COTES A/S: Financial statements 2025
CVR: 15200332
Source: annual report 2025, Danish Business Authority
01/01/2025 – 31/12/2025
COTES A/S (CVR 15200332) has filed annual accounts for 2025. 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. That is an increase of 33.3% compared with the year before. Equity in the 2025 report amounted to DKK 42,033,212. The solvency ratio was 56.4%. The company had 31 employees in the financial year.
- Gross Profit
- DKK 53,275,330
- Profit/Loss
- DKK 18,183,158
- Equity
- DKK 42,033,212
- Total Assets
- DKK 74,480,659
- Employees
- 31
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | - | 53.3 mio. | 18.2 mio. | 42 mio. | 31 |
| 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 |
Official annual report
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As of September 3, 2025, BDO Statsautoriseret Revisionspartnerselskab has been appointed auditor of COTES A/S.
As of September 3, 2025, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of COTES A/S.
COTES A/S has published its annual report for 2024. Gross profit came to DKK 39,969,817, and the net result was DKK -1,905,380.
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.