Dandex

Northflare Energy A/S

CVR 32283853Public limited company (A/S)Engroshandel med fast, flydende og luftformigt brændstof og lignende varer (468100)København ØFounded 1 Jul 2009

Employees

53

CVR registry, Jul 2026

+5 (+10,4%) over 12 months

Revenue

621,6M

EUR, annual report 2026

-19,9% on 2025

Result

+9,6M

EUR, annual report 2026

Who Is Behind It

Owner

Northflare Energy Holding A/SCVR 41722614, 100% of capital and votes, since 13 Sep 2021

Ultimate controller
Torben Østergaard Nielsenthrough Northflare Energy Holding A/S, a Dandex estimate
Directors

Ask Michael Muncksince 1 Jul 2023

Simon Plagborgsince 6 Jan 2025

Ownership

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

Former owners (5)
  • CM HOLDING A/S

    CVR 2727602466,7% to under 90% of capital and votes1 Jul 2009 to 13 Sep 2021

  • Sergey Genkin

    25% to under 33,3% of capital and votes31 May 2016 to 24 Oct 2019

  • Prudential Investments Foundation

    25% to under 33,3% of capital and votes27 Jan 2012 to 30 May 2016

  • Sergey Genkin

    25% to under 33,3% of capital and votes31 May 2016 to 31 May 2019

  • Bigmove Holdings Limited

    25% to under 33,3% of capital and votes24 Oct 2019 to 13 Sep 2021

Control Chain

  1. Ultimate controller

    Torben Østergaard Nielsen

    Holds 100% of capital and votes in SelfGenerations T ApS, since 15 Dec 2020

    Capital100%
    Votes100%

  2. Holding company

    SelfGenerations T ApS

    CVR 42107530Private limited company (ApS)

    Holds 33,3% to under 50% of capital and 100% of votes in SELFINVEST ApS, since 15 Dec 2020

    Capital33,3% to under 50%
    Votes100%

  3. Holding company

    SELFINVEST ApS

    CVR 15008091Private limited company (ApS)

    Holds 100% of capital and votes in A/S UNITED SHIPPING & TRADING COMPANY, since 2 Jan 1994

    Capital100%
    Votes100%

  4. Holding company

    A/S UNITED SHIPPING & TRADING COMPANY

    CVR 76950016Public limited company (A/S)

    Holds 100% of capital and votes in Northflare Energy Holding A/S, since 30 Sep 2020

    Capital100%
    Votes100%

  5. Holding company

    Northflare Energy Holding A/S

    CVR 41722614Public limited company (A/S)

    Holds 100% of capital and votes in Northflare Energy A/S, since 13 Sep 2021

    Capital100%
    Votes100%

  6. This company

    Northflare Energy A/S

    CVR 32283853

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 20 Oct 2026.

Owned Companies

Northflare Energy A/S holds no Danish company now.

Found by searching the CVR owner register (ejerregister) for Northflare Energy 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 (1)

People

Current (8)

Founders (2)

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

Former (6)

Network

Roles Over Time

13 Sep 2021 to 20 Oct 2026.

Former (6)

1 Jul 2009 to 20 Oct 2026.

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.

Financials

Annual report figures by year, EUR thousands
Metric20222023202420252026
Revenue707.251798.533835.257776.203621.644
Operating profit+40.881+46.487+35.877+13.802+7.306
Result for the year+30.592+26.146+39.130+13.987+9.599
Equity60.13482.748120.736125.547Not reported
Total assets140.593216.676256.665255.718269.618
Employees (average)Not reported31Not reportedNot reportedNot reported

EUR thousands. Annual reports via XBRL. Large listed filers report IFRS figures in an ESEF report, for the group where there is one. Employees are the annual report's average and may cover a group. Not every period is a full year: 2022 covers 16 months (1 Jan 2021 to 30 Apr 2022). Changes against it compare periods of different length.

Annual Reports

  • Annual report 2026

    1 May 2025 to 30 Apr 2026, published 3 Jul 2026

    XHTML

  • Annual report 2025

    1 May 2024 to 30 Apr 2025, published 25 Jul 2025

    XHTML

  • Annual report 2024

    1 May 2023 to 30 Apr 2024, published 19 Jul 2024

    XHTML

  • Annual report 2023

    1 May 2022 to 30 Apr 2023, published 30 Jun 2023

    PDF

  • Annual report 2022

    1 Jan 2021 to 30 Apr 2022, published 1 Jul 2022

    PDF

Changes

All changes

  1. CM BIOMASS PARTNERS A/S has changed ownership. A new strategy and new needs can be expected.

    Signal, a Dandex estimate. Lapses 4 Nov 2026.

  2. Name change

    Northflare Energy A/S (CVR 32283853) har skiftet navn fra "CM BIOMASS PARTNERS A/S" til "Northflare Energy A/S" pr. 29. september 2026.

  3. Ownership change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget ejerskifte pr. 7. juli 2026: 6 indtrådt.

  4. Director change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget direktørskifte pr. 19. juni 2026: 1 indtrådt.

  5. Director change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget direktørskifte pr. 6. januar 2025: 1 indtrådt.

  6. Director change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget direktørskifte pr. 1. april 2024: 1 indtrådt.

  7. Director change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget direktørskifte pr. 1. december 2023: 1 indtrådt.

  8. Director change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget direktørskifte pr. 1. juli 2023: 3 indtrådt.

  9. Director change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget direktørskifte pr. 13. september 2021: 3 indtrådt.

  10. Director change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget direktørskifte pr. 24. juni 2010: 1 indtrådt.

  11. Director change

    CM BIOMASS PARTNERS A/S (CVR 32283853) har foretaget direktørskifte pr. 1. juli 2009: 3 indtrådt.

Registration

Address
Sundkrogsgade 11
2100 København Ø
København Municipality
CVR record last changed
29 Sep 2026
Data read
20 Oct 2026

Production Units

3 registered in CVR.

  • CM Biomass - Vildbjerg Pellets

    P-number 1029778988Islandsvej 8, 7480 Vildbjerg

  • Cm Biomass - Løsning

    P-number 1030117138Helge Nielsens Alle 7, 8723 Løsning

  • Northflare Energy A/S

    P-number 1015373233Sundkrogsgade 11, 2100 København Ø

Source: the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen. Annual reports via XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

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