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Vexve A/S: Financial statements 2020

CVR: 12375344

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

Vexve A/S (CVR 12375344) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 93,281,000 and a net result of DKK 26,426,000 compared with DKK 21,003,000 the year before. That is an increase of 10.1% compared with the year before. Equity in the 2020 report amounted to DKK 135,352,000. The solvency ratio was 67.9%. The company had 73 employees in the financial year.

Gross Profit
DKK 93,281,000
Profit/Loss
DKK 26,426,000
Equity
DKK 135,352,000
Total Assets
DKK 199,340,000
Employees
73

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-93.3 mio.26.4 mio.135.4 mio.73
2019-84.7 mio.21 mio.114 mio.70
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

Official annual report

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Events in 2020

Vexve A/S: The 2019 annual report is outMay 20, 2020

Vexve A/S has published its annual report for 2019. Gross profit came to DKK 84,748,000, and the net result was DKK 21,003,000.

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