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COTES A/S: Financial statements 2019

CVR: 15200332

Source: annual report 2019, Danish Business Authority

01/01/2019 – 31/12/2019

COTES A/S (CVR 15200332) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 30,053,926 and a net result of DKK 1,904,822 compared with DKK 1,738,747 the year before. That is an increase of 1.5% compared with the year before. Equity in the 2019 report amounted to DKK 7,893,826. The solvency ratio was 25.5%. The company had 39 employees in the financial year.

Gross Profit
DKK 30,053,926
Profit/Loss
DKK 1,904,822
Equity
DKK 7,893,826
Total Assets
DKK 30,901,787
Employees
39

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2019-30.1 mio.1.9 mio.7.9 mio.39
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

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Events in 2019

Flemming Poulfelt leaves the board of COTES A/SDec 31, 2019

As of December 31, 2019, Flemming Poulfelt has left the board of directors of COTES A/S.

Finn Mogensen leaves the board of COTES A/SSep 30, 2019

As of September 30, 2019, Finn Mogensen has left the board of directors of COTES A/S.

COTES A/S: The 2018 annual report is outMay 15, 2019

COTES A/S has published its annual report for 2018. Gross profit came to DKK 29,596,288, and the net result was DKK 1,738,747.

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