In 2025, the energy and telecommunications group Norlys continued to expand its networks and business, which includes electricity, internet connections and mobile telephony. The accounts for 2025 show a turnover that has grown from DKK 14.3 billion to DKK 16.3 billion.
At the same time, Norlys delivers a result for special items and depreciation and impairment of DKK 2.7 billion, which is DKK 181 million more than the year before.
On the other hand, impairments on acquisitions and the continued integration of Telia's mobile business - which Norlys took over in the spring of 2024 - mean that the result before tax ends with a deficit of just over DKK 1 billion.
- Our focus right now is to fully integrate and transform the company, so that we have a stronger and more efficient business. It is fully expected that the integration of the mobile business and our record-high investment level will affect our results here and now, says Gert Vinther Jørgensen, CEO of Norlys.
Investments worth billions
Last year, Norlys put 2,700 new public charging points for electric cars into operation, and has also invested in expanding and securing the electricity grid, fiber network and mobile network. A total of 4.4 billion kroner was invested in particularly critical infrastructure, and this has not been surpassed previously in a calendar year.
- It requires record investments in both the electricity grid and a nationwide charging network to support and push the electrification of society.
- At the same time, we are in a new reality where the threat to critical infrastructure has moved closer, and this requires that we strengthen the security and robustness of the telecommunications and energy infrastructure on which the everyday lives of Danes and our society rest, here and now, says Gert Vinther Jørgensen.
Norlys is headquartered in Silkeborg and has over 3.5 million customer relationships. The company is the result of a merger of the former energy companies SE and Eniig.
Norlys is owned by the 805,000 cooperative members who have an electricity meter connected to Norlys' electricity grid in Jutland. It is operated by the electricity grid company N1, which is a subsidiary of the group.
/ritzau/
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