Værket

What Værket does

Værket is a live entertainment venue complex in Randers, Denmark, operated from a restored 1906 power station (rebranded as a cultural venue in 2013) that comprises eight performance spaces ranging from the 1,005-seat Store Sal to the 20-seat Stjernegalleriet, plus the Turbinen music hall and outdoor Amfiscenen stage. The venue hosts approximately 300 events per year spanning rock and pop concerts, theater, musicals, comedy, classical music, opera, cabaret, family entertainment, and talkshows, and books forward through 2027 including first-in-Denmark productions such as TINA – The Tina Turner Musical.

Værket operates three primary revenue streams. First, consumer ticket sales distributed through its own box office and website (vaerket.dk), with prices ranging from 40 DKK for foyer concerts to 695 DKK for premium musicals, plus subscription products such as Teaterpakken (seven performances, 1,000 DKK savings via Randers Teaterforening) and Familieteaterpakken. Second, corporate venue rental across all halls for meetings, conferences, and private celebrations, with technical AV support and catering; named enterprise clients include Danish Crown, Nordea, Sparekassen Kronjylland, Arbejdernes Landsbank, Spar Nord, Totalkredit, Danish Broadcasting Corporation (DR), Jysk Fynske Medier, Randers Kommune, Region Midt, Favrskov Kommune, the Ministry of Foreigners/Integration/Housing, Royal UniBrew, and Gudenåkomitéen. Third, on-site food and beverage via Restaurant Madværket, a French-Nordic fusion restaurant operated by chef Christian Enoch, plus sponsorship income (Sparekassen Kronjylland as a named annual sponsor) and gift cards. Marketing is conducted through the venue website, monthly email newsletter with a 500 DKK prize draw, Facebook, and cross-promotion with local partners including Underværket, Folkemusik i Randers, and Randers Teaterforening.

The business appears to be a municipal cultural institution tied to Randers Kommune, with no disclosed venture or private-equity ownership, no parent company, and no M&A history. The subsidiary Restaurant Madværket operates under a management agreement with chef Christian Enoch, and there are no patents, trademarks, certifications, or AI/technology products disclosed. Revenue is not publicly disclosed; the operating model blends ticket sales, corporate rentals, restaurant revenue, sponsorship, and likely municipal subsidy into a regional cultural-venue business serving the Randers and East Jutland market.

Name

Værket

Legal name

Værket

Website

https://vaerket.dk

Company type

Private

Founded year

1906

Operating status

Operating

Short description

Værket is Randers' municipal live entertainment venue complex, housed in a restored 1906 power station with eight performance spaces hosting ~300 concerts, theater, musicals, comedy, classical, and family events annually, serving local consumer audiences, corporate clients, and private celebrations, with on-site Restaurant Madværket.

Ownership category

akta.pro rank

Product category

Live Entertainment Venue

NAICS

Promoters of Performing Arts, Sports, and Similar Events with Facilities (71131)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro industry

PRIMARYMPAGALAC

Concert Halls & Music Venue Operations (Symphony Halls, Recital Venues)

Media, Entertainment & Sports/Live Entertainment & Events (Concerts, Theater, Festivals)/Event Venues & Venue Operations (Arenas, Theaters, Halls)

Keywords

• Live entertainment venue
• Concert and theater hosting
• Corporate event venue rental
• Cultural arts programming
• Subscription theater packages

Headquarters

HQ city

Randers

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Ticket Sales: Primary revenue stream from selling tickets to concerts, theater performances, comedy shows, musicals, and other live events across Værket's multiple venues.
2. Restaurant Madværket: On-site restaurant operated by kok Christian Enoch, serving French-Nordic fusion cuisine. The restaurant is available for event attendees and general public, generating food and beverage revenue.
3. Corporate Events and Venue Rental: Renting out venues (Store Sal, Ridehuset, Koncertsalen, Stjernegalleriet, Søjlesalen, Balkonbaren, Amfiscenen) for corporate meetings, conferences, parties, and private events. Includes AV equipment, technical support, and catering coordination.
4. Sponsorships: Partnerships with local and regional sponsors including Sparekassen Kronjylland, with various sponsorship packages available for businesses.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Værket operates a multi-venue live entertainment complex in Randers, Denmark, housed in a restored 1906 power station. The complex comprises multiple performance spaces — Store Sal (up to 1,005 guests), Koncertsalen, Ridehuset, Turbinen, and smaller halls — and hosts approximately 300 events per year spanning concerts, musicals, theater, comedy, classical music, cabaret, family entertainment, and talkshows. The venue also offers corporate and private event hosting, an on-site restaurant (Madværket), theater subscription packages, gift cards, and backstage tours.

Product overview

Værket is a cultural venue complex in Randers, Denmark, operating from a restored power station built in 1906. The venue encompasses multiple stages: Store Sal (main music/theater hall, 450-1,005 capacity), Koncertsalen (100-444 capacity, in the old turbine hall), Ridehuset (80-700 capacity, former dragon barracks), Turbinen (music venue), and smaller function spaces. The venue hosts approximately 300 events annually including concerts, theater productions, musicals, comedy shows, classical performances, cabaret, and family entertainment. Supporting services include Restaurant Madværket (French-Nordic cuisine), gift cards, theater subscription packages (Teaterpakken, Familieteaterpakken), conference facilities, and backstage tours. Events are promoted through the magazine 'DET SKER' and various subscription packages.

Differentiator

Problem solved

Functional benefit

Products and services

• Værket & Turbinen Venues A multi-venue live entertainment complex in Randers, Denmark, housed in a former 1906 power station. Encompasses Store Sal (up to 1,005 guests), Koncertsalen (100-444 guests), Ridehuset (80-700 guests), Turbinen (music venue), and smaller function spaces (Stjernegalleriet, Søjlesalen, Balkonbaren, Amfiscenen).
• Concert Programming Live concert performances across multiple genres including rock, pop, jazz, classical, and tribute shows featuring Danish and international artists, held across the venue's multiple halls.
• Theater Productions Drama and theater performances including plays and theatrical productions presented in various venues within the Værket complex.
• Musical Productions Large-scale musical productions featuring popular titles such as Askepot (Cinderella), TINA (Tina Turner), The Julekalender, and FROST (Frozen) performed in Store Sal.
• Comedy Shows Stand-up comedy shows featuring Danish comedians including Frank Hvam, Linda P, Nicolaj Stokholm, Lasse Madsen, and international performers.
• Classical Music Series Classical music concerts presented in partnership with Randers Kammerorkester, including symphonic performances, opera (Carmen), oratorio (Messias), and chamber music.
• Cabaret Performances Cabaret shows presented in Turbinen venue, featuring ensembles and storytelling performances.
• Family Entertainment Family-friendly shows and children's programming including Børstes Juleshow, Fyrtøjet, Cirkelines Museskole, and Ternet Ninja Live.
• Talkshows Talk shows and interviews featuring notable guests including An Evening with Priscilla Presley and live podcast recordings.
• Restaurant Madværket On-site restaurant offering French-Nordic fusion cuisine with honest food, local ingredients, and large flavor experiences. Operated by chef Christian Enoch and open to event attendees and the general public.
• Teaterpakken (Theater Package) Season theater subscription package in collaboration with Randers Teaterforening offering seven performances with savings of 1,000 DKK.
• Familieteaterpakken (Family Theater Package) Subscription package for family-friendly theater performances.
• Gift Cards (Gavekort) Gift vouchers redeemable for all events at Værket & Turbinen and at Restaurant Madværket.
• Conference & Event Services Meeting, conference, and party facilities with professional AV equipment, catering by Madværket, and technical support for corporate and private events. Venues include Store Sal, Ridehuset, Koncertsalen, Stjernegalleriet, Søjlesalen, Balkonbaren, and Amfiscenen.
• net:vaerket and net:vaerket+ Networking packages for business events and conferences at Værket, designed for corporate clients seeking combined venue and networking experiences.
• Perlerækken Concert series collaboration between Turbinen and Underværket focusing on new music for curious music lovers, with SU-friendly pricing. Concerts alternate between Underværket and Turbinen venues.
• Værket Backstage Tours Behind-the-scenes guided tours of Værket's history, development, and anecdotes about the historic venue, available as an add-on for events.

Quantifiable outcome

• Værket hosts approximately 300 events per year
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• UnderværketcoreStrategic or Co-development PartnerVærket's Turbinen venue partners with Underværket on 'Perlerækken' (Pearl Series), a concert series showcasing new music for curious music lovers. Concerts alternate between Underværket and Turbinen venues. The collaboration expands the musical offerings and brings diverse new artists to both venues, with SU-friendly pricing and music for all audiences.
• Randers TeaterforeningcoreChannel Partner/ Reseller/ DistributorAnnual partnership presenting the 'Teaterpakken' (Theater Package) with seven performances, offering savings of 1,000 DKK. Randers Teaterforening promotes theater subscriptions and coordinates with Værket for discounted multi-show access to subscribers.
• Restaurant MadværketcoreImplementation/ SI/ Consulting PartnerOn-site restaurant operated by kok Christian Enoch, providing all catering for events at Værket. The restaurant serves French-Nordic fusion cuisine using local ingredients, complementing the entertainment experience with pre-show dinners and special event menus.
• Randers KammerorkestercoreStrategic or Co-development PartnerOngoing collaboration with Randers Kammerorkester (Randers Chamber Orchestra), which presents numerous classical concerts at Værket throughout the year. Jointly organized events include subscription series and special performances.
• Folkemusik i RandersminorChannel Partner/ Reseller/ DistributorLocal folk music organization offering membership benefits including 50 DKK discount per ticket to FiR events (up to 4 tickets per concert). Helps promote folk music concerts at Turbinen venue.
• Den Jyske OperacoreStrategic or Co-development PartnerPartnership with Den Jyske Opera (The Danish Opera House in Jutland) to present opera performances at Værket, such as the Carmen production performed with Aarhus Symfoniorkester.
• Sparekassen KronjyllandminorGTM or Marketing PartnerSponsor of the annual 'Store Familiedag' (Big Family Day) during Randers Festugen, offering free entry family entertainment. Annual partnership supporting community engagement.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Kulturværftet (Helsingør): Helsingør cultural venue housed in a converted shipyard building, hosting concerts, theater, and cultural events. Comparable to Værket in adaptive-reuse heritage setting and multi-genre programming.
• Aalborg Kongres & Kultur Center (AKKC): Aalborg-based congress and cultural center combining concerts, theater, conferences, and exhibitions. Directly comparable to Værket's blended entertainment and corporate-event business model in a Danish regional market.
• Musikkens Hus (Aalborg): Aalborg's dedicated music house presenting concerts across genres including classical, jazz, rock, and folk. Directly comparable to Værket's concert-hall function and music programming focus.
• Musikhuset Aarhus: Aarhus's flagship music and concert venue offering concerts, theater, and conferences across multiple halls. Directly comparable to Værket as a multi-hall Danish regional cultural venue serving a comparable Jutland audience base.
• Vejle Musikteater: Mid-size Danish regional music theater hosting concerts, musicals, comedy, and conferences. Closely comparable to Værket in scale, programming mix, and Jutland regional positioning.
• Odense Koncerthus (Odeon): Odense's concert and events venue presenting concerts, theater, comedy, and corporate events. Comparable to Værket as a Danish multi-genre cultural venue with similar B2C/B2B revenue structure.

Broad incumbents

• DR Koncerthuset (Copenhagen): Copenhagen's premier concert hall operated by Danmarks Radio, presenting classical music, jazz, and large-scale concerts. Comparable to Værket as a Danish concert venue, but operates at significantly larger scale and prestige tier.
• Det Kongelige Teater (Royal Danish Theatre): Denmark's national theater and opera institution, presenting ballet, opera, theater, and orchestral concerts. Comparable to Værket in performing-arts programming, but operates at much larger national scale with broader genre scope.
• Forum Copenhagen: Large Copenhagen arena hosting major concerts, corporate events, and conferences. Comparable to Værket in concert/corporate-event verticals, but at significantly larger capacity and national/international touring-act scale.

Regional players

• Malmö Live (Malmö Live Konserthus): Multi-venue concert and congress hall in Malmö, Sweden, presenting classical, pop/rock concerts, and conferences. Comparable to Værket in multi-space programming model and concert + corporate-event mix, but serving the Øresund region rather than Denmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/vaerket
• Facebookfacebook.com/vaerket
• LinkedInlinkedin.com/company/vaerket
• Instagraminstagram.com/vaerket

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Værket