Owners, management and financials
CVR: 44098822
USD 876,734
Gross profit
Net result: USD 109,100
XO SHIPPING A/S (100%)
CVR · view owners
Sinan Utlu
Board: Kent Hedegaard (chair) and 2 members
CVR · view management
Active
Founded 6 June 2023
CVR · view overview
4 employees
Annual report 2025 · average
Director role ended: Kristian Fulling Nissen
CVR · 30/07/2025
View the full event history
XPower Trading A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 2023. The company is registered under the industry Engroshandel med fast, flydende og luftformigt brændstof og lignende varer. The management consists of Sinan Utlu. The board consists of Kent Hedegaard (chair), Christian Philip Levin and Morten Vesth. The company is owned by XO SHIPPING A/S. According to the 2025 annual report, the company had an average of 4 employees. In 2025, the company reported a gross profit of USD 876,734 and a net result of USD 109,100 compared with USD 561,349 the year before. Equity in the 2025 report amounted to USD 1,245,209.
Selskabets formål er at drive virksomhed med køb og salg af brændstof til shippingbranchen, samt ydelser og produkter, der står i naturlig forbindelse hermed.
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 | 877 t. USD | 109 t. USD | 7.5 mio. USD | 1.2 mio. USD | 4 | |
| 202401/01/2024 – 31/12/2024 | 1.4 mio. USD | 561 t. USD | 8.6 mio. USD | 1.1 mio. USD | 3 |
Compared to 178 companies in Engroshandel med fast, flydende og luftformigt brændstof og lignende varer
Comparison is based on industry median values
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Read about the CDS scoreThe CVR number of XPower Trading A/S is 44098822.
XPower Trading A/S is owned by XO SHIPPING A/S.
The management of XPower Trading A/S consists of Sinan Utlu.
The board of XPower Trading A/S consists of Kent Hedegaard, Christian Philip Levin and Morten Vesth, with Kent Hedegaard as chair.
In 2025, XPower Trading A/S reported a gross profit of USD 876,734.
XPower Trading A/S had an average of 4 employees in the 2025 financial year according to the annual report.
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XPower Trading A/S has published its annual report for 2025. Gross profit came to DKK 876,734, and the net result was DKK 109,100.
As of January 5, 2026, Morten Vesth has joined the board of directors of XPower Trading A/S.
As of January 5, 2026, Kim Holberg Pihl has left the board of directors of XPower Trading A/S.
As of December 3, 2025, Kevin Bergenser has left the board of directors of XPower Trading A/S.
As of July 30, 2025, Kristian Fulling Nissen has stepped down as director of XPower Trading A/S.
XPower Trading A/S has published its annual report for 2024. Gross profit came to DKK 1,373,015, and the net result was DKK 561,349.
XPower Trading A/S has published its interim report for the period June 6, 2023 – December 31, 2023.
As of June 26, 2024, Kevin Bergenser has joined the board of directors of XPower Trading A/S.
As of June 26, 2024, Sinan Utlu is registered as director of XPower Trading A/S.
As of June 26, 2024, Mark Philip Beer has stepped down as director of XPower Trading A/S.
As of June 6, 2023, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of XPower Trading A/S.
As of June 6, 2023, Kent Hedegaard has joined the board of directors of XPower Trading A/S.
As of June 6, 2023, Christian Philip Levin has joined the board of directors of XPower Trading A/S.
As of June 6, 2023, Kim Holberg Pihl has joined the board of directors of XPower Trading A/S.
As of June 6, 2023, Mark Philip Beer is registered as director of XPower Trading A/S.
As of June 6, 2023, Kristian Fulling Nissen is registered as director of XPower Trading A/S.
As of June 6, 2023, XO SHIPPING A/S is registered as an owner of XPower Trading A/S with an ownership share of 100%.
XPower Trading A/S was founded on June 6, 2023.
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