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UTILITY DEVELOPMENT A/S: Financial statements 2020

CVR: 11988296

Source: annual report 2020, Danish Business Authority

01/01/202031/12/2020

UTILITY DEVELOPMENT A/S (CVR 11988296) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 3,280,000 and a net result of DKK 16,898,000 compared with DKK 4,504,000 the year before. That is an increase of 50.2% compared with the year before. Equity in the 2020 report amounted to DKK 62,284,000. The solvency ratio was 34.3%. The company had 2 employees in the financial year.

Gross Profit
DKK 3,280,000
Profit/Loss
DKK 16,898,000
Equity
DKK 62,284,000
Total Assets
DKK 181,643,000
Employees
2

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-3.3 mio.16.9 mio.62.3 mio.2
2019-2.2 mio.4.5 mio.51.4 mio.2
2018-5.3 mio.2.9 mio.50.9 mio.2
2017-5.3 mio.2.1 mio.52 mio.2
2016-5.2 mio.5.2 mio.54 mio.2000

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Events in 2020

UTILITY DEVELOPMENT A/S: The 2019 annual report is outJun 9, 2020

UTILITY DEVELOPMENT A/S has published its annual report for 2019. Gross profit came to DKK 2,184,000, and the net result was DKK 4,504,000.

About UTILITY DEVELOPMENT A/S

UTILITY DEVELOPMENT A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 1988. The company is registered under the industry Anden udlejning af boliger. The company was previously named NORDLUX HOLDING A/S and NORDLUX A/S. The management consists of Jørgen Gunnar Havemann. The board consists of Per Skov (chair), Jens Gunnar Havemann, Jørgen Gunnar Havemann and Marianne Havemann. The company is owned by T4 Holding ApS, COBRA HOLDING ApS and Viking Holding BVBA. The company has 2 employees (2018). In 2025, the company reported a gross profit of DKK 4,334,222 and a net result of DKK 1,842,737 compared with DKK 3,087,501 the year before. Equity in the 2025 report amounted to DKK 76,794,280.

Source: annual report 2025, Danish Business Authority