Kalundborg Refinery A/S

CVR: 29975884

Declining 17% p.a.Large companyWell-established (19 yrs)Breakeven

Previous names: STATOIL BIOETHANOL A/S, STATOIL REFINING DENMARK A/S, Equinor Refining Denmark A/S

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The financial health of Kalundborg Refinery A/S shows signs of recovery after a significant downturn in 2020, where it recorded a loss of 1.57 billion DKK. In 2024, the company generated revenue of 3.75 billion DKK with a modest profit of 17.8 million DKK, indicating a stabilization phase. However, this is a marked decline from 2022's revenue of 5.69 billion DKK and profit of 357.1 million DKK, suggesting ongoing challenges in maintaining profitability and revenue levels. The equity position has decreased significantly from 813.1 million DKK in 2021 to 344.1 million DKK in 2024, raising concerns about financial stability and operational efficiency within the competitive fossil fuel industry.

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Overview

Company type: A/S; Aktieselskab
Address: Melbyvej 17, 4400 Kalundborg; KALUNDBORG; 4400 Kalundborg; Find nearby companies
Founded: 26.10.2006

Details

Industry: Fremstilling af raffinerede mineralolieprodukter og fossile brændstoffer; Code: 192000
Secondary industries: Engroshandel med fast, flydende og luftformigt brændstof og lignende varer (468100)
Employees: 335 employees; 330 FTE; (2018)
Capital: 195.700.000 kr.

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Purpose

Selskabets formål er fremstilling, raffinering, transport af og handel med olie og produkter deraf samt virksomhed, der efter direktionens skøn står i forbindelse hermed, endvidere deltagelse i lignende virksomheder i eller uden for Danmark