Twig Energy ApS

Private limited companyCVR 42377449København KActive

Twig Energy ApS is a private limited company, based in København K, active in other trade in electricity, founded in 2021. Net profit rose 86% from 2024 to 2025, ending at DKK 155.2m. Measured by gross profit, it ranks no. 4 of 74 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

Gross profitDKK 222.4m+82% vs. 2024
Net profitDKK 155.2m+86.2% vs. 2024
EquityDKK 54.1m−57% vs. 2024
Employees30latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 82% (2024 → 2025), to DKK 222.4m.
  • Net profit rose 86% (2024 → 2025), to DKK 155.2m.
  • Equity fell 57% (2024 → 2025), to DKK 54.1m.

Employees

  • 8 more employees than a year earlier: 30 (07/2026) against 22 (07/2025).

Management and owners, last 24 months

  • New in management: Søren Kaae Sønderby (director, 01/12/2024) and Casper Kaae Sønderby (ceo, 01/12/2024).
  • Stepped down: Søren Kaae Sønderby (ceo, 30/11/2024) and Casper Kaae Sønderby (director, 30/11/2024).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Other trade in electricity (351590)

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 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160m20212022202320242025
EquityNet profit
Financial figures for Twig Energy ApS
20212022202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit25665,17862,256122,174222,362+82%
Operating profit (EBIT)–60,02350,676104,056198,163+90.4%
Profit before tax25260,07350,906106,935198,994+86.1%
Net profit19747,09439,10183,338155,164+86.2%
Total assets1,10346,65548,119136,524249,873+83%
Equity57332,25142,636125,97454,138−57%
Liabilities52314,4044,0088,837195,016+2,106.8%
Cash and cash equivalents41744,42615,53143,535128,580+195.4%
Average number of employees06111521+40%

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 0DKK 50mDKK 100mDKK 150mDKK 200m20212022202320242025
Gross profitMedian, the industry (77 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Equity fell sharply

    Equity fell 57% from 2024 to 2025 (DKK 126m to DKK 54.1m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • 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

5 financial years
Annual reports for Twig Energy ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202412/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202216/05/2023The companyPDFXBRL
202103/05/2021 – 31/12/202127/06/2022The 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

77 companies in the database

Comparison with the other companies in other trade in electricity based on the latest financial year.

Gross profitDKK 222.4mNo. 4 of 74
Better than 96% of the companies in the industry
EquityDKK 54.1mNo. 24 of 77
Better than 70% of the companies in the industry
Number of employees30No. 19 of 77
Better than 76% of the companies in the industry

Industry median: gross profit DKK 6.2m, net profit DKK 1.2m, equity DKK 12.8m, 6 employees.

DKK 100kDKK 984kDKK 9.7mDKK 95.3mDKK 437.7mHere
Distribution of gross profit for 56 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. 53of 9,892
Better than 99%
No. 646of 9,922
Better than 93%
Same industry and 20–49 employees14 companies in the comparison
No. 1of 14
Better than 100%
No. 7of 14
Better than 54%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 144of 33,588
Better than 100%
No. 1,121of 33,687
Better than 97%
All companies of type ApS66,508 companies in the comparison
No. 116of 66,379
Better than 100%
No. 1,946of 66,505
Better than 97%

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

Other trade in electricity
Gross profit
  1. Twig Energy ApSDKK 222.4m
  2. Centrica Energy Trading A/SDKK 937.8m
  3. Norlys Energi A/SDKK 292.3m
Net profit
  1. Twig Energy ApSDKK 155.2m
  2. Centrica Energy Trading A/SDKK 25.1m
  3. Norlys Energi A/S−DKK 152.2m
Equity
  1. Twig Energy ApSDKK 54.1m
  2. Centrica Energy Trading A/SDKK 2.8bn
  3. Norlys Energi A/SDKK 524.9m
Employees
  1. Twig Energy ApS30
  2. Centrica Energy Trading A/S398
  3. Norlys Energi A/S168

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
  • Trunk Holding ApS100%
Twig Energy ApS

Management

2 active registrations

Executive management

Executive management at Twig Energy ApS
NameRoleAppointed
Søren Kaae SønderbyDirector01/12/2024
Casper Kaae SønderbyCEO01/12/2024
Founders
Søren Kaae Sønderby
Former management (3)
Former management at Twig Energy ApS
NameRoleAppointedResigned
Søren Kaae SønderbyCEO03/05/202130/11/2024
Søren Kaae SønderbyChair of the board03/05/202101/06/2022
Casper Kaae SønderbyDirector26/10/202130/11/2024

Signing rule: Virksomheden tegnes af en direktør.

Address and production units

1 active production units

Overgaden Neden Vandet 17
1414 København K

København Municipality · Postcode 1414

Production units
Production unitAddressEmployeesP number
Twig Energy ApSOvergaden Neden Vandet 17, 2, 1414 København K321027148642

Purpose

Selskabets formål er at udøve handel med elektricitet samt udvikle software relateret hertil.

The purpose is quoted from the register in Danish.

Changes year by year

33 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Other trade in electricity (351590)
20245 changesmanagement 4 · accounts 1
  • Søren Kaae Sønderby appointed director
  • Casper Kaae Sønderby appointed ceo
  • Casper Kaae Sønderby stepped down as director
  • Søren Kaae Sønderby stepped down as ceo
  • Annual report for 2023 published
20232 changesaddress 1 · accounts 1
  • Moved to Overgaden Neden Vandet 17, 2, 1414 København K
  • Annual report for 2022 published
202211 changesownership 6 · address 2 · accounts 1 · management 1 · capital 1
  • Trunk Holding ApS registered as owner (100%)
  • RBP ApS is no longer registered as owner
  • HappySquid Aps is no longer registered as owner
  • CaKaSonde ApS is no longer registered as owner
  • Moved to Hauser Plads 30A, 1, 1127 København K
  • Annual report for 2021 published
  • Søren Kaae Sønderby stepped down as chair of the board
  • Share capital changed from 376,560 DKK to 409,304 DKK
  • RBP ApS registered as owner (5%)
  • Moved to Titangade 11, 2200 København N
  • DRAGONHEART CAPITAL ApS is no longer registered as owner
202112 changesmanagement 3 · ownership 7 · capital 1 · founded 1
  • Casper Kaae Sønderby appointed director
  • HappySquid Aps registered as owner (33.33%)
  • CaKaSonde ApS registered as owner (33.33%)
  • HappySquid Aps is no longer registered as owner
  • Share capital changed from 265,000 DKK to 376,560 DKK
  • HappySquid Aps registered as owner (90%)
  • DRAGONHEART CAPITAL ApS registered as owner (5%)
  • HappySquid Aps is no longer registered as owner
  • Registered as Twig Energy ApS
  • Søren Kaae Sønderby appointed ceo
  • Søren Kaae Sønderby appointed chair of the board
  • HappySquid Aps registered as owner (100%)

Related companies

Same industry in København

See all →

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.

View in CVRReport a correction