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Nexel A/S: Financial statements 2020

CVR: 20214414

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

Nexel A/S (CVR 20214414) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 1,139,128,000 and a net result of DKK 52,034,000 compared with DKK 165,843,000 the year before. That is a decrease of 32.9% compared with the year before. The profit margin was 4.6%. Equity in the 2020 report amounted to DKK 281,462,000. The solvency ratio was 43.6%. The company had 478 employees in the financial year.

Revenue
DKK 1,139,128,000
Gross Profit
DKK 402,041,000
Profit/Loss
DKK 52,034,000
Equity
DKK 281,462,000
Total Assets
DKK 645,929,000
Employees
478

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20201.1 mia.402 mio.52 mio.281.5 mio.478
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

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Events in 2020

Nexel A/S appoints new auditorNov 10, 2020

As of November 10, 2020, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Nexel A/S.

Auditor steps down at Nexel A/SNov 10, 2020

As of November 10, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Nexel A/S.

Carl Henrik Wej Petersen joins the board of Nexel A/SNov 10, 2020

As of November 10, 2020, Carl Henrik Wej Petersen has joined the board of directors of Nexel A/S.

Cäthe Juul Bay-Smidt leaves the board of Nexel A/SNov 10, 2020

As of November 10, 2020, Cäthe Juul Bay-Smidt has left the board of directors of Nexel A/S.

Nexel A/S appoints new auditorAug 31, 2020

As of August 31, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Nexel A/S.

Auditor steps down at Nexel A/SAug 31, 2020

As of August 31, 2020, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Nexel A/S.

Ole Hillebrandt Jensen joins the board of Nexel A/SAug 31, 2020

As of August 31, 2020, Ole Hillebrandt Jensen has joined the board of directors of Nexel A/S.

Anders Vikkelsø joins the board of Nexel A/SAug 31, 2020

As of August 31, 2020, Anders Vikkelsø has joined the board of directors of Nexel A/S.

Marianne Wiinholt leaves the board of Nexel A/SAug 31, 2020

As of August 31, 2020, Marianne Wiinholt has left the board of directors of Nexel A/S.

Jakob Bøss leaves the board of Nexel A/SAug 31, 2020

As of August 31, 2020, Jakob Bøss has left the board of directors of Nexel A/S.

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