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Vores Elnet A/S

Public limited companyCVR 25587987Odense SVActive

Vores Elnet A/S is a public limited company, based in Odense SV, active in distribution of electricity, founded in 2000. Net profit fell 15% from 2024 to 2025, ending at DKK 71.1m. Measured by gross profit, it ranks no. 4 of 18 companies in the industry in the database. With 180 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 495.8m+1.7% vs. 2024
Net profitDKK 71.1m−15% vs. 2024
EquityDKK 1.2bn+7.6% vs. 2024
Employees180latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 2% (2024 → 2025), to DKK 388.2m.
  • Revenue rose 2% (2024 → 2025), to DKK 495.8m.
  • Net profit fell 15% (2024 → 2025), to DKK 71.1m.
  • Equity rose 8% (2024 → 2025), to DKK 1.2bn.

Employees

  • 11 fewer employees than a year earlier: 180 (07/2026) against 191 (07/2025).

Management and owners, last 24 months

  • New in management: Kim Henning Hansen (board member, 17/11/2025), Klaus Hieronymus Stenger (director, 31/08/2026) and Klaus Hieronymus Stenger (board member, 31/08/2026).
  • Stepped down: Mikael Bjerregaard Sivertsen (board member, 31/08/2026), Mikael Bjerregaard Sivertsen (director, 31/08/2026) and Lone Elise Hjort Nielsen (board member, 30/09/2025) (+1).

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 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bn202020212022202320242025
EquityNet profit
Financial figures for Vores Elnet A/S
202020212022202320242025Change
Revenue378,221390,219558,579474,836487,592495,777+1.7%
Gross profit233,379217,057344,863330,505379,268388,195+2.4%
Operating profit (EBIT)––163,561147,636121,691110,382−9.3%
Profit before tax78,82158,636150,289137,684107,21091,093−15%
Net profit61,47445,761117,088107,44283,65371,075−15%
Total assets2,833,6832,862,9043,053,4793,545,7963,687,2773,931,199+6.6%
Equity699,685779,5121,009,4371,078,4321,147,7641,234,976+7.6%
Liabilities–––––2,682,455–
Cash and cash equivalents159,28195,81144,5840–––
Average number of employees52576268172186+8.1%

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 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300mDKK 350mDKK 400m202020212022202320242025
Gross profitMedian, the industry (18 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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

6 financial years
Annual reports for Vores Elnet A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202504/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202416/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202217/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202119/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202025/06/2021The 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
05010015020008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

18 companies in the database

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

Gross profitDKK 388.2mNo. 4 of 18
Better than 82% of the companies in the industry
EquityDKK 1.2bnNo. 7 of 18
Better than 65% of the companies in the industry
Number of employees180No. 3 of 18
Better than 88% of the companies in the industry

Industry median: gross profit DKK 127.7m, net profit DKK 25m, equity DKK 1bn, 33 employees.

DKK 2.5mDKK 13.1mDKK 67.6mDKK 349.1mDKK 1bnHere
Distribution of gross profit for 16 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. 55of 4,412
Better than 99%
No. 75of 4,466
Better than 98%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 142of 24,791
Better than 99%
No. 178of 24,909
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 382of 17,786
Better than 98%
No. 348of 18,024
Better than 98%

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

Distribution of electricity
Gross profit
  1. Vores Elnet A/SDKK 388.2m
  2. N1 A/SDKK 1.8bn
  3. Radius Elnet A/SDKK 1.6bn
Net profit
  1. Vores Elnet A/SDKK 71.1m
  2. N1 A/SDKK 387.2m
  3. Radius Elnet A/SDKK 512.1m
Equity
  1. Vores Elnet A/SDKK 1.2bn
  2. N1 A/SDKK 6.2bn
  3. Radius Elnet A/SDKK 3.9bn
Employees
  1. Vores Elnet A/S180
  2. N1 A/S837
  3. Radius Elnet A/S39

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
Vores Elnet A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Vores Elnet A/S
NameRoleAppointed
Klaus Hieronymus StengerDirector31/08/2026

Board of directors

Board of directors at Vores Elnet A/S
NameRoleAppointed
Thomas Brandt JørgensenBoard member01/01/2022
Helle MadsenBoard member01/01/2022
Dorthe Søndergaard KaysenChair of the board01/01/2022
Kim Henning HansenBoard member17/11/2025
Founders
Energi Fyn a.m.b.a
Former management (39)
Former management at Vores Elnet A/S
NameRoleAppointedResigned
Kjeld Ove AndersenDirector23/08/200001/01/2001
Ove NielsenBoard member23/08/200025/08/2005
Poul NielsenBoard member23/08/200026/03/2003
Arne Anton ClausenCEO01/01/200112/05/2004
Bjarne SchackBoard member26/03/200312/05/2004
Jørgen Christian OvergaardBoard member26/03/200312/05/2004
Peder Offer MadsenBoard member12/05/200425/08/2005
Svend Erik Overgaard NielsenBoard member12/05/200425/08/2005
Leif HenriksenBoard member12/05/200425/08/2005
Arne Anton ClausenChair of the board12/05/200427/10/2008
Niels Erik KnudsenDirector12/05/200401/01/2006
Sven Erik BohnsenBoard member12/05/200425/08/2005
Niels Erik KnudsenBoard member25/08/200515/12/2005
Jens GuttormBoard member25/08/200518/06/2008
Ole Toft FrederiksenBoard member15/12/200502/06/2014
Christian Janner OlesenBoard member01/09/200701/01/2009
Christian Janner OlesenCEO01/09/200701/01/2009
Lone Elise Hjort NielsenBoard member18/06/200802/06/2016
Bent AgerholmChair of the board27/10/200802/06/2016
Ole Toft FrederiksenDirector01/01/200902/06/2014
Knud VestergaardBoard member01/01/200917/04/2012
Klaus WintherBoard member02/06/201401/08/2017
Klaus WintherDirector02/06/201401/08/2017
Dorthe HinrichsenChair of the board02/06/201603/07/2017
Helle MadsenBoard member02/06/201602/07/2017
Bjarne Kjeldgaard MadsenBoard member07/11/201625/04/2019
Martin Wildt DavidsenBoard member07/11/201625/04/2019
Helle MadsenChair of the board03/07/201731/12/2021
Bent AgerholmBoard member01/08/201702/10/2017
Bent AgerholmDirector01/08/201702/10/2017
Poul Erik JessenBoard member02/10/201722/03/2018
Poul Erik JessenDirector02/10/201722/03/2018
Lone Elise Hjort NielsenBoard member22/03/201801/05/2020
Lone Elise Hjort NielsenDirector22/03/201806/08/2018
Mikael Bjerregaard SivertsenBoard member06/08/201831/08/2026
Mikael Bjerregaard SivertsenDirector06/08/201831/08/2026
Dorthe Søndergaard KaysenBoard member01/05/202031/12/2021
Lone Elise Hjort NielsenBoard member01/01/202230/09/2025
Klaus Hieronymus StengerBoard member31/08/202601/09/2026

Signing rule: Selskabet tegnes af en direktør i forening med formanden eller af en af disse i forening med to bestyrelsesmedlemmer.

Address and production units

1 active production units

Sanderumvej 16
5250 Odense SV

Odense Municipality · Postcode 5250

Other companies at the address (8)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
VORES ELNET A/SSanderumvej 16, Sanderum, 5250 Odense SV1741007962963

Purpose

Selskabets formål er at drive netvirksomhed (og transmissionvirksomhed)i henhold til bevilling efter elforsyningsloven. Selskabet kan herudover drive anden med elforsyningsvirksomhed beslægtet virksomhed, såfremt virksomheden udøves i et selvstændigt selskab med begrænset ansvar.

The purpose is quoted from the register in Danish.

Changes year by year

110 registered events
20266 changesmanagement 5 · accounts 1
  • Klaus Hieronymus Stenger stepped down as board member
  • Klaus Hieronymus Stenger appointed director
  • Klaus Hieronymus Stenger appointed board member
  • Mikael Bjerregaard Sivertsen stepped down as board member
  • Mikael Bjerregaard Sivertsen stepped down as director
  • Annual report for 2025 published
20253 changesmanagement 2 · accounts 1
  • Kim Henning Hansen appointed board member
  • Lone Elise Hjort Nielsen stepped down as board member
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20226 changesaccounts 1 · address 1 · management 4
  • Annual report for 2021 published
  • Moved to Sanderumvej 16, Sanderum, 5250 Odense SV
  • Thomas Brandt Jørgensen appointed board member
  • Lone Elise Hjort Nielsen appointed board member
  • Dorthe Søndergaard Kaysen appointed chair of the board
  • Helle Madsen appointed board member
20213 changesmanagement 2 · accounts 1
  • Dorthe Søndergaard Kaysen stepped down as board member
  • Helle Madsen stepped down as chair of the board
  • Annual report for 2020 published
20202 changesmanagement 2
  • Dorthe Søndergaard Kaysen appointed board member
  • Lone Elise Hjort Nielsen stepped down as board member
20192 changesmanagement 2
  • Martin Wildt Davidsen stepped down as board member
  • Bjarne Kjeldgaard Madsen stepped down as board member
201813 changesaddress 2 · management 7 · name 3 · merger 1
  • Moved to Sanderumvej 16, Sanderum, 5250 Odense SV
  • Moved to Sanderumvej 16, Sanderum, 5250 Odense SV
  • Mikael Bjerregaard Sivertsen appointed board member
  • Mikael Bjerregaard Sivertsen appointed director
  • Lone Elise Hjort Nielsen stepped down as director
  • Name changed from ENERGI FYN NET A/S to VORES ELNET A/S
  • Name changed from ENERGI FYN NET ApS to ENERGI FYN NET A/S
  • Lone Elise Hjort Nielsen appointed board member
  • Lone Elise Hjort Nielsen appointed director
  • Poul Erik Jessen stepped down as director
  • Poul Erik Jessen stepped down as board member
  • Merger registered in CVR
  • Name changed from ENERGI FYN NET A/S to ENERGI FYN NET ApS
201711 changesmanagement 11
  • Poul Erik Jessen appointed director
  • Poul Erik Jessen appointed board member
  • Bent Agerholm stepped down as board member
  • Bent Agerholm stepped down as director
  • Bent Agerholm appointed board member
  • Bent Agerholm appointed director
  • Klaus Winther stepped down as director
  • Klaus Winther stepped down as board member
  • Helle Madsen appointed chair of the board
  • Dorthe Hinrichsen stepped down as chair of the board
  • Helle Madsen stepped down as board member
20168 changesmanagement 6 · capital 1 · merger 1
  • Martin Wildt Davidsen appointed board member
  • Bjarne Kjeldgaard Madsen appointed board member
  • Share capital changed from 58,000,000 DKK to 65,330,460 DKK
  • Merger registered in CVR
  • Helle Madsen appointed board member
  • Dorthe Hinrichsen appointed chair of the board
  • Bent Agerholm stepped down as chair of the board
  • Lone Elise Hjort Nielsen stepped down as board member
20146 changescapital 1 · merger 1 · management 4
  • Share capital changed from 52,560,000 DKK to 58,000,000 DKK
  • Merger registered in CVR
  • Klaus Winther appointed director
  • Klaus Winther appointed board member
  • Ole Toft Frederiksen stepped down as director
  • Ole Toft Frederiksen stepped down as board member
20131 changemerger 1
  • Merger registered in CVR
20121 changemanagement 1
  • Knud Vestergaard stepped down as board member
20111 changecapital 1
  • Share capital changed from 1,400,000 DKK to 52,560,000 DKK
20094 changesmanagement 4
  • Ole Toft Frederiksen appointed director
  • Knud Vestergaard appointed board member
  • Christian Janner Olesen stepped down as ceo
  • Christian Janner Olesen stepped down as board member
20085 changesmanagement 4 · industry 1
  • Bent Agerholm appointed chair of the board
  • Arne Anton Clausen stepped down as chair of the board
  • Lone Elise Hjort Nielsen appointed board member
  • Jens Guttorm stepped down as board member
  • Industry changed to Transmission of electricity (351300)
20072 changesmanagement 2
  • Christian Janner Olesen appointed ceo
  • Christian Janner Olesen appointed board member
20061 changemanagement 1
  • Niels Erik Knudsen stepped down as director
20059 changesmanagement 9
  • Ole Toft Frederiksen appointed board member
  • Niels Erik Knudsen stepped down as board member
  • Jens Guttorm appointed board member
  • Niels Erik Knudsen appointed board member
  • Svend Erik Overgaard Nielsen stepped down as board member
  • Sven Erik Bohnsen stepped down as board member
  • Leif Henriksen stepped down as board member
  • Peder Offer Madsen stepped down as board member
  • Ove Nielsen stepped down as board member
200410 changesmanagement 9 · ownership 1
  • Svend Erik Overgaard Nielsen appointed board member
  • Sven Erik Bohnsen appointed board member
  • Niels Erik Knudsen appointed director
  • Arne Anton Clausen appointed chair of the board
  • Leif Henriksen appointed board member
  • Peder Offer Madsen appointed board member
  • Bjarne Schack stepped down as board member
  • Jørgen Christian Overgaard stepped down as board member
  • Arne Anton Clausen stepped down as ceo
  • ENERGI FYN HOLDING A/S registered as owner (100%)
20035 changescapital 1 · management 3 · industry 1
  • Share capital changed from 1,300,000 DKK to 1,400,000 DKK
  • Bjarne Schack appointed board member
  • Jørgen Christian Overgaard appointed board member
  • Poul Nielsen stepped down as board member
  • Industry changed to Distribution af og handel med elektricitet (401300)
20021 changecapital 1
  • Share capital changed from 1,200,000 DKK to 1,300,000 DKK
20013 changescapital 1 · management 2
  • Share capital changed from 1,100,000 DKK to 1,200,000 DKK
  • Arne Anton Clausen appointed ceo
  • Kjeld Ove Andersen stepped down as director
20005 changescapital 1 · founded 1 · management 3
  • Share capital changed from 1,000,000 DKK to 1,100,000 DKK
  • Registered as ENERGI FYN NET A/S
  • Ove Nielsen appointed board member
  • Poul Nielsen appointed board member
  • Kjeld Ove Andersen appointed director

Related companies

Same people in management

Largest in the industry

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 23/10/2026.

View in CVRReport a correction