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.

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Key figures · financial year 2025

Gross profit−DKK 31.3m+3.4% vs. 2024
Net profit−DKK 100.7m−7.6% vs. 2024
EquityDKK 35.1m−74.1% vs. 2024
Employees29latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 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 thousand

Equity and net profit

−DKK 150m−DKK 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150m20212022202320242025
EquityNet profit
Financial figures for Sindal Biogas A/S
20212022202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit46,762100,31121,899−32,434−31,347+3.4%
Operating profit (EBIT)25,03570,362−13,490−72,682−78,750−8.3%
Profit before tax–55,383−35,369−93,624−93,303+0.3%
Net profit11,90743,904−27,535−93,624−100,727−7.6%
Total assets307,995352,681394,306426,222541,262+27%
Equity3,87247,77621,362135,84835,121−74.1%
Liabilities304,122304,812372,945290,374506,141+74.3%
Cash and cash equivalents14,1851,40801,72466,633+3,764.9%
Average number of employees914181920+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

−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m20212022202320242025
Gross profitMedian, the industry (54 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss 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
Annual reports for Sindal Biogas A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202429/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202305/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202207/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202106/02/2022The companyPDFXBRL

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 CVR
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

54 companies in the database

Comparison with the other companies in manufacture of gas based on the latest financial year.

Gross profit−DKK 31.3mNo. 54 of 54
Better than 0% of the companies in the industry
EquityDKK 35.1mNo. 31 of 54
Better than 43% of the companies in the industry
Number of employees29No. 5 of 54
Better than 92% of the companies in the industry

Industry median: gross profit DKK 5m, net profit −DKK 1.9m, equity DKK 39.3m, 5 employees.

DKK 147kDKK 718kDKK 3.5mDKK 17.1mDKK 49.3m
Distribution of gross profit for 38 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
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
Gross profit
  1. Sindal Biogas A/S−DKK 31.3m
  2. Bigadan A/SDKK 83.7m
  3. BioCirc Vinkel Biogas ApSDKK 59.7m
Net profit
  1. Sindal Biogas A/S−DKK 100.7m
  2. Bigadan A/SDKK 30.6m
  3. BioCirc Vinkel Biogas ApSDKK 14.6m
Equity
  1. Sindal Biogas A/SDKK 35.1m
  2. Bigadan A/SDKK 320.3m
  3. BioCirc Vinkel Biogas ApSDKK 113.9m
Employees
  1. Sindal Biogas A/S29
  2. Bigadan A/S66
  3. 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
Owners
  • KK Invest 2020 ApS10%
  • Copenhagen Infrastructure Advanced Bioenergy Fund I SCSp90%
Sindal Biogas A/S

Management

5 active registrations

Executive management

Executive management at Sindal Biogas A/S
NameRoleAppointed
Mikkel SøndergaardCEO01/10/2025

Board of directors

Board of directors at Sindal Biogas A/S
NameRoleAppointed
Morten GlenthøjBoard member31/05/2024
Karsten Valsted LarsenBoard member25/06/2025
Ole FichChair of the board07/04/2026
Ulrik Kloss FennebergDeputy chair07/04/2026
Founders
DBC Invest A/S, KK Invest 2020 ApS
Former management (14)
Former management at Sindal Biogas A/S
NameRoleAppointedResigned
Morten GlenthøjDirector23/07/202001/02/2022
Henrik Bjørn SkaarupChair of the board06/08/202010/07/2023
Rune Ledgaard SørensenBoard member06/08/202004/12/2025
Morten GlenthøjBoard member06/08/202006/07/2023
Karen KirketerpBoard member06/08/202021/09/2020
Allan Skovbo MikkelsenBoard member06/08/202010/07/2023
Jørgen Evald JensenBoard member21/09/202031/05/2024
Jesper HorneDirector01/02/202230/09/2025
Morten GlenthøjChair of the board07/07/202330/05/2024
Ole FichBoard member31/05/202425/06/2025
Thomas DalsgaardChair of the board31/05/202407/04/2026
Andreas Filtenborg BrandtDeputy chair31/05/202407/01/2026
Jesper HorneBoard member04/12/202501/10/2026
Ole FichDeputy chair07/01/202606/04/2026

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 units

Ugiltvej 20A
9870 Sindal

Hjørring Municipality · Postcode 9870

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Sindal Biogas A/SUgiltvej 20A, Hørmested, 9870 Sindal291026059131

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 events
202612 changesmanagement 7 · ownership 3 · accounts 1 · capital 1
  • Jesper Horne stepped down as board member
  • Copenhagen Infrastructure Advanced Bioenergy Fund I SCSp registered as owner (90%)
  • DBC Invest A/S is no longer registered as owner
  • Copenhagen Infrastructure Advanced Bioenergy Fund I SCSp is no longer registered as owner
  • Annual report for 2025 published
  • Ulrik Kloss Fenneberg appointed deputy chair
  • Ole Fich appointed chair of the board
  • Thomas Dalsgaard stepped down as chair of the board
  • Ole Fich stepped down as deputy chair
  • Share capital changed from 1,101,100 DKK to 1,103,100 DKK
  • Ole Fich appointed deputy chair
  • Andreas Filtenborg Brandt stepped down as deputy chair
20258 changesmanagement 6 · accounts 1 · industry 1
  • Jesper Horne appointed board member
  • Rune Ledgaard Sørensen stepped down as board member
  • Mikkel Søndergaard appointed ceo
  • Jesper Horne stepped down as director
  • Annual report for 2024 published
  • Karsten Valsted Larsen appointed board member
  • Ole Fich stepped down as board member
  • Industry changed to Manufacture of gas (352100)
202415 changescapital 3 · accounts 1 · management 6 · ownership 5
  • Share capital changed from 1,101,000 DKK to 1,101,100 DKK
  • Share capital changed from 1,100,000 DKK to 1,101,000 DKK
  • Annual report for 2023 published
  • Ole Fich appointed board member
  • Thomas Dalsgaard appointed chair of the board
  • Andreas Filtenborg Brandt appointed deputy chair
  • Morten Glenthøj appointed board member
  • Jørgen Evald Jensen stepped down as board member
  • DBC Invest A/S registered as owner (10%)
  • Copenhagen Infrastructure Advanced Bioenergy Fund I SCSp registered as owner (66.67%)
  • KK Invest 2020 ApS registered as owner (10%)
  • Morten Glenthøj stepped down as chair of the board
  • DBC Invest A/S is no longer registered as owner
  • KK Invest 2020 ApS is no longer registered as owner
  • Share capital changed from 1,000,000 DKK to 1,100,000 DKK
20237 changesmanagement 4 · accounts 1 · address 2
  • Henrik Bjørn Skaarup stepped down as chair of the board
  • Allan Skovbo Mikkelsen stepped down as board member
  • Morten Glenthøj appointed chair of the board
  • Annual report for 2022 published
  • Morten Glenthøj stepped down as board member
  • Moved to Ugiltvej 20A, Hørmested, 9870 Sindal
  • Moved to Ugiltvej 20A, Hørmested, 9870 Sindal
20225 changesownership 2 · accounts 1 · management 2
  • DBC Invest A/S registered as owner (20%)
  • DBC Invest A/S is no longer registered as owner
  • Annual report for 2021 published
  • Jesper Horne appointed director
  • Morten Glenthøj stepped down as director
20215 changesaddress 5
  • Moved to Ugiltvej 20A, Hørmested, 9870 Sindal
  • Moved to Ugiltvej 20A, Hørmested, 9870 Sindal
  • Moved to Ugiltvej 20A, Hørmested, 9870 Sindal
  • Moved to Ugiltvej 20A, Hørmested, 9870 Sindal
  • Moved to Ugiltvej 20A, Hørmested, 9870 Sindal
202013 changesmanagement 8 · name 1 · capital 1 · founded 1 · ownership 2
  • Jørgen Evald Jensen appointed board member
  • Karen Kirketerp stepped down as board member
  • Name changed from Sindal Biogas ApS to Sindal Biogas A/S
  • Share capital changed from 40,000 DKK to 1,000,000 DKK
  • Henrik Bjørn Skaarup appointed chair of the board
  • Karen Kirketerp appointed board member
  • Morten Glenthøj appointed board member
  • Rune Ledgaard Sørensen appointed board member
  • Allan Skovbo Mikkelsen appointed board member
  • Registered as Sindal Biogas ApS
  • Morten Glenthøj appointed director
  • KK Invest 2020 ApS registered as owner (66.67%)
  • DBC Invest A/S registered as owner (25%)

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Same people in management

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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.

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