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Modstrøm Danmark ApS

Private limited companyCVR 33884788København SActive

Modstrøm Danmark ApS is a private limited company, based in København S, active in other trade in electricity, founded in 2011. Net profit rose 209% from 2024 to 2025, ending at DKK 11.4m. Measured by gross profit, it ranks no. 8 of 74 companies in the industry in the database. With 99 employees, the company is about 17 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 361.1m−10.2% vs. 2024
Net profitDKK 11.4m+209.4% vs. 2024
EquityDKK 67.2m+20.3% vs. 2024
Employees99latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 19% (2024 → 2025), to DKK 88.8m.
  • Revenue fell 10% (2024 → 2025), to DKK 361.1m.
  • Net profit rose 209% (2024 → 2025), to DKK 11.4m.
  • Equity rose 20% (2024 → 2025), to DKK 67.2m.

Employees

  • 34 fewer employees than a year earlier: 99 (08/2026) against 133 (08/2025).

Management and owners, last 24 months

  • New in management: Peter Schow Jensen (director, 21/05/2026).
  • Stepped down: Nicklas Skou Guldberg (board member, 21/05/2026), Rinaldo Rosendaal (chair of the board, 21/05/2026) and Anders Normann Koole (board member, 21/05/2026).

Registrations, last 24 months

  • 21/05/2026: Name changed from MODSTRØM DANMARK A/S to MODSTRØM DANMARK ApS
  • 28/09/2025: Moved to Hedegaardsvej 88, 2, 2300 København S
  • 01/01/2025: Industry changed to Other trade in electricity (351590)

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 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
EquityNet profit
Financial figures for Modstrøm Danmark ApS
202020212022202320242025Change
Revenue234,418485,231912,699507,959402,106361,093−10.2%
Gross profit72,00186,58690,084138,143109,21788,761−18.7%
Operating profit (EBIT)–14,47115,55451,01112,50413,404+7.2%
Profit before tax9,67015,34213,36349,0437,07814,837+109.6%
Net profit7,75612,32310,39936,6353,67411,366+209.4%
Total assets317,149488,349595,377553,700464,184468,554+0.9%
Equity55,13256,45551,85487,18955,86367,229+20.3%
Liabilities257,767427,745539,181452,418402,352396,829−1.4%
Cash and cash equivalents127,47295,604158,853105,24535,75540,060+12%
Average number of employees129142134155168134−20.2%

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 140m202020212022202320242025
Gross profitMedian, the industry (77 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

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 Modstrøm Danmark ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202429/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202229/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202026/05/2021The 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
05010015020025009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

77 companies in the database

Comparison with the other companies in other trade in electricity based on the latest financial year.

Gross profitDKK 88.8mNo. 8 of 74
Better than 90% of the companies in the industry
EquityDKK 67.2mNo. 22 of 77
Better than 72% of the companies in the industry
Number of employees99No. 8 of 77
Better than 91% of the companies in the industry

Industry median: gross profit DKK 6.2m, net profit DKK 1.2m, equity DKK 12.8m, 6 employees.

DKK 100kDKK 984kDKK 9.7mDKK 95.3mDKK 437.7mHere
Distribution of gross profit for 56 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. 817of 4,412
Better than 82%
No. 952of 4,466
Better than 79%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 805of 24,791
Better than 97%
No. 1,852of 24,909
Better than 93%
All companies of type ApS66,508 companies in the comparison
No. 349of 66,379
Better than 99%
No. 1,623of 66,505
Better than 98%

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

Other trade in electricity
Gross profit
  1. Modstrøm Danmark ApSDKK 88.8m
  2. Centrica Energy Trading A/SDKK 937.8m
  3. Norlys Energi A/SDKK 292.3m
Net profit
  1. Modstrøm Danmark ApSDKK 11.4m
  2. Centrica Energy Trading A/SDKK 25.1m
  3. Norlys Energi A/S−DKK 152.2m
Equity
  1. Modstrøm Danmark ApSDKK 67.2m
  2. Centrica Energy Trading A/SDKK 2.8bn
  3. Norlys Energi A/SDKK 524.9m
Employees
  1. Modstrøm Danmark ApS99
  2. Centrica Energy Trading A/S398
  3. Norlys Energi A/S168

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
  • StandbyCo VII ApS100%
Modstrøm Danmark ApS

Management

2 active registrations

Executive management

Executive management at Modstrøm Danmark ApS
NameRoleAppointed
Anders Dissing MillgaardCEO13/09/2011
Peter Schow JensenDirector21/05/2026
Founders
Sune Olsen Holding ApS, BRS Holding International ApS, Geek Holding ApS, Tur Holding ApS, Millgaard ApS, Jens Poulin ApS, My Invest Holding ApS, Clara One Holding ApS
Former management (17)
Former management at Modstrøm Danmark ApS
NameRoleAppointedResigned
Ole Christian OlsenBoard member13/09/201130/06/2017
Karsten KiellandBoard member09/03/201201/10/2015
Sune OlsenBoard member09/03/201226/05/2016
Roar Bjørk SeegerChair of the board09/03/201227/05/2016
Thomas Ulletved RasmussenBoard member22/05/201522/09/2020
Carsten Lund HansenBoard member27/05/201608/03/2019
Sune OlsenChair of the board27/05/201601/07/2017
Anders Dissing MillgaardBoard member27/05/201608/03/2019
Ole Christian OlsenChair of the board01/07/201707/03/2019
Roar Bjørk SeegerChair of the board08/03/201922/09/2020
Ole Christian OlsenBoard member08/03/201922/09/2020
Kaspar Ronald KristiansenChair of the board22/09/202031/08/2023
Anders Dissing MillgaardBoard member22/09/202023/05/2024
Michael Toxværd HansenBoard member22/09/202001/03/2023
Nicklas Skou GuldbergBoard member01/03/202321/05/2026
Rinaldo RosendaalChair of the board31/08/202321/05/2026
Anders Normann KooleBoard member23/05/202421/05/2026

Signing rule: Selskabet tegnes af to direktører i forening

Address and production units

2 active production units

Hedegaardsvej 88
2300 København S

København Municipality · Postcode 2300

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
MODSTRØM DANMARK ApSHedegaardsvej 88, 2, 2300 København S991022303550
Modstrøm Danmark A/SPrins Christians Kvarter 26, 7000 Fredericia11023910906

Purpose

Selskabets formål er at drive virksomhed som leverandør af elektricitet og investeringer i andre selskaber samt anden virksomhed, der står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

74 registered events
20266 changesaccounts 1 · name 1 · management 4
  • Annual report for 2025 published
  • Name changed from MODSTRØM DANMARK A/S to MODSTRØM DANMARK ApS
  • Peter Schow Jensen appointed director
  • Anders Normann Koole stepped down as board member
  • Rinaldo Rosendaal stepped down as chair of the board
  • Nicklas Skou Guldberg stepped down as board member
20253 changesaddress 1 · accounts 1 · industry 1
  • Moved to Hedegaardsvej 88, 2, 2300 København S
  • Annual report for 2024 published
  • Industry changed to Other trade in electricity (351590)
20243 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • Anders Normann Koole appointed board member
  • Anders Dissing Millgaard stepped down as board member
20235 changesmanagement 4 · accounts 1
  • Rinaldo Rosendaal appointed chair of the board
  • Kaspar Ronald Kristiansen stepped down as chair of the board
  • Annual report for 2022 published
  • Nicklas Skou Guldberg appointed board member
  • Michael Toxværd Hansen stepped down as board member
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
202012 changesmanagement 6 · ownership 6
  • Kaspar Ronald Kristiansen appointed chair of the board
  • Michael Toxværd Hansen appointed board member
  • Anders Dissing Millgaard appointed board member
  • Roar Bjørk Seeger stepped down as chair of the board
  • Ole Christian Olsen stepped down as board member
  • Thomas Ulletved Rasmussen stepped down as board member
  • StandbyCo VII ApS registered as owner (100%)
  • TUR HOLDING ApS is no longer registered as owner
  • SUNE OLSEN HOLDING ApS is no longer registered as owner
  • MILLGAARD HOLDING ApS is no longer registered as owner
  • MY INVEST HOLDING ApS is no longer registered as owner
  • GEEK HOLDING ApS is no longer registered as owner
20195 changesmanagement 5
  • Roar Bjørk Seeger appointed chair of the board
  • Ole Christian Olsen appointed board member
  • Carsten Lund Hansen stepped down as board member
  • Anders Dissing Millgaard stepped down as board member
  • Ole Christian Olsen stepped down as chair of the board
20186 changesaddress 1 · ownership 5
  • Moved to Islands Brygge 43, 1, 2300 København S
  • TUR HOLDING ApS registered as owner (33.33%)
  • SUNE OLSEN HOLDING ApS registered as owner (33.33%)
  • BRS Holding International ApS is no longer registered as owner
  • TUR HOLDING ApS is no longer registered as owner
  • SUNE OLSEN HOLDING ApS is no longer registered as owner
20175 changescapital 1 · management 3 · address 1
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
  • Ole Christian Olsen appointed chair of the board
  • Sune Olsen stepped down as chair of the board
  • Ole Christian Olsen stepped down as board member
  • Moved to Islands Brygge 43, 1, 2300 København S
20165 changesmanagement 5
  • Carsten Lund Hansen appointed board member
  • Anders Dissing Millgaard appointed board member
  • Sune Olsen appointed chair of the board
  • Roar Bjørk Seeger stepped down as chair of the board
  • Sune Olsen stepped down as board member
20152 changesmanagement 2
  • Karsten Kielland stepped down as board member
  • Thomas Ulletved Rasmussen appointed board member
20131 changeindustry 1
  • Industry changed to Distribution of electricity (351400)
201211 changesownership 8 · management 3
  • Thomas Ulletved Rasmussen registered as owner (25%)
  • Thomas Ulletved Rasmussen is no longer registered as owner
  • Sune Olsen registered as owner (25%)
  • Sune Olsen is no longer registered as owner
  • TUR HOLDING ApS registered as owner (25%)
  • SUNE OLSEN HOLDING ApS registered as owner (25%)
  • MILLGAARD HOLDING ApS registered as owner (5%)
  • MILLGAARD ApS is no longer registered as owner
  • Roar Bjørk Seeger appointed chair of the board
  • Sune Olsen appointed board member
  • Karsten Kielland appointed board member
20118 changesaddress 1 · founded 1 · management 2 · ownership 4
  • Moved to Jagtvej 169B, 2, 2100 København Ø
  • Registered as MODSTRØM DANMARK A/S
  • Ole Christian Olsen appointed board member
  • Anders Dissing Millgaard appointed ceo
  • BRS Holding International ApS registered as owner (10%)
  • MY INVEST HOLDING ApS registered as owner (10%)
  • MILLGAARD ApS registered as owner (5%)
  • GEEK HOLDING ApS registered as owner (10%)

Related companies

Same industry in København

See all →

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.

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