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Nexel A/S: Financial statements 2019

CVR: 20214414

Source: annual report 2019, Danish Business Authority

01/01/2019 – 31/12/2019

Nexel A/S (CVR 20214414) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 1,697,519,000 and a net result of DKK 165,843,000 compared with DKK 293,853,000 the year before. That is a decrease of 42% compared with the year before. The profit margin was 9.8%. Equity in the 2019 report amounted to DKK 3,334,919,000. The solvency ratio was 80.4%. The company had 1,017 employees in the financial year.

Revenue
DKK 1,697,519,000
Gross Profit
DKK 504,785,000
Profit/Loss
DKK 165,843,000
Equity
DKK 3,334,919,000
Total Assets
DKK 4,149,464,000
Employees
1,017

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20191.7 mia.504.8 mio.165.8 mio.3.3 mia.1017
20182.9 mia.832.8 mio.293.9 mio.5.2 mia.1135
20172.6 mia.935.6 mio.601.3 mio.5.4 mia.1173
20162.5 mia.1.1 mia.568.8 mio.5.3 mia.1213
20152.6 mia.1.2 mia.910.1 mio.5.8 mia.1155

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Events in 2019

Thomas Kjær Lundberg joins the board of Nexel A/SJul 1, 2019

As of July 1, 2019, Thomas Kjær Lundberg has joined the board of directors of Nexel A/S.

Daniel Tas Sandermann leaves the board of Nexel A/SJul 1, 2019

As of July 1, 2019, Daniel Tas Sandermann has left the board of directors of Nexel A/S.

Anders Vikkelsø joins Nexel A/S as directorJul 1, 2019

As of July 1, 2019, Anders Vikkelsø is registered as director of Nexel A/S.

Morten Hultberg Buchgreitz steps down as adm. dir. of Nexel A/SJul 1, 2019

As of July 1, 2019, Morten Hultberg Buchgreitz has stepped down as adm. dir. of Nexel A/S.

Allan Bødskov Andersen steps down as director of Nexel A/SJul 1, 2019

As of July 1, 2019, Allan Bødskov Andersen has stepped down as director of Nexel A/S.

Thomas Kjær Lundberg leaves the board of Nexel A/SJun 30, 2019

As of June 30, 2019, Thomas Kjær Lundberg has left the board of directors of Nexel A/S.

Mikkel Rosendahl joins the board of Nexel A/SJun 24, 2019

As of June 24, 2019, Mikkel Rosendahl has joined the board of directors of Nexel A/S.

Hanne Legardt Blume Levy leaves the board of Nexel A/SJun 24, 2019

As of June 24, 2019, Hanne Legardt Blume Levy has left the board of directors of Nexel A/S.

Nexel A/S: The 2018 annual report is outMar 7, 2019

Nexel A/S has published its annual report for 2018. Revenue came to DKK 2,924,757,000, and the net result was DKK 293,853,000.

About Nexel A/S

Nexel A/S is a Danish company of the type Aktieselskab based in Svinninge, founded in 1902. The company is registered under the industry Transmission af elektricitet. The company was previously named SEAS-NVE Service A/S and Ørsted Sales & Distribution A/S. The management consists of Anders Vikkelsø. The board consists of Kristoffer Böttzauw (chair), Christina Nielsen, Erik Hesdorf and Steen Gunner Brandi Brødbæk. The company is owned by Andel Holding A/S. The company has 781 employees (2026). In 2025, the company reported revenue of DKK 3,858,518,000 and a net result of DKK 154,928,000 compared with DKK 102,170,000 the year before. Equity in the 2025 report amounted to DKK 726,299,000.

Source: annual report 2025, Danish Business Authority