Sindal Biogas A/S
Public limited companyCVR 41538996SindalActive
Sindal Biogas A/S is a public limited company, based in Sindal, active in manufacture of gas, founded in 2020. The company made a loss in both 2024 and 2025, most recently DKK 100.7m. With 29 employees, the company is about 6 times larger than the industry median. Equity fell to DKK 35.1m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 93.6m to DKK 100.7m (2024 → 2025).
- Equity fell 74% (2024 → 2025), to DKK 35.1m.
Employees
- 4 more employees than a year earlier: 29 (07/2026) against 25 (07/2025).
Management and owners, last 24 months
- New in management: Karsten Valsted Larsen (board member, 25/06/2025), Mikkel Søndergaard (ceo, 01/10/2025) and Ole Fich (chair of the board, 07/04/2026) (+3).
- Stepped down: Rune Ledgaard Sørensen (board member, 04/12/2025), Jesper Horne (director, 30/09/2025) and Ole Fich (board member, 25/06/2025) (+4).
- New owners registered: Copenhagen Infrastructure Advanced Bioenergy Fund I SCSp (01/10/2026).
- No longer registered as owner: DBC Invest A/S (01/10/2026) and Copenhagen Infrastructure Advanced Bioenergy Fund I SCSp (30/09/2026).
Registrations, last 24 months
- 20/03/2026: Share capital changed from 1,101,100 DKK to 1,103,100 DKK
- 01/01/2025: Industry changed to Manufacture of gas (352100)
- 27/12/2024: Share capital changed from 1,101,000 DKK to 1,101,100 DKK
- 14/12/2024: Share capital changed from 1,100,000 DKK to 1,101,000 DKK
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 | 46,762 | 100,311 | 21,899 | −32,434 | −31,347 | +3.4% |
| Operating profit (EBIT) | 25,035 | 70,362 | −13,490 | −72,682 | −78,750 | −8.3% |
| Profit before tax | – | 55,383 | −35,369 | −93,624 | −93,303 | +0.3% |
| Net profit | 11,907 | 43,904 | −27,535 | −93,624 | −100,727 | −7.6% |
| Total assets | 307,995 | 352,681 | 394,306 | 426,222 | 541,262 | +27% |
| Equity | 3,872 | 47,776 | 21,362 | 135,848 | 35,121 | −74.1% |
| Liabilities | 304,122 | 304,812 | 372,945 | 290,374 | 506,141 | +74.3% |
| Cash and cash equivalents | 14,185 | 1,408 | 0 | 1,724 | 66,633 | +3,764.9% |
| Average number of employees | 9 | 14 | 18 | 19 | 20 | +5.3% |
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 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.
Equity fell sharply
Equity fell 74% from 2024 to 2025 (DKK 135.8m to DKK 35.1m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 6% 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
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 29/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 29/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 05/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 07/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 06/02/2022 | 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
54 companies in the databaseComparison with the other companies in manufacture of gas based on the latest financial year.
Industry median: gross profit DKK 5m, net profit −DKK 1.9m, equity DKK 39.3m, 5 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. 9,874of 9,892 Better than 0% | No. 1,029of 9,922 Better than 90% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,564of 33,588 Better than 0% | No. 1,567of 33,687 Better than 95% |
| All companies of type A/S18,025 companies in the comparison | No. 17,747of 17,786 Better than 0% | No. 4,496of 18,024 Better than 75% |
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 gas- Sindal Biogas A/S−DKK 31.3m
- Bigadan A/SDKK 83.7m
- BioCirc Vinkel Biogas ApSDKK 59.7m
- Sindal Biogas A/S−DKK 100.7m
- Bigadan A/SDKK 30.6m
- BioCirc Vinkel Biogas ApSDKK 14.6m
- Sindal Biogas A/SDKK 35.1m
- Bigadan A/SDKK 320.3m
- BioCirc Vinkel Biogas ApSDKK 113.9m
- Sindal Biogas A/S29
- Bigadan A/S66
- BioCirc Vinkel Biogas ApS27
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- KK Invest 2020 ApS10%
- Copenhagen Infrastructure Advanced Bioenergy Fund I SCSp90%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mikkel Søndergaard | CEO | 01/10/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Morten Glenthøj | Board member | 31/05/2024 |
| Karsten Valsted Larsen | Board member | 25/06/2025 |
| Ole Fich | Chair of the board | 07/04/2026 |
| Ulrik Kloss Fenneberg | Deputy chair | 07/04/2026 |
- Founders
- DBC Invest A/S, KK Invest 2020 ApS
Former management (14)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Morten Glenthøj | Director | 23/07/2020 | 01/02/2022 |
| Henrik Bjørn Skaarup | Chair of the board | 06/08/2020 | 10/07/2023 |
| Rune Ledgaard Sørensen | Board member | 06/08/2020 | 04/12/2025 |
| Morten Glenthøj | Board member | 06/08/2020 | 06/07/2023 |
| Karen Kirketerp | Board member | 06/08/2020 | 21/09/2020 |
| Allan Skovbo Mikkelsen | Board member | 06/08/2020 | 10/07/2023 |
| Jørgen Evald Jensen | Board member | 21/09/2020 | 31/05/2024 |
| Jesper Horne | Director | 01/02/2022 | 30/09/2025 |
| Morten Glenthøj | Chair of the board | 07/07/2023 | 30/05/2024 |
| Ole Fich | Board member | 31/05/2024 | 25/06/2025 |
| Thomas Dalsgaard | Chair of the board | 31/05/2024 | 07/04/2026 |
| Andreas Filtenborg Brandt | Deputy chair | 31/05/2024 | 07/01/2026 |
| Jesper Horne | Board member | 04/12/2025 | 01/10/2026 |
| Ole Fich | Deputy chair | 07/01/2026 | 06/04/2026 |
Signing rule: Selskabet tegnes af bestyrelsens formand eller næstformand i forening med et bestyrelsesmedlem eller en direktør, eller af den samlede bestyrelse.
Address and production units
1 active production unitsUgiltvej 20A
9870 Sindal
Hjørring Municipality · Postcode 9870
Other companies at the address (1)
- Kirketerp ApSRaising of piglets
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Sindal Biogas A/S | Ugiltvej 20A, Hørmested, 9870 Sindal | 29 | 1026059131 |
Purpose
Selskabets formål er at eje og drive virksomhed med drift af biogasanlæg samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
65 registered events202612 changesmanagement 7 · ownership 3 · accounts 1 · capital 1
- ManagementJesper Horne stepped down as board member
- OwnershipCopenhagen Infrastructure Advanced Bioenergy Fund I SCSp registered as owner (90%)
- OwnershipDBC Invest A/S is no longer registered as owner
- OwnershipCopenhagen Infrastructure Advanced Bioenergy Fund I SCSp is no longer registered as owner
- AccountsAnnual report for 2025 published
- ManagementUlrik Kloss Fenneberg appointed deputy chair
- ManagementOle Fich appointed chair of the board
- ManagementThomas Dalsgaard stepped down as chair of the board
- ManagementOle Fich stepped down as deputy chair
- CapitalShare capital changed from 1,101,100 DKK to 1,103,100 DKK
- ManagementOle Fich appointed deputy chair
- ManagementAndreas Filtenborg Brandt stepped down as deputy chair
20258 changesmanagement 6 · accounts 1 · industry 1
- ManagementJesper Horne appointed board member
- ManagementRune Ledgaard Sørensen stepped down as board member
- ManagementMikkel Søndergaard appointed ceo
- ManagementJesper Horne stepped down as director
- AccountsAnnual report for 2024 published
- ManagementKarsten Valsted Larsen appointed board member
- ManagementOle Fich stepped down as board member
- IndustryIndustry changed to Manufacture of gas (352100)
202415 changescapital 3 · accounts 1 · management 6 · ownership 5
- CapitalShare capital changed from 1,101,000 DKK to 1,101,100 DKK
- CapitalShare capital changed from 1,100,000 DKK to 1,101,000 DKK
- AccountsAnnual report for 2023 published
- ManagementOle Fich appointed board member
- ManagementThomas Dalsgaard appointed chair of the board
- ManagementAndreas Filtenborg Brandt appointed deputy chair
- ManagementMorten Glenthøj appointed board member
- ManagementJørgen Evald Jensen stepped down as board member
- OwnershipDBC Invest A/S registered as owner (10%)
- OwnershipCopenhagen Infrastructure Advanced Bioenergy Fund I SCSp registered as owner (66.67%)
- OwnershipKK Invest 2020 ApS registered as owner (10%)
- ManagementMorten Glenthøj stepped down as chair of the board
- OwnershipDBC Invest A/S is no longer registered as owner
- OwnershipKK Invest 2020 ApS is no longer registered as owner
- CapitalShare capital changed from 1,000,000 DKK to 1,100,000 DKK
20237 changesmanagement 4 · accounts 1 · address 2
- ManagementHenrik Bjørn Skaarup stepped down as chair of the board
- ManagementAllan Skovbo Mikkelsen stepped down as board member
- ManagementMorten Glenthøj appointed chair of the board
- AccountsAnnual report for 2022 published
- ManagementMorten Glenthøj stepped down as board member
- AddressMoved to Ugiltvej 20A, Hørmested, 9870 Sindal
- AddressMoved to Ugiltvej 20A, Hørmested, 9870 Sindal
20225 changesownership 2 · accounts 1 · management 2
- OwnershipDBC Invest A/S registered as owner (20%)
- OwnershipDBC Invest A/S is no longer registered as owner
- AccountsAnnual report for 2021 published
- ManagementJesper Horne appointed director
- ManagementMorten Glenthøj stepped down as director
20215 changesaddress 5
- AddressMoved to Ugiltvej 20A, Hørmested, 9870 Sindal
- AddressMoved to Ugiltvej 20A, Hørmested, 9870 Sindal
- AddressMoved to Ugiltvej 20A, Hørmested, 9870 Sindal
- AddressMoved to Ugiltvej 20A, Hørmested, 9870 Sindal
- AddressMoved to Ugiltvej 20A, Hørmested, 9870 Sindal
202013 changesmanagement 8 · name 1 · capital 1 · founded 1 · ownership 2
- ManagementJørgen Evald Jensen appointed board member
- ManagementKaren Kirketerp stepped down as board member
- NameName changed from Sindal Biogas ApS to Sindal Biogas A/S
- CapitalShare capital changed from 40,000 DKK to 1,000,000 DKK
- ManagementHenrik Bjørn Skaarup appointed chair of the board
- ManagementKaren Kirketerp appointed board member
- ManagementMorten Glenthøj appointed board member
- ManagementRune Ledgaard Sørensen appointed board member
- ManagementAllan Skovbo Mikkelsen appointed board member
- FoundedRegistered as Sindal Biogas ApS
- ManagementMorten Glenthøj appointed director
- OwnershipKK Invest 2020 ApS registered as owner (66.67%)
- OwnershipDBC Invest A/S registered as owner (25%)
Related companies
Same industry in Hjørring
- Agri Energy Vrå P/S39 employees
- LBT Agro A/S14 employees
- Vrejlev Biogas ApS8 employees
- BB Biogas ApS5 employees
- Vrejlev Energi ApS4 employees
- Rønnovsholm Biogas K/S4 employees
Same people in management
- Ørsted Services A/Svia Thomas Dalsgaard
- Nexel A/Svia Thomas Dalsgaard
- Ørsted Bioenergy & Thermal Power A/Svia Thomas Dalsgaard
- Evida Service A/Svia Thomas Dalsgaard
- Dansk Retursystem A/Svia Thomas Dalsgaard
- Burmeister & Wain Scandinavian Contractor A/Svia Karsten Valsted Larsen
Largest in the industry
- Bigadan A/SDKK 83.7m
- BioCirc Vinkel Biogas ApSDKK 59.7m
- Shell Biogas A/SDKK 51.1m
- LBT Agro A/SDKK 37m
- Agri Energy Vrå P/SDKK 36.2m
- Ribe Biogas A/SDKK 34.5m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.