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A/S Vestfrost

Public limited companyCVR 37101117Esbjerg ØActive

A/S Vestfrost is a public limited company, based in Esbjerg Ø, active in manufacture of non-domestic cooling and ventilation equipment, founded in 1963. After a loss in 2024, the company made a profit of DKK 2.8m in 2025. Measured by gross profit, it ranks no. 6 of 145 companies in the industry in the database. With 160 employees, the company is about 23 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 647m+17.9% vs. 2024
Net profitDKK 2.8m+107.7% vs. 2024
EquityDKK 59.1m+19.1% vs. 2024
Employees160latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 71% (2024 → 2025), to DKK 216.8m.
  • Revenue rose 18% (2024 → 2025), to DKK 647m.
  • Net profit went from a loss of DKK 35.8m to a profit of DKK 2.8m (2024 → 2025).
  • Equity rose 19% (2024 → 2025), to DKK 59.1m.

Employees

  • 14 fewer employees than a year earlier: 160 (07/2026) against 174 (07/2025).

Management and owners, last 24 months

  • New in management: Kenneth Bo Madsen (ceo, 19/09/2025) and Denis Gasal (board member, 08/02/2026).
  • Stepped down: Lars Christensen (ceo, 31/07/2025), Denis Gasal (deputy board member, 07/02/2026) and Linda Christensen (board member, 07/02/2026).
  • New owners registered: Claus Sørensens Fond Holding A/S (30/01/2025) and Alice og Tage Sørensens Fond Holding A/S (08/05/2026).
  • No longer registered as owner: Alice og Tage Sørensens Fond (08/05/2026) and Claus Sørensens Fond Holding A/S (29/01/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
  • 20/12/2024: Share capital changed from 62,278,625 DKK to 102,278,625 DKK

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150m202020212022202320242025
EquityNet profit
Financial figures for A/S Vestfrost
202020212022202320242025Change
Revenue445,760622,270614,421635,929548,930647,024+17.9%
Gross profit135,598187,251119,196138,969126,802216,756+70.9%
Operating profit (EBIT)−4,36316,157−56,457−24,167−23,91712,325+151.5%
Profit before tax−9,01012,777−68,264−27,889−43,1535,402+112.5%
Net profit−6,56610,039−73,584−18,477−35,8072,762+107.7%
Total assets402,975522,408494,627476,602489,158514,225+5.1%
Equity143,947155,11275,00255,20149,59759,093+19.1%
Liabilities245,372358,257405,283406,621428,291441,007+3%
Cash and cash equivalents3,7543,64010,50630,24225,25833,051+30.9%
Average number of employees410473561589565589+4.2%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
Gross profitMedian, the industry (145 companies)

Annual reports

6 financial years
Annual reports for A/S Vestfrost
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202517/03/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202417/03/2025The groupPDFXBRL
202301/01/2023 – 31/12/202311/03/2024The groupPDFXBRL
202201/01/2022 – 31/12/202210/03/2023The groupPDFXBRL
202101/01/2021 – 31/12/202114/03/2022The groupPDFXBRL
202001/01/2020 – 31/12/202012/03/2021The groupPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
05010015020025008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

145 companies in the database

Comparison with the other companies in manufacture of non-domestic cooling and ventilation equipment based on the latest financial year.

Gross profitDKK 216.8mNo. 6 of 145
Better than 97% of the companies in the industry
EquityDKK 59.1mNo. 17 of 145
Better than 89% of the companies in the industry
Number of employees160No. 4 of 145
Better than 98% of the companies in the industry

Industry median: gross profit DKK 6.1m, net profit DKK 659k, equity DKK 3.6m, 7 employees.

DKK 100kDKK 912kDKK 8.3mDKK 75.9mDKK 331.4mHere
Distribution of gross profit for 137 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 160of 4,412
Better than 96%
No. 1,068of 4,466
Better than 76%
Same industry and 50–199 employees16 companies in the comparison
No. 1of 16
Better than 100%
No. 7of 16
Better than 60%
Companies that are at least 30 years old10,276 companies in the comparison
No. 411of 10,152
Better than 96%
No. 1,806of 10,275
Better than 82%
All companies of type A/S18,025 companies in the comparison
No. 724of 17,786
Better than 96%
No. 3,230of 18,024
Better than 82%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of non-domestic cooling and ventilation equipment
Gross profit
  1. A/S VestfrostDKK 216.8m
  2. Johnson Controls Denmark ApSDKK 692.3m
  3. Skov A/s. GlyngøreDKK 593.2m
Net profit
  1. A/S VestfrostDKK 2.8m
  2. Johnson Controls Denmark ApS−DKK 1.2m
  3. Skov A/s. GlyngøreDKK 194.3m
Equity
  1. A/S VestfrostDKK 59.1m
  2. Johnson Controls Denmark ApSDKK 1.3bn
  3. Skov A/s. GlyngøreDKK 507.5m
Employees
  1. A/S Vestfrost160
  2. Johnson Controls Denmark ApS804
  3. Skov A/s. Glyngøre408

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
A/S Vestfrost

Management

10 active registrations

Executive management

Executive management at A/S Vestfrost
NameRoleAppointed
Jannie TholstrupDirector10/09/2024
Kenneth Bo MadsenCEO19/09/2025

Board of directors

Board of directors at A/S Vestfrost
NameRoleAppointed
Niels-Henrik BorchBoard member28/03/2003
Torben Bjerre-MadsenBoard member28/03/2008
Knud AndersenDeputy chair11/03/2022
Karoline Amalie Qvirin KristensenChair of the board11/03/2022
Max Peter ChristensenDeputy board member09/03/2023
Jesper Toft MathiasenBoard member09/03/2023
Marc HantscherBoard member06/03/2024
Denis GasalBoard member08/02/2026
Former management (75)
Former management at A/S Vestfrost
NameRoleAppointedResigned
John Riis AndersenChair of the board21/03/196314/03/2019
Erling Johannes DamkjærBoard member21/03/196328/03/2001
Erling Johannes DamkjærCEO21/03/196301/08/2002
Christian Muff IversenBoard member21/03/196331/03/1995
Bertil GrandtDirector21/03/196302/08/2004
Tage SørensenChair of the board21/03/196331/03/1995
Hans Christian AnderskouvBoard member21/03/196314/03/2013
Ib Erthmann FrølichBoard member21/03/196328/03/2001
Niels FrandsenBoard member21/03/196331/03/1995
Kurt Christian JensenDirector21/03/196323/04/1993
Milter Bjerre HermansenBoard member21/03/196329/04/1991
Birthe Kristine JohansenBoard member21/03/196304/01/1989
Betty Gudrun SørensenDeputy board member21/03/196329/04/1991
Ernst Haahr ChristensenBoard member21/03/196304/01/1989
Poul Søgaard PedersenBoard member21/03/196329/04/1991
Ole Møller JensenDirector21/03/196328/03/2003
Eigil PedersenDeputy board member21/03/196325/03/1999
Peter Mikael RingtvedDirector21/03/196331/03/2007
Jan Duelund NielsenBoard member21/03/196313/05/2002
Sanne Friis HansenBoard member21/03/196328/03/2003
Lone Elisabeth HøjbjergDeputy board member21/03/196331/03/1995
Preben KøhlerBoard member21/03/196325/03/1999
Bent Børge Hilding KlausenDeputy board member21/03/196325/03/1999
Niels AndersenDeputy board member21/03/196325/03/1999
Palle Alfred Strand NielsenBoard member21/03/196328/06/1991
Johan Anders Frederik ScharpBoard member21/03/196316/04/1996
Leif Valdemar JohanssonBoard member21/03/196302/04/1997
Sven Gunnar Lennart SundenDeputy board member21/03/196322/03/2000
Bror Halvar johannses JonzonBoard member27/03/199624/03/1998
Niels Michael Aage TreschowBoard member02/04/199721/03/2002
Hans Emanuel LinnarssonBoard member24/03/199815/08/2003
Kim Johan HansenDeputy board member25/03/199928/03/2003
Lone FauerbyDeputy board member25/03/199928/03/2003
Jan Højbjerg JensenBoard member28/03/200108/03/2023
Lars Anthon Worsøe-PetersenBoard member28/03/200121/03/2002
Niels NeergaardBoard member21/03/200215/08/2003
Carl Fredrik Stenson RystedtBoard member21/03/200215/08/2003
Max Peter ChristensenBoard member13/05/200208/03/2023
Edith Sonja EriksenDeputy board member28/03/200316/03/2007
Carsten Dyrup Nederup-NielsenDirector08/09/200315/10/2005
Niels Albæk NielsenDirector08/09/200323/10/2007
Annette Bjerring KristensenBoard member07/01/200412/03/2014
Jens BornsteinBoard member07/01/200430/09/2007
Tonny Frilund CarstensenBoard member07/01/200416/03/2010
Kenneth Mynster DolmerDirector02/08/200401/06/2005
Lars Gade HansenDirector15/10/200531/12/2007
Bent Ivan JacobsenDeputy board member16/03/200714/09/2007
Henning Steen JørgensenDeputy board member16/03/200716/03/2011
Ina Agnethe DanovicDeputy board member16/03/200723/10/2007
Liselotte RiisBoard member16/03/200712/03/2009
Torben SørensenDirector31/05/200830/06/2008
Jens Højsager DamgaardCEO01/06/200814/03/2019
Bjarne KirkebyBoard member30/04/200931/07/2016
Anette Størner JakobsenDeputy board member30/04/200916/03/2011
Kristoffer Jarl KristensenBoard member16/03/201010/03/2022
Jørn Viggo StrandDeputy board member16/03/201112/03/2015
Maybritt Lillie SchäfferDeputy board member16/03/201111/03/2015
Elsebeth Bjerre LarsenDeputy board member16/03/201111/03/2015
Ulf Ole AnderskouvBoard member14/03/201317/03/2016
Karoline Amalie Qvirin KristensenBoard member12/03/201413/03/2019
Maybritt Lillie SchäfferManagement body12/03/201513/03/2019
Elsebeth Bjerre LarsenBoard member12/03/201514/03/2019
Søren Christian Breinholt ChristensenManagement body12/03/201513/03/2019
Bente Anderskouv SørensenBoard member17/03/201608/03/2023
Jens Højsager DamgaardChair of the board14/03/201910/03/2022
Karoline Amalie Qvirin KristensenDeputy chair14/03/201910/03/2022
Maybritt Lillie SchäfferDeputy board member14/03/201908/03/2023
Lars Hegelund KnudsenCEO14/03/201920/02/2020
Søren Christian Breinholt ChristensenDeputy board member14/03/201908/03/2023
Tom Hilding KlausenBoard member14/03/201908/03/2023
Linda ChristensenDeputy board member14/03/201908/03/2023
Michael GejlCEO20/02/202030/09/2020
Lars ChristensenCEO01/10/202031/07/2025
Denis GasalDeputy board member09/03/202307/02/2026
Linda ChristensenBoard member09/03/202307/02/2026

Signing rule: Selskabet tegnes af en direktør i forening med et medlem af bestyrelsen eller af 2 medlemmer af bestyrelsen i forening med formanden.

Address and production units

1 active production units

Falkevej 12
6705 Esbjerg Ø

Esbjerg Municipality · Postcode 6705

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
A/S VestfrostFalkevej 12, 6705 Esbjerg Ø1601008699433

Purpose

Selskabets formål er at drive industri og handel.

The purpose is quoted from the register in Danish.

Changes year by year

139 registered events
20266 changesownership 2 · accounts 1 · management 3
  • Alice og Tage Sørensens Fond Holding A/S registered as owner (25%)
  • ALICE OG TAGE SØRENSENS FOND is no longer registered as owner
  • Annual report for 2025 published
  • Denis Gasal appointed board member
  • Denis Gasal stepped down as deputy board member
  • Linda Christensen stepped down as board member
20256 changesmanagement 2 · accounts 1 · ownership 2 · industry 1
  • Kenneth Bo Madsen appointed ceo
  • Lars Christensen stepped down as ceo
  • Annual report for 2024 published
  • CLAUS SØRENSENS FOND HOLDING A/S registered as owner (66.67%)
  • CLAUS SØRENSENS FOND HOLDING A/S is no longer registered as owner
  • Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
20244 changescapital 1 · management 2 · accounts 1
  • Share capital changed from 62,278,625 DKK to 102,278,625 DKK
  • Jannie Tholstrup appointed director
  • Annual report for 2023 published
  • Marc Hantscher appointed board member
202316 changescapital 1 · accounts 1 · management 11 · ownership 3
  • Share capital changed from 124,557,250 DKK to 62,278,625 DKK
  • Annual report for 2022 published
  • Denis Gasal appointed deputy board member
  • Jesper Toft Mathiasen appointed board member
  • Max Peter Christensen appointed deputy board member
  • Linda Christensen appointed board member
  • Linda Christensen stepped down as deputy board member
  • Tom Hilding Klausen stepped down as board member
  • Søren Christian Breinholt Christensen stepped down as deputy board member
  • Maybritt Lillie Schäffer stepped down as deputy board member
  • Bente Anderskouv Sørensen stepped down as board member
  • Max Peter Christensen stepped down as board member
  • Jan Højbjerg Jensen stepped down as board member
  • CLAUS SØRENSENS FOND HOLDING A/S registered as owner (50%)
  • CLAUS SØRENSENS FOND is no longer registered as owner
  • CLAUS SØRENSENS FOND HOLDING A/S is no longer registered as owner
20226 changesaccounts 1 · management 5
  • Annual report for 2021 published
  • Knud Andersen appointed deputy chair
  • Karoline Amalie Qvirin Kristensen appointed chair of the board
  • Karoline Amalie Qvirin Kristensen stepped down as deputy chair
  • Jens Højsager Damgaard stepped down as chair of the board
  • Kristoffer Jarl Kristensen stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 4
  • Lars Christensen appointed ceo
  • Michael Gejl stepped down as ceo
  • Michael Gejl appointed ceo
  • Lars Hegelund Knudsen stepped down as ceo
201913 changesmanagement 12 · industry 1
  • Karoline Amalie Qvirin Kristensen appointed deputy chair
  • Jens Højsager Damgaard appointed chair of the board
  • Linda Christensen appointed deputy board member
  • Tom Hilding Klausen appointed board member
  • Søren Christian Breinholt Christensen appointed deputy board member
  • Lars Hegelund Knudsen appointed ceo
  • Maybritt Lillie Schäffer appointed deputy board member
  • Elsebeth Bjerre Larsen stepped down as board member
  • Jens Højsager Damgaard stepped down as ceo
  • Maybritt Lillie Schäffer stepped down as management body
  • Søren Christian Breinholt Christensen stepped down as management body
  • Karoline Amalie Qvirin Kristensen stepped down as board member
  • Industry changed to Manufacture of electric domestic appliances (275100)
20163 changesmanagement 3
  • Bjarne Kirkeby stepped down as board member
  • Bente Anderskouv Sørensen appointed board member
  • Ulf Ole Anderskouv stepped down as board member
20156 changesmanagement 6
  • Maybritt Lillie Schäffer appointed management body
  • Søren Christian Breinholt Christensen appointed management body
  • Elsebeth Bjerre Larsen appointed board member
  • Jørn Viggo Strand stepped down as deputy board member
  • Elsebeth Bjerre Larsen stepped down as deputy board member
  • Maybritt Lillie Schäffer stepped down as deputy board member
20143 changesownership 1 · management 2
  • ALICE OG TAGE SØRENSENS FOND registered as owner (25%)
  • Karoline Amalie Qvirin Kristensen appointed board member
  • Annette Bjerring Kristensen stepped down as board member
20133 changesownership 2 · management 1
  • CLAUS SØRENSENS FOND registered as owner (25%)
  • Ulf Ole Anderskouv appointed board member
  • CLAUS SØRENSENS FOND HOLDING A/S registered as owner (10%)
20121 changeindustry 1
  • Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
20115 changesmanagement 5
  • Elsebeth Bjerre Larsen appointed deputy board member
  • Jørn Viggo Strand appointed deputy board member
  • Maybritt Lillie Schäffer appointed deputy board member
  • Anette Størner Jakobsen stepped down as deputy board member
  • Henning Steen Jørgensen stepped down as deputy board member
20102 changesmanagement 2
  • Kristoffer Jarl Kristensen appointed board member
  • Tonny Frilund Carstensen stepped down as board member
20094 changesmanagement 3 · address 1
  • Bjarne Kirkeby appointed board member
  • Anette Størner Jakobsen appointed deputy board member
  • Liselotte Riis stepped down as board member
  • Moved to Falkevej 12, 6705 Esbjerg Ø
20085 changesmanagement 4 · industry 1
  • Torben Sørensen stepped down as director
  • Jens Højsager Damgaard appointed ceo
  • Torben Sørensen appointed director
  • Torben Bjerre-Madsen appointed board member
  • Industry changed to Manufacture of electric domestic appliances (275100)
200710 changesmanagement 10
  • Lars Gade Hansen stepped down as director
  • Ina Agnethe Danovic stepped down as deputy board member
  • Niels Albæk Nielsen stepped down as director
  • Jens Bornstein stepped down as board member
  • Bent Ivan Jacobsen stepped down as deputy board member
  • Henning Steen Jørgensen appointed deputy board member
  • Liselotte Riis appointed board member
  • Ina Agnethe Danovic appointed deputy board member
  • Bent Ivan Jacobsen appointed deputy board member
  • Edith Sonja Eriksen stepped down as deputy board member
20053 changesmanagement 3
  • Lars Gade Hansen appointed director
  • Carsten Dyrup Nederup-Nielsen stepped down as director
  • Kenneth Mynster Dolmer stepped down as director
20044 changesmanagement 4
  • Kenneth Mynster Dolmer appointed director
  • Jens Bornstein appointed board member
  • Annette Bjerring Kristensen appointed board member
  • Tonny Frilund Carstensen appointed board member
200311 changescapital 1 · management 9 · merger 1
  • Share capital changed from 249,115,500 DKK to 124,557,250 DKK
  • Carsten Dyrup Nederup-Nielsen appointed director
  • Niels Albæk Nielsen appointed director
  • Niels Neergaard stepped down as board member
  • Carl Fredrik Stenson Rystedt stepped down as board member
  • Hans Emanuel Linnarsson stepped down as board member
  • Merger registered in CVR
  • Niels-Henrik Borch appointed board member
  • Edith Sonja Eriksen appointed deputy board member
  • Lone Fauerby stepped down as deputy board member
  • Kim Johan Hansen stepped down as deputy board member
20025 changesmanagement 5
  • Max Peter Christensen appointed board member
  • Niels Neergaard appointed board member
  • Carl Fredrik Stenson Rystedt appointed board member
  • Lars Anthon Worsøe-Petersen stepped down as board member
  • Niels Michael Aage Treschow stepped down as board member
20012 changesmanagement 2
  • Lars Anthon Worsøe-Petersen appointed board member
  • Jan Højbjerg Jensen appointed board member
19992 changesmanagement 2
  • Lone Fauerby appointed deputy board member
  • Kim Johan Hansen appointed deputy board member
19983 changescapital 1 · management 2
  • Share capital changed from 166,077,000 DKK to 249,115,500 DKK
  • Hans Emanuel Linnarsson appointed board member
  • Bror Halvar johannses Jonzon stepped down as board member
19971 changemanagement 1
  • Niels Michael Aage Treschow appointed board member
19961 changemanagement 1
  • Bror Halvar johannses Jonzon appointed board member
19921 changecapital 1
  • Share capital changed from 110,718,000 DKK to 166,077,000 DKK
19912 changesmanagement 2
  • Poul Søgaard Pedersen stepped down as board member
  • Betty Gudrun Sørensen stepped down as deputy board member
19892 changescapital 1 · management 1
  • Share capital changed from 73,812,000 DKK to 110,718,000 DKK
  • Ernst Haahr Christensen stepped down as board member
19634 changesfounded 1 · management 3
  • Registered as A/S VESTFROST
  • Poul Søgaard Pedersen appointed board member
  • Ernst Haahr Christensen appointed board member
  • Betty Gudrun Sørensen appointed deputy board member

Related companies

Same industry in Esbjerg

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 23/10/2026.

View in CVRReport a correction