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LOTUS HEATING SYSTEMS A/S: Financial statements 2020

CVR: 26110475

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

LOTUS HEATING SYSTEMS A/S (CVR 26110475) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK -111,616 and a net result of DKK 3,836,439 compared with DKK 4,739,850 the year before. Equity in the 2020 report amounted to DKK 28,558,492. The solvency ratio was 75.5%. The company had 20 employees in the financial year.

Gross Profit
DKK -111,616
Profit/Loss
DKK 3,836,439
Equity
DKK 28,558,492
Total Assets
DKK 37,827,215
Employees
20

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020--112 t.3.8 mio.28.6 mio.20
2019-24 mio.4.7 mio.28.7 mio.20
2018-23.4 mio.5.4 mio.28 mio.20
2017-23.5 mio.3.6 mio.25.2 mio.22
2016-03.9 mio.24.5 mio.22

Official annual report

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Events in 2020

Lars Ulrich Borch joins LOTUS HEATING SYSTEMS A/S as adm. dir.Sep 1, 2020

As of September 1, 2020, Lars Ulrich Borch is registered as adm. dir. of LOTUS HEATING SYSTEMS A/S.

Johnny Laage Ebstrup steps down as director of LOTUS HEATING SYSTEMS A/SAug 31, 2020

As of August 31, 2020, Johnny Laage Ebstrup has stepped down as director of LOTUS HEATING SYSTEMS A/S.

LOTUS HEATING SYSTEMS A/S: The 2019 annual report is outAug 20, 2020

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.

Lars Ulrich Borch joins the board of LOTUS HEATING SYSTEMS A/SAug 20, 2020

As of August 20, 2020, Lars Ulrich Borch has joined the board of directors of LOTUS HEATING SYSTEMS A/S.

Johnny Laage Ebstrup leaves the board of LOTUS HEATING SYSTEMS A/SAug 20, 2020

As of August 20, 2020, Johnny Laage Ebstrup has left the board of directors of LOTUS HEATING SYSTEMS A/S.

About LOTUS HEATING SYSTEMS A/S

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 company was previously named LOTUS AF 18. JUNI 2001 A/S. 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 20 employees (2026). 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