4,412
Better than 92%
No. 2,552of 4,466
Better than 43%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 229of 33,588
Better than 99%
No. 2,935of 33,687
Better than 91%
All companies of type A/S18,025 companies in the comparison
No. 1,151of 17,786
Better than 94%
No. 7,410of 18,024
Better than 59%

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

Steam and air conditioning supply (district heating)
Gross profit
  1. Fjernvarme Horsens A/SDKK 137.9m
  2. Kredsløb A/SDKK 174.6m
  3. Sønderborg Varme A/SDKK 129.5m
Net profit
  1. Fjernvarme Horsens A/SDKK 2.5m
  2. Kredsløb A/SDKK 0
  3. Sønderborg Varme A/SDKK 7.1m
Equity
  1. Fjernvarme Horsens A/SDKK 14.2m
  2. Kredsløb A/SDKK 412k
  3. Sønderborg Varme A/SDKK 42.6m
Employees
  1. Fjernvarme Horsens A/S57
  2. Kredsløb A/S570
  3. Sønderborg Varme A/S66

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Fjernvarme Horsens A/S

Management

14 active registrations

Executive management

Executive management at Fjernvarme Horsens A/S
NameRoleAppointed
Per Troelsgaard SlothDirector22/06/2026
Christian NiederbockstruckCEO03/07/2026

Board of directors

Board of directors at Fjernvarme Horsens A/S
NameRoleAppointed
Jørgen PommerenckeBoard member09/10/2013
Thorkild Steen SørensenBoard member09/01/2015
Lars Bentzon GoldschmidtChair of the board29/06/2015
Kim BergmannBoard member31/01/2020
Jens Søndergaard KristensenBoard member25/10/2021
Jane NielsenBoard member25/10/2021
Jens GlavindDeputy chair25/10/2022
Rasmus Sielemann ChristensenBoard member24/10/2024
Lea WermelinBoard member24/10/2024
Søren Sejersen LaursenBoard member28/10/2025
Tobias HalkjærBoard member28/10/2025
Inge Kruse RasmussenBoard member01/01/2026
Founders
Dagnæs-bækkelund Varmeværk, Fjernvarme Horsens A.m.b.A
Former management (20)
Former management at Fjernvarme Horsens A/S
NameRoleAppointedResigned
Christian NiederbockstruckBoard member09/10/201309/01/2015
Christian NiederbockstruckDirector09/10/201302/07/2026
Jørn Søndergaard SørensenDirector09/10/201313/03/2014
Jens GlavindBoard member04/11/201324/10/2022
Jannik AntonsenBoard member04/11/201324/10/2024
Peter Sønderby Westphal SørensenBoard member18/12/201311/12/2017
Lars Illum StachelhausDirector13/03/201418/05/2015
Carsten Krogh SchrøderDeputy chair09/01/201517/05/2015
Niels Karl GrønlundChair of the board09/01/201517/05/2015
Carsten Krogh SchrøderChair of the board18/05/201528/06/2015
Niels Karl GrønlundBoard member18/05/201528/06/2015
Carsten Krogh SchrøderDeputy chair29/06/201524/10/2022
Niels Karl GrønlundBoard member29/06/201528/11/2019
Niels Fentz AalundBoard member11/12/201701/01/2026
Malene Mølgaard HoltBoard member25/10/202108/10/2024
Jesper Skov IversenBoard member25/10/202103/02/2022
Michael PedersenBoard member03/02/202228/10/2025
Carsten Krogh SchrøderBoard member25/10/202224/10/2024
Peter Sønderby Westphal SørensenBoard member06/12/202201/01/2026
Søren Brandt-HansenBoard member08/10/202428/10/2025

Signing rule: Selskabet tegnes af 2 direktører i forening eller af 1 direktør i forening med bestyrelsesformanden eller næstformanden, eller af den samlede bestyrelse.

Address and production units

5 active production units

Endelavevej 7
8700 Horsens

Horsens Municipality · Postcode 8700

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
FJERNVARME HORSENS A/SEndelavevej 7, 8700 Horsens601018867741
Central GlentevejGlentevej 8, 8700 Horsens01021135816
Central Høegh Guldbergs GadeHøegh Guldbergs Gade 20, 8700 Horsens–1031290887
Central LangmarksvejLangmarksvej 84, 8700 Horsens–1031290895
Central ØstergadeØstergade 14, 8700 Horsens–1031290860

Purpose

Selskabets formål er at: - producere, distribuere, levere og handle med varme, energi og andre forsyningsydelser inden for ejerkredsens forsyningsområde samt tilknyttede områder, - eje, etablere, drive, vedligeholde, udvikle og udbygge energiproduktionsanlæg, forsyningsnet, tekniske installationer og tilhørende infrastruktur, - udføre drift, administration, service-, vedligeholdelses- og rådgivningsopgaver for ejerkredsen, - deltage i udvikling, etablering og drift af projekter inden for energi, forsyning, energieffektivisering, sektorkobling, lagring, digitalisering og grøn omstilling, - eje kapitalandele i selskaber og projekter, der understøtter selskabets formål, - udøve anden virksomhed, som efter bestyrelsens vurdering har naturlig tilknytning til eller understøtter selskabets forsyningsmæssige, tekniske eller kommercielle aktiviteter, - samt drive anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

67 registered events
20267 changesaccounts 1 · management 6
  • Annual report for 2026 published
  • Christian Niederbockstruck appointed ceo
  • Christian Niederbockstruck stepped down as director
  • Per Troelsgaard Sloth appointed director
  • Inge Kruse Rasmussen appointed board member
  • Peter Sønderby Westphal Sørensen stepped down as board member
  • Niels Fentz Aalund stepped down as board member
20257 changesaccounts 1 · management 4 · industry 2
  • Annual report for 2025 published
  • Tobias Halkjær appointed board member
  • Søren Sejersen Laursen appointed board member
  • Søren Brandt-Hansen stepped down as board member
  • Michael Pedersen stepped down as board member
  • Industry changed to Steam and air conditioning supply (district heating) (353000)
  • Industry changed to Production of electricity from renewable sources (351200)
20247 changesaccounts 1 · management 6
  • Annual report for 2024 published
  • Rasmus Sielemann Christensen appointed board member
  • Lea Wermelin appointed board member
  • Carsten Krogh Schrøder stepped down as board member
  • Jannik Antonsen stepped down as board member
  • Søren Brandt-Hansen appointed board member
  • Malene Mølgaard Holt stepped down as board member
20231 changeaccounts 1
  • Annual report for 2023 published
20228 changesmanagement 7 · accounts 1
  • Peter Sønderby Westphal Sørensen appointed board member
  • Annual report for 2022 published
  • Carsten Krogh Schrøder appointed board member
  • Jens Glavind appointed deputy chair
  • Carsten Krogh Schrøder stepped down as deputy chair
  • Jens Glavind stepped down as board member
  • Michael Pedersen appointed board member
  • Jesper Skov Iversen stepped down as board member
20215 changesaccounts 1 · management 4
  • Annual report for 2021 published
  • Malene Mølgaard Holt appointed board member
  • Jesper Skov Iversen appointed board member
  • Jane Nielsen appointed board member
  • Jens Søndergaard Kristensen appointed board member
20201 changemanagement 1
  • Kim Bergmann appointed board member
20191 changemanagement 1
  • Niels Karl Grønlund stepped down as board member
20172 changesmanagement 2
  • Niels Fentz Aalund appointed board member
  • Peter Sønderby Westphal Sørensen stepped down as board member
201516 changesname 1 · management 14 · ownership 1
  • Name changed from HKV HORSENS A/S to FJERNVARME HORSENS A/S
  • Carsten Krogh Schrøder appointed deputy chair
  • Niels Karl Grønlund appointed board member
  • Lars Bentzon Goldschmidt appointed chair of the board
  • Niels Karl Grønlund stepped down as board member
  • Carsten Krogh Schrøder stepped down as chair of the board
  • Niels Karl Grønlund appointed board member
  • Carsten Krogh Schrøder appointed chair of the board
  • Lars Illum Stachelhaus stepped down as director
  • Fjernvarme Horsens A.m.b.A registered as owner (100%)
  • Niels Karl Grønlund stepped down as chair of the board
  • Carsten Krogh Schrøder stepped down as deputy chair
  • Thorkild Steen Sørensen appointed board member
  • Niels Karl Grønlund appointed chair of the board
  • Carsten Krogh Schrøder appointed deputy chair
  • Christian Niederbockstruck stepped down as board member
20142 changesmanagement 2
  • Lars Illum Stachelhaus appointed director
  • Jørn Søndergaard Sørensen stepped down as director
201310 changesmanagement 7 · address 1 · industry 1 · founded 1
  • Peter Sønderby Westphal Sørensen appointed board member
  • Moved to Endelavevej 7, 8700 Horsens
  • Jannik Antonsen appointed board member
  • Jens Glavind appointed board member
  • Industry changed to Production of electricity from non-renewable sources (351100)
  • Registered as HKV HORSENS A/S
  • Christian Niederbockstruck appointed board member
  • Jørgen Pommerencke appointed board member
  • Jørn Søndergaard Sørensen appointed director
  • Christian Niederbockstruck appointed director

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Same people in management

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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