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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 256 | 65,178 | 62,256 | 122,174 | 222,362 | +82% |
| Operating profit (EBIT) | – | 60,023 | 50,676 | 104,056 | 198,163 | +90.4% |
| Profit before tax | 252 | 60,073 | 50,906 | 106,935 | 198,994 | +86.1% |
| Net profit | 197 | 47,094 | 39,101 | 83,338 | 155,164 | +86.2% |
| Total assets | 1,103 | 46,655 | 48,119 | 136,524 | 249,873 | +83% |
| Equity | 573 | 32,251 | 42,636 | 125,974 | 54,138 | −57% |
| Liabilities | 523 | 14,404 | 4,008 | 8,837 | 195,016 | +2,106.8% |
| Cash and cash equivalents | 417 | 44,426 | 15,531 | 43,535 | 128,580 | +195.4% |
| Average number of employees | 0 | 6 | 11 | 15 | 21 | +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
Signals from the financial statements
calculated from the 2025 figuresEquity 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 26/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 12/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 16/05/2023 | The company | PDFXBRL |
| 2021 | 03/05/2021 – 31/12/2021 | 27/06/2022 | 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 other trade in electricity based on the latest financial year.
Industry median: gross profit DKK 6.2m, net profit DKK 1.2m, equity DKK 12.8m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- Twig Energy ApSDKK 222.4m
- Centrica Energy Trading A/SDKK 937.8m
- Norlys Energi A/SDKK 292.3m
- Twig Energy ApSDKK 155.2m
- Centrica Energy Trading A/SDKK 25.1m
- Norlys Energi A/S−DKK 152.2m
- Twig Energy ApSDKK 54.1m
- Centrica Energy Trading A/SDKK 2.8bn
- Norlys Energi A/SDKK 524.9m
- Twig Energy ApS30
- Centrica Energy Trading A/S398
- 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- Trunk Holding ApS100%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Søren Kaae Sønderby | Director | 01/12/2024 |
| Casper Kaae Sønderby | CEO | 01/12/2024 |
- Founders
- Søren Kaae Sønderby
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Søren Kaae Sønderby | CEO | 03/05/2021 | 30/11/2024 |
| Søren Kaae Sønderby | Chair of the board | 03/05/2021 | 01/06/2022 |
| Casper Kaae Sønderby | Director | 26/10/2021 | 30/11/2024 |
Signing rule: Virksomheden tegnes af en direktør.
Address and production units
1 active production unitsOvergaden Neden Vandet 17
1414 København K
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Twig Energy ApS | Overgaden Neden Vandet 17, 2, 1414 København K | 32 | 1027148642 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Other trade in electricity (351590)
20245 changesmanagement 4 · accounts 1
- ManagementSøren Kaae Sønderby appointed director
- ManagementCasper Kaae Sønderby appointed ceo
- ManagementCasper Kaae Sønderby stepped down as director
- ManagementSøren Kaae Sønderby stepped down as ceo
- AccountsAnnual report for 2023 published
20232 changesaddress 1 · accounts 1
- AddressMoved to Overgaden Neden Vandet 17, 2, 1414 København K
- AccountsAnnual report for 2022 published
202211 changesownership 6 · address 2 · accounts 1 · management 1 · capital 1
- OwnershipTrunk Holding ApS registered as owner (100%)
- OwnershipRBP ApS is no longer registered as owner
- OwnershipHappySquid Aps is no longer registered as owner
- OwnershipCaKaSonde ApS is no longer registered as owner
- AddressMoved to Hauser Plads 30A, 1, 1127 København K
- AccountsAnnual report for 2021 published
- ManagementSøren Kaae Sønderby stepped down as chair of the board
- CapitalShare capital changed from 376,560 DKK to 409,304 DKK
- OwnershipRBP ApS registered as owner (5%)
- AddressMoved to Titangade 11, 2200 København N
- OwnershipDRAGONHEART CAPITAL ApS is no longer registered as owner
202112 changesmanagement 3 · ownership 7 · capital 1 · founded 1
- ManagementCasper Kaae Sønderby appointed director
- OwnershipHappySquid Aps registered as owner (33.33%)
- OwnershipCaKaSonde ApS registered as owner (33.33%)
- OwnershipHappySquid Aps is no longer registered as owner
- CapitalShare capital changed from 265,000 DKK to 376,560 DKK
- OwnershipHappySquid Aps registered as owner (90%)
- OwnershipDRAGONHEART CAPITAL ApS registered as owner (5%)
- OwnershipHappySquid Aps is no longer registered as owner
- FoundedRegistered as Twig Energy ApS
- ManagementSøren Kaae Sønderby appointed ceo
- ManagementSøren Kaae Sønderby appointed chair of the board
- OwnershipHappySquid Aps registered as owner (100%)
Related companies
Same industry in København
- Modstrøm Danmark ApS99 employees
- Copenhagen Energy Trading A/S20 employees
- Quantum Power Trading ApS9 employees
- Keima ApS8 employees
- Enkel Energi ApS8 employees
- Quent ApS8 employees
Largest in the industry
- Centrica Energy Trading A/SDKK 937.8m
- Norlys Energi A/SDKK 292.3m
- Andel Energi A/SDKK 252.9m
- Danske Commodities A/SDKK 116m
- NRGI Elhandel A/SDKK 114.4m
- Nordic Energy House ApSDKK 104.2m
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.