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Radius Elnet A/S: Financial statements 2023

CVR: 29915458

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

Radius Elnet A/S (CVR 29915458) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 2,456,175,000 and a net result of DKK 367,697,000 compared with DKK 506,233,000 the year before. That is a decrease of 5.6% compared with the year before. The profit margin was 15%. Equity in the 2023 report amounted to DKK 2,868,571,000. The solvency ratio was 18.1%. The company had 31 employees in the financial year.

Revenue
DKK 2,456,175,000
Gross Profit
DKK 1,424,343,000
Profit/Loss
DKK 367,697,000
Equity
DKK 2,868,571,000
Total Assets
DKK 15,853,138,000
Employees
31

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20232.5 mia.1.4 mia.367.7 mio.2.9 mia.31
20222.6 mia.1.4 mia.506.2 mio.2.5 mia.26
20212.1 mia.1.3 mia.440.4 mio.2 mia.25
20201.9 mia.1.2 mia.376.8 mio.5 mia.18
20192 mia.1.2 mia.401.5 mio.4.6 mia.22

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Events in 2023

Radius Elnet A/S: The 2022 annual report is outMay 30, 2023

Radius Elnet A/S has published its annual report for 2022. Revenue came to DKK 2,602,067,000, and the net result was DKK 506,233,000.

Brian Vad Mathiesen joins the board of Radius Elnet A/SMay 17, 2023

As of May 17, 2023, Brian Vad Mathiesen has joined the board of directors of Radius Elnet A/S.

Vagn Kjær-Hansen leaves the board of Radius Elnet A/SMay 17, 2023

As of May 17, 2023, Vagn Kjær-Hansen has left 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.

Source: annual report 2025, Danish Business Authority