Cavendish Hydrogen A/S: Financial statements 2019
CVR: 26933048
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
Cavendish Hydrogen A/S (CVR 26933048) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 146,966,894 and a net result of DKK -66,150,325 compared with DKK -73,457,436 the year before. That is a decrease of 17.1% compared with the year before. The profit margin was -45%. Equity in the 2019 report amounted to DKK 36,906,170. The solvency ratio was 12.3%. The company had 67 employees in the financial year.
- Revenue
- DKK 146,966,894
- Gross Profit
- DKK 7,572,985
- Profit/Loss
- DKK -66,150,325
- Equity
- DKK 36,906,170
- Total Assets
- DKK 300,825,689
- Employees
- 67
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 147 mio. | 7.6 mio. | -66.2 mio. | 36.9 mio. | 67 |
| 2018 | 177.4 mio. | -11.5 mio. | -73.5 mio. | 101 mio. | 50 |
| 2017 | 72.3 mio. | 6.7 mio. | -33.2 mio. | 70.4 mio. | 38 |
| 2016 | 44.1 mio. | 11.6 mio. | -10.8 mio. | 74 mio. | 50 |
| 2015 | 48.7 mio. | 34.8 mio. | 4.9 mio. | 12.6 mio. | - |
Official annual report
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Try company screeningEvents in 2019
Cavendish Hydrogen A/S has published its annual report for 2018. Revenue came to DKK 177,373,471, and the net result was DKK -73,457,436.
As of February 7, 2019, Jørn Rosenlund is registered as adm. dir. of Cavendish Hydrogen A/S.
As of February 7, 2019, Jacob Bech Krogsgaard has stepped down as adm. dir. of Cavendish Hydrogen A/S.
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.