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
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 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 |
Official annual report
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As of December 31, 2019, Flemming Poulfelt has left the board of directors of COTES A/S.
As of September 30, 2019, Finn Mogensen has left the board of directors of COTES A/S.
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 36 employees (2026). 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.
