Ørsted Bioenergy & Thermal Power A/S — Regnskab

CVR 27446469

Seneste regnskabsperiode

  • 2025 • 2025-01-01 • 2025-12-31 • entity • DKK • 9389091000 • 1841405000 • 110699000 • -291301000 • 14018009000 • 8068444000 • 695000

Regnskabshistorik

  • 2024 • 2024-01-01 • 2024-12-31 • entity • DKK • 10108681000 • 1858974000 • 505943000 • 391949000 • 14917261000 • 8335726000 • 695000
  • 2023 • 2023-01-01 • 2023-12-31 • entity • DKK • 12012383000 • 1508701000 • 318279000 • 135896000 • 17289054000 • 8636049000 • 682000
  • 2022 • 2022-01-01 • 2022-12-31 • entity • DKK • 19653149000 • 6639784000 • 5357813000 • 4115557000 • 20127455000 • 8192208000 • 675
  • 2021 • 2021-01-01 • 2021-12-31 • entity • DKK • 9906799000 • 3529929000 • 2314134000 • 1592749000 • 13292183000 • 2978095000 • 649
  • 2020 • 2020-01-01 • 2020-12-31 • entity • DKK • 5354387000 • 1287454000 • 107043000 • -145427000 • 9365554000 • 2636578000 • 621
  • 2019 • 2019-01-01 • 2019-12-31 • entity • DKK • 6259656000 • 1874495000 • 737427000 • 78907000 • 9830592000 • 2792192000 • 634
  • 2018 • 2018-01-01 • 2018-12-31 • entity • DKK • 6268498000 • 1084892000 • -103029000 • 727928000 • 12090096000 • 4210302000 • 705
  • 2017 • 2017-01-01 • 2017-12-31 • entity • DKK • 5984362000 • 420686000 • -791336000 • -709545000 • 12417434000 • 3480633000 • 723

Højdepunkter fra årsrapporten

  • primary activities • Ørsted Bioenergy & Thermal Power A/S is a member of the Ørsted Group and a subsidiary of Ørsted A/S, Fredericia. Reference is made to the annual report of Ørsted A/S. The company's objectives are to engage in activities in the energy and heating sector, ancillary activities and carbon capture and storage. Ørsted Bioenergy & Thermal Power A/S produces electricity and heat at a number of thermal power plants in Denmark. The electricity generated is sold on the Nordic electricity exchange, Nord Pool. The heat produced is sold in accordance with long-term heating contracts. Our heat and power stations are an important part of the Danish energy system. They supply electricity and heat to our customers and contribute to supporting the transformation to renewable energy in the energy system of the future. In 2025 Management divested its UK business involved in the production of enzymatic waste-treatment technology. • entity
  • development in activities and financial affairs • The company's income statement for the year ended 31 December 2025 shows a loss of -291.301 TDKK (2024: profit of 391.949 TDKK), and the balance sheet at 31 December 2025 shows equity 8.068.444 TDKK (2024: 8.335.726 TDKK). The 2025 activity highlights:• We continued sourcing 100 % third-party certified sustainable biomass for our biomass-fueled CHP plants,• We initiated Esbjerg Power Station decommissioning process,• We delivered strong performance on our ancillary services that are vital to the stable operation of the Danish grid. Revenue decreased by 7%, from 10.109 mDKK in 2024 to 9.389 mDKK in 2025, primarily driven by lower power and heat production. Power production was affected by the termination of forced operations at ESV and SSV from August 2024, as well as an extended revision period and multiple outages during the year. Heat production declined due to warmer weather. Gross profit increased by 8%, mainly driven by lower fuel costs. Up to August 2024, operations still included consumption of fossil fuels; the phase-out of these volumes also reduced CO₂ emissions costs. In 2025, 1.806 mDKK were invested in property, plant and equipment. The investments relate primarily to Carbon Capture & Storage project and reinvestments at the power plants. The Danish government have committed to support CCS projects through an up to 8 bnDKK tender in 2023. The Danish Energy Agency (DEA) has awarded Ørsted a 20-year contract for our carbon capture and storage (CCS) project ‘Ørsted Kalundborg Hub’. The project entails Ørsted establishing carbon capture at our wood chip-fired Asnæs Power Station in Kalundborg in western Zealand and at our Avedøre Power Station’s straw-fired boiler in the Greater Copenhagen area, COD is planned in the last quarter of 2026. • entity
  • development in activities and financial affairs • Operating risks The financial result of Ørsted Bioenergy & Thermal Power A/S is significantly affected by the development in a number of market prices, including biomass, oil, gas, electricity, CO2 quotas and the dollar exchange rate. Parts of the market price exposure are hedged in accordance with the company's hedging strategy. Other factors that affect the financial results are the market's needs for flexibility, as well as the regulatory framework conditions. In addition the construction of the first carbon capture project continues to follow the construction plan and have commercial operation in 2026. Ørsted Bioenergy & Thermal Power A/S has secured biomass on long-term contracts and expect to have enough for delivering heat on biomass. • entity
  • development in activities and financial affairs • The company's income statement for the year ended 31 December 2025 shows a loss of -291.301 TDKK (2024: profit of 391.949 TDKK), and the balance sheet at 31 December 2025 shows equity 8.068.444 TDKK (2024: 8.335.726 TDKK). The 2025 activity highlights: • We continued sourcing 100 % third-party certified sustainable biomass for our biomass-fueled CHP plants, • We initiated Esbjerg Power Station decommissioning process, • We delivered strong performance on our ancillary services that are vital to the stable operation of the Danish grid. Revenue decreased by 7%, from 10.109 mDKK in 2024 to 9.389 mDKK in 2025, primarily driven by lower power and heat production. Power production was affected by the termination of forced operations at ESV and SSV from August 2024, as well as an extended revision period and multiple outages during the year. Heat production declined due to warmer weather. Gross profit increased by 8%, mainly driven by lower fuel costs. Up to August 2024, operations still included consumption of fossil fuels; the phase-out of these volumes also reduced CO₂ emissions costs. In 2025, 1.806 mDKK were invested in property, plant and equipment. The investments relate primarily to Carbon Capture & Storage project and reinvestments at the power plants. The Danish government have committed to support CCS projects through an up to 8 bnDKK tender in 2023. The Danish Energy Agency (DEA) has awarded Ørsted a 20-year contract for our carbon capture and storage (CCS) project ‘Ørsted Kalundborg Hub’. The project entails Ørsted establishing carbon capture at our wood chip-fired Asnæs Power Station in Kalundborg in western Zealand and at our Avedøre Power Station’s straw-fired boiler in the Greater Copenhagen area, COD is planned in the last quarter of 2026. • entity
  • expected development • The gross profit for 2026 is expected to be in line with 2025 as the energy markets are stabilizing. The Company expects an EBITDA of DKK 1 bDKK for 2026. Main revenue from heat and power production amounts to 8.8 bDKK and expected fuel costs is 5.5 bDKK. The other costs planned is 2.1 bDKK. CAPEX investment is expected to be 1.8 bDKK whereof project Carbon Capture & Storage is DKK 1.1 bDKK.Ørsted Bioenergy & Thermal Power A/S' strategic focus is:• Continue to optimize our CHP plants,• Execute on the awarded Carbon Capture & Storage project. • entity
  • expected development • The gross profit for 2026 is expected to be in line with 2025 as the energy markets are stabilizing. The Company expects an EBITDA of DKK 1 bDKK for 2026. Main revenue from heat and power production amounts to 8.8 bDKK and expected fuel costs is 5.5 bDKK. The other costs planned is 2.1 bDKK. CAPEX investment is expected to be 1.8 bDKK whereof project Carbon Capture & Storage is DKK 1.1 bDKK. Ørsted Bioenergy & Thermal Power A/S' strategic focus is: • Continue to optimize our CHP plants, • Execute on the awarded Carbon Capture & Storage project. • entity
  • result compared with expectations • Financial performance for 2025 was slightly below the level assumed in the prior year’s Annual Report, primarily due to higher other operating expenses recognised in 2025. This was mainly driven by an update of decommissioning provisions as well as the disposal of coal remaining in storage. Revenue from heat and power, as well as fuel costs, were below the prior year expectations, mainly as a result of warm and windy weather conditions. This negative impact was partially offset by higher than expected revenue from ancillary services. CAPEX in 2025 was 0.5 mDKK below forecast, primarily due to delays in Carbon Capture & Storage project and lower than anticipated actual costs on certain projects. • entity
  • recognition measurement uncertainty • The recognition and measurement of items in the annual report is not associated with any uncertainty. • entity
  • unusual matters • In pursuance of Section 99d of the Danish Financial Statements Act, the Company has omitted information on data ethics. Reference is made to the 2025 Data Ethics statement of Ørsted A/S: https://orsted.com/en/about-us/our-organisation/corporate-governance/data-ethics-report • entity
  • unusual matters • In pursuance of Section 99d of the Danish Financial Statements Act, the Company has omitted information on data ethics. Reference is made to the 2025 Data Ethics statement of Ørsted A/S: https://orsted.com/en/about-us/our-organisation/corporate-governance/data-ethics-report • entity
  • subsequent events • No events have occurred after the balance sheet date which could significantly affect the company's financial position. • entity
  • mortgages collateral • As security towards subsidiaries supplier and leasing agreements, the Company has provided parent company guarantees amounting 10 TDKK, 0,3 mNOK and 25 mGBP. • entity