Boilerworks A/S

Public limited companyCVR 35226788HerningActive

Boilerworks A/S is a public limited company, based in Herning, active in manufacture of central heating radiators and boilers, founded in 2013. Equity was negative at the end of 2026 (−DKK 5.6m). The company made a loss in both 2025 and 2026, most recently DKK 341k.

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Key figures · financial year 2026

Gross profitDKK 0−100% vs. 2025
Net profit−DKK 341k−5.9% vs. 2025
Equity−DKK 5.6m−6.4% vs. 2025
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 100% (2025 → 2026), to DKK 0.
  • The loss grew: from DKK 322k to DKK 341k (2025 → 2026).

Employees

  • 21 fewer employees than a year earlier: 4 (01/2022) against 25 (01/2021).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of central heating radiators and boilers (252100)

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 2021–2026 · amounts in DKK thousand

Equity and net profit

−DKK 8m−DKK 7m−DKK 6m−DKK 5m−DKK 4m−DKK 3m−DKK 2m−DKK 1mDKK 0202120222023202420252026
EquityNet profit
Financial figures for Boilerworks A/S
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,660592−41−16810−100%
Operating profit (EBIT)−9,449−673−41−266−131−175−33.6%
Profit before tax−9,361−950−219−596−414−417−0.7%
Net profit−7,719−342−169−465−322−341−5.9%
Total assets16,6679,1255,3673,3862,75293−96.6%
Equity−3,964−4,349−4,518−4,983−5,305−5,646−6.4%
Liabilities17,66013,0429,4538,3698,0575,739−28.8%
Cash and cash equivalents1,065154165733917−56.4%
Average number of employees200––00–

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2021, 2022, 2023, 2024, 2025, 2026: smaller companies may omit it, and we do not derive it from other figures.

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

−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202120222023202420252026
Gross profitMedian, the industry (9 companies)

Signals from the financial statements

calculated from the 2026 figures
  • Negative equity

    Equity was −DKK 5.6m at the end of 2026.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 6 years in a row

    Net result has been negative in 2021–2026.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Boilerworks A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202625/09/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202515/07/2025The companyPDF not statedXBRL
202401/04/2023 – 31/03/202404/07/2024The companyPDFXBRL
202301/04/2022 – 31/03/202312/07/2023The companyPDFXBRL
202201/04/2021 – 31/03/202222/06/2022The companyPDFXBRL
202101/04/2020 – 31/03/202101/06/2021The companyPDFXBRL

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
01020304050607010/1911/1912/1901/2002/2003/2004/2005/2006/2007/2008/2009/2010/2011/2012/2001/2102/2103/2104/2105/2106/2107/2108/2109/2110/2111/2112/2101/22
Employees

Position in the industry

9 companies in the database

Comparison with the other companies in manufacture of central heating radiators and boilers based on the latest financial year.

Gross profitDKK 0No. 6 of 9
Better than 38% of the companies in the industry
Equity−DKK 5.6mNo. 8 of 9
Better than 13% of the companies in the industry
Number of employees4No. 7 of 9
Better than 25% of the companies in the industry

Industry median: gross profit DKK 5.7m, net profit DKK 668k, equity DKK 2.7m, 4 employees.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 62,791of 69,742
Better than 10%
No. 69,258of 69,964
Better than 1%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 30,995of 33,588
Better than 8%
No. 33,131of 33,687
Better than 2%
All companies of type A/S18,025 companies in the comparison
No. 16,577of 17,786
Better than 7%
No. 17,704of 18,024
Better than 2%

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 central heating radiators and boilers
Gross profit
  1. Boilerworks A/SDKK 0
  2. Alfa Laval Aalborg A/SDKK 302.6m
  3. Skandinavisk Industrimontage A/SDKK 15.9m
Net profit
  1. Boilerworks A/S−DKK 341k
  2. Alfa Laval Aalborg A/S−DKK 93.1m
  3. Skandinavisk Industrimontage A/SDKK 4.7m
Equity
  1. Boilerworks A/S−DKK 5.6m
  2. Alfa Laval Aalborg A/SDKK 1.1bn
  3. Skandinavisk Industrimontage A/SDKK 25.3m

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
  • Thermax Denmark ApS100%
Boilerworks A/S

Management

4 active registrations

Executive management

Executive management at Boilerworks A/S
NameRoleAppointed
Peter OvergaardDirector20/08/2019

Board of directors

Board of directors at Boilerworks A/S
NameRoleAppointed
Peter OvergaardBoard member12/06/2020
Mahesh Channakeshaviah BukinkereChair of the board10/06/2022
Swapnil Vitthal DhumaneDeputy chair21/09/2022
Founders
Danstoker A/S
Former management (8)
Former management at Boilerworks A/S
NameRoleAppointedResigned
Jan EnemarkBoard member12/04/201320/08/2019
Jan EnemarkDirector12/04/201320/08/2019
Kalimili ChakravarthyDeputy chair12/04/201315/10/2014
Hemant Prabhakar MohgaonkarChair of the board12/04/201329/07/2019
Amitabha MukhopadhyayDeputy chair15/10/201429/07/2019
Rajendran ArunachalamDeputy chair29/07/201921/09/2022
Rakesh Rampratap TripathiChair of the board29/07/201901/10/2021
Bill Jayesh ShuklaChair of the board01/10/202110/06/2022

Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med næstformanden eller af bestyrelsesformanden eller næstformanden i forening med en direktør.

Address and production units

1 active production units

Industrivej Nord 13
7400 Herning

Herning Municipality · Postcode 7400

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
BOILERWORKS A/SIndustrivej Nord 13, Birk, 7400 Herning41025018105

Purpose

Selskabets formål er at er i ind- og udland at drive fabrikation og handel og anden virksomhed, som passende kan forbindes hermed, alt på den måde og i den udstrækning, bestyrelsen måtte finde det rigtigt og stemmende med selskabets tarv.

The purpose is quoted from the register in Danish.

Changes year by year

38 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2025 published
  • Industry changed to Manufacture of central heating radiators and boilers (252100)
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20227 changesmanagement 4 · accounts 1 · address 2
  • Swapnil Vitthal Dhumane appointed deputy chair
  • Rajendran Arunachalam stepped down as deputy chair
  • Annual report for 2022 published
  • Mahesh Channakeshaviah Bukinkere appointed chair of the board
  • Bill Jayesh Shukla stepped down as chair of the board
  • Moved to Industrivej Nord 13, Birk, 7400 Herning
  • Moved to Industrivej Nord 13, Birk, 7400 Herning
20215 changesmanagement 2 · accounts 1 · address 2
  • Bill Jayesh Shukla appointed chair of the board
  • Rakesh Rampratap Tripathi stepped down as chair of the board
  • Annual report for 2021 published
  • Moved to Industrivej Nord 13, Birk, 7400 Herning
  • Moved to Nordager 19, 6000 Kolding
20203 changesmanagement 1 · ownership 2
  • Peter Overgaard appointed board member
  • THERMAX DENMARK ApS registered as owner (100%)
  • DANSTOKER A/S is no longer registered as owner
20198 changesaddress 1 · management 7
  • Moved to Nordager 19, 6000 Kolding
  • Peter Overgaard appointed director
  • Jan Enemark stepped down as board member
  • Jan Enemark stepped down as director
  • Rakesh Rampratap Tripathi appointed chair of the board
  • Rajendran Arunachalam appointed deputy chair
  • Amitabha Mukhopadhyay stepped down as deputy chair
  • Hemant Prabhakar Mohgaonkar stepped down as chair of the board
20143 changesmanagement 2 · industry 1
  • Amitabha Mukhopadhyay appointed deputy chair
  • Kalimili Chakravarthy stepped down as deputy chair
  • Industry changed to Manufacture of weapons and ammunition (253000)
20137 changesindustry 1 · founded 1 · management 4 · ownership 1
  • Industry changed to Manufacture of central heating radiators and boilers (252100)
  • Registered as BOILERWORKS A/S
  • Jan Enemark appointed board member
  • Hemant Prabhakar Mohgaonkar appointed chair of the board
  • Kalimili Chakravarthy appointed deputy chair
  • Jan Enemark appointed director
  • DANSTOKER A/S registered as owner (100%)

Related companies

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 24/10/2026.

View in CVRReport a correction