CVR 33884788Private limited company (ApS)Anden handel med elektricitet (351590)København SFounded 13 Sep 2011
Employees
99
CVR registry, Aug 2026
-34 (-25.6%) over 12 months
Revenue
361.1M
DKK, annual report 2025
-10.2% on 2024
Result
+11.4M
DKK, annual report 2025
Equity
67.2M
DKK, annual report 2025
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.
Dandex is Danish company data. Connect it once and ask about MODSTRØM DANMARK ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexStandbyCo VII ApSCVR 41479841, 100% of capital and votes, since 22 Sep 2020
Peter Schow Jensensince 21 May 2026
Anders Dissing Millgaardsince 13 Sep 2011
CVR 41479841100% of capital and votessince 22 Sep 2020
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
25% to under 33.3% of capital and votes10 Dec 2012 to 10 Dec 2012
25% to under 33.3% of capital and votes10 Dec 2012 to 10 Dec 2012
CVR 2537272733.3% to under 50% of capital and votes12 Oct 2012 to 22 Sep 2020
CVR 2670550910% to under 15% of capital and votes13 Sep 2011 to 20 Jul 2018
CVR 2728049810% to under 15% of capital and votes13 Sep 2011 to 22 Sep 2020
CVR 2811605533.3% to under 50% of capital and votes12 Oct 2012 to 22 Sep 2020
CVR 286591055% to under 10% of capital and votes13 Sep 2011 to 18 Apr 2012
CVR 3056920210% to under 15% of capital and votes13 Sep 2011 to 22 Sep 2020
CVR 344781475% to under 10% of capital and votes19 Apr 2012 to 22 Sep 2020
Ultimate controller
Standbyco 19 B.V.
Holds 66.7% to under 90% of capital and votes in StandbyCo VI ApS, since 1 Jul 2020
Holding company
CVR 41479655Private limited company (ApS)
Holds 100% of capital and votes in StandbyCo VII ApS, since 1 Jul 2020
Holding company
CVR 41479841Private limited company (ApS)
Holds 100% of capital and votes in MODSTRØM DANMARK ApS, since 22 Sep 2020
This company
MODSTRØM DANMARK ApS
CVR 33884788
1 Danish company, which own 1 more one level down.
SubsidiaryCVR 27409741100% of capital and votes
SubsidiaryCVR 27409806100% of capital and votes
Found by searching the CVR owner register (ejerregister) for MODSTRØM DANMARK ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 42308536100% of capital and votes8 May 2023 to 1 Sep 2025
CVR records founders at incorporation. It does not record whether they are alive or still involved.
13 Sep 2011 to 1 Nov 2026.
13 Sep 2011 to 1 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 485,231 | 912,699 | 507,959 | 402,106 | 361,093 |
| Gross profit | 86,586 | 90,084 | 138,143 | 109,217 | 88,761 |
| Operating profit | +14,471 | +15,554 | +51,011 | +12,504 | +13,404 |
| Result for the year | +12,323 | +10,399 | +36,635 | +3,674 | +11,366 |
| Equity | 56,455 | 51,854 | 87,189 | 55,863 | 67,229 |
| Total assets | 488,349 | 595,377 | 553,700 | 464,184 | 468,554 |
| Employees (average) | 142 | 134 | 155 | 168 | 134 |
| Credit metrics (Dandex calculations) | |||||
| Revenue growth (omsætningsvækst) | 107.8% | 88.1% | -44.4% | -20.8% | -10.2% |
| EBIT margin (overskudsgrad) | 3% | 1.7% | 10% | 3.1% | 3.7% |
| EBITDA | 20,458 | 20,729 | 56,613 | 19,367 | 21,601 |
| EBITDA margin | 4.2% | 2.3% | 11.2% | 4.8% | 6% |
| Employee growth (vækst i antal ansatte) | 10.1% | -5.6% | 15.7% | 8.4% | -20.2% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | -95,330 | -158,679 | -104,958 | -35,562 | -39,867 |
| Gearing, NIBD / EBITDA | Net cash | Net cash | Net cash | Net cash | Net cash |
| ROIC (afkast af investeret kapital) | n.m.note 1 | n.m.note 1 | n.m.note 1 | 773% | 43.5% |
| Capex (investeringer i anlægsaktiver) | 7,850note 2 | 5,977note 2 | 16,448note 2 | 6,074note 2 | 6,936note 2 |
| Capex % of sales (investeringer i procent af omsætningen) | 1.6%note 2 | 0.7%note 2 | 3.2%note 2 | 1.5%note 2 | 1.9%note 2 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | -95,802 | -159,825 | -107,573 | -47,367 | -130,997 |
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).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 30 Jun 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 29 Jun 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 28 Jun 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 29 Jun 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 27 Jun 2022
7 registered in CVR.
P-number 1019641399Nyhavnsgade 9, 9000 Aalborg
P-number 1017116688Jagtvej 169, 2100 København Ø
P-number 1018583158Østre Stationsvej 27, 5000 Odense C
P-number 1022303550Hedegaardsvej 88, 2300 København S
P-number 1020273786Inge Lehmanns Gade 10, 8000 Aarhus C
P-number 1020449442Adelgade 15, 1304 København K
P-number 1023910906Prins Christians Kvarter 26, 7000 Fredericia
