Owners, management and financials
CVR: 30536142
Secondary names: Biomassefyret Kraftvarmeværk A/S, AffaldVarme Aarhus Biomasse A/S
Previous names: BIOMASSEFYRET KRAFTVARMEVÆRK A/S, AffaldVarme Aarhus Biomasse A/S
DKK 379,961,000
Revenue
Net result: DKK 53,385,000
Kredsløb Holding A/S (100%)
CVR · view owners
Bjarne Munk Jensen, Thomas Elgaard Jensen
Board: Thomas John Rand (chair) and 10 members
CVR · view management
Active
Founded 6 May 2014
CVR · view overview
0 employees
Annual report 2025 · average
Director registered: Thomas Elgaard Jensen
CVR · 01/05/2022
View the full event history
Kredsløb Halmenergi A/S is a Danish company of the type Aktieselskab based in Aarhus N, founded in 2014. The company is registered under the industry Fjernvarmeforsyning. The company was previously named AffaldVarme Aarhus Biomasse A/S and BIOMASSEFYRET KRAFTVARMEVÆRK A/S. The management consists of Bjarne Munk Jensen and Thomas Elgaard Jensen. The board consists of Thomas John Rand (chair), Matilde Kirstine Bræmer Dueholm, Christian Brinkmann Damsgaard and Hanne Tokkesdal Jensen. The company is owned by Kredsløb Holding A/S. According to the 2025 annual report, the company had an average of 0 employees. In 2025, the company reported revenue of DKK 379,961,000 and a net result of DKK 53,385,000 compared with DKK 58,363,000 the year before. Equity in the 2025 report amounted to DKK 75,132,000.
Source: annual report 2025, Danish Business Authority
Kredsløb Halmenergi A/S demonstrates a fluctuating financial trajectory, with a notable decline in both revenue and profit from 2022 to 2023, where revenue dropped from 497.8 million DKK to 337.4 million DKK and profit fell from 187.1 million DKK to 46.2 million DKK. However, the company has shown recovery in 2024 and 2025, with revenue increasing to 371.2 million DKK and 380.0 million DKK respectively, alongside profits of 58.4 million DKK and 53.4 million DKK. Despite a strong equity position of 75.1 million DKK in 2025, down from a peak of 239.9 million DKK in 2022, the declining profit margins raise concerns about sustainability. Overall, Kredsløb Halmenergi A/S remains a significant player in the district heating industry, but its recent volatility necessitates close monitoring of its financial health.
AI-generated summary · Generated 17/06/2026
Selskabets formål er at producere varme og el på vedvarende energikilder og varetage dermed beslægtede aktiviteter. Selskabet skal drive effektiv forsyningsvirksomhed, som fremmer samfundsøkonomisk og miljøvenlig anvendelse af energi, høj forsyningssikkerhed og grøn omstilling.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 380 mio. | 53.4 mio. | 877.1 mio. | 75.1 mio. | 0 | |
| 202401/01/2024 – 31/12/2024 | 371.2 mio. | 58.4 mio. | 911.3 mio. | 71.4 mio. | 0 | |
| 202301/01/2023 – 31/12/2023 | 337.4 mio. | 46.2 mio. | 916.3 mio. | 86.9 mio. | - | |
| 202201/01/2022 – 31/12/2022 | 497.8 mio. | 187.1 mio. | 1.2 mia. | 240 mio. | - | |
| 202101/01/2021 – 31/12/2021 | 268.8 mio. | 20.8 mio. | 878.8 mio. | 21.3 mio. | - | |
| 202001/01/2020 – 31/12/2020 | 241.1 mio. | 0 | 824 mio. | 500 t. | - | |
| 201901/01/2019 – 31/12/2019 | 220.5 mio. | 0 | 857.1 mio. | 500 t. | 9 | |
| 201801/01/2018 – 31/12/2018 | 190.4 mio. | 0 | 888.5 mio. | 500 t. | 3 | |
| 201701/01/2017 – 31/12/2017 | 170.7 mio. | 0 | 954.9 mio. | 500 t. | 6 | |
| 201601/01/2016 – 31/12/2016 | 4 mio. | 0 | 967 mio. | 500 t. | 3 | |
| 201501/01/2015 – 31/12/2015 | 1.2 mio. | 0 | 604.7 mio. | 500 t. | - |
Compared to 119 companies in Fjernvarmeforsyning
Comparison is based on industry median values
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Read about the CDS scoreThe CVR number of Kredsløb Halmenergi A/S is 30536142.
Kredsløb Halmenergi A/S is owned by Kredsløb Holding A/S.
The management of Kredsløb Halmenergi A/S consists of Bjarne Munk Jensen and Thomas Elgaard Jensen.
The board of Kredsløb Halmenergi A/S consists of Thomas John Rand, Matilde Kirstine Bræmer Dueholm and Christian Brinkmann Damsgaard, with Thomas John Rand as chair.
In 2025, Kredsløb Halmenergi A/S reported revenue of DKK 379,961,000.
Kredsløb Halmenergi A/S had an average of 0 employees in the 2025 financial year according to the annual report.
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Contact info changed: new email: [email protected], new website: www.kredslob.dk (June 17, 2026).
As of June 17, 2026, Søren Adamsen has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Thomas John Rand has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Jakob Søgaard Clausen has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Laura Hay Uggla has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Trine Lindegaard Holmberg has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Jens Rishøj Skov has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Hanne Tokkesdal Jensen has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Mohat Bashir Yussuf has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Matilde Kirstine Bræmer Dueholm has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Lejla Mesanovic has joined the board of directors of Kredsløb Halmenergi A/S.
As of June 17, 2026, Christian Brinkmann Damsgaard has joined the board of directors of Kredsløb Halmenergi A/S.
Kredsløb Halmenergi A/S has published its annual report for 2025. Revenue came to DKK 379,961,000, and the net result was DKK 53,385,000.
As of June 16, 2026, Bjarne Munk Jensen has left the board of directors of Kredsløb Halmenergi A/S.
As of June 16, 2026, Elsebeth Arendt has left the board of directors of Kredsløb Halmenergi A/S.
As of June 16, 2026, Lisbeth Hjortborg Jensen has left the board of directors of Kredsløb Halmenergi A/S.
Kredsløb Halmenergi A/S has published its annual report for 2024. Revenue came to DKK 371,154,000, and the net result was DKK 58,363,000.
As of September 3, 2024, Lisbeth Hjortborg Jensen has joined the board of directors of Kredsløb Halmenergi A/S.
As of September 3, 2024, Lone Paulsen has left the board of directors of Kredsløb Halmenergi A/S.
Kredsløb Halmenergi A/S has published its annual report for 2023. Revenue came to DKK 337,383,000, and the net result was DKK 46,240,000.
Kredsløb Halmenergi A/S has published its annual report for 2022. Revenue came to DKK 497,807,000, and the net result was DKK 187,071,000.
Kredsløb Halmenergi A/S has published its annual report for 2021. Revenue came to DKK 268,797,000, and the net result was DKK 20,834,000.
As of May 1, 2022, Thomas Elgaard Jensen is registered as director of Kredsløb Halmenergi A/S.
As of May 1, 2022, Bjarne Munk Jensen is registered as adm. dir. of Kredsløb Halmenergi A/S.
As of April 30, 2022, Bjarne Munk Jensen has stepped down as director of Kredsløb Halmenergi A/S.
On November 19, 2021, the company changed its name from AffaldVarme Aarhus Biomasse A/S to Kredsløb Halmenergi A/S.
Kredsløb Halmenergi A/S has published its annual report for 2020. Revenue came to DKK 241,099,000, and the net result was DKK 0.
As of September 19, 2020, Bjarne Munk Jensen has joined the board of directors of Kredsløb Halmenergi A/S.
As of September 19, 2020, Lone Paulsen has joined the board of directors of Kredsløb Halmenergi A/S.
As of September 19, 2020, Elsebeth Arendt has joined the board of directors of Kredsløb Halmenergi A/S.
As of September 19, 2020, Christian Andersen-Mølgaard has left the board of directors of Kredsløb Halmenergi A/S.
As of September 19, 2020, Henrik Seiding has left the board of directors of Kredsløb Halmenergi A/S.
As of September 19, 2020, Peter Pedersen has left the board of directors of Kredsløb Halmenergi A/S.
Kredsløb Halmenergi A/S has published its annual report for 2019. Revenue came to DKK 220,499,000, and the net result was DKK 0.
As of December 31, 2019, Kredsløb Holding A/S is registered as an owner of Kredsløb Halmenergi A/S with an ownership share of 100%.
As of December 13, 2019, Christian Andersen-Mølgaard has joined the board of directors of Kredsløb Halmenergi A/S.
As of December 13, 2019, Peter Pedersen has joined the board of directors of Kredsløb Halmenergi A/S.
As of December 13, 2019, Michael Gøte Johansson has left the board of directors of Kredsløb Halmenergi A/S.
As of December 13, 2019, Lone Paulsen has left the board of directors of Kredsløb Halmenergi A/S.
On November 29, 2019, the company changed its name from BIOMASSEFYRET KRAFTVARMEVÆRK A/S to AffaldVarme Aarhus Biomasse A/S.
Kredsløb Halmenergi A/S has published its annual report for 2018. Revenue came to DKK 190,398,000, and the net result was DKK 0.
As of June 18, 2018, Lone Paulsen has joined the board of directors of Kredsløb Halmenergi A/S.
Kredsløb Halmenergi A/S has published its annual report for 2017. Revenue came to DKK 170,717,297, and the net result was DKK 0.
As of May 22, 2018, Henrik Seiding has joined the board of directors of Kredsløb Halmenergi A/S.
As of May 22, 2018, Erik Jespersen has left the board of directors of Kredsløb Halmenergi A/S.
As of May 22, 2018, Claus Nickelsen has left the board of directors of Kredsløb Halmenergi A/S.
Kredsløb Halmenergi A/S has published its annual report for 2016. Revenue came to DKK 3,975,260, and the net result was DKK 0.
Kredsløb Halmenergi A/S has published its annual report for 2015. Revenue came to DKK 1,208,930, and the net result was DKK 0.
Kredsløb Halmenergi A/S has published its interim report for the period May 6, 2014 – December 31, 2014.
As of May 26, 2015, EY Godkendt Revisionspartnerselskab has been appointed auditor of Kredsløb Halmenergi A/S.
As of May 26, 2015, A/S PSE 17 NR. 1056 has stepped down as auditor of Kredsløb Halmenergi A/S.
As of May 6, 2014, A/S PSE 17 NR. 1056 has been appointed auditor of Kredsløb Halmenergi A/S.
As of May 6, 2014, Erik Jespersen has joined the board of directors of Kredsløb Halmenergi A/S.
As of May 6, 2014, Michael Gøte Johansson has joined the board of directors of Kredsløb Halmenergi A/S.
As of May 6, 2014, Claus Nickelsen has joined the board of directors of Kredsløb Halmenergi A/S.
As of May 6, 2014, Bjarne Munk Jensen is registered as director of Kredsløb Halmenergi A/S.
Kredsløb Halmenergi A/S was founded on May 6, 2014.
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