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Cold A/S

Public limited companyCVR 36041285HirtshalsActive

Cold A/S is a public limited company, based in Hirtshals, active in manufacture of other technical and industrial textiles, founded in 2014. Net profit fell 55% from 2024 to 2025, ending at DKK 1.8m. Measured by gross profit, it ranks no. 5 of 38 companies in the industry in the database. Equity fell to DKK 4.3m in 2025.

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Key figures · financial year 2025

Gross profitDKK 16.3m−2.9% vs. 2024
Net profitDKK 1.8m−55.2% vs. 2024
EquityDKK 4.3m−22.2% vs. 2024
Employees15latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 3% (2024 → 2025), to DKK 16.3m.
  • Net profit fell 55% (2024 → 2025), to DKK 1.8m.
  • Equity fell 22% (2024 → 2025), to DKK 4.3m.

Employees

  • 3 fewer employees than a year earlier: 15 (07/2026) against 18 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of other technical and industrial textiles (139600)

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 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
EquityNet profit
Financial figures for Cold A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,0516,9668,2459,36316,83816,348−2.9%
Operating profit (EBIT)1,671––––––
Profit before tax–1,8693,7642,7365,5672,223−60.1%
Net profit1,1371,5093,1352,1283,9631,775−55.2%
Total assets11,96011,70112,48811,17514,99014,552−2.9%
Equity2,1003,6106,7446,6725,5084,283−22.2%
Liabilities9,8607,9765,6654,4338,4849,583+13%
Cash and cash equivalents201724212825−12.9%
Average number of employees131212141716−5.9%

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 2020, 2021, 2022, 2023, 2024, 2025: 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 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16m202020212022202320242025
Gross profitMedian, the industry (38 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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 Cold A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202509/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202421/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202302/02/2024The companyPDFXBRL
202201/01/2022 – 31/12/202212/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202111/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202024/02/2021The 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
0510152008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

38 companies in the database

Comparison with the other companies in manufacture of other technical and industrial textiles based on the latest financial year.

Gross profitDKK 16.3mNo. 5 of 38
Better than 89% of the companies in the industry
EquityDKK 4.3mNo. 14 of 38
Better than 65% of the companies in the industry
Number of employees15No. 8 of 38
Better than 81% of the companies in the industry

Industry median: gross profit DKK 3.8m, net profit DKK 180k, equity DKK 2.6m, 6 employees.

DKK 228kDKK 996kDKK 4.3mDKK 18.9mDKK 50.5mHere
Distribution of gross profit for 37 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 fewer than 20 employees69,967 companies in the comparison
No. 2,096of 69,742
Better than 97%
No. 15,660of 69,964
Better than 78%
Same industry and fewer than 20 employees33 companies in the comparison
No. 1of 33
Better than 100%
No. 9of 33
Better than 75%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 2,581of 33,579
Better than 92%
No. 6,776of 33,678
Better than 80%
All companies of type A/S18,025 companies in the comparison
No. 6,827of 17,786
Better than 62%
No. 12,106of 18,024
Better than 33%

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 other technical and industrial textiles
Gross profit
  1. Cold A/SDKK 16.3m
  2. Ke Fibertec A/SDKK 82.5m
  3. Isabella A/SDKK 48.4m
Net profit
  1. Cold A/SDKK 1.8m
  2. Ke Fibertec A/SDKK 21.6m
  3. Isabella A/SDKK 2.2m
Equity
  1. Cold A/SDKK 4.3m
  2. Ke Fibertec A/SDKK 65.6m
  3. Isabella A/SDKK 242.7m
Employees
  1. Cold A/S15
  2. Ke Fibertec A/S47
  3. Isabella A/S89

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
  • Michael Cold Holding ApS50%
  • Skovse Holding ApS50%
Cold A/S

Management

4 active registrations

Executive management

Executive management at Cold A/S
NameRoleAppointed
Michael ColdDirector09/02/2024

Board of directors

Board of directors at Cold A/S
NameRoleAppointed
Michael ColdBoard member30/06/2014
Søren Nørgaard SørensenChair of the board30/06/2014
Morten SkovsgaardBoard member09/02/2024
Auditor
Aros Statsautoriserede Revisorer I/S
Founders
Michael Cold
Former management (4)
Former management at Cold A/S
NameRoleAppointedResigned
Michael ColdDirector30/06/201409/09/2019
Heidi Fuglsang ColdBoard member30/06/201409/09/2019
Karl Christian Lemmergaard LundenBoard member09/09/201909/02/2024
Karl Christian Lemmergaard LundenDirector09/09/201909/02/2024

Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsesformanden, af 2 bestyrelsesmedlemmer i forening, hvoraf den ene skal være bestyrelsens formand, eller af den samlede bestyrelse.

Address and production units

1 active production units

Pastelvej 14
9850 Hirtshals

Hjørring Municipality · Postcode 9850

Production units
Production unitAddressEmployeesP number
COLD A/SPastelvej 14, 9850 Hirtshals131019547708

Purpose

Selskabets formål er produktion, udvikling, m.v. af kunststofmaterialer til industrien og anden dermed efter bestyrelsens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of other technical and industrial textiles (139600)
20249 changesmanagement 4 · ownership 4 · accounts 1
  • Michael Cold appointed director
  • Morten Skovsgaard appointed board member
  • Karl Christian Lemmergaard Lunden stepped down as board member
  • Karl Christian Lemmergaard Lunden stepped down as director
  • MICHAEL COLD HOLDING ApS registered as owner (50%)
  • Skovse Holding ApS registered as owner (50%)
  • KC Lunden Holding ApS is no longer registered as owner
  • MICHAEL COLD HOLDING ApS is no longer registered as owner
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20198 changescapital 1 · management 4 · ownership 3
  • Share capital changed from 500,000 DKK to 1,666,667 DKK
  • Karl Christian Lemmergaard Lunden appointed board member
  • Karl Christian Lemmergaard Lunden appointed director
  • Heidi Fuglsang Cold stepped down as board member
  • Michael Cold stepped down as director
  • MICHAEL COLD HOLDING ApS registered as owner (25%)
  • KC Lunden Holding ApS registered as owner (66.67%)
  • MICHAEL COLD HOLDING ApS is no longer registered as owner
20181 changeaddress 1
  • Moved to Pastelvej 14, 9850 Hirtshals
20146 changesfounded 1 · management 4 · ownership 1
  • Registered as COLD A/S
  • Michael Cold appointed board member
  • Heidi Fuglsang Cold appointed board member
  • Michael Cold appointed director
  • Søren Nørgaard Sørensen appointed chair of the board
  • MICHAEL COLD HOLDING ApS registered as owner (100%)

Related companies

Same industry in Hjørring

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Same people in management

Largest in the industry

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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