COTES A/S: Financial statements 2021
CVR: 15200332
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
COTES A/S (CVR 15200332) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 32,956,300 and a net result of DKK 6,014,435 compared with DKK 7,729,824 the year before. That is a decrease of 8.5% compared with the year before. Equity in the 2021 report amounted to DKK 16,514,851. The solvency ratio was 34.4%. The company had 33 employees in the financial year.
- Gross Profit
- DKK 32,956,300
- Profit/Loss
- DKK 6,014,435
- Equity
- DKK 16,514,851
- Total Assets
- DKK 47,959,071
- Employees
- 33
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 33 mio. | 6 mio. | 16.5 mio. | 33 |
| 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 |
Official annual report
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As of November 1, 2021, Martin Brøchner-Mortensen is registered as adm. dir. of COTES A/S.
As of October 31, 2021, Thomas Rønnow has stepped down as adm. dir. of COTES A/S.
COTES A/S has published its annual report for 2020. Gross profit came to DKK 36,008,548, and the net result was DKK 7,729,824.
As of April 8, 2021, Axel Manøe Jepsen 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 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.