Kalundborg Refinery A/S: Financial statements 2019
CVR: 29975884
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
Kalundborg Refinery A/S (CVR 29975884) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 20,588,212,000 and a net result of DKK 557,825,000 compared with DKK 836,595,000 the year before. That is a decrease of 10.5% compared with the year before. The profit margin was 2.7%. Equity in the 2019 report amounted to DKK 4,463,984,000. The solvency ratio was 57.3%. The company had 338 employees in the financial year.
- Revenue
- DKK 20,588,212,000
- Gross Profit
- DKK 883,333,000
- Profit/Loss
- DKK 557,825,000
- Equity
- DKK 4,463,984,000
- Total Assets
- DKK 7,787,158,000
- Employees
- 338
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 20.6B | 883.3M | 557.8M | 4.5B | 338 |
| 2018 | 23B | 969.2M | 836.6M | 3.9B | 339 |
| 2017 | 20.9B | 1.1B | 1B | 3.8B | 329 |
| 2016 | 16B | 508.8M | 345.6M | 4B | 335 |
| 2015 | 19.4B | - | 1.1B | 3.6B | 362 |
Official annual report
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As of October 1, 2019, Jofrid Tone Klokkehaug has joined the board of directors of Kalundborg Refinery A/S.
As of October 1, 2019, Sølvi Storsætter Bjørgum is registered as adm. dir. of Kalundborg Refinery A/S.
As of October 1, 2019, Jofrid Tone Klokkehaug has stepped down as adm. dir. of Kalundborg Refinery A/S.
As of September 30, 2019, Michael John Adam Serink has left the board of directors of Kalundborg Refinery A/S.
Kalundborg Refinery A/S has published its annual report for 2018. Revenue came to DKK 23,007,458,000, and the net result was DKK 836,595,000.
As of May 3, 2019, EY Godkendt Revisionspartnerselskab has been appointed auditor of Kalundborg Refinery A/S.
As of May 3, 2019, KPMG P/S has stepped down as auditor of Kalundborg Refinery A/S.
As of April 1, 2019, Giuseppina Ragone has joined the board of directors of Kalundborg Refinery A/S.
As of April 1, 2019, Tore Aarreberg has joined the board of directors of Kalundborg Refinery A/S.
As of April 1, 2019, Torben Haurum 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.