Justsen Energiteknik

What Justsen Energiteknik does

Justsen Energiteknik A/S is a privately held Danish original equipment manufacturer founded in 1959 that designs, manufactures, and services biomass-fueled boiler systems spanning 300 kW to 30 MW. Its core product portfolio covers hot water boilers, saturated steam boilers, superheated steam boilers for combined heat and power (CHP), Organic Rankine Cycle (ORC) boilers, and WID/IED-compliant boilers that combust contaminated wood waste and other waste-derived biomass, complemented by a standardized ARGUS cost-effective line and OEM system elements for fuel handling. The company differentiates through proprietary bag filter flue-gas cleaning technology, deep engineering know-how built over six decades, and bespoke configurations tailored to fuel type, emissions standards, automation, and process requirements.

Justsen monetizes through three revenue streams: one-time project sales of custom-engineered boiler systems (contract values typically in the millions of DKK or AUD, e.g., ~25M DKK for the Midtlangeland district heating project and ~$10M AUD for the MSM Milling canola plant), recurring after-sales service agreements (Basic Support, Service Plus, 10-Year Extended Warranty, Remote Alarm Service, Emergency Box spare parts), and spare parts supply. Go-to-market combines a curated network of local technical partners in selected geographies (KG Systems for greenhouses, Tjaereborg Industri in Denmark, Latvijas Energoceltnieks in Latvia, New Heat Group in Lithuania) with wholly-owned subsidiaries Justsen Pacific Pty Ltd (Sydney, established 2017) for Asia Pacific and Euro Therm A/S (acquired 2019) for Denmark. The company serves enterprise customers across at least eight verticals including district heating, CHP, greenhouses, textile, food and beverage, biogas, and wood processing, with reference customers such as Neame Lea / Bridge Farm Group, Rigas energija, Gildan, MSM Milling, Grøngas Vra, Dovista, and Kangshifu.

Ownership remains with the founding family — Claus Justsen is identified as Owner — with Anders Jacobsen serving as CEO. Operating geographies span Europe (UK, Denmark, Latvia, Lithuania), North America (Honduras), and Asia Pacific (Australia, China). No external funding, parent company, or public listing is disclosed.

Name

Justsen Energiteknik

Legal name

Justsen Energiteknik A/S

Website

https://justsen.dk

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

11–50 employees

Short description

Justsen Energiteknik A/S is a privately held Danish OEM founded in 1959 that designs and manufactures custom biomass-fueled boiler systems (300 kW to 30 MW) for enterprise customers across district heating, CHP, greenhouses, textile, food processing, biogas, and wood-processing industries globally, supported by technical partners and subsidiaries in Australia and Denmark.

Ownership category

akta.pro rank

Product category

Industrial Biomass Boiler Systems

NAICS

Power Boiler and Heat Exchanger Manufacturing (33241), Power Boiler and Heat Exchanger Manufacturing (332410), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

Heating Equipment, Except Electric & Warm Air Furnaces (3433), Fabricated Plate Work (Boiler Shops) (3443), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Industrial Biomass Boilers & Steam Systems (Process Heat) (EUAAAGAC)

akta.pro secondary industries

Biomass Combustion & Boiler Island Technology (Grates, Fluidized Bed, Burners) (EUAAAGAG), Heat Recovery & Thermal Integration for Biomass Plants (Economizers, ORC, Heat Exchangers) (EUAAAGAL), Boilers, Furnaces & Process Heating Equipment (IMAHAKAD)

Keywords

• Biomass boiler systems
• Steam boiler manufacturing
• District heating solutions
• Combined heat and power
• Renewable energy equipment

Headquarters

HQ city

Brabrand

HQ country

Denmark

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Biomass Boiler Systems: Custom-designed and manufactured biomass boiler systems sold as OEM equipment. Revenue is project-based with significant contract values typically in the millions (e.g., 25 million DKK for Midtlangeland project).
2. After-Sales Service and Support: Service agreements including Basic Support (telephone support with spare parts discounts), Service Plus (two annual site visits), 10 Years Extended Warranty, Remote Alarm Service, and Emergency Box (strategic spare parts).
3. Spare Parts: Original Justsen spare parts sold to existing customers.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Justsen Energiteknik A/S is an original equipment manufacturer (OEM) specializing in biomass-fueled boiler systems ranging from 300 kW to 30 MW. The company designs and manufactures hot water boilers, saturated steam boilers, superheated steam boilers for combined heat and power (CHP), boilers for Organic Rankine Cycles (ORC), and WID/IED-compliant waste-fuel boilers, serving industrial, district heating, agricultural, and energy customers globally through a network of technical partners and direct subsidiaries.

Product overview

Justsen Energiteknik A/S is an original equipment manufacturer (OEM) specializing in biomass fueled boiler systems. The company offers a comprehensive portfolio of boiler products that work together to provide complete bioenergy solutions: the core JUSTSEN Hot Water and Saturated Steam boiler ranges form the primary product lines for various industrial and district heating applications; Superheated Steam Boilers (CHP) enable combined heat and power generation; specialized ORC and WID/IED boilers address niche applications like Organic Rankine Cycles and waste-to-energy; the ARGUS standardized line provides cost-optimized versions for common requirements; and System Elements (OEM) offer complementary components for fuel handling and energy systems. The company operates through technical partners worldwide and maintains subsidiaries including Justsen Pacific and Euro Therm.

Differentiator

Problem solved

Functional benefit

Brands

• ARGUS: ARGUS brand of standardized hot water boiler lines offered by Justsen Energiteknik.

Products and services

• JUSTSEN Hot Water Boilers A large range of biomass-fueled hot water boilers configurable in capacity, temperature, pressure, fuel type, emission standards, and automation levels. Used by district heating utilities, greenhouses, and industrial facilities for renewable heating.
• JUSTSEN Saturated Steam Boilers A comprehensive range of saturated steam boilers custom-engineered to client specifications for capacity, temperature, pressure, fuel type, emission standards, and automation. Used in textile, food, and beverage industries for process steam.
• JUSTSEN Superheated Steam Boilers (CHP) Superheated steam boilers designed primarily for operation with steam turbines to produce electricity, with residual thermal energy utilized as hot water or saturated steam. Bespoke boilers optimized for capacity, superheated steam temperature, emission standards, and automation.
• Boilers for Organic Rankine Cycles (ORC) Specialized boilers designed for Organic Rankine Cycle systems that enable electricity generation from lower-temperature heat sources using organic working fluids.
• Renewables (WID/IED) Boilers Bespoke solutions for using waste as fuel, such as contaminated wood waste, designed for hot water or saturated steam applications and compliant with the Waste Incineration Directive (WID) and Industrial Emissions Directive (IED) standards.
• ARGUS Standardized Hot Water Boilers Two standardized hot water boiler lines under the ARGUS brand offering more standardized configurations for hot water heating applications, providing cost-effective solutions for common requirements.
• Justsen System Elements (OEM) A range of system elements designed and manufactured for use in connection with fuel handling and energy systems, offering OEM components that maintain the same quality and build standards as all other Justsen products.
• After-Sales Service and Support Service agreements covering Basic Support (telephone support with spare parts discounts), Service Plus (two annual site visits), a 10-Year Extended Warranty, Remote Alarm Service, and Emergency Box strategic spare parts, delivered to existing biomass boiler customers worldwide.

Quantifiable outcome

• Midtlangeland Fjernvarme project valued at approximately 25 million DKK
• +1 more outcomes

Named customers8 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Euro Therm A/ScoreOthers · 1 July 2019In July 2019, Euro Therm A/S (a biomass boiler manufacturer and turnkey solutions supplier) filed for bankruptcy. Justsen acquired all Euro Therm assets including service engineers and equipment. Euro Therm is now a fully owned subsidiary.
• Justsen Pacific Pty LtdcoreOthers · 1 January 2017Wholly-owned subsidiary established in Sydney, Australia in 2017 to serve as the Asia Pacific presence. Combines Australian heritage and presence with technical knowledge and distinguished reliability of Danish manufacturing to deliver dependable, economical, and advanced bio-energy boiler capability.
• KG SystemscoreStrategic or Co-development PartnerDutch company specializing in turn-key greenhouse projects. Partnered with Justsen for greenhouse projects such as Neame Lea in the UK, providing complete biomass boiler solutions for greenhouse heating.
• Tjæreborg IndustriminorStrategic or Co-development PartnerDanish industrial partner that collaborated with Justsen on the Midtlangeland Fjernvarme district heating project.
• Latvijas Energoceltnieks LtdminorImplementation/ SI/ Consulting PartnerConstruction works partner for the CHP Plant 'Rigas energija' in Latvia, performing the construction works for the biomass plant.
• New Heat GroupminorChannel Partner/ Reseller/ DistributorLocal technical partner in Lithuania for implementing biomass boiler projects in the wood processing industry.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Cleaver-Brooks: North American boiler and burner manufacturer with biomass and industrial heating offerings. Comparable to Justsen in industrial boiler systems but with broader conventional boiler portfolio and larger installed base across commercial and industrial customers.
• Babcock & Wilcox: Large US-headquartered boiler manufacturer with biomass and waste-to-energy offerings alongside conventional utility and industrial boiler systems. Overlaps with Justsen in industrial-scale biomass boiler technology but at significantly greater scale and project execution capability.
• Valmet: Large Finnish industrial process and biomass boiler manufacturer serving pulp, paper, energy, and district heating customers globally. Competes with Justsen in biomass-fired boilers and CHP plant equipment but operates at much larger scale across a broader process-equipment portfolio.
• Thermax Limited: Indian-headquartered energy and environmental solutions provider with biomass-fired and industrial boiler offerings for global customers. Comparable to Justsen in industrial biomass boiler technology but serves a much broader industrial portfolio across more geographies and customer segments.
• Hoval: Liechtenstein-based heating technology manufacturer with biomass boiler and heat pump offerings for industrial and commercial customers. Comparable in biomass-fired heating equipment focus but operates a much broader heating technology portfolio across more geographies.
• Bosch Industriekessel (Bosch Heat Technology): Industrial boiler manufacturer producing biomass, waste-to-energy, and conventional boiler systems for industrial and district heating customers in Europe. Comparable to Justsen in biomass boiler offerings but part of a much larger diversified industrial group with broader technology and service capabilities.
• Andritz: Global Austrian supplier of biomass boiler islands, heat recovery, and power generation equipment for utilities and industry. Overlaps with Justsen in biomass-fired boiler systems and CHP technology but offers a much wider technology and service portfolio at significantly larger scale.

Direct peers

• Binder Energietechnik: Austrian manufacturer of biomass-fired boiler systems for district heating and industrial applications, with comparable capacity range and similar focus on renewable biomass fuels. Closely mirrors Justsen's mid-sized specialist OEM positioning in biomass boiler systems.
• Polytechnik: Austrian-headquartered specialist in biomass combustion plants and boiler island technology, serving district heating and industrial heat customers across Europe. Highly comparable to Justsen in product focus (biomass-fired boiler systems), customer overlap (district heating and industry), and project-based OEM business model.

Emerging players

• Forbes Marshall: Indian steam engineering and boiler manufacturer offering biomass-fired and conventional industrial boiler systems. Comparable to Justsen in industrial steam boiler focus and custom-engineered project model, but smaller in biomass specialization and more regional in footprint.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/justsenenergi
• Facebookfacebook.com/JustsenEnergiteknikAS
• LinkedInlinkedin.com/company/justsen

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Justsen Energiteknik