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Gas Storage Denmark A/S

CVR: 29851247

Stable revenueMedium companyWell-established (19 yrs)Profitable

Secondary names: Energinet Gas Storage A/S, Stenlille Gaslager A/S, Energinet Gaslager A/S

Previous names: DONG LAGER A/S, DONG STORAGE A/S, ENERGINET.DK STENLILLE GASLAGER A/S

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The financial health of Gas Storage Denmark A/S appears to be declining, with a significant drop in both revenue and profit from 2024 to 2025. Revenue decreased from 499.1 million DKK in 2024 to 284.1 million DKK in 2025, while profit fell sharply from 113.7 million DKK to 13.4 million DKK. Despite this downturn, the company maintains a solid equity position of 291 million DKK, indicating a strong balance sheet. However, the declining margins raise concerns about its operational efficiency and competitive position within the gas distribution industry.

AI-generated summary

Overview

Company type
A/S
Aktieselskab
Address
c/o Energinet.dk, Tonne Kjærsvej 65, 7000 Fredericia
FREDERICIA
7000 Fredericia
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Founded
31.8.2006

Details

Industry
Distribution af gas
Code: 352200
Employees
24 employees
22 FTE
(2018)
Capital
50.001.100 kr.

Contact

Email
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Purpose

Selskabets formål er at udøve lagervirksomhed i relation til oplagring af gas, herunder brint, og CO2 i overensstemmelse med de til enhver tid gældende regler i lov om Energinet, gasforsyningsloven, undergrundsloven samt øvrige nationale og internationale regler for sådan lagervirksomhed.

Location

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Financials

Financial trend

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YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2025284.1 mio.13.4 mio.1.7 mia.291 mio.58

Industry Benchmarks

View industry report

Compared to 10 companies in Distribution af gas

Revenue
Company284.1 mio.
Industry median210.1 mio.
35% above
Profit margin
Company4.7%
Industry median10.0%
2.1x below
Employees
Company58
Industry median24
2.4x
Equity ratio
Company16.9%
Industry median40.0%
2.4x below

Comparison is based on industry median values

Ownership

Owners
Gas Storage Denmark Holding A/S
CVR: 36452986
100%
Gas Storage Denmark A/S
CVR: 29851247

Tenders as contracting authority

18 public tenders issued

Pigging Services 2026-2027 for Gas Storage Denmark A/S
22/05/2026805.000 €
Pre-study and Survey Design for 3D Seismic Acquisition (Onshore Denmark) - 26/08881
24/06/20261.000.000 kr.
LOT 1 - Reservoir logging and well diagnostics
21/05/20264.360.000 €
Rammeaftale om transport og behandling af ekstraproduktion af formationsvand fra Stenlille Gaslager 2026-2033
06/01/202625.000.000 kr.
Acquisition of wellhead equipment, parts and services for Gas Storage Danmark in Lille Torup
06/08/20258.044.000 €
Procurement of high-pressure pump unit for brine injection for the water injection project in Stenlille, Gas Storage Denmark
30/06/202515.000.000 kr.
Procurement of Flooding String
17/03/2025300.000 €
Danmark – Åbning af brøndhul – Market Dialogue on wellhead equipment, parts and services for Gas Storage Danmark
11/12/202460.000.000 kr.
Procurement of high pressure pump unit for brine injection for the Water injection project in Stenlille, Gas Storage Denmark
14/10/2024600.000 €
Rammeaftale vedrørende montage- og smedearbejder til Stenlille gaslager
26/08/202432.000.000 kr.

Showing 10 of 18 contracts

Sources: TED (the EU tender database) and udbud.dk

Properties

(15)· 2 historic

15 properties

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Management

Directors

Martin Ljung Christensen(ADM. DIR.)

Board

Søren Dupont Kristensen(FORMAND)
Michelle Strand(BESTYRELSESMEDLEM)
Stina Buhl Willumsen(BESTYRELSESMEDLEM)
Thomas Berg Jakobsen(BESTYRELSESMEDLEM)
Torben Hedegaard Madsen(BESTYRELSESMEDLEM)

Production units (5)

Energinet.dk Stenlille Gaslager A/S, Stenlille Adm
P-no: 1009231605
Merløsevej 1B, 4296, Nyrup
Distribution af gas
15 employees
Gas Storage Denmark A/S (STE)
P-no: 1014739560
Merløsevej 1C, 4296, Nyrup
Distribution af gas
Gas Storage Denmark AS/ (LLT)
P-no: 1025163075
Rækkeborgvej 4, 9620, Aalestrup
Distribution af gas

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History

4 events (+70)
2026
New board memberJun 1, 2026

Thomas Berg Jakobsen joined the board

New board memberJun 1, 2026

Stina Buhl Willumsen joined the board

Board member leftJun 1, 2026

Torben Thyregod left the board

Board member leftJun 1, 2026

Signe Horn Rosted left the board

See 70 more events with Pro

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