COTES A/S: Financial statements 2020
CVR: 15200332
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
COTES A/S (CVR 15200332) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 36,008,548 and a net result of DKK 7,729,824 compared with DKK 1,904,822 the year before. That is an increase of 19.8% compared with the year before. Equity in the 2020 report amounted to DKK 14,331,722. The solvency ratio was 28.7%. The company had 36 employees in the financial year.
- Gross Profit
- DKK 36,008,548
- Profit/Loss
- DKK 7,729,824
- Equity
- DKK 14,331,722
- Total Assets
- DKK 49,922,336
- Employees
- 36
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 36 mio. | 7.7 mio. | 14.3 mio. | 36 |
| 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 |
Official annual report
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COTES A/S has published its annual report for 2019. Gross profit came to DKK 30,053,926, and the net result was DKK 1,904,822.
As of May 26, 2020, Michael Ærø Olsen has joined the board of directors of COTES A/S.
As of May 26, 2020, Thomas Rønnow has left the board of directors of COTES A/S.
As of February 1, 2020, Christina Aabo has joined the board of directors of COTES A/S.
As of January 1, 2020, Flemming Poulfelt has joined 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.