Founders lose millions on bunker company Endofa

Kenn Søndergaard and his wife Maria Theresa Lysgaard have lost millions on the bunker company Endofa.

The delivery and trade of ship fuel through bunker company Endofa has been a costly affair for the two founders, Kenn Søndergaard and his wife Maria Theresa Lysgaard.

From their base in Houston, Texas, Kenn Søndergaard and Maria Theresa Lysgaard founded the bunker company Endofa back in 2012 along with several partners, but the company has cost the two founders millions in the past two fiscal years. This is evident from the latest financial report from the company MTSL Holding A/S, where Maria Theresa Lysgaard - who is also registered as an executive in the company - is listed as the only owner with at least five percent of the capital.

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