I.c.v. A/S

Public limited companyCVR 15247649VardeActive

I.c.v. A/S is a public limited company, based in Varde, active in production of electricity from renewable sources, founded in 1991. After a loss in 2024, the company made a profit of DKK 3.6m in 2025. Equity grew to DKK 17.7m in 2025. 6 people are registered in the company's management and ownership.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 1.7m+4,941.9% vs. 2024

Net profitDKK 3.6m+6,403.7% vs. 2024

EquityDKK 17.7m+25% vs. 2024

Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 4,942% (2024 → 2025), to DKK 1.7m.
Net profit went from a loss of DKK 57,020 to a profit of DKK 3.6m (2024 → 2025).
Equity rose 25% (2024 → 2025), to DKK 17.7m.

Employees

1 fewer employees than a year earlier: 3 (08/2026) against 4 (08/2025).

Management and owners, last 24 months

New owners registered: I.c.v. 2026 ApS (29/06/2026).
No longer registered as owner: Niels Ingvard Christensen (29/06/2026).

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

EquityNet profit

Financial figures for I.c.v. A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	90	−114	105	403	33	1,687	+4,941.9%
Operating profit (EBIT)	−592	−1,081	−603	−533	−756	979	+229.4%
Profit before tax	−945	403	805	52	−121	3,561	+3,042.8%
Net profit	−915	371	297	154	−57	3,594	+6,403.7%
Total assets	17,435	15,030	15,738	15,788	14,989	18,368	+22.5%
Equity	14,421	14,735	14,974	15,070	14,124	17,651	+25%
Liabilities	3,015	296	543	600	832	717	−13.8%
Cash and cash equivalents	837	316	351	67	95	1,371	+1,344.2%
Average number of employees	2	3	2	1	2	2	0%

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, 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 (60 companies)

Gross profitMedian, the industry (60 companies)

Annual reports

6 financial years

Annual reports for I.c.v. A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	26/03/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	01/07/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	06/07/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	31/05/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	24/05/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	05/07/2021	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

60 companies in the database

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

Gross profitDKK 1.7mNo. 22 of 59

Better than 64% of the companies in the industry

EquityDKK 17.7mNo. 29 of 60

Better than 53% of the companies in the industry

Number of employees3No. 25 of 60

Better than 59% of the companies in the industry

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

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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 34,459of 69,742 Better than 51%	No. 6,277of 69,964 Better than 91%
Same industry and fewer than 20 employees46 companies in the comparison	No. 13of 46 Better than 73%	No. 17of 46 Better than 64%
Companies that are at least 30 years old10,276 companies in the comparison	No. 7,583of 10,152 Better than 25%	No. 3,626of 10,275 Better than 65%
All companies of type A/S18,025 companies in the comparison	No. 14,987of 17,786 Better than 16%	No. 6,610of 18,024 Better than 63%

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

I.c.v. A/SDKK 1.7m
Ørsted Bioenergy & Thermal Power A/SDKK 1.8bn
Vattenfall Vindkraft A/SDKK 435.8m

Net profit

I.c.v. A/SDKK 3.6m
Ørsted Bioenergy & Thermal Power A/S−DKK 291.3m
Vattenfall Vindkraft A/SDKK 334.9m

Equity

I.c.v. A/SDKK 17.7m
Ørsted Bioenergy & Thermal Power A/SDKK 8.1bn
Vattenfall Vindkraft A/SDKK 7.5bn

Employees

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

I.c.v. 2026 ApS100%

I.c.v. A/S

Management

5 active registrations

Executive management

Executive management at I.c.v. A/S
Name	Role	Appointed
Joan Christensen	Director	26/06/2019

Board of directors

Board of directors at I.c.v. A/S
Name	Role	Appointed
Niels Ingvard Christensen	Board member	15/06/1991
Majbritt Sommer Christensen	Board member	15/06/1991
Joan Christensen	Board member	20/09/2010
Anja Christensen	Board member	13/09/2018

Founders: Niels Ingvard Christensen, Meta Marie Christensen, Majbritt Sommer Christensen

Former management (3)

Former management at I.c.v. A/S
Name	Role	Appointed	Resigned
Vagn Stenum Husted	Board member	15/06/1991	20/09/2010
Niels Ingvard Christensen	Director	15/06/1991	26/06/2019
Meta Marie Christensen	Board member	15/06/1991	30/08/1993

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af et medlem af bestyrelsen eller af en direktør

Address and production units

1 active production units

Østergade 17
6800 Varde

Varde Municipality · Postcode 6800

Production units
Production unit	Address	Industry	Employees	P number
I C V A/S	Østergade 17, 2, 6800 Varde	Production of electricity from renewable sources	3	1000888431

Purpose

Selskabets formål er at drive vaskeri- og udlejningsvirksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

28 registered events

02015

02016

02017

12018

22019

02020

12021

32022

12023

12024

22025

32026

20263 changesownership 2 · accounts 1

29/06OwnershipI.C.V. 2026 ApS registered as owner (100%)
29/06OwnershipNiels Ingvard Christensen is no longer registered as owner
26/03AccountsAnnual report for 2025 published

20252 changesaccounts 1 · industry 1

01/07AccountsAnnual report for 2024 published
01/01IndustryIndustry changed to Production of electricity from renewable sources (351200)

20241 changeaccounts 1

06/07AccountsAnnual report for 2023 published

20231 changeaccounts 1

31/05AccountsAnnual report for 2022 published

20223 changesmerger 1 · accounts 1 · industry 1

31/05MergerMerger registered in CVR
24/05AccountsAnnual report for 2021 published
01/01IndustryIndustry changed to Production of electricity from non-renewable sources (351100)

20211 changeaccounts 1

05/07AccountsAnnual report for 2020 published

20192 changesmanagement 2

26/06ManagementJoan Christensen appointed director
26/06ManagementNiels Ingvard Christensen stepped down as director

20181 changemanagement 1

13/09ManagementAnja Christensen appointed board member

20102 changesmanagement 2

20/09ManagementJoan Christensen appointed board member
20/09ManagementVagn Stenum Husted stepped down as board member

20051 changeindustry 1

01/11IndustryIndustry changed to Administration af fast ejendom på kontraktbasis (703210)

20042 changesownership 1 · address 1

01/10OwnershipNiels Ingvard Christensen registered as owner (100%)
22/04AddressMoved to Østergade 17, 2, 6800 Varde

19961 changecapital 1

20/12CapitalShare capital changed from 300,000 DKK to 500,000 DKK

19931 changemanagement 1

30/08ManagementMeta Marie Christensen stepped down as board member

19921 changename 1

21/05NameName changed from A-VASK A/S to I.C.V. A/S

19916 changesfounded 1 · management 5

15/06FoundedRegistered as A-VASK A/S
15/06ManagementNiels Ingvard Christensen appointed board member
15/06ManagementVagn Stenum Husted appointed board member
15/06ManagementMajbritt Sommer Christensen appointed board member
15/06ManagementNiels Ingvard Christensen appointed director
15/06ManagementMeta Marie Christensen appointed board member

Related companies

Same industry in Varde

K/S Holmen Vindmølle 42 employees

See all →

Same people in management

Svend B. Thomsen A/Svia Vagn Stenum Husted
Abc Lavpris, Tørring ApSvia Lars Gammelby
Prima-vent A/Svia Lars Gammelby
Mimo Færgestationsvej 4 ApSvia Vagn Stenum Husted
Jakob Hübschmann ApSvia Vagn Stenum Husted
Tsa Ii Tyskland Sonne A/Svia Niels Ingvard Christensen

Largest in the industry

Ørsted Bioenergy & Thermal Power A/SDKK 1.8bn
Vattenfall Vindkraft A/SDKK 435.8m
Energi Fyn Produktion A/SDKK 287.5m
Momentum Energy Group A/SDKK 98.7m
RWE Renewables Denmark A/SDKK 87.5m
Better Energy Management A/SDKK 52.8m

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