Andel Energi A/S

CVR 24213528Public limited company (A/S)Anden handel med elektricitet (351590)SvinningeFounded 1 Oct 1999

Employees

350

CVR registry, Aug 2026

+10 (+2.9%) over 12 months

Revenue

5.6B

DKK, annual report 2025

-2.9% on 2024

Result

+66.5M

DKK, annual report 2025

Equity

2.9B

DKK, annual report 2025

Ownership

People

Network

Financials

Changes

Dandex has recorded no changes to this company since it began following the register.

Registration

Address: Hovedgaden 36
4520 Svinninge
Holbæk Municipality
CVR record last changed: 22 Oct 2026
Data read: 1 Nov 2026

Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

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Ownership

People

Financials

Andel Energi A/S

CVR 24213528Public limited company (A/S)Anden handel med elektricitet (351590)SvinningeFounded 1 Oct 1999

Employees

350

CVR registry, Aug 2026

+10 (+2.9%) over 12 months

Revenue

5.6B

DKK, annual report 2025

-2.9% on 2024

Result

+66.5M

DKK, annual report 2025

Equity

2.9B

DKK, annual report 2025

Who Is Behind It

Owner: Andel Holding A/SCVR 25784413, 100% of capital and votes, since 15 Dec 2014
Ultimate controller: Andel A.M.B.A.CVR 68515211, through Andel Holding A/S, a Dandex estimate
Director: Marlene Holmgaard Frissince 1 Jan 2024

Ownership

Andel Holding A/S
CVR 25784413100% of capital and votessince 15 Dec 2014

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Control Chain

Ultimate controller
Andel A.M.B.A.
CVR 68515211Andelsselskab (-forening) med begrænset ansvar
Holds 100% of capital and votes in Andel Holding A/S, since 26 Jun 2013
Capital100%
Votes100%
Holding company
Andel Holding A/S
CVR 25784413Public limited company (A/S)
Holds 100% of capital and votes in Andel Energi A/S, since 15 Dec 2014
Capital100%
Votes100%
This company
Andel Energi A/S
CVR 24213528

Each holds the one below it. Control follows votes: an owner with 50% or more controls. Each bar shows the registered band, solid to its lower bound and faint across the range CVR records, with a mark at 50%. Dandex estimate, computed 1 Nov 2026.

Owned Companies

1 Danish company, which own 1 more one level down.

Mind Energy A/S
CVR 1722589815% to under 20% of capital and votes
- Selskabet af 22.11.2024 ApS
  CVR 44941376100% of capital and votes

Found by searching the CVR owner register (ejerregister) for Andel Energi A/S as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Former holdings (2)

Enova Energy ApS
CVR 35858547100% of capital and votes31 Mar 2022 to 30 Jun 2025
Obviux A/S
CVR 37809365100% of capital and votes1 Nov 2021 to 27 Jun 2022

People

Current (6)

Marlene Holmgaard FrisExecutive board since 1 Jan 2024
Jesper HjulmandBoard of directors since 23 Jan 2013
Signe Trock HilstrømBoard of directors since 1 Sep 2021
Natasha Friis SaxbergBoard of directors since 21 Oct 2026
Rikke Harbo TrikkerBoard of directors since 23 Oct 2023
Klaus Rud SejlingBoard of directors since 21 Oct 2026

Founders (1)

KR 332 ApSFounded 1 Oct 1999

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Former (38)

Jørgen ByrielExecutive board 1 Oct 1999 to 30 Dec 1999
Erik Gade Kirk DahlExecutive board 21 Apr 2004 to 30 Dec 2004
Jesper LangeExecutive board 23 Jan 2013 to 29 Jan 2015, Board of directors 23 Jan 2013 to 21 Oct 2026
Ole Christian VestergaardExecutive board 29 Jan 2015 to 4 Jun 2023, Board of directors 23 Jan 2013 to 10 Nov 2020
Mikkel Heino SimonsenExecutive board 4 Jun 2023 to 1 Jan 2024
Skjold de la MotteBoard of directors 2 Jun 2008 to 31 Oct 2008
Hans Haar RavnBoard of directors 6 May 2005 to 16 May 2012
Kurt SkovlundBoard of directors 1 Oct 1999 to 30 Dec 1999
Helmer Mogens JensenBoard of directors 21 May 2002 to 6 May 2005
Henrik MøgelmoseBoard of directors 1 Oct 1999 to 30 Dec 1999
Winnie ElmgreenBoard of directors 3 Nov 2008 to 1 Aug 2013
Nina Elisabeth HansenBoard of directors 5 Jan 2000 to 21 May 2002
Per Leo Hurup FelbyBoard of directors 17 May 2006 to 15 May 2009
Jens StenbækBoard of directors 16 May 2012 to 23 Jan 2013
Vagn ThorupBoard of directors 1 Oct 1999 to 30 Dec 1999
Ole Lund-HermansenBoard of directors 25 Nov 2003 to 21 Apr 2004
Niels Henrik BalslevBoard of directors 1 Oct 1999 to 30 Dec 1999
Ole RasmussenBoard of directors 3 Jan 2005 to 17 May 2006
Thomas Ejner ChristfortBoard of directors 1 Aug 2013 to 31 Dec 2014
Finn NielsenBoard of directors 5 Jan 2000 to 24 Apr 2002
Niels Jacob TrueBoard of directors 21 May 2002 to 17 May 2006
Niels FogBoard of directors 5 Jan 2000 to 3 Jan 2005
Mogens Leif BaltzerBoard of directors 6 Oct 2004 to 30 Dec 2004
Lars Bo PetersenBoard of directors 12 May 2011 to 23 Jan 2013
Jeanette LøgstrupBoard of directors 1 Sep 2021 to 21 Oct 2026
Erling LarsenBoard of directors 5 Jan 2000 to 24 Apr 2002
Peter MadsenBoard of directors 5 Jan 2000 to 21 May 2002
Poul Arne NielsenBoard of directors 6 Oct 2004 to 23 Jan 2013
Charlotte Døssing PommerBoard of directors 29 Jun 2016 to 10 Nov 2020
Per AndersenBoard of directors 17 May 2006 to 31 Dec 2014
Flemming Bonne HansenBoard of directors 21 Apr 2004 to 24 Apr 2006
Arly JohannesenBoard of directors 15 May 2009 to 12 May 2011
Ole Hillebrandt JensenBoard of directors 29 Jan 2015 to 10 Nov 2020
Ole Grove-RasmussenBoard of directors 17 May 2006 to 23 Jan 2013
Bodil KnudsenBoard of directors 6 May 2005 to 2 Jun 2008
Erik RasmussenBoard of directors 24 Apr 2002 to 25 Nov 2003
Jens Visholm UglebjergBoard of directors 1 Sep 2021 to 21 Oct 2026
Lotte TangeBoard of directors 10 Nov 2020 to 23 Oct 2023

Network

Roles Over Time

Jesper Hjulmand: Board of directors, 23 Jan 2013 to today; Executive board, 30 Dec 2004 to 23 Jan 2013.
Signe Trock Hilstrøm: Board of directors, 1 Sep 2021 to today.
Rikke Harbo Trikker: Board of directors, 23 Oct 2023 to today.
Marlene Holmgaard Fris: Executive board, 1 Jan 2024 to today.
Natasha Friis Saxberg: Board of directors, 21 Oct 2026 to today.
Klaus Rud Sejling: Board of directors, 21 Oct 2026 to today.

30 Dec 2004 to 1 Nov 2026.

Former (38)

Jesper Lange: Executive board, 23 Jan 2013 to 29 Jan 2015; Board of directors, 23 Jan 2013 to 21 Oct 2026.
Jeanette Løgstrup: Board of directors, 1 Sep 2021 to 21 Oct 2026.
Jens Visholm Uglebjerg: Board of directors, 1 Sep 2021 to 21 Oct 2026.
Mikkel Heino Simonsen: Executive board, 4 Jun 2023 to 1 Jan 2024.
Lotte Tange: Board of directors, 10 Nov 2020 to 23 Oct 2023.
Ole Christian Vestergaard: Board of directors, 23 Jan 2013 to 10 Nov 2020; Executive board, 29 Jan 2015 to 4 Jun 2023.
Charlotte Døssing Pommer: Board of directors, 29 Jun 2016 to 10 Nov 2020.
Ole Hillebrandt Jensen: Board of directors, 29 Jan 2015 to 10 Nov 2020.
Thomas Ejner Christfort: Board of directors, 1 Aug 2013 to 31 Dec 2014.
Per Andersen: Board of directors, 17 May 2006 to 31 Dec 2014.
Winnie Elmgreen: Board of directors, 3 Nov 2008 to 1 Aug 2013.
Jens Stenbæk: Board of directors, 16 May 2012 to 23 Jan 2013.
Lars Bo Petersen: Board of directors, 12 May 2011 to 23 Jan 2013.
Poul Arne Nielsen: Board of directors, 6 Oct 2004 to 23 Jan 2013.
Ole Grove-Rasmussen: Board of directors, 17 May 2006 to 23 Jan 2013.
Hans Haar Ravn: Board of directors, 6 May 2005 to 16 May 2012.
Arly Johannesen: Board of directors, 15 May 2009 to 12 May 2011.
Per Leo Hurup Felby: Board of directors, 17 May 2006 to 15 May 2009.
Skjold de la Motte: Board of directors, 2 Jun 2008 to 31 Oct 2008.
Bodil Knudsen: Board of directors, 6 May 2005 to 2 Jun 2008.
Ole Rasmussen: Board of directors, 3 Jan 2005 to 17 May 2006.
Niels Jacob True: Board of directors, 21 May 2002 to 17 May 2006.
Flemming Bonne Hansen: Board of directors, 21 Apr 2004 to 24 Apr 2006.
Helmer Mogens Jensen: Board of directors, 21 May 2002 to 6 May 2005.
Niels Fog: Board of directors, 5 Jan 2000 to 3 Jan 2005.

5 Jan 2000 to 1 Nov 2026. Showing 25 of 38. The list above has every one.

Executive board (Direktion)Board of directors (Bestyrelse)Each bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Revenue	13,721,739	27,341,468	9,184,414	5,775,513	5,607,379
Gross profit	Not reported	-31,238	249,251	298,947	252,862
Operating profit	-99,319	-372,521	+45,577	+80,066	+5,802
Result for the year	-134,811	+1,259,761	+1,189	+97,240	+66,541
Equity	2,445,235	2,967,650	2,816,071	2,827,195	2,890,538
Total assets	8,554,986	8,771,001	4,166,313	3,779,625	3,475,999
Employees (average)	194	338	296	311	336
Credit metrics (Dandex calculations)
Revenue growth (omsætningsvækst)	195.2%	99.3%	-66.4%	-37.1%	-3.3%
EBIT margin (overskudsgrad)	-0.7%	-1.4%	0.5%	1.4%	0.1%
EBITDA	-68,354	-255,971	70,698	105,187	42,478
EBITDA margin	-0.5%	-0.9%	0.8%	1.8%	0.8%
Employee growth (vækst i antal ansatte)	n.m.^{note 1}	74.2%	-12.4%	5.1%	3.1%
Net interest-bearing debt (NIBD, nettorentebærende gæld)	-12,470^{note 2}	-194^{note 2}	-3,112^{note 2}	-181^{note 2}	-571^{note 2}
Gearing, NIBD / EBITDA	n.m.^{note 3}	n.m.^{note 3}	Net cash^{note 2}	Net cash^{note 2}	Net cash^{note 2}
ROIC (afkast af investeret kapital)	-4.1%^{note 4}	-11%^{note 5}	1.1%^{note 2}	2.4%^{note 2}	0.2%^{note 2}
Capex (investeringer i anlægsaktiver)	0^{note 6}	0^{note 6}	0^{note 6}	0^{note 6}	796^{note 6}
Capex % of sales (investeringer i procent af omsætningen)	0%^{note 6}	0%^{note 6}	0%^{note 6}	0%^{note 6}	0%^{note 6}
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	3,223,343^{note 2}	2,057,768^{note 2}	346,940^{note 2}	382,108^{note 2}	304,799^{note 2}

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. No cash flow statement: included in the group's (ÅRL § 86, stk. 4).

1 n.m.: the year before is not positive
2 no interest-bearing debt reported
3 n.m.: EBITDA not positive
4 Dandex estimate: statutory 22% used: profit before tax not positive; no interest-bearing debt reported
5 Dandex estimate: statutory 22% used: effective rate outside 0 to 40%; no interest-bearing debt reported
6 tangible assets only

Annual Reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 9 Jun 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 19 Jun 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 11 Jun 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 30 May 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 9 Jun 2022
PDF

Financials

Changes

Dandex has recorded no changes to this company since it began following the register.

Registration

Address: Hovedgaden 36
4520 Svinninge
Holbæk Municipality
CVR record last changed: 22 Oct 2026
Data read: 1 Nov 2026

Production Units

7 registered in CVR.

SEAS-NVE Strømmen A/S
P-number 1012258344Energivej 33, 4690 Haslev
Andel Energi A/S
P-number 1027597374Teknikerbyen 25, 2830 Virum
Andel Energi A/S
P-number 1031333985Jellingvej 16, 9230 Svenstrup J
Andel Energi A/S
P-number 1031696751Vandmanden 5, 9200 Aalborg SV
Andel Energi A/S
P-number 1006413727Hovedgaden 36, 4520 Svinninge

Show 2 more

Andel Energi A/S
P-number 1031270657Nørholmsvej 147, 9000 Aalborg
Andel Energi A/S
P-number 1031709152Gørtlervej 11, 5230 Odense M

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Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Revenue	13,721,739	27,341,468	9,184,414	5,775,513	5,607,379
Gross profit	Not reported	-31,238	249,251	298,947	252,862
Operating profit	-99,319	-372,521	+45,577	+80,066	+5,802
Result for the year	-134,811	+1,259,761	+1,189	+97,240	+66,541
Equity	2,445,235	2,967,650	2,816,071	2,827,195	2,890,538
Total assets	8,554,986	8,771,001	4,166,313	3,779,625	3,475,999
Employees (average)	194	338	296	311	336
Credit metrics (Dandex calculations)
Revenue growth (omsætningsvækst)	195.2%	99.3%	-66.4%	-37.1%	-3.3%
EBIT margin (overskudsgrad)	-0.7%	-1.4%	0.5%	1.4%	0.1%
EBITDA	-68,354	-255,971	70,698	105,187	42,478
EBITDA margin	-0.5%	-0.9%	0.8%	1.8%	0.8%
Employee growth (vækst i antal ansatte)	n.m.^{note 1}	74.2%	-12.4%	5.1%	3.1%
Net interest-bearing debt (NIBD, nettorentebærende gæld)	-12,470^{note 2}	-194^{note 2}	-3,112^{note 2}	-181^{note 2}	-571^{note 2}
Gearing, NIBD / EBITDA	n.m.^{note 3}	n.m.^{note 3}	Net cash^{note 2}	Net cash^{note 2}	Net cash^{note 2}
ROIC (afkast af investeret kapital)	-4.1%^{note 4}	-11%^{note 5}	1.1%^{note 2}	2.4%^{note 2}	0.2%^{note 2}
Capex (investeringer i anlægsaktiver)	0^{note 6}	0^{note 6}	0^{note 6}	0^{note 6}	796^{note 6}
Capex % of sales (investeringer i procent af omsætningen)	0%^{note 6}	0%^{note 6}	0%^{note 6}	0%^{note 6}	0%^{note 6}
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	3,223,343^{note 2}	2,057,768^{note 2}	346,940^{note 2}	382,108^{note 2}	304,799^{note 2}

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

1 n.m.: the year before is not positive
2 no interest-bearing debt reported
3 n.m.: EBITDA not positive
4 Dandex estimate: statutory 22% used: profit before tax not positive; no interest-bearing debt reported
5 Dandex estimate: statutory 22% used: effective rate outside 0 to 40%; no interest-bearing debt reported
6 tangible assets only

Annual Reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 9 Jun 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 19 Jun 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 11 Jun 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 30 May 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 9 Jun 2022
PDF

Ownership

People

Network

Financials

Changes

Registration

Dandex in Your Own Tools

Ownership

People

Financials

Who Is Behind It

Ownership

Control Chain

Owned Companies

People

Current (6)

Founders (1)

Network

Roles Over Time

Network

Financials

Annual Reports

Financials

Changes

Registration

Production Units

Dandex in Your Own Tools

Who Is Behind It

Control Chain

Owned Companies

Current (6)

Founders (1)

Network

Shared by two or more of its people

Its people and their other companies

Network

Roles Over Time

Financials

Annual Reports

Production Units

Network

Shared by two or more of its people

Its people and their other companies