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COTES A/S: Financial statements 2022

CVR: 15200332

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

COTES A/S (CVR 15200332) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 31,955,906 and a net result of DKK 2,819,725 compared with DKK 6,014,435 the year before. That is a decrease of 3% compared with the year before. Equity in the 2022 report amounted to DKK 19,732,531. The solvency ratio was 27%. The company had 36 employees in the financial year.

Gross Profit
DKK 31,955,906
Profit/Loss
DKK 2,819,725
Equity
DKK 19,732,531
Total Assets
DKK 73,035,519
Employees
36

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022-32 mio.2.8 mio.19.7 mio.36
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

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Events in 2022

COTES A/S: The 2021 annual report is outMay 12, 2022

COTES A/S has published its annual report for 2021. Gross profit came to DKK 32,956,300, and the net result was DKK 6,014,435.

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.

Source: annual report 2025, Danish Business Authority