Riskpilot← Back to searchSign inGet full accessSOLAR A/S
A/SActiveCVR 15908416Industrivej Vest 43Non-specialised wholesale trade · NACE 4690Est. 1955878 employeesSolar.eu
Revenue 2024
DKK 12,2B
+194% vs 2023
EBITDA margin
2.3%
-29% vs 2023
Equity ratio
30.7%
Financial strength
Net profit 2024
DKK 148M
-57% vs 2023
| Revenue | DKK 12,2B | +194% |
| EBITDA | DKK 278M | -29% |
| Net profit | DKK 148M | -57% |
| Total assets | DKK 6,1B | +31% |
| Equity | DKK 1,9B | -3% |
| Employees | 878 | — |
Legal name
SOLAR A/S
CVR number
15908416
Legal form
Aktieselskab
NACE code
4690 · Non-specialised wholesale trade
Founded
25. marts 1955
Share capital
DKK 800.600.000
Employees
878 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af et medlem af bestyrelsen i forening med et medlem af direktionen, af bestyrelsens formand i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Company purpose
Selskabets formål er at drive handel og fabrikation
Address
Industrivej Vest 43
Phone
+4579300000
Email
Solar@solar.eu
Website
Solar.eu
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.252.000 | 10.587.000 | 3.008.000 | 3.321.000 | 3.356.000 | 3.489.000 | 3.642.000 | 4.040.000 | 4.511.000 | 4.155.000 | 12.223.000 |
| Staff expenses | -1.470.000 | -1.396.000 | -460.000 | -495.000 | -474.000 | -504.000 | -527.000 | -559.000 | -620.000 | -603.000 | -1.580.000 |
| EBITDA | 227.000 | 362.000 | 219.000 | 237.000 | 284.000 | 312.000 | 328.000 | 428.000 | 476.000 | 391.000 | 278.000 |
| Depreciation & amort. | -300.000 | -113.000 | -57.000 | -95.000 | -115.000 | -119.000 | 121.000 | -102.000 | 125.000 | -145.000 | -0 |
| EBIT | -73.000 | 249.000 | 156.000 | 136.000 | 169.000 | 193.000 | 207.000 | 326.000 | 351.000 | 246.000 | 278.000 |
| Net financials | -49.000 | -48.000 | 1.000 | -84.000 | -1.000 | -89.000 | 55.000 | 254.000 | 382.000 | 152.000 | -86.000 |
| Profit before tax | -122.000 | 201.000 | 157.000 | 52.000 | 168.000 | 104.000 | 262.000 | 580.000 | 733.000 | 398.000 | 192.000 |
| Tax | 58.000 | 67.000 | 32.000 | 33.000 | 35.000 | 40.000 | 40.000 | 49.000 | 73.000 | 51.000 | 44.000 |
| Net profit | -234.000 | 167.000 | 125.000 | 19.000 | 133.000 | 64.000 | 222.000 | 531.000 | 660.000 | 347.000 | 148.000 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 3.268.000 | 4.671.000 | 3.358.000 | 3.346.000 | 3.270.000 | 3.335.000 | 3.365.000 | 3.803.000 | 4.218.000 | 4.668.000 | 6.108.000 |
| Equity | 1.924.000 | 1.831.000 | 1.683.000 | 1.591.000 | 1.638.000 | 1.592.000 | 1.696.000 | 1.952.000 | 1.931.000 | 1.932.000 | 1.874.000 |
| Long-term debt | 334.000 | 573.000 | 287.000 | 389.000 | 390.000 | 288.000 | 322.000 | 249.000 | 420.000 | 593.000 | 866.000 |
| Short-term debt | 1.000.000 | 2.220.000 | 1.388.000 | 1.366.000 | 1.242.000 | 1.455.000 | 1.345.000 | 1.601.000 | 1.865.000 | 2.140.000 | 3.347.000 |
| Total debt | 1.334.000 | 2.840.000 | 1.675.000 | 1.755.000 | 1.632.000 | 1.743.000 | 1.669.000 | 1.851.000 | 2.287.000 | 2.733.000 | 4.234.000 |
EBITDA margin
2.3%
This company
15.8%
Market median
-85% vs market
20142024
Equity ratio
30.7%
This company
38.2%
Market median
+20% vs market
20142024
Return on equity
7.9%
This company
18.4%
Market median
-57% vs market
20142024
Net profit margin
1.2%
This company
8.1%
Market median
-85% vs market
20142024
Asset turnover
2.00×
This company
1.12×
Market median
+79% vs market
20142024
Debt / equity
2.26×
This company
0.62×
Market median
-265% vs market
20142024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
MH Management | Management | 2011 | — | — |
JB Management | Management | 1955 | — | — |
HD Management | Management | 2016 | — | — |
JE Chief Executive Officer | Chief Executive Officer | 2017 | — | — |
TB Deputy | Deputy | 2026 | — | — |
FH Chief Executive Officer | Chief Executive Officer | 2006 | — | — |
AØ | Deputy | 2014 | — | — |
JM Management | Management | 2003 | — | — |
AS Deputy | Deputy | 2006 | — | — |
AN Deputy | Deputy | 2006 | — | — |
HP Management | Management | 1955 | — | — |
JM Deputy | Deputy | 2010 | — | — |
AW Chief Executive Officer | Chief Executive Officer | 2014 | — | — |
| Deputy | 2018 | — | — | |
MK Deputy | Deputy | 2026 | — | — |
EB Management | Management | 1993 | — | — |
EB Deputy | Deputy | 2010 | — | — |
CK | Audit | 1955 | — | — |
AR | Audit | 1955 | — | — |
FC Deputy | Deputy | 2009 | — | — |
MB Deputy | Deputy | 2026 | — | — |
| Audit | 2006 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2003 | — | — | |
| Board of Directors | 2009 | — | — | |
| Board of Directors | 2002 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2026 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 1955 | — | — | |
| Board of Directors | 1955 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2012 | — | — | |
| Board of Directors | 2014 | — | — | |
| Chairman | 2006 | — | — | |
| Board of Directors | 2010 | — | — | |
| Board of Directors | 2026 | — | — | |
| Board of Directors | 1997 | — | — | |
| Deputy Chairman | 2019 | — | — | |
| Board of Directors | 2013 | — | — | |
| Board of Directors | 2007 | — | — | |
| Board of Directors | 1995 | — | — | |
| Board of Directors | 1955 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2002 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2026 | — | — | |
| Chairman | 2022 | — | — | |
| Deputy Chairman | 2017 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2006 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
FONDEN AF 20. DECEMBER | Company | 15.0% | 50.0% | 2009 |
| Individual | 5.0% | 0.0% | 2026 | |
| Individual | 5.0% | 0.0% | 2026 | |
| Individual | 5.0% | 0.0% | 2025 | |
| Individual | 5.0% | 0.0% | 2018 | |
| Individual | 5.0% | 0.0% | 2021 | |
INVESTERINGSFORENINGEN NORDEA INVEST | Company | 5.0% | 0.0% | 2020 |
NORDEA FUND MANAGEMENT, FILIAL AF NORDEA FUNDS OY, FINLAND | Company | 10.0% | 0.0% | 2018 |
CHR. AUGUSTINUS FABRIKKER AKTIESELSKAB | Company | 10.0% | 5.0% | 2009 |
SOLAR A/S | Company | 5.0% | 0.0% | 2016 |
NORDEA BANK DANMARK A/S | Company | 10.0% | 5.0% | 2014 |
AUGUSTINUS FONDEN | Company | 0.0% | 10.0% | 2009 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
FONDEN AF 20. DECEMBER
SOLAR A/S Board members of SOLAR A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Michael Hessellund Jeppesen | Management | 0 companies |
| Jørgen Borum | Management | 0 companies |
| Hugo Dorph | Management | 0 companies |
| Jens Ellegaard Andersen | Chief Executive Officer | 0 companies |
| Thomas Barslund Askou | Deputy | 0 companies |
| Flemming Henze Tomdrup | Chief Executive Officer | 0 companies |
| Allan Øllegaard Stølegaard | Deputy | 0 companies |
| John Mundeling Olesen | Management | 0 companies |
| Arne Slyngborg | Deputy | 0 companies |
| Allan Nissen | Deputy | 0 companies |
| Harald Preben Jørgensen | Management | 0 companies |
| Jette Marie Sarnov | Deputy | 0 companies |
| Anders Wilhjelm | Chief Executive Officer | 0 companies |
| Lisbeth Maegaard Andersen Jørgensen | Deputy | 0 companies |
| Michael Kærgaard Ravn | Deputy | 0 companies |
| Erling Bardensted Folker | Management | 0 companies |
| Egon Blak | Deputy | 0 companies |
| Civilingeniør Kai Jølck | Audit | 0 companies |
| Alex Roald Ankjær-Jensen | Audit | 0 companies |
| Finn Christensen | Deputy | 0 companies |
| Mette Brix | Deputy | 0 companies |
| PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB | Audit | 0 companies |
| Rune Jesper Nielsen | Board of Directors | 0 companies |
| Niels Olav Johannesson | Board of Directors | 0 companies |
| Peter Falkenham | Board of Directors | 0 companies |
| Jens Peter Toft | Board of Directors | 0 companies |
| Agnete Thage-Jørgensen | Board of Directors | 0 companies |
| Denise Goldby | Board of Directors | 0 companies |
| Ulrich Liedtke | Board of Directors | 0 companies |
| Morten Chrone | Board of Directors | 0 companies |
| Niels Borum | Board of Directors | 0 companies |
| Andreas Lauritzen Geltzer Schou | Board of Directors | 0 companies |
| Bent Hauge Frisk | Board of Directors | 0 companies |
| Katrine Borum | Board of Directors | 0 companies |
| Agnete Raaschou-Nielsen | Board of Directors | 0 companies |
| Ulrik Clausen Damgaard | Board of Directors | 0 companies |
| Jens Borum | Chairman | 0 companies |
| Lars Lange Andersen | Board of Directors | 0 companies |
| Mads Thorsen | Board of Directors | 0 companies |
| Thorkild Thage-Jørgensen | Board of Directors | 0 companies |
| Jesper Dalsgaard Jensen | Deputy Chairman | 0 companies |
| Steen Weirsøe | Board of Directors | 0 companies |
| Kent Arentoft | Board of Directors | 0 companies |
| Peter Ulrik Linde | Board of Directors | 0 companies |
| Karin Borum | Board of Directors | 0 companies |
| Preben Jessen | Board of Directors | 0 companies |
| Carsten Henrik Ørssleff | Board of Directors | 0 companies |
| Vibeke Thage Linde | Board of Directors | 0 companies |
| Peter Bang | Board of Directors | 0 companies |
| Louise Knauer Baroudy | Board of Directors | 0 companies |
| Ulf Gregers Jensen | Board of Directors | 0 companies |
| Michael Troensegaard Andersen | Chairman | 0 companies |
| Ulf Anders Gundemark | Deputy Chairman | 0 companies |
| Remy Rikardt Cramer | Board of Directors | 0 companies |
| Aase Kofoed | Board of Directors | 0 companies |