Ringsted Forsyning

What Ringsted Forsyning does

Ringsted Forsyning A/S is a Danish municipally-owned utility company headquartered at Bragesvej 18, Ringsted, Denmark, founded in 2007. The company delivers water supply, district heating, and wastewater services to residential, commercial, and public-sector customers across Ringsted Municipality. Operations are grounded in physical infrastructure, including three drinking water sources (Tystevad Vandvaerk, Havemollevej Vandvaerk, and Vigersted), a district heating distribution network, and sewer systems. Water quality indicators, such as nitrate at 1.8 mg/l, sit well under EU thresholds, reflecting compliant baseline operations.

The business model is built on regulated tariff-based revenues derived from metered and area-based charges for water and heating, plus one-off connection fees. District heating pricing is structured around an annual meter fee of 658.83 kr, an area charge of 23.75 kr/m², a consumption tariff of 570 kr/MWh, and a standard unit connection fee of 2,375 kr per 300 m² (with a campaign price of 10,000 kr available for new connections). The company is currently expanding its heating network into previously unserved areas, including an 11 km pipeline to Kvarkeby with 85 binding customer agreements and a planned rollout to Benlose covering 84 properties, executed in partnership with Arkil.

As a municipally-owned entity with 11-50 employees, Ringsted Forsyning operates within a defined concession boundary and is pursuing a sewer separation program mandated by the 2024 wastewater plan, alongside a new heating plant at Ringsted Business Park to serve commercial loads. Capital deployment is concentrated on infrastructure buildout, regulatory compliance, and incremental customer additions rather than product diversification.

Name

Ringsted Forsyning

Legal name

Ringsted Forsyning

Website

https://ringstedforsyning.dk

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Ringsted Forsyning A/S is a Danish municipally-owned utility founded in 2007 that provides water supply, district heating, and wastewater services to residential and commercial customers across Ringsted Municipality via regulated tariffs and owned infrastructure.

Ownership category

akta.pro rank

Headquarters

HQ city

Ringsted

HQ country

Denmark

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Water supply services: Revenue from water delivery to residential and commercial customers in Ringsted area, including connection fees and ongoing consumption charges.
2. District heating (fjernvarme): Revenue from district heating services including annual meter fees, area-based charges, and variable consumption charges. Connection/tapping fees for new customers.
3. Wastewater services: Revenue from wastewater collection and treatment services to connected properties.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Ringsted Forsyning A/S is a municipal utility that supplies drinking water (Vand) from three local boreholes, distributes district heating (Fjernvarme) via an owned pipe network powered by a central heating plant, and handles wastewater collection and treatment (Spildevand) including separate sewer separation projects. Services are delivered on a regulated subscription basis to residential households and commercial customers within Ringsted Municipality in Denmark, with tariffs comprising fixed annual meter fees, area-based charges, and consumption-based usage fees.

Product overview

Ringsted Forsyning is a municipal utility company providing essential infrastructure services to the Ringsted municipality in Denmark. The company operates three core services: water supply (Vand), district heating (Fjernvarme), and wastewater management (Spildevand). Services are offered to both private households and business customers. The company also operates a school education program (Skoletjeneste). Ringsted Forsyning undertakes major infrastructure projects including district heating expansion, separate sewerage (separatkloakering), and maintenance of water and heating networks. The company is transitioning some areas to district heating, including new projects in Kværkeby and Benløse.

Differentiator

Problem solved

Functional benefit

Products and services

• Vand (Water Supply) Regulated municipal drinking water supply for private households and businesses in Ringsted Municipality, sourced from three boreholes (Tystevad Vandværk, Havemøllevej Vandværk, and Vigersted) with monitored water quality, supply security measures including emergency generators, and maintenance of the water distribution network.
• Fjernvarme (District Heating) District heating service delivered to connected properties in Ringsted and surrounding areas via an owned pipe network, with a heating plant at Ringsted Business Park and active expansion projects including new connections in Kværkeby and Benløse. Pricing combines an annual meter fee, area-based charge, and consumption-based tariff.
• Spildevand (Wastewater) Wastewater collection and treatment for connected properties in Ringsted Municipality, including separate sewerage (separatkloakering) projects to split rainwater and sewage, drainage infrastructure maintenance, and a tømningsordning (septic tank emptying service). Aligned with the 2024 spildevandsplan covering areas such as Aavejen, Aabakken, and Sorøvej.
• Skoletjeneste (School Service) Educational program offering school visits and environmental education for children covering water, heating, wastewater, and sustainability topics, with a dedicated booking channel for schools.

Quantifiable outcome

• Water nitrate content of 1.8 mg/l - significantly below current EU limit of 50 mg/l and proposed new limit of 6 mg/l

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered major and minor.

• ArkilmajorStrategic or Co-development Partner · 1 April 2025Arkil is the contractor engaged for district heating expansion work in Kvarkeby. The company is performing excavation and infrastructure construction for the district heating network rollout, with work scheduled to continue through multiple phases including summer periods with reduced activity during holidays. The project spans several years with detailed scheduling for different road sections.
• Ringsted VandsamarbejdeminorStrategic or Co-development PartnerA water collaboration initiative involving Ringsted Forsyning and related water supply operations in the Ringsted area.
• Ringsted KommunemajorStrategic or Co-development PartnerThe municipal government of Ringsted is the governing authority overseeing utility services. The 2024 wastewater plan mandates that all combined sewer areas including Aavejen, Aabakken, and Sorovej must be separated. District heating projects require municipal council approval.

Scale indicators7 records

Recent moves5 records

Expansion highlights2 records

Direct peers

• Centralkommunernes Transmissionselskab (CTR): CTR is the joint district heating transmission company owned by Copenhagen-area municipalities. It is a direct peer on the district heating (fjernvarme) side of Ringsted Forsyning's business, operating large-scale heating transmission infrastructure for municipal owners across Danish towns.
• Verdo: Verdo is the multi-utility (heat, electricity, water, fiber) serving Randers and surrounding municipalities in eastern Jutland. It is a direct peer because it operates a comparable municipal-anchored multi-line utility under Danish regulation, including district heating.
• BIOFOS: BIOFOS operates large municipal wastewater treatment plants serving Copenhagen-area municipalities under joint municipal ownership. It is a direct peer on the wastewater/sewerage line of Ringsted Forsyning's operations, executing the same type of utility function under Danish regulatory structure.
• VandCenter Syd: VandCenter Syd is the municipal water and wastewater utility serving Odense and surrounding municipalities. It is a direct peer given the same three-line (or two-line) municipal utility model, regulated Danish framework, and similar separation of rainwater/sewerage programs.
• DIN Forsyning: DIN Forsyning is a multi-utility group operating water, heating, wastewater, and waste services across several Southern Jutland municipalities. It is a direct peer given its multi-municipal utility structure, similar service offerings, and parallel capex programs in separation projects and district heating.
• Kolding Forsyning: Kolding Forsyning is a multi-utility serving Kolding Municipality with water, heating, and wastewater services. It is a direct peer because it is a mid-sized Danish municipal forsyning operating the same three-line business mix under equivalent regulation, with comparable scale and infrastructure programs.
• HOFOR: HOFOR is the multi-utility (water, district heating, wastewater, gas) serving Copenhagen and several surrounding municipalities. It is a direct peer because it provides the same three-line municipal utility service mix to Danish residential and commercial customers under the same regulatory framework as Ringsted Forsyning, just at much greater scale.
• Aarhus Vand: Aarhus Vand A/S is the municipal water utility for Aarhus Kommune, providing drinking water and wastewater services. It is a direct peer because it operates the same municipal water-and-wastewater utility model owned by a Danish kommune, just serving a larger urban catchment.
• Energi Viborg: Energi Viborg is the municipal energy and utility company for Viborg Kommune, providing district heating, electricity, and water/wastewater services. It is a direct peer given its publicly owned, multi-line Danish municipal utility model similar to Ringsted Forsyning.

Broad incumbents

• HMN (Hovedstadsområdets Forsyningsselskab / Naturgas Midt-Nord): HMN is a large Danish utility company operating gas distribution and water/sewerage services across multiple municipalities. It is a broad peer because it operates water and wastewater infrastructure under Danish regulation similar to Ringsted Forsyning, although it also spans broader service lines and geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Ringsted Forsyning