Swire Renewable Energy A/S
Public limited companyCVR 36445874LystrupActive
Swire Renewable Energy A/S is a public limited company, based in Lystrup, active in repair of electrical equipment, founded in 2014. Measured by gross profit, it ranks no. 2 of 77 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 125.2m. With 282 employees, the company is about 31 times larger than the industry median.
Key figures · financial year 2025
RevenueDKK 701.3m+43.1% vs. 2024
Net profit−DKK 125.2m−0.2% vs. 2024
EquityDKK 84.6m−59.9% vs. 2024
Employees282latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 112% (2024 → 2025), to DKK 254.8m.
- Revenue rose 43% (2024 → 2025), to DKK 701.3m.
- The loss grew: from DKK 124.9m to DKK 125.2m (2024 → 2025).
- Equity fell 60% (2024 → 2025), to DKK 84.6m.
Employees
- 7 more employees than a year earlier: 282 (07/2026) against 275 (07/2025).
Management and owners, last 24 months
- New in management: Donald Keith Blake (ceo, 07/10/2025) and Mark Konrad (board member, 08/10/2025).
- Stepped down: Flemming Obenhausen Andersen (board member, 08/10/2025), Ryan Jon Smith (board member, 31/03/2026) and Ryan Jon Smith (ceo, 07/10/2025) (+1).
Registrations, last 24 months
- 01/01/2025: Industry changed to Repair of electrical equipment (331400)
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 | 235,335 | 252,884 | 259,054 | 286,886 | 490,097 | 701,344 | +43.1% |
| Gross profit | 170,845 | 174,596 | 62,095 | 116,523 | 120,023 | 254,806 | +112.3% |
| Operating profit (EBIT) | −26,068 | −5,118 | −134,773 | −4,656 | −101,735 | −124,972 | −22.8% |
| Profit before tax | −63,826 | −30,326 | −131,857 | −21,748 | −120,076 | −120,762 | −0.6% |
| Net profit | −61,771 | −30,412 | −133,348 | −25,720 | −124,899 | −125,182 | −0.2% |
| Total assets | 192,594 | 178,071 | 137,300 | 264,551 | 324,268 | 506,571 | +56.2% |
| Equity | 117,387 | 86,445 | −73,765 | 68,279 | 210,894 | 84,571 | −59.9% |
| Liabilities | 75,207 | 91,626 | 211,064 | 196,272 | 85,635 | 376,980 | +340.2% |
| Cash and cash equivalents | 14 | 13 | 8,395 | 25,974 | 49,004 | 92,164 | +88.1% |
| Average number of employees | 193 | 174 | 157 | 133 | 286 | 426 | +49% |
Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 60% from 2024 to 2025 (DKK 210.9m to DKK 84.6m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
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 | 25/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 03/06/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 28/06/2023 | The company | PDFXBRL |
| 2021 | 01/05/2020 – 30/04/2021 | 30/06/2022 | The company | PDFXBRL |
| 2020 | 01/05/2019 – 30/04/2020 | 06/10/2020 | 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
77 companies in the databaseComparison with the other companies in repair of electrical equipment based on the latest financial year.
Gross profitDKK 254.8mNo. 2 of 77
Better than 99% of the companies in the industry
EquityDKK 84.6mNo. 4 of 77
Better than 96% of the companies in the industry
Number of employees282No. 2 of 77
Better than 99% of the companies in the industry
Industry median: gross profit DKK 4.6m, net profit DKK 588k, equity DKK 3.5m, 9 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 200–499 employees796 companies in the comparison | No. 205of 763 Better than 73% | No. 435of 796 Better than 45% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 121of 33,588 Better than 100% | No. 798of 33,687 Better than 98% |
| All companies of type A/S18,025 companies in the comparison | No. 604of 17,786 Better than 97% | No. 2,559of 18,024 Better than 86% |
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
Repair of electrical equipmentGross profit
- Swire Renewable Energy A/SDKK 254.8m
- Zeppelin Danmark A/SDKK 315.3m
- Ven-to ApSDKK 146.2m
Net profit
- Swire Renewable Energy A/S−DKK 125.2m
- Zeppelin Danmark A/SDKK 46.6m
- Ven-to ApS−DKK 14.1m
Equity
- Swire Renewable Energy A/SDKK 84.6m
- Zeppelin Danmark A/SDKK 360.1m
- Ven-to ApSDKK 30m
Employees
- Swire Renewable Energy A/S282
- Zeppelin Danmark A/S327
- Ven-to ApS113
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- Swire Renewable Energy Holdings Limited100%
Swire Renewable Energy A/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Donald Keith Blake | CEO | 07/10/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| John Bruce Rae Smith | Chair of the board | 04/01/2023 |
| Hanne Ragborg Fynbo | Board member | 22/05/2024 |
| Mark Konrad | Board member | 08/10/2025 |
- Founders
- Swire Renewable Energy Holding A/S
Former management (29)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Karsten Robæk Severinsen | Board member | 27/11/2014 | 27/10/2016 |
| Jesper Hørsholt | Chair of the board | 27/11/2014 | 27/10/2016 |
| Peter Thorlund Haahr | Board member | 27/11/2014 | 07/12/2016 |
| Peter Thorlund Haahr | Director | 27/11/2014 | 11/04/2016 |
| Ken Sørensen | Director | 11/04/2016 | 27/10/2016 |
| Lauge Hyllegaard Fredhave | Board member | 27/10/2016 | 28/06/2017 |
| Karsten Robæk Severinsen | Director | 27/10/2016 | 01/03/2017 |
| Henrik Edgar Hansen | Board member | 27/10/2016 | 26/09/2017 |
| Bjarne Møller | Board member | 27/10/2016 | 02/08/2021 |
| Finn Strøm Madsen | Board member | 27/10/2016 | 02/08/2021 |
| Lars Thaaning Pedersen | Board member | 27/10/2016 | 28/06/2017 |
| Peter Thorlund Haahr | Chair of the board | 08/12/2016 | 02/08/2021 |
| Hans Schneider | Director | 01/03/2017 | 30/06/2020 |
| Lars Prisak | Board member | 28/06/2017 | 02/08/2021 |
| Ole Bigum Nielsen | Board member | 18/12/2017 | 02/08/2021 |
| Michael Thatt | CEO | 01/07/2020 | 30/12/2021 |
| Michael Thatt | Board member | 02/08/2021 | 30/12/2021 |
| Manfred Vonlanthen | Chair of the board | 02/08/2021 | 04/01/2023 |
| Sabine Gabriele Weth | Board member | 02/08/2021 | 02/05/2022 |
| Martin Humphrey Shaw | Board member | 02/08/2021 | 04/01/2023 |
| Sabine Gabriele Weth | CEO | 30/12/2021 | 11/02/2022 |
| Jan Paarup Harrestrup | CEO | 11/02/2022 | 03/06/2022 |
| Sabine Gabriele Weth | Board member | 03/06/2022 | 04/01/2023 |
| Sabine Gabriele Weth | CEO | 03/06/2022 | 01/08/2022 |
| Nils Hinnerk Leseberg | CEO | 01/08/2022 | 04/01/2023 |
| Flemming Obenhausen Andersen | Board member | 04/01/2023 | 08/10/2025 |
| Ryan Jon Smith | Board member | 04/01/2023 | 31/03/2026 |
| Ryan Jon Smith | CEO | 04/01/2023 | 07/10/2025 |
| Victoria Louise Gilbert | Board member | 22/05/2024 | 09/01/2026 |
Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
2 active production unitsLyshøjen 4
8520 Lystrup
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Swire Renewable Energy A/S | Lyshøjen 4, st. tv, 8520 Lystrup | 281 | 1022471763 |
| Swire Renewable Energy A/S | Møgelgårdsvej 4, 8520 Lystrup | – | 1031072170 |
Purpose
Selskabets formål er at udøve aktiviteter indenfor olie, gas og -vindindustrien, samt at eje aktier og anparter i helt eller delvist ejede selskaber, samt al anden virksomhed, som efter bestyrelsens skøn har forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
87 registered events22015
152016
112017
22018
02019
32020
142021
92022
102023
62024
62025
32026
20263 changesaccounts 1 · management 2
- AccountsAnnual report for 2025 published
- ManagementRyan Jon Smith stepped down as board member
- ManagementVictoria Louise Gilbert stepped down as board member
20256 changesmanagement 4 · accounts 1 · industry 1
- ManagementMark Konrad appointed board member
- ManagementFlemming Obenhausen Andersen stepped down as board member
- ManagementDonald Keith Blake appointed ceo
- ManagementRyan Jon Smith stepped down as ceo
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Repair of electrical equipment (331400)
20246 changesownership 2 · merger 1 · accounts 1 · management 2
- OwnershipSwire Renewable Energy Holdings Limited registered as owner (100%)
- OwnershipSwire Renewable Energy Holding A/S is no longer registered as owner
- MergerMerger registered in CVR
- AccountsAnnual report for 2023 published
- ManagementVictoria Louise Gilbert appointed board member
- ManagementHanne Ragborg Fynbo appointed board member
202310 changesaccounts 1 · name 1 · management 8
- AccountsAnnual report for 2022 published
- NameName changed from Swire Energy Services A/S to Swire Renewable Energy A/S
- ManagementFlemming Obenhausen Andersen appointed board member
- ManagementJohn Bruce Rae Smith appointed chair of the board
- ManagementRyan Jon Smith appointed ceo
- ManagementRyan Jon Smith appointed board member
- ManagementNils Hinnerk Leseberg stepped down as ceo
- ManagementSabine Gabriele Weth stepped down as board member
- ManagementManfred Vonlanthen stepped down as chair of the board
- ManagementMartin Humphrey Shaw stepped down as board member
20229 changesmanagement 8 · accounts 1
- ManagementNils Hinnerk Leseberg appointed ceo
- ManagementSabine Gabriele Weth stepped down as ceo
- AccountsAnnual report for 2021 published
- ManagementSabine Gabriele Weth appointed ceo
- ManagementSabine Gabriele Weth appointed board member
- ManagementJan Paarup Harrestrup stepped down as ceo
- ManagementSabine Gabriele Weth stepped down as board member
- ManagementJan Paarup Harrestrup appointed ceo
- ManagementSabine Gabriele Weth stepped down as ceo
202114 changesmanagement 12 · name 1 · industry 1
- ManagementSabine Gabriele Weth appointed ceo
- ManagementMichael Thatt stepped down as board member
- ManagementMichael Thatt stepped down as ceo
- NameName changed from ALL NRG A/S to Swire Energy Services A/S
- IndustryIndustry changed to Fremstilling af vindmøller og dele hertil (281110)
- ManagementMichael Thatt appointed board member
- ManagementManfred Vonlanthen appointed chair of the board
- ManagementSabine Gabriele Weth appointed board member
- ManagementMartin Humphrey Shaw appointed board member
- ManagementOle Bigum Nielsen stepped down as board member
- ManagementLars Prisak stepped down as board member
- ManagementPeter Thorlund Haahr stepped down as chair of the board
- ManagementFinn Strøm Madsen stepped down as board member
- ManagementBjarne Møller stepped down as board member
20203 changesaccounts 1 · management 2
- AccountsAnnual report for 2020 published
- ManagementMichael Thatt appointed ceo
- ManagementHans Schneider stepped down as director
20182 changesaddress 1 · industry 1
- AddressMoved to Lyshøjen 4, st. tv, 8520 Lystrup
- IndustryIndustry changed to Temporary employment agency activities and other staff provision (782000)
201711 changesmanagement 7 · address 2 · industry 1 · merger 1
- ManagementOle Bigum Nielsen appointed board member
- AddressMoved to Lyshøjen 4, st. tv, 8520 Lystrup
- AddressMoved to Skæringvej 88, 8520 Lystrup
- IndustryIndustry changed to Fremstilling af vindmøller og dele hertil (281110)
- ManagementHenrik Edgar Hansen stepped down as board member
- MergerMerger registered in CVR
- ManagementLars Prisak appointed board member
- ManagementLauge Hyllegaard Fredhave stepped down as board member
- ManagementLars Thaaning Pedersen stepped down as board member
- ManagementHans Schneider appointed director
- ManagementKarsten Robæk Severinsen stepped down as director
201615 changesmanagement 13 · name 1 · industry 1
- ManagementPeter Thorlund Haahr appointed chair of the board
- ManagementPeter Thorlund Haahr stepped down as board member
- ManagementKarsten Robæk Severinsen appointed director
- ManagementLauge Hyllegaard Fredhave appointed board member
- ManagementLars Thaaning Pedersen appointed board member
- ManagementFinn Strøm Madsen appointed board member
- ManagementBjarne Møller appointed board member
- ManagementHenrik Edgar Hansen appointed board member
- ManagementKen Sørensen stepped down as director
- ManagementKarsten Robæk Severinsen stepped down as board member
- ManagementJesper Hørsholt stepped down as chair of the board
- NameName changed from ALL NRG GROUP A/S to ALL NRG A/S
- ManagementKen Sørensen appointed director
- ManagementPeter Thorlund Haahr stepped down as director
- IndustryIndustry changed to Activities of non-financial head offices (701010)
20152 changesaddress 1 · capital 1
- AddressMoved to Søndre Kajgade 7-9, 8500 Grenaa
- CapitalShare capital changed from 5,000,000 DKK to 6,000,000 DKK
20146 changesfounded 1 · management 4 · ownership 1
- FoundedRegistered as ALL NRG GROUP A/S
- ManagementKarsten Robæk Severinsen appointed board member
- ManagementPeter Thorlund Haahr appointed board member
- ManagementJesper Hørsholt appointed chair of the board
- ManagementPeter Thorlund Haahr appointed director
- OwnershipSwire Renewable Energy Holding A/S registered as owner (100%)
Related companies
Same industry in Aarhus
- Connected Wind Services Danmark A/S137 employees
- Pronor Industriteknik A/S21 employees
- Aktieselskabet BG Service Center17 employees
- Hallum Teknik ApS5 employees
Same people in management
- Vestas Manufacturing A/Svia Flemming Obenhausen Andersen
- Vestas Northern Europe A/Svia Flemming Obenhausen Andersen
- Vattenfall Vindkraft A/Svia Ole Bigum Nielsen
- Centrica Energy Trading A/Svia Peter Thorlund Haahr
- Frontmatec Skive A/Svia Jesper Hørsholt
- RWE Renewables Denmark A/Svia Nils Hinnerk Leseberg
Largest in the industry
- Zeppelin Danmark A/SDKK 315.3m
- Ven-to ApSDKK 146.2m
- Connected Wind Services Danmark A/SDKK 98.9m
- Muehlhan Wind Service A/SDKK 59.1m
- KK Partner A/SDKK 57.4m
- ZITON Contractors A/SDKK 55.7m
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.