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Telenor A/S

Public limited companyCVR 19433692København SVActive

Telenor A/S is a public limited company, based in København SV, active in wired, wireless and satellite telecommunications, founded in 1996. Operations are spread over 45 production units in 35 towns. With 999 employees, the company is about 80 times larger than the industry median. Equity fell to DKK 1.2bn in 2025.

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Key figures · financial year 2025

RevenueDKK 4bn+4.5% vs. 2024
Net profitDKK 301m−0.3% vs. 2024
EquityDKK 1.2bn−23.5% vs. 2024
Employees999latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue rose 4% (2024 → 2025), to DKK 4bn.
  • Equity fell 24% (2024 → 2025), to DKK 1.2bn.

Employees

  • 11 fewer employees than a year earlier: 999 (07/2026) against 1,010 (07/2025).

Management and owners, last 24 months

  • New in management: Inger Gløersen Folkeson (board member, 22/11/2024), Elisabeth Stene (board member, 06/02/2025) and Jon Omund Revhaug (chair of the board, 17/08/2026) (+1).
  • Stepped down: Mette Eistrøm Krüger (board member, 17/02/2025), Jon Omund Revhaug (chair of the board, 01/04/2025) and Cedric Sam Kamtsan (board member, 22/11/2024) (+1).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wired, wireless and satellite telecommunications (611000)

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 2019–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 1bnDKK 2bnDKK 3bnDKK 4bnDKK 5bnDKK 6bn2019202020212022202320242025
EquityNet profit
Financial figures for Telenor A/S
2019202020212022202320242025Change
Revenue3,775,0003,690,0003,914,0004,013,0004,064,0003,786,0003,956,000+4.5%
Operating profit (EBIT)–199,000312,000291,000460,000467,000438,000−6.2%
Profit before tax1,077,000646,000340,000264,000384,000395,000437,000+10.6%
Net profit818,000606,000214,000209,000304,000302,000301,000−0.3%
Total assets9,354,0009,312,0006,131,0005,518,0005,426,0005,150,0005,085,000−1.3%
Equity5,361,0005,967,0002,586,0001,801,0001,851,0001,506,0001,152,000−23.5%
Liabilities3,993,0003,345,0003,545,0003,717,0003,575,0003,644,0003,933,000+7.9%
Cash and cash equivalents29,00037,00040,00039,00061,00050,00038,000−24%
Average number of employees1,3291,2381,1021,014960929––

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

DKK 0DKK 200mDKK 400mDKK 600mDKK 800m2019202020212022202320242025
Net profitMedian, the industry (68 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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

7 financial years
Annual reports for Telenor A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202403/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202216/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202111/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/07/2021The companyPDFXBRL
201901/01/2019 – 31/12/201902/09/2020The 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
02004006008001,00008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

68 companies in the database

Comparison with the other companies in wired, wireless and satellite telecommunications based on the latest financial year.

EquityDKK 1.2bnNo. 9 of 68
Better than 88% of the companies in the industry
Number of employees999No. 5 of 68
Better than 94% of the companies in the industry

Industry median: gross profit DKK 16.3m, net profit DKK 283k, equity DKK 7.8m, 13 employees.

DKK 167kDKK 2.3mDKK 31.8mDKK 438.6mDKK 2.5bn
Distribution of gross profit for 61 companies in the industry (latest financial year, logarithmic scale).

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 500–999 employees207 companies in the comparisonnot stated
No. 43of 207
Better than 80%
Companies that are at least 30 years old10,276 companies in the comparisonnot stated
No. 200of 10,275
Better than 98%
All companies of type A/S18,025 companies in the comparisonnot stated
No. 377of 18,024
Better than 98%

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
Gross profit
  1. Telenor A/S–
  2. TDC Net A/SDKK 6.1bn
  3. TDC Brands A/SDKK 4.8bn
Net profit
  1. Telenor A/SDKK 301m
  2. TDC Net A/S−DKK 58m
  3. TDC Brands A/S−DKK 562m
Equity
  1. Telenor A/SDKK 1.2bn
  2. TDC Net A/SDKK 2.2bn
  3. TDC Brands A/SDKK 5.5bn
Employees
  1. Telenor A/S999
  2. TDC Net A/S1,856
  3. 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
Owners
  • Telenor Danmark Holding A/S100%
Telenor A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Telenor A/S
NameRoleAppointed
Lars ThomsenCEO01/08/2020

Board of directors

Board of directors at Telenor A/S
NameRoleAppointed
Nikolai Nørnberg NielsenBoard member06/07/2020
Natalia Bates LaursenBoard member07/02/2024
Inger Gløersen FolkesonBoard member22/11/2024
Elisabeth SteneBoard member06/02/2025
Jon Omund RevhaugChair of the board17/08/2026
Founders
Anpartsselskabet Stakemann
Former management (84)
Former management at Telenor A/S
NameRoleAppointedResigned
Hans Christian GalstBoard member01/08/199618/11/1996
Ulf Svejgaard PoulsenChair of the board01/08/199618/11/1996
Per Emil Hasselbalch StakemannBoard member01/08/199618/11/1996
Per Emil Hasselbalch StakemannDirector01/08/199618/11/1996
Torben SvanbergCEO18/11/199602/02/1998
Jørgen LindegaardChair of the board18/11/199612/02/2004
Frits Volmer Stærk LarsenBoard member18/11/199610/08/2000
Robert Davis ShinglerDeputy CEO18/11/199630/06/1998
Thomas Frederik DuerBoard member18/11/199609/10/1997
Joaquin Ramon CarbonellBoard member18/11/199613/02/1997
Philip Robert WallaceBoard member18/11/199612/02/2004
Benjamin Franklin Holcomb IIIBoard member13/02/199720/05/1999
Jørn Kildegaard AndersenBoard member09/10/199710/08/2000
Tage RasmussenDirector02/02/199816/10/2000
Ulrik BülowDirector01/06/199801/09/2003
Stephen Joel GrayBoard member20/05/199906/02/2002
Allan KochDirector31/03/200026/04/2005
Rune SørensenDirector31/03/200016/04/2002
Ingvild MyhreBoard member10/08/200008/10/2002
Jon SeidenfadenDirector16/10/200026/04/2005
Keith Osburn CowanBoard member06/02/200212/02/2004
Arve JohansenBoard member08/10/200226/04/2005
Tage ReinertCEO01/09/200330/09/2004
Per Waldemar SimonsenBoard member12/02/200426/04/2005
Steen JespersenCEO30/09/200418/01/2005
Morten Karlsen SørbyChair of the board26/04/200517/04/2009
Jan Edvard ThygesenBoard member26/04/200514/03/2006
Jan Edvard ThygesenCEO26/04/200515/08/2005
Ragnar KårhusBoard member26/04/200518/01/2008
Anders Hauglie-HanssenBoard member26/04/200518/01/2008
Berit SvendsenBoard member17/05/200518/01/2008
Henrik ClausenCEO15/08/200506/05/2010
Roland Munkerod AndersenDirector14/11/200509/04/2008
Nils KatlaBoard member18/01/200803/09/2012
Børge MoholtBoard member18/01/200801/03/2010
Sitek WitoldBoard member18/01/200820/01/2011
Ragnar Holmen KorsæthChair of the board17/04/200901/03/2010
Kristin Skogen LundChair of the board01/03/201015/05/2012
Johan Sverre RostoftBoard member01/03/201001/10/2010
Jon Erik HaugCEO06/05/201005/09/2012
Ragnar Holmen KorsæthBoard member25/05/201001/08/2011
Knut Haakon NilsenBoard member01/10/201002/12/2015
Snorre CorneliussenBoard member01/08/201103/09/2012
Rolv-Erik SpillingBoard member01/08/201103/09/2012
Kjell-Morten JohnsenChair of the board15/05/201203/12/2015
Lars-Åke Valdemar NorlingBoard member15/05/201203/09/2012
Hanne Resch BrækkenBoard member03/09/201230/08/2017
Christel Elise BorgeBoard member03/09/201230/08/2017
Svein Henning KirkengBoard member03/09/201203/12/2015
Eivind Christen KarlsenBoard member03/09/201218/01/2013
Marek SlácíkCEO05/09/201201/06/2015
Witold SitekBoard member18/01/201303/12/2015
Hilde TonneBoard member09/04/201307/02/2014
Henrik Tonsberg LøkkeBoard member21/05/201401/11/2016
Michael Jul JensenDeputy board member21/05/201419/05/2016
Jens Gram LarsenBoard member21/05/201407/02/2024
Lise RylevDeputy board member21/05/201401/11/2016
Nikolai Nørnberg NielsenDeputy board member21/05/201431/10/2016
Morten Thimes ChristensenBoard member21/05/201420/05/2016
Jesper Steffen HansenCEO01/06/201531/07/2020
Knut Haakon NilsenChair of the board03/12/201530/08/2017
Sven Henrik Gerner-MathisenBoard member03/12/201531/12/2016
Michael Jul JensenBoard member20/05/201631/05/2018
Nikolai Nørnberg NielsenBoard member01/11/201630/05/2018
Geir DyngelandBoard member01/02/201731/12/2022
Richard Maarbjerg StigaardBoard member30/08/201706/07/2020
Håvard NaustdalBoard member30/08/201705/05/2022
Berit SvendsenChair of the board30/08/201704/09/2018
Nikolai Nørnberg NielsenDeputy board member31/05/201805/07/2020
Line Bang Riecke HjardemaalBoard member31/05/201802/01/2019
Jan LundsgaardDeputy board member31/05/201801/01/2019
Morten Karlsen SørbyChair of the board04/09/201807/11/2019
Jan LundsgaardBoard member02/01/201906/07/2020
Jukka Tapani LeinonenChair of the board07/11/201931/08/2022
Ieva Martinkénaité-PunjanaskienéBoard member06/07/202031/12/2022
Camilla AmundsenBoard member05/05/202231/12/2022
Petter-Børre FurbergChair of the board31/08/202201/10/2023
Cecilie Blydt HeuchBoard member01/01/202315/01/2024
John Sebastian Schmidt SlørdahlBoard member01/01/202319/08/2024
Jørgen Christian Arentz RostrupChair of the board01/10/202324/06/2024
Mette Eistrøm KrügerBoard member15/01/202417/02/2025
Jon Omund RevhaugChair of the board24/06/202401/04/2025
Cedric Sam KamtsanBoard member19/08/202422/11/2024
Sigvart Voss EriksenChair of the board01/04/202517/08/2026

Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsens formand eller af 3 medlemmer af bestyrelsen

Address and production units

45 active production units

Frederikskaj 8
2450 København SV

København Municipality · Postcode 2450

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
TELENOR A/SSkelagervej 9, 9000 Aalborg4901004358874
TELENOR A/SFrederikskaj 8, 2450 København SV2151007651232
Telenor ButikkenNæstved Storcenter 1, 4700 Næstved131016658568
Telenor ButikkenRødovre Centrum 8, 2610 Rødovre121016657243
Telenor ButikkenHobrovej 452, 9200 Aalborg SV111016657537
Telenor ButikkenØrbækvej 75, 5220 Odense SØ111016657480
Telenor ButikkenFalkoner Alle 21, 2000 Frederiksberg101016657235
Telenor ButikkenA F Heidemanns Vej 20, 9800 Hjørring101016658479
Telenor ButikkenAgerøvej 7, True, 8381 Tilst101016658495
Telenor ButikkenM.P. Bruuns Gade 25, 8000 Aarhus C101016657618
Telenor ButikkenKalvebod Brygge 119, 1560 København V101016657189
Telenor ButikkenNiels Bohrs Allé 150, 5230 Odense M91016658525
Telenor ButikkenIdagårdsvej 1, 4200 Slagelse91016658541
Telenor A/SArne Jacobsens Allé 2, 2300 København S81017352764
Telenor ButikkenVestsjællandscentret 10A, st. 1, 4200 Slagelse81016658681

Showing 15 of 45 units (sorted by employees).

Purpose

Selskabets formål er at drive virksomhed med produktion, drift, salg og markedsføring og udvikling af enhver form for mobile og faste telekommunikationstjenester, -ydelser og udstyr og anden virksomhed, der efter bestyrelsens skøn står i forbindelse hermed

The purpose is quoted from the register in Danish.

Changes year by year

148 registered events
20263 changesmanagement 2 · accounts 1
  • Jon Omund Revhaug appointed chair of the board
  • Sigvart Voss Eriksen stepped down as chair of the board
  • Annual report for 2025 published
20256 changesaccounts 1 · management 4 · industry 1
  • Annual report for 2024 published
  • Sigvart Voss Eriksen appointed chair of the board
  • Jon Omund Revhaug stepped down as chair of the board
  • Mette Eistrøm Krüger stepped down as board member
  • Elisabeth Stene appointed board member
  • Industry changed to Wired, wireless and satellite telecommunications (611000)
202411 changesmanagement 10 · accounts 1
  • Inger Gløersen Folkeson appointed board member
  • Cedric Sam Kamtsan stepped down as board member
  • Cedric Sam Kamtsan appointed board member
  • John Sebastian Schmidt Slørdahl stepped down as board member
  • Annual report for 2023 published
  • Jon Omund Revhaug appointed chair of the board
  • Jørgen Christian Arentz Rostrup stepped down as chair of the board
  • Natalia Bates Laursen appointed board member
  • Jens Gram Larsen stepped down as board member
  • Mette Eistrøm Krüger appointed board member
  • Cecilie Blydt Heuch stepped down as board member
20235 changesmanagement 4 · accounts 1
  • Jørgen Christian Arentz Rostrup appointed chair of the board
  • Petter-Børre Furberg stepped down as chair of the board
  • Annual report for 2022 published
  • Cecilie Blydt Heuch appointed board member
  • John Sebastian Schmidt Slørdahl appointed board member
20228 changesmanagement 7 · accounts 1
  • Camilla Amundsen stepped down as board member
  • Ieva Martinkénaité-Punjanaskiené stepped down as board member
  • Geir Dyngeland stepped down as board member
  • Petter-Børre Furberg appointed chair of the board
  • Jukka Tapani Leinonen stepped down as chair of the board
  • Annual report for 2021 published
  • Camilla Amundsen appointed board member
  • Håvard Naustdal stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20208 changesaccounts 1 · management 7
  • Annual report for 2019 published
  • Lars Thomsen appointed ceo
  • Jesper Steffen Hansen stepped down as ceo
  • Ieva Martinkénaité-Punjanaskiené appointed board member
  • Nikolai Nørnberg Nielsen appointed board member
  • Jan Lundsgaard stepped down as board member
  • Richard Maarbjerg Stigaard stepped down as board member
  • Nikolai Nørnberg Nielsen stepped down as deputy board member
20195 changesmanagement 5
  • Jukka Tapani Leinonen appointed chair of the board
  • Morten Karlsen Sørby stepped down as chair of the board
  • Jan Lundsgaard appointed board member
  • Line Bang Riecke Hjardemaal stepped down as board member
  • Jan Lundsgaard stepped down as deputy board member
20187 changesmanagement 7
  • Morten Karlsen Sørby appointed chair of the board
  • Berit Svendsen stepped down as chair of the board
  • Nikolai Nørnberg Nielsen appointed deputy board member
  • Jan Lundsgaard appointed deputy board member
  • Line Bang Riecke Hjardemaal appointed board member
  • Michael Jul Jensen stepped down as board member
  • Nikolai Nørnberg Nielsen stepped down as board member
20179 changesmanagement 7 · capital 1 · merger 1
  • Berit Svendsen appointed chair of the board
  • Håvard Naustdal appointed board member
  • Richard Maarbjerg Stigaard appointed board member
  • Knut Haakon Nilsen stepped down as chair of the board
  • Christel Elise Borge stepped down as board member
  • Hanne Resch Brækken stepped down as board member
  • Share capital changed from 600,000,000 DKK to 605,000,000 DKK
  • Merger registered in CVR
  • Geir Dyngeland appointed board member
201610 changesmanagement 8 · capital 2
  • Sven Henrik Gerner-Mathisen stepped down as board member
  • Nikolai Nørnberg Nielsen appointed board member
  • Henrik Tonsberg Løkke stepped down as board member
  • Lise Rylev stepped down as deputy board member
  • Nikolai Nørnberg Nielsen stepped down as deputy board member
  • Michael Jul Jensen appointed board member
  • Morten Thimes Christensen stepped down as board member
  • Michael Jul Jensen stepped down as deputy board member
  • Share capital changed from 500,000,000 DKK to 600,000,000 DKK
  • Share capital changed from 400,000,000 DKK to 500,000,000 DKK
20158 changesmanagement 8
  • Knut Haakon Nilsen appointed chair of the board
  • Sven Henrik Gerner-Mathisen appointed board member
  • Witold Sitek stepped down as board member
  • Svein Henning Kirkeng stepped down as board member
  • Kjell-Morten Johnsen stepped down as chair of the board
  • Knut Haakon Nilsen stepped down as board member
  • Jesper Steffen Hansen appointed ceo
  • Marek Slácík stepped down as ceo
20147 changesmanagement 7
  • Henrik Tonsberg Løkke appointed board member
  • Morten Thimes Christensen appointed board member
  • Nikolai Nørnberg Nielsen appointed deputy board member
  • Lise Rylev appointed deputy board member
  • Jens Gram Larsen appointed board member
  • Michael Jul Jensen appointed deputy board member
  • Hilde Tonne stepped down as board member
20133 changesmanagement 3
  • Hilde Tonne appointed board member
  • Witold Sitek appointed board member
  • Eivind Christen Karlsen stepped down as board member
201214 changesmerger 1 · management 13
  • Merger registered in CVR
  • Marek Slácík appointed ceo
  • Jon Erik Haug stepped down as ceo
  • Christel Elise Borge appointed board member
  • Eivind Christen Karlsen appointed board member
  • Svein Henning Kirkeng appointed board member
  • Hanne Resch Brækken appointed board member
  • Lars-Åke Valdemar Norling stepped down as board member
  • Rolv-Erik Spilling stepped down as board member
  • Snorre Corneliussen stepped down as board member
  • Nils Katla stepped down as board member
  • Lars-Åke Valdemar Norling appointed board member
  • Kjell-Morten Johnsen appointed chair of the board
  • Kristin Skogen Lund stepped down as chair of the board
20114 changesmanagement 4
  • Rolv-Erik Spilling appointed board member
  • Snorre Corneliussen appointed board member
  • Ragnar Holmen Korsæth stepped down as board member
  • Sitek Witold stepped down as board member
201010 changesmerger 1 · management 9
  • Merger registered in CVR
  • Knut Haakon Nilsen appointed board member
  • Johan Sverre Rostoft stepped down as board member
  • Ragnar Holmen Korsæth appointed board member
  • Jon Erik Haug appointed ceo
  • Henrik Clausen stepped down as ceo
  • Kristin Skogen Lund appointed chair of the board
  • Johan Sverre Rostoft appointed board member
  • Ragnar Holmen Korsæth stepped down as chair of the board
  • Børge Moholt stepped down as board member
20092 changesname 1 · management 1
  • Name changed from SONOFON A/S to TELENOR A/S
  • Ragnar Holmen Korsæth appointed chair of the board
20087 changesmerger 1 · management 5 · industry 1
  • Merger registered in CVR
  • Roland Munkerod Andersen stepped down as director
  • Nils Katla appointed board member
  • Sitek Witold appointed board member
  • Børge Moholt appointed board member
  • Berit Svendsen stepped down as board member
  • Industry changed to Resale of telecommunications and brokerage in telecommunications (612000)
20073 changescapital 1 · ownership 1 · address 1
  • Share capital changed from 300,000,000 DKK to 400,000,000 DKK
  • TELENOR DANMARK HOLDING A/S registered as owner (100%)
  • Moved to Frederikskaj 8, 2450 København SV
20061 changecapital 1
  • Share capital changed from 200,000,000 DKK to 300,000,000 DKK
20054 changesaddress 1 · management 3
  • Moved to Skelagervej 9, 9000 Aalborg
  • Roland Munkerod Andersen appointed director
  • Henrik Clausen appointed ceo
  • Berit Svendsen appointed board member
20041 changemerger 1
  • Merger registered in CVR
20034 changescapital 2 · merger 1 · industry 1
  • Share capital changed from 121,600,000 DKK to 200,000,000 DKK
  • Share capital changed from 100,000,000 DKK to 121,600,000 DKK
  • Merger registered in CVR
  • Industry changed to Udbydere af trådløs kommunikation (642020)
20011 changecapital 1
  • Share capital changed from 59,000,000 DKK to 100,000,000 DKK
19992 changescapital 2
  • Share capital changed from 39,000,000 DKK to 59,000,000 DKK
  • Share capital changed from 25,000,000 DKK to 39,000,000 DKK
19981 changecapital 1
  • Share capital changed from 10,000,000 DKK to 25,000,000 DKK
19971 changecapital 1
  • Share capital changed from 500,000 DKK to 10,000,000 DKK
19962 changesname 1 · founded 1
  • Name changed from A/S PSE 38 NR. 1825 to SONOFON A/S
  • Registered as A/S PSE 38 NR. 1825

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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 23/10/2026.

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