Owners, management and financials
CVR: 25707451
DKK 5,362,756
Revenue
Net result: DKK 726,264
Hurup Elværk A.m.b.a. (100%)
CVR · view owners
Henrik Pedersen
Board: Kresten Borggaard (chair) and 4 members
CVR · view management
Active
Founded 7 November 2000
CVR · view overview
1 employee
CVR · 2026
Director role ended: Torben Bartholin Nielsen
CVR · 01/08/2018
View the full event history
HURUP ELVÆRK NET A/S is a Danish company of the type Aktieselskab based in Hurup Thy, founded in 2000. The company is registered under the industry Distribution af elektricitet. The management consists of Henrik Pedersen. The board consists of Kresten Borggaard (chair), Hans Aagaard Poulsen, Ib Munk Thinggaard and Karsten Toftdal Larsen. The company is owned by Hurup Elværk A.m.b.a.. The company has 1 employee (2026). In 2025, the company reported revenue of DKK 5,362,756 and a net result of DKK 726,264 compared with DKK 54,969 the year before. Equity in the 2025 report amounted to DKK 13,846,306.
Source: annual report 2025, Danish Business Authority
The financial health of HURUP ELVÆRK NET A/S appears to be improving, with a notable increase in revenue and profit over the past few years. In 2025, the company reported revenue of 5,362,756 DKK and a profit of 726,264 DKK, marking a significant recovery from a loss of 634,484 DKK in 2021. Equity has also strengthened, rising from 11,817,525 DKK in 2021 to 13,846,306 DKK in 2025, indicating a solid capital position. While the profit margins have fluctuated, the overall upward trend in revenue and profitability suggests a positive trajectory within the electricity distribution industry. However, the lack of employee data and a CDS score may raise concerns regarding operational scale and credit risk.
AI-generated summary · Generated 09/04/2026
Selskabets formål er at drive netvirksomhed i henhold til bevilling efter elforsyningsloven.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 5.4 mio. | 726 t. | 19.8 mio. | 13.8 mio. | 1 | |
| 202401/01/2024 – 31/12/2024 | 4.6 mio. | 55 t. | 18.5 mio. | 13.1 mio. | 1 | |
| 202301/01/2023 – 31/12/2023 | 5.2 mio. | 1.1 mio. | 22 mio. | 13.1 mio. | 1 | |
| 202201/01/2022 – 31/12/2022 | 4 mio. | 131 t. | 20.3 mio. | 11.9 mio. | 1 | |
| 202101/01/2021 – 31/12/2021 | 3.2 mio. | -634 t. | 20.5 mio. | 11.8 mio. | - | |
| 202001/01/2020 – 31/12/2020 | 4.2 mio. | 325 t. | 20.4 mio. | 12.5 mio. | - | |
| 201901/01/2019 – 31/12/2019 | 5.7 mio. | 1.8 mio. | 20.1 mio. | 12.1 mio. | - | |
| 201801/01/2018 – 31/12/2018 | 4.4 mio. | -112 t. | 19.4 mio. | 10.3 mio. | - | |
| 201701/01/2017 – 31/12/2017 | 3.9 mio. | -801 t. | 17.5 mio. | 9.3 mio. | - | |
| 201601/01/2016 – 31/12/2016 | 3.5 mio. | -1.1 mio. | 17.8 mio. | 10.1 mio. | - | |
| 201501/01/2015 – 31/12/2015 | 3.2 mio. | -953 t. | 17.5 mio. | 11.2 mio. | - | |
| 201401/01/2014 – 31/12/2014 | 3 mio. | -755 t. | 15.8 mio. | 12.5 mio. | - | |
| 201301/01/2013 – 31/12/2013 | 2.9 mio. | -1 mio. | 15.9 mio. | 13.2 mio. | - | |
| 201201/01/2012 – 31/12/2012 | 2.5 mio. | -1.1 mio. | 17.4 mio. | 14.2 mio. | - |
Compared to 57 companies in Distribution af elektricitet
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
1 public tender issued
Sources: TED (the EU tender database) and udbud.dk
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Set up monitoringThe CVR number of HURUP ELVÆRK NET A/S is 25707451.
HURUP ELVÆRK NET A/S is owned by Hurup Elværk A.m.b.a..
The management of HURUP ELVÆRK NET A/S consists of Henrik Pedersen.
The board of HURUP ELVÆRK NET A/S consists of Kresten Borggaard, Hans Aagaard Poulsen and Ib Munk Thinggaard, with Kresten Borggaard as chair.
In 2025, HURUP ELVÆRK NET A/S reported revenue of DKK 5,362,756.
HURUP ELVÆRK NET A/S had 1 employee in 2026 according to the Danish CVR register.
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HURUP ELVÆRK NET A/S has published its annual report for 2025. Revenue came to DKK 5,362,756, and the net result was DKK 726,264.
HURUP ELVÆRK NET A/S has published its annual report for 2024. Revenue came to DKK 4,641,346, and the net result was DKK 54,969.
As of March 18, 2025, Kresten Borggaard has joined the board of directors of HURUP ELVÆRK NET A/S.
As of March 18, 2025, Karsten Toftdal Larsen has joined the board of directors of HURUP ELVÆRK NET A/S.
As of March 18, 2025, Søren Peter Yde has left the board of directors of HURUP ELVÆRK NET A/S.
As of March 17, 2025, Kresten Borggaard has left the board of directors of HURUP ELVÆRK NET A/S.
HURUP ELVÆRK NET A/S has published its annual report for 2023. Revenue came to DKK 5,222,369, and the net result was DKK 1,116,094.
HURUP ELVÆRK NET A/S has published its annual report for 2022. Revenue came to DKK 4,041,001, and the net result was DKK 131,454.
As of April 25, 2023, Søren Peter Yde has joined the board of directors of HURUP ELVÆRK NET A/S.
As of April 25, 2023, Michael Korsholm has joined the board of directors of HURUP ELVÆRK NET A/S.
As of April 25, 2023, Ib Munk Thinggaard has joined the board of directors of HURUP ELVÆRK NET A/S.
As of April 25, 2023, Frede Emil Korsgaard has left the board of directors of HURUP ELVÆRK NET A/S.
As of April 25, 2023, Søren Foldager has left the board of directors of HURUP ELVÆRK NET A/S.
As of April 24, 2023, Søren Peter Yde has left the board of directors of HURUP ELVÆRK NET A/S.
HURUP ELVÆRK NET A/S has published its annual report for 2021. Revenue came to DKK 3,185,868, and the net result was DKK -634,484.
HURUP ELVÆRK NET A/S has published its annual report for 2020. Revenue came to DKK 4,248,198, and the net result was DKK 324,834.
HURUP ELVÆRK NET A/S has published its annual report for 2019. Revenue came to DKK 5,739,081, and the net result was DKK 1,782,412.
HURUP ELVÆRK NET A/S has published its annual report for 2018. Revenue came to DKK 4,431,816, and the net result was DKK -112,154.
As of April 2, 2019, Kresten Borggaard has joined the board of directors of HURUP ELVÆRK NET A/S.
As of April 2, 2019, Henning Lyrhøj Glinvad has left the board of directors of HURUP ELVÆRK NET A/S.
As of August 1, 2018, Henrik Pedersen is registered as director of HURUP ELVÆRK NET A/S.
As of August 1, 2018, Torben Bartholin Nielsen has stepped down as director of HURUP ELVÆRK NET A/S.
HURUP ELVÆRK NET A/S has published its annual report for 2017. Revenue came to DKK 3,852,910, and the net result was DKK -800,714.
HURUP ELVÆRK NET A/S has published its annual report for 2016. Revenue came to DKK 3,534,591, and the net result was DKK -1,139,952.
HURUP ELVÆRK NET A/S has published its annual report for 2015. Revenue came to DKK 3,223,932, and the net result was DKK -952,601.
HURUP ELVÆRK NET A/S has published its annual report for 2014. Revenue came to DKK 3,022,304, and the net result was DKK -755,114.
HURUP ELVÆRK NET A/S has published its annual report for 2013. Revenue came to DKK 2,893,979, and the net result was DKK -1,006,281.
As of April 30, 2013, Søren Foldager has joined the board of directors of HURUP ELVÆRK NET A/S.
As of April 30, 2013, Hans Aagaard Poulsen has joined the board of directors of HURUP ELVÆRK NET A/S.
As of April 30, 2013, Ole Torp has left the board of directors of HURUP ELVÆRK NET A/S.
HURUP ELVÆRK NET A/S has published its annual report for 2012. Revenue came to DKK 2,508,511, and the net result was DKK -1,144,738.
As of August 16, 2012, Frede Emil Korsgaard has joined the board of directors of HURUP ELVÆRK NET A/S.
As of August 16, 2012, Rasmus Brix Kronborg has left the board of directors of HURUP ELVÆRK NET A/S.
As of February 11, 2010, Søren Peter Yde has joined the board of directors of HURUP ELVÆRK NET A/S.
As of February 11, 2010, Niels Bedsted Jensen Smed has left the board of directors of HURUP ELVÆRK NET A/S.
As of June 19, 2006, Rasmus Brix Kronborg has joined the board of directors of HURUP ELVÆRK NET A/S.
As of June 19, 2006, Karsten Christensen has left the board of directors of HURUP ELVÆRK NET A/S.
As of March 21, 2005, Karsten Christensen has joined the board of directors of HURUP ELVÆRK NET A/S.
As of March 21, 2005, Ole Torp has joined the board of directors of HURUP ELVÆRK NET A/S.
As of November 7, 2000, RSM DANMARK STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of HURUP ELVÆRK NET A/S.
As of November 7, 2000, Niels Bedsted Jensen Smed has joined the board of directors of HURUP ELVÆRK NET A/S.
As of November 7, 2000, Henning Lyrhøj Glinvad has joined the board of directors of HURUP ELVÆRK NET A/S.
As of November 7, 2000, Torben Bartholin Nielsen is registered as director of HURUP ELVÆRK NET A/S.
As of November 7, 2000, Hurup Elværk A.m.b.a. is registered as an owner of HURUP ELVÆRK NET A/S with an ownership share of 100%.
HURUP ELVÆRK NET A/S was founded on November 7, 2000.
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