COTES A/S: Financial statements 2023
CVR: 15200332
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
COTES A/S (CVR 15200332) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 45,415,046 and a net result of DKK 5,953,478 compared with DKK 2,819,725 the year before. That is an increase of 42.1% compared with the year before. Equity in the 2023 report amounted to DKK 25,686,009. The solvency ratio was 22.3%. The company had 33 employees in the financial year.
- Gross Profit
- DKK 45,415,046
- Profit/Loss
- DKK 5,953,478
- Equity
- DKK 25,686,009
- Total Assets
- DKK 115,113,666
- Employees
- 33
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 45.4 mio. | 6 mio. | 25.7 mio. | 33 |
| 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 |
Official annual report
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COTES A/S has published its annual report for 2022. Gross profit came to DKK 31,955,906, and the net result was DKK 2,819,725.
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.