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Kalundborg Refinery A/S: Financial statements 2018

CVR: 29975884

Source: annual report 2018, Danish Business Authority

01/01/2018 – 31/12/2018

Kalundborg Refinery A/S (CVR 29975884) has filed annual accounts for 2018. In 2018, the company reported revenue of DKK 23,007,458,000 and a net result of DKK 836,595,000 compared with DKK 1,014,631,000 the year before. That is an increase of 10% compared with the year before. The profit margin was 3.6%. Equity in the 2018 report amounted to DKK 3,906,159,000. The solvency ratio was 70.9%. The company had 339 employees in the financial year.

Revenue
DKK 23,007,458,000
Gross Profit
DKK 969,176,000
Profit/Loss
DKK 836,595,000
Equity
DKK 3,906,159,000
Total Assets
DKK 5,509,503,000
Employees
339

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
201823B969.2M836.6M3.9B339
201720.9B1.1B1B3.8B329
201616B508.8M345.6M4B335
201519.4B-1.1B3.6B362
201425.5B--1.7B1.1B383

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Events in 2018

Grete Birgitte Haaland joins the board of Kalundborg Refinery A/SAug 29, 2018

As of August 29, 2018, Grete Birgitte Haaland has joined the board of directors of Kalundborg Refinery A/S.

Mette Ferkingstad joins the board of Kalundborg Refinery A/SAug 29, 2018

As of August 29, 2018, Mette Ferkingstad has joined the board of directors of Kalundborg Refinery A/S.

Lars Rosenløv Jensen leaves the board of Kalundborg Refinery A/SAug 29, 2018

As of August 29, 2018, Lars Rosenløv Jensen has left the board of directors of Kalundborg Refinery A/S.

Hanne Smedvig leaves the board of Kalundborg Refinery A/SAug 29, 2018

As of August 29, 2018, Hanne Smedvig has left the board of directors of Kalundborg Refinery A/S.

Niels Bech joins the board of Kalundborg Refinery A/SJun 22, 2018

As of June 22, 2018, Niels Bech has joined the board of directors of Kalundborg Refinery A/S.

Bjarne Grothe leaves the board of Kalundborg Refinery A/SJun 22, 2018

As of June 22, 2018, Bjarne Grothe has left the board of directors of Kalundborg Refinery A/S.

Kalundborg Refinery A/S: The 2017 annual report is outMay 25, 2018

Kalundborg Refinery A/S has published its annual report for 2017. Revenue came to DKK 20,910,231,000, and the net result was DKK 1,014,631,000.

STATOIL REFINING DENMARK A/S changes name to Equinor Refining Denmark A/SMay 24, 2018

On May 24, 2018, the company changed its name from STATOIL REFINING DENMARK A/S to Equinor Refining Denmark A/S.

Giuseppina Ragone joins the board of Kalundborg Refinery A/SMay 16, 2018

As of May 16, 2018, Giuseppina Ragone has joined the board of directors of Kalundborg Refinery A/S.

Michael John Adam Serink joins the board of Kalundborg Refinery A/SMay 16, 2018

As of May 16, 2018, Michael John Adam Serink has joined 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