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COTES A/S: Financial statements 2018

CVR: 15200332

Source: annual report 2018, Danish Business Authority

01/01/201831/12/2018

COTES A/S (CVR 15200332) has filed annual accounts for 2018. In 2018, the company reported a gross profit of DKK 29,596,288 and a net result of DKK 1,738,747 compared with DKK 8,230,544 the year before. That is a decrease of 1.7% compared with the year before. Equity in the 2018 report amounted to DKK 14,889,004. The solvency ratio was 49.3%. The company had 42 employees in the financial year.

Gross Profit
DKK 29,596,288
Profit/Loss
DKK 1,738,747
Equity
DKK 14,889,004
Total Assets
DKK 30,177,426
Employees
42

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2018-29.6 mio.1.7 mio.14.9 mio.42
2017-30.1 mio.8.2 mio.19.2 mio.42
2016-19.5 mio.1.8 mio.11.8 mio.39
2015-14.3 mio.664 t.10.2 mio.44
2014-13.8 mio.877 t.9.5 mio.44

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Events in 2018

Torben Melchior Hansen leaves the board of COTES A/SDec 20, 2018

As of December 20, 2018, Torben Melchior Hansen has left the board of directors of COTES A/S.

Flemming Poulfelt joins the board of COTES A/SNov 15, 2018

As of November 15, 2018, Flemming Poulfelt has joined the board of directors of COTES A/S.

Torben Melchior Hansen joins the board of COTES A/SMay 29, 2018

As of May 29, 2018, Torben Melchior Hansen has joined the board of directors of COTES A/S.

Peter Johansen Viereck leaves the board of COTES A/SMay 29, 2018

As of May 29, 2018, Peter Johansen Viereck has left the board of directors of COTES A/S.

Henning Spendrup Meyer steps down as director of COTES A/SMay 29, 2018

As of May 29, 2018, Henning Spendrup Meyer has stepped down as director of COTES A/S.

Torben Melchior Hansen leaves the board of COTES A/SMay 28, 2018

As of May 28, 2018, Torben Melchior Hansen has left the board of directors of COTES A/S.

COTES A/S: The 2017 annual report is outMay 17, 2018

COTES A/S has published its annual report for 2017. Gross profit came to DKK 30,119,529, and the net result was DKK 8,230,544.

Thomas Rønnow joins the board of COTES A/SMay 15, 2018

As of May 15, 2018, Thomas Rønnow has joined the board of directors of COTES A/S.

Søren Rønnow Olesen leaves the board of COTES A/SMay 15, 2018

As of May 15, 2018, Søren Rønnow Olesen has left the board of directors of COTES A/S.

About COTES A/S

COTES A/S is a Danish company of the type Aktieselskab based in Viby J, founded in 1991. The company is registered under the industry Fremstilling af klimaanlæg, ikke til husholdningsbrug. The company was previously named HB COTES A/S and A/S PSE 38 NR. 1325. The management consists of Martin Brøchner-Mortensen. The board consists of Nicola Biondo (chair), Carlo Vanin, Marino Tanas and Stefano Ruzzon. The company is owned by Carel Industries S.p.A.. The company has 43 employees (2018). In 2025, the company reported a gross profit of DKK 53,275,330 and a net result of DKK 18,183,158 compared with DKK -1,905,380 the year before. Equity in the 2025 report amounted to DKK 42,033,212.

Source: annual report 2025, Danish Business Authority