FJERNVARME FYN DISTRIBUTION A/S

CVR 30174968 · Public limited company (A/S) · Active · Low risk

FJERNVARME FYN DISTRIBUTION A/S is a Public limited company (A/S), founded on , based in Odense C. The company is registered in the industry fjernvarmeforsyning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.6bn and a net result of DKK -61.1m. CEO: Mads Bayer, Kim Winther.

Bankruptcy risk for FJERNVARME FYN DISTRIBUTION A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
30174968
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
Havnegade 120
5000 Odense C
Municipality
Odense
Industry
Fjernvarmeforsyning (353000)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 1.0bn
Employees
3 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 19
Missing annual reportNo
Negative equityNo
Equity ratio55.1%
Current ratio99%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 1.2bnDKK 1.1bnDKK 941.8m
Gross profitDKK 343.7mDKK 310.3mDKK 272.9m
Net profitDKK -61.1mDKK -51.3mDKK -44.4m
EquityDKK 1.6bnDKK 1.7bnDKK 1.7bn
Total assetsDKK 2.9bnDKK 2.6bnDKK 2.5bn
CashDKK 42.0mDKK 7.1m–
Short-term debtDKK 328.5mDKK 295.5m–
Avg. employees00–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025141
1 Jan 2024 – 31 Dec 2024135
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 2022163
1 Jan 2021 – 31 Dec 2021150
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019143
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017153
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015149
1 Jan 2014 – 31 Dec 2014138
1 Jan 2013 – 31 Dec 2013245 Late
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011136
1 Jan 2010 – 31 Dec 2010144
1 Jan 2009 – 31 Dec 2009131
1 Jan 2008 – 31 Dec 2008132
20 Dec 2006 – 31 Dec 2007135

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
CEOMads BayerCurrent
CEOKim WintherCurrent
CEOPer Thorbjørn Rimmen
CEOJan Strømvig
CEOKim Winther
BoardMads Søndergaard ThomsenCurrent
BoardJane YndgaardCurrent
BoardBjarne KorshøjCurrent
BoardSusanne Østergaard LundbyCurrent
BoardAraz KhanCurrent
BoardDitte Helene Vaupell RasmussenCurrent
BoardHelge Erling Pasfall
BoardSteen Langkilde Møller
BoardJørgen Levsen Simonsen
BoardPoul William Falck
BoardBent Dyssemark Knudsen
BoardOle Pedersen
BoardVivi Bjerregaard Kier
BoardSøren Hansen
BoardJane Marie Jegind
BoardAnker Boye
BoardVagn Erichsen
BoardPer Helge Theisen
BoardCharlotte Dall Knoth
BoardSøren Steen Andersen
BoardRobert Larsen
BoardJakob Rasmussen
BoardJan Thrane Sørensen
BoardKim Jørgen Jensby Jørgensen
BoardPreben Petersen
BoardJytte Kiilstofte Madsen
BoardLeif Lund Knudsen
BoardStina Buhl Willumsen
BoardMichael Bruhn Frederiksen
BoardThomas Funding Therkildsen
BoardChristian Skov Frederiksen
BoardHelle Nielsen
BoardFlemming Hintze Jensen
BoardKim Johansen
BoardLine Mørk
BoardBrian Dybro
BoardJørgen Clausen
BoardDorte Hjertstedt Boye
BoardClaus Erik Houden-Hansen
BoardBrian Skov Nielsen
BoardTim Vermund Andersen
BoardFranz Jul Rohde
BoardBente Ledgaard Monsen
BoardLars Therkildsen
BoardJørgen Clausen
BoardJens Pilholm
BoardBente Ledgaard Monsen
BoardNiclas Turan Kandemir
BoardLars Christian Lilleholt
BoardDorte Hjertstedt Boye
BoardKim Johansen
BoardJørgen Meier Sørensen
BoardBo Libergren
BoardClaus Erik Houden-Hansen
BoardKim Johansen
BoardFreddy Steen Andersen
BoardKim Johansen
BoardJørgen Meier Sørensen
BoardJan Kauffmann
BoardKim Johansen
BoardMogens Leif Christensen
BoardBent Soelberg
BoardNiclas Turan Kandemir
BoardNazim Gürkan
BoardAnker Boye
BoardClaus Erik Houden-Hansen
BoardFranz Jul Rohde
BoardFrank Lundgren
BoardChristoffer Heidtmann Lilleholt
BoardJane Marie Jegind
BoardClaus Erik Houden-Hansen
BoardMark Grossmann
BoardPalle Ib Yndgaard
BoardLars Havelund Jensen
BoardTim Vermund Andersen
BoardKasper Ejlertsen
BoardMichael Eskamp Witek
BoardLars Bendix Rasmussen
BoardMorten Andersen
BoardClaus Skjoldborg Larsen
BoardKarsten Sørensen Fogde
BoardLucas Tanski
Owner (100%)FJERNVARME FYN HOLDING A/SCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderOdense KommuneCurrent

The CEOs' other companies

Mads Bayer – 14 other companies

Kim Winther – 5 other companies

Per Thorbjørn Rimmen – 1 other companies

Jan Strømvig – 12 other companies

Address history (3 moves)

Havnegade 120, 5000 Odense C
Havnegade 120, 5000 Odense C
Billedskærervej 7, 5230 Odense M
Klosterbakken 12, 5000 Odense C

Former names

FJERNVARME FYN DISTRIBUTION A/S – now
FJERNVARME FYN A/S –

Employees per year

Number of employees at FJERNVARME FYN DISTRIBUTION A/S per year711422011: 9220112012: 8420122013: 10820132014: 12520142015: 14220152016: 13020162017: 9820172018: 32018

Other companies at the same address

Similar companies in Odense

Questions and answers about FJERNVARME FYN DISTRIBUTION A/S

Has FJERNVARME FYN DISTRIBUTION A/S gone bankrupt?

No, FJERNVARME FYN DISTRIBUTION A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FJERNVARME FYN DISTRIBUTION 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 FJERNVARME FYN DISTRIBUTION A/S?

Mads Bayer, Kim Winther are the CEOs of FJERNVARME FYN DISTRIBUTION A/S.

Who is the auditor of FJERNVARME FYN DISTRIBUTION A/S?

FJERNVARME FYN DISTRIBUTION A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was FJERNVARME FYN DISTRIBUTION A/S founded?

FJERNVARME FYN DISTRIBUTION A/S was founded on 20 December 2006.

What is the equity of FJERNVARME FYN DISTRIBUTION A/S?

Equity was DKK 1.6bn 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.