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N1 A/S

Public limited companyCVR 25154150Esbjerg NActive

N1 A/S is a public limited company, based in Esbjerg N, active in distribution of electricity, founded in 1999. Net profit fell 33% from 2024 to 2025, ending at DKK 387.2m. Measured by gross profit, it ranks no. 1 of 18 companies in the industry in the database. Operations are spread over 10 production units in 9 towns.

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Key figures · financial year 2025

RevenueDKK 2.2bn−5.8% vs. 2024
Net profitDKK 387.2m−33.2% vs. 2024
EquityDKK 6.2bn+6.7% vs. 2024
Employees837latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 7% (2024 → 2025), to DKK 1.8bn.
  • Revenue fell 6% (2024 → 2025), to DKK 2.2bn.
  • Net profit fell 33% (2024 → 2025), to DKK 387.2m.
  • Equity rose 7% (2024 → 2025), to DKK 6.2bn.

Employees

  • 66 more employees than a year earlier: 837 (07/2026) against 771 (07/2025).

Management and owners, last 24 months

  • New in management: Thomas Flarup (board member, 01/06/2025), Carsten Toft Boesen (board member, 28/04/2026) and Henrik Møller Nielsen (board member, 15/03/2025).
  • Stepped down: Peder Østermark Andreasen (board member, 28/04/2026), Kathrine Forsberg (board member, 15/03/2025) and Henrik Møller Nielsen (board member, 01/06/2025).
  • New owners registered: Norlys Infrastruktur A/S (31/12/2025).
  • No longer registered as owner: Norlys Forsyning A/S (31/12/2025) and Norlys Infrastruktur A/S (30/12/2025).

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 1bnDKK 0DKK 1bnDKK 2bnDKK 3bnDKK 4bnDKK 5bnDKK 6bn202020212022202320242025
EquityNet profit
Financial figures for N1 A/S
202020212022202320242025Change
Revenue1,161,1321,174,9341,826,6441,697,8712,375,0922,238,218−5.8%
Gross profit805,800725,627984,2251,121,4371,942,1041,801,552−7.2%
Operating profit (EBIT)−70,237−168,93712,35153,277816,207536,264−34.3%
Profit before tax−110,082−200,730−35,138−37,222746,529486,356−34.9%
Net profit−83,79320,376106,43164,805579,967387,224−33.2%
Total assets13,622,46813,424,75114,088,84714,080,35715,163,54515,567,967+2.7%
Equity4,922,7844,984,3865,270,0835,266,3955,821,1376,212,008+6.7%
Liabilities8,671,7048,422,6328,799,2498,799,3669,327,9369,342,223+0.2%
Cash and cash equivalents83,26978,18175,3980–19,018–
Average number of employees432479–597623750+20.4%

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 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bnDKK 1.4bnDKK 1.6bnDKK 1.8bnDKK 2bn202020212022202320242025
Gross profitMedian, the industry (18 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 N1 A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202506/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202122/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202023/04/2021The 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
02004006008001,00008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

18 companies in the database

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

Gross profitDKK 1.8bnNo. 1 of 18
Better than 100% of the companies in the industry
EquityDKK 6.2bnNo. 1 of 18
Better than 100% of the companies in the industry
Number of employees837No. 1 of 18
Better than 100% of the companies in the industry

Industry median: gross profit DKK 127.7m, net profit DKK 25m, equity DKK 1bn, 33 employees.

DKK 2.5mDKK 13.1mDKK 67.6mDKK 349.1mDKK 1bnHere
Distribution of gross profit for 16 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 500–999 employees207 companies in the comparison
No. 11of 189
Better than 95%
No. 10of 207
Better than 96%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 31of 24,791
Better than 100%
No. 42of 24,909
Better than 100%
All companies of type A/S18,025 companies in the comparison
No. 72of 17,786
Better than 100%
No. 88of 18,024
Better than 100%

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 electricity
Gross profit
  1. N1 A/SDKK 1.8bn
  2. Radius Elnet A/SDKK 1.6bn
  3. Cerius A/SDKK 740.9m
Net profit
  1. N1 A/SDKK 387.2m
  2. Radius Elnet A/SDKK 512.1m
  3. Cerius A/SDKK 249.1m
Equity
  1. N1 A/SDKK 6.2bn
  2. Radius Elnet A/SDKK 3.9bn
  3. Cerius A/SDKK 2.9bn
Employees
  1. N1 A/S837
  2. Radius Elnet A/S39
  3. Cerius A/S32

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
  • Norlys Infrastruktur A/S100%
N1 A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

7 active registrations

Executive management

Executive management at N1 A/S
NameRoleAppointed
Lise Søgård BeringCEO01/05/2024

Board of directors

Board of directors at N1 A/S
NameRoleAppointed
Jytte Rabæk SchmidtBoard member31/12/2019
John ThomsenBoard member31/12/2019
Jørgen Holt ClemmensenBoard member31/12/2019
Per Anders Høegh Sandbergh StougeChair of the board01/09/2024
Thomas FlarupBoard member01/06/2025
Carsten Toft BoesenBoard member28/04/2026
Founders
Vest Energi amba, Revisionsfirmaet Bendt Stendahl
Former management (54)
Former management at N1 A/S
NameRoleAppointedResigned
Erling KristensenBoard member09/12/199930/06/2000
Olav Tranbjerg MøllerBoard member09/12/199930/06/2000
Jens Astrup MadsenBoard member09/12/199930/06/2000
Eva Graakjær LundBoard member09/12/199930/06/2000
Bakken HansenBoard member09/12/199930/06/2000
Kurt ØlandBoard member09/12/199930/06/2000
Peter Engberg SchmidtBoard member09/12/199930/06/2000
Torben Kristian OlsenBoard member09/12/199930/06/2000
Arne Schultz ThygesenBoard member09/12/199930/06/2000
Peter SørensenBoard member09/12/199930/06/2000
Niels Peder NørregaardBoard member09/12/199930/06/2000
Arvid RyttergaardChair of the board09/12/199930/06/2000
Knud Jager AndersenBoard member09/12/199930/06/2000
Morten Beck HøyerBoard member09/12/199930/06/2000
Bent BrødbækDirector09/12/199906/06/2006
Bodil GravsholtBoard member09/12/199930/06/2000
Flemming Sigurd Bay-JensenBoard member09/12/199930/06/2000
Andreas Grønbjerg PedersenBoard member09/12/199930/06/2000
Ebbe SeligmannChair of the board30/06/200025/03/2009
Ebbe SeligmannDirector30/06/200030/06/2000
Bent BrødbækBoard member30/06/200006/06/2006
Jørgen Hollænder BeeckDeputy board member22/10/200306/06/2006
Kim Lodberg NielsenBoard member22/10/200301/03/2011
Preben JosefsenBoard member22/10/200306/06/2006
Palle Nygaard JensenBoard member15/03/200421/03/2012
Erik Møller JørgensenBoard member06/06/200618/12/2014
Jacob AndreasenDirector06/06/200618/04/2013
Niels Graves ChristensenBoard member06/06/200608/02/2008
Dennis Vang BendorffBoard member08/02/200812/07/2012
Jørgen Holt ClemmensenDeputy board member08/02/200801/03/2011
Torben NielsenDeputy board member08/02/200812/07/2012
Niels Ulrich DuedahlChair of the board25/03/200918/04/2013
Jens AmmitzboBoard member21/03/201228/04/2016
Jacob AndreasenChair of the board18/04/201327/05/2018
Preben Ruge HildebrandtDirector18/04/201318/12/2014
Camilla DalgaardBoard member18/12/201407/09/2015
Michael Plesner ØstergaardDirector18/12/201428/05/2018
Daniel Skovsbo ErichsenBoard member07/09/201531/12/2019
Michael Plesner ØstergaardBoard member28/04/201627/05/2018
Jacob AndreasenBoard member28/05/201831/12/2019
Daniel Skovsbo ErichsenDirector28/05/201808/06/2023
Michael Plesner ØstergaardChair of the board28/05/201811/07/2019
Jesper Vinter BarslundChair of the board11/07/201922/05/2024
Per MortensenBoard member31/12/201920/04/2023
Karl ChristiansenBoard member31/12/201920/04/2023
Jan Østergård JensenDirector31/12/201908/06/2023
Hans Peter Ambrosius AndreasenBoard member31/12/201920/04/2023
Peder Østermark AndreasenBoard member03/01/202228/04/2026
Kathrine ForsbergBoard member03/01/202215/03/2025
Carsten Bryder ThejlsCEO01/02/202202/04/2024
Per Anders Høegh Sandbergh StougeBoard member01/10/202231/08/2024
Jens TangCEO02/04/202401/05/2024
Carsten Bryder ThejlsChair of the board22/05/202401/09/2024
Henrik Møller NielsenBoard member15/03/202501/06/2025

Signing rule: Selskabet tegnes af én direktør i forening med bestyrelsens formand eller af én direktør i forening med 2 bestyrelsesmedlemmer eller af bestyrelsens formand i forening med 2 bestyrelsesmedlemmer, eller af den samlede bestyrelse.

Address and production units

10 active production units

Edison Park 1
6715 Esbjerg N

Esbjerg Municipality · Postcode 6715

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
N1 A/SEdison Park 1, 6715 Esbjerg N3681007364675
N1 A/STietgensvej 4, 8600 Silkeborg1861025249298
N1 A/SGasværksvej 25, 9000 Aalborg1791031240065
N1 A/SElholm 1, 6400 Sønderborg761025260631
N1 A/SSlet Parkvej 5, 1, 8310 Tranbjerg J101030578313
N1 A/SØrestads Boulevard 45, 2300 København S51030979253
N1 A/SLangebrogade 3B, 1, 1411 København K41028475574
N1 A/SStokkeby Landevej 11, 5970 Ærøskøbing31025260658
N1Over Bækken 6, 9000 Aalborg21030970388
N1 A/SSaltumvej 22, 9700 Brønderslev11023723618

Purpose

Selskabets formål er at drive net- og transmissionsvirksomhed i henhold til bevillinger efter elforsyningsloven. Selskabet kan endvidere udøve anden virksomhed, som efter bestyrelsens skøn står i forbindelse med ovennævnte form for virksomhed, såfremt sådan virksomhed udøves i et selvstændigt selskab med begrænset ansvar.

The purpose is quoted from the register in Danish.

Changes year by year

148 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Carsten Toft Boesen appointed board member
  • Peder Østermark Andreasen stepped down as board member
20258 changesownership 3 · management 4 · accounts 1
  • Norlys Infrastruktur A/S registered as owner (100%)
  • Norlys Forsyning A/S is no longer registered as owner
  • Norlys Infrastruktur A/S is no longer registered as owner
  • Thomas Flarup appointed board member
  • Henrik Møller Nielsen stepped down as board member
  • Annual report for 2024 published
  • Henrik Møller Nielsen appointed board member
  • Kathrine Forsberg stepped down as board member
202410 changesmanagement 9 · accounts 1
  • Per Anders Høegh Sandbergh Stouge appointed chair of the board
  • Carsten Bryder Thejls stepped down as chair of the board
  • Per Anders Høegh Sandbergh Stouge stepped down as board member
  • Carsten Bryder Thejls appointed chair of the board
  • Jesper Vinter Barslund stepped down as chair of the board
  • Lise Søgård Bering appointed ceo
  • Jens Tang stepped down as ceo
  • Annual report for 2023 published
  • Jens Tang appointed ceo
  • Carsten Bryder Thejls stepped down as ceo
20236 changesmanagement 5 · accounts 1
  • Jan Østergård Jensen stepped down as director
  • Daniel Skovsbo Erichsen stepped down as director
  • Annual report for 2022 published
  • Hans Peter Ambrosius Andreasen stepped down as board member
  • Karl Christiansen stepped down as board member
  • Per Mortensen stepped down as board member
20226 changesmerger 1 · management 4 · accounts 1
  • Merger registered in CVR
  • Per Anders Høegh Sandbergh Stouge appointed board member
  • Annual report for 2021 published
  • Carsten Bryder Thejls appointed ceo
  • Peder Østermark Andreasen appointed board member
  • Kathrine Forsberg appointed board member
20211 changeaccounts 1
  • Annual report for 2020 published
201915 changesname 1 · capital 1 · management 11 · ownership 1 · merger 1
  • Name changed from Evonet A/S to N1 A/S
  • Share capital changed from 160,000,000 DKK to 363,636,000 DKK
  • Hans Peter Ambrosius Andreasen appointed board member
  • Jørgen Holt Clemmensen appointed board member
  • John Thomsen appointed board member
  • Jytte Rabæk Schmidt appointed board member
  • Jan Østergård Jensen appointed director
  • Karl Christiansen appointed board member
  • Per Mortensen appointed board member
  • Jacob Andreasen stepped down as board member
  • Daniel Skovsbo Erichsen stepped down as board member
  • Norlys Infrastruktur A/S registered as owner (50%)
  • Merger registered in CVR
  • Jesper Vinter Barslund appointed chair of the board
  • Michael Plesner Østergaard stepped down as chair of the board
20187 changesmanagement 6 · name 1
  • Michael Plesner Østergaard appointed chair of the board
  • Daniel Skovsbo Erichsen appointed director
  • Jacob Andreasen appointed board member
  • Michael Plesner Østergaard stepped down as director
  • Michael Plesner Østergaard stepped down as board member
  • Jacob Andreasen stepped down as chair of the board
  • Name changed from SYD ENERGI Net A/S to Evonet A/S
20173 changesname 1 · capital 1 · merger 1
  • Name changed from SYD ENERGI NET A/S to SYD ENERGI Net A/S
  • Share capital changed from 150,500,000 DKK to 160,000,000 DKK
  • Merger registered in CVR
20162 changesmanagement 2
  • Michael Plesner Østergaard appointed board member
  • Jens Ammitzbo stepped down as board member
20152 changesmanagement 2
  • Daniel Skovsbo Erichsen appointed board member
  • Camilla Dalgaard stepped down as board member
20147 changesmanagement 4 · ownership 1 · merger 2
  • Michael Plesner Østergaard appointed director
  • Camilla Dalgaard appointed board member
  • Preben Ruge Hildebrandt stepped down as director
  • Erik Møller Jørgensen stepped down as board member
  • Norlys Forsyning A/S registered as owner (33.33%)
  • Merger registered in CVR
  • Merger registered in CVR
20135 changesaddress 1 · management 4
  • Moved to Edison Park 1, 6715 Esbjerg N
  • Jacob Andreasen appointed chair of the board
  • Preben Ruge Hildebrandt appointed director
  • Niels Ulrich Duedahl stepped down as chair of the board
  • Jacob Andreasen stepped down as director
20124 changesmanagement 4
  • Torben Nielsen stepped down as deputy board member
  • Dennis Vang Bendorff stepped down as board member
  • Jens Ammitzbo appointed board member
  • Palle Nygaard Jensen stepped down as board member
20112 changesmanagement 2
  • Jørgen Holt Clemmensen stepped down as deputy board member
  • Kim Lodberg Nielsen stepped down as board member
20102 changescapital 1 · merger 1
  • Share capital changed from 150,000,000 DKK to 150,500,000 DKK
  • Merger registered in CVR
20092 changesmanagement 2
  • Niels Ulrich Duedahl appointed chair of the board
  • Ebbe Seligmann stepped down as chair of the board
20085 changesmanagement 4 · industry 1
  • Torben Nielsen appointed deputy board member
  • Dennis Vang Bendorff appointed board member
  • Jørgen Holt Clemmensen appointed deputy board member
  • Niels Graves Christensen stepped down as board member
  • Industry changed to Transmission of electricity (351300)
20072 changescapital 1 · merger 1
  • Share capital changed from 100,000,000 DKK to 150,000,000 DKK
  • Merger registered in CVR
20068 changesname 1 · management 7
  • Name changed from SYDVEST ENERGI NET A/S to SYD ENERGI NET A/S
  • Jacob Andreasen appointed director
  • Erik Møller Jørgensen appointed board member
  • Niels Graves Christensen appointed board member
  • Jørgen Hollænder Beeck stepped down as deputy board member
  • Preben Josefsen stepped down as board member
  • Bent Brødbæk stepped down as board member
  • Bent Brødbæk stepped down as director
20051 changeindustry 1
  • Industry changed to Distribution af og handel med elektricitet (401300)
20041 changemanagement 1
  • Palle Nygaard Jensen appointed board member
20034 changesmanagement 3 · industry 1
  • Jørgen Hollænder Beeck appointed deputy board member
  • Preben Josefsen appointed board member
  • Kim Lodberg Nielsen appointed board member
  • Industry changed to Produktion af elektricitet (401100)
20013 changesname 1 · merger 1 · capital 1
  • Name changed from VEST ENERGI NET A/S to SYDVEST ENERGI NET A/S
  • Merger registered in CVR
  • Share capital changed from 10,000,000 DKK to 100,000,000 DKK
200021 changescapital 1 · management 20
  • Share capital changed from 500,000 DKK to 10,000,000 DKK
  • Bent Brødbæk appointed board member
  • Ebbe Seligmann appointed chair of the board
  • Ebbe Seligmann appointed director
  • Ebbe Seligmann stepped down as director
  • Arne Schultz Thygesen stepped down as board member
  • Torben Kristian Olsen stepped down as board member
  • Peter Engberg Schmidt stepped down as board member
  • Kurt Øland stepped down as board member
  • Bakken Hansen stepped down as board member
  • Eva Graakjær Lund stepped down as board member
  • Jens Astrup Madsen stepped down as board member
  • Erling Kristensen stepped down as board member
  • Olav Tranbjerg Møller stepped down as board member
  • Andreas Grønbjerg Pedersen stepped down as board member
  • Flemming Sigurd Bay-Jensen stepped down as board member
  • Bodil Gravsholt stepped down as board member
  • Morten Beck Høyer stepped down as board member
  • Knud Jager Andersen stepped down as board member
  • Arvid Ryttergaard stepped down as chair of the board
  • Niels Peder Nørregaard stepped down as board member
199918 changesfounded 1 · management 17
  • Registered as VEST ENERGI NET A/S
  • Arne Schultz Thygesen appointed board member
  • Torben Kristian Olsen appointed board member
  • Peter Engberg Schmidt appointed board member
  • Kurt Øland appointed board member
  • Bakken Hansen appointed board member
  • Eva Graakjær Lund appointed board member
  • Jens Astrup Madsen appointed board member
  • Erling Kristensen appointed board member
  • Olav Tranbjerg Møller appointed board member
  • Andreas Grønbjerg Pedersen appointed board member
  • Flemming Sigurd Bay-Jensen appointed board member
  • Bodil Gravsholt appointed board member
  • Bent Brødbæk appointed director
  • Morten Beck Høyer appointed board member
  • Knud Jager Andersen appointed board member
  • Arvid Ryttergaard appointed chair of the board
  • Niels Peder Nørregaard appointed board member

Related companies

Same people in management

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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 23/10/2026.

View in CVRReport a correction