![]() Cavendish Hydrogen Denmark Cavendish Hydrogen Denmark (formerly known as H2 Logic, Nel Hydrogen) is a hydrogen refueling company. | ![]() PowerCell Group PowerCell Group (also known as PowerCell Sweden) is a company that develops and produces fuel cells and fuel cell systems with high-power density powered by hydrogen.
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Founding Date | Founding Date 2007 | Founding Date 2003 | Founding Date 2008 |
Type | Type Private | Type Subsidiary | Type Public |
Tags | |||
Locations | Locations East Hartford, US HQ | Locations Herning, DK HQ | Locations Göteborg, SE HQ Frankfurt Am Main, DE |
Employees | Employees 2025% increase | Employees 198 | Employees 146 |
Financial | |||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) kr204.1m (FY, 2023) | Revenue (est.) kr385m (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods kr116.5m (FY, 2023) | Cost of goods kr183.9m (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit kr87.6m (FY, 2023) | Gross profit kr227.5m (FY, 2025) |
Net income | Net income N/A | Net income (kr125.8m) (FY, 2023) | Net income (kr29.5m) (FY, 2025) |

Cavendish Hydrogen Denmark (formerly known as H2 Logic, Nel Hydrogen) is a hydrogen refueling company.
View company
PowerCell Group (also known as PowerCell Sweden) is a company that develops and produces fuel cells and fuel cell systems with high-power density powered by hydrogen.
View company