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Netselskabet Elværk A/S

Public limited companyCVR 21085200ThistedActive

Netselskabet Elværk A/S is a public limited company, based in Thisted, active in distribution of electricity, founded in 1998. 5 other companies in the database are registered at the same address. 8 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 117.6m+6.4% vs. 2024
Net profitDKK 32.3m−0.3% vs. 2024
EquityDKK 883.7m+3.8% vs. 2024
Employees47latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 6% (2024 → 2025), to DKK 117.6m.
  • Equity rose 4% (2024 → 2025), to DKK 883.7m.

Employees

  • 6 more employees than a year earlier: 47 (08/2026) against 41 (08/2025).

Management and owners, last 24 months

  • New in management: Jørgen Mosegaard (board member, 18/11/2025), Lars Peter Christiansen (chair of the board, 18/11/2025) and Jonas Houkjær Bech (deputy chair, 18/11/2025) (+3).
  • Stepped down: Konrad Sejersbøl (board member, 18/11/2025), Ulf Ørsøe Nyborg (board member, 18/11/2025) and Lars Peter Christiansen (ceo, 18/11/2025) (+11).

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 200mDKK 400mDKK 600mDKK 800m202020212022202320242025
EquityNet profit
Financial figures for Netselskabet Elværk A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit89,60466,93885,115121,069110,509117,551+6.4%
Operating profit (EBIT)30,2545,18621,39850,69236,55741,423+13.3%
Profit before tax30,2933,35320,73354,73040,90641,451+1.3%
Net profit24,0652,75416,26743,30632,41032,311−0.3%
Total assets1,063,9421,025,6751,049,9911,083,0361,117,3761,147,762+2.7%
Equity809,523789,436806,264832,728851,243883,705+3.8%
Liabilities241,121227,654236,281244,736261,746261,356−0.1%
Cash and cash equivalents252831215467410−12.2%
Average number of employees313335363841+7.9%

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160m202020212022202320242025
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 Netselskabet Elværk A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202209/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202122/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/05/2021The 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
0102030405009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

18 companies in the database

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

Gross profitDKK 117.6mNo. 11 of 18
Better than 41% of the companies in the industry
EquityDKK 883.7mNo. 10 of 18
Better than 47% of the companies in the industry
Number of employees47No. 7 of 18
Better than 65% 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 20–49 employees9,922 companies in the comparison
No. 109of 9,892
Better than 99%
No. 68of 9,922
Better than 99%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 602of 24,791
Better than 98%
No. 234of 24,909
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 1,348of 17,786
Better than 92%
No. 456of 18,024
Better than 97%

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. Netselskabet Elværk A/SDKK 117.6m
  2. N1 A/SDKK 1.8bn
  3. Radius Elnet A/SDKK 1.6bn
Net profit
  1. Netselskabet Elværk A/SDKK 32.3m
  2. N1 A/SDKK 387.2m
  3. Radius Elnet A/SDKK 512.1m
Equity
  1. Netselskabet Elværk A/SDKK 883.7m
  2. N1 A/SDKK 6.2bn
  3. Radius Elnet A/SDKK 3.9bn
Employees
  1. Netselskabet Elværk A/S47
  2. N1 A/S837
  3. Radius Elnet A/S39

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
Netselskabet Elværk A/S

Management

7 active registrations

Executive management

Executive management at Netselskabet Elværk A/S
NameRoleAppointed
Elisa Hove de LassonCEO18/11/2025

Board of directors

Board of directors at Netselskabet Elværk A/S
NameRoleAppointed
Robert HoveBoard member21/05/2024
Søren MarkussenBoard member21/05/2024
Rasmus Anneberg PedersenBoard member29/05/2024
Jørgen MosegaardBoard member18/11/2025
Lars Peter ChristiansenChair of the board18/11/2025
Jonas Houkjær BechDeputy chair18/11/2025
Founders
Preben Bang Henriksen. Aalborg ApS
Former management (47)
Former management at Netselskabet Elværk A/S
NameRoleAppointedResigned
Preben Bang HenriksenDirector01/07/199818/01/1999
Jens Søgaard KristensenDirector18/01/199930/09/2016
Svend Aage Bonde JohansenBoard member18/01/199931/12/2003
Karl BennedsgaardBoard member30/08/200013/06/2017
Arne Bruun KristiansenBoard member30/08/200031/12/2003
Henning Aage Westergaard PetersenBoard member30/08/200031/12/2003
Freddy FrostBoard member31/12/200320/05/2008
Lejf BerntsenDeputy chair11/02/200430/04/2013
Mogens Hartvig Gellert BaadsgaardBoard member20/05/200819/06/2014
Konrad SejersbølBoard member17/06/201018/11/2025
Carl Georg LyngsBoard member17/06/201021/05/2024
Hans Christian KrøyerBoard member14/06/201222/05/2018
Søren BertelsenChair of the board27/11/201223/05/2018
Anton Kirk ToftDeputy chair30/04/201323/05/2018
Lean Søndergaard NybyBoard member30/04/201314/06/2022
Ulf Ørsøe NyborgBoard member19/06/201418/11/2025
Robert HoveBoard member27/01/201522/05/2018
Lars Peter ChristiansenCEO01/10/201618/11/2025
Søren LyndrupBoard member13/06/201718/11/2025
Robert HoveChair of the board23/05/201820/05/2024
Claus Grothe RysgaardDeputy board member23/05/201814/06/2022
Niels Peter PoulsenDeputy board member23/05/201813/06/2019
Hans Christian KrøyerDeputy chair23/05/201813/06/2019
Bendt BruunDeputy board member23/05/201813/06/2019
Jakob TangeBoard member23/05/201818/11/2025
Søren MarkussenBoard member23/05/201812/06/2019
Henrik Hilligsø MunkBoard member13/06/201921/05/2024
Bjarne ØstergaardDeputy board member13/06/201924/06/2021
Erik OdgaardDeputy board member13/06/201924/06/2021
Søren MarkussenDeputy chair13/06/201920/05/2024
Jacob ThomsenDeputy board member24/06/202113/06/2022
Bendt BruunDeputy board member24/06/202114/06/2022
Finn Østergaard JeppesenDeputy board member14/06/202220/05/2024
Bjarne ØstergaardBoard member14/06/202221/05/2024
Jacob ThomsenDeputy board member14/06/202220/05/2024
Lise TangeDeputy board member14/06/202220/05/2024
Kristian TilstedDirector08/06/202330/06/2024
Finn Østergaard JeppesenDeputy board member21/05/202417/06/2024
Jesper Primdahl NielsenDeputy chair21/05/202418/11/2025
Jacob ThomsenDeputy board member21/05/202421/05/2026
Lise TangeDeputy board member21/05/202421/05/2026
Pia Lykke MadsenChair of the board21/05/202418/11/2025
Bjarke Højer ThomsenBoard member29/05/202427/08/2025
Kenneth Ejler MortensenBoard member29/05/202427/08/2025
Jesper Krogh GrudDeputy board member17/06/202424/06/2025
Elisa Hove de LassonDirector01/12/202417/11/2025
Mogens Skovlund BakDeputy board member24/06/202521/05/2026

Signing rule: Selskabet tegnes af formanden for bestyrelsen i forening med næstformanden for bestyrelsen eller af en direktør i forening med formanden eller næstformanden eller af den samlede bestyrelse.

Address and production units

1 active production units

Løvevej 5
7700 Thisted

Thisted Municipality · Postcode 7700

Other companies at the address (5)

Production units
Production unitAddressEmployeesP number
Netselskabet Elværk A/SLøvevej 5, 7700 Thisted471024234335

Purpose

Selskabets formål er at eje og drive eldistributionsnet i henhold til bevilling efter elforsyningsloven. Selskabet kan indgå i samarbejde med andre selskaber, herunder oprette selskaber for udførelsen af formålet. Selskabet kan herudover alene eller sammen med andre drive virksomhed med tilknytning til elforsyningsvirksomhed i selvstændigt selskab med begrænset ansvar.

The purpose is quoted from the register in Danish.

Changes year by year

126 registered events
20264 changesaccounts 1 · management 3
  • Annual report for 2025 published
  • Mogens Skovlund Bak stepped down as deputy board member
  • Lise Tange stepped down as deputy board member
  • Jacob Thomsen stepped down as deputy board member
202517 changesmanagement 16 · accounts 1
  • Elisa Hove de Lasson appointed ceo
  • Lars Peter Christiansen appointed chair of the board
  • Jørgen Mosegaard appointed board member
  • Jonas Houkjær Bech appointed deputy chair
  • Pia Lykke Madsen stepped down as chair of the board
  • Jesper Primdahl Nielsen stepped down as deputy chair
  • Jakob Tange stepped down as board member
  • Søren Lyndrup stepped down as board member
  • Lars Peter Christiansen stepped down as ceo
  • Ulf Ørsøe Nyborg stepped down as board member
  • Konrad Sejersbøl stepped down as board member
  • Elisa Hove de Lasson stepped down as director
  • Bjarke Højer Thomsen stepped down as board member
  • Kenneth Ejler Mortensen stepped down as board member
  • Mogens Skovlund Bak appointed deputy board member
  • Jesper Krogh Grud stepped down as deputy board member
  • Annual report for 2024 published
202424 changesmanagement 22 · merger 1 · accounts 1
  • Elisa Hove de Lasson appointed director
  • Merger registered in CVR
  • Kristian Tilsted stepped down as director
  • Jesper Krogh Grud appointed deputy board member
  • Finn Østergaard Jeppesen stepped down as deputy board member
  • Rasmus Anneberg Pedersen appointed board member
  • Bjarke Højer Thomsen appointed board member
  • Kenneth Ejler Mortensen appointed board member
  • Annual report for 2023 published
  • Finn Østergaard Jeppesen appointed deputy board member
  • Søren Markussen appointed board member
  • Robert Hove appointed board member
  • Pia Lykke Madsen appointed chair of the board
  • Lise Tange appointed deputy board member
  • Jacob Thomsen appointed deputy board member
  • Jesper Primdahl Nielsen appointed deputy chair
  • Bjarne Østergaard stepped down as board member
  • Henrik Hilligsø Munk stepped down as board member
  • Carl Georg Lyngs stepped down as board member
  • Lise Tange stepped down as deputy board member
  • Jacob Thomsen stepped down as deputy board member
  • Finn Østergaard Jeppesen stepped down as deputy board member
  • Søren Markussen stepped down as deputy chair
  • Robert Hove stepped down as chair of the board
20233 changesaccounts 1 · management 1 · address 1
  • Annual report for 2022 published
  • Kristian Tilsted appointed director
  • Moved to Løvevej 5, 7700 Thisted
202210 changesmanagement 8 · accounts 1 · name 1
  • Bjarne Østergaard appointed board member
  • Lise Tange appointed deputy board member
  • Jacob Thomsen appointed deputy board member
  • Finn Østergaard Jeppesen appointed deputy board member
  • Bendt Bruun stepped down as deputy board member
  • Claus Grothe Rysgaard stepped down as deputy board member
  • Lean Søndergaard Nyby stepped down as board member
  • Jacob Thomsen stepped down as deputy board member
  • Annual report for 2021 published
  • Name changed from THY-MORS ENERGI ELNET A/S to NETSELSKABET ELVÆRK A/S
20215 changesmanagement 4 · accounts 1
  • Bendt Bruun appointed deputy board member
  • Jacob Thomsen appointed deputy board member
  • Bjarne Østergaard stepped down as deputy board member
  • Erik Odgaard stepped down as deputy board member
  • Annual report for 2020 published
20198 changesmanagement 8
  • Bjarne Østergaard appointed deputy board member
  • Henrik Hilligsø Munk appointed board member
  • Erik Odgaard appointed deputy board member
  • Søren Markussen appointed deputy chair
  • Bendt Bruun stepped down as deputy board member
  • Hans Christian Krøyer stepped down as deputy chair
  • Niels Peter Poulsen stepped down as deputy board member
  • Søren Markussen stepped down as board member
201811 changesmanagement 11
  • Robert Hove appointed chair of the board
  • Søren Markussen appointed board member
  • Jakob Tange appointed board member
  • Bendt Bruun appointed deputy board member
  • Hans Christian Krøyer appointed deputy chair
  • Niels Peter Poulsen appointed deputy board member
  • Claus Grothe Rysgaard appointed deputy board member
  • Anton Kirk Toft stepped down as deputy chair
  • Søren Bertelsen stepped down as chair of the board
  • Robert Hove stepped down as board member
  • Hans Christian Krøyer stepped down as board member
20172 changesmanagement 2
  • Søren Lyndrup appointed board member
  • Karl Bennedsgaard stepped down as board member
20162 changesmanagement 2
  • Lars Peter Christiansen appointed ceo
  • Jens Søgaard Kristensen stepped down as director
20151 changemanagement 1
  • Robert Hove appointed board member
20142 changesmanagement 2
  • Ulf Ørsøe Nyborg appointed board member
  • Mogens Hartvig Gellert Baadsgaard stepped down as board member
20133 changesmanagement 3
  • Anton Kirk Toft appointed deputy chair
  • Lean Søndergaard Nyby appointed board member
  • Lejf Berntsen stepped down as deputy chair
20122 changesmanagement 2
  • Søren Bertelsen appointed chair of the board
  • Hans Christian Krøyer appointed board member
20107 changescapital 2 · name 1 · management 2 · merger 1 · ownership 1
  • Share capital changed from 2,000,000 DKK to 101,000,000 DKK
  • Share capital changed from 1,000,000 DKK to 2,000,000 DKK
  • Name changed from THY-MORS EL-NET A/S to THY-MORS ENERGI ELNET A/S
  • Carl Georg Lyngs appointed board member
  • Konrad Sejersbøl appointed board member
  • Merger registered in CVR
  • THY-MORS ENERGI HOLDING A/S registered as owner (100%)
20083 changesmanagement 2 · industry 1
  • Mogens Hartvig Gellert Baadsgaard appointed board member
  • Freddy Frost stepped down as board member
  • Industry changed to Transmission of electricity (351300)
20051 changeindustry 1
  • Industry changed to Distribution af og handel med elektricitet (401300)
20042 changesmerger 1 · management 1
  • Merger registered in CVR
  • Lejf Berntsen appointed deputy chair
20036 changesname 1 · management 4 · industry 1
  • Name changed from MORSØ ELFORSYNING NET A/S to THY-MORS EL-NET A/S
  • Freddy Frost appointed board member
  • Arne Bruun Kristiansen stepped down as board member
  • Henning Aage Westergaard Petersen stepped down as board member
  • Svend Aage Bonde Johansen stepped down as board member
  • Industry changed to Produktion af elektricitet (401100)
20011 changeindustry 1
  • Industry changed to Elforsyning (401000)
20005 changesmanagement 3 · name 1 · capital 1
  • Arne Bruun Kristiansen appointed board member
  • Henning Aage Westergaard Petersen appointed board member
  • Karl Bennedsgaard appointed board member
  • Name changed from MORSØ ELFORSYNING ERHVERV ApS to MORSØ ELFORSYNING NET A/S
  • Share capital changed from 200,000 DKK to 1,000,000 DKK
19995 changesname 1 · capital 1 · management 3
  • Name changed from PBH 26.464 ApS to MORSØ ELFORSYNING ERHVERV ApS
  • Share capital changed from 125,000 DKK to 200,000 DKK
  • Svend Aage Bonde Johansen appointed board member
  • Jens Søgaard Kristensen appointed director
  • Preben Bang Henriksen stepped down as director
19982 changesfounded 1 · management 1
  • Registered as PBH 26.464 ApS
  • Preben Bang Henriksen appointed director

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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