FJERNVARME FYN PRODUKTION A/S

CVR 36474718 · Public limited company (A/S) · Active · Low risk

FJERNVARME FYN PRODUKTION A/S is a Public limited company (A/S), founded on , based in Odense C. 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. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 714.2m and a net result of DKK 147.3m. CEO: Mads Bayer, Kim Winther.

Bankruptcy risk for FJERNVARME FYN PRODUKTION A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
36474718
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
Havnegade 120
5000 Odense C
Municipality
Odense
Industry
Produktion af elektricitet fra vedvarende energikilder (351200)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 100.0m
Employees
184 (2017)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 12
Missing annual reportNo
Negative equityNo
Equity ratio24.0%
Current ratio207%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 1.6bnDKK 1.3bn
Gross profitDKK 251.9mDKK 38.6m
Net profitDKK 147.3mDKK 53.1m
EquityDKK 714.2mDKK 616.9m
Total assetsDKK 3.0bnDKK 2.9bn
CashDKK 612.6m–
Short-term debtDKK 462.0m–
Avg. employees0–

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 2021158
1 Jan 2020 – 31 Dec 2020148
1 Jan 2019 – 31 Dec 2019143
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015141
22 Dec 2014 – 31 Dec 2014155

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
CEOJan Strømvig
CEOKim Winther
BoardMads Søndergaard ThomsenCurrent
BoardJane YndgaardCurrent
BoardBjarne KorshøjCurrent
BoardSusanne Østergaard LundbyCurrent
BoardAraz KhanCurrent
BoardDitte Helene Vaupell RasmussenCurrent
BoardJørgen Nielsen
BoardLars Peter Joelsson
BoardMartinus Franciscus Hagens
BoardTuomo Juhani Hatakka
BoardJørgen Meier Sørensen
BoardLars Christian Lilleholt
BoardDorte Hjertstedt Boye
BoardLars Therkildsen
BoardJens Pilholm
BoardTim Vermund Andersen
BoardKim Johansen
BoardNiclas Turan Kandemir
BoardBo Libergren
BoardClaus Erik Houden-Hansen
BoardBrian Skov Nielsen
BoardKim Johansen
BoardFreddy Steen Andersen
BoardStig Wolff
BoardJan Kirud
BoardLars Kristian Pedersen
BoardLars Mortensen
BoardKim Robert Engelbrecht Christiansen
BoardLars Ingemann Sørensen
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
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderVATTENFALL A/SCurrent

The CEOs' other companies

Mads Bayer – 14 other companies

Kim Winther – 5 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
Støberigade 14, 2450 København SV

Former names

FJERNVARME FYN PRODUKTION A/S – now
FJERNVARME FYN FYNSVÆRKET A/S –
VATTENFALL THERMAL POWER I A/S –

Employees per year

Number of employees at FJERNVARME FYN PRODUKTION A/S per year921842015: 14020152016: 15320162017: 1842017

Other companies at the same address

Similar companies in Odense

Questions and answers about FJERNVARME FYN PRODUKTION A/S

Has FJERNVARME FYN PRODUKTION A/S gone bankrupt?

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

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

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

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

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

When was FJERNVARME FYN PRODUKTION A/S founded?

FJERNVARME FYN PRODUKTION A/S was founded on 22 December 2014.

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

Equity was DKK 714.2m 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.