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Vexve A/S: Financial statements 2024

CVR: 12375344

Source: annual report 2024, Danish Business Authority

01/01/2024 – 31/12/2024

Vexve A/S (CVR 12375344) has filed annual accounts for 2024. In 2024, the company reported revenue of DKK 394,693,000 and a net result of DKK 35,613,000 compared with DKK 16,847,000 the year before. That is an increase of 11.6% compared with the year before. The profit margin was 9%. Equity in the 2024 report amounted to DKK 214,116,000. The solvency ratio was 70.2%. The company had 105 employees in the financial year.

Revenue
DKK 394,693,000
Gross Profit
DKK 135,003,000
Profit/Loss
DKK 35,613,000
Equity
DKK 214,116,000
Total Assets
DKK 305,067,000
Employees
105

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2024394.7M135M35.6M214.1M105
2023353.6M110.8M16.8M189.5M84
2022-105.7M25M175.8M84
2021-95.2M29M158.2M80
2020-93.3M26.4M135.4M73

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Events in 2024

Vexve A/S wins public contractJun 11, 2024

Vexve A/S has won the tender "EU-udbud (genudbud) vedr. levering af præisolerede ventiler til Kredsløb og Fjernvarme Fyn" issued by Kredsløb A/S worth 53,545,586 DKK.

Stig Peter Agneborn joins Vexve A/S as directorApr 1, 2024

As of April 1, 2024, Stig Peter Agneborn is registered as director of Vexve A/S.

Vexve A/S: The 2023 annual report is outMar 25, 2024

Vexve A/S has published its annual report for 2023. Revenue came to DKK 353,627,000, and the net result was DKK 16,847,000.

Nicholas Vinderslev Frese joins the board of Vexve A/SMar 15, 2024

As of March 15, 2024, Nicholas Vinderslev Frese has joined the board of directors of Vexve A/S.

Nicholas Vinderslev Frese leaves the board of Vexve A/SMar 15, 2024

As of March 15, 2024, Nicholas Vinderslev Frese has left the board of directors of Vexve A/S.

Ulrich Gammelgaard joins Vexve A/S as directorMar 15, 2024

As of March 15, 2024, Ulrich Gammelgaard is registered as director of Vexve A/S.

Morten Prasse joins the board of Vexve A/SMar 8, 2024

As of March 8, 2024, Morten Prasse has joined the board of directors of Vexve A/S.

Jette Marie Sørensen joins the board of Vexve A/SMar 8, 2024

As of March 8, 2024, Jette Marie Sørensen has joined the board of directors of Vexve A/S.

Benny Olsen leaves the board of Vexve A/SMar 1, 2024

As of March 1, 2024, Benny Olsen has left the board of directors of Vexve A/S.

Jussi Richart Foltmar leaves the board of Vexve A/SMar 1, 2024

As of March 1, 2024, Jussi Richart Foltmar has left the board of directors 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 189 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