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Navitas Grid A/S: Financial statements 2020

CVR: 31894522

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

Navitas Grid A/S (CVR 31894522) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK -3,698,000 and a net result of DKK -3,016,000 compared with DKK -10,934,000 the year before. Equity in the 2020 report amounted to DKK 47,546,000. The solvency ratio was 98.3%.

Gross Profit
DKK -3,698,000
Profit/Loss
DKK -3,016,000
Equity
DKK 47,546,000
Total Assets
DKK 48,364,000

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020--3.7 mio.-3 mio.47.5 mio.-
2019--3.9 mio.-10.9 mio.50.6 mio.-
2018-23 mio.16.4 mio.61.5 mio.0
2017-4.3 mio.-1.5 mio.45 mio.-
2016-5.1 mio.-49.5 mio.46.5 mio.-

Official annual report

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Events in 2020

Navitas Grid A/S: The 2019 annual report is outApr 2, 2020

Navitas Grid A/S has published its annual report for 2019. Gross profit came to DKK -3,857,000, and the net result was DKK -10,934,000.

About Navitas Grid A/S

Navitas Grid A/S is a Danish company of the type Aktieselskab based in Ballerup, founded in 2008. The company is registered under the industry El-installation. The company was previously named Vattenfall Network Solutions A/S and VT SHIPPING A/S. The management consists of Kasper Ova Sivebæk. The board consists of Emil Ova Sivebæk (chair), Bing Bai, Kasper Ova Sivebæk and Lok Raj Sharma. The company is owned by Navitas Digital Heat ApS. The company has 1 employee (2026). In 2025, the company reported a gross profit of DKK 330,478 and a net result of DKK -5,925,920 compared with DKK -14,309,000 the year before. Equity in the 2025 report amounted to DKK 11,373,558.

Source: annual report 2025, Danish Business Authority