Flow Elnet A/S
Public limited companyCVR 25119150SvendborgActive
Flow Elnet A/S is a public limited company, based in Svendborg, active in distribution of electricity, founded in 1999. Net profit rose 891% from 2024 to 2025, ending at DKK 11.3m. Equity grew to DKK 104.7m in 2025. 3 other companies in the database are registered at the same address.
Key figures · financial year 2025
RevenueDKK 75.2m+5.3% vs. 2024
Net profitDKK 11.3m+890.9% vs. 2024
EquityDKK 104.7m+21.5% vs. 2024
Employees29latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 11% (2024 → 2025), to DKK 29.7m.
- Revenue rose 5% (2024 → 2025), to DKK 75.2m.
- Net profit rose 891% (2024 → 2025), to DKK 11.3m.
- Equity rose 22% (2024 → 2025), to DKK 104.7m.
Management and owners, last 24 months
- New in management: Martin Brandt Larsen (board member, 12/12/2025), Lars Peder Foged (ceo, 01/02/2026) and Jan Bruhn Andersen (chair of the board, 07/05/2026) (+8).
- Stepped down: Lars Friis Jørgensen (board member, 07/05/2026), Torben Per Jensen (board member, 26/01/2026) and Helle Wisbech (deputy board member, 07/05/2026) (+13).
Registrations, last 24 months
- 17/09/2025: Moved to Fåborgvej 44, 5700 Svendborg
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 | 42,826 | 54,791 | 71,750 | 73,938 | 71,396 | 75,203 | +5.3% |
| Gross profit | 5,360 | 16,284 | 16,731 | 31,892 | 26,670 | 29,721 | +11.4% |
| Operating profit (EBIT) | −4,919 | 6,662 | 2,982 | 21,008 | 12,433 | 18,211 | +46.5% |
| Profit before tax | −12,635 | −1,061 | −4,499 | 12,667 | 6,327 | 11,442 | +80.8% |
| Net profit | −10,500 | −450 | −3,292 | 4,459 | 1,136 | 11,253 | +890.9% |
| Total assets | 391,690 | 376,725 | 413,380 | 416,597 | 400,585 | 493,114 | +23.1% |
| Equity | 24,295 | 30,722 | 89,871 | 86,678 | 86,176 | 104,717 | +21.5% |
| Liabilities | 364,167 | 341,935 | 322,399 | 329,919 | 314,409 | 388,396 | +23.5% |
| Cash and cash equivalents | 60,803 | 31,125 | 21,019 | 50,505 | 856 | 56 | −93.4% |
| Average number of employees | 25 | 24 | 25 | 27 | 26 | 24 | −7.7% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 01/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 28/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 29/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 19/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 22/04/2021 | 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
18 companies in the databaseComparison with the other companies in distribution of electricity based on the latest financial year.
Gross profitDKK 29.7mNo. 14 of 18
Better than 24% of the companies in the industry
EquityDKK 104.7mNo. 13 of 18
Better than 29% of the companies in the industry
Number of employees29No. 11 of 18
Better than 41% of the companies in the industry
Industry median: gross profit DKK 127.7m, net profit DKK 25m, equity DKK 1bn, 33 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 1,380of 9,892 Better than 86% | No. 329of 9,922 Better than 97% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 2,386of 24,791 Better than 90% | No. 1,302of 24,909 Better than 95% |
| All companies of type A/S18,025 companies in the comparison | No. 4,441of 17,786 Better than 75% | No. 2,197of 18,024 Better than 88% |
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
Distribution of electricityGross profit
- Flow Elnet A/SDKK 29.7m
- N1 A/SDKK 1.8bn
- Radius Elnet A/SDKK 1.6bn
Net profit
- Flow Elnet A/SDKK 11.3m
- N1 A/SDKK 387.2m
- Radius Elnet A/SDKK 512.1m
Equity
- Flow Elnet A/SDKK 104.7m
- N1 A/SDKK 6.2bn
- Radius Elnet A/SDKK 3.9bn
Employees
- Flow Elnet A/S29
- N1 A/S837
- Radius Elnet A/S39
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
Flow Elnet A/S
Management
11 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Henning Rask | Director | 01/10/2023 |
| Lars Peder Foged | CEO | 01/02/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Bjarne Wedfald Olsen | Board member | 23/04/2015 |
| Martin Brandt Larsen | Board member | 12/12/2025 |
| Jan Bruhn Andersen | Chair of the board | 07/05/2026 |
| Rasmus Thomsen Ingstrup | Board member | 07/05/2026 |
| Johan Weltzin Kristensen | Deputy chair | 07/05/2026 |
| Morten von Fintel Petersen | Board member | 07/05/2026 |
| Kristine Andersen Johansen | Board member | 07/05/2026 |
| Henrik Møller Jørgensen | Board member | 07/09/2026 |
| André Bryde Alnor | Board member | 07/09/2026 |
- Founders
- Sydfyns Elforsyning.
Former management (73)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Poul Anders Kromann | Board member | 15/12/1999 | 22/04/2010 |
| Hans Skjerning | Board member | 15/12/1999 | 04/04/2002 |
| Flemming Jensen | Board member | 15/12/1999 | 22/04/2010 |
| Bent Skovlund | Deputy chair | 15/12/1999 | 04/04/2002 |
| Gert Søren Rasmussen | Board member | 15/12/1999 | 04/04/2002 |
| Aksel Pedersen | Director | 15/12/1999 | 02/05/2006 |
| Per Dalgaard Jensen | Board member | 15/12/1999 | 09/03/2006 |
| Jacob Tjørntved Davidsen | Board member | 15/12/1999 | 09/03/2006 |
| Povl Eigil Ullegård | Deputy chair | 04/04/2002 | 11/03/2004 |
| Flemming Ejde Nielsen | Board member | 04/04/2002 | 26/04/2007 |
| Guri Anette Krøis | Chair of the board | 04/04/2002 | 22/05/2014 |
| Knud Bundgaard Clemmensen | Board member | 04/04/2002 | 01/05/2018 |
| Ulla Birgit Larsen | Board member | 11/03/2004 | 26/04/2007 |
| Erik Ullemose | Deputy chair | 06/04/2004 | 26/04/2007 |
| Anders Jørgen Banke | Director | 02/05/2006 | 24/01/2023 |
| Jeppe Ottosen | Board member | 26/04/2007 | 22/04/2010 |
| Morten Steen Petersen | Deputy chair | 26/04/2007 | 22/04/2010 |
| Hans Erik Musak Pedersen | Board member | 22/04/2010 | 02/05/2018 |
| Torben Birger Nielsen | Board member | 22/04/2010 | 22/05/2014 |
| Torben Per Jensen | Board member | 22/04/2010 | 22/05/2014 |
| Lars Peder Foged | Deputy chair | 22/05/2014 | 24/01/2023 |
| Frank Brade Jørgensen | Board member | 22/05/2014 | 29/01/2015 |
| Jesper Ullemose | Deputy board member | 22/05/2014 | 02/05/2018 |
| Stina Løndahl Henriksen | Board member | 22/05/2014 | 21/03/2024 |
| Søren Henrik Bøving-Andersen | Chair of the board | 22/05/2014 | 20/03/2024 |
| John Andersen | Board member | 22/05/2014 | 22/04/2015 |
| Villiam Egon Hansen | Board member | 22/05/2014 | 02/05/2018 |
| Lars Friis Jørgensen | Board member | 22/05/2014 | 07/05/2026 |
| Jacob Brixtofte Hagn-Meincke | Board member | 22/05/2014 | 02/05/2018 |
| Kirsten Sohnesen | Board member | 22/05/2014 | 27/11/2014 |
| Jørgen Kastalag Magnussen | Board member | 27/11/2014 | 02/05/2018 |
| Kim Galsgaard | Board member | 29/01/2015 | 05/05/2022 |
| Frank Brade Jørgensen | Deputy board member | 23/04/2015 | 02/05/2018 |
| John Andersen | Deputy board member | 23/04/2015 | 31/03/2016 |
| Hanne Bering Jensen | Deputy board member | 31/03/2016 | 02/05/2018 |
| Mogens Arnfeldt | Deputy board member | 31/03/2016 | 02/05/2018 |
| Jacob Dalgaard Jensen | Deputy board member | 31/03/2016 | 02/05/2018 |
| Dorthe Lynge Ullemose | Deputy board member | 31/03/2016 | 02/05/2018 |
| Bjarne Kremmer Elnegaard | Deputy board member | 31/03/2016 | 01/05/2018 |
| Jan Bruhn Andersen | Board member | 02/05/2018 | 20/03/2024 |
| Martin Brandt Larsen | Deputy board member | 02/05/2018 | 20/03/2024 |
| Anders Lerwick Theisen | Board member | 02/05/2018 | 05/05/2022 |
| Astrid Ejlersen | Deputy board member | 02/05/2018 | 20/03/2024 |
| Torben Per Jensen | Board member | 02/05/2018 | 26/01/2026 |
| Ole Laugesen | Deputy board member | 02/05/2018 | 05/05/2022 |
| Knud Bundgaard Clemmensen | Deputy board member | 02/05/2018 | 05/05/2022 |
| Jakob Horstmann | Board member | 02/05/2018 | 07/10/2022 |
| Bjarne Kremmer Elnegaard | Deputy board member | 02/05/2018 | 05/05/2022 |
| Rasmus Christian Hansen | Board member | 02/05/2018 | 05/10/2022 |
| Mike Gallagher Fraser | Deputy board member | 02/05/2018 | 21/03/2024 |
| Jean Kim Eske | Deputy board member | 02/05/2018 | 05/05/2022 |
| Karina Mejer Eriksen | Deputy board member | 02/05/2018 | 31/12/2020 |
| Steen Poulsen | Deputy board member | 02/05/2018 | 25/03/2021 |
| Helle Wisbech | Deputy board member | 05/05/2022 | 07/05/2026 |
| Niels-Ove Lund Egedal | Deputy board member | 05/05/2022 | 03/01/2023 |
| Per Rygaard | Board member | 05/05/2022 | 04/01/2023 |
| Jonas Ejlertsen | Board member | 05/05/2022 | 07/05/2026 |
| Johan Weltzin Kristensen | Deputy board member | 05/05/2022 | 20/03/2024 |
| Morten von Fintel Petersen | Deputy board member | 05/05/2022 | 07/10/2022 |
| Brian Bønnelykke | Deputy board member | 05/05/2022 | 07/10/2022 |
| Lars Jørn Hvilsom | Deputy board member | 05/05/2022 | 07/05/2026 |
| Niels-Ove Lund Egedal | Board member | 04/01/2023 | 07/05/2026 |
| Lars Peder Foged | Board member | 25/01/2023 | 07/05/2026 |
| Lars Peder Foged | CEO | 25/01/2023 | 31/01/2024 |
| Jens Christian Lundholt | CEO | 01/02/2024 | 31/01/2026 |
| Torben Ellegaard | Chair of the board | 21/03/2024 | 07/05/2026 |
| Jan Bruhn Andersen | Deputy chair | 21/03/2024 | 16/12/2025 |
| Martin Brandt Larsen | Deputy board member | 21/03/2024 | 11/12/2025 |
| Astrid Ejlersen | Deputy board member | 21/03/2024 | 07/05/2026 |
| Søren Henrik Bøving-Andersen | Board member | 21/03/2024 | 12/12/2025 |
| Johan Weltzin Kristensen | Deputy board member | 21/03/2024 | 06/05/2026 |
| Jan Bruhn Andersen | Board member | 17/12/2025 | 06/05/2026 |
| Torben Per Jensen | Deputy chair | 27/01/2026 | 07/05/2026 |
Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsens formand eller næstformand eller af den samlede bestyrelse.
Address and production units
1 active production unitsFåborgvej 44
5700 Svendborg
Svendborg Municipality · Postcode 5700
Other companies at the address (3)
- Sef A/SActivities of non-financial head offices
- Sef Energi A/SOther trade in electricity
- Nærvarme Danmark A/SElectrical installation
| Production unit | Address | Employees | P number |
|---|---|---|---|
| FLOW ELNET A/S | Fåborgvej 44, 5700 Svendborg | 29 | 1007327761 |
Purpose
Selskabets formål er- på grundlag af en meddelt bevilling - at udøve virksomhed med drift af distributionsnet, jf. lov om elforsyning nr. 375 af 2. juni 1999, kapitel 4.
The purpose is quoted from the register in Danish.
Changes year by year
126 registered events52015
72016
02017
242018
02019
12020
22021
202022
72023
152024
72025
232026
202623 changesmanagement 22 · accounts 1
- ManagementAndré Bryde Alnor appointed board member
- ManagementHenrik Møller Jørgensen appointed board member
- ManagementMorten von Fintel Petersen appointed board member
- ManagementJohan Weltzin Kristensen appointed deputy chair
- ManagementRasmus Thomsen Ingstrup appointed board member
- ManagementJan Bruhn Andersen appointed chair of the board
- ManagementKristine Andersen Johansen appointed board member
- ManagementTorben Per Jensen stepped down as deputy chair
- ManagementTorben Ellegaard stepped down as chair of the board
- ManagementAstrid Ejlersen stepped down as deputy board member
- ManagementLars Peder Foged stepped down as board member
- ManagementNiels-Ove Lund Egedal stepped down as board member
- ManagementLars Jørn Hvilsom stepped down as deputy board member
- ManagementJonas Ejlertsen stepped down as board member
- ManagementHelle Wisbech stepped down as deputy board member
- ManagementLars Friis Jørgensen stepped down as board member
- ManagementJan Bruhn Andersen stepped down as board member
- ManagementJohan Weltzin Kristensen stepped down as deputy board member
- AccountsAnnual report for 2025 published
- ManagementLars Peder Foged appointed ceo
- ManagementJens Christian Lundholt stepped down as ceo
- ManagementTorben Per Jensen appointed deputy chair
- ManagementTorben Per Jensen stepped down as board member
20257 changesmanagement 5 · address 1 · accounts 1
- ManagementJan Bruhn Andersen appointed board member
- ManagementJan Bruhn Andersen stepped down as deputy chair
- ManagementMartin Brandt Larsen appointed board member
- ManagementSøren Henrik Bøving-Andersen stepped down as board member
- ManagementMartin Brandt Larsen stepped down as deputy board member
- AddressMoved to Fåborgvej 44, 5700 Svendborg
- AccountsAnnual report for 2024 published
202415 changesaccounts 1 · management 14
- AccountsAnnual report for 2023 published
- ManagementTorben Ellegaard appointed chair of the board
- ManagementMartin Brandt Larsen appointed deputy board member
- ManagementJan Bruhn Andersen appointed deputy chair
- ManagementJohan Weltzin Kristensen appointed deputy board member
- ManagementSøren Henrik Bøving-Andersen appointed board member
- ManagementAstrid Ejlersen appointed deputy board member
- ManagementMike Gallagher Fraser stepped down as deputy board member
- ManagementJohan Weltzin Kristensen stepped down as deputy board member
- ManagementJan Bruhn Andersen stepped down as board member
- ManagementMartin Brandt Larsen stepped down as deputy board member
- ManagementAstrid Ejlersen stepped down as deputy board member
- ManagementSøren Henrik Bøving-Andersen stepped down as chair of the board
- ManagementJens Christian Lundholt appointed ceo
- ManagementLars Peder Foged stepped down as ceo
20237 changesmanagement 6 · accounts 1
- ManagementHenning Rask appointed director
- AccountsAnnual report for 2022 published
- ManagementLars Peder Foged appointed board member
- ManagementLars Peder Foged appointed ceo
- ManagementNiels-Ove Lund Egedal appointed board member
- ManagementPer Rygaard stepped down as board member
- ManagementNiels-Ove Lund Egedal stepped down as deputy board member
202220 changesmanagement 18 · address 1 · accounts 1
- ManagementBrian Bønnelykke stepped down as deputy board member
- ManagementMorten von Fintel Petersen stepped down as deputy board member
- ManagementJakob Horstmann stepped down as board member
- ManagementRasmus Christian Hansen stepped down as board member
- AddressMoved to Fåborgvej 44, 5700 Svendborg
- ManagementNiels-Ove Lund Egedal appointed deputy board member
- ManagementLars Jørn Hvilsom appointed deputy board member
- ManagementBrian Bønnelykke appointed deputy board member
- ManagementMorten von Fintel Petersen appointed deputy board member
- ManagementJohan Weltzin Kristensen appointed deputy board member
- ManagementJonas Ejlertsen appointed board member
- ManagementPer Rygaard appointed board member
- ManagementHelle Wisbech appointed deputy board member
- ManagementAnders Lerwick Theisen stepped down as board member
- ManagementOle Laugesen stepped down as deputy board member
- ManagementKnud Bundgaard Clemmensen stepped down as deputy board member
- ManagementBjarne Kremmer Elnegaard stepped down as deputy board member
- ManagementJean Kim Eske stepped down as deputy board member
- ManagementKim Galsgaard stepped down as board member
- AccountsAnnual report for 2021 published
20212 changesaccounts 1 · management 1
- AccountsAnnual report for 2020 published
- ManagementSteen Poulsen stepped down as deputy board member
20201 changemanagement 1
- ManagementKarina Mejer Eriksen stepped down as deputy board member
201824 changesmanagement 23 · name 1
- ManagementSteen Poulsen appointed deputy board member
- ManagementJan Bruhn Andersen appointed board member
- ManagementMartin Brandt Larsen appointed deputy board member
- ManagementAnders Lerwick Theisen appointed board member
- ManagementAstrid Ejlersen appointed deputy board member
- ManagementTorben Per Jensen appointed board member
- ManagementOle Laugesen appointed deputy board member
- ManagementKnud Bundgaard Clemmensen appointed deputy board member
- ManagementJakob Horstmann appointed board member
- ManagementBjarne Kremmer Elnegaard appointed deputy board member
- ManagementRasmus Christian Hansen appointed board member
- ManagementMike Gallagher Fraser appointed deputy board member
- ManagementJean Kim Eske appointed deputy board member
- ManagementKarina Mejer Eriksen appointed deputy board member
- ManagementHanne Bering Jensen stepped down as deputy board member
- ManagementDorthe Lynge Ullemose stepped down as deputy board member
- ManagementJacob Dalgaard Jensen stepped down as deputy board member
- ManagementMogens Arnfeldt stepped down as deputy board member
- ManagementFrank Brade Jørgensen stepped down as deputy board member
- ManagementJørgen Kastalag Magnussen stepped down as board member
- ManagementJacob Brixtofte Hagn-Meincke stepped down as board member
- ManagementVilliam Egon Hansen stepped down as board member
- ManagementBjarne Kremmer Elnegaard stepped down as deputy board member
- NameName changed from Sydfyns Elforsyning Net A/S to FLOW ELNET A/S
20167 changesname 1 · management 6
- NameName changed from SEF NET A/S to Sydfyns Elforsyning Net A/S
- ManagementHanne Bering Jensen appointed deputy board member
- ManagementDorthe Lynge Ullemose appointed deputy board member
- ManagementJacob Dalgaard Jensen appointed deputy board member
- ManagementMogens Arnfeldt appointed deputy board member
- ManagementBjarne Kremmer Elnegaard appointed deputy board member
- ManagementJohn Andersen stepped down as deputy board member
20155 changesmanagement 5
- ManagementBjarne Wedfald Olsen appointed board member
- ManagementFrank Brade Jørgensen appointed deputy board member
- ManagementJohn Andersen appointed deputy board member
- ManagementJohn Andersen stepped down as board member
- ManagementKim Galsgaard appointed board member
20148 changesmanagement 8
- ManagementJørgen Kastalag Magnussen appointed board member
- ManagementKirsten Sohnesen stepped down as board member
- ManagementKirsten Sohnesen appointed board member
- ManagementJacob Brixtofte Hagn-Meincke appointed board member
- ManagementLars Friis Jørgensen appointed board member
- ManagementVilliam Egon Hansen appointed board member
- ManagementJohn Andersen appointed board member
- ManagementSøren Henrik Bøving-Andersen appointed chair of the board
20121 changeaddress 1
- AddressMoved to Fåborgvej 44, 5700 Svendborg
20101 changeownership 1
- OwnershipSEF A/S registered as owner (100%)
20081 changeindustry 1
- IndustryIndustry changed to Transmission of electricity (351300)
20031 changeindustry 1
- IndustryIndustry changed to Distribution af og handel med elektricitet (401300)
20002 changescapital 1 · industry 1
- CapitalShare capital changed from 500,000 DKK to 1,000,000 DKK
- IndustryIndustry changed to Elforsyning (401000)
19991 changefounded 1
- FoundedRegistered as SEF NET A/S
Related companies
Same people in management
- Danpo A/Svia Povl Eigil Ullegård
- Mind Energy A/Svia Anders Jørgen Banke
- Fynske Bank A/Svia Ulla Birgit Larsen
- Svendborg Forsyningsservice A/Svia Jesper Ullemose
- Fiberlan A/Svia Anders Jørgen Banke
- Newtec A/Svia Jens Christian Lundholt
Largest in the industry
- N1 A/SDKK 1.8bn
- Radius Elnet A/SDKK 1.6bn
- Cerius A/SDKK 740.9m
- Vores Elnet A/SDKK 388.2m
- Konstant Net A/SDKK 247.5m
- Thy-mors Energi A.m.b.a.DKK 224.8m
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.