Radius Elnet A/S: Financial statements 2020
CVR: 29915458
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Radius Elnet A/S (CVR 29915458) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 1,908,217,000 and a net result of DKK 376,774,000 compared with DKK 401,481,000 the year before. That is a decrease of 6.8% compared with the year before. The profit margin was 19.7%. Equity in the 2020 report amounted to DKK 5,016,033,000. The solvency ratio was 35.7%. The company had 18 employees in the financial year.
- Revenue
- DKK 1,908,217,000
- Gross Profit
- DKK 1,186,711,000
- Profit/Loss
- DKK 376,774,000
- Equity
- DKK 5,016,033,000
- Total Assets
- DKK 14,042,712,000
- Employees
- 18
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 1.9 mia. | 1.2 mia. | 376.8 mio. | 5 mia. | 18 |
| 2019 | 2 mia. | 1.2 mia. | 401.5 mio. | 4.6 mia. | 22 |
| 2018 | 2 mia. | 1 mia. | 1.3 mia. | 4.2 mia. | 1 |
| 2017 | 2 mia. | 1.2 mia. | 447.4 mio. | 3.4 mia. | 1 |
| 2016 | 2.8 mia. | 1.1 mia. | 411.5 mio. | 3.3 mia. | 1 |
Official annual report
How creditworthy is Radius Elnet A/S?
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreEvents in 2020
As of November 10, 2020, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Radius Elnet A/S.
As of November 10, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Radius Elnet A/S.
As of November 10, 2020, Charlotte Døssing Pommer has joined the board of directors of Radius Elnet A/S.
As of November 10, 2020, Jon Balsby has joined the board of directors of Radius Elnet A/S.
As of November 10, 2020, Carsten Kjær Poulsen has left the board of directors of Radius Elnet A/S.
As of November 10, 2020, Anders Vikkelsø has left the board of directors of Radius Elnet A/S.
As of August 31, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Radius Elnet A/S.
As of August 31, 2020, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Radius Elnet A/S.
As of August 31, 2020, Carsten Kjær Poulsen has joined the board of directors of Radius Elnet A/S.
As of August 31, 2020, Benjamin Henrik Lublin has joined the board of directors of Radius Elnet A/S.
About Radius Elnet A/S
Radius Elnet A/S is a Danish company of the type Aktieselskab based in Svinninge, founded in 2006. The company is registered under the industry Distribution af elektricitet. The company was previously named DONG ENERGY ELDISTRIBUTION A/S and DONG ENERGY CITY ELNET A/S. The management consists of Jens Fossar Madsen. The board consists of Kristoffer Böttzauw (chair), Jon Balsby, Anders Jørn Jensen and Brian Vad Mathiesen. The company is owned by Andel Holding A/S. The company has 39 employees (2026). In 2025, the company reported revenue of DKK 2,479,822,000 and a net result of DKK 512,092,000 compared with DKK 507,514,000 the year before. Equity in the 2025 report amounted to DKK 3,863,238,000.