Kalundborg Refinery A/S: Financial statements 2020
CVR: 29975884
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Kalundborg Refinery A/S (CVR 29975884) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 12,388,787,000 and a net result of DKK -1,565,311,000 compared with DKK 557,825,000 the year before. That is a decrease of 39.8% compared with the year before. The profit margin was -12.6%. Equity in the 2020 report amounted to DKK 2,898,673,000. The solvency ratio was 50.7%. The company had 348 employees in the financial year.
- Revenue
- DKK 12,388,787,000
- Profit/Loss
- DKK -1,565,311,000
- Equity
- DKK 2,898,673,000
- Total Assets
- DKK 5,715,676,000
- Employees
- 348
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 12.4B | - | -1.6B | 2.9B | 348 |
| 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 |
Official annual report
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Kalundborg Refinery A/S has published its annual report for 2019. Revenue came to DKK 20,588,212,000, and the net result was DKK 557,825,000.
As of May 13, 2020, Sidsel Lokna has joined the board of directors of Kalundborg Refinery A/S.
As of May 13, 2020, Ole-Tobias Frich has joined the board of directors of Kalundborg Refinery A/S.
As of May 13, 2020, Giuseppina Ragone has left the board of directors of Kalundborg Refinery A/S.
As of May 13, 2020, Mette Ferkingstad 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.