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Radius Elnet A/S

Public limited companyCVR 29915458SvinningeActive

Radius Elnet A/S is a public limited company, based in Svinninge, active in distribution of electricity, founded in 2006. Measured by gross profit, it ranks no. 2 of 18 companies in the industry in the database. Profit has grown three years in a row. Operations are spread over 3 production units in 3 towns.

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Key figures · financial year 2025

RevenueDKK 2.5bn−1.6% vs. 2024
Net profitDKK 512.1m+0.9% vs. 2024
EquityDKK 3.9bn+16% vs. 2024
Employees39latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 1% (2024 → 2025), to DKK 1.6bn.
  • Revenue fell 2% (2024 → 2025), to DKK 2.5bn.
  • Equity rose 16% (2024 → 2025), to DKK 3.9bn.

Employees

  • 2 more employees than a year earlier: 39 (08/2026) against 37 (08/2025).

Management and owners, last 24 months

  • New in management: Jon Balsby (deputy chair, 08/05/2025), Kristoffer Böttzauw (chair of the board, 10/10/2025) and Ditte Marie Reinholdt Jensen (board member, 01/01/2026) (+1).
  • Stepped down: Knud Pedersen (chair of the board, 10/10/2025), Pelle Dragsted (board member, 31/12/2025) and Claes Leisgaard Graff (board member, 09/06/2026) (+2).

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 1bnDKK 2bnDKK 3bnDKK 4bnDKK 5bn202020212022202320242025
EquityNet profit
Financial figures for Radius Elnet A/S
202020212022202320242025Change
Revenue1,908,2172,123,5382,602,0672,456,1752,520,3862,479,822−1.6%
Gross profit1,186,7111,281,2991,402,5321,424,3431,584,8931,567,971−1.1%
Operating profit (EBIT)511,331589,808713,052750,035896,410850,266−5.1%
Profit before tax483,324565,112646,485471,229660,093642,919−2.6%
Net profit376,774440,432506,233367,697507,514512,092+0.9%
Total assets14,042,71214,584,96015,036,46515,853,13816,667,63217,337,910+4%
Equity5,016,0331,995,9622,502,1952,868,5713,330,6633,863,238+16%
Liabilities9,026,67912,588,99811,807,28712,479,25212,953,68913,168,765+1.7%
Cash and cash equivalents8,7864,8080–1819+5.6%
Average number of employees182526313435+2.9%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bnDKK 1.4bnDKK 1.6bn202020212022202320242025
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 Radius Elnet A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202510/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202311/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202103/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202009/06/2021The 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
01020304009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 1.6bnNo. 2 of 18
Better than 94% of the companies in the industry
EquityDKK 3.9bnNo. 2 of 18
Better than 94% of the companies in the industry
Number of employees39No. 9 of 18
Better than 53% 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. 7of 9,892
Better than 100%
No. 12of 9,922
Better than 100%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 34of 24,791
Better than 100%
No. 55of 24,909
Better than 100%
All companies of type A/S18,025 companies in the comparison
No. 88of 17,786
Better than 100%
No. 125of 18,024
Better than 99%

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

Management

9 active registrations

Executive management

Executive management at Radius Elnet A/S
NameRoleAppointed
Jens Fossar MadsenDirector01/08/2016

Board of directors

Board of directors at Radius Elnet A/S
NameRoleAppointed
Anders Jørn JensenBoard member12/04/2019
Søren EriksenBoard member01/09/2021
Hanne ChristensenBoard member01/09/2021
Brian Vad MathiesenBoard member17/05/2023
Jon BalsbyDeputy chair08/05/2025
Kristoffer BöttzauwChair of the board10/10/2025
Ditte Marie Reinholdt JensenBoard member01/01/2026
Lotte TangeBoard member09/06/2026
Founders
Ke Drift A/S
Former management (36)
Former management at Radius Elnet A/S
NameRoleAppointedResigned
Lars Bohn LorensenDirector07/08/200615/10/2007
Poul LindChair of the board07/08/200616/01/2007
Else Brink LaursenBoard member07/08/200606/04/2009
Christian Brøbech LegarthBoard member07/08/200606/04/2009
Lars Erik ClausenChair of the board16/01/200719/09/2007
Leif BrandtDeputy chair16/04/200719/09/2007
Mads Peter Arndal-LauritzenChair of the board19/09/200727/08/2008
Lone RasmussenBoard member19/09/200731/08/2020
Flemming Silius NielsenDirector15/10/200727/08/2008
Freddy KlausenDeputy chair27/08/200806/04/2009
Peter Skak-IversenChair of the board27/08/200801/06/2010
Jens Edvard JakobssonDirector27/08/200820/05/2009
Bjarne KallesøeBoard member06/04/200906/10/2010
Eric ChristensenBoard member06/04/200906/10/2010
Mogens HoueDirector20/05/200901/06/2010
Jens Edvard JakobssonDeputy chair02/06/200908/10/2014
Annette BakkemoseBoard member02/06/200923/05/2011
Jens Christian Parbøl HansenDirector01/06/201001/08/2016
Knud PedersenChair of the board01/06/201010/10/2025
Vagn Kjær-HansenBoard member06/10/201017/05/2023
Niels OlsenBoard member06/10/201012/04/2019
Jakob HaasBoard member06/10/201020/09/2013
Henrik Gaarn BakBoard member17/11/201101/12/2016
Maria Reumert GjerdingBoard member20/09/201312/04/2019
Anders VikkelsøDeputy chair08/10/201410/11/2020
Helle Didda Højsholt SehestedBoard member26/01/201531/08/2020
Jeppe Hoff NielsenBoard member01/12/201631/08/2020
Pelle DragstedBoard member12/04/201931/12/2025
Carsten Kjær PoulsenBoard member31/08/202010/11/2020
Benjamin Henrik LublinBoard member31/08/202001/09/2021
Charlotte Døssing PommerDeputy chair10/11/202014/03/2022
Jon BalsbyBoard member10/11/202013/03/2022
Claes Leisgaard GraffBoard member01/09/202109/06/2026
Jon BalsbyDeputy chair14/03/202202/10/2022
Jon BalsbyBoard member03/10/202207/05/2025
Kirstine BergenholtzDeputy chair03/10/202208/05/2025

Signing rule: Selskabet tegnes af bestyrelsens formand eller næstformand i forening med en direktør eller et bestyrelsesmedlem.

Address and production units

3 active production units

Hovedgaden 36
4520 Svinninge

Holbæk Municipality · Postcode 4520

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
Radius Elnet A/STeknikerbyen 25, 2830 Virum391024723131
Radius Elnet A/SHovedgaden 36, 4520 Svinninge21012592384
DONG ENERGY CITY ELNET A/S Hulgårdsvej 133Hulgårdsvej 133, 2400 København NV–1013599935

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

107 registered events
20264 changesaccounts 1 · management 3
  • Annual report for 2025 published
  • Lotte Tange appointed board member
  • Claes Leisgaard Graff stepped down as board member
  • Ditte Marie Reinholdt Jensen appointed board member
20257 changesmanagement 6 · accounts 1
  • Pelle Dragsted stepped down as board member
  • Kristoffer Böttzauw appointed chair of the board
  • Knud Pedersen stepped down as chair of the board
  • Annual report for 2024 published
  • Jon Balsby appointed deputy chair
  • Kirstine Bergenholtz stepped down as deputy chair
  • Jon Balsby stepped down as board member
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Brian Vad Mathiesen appointed board member
  • Vagn Kjær-Hansen stepped down as board member
20227 changesmanagement 6 · accounts 1
  • Kirstine Bergenholtz appointed deputy chair
  • Jon Balsby appointed board member
  • Jon Balsby stepped down as deputy chair
  • Annual report for 2021 published
  • Jon Balsby appointed deputy chair
  • Charlotte Døssing Pommer stepped down as deputy chair
  • Jon Balsby stepped down as board member
202111 changesownership 4 · capital 1 · merger 1 · management 4 · accounts 1
  • Andel Holding A/S registered as owner (100%)
  • SEAS-NVE Forsyningsnet A/S is no longer registered as owner
  • Share capital changed from 1,100,000,000 DKK to 1,108,661,566 DKK
  • SEAS-NVE Forsyningsnet A/S registered as owner (90%)
  • Merger registered in CVR
  • SEAS-NVE Forsyningsnet A/S is no longer registered as owner
  • Hanne Christensen appointed board member
  • Claes Leisgaard Graff appointed board member
  • Søren Eriksen appointed board member
  • Benjamin Henrik Lublin stepped down as board member
  • Annual report for 2020 published
202010 changesmanagement 9 · address 1
  • Jon Balsby appointed board member
  • Charlotte Døssing Pommer appointed deputy chair
  • Carsten Kjær Poulsen stepped down as board member
  • Anders Vikkelsø stepped down as deputy chair
  • Moved to Hovedgaden 36, 4520 Svinninge
  • Carsten Kjær Poulsen appointed board member
  • Benjamin Henrik Lublin appointed board member
  • Jeppe Hoff Nielsen stepped down as board member
  • Helle Didda Højsholt Sehested stepped down as board member
  • Lone Rasmussen stepped down as board member
20196 changesownership 2 · management 4
  • SEAS-NVE Forsyningsnet A/S registered as owner (100%)
  • Nexel A/S is no longer registered as owner
  • Anders Jørn Jensen appointed board member
  • Pelle Dragsted appointed board member
  • Maria Reumert Gjerding stepped down as board member
  • Niels Olsen stepped down as board member
20182 changesaddress 2
  • Moved to Kraftværksvej 53, Skærbæk, 7000 Fredericia
  • Moved to Kraftværksvej 53, Skærbæk, 7000 Fredericia
20165 changesmanagement 4 · name 1
  • Jeppe Hoff Nielsen appointed board member
  • Henrik Gaarn Bak stepped down as board member
  • Jens Fossar Madsen appointed director
  • Jens Christian Parbøl Hansen stepped down as director
  • Name changed from DONG ENERGY ELDISTRIBUTION A/S to Radius Elnet A/S
20151 changemanagement 1
  • Helle Didda Højsholt Sehested appointed board member
20142 changesmanagement 2
  • Anders Vikkelsø appointed deputy chair
  • Jens Edvard Jakobsson stepped down as deputy chair
20132 changesmanagement 2
  • Maria Reumert Gjerding appointed board member
  • Jakob Haas stepped down as board member
20112 changesmanagement 2
  • Henrik Gaarn Bak appointed board member
  • Annette Bakkemose stepped down as board member
201012 changesmanagement 9 · name 1 · capital 1 · merger 1
  • Jakob Haas appointed board member
  • Niels Olsen appointed board member
  • Vagn Kjær-Hansen appointed board member
  • Eric Christensen stepped down as board member
  • Bjarne Kallesøe stepped down as board member
  • Jens Christian Parbøl Hansen appointed director
  • Knud Pedersen appointed chair of the board
  • Mogens Houe stepped down as director
  • Peter Skak-Iversen stepped down as chair of the board
  • Name changed from DONG ENERGY CITY ELNET A/S to DONG ENERGY ELDISTRIBUTION A/S
  • Share capital changed from 500,000,000 DKK to 1,100,000,000 DKK
  • Merger registered in CVR
20099 changesmanagement 9
  • Jens Edvard Jakobsson appointed deputy chair
  • Annette Bakkemose appointed board member
  • Mogens Houe appointed director
  • Jens Edvard Jakobsson stepped down as director
  • Eric Christensen appointed board member
  • Bjarne Kallesøe appointed board member
  • Freddy Klausen stepped down as deputy chair
  • Christian Brøbech Legarth stepped down as board member
  • Else Brink Laursen stepped down as board member
20086 changesmanagement 5 · industry 1
  • Freddy Klausen appointed deputy chair
  • Jens Edvard Jakobsson appointed director
  • Peter Skak-Iversen appointed chair of the board
  • Flemming Silius Nielsen stepped down as director
  • Mads Peter Arndal-Lauritzen stepped down as chair of the board
  • Industry changed to Transmission of electricity (351300)
200712 changesmanagement 9 · ownership 1 · address 1 · name 1
  • Flemming Silius Nielsen appointed director
  • Lars Bohn Lorensen stepped down as director
  • Lone Rasmussen appointed board member
  • Mads Peter Arndal-Lauritzen appointed chair of the board
  • Leif Brandt stepped down as deputy chair
  • Lars Erik Clausen stepped down as chair of the board
  • Nexel A/S registered as owner (100%)
  • Moved to Kraftværksvej 53, Skærbæk, 7000 Fredericia
  • Name changed from KE ELNET A/S to DONG ENERGY CITY ELNET A/S
  • Leif Brandt appointed deputy chair
  • Lars Erik Clausen appointed chair of the board
  • Poul Lind stepped down as chair of the board
20065 changesfounded 1 · management 4
  • Registered as KE ELNET A/S
  • Poul Lind appointed chair of the board
  • Christian Brøbech Legarth appointed board member
  • Else Brink Laursen appointed board member
  • Lars Bohn Lorensen appointed director

Related companies

Same industry in Holbæk

See all →

Same people in management

Largest in the industry

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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