Ok A.m.b.a.
ABAActiveCVR 39170418Åhave Parkvej 11, 8260 Viby JWholesale of solid, liquid and gaseous fuels and related products· NACE 4681Est. 1978 · 48 years old1,225 employees
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Overview
Ok A.m.b.a. is a Danish ABA based in Viby J, operating in the Wholesale of solid, liquid and gaseous fuels and related products sector. Incorporated in 1978, the company has 1,225 employees and reported revenue of DKK 11.7bn in its latest annual filing.
Revenue 2025
11.7B DKK
−4% vs 2024
EBITDA margin
6.0 %
+13% vs 2024
Net profit 2025
0.9B DKK
-33% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
62.3 %
StrongAmong the 30% highest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.7×
AverageAround the average of companies in the same industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
7.8 %
StrongAmong the 40% highest rated companies in the industry
20212025
EBITDA — year on year
DKK millionsKey figures
Annual report 2025| Revenue | 11.7B DKK | -4% |
| EBITDA | 0.7B DKK | +13% |
| Net profit | 0.9B DKK | -33% |
| Total assets | 11.2B DKK | +2% |
| Equity | 7B DKK | +10% |
| Employees | 1,225 | — |
Company information
Legal name
OK A.M.B.A.
CVR number
39170418
Legal form
Andelsselskab (-forening) med begrænset ansvar
Founded
1 January 1978 · 48 years
Share capital
—
Employees
1,225 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den samlede hovedbestyrelse eller af en direktør i forening med formanden eller næstformanden.
Company purpose
Selskabets formål er at handle med energiprodukter og produkter og tjenesteydelser relateret hertil samt at drive transportvirksomhed og anden virksomhed, med eller uden forbindelse med hovedformålet. Selskabet kan foretage investering i andre selskaber.
(no translation available)
Address
Åhave Parkvej 11, 8260 Viby J
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Financial development
In its most recent annual report (2025), Ok A.m.b.a. reported revenue of DKK 11.7bn, a decrease of 4% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 870.9m, and the EBITDA margin stood at 6%.
At the end of 2025, equity financed 62.3% of the balance sheet, and current assets covered short-term debt 1.7 times.
Financials
Revenue
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 11,693,613 | 12,190,397 | 12,786,179 | 16,541,293 | 9,811,784 |
| Staff expenses | — | -587,990 | -525,301 | -325,243 | -238,297 |
| EBITDA | 698,135 | 619,260 | 627,662 | 814,425 | 852,524 |
| Depreciation & amort. | — | -0 | -0 | -0 | -0 |
| EBIT | 698,135 | 619,260 | 627,662 | 814,425 | 852,524 |
| Net financials | 320,505 | 804,892 | 369,470 | 211,573 | 141,586 |
| Profit before tax | 1,018,640 | 1,433,383 | 1,025,901 | 1,026,436 | 994,110 |
| Tax | 147,713 | 130,026 | 155,230 | 182,151 | 187,216 |
| Net profit | 870,927 | 1,303,357 | 870,671 | 844,285 | 806,894 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 11,177,704 | 10,998,204 | 8,505,372 | 7,903,119 | 6,932,022 |
| Equity | 6,966,411 | 6,313,712 | 5,436,333 | 4,784,614 | 4,204,818 |
| Long-term debt | 1,250,000 | 1,250,000 | 0 | 9,267 | 10,950 |
| Short-term debt | 2,707,028 | 3,267,241 | 2,966,072 | 3,036,645 | 2,632,740 |
| Total debt | 3,957,028 | 4,517,241 | 2,966,072 | 3,045,912 | 2,643,690 |
Financial ratios
5-year trendEBITDA margin
6.0 %
20212025
Equity ratio
62.3 %
StrongAmong the 30% highest rated companies in the industry
20212025
Return on equity
12.5 %
AverageAround the average of companies in the same industry
20212025
Net profit margin
7.4 %
StrongAmong the 30% highest rated companies in the industry
20212025
Asset turnover
1.05×
AverageAround the average of companies in the same industry
20212025
Debt / equity
0.60×
StrongAmong the 40% highest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 40% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginStrong
Among the 30% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginStrong
Among the 30% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 40% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioStrong
Among the 40% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 10% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 20% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 30% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 40% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 40% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 40% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalStrong
Among the 40% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
TØ Deputy | Deputy | 2025 |
KM Deputy | Deputy | 2025 |
ML Management | Management | 2020 |
ML Chief Executive Officer | Chief Executive Officer | 2022 |
MM Management | Management | 2024 |
Former (61)
NO Management | Management | 2008 – 2023 |
JJ Unofficial title | Unofficial title | 2001 – 2025 |
HA Unofficial title | Unofficial title | 2009 – 2025 |
SE Unofficial title | Unofficial title | 1978 – 2005 |
JF Unofficial title | Unofficial title | 2011 – 2025 |
PS Unofficial title | Unofficial title | 1978 – 1998 |
SH Unofficial title | Unofficial title | 1978 – 2003 |
AE Unofficial title | Unofficial title | 2012 – 2025 |
KB Unofficial title | Unofficial title | 1978 – 2001 |
JD Chief Executive Officer | Chief Executive Officer | 2003 – 2022 |
MP Chief Executive Officer | Chief Executive Officer | 1978 – 2005 |
TS Management | Management | 2023 – 2024 |
EH Unofficial title | Unofficial title | 2008 – 2008 |
NJ Unofficial title | Unofficial title | 2010 – 2012 |
TB Unofficial title | Unofficial title | 2017 – 2025 |
UM Unofficial title | Unofficial title | 2011 – 2013 |
EH Unofficial title | Unofficial title | 2021 – 2025 |
NB Unofficial title | Unofficial title | 2003 – 2011 |
LA Unofficial title | Unofficial title | 1978 – 1999 |
OS Unofficial title | Unofficial title | 1999 – 2001 |
JB | Deputy | 2025 – 2026 |
CJ Unofficial title | Unofficial title | 2016 – 2021 |
JM Unofficial title | Unofficial title | 2009 – 2010 |
PJ Unofficial title | Unofficial title | 2007 – 2012 |
JM Unofficial title | Unofficial title | 2002 – 2007 |
SA Unofficial title | Unofficial title | 2006 – 2012 |
PT Unofficial title | Unofficial title | 2006 – 2008 |
OB Unofficial title | Unofficial title | 1978 – 2003 |
DP Unofficial title | Unofficial title | 2008 – 2010 |
TS Unofficial title | Unofficial title | 2008 – 2010 |
AL Unofficial title | Unofficial title | 2012 – 2015 |
FA Unofficial title | Unofficial title | 1978 – 2005 |
GH Unofficial title | Unofficial title | 1978 – 2000 |
PL Unofficial title | Unofficial title | 2022 – 2025 |
LB Unofficial title | Unofficial title | 2013 – 2024 |
GC Unofficial title | Unofficial title | 2017 – 2017 |
PV Unofficial title | Unofficial title | 1978 – 2002 |
FO Unofficial title | Unofficial title | 2005 – 2012 |
LH Unofficial title | Unofficial title | 2008 – 2009 |
PB Unofficial title | Unofficial title | 2004 – 2009 |
PL Unofficial title | Unofficial title | 2010 – 2013 |
AK Unofficial title | Unofficial title | 2025 – 2025 |
JM Unofficial title | Unofficial title | 2010 – 2016 |
LF Unofficial title | Unofficial title | 2012 – 2021 |
PT Unofficial title | Unofficial title | 2016 – 2017 |
BE Unofficial title | Unofficial title | 1978 – 2001 |
PA Unofficial title | Unofficial title | 2025 – 2025 |
HC Unofficial title | Unofficial title | 2001 – 2004 |
JE Unofficial title | Unofficial title | 2003 – 2004 |
JÅ Unofficial title | Unofficial title | 1978 – 1996 |
TJ Unofficial title | Unofficial title | 1978 – 1997 |
EL Unofficial title | Unofficial title | 2014 – 2017 |
MH Unofficial title | Unofficial title | 2008 – 2012 |
PV Unofficial title | Unofficial title | 2012 – 2022 |
ES Unofficial title | Unofficial title | 1978 – 2001 |
NJ Unofficial title | Unofficial title | 2001 – 2003 |
KL Unofficial title | Unofficial title | 2005 – 2007 |
LB Unofficial title | Unofficial title | 2004 – 2006 |
KØ Unofficial title | Unofficial title | 2017 – 2024 |
EB Unofficial title | Unofficial title | 2001 – 2002 |
FH Unofficial title | Unofficial title | 1998 – 2005 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (12) | ||
HA Board of Directors | Board of Directors | 2025 |
JF Board of Directors | Board of Directors | 2025 |
AE Board of Directors | Board of Directors | 2025 |
IH Board of Directors | Board of Directors | 2025 |
TF Board of Directors | Board of Directors | 2025 |
FM Chairman | Chairman | 2025 |
TB Board of Directors | Board of Directors | 2025 |
PL Board of Directors | Board of Directors | 2025 |
BQ Board of Directors | Board of Directors | 2025 |
AK Board of Directors | Board of Directors | 2025 |
PA Board of Directors | Board of Directors | 2025 |
EL Deputy Chairman | Deputy Chairman | 2025 |
Former (3)
JE Chairman | Chairman | 1978 – 2008 |
NJ Deputy Chairman | Deputy Chairman | 2001 – 2001 |
JP Deputy Chairman | Deputy Chairman | 2006 – 2012 |
Shareholders
Active legal ownersNo shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Company hierarchy
Ok A.m.b.a. (this company)
OK Energiteknik A/S100% ownedFøniksbyen 2 ApS100% ownedGodEnergi A/S66.67% ownedOk Plus A/S100% ownedSamfinans A/S100% ownedFleetGrid ApS100% ownedOK El ApS100% ownedApS ARBEJDERNES KULFORRETNING50% ownedSamtank A/S50% ownedEnity A/S100% ownedBoard network connections
Board members of Ok A.m.b.a. also hold positions in 228 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Torben Friis Lange | Board of Directors | 25 companiesMany roles |
| Kræn Østergård Nielsen | Unofficial title | 17 companiesMany roles |
| Per Lykkegaard Christensen | Unofficial title | 16 companiesMany roles |
| Jørgen Dencker Wisborg | Chief Executive Officer | 13 companiesMany roles |
| Michael Lindhart Løve | Chief Executive Officer | 13 companiesMany roles |
| Per Toelstang | Unofficial title | 11 companiesMany roles |
| Torben Bruno Pedersen | Unofficial title | 10 companiesMany roles |
| Torben Sæderup Frandsen | Unofficial title | 10 companiesMany roles |
| Jesper Munck Loiborg | Unofficial title | 9 companiesMany roles |
| Michael Lamberth Sandbjerg | Management | 8 companiesMany roles |
| Lasse Bolander | Unofficial title | 8 companiesMany roles |
| Erik Larsen | Unofficial title | 8 companiesMany roles |
| Allan Lindhard Jørgensen | Unofficial title | 7 companiesMany roles |
| Morten Mosegaard Christensen | Management | 7 companiesMany roles |
| Niels Ole Ladekær Christensen | Management | 6 companiesMany roles |
| Thor Skov Jørgensen | Management | 6 companiesMany roles |
| Niels Jørgen Frederiksen | Unofficial title | 6 companiesMany roles |
| Jan Madsen | Unofficial title | 6 companiesMany roles |
| Lars Fournaise | Unofficial title | 6 companiesMany roles |
| Niels Bjerg-Nielsen | Unofficial title | 4 companies |
| Flemming Møller Rasmussen | Chairman | 4 companies |
| Henrik Andersen | Unofficial title | 3 companies |
| Jens Friis | Unofficial title | 3 companies |
| Carsten Jespersen | Unofficial title | 3 companies |
| Per Thyregod Sørensen | Unofficial title | 3 companies |
| Per Skov | Unofficial title | 2 companies |
| Dorte Prip | Unofficial title | 2 companies |
| Poul Vestergaard | Unofficial title | 2 companies |
| Anders Knudsen | Unofficial title | 2 companies |
| Poul Vester Pedersen | Unofficial title | 2 companies |
| Leo Berwald | Unofficial title | 2 companies |
| Jens Jørgen Nielsen | Unofficial title | 1 company |
| Gregers Christian Wedell-Wedellsborg | Unofficial title | 1 company |
| Bjørn Elvig Hansen | Unofficial title | 1 company |
| Birgitte Qualmann Svejstrup Eriksen | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of Ok A.m.b.a.?
Ok A.m.b.a. is registered with CVR / Virk under CVR 39170418.
What is the revenue of Ok A.m.b.a.?
Ok A.m.b.a. reported revenue of DKK 11.7bn in 2025.
How many employees does Ok A.m.b.a. have?
Ok A.m.b.a. employs 1225 people as of the latest annual report.
Who is the CEO of Ok A.m.b.a.?
Michael Lindhart Løve is the CEO of Ok A.m.b.a., in role since 2022.
Who is the chairman of Ok A.m.b.a.?
Flemming Møller Rasmussen chairs the board of Ok A.m.b.a., in role since 2025.
Where is Ok A.m.b.a. headquartered?
Ok A.m.b.a.'s registered address is Åhave Parkvej 11.