Riskpilot← Back to searchSign inGet full accessKalundborg Refinery A/S
A/SActiveCVR 29975884Melbyvej 17Manufacture of refined petroleum products and fossil fuel products · NACE 1920Est. 2006397 employees
Revenue 2024
DKK 3,8B
-14% vs 2023
EBITDA margin
1.8%
-70% vs 2023
Equity ratio
52.7%
Financial strength
Net profit 2024
DKK 17,8M
-79% vs 2023
| Revenue | DKK 3,8B | -14% |
| EBITDA | DKK 67,9M | -70% |
| Net profit | DKK 17,8M | -79% |
| Total assets | DKK 653,5M | +9% |
| Equity | DKK 344,1M | +20% |
| Employees | 397 | — |
Legal name
Kalundborg Refinery A/S
CVR number
29975884
Legal form
Aktieselskab
NACE code
1920 · Manufacture of refined petroleum products and fossil fuel products
Founded
26. oktober 2006
Share capital
DKK 195.700.000
Employees
397 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af bestyrelsesformanden alene eller af Juergen Wollschlaeger i forening med Jesus Tamara Velasco eller af Juergen Wollschlaeger i forening med Joseph Zammit Tabona, eller af den administrerende direktør i forening med Juergen Wollschlaeger eller af den samlede bestyrelse i forening.
Company purpose
Selskabets formål er fremstilling, raffinering, transport af og handel med olie og produkter deraf samt virksomhed, der efter direktionens skøn står i forbindelse hermed, endvidere deltagelse i lignende virksomheder i eller uden for Danmark
Address
Melbyvej 17
Phone
+4559574500
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 29.570.974 | 25.500.736 | 19.446.997 | 15.977.883 | 20.910.231 | 23.007.458 | 20.588.212 | 12.388.787 | 21.976.947 | 5.687.866 | 4.384.793 | 3.752.188 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 | -0 | -267.197 | -0 | -0 | -0 | -42.641 | -48.250 |
| EBITDA | -1.706.046 | -1.379.951 | 993.124 | 460.307 | 1.032.907 | 867.802 | 787.624 | -1.571.535 | 319.826 | 391.598 | 226.415 | 67.881 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -41.058 | -45.598 |
| EBIT | -1.706.046 | -1.379.951 | 993.124 | 460.307 | 1.032.907 | 867.802 | 787.624 | -1.571.535 | 319.826 | 391.598 | 185.358 | 22.283 |
| Net financials | 72.666 | -81.785 | -45.818 | 23.747 | -29.284 | -39.961 | 1.368 | 5.445 | -95.734 | -11.144 | 957 | 1.325 |
| Profit before tax | -1.633.380 | -1.461.736 | 947.306 | 484.054 | 1.003.623 | 827.841 | 788.992 | -1.566.090 | 224.092 | 380.454 | 186.316 | 23.608 |
| Tax | -70.610 | 250.339 | -161.992 | 138.486 | -11.008 | -8.754 | 231.167 | -779 | 109.690 | 23.359 | 101.264 | 5.813 |
| Net profit | -1.562.770 | -1.712.075 | 1.109.298 | 345.568 | 1.014.631 | 836.595 | 557.825 | -1.565.311 | 114.402 | 357.095 | 85.052 | 17.795 |
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 5.005.408 | 3.754.399 | 5.709.783 | 6.095.051 | 6.557.149 | 5.509.503 | 7.787.158 | 5.715.676 | 4.850.891 | 970.095 | 599.668 | 653.492 |
| Equity | 1.173.367 | 1.137.992 | 3.609.365 | 3.954.933 | 3.769.564 | 3.906.159 | 4.463.984 | 2.898.673 | 813.075 | 629.784 | 286.879 | 344.091 |
| Long-term debt | 4.673 | 455.448 | 0 | 0 | 489.122 | 502.867 | 897.861 | 142.599 | 1.258.128 | 91.720 | 2.395 | 52.943 |
| Short-term debt | 3.827.368 | 2.160.959 | 1.636.196 | 1.634.504 | 2.298.463 | 1.100.477 | 2.425.313 | 1.312.042 | 2.779.688 | 248.591 | 285.559 | 230.905 |
| Total debt | 3.832.041 | 2.616.407 | 1.636.196 | 2.140.118 | 2.787.585 | 1.603.344 | 3.323.174 | 1.454.641 | 4.037.816 | 340.311 | 287.954 | 309.401 |
EBITDA margin
1.8%
This company
15.8%
Market median
-89% vs market
20132024
Equity ratio
52.7%
This company
38.2%
Market median
+38% vs market
20132024
Return on equity
5.2%
This company
18.4%
Market median
-72% vs market
20132024
Net profit margin
0.5%
This company
8.1%
Market median
-94% vs market
20132024
Asset turnover
5.74×
This company
1.12×
Market median
+413% vs market
20132024
Debt / equity
0.90×
This company
0.62×
Market median
+45% vs market
20132024
- 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
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JT Chief Executive Officer | Chief Executive Officer | 2014 | — | — |
SE Management | Management | 2022 | — | — |
UV Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
SO Management | Management | 2010 | — | — |
MD Deputy | Deputy | 2011 | — | — |
RF Chief Executive Officer | Chief Executive Officer | 2011 | — | — |
BG Deputy | Deputy | 2014 | — | — |
SS Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
WR Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
CN Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2021 | — | — | |
| Board of Directors | 2010 | — | — | |
| Board of Directors | 2011 | — | — | |
| Board of Directors | 2010 | — | — | |
| Board of Directors | 2011 | — | — | |
| Chairman | 2010 | — | — | |
| Chairman | 2020 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2018 | — | — | |
| Chairman | 2019 | — | — | |
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2008 | — | — | |
| Board of Directors | 2014 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2019 | — | — | |
| Chairman | 2010 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2011 | — | — | |
| Board of Directors | 2014 | — | — | |
| Board of Directors | 2014 | — | — | |
| Chairman | 2012 | — | — | |
| Board of Directors | 2016 | — | — | |
| Chairman | 2014 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2010 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2014 | — | — | |
| Board of Directors | 2016 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Klesch Refining Denmark A/S | Company | 100.0% | 100.0% | 2021 |
Equinor Danmark A/S | Company | 100.0% | 100.0% | 2015 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Klesch Refining Denmark A/S
Kalundborg Refinery A/S Board members of Kalundborg Refinery A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jofrid Tone Klokkehaug | Chief Executive Officer | 0 companies |
| Stephen Edward McCaffrey | Management | 0 companies |
| Ulrike Vollrath | Chief Executive Officer | 0 companies |
| Stig-Roar Olsen | Management | 0 companies |
| Mogens Damm | Deputy | 0 companies |
| Rasmus Finnerup Wille | Chief Executive Officer | 0 companies |
| Bjarne Grothe | Deputy | 0 companies |
| Sølvi Storsætter Bjørgum | Chief Executive Officer | 0 companies |
| Wouter Rudolf de Jong | Chief Executive Officer | 0 companies |
| Claus Navntoft | Chief Executive Officer | 0 companies |
| Allan Gary Edward Klesch | Chairman | 0 companies |
| Bent Rune Solheim | Board of Directors | 0 companies |
| Mikkel Pagh | Board of Directors | 0 companies |
| Annette Munch | Board of Directors | 0 companies |
| John Høines | Board of Directors | 0 companies |
| Bo Steen Madsen | Chairman | 0 companies |
| Ole-Tobias Frich | Chairman | 0 companies |
| Joseph Zammit Tabona | Board of Directors | 0 companies |
| Grete Birgitte Haaland | Board of Directors | 0 companies |
| Giuseppina Ragone | Chairman | 0 companies |
| Hanne Smedvig | Board of Directors | 0 companies |
| John Berg | Board of Directors | 0 companies |
| Lars Thorstholm | Board of Directors | 0 companies |
| Sven-Ole Toft | Board of Directors | 0 companies |
| Tore Aarreberg | Board of Directors | 0 companies |
| Arne Sigve Nylund | Chairman | 0 companies |
| Mette Ferkingstad | Board of Directors | 0 companies |
| Jesus Tamara Velasco | Board of Directors | 0 companies |
| Kjetil Ohm | Chairman | 0 companies |
| Olav Risa | Board of Directors | 0 companies |
| Lars Rosenløv Jensen | Board of Directors | 0 companies |
| Eva Nygård | Chairman | 0 companies |
| Svein Harald Storli | Board of Directors | 0 companies |
| Torben Haurum | Chairman | 0 companies |
| Michael John Adam Serink | Board of Directors | 0 companies |
| Olav Leivestad | Board of Directors | 0 companies |
| Sidsel Lokna | Board of Directors | 0 companies |
| Niels Bech | Board of Directors | 0 companies |
| Juergen Wollschlaeger | Board of Directors | 0 companies |
| Børje Eikemo | Board of Directors | 0 companies |
| Lars Johan Mølster | Board of Directors | 0 companies |