Vattenfall

OverviewSuggest Edit

Vattenfall is a producer and retailer of electricity and heat. Its business activities include power generation, electricity distribution, sales of electricity, heat and gas, district heating, energy services, and decentralized generation. The company owns and operates a range of physical assets, from power lines and wind turbines to hydropower stations and nuclear power plants.
TypePrivate
Founded1909
HQSolna, SE
Websitegroup.vattenfall.com

Latest Updates

Employees (est.) (Dec 2020)19,859
Revenue (FY, 2020)KR158.8 B(-4%)
Cybersecurity ratingAMore
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Key People/Management at Vattenfall

Lars G Nordström

Lars G Nordström

Chairman of the Board
Anna Borg

Anna Borg

President and CEO
Kerstin Ahlfont

Kerstin Ahlfont

Senior Vice President, Chief Financial Officer
Christian Barthélémy

Christian Barthélémy

Senior Vice President, Head of Human Resources
Helene Biström

Helene Biström

Senior Vice President, Head of Business Area Wind
Axel Pinkert

Axel Pinkert

Vice President Finance Business Support
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Vattenfall Office Locations

Vattenfall has offices in Solna, Bruxelles, Kolding, Helsinki and in 5 other locations
Solna, SE (HQ)
Evenemangsgatan
Bruxelles, BE
Rue de la Loi 223
Kolding, DK
Jupitervej 6, 2. sal
Helsinki, FI
Konepajankuja 3
Brunstatt-Didenheim, FR
Parc des Collines II, 6 Avenue de Bruxelles
Berlin, DE
Sellerstraße 16
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Vattenfall Financials and Metrics

Summary Metrics

Founding Date

1909
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Vattenfall Revenue

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View revenue for all periods
Vattenfall's revenue was reported to be kr158.85 b in FY, 2020 which is a 4.5% decrease from the previous period.
SEK

Revenue (Q3, 2021)

36.1b

Gross profit (Q3, 2021)

25.8b

Gross profit margin (Q3, 2021), %

71.5%

Net income (Q3, 2021)

18.3b

EBITDA (Q3, 2021)

27.3b

EBIT (Q3, 2021)

22.9b

Cash (30-Sept-2021)

67.6b
Annual
SEKFY, 2018FY, 2019FY, 2020

Revenue

156.8b166.4b158.8b

Revenue growth, %

16%6%(5%)

Cost of goods sold

85.2b87.6b76.2b

Gross profit

71.6b78.8b82.6b
Quarterly
SEKQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

49.6b34.7b35.9b48.2b31.3b35.4b45.9b34.6b36.1b

Cost of goods sold

27.7b17.1b17.9b24.9b13.1b18.0b21.5b12.6b10.3b

Gross profit

21.8b17.5b18.0b23.3b18.2b17.4b24.4b22.0b25.8b

Gross profit Margin, %

44%51%50%48%58%49%53%64%72%
Annual
SEKFY, 2018FY, 2019FY, 2020

Cash

17.1b10.6b26.1b

Accounts Receivable

20.3b20.6b18.1b

Prepaid Expenses

6.9b6.8b6.3b

Inventories

13.6b13.4b16.8b
Annual
SEKFY, 2018FY, 2019FY, 2020

Inventories

1.5b(196.0m)(1.3b)

Accounts Payable

8.1b9.2b(3.7b)

Cash From Operating Activities

41.1b16.7b41.7b

Cash From Investing Activities

(20.4b)(22.8b)(20.2b)
Quarterly
SEKQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Inventories

272.0m(654.0m)23.0m(465.0m)(944.0m)1.3b(422.0m)(2.9b)(4.0b)

Accounts Payable

(916.0m)(3.7b)(490.0m)317.0m(7.2b)(6.5b)1.7b2.3b7.4b

Cash From Operating Activities

(11.0b)(1.9b)11.7b(8.5b)7.4b26.8b11.1b35.2b96.0b

Cash From Investing Activities

(6.0b)(11.7b)(13.2b)(4.6b)(9.7b)(15.1b)(5.5b)(10.7b)1.5b
SEKFY, 2018

Revenue/Employee

7.9m

Debt/Equity

0.7 x

Debt/Assets

0.1 x

Financial Leverage

4.5 x
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Vattenfall Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Electricity Generated, TWh

130.335.930.928.734.7130.233.124.12530.5112.832.92621.8

Electricity Sold, TWh

174.152.842.438.742.9169.445.536.737.944164.145.44037.8

Electricity Sold (Customer Sales), TWh

119.232.429.727.129.811932.726.826.931.7118.232.427.928.2

Heat Sold, TWh

18.37.33.11.75.117.15.42.51.44.513.86.52.71.3
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Vattenfall Acquisitions / Subsidiaries

Company NameDateDeal Size
SenfalMarch 19, 2019
DELTA EnergieMarch 01, 2019
Windcollectief WieringermeerSeptember 29, 2017
iSupplyEnergyJune 21, 2017
PNE WIND Atlantis IJanuary 10, 2017
Vindstød.dkDecember 07, 2016
Eclipse Energy UKNovember 13, 2008£51.5 m
AMEC Wind EnergyOctober 06, 2008£126.6 m
Aberdeen Offshore Wind Farm Ltd
Borås Elhandel AB
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Vattenfall Revenue Breakdown

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Vattenfall revenue breakdown by business segment: 8.5% from Heat, 10.7% from Distribution, 53.3% from Customers and Solutions, 23.0% from Power Generation and 4.5% from Other

Vattenfall revenue breakdown by geographic segment: 16.6% from Netherlands, 28.9% from Sweden, 48.7% from Germany and 5.9% from Other Countries

Human Capital Metrics

Vattenfall's employees are reported to be approximately 26% female and 74% male.
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Vattenfall Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Vattenfall Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Vattenfall Online and Social Media Presence

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Vattenfall News and Updates

Vattenfall Warns Sweden Faces Forced Exit From Nuclear Power

Vattenfall Warns Sweden Faces Forced Exit From Nuclear Power

Vattenfall and Westinghouse Extend Valued Partnership

SOLNA, Sweden, Aug. 17, 2021 /PRNewswire/ -- Westinghouse Electric Company and Vattenfall are extending their long-standing nuclear energy partnership into decommissioning activities through a new agreement. As part of the arrangement, Westinghouse will segment and dispose of the reactor...

Vattenfall Lines Up Siemens Energy and Aker for Rigs at Giant UK Offshore Wind Projects

Utility picks consortium as preferred bidder to supply HVDC converter platform for its 3.6GW Norfolk projects

ALL NRG to Service Three Vattenfall Projects

Vattenfall has awarded ALL NRG with a yearly maintenance Framework Agreement at Ramsgate Cluster in the UK

Moorburg Coal Plant Halved Vattenfall's Profits Before Decomissioning

The modern coal plant Moorbug owned by Swedish energy company Vattenfall had turned into a liability before it was decommissioned in the context of Germany's coal phase-out, causing a drop in profit by almost 50 percent, public broadcasting news service Tagesschau writes. Vattenfall experienced a dr…

Vattenfall Issues EUR 500 Million Green Bond

Today, Friday, Vattenfall has issued a new EUR 500 million green senior bond. The issue was oversubscribed by more than 3.5 times. Vattenfall now has three green bonds outstanding with a total size of EUR 1.5 billion
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Vattenfall Frequently Asked Questions

  • When was Vattenfall founded?

    Vattenfall was founded in 1909.

  • Who are Vattenfall key executives?

    Vattenfall's key executives are Lars G Nordström, Anna Borg and Kerstin Ahlfont.

  • How many employees does Vattenfall have?

    Vattenfall has 19,859 employees.

  • What is Vattenfall revenue?

    Latest Vattenfall annual revenue is kr158.8 b.

  • What is Vattenfall revenue per employee?

    Latest Vattenfall revenue per employee is kr8 m.

  • Who are Vattenfall competitors?

    Competitors of Vattenfall include Endesa, RWE and Enel.

  • Where is Vattenfall headquarters?

    Vattenfall headquarters is located at Evenemangsgatan, Solna.

  • Where are Vattenfall offices?

    Vattenfall has offices in Solna, Bruxelles, Kolding, Helsinki and in 5 other locations.

  • How many offices does Vattenfall have?

    Vattenfall has 9 offices.