A/S VESTFROST: Financial statements 2020
CVR: 37101117
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
A/S VESTFROST (CVR 37101117) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 445,448,000 and a net result of DKK -6,566,000 compared with DKK -17,764,000 the year before. That is an increase of 20.1% compared with the year before. The profit margin was -1.5%. Equity in the 2020 report amounted to DKK 143,947,000. The solvency ratio was 38.4%. The company had 410 employees in the financial year.
- Revenue
- DKK 445,448,000
- Gross Profit
- DKK 95,424,000
- Profit/Loss
- DKK -6,566,000
- Equity
- DKK 143,947,000
- Total Assets
- DKK 375,052,000
- Employees
- 410
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 445.4 mio. | 95.4 mio. | -6.6 mio. | 143.9 mio. | 410 |
| 2019 | 371 mio. | 81.2 mio. | -17.8 mio. | 162.6 mio. | 202 |
| 2018 | 489.6 mio. | 151.5 mio. | 33.2 mio. | 204.5 mio. | 216 |
| 2017 | 483.7 mio. | 140.2 mio. | 24.1 mio. | 186.9 mio. | 230 |
| 2016 | 431.8 mio. | 140.2 mio. | 24.1 mio. | 177.3 mio. | 229 |
Official annual report
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As of October 1, 2020, Lars Christensen is registered as adm. dir. of A/S VESTFROST.
As of September 30, 2020, Michael Gejl has stepped down as adm. dir. of A/S VESTFROST.
A/S VESTFROST has published its annual report for 2019. Revenue came to DKK 371,021,000, and the net result was DKK -17,764,000.
As of February 20, 2020, Michael Gejl is registered as adm. dir. of A/S VESTFROST.
As of February 20, 2020, Lars Hegelund Knudsen has stepped down as adm. dir. of A/S VESTFROST.
About A/S VESTFROST
A/S VESTFROST is a Danish company of the type Aktieselskab based in Esbjerg Ø, founded in 1963. The company is registered under the industry Fremstilling af klimaanlæg, ikke til husholdningsbrug. The management consists of Kenneth Bo Madsen and Jannie Tholstrup. The board consists of Karoline Amalie Qvirin Kristensen (chair), Knud Andersen, Denis Gasal and Jesper Toft Mathiasen. The company is owned by CLAUS SØRENSENS FOND HOLDING A/S and Alice og Tage Sørensens Fond Holding A/S. The company has 160 employees (2026). In 2025, the company reported revenue of DKK 670,538,000 and a net result of DKK 2,762,000 compared with DKK -35,807,000 the year before. Equity in the 2025 report amounted to DKK 59,093,000.
