Cavendish Hydrogen A/S: Financial statements 2014
CVR: 26933048
Source: annual report 2014, Danish Business Authority
01/01/2014 – 31/12/2014
Cavendish Hydrogen A/S (CVR 26933048) has filed annual accounts for 2014. In 2014, the company reported revenue of DKK 34,452,480 and a net result of DKK 5,801,648 compared with DKK -2,961,717 the year before. That is a decrease of 27.9% compared with the year before. The profit margin was 16.8%. Equity in the 2014 report amounted to DKK 12,117,248. The solvency ratio was 22.7%.
- Revenue
- DKK 34,452,480
- Gross Profit
- DKK 10,557,119
- Profit/Loss
- DKK 5,801,648
- Equity
- DKK 12,117,248
- Total Assets
- DKK 53,417,469
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2014 | 34.5 mio. | 10.6 mio. | 5.8 mio. | 12.1 mio. | - |
| 2013 | 47.8 mio. | 29.5 mio. | -3 mio. | 6.3 mio. | - |
| 2012 | 38.3 mio. | 18.7 mio. | 206 t. | 8.5 mio. | - |
Official annual report
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Cavendish Hydrogen A/S has published its annual report for 2013. Revenue came to DKK 47,757,675, and the net result was DKK -2,961,717.
About Cavendish Hydrogen A/S
Cavendish Hydrogen A/S is a Danish company of the type Aktieselskab based in Herning, founded in 2003. The company is registered under the industry Fremstilling af andre maskiner til generelle formål i.a.n.. The company was previously named Nel Hydrogen A/S and H2 LOGIC A/S. The management consists of Robert Christian Gustaf Borin. The board consists of Marcus Halland (chair), Michael Stefan and Peder Hykkelbjerg Hansen. The company is owned by Cavendish Hydrogen ASA. The company has 77 employees (2026). In 2025, the company reported revenue of DKK 79,650,000 and a net result of DKK -167,499,000 compared with DKK -80,492,000 the year before. Equity in the 2025 report amounted to DKK 233,490,000.