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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 450,127 | 1,968,799 | 4,933,169 | 2,570,692 | 2,333,285 | 2,641,385 | +13.2% |
| Gross profit | – | 16,047 | 15,393 | 138,655 | 111,266 | −100,640 | −190.4% |
| Operating profit (EBIT) | 7,301 | −17,704 | −31,819 | 85,590 | 48,719 | −168,715 | −446.3% |
| Profit before tax | 7,164 | −15,033 | −29,494 | 92,338 | 66,918 | −153,478 | −329.4% |
| Net profit | 10,487 | −11,726 | −23,303 | 71,061 | 54,969 | −122,967 | −323.7% |
| Total assets | 328,571 | 1,140,832 | 1,482,495 | 829,783 | 1,249,651 | 1,350,784 | +8.1% |
| Equity | 86,296 | 74,569 | 155,502 | 226,563 | 281,532 | 98,565 | −65% |
| Liabilities | 242,275 | 1,066,263 | 1,326,993 | 603,220 | 968,119 | 1,252,219 | +29.3% |
| Cash and cash equivalents | 25 | 86,253 | 25 | 26 | 26 | 27 | +3.8% |
| Average number of employees | 27 | 34 | 47 | 52 | 61 | 60 | −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
Signals from the financial statements
calculated from the 2025 figuresEquity 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 07/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 02/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 01/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 26/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 23/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 21/06/2021 | 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 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- Vattenfall A/S−DKK 100.6m
- Centrica Energy Trading A/SDKK 937.8m
- Norlys Energi A/SDKK 292.3m
- Vattenfall A/S−DKK 123m
- Centrica Energy Trading A/SDKK 25.1m
- Norlys Energi A/S−DKK 152.2m
- Vattenfall A/SDKK 98.6m
- Centrica Energy Trading A/SDKK 2.8bn
- Norlys Energi A/SDKK 524.9m
- Vattenfall A/S61
- 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- Vattenfall AB100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Anne Mette Traberg | Director | 06/01/2022 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kerstin Yvonne Teresia Karlsson Landgren | Chair of the board | 16/04/2019 |
| Hans Werner Woltmann | Board member | 31/05/2021 |
| Anne Mette Traberg | Board member | 06/01/2022 |
- Founders
- Nexel A/S
Former management (35)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Per Ebert | Director | 19/10/1998 | 01/07/2010 |
| Hans Heidemann Simonsen | Deputy board member | 19/10/1998 | 31/01/2000 |
| Jan Crister Johansson | Chair of the board | 19/10/1998 | 02/03/2000 |
| Vilhelm Mørup-Petersen | Board member | 19/10/1998 | 31/01/2000 |
| Sune Lundin | Board member | 19/10/1998 | 02/03/2000 |
| Poul Lind | Board member | 12/02/1999 | 31/01/2000 |
| Jørgen Klamer | Deputy board member | 12/02/1999 | 31/01/2000 |
| Per Ebert | Board member | 31/01/2000 | 01/07/2006 |
| Klas-Georg Liljegren | Board member | 31/01/2000 | 16/05/2006 |
| Indra Åsander | Chair of the board | 31/01/2000 | 13/03/2000 |
| Jan Gunnar Ingemar Thurresson | Board member | 02/03/2000 | 16/05/2006 |
| Thomas Klas Mattsson | Chair of the board | 13/03/2000 | 04/05/2001 |
| Jan-Åke Karlsson | Chair of the board | 04/05/2001 | 18/05/2004 |
| Claes Göran Hindemark | Board member | 16/05/2006 | 20/05/2009 |
| Ulf Evertson Spolander | Board member | 16/05/2006 | 12/05/2010 |
| Hans-Jürgen Kai von Uthmann | Chair of the board | 16/05/2006 | 16/02/2010 |
| Anna Maria Bodotter Borg | Board member | 20/05/2009 | 12/05/2010 |
| Per Torbjörn Wahlborg | Chair of the board | 16/02/2010 | 12/05/2010 |
| Erland Christensen | Board member | 12/05/2010 | 31/03/2011 |
| Lars Peter Joelsson | Board member | 12/05/2010 | 01/12/2022 |
| Ingrid Ulrika Mirsch | Chair of the board | 12/05/2010 | 01/07/2014 |
| Bjarne Korshøj | CEO | 01/07/2010 | 01/03/2012 |
| Jørgen Nielsen | Board member | 31/03/2011 | 31/05/2018 |
| Jørgen Nielsen | CEO | 01/03/2012 | 01/06/2018 |
| Martijn F. Hagens | Chair of the board | 01/07/2014 | 12/03/2015 |
| Tuomo Juhani Hatakka | Chair of the board | 12/03/2015 | 07/09/2016 |
| Ole Bigum Nielsen | Chair of the board | 07/09/2016 | 02/05/2017 |
| Michael Thorndahl Simmelsgaard | Chair of the board | 02/05/2017 | 30/05/2018 |
| Michael Thorndahl Simmelsgaard | Board member | 31/05/2018 | 21/11/2019 |
| Karl Arne Larsson | Chair of the board | 31/05/2018 | 16/04/2019 |
| Michael Thorndahl Simmelsgaard | Director | 01/06/2018 | 21/11/2019 |
| Jacob Nørgaard Andersen | Board member | 21/11/2019 | 31/05/2021 |
| Jacob Nørgaard Andersen | Director | 21/11/2019 | 31/05/2021 |
| Hans Werner Woltmann | Director | 31/05/2021 | 06/01/2022 |
| Lars Lønstrup Nicolaisen | Board member | 16/08/2021 | 06/01/2022 |
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 unitsJupitervej 6
6000 Kolding
Kolding Municipality · Postcode 6000
Other companies at the address (2)
- Vattenfall Vindkraft A/SProduction of electricity from renewable sources
- LM Wind Power A/SResearch and experimental development on natural sciences and engineering
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Vattenfall A/S | Jupitervej 6, 6000 Kolding | 47 | 1020230270 |
| Vattenfall A/S, København | Ørestads Boulevard 114, 18, 2300 København S | 11 | 1004842635 |
| Vattenfall A/S Esbjerg | Exnersgade 2, 6700 Esbjerg | 1 | 1017460125 |
| Vattenfall A/S, Vodskov | Nefovej 50, 9310 Vodskov | 1 | 1026569369 |
| Vattenfall A/S Merkurvej | Merkurvej 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 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)
20242 changesaccounts 1 · industry 1
- AccountsAnnual report for 2023 published
- IndustryIndustry changed to Production of electricity from non-renewable sources (351100)
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20227 changesmanagement 5 · merger 1 · accounts 1
- ManagementLars Peter Joelsson stepped down as board member
- MergerMerger registered in CVR
- AccountsAnnual report for 2021 published
- ManagementAnne Mette Traberg appointed director
- ManagementAnne Mette Traberg appointed board member
- ManagementLars Lønstrup Nicolaisen stepped down as board member
- ManagementHans Werner Woltmann stepped down as director
20216 changesmanagement 5 · accounts 1
- ManagementLars Lønstrup Nicolaisen appointed board member
- AccountsAnnual report for 2020 published
- ManagementHans Werner Woltmann appointed board member
- ManagementHans Werner Woltmann appointed director
- ManagementJacob Nørgaard Andersen stepped down as board member
- ManagementJacob Nørgaard Andersen stepped down as director
20196 changesmanagement 6
- ManagementJacob Nørgaard Andersen appointed board member
- ManagementJacob Nørgaard Andersen appointed director
- ManagementMichael Thorndahl Simmelsgaard stepped down as director
- ManagementMichael Thorndahl Simmelsgaard stepped down as board member
- ManagementKerstin Yvonne Teresia Karlsson Landgren appointed chair of the board
- ManagementKarl Arne Larsson stepped down as chair of the board
20186 changesmanagement 6
- ManagementMichael Thorndahl Simmelsgaard appointed director
- ManagementJørgen Nielsen stepped down as ceo
- ManagementMichael Thorndahl Simmelsgaard appointed board member
- ManagementKarl Arne Larsson appointed chair of the board
- ManagementJørgen Nielsen stepped down as board member
- ManagementMichael Thorndahl Simmelsgaard stepped down as chair of the board
20173 changesindustry 1 · management 2
- IndustryIndustry changed to Distribution of electricity (351400)
- ManagementMichael Thorndahl Simmelsgaard appointed chair of the board
- ManagementOle Bigum Nielsen stepped down as chair of the board
20163 changescapital 1 · management 2
- CapitalShare capital changed from 1,004,000,000 DKK to 10,000,000 DKK
- ManagementOle Bigum Nielsen appointed chair of the board
- ManagementTuomo Juhani Hatakka stepped down as chair of the board
20153 changesaddress 1 · management 2
- AddressMoved to Jupitervej 6, 6000 Kolding
- ManagementTuomo Juhani Hatakka appointed chair of the board
- ManagementMartijn F. Hagens stepped down as chair of the board
20142 changesmanagement 2
- ManagementMartijn F. Hagens appointed chair of the board
- ManagementIngrid Ulrika Mirsch stepped down as chair of the board
20122 changesmanagement 2
- ManagementJørgen Nielsen appointed ceo
- ManagementBjarne Korshøj stepped down as ceo
20112 changesmanagement 2
- ManagementJørgen Nielsen appointed board member
- ManagementErland Christensen stepped down as board member
201010 changesmanagement 10
- ManagementBjarne Korshøj appointed ceo
- ManagementPer Ebert stepped down as director
- ManagementLars Peter Joelsson appointed board member
- ManagementErland Christensen appointed board member
- ManagementIngrid Ulrika Mirsch appointed chair of the board
- ManagementPer Torbjörn Wahlborg stepped down as chair of the board
- ManagementAnna Maria Bodotter Borg stepped down as board member
- ManagementUlf Evertson Spolander stepped down as board member
- ManagementPer Torbjörn Wahlborg appointed chair of the board
- ManagementHans-Jürgen Kai von Uthmann stepped down as chair of the board
20092 changesmanagement 2
- ManagementAnna Maria Bodotter Borg appointed board member
- ManagementClaes Göran Hindemark stepped down as board member
20073 changesaddress 2 · capital 1
- AddressMoved to Støberigade 14, 2450 København SV
- CapitalShare capital changed from 4,000,000 DKK to 1,004,000,000 DKK
- AddressMoved to Nefovej 50, Stae, 9310 Vodskov
200610 changesaddress 2 · industry 1 · name 1 · management 6
- AddressMoved to Støberigade 14, 2450 København SV
- IndustryIndustry changed to Produktion af elektricitet (401100)
- AddressMoved to Støberigade 12, 2450 København SV
- NameName changed from VATTENFALL DANMARK A/S to VATTENFALL A/S
- ManagementPer Ebert stepped down as board member
- ManagementHans-Jürgen Kai von Uthmann appointed chair of the board
- ManagementUlf Evertson Spolander appointed board member
- ManagementClaes Göran Hindemark appointed board member
- ManagementJan Gunnar Ingemar Thurresson stepped down as board member
- ManagementKlas-Georg Liljegren stepped down as board member
20042 changesmanagement 1 · capital 1
- ManagementJan-Åke Karlsson stepped down as chair of the board
- CapitalShare capital changed from 8,200,000 DKK to 4,000,000 DKK
20031 changeindustry 1
- IndustryIndustry changed to Distribution af og handel med elektricitet (401300)
20021 changename 1
- NameName changed from STROM A/S to VATTENFALL DANMARK A/S
20013 changescapital 1 · management 2
- CapitalShare capital changed from 8,100,000 DKK to 8,200,000 DKK
- ManagementJan-Åke Karlsson appointed chair of the board
- ManagementThomas Klas Mattsson stepped down as chair of the board
200014 changescapital 1 · management 12 · ownership 1
- CapitalShare capital changed from 8,000,000 DKK to 8,100,000 DKK
- ManagementThomas Klas Mattsson appointed chair of the board
- ManagementIndra Åsander stepped down as chair of the board
- ManagementJan Gunnar Ingemar Thurresson appointed board member
- ManagementSune Lundin stepped down as board member
- ManagementJan Crister Johansson stepped down as chair of the board
- ManagementKlas-Georg Liljegren appointed board member
- ManagementIndra Åsander appointed chair of the board
- ManagementPer Ebert appointed board member
- ManagementJørgen Klamer stepped down as deputy board member
- ManagementPoul Lind stepped down as board member
- ManagementHans Heidemann Simonsen stepped down as deputy board member
- ManagementVilhelm Mørup-Petersen stepped down as board member
- OwnershipVattenfall AB registered as owner (100%)
19992 changesmanagement 2
- ManagementJørgen Klamer appointed deputy board member
- ManagementPoul Lind appointed board member
19986 changesfounded 1 · management 5
- FoundedRegistered as STROM A/S
- ManagementHans Heidemann Simonsen appointed deputy board member
- ManagementSune Lundin appointed board member
- ManagementVilhelm Mørup-Petersen appointed board member
- ManagementJan Crister Johansson appointed chair of the board
- ManagementPer Ebert appointed director
Related companies
Same people in management
- Rambøll Danmark A/Svia Michael Thorndahl Simmelsgaard
- MT Højgaard Danmark A/Svia Poul Lind
- Nexel A/Svia Hans Heidemann Simonsen
- Vattenfall Vindkraft A/Svia Anne Mette Traberg
- Fjernvarme Fyn Service A/Svia Bjarne Korshøj
- Centrica Energy Trading A/Svia Poul Lind
Largest in the industry
- Centrica Energy Trading A/SDKK 937.8m
- Norlys Energi A/SDKK 292.3m
- Andel Energi A/SDKK 252.9m
- Twig Energy ApSDKK 222.4m
- Danske Commodities A/SDKK 116m
- NRGI Elhandel A/SDKK 114.4m
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.