Refa, Stubbekøbing Fjernvarme A/S
Public limited companyCVR 32555063Nykøbing FActive
Refa, Stubbekøbing Fjernvarme A/S is a public limited company, based in Nykøbing F, active in steam and air conditioning supply (district heating), founded in 2009. 5 other companies in the database are registered at the same address. 7 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 8% (2024 → 2025), to DKK 3.6m.
- Revenue fell 5% (2024 → 2025), to DKK 15.7m.
Management and owners, last 24 months
- New in management: Bob Richard Nielsen (deputy chair, 13/01/2026) and Holger Schou Rasmussen (chair of the board, 13/01/2026).
- Stepped down: Muj Berisha (deputy chair, 13/01/2026) and Henning Michael Tønning (chair of the board, 13/01/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Steam and air conditioning supply (district heating) (353000)
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 | 12,200 | 11,992 | 12,236 | 15,733 | 16,580 | 15,674 | −5.5% |
| Gross profit | 2,565 | 2,385 | 1,715 | 3,694 | 3,968 | 3,644 | −8.2% |
| Operating profit (EBIT) | 301 | 276 | −353 | 1,156 | 1,373 | 1,002 | −27% |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | – |
| Total assets | 40,004 | 38,649 | 45,703 | 40,285 | 37,726 | 44,412 | +17.7% |
| Equity | 525 | 525 | 525 | 525 | 525 | 525 | 0% |
| Liabilities | 35,030 | 33,487 | 40,234 | 34,599 | 37,201 | 43,887 | +18% |
| Cash and cash equivalents | 3,209 | 2,607 | 4,510 | 0 | – | – | – |
| Average number of employees | – | – | – | 0 | 0 | 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.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresLow equity ratio
Equity makes up 1% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 06/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 25/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 16/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 21/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 03/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 26/05/2021 | 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
26 companies in the databaseComparison with the other companies in steam and air conditioning supply (district heating) based on the latest financial year.
Industry median: gross profit DKK 12.7m, net profit DKK 0, equity DKK 2.9m, 10 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. 18,866of 69,742 Better than 73% | No. 41,605of 69,964 Better than 41% |
| Same industry and fewer than 20 employees19 companies in the comparison | No. 13of 19 Better than 33% | No. 16of 19 Better than 17% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 11,757of 24,791 Better than 53% | No. 20,375of 24,909 Better than 18% |
| All companies of type A/S18,025 companies in the comparison | No. 13,057of 17,786 Better than 27% | No. 16,660of 18,024 Better than 8% |
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
Steam and air conditioning supply (district heating)- Refa, Stubbekøbing Fjernvarme A/SDKK 3.6m
- Kredsløb A/SDKK 174.6m
- Fjernvarme Horsens A/SDKK 137.9m
- Refa, Stubbekøbing Fjernvarme A/SDKK 0
- Kredsløb A/SDKK 0
- Fjernvarme Horsens A/SDKK 2.5m
- Refa, Stubbekøbing Fjernvarme A/SDKK 525k
- Kredsløb A/SDKK 412k
- Fjernvarme Horsens A/SDKK 14.2m
- Refa, Stubbekøbing Fjernvarme A/S5
- Kredsløb A/S570
- Fjernvarme Horsens A/S57
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mette Suhr Lisegaard Stoffregen | CEO | 01/09/2016 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Erik Thorsen | Board member | 03/10/2012 |
| Jens Ole Bronne Sørensen | Board member | 14/01/2022 |
| Mogens Kirsborg | Board member | 07/11/2023 |
| Bob Richard Nielsen | Deputy chair | 13/01/2026 |
| Holger Schou Rasmussen | Chair of the board | 13/01/2026 |
- Founders
- REFA Maribo-Sakskøbing Kraftvarmeværk A/S
Former management (11)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Erik Stig Vestergaard | Deputy chair | 23/10/2009 | 31/12/2013 |
| Niels Ihlemann | Board member | 23/10/2009 | 31/08/2023 |
| Poul-Henrik Pedersen | Chair of the board | 23/10/2009 | 20/02/2018 |
| Hans Erik Jensen | Director | 23/10/2009 | 31/08/2016 |
| Henning Charles Kamper | Board member | 23/10/2009 | 31/12/2013 |
| Knud Børge Nielsen | Board member | 23/10/2009 | 01/07/2012 |
| Peter Ebbe Bring-Larsen | Board member | 02/01/2014 | 31/12/2021 |
| Gert Mortensen | Board member | 02/01/2014 | 04/12/2020 |
| Henrik Børge Høegh | Chair of the board | 20/02/2018 | 31/12/2021 |
| Muj Berisha | Deputy chair | 05/02/2021 | 13/01/2026 |
| Henning Michael Tønning | Chair of the board | 14/01/2022 | 13/01/2026 |
Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med et bestyrelsesmedlem eller en direktør.
Address and production units
1 active production unitsEnergivej 4
4800 Nykøbing F
Guldborgsund Municipality · Postcode 4800
Other companies at the address (5)
- REFA Maribo-Sakskøbing Kraftvarmeværk A/SSteam and air conditioning supply (district heating)
- REFA Energi Holding A/SActivities of non-financial head offices
- REFA Gedser Fjernvarme A/SSteam and air conditioning supply (district heating)
- Refa, Horbelev Fjernvarme A/SSteam and air conditioning supply (district heating)
- Holeby FjernvarmeSteam and air conditioning supply (district heating)
| Production unit | Address | Employees | P number |
|---|---|---|---|
| REFA, STUBBEKØBING FJERNVARME A/S | Sivmosevej 2, 4850 Stubbekøbing | 5 | 1015609768 |
Purpose
Selskabets formål er at drive varmeforsyningsvirksomhed i Guldborgsund Kommune i henhold til lovgivningen herom og at sikre varmeforsyning i selskabets forsyningsområde på den energimæssigt, samfundsøkonomisk og miljømæssigt mest hensigtsmæssige måde samt efter bestyrelsens skøn hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
40 registered events20265 changesaccounts 1 · management 4
- AccountsAnnual report for 2025 published
- ManagementHolger Schou Rasmussen appointed chair of the board
- ManagementBob Richard Nielsen appointed deputy chair
- ManagementHenning Michael Tønning stepped down as chair of the board
- ManagementMuj Berisha stepped down as deputy chair
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Steam and air conditioning supply (district heating) (353000)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20233 changesmanagement 2 · accounts 1
- ManagementMogens Kirsborg appointed board member
- ManagementNiels Ihlemann stepped down as board member
- AccountsAnnual report for 2022 published
20223 changesaccounts 1 · management 2
- AccountsAnnual report for 2021 published
- ManagementJens Ole Bronne Sørensen appointed board member
- ManagementHenning Michael Tønning appointed chair of the board
20214 changesmanagement 3 · accounts 1
- ManagementHenrik Børge Høegh stepped down as chair of the board
- ManagementPeter Ebbe Bring-Larsen stepped down as board member
- AccountsAnnual report for 2020 published
- ManagementMuj Berisha appointed deputy chair
20201 changemanagement 1
- ManagementGert Mortensen stepped down as board member
20183 changesaddress 1 · management 2
- AddressMoved to Energivej 4, 4800 Nykøbing F
- ManagementHenrik Børge Høegh appointed chair of the board
- ManagementPoul-Henrik Pedersen stepped down as chair of the board
20172 changesownership 2
- OwnershipREFA Energi Holding A/S registered as owner (100%)
- OwnershipREFA Maribo-Sakskøbing Kraftvarmeværk A/S is no longer registered as owner
20162 changesmanagement 2
- ManagementMette Suhr Lisegaard Stoffregen appointed ceo
- ManagementHans Erik Jensen stepped down as director
20142 changesmanagement 2
- ManagementPeter Ebbe Bring-Larsen appointed board member
- ManagementGert Mortensen appointed board member
20132 changesmanagement 2
- ManagementErik Stig Vestergaard stepped down as deputy chair
- ManagementHenning Charles Kamper stepped down as board member
20122 changesmanagement 2
- ManagementErik Thorsen appointed board member
- ManagementKnud Børge Nielsen stepped down as board member
20098 changesfounded 1 · management 6 · ownership 1
- FoundedRegistered as REFA, STUBBEKØBING FJERNVARME A/S
- ManagementErik Stig Vestergaard appointed deputy chair
- ManagementKnud Børge Nielsen appointed board member
- ManagementHans Erik Jensen appointed director
- ManagementPoul-Henrik Pedersen appointed chair of the board
- ManagementNiels Ihlemann appointed board member
- ManagementHenning Charles Kamper appointed board member
- OwnershipREFA Maribo-Sakskøbing Kraftvarmeværk A/S registered as owner (100%)
Related companies
Same industry in Guldborgsund
- REFA Maribo-Sakskøbing Kraftvarmeværk A/S19 employees
- Nysted Varmeværk A.m.b.a10 employees
- Sydhavsvarme A.M.B.A.9 employees
- Sydfalster Varmeværk A M B A6 employees
- Nørre Alslev Fjernvarmeværk A M B A6 employees
- Ø. Toreby Varmeværk A.m.b.A.6 employees
Same people in management
- Kombit A/Svia Holger Schou Rasmussen
- Lollands Bank A/Svia Mette Suhr Lisegaard Stoffregen
- Lokaltog Vedligehold A/Svia Erik Stig Vestergaard
- Nordic Seed A/Svia Henrik Børge Høegh
- Lolland Forsyning A/Svia Henrik Børge Høegh
- Guldborgsund Forsyning A/Svia Henning Charles Kamper
Largest in the industry
- Kredsløb A/SDKK 174.6m
- Fjernvarme Horsens A/SDKK 137.9m
- Sønderborg Varme A/SDKK 129.5m
- Silkeborg Varme A/SDKK 125.6m
- Verdo Varme Herning ApSDKK 65.4m
- Verdo Varme A/SDKK 46.9m
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.