State Drinks A/S
Public limited companyCVR 36078049København SActive
State Drinks A/S is a public limited company, based in København S, active in manufacture of soft drinks; production of bottled waters, founded in 2014. The company went from a profit in 2024 to a loss of DKK 4.8m in 2025. Measured by gross profit, it ranks no. 9 of 24 companies in the industry in the database. Equity fell to DKK 17.1m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 45% (2024 → 2025), to DKK 5.8m.
- Net profit went from a profit of DKK 102k to a loss of DKK 4.8m (2024 → 2025).
- Equity fell 22% (2024 → 2025), to DKK 17.1m.
Employees
- 3 fewer employees than a year earlier: 18 (07/2026) against 21 (07/2025).
Management and owners, last 24 months
- New in management: Hans Henrik Klovborg (chair of the board, 03/09/2025) and Jon Volf Andersen (ceo, 21/10/2026).
- Stepped down: Peter Thor Munck Birkmand (board member, 19/05/2025), Kim Sandal Have-Kieffer (ceo, 21/10/2026) and Jon Volf Andersen (director, 20/10/2026) (+2).
Registrations, last 24 months
- 01/01/2025: Industry changed to Manufacture of soft drinks; production of bottled waters (110700)
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 | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 3,691 | 5,618 | 9,050 | 10,971 | 10,664 | 5,836 | −45.3% |
| Operating profit (EBIT) | 209 | – | 2,446 | 998 | −12 | −6,139 | −51,756.4% |
| Profit before tax | 85 | 503 | 2,428 | 1,077 | 131 | −6,152 | −4,790.3% |
| Net profit | 66 | 392 | 1,894 | 840 | 102 | −4,798 | −4,814.4% |
| Total assets | 11,889 | 20,277 | 21,209 | 30,559 | 35,370 | 27,728 | −21.6% |
| Equity | 8,261 | 15,025 | 16,918 | 21,838 | 21,940 | 17,141 | −21.9% |
| Liabilities | 3,628 | 5,252 | 4,291 | 8,721 | 13,430 | 10,587 | −21.2% |
| Cash and cash equivalents | 3,625 | 7,774 | 4,555 | 11,318 | 10,386 | 4,068 | −60.8% |
| Average number of employees | 9 | – | 9 | 17 | 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 2020, 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 31/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 21/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 19/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 21/05/2021 | 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
24 companies in the databaseComparison with the other companies in manufacture of soft drinks; production of bottled waters based on the latest financial year.
Industry median: gross profit DKK 2.3m, net profit −DKK 452k, equity DKK 1.6m, 7 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. 11,078of 69,742 Better than 84% | No. 6,398of 69,964 Better than 91% |
| Same industry and fewer than 20 employees16 companies in the comparison | No. 2of 16 Better than 93% | No. 2of 16 Better than 93% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 7,524of 33,588 Better than 78% | No. 2,572of 33,687 Better than 92% |
| All companies of type A/S18,025 companies in the comparison | No. 11,329of 17,786 Better than 36% | No. 6,725of 18,024 Better than 63% |
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 soft drinks; production of bottled waters- State Drinks A/SDKK 5.8m
- Royal Unibrew A/SDKK 6.8bn
- Harboes Bryggeri A/SDKK 362.2m
- State Drinks A/S−DKK 4.8m
- Royal Unibrew A/SDKK 1.6bn
- Harboes Bryggeri A/SDKK 27m
- State Drinks A/SDKK 17.1m
- Royal Unibrew A/SDKK 6.7bn
- Harboes Bryggeri A/SDKK 787.1m
- State Drinks A/S18
- Royal Unibrew A/S1,570
- Harboes Bryggeri A/S286
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Christian Dannemann Eriksen10%
- Tubanke ApS15%
- Kim Have ApS5%
- Jon Andersen ApS5%
- JS Property ApS10%
- Es - Investering Holding 2011 ApS10%
- 010824 Holding ApS5%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Danni Møgelvang Rasmussen | Director | 11/01/2019 |
| Jon Volf Andersen | CEO | 21/10/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kim Sandal Have-Kieffer | Board member | 18/08/2014 |
| Anders Marcus | Board member | 02/03/2017 |
| Michael Gjelstrup Stenskrog | Board member | 25/08/2021 |
| Hans Henrik Klovborg | Chair of the board | 03/09/2025 |
- Auditor
- Lægård Revision Statsautoriseret revisionsfirma
- Founders
- Kim Sandal Have-Kieffer, Jon Volf Andersen
Former management (13)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Peter Thor Munck Birkmand | Board member | 18/08/2014 | 19/05/2025 |
| Søren Ole Jarl Bentsen | Board member | 18/08/2014 | 30/09/2014 |
| Jon Volf Andersen | CEO | 18/08/2014 | 11/01/2019 |
| Kim Sandal Have-Kieffer | Director | 01/09/2014 | 10/01/2019 |
| Søren Ole Jarl Bentsen | Chair of the board | 01/10/2014 | 02/03/2017 |
| Kris Radmer Stadsgaard | Board member | 07/10/2014 | 02/03/2017 |
| Carsten Bang Jensen | Board member | 07/10/2014 | 02/03/2017 |
| Michael Christian Stig Iuul | Chair of the board | 02/03/2017 | 28/12/2023 |
| Hasse Martin Diemer | Board member | 02/03/2017 | 25/08/2021 |
| Kim Sandal Have-Kieffer | CEO | 11/01/2019 | 21/10/2026 |
| Jon Volf Andersen | Director | 01/03/2019 | 20/10/2026 |
| Hans Henrik Klovborg | Board member | 28/12/2023 | 02/09/2025 |
| Carsten Rhodes-Nørland | Chair of the board | 28/12/2023 | 03/09/2025 |
Signing rule: Selskabet tegnes af en direktør i forening med to bestyrelsesmedlemmer eller af den samlede bestyrelse.
Address and production units
1 active production unitsRaffinaderivej 10
2300 København S
København Municipality · Postcode 2300
Other companies at the address (8)
- Les Deux ApSWholesale of clothing
- Timm Vladimirs Køkken ApSOther education n.e.c.
- Financial Outsourcing A/SAccounting, bookkeeping and auditing; tax consultancy
- GoPublic A/SComputer programming activities
- Ticketbutler ApSOther software publishing
| Production unit | Address | Employees | P number |
|---|---|---|---|
| STATE DRINKS A/S | Raffinaderivej 10, 2300 København S | 18 | 1019662841 |
Purpose
Selskabets formål er at udvikle og producere energidrikke og drive de relaterede aktiviteter inden for branding og marketing.
The purpose is quoted from the register in Danish.
Changes year by year
100 registered events20264 changesmanagement 3 · accounts 1
- ManagementJon Volf Andersen appointed ceo
- ManagementKim Sandal Have-Kieffer stepped down as ceo
- ManagementJon Volf Andersen stepped down as director
- AccountsAnnual report for 2025 published
20256 changesmanagement 4 · accounts 1 · industry 1
- ManagementHans Henrik Klovborg appointed chair of the board
- ManagementCarsten Rhodes-Nørland stepped down as chair of the board
- ManagementHans Henrik Klovborg stepped down as board member
- AccountsAnnual report for 2024 published
- ManagementPeter Thor Munck Birkmand stepped down as board member
- IndustryIndustry changed to Manufacture of soft drinks; production of bottled waters (110700)
20242 changesownership 1 · accounts 1
- Ownership010824 Holding ApS registered as owner (5%)
- AccountsAnnual report for 2023 published
20238 changesmanagement 3 · accounts 1 · name 1 · capital 2 · address 1
- ManagementCarsten Rhodes-Nørland appointed chair of the board
- ManagementHans Henrik Klovborg appointed board member
- ManagementMichael Christian Stig Iuul stepped down as chair of the board
- AccountsAnnual report for 2022 published
- NameName changed from STATE DRINKS ApS to STATE DRINKS A/S
- CapitalShare capital changed from 246,970 DKK to 493,940 DKK
- CapitalShare capital changed from 230,650 DKK to 246,970 DKK
- AddressMoved to Raffinaderivej 10, 2300 København S
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20217 changescapital 2 · ownership 2 · management 2 · accounts 1
- CapitalShare capital changed from 228,355 DKK to 230,650 DKK
- CapitalShare capital changed from 203,880 DKK to 228,355 DKK
- OwnershipES - INVESTERING HOLDING 2011 ApS registered as owner (10%)
- OwnershipErik Jensen Skjærbæk is no longer registered as owner
- ManagementMichael Gjelstrup Stenskrog appointed board member
- ManagementHasse Martin Diemer stepped down as board member
- AccountsAnnual report for 2020 published
20207 changescapital 2 · ownership 5
- CapitalShare capital changed from 171,645 DKK to 203,880 DKK
- OwnershipJON ANDERSEN ApS registered as owner (5%)
- OwnershipJS Property ApS registered as owner (10%)
- OwnershipOver The Water Capital AB is no longer registered as owner
- OwnershipJON ANDERSEN ApS is no longer registered as owner
- OwnershipJS Property ApS is no longer registered as owner
- CapitalShare capital changed from 166,415 DKK to 171,645 DKK
201915 changescapital 3 · ownership 7 · management 5
- CapitalShare capital changed from 147,395 DKK to 166,415 DKK
- CapitalShare capital changed from 136,475 DKK to 147,395 DKK
- OwnershipErik Jensen Skjærbæk registered as owner (10%)
- OwnershipKIM HAVE ApS registered as owner (5%)
- OwnershipK. STADSGAARD HOLDING ApS is no longer registered as owner
- OwnershipErik Jensen Skjærbæk is no longer registered as owner
- OwnershipKIM HAVE ApS is no longer registered as owner
- ManagementJon Volf Andersen appointed director
- CapitalShare capital changed from 121,290 DKK to 136,475 DKK
- ManagementKim Sandal Have-Kieffer appointed ceo
- ManagementDanni Møgelvang Rasmussen appointed director
- ManagementJon Volf Andersen stepped down as ceo
- OwnershipTubanke ApS registered as owner (15%)
- ManagementKim Sandal Have-Kieffer stepped down as director
- OwnershipTubanke ApS is no longer registered as owner
20182 changesownership 2
- OwnershipTubanke ApS registered as owner (15%)
- OwnershipTubanke ApS is no longer registered as owner
201717 changescapital 1 · management 6 · ownership 9 · address 1
- CapitalShare capital changed from 72,300 DKK to 121,290 DKK
- ManagementHasse Martin Diemer appointed board member
- ManagementAnders Marcus appointed board member
- ManagementMichael Christian Stig Iuul appointed chair of the board
- ManagementKris Radmer Stadsgaard stepped down as board member
- ManagementCarsten Bang Jensen stepped down as board member
- ManagementSøren Ole Jarl Bentsen stepped down as chair of the board
- OwnershipJON ANDERSEN ApS registered as owner (10%)
- OwnershipErik Jensen Skjærbæk registered as owner (5%)
- OwnershipKIM HAVE ApS registered as owner (10%)
- OwnershipK. STADSGAARD HOLDING ApS registered as owner (5%)
- OwnershipJS Property ApS registered as owner (5%)
- OwnershipTubanke ApS registered as owner (10%)
- OwnershipJON ANDERSEN ApS is no longer registered as owner
- OwnershipKIM HAVE ApS is no longer registered as owner
- OwnershipK. STADSGAARD HOLDING ApS is no longer registered as owner
- AddressMoved to Hauser Plads 10, 1127 København K
20165 changesaddress 1 · ownership 4
- AddressMoved to Langebrogade 6A, 2, 1411 København K
- OwnershipJON ANDERSEN ApS registered as owner (20%)
- OwnershipKIM HAVE ApS registered as owner (15%)
- OwnershipJON ANDERSEN ApS is no longer registered as owner
- OwnershipKIM HAVE ApS is no longer registered as owner
201511 changescapital 4 · ownership 6 · address 1
- CapitalShare capital changed from 65,070 DKK to 72,300 DKK
- OwnershipChristian Dannemann Eriksen registered as owner (10%)
- OwnershipK. STADSGAARD HOLDING ApS registered as owner (10%)
- OwnershipBANGSBOSPORT ApS is no longer registered as owner
- OwnershipK. STADSGAARD HOLDING ApS is no longer registered as owner
- OwnershipBANGSBOSPORT ApS registered as owner (5%)
- CapitalShare capital changed from 64,595 DKK to 65,070 DKK
- CapitalShare capital changed from 61,130 DKK to 64,595 DKK
- CapitalShare capital changed from 69,265 DKK to 61,130 DKK
- OwnershipUDO ApS is no longer registered as owner
- AddressMoved to Amagerbrogade 202, 1, 2300 København S
201415 changesmanagement 9 · founded 1 · ownership 5
- ManagementKris Radmer Stadsgaard appointed board member
- ManagementCarsten Bang Jensen appointed board member
- ManagementSøren Ole Jarl Bentsen appointed chair of the board
- ManagementSøren Ole Jarl Bentsen stepped down as board member
- ManagementKim Sandal Have-Kieffer appointed director
- FoundedRegistered as STATE DRINKS ApS
- ManagementKim Sandal Have-Kieffer appointed board member
- ManagementJon Volf Andersen appointed ceo
- ManagementSøren Ole Jarl Bentsen appointed board member
- ManagementPeter Thor Munck Birkmand appointed board member
- OwnershipK. STADSGAARD HOLDING ApS registered as owner (10%)
- OwnershipOver The Water Capital AB registered as owner (5%)
- OwnershipJON ANDERSEN ApS registered as owner (25%)
- OwnershipUDO ApS registered as owner (10%)
- OwnershipKIM HAVE ApS registered as owner (20%)
Related companies
Same industry in København
- Carlsberg Supply Company Danmark A/S1,110 employees
- NODA Copenhagen A/S16 employees
- Bold Drinks ApS8 employees
- Folk Kombucha ApS4 employees
- Dansevand ApS4 employees
- D Ferments ApS2 employees
Same people in management
- Aktieselskabet Th. Wessel & Vett. Magasin Du Nordvia Michael Christian Stig Iuul
- SATS Danmark A/Svia Erik Jensen Skjærbæk
- PARKEN Services A/Svia Michael Gjelstrup Stenskrog
- Nexel A/Svia Michael Christian Stig Iuul
- Lalandia Billund A/Svia Erik Jensen Skjærbæk
- Carlsberg Breweries A/Svia Michael Christian Stig Iuul
Largest in the industry
- Royal Unibrew A/SDKK 6.8bn
- Harboes Bryggeri A/SDKK 362.2m
- Aqua D'or Mineral Water A/SDKK 142.2m
- Carlsberg Supply Company Danmark A/SDKK 117.9m
- Grønvang Food ApSDKK 98.6m
- Danish Bottling Company A/SDKK 33m
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.