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Vexve A/S: Financial statements 2018

CVR: 12375344

Source: annual report 2018, Danish Business Authority

01/01/2018 – 31/12/2018

Vexve A/S (CVR 12375344) has filed annual accounts for 2018. In 2018, the company reported a gross profit of DKK 80,203,000 and a net result of DKK 22,544,000 compared with DKK 16,402,000 the year before. That is an increase of 6% compared with the year before. Equity in the 2018 report amounted to DKK 93,074,000. The solvency ratio was 55.9%. The company had 68 employees in the financial year.

Gross Profit
DKK 80,203,000
Profit/Loss
DKK 22,544,000
Equity
DKK 93,074,000
Total Assets
DKK 166,474,000
Employees
68

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2018-80.2 mio.22.5 mio.93.1 mio.68
2017-75.6 mio.16.4 mio.71.2 mio.70
2016-66.2 mio.12.8 mio.59.6 mio.68
2015-62.9 mio.12 mio.51.1 mio.63
2014-48.9 mio.4.6 mio.38.6 mio.58

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Events in 2018

Vexve A/S appoints new auditorDec 5, 2018

As of December 5, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Vexve A/S.

Auditor steps down at Vexve A/SDec 5, 2018

As of December 5, 2018, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Vexve A/S.

Vexve A/S: The 2017 annual report is outMay 22, 2018

Vexve A/S has published its annual report for 2017. Gross profit came to DKK 75,634,000, and the net result was DKK 16,402,000.

Søren Hoelgaard Justesen joins the board of Vexve A/SMay 8, 2018

As of May 8, 2018, Søren Hoelgaard Justesen has joined the board of directors of Vexve A/S.

Tina Sofie Frese leaves the board of Vexve A/SMay 8, 2018

As of May 8, 2018, Tina Sofie Frese has left the board of directors of Vexve A/S.

Tina Sofie Frese joins Vexve A/S as directorMay 8, 2018

As of May 8, 2018, Tina Sofie Frese is registered as director of Vexve A/S.

Claus Thorsted Frese steps down as director of Vexve A/SMay 8, 2018

As of May 8, 2018, Claus Thorsted Frese has stepped down as director of Vexve A/S.

About Vexve A/S

Vexve A/S is a Danish company of the type Aktieselskab based in Slagelse, founded in 1988. The company is registered under the industry Fremstilling af hydraulisk udstyr. The company was previously named FRESE A/S and FRESE ARMATUR A/S. The management consists of Stig Peter Agneborn and Ulrich Gammelgaard. The board consists of Paul Thomas Gustavsson (chair), Riiko Johannes Kaurola, Jens Axel Johansen and Jette Marie Sørensen. The company is owned by Vexve Oy. The company has 185 employees (2026). In 2025, the company reported revenue of DKK 437,639,000 and a net result of DKK 31,737,000 compared with DKK 35,613,000 the year before. Equity in the 2025 report amounted to DKK 78,815,000.

Source: annual report 2025, Danish Business Authority