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COTES A/S: Financial statements 2024

CVR: 15200332

Source: annual report 2024, Danish Business Authority

01/01/2024 – 31/12/2024

COTES A/S (CVR 15200332) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 39,969,817 and a net result of DKK -1,905,380 compared with DKK 5,953,478 the year before. That is a decrease of 12% compared with the year before. Equity in the 2024 report amounted to DKK 23,780,629. The solvency ratio was 27.4%. The company had 33 employees in the financial year.

Gross Profit
DKK 39,969,817
Profit/Loss
DKK -1,905,380
Equity
DKK 23,780,629
Total Assets
DKK 86,830,595
Employees
33

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2024-40 mio.-1.9 mio.23.8 mio.33
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

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Events in 2024

Christian Egemose Agger joins the board of COTES A/SSep 26, 2024

As of September 26, 2024, Christian Egemose Agger has joined the board of directors of COTES A/S.

Axel Manøe Jepsen joins the board of COTES A/SSep 26, 2024

As of September 26, 2024, Axel Manøe Jepsen has joined the board of directors of COTES A/S.

Flemming Poulfelt leaves the board of COTES A/SSep 26, 2024

As of September 26, 2024, Flemming Poulfelt has left the board of directors of COTES A/S.

Michael Ærø Olsen leaves the board of COTES A/SSep 26, 2024

As of September 26, 2024, Michael Ærø Olsen has left the board of directors of COTES A/S.

Axel Manøe Jepsen leaves the board of COTES A/SSep 25, 2024

As of September 25, 2024, Axel Manøe Jepsen has left the board of directors of COTES A/S.

COTES A/S: The 2023 annual report is outMay 14, 2024

COTES A/S has published its annual report for 2023. Gross profit came to DKK 45,415,046, and the net result was DKK 5,953,478.

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