Silkeborg Varme A/S
Public limited companyCVR 31857759SilkeborgActive
Silkeborg Varme A/S is a public limited company, based in Silkeborg, active in steam and air conditioning supply (district heating), founded in 2008. Net profit rose 51% from 2024 to 2025, ending at DKK 41.8m. Measured by gross profit, it ranks no. 4 of 26 companies in the industry in the database. Operations are spread over 7 production units.
Key figures · financial year 2025
RevenueDKK 460.2m+0.7% vs. 2024
Net profitDKK 41.8m+50.8% vs. 2024
EquityDKK 39.5m+1,820.9% vs. 2024
Employees34latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 14% (2024 → 2025), to DKK 125.6m.
- Net profit rose 51% (2024 → 2025), to DKK 41.8m.
- Equity turned positive again: DKK 39.5m (2024 → 2025).
Employees
- 2 more employees than a year earlier: 34 (08/2026) against 32 (08/2025).
Management and owners, last 24 months
- New in management: Rune Kristensen (board member, 26/05/2026), Karin Christine Jørgensen (board member, 26/05/2026) and Trine Trærup Roungkvist (board member, 26/05/2026).
- Stepped down: Morten Bay Dahl (board member, 26/05/2026), Steen Kahr Rasmussen (board member, 26/05/2026) and Ivan Greve (board member, 26/05/2026) (+1).
Registrations, last 24 months
- 29/04/2025: Moved to Tietgensvej 3, 8600 Silkeborg
- 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 | 252,628 | 357,494 | 701,517 | 406,556 | 456,989 | 460,242 | +0.7% |
| Gross profit | 16,504 | −61,337 | 89,412 | −1,580 | 110,045 | 125,618 | +14.2% |
| Operating profit (EBIT) | 6,370 | −101,009 | 39,670 | −53,623 | 52,971 | 66,140 | +24.9% |
| Profit before tax | 5,378 | −102,046 | 35,785 | −67,175 | 28,373 | 41,790 | +47.3% |
| Net profit | 5,378 | −60,540 | 31,347 | −48,963 | 27,710 | 41,790 | +50.8% |
| Total assets | 1,138,024 | 1,217,990 | 1,396,366 | 1,421,036 | 1,726,634 | 1,753,458 | +1.6% |
| Equity | 780,591 | 705,140 | 736,487 | 687,524 | −2,295 | 39,495 | +1,820.9% |
| Liabilities | 345,458 | 445,779 | 641,587 | 714,849 | 962,196 | 964,333 | +0.2% |
| Cash and cash equivalents | 1 | 1 | 1 | 1 | 33,928 | 20,658 | −39.1% |
| Average number of employees | 21 | 19 | 19 | 19 | 25 | 31 | +24% |
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 2% 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 | 29/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 03/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 23/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 27/05/2021 | 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.
Gross profitDKK 125.6mNo. 4 of 26
Better than 88% of the companies in the industry
EquityDKK 39.5mNo. 4 of 26
Better than 88% of the companies in the industry
Number of employees34No. 5 of 26
Better than 84% of the companies in the industry
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 20–49 employees9,922 companies in the comparison | No. 95of 9,892 Better than 99% | No. 899of 9,922 Better than 91% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 560of 24,791 Better than 98% | No. 2,786of 24,909 Better than 89% |
| All companies of type A/S18,025 companies in the comparison | No. 1,256of 17,786 Better than 93% | No. 4,175of 18,024 Better than 77% |
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)Gross profit
- Silkeborg Varme A/SDKK 125.6m
- Kredsløb A/SDKK 174.6m
- Fjernvarme Horsens A/SDKK 137.9m
Net profit
- Silkeborg Varme A/SDKK 41.8m
- Kredsløb A/SDKK 0
- Fjernvarme Horsens A/SDKK 2.5m
Equity
- Silkeborg Varme A/SDKK 39.5m
- Kredsløb A/SDKK 412k
- Fjernvarme Horsens A/SDKK 14.2m
Employees
- Silkeborg Varme A/S34
- 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 RegisterSilkeborg Varme A/S
Management
8 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jens Frederik Bastrup | CEO | 01/02/2020 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Claus Berg Mikkelsen | Board member | 17/05/2011 |
| Jannik Antonsen | Chair of the board | 05/06/2023 |
| Lotta Dybdahl Sandsgaard | Board member | 05/06/2023 |
| Per Bo Hovgaard | Board member | 05/06/2023 |
| Rune Kristensen | Board member | 26/05/2026 |
| Karin Christine Jørgensen | Board member | 26/05/2026 |
| Trine Trærup Roungkvist | Board member | 26/05/2026 |
- Founders
- Silkeborg Kommune
Former management (43)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Bent Erling Braüner | Board member | 01/12/2008 | 25/05/2010 |
| Vagn Skovdal Larsen | Chair of the board | 01/12/2008 | 25/05/2010 |
| Kjeld Aagaard Kjærulff | Board member | 01/12/2008 | 25/05/2010 |
| Søren Stauning Goldmann | Board member | 01/12/2008 | 25/05/2010 |
| Kim Harreskov | CEO | 01/12/2008 | 31/12/2019 |
| Frank Borch-Olsen | Board member | 25/05/2010 | 11/06/2014 |
| Jens Erik Jørgensen | Chair of the board | 25/05/2010 | 15/05/2012 |
| Elin Sonne | Board member | 25/05/2010 | 11/06/2014 |
| Bente Rands Mortensen | Board member | 25/05/2010 | 11/06/2014 |
| Mogens Lyhne | Production director | 01/01/2011 | 25/01/2013 |
| Hans Erik Kjeldmand | Deputy board member | 17/05/2011 | 11/06/2014 |
| Karl-Ejner Dalsgaard Nielsen | Deputy board member | 17/05/2011 | 11/06/2014 |
| Steen Vindum | Deputy chair | 15/05/2012 | 11/06/2014 |
| Ivan Greve | Board member | 15/05/2012 | 17/05/2016 |
| Teresa Marta Jørgensen | Board member | 11/06/2014 | 30/05/2018 |
| Jes Vollertsen | Board member | 11/06/2014 | 26/05/2020 |
| Anders Krogager | Deputy board member | 11/06/2014 | 30/05/2018 |
| Knud Sloth | Board member | 11/06/2014 | 31/05/2022 |
| Søren Kristensen | Deputy chair | 11/06/2014 | 29/05/2018 |
| Leif Bæk | Chair of the board | 11/06/2014 | 30/05/2018 |
| Jan Lysdal Nielsen | Board member | 11/06/2014 | 29/05/2018 |
| Jens Uhrbrand Østergaard Jørgensen | Deputy board member | 11/06/2014 | 29/05/2018 |
| Lars Faarup | Board member | 17/05/2016 | 31/05/2022 |
| Jens Jarl Gorridsen | Chair of the board | 30/05/2018 | 31/05/2022 |
| Søren Kristensen | Board member | 30/05/2018 | 30/05/2022 |
| Jan Lysdal Nielsen | Deputy board member | 30/05/2018 | 31/05/2022 |
| Jens Uhrbrand Østergaard Jørgensen | Board member | 30/05/2018 | 30/05/2022 |
| Harry Elvig Madsen | Deputy chair | 30/05/2018 | 31/05/2022 |
| John Lysholt | Deputy board member | 30/05/2018 | 31/05/2022 |
| Anders Mosegaard Jensen | CEO | 01/01/2020 | 31/01/2020 |
| Michael Søndergaard | Board member | 26/05/2020 | 05/06/2023 |
| Lars Hedegaard | Deputy chair | 31/05/2022 | 05/06/2023 |
| Søren Kristensen | Chair of the board | 31/05/2022 | 05/06/2023 |
| Jens Uhrbrand Østergaard Jørgensen | Deputy board member | 31/05/2022 | 10/11/2022 |
| Martin Jakob Jakobsen | Board member | 31/05/2022 | 05/06/2023 |
| Kathrine Maria Frøhlich | Board member | 31/05/2022 | 22/05/2023 |
| Rune Røjgaard Andreasen | Board member | 31/05/2022 | 10/11/2022 |
| Morten Bay Dahl | Deputy board member | 31/05/2022 | 09/11/2022 |
| Jette Miller | Board member | 10/11/2022 | 05/06/2023 |
| Morten Bay Dahl | Board member | 10/11/2022 | 26/05/2026 |
| Steen Kahr Rasmussen | Board member | 05/06/2023 | 26/05/2026 |
| Ivan Greve | Board member | 28/05/2024 | 26/05/2026 |
| Morten Riis Skydsgaard | Board member | 28/05/2024 | 26/05/2026 |
Signing rule: Selskabet tegnes af den administrerende direktør i forening med bestyrelsens formand, af den administrerende direktør i forening med 3 bestyrelsesmedlemmer eller af den samlede bestyrelse.
Address and production units
7 active production unitsTietgensvej 3
8600 Silkeborg
Silkeborg Municipality · Postcode 8600
Other companies at the address (4)
- Silkeborg Genbrug og Affald A/SCollection of non-hazardous waste
- Silkeborg Forsyning A/SActivities of non-financial head offices
- Silkeborg Spildevand A/SSewerage
- Silkeborg Vand A/SWater collection, treatment and supply
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SILKEBORG VARME A/S | Tietgensvej 3, 8600 Silkeborg | 12 | 1014963991 |
| Kraftvarmeværket | Kejlstrup Tværvej 14, 8600 Silkeborg | 10 | 1017502073 |
| Fjernvarmeværket Kejlstrupvej | Kejlstrupvej 38, 8600 Silkeborg | 5 | 1015571698 |
| Fjernvarmeværket Hostrupsgade | Hostrupsgade 45, 8600 Silkeborg | 0 | 1016542861 |
| Arendalsvej 2A (Dybkær) | Arendalsvej 2A, 8600 Silkeborg | – | 1029456654 |
| Biomasseanlæg | Sejling Hedevej 1A, 8600 Silkeborg | – | 1029771525 |
| Varmepumpeanlæg | Sejling Hedevej 1B, 8600 Silkeborg | – | 1029771533 |
Purpose
Selskabets formål er at producere og distribuere varme indenfor selskabets forsyningsområde som fastlagt i varmeforsyningsplanen. Varmevirksomheden udøves i overensstemmelse med de til enhver tid gældende rammer i varmeforsyningslovgivningen. Selskabet producerer herudover elektricitet som et led i kraftvarmeproduktionen. Elektriciteten afsættes på kommercielle vilkår på det fri elmarked.
The purpose is quoted from the register in Danish.
Changes year by year
108 registered events02015
22016
02017
122018
12019
52020
12021
212022
122023
32024
32025
82026
20268 changesaccounts 1 · management 7
- AccountsAnnual report for 2025 published
- ManagementKarin Christine Jørgensen appointed board member
- ManagementRune Kristensen appointed board member
- ManagementTrine Trærup Roungkvist appointed board member
- ManagementMorten Riis Skydsgaard stepped down as board member
- ManagementIvan Greve stepped down as board member
- ManagementSteen Kahr Rasmussen stepped down as board member
- ManagementMorten Bay Dahl stepped down as board member
20253 changesaccounts 1 · address 1 · industry 1
- AccountsAnnual report for 2024 published
- AddressMoved to Tietgensvej 3, 8600 Silkeborg
- IndustryIndustry changed to Steam and air conditioning supply (district heating) (353000)
20243 changesaccounts 1 · management 2
- AccountsAnnual report for 2023 published
- ManagementMorten Riis Skydsgaard appointed board member
- ManagementIvan Greve appointed board member
202312 changesaddress 1 · accounts 1 · management 10
- AddressMoved to A.C.Illums Vej 11, 8600 Silkeborg
- AccountsAnnual report for 2022 published
- ManagementSteen Kahr Rasmussen appointed board member
- ManagementPer Bo Hovgaard appointed board member
- ManagementLotta Dybdahl Sandsgaard appointed board member
- ManagementJannik Antonsen appointed chair of the board
- ManagementJette Miller stepped down as board member
- ManagementLars Hedegaard stepped down as deputy chair
- ManagementMartin Jakob Jakobsen stepped down as board member
- ManagementSøren Kristensen stepped down as chair of the board
- ManagementMichael Søndergaard stepped down as board member
- ManagementKathrine Maria Frøhlich stepped down as board member
202221 changesmanagement 20 · accounts 1
- ManagementJette Miller appointed board member
- ManagementMorten Bay Dahl appointed board member
- ManagementJens Uhrbrand Østergaard Jørgensen stepped down as deputy board member
- ManagementRune Røjgaard Andreasen stepped down as board member
- ManagementMorten Bay Dahl stepped down as deputy board member
- AccountsAnnual report for 2021 published
- ManagementJens Uhrbrand Østergaard Jørgensen appointed deputy board member
- ManagementLars Hedegaard appointed deputy chair
- ManagementMorten Bay Dahl appointed deputy board member
- ManagementRune Røjgaard Andreasen appointed board member
- ManagementKathrine Maria Frøhlich appointed board member
- ManagementMartin Jakob Jakobsen appointed board member
- ManagementSøren Kristensen appointed chair of the board
- ManagementJan Lysdal Nielsen stepped down as deputy board member
- ManagementJens Jarl Gorridsen stepped down as chair of the board
- ManagementHarry Elvig Madsen stepped down as deputy chair
- ManagementJohn Lysholt stepped down as deputy board member
- ManagementLars Faarup stepped down as board member
- ManagementKnud Sloth stepped down as board member
- ManagementSøren Kristensen stepped down as board member
- ManagementJens Uhrbrand Østergaard Jørgensen stepped down as board member
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20205 changesmanagement 5
- ManagementMichael Søndergaard appointed board member
- ManagementJes Vollertsen stepped down as board member
- ManagementJens Frederik Bastrup appointed ceo
- ManagementAnders Mosegaard Jensen stepped down as ceo
- ManagementAnders Mosegaard Jensen appointed ceo
20191 changemanagement 1
- ManagementKim Harreskov stepped down as ceo
201812 changesmanagement 12
- ManagementJan Lysdal Nielsen appointed deputy board member
- ManagementJens Jarl Gorridsen appointed chair of the board
- ManagementSøren Kristensen appointed board member
- ManagementJens Uhrbrand Østergaard Jørgensen appointed board member
- ManagementHarry Elvig Madsen appointed deputy chair
- ManagementJohn Lysholt appointed deputy board member
- ManagementLeif Bæk stepped down as chair of the board
- ManagementAnders Krogager stepped down as deputy board member
- ManagementTeresa Marta Jørgensen stepped down as board member
- ManagementJens Uhrbrand Østergaard Jørgensen stepped down as deputy board member
- ManagementJan Lysdal Nielsen stepped down as board member
- ManagementSøren Kristensen stepped down as deputy chair
20162 changesmanagement 2
- ManagementLars Faarup appointed board member
- ManagementIvan Greve stepped down as board member
201414 changesmanagement 14
- ManagementJens Uhrbrand Østergaard Jørgensen appointed deputy board member
- ManagementJan Lysdal Nielsen appointed board member
- ManagementLeif Bæk appointed chair of the board
- ManagementSøren Kristensen appointed deputy chair
- ManagementKnud Sloth appointed board member
- ManagementAnders Krogager appointed deputy board member
- ManagementJes Vollertsen appointed board member
- ManagementTeresa Marta Jørgensen appointed board member
- ManagementSteen Vindum stepped down as deputy chair
- ManagementKarl-Ejner Dalsgaard Nielsen stepped down as deputy board member
- ManagementHans Erik Kjeldmand stepped down as deputy board member
- ManagementBente Rands Mortensen stepped down as board member
- ManagementElin Sonne stepped down as board member
- ManagementFrank Borch-Olsen stepped down as board member
20131 changemanagement 1
- ManagementMogens Lyhne stepped down as production director
20127 changesmanagement 3 · name 1 · capital 1 · ownership 1 · merger 1
- ManagementIvan Greve appointed board member
- ManagementSteen Vindum appointed deputy chair
- ManagementJens Erik Jørgensen stepped down as chair of the board
- NameName changed from SILKEBORG FJERNVARME A/S to SILKEBORG VARME A/S
- CapitalShare capital changed from 5,000,000 DKK to 5,500,000 DKK
- OwnershipSILKEBORG FORSYNING A/S registered as owner (100%)
- MergerMerger registered in CVR
20114 changesmanagement 4
- ManagementClaus Berg Mikkelsen appointed board member
- ManagementKarl-Ejner Dalsgaard Nielsen appointed deputy board member
- ManagementHans Erik Kjeldmand appointed deputy board member
- ManagementMogens Lyhne appointed production director
20108 changesmanagement 8
- ManagementJens Erik Jørgensen appointed chair of the board
- ManagementBente Rands Mortensen appointed board member
- ManagementElin Sonne appointed board member
- ManagementFrank Borch-Olsen appointed board member
- ManagementSøren Stauning Goldmann stepped down as board member
- ManagementVagn Skovdal Larsen stepped down as chair of the board
- ManagementBent Erling Braüner stepped down as board member
- ManagementKjeld Aagaard Kjærulff stepped down as board member
20086 changesfounded 1 · management 5
- FoundedRegistered as SILKEBORG FJERNVARME A/S
- ManagementSøren Stauning Goldmann appointed board member
- ManagementVagn Skovdal Larsen appointed chair of the board
- ManagementKim Harreskov appointed ceo
- ManagementBent Erling Braüner appointed board member
- ManagementKjeld Aagaard Kjærulff appointed board member
Related companies
Same people in management
- Norlys a.m.b.a.via Kjeld Aagaard Kjærulff
- Aarhus Vand A/Svia Anders Krogager
- Kingo Karlsen A/Svia Michael Søndergaard
- Aarhus Airport A/Svia Lotta Dybdahl Sandsgaard
- Midtjyske Jernbaner Drift A/Svia Martin Jakob Jakobsen
- HM Entreprenør A/Svia Michael Søndergaard
Largest in the industry
- Kredsløb A/SDKK 174.6m
- Fjernvarme Horsens A/SDKK 137.9m
- Sønderborg Varme A/SDKK 129.5m
- Verdo Varme Herning ApSDKK 65.4m
- Verdo Varme A/SDKK 46.9m
- Rvv A.m.b.a.DKK 28.5m
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.