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APSActiveCVR 39312999Majsmarken 1Manufacture of non-domestic air conditioning equipment · NACE 2825Est. 20181 employees
Revenue 2025
DKK 2,4M
+95% vs 2024
EBITDA margin
21.9%
-13% vs 2024
Equity ratio
47.8%
Financial strength
Net profit 2025
DKK 226K
-53% vs 2024
| Revenue | DKK 2,4M | +95% |
| EBITDA | DKK 533K | -13% |
| Net profit | DKK 226K | -53% |
| Total assets | DKK 3M | +36% |
| Equity | DKK 1,4M | +19% |
| Employees | 1 | — |
Legal name
Heatflow ApS
CVR number
39312999
Legal form
Anpartsselskab
NACE code
2825 · Manufacture of non-domestic air conditioning equipment
Founded
6. februar 2018
Share capital
DKK 50.000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af en direktør.
Company purpose
Virksomhedens formål er salg af køle- og ventilationsanlæg samt anden hermed forbundet virksomhed.
Address
Majsmarken 1
Email
paw.mortensen@heatflow.dk
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -89 | 96 | -100 | 859 | 1.973 | 2.234 | 1.251 | 2.437 |
| Staff expenses | -0 | -0 | -0 | -804 | -1.654 | -1.587 | -640 | -1.904 |
| EBITDA | -89 | 96 | -100 | 55 | 319 | 648 | 611 | 533 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 | -0 | -64 | -154 |
| EBIT | -89 | 96 | -100 | 55 | 319 | 648 | 547 | 379 |
| Net financials | 0 | -2 | -2 | -5 | -13 | -11 | -1 | -4 |
| Profit before tax | -89 | 94 | -102 | 51 | 306 | 637 | 546 | 375 |
| Tax | -20 | 21 | -0 | -0 | 58 | 178 | 61 | 149 |
| Net profit | -70 | 73 | -102 | 51 | 248 | 459 | 485 | 226 |
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 60 | 111 | 447 | 1.019 | 2.372 | 2.756 | 2.189 | 2.972 |
| Equity | -20 | 53 | -49 | 2 | 250 | 709 | 1.195 | 1.421 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 80 | 58 | 496 | 1.017 | 2.064 | 1.811 | 663 | 1.095 |
| Total debt | 80 | 58 | 496 | 1.017 | 2.064 | 1.811 | 663 | 1.095 |
EBITDA margin
21.9%
This company
15.8%
Market median
+39% vs market
20182025
Equity ratio
47.8%
This company
38.2%
Market median
+25% vs market
20182025
Return on equity
15.9%
This company
18.4%
Market median
+14% vs market
20182025
Net profit margin
9.3%
This company
8.1%
Market median
+15% vs market
20182025
Asset turnover
0.82×
This company
1.12×
Market median
+27% vs market
20182025
Debt / equity
1.09×
This company
0.62×
Market median
-76% vs market
20182025
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-02-06 – 2018-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
MS Founder | Founder | 2018 | — | — |
PF Management | Management | 2018 | — | — |
No data on file.
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Naldal Holding ApS | Company | 33.3% | 33.3% | 2019 |
Delvid Holding ApS | Company | 33.3% | 33.3% | 2023 |
PTHolding2024 ApS | Company | 10.0% | 10.0% | 2024 |
Skjoldrup Holding ApS | Company | 25.0% | 25.0% | 2019 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Delvid Holding ApS
Heatflow ApS Board members of Heatflow ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Morten Søegaard Espersen | Founder | 0 companies |
| Paw Fallgaard Mortensen | Management | 0 companies |