Owners, management and financials
CVR: 34734623
Secondary names: BIONATURGAS VAARST A/S, NGF NATURE ENERGY VAARST A/S, NATURE ENERGY VAARST A/S
DKK 1,255,000
Gross profit
Net result: DKK -18,175,000
Shell Biogas A/S (100%)
CVR · view owners
Steen Asferg Rasmussen
Board: Lisa Bo Larsen (chair) and 2 members
CVR · view management
Active
Founded 8 November 2012
CVR · view overview
10 employees
Annual report 2025 · average
Director registered: Steen Asferg Rasmussen
CVR · 27/10/2025
View the full event history
Shell Vaarst Biogas A/S is a Danish company of the type Aktieselskab based in Odense SØ, founded in 2012. The company is registered under the industry Produktion af gas. The management consists of Steen Asferg Rasmussen. The board consists of Lisa Bo Larsen (chair), Thomas Rathkjen and Steen Asferg Rasmussen. The company is owned by Shell Biogas A/S. According to the 2025 annual report, the company had an average of 10 employees. In 2025, the company reported a gross profit of DKK 1,255,000 and a net result of DKK -18,175,000 compared with DKK -21,797,000 the year before. Equity in the 2025 report amounted to DKK 38,880,000.
Source: annual report 2025, Danish Business Authority
The financial health of Shell Vaarst Biogas A/S appears to be concerning, with significant losses reported over the past few years. In 2025, the company recorded a gross profit of 1,255,000 DKK but faced a substantial loss of 18,175,000 DKK, indicating ongoing profitability challenges. The trend shows a decline in gross profit from 38,383,000 DKK in 2021 to a negative gross profit in subsequent years, raising concerns about operational efficiency and market positioning. Equity has fluctuated dramatically, from a negative position of -11,106,000 DKK in 2022 to 38,880,000 DKK in 2025, suggesting instability and potential reliance on external financing. Overall, the company is struggling to establish a stable foothold in the gas production industry amidst these financial challenges.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive virksomhed med produktion og opgradering af bionaturgas samt dermed beslægtet virksomhed
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 1.3 mio. | -18.2 mio. | 106.4 mio. | 38.9 mio. | 10 | |
| 202401/01/2024 – 31/12/2024 | -3.4 mio. | -21.8 mio. | 107 mio. | 7.1 mio. | 9 | |
| 202301/01/2023 – 31/12/2023 | -314 t. | -21.4 mio. | 91.9 mio. | 28.9 mio. | 9 | |
| 202201/01/2022 – 31/12/2022 | 1.2 mio. | -16.4 mio. | 108.5 mio. | -11.1 mio. | 9 | |
| 202101/01/2021 – 31/12/2021 | 38.4 mio. | 12.3 mio. | 131.2 mio. | 5.3 mio. | 8 | |
| 202001/01/2020 – 31/12/2020 | 11.3 mio. | -8.6 mio. | 113.1 mio. | -6.9 mio. | 8 | |
| 201901/01/2019 – 31/12/2019 | 4.4 mio. | -14.4 mio. | 115.2 mio. | 1.6 mio. | 8 | |
| 201801/01/2018 – 31/12/2018 | 20 mio. | -1.3 mio. | 117.2 mio. | 16.1 mio. | 8 | |
| 201701/01/2017 – 31/12/2017 | 12.6 mio. | -3.9 mio. | 122.3 mio. | 17.3 mio. | 8 | |
| 201601/01/2016 – 31/12/2016 | 4.5 mio. | 146 t. | 102.2 mio. | 21.1 mio. | 5 | |
| 201501/01/2015 – 31/12/2015 | 4.5 mio. | 488 t. | 69.7 mio. | 21 mio. | 3 | |
| 201401/01/2014 – 31/12/2014 | 3.3 mio. | 1.1 mio. | 26.8 mio. | 20.5 mio. | 3 |
Compared to 133 companies in Produktion af gas
Comparison is based on industry median values
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See the API documentationThe CVR number of Shell Vaarst Biogas A/S is 34734623.
Shell Vaarst Biogas A/S is owned by Shell Biogas A/S.
The management of Shell Vaarst Biogas A/S consists of Steen Asferg Rasmussen.
The board of Shell Vaarst Biogas A/S consists of Lisa Bo Larsen, Thomas Rathkjen and Steen Asferg Rasmussen, with Lisa Bo Larsen as chair.
In 2025, Shell Vaarst Biogas A/S reported a gross profit of DKK 1,255,000.
Shell Vaarst Biogas A/S had an average of 10 employees in the 2025 financial year according to the annual report.
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Shell Vaarst Biogas A/S has published its annual report for 2025. Gross profit came to DKK 1,255,000, and the net result was DKK -18,175,000.
As of October 27, 2025, Steen Asferg Rasmussen has joined the board of directors of Shell Vaarst Biogas A/S.
As of October 27, 2025, Anne Worsaae Haugaard has left the board of directors of Shell Vaarst Biogas A/S.
As of October 27, 2025, Steen Asferg Rasmussen is registered as director of Shell Vaarst Biogas A/S.
As of October 27, 2025, Thomas de Boer has stepped down as director of Shell Vaarst Biogas A/S.
As of September 1, 2025, Lisa Bo Larsen has joined the board of directors of Shell Vaarst Biogas A/S.
As of September 1, 2025, Anne Worsaae Haugaard has joined the board of directors of Shell Vaarst Biogas A/S.
As of September 1, 2025, Simon John Crook has left the board of directors of Shell Vaarst Biogas A/S.
As of September 1, 2025, Thomas de Boer is registered as director of Shell Vaarst Biogas A/S.
As of September 1, 2025, Søren Juul Sandvei has stepped down as director of Shell Vaarst Biogas A/S.
As of August 31, 2025, Lisa Bo Larsen has left the board of directors of Shell Vaarst Biogas A/S.
Shell Vaarst Biogas A/S has published its annual report for 2024. Gross profit came to DKK -3,389,000, and the net result was DKK -21,797,000.
As of August 16, 2024, Simon John Crook has joined the board of directors of Shell Vaarst Biogas A/S.
As of August 16, 2024, Lykke Spillehus has left the board of directors of Shell Vaarst Biogas A/S.
Shell Vaarst Biogas A/S has published its annual report for 2023. Gross profit came to DKK -314,000, and the net result was DKK -21,447,000.
As of April 18, 2024, Thomas Rathkjen has joined the board of directors of Shell Vaarst Biogas A/S.
As of April 18, 2024, Claus Dreyer Jessen has left the board of directors of Shell Vaarst Biogas A/S.
As of January 26, 2024, Lisa Bo Larsen has joined the board of directors of Shell Vaarst Biogas A/S.
As of January 26, 2024, Claus Dreyer Jessen has joined the board of directors of Shell Vaarst Biogas A/S.
As of January 26, 2024, Ole Hvelplund has left the board of directors of Shell Vaarst Biogas A/S.
As of January 26, 2024, Kim Kragelund has left the board of directors of Shell Vaarst Biogas A/S.
As of September 28, 2023, EY Godkendt Revisionspartnerselskab has been appointed auditor of Shell Vaarst Biogas A/S.
As of September 28, 2023, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Shell Vaarst Biogas A/S.
Shell Vaarst Biogas A/S has published its annual report for 2022. Gross profit came to DKK 1,203,000, and the net result was DKK -16,449,000.
As of January 11, 2023, Lykke Spillehus has joined the board of directors of Shell Vaarst Biogas A/S.
As of January 11, 2023, Henrik Højager Nielsen has left the board of directors of Shell Vaarst Biogas A/S.
Shell Vaarst Biogas A/S has published its annual report for 2021. Gross profit came to DKK 38,383,000, and the net result was DKK 12,286,000.
As of November 1, 2021, Kim Kragelund has joined the board of directors of Shell Vaarst Biogas A/S.
As of November 1, 2021, Jens Kristian Emborg has left the board of directors of Shell Vaarst Biogas A/S.
As of November 1, 2021, Lars Søgaard has left the board of directors of Shell Vaarst Biogas A/S.
As of October 31, 2021, Kim Kragelund has left the board of directors of Shell Vaarst Biogas A/S.
As of August 20, 2021, Shell Biogas A/S is registered as an owner of Shell Vaarst Biogas A/S with an ownership share of 100%.
Shell Vaarst Biogas A/S has published its annual report for 2020. Gross profit came to DKK 11,344,000, and the net result was DKK -8,553,000.
As of June 18, 2020, Søren Juul Sandvei is registered as director of Shell Vaarst Biogas A/S.
As of June 18, 2020, Hans Henrik Dahl Andersen has stepped down as adm. dir. of Shell Vaarst Biogas A/S.
As of June 8, 2020, Ole Hvelplund has joined the board of directors of Shell Vaarst Biogas A/S.
As of June 8, 2020, Henrik Højager Nielsen has joined the board of directors of Shell Vaarst Biogas A/S.
As of June 8, 2020, Hans Henrik Dahl Andersen has left the board of directors of Shell Vaarst Biogas A/S.
As of June 7, 2020, Ole Hvelplund has left the board of directors of Shell Vaarst Biogas A/S.
Shell Vaarst Biogas A/S has published its annual report for 2019. Gross profit came to DKK 4,361,000, and the net result was DKK -14,444,000.
Shell Vaarst Biogas A/S has published its annual report for 2018. Gross profit came to DKK 19,959,000, and the net result was DKK -1,259,000.
Shell Vaarst Biogas A/S has published its annual report for 2017. Gross profit came to DKK 12,636,000, and the net result was DKK -3,857,000.
Shell Vaarst Biogas A/S has published its annual report for 2016. Gross profit came to DKK 4,476,000, and the net result was DKK 146,000.
As of May 24, 2016, Ole Hvelplund has joined the board of directors of Shell Vaarst Biogas A/S.
As of May 24, 2016, Hans Duus Jørgensen has left the board of directors of Shell Vaarst Biogas A/S.
As of April 8, 2016, Hans Henrik Dahl Andersen has joined the board of directors of Shell Vaarst Biogas A/S.
As of April 8, 2016, Lisbeth Sevelius Ljungstrøm has left the board of directors of Shell Vaarst Biogas A/S.
As of April 8, 2016, Hans Henrik Dahl Andersen is registered as adm. dir. of Shell Vaarst Biogas A/S.
As of April 8, 2016, Lisbeth Sevelius Ljungstrøm has stepped down as adm. dir. of Shell Vaarst Biogas A/S.
Shell Vaarst Biogas A/S has published its annual report for 2015. Gross profit came to DKK 4,456,000, and the net result was DKK 488,000.
Shell Vaarst Biogas A/S has published its annual report for 2014. Gross profit came to DKK 3,329,000, and the net result was DKK 1,052,000.
As of February 19, 2015, Kim Kragelund has joined the board of directors of Shell Vaarst Biogas A/S.
As of February 19, 2015, Henrik Rosholm Agerskov has left the board of directors of Shell Vaarst Biogas A/S.
As of July 14, 2014, Lisbeth Sevelius Ljungstrøm has joined the board of directors of Shell Vaarst Biogas A/S.
As of July 14, 2014, Henrik Rosholm Agerskov has joined the board of directors of Shell Vaarst Biogas A/S.
As of July 14, 2014, Jørn Windahl has left the board of directors of Shell Vaarst Biogas A/S.
As of July 14, 2014, Ole Hvelplund has left the board of directors of Shell Vaarst Biogas A/S.
Shell Vaarst Biogas A/S has published its interim report for the period November 8, 2012 – December 31, 2013.
As of December 9, 2013, Ole Hvelplund has joined the board of directors of Shell Vaarst Biogas A/S.
As of December 9, 2013, Bjarke Pålsson has left the board of directors of Shell Vaarst Biogas A/S.
As of October 21, 2013, Jens Kristian Emborg has joined the board of directors of Shell Vaarst Biogas A/S.
As of October 21, 2013, Lars Søgaard has joined the board of directors of Shell Vaarst Biogas A/S.
As of October 7, 2013, Jørn Windahl has joined the board of directors of Shell Vaarst Biogas A/S.
As of October 7, 2013, Hans Duus Jørgensen has joined the board of directors of Shell Vaarst Biogas A/S.
As of October 7, 2013, Bjarke Pålsson has joined the board of directors of Shell Vaarst Biogas A/S.
As of October 7, 2013, Lisbeth Sevelius Ljungstrøm is registered as adm. dir. of Shell Vaarst Biogas A/S.
As of October 7, 2013, Hans Duus Jørgensen has stepped down as director of Shell Vaarst Biogas A/S.
As of November 8, 2012, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Shell Vaarst Biogas A/S.
As of November 8, 2012, Hans Duus Jørgensen is registered as director of Shell Vaarst Biogas A/S.
Shell Vaarst Biogas A/S was founded on November 8, 2012.
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