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Vestas Industrial Cooling ApS
APS
Active
CVR 41343842
Smed Hansens Vej 13
Manufacture of other general-purpose machinery n.e.c. · NACE 2829
Est. 2020
20 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 15,9M
+70% vs 2023
EBITDA margin
8.9%
+140% vs 2023
Equity ratio
6.4%
Financial strength
Net profit 2024
DKK 756K
+123% vs 2023
EBITDA — year on year
DKK millions
1M
-1M
-3M
-5M
-8M
0M
2020
-1M
-100%
2021
-6M
-500%
2022
-4M
+33%
2023
1M
+125%
2024
Key figures
Annual report 2024
Revenue
DKK 15,9M
+70%
EBITDA
DKK 1,4M
+140%
Net profit
DKK 756K
+123%
Total assets
DKK 44,1M
+160%
Equity
DKK 2,8M
+37%
Employees
20
—
Company information
Legal name
Vestas Industrial Cooling ApS
CVR number
41343842
Legal form
Anpartsselskab
NACE code
2829 · Manufacture of other general-purpose machinery n.e.c.
Founded
6. maj 2020
Share capital
DKK 100.000
Employees
20 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktøren i forening med den samlede bestyrelse eller af den samlede bestyrelse.
Company purpose
Selskabets formål er salg, service og produktion af køletårne og tørkølere.
Contact
Address
Smed Hansens Vej 13
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Companies in Manufacture of other general-purpose machinery n.e.c.
Companies in Ringkøbing-Skjern
All Denmark companies
Revenue
DKK millions
0M
5M
9M
14M
18M
0M
2020
9M
2021
4M
2022
9M
2023
16M
2024
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2020
-1M
2021
-6M
2022
-4M
2023
1M
2024
Income statement
DKK thousands
Item
2020
2021
2022
2023
2024
Revenue
-15
9.016
3.737
9.336
15.914
Staff expenses
-0
-9.806
-9.312
-12.868
-14.500
EBITDA
-15
-790
-5.575
-3.532
1.412
Depreciation & amort.
-0
-148
-150
-84
-66
EBIT
-15
-938
-5.725
-3.616
1.345
Net financials
-0
-161
-187
-254
-811
Profit before tax
-15
-1.099
-5.912
-3.871
534
Tax
-3
-241
-1.301
-512
-222
Net profit
-12
-858
-4.611
-3.359
756
Balance sheet
DKK thousands
Item
2020
2021
2022
2023
2024
Total assets
103
11.914
19.344
16.938
44.103
Equity
88
-770
1.619
2.067
2.823
Long-term debt
0
0
0
0
0
Short-term debt
15
12.426
17.089
14.620
38.774
Total debt
15
12.426
17.089
14.620
38.774
Financial ratios
5-year trend
EBITDA margin
8.9%
This company
15.8%
Market median
-44% vs market
2020
2024
Equity ratio
6.4%
This company
38.2%
Market median
-83% vs market
2020
2024
Return on equity
26.8%
This company
18.4%
Market median
+46% vs market
2020
2024
Net profit margin
4.8%
This company
8.1%
Market median
-41% vs market
2020
2024
Asset turnover
0.36×
This company
1.12×
Market median
-68% vs market
2020
2024
Debt / equity
14.62×
This company
0.62×
Market median
-2258% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-05-06 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
CM
Claus Munkholm
Chief Executive Officer
Chief Executive Officer
2022
Former (1)
MH
Michael Hansen
Management
Management
2021 – 2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
IS
Ib Sand Nykjær
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
VESTAS AIRCOIL A/S
Company
100%
100%
2020
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
M. GRUNNET HOLDING A/S
GENUA A/S
VESTAS AIRCOIL A/S
Vestas Industrial Cooling ApS
(this company)
Board network connections
Board members of Vestas Industrial Cooling ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Michael Hansen
Management
0 companies
Claus Munkholm
Chief Executive Officer
0 companies
Ib Sand Nykjær
Chairman
0 companies