Recraft Energy A/S
Public limited companyCVR 42196576Randers SVActive
Recraft Energy A/S is a public limited company, based in Randers SV, active in manufacture of refined petroleum products and fossil fuels, founded in 2021. Equity was negative at the end of 2025 (−DKK 6.5m). The company made a loss in both 2024 and 2025, most recently DKK 34.9m. Operations are spread over 3 production units in 3 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 23.4m to DKK 34.9m (2024 → 2025).
Employees
- 3 fewer employees than a year earlier: 2 (07/2026) against 5 (07/2025).
Management and owners, last 24 months
- New in management: Søren Mikkelsen (board member, 15/07/2025), Yousef Abdullah Almotlaq (chair of the board, 15/07/2025) and Abdulkareem Hamad A Alayuni (board member, 15/07/2025) (+1).
- Stepped down: Mads Holm (director, 01/09/2025), Rasmus Bach Nielsen (chair of the board, 15/07/2025) and Morten Rudebeck Henriksen (director, 01/06/2026) (+3).
- New owners registered: Makeen International S.à r.l. (15/07/2025).
- No longer registered as owner: Trafigura Holdings B.V. (15/07/2025) and Opus Energy Trading Pte. Ltd. (15/07/2025).
Registrations, last 24 months
- 11/09/2025: Moved to Alsvej 21, 8940 Randers SV
- 14/07/2025: Share capital changed from 767,800 DKK to 767,801 DKK
- 01/01/2025: Industry changed to Manufacture of refined petroleum products and fossil fuels (192000)
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 2021–2025 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | −808 | −2,431 | −4,634 | −7,008 | −4,857 | +30.7% |
| Operating profit (EBIT) | −2,624 | −8,130 | −11,763 | −14,282 | −14,962 | −4.8% |
| Profit before tax | −2,680 | −9,571 | −16,582 | −23,374 | −28,173 | −20.5% |
| Net profit | −2,091 | −7,466 | −13,010 | −23,374 | −34,876 | −49.2% |
| Total assets | 41,093 | 108,853 | 149,572 | 149,365 | 137,491 | −7.9% |
| Equity | 35,089 | 27,623 | 14,614 | −8,760 | −6,494 | +25.9% |
| Liabilities | 6,004 | 81,230 | 134,958 | 158,125 | 143,985 | −8.9% |
| Cash and cash equivalents | 6,150 | 17,834 | 4,404 | 2,967 | 447 | −84.9% |
| Average number of employees | 3 | 3 | – | 5 | 5 | 0% |
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 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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 6.5m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 5 years in a row
Net result has been negative in 2021–2025.
How is this calculated?
Net result is negative in the two or more 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
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 31/12/2025 | 02/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 31/03/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 10/01/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 17/01/2023 | The company | PDFXBRL |
| 2021 | 05/03/2021 – 30/09/2021 | 01/03/2022 | The company | 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
8 companies in the databaseComparison with the other companies in manufacture of refined petroleum products and fossil fuels based on the latest financial year.
Industry median: gross profit DKK 11.7m, net profit DKK 655k, equity DKK 15.3m, 16 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 69,518of 69,742 Better than 0% | No. 69,357of 69,964 Better than 1% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,433of 33,588 Better than 0% | No. 33,194of 33,687 Better than 1% |
| All companies of type A/S18,025 companies in the comparison | No. 17,634of 17,786 Better than 1% | No. 17,728of 18,024 Better than 2% |
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
Manufacture of refined petroleum products and fossil fuels- Recraft Energy A/S−DKK 4.9m
- Crossbridge Energy A/SDKK 416.7m
- Kalundborg Refinery A/SDKK 125.9m
- Recraft Energy A/S−DKK 34.9m
- Crossbridge Energy A/SDKK 119.4m
- Kalundborg Refinery A/SDKK 11.6m
- Recraft Energy A/S−DKK 6.5m
- Crossbridge Energy A/SDKK 1.6bn
- Kalundborg Refinery A/SDKK 360.7m
- Recraft Energy A/S2
- Crossbridge Energy A/S302
- Kalundborg Refinery A/S391
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Makeen International S.à r.l.100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Bo Larsen | Director | 01/06/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Søren Mikkelsen | Board member | 15/07/2025 |
| Yousef Abdullah Almotlaq | Chair of the board | 15/07/2025 |
| Abdulkareem Hamad A Alayuni | Board member | 15/07/2025 |
- Founders
- Trafigura Holdings B.V.
Former management (7)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Mads Holm | Director | 05/03/2021 | 01/09/2025 |
| Rasmus Bach Nielsen | Chair of the board | 05/03/2021 | 15/07/2025 |
| Morten Rudebeck Henriksen | Director | 05/03/2021 | 01/06/2026 |
| Carlos Bernardo Pons Navazo | Board member | 05/03/2021 | 20/07/2021 |
| Naeem Ahmed | Board member | 05/03/2021 | 15/07/2025 |
| Jeremy Grant | Board member | 05/03/2021 | 15/07/2025 |
| Dmitry Miller | Board member | 20/07/2021 | 15/07/2025 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse
Address and production units
3 active production unitsAlsvej 21
8940 Randers SV
Randers Municipality · Postcode 8940
Other companies at the address (6)
- Makeen Gas Solutions A/SManufacture of other general-purpose machinery n.e.c.
- Makeen Energy A/SNon-financial holding companies
- Makeen EnviroTech A/SManufacture of other general-purpose machinery n.e.c.
- Biofuel Express A/SWholesale of solid, liquid and gaseous fuels and related products
- Makeen Gas Equipment Denmark A/SWholesale of other machinery and equipment
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Recraft Energy A/S | Alsvej 21, 8940 Randers SV | 5 | 1026890779 |
| Recraft Energy A/S | Dannevirkevej 6, 7000 Fredericia | 2 | 1029995717 |
| Recraft Energy A/S | Nordre Havnevej 2, 8960 Randers SØ | – | 1028618758 |
Purpose
Selskabets formål er fremstilling af bæredygtig olie samt aktiviteter, der efter bestyrelsens skøn er forbundet hermed.
The purpose is quoted from the register in Danish.
Changes year by year
40 registered events20263 changesaccounts 1 · management 2
- AccountsAnnual report for 2025 published
- ManagementBo Larsen appointed director
- ManagementMorten Rudebeck Henriksen stepped down as director
202515 changesaddress 1 · management 8 · ownership 3 · capital 1 · accounts 1 · industry 1
- AddressMoved to Alsvej 21, 8940 Randers SV
- ManagementMads Holm stepped down as director
- ManagementSøren Mikkelsen appointed board member
- ManagementYousef Abdullah Almotlaq appointed chair of the board
- ManagementAbdulkareem Hamad A Alayuni appointed board member
- ManagementDmitry Miller stepped down as board member
- ManagementJeremy Grant stepped down as board member
- ManagementRasmus Bach Nielsen stepped down as chair of the board
- ManagementNaeem Ahmed stepped down as board member
- OwnershipMakeen International S.à r.l. registered as owner (100%)
- OwnershipTrafigura Holdings B.V. is no longer registered as owner
- OwnershipOpus Energy Trading Pte. Ltd. is no longer registered as owner
- CapitalShare capital changed from 767,800 DKK to 767,801 DKK
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Manufacture of refined petroleum products and fossil fuels (192000)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20235 changesownership 4 · accounts 1
- OwnershipTrafigura Holdings B.V. registered as owner (90%)
- OwnershipOpus Energy Trading Pte. Ltd. registered as owner (10%)
- OwnershipTrafigura Holdings B.V. is no longer registered as owner
- OwnershipOpus Energy Trading Pte. Ltd. is no longer registered as owner
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · address 1
- AccountsAnnual report for 2021 published
- AddressMoved to H.C. Andersens Boulevard 38, 3. th, 1553 København V
202114 changesaddress 2 · management 8 · capital 1 · founded 1 · ownership 2
- AddressMoved to Købmagergade 60, 1. tv, 1150 København K
- AddressMoved to Købmagergade 60, 1. tv, 1150 København K
- ManagementDmitry Miller appointed board member
- ManagementCarlos Bernardo Pons Navazo stepped down as board member
- CapitalShare capital changed from 400,000 DKK to 767,800 DKK
- FoundedRegistered as Recraft Energy A/S
- ManagementMads Holm appointed director
- ManagementJeremy Grant appointed board member
- ManagementRasmus Bach Nielsen appointed chair of the board
- ManagementMorten Rudebeck Henriksen appointed director
- ManagementCarlos Bernardo Pons Navazo appointed board member
- ManagementNaeem Ahmed appointed board member
- OwnershipTrafigura Holdings B.V. registered as owner (66.67%)
- OwnershipOpus Energy Trading Pte. Ltd. registered as owner (20%)
Related companies
Same people in management
- Makeen Gas Solutions A/Svia Bo Larsen
- Makeen Energy A/Svia Søren Mikkelsen
- Makeen EnviroTech A/Svia Søren Mikkelsen
- Trafigura Denmark ApSvia Rasmus Bach Nielsen
- Inventarrum A/Svia Mads Holm
- Makeen Gas Equipment Denmark A/Svia Bo Larsen
Largest in the industry
- Crossbridge Energy A/SDKK 416.7m
- Kalundborg Refinery A/SDKK 125.9m
- AVISTA Green ApSDKK 99.4m
- Alaska A/SDKK 19.8m
- Abcon A/SDKK 3.6m
- Waste2Value ApSDKK 596k
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.