OverviewSuggest Edit

Alfen is a company that develops, produces, and sells products, systems, and services related to the electricity grid. It offers smart grid solutions, including standardized electricity grid connection systems, secondary transformer substations, local power grids, devices for grid automation, and proprietary software, as well as back-end systems for remote management and grid control. The company also provides energy storage systems comprising modular energy storage systems that are used by multiple utilities, grid operators, energy producers and traders, electric vehicle service providers.
TypePublic
Founded1937
HQAlmere, NL
Websitealfen.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2020)588(+19%)
Revenue (FY, 2020)€189 M(+33%)
Share Price (Oct 2021)€93.5
Cybersecurity ratingCMore
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Key People/Management at Alfen

Marco Roeleveld

Marco Roeleveld

CEO
Henk Ten Hove

Henk Ten Hove

Chairman Supervisory Board
Jeroen van Rossen

Jeroen van Rossen

CFO
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Alfen Office Locations

Alfen has offices in Almere, Gent, Pietarsaari and Bristol
Almere, NL (HQ)
28 Hefbrugweg
Gent, BE
Wittewalle 1e
Gent, BE
Wittewalle 1e
Pietarsaari, FI
Permonkaarre 107
Bristol, GB
1-3 Gloucester Rd, Bishopston
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Alfen Financials and Metrics

Alfen Revenue

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Alfen's revenue was reported to be €189.01 m in FY, 2020 which is a 32% increase from the previous period.
EUR

Revenue (FY, 2020)

189.0m

Revenue growth (FY, 2019 - FY, 2020), %

32%

Gross profit (FY, 2020)

69.3m

Gross profit margin (FY, 2020), %

36.7%

Net income (FY, 2020)

12.0m

EBIT (FY, 2020)

17.4m

Market capitalization (21-Oct-2021)

2.0b

Closing stock price (21-Oct-2021)

93.5

Cash (31-Dec-2020)

52.3m

EV

2.0b
Alfen's current market capitalization is €2 b.
EURFY, 2018FY, 2019FY, 2020

Revenue

101.9m143.2m189.0m

Revenue growth, %

37%41%32%

Cost of goods sold

71.7m92.9m119.7m

Gross profit

30.2m50.3m69.3m
EURFY, 2018FY, 2019FY, 2020

Cash

849.0k134.0k52.3m

Accounts Receivable

18.8m24.0m24.0m

Inventories

9.5m14.4m20.0m

Current Assets

39.7m48.9m108.7m
EURFY, 2018FY, 2019FY, 2020

Net Income

(81.0k)8.6m12.0m

Depreciation and Amortization

2.5m5.2m6.5m

Inventories

(3.4m)(4.9m)(5.6m)

Accounts Payable

7.2m7.9m5.0m
EURFY, 2018

Revenue/Employee

337.4k

Debt/Equity

2.5 x

Debt/Assets

0.3 x

Financial Leverage

8.1 x
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Alfen Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

202525

Countries (Offices)

71013

Households Connected

142 k
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Alfen Acquisitions / Subsidiaries

Company NameDateDeal Size
EXENDISNovember 04, 2011
Alfen België BV
Alfen B.V.
Alfen Elkamo Oy Ab
Alfen ICU B.V.
Alfen International B.V.
Alfen Projects B.V.

Alfen Revenue Breakdown

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Alfen revenue breakdown by business segment: 28.3% from EV Charging Equipment, 9.0% from Energy Storage Systems and 62.7% from Smart Grid Solutions

Alfen revenue breakdown by geographic segment: 67.5% from The Netherlands, 31.5% from Other European Union countries and 1.0% from Other

Alfen Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Alfen Online and Social Media Presence

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Alfen News and Updates

Alfen continues strong EV charging growth with 105% increase in 2020 revenues

Alfen has posted its FY 2020 results, with its electric vehicle (EV) charging business continuing to see a significant increase as revenues jump 105%.

Centrica Business Solutions enters into framework agreement with Alfen for the supply of battery energy storage solutions

Centrica Business Solutions enters into framework agreement with Alfen for the supply of battery energy storage solutions.

PerPetum Energy selects Alfen as its strategic partner for transformer substations

Alfen is proud to announce that it signed a framework agreement with PerPetum Energy for the supply of transformer substations to enable PerPetum’s wide portfolio of renewable energy projects in the Netherlands.

Alfen and Bee enter partnership for EV smart charging in Sweden

Bee Charging Solutions AB, one of the leading EV charge point operators in Sweden, has chosen Alfen as their supplier to provide the company with smart charge points for electric vehicles.

Alfen klapper van Kooplijsten 2020

Het duurde even, maar daar is dan de uitslag van de Kooplijstcompetitie 2020. Laadpaalspecialist Alfen mogen we wel de klapper van afgelopen jaar noemen: de koers van dat aandeel steeg met ruim 400%.

Alfen supplies 12MW energy storage system for Vattenfall's hybrid energy park Haringvliet Zuid

Vattenfall is currently building its first hybrid energy park in the southwest of the Netherlands: Haringvliet Zuid. In energy park Haringvliet Zuid, Vattenfall combines wind energy, solar energy, and energy storage.
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Alfen Frequently Asked Questions

  • When was Alfen founded?

    Alfen was founded in 1937.

  • Who are Alfen key executives?

    Alfen's key executives are Marco Roeleveld, Henk Ten Hove and Jeroen van Rossen.

  • How many employees does Alfen have?

    Alfen has 588 employees.

  • What is Alfen revenue?

    Latest Alfen annual revenue is €189 m.

  • What is Alfen revenue per employee?

    Latest Alfen revenue per employee is €321.4 k.

  • Who are Alfen competitors?

    Competitors of Alfen include VTTI, Siemens Energy and Nexgrid.

  • Where is Alfen headquarters?

    Alfen headquarters is located at 28 Hefbrugweg, Almere.

  • Where are Alfen offices?

    Alfen has offices in Almere, Gent, Pietarsaari and Bristol.

  • How many offices does Alfen have?

    Alfen has 5 offices.