Sinal A/S
Public limited companyCVR 36423544SilkeborgActive
Sinal A/S is a public limited company, based in Silkeborg, active in wired, wireless and satellite telecommunications, founded in 2014. Measured by gross profit, it ranks no. 3 of 65 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 11.2m. Operations are spread over 13 production units in 11 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 12% (2024 → 2025), to DKK 1.4bn.
- Revenue rose 6% (2024 → 2025), to DKK 1.5bn.
- The loss got smaller: from DKK 63.3m to DKK 11.2m (2024 → 2025).
- Equity rose 1% (2024 → 2025), to DKK 2.2bn.
Employees
- 58 more employees than a year earlier: 672 (07/2026) against 614 (07/2025).
Management and owners, last 24 months
- New in management: Anne Mette Aaby Aaes (board member, 15/11/2024), Helle Iversen Hjelmdal (director, 01/01/2026) and Jan Matthijs Lakerveld (deputy chair, 19/03/2026) (+3).
- Stepped down: Jakobus Maarten Alfrink (board member, 23/04/2025), Dennis van Alphen (deputy chair, 24/04/2025) and Stine Aare Jensen (director, 01/01/2026) (+2).
Registrations, last 24 months
- 30/04/2026: Merger registered in CVR
- 30/06/2025: Name changed from Norlys Fibernet A/S to Sinal A/S
- 01/01/2025: Industry changed to Wired, wireless and satellite telecommunications (611000)
- 30/12/2024: Merger registered in CVR
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 | 856,558 | 906,046 | 1,132,134 | 1,298,396 | 1,388,912 | 1,473,912 | +6.1% |
| Gross profit | 340,318 | 401,481 | 892,849 | 1,141,831 | 1,218,979 | 1,364,344 | +11.9% |
| Operating profit (EBIT) | −87,753 | −36,044 | 105,469 | 154,394 | 242,743 | 308,687 | +27.2% |
| Profit before tax | −103,255 | −58,984 | 5,760 | −118,598 | −79,306 | 11,222 | +114.2% |
| Net profit | −80,306 | −45,831 | 9,946 | −92,191 | −63,284 | −11,182 | +82.3% |
| Total assets | 3,563,194 | 3,739,352 | 9,962,588 | 10,663,503 | 10,810,205 | 10,803,924 | −0.1% |
| Equity | 939,182 | 893,351 | 2,402,224 | 2,205,263 | 2,162,904 | 2,186,198 | +1.1% |
| Liabilities | 2,582,044 | 2,780,502 | 7,402,509 | 8,354,053 | 8,534,536 | 8,477,425 | −0.7% |
| Cash and cash equivalents | – | 3,825 | 2,414 | 16,563 | 8,363 | 3,209 | −61.6% |
| Average number of employees | 305 | 351 | – | 662 | 586 | 599 | +2.2% |
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 figuresLoss for 3 years in a row
Net result has been negative in 2023–2025.
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
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 | 29/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 01/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 22/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 23/04/2021 | 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
68 companies in the databaseComparison with the other companies in wired, wireless and satellite telecommunications based on the latest financial year.
Industry median: gross profit DKK 16.3m, net profit DKK 283k, equity DKK 7.8m, 13 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 500–999 employees207 companies in the comparison | No. 14of 189 Better than 93% | No. 24of 207 Better than 89% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 16of 33,588 Better than 100% | No. 42of 33,687 Better than 100% |
| All companies of type A/S18,025 companies in the comparison | No. 97of 17,786 Better than 99% | No. 217of 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
Wired, wireless and satellite telecommunications- Sinal A/SDKK 1.4bn
- TDC Net A/SDKK 6.1bn
- TDC Brands A/SDKK 4.8bn
- Sinal A/S−DKK 11.2m
- TDC Net A/S−DKK 58m
- TDC Brands A/S−DKK 562m
- Sinal A/SDKK 2.2bn
- TDC Net A/SDKK 2.2bn
- TDC Brands A/SDKK 5.5bn
- Sinal A/S672
- TDC Net A/S1,856
- TDC Brands A/S2,940
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Sinal Infrastruktur A/S100%
Management
10 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Carsten Bryder Thejls | CEO | 02/04/2024 |
| Helle Iversen Hjelmdal | Director | 01/01/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Malte Larsen | Board member | 20/06/2022 |
| Jess Julin Ibsen | Board member | 20/06/2022 |
| Alexandre Edouard Jean Pieyre | Board member | 20/06/2022 |
| Christian Greve | Board member | 09/05/2023 |
| Gert Vinther Jørgensen | Chair of the board | 01/09/2024 |
| Anne Mette Aaby Aaes | Board member | 15/11/2024 |
| Jan Matthijs Lakerveld | Deputy chair | 19/03/2026 |
| Joeri Marcel J. Van Bogaert | Board member | 19/03/2026 |
- Founders
- Norlys a.m.b.a.
Former management (38)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Arne Bo Larsen | Board member | 04/11/2014 | 06/05/2015 |
| Jens Jørn Justesen | Chair of the board | 04/11/2014 | 07/05/2015 |
| Holger Blok | Director | 04/11/2014 | 14/01/2015 |
| Jan Skytte Pedersen | Deputy chair | 04/11/2014 | 07/05/2015 |
| Jørn Lundstrøm Zielke | Director | 14/01/2015 | 06/07/2016 |
| Arne Bo Larsen | Deputy chair | 07/05/2015 | 07/09/2016 |
| Sten Magnus Petersen | Board member | 07/05/2015 | 08/05/2019 |
| Holger Blok | Chair of the board | 07/05/2015 | 18/06/2015 |
| Mads Dalgaard Miltersen | Chair of the board | 18/06/2015 | 20/04/2016 |
| Thomas Zeihlund | Board member | 21/09/2015 | 08/02/2017 |
| Mona Juul | Board member | 21/09/2015 | 01/07/2019 |
| Bent Kristensen | Chair of the board | 20/04/2016 | 06/07/2016 |
| Martin Romvig | Chair of the board | 06/07/2016 | 17/05/2018 |
| Bent Kristensen | Director | 06/07/2016 | 04/10/2016 |
| Claus Nørgaard | Board member | 25/08/2016 | 07/09/2016 |
| Lene Schmidt Aalestrup | Board member | 25/08/2016 | 08/05/2019 |
| Arne Bo Larsen | Board member | 08/09/2016 | 08/05/2019 |
| Claus Nørgaard | Deputy chair | 08/09/2016 | 08/05/2019 |
| Søren Lindgaard | Director | 04/10/2016 | 01/10/2018 |
| Allan Krogsgaard Jakobsen | Board member | 22/12/2017 | 07/02/2019 |
| Mads Brøgger | Chair of the board | 17/05/2018 | 20/12/2019 |
| Jesper Vinter Barslund | Director | 01/10/2018 | 20/12/2019 |
| Christian Greve | Board member | 08/05/2019 | 20/12/2019 |
| Arvid Thorndahl | Board member | 08/05/2019 | 02/06/2019 |
| Arvid Thorndahl | Deputy chair | 03/06/2019 | 20/12/2019 |
| Torben Poulsen | Director | 20/12/2019 | 20/10/2020 |
| Niels Ulrich Duedahl | Board member | 20/12/2019 | 20/06/2022 |
| Gert Vinther Jørgensen | Board member | 20/12/2019 | 31/08/2024 |
| Jesper Vinter Barslund | Chair of the board | 20/12/2019 | 22/05/2024 |
| Sune Nabe Frederiksen | Director | 20/10/2020 | 20/06/2022 |
| Torben Poulsen | Director | 20/06/2022 | 02/04/2024 |
| Arvid Thorndahl | Board member | 20/06/2022 | 09/05/2023 |
| Jakobus Maarten Alfrink | Board member | 20/06/2022 | 23/04/2025 |
| Dennis van Alphen | Deputy chair | 20/06/2022 | 24/04/2025 |
| Stine Aare Jensen | Director | 21/11/2022 | 01/01/2026 |
| Niels Ulrich Duedahl | Chair of the board | 22/05/2024 | 01/09/2024 |
| Jakobus Maarten Alfrink | Deputy chair | 24/04/2025 | 19/03/2026 |
| Jan Matthijs Lakerveld | Board member | 24/04/2025 | 18/03/2026 |
Signing rule: Selskabet tegnes af direktøren i forening med bestyrelsens formand eller af direktøren i forening med 2 bestyrelsesmedlemmer eller af bestyrelsens formand i forening med 2 bestyrelsesmedlemmer, eller af den samlede bestyrelse.
Address and production units
13 active production unitsTietgensvej 4
8600 Silkeborg
Silkeborg Municipality · Postcode 8600
Other companies at the address (2)
- Norlys a.m.b.a.Non-financial holding companies
- Norlys Group A/SActivities of non-financial head offices
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Sinal A/S | Tietgensvej 4, 8600 Silkeborg | 378 | 1019859483 |
| Sinal A/S | Birkemose Allé 11, 6000 Kolding | 135 | 1026410610 |
| Norlys Fibernet A/S | Gasværksvej 25, 9000 Aalborg | 98 | 1031240022 |
| Eniig Fiber A/S | Brårupvej 50, 7800 Skive | 26 | 1019944979 |
| Norlys Fibernet A/S | Saltumvej 22, 9700 Brønderslev | 19 | 1028711030 |
| Norlys Fibernet A/S | Elholm 1, 6400 Sønderborg | 11 | 1028338623 |
| Norlys Fibernet A/S | Thorsvej 21, 4100 Ringsted | 9 | 1028552455 |
| Eniig Fiber A/S | Slet Parkvej 5, 8310 Tranbjerg J | 6 | 1025013928 |
| Norlys Fibernet A/S | Edison Park 1, 6715 Esbjerg N | 4 | 1029647182 |
| Eniig Fiber A/S | Over Bækken 6, 9000 Aalborg | 2 | 1021729341 |
| Eniig Fiber A/S | Håndværkervej 27, 9700 Brønderslev | 1 | 1021924764 |
| Norlys Fibernet | Ørestads Boulevard 45, 2300 København S | 1 | 1030979202 |
| Norlys Fibernet A/S | Stokkeby Landevej 11, 5970 Ærøskøbing | 1 | 1028552463 |
Purpose
Selskabets formål er at drive virksomhed inden for digital kommunikation samt al virksomhed, som efter bestyrelsens vurdering har forbindelse dermed.
The purpose is quoted from the register in Danish.
Changes year by year
113 registered events20268 changesaccounts 1 · merger 1 · management 6
- AccountsAnnual report for 2025 published
- MergerMerger registered in CVR
- ManagementJan Matthijs Lakerveld appointed deputy chair
- ManagementJoeri Marcel J. Van Bogaert appointed board member
- ManagementJakobus Maarten Alfrink stepped down as deputy chair
- ManagementJan Matthijs Lakerveld stepped down as board member
- ManagementHelle Iversen Hjelmdal appointed director
- ManagementStine Aare Jensen stepped down as director
20257 changesname 1 · accounts 1 · management 4 · industry 1
- NameName changed from Norlys Fibernet A/S to Sinal A/S
- AccountsAnnual report for 2024 published
- ManagementJan Matthijs Lakerveld appointed board member
- ManagementJakobus Maarten Alfrink appointed deputy chair
- ManagementDennis van Alphen stepped down as deputy chair
- ManagementJakobus Maarten Alfrink stepped down as board member
- IndustryIndustry changed to Wired, wireless and satellite telecommunications (611000)
202410 changesmerger 1 · management 8 · accounts 1
- MergerMerger registered in CVR
- ManagementAnne Mette Aaby Aaes appointed board member
- ManagementGert Vinther Jørgensen appointed chair of the board
- ManagementNiels Ulrich Duedahl stepped down as chair of the board
- ManagementGert Vinther Jørgensen stepped down as board member
- ManagementNiels Ulrich Duedahl appointed chair of the board
- ManagementJesper Vinter Barslund stepped down as chair of the board
- AccountsAnnual report for 2023 published
- ManagementCarsten Bryder Thejls appointed ceo
- ManagementTorben Poulsen stepped down as director
20233 changesmanagement 2 · accounts 1
- ManagementChristian Greve appointed board member
- ManagementArvid Thorndahl stepped down as board member
- AccountsAnnual report for 2022 published
202214 changesmanagement 10 · name 1 · capital 1 · merger 1 · accounts 1
- ManagementStine Aare Jensen appointed director
- ManagementTorben Poulsen appointed director
- ManagementAlexandre Edouard Jean Pieyre appointed board member
- ManagementJess Julin Ibsen appointed board member
- ManagementMalte Larsen appointed board member
- ManagementDennis van Alphen appointed deputy chair
- ManagementJakobus Maarten Alfrink appointed board member
- ManagementArvid Thorndahl appointed board member
- ManagementSune Nabe Frederiksen stepped down as director
- ManagementNiels Ulrich Duedahl stepped down as board member
- NameName changed from Stofa Fiber A/S to Norlys Fibernet A/S
- CapitalShare capital changed from 121,000,000 DKK to 121,002,000 DKK
- MergerMerger registered in CVR
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20203 changesmanagement 2 · name 1
- ManagementSune Nabe Frederiksen appointed director
- ManagementTorben Poulsen stepped down as director
- NameName changed from Eniig Fiber A/S to Stofa Fiber A/S
201920 changesownership 2 · management 18
- OwnershipSinal Infrastruktur A/S registered as owner (100%)
- OwnershipEniig Holding A/S is no longer registered as owner
- ManagementNiels Ulrich Duedahl appointed board member
- ManagementJesper Vinter Barslund appointed chair of the board
- ManagementGert Vinther Jørgensen appointed board member
- ManagementTorben Poulsen appointed director
- ManagementArvid Thorndahl stepped down as deputy chair
- ManagementChristian Greve stepped down as board member
- ManagementJesper Vinter Barslund stepped down as director
- ManagementMads Brøgger stepped down as chair of the board
- ManagementMona Juul stepped down as board member
- ManagementArvid Thorndahl appointed deputy chair
- ManagementArvid Thorndahl stepped down as board member
- ManagementArvid Thorndahl appointed board member
- ManagementChristian Greve appointed board member
- ManagementClaus Nørgaard stepped down as deputy chair
- ManagementArne Bo Larsen stepped down as board member
- ManagementLene Schmidt Aalestrup stepped down as board member
- ManagementSten Magnus Petersen stepped down as board member
- ManagementAllan Krogsgaard Jakobsen stepped down as board member
20186 changesmanagement 4 · ownership 2
- ManagementJesper Vinter Barslund appointed director
- ManagementSøren Lindgaard stepped down as director
- OwnershipEniig Holding A/S registered as owner (100%)
- OwnershipNorlys a.m.b.a. is no longer registered as owner
- ManagementMads Brøgger appointed chair of the board
- ManagementMartin Romvig stepped down as chair of the board
20173 changesmanagement 2 · merger 1
- ManagementAllan Krogsgaard Jakobsen appointed board member
- MergerMerger registered in CVR
- ManagementThomas Zeihlund stepped down as board member
201617 changescapital 1 · merger 1 · management 14 · name 1
- CapitalShare capital changed from 120,000,000 DKK to 121,000,000 DKK
- MergerMerger registered in CVR
- ManagementSøren Lindgaard appointed director
- ManagementBent Kristensen stepped down as director
- ManagementClaus Nørgaard appointed deputy chair
- ManagementArne Bo Larsen appointed board member
- ManagementClaus Nørgaard stepped down as board member
- ManagementArne Bo Larsen stepped down as deputy chair
- NameName changed from ENERGIMIDT FIBERBREDBÅND A/S to Eniig Fiber A/S
- ManagementLene Schmidt Aalestrup appointed board member
- ManagementClaus Nørgaard appointed board member
- ManagementMartin Romvig appointed chair of the board
- ManagementBent Kristensen appointed director
- ManagementBent Kristensen stepped down as chair of the board
- ManagementJørn Lundstrøm Zielke stepped down as director
- ManagementBent Kristensen appointed chair of the board
- ManagementMads Dalgaard Miltersen stepped down as chair of the board
201514 changesmanagement 12 · address 1 · capital 1
- ManagementThomas Zeihlund appointed board member
- ManagementMona Juul appointed board member
- ManagementMads Dalgaard Miltersen appointed chair of the board
- ManagementHolger Blok stepped down as chair of the board
- AddressMoved to Tietgensvej 4, 8600 Silkeborg
- CapitalShare capital changed from 100,000,000 DKK to 120,000,000 DKK
- ManagementArne Bo Larsen appointed deputy chair
- ManagementHolger Blok appointed chair of the board
- ManagementSten Magnus Petersen appointed board member
- ManagementJens Jørn Justesen stepped down as chair of the board
- ManagementJan Skytte Pedersen stepped down as deputy chair
- ManagementArne Bo Larsen stepped down as board member
- ManagementJørn Lundstrøm Zielke appointed director
- ManagementHolger Blok stepped down as director
20147 changesindustry 1 · founded 1 · management 4 · ownership 1
- IndustryIndustry changed to Wired, wireless and satellite telecommunications (611000)
- FoundedRegistered as ENERGIMIDT FIBERBREDBÅND A/S
- ManagementJens Jørn Justesen appointed chair of the board
- ManagementJan Skytte Pedersen appointed deputy chair
- ManagementHolger Blok appointed director
- ManagementArne Bo Larsen appointed board member
- OwnershipNorlys a.m.b.a. registered as owner (100%)
Related companies
Same people in management
- Danish Crown A/Svia Niels Ulrich Duedahl
- Alm. Brand Forsikring A/Svia Jan Skytte Pedersen
- Norlys Telco A/Svia Anne Mette Aaby Aaes
- N1 A/Svia Carsten Bryder Thejls
- JN Data A/Svia Søren Lindgaard
- Lantmännen Schulstad A/Svia Stine Aare Jensen
Largest in the industry
- TDC Net A/SDKK 6.1bn
- TDC Brands A/SDKK 4.8bn
- Hi3g Denmark ApSDKK 1.2bn
- Norlys Telco A/SDKK 1.1bn
- Globalconnect A/SDKK 767.8m
- TN-Network P/SDKK 724.9m
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 23/10/2026.