CVR 40844244Public limited company (A/S)Fjernvarmeforsyning (353000)BrabrandFounded 1 Oct 2019
Employees
577
CVR registry, Aug 2026
+26 (+4.7%) over 12 months
Revenue
427.9M
DKK, annual report 2025
-3% on 2024
Result
0
DKK, annual report 2025
Equity
412K
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 Kredsløb A/S, 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 DandexKredsløb Holding A/SCVR 40831851, 100% of capital and votes, since 31 Dec 2019
Thomas Elgaard Jensensince 1 May 2022
Bjarne Munk Jensensince 23 Oct 2019
CVR 40831851100% of capital and votessince 31 Dec 2019
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 55133018100% of capital and votes23 Oct 2019 to 31 Dec 2019
CVR 19270939100% of capital and votes1 Oct 2019 to 23 Oct 2019
Ultimate controller
CVR 55133018Primærkommune
Holds 100% of capital and votes in Kredsløb Holding A/S, since 23 Oct 2019
Holding company
CVR 40831851Public limited company (A/S)
Holds 100% of capital and votes in Kredsløb A/S, since 31 Dec 2019
This company
Kredsløb A/S
CVR 40844244
CVR records founders at incorporation. It does not record whether they are alive or still involved.
23 Oct 2019 to 3 Nov 2026.
1 Oct 2019 to 3 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 285,248 | 325,345 | 399,116 | 441,097 | 427,900 |
| Operating profit | +647 | +7,671 | +11,724 | +4,613 | +2,688 |
| Result for the year | 0 | 0 | 0 | 0 | 0 |
| Equity | 412 | 412 | 412 | 412 | 412 |
| Total assets | 325,627 | 397,725 | 376,249 | 220,290 | 355,090 |
| Employees (average) | 384 | 407 | 473 | 493 | 515 |
| Credit metrics (Dandex calculations) | |||||
| Revenue growth (omsætningsvækst) | Not reportednote 1 | 14.1% | 22.7% | 10.5% | -3% |
| EBIT margin (overskudsgrad) | 0.2% | 2.4% | 2.9% | 1.1% | 0.6% |
| EBITDA | 11,646 | 19,046note 2 | 22,098note 2 | 14,675note 2 | 12,353note 2 |
| EBITDA margin | 4.1% | 5.9%note 2 | 5.5%note 2 | 3.3%note 2 | 2.9%note 2 |
| Employee growth (vækst i antal ansatte) | Not reportednote 1 | 6% | 16.2% | 4.2% | 4.5% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | 99,032 | -101,620 | 61,763 | 91,727 | 24,459 |
| Gearing, NIBD / EBITDA | 8.5x | Net cashnote 2 | 2.8xnote 2 | 6.3xnote 2 | 2xnote 2 |
| ROIC (afkast af investeret kapital) | 0.4%note 3 | n.m.note 4 | n.m.note 4 | 4.7%note 5 | 3.6%note 5 |
| Capex (investeringer i anlægsaktiver) | 7,177note 6 | 0note 7 | 0note 7 | 0note 7 | 139,730note 6 |
| Capex % of sales (investeringer i procent af omsætningen) | 2.5%note 6 | 0%note 7 | 0%note 7 | 0%note 7 | 32.7%note 6 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | 99,857 | 98,861 | -67,660 | 30,862 | -15,907 |
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 16 Jun 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 12 Jun 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 10 Jun 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 25 May 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 8 Jun 2022
22 registered in CVR.
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