Egedal Fjernvarme A/S
Danish district heating utility serving over 1,800 residential customers in Egedal Municipality with renewable heat from biomass, solar thermal, and heat pumps, targeting 6,500 new connections by 2030 under a non-profit cost-recovery model.
- Company typePrivate
- Founded-
- HeadquartersStenløse, Denmark
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Egedal Fjernvarme A/S does
Egedal Fjernvarme A/S is a Danish district heating utility headquartered in Stenløse, Nordsjælland, producing and distributing renewable thermal energy to residential and commercial customers within Egedal Municipality (Stenløse, Ølstykke, Veksø, and Egedal By). The company operates an underground insulated double-pipe network that delivers hot water for space heating and domestic hot water. Heat is produced from a biomass-fired plant at Maglevad using local and Danish wood chips, supplemented by 4,000 m² of solar thermal panels at Stenløse Syd and Maglevad (covering nearly all summer heating demand) and a heat pump installation at the Stenløse wastewater treatment plant. As of January 2025, the previously separate gas-based Supply Area 1 (Stengårdsskolen and Toftehøjskolen) was decommissioned and connected to the biomass/renewable network, unifying the production base and pricing structure across all customers.
The company serves over 1,800 customers and operates under Denmark's statutory "hvile-i-sig-selv" (cost-recovery, non-profit) principle, which prohibits profit-taking and requires revenues to equal expenses. Revenue is generated through a hybrid model: a variable per-MWh heat charge (546.25 kr/MWh from August 2026, up from 480 kr/MWh), a fixed area-based annual fee of 26.25 kr/m² (reduced 38% from 2025), one-time connection fees of 15,000 kr during expansion campaigns versus 45,000 kr at standard pricing, and an optional A-Model subscription (~295 kr/month) under which Egedal owns and services the in-home heating unit (Gemina Termix). Customers may alternatively opt for the E-Model, owning and maintaining the unit themselves. The company markets through door-to-door outreach, community information meetings, a website, and the E|Forsyning mobile app for consumption monitoring and billing.
Growth is structurally supported by the Danish government's mandate to phase out oil and gas heating, and the company is targeting 6,500 new connections by 2030 across ongoing expansion projects (Etaper 9, 11-20, 23). In 2023, Egedal entered a strategic cooperation agreement with Vestforbrænding covering network interconnection from Måløv to Stenløse and Ølstykke to Frederikssund, with Vestforbrænding assuming customer billing from 2025. In December 2024, the two companies initiated an investigation into a potential full combination. The company is led by CEO Claus Gulbech and Chairman Bo Vesth, with an operational team of approximately 18 staff.
Egedal Fjernvarme A/S firmographics
Firmographics- Name
- Egedal Fjernvarme A/S
- Legal name
- Egedal Fjernvarme A/S
- Website
- https://egedalfjernvarme.dk
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Danish district heating utility serving over 1,800 residential customers in Egedal Municipality with renewable heat from biomass, solar thermal, and heat pumps, targeting 6,500 new connections by 2030 under a non-profit cost-recovery model.
- Ownership category
- akta.pro rank
Where Egedal Fjernvarme A/S is headquartered
LocationHeadquarters
- HQ city
- Stenløse
- HQ country
- Denmark
- HQ region
- Europe
Offices3 records
Markets served
Egedal Fjernvarme A/S business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Others
Revenue model
- Heat Sales (Variable): Variable heat price charged per MWh based on actual consumption. Covers fuel and other production-dependent costs. Customers with poor return temperatures pay additional return temperature fee of 9.00 kr/MWh per degree above 37°C.
- Fixed Area Fee: Fixed annual charge based on property size (m2) registered in BBR. Covers fixed costs including depreciation on production facilities and pipe network, and maintenance. Reduced by 38% from 2025 to 26.25 kr/m2.
- Connection Fees: One-time connection fees: 15,000 kr during campaign periods, 45,000 kr at regular price. Covers installation of service line from main pipe to property.
- Subscription (A-Model): Monthly subscription of approximately 295 kr (3,540 kr/year) for unit maintenance, service, repairs, and replacement. Egedal Fjernvarme owns and maintains the unit.
- Meter Subscription Fee: Fixed subscription contribution per meter included in billing
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Variable MWh price for all customers |
| Subscription | Annual | Fixed annual area charge per m2 |
| One time/ perpetual license | Pay-as-you-go | Campaign connection fee during expansion |
| One time/ perpetual license | Pay-as-you-go | Standard connection fee after campaign period |
| Subscription | Monthly | A-Model subscription (unit owned by Egedal) |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Egedal Fjernvarme A/S product offering
Product offeringCore offering
Egedal Fjernvarme A/S is a Danish district heating utility that produces and distributes renewable thermal energy to residential and commercial customers in Stenløse, Ølstykke, Veksø, and Egedal By through an underground insulated pipe network. Heat is generated from biomass (wood chips), solar thermal panels, and a heat pump, then delivered to customer properties via in-house heating units. The company offers two connection models: an A-Model subscription where it owns and services the unit, and an E-Model where the customer owns and maintains the unit.
Product overview
Egedal Fjernvarme A/S is a district heating utility company offering renewable thermal energy services to residential and commercial customers in the Egedal municipality area of Denmark. The core offering is district heating (fjernvarme) distributed through an extensive pipeline network. The company provides two connection models: the A-Model (subscription) where Egedal Fjernvarme owns and maintains the heating unit for a monthly fee, and the E-Model where customers own their own unit. The E|Forsyning digital platform (portal and mobile app for iOS and Android) enables customers to monitor consumption, access documents, and manage their accounts. Heat is produced from biomass, solar thermal panels, and heat pumps.
Differentiator
Problem solved
Functional benefit
Brands
- E|Forsyning: Customer portal and mobile app for managing district heating services, viewing consumption, and accessing documents.
Products and services
- Fjernvarme (District Heating Service)
Companies that use Egedal Fjernvarme A/S
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Egedal Fjernvarme A/S technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature4 records
Egedal Fjernvarme A/S partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- VestforbrændingcoreStrategic cooperation agreement for district heating supply. Vestforbrænding will expand their network to connect with Egedal's network from Måløv to Stenløse and from Ølstykke to Frederikssund. From 2025, Vestforbrænding handles billing for Egedal's customers while Egedal staff continue customer service and network expansion. A merger investigation was announced in December 2024 to explore potential combination of the two companies.
- EvidaminorNatural gas grid operator. When customers disconnect from gas, Evida automatically applies for disconnection subsidy through state subsidy scheme. Any disconnection fees not covered by subsidies are billed directly to Egedal Fjernvarme.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Egedal Fjernvarme A/S competitors and assessment
Company assessmentDirect peers
- AffaldVarme Aarhus: Aarhus-based waste-to-energy and district heating utility. Direct peer producing and distributing heat from waste incineration and biomass to residential customers in central Jutland, with comparable non-profit regulatory framework and customer-facing operations.
- NRGi: Aarhus-based energy cooperative providing district heating, electricity, and fiber services. Direct peer operating Danish district heating on a customer-owned cooperative model with similar non-profit, member-aligned operating principles.
- Verdo: Randers-based energy utility providing district heating, electricity, and fiber services in central Jutland. Direct peer operating Danish district heating with comparable municipal-utility structure and biomass-based heat production.
- Aalborg Forsyning: Multi-utility in Aalborg providing district heating, electricity, water, and waste services. Direct peer operating Danish district heating at scale using combined heat and power from waste incineration, with similar regulatory non-profit structure and customer-base model.
- Norlys: Large Danish energy cooperative formed from the merger of SE and Eniig (including former Trefor), providing district heating, electricity, fiber, and other services. Direct peer operating Danish district heating with similar cooperative/customer-aligned structure.
- Vestforbrænding: Large Danish district heating and waste-to-energy utility covering multiple municipalities including the Copenhagen area. Direct peer operating an identical non-profit Danish district heating model, currently in active merger discussions with Egedal Fjernvarme and already handling its billing operations.
- HOFOR: Copenhagen-area multi-utility providing district heating, water, wastewater, and gas services to over 1 million customers. Direct peer running a comparable municipal non-profit district heating operation at significantly larger scale, serving as a benchmark for operating model and expansion approach.
Broad incumbents
- Fortum: Finnish state-owned energy utility with significant district heating operations in Finland, Sweden, Poland, and the Baltics. Broad incumbent offering district heating alongside electricity generation, nuclear, and circular economy services; useful for benchmarking Nordic district heating expansion approaches.
- Dalkia: French district heating and energy services operator (subsidiary of EDF Group), operating networks across France, the UK, and other markets. Broad incumbent providing district heating at significantly larger scale; relevant for benchmarking operational efficiency and renewable heat transition.
- Vattenfall: Large Swedish state-owned energy utility with extensive district heating operations across Sweden, the Netherlands, Germany, and the UK. Broad incumbent providing district heating as part of a wider energy portfolio; not a direct competitor in Denmark but a reference for scale operations and renewable heat transition strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Egedal Fjernvarme A/S social profiles
Digital presenceEgedal Fjernvarme A/S financial estimates
Financial estimateRevenue estimate
Valuation estimate
Egedal Fjernvarme A/S leadership team
Management profileNumber of profiles
Profiles9 records
Egedal Fjernvarme A/S funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Egedal Fjernvarme A/S M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Egedal Fjernvarme A/S
What does Egedal Fjernvarme A/S do?
Egedal Fjernvarme A/S is a Danish district heating utility that produces and distributes renewable thermal energy to residential and commercial customers in Stenløse, Ølstykke, Veksø, and Egedal By through an underground insulated pipe network. Heat is generated from biomass (wood chips), solar thermal panels, and a heat pump, then delivered to customer properties via in-house heating units. The company offers two connection models: an A-Model subscription where it owns and services the unit, and an E-Model where the customer owns and maintains the unit.
Is Egedal Fjernvarme A/S a public or private company?
Egedal Fjernvarme A/S is a private company. It is classified as unknown and is currently operating.
When was Egedal Fjernvarme A/S founded?
Egedal Fjernvarme A/S was founded in -1. It employs 11 to 50 people.
Where is Egedal Fjernvarme A/S based?
Egedal Fjernvarme A/S is headquartered in Stenløse, Denmark, in the Europe region.
How does Egedal Fjernvarme A/S make money?
Five revenue lines are on record. Heat Sales (Variable) is the primary driver. The others are fixed Area Fee, connection Fees, subscription (A-Model) and meter Subscription Fee.
Who are Egedal Fjernvarme A/S's main competitors?
Direct peers on record are AffaldVarme Aarhus, NRGi, Verdo, Aalborg Forsyning, Norlys, Vestforbrænding and HOFOR. Broad incumbents are Fortum, Dalkia and Vattenfall.
Does Egedal Fjernvarme A/S have an API?
No public API is recorded for Egedal Fjernvarme A/S.