Vattenfall A/S

Public limited companyCVR 21311332KoldingActive

Vattenfall A/S is a public limited company, based in Kolding, active in other trade in electricity, founded in 1998. The company went from a profit in 2024 to a loss of DKK 123m in 2025. Operations are spread over 5 production units in 4 towns. With 61 employees, the company is about 10 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 2.6bn+13.2% vs. 2024
Net profit−DKK 123m−323.7% vs. 2024
EquityDKK 98.6m−65% vs. 2024
Employees61latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 190% (2024 → 2025), to −DKK 100.6m.
  • Revenue rose 13% (2024 → 2025), to DKK 2.6bn.
  • Net profit went from a profit of DKK 55m to a loss of DKK 123m (2024 → 2025).
  • Equity fell 65% (2024 → 2025), to DKK 98.6m.

Employees

  • 2 more employees than a year earlier: 61 (08/2026) against 59 (08/2025).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 200m−DKK 100mDKK 0DKK 100mDKK 200mDKK 300m202020212022202320242025
EquityNet profit
Financial figures for Vattenfall A/S
202020212022202320242025Change
Revenue450,1271,968,7994,933,1692,570,6922,333,2852,641,385+13.2%
Gross profit–16,04715,393138,655111,266−100,640−190.4%
Operating profit (EBIT)7,301−17,704−31,81985,59048,719−168,715−446.3%
Profit before tax7,164−15,033−29,49492,33866,918−153,478−329.4%
Net profit10,487−11,726−23,30371,06154,969−122,967−323.7%
Total assets328,5711,140,8321,482,495829,7831,249,6511,350,784+8.1%
Equity86,29674,569155,502226,563281,53298,565−65%
Liabilities242,2751,066,2631,326,993603,220968,1191,252,219+29.3%
Cash and cash equivalents2586,25325262627+3.8%
Average number of employees273447526160−1.6%

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 150m−DKK 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150m202020212022202320242025
Gross profitMedian, the industry (77 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Equity fell sharply

    Equity fell 65% from 2024 to 2025 (DKK 281.5m to DKK 98.6m).

    How is this calculated?

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

  • Low equity ratio

    Equity makes up 7% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

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
Annual reports for Vattenfall A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202226/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202123/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202021/06/2021The 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
01020304050607009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 profit−DKK 100.6mNo. 73 of 74
Better than 1% of the companies in the industry
EquityDKK 98.6mNo. 19 of 77
Better than 76% of the companies in the industry
Number of employees61No. 12 of 77
Better than 86% 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 437.7m
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 50–199 employees4,467 companies in the comparison
No. 4,409of 4,412
Better than 0%
No. 680of 4,466
Better than 85%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 24,787of 24,791
Better than 0%
No. 1,375of 24,909
Better than 94%
All companies of type A/S18,025 companies in the comparison
No. 17,773of 17,786
Better than 0%
No. 2,293of 18,024
Better than 87%

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. Vattenfall A/S−DKK 100.6m
  2. Centrica Energy Trading A/SDKK 937.8m
  3. Norlys Energi A/SDKK 292.3m
Net profit
  1. Vattenfall A/S−DKK 123m
  2. Centrica Energy Trading A/SDKK 25.1m
  3. Norlys Energi A/S−DKK 152.2m
Equity
  1. Vattenfall A/SDKK 98.6m
  2. Centrica Energy Trading A/SDKK 2.8bn
  3. Norlys Energi A/SDKK 524.9m
Employees
  1. Vattenfall A/S61
  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
  • Vattenfall AB100%
Vattenfall A/S

Management

4 active registrations

Executive management

Executive management at Vattenfall A/S
NameRoleAppointed
Anne Mette TrabergDirector06/01/2022

Board of directors

Board of directors at Vattenfall A/S
NameRoleAppointed
Kerstin Yvonne Teresia Karlsson LandgrenChair of the board16/04/2019
Hans Werner WoltmannBoard member31/05/2021
Anne Mette TrabergBoard member06/01/2022
Founders
Nexel A/S
Former management (35)
Former management at Vattenfall A/S
NameRoleAppointedResigned
Per EbertDirector19/10/199801/07/2010
Hans Heidemann SimonsenDeputy board member19/10/199831/01/2000
Jan Crister JohanssonChair of the board19/10/199802/03/2000
Vilhelm Mørup-PetersenBoard member19/10/199831/01/2000
Sune LundinBoard member19/10/199802/03/2000
Poul LindBoard member12/02/199931/01/2000
Jørgen KlamerDeputy board member12/02/199931/01/2000
Per EbertBoard member31/01/200001/07/2006
Klas-Georg LiljegrenBoard member31/01/200016/05/2006
Indra ÅsanderChair of the board31/01/200013/03/2000
Jan Gunnar Ingemar ThurressonBoard member02/03/200016/05/2006
Thomas Klas MattssonChair of the board13/03/200004/05/2001
Jan-Åke KarlssonChair of the board04/05/200118/05/2004
Claes Göran HindemarkBoard member16/05/200620/05/2009
Ulf Evertson SpolanderBoard member16/05/200612/05/2010
Hans-Jürgen Kai von UthmannChair of the board16/05/200616/02/2010
Anna Maria Bodotter BorgBoard member20/05/200912/05/2010
Per Torbjörn WahlborgChair of the board16/02/201012/05/2010
Erland ChristensenBoard member12/05/201031/03/2011
Lars Peter JoelssonBoard member12/05/201001/12/2022
Ingrid Ulrika MirschChair of the board12/05/201001/07/2014
Bjarne KorshøjCEO01/07/201001/03/2012
Jørgen NielsenBoard member31/03/201131/05/2018
Jørgen NielsenCEO01/03/201201/06/2018
Martijn F. HagensChair of the board01/07/201412/03/2015
Tuomo Juhani HatakkaChair of the board12/03/201507/09/2016
Ole Bigum NielsenChair of the board07/09/201602/05/2017
Michael Thorndahl SimmelsgaardChair of the board02/05/201730/05/2018
Michael Thorndahl SimmelsgaardBoard member31/05/201821/11/2019
Karl Arne LarssonChair of the board31/05/201816/04/2019
Michael Thorndahl SimmelsgaardDirector01/06/201821/11/2019
Jacob Nørgaard AndersenBoard member21/11/201931/05/2021
Jacob Nørgaard AndersenDirector21/11/201931/05/2021
Hans Werner WoltmannDirector31/05/202106/01/2022
Lars Lønstrup NicolaisenBoard member16/08/202106/01/2022

Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

5 active production units

Jupitervej 6
6000 Kolding

Kolding Municipality · Postcode 6000

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Vattenfall A/SJupitervej 6, 6000 Kolding471020230270
Vattenfall A/S, KøbenhavnØrestads Boulevard 114, 18, 2300 København S111004842635
Vattenfall A/S EsbjergExnersgade 2, 6700 Esbjerg11017460125
Vattenfall A/S, VodskovNefovej 50, 9310 Vodskov11026569369
Vattenfall A/S MerkurvejMerkurvej 5, 6000 Kolding–1027724759

Purpose

Selskabets formål er at producere, udbyde og sælge elektricitet og andre i forbindelse hermed stående produkter, herunder kraftvarme, at eje produktionsanlæg og at udvikle energiproduktion samt anden med disse aktiviteter beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

100 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)
20242 changesaccounts 1 · industry 1
  • Annual report for 2023 published
  • Industry changed to Production of electricity from non-renewable sources (351100)
20231 changeaccounts 1
  • Annual report for 2022 published
20227 changesmanagement 5 · merger 1 · accounts 1
  • Lars Peter Joelsson stepped down as board member
  • Merger registered in CVR
  • Annual report for 2021 published
  • Anne Mette Traberg appointed director
  • Anne Mette Traberg appointed board member
  • Lars Lønstrup Nicolaisen stepped down as board member
  • Hans Werner Woltmann stepped down as director
20216 changesmanagement 5 · accounts 1
  • Lars Lønstrup Nicolaisen appointed board member
  • Annual report for 2020 published
  • Hans Werner Woltmann appointed board member
  • Hans Werner Woltmann appointed director
  • Jacob Nørgaard Andersen stepped down as board member
  • Jacob Nørgaard Andersen stepped down as director
20196 changesmanagement 6
  • Jacob Nørgaard Andersen appointed board member
  • Jacob Nørgaard Andersen appointed director
  • Michael Thorndahl Simmelsgaard stepped down as director
  • Michael Thorndahl Simmelsgaard stepped down as board member
  • Kerstin Yvonne Teresia Karlsson Landgren appointed chair of the board
  • Karl Arne Larsson stepped down as chair of the board
20186 changesmanagement 6
  • Michael Thorndahl Simmelsgaard appointed director
  • Jørgen Nielsen stepped down as ceo
  • Michael Thorndahl Simmelsgaard appointed board member
  • Karl Arne Larsson appointed chair of the board
  • Jørgen Nielsen stepped down as board member
  • Michael Thorndahl Simmelsgaard stepped down as chair of the board
20173 changesindustry 1 · management 2
  • Industry changed to Distribution of electricity (351400)
  • Michael Thorndahl Simmelsgaard appointed chair of the board
  • Ole Bigum Nielsen stepped down as chair of the board
20163 changescapital 1 · management 2
  • Share capital changed from 1,004,000,000 DKK to 10,000,000 DKK
  • Ole Bigum Nielsen appointed chair of the board
  • Tuomo Juhani Hatakka stepped down as chair of the board
20153 changesaddress 1 · management 2
  • Moved to Jupitervej 6, 6000 Kolding
  • Tuomo Juhani Hatakka appointed chair of the board
  • Martijn F. Hagens stepped down as chair of the board
20142 changesmanagement 2
  • Martijn F. Hagens appointed chair of the board
  • Ingrid Ulrika Mirsch stepped down as chair of the board
20122 changesmanagement 2
  • Jørgen Nielsen appointed ceo
  • Bjarne Korshøj stepped down as ceo
20112 changesmanagement 2
  • Jørgen Nielsen appointed board member
  • Erland Christensen stepped down as board member
201010 changesmanagement 10
  • Bjarne Korshøj appointed ceo
  • Per Ebert stepped down as director
  • Lars Peter Joelsson appointed board member
  • Erland Christensen appointed board member
  • Ingrid Ulrika Mirsch appointed chair of the board
  • Per Torbjörn Wahlborg stepped down as chair of the board
  • Anna Maria Bodotter Borg stepped down as board member
  • Ulf Evertson Spolander stepped down as board member
  • Per Torbjörn Wahlborg appointed chair of the board
  • Hans-Jürgen Kai von Uthmann stepped down as chair of the board
20092 changesmanagement 2
  • Anna Maria Bodotter Borg appointed board member
  • Claes Göran Hindemark stepped down as board member
20073 changesaddress 2 · capital 1
  • Moved to Støberigade 14, 2450 København SV
  • Share capital changed from 4,000,000 DKK to 1,004,000,000 DKK
  • Moved to Nefovej 50, Stae, 9310 Vodskov
200610 changesaddress 2 · industry 1 · name 1 · management 6
  • Moved to Støberigade 14, 2450 København SV
  • Industry changed to Produktion af elektricitet (401100)
  • Moved to Støberigade 12, 2450 København SV
  • Name changed from VATTENFALL DANMARK A/S to VATTENFALL A/S
  • Per Ebert stepped down as board member
  • Hans-Jürgen Kai von Uthmann appointed chair of the board
  • Ulf Evertson Spolander appointed board member
  • Claes Göran Hindemark appointed board member
  • Jan Gunnar Ingemar Thurresson stepped down as board member
  • Klas-Georg Liljegren stepped down as board member
20042 changesmanagement 1 · capital 1
  • Jan-Åke Karlsson stepped down as chair of the board
  • Share capital changed from 8,200,000 DKK to 4,000,000 DKK
20031 changeindustry 1
  • Industry changed to Distribution af og handel med elektricitet (401300)
20021 changename 1
  • Name changed from STROM A/S to VATTENFALL DANMARK A/S
20013 changescapital 1 · management 2
  • Share capital changed from 8,100,000 DKK to 8,200,000 DKK
  • Jan-Åke Karlsson appointed chair of the board
  • Thomas Klas Mattsson stepped down as chair of the board
200014 changescapital 1 · management 12 · ownership 1
  • Share capital changed from 8,000,000 DKK to 8,100,000 DKK
  • Thomas Klas Mattsson appointed chair of the board
  • Indra Åsander stepped down as chair of the board
  • Jan Gunnar Ingemar Thurresson appointed board member
  • Sune Lundin stepped down as board member
  • Jan Crister Johansson stepped down as chair of the board
  • Klas-Georg Liljegren appointed board member
  • Indra Åsander appointed chair of the board
  • Per Ebert appointed board member
  • Jørgen Klamer stepped down as deputy board member
  • Poul Lind stepped down as board member
  • Hans Heidemann Simonsen stepped down as deputy board member
  • Vilhelm Mørup-Petersen stepped down as board member
  • Vattenfall AB registered as owner (100%)
19992 changesmanagement 2
  • Jørgen Klamer appointed deputy board member
  • Poul Lind appointed board member
19986 changesfounded 1 · management 5
  • Registered as STROM A/S
  • Hans Heidemann Simonsen appointed deputy board member
  • Sune Lundin appointed board member
  • Vilhelm Mørup-Petersen appointed board member
  • Jan Crister Johansson appointed chair of the board
  • Per Ebert appointed director

Related companies

Same industry in Kolding

See all →

Same people in management

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.

View in CVRReport a correction