GeoDrilling

What GeoDrilling does

GeoDrilling is a Danish specialty drilling contractor focused on vertical geothermal boreholes for residential and small-commercial ground source heat pump installations. Founded around 2005 and headquartered in Grindsted, Denmark, the company operates specialized rigs capable of drilling to depths of up to 250 meters in Danish geology, an experience profile documented in the national bore hole database and unsupported by competing drillers in the country. GeoDrilling positions itself as the most experienced vertical geothermal driller in Denmark, having completed more than 300 bore holes across at least 14 municipalities spanning Copenhagen, Helsingør, Horsens, Odense-area, and others.

The core technology stack combines deep-drilling expertise with bentonite-based core sealing for fluid containment (verified at 0.8 bar pressure testing) and an optional Kamstrup-powered measurement package that delivers a 25-year performance warranty on bore hole yield. Energy meters transmit thermal and electrical data for ongoing performance validation. Services are delivered as fixed-price projects (standard residential installations around 180,000 DKK including VAT; complex projects up to ~270,000 DKK) plus an optional recurring monitoring subscription at 600 DKK per year.

Revenue is generated through a hybrid project-plus-subscription model. Distribution is direct to private homeowners, property developers, and cooperative housing associations, and indirect through VVS (plumbing/heating) channel partners such as Klimadan and engineering consultancies like MOE. The company does not sell across borders, has no disclosed institutional investors, and operates as an independently owned Danish entity (CVR 35843248) under Managing Director Søren Skjold Andersen.

Name

GeoDrilling

Legal name

GeoDrilling

Website

https://geodrilling.dk

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

GeoDrilling is a Danish specialty drilling contractor that drills vertical geothermal boreholes (typically 90-250 meters deep) for ground source heat pump installations, serving private homeowners, property developers, and heating installers across Denmark with over 300 completed projects.

Ownership category

akta.pro rank

Product category

Geothermal Drilling Services

akta.pro primary industry

Geothermal Drilling & Well Construction (Production/Injection, Directional, Well Services) (EUAMAEAB)

akta.pro secondary industry

Geothermal Heat Pumps & Ground-Source Systems (Residential/Commercial, Drilling/Loop Installation) (EUAMAEAH)

Keywords

• Vertical geothermal drilling
• Ground source heat pumps
• Borehole drilling services
• Geothermal heating systems
• Thermal energy extraction

Headquarters

HQ city

Grindsted

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Geothermal Drilling Services: Core revenue from drilling vertical bore holes for ground source heat pump systems. Pricing varies based on depth, geology, number of bore holes, and project complexity. Projects typically cost between 180,000-269,688 DKK including VAT for standard residential applications.
2. 25-Year Warranty Package (Measurement Package): Optional measurement package that includes energy monitoring equipment (electricity meter and thermal energy meter) with data connectivity, providing 25-year performance warranty on bore hole yield. Annual subscription of 600 DKK or one-time internet-connected unit purchase.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

GeoDrilling is a Danish specialized drilling contractor that drills vertical boreholes (typically 90–250 meters deep) for ground-source heat pump systems serving residential and commercial heating and cooling across Denmark. Services include site assessment, permit application handling, and drilling execution. The company has completed more than 300 boreholes nationwide and is the only firm documented in Denmark's national borehole database with experience drilling to 250-meter depth for geothermal applications.

Product overview

GeoDrilling is a Danish company specializing in vertical geothermal drilling for ground source heat pump systems. Their core offering is the drilling of vertical boreholes (typically 90-250 meters deep) that extract thermal energy from the earth to provide heating and cooling for buildings. The company offers their drilling services as the primary product, with optional add-ons including a 25-year performance warranty and a monitoring meter package featuring Kamstrup energy meters that feed data to their platform. GeoDrilling has completed over 300 borehole projects across Denmark.

Differentiator

Problem solved

Functional benefit

Products and services

• Vertical Geothermal Drilling (Lodret jordvarmeboring) Drilling vertical boreholes (typically 90–250 meters deep) for ground-source heat pump systems that extract thermal energy from the earth to provide heating and cooling for residential and commercial properties across Denmark. Service includes site assessment, permit application handling, and drilling execution. Typical residential projects (130 m², 18,100 kWh/year heat demand) are priced at 180,000 DKK including VAT for two 93-meter boreholes; complex projects can reach 250,000–269,688 DKK.
• 25-Year Warranty on Vertical Borehole Yield Optional 25-year performance warranty on vertical ground-source boreholes, guaranteeing specified thermal output over the warranty period when a meter package is purchased alongside the drilling service.
• Meter Package (Målerpakke) Monitoring package using Kamstrup energy meters that measure heat extracted from boreholes and heat-pump electricity consumption, with data connectivity for performance monitoring and warranty validation. Available as an annual subscription at 600 DKK or as a one-time purchase of an internet-connected unit.

Quantifiable outcome

• Annual heating cost reduction: 12,500 DKK savings compared to oil heating (from 20,000 to 7,500 DKK per year)
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Middelfart KommunecoreStrategic or Co-development PartnerMiddelfart Municipality used the Termohuset project as a prototype to develop two new subdivisions offering lot buyers access to vertical geothermal heating infrastructure pre-installed. This partnership demonstrates municipal adoption of GeoDrilling's technology and methodology.
• geoENERGIE KonzeptminorStrategic or Co-development PartnerGerman geothermal consulting firm that co-authored articles with GeoDrilling on heating and cooling applications. Contributed technical content on thermal energy storage and bore field optimization for the website.
• Termonet DanmarkcoreStrategic or Co-development PartnerAssociation of companies promoting termonet technology. GeoDrilling is a member along with METRO THERM. Partnership enables coordinated solutions for type house builders and standardized approaches to geothermal installations.
• KlimadancoreChannel Partner/ Reseller/ DistributorHeat pump supplier and installer that regularly coordinates with GeoDrilling on projects. Examples include Hørsholm (Thermia Calibra Eco), Lejre (Thermia Calibra Cool), and multiple other projects. Klimadan provides dimensioning reports and heat pump supply/installation.
• Beregner-GruppenminorChannel Partner/ Reseller/ DistributorCalculation and dimensioning company that refers customers to GeoDrilling for geothermal drilling services. Provided dimensioning for the Horsens project.
• Vølund VarmeteknikminorChannel Partner/ Reseller/ DistributorHeat pump manufacturer whose products are frequently specified with GeoDrilling bore holes. Mentioned in multiple projects (Horsens, Køge).
• ThermiaminorChannel Partner/ Reseller/ DistributorHeat pump brand from Metro Therm used in several GeoDrilling projects including Odsherred summer house (12 kW) and Helsingør (Thermia Atlas 18 kW).
• DanfossminorChannel Partner/ Reseller/ DistributorHeat pump manufacturer used by geologist Inga Sørensen for her VIA University project. Standard compatibility with vertical geothermal bore holes.
• EviHeatminorChannel Partner/ Reseller/ DistributorSwedish heat pump manufacturer whose products are compatible with GeoDrilling bore holes. Used in cooperative housing project in Kgs. Lyngby.
• KamstrupcoreTechnology or IntegrationMetering technology provider for the 25-year warranty measurement package. Provides electricity meters and thermal energy meters with data connectivity. GeoDrilling's monitoring platform runs on Kamstrup infrastructure.
• Geologi & Jordvarme (Inga Sørensen)minorStrategic or Co-development PartnerInga Sørensen, a retired geologist from VIA University, represents clients and collaborates on projects. Previously worked together in EUDP-projekt Geoenergi. Represented a client in Syddjurs for four bore holes.
• SE Next Step Challenge / Scale Up DenmarkminorGTM or Marketing PartnerGeoDrilling participated in the SE Next Step Challenge spring 2018, part of Scale Up Denmark program. Presented termonet concept as innovation for district heating expansion.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Eavor Technologies: Canadian closed-loop geothermal technology developer commercializing a scalable subsurface heat exchanger. Conceptually adjacent to GeoDrilling's vertical-loop business model, with potential to compete for utility-scale and district-heating geothermal deployments over time.
• Climeon: Swedish low-temperature geothermal power technology company. Adjacent to GeoDrilling in the Nordic geothermal value chain, focused on electricity generation from geothermal heat rather than residential heating drilling.

Broad incumbents

• NIBE Energy Systems: Swedish heat-pump manufacturer with a strong Nordic residential footprint. Overlaps with GeoDrilling in serving ground-source heat pump customers, but operates at the equipment layer rather than as a drilling contractor.
• Bosch Thermotechnology: Global heating and hot-water technology manufacturer with geothermal heat-pump solutions. Competes for the same end-customer wallet share that funds GeoDrilling's drilling projects, but bundles equipment, controls and service at scale.
• Viessmann: German heating solutions provider offering ground-source heat pumps and complete residential heating systems. Comparable to GeoDrilling in targeting European residential decarbonization, but as a global incumbent systems vendor rather than a regional drilling specialist.
• WaterFurnace International: U.S. market leader in residential and commercial geothermal heat pumps with a large installer/dealer network. Comparable to GeoDrilling in specializing in the ground-source heat-pump ecosystem, although primarily equipment- and dealer-led rather than drilling-led.
• ClimateMaster: U.S. manufacturer of geothermal heat pumps and water-source HVAC systems. Comparable to GeoDrilling in being part of the ground-source heating value chain, though ClimateMaster sits upstream at the equipment layer.
• Danfoss: Danish-headquartered climate and energy solutions provider supplying heat pumps, controls and district-energy components. Adjacent to GeoDrilling through shared Danish customers, partner overlap and complementary offerings in the residential heating market.
• Stiebel Eltron: German heat-pump specialist focused on residential and commercial geothermal and air-source systems. Targets the same decarbonizing-heating customer in Northern Europe that GeoDrilling serves with borehole drilling services.
• Vaillant: German heating technology group with a broad heat-pump portfolio including ground-source systems. Comparable in serving European residential customers seeking low-carbon heating, but at the equipment and service-contractor level rather than drilling.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/geodrilling

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 GeoDrilling