Owners, management and financials
CVR: 26110475
DKK 23,337,783
Gross profit
Net result: DKK 2,671,868
NIBE Industrier AB (100%)
CVR · view owners
Lars Ulrich Borch
Board: Bengt Olof Niklas Gunnarsson (chair) and 2 members
CVR · view management
Active
Founded 1 July 2001
CVR · view overview
19 employees
CVR · 2018
Director registered: Lars Ulrich Borch
CVR · 01/09/2020
View the full event history
LOTUS HEATING SYSTEMS A/S is a Danish company of the type Aktieselskab based in Langeskov, founded in 2001. The company is registered under the industry Engroshandel med andre husholdningsartikler i.a.n.. The management consists of Lars Ulrich Borch. The board consists of Bengt Olof Niklas Gunnarsson (chair), Lars Ulrich Borch and Michael Tolbøll. The company is owned by NIBE Industrier AB. The company has 19 employees (2018). In 2025, the company reported a gross profit of DKK 23,337,783 and a net result of DKK 2,671,868 compared with DKK 10,442,269 the year before. Equity in the 2025 report amounted to DKK 45,716,168.
Source: annual report 2025, Danish Business Authority
The financial health of LOTUS HEATING SYSTEMS A/S appears strong, with a notable upward trend in gross profit and profitability over the past few years. Gross profit increased from 23.8 million DKK in 2021 to 59.4 million DKK in 2023, while profit surged from 4 million DKK to nearly 25 million DKK in the same period. Despite a slight decline in equity from 54.6 million DKK in 2023 to 45.7 million DKK in 2025, the company maintains a solid equity position, indicating resilience. The absence of disclosed revenue figures may raise concerns about transparency, but the consistent growth in margins suggests a strong competitive position within the household goods wholesale industry.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive handel, produktion og finansiering.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 23.3 mio. | 2.7 mio. | 55.5 mio. | 45.7 mio. | 29 | |
| 202401/01/2024 – 31/12/2024 | 31.2 mio. | 10.4 mio. | 65.3 mio. | 50 mio. | 29 | |
| 202301/01/2023 – 31/12/2023 | 59.4 mio. | 24.9 mio. | 72.2 mio. | 54.6 mio. | 25 | |
| 202201/01/2022 – 31/12/2022 | 45.3 mio. | 16.5 mio. | 58.2 mio. | 42.7 mio. | 22 | |
| 202101/01/2021 – 31/12/2021 | 23.8 mio. | 4 mio. | 43.6 mio. | 29.6 mio. | 20 | |
| 202001/01/2020 – 31/12/2020 | -112 t. | 3.8 mio. | 37.8 mio. | 28.6 mio. | 20 | |
| 201901/01/2019 – 31/12/2019 | 24 mio. | 4.7 mio. | 38.5 mio. | 28.7 mio. | 20 | |
| 201801/01/2018 – 31/12/2018 | 23.4 mio. | 5.4 mio. | 41.6 mio. | 28 mio. | 20 | |
| 201701/01/2017 – 31/12/2017 | 23.5 mio. | 3.6 mio. | 41.2 mio. | 25.2 mio. | 22 | |
| 201601/01/2016 – 31/12/2016 | 0 | 3.9 mio. | 42.6 mio. | 24.5 mio. | 22 | |
| 201501/01/2015 – 31/12/2015 | 29.8 mio. | 3.7 mio. | 44.5 mio. | 22.7 mio. | 22 | |
| 201401/01/2014 – 31/12/2014 | 26 mio. | 2.1 mio. | 49.1 mio. | 20.2 mio. | 22 | |
| 201301/01/2013 – 31/12/2013 | 31.6 mio. | 5.8 mio. | 47.6 mio. | 21.6 mio. | 28 |
Compared to 231 companies in Engroshandel med andre husholdningsartikler i.a.n.
Comparison is based on industry median values
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Try the lead list generatorThe CVR number of LOTUS HEATING SYSTEMS A/S is 26110475.
LOTUS HEATING SYSTEMS A/S is owned by NIBE Industrier AB.
The management of LOTUS HEATING SYSTEMS A/S consists of Lars Ulrich Borch.
The board of LOTUS HEATING SYSTEMS A/S consists of Bengt Olof Niklas Gunnarsson, Lars Ulrich Borch and Michael Tolbøll, with Bengt Olof Niklas Gunnarsson as chair.
In 2025, LOTUS HEATING SYSTEMS A/S reported a gross profit of DKK 23,337,783.
LOTUS HEATING SYSTEMS A/S had 19 employees in 2018 according to the Danish CVR register.
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LOTUS HEATING SYSTEMS A/S has published its annual report for 2025. Gross profit came to DKK 23,337,783, and the net result was DKK 2,671,868.
As of December 31, 2025, Kaare Sølvsten has left the board of directors of LOTUS HEATING SYSTEMS A/S.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2024. Gross profit came to DKK 31,246,794, and the net result was DKK 10,442,269.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2023. Gross profit came to DKK 59,363,711, and the net result was DKK 24,937,121.
As of September 22, 2023, Michael Tolbøll has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of September 22, 2023, Lars Bjergegaard Hviid has left the board of directors of LOTUS HEATING SYSTEMS A/S.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2022. Gross profit came to DKK 45,337,090, and the net result was DKK 16,497,003.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2021. Gross profit came to DKK 23,847,979, and the net result was DKK 4,009,415.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2020. Gross profit came to DKK -111,616, and the net result was DKK 3,836,439.
As of September 1, 2020, Lars Ulrich Borch is registered as adm. dir. of LOTUS HEATING SYSTEMS A/S.
As of August 31, 2020, Johnny Laage Ebstrup has stepped down as director of LOTUS HEATING SYSTEMS A/S.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2019. Gross profit came to DKK 23,993,162, and the net result was DKK 4,739,850.
As of August 20, 2020, Lars Ulrich Borch has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of August 20, 2020, Johnny Laage Ebstrup has left the board of directors of LOTUS HEATING SYSTEMS A/S.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2018. Gross profit came to DKK 23,438,693, and the net result was DKK 5,414,872.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2017. Gross profit came to DKK 23,508,802, and the net result was DKK 3,645,028.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2016. Gross profit came to DKK 0, and the net result was DKK 3,870,346.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2015. Gross profit came to DKK 29,833,317, and the net result was DKK 3,698,130.
As of April 7, 2016, KPMG P/S has been appointed auditor of LOTUS HEATING SYSTEMS A/S.
As of April 6, 2016, KPMG P/S has stepped down as auditor of LOTUS HEATING SYSTEMS A/S.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2014. Gross profit came to DKK 26,014,923, and the net result was DKK 2,054,592.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2013. Gross profit came to DKK 31,599,279, and the net result was DKK 5,800,100.
As of March 27, 2014, KPMG P/S has been appointed auditor of LOTUS HEATING SYSTEMS A/S.
As of March 27, 2014, EY Godkendt Revisionspartnerselskab has stepped down as auditor of LOTUS HEATING SYSTEMS A/S.
As of March 9, 2014, Lars Bjergegaard Hviid has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of December 18, 2013, Thomas Storm Autzen has left the board of directors of LOTUS HEATING SYSTEMS A/S.
As of June 6, 2013, EY Godkendt Revisionspartnerselskab has been appointed auditor of LOTUS HEATING SYSTEMS A/S.
As of June 6, 2013, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of LOTUS HEATING SYSTEMS A/S.
LOTUS HEATING SYSTEMS A/S has published its annual report for 2012.
As of March 4, 2013, Stian Frederik Varre has left the board of directors of LOTUS HEATING SYSTEMS A/S.
As of July 4, 2011, Preben Hansen has left the board of directors of LOTUS HEATING SYSTEMS A/S.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of LOTUS HEATING SYSTEMS A/S.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of LOTUS HEATING SYSTEMS A/S.
As of March 3, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of LOTUS HEATING SYSTEMS A/S.
As of March 3, 2011, RISSKOV REVISION STATSAUTORISERET REVISIONSANPARTSSELSKAB has stepped down as auditor of LOTUS HEATING SYSTEMS A/S.
As of March 3, 2011, JUT NR. 2180 A/S has stepped down as auditor of LOTUS HEATING SYSTEMS A/S.
As of May 27, 2010, Thomas Storm Autzen has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of May 27, 2010, Preben Hansen has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of May 27, 2010, Stian Frederik Varre has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of May 27, 2010, Bengt Olof Niklas Gunnarsson has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of April 19, 2010, is registered as an owner of LOTUS HEATING SYSTEMS A/S with an ownership share of 100%.
As of August 20, 2008, RISSKOV REVISION STATSAUTORISERET REVISIONSANPARTSSELSKAB has been appointed auditor of LOTUS HEATING SYSTEMS A/S.
As of August 20, 2008, Ejendommen Arresøvej 48 / FINO Rådgivning has stepped down as auditor of LOTUS HEATING SYSTEMS A/S.
As of July 6, 2008, JUT NR. 2180 A/S has been appointed auditor of LOTUS HEATING SYSTEMS A/S.
As of August 1, 2001, Johnny Laage Ebstrup is registered as director of LOTUS HEATING SYSTEMS A/S.
As of July 1, 2001, Ejendommen Arresøvej 48 / FINO Rådgivning has been appointed auditor of LOTUS HEATING SYSTEMS A/S.
As of July 1, 2001, Kaare Sølvsten has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of July 1, 2001, Johnny Laage Ebstrup has joined the board of directors of LOTUS HEATING SYSTEMS A/S.
As of July 1, 2001, Preben Hansen is registered as director of LOTUS HEATING SYSTEMS A/S.
As of July 1, 2001, Preben Hansen has stepped down as director of LOTUS HEATING SYSTEMS A/S.
LOTUS HEATING SYSTEMS A/S was founded on July 1, 2001.
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