Ørsted VE A/S

CVR 26510244 · Public limited company (A/S) · Active · Low risk

Ørsted VE A/S is a Public limited company (A/S), founded on , based in Fredericia. The company is registered in the industry produktion af elektricitet fra vedvarende energikilder. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 11.5bn and a net result of DKK 11.0bn. CEO: Kasper Larsen Tolstrup.

Bankruptcy risk for Ørsted VE A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
26510244
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Kraftværksvej 53
7000 Fredericia
Municipality
Fredericia
Industry
Produktion af elektricitet fra vedvarende energikilder (351200)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 330.0m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 24
Missing annual reportNo
Negative equityNo
Equity ratio99.9%
Current ratio103,771%
Moves (last 2 years)0
CEO changes in total19
CEO's previous bankruptcies0
Other companies at the address94
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -181kDKK -75k
Net profitDKK 11.0bnDKK 92k
EquityDKK 11.5bnDKK 476.1m
Total assetsDKK 11.5bnDKK 476.1m
Short-term debtDKK 10.7m–
Tax owedDKK 10.6m–
Avg. employees1,000–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024177
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022156
1 Jan 2021 – 31 Dec 2021153
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019120 Restated
1 Jan 2018 – 31 Dec 2018123
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015111
1 Jan 2014 – 31 Dec 2014120
1 Jan 2013 – 31 Dec 2013131
1 Jan 2012 – 31 Dec 2012156
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010132
1 Jan 2009 – 31 Dec 2009138
1 Jan 2008 – 31 Dec 2008109
1 Jan 2007 – 31 Dec 2007114
1 Jan 2006 – 31 Dec 2006120

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOKasper Larsen TolstrupCurrent
CEOKim Ernst
CEOLars Thaaning Pedersen
CEOJesper Engsig Christensen
CEOAnders Højer
CEOLeif Winther
CEORobert Helms
CEOJacob Hjelm
CEOHenriette Holm
CEOJacob Hjelm
CEOLars Brinch Danielsen
BoardHelle Kathrine LenchlerCurrent
BoardTommy Graff HansenCurrent
BoardAlana Georgina KühneCurrent
BoardJakob Baruël Poulsen
BoardAnders Eldrup
BoardKurt Bligaard Pedersen
BoardPeter Skak-Iversen
BoardCarsten Krogsgaard Thomsen
BoardTorkil Bentzen
BoardMichael Reedtz Sparrevohn
BoardGert Hemmingsen
BoardPer Holmgaard Andersen
BoardKim Henry Vinkler
BoardChristina Grumstrup Sørensen
BoardMikael Andreas Holm Geday
BoardJakob Dahlgaard Fink
BoardMichael Thorndahl Simmelsgaard
BoardLars Thaaning Pedersen
BoardCharlotte Strand
BoardBrent Cheshire
BoardBenjamin John Sykes
BoardMatthew Wright
BoardRasmus Errboe
BoardDuncan Guy Clark
BoardJacob Hjelm
BoardKasper Holst Skyttegaard-Nielsen
BoardLars Brinch Danielsen
BoardShivani Ajitkumar Kondaskar
BoardHelle Kathrine Lenchler
Owner (100%)Ørsted Wind Power A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKPMG DANMARK A/S
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderØrsted A/SCurrent

The CEOs' other companies

Kasper Larsen Tolstrup – 3 other companies

Kim Ernst – 9 other companies

Lars Thaaning Pedersen – 29 other companies

Jesper Engsig Christensen – 58 other companies, of which 6 bankrupt

Anders Højer – 10 other companies

Leif Winther – 8 other companies, of which 1 bankrupt

Robert Helms – 13 other companies

Jacob Hjelm – 4 other companies

Henriette Holm – 9 other companies

Lars Brinch Danielsen – 24 other companies

Address history (2 moves)

Kraftværksvej 53, 7000 Fredericia
Kraftværksvej 53, 7000 Fredericia
Agern Alle 24, 2970 Hørsholm

Former names

Ørsted VE A/S – now
DONG VE A/S –

Other companies at the same address

Similar companies in Fredericia

Questions and answers about Ørsted VE A/S

Has Ørsted VE A/S gone bankrupt?

No, Ørsted VE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Ørsted VE A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Ørsted VE A/S?

Kasper Larsen Tolstrup is the CEO of Ørsted VE A/S.

Who is the auditor of Ørsted VE A/S?

Ørsted VE A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Ørsted VE A/S founded?

Ørsted VE A/S was founded on 1 March 2002.

What is the equity of Ørsted VE A/S?

Equity was DKK 11.5bn according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.