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Verdo Varme A/S

Public limited companyCVR 25482026Randers NVActive

Verdo Varme A/S is a public limited company, based in Randers NV, active in steam and air conditioning supply (district heating), founded in 2000. The company went from a profit in 2024 to a loss of DKK 5.2m in 2025. Measured by gross profit, it ranks no. 6 of 26 companies in the industry in the database. Operations are spread over 4 production units in 3 towns.

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Key figures · financial year 2025

RevenueDKK 284.5m+12.3% vs. 2024
Net profit−DKK 5.2m
EquityDKK 31m−12.2% vs. 2024
Employees36latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 21% (2024 → 2025), to DKK 46.9m.
  • Revenue rose 12% (2024 → 2025), to DKK 284.5m.
  • Net profit went from a profit of DKK 0 to a loss of DKK 5.2m (2024 → 2025).
  • Equity fell 12% (2024 → 2025), to DKK 31m.

Employees

  • 1 fewer employees than a year earlier: 36 (08/2026) against 37 (08/2025).

Management and owners, last 24 months

  • New in management: Jesper Møller Larsen (board member, 01/10/2025), Jesper Vinter Barslund (chair of the board, 01/10/2025) and Margrete Larsen (board member, 11/03/2026) (+2).
  • Stepped down: Kenneth Ruby Hovgaard Jeppesen (chair of the board, 30/09/2025), Margrete Larsen (deputy chair, 01/02/2026) and Jakob Flyvbjerg Christensen (board member, 31/03/2025) (+2).
  • New owners registered: Verdo Energi & Forsyning A/S (23/06/2025).
  • No longer registered as owner: Verdo Holding A/S (23/06/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Steam and air conditioning supply (district heating) (353000)

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 150m−DKK 100m−DKK 50mDKK 0DKK 50m202020212022202320242025
EquityNet profit
Financial figures for Verdo Varme A/S
202020212022202320242025Change
Revenue307,314239,273219,146308,055253,297284,544+12.3%
Gross profit82,67529,533−31,34632,02838,73046,930+21.2%
Operating profit (EBIT)−158,8467,750−58,557−422–8,131–
Profit before tax−169,6127,619−58,212000–
Net profit−167,90731,026−25,8445,2830−5,198–
Total assets603,812494,239493,735449,422548,044689,382+25.8%
Equity19,44852,12730,30335,45735,27230,972−12.2%
Liabilities567,440397,993358,265280,366338,770486,071+43.5%
Average number of employees17–27303335+6.1%

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 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (26 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Low equity ratio

    Equity makes up 4% 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 Verdo Varme A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202410/06/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202312/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202220/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202114/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202016/06/2021The 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
051015202530354009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

26 companies in the database

Comparison with the other companies in steam and air conditioning supply (district heating) based on the latest financial year.

Gross profitDKK 46.9mNo. 6 of 26
Better than 80% of the companies in the industry
EquityDKK 31mNo. 5 of 26
Better than 84% of the companies in the industry
Number of employees36No. 4 of 26
Better than 88% of the companies in the industry

Industry median: gross profit DKK 12.7m, net profit DKK 0, equity DKK 2.9m, 10 employees.

DKK 311kDKK 1.5mDKK 7.4mDKK 35.9mDKK 103.1mHere
Distribution of gross profit for 26 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. 498of 9,892
Better than 95%
No. 1,153of 9,922
Better than 88%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,526of 24,791
Better than 94%
No. 3,309of 24,909
Better than 87%
All companies of type A/S18,025 companies in the comparison
No. 3,079of 17,786
Better than 83%
No. 4,829of 18,024
Better than 73%

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

Steam and air conditioning supply (district heating)
Gross profit
  1. Verdo Varme A/SDKK 46.9m
  2. Kredsløb A/SDKK 174.6m
  3. Fjernvarme Horsens A/SDKK 137.9m
Net profit
  1. Verdo Varme A/S−DKK 5.2m
  2. Kredsløb A/SDKK 0
  3. Fjernvarme Horsens A/SDKK 2.5m
Equity
  1. Verdo Varme A/SDKK 31m
  2. Kredsløb A/SDKK 412k
  3. Fjernvarme Horsens A/SDKK 14.2m
Employees
  1. Verdo Varme A/S36
  2. Kredsløb A/S570
  3. Fjernvarme Horsens A/S57

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
  • Verdo Energi & Forsyning A/S100%
Verdo Varme A/S

Management

4 active registrations

Executive management

Executive management at Verdo Varme A/S
NameRoleAppointed
Jesper Møller LarsenDirector02/01/2023

Board of directors

Board of directors at Verdo Varme A/S
NameRoleAppointed
Jesper Møller LarsenBoard member01/10/2025
Jesper Vinter BarslundChair of the board01/10/2025
Margrete LarsenBoard member11/03/2026
Founders
Randers Byråd
Former management (49)
Former management at Verdo Varme A/S
NameRoleAppointedResigned
Palle HansenBoard member26/06/200014/01/2002
Karsten Skjødt-JakobsenBoard member26/06/200014/01/2002
Søren Christian ClemensenBoard member26/06/200014/01/2002
Egon SøjbergBoard member26/06/200014/01/2002
Villy EllermannBoard member26/06/200001/01/2006
Hans Hansen HøyrupDirector26/06/200031/01/2009
Tove Sanna LaursenDeputy chair26/06/200002/06/2010
Ellen Fredegod PetersenBoard member26/06/200014/01/2002
Helge Krogh RasmussenBoard member14/01/200201/01/2006
Peter Huuse SørensenChair of the board14/01/200202/06/2010
Søren Hindenburg SørensenBoard member14/01/200202/06/2010
Karen Mathilde Højlund JensenBoard member14/01/200201/08/2004
Sven Erik WeisBoard member14/01/200202/06/2010
Søren Einar Fischer JensenBoard member14/01/200201/01/2006
Johan Peter MogensenDeputy board member14/01/200201/01/2006
Erik Møller PedersenDeputy board member14/01/200201/01/2006
Steen NielsenDeputy board member14/01/200201/01/2006
Keld HüttelBoard member14/01/200202/06/2010
Ulrik Bo RasmussenBoard member01/08/200401/01/2006
Arne ErikslevDeputy board member01/01/200602/06/2010
Erik Busk JensenBoard member01/01/200602/06/2010
Preben JensenBoard member01/01/200602/06/2010
Jørgen GramDeputy board member01/01/200602/06/2010
Kaj Børresen PedersenBoard member01/01/200631/12/2009
Tom Bøttern HansenBoard member01/01/200602/06/2010
Leif OlufsonBoard member01/01/200602/06/2010
Karin Wåsek HansenBoard member01/01/200602/06/2010
Jens Ottesen JulsgaardDeputy board member01/01/200602/06/2010
Kurt Allan NielsenDeputy board member01/01/200631/10/2008
Susanne Pia KlitfodBoard member01/01/200602/06/2010
Niels RasmussenDeputy board member01/01/200602/06/2010
Annie SkipperDeputy board member01/01/200631/10/2008
Kim FrimerCEO01/02/200902/06/2010
Lone JørgensenBoard member01/01/201002/06/2010
Kim FrimerChair of the board02/06/201025/04/2019
Hans Christian WenzelsenBoard member02/06/201016/12/2019
Kenneth Ruby Hovgaard JeppesenDeputy chair02/06/201031/05/2022
Jesper Søegaard SahlDirector02/06/201001/09/2020
Morten BirchChair of the board30/04/201931/12/2019
Margrete LarsenBoard member16/12/201931/05/2022
Jakob Flyvbjerg ChristensenChair of the board01/01/202001/06/2022
Brian SeebergDirector01/09/202001/06/2022
Kenneth Ruby Hovgaard JeppesenChair of the board01/06/202230/09/2025
Jakob Flyvbjerg ChristensenDirector01/06/202202/01/2023
Morten BirchBoard member01/06/202202/01/2023
Margrete LarsenDeputy chair01/06/202201/02/2026
Jakob Flyvbjerg ChristensenBoard member02/01/202331/03/2025
Jesper Vinter BarslundBoard member01/04/202530/09/2025
Julie Møgelvang BjørnsholmBoard member01/02/202611/03/2026

Signing rule: Selskabet tegnes af formanden eller næstformanden for bestyrelsen i forening med en direktør eller af den samlede bestyrelse.

Address and production units

4 active production units

Agerskellet 7
8920 Randers NV

Randers Municipality · Postcode 8920

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
VERDO VARME A/SAgerskellet 7, 8920 Randers NV361007760007
Veksler StationSkolegade 13, 8960 Randers SØ01010654781
Veksler StationBredstrupsgade 7, 8900 Randers C01010654668
Veksler StationHolger Danskes Vej 32, 8960 Randers SØ01010654730

Purpose

Selskabets formål er at distribuere varme og anden dermed i forbindelse stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

118 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Margrete Larsen appointed board member
  • Julie Møgelvang Bjørnsholm stepped down as board member
  • Julie Møgelvang Bjørnsholm appointed board member
  • Margrete Larsen stepped down as deputy chair
202510 changesmanagement 6 · ownership 2 · accounts 1 · industry 1
  • Jesper Møller Larsen appointed board member
  • Jesper Vinter Barslund appointed chair of the board
  • Jesper Vinter Barslund stepped down as board member
  • Kenneth Ruby Hovgaard Jeppesen stepped down as chair of the board
  • Verdo Energi & Forsyning A/S registered as owner (100%)
  • Verdo Holding A/S is no longer registered as owner
  • Annual report for 2024 published
  • Jesper Vinter Barslund appointed board member
  • Jakob Flyvbjerg Christensen stepped down as board member
  • Industry changed to Steam and air conditioning supply (district heating) (353000)
20241 changeaccounts 1
  • Annual report for 2023 published
20235 changesaccounts 1 · management 4
  • Annual report for 2022 published
  • Jakob Flyvbjerg Christensen appointed board member
  • Jesper Møller Larsen appointed director
  • Morten Birch stepped down as board member
  • Jakob Flyvbjerg Christensen stepped down as director
20229 changesaccounts 1 · management 8
  • Annual report for 2021 published
  • Morten Birch appointed board member
  • Jakob Flyvbjerg Christensen appointed director
  • Kenneth Ruby Hovgaard Jeppesen appointed chair of the board
  • Margrete Larsen appointed deputy chair
  • Brian Seeberg stepped down as director
  • Jakob Flyvbjerg Christensen stepped down as chair of the board
  • Margrete Larsen stepped down as board member
  • Kenneth Ruby Hovgaard Jeppesen stepped down as deputy chair
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changescapital 1 · management 3
  • Share capital changed from 10,000,000 DKK to 11,000,000 DKK
  • Brian Seeberg appointed director
  • Jesper Søegaard Sahl stepped down as director
  • Jakob Flyvbjerg Christensen appointed chair of the board
20195 changesmanagement 5
  • Morten Birch stepped down as chair of the board
  • Margrete Larsen appointed board member
  • Hans Christian Wenzelsen stepped down as board member
  • Morten Birch appointed chair of the board
  • Kim Frimer stepped down as chair of the board
20182 changesaddress 2
  • Moved to Agerskellet 7, 8920 Randers NV
  • Moved to Agerskellet 7, 8920 Randers NV
201023 changesmanagement 22 · name 1
  • Jesper Søegaard Sahl appointed director
  • Hans Christian Wenzelsen appointed board member
  • Kim Frimer appointed chair of the board
  • Kenneth Ruby Hovgaard Jeppesen appointed deputy chair
  • Lone Jørgensen stepped down as board member
  • Kim Frimer stepped down as ceo
  • Karin Wåsek Hansen stepped down as board member
  • Arne Erikslev stepped down as deputy board member
  • Erik Busk Jensen stepped down as board member
  • Preben Jensen stepped down as board member
  • Jørgen Gram stepped down as deputy board member
  • Tom Bøttern Hansen stepped down as board member
  • Leif Olufson stepped down as board member
  • Jens Ottesen Julsgaard stepped down as deputy board member
  • Susanne Pia Klitfod stepped down as board member
  • Niels Rasmussen stepped down as deputy board member
  • Keld Hüttel stepped down as board member
  • Sven Erik Weis stepped down as board member
  • Søren Hindenburg Sørensen stepped down as board member
  • Peter Huuse Sørensen stepped down as chair of the board
  • Tove Sanna Laursen stepped down as deputy chair
  • Name changed from ENERGI RANDERS VARME A/S to VERDO VARME A/S
  • Lone Jørgensen appointed board member
20093 changesmanagement 3
  • Kaj Børresen Pedersen stepped down as board member
  • Kim Frimer appointed ceo
  • Hans Hansen Høyrup stepped down as director
20082 changesmanagement 2
  • Kurt Allan Nielsen stepped down as deputy board member
  • Annie Skipper stepped down as deputy board member
20071 changeaddress 1
  • Moved to Agerskellet 7, 8920 Randers NV
200620 changesmanagement 20
  • Karin Wåsek Hansen appointed board member
  • Arne Erikslev appointed deputy board member
  • Erik Busk Jensen appointed board member
  • Preben Jensen appointed board member
  • Jørgen Gram appointed deputy board member
  • Kaj Børresen Pedersen appointed board member
  • Tom Bøttern Hansen appointed board member
  • Leif Olufson appointed board member
  • Jens Ottesen Julsgaard appointed deputy board member
  • Kurt Allan Nielsen appointed deputy board member
  • Susanne Pia Klitfod appointed board member
  • Niels Rasmussen appointed deputy board member
  • Annie Skipper appointed deputy board member
  • Ulrik Bo Rasmussen stepped down as board member
  • Steen Nielsen stepped down as deputy board member
  • Erik Møller Pedersen stepped down as deputy board member
  • Johan Peter Mogensen stepped down as deputy board member
  • Søren Einar Fischer Jensen stepped down as board member
  • Helge Krogh Rasmussen stepped down as board member
  • Villy Ellermann stepped down as board member
20042 changesmanagement 2
  • Ulrik Bo Rasmussen appointed board member
  • Karen Mathilde Højlund Jensen stepped down as board member
200215 changesmanagement 15
  • Keld Hüttel appointed board member
  • Steen Nielsen appointed deputy board member
  • Erik Møller Pedersen appointed deputy board member
  • Johan Peter Mogensen appointed deputy board member
  • Søren Einar Fischer Jensen appointed board member
  • Sven Erik Weis appointed board member
  • Karen Mathilde Højlund Jensen appointed board member
  • Søren Hindenburg Sørensen appointed board member
  • Helge Krogh Rasmussen appointed board member
  • Peter Huuse Sørensen appointed chair of the board
  • Karsten Skjødt-Jakobsen stepped down as board member
  • Ellen Fredegod Petersen stepped down as board member
  • Egon Søjberg stepped down as board member
  • Søren Christian Clemensen stepped down as board member
  • Palle Hansen stepped down as board member
200010 changesfounded 1 · management 8 · ownership 1
  • Registered as ENERGI RANDERS VARME A/S
  • Karsten Skjødt-Jakobsen appointed board member
  • Ellen Fredegod Petersen appointed board member
  • Tove Sanna Laursen appointed deputy chair
  • Hans Hansen Høyrup appointed director
  • Villy Ellermann appointed board member
  • Egon Søjberg appointed board member
  • Søren Christian Clemensen appointed board member
  • Palle Hansen appointed board member
  • Verdo Holding A/S registered as owner (100%)

Related companies

Same industry in Randers

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Same people in management

Largest in the industry

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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 24/10/2026.

View in CVRReport a correction