Momentum Energy Group A/S
Public limited companyCVR 28888430RoskildeActive
Momentum Energy Group A/S is a public limited company, based in Roskilde, active in production of electricity from renewable sources, founded in 2005. The company went from a profit in 2024 to a loss of DKK 224m in 2025. Measured by gross profit, it ranks no. 4 of 59 companies in the industry in the database. With 68 employees, the company is about 34 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 47% (2024 → 2025), to DKK 98.7m.
- Revenue fell 17% (2024 → 2025), to DKK 234.5m.
- Net profit went from a profit of DKK 6m to a loss of DKK 224m (2024 → 2025).
- Equity rose 9% (2024 → 2025), to DKK 564.2m.
Employees
- 6 fewer employees than a year earlier: 68 (08/2026) against 74 (08/2025).
Management and owners, last 24 months
- New in management: Kim Madsen (chair of the board, 17/03/2025), Michael Shalmi (board member, 17/03/2025) and Rasmus Sielemann Christensen (ceo, 17/03/2025).
- Stepped down: Kim Madsen (board member, 16/03/2025), Kim Madsen (ceo, 17/03/2025) and Michael Shalmi (chair of the board, 16/03/2025).
Registrations, last 24 months
- 01/05/2026: Moved to Københavnsvej 79A, 4000 Roskilde
- 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 41,674 | not stated | not stated | 424,981 | 283,085 | 234,536 | −17.1% |
| Gross profit | 21,556 | 13,592 | 16,650 | 329,203 | 184,618 | 98,748 | −46.5% |
| Operating profit (EBIT) | 1,235 | −4,165 | 356 | 166,036 | 36,495 | −235,815 | −746.2% |
| Profit before tax | 810 | −5,692 | 392 | 153,669 | 8,930 | −264,338 | −3,060.2% |
| Net profit | −73 | −3,461 | 292 | 123,659 | 5,985 | −223,953 | −3,842.2% |
| Total assets | 26,213 | 19,791 | 31,415 | 1,496,495 | 1,250,268 | 1,454,284 | +16.3% |
| Equity | 5,026 | 3,264 | 8,556 | 546,835 | 517,824 | 564,170 | +9% |
| Liabilities | 20,827 | 16,527 | 22,859 | 865,993 | 545,134 | 689,358 | +26.5% |
| Cash and cash equivalents | 2,153 | 94 | 1,188 | 73,053 | 19,342 | 128,974 | +566.8% |
| Average number of employees | 26 | 22 | 22 | 124 | 135 | 132 | −2.2% |
Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2021, 2022: 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 26/05/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 20/06/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 30/05/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 01/07/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 28/06/2021 | The group | 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
60 companies in the databaseComparison with the other companies in production of electricity from renewable sources based on the latest financial year.
Industry median: gross profit DKK 485k, net profit DKK 1,461, equity DKK 16.4m, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 686of 4,412 Better than 84% | No. 137of 4,466 Better than 97% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 732of 24,791 Better than 97% | No. 344of 24,909 Better than 99% |
| All companies of type A/S18,025 companies in the comparison | No. 1,602of 17,786 Better than 91% | No. 638of 18,024 Better than 96% |
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- Momentum Energy Group A/SDKK 98.7m
- Ørsted Bioenergy & Thermal Power A/SDKK 1.8bn
- Vattenfall Vindkraft A/SDKK 435.8m
- Momentum Energy Group A/S−DKK 224m
- Ørsted Bioenergy & Thermal Power A/S−DKK 291.3m
- Vattenfall Vindkraft A/SDKK 334.9m
- Momentum Energy Group A/SDKK 564.2m
- Ørsted Bioenergy & Thermal Power A/SDKK 8.1bn
- Vattenfall Vindkraft A/SDKK 7.5bn
- Momentum Energy Group A/S68
- Ørsted Bioenergy & Thermal Power A/S690
- 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- Momentum Energy Holdings ApS100%
Subsidiaries are shown only if they are in the database.
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Rasmus Sielemann Christensen | CEO | 17/03/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Stefano Brugnolo | Board member | 13/07/2023 |
| Jacob Daniel Woolfstein | Board member | 11/01/2024 |
| Kim Madsen | Chair of the board | 17/03/2025 |
| Michael Shalmi | Board member | 17/03/2025 |
- Founders
- Kim Madsen
Former management (15)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kim Madsen | Director | 07/07/2005 | 28/04/2018 |
| Morten Wittenberg Vandborg | Chair of the board | 14/12/2005 | 06/08/2008 |
| Kim Madsen | Board member | 14/12/2005 | 16/03/2025 |
| Annemette Heller | Board member | 14/12/2005 | 14/05/2017 |
| Steen Gerhardt Hansen | Chair of the board | 06/08/2008 | 30/01/2015 |
| Michael Shalmi | Board member | 30/01/2015 | 02/07/2019 |
| Christian Halskov Sauer | Chair of the board | 30/01/2015 | 15/05/2017 |
| Annemette Heller | Chair of the board | 15/05/2017 | 29/08/2017 |
| Steen Blaafalk | Chair of the board | 30/08/2017 | 03/07/2019 |
| Annemette Heller | Board member | 30/08/2017 | 13/07/2023 |
| Carsten Rønfeldt | Director | 01/03/2018 | 03/07/2019 |
| Kim Madsen | CEO | 29/04/2018 | 17/03/2025 |
| Kristian Månsson | Director | 01/06/2019 | 01/01/2021 |
| Michael Shalmi | Chair of the board | 03/07/2019 | 16/03/2025 |
| Leo Tsun-Ho Kwan | Board member | 13/07/2023 | 06/05/2024 |
Signing rule: Selskabet tegnes af bestyrelsen i forening eller af den administrerende direktør alene.
Address and production units
2 active production unitsKøbenhavnsvej 79A
4000 Roskilde
Roskilde Municipality · Postcode 4000
Other companies at the address (4)
- K/S Vindinvest 19Production of electricity from renewable sources
- K/S Vindinvest 26Production of electricity from non-renewable sources
- K/S Cormainville ViProduction of electricity from renewable sources
- K/S Cormainville VProduction of electricity from renewable sources
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Momentum Energy Group A/S | Københavnsvej 79A, 4000 Roskilde | 66 | 1011546664 |
| Momentum Energy Group A/S | Forskerparken 10, 5230 Odense M | 2 | 1031948572 |
Purpose
Selskabets formål er forvaltning af og rådgivning omkring, vindmølle- og solenergi projekter i ind- og udland, herunder, rådgivning om due diligence, finansiering, opstilling, nedtagelse, drift og vedligeholdelse af sol- og vindmølleprojekter, samt anden efter direktionens skøn hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
61 registered events20262 changesaccounts 1 · address 1
- AccountsAnnual report for 2025 published
- AddressMoved to Københavnsvej 79A, 4000 Roskilde
20258 changesaccounts 1 · management 6 · industry 1
- AccountsAnnual report for 2024 published
- ManagementKim Madsen appointed chair of the board
- ManagementRasmus Sielemann Christensen appointed ceo
- ManagementMichael Shalmi appointed board member
- ManagementKim Madsen stepped down as ceo
- ManagementMichael Shalmi stepped down as chair of the board
- ManagementKim Madsen stepped down as board member
- IndustryIndustry changed to Production of electricity from renewable sources (351200)
20243 changesaccounts 1 · management 2
- AccountsAnnual report for 2023 published
- ManagementLeo Tsun-Ho Kwan stepped down as board member
- ManagementJacob Daniel Woolfstein appointed board member
20238 changesname 1 · ownership 2 · merger 1 · management 3 · accounts 1
- NameName changed from MOMENTUM GRUPPEN A/S to Momentum Energy Group A/S
- OwnershipMomentum Energy Holdings ApS registered as owner (100%)
- OwnershipMomentum Energy Group A/S is no longer registered as owner
- MergerMerger registered in CVR
- ManagementStefano Brugnolo appointed board member
- ManagementLeo Tsun-Ho Kwan appointed board member
- ManagementAnnemette Heller stepped down as board member
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20213 changesaccounts 1 · address 1 · management 1
- AccountsAnnual report for 2020 published
- AddressMoved to Københavnsvej 81, 4000 Roskilde
- ManagementKristian Månsson stepped down as director
20202 changesownership 2
- OwnershipMomentum Energy Group A/S registered as owner (100%)
- OwnershipMOMENTUM INVESTMENTS ApS is no longer registered as owner
20196 changesaddress 1 · management 5
- AddressMoved to Københavnsvej 81, 4000 Roskilde
- ManagementMichael Shalmi appointed chair of the board
- ManagementCarsten Rønfeldt stepped down as director
- ManagementSteen Blaafalk stepped down as chair of the board
- ManagementMichael Shalmi stepped down as board member
- ManagementKristian Månsson appointed director
20184 changesmanagement 3 · industry 1
- ManagementKim Madsen appointed ceo
- ManagementKim Madsen stepped down as director
- ManagementCarsten Rønfeldt appointed director
- IndustryIndustry changed to Production of electricity from non-renewable sources (351100)
20176 changesmanagement 6
- ManagementAnnemette Heller appointed board member
- ManagementSteen Blaafalk appointed chair of the board
- ManagementAnnemette Heller stepped down as chair of the board
- ManagementAnnemette Heller appointed chair of the board
- ManagementChristian Halskov Sauer stepped down as chair of the board
- ManagementAnnemette Heller stepped down as board member
20153 changesmanagement 3
- ManagementChristian Halskov Sauer appointed chair of the board
- ManagementMichael Shalmi appointed board member
- ManagementSteen Gerhardt Hansen stepped down as chair of the board
20141 changeindustry 1
- IndustryIndustry changed to Security and commodity contracts brokerage (661200)
20131 changeownership 1
- OwnershipMOMENTUM INVESTMENTS ApS registered as owner (90%)
20112 changesindustry 1 · merger 1
- IndustryIndustry changed to Virksomhedsrådgivning og anden rådgivning om driftsledelse (702200)
- MergerMerger registered in CVR
20082 changesmanagement 2
- ManagementSteen Gerhardt Hansen appointed chair of the board
- ManagementMorten Wittenberg Vandborg stepped down as chair of the board
20071 changecapital 1
- CapitalShare capital changed from 500,000 DKK to 5,500,000 DKK
20058 changesname 1 · capital 1 · management 4 · address 1 · founded 1
- NameName changed from MOMENTUM GRUPPEN ApS to MOMENTUM GRUPPEN A/S
- CapitalShare capital changed from 125,000 DKK to 500,000 DKK
- ManagementMorten Wittenberg Vandborg appointed chair of the board
- ManagementAnnemette Heller appointed board member
- ManagementKim Madsen appointed board member
- AddressMoved to Københavnsvej 4, 4000 Roskilde
- FoundedRegistered as MOMENTUM GRUPPEN ApS
- ManagementKim Madsen appointed director
Related companies
Same industry in Roskilde
- K/S Vindinvest 193 employees
- K/S Cormainville Vi2 employees
- K/S Cormainville V2 employees
Same people in management
- Tryg Forsikring A/Svia Kim Madsen
- Semler Mobility Retail A/Svia Annemette Heller
- Atea A/Svia Annemette Heller
- Saxo Bank A/Svia Steen Blaafalk
- itm8 A/Svia Annemette Heller
- Nomeco A/Svia Annemette Heller
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
- RWE Renewables Denmark A/SDKK 87.5m
- Better Energy Management A/SDKK 52.8m
- Skyborn Renewables Denmark ApSDKK 31.6m
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.