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Greengo Energy A/S

Public limited companyCVR 34884641VedbækActive

Greengo Energy A/S is a public limited company, based in Vedbæk, active in production of electricity from renewable sources, founded in 2012. The company went from a profit in 2024 to a loss of DKK 67m in 2025. With 29 employees, the company is about 15 times larger than the industry median. Equity fell to DKK 49.9m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 39.2m−150.8% vs. 2024
Net profit−DKK 67m−386.1% vs. 2024
EquityDKK 49.9m−57.3% vs. 2024
Employees29latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 151% (2024 → 2025), to −DKK 39.2m.
  • Net profit went from a profit of DKK 23.4m to a loss of DKK 67m (2024 → 2025).
  • Equity fell 57% (2024 → 2025), to DKK 49.9m.

Employees

  • 16 fewer employees than a year earlier: 29 (07/2026) against 45 (07/2025).

Registrations, last 24 months

  • 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 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 80m−DKK 60m−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
EquityNet profit
Financial figures for Greengo Energy A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot stated147,045not stated–
Gross profit22,66753,08146,3266,87077,153−39,193−150.8%
Operating profit (EBIT)15,90843,96628,619−25,46434,056−79,651−333.9%
Profit before tax15,32042,46426,067−25,63830,001−85,642−385.5%
Net profit11,99633,51920,413−22,43223,422−67,018−386.1%
Total assets144,983200,709246,574245,898327,839270,709−17.4%
Equity61,95095,468115,88193,449116,87149,864−57.3%
Liabilities70,96584,227104,025132,771182,463210,765+15.5%
Cash and cash equivalents12,77911,34669,26305,1546,031+17%
Average number of employees712–384941−16.3%

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 2020, 2021, 2022, 2023, 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

−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (60 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 57% from 2024 to 2025 (DKK 116.9m to DKK 49.9m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 Greengo Energy A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202520/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202403/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202318/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202225/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202101/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/06/2021The 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
0102030405008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

60 companies in the database

Comparison with the other companies in production of electricity from renewable sources based on the latest financial year.

Gross profit−DKK 39.2mNo. 58 of 59
Better than 2% of the companies in the industry
EquityDKK 49.9mNo. 19 of 60
Better than 69% of the companies in the industry
Number of employees29No. 10 of 60
Better than 85% of the companies in the industry

Industry median: gross profit DKK 485k, net profit DKK 1,461, equity DKK 16.4m, 2 employees.

DKK 100kDKK 1.2mDKK 13.6mDKK 158.1mDKK 812.4m
Distribution of gross profit for 38 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 20–49 employees9,922 companies in the comparison
No. 9,878of 9,892
Better than 0%
No. 708of 9,922
Better than 93%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,570of 33,588
Better than 0%
No. 1,214of 33,687
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 17,756of 17,786
Better than 0%
No. 3,583of 18,024
Better than 80%

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

Production of electricity from renewable sources
Gross profit
  1. Greengo Energy A/S−DKK 39.2m
  2. Ørsted Bioenergy & Thermal Power A/SDKK 1.8bn
  3. Vattenfall Vindkraft A/SDKK 435.8m
Net profit
  1. Greengo Energy A/S−DKK 67m
  2. Ørsted Bioenergy & Thermal Power A/S−DKK 291.3m
  3. Vattenfall Vindkraft A/SDKK 334.9m
Equity
  1. Greengo Energy A/SDKK 49.9m
  2. Ørsted Bioenergy & Thermal Power A/SDKK 8.1bn
  3. Vattenfall Vindkraft A/SDKK 7.5bn
Employees
  1. Greengo Energy A/S29
  2. Ørsted Bioenergy & Thermal Power A/S690
  3. Vattenfall Vindkraft A/S584

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
Greengo Energy A/S

Management

5 active registrations

Executive management

Executive management at Greengo Energy A/S
NameRoleAppointed
Karsten NielsenCEO12/12/2012

Board of directors

Board of directors at Greengo Energy A/S
NameRoleAppointed
Jan Henrik ChristiansenChair of the board26/02/2014
Annemette FærchBoard member31/05/2017
Morten Skovfoged TinggaardDeputy chair13/06/2022
Pernille FabriciusBoard member08/12/2022
Founders
PreSeed Ventures A/S, Karsten Nielsen Holding ApS, Flagstad Holding ApS, Vagi Invest ApS, Seed Capital Denmark Ii K/S, Pmc Finans ApS, Jølic 3 ApS
Former management (10)
Former management at Greengo Energy A/S
NameRoleAppointedResigned
Karsten NielsenBoard member12/12/201224/04/2013
Frederik Thoring FlagstadBoard member12/12/201206/11/2014
Jakob Steen JensenChair of the board12/12/201213/03/2013
Tore Sylvester JeppesenChair of the board13/03/201326/02/2014
Henrik SkaanderupBoard member24/04/201306/11/2014
Richard BreiterBoard member26/02/201407/04/2015
Botond VagiBoard member06/11/201431/05/2017
Thomas LentoftBoard member06/11/201431/05/2017
Karsten NielsenBoard member31/05/201720/11/2023
Morten Skovfoged TinggaardBoard member31/05/201712/06/2022

Signing rule: Selskabet tegnes af direktionen.

Address and production units

1 active production units

Frydenlundsvej 30
2950 Vedbæk

Rudersdal Municipality · Postcode 2950

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
GREENGO ENERGY A/SFrydenlundsvej 30, 2950 Vedbæk251018128221

Purpose

Selskabets formål er salg af cleantech løsninger og anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

39 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Production of electricity from renewable sources (351200)
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesmanagement 1 · accounts 1
  • Karsten Nielsen stepped down as board member
  • Annual report for 2022 published
20224 changesmanagement 3 · accounts 1
  • Pernille Fabricius appointed board member
  • Morten Skovfoged Tinggaard appointed deputy chair
  • Morten Skovfoged Tinggaard stepped down as board member
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changeaddress 1
  • Moved to Frydenlundsvej 30, 2950 Vedbæk
20175 changesmanagement 5
  • Karsten Nielsen appointed board member
  • Annemette Færch appointed board member
  • Morten Skovfoged Tinggaard appointed board member
  • Thomas Lentoft stepped down as board member
  • Botond Vagi stepped down as board member
20151 changemanagement 1
  • Richard Breiter stepped down as board member
20149 changesmanagement 7 · ownership 1 · industry 1
  • Thomas Lentoft appointed board member
  • Botond Vagi appointed board member
  • Henrik Skaanderup stepped down as board member
  • Frederik Thoring Flagstad stepped down as board member
  • GREENGO ENERGY GROUP A/S registered as owner (100%)
  • Industry changed to Production of electricity from non-renewable sources (351100)
  • Jan Henrik Christiansen appointed chair of the board
  • Richard Breiter appointed board member
  • Tore Sylvester Jeppesen stepped down as chair of the board
20137 changesmanagement 4 · name 2 · capital 1
  • Henrik Skaanderup appointed board member
  • Karsten Nielsen stepped down as board member
  • Name changed from GREENGO ENERGY ApS to GREENGO ENERGY A/S
  • Share capital changed from 111,996 DKK to 559,980 DKK
  • Tore Sylvester Jeppesen appointed chair of the board
  • Jakob Steen Jensen stepped down as chair of the board
  • Name changed from GREENGO POWER ApS to GREENGO ENERGY ApS
20125 changesfounded 1 · management 4
  • Registered as GREENGO POWER ApS
  • Frederik Thoring Flagstad appointed board member
  • Karsten Nielsen appointed ceo
  • Jakob Steen Jensen appointed chair of the board
  • Karsten Nielsen appointed board member

Related companies

Same people in management

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