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Kalundborg Refinery A/S: Financial statements 2017

CVR: 29975884

Source: annual report 2017, Danish Business Authority

01/01/2017 – 31/12/2017

Kalundborg Refinery A/S (CVR 29975884) has filed annual accounts for 2017. In 2017, the company reported revenue of DKK 20,910,231,000 and a net result of DKK 1,014,631,000 compared with DKK 345,568,000 the year before. That is an increase of 30.9% compared with the year before. The profit margin was 4.9%. Equity in the 2017 report amounted to DKK 3,769,564,000. The solvency ratio was 57.5%. The company had 329 employees in the financial year.

Revenue
DKK 20,910,231,000
Gross Profit
DKK 1,126,148,000
Profit/Loss
DKK 1,014,631,000
Equity
DKK 3,769,564,000
Total Assets
DKK 6,557,149,000
Employees
329

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
201720.9B1.1B1B3.8B329
201616B508.8M345.6M4B335
201519.4B-1.1B3.6B362
201425.5B--1.7B1.1B383
201329.6B-1.6B-1.6B1.2B395

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Events in 2017

Kalundborg Refinery A/S: The 2016 annual report is outMay 30, 2017

Kalundborg Refinery A/S has published its annual report for 2016. Revenue came to DKK 15,977,883,000, and the net result was DKK 345,568,000.

Hanne Smedvig joins the board of Kalundborg Refinery A/SJan 12, 2017

As of January 12, 2017, Hanne Smedvig has joined the board of directors of Kalundborg Refinery A/S.

Lars Johan Mølster leaves the board of Kalundborg Refinery A/SJan 12, 2017

As of January 12, 2017, Lars Johan Mølster has left the board of directors of Kalundborg Refinery A/S.

About Kalundborg Refinery A/S

Kalundborg Refinery A/S is a Danish company of the type Aktieselskab based in Kalundborg, founded in 2006. The company is registered under the industry Fremstilling af raffinerede mineralolieprodukter og fossile brændstoffer. The company was previously named Equinor Refining Denmark A/S and STATOIL REFINING DENMARK A/S. The management consists of Kurt Bjerre. The board consists of Allan Gary Edward Klesch (chair), Jesus Tamara Velasco, Joseph Zammit Tabona and Juergen Wollschlaeger. The company is owned by Klesch Refining Denmark A/S. The company has 398 employees (2026). In 2025, the company reported revenue of EUR 3,434,740,000 and a net result of EUR 11,634,000 compared with EUR 17,795,000 the year before. Equity in the 2025 report amounted to EUR 360,713,000.

Source: annual report 2025, Danish Business Authority