Owners, management and financials
CVR: 41722614
Secondary names: Aktieselskabet af 29. september 2020, CM Biomass Holding A/S
Previous names: Aktieselskabet af 29. september 2020, CM Biomass Holding A/S
EUR 619,828,000
Revenue
Net result: EUR 9,765,000
A/S UNITED SHIPPING & TRADING COMPANY (100%)
CVR · view owners
Simon Plagborg, Ask Michael Munck
Board: Christian Pagaard Junker (chair) and 5 members
CVR · view management
Active
Founded 30 September 2020
CVR · view overview
222 employees
Annual report 2026 · average
Name registered: Northflare Energy Holding A/S
CVR · 28/09/2026
View the full event history
Northflare Energy Holding A/S is a Danish company of the type Aktieselskab based in København Ø, founded in 2020. The company is registered under the industry Ikke-finansielle holdingselskaber. The company was previously named CM Biomass Holding A/S and Aktieselskabet af 29. september 2020. The management consists of Simon Plagborg and Ask Michael Munck. The board consists of Christian Pagaard Junker (chair), Nina Østergaard, Jan Flemming Bech Andersen and Louise Wenche Koch. The company is owned by A/S UNITED SHIPPING & TRADING COMPANY. According to the 2026 annual report, the company had an average of 222 employees. In 2026, the company reported revenue of EUR 619,828,000 and a net result of EUR 9,765,000 compared with EUR 11,614,000 the year before.
Source: annual report 2026, Danish Business Authority
CM Biomass Holding A/S has demonstrated a fluctuating financial trajectory since its inception in 2020, with notable revenue peaks in 2024 at €834.98 million, followed by a decline to €619.83 million in 2026. Despite experiencing a gross loss in 2023 and 2022, the company has maintained profitability, reporting net profits of €20.46 million in 2023 and €9.77 million in 2026. The equity position improved significantly from €71.92 million in 2022 to €115.35 million in 2023, indicating a strengthening balance sheet. However, the inconsistent revenue and gross profit figures raise concerns about operational efficiency and market stability within the non-financial holding sector.
AI-generated summary · Generated 13/08/2026
Selskabets formål er at besidde kapitalandele, foretage anden investeringsvirksomhed samt al anden virksomhed, som efter bestyrelsens skøn har forbindelse hermed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202601/05/2025 – 30/04/2026 | 619.8 mio. EUR | 9.8 mio. EUR | 339.9 mio. EUR | - | 222 | |
| 202501/05/2024 – 30/04/2025 | 777.2 mio. EUR | 11.6 mio. EUR | 329.4 mio. EUR | - | 249 | |
| 202401/05/2023 – 30/04/2024 | 835 mio. EUR | 35.2 mio. EUR | 324 mio. EUR | - | 239 | |
| 202301/05/2022 – 30/04/2023 | 0 EUR | 20.5 mio. EUR | 148.2 mio. EUR | 115.3 mio. EUR | 186 | |
| 202201/05/2021 – 30/04/2022 | 0 EUR | 15.9 mio. EUR | 128.1 mio. EUR | 71.9 mio. EUR | 89 |
Compared to 50.000 companies in Ikke-finansielle holdingselskaber
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Try company screeningThe CVR number of Northflare Energy Holding A/S is 41722614.
Northflare Energy Holding A/S is owned by A/S UNITED SHIPPING & TRADING COMPANY.
The management of Northflare Energy Holding A/S consists of Simon Plagborg and Ask Michael Munck.
The board of Northflare Energy Holding A/S consists of Christian Pagaard Junker, Nina Østergaard and Jan Flemming Bech Andersen, with Christian Pagaard Junker as chair.
In 2026, Northflare Energy Holding A/S reported revenue of EUR 619,828,000.
Northflare Energy Holding A/S had an average of 222 employees in the 2026 financial year according to the annual report.
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On September 28, 2026, the company changed its name from CM Biomass Holding A/S to Northflare Energy Holding A/S.
Northflare Energy Holding A/S has published its annual report for 2026. Revenue came to DKK 619,828,000, and the net result was DKK 9,765,000.
As of June 19, 2026, Peter Hald Appel has joined the board of directors of Northflare Energy Holding A/S.
As of June 19, 2026, Nina Østergaard has joined the board of directors of Northflare Energy Holding A/S.
As of June 18, 2026, Nina Østergaard has left the board of directors of Northflare Energy Holding A/S.
As of December 31, 2025, Simon Christensen has left the board of directors of Northflare Energy Holding A/S.
As of September 30, 2025, A/S UNITED SHIPPING & TRADING COMPANY is registered as an owner of Northflare Energy Holding A/S with an ownership share of 100%.
Northflare Energy Holding A/S has published its annual report for 2025. Revenue came to DKK 777,210,000, and the net result was DKK 11,614,000.
As of January 6, 2025, Ask Michael Munck is registered as director of Northflare Energy Holding A/S.
As of January 6, 2025, Simon Plagborg is registered as adm. dir. of Northflare Energy Holding A/S.
As of January 5, 2025, Ask Michael Munck has stepped down as adm. dir. of Northflare Energy Holding A/S.
As of September 17, 2024, Ask Michael Munck is registered as adm. dir. of Northflare Energy Holding A/S.
As of September 17, 2024, Morten Hultberg Buchgreitz has stepped down as adm. dir. of Northflare Energy Holding A/S.
As of September 16, 2024, Ask Michael Munck has stepped down as director of Northflare Energy Holding A/S.
As of September 15, 2024, Michael Hjorth Christensen has stepped down as director of Northflare Energy Holding A/S.
Northflare Energy Holding A/S has published its annual report for 2024. Revenue came to DKK 834,977,000, and the net result was DKK 35,192,000.
As of April 1, 2024, Søren Fournaise Eriksen has joined the board of directors of Northflare Energy Holding A/S.
As of December 1, 2023, Louise Wenche Koch has joined the board of directors of Northflare Energy Holding A/S.
As of July 1, 2023, Morten Hultberg Buchgreitz has left the board of directors of Northflare Energy Holding A/S.
As of July 1, 2023, Michael Hjorth Christensen is registered as director of Northflare Energy Holding A/S.
As of July 1, 2023, Ask Michael Munck is registered as director of Northflare Energy Holding A/S.
As of July 1, 2023, Morten Hultberg Buchgreitz is registered as adm. dir. of Northflare Energy Holding A/S.
As of July 1, 2023, Simon Christensen has stepped down as director of Northflare Energy Holding A/S.
Northflare Energy Holding A/S has published its annual report for 2023. Revenue came to DKK 0, and the net result was DKK 20,456,000.
Northflare Energy Holding A/S has published its annual report for 2022. Revenue came to DKK 0, and the net result was DKK 15,905,854.
As of January 3, 2022, Simon Christensen is registered as director of Northflare Energy Holding A/S.
As of January 3, 2022, Jakob Schultz Nielsen has stepped down as adm. dir. of Northflare Energy Holding A/S.
As of December 7, 2021, Christian Pagaard Junker has joined the board of directors of Northflare Energy Holding A/S.
As of December 7, 2021, Jan Flemming Bech Andersen has joined the board of directors of Northflare Energy Holding A/S.
As of December 7, 2021, Simon Christensen has joined the board of directors of Northflare Energy Holding A/S.
As of December 7, 2021, Morten Hultberg Buchgreitz has joined the board of directors of Northflare Energy Holding A/S.
As of December 7, 2021, Torben Østergaard Nielsen has left the board of directors of Northflare Energy Holding A/S.
As of December 7, 2021, Jakob Schultz Nielsen has left the board of directors of Northflare Energy Holding A/S.
On December 7, 2021, the company changed its name from Aktieselskabet af 29. september 2020 to CM Biomass Holding A/S.
Northflare Energy Holding A/S has published its interim report for the period September 30, 2020 – April 30, 2021.
As of September 30, 2020, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Northflare Energy Holding A/S.
As of September 30, 2020, Torben Østergaard Nielsen has joined the board of directors of Northflare Energy Holding A/S.
As of September 30, 2020, Nina Østergaard has joined the board of directors of Northflare Energy Holding A/S.
As of September 30, 2020, Jakob Schultz Nielsen has joined the board of directors of Northflare Energy Holding A/S.
As of September 30, 2020, Jakob Schultz Nielsen is registered as adm. dir. of Northflare Energy Holding A/S.
Northflare Energy Holding A/S was founded on September 30, 2020.
Uneven Bits ApS is an independent IT consultancy founded and operated by Klaus Byskov Pedersen. With deep expertise in software architecture and systems design, I help organizations build robust, scalable, and maintainable technical solutions. Whether you need strategic guidance on technology decisions, hands-on architecture work, or help navigating complex technical challenges, I bring focused expertise and a practical approach to every engagement.
Selskabets formål er IT- og kommunikationsvirksomhed samt virksomhed i øvrigt, der efter bestyrelsens skøn står i forbindelse hermed.
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
Selskabets formål er at drive forretning med digital markedsføring og strategi samt enhver i forbindelse hermed stående virksomhed.
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