CVR: 37783838
DKK 8,518,066
Gross profit
Net result: DKK 6,651,626
Elify Energy Norge AS
CVR · view ownership and management
Director registered: Britt Annica Marie Andersson
CVR · 29/01/2025
View the full event history
Cheap Energy Danmark ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2016. The company is registered under the industry Anden handel med elektricitet. The management consists of Martin Henrik Gustafsson, Jimmy Lindberg and Britt Annica Marie Andersson. The company is owned by Elify Energy Norge AS. The company has 3 employees (2018). In 2025, the company reported a gross profit of DKK 8,518,066 and a net result of DKK 6,651,626 compared with DKK 12,332,762 the year before. Equity in the 2025 report amounted to DKK 8,275,490.
Source: annual report 2025, Danish Business Authority
The financial health of Cheap Energy Danmark ApS has shown a remarkable turnaround from significant losses to profitability over the past few years. In 2025, the company reported a gross profit of 8.5 million DKK and a profit of 6.7 million DKK, following a substantial recovery from a gross profit of -52.9 million DKK in 2022. However, the equity position remains a concern, with a previous negative equity of -34.7 million DKK in 2023, although it improved to 8.3 million DKK in 2025. The company's ability to shift from negative margins to positive profits indicates a strong recovery trajectory, positioning it favorably within the electricity trading industry.
AI-generated summary · Generated 13/08/2026
Selskabets formål er at handle med elektricitet, herunder deltagelse i andre virksomheder med lignende operationer, og køb og salg af aktier eller på anden måde gør sig interesseret i andre virksomheder
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 | 8.5 mio. | 6.7 mio. | 15.3 mio. | 8.3 mio. | 3 | |
| 202401/01/2024 – 31/12/2024 | 15.3 mio. | 12.3 mio. | 16.6 mio. | 1.6 mio. | 1 | |
| 202301/01/2023 – 31/12/2023 | 33.4 mio. | 37.8 mio. | 25.5 mio. | -34.7 mio. | 1 | |
| 202201/01/2022 – 31/12/2022 | -52.9 mio. | -44.8 mio. | 34 mio. | -72.5 mio. | 1 | |
| 202101/01/2021 – 31/12/2021 | -20 mio. | -22.9 mio. | 29.1 mio. | -27.7 mio. | 2 | |
| 202001/01/2020 – 31/12/2020 | 374 t. | -944 t. | 6.8 mio. | -4.9 mio. | 1 | |
| 201901/01/2019 – 31/12/2019 | 1.1 mio. | 337 t. | 4 mio. | -3.9 mio. | 2 | |
| 201801/01/2018 – 31/12/2018 | 99 t. | -1.8 mio. | 7.1 mio. | -4.3 mio. | 2 | |
| 201701/01/2017 – 31/12/2017 | -1.5 mio. | -2.8 mio. | 2.2 mio. | -2.5 mio. | 0 |
Compared to 186 companies in Anden handel med elektricitet
Comparison is based on industry median values
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See the API documentationCheap Energy Danmark ApS was founded on 1 June 2016.
Cheap Energy Danmark ApS is registered under the industry Anden handel med elektricitet (industry code 351590).
Cheap Energy Danmark ApS had 3 employees in 2018 according to the Danish CVR register.
Cheap Energy Danmark ApS is owned by Elify Energy Norge AS.
gnpenergy.dk belongs to Cheap Energy Danmark ApS, CVR number 37783838.
In 2025, Cheap Energy Danmark ApS reported a gross profit of DKK 8,518,066.
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Cheap Energy Danmark ApS has published its annual report for 2025. Gross profit came to DKK 8,518,066, and the net result was DKK 6,651,626.
Cheap Energy Danmark ApS has published its annual report for 2024. Gross profit came to DKK 15,258,024, and the net result was DKK 12,332,762.
As of January 29, 2025, Britt Annica Marie Andersson is registered as director of Cheap Energy Danmark ApS.
As of January 9, 2025, Martin Henrik Gustafsson is registered as director of Cheap Energy Danmark ApS.
As of January 9, 2025, Jimmy Lindberg is registered as director of Cheap Energy Danmark ApS.
As of January 9, 2025, Espen Halvorsen has stepped down as adm. dir. of Cheap Energy Danmark ApS.
Cheap Energy Danmark ApS has published its annual report for 2023. Gross profit came to DKK 33,359,291, and the net result was DKK 37,803,439.
As of December 29, 2023, Espen Halvorsen is registered as adm. dir. of Cheap Energy Danmark ApS.
As of December 29, 2023, Glenn Nøstdahl has stepped down as director of Cheap Energy Danmark ApS.
Cheap Energy Danmark ApS has published its annual report for 2022. Gross profit came to DKK -52,886,164, and the net result was DKK -44,790,493.
As of June 27, 2023, KPMG P/S has been appointed auditor of Cheap Energy Danmark ApS.
As of January 11, 2023, Ketil Sundal has left the board of directors of Cheap Energy Danmark ApS.
As of January 11, 2023, Gisle Kristian Sveva has left the board of directors of Cheap Energy Danmark ApS.
As of January 11, 2023, Kristian Joakim Renaas has left the board of directors of Cheap Energy Danmark ApS.
As of January 11, 2023, Glenn Nøstdahl is registered as director of Cheap Energy Danmark ApS.
As of January 11, 2023, Gisle Kristian Sveva has stepped down as director of Cheap Energy Danmark ApS.
Cheap Energy Danmark ApS has published its annual report for 2021. Gross profit came to DKK -20,043,687, and the net result was DKK -22,852,856.
As of November 11, 2021, Ketil Sundal has joined the board of directors of Cheap Energy Danmark ApS.
As of November 11, 2021, Gisle Kristian Sveva has joined the board of directors of Cheap Energy Danmark ApS.
As of November 11, 2021, Kristian Joakim Renaas has joined the board of directors of Cheap Energy Danmark ApS.
As of November 11, 2021, August Christian Johan Baumann has left the board of directors of Cheap Energy Danmark ApS.
As of November 11, 2021, Ole Kristian Gran Haga has left the board of directors of Cheap Energy Danmark ApS.
As of November 11, 2021, Sigrun Eggen has left the board of directors of Cheap Energy Danmark ApS.
As of November 11, 2021, Gisle Kristian Sveva is registered as director of Cheap Energy Danmark ApS.
As of November 11, 2021, August Christian Johan Baumann has stepped down as director of Cheap Energy Danmark ApS.
Cheap Energy Danmark ApS has published its annual report for 2020. Gross profit came to DKK 373,501, and the net result was DKK -944,486.
As of May 18, 2021, August Christian Johan Baumann has joined the board of directors of Cheap Energy Danmark ApS.
As of May 18, 2021, Lars Borup Vega-Pedersen has left the board of directors of Cheap Energy Danmark ApS.
As of May 18, 2021, August Christian Johan Baumann is registered as director of Cheap Energy Danmark ApS.
As of May 18, 2021, Sigrun Eggen has stepped down as director of Cheap Energy Danmark ApS.
Cheap Energy Danmark ApS has published its annual report for 2019. Gross profit came to DKK 1,085,714, and the net result was DKK 337,371.
As of December 2, 2019, Sigrun Eggen has joined the board of directors of Cheap Energy Danmark ApS.
As of December 2, 2019, Dag Storli has left the board of directors of Cheap Energy Danmark ApS.
As of December 2, 2019, Sigrun Eggen is registered as director of Cheap Energy Danmark ApS.
As of December 2, 2019, Dag Storli has stepped down as director of Cheap Energy Danmark ApS.
Cheap Energy Danmark ApS has published its annual report for 2018. Gross profit came to DKK 99,118, and the net result was DKK -1,789,679.
As of June 21, 2019, Dag Storli has joined the board of directors of Cheap Energy Danmark ApS.
As of June 21, 2019, Kent Marvin Eriksen Kvalvik has left the board of directors of Cheap Energy Danmark ApS.
As of June 21, 2019, Dag Storli is registered as director of Cheap Energy Danmark ApS.
As of June 21, 2019, Kent Marvin Eriksen Kvalvik has stepped down as director of Cheap Energy Danmark ApS.
As of November 21, 2018, Lars Borup Vega-Pedersen has joined the board of directors of Cheap Energy Danmark ApS.
As of November 21, 2018, Kent Marvin Eriksen Kvalvik has joined the board of directors of Cheap Energy Danmark ApS.
As of November 21, 2018, Ole Kristian Gran Haga has joined the board of directors of Cheap Energy Danmark ApS.
As of November 21, 2018, Martin Gustafsson has left the board of directors of Cheap Energy Danmark ApS.
As of November 21, 2018, Heidi Kirkeberg has left the board of directors of Cheap Energy Danmark ApS.
As of November 21, 2018, Kent Marvin Eriksen Kvalvik is registered as director of Cheap Energy Danmark ApS.
As of November 21, 2018, Ina Kjøller has stepped down as director of Cheap Energy Danmark ApS.
As of November 20, 2018, Kent Marvin Eriksen Kvalvik has left the board of directors of Cheap Energy Danmark ApS.
Cheap Energy Danmark ApS has published its annual report for 2017. Gross profit came to DKK -1,460,851, and the net result was DKK -2,764,681.
Cheap Energy Danmark ApS has published its interim report for the period June 1, 2016 – December 31, 2016.
As of January 9, 2017, Heidi Kirkeberg has joined the board of directors of Cheap Energy Danmark ApS.
As of January 9, 2017, Nils Morten Foss has left the board of directors of Cheap Energy Danmark ApS.
As of January 9, 2017, Ina Kjøller is registered as director of Cheap Energy Danmark ApS.
As of January 9, 2017, Nils Morten Foss has stepped down as director of Cheap Energy Danmark ApS.
As of October 6, 2016, Nils Morten Foss has joined the board of directors of Cheap Energy Danmark ApS.
As of October 6, 2016, Kent Marvin Eriksen Kvalvik has joined the board of directors of Cheap Energy Danmark ApS.
As of October 6, 2016, Martin Gustafsson has joined the board of directors of Cheap Energy Danmark ApS.
As of October 6, 2016, Peter Andreas Stakemann has left the board of directors of Cheap Energy Danmark ApS.
As of October 6, 2016, Thomas Jeffrey Malherbes Gullacksen has left the board of directors of Cheap Energy Danmark ApS.
As of October 6, 2016, Ulf Lund has left the board of directors of Cheap Energy Danmark ApS.
As of October 6, 2016, Nils Morten Foss is registered as director of Cheap Energy Danmark ApS.
As of October 6, 2016, Peter Andreas Stakemann has stepped down as director of Cheap Energy Danmark ApS.
As of October 6, 2016, is registered as an owner of Cheap Energy Danmark ApS with an ownership share of 100%.
As of June 1, 2016, Peter Andreas Stakemann has joined the board of directors of Cheap Energy Danmark ApS.
As of June 1, 2016, Thomas Jeffrey Malherbes Gullacksen has joined the board of directors of Cheap Energy Danmark ApS.
As of June 1, 2016, Ulf Lund has joined the board of directors of Cheap Energy Danmark ApS.
As of June 1, 2016, Peter Andreas Stakemann is registered as director of Cheap Energy Danmark ApS.
Cheap Energy Danmark ApS was founded on June 1, 2016.
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