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EVAPCO Europe A/S

Public limited companyCVR 15911972AabybroActive

EVAPCO Europe A/S is a public limited company, based in Aabybro, active in manufacture of non-domestic cooling and ventilation equipment, founded in 1992. The company went from a profit in 2024 to a loss of DKK 3.7m in 2025. With 71 employees, the company is about 10 times larger than the industry median. Gross profit is higher than that of 84% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 30.8m−40.6% vs. 2024
Net profit−DKK 3.7m−144.1% vs. 2024
EquityDKK 72.5m−10.7% vs. 2024
Employees71latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 41% (2024 → 2025), to DKK 30.8m.
  • Net profit went from a profit of DKK 8.4m to a loss of DKK 3.7m (2024 → 2025).
  • Equity fell 11% (2024 → 2025), to DKK 72.5m.

Management and owners, last 24 months

  • New in management: Hervé Ciocca (board member, 02/06/2026).
  • Stepped down: Andrew Thomas Stockman (board member, 02/06/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)

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 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
EquityNet profit
Financial figures for EVAPCO Europe A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit27,35331,37231,70948,00751,96030,844−40.6%
Operating profit (EBIT)−1,9459671,12711,52510,741−4,478−141.7%
Profit before tax−2,0156041,03911,51510,838−4,727−143.6%
Net profit−2,0156041,03914,9438,445−3,725−144.1%
Total assets75,45373,76278,229107,14896,95889,103−8.1%
Equity66,18066,78367,82282,76581,21072,485−10.7%
Liabilities9,2736,97810,40724,38315,74816,617+5.5%
Cash and cash equivalents15,76712,9115,93527,83110,3489,664−6.6%
Average number of employees6460–687370−4.1%

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 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
Gross profitMedian, the industry (145 companies)

Annual reports

6 financial years
Annual reports for EVAPCO Europe A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202404/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202322/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202219/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202111/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202029/03/2021The 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
0102030405060708009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 30.8mNo. 24 of 145
Better than 84% of the companies in the industry
EquityDKK 72.5mNo. 14 of 145
Better than 91% of the companies in the industry
Number of employees71No. 20 of 145
Better than 87% 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. 2,726of 4,412
Better than 38%
No. 895of 4,466
Better than 80%
Same industry and 50–199 employees16 companies in the comparison
No. 13of 16
Better than 20%
No. 5of 16
Better than 73%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,101of 10,152
Better than 79%
No. 1,580of 10,275
Better than 85%
All companies of type A/S18,025 companies in the comparison
No. 4,314of 17,786
Better than 76%
No. 2,814of 18,024
Better than 84%

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. EVAPCO Europe A/SDKK 30.8m
  2. Johnson Controls Denmark ApSDKK 692.3m
  3. Skov A/s. GlyngøreDKK 593.2m
Net profit
  1. EVAPCO Europe A/S−DKK 3.7m
  2. Johnson Controls Denmark ApS−DKK 1.2m
  3. Skov A/s. GlyngøreDKK 194.3m
Equity
  1. EVAPCO Europe A/SDKK 72.5m
  2. Johnson Controls Denmark ApSDKK 1.3bn
  3. Skov A/s. GlyngøreDKK 507.5m
Employees
  1. EVAPCO Europe A/S71
  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
  • ApS Stake Nr. 1851100%
EVAPCO Europe A/S

Management

7 active registrations

Executive management

Executive management at EVAPCO Europe A/S
NameRoleAppointed
Peter Skov ValstedDirector01/05/2022

Board of directors

Board of directors at EVAPCO Europe A/S
NameRoleAppointed
William Glen BartleyChair of the board16/04/2009
Wilson Eli Bradley Jr.Board member16/04/2009
Jeffrey William FinchBoard member10/07/2017
Tina Lindkvist ChristensenBoard member16/10/2019
Johnny ChristiansenBoard member14/04/2021
Hervé CioccaBoard member02/06/2026
Founders
VX 10.312 ApS, Medimex ApS, ApS Kbil 9 Nr. 1008
Former management (31)
Former management at EVAPCO Europe A/S
NameRoleAppointedResigned
Hans Christian GalstBoard member01/05/199229/10/1992
Ulf Svejgaard PoulsenChair of the board01/05/199229/10/1992
Niels Dines BoysenDirector01/05/199201/01/1993
Per Emil Hasselbalch StakemannBoard member01/05/199229/10/1992
Per Emil Hasselbalch StakemannDirector01/05/199229/10/1992
Per BundgaardDirector01/01/199301/11/1993
Finn SørensenBoard member18/04/199431/01/1997
Bent JørgensenCEO08/12/199419/10/1998
Johannes Tygesen NielsenBoard member31/01/199729/02/2000
Finn ThygeDirector19/10/199801/12/2011
Børge JensenBoard member25/02/199907/03/2012
Per Viggo JacobsenBoard member25/02/199906/04/2021
Poul Østergaard PedersenBoard member29/02/200016/01/2003
Poul Verner LetortBoard member16/01/200314/03/2006
Jørgen Kirkegaard KimøChair of the board18/01/200514/03/2006
Niels Dines BoysenBoard member14/03/200603/04/2006
Bent JørgensenChair of the board14/03/200616/04/2009
Finn ThygeBoard member14/03/200607/03/2012
Mogens Tofte KochBoard member03/04/200616/04/2009
Harold Walter WalshBoard member16/04/200923/10/2013
Thomas Jerome Byrne JrCEO01/12/201130/09/2016
Martin John EngelbrechtsenBoard member07/03/201206/07/2017
Tina Lindkvist ChristensenDeputy board member07/03/201215/10/2019
Carina Thyge StærmoseDeputy board member07/03/201205/07/2017
Thomas Jerome Byrne JrBoard member07/03/201209/11/2016
Adam Patrick MichelBoard member23/10/201306/07/2017
Andrew Thomas StockmanCEO01/10/201610/07/2017
Andrew Thomas StockmanBoard member09/11/201602/06/2026
Carina Thyge StærmoseBoard member06/07/201716/10/2019
Mona Damgård NielsenDeputy board member06/07/201714/04/2021
Alexander John EisoldDirector10/07/201701/05/2022

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

Address and production units

1 active production units

Knøsgårdvej 115
9440 Aabybro

Jammerbugt Municipality · Postcode 9440

Production units
Production unitAddressEmployeesP number
EVAPCO Europe A/SKnøsgårdvej 115, 9440 Aabybro711000999453

Purpose

Selskabets formål er produktion og salg af varmevekslere.

The purpose is quoted from the register in Danish.

Changes year by year

93 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Hervé Ciocca appointed board member
  • Andrew Thomas Stockman stepped down as board member
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changesmanagement 2 · accounts 1
  • Peter Skov Valsted appointed director
  • Alexander John Eisold stepped down as director
  • Annual report for 2021 published
20215 changesname 1 · management 3 · accounts 1
  • Name changed from EVAPCO Air Solutions a/s to EVAPCO Europe A/S
  • Johnny Christiansen appointed board member
  • Mona Damgård Nielsen stepped down as deputy board member
  • Per Viggo Jacobsen stepped down as board member
  • Annual report for 2020 published
20201 changeaddress 1
  • Moved to Knøsgårdvej 115, 9440 Aabybro
20194 changesmanagement 3 · ownership 1
  • Tina Lindkvist Christensen appointed board member
  • Carina Thyge Stærmose stepped down as board member
  • Tina Lindkvist Christensen stepped down as deputy board member
  • EVAPCO HOLDINGS ApS is no longer registered as owner
20182 changesownership 1 · capital 1
  • ApS STAKE NR. 1851 registered as owner (100%)
  • Share capital changed from 3,700,000 DKK to 3,800,000 DKK
20179 changescapital 1 · management 8
  • Share capital changed from 3,600,000 DKK to 3,700,000 DKK
  • Alexander John Eisold appointed director
  • Jeffrey William Finch appointed board member
  • Andrew Thomas Stockman stepped down as ceo
  • Carina Thyge Stærmose appointed board member
  • Mona Damgård Nielsen appointed deputy board member
  • Adam Patrick Michel stepped down as board member
  • Martin John Engelbrechtsen stepped down as board member
  • Carina Thyge Stærmose stepped down as deputy board member
20168 changescapital 1 · management 4 · ownership 2 · name 1
  • Share capital changed from 3,500,000 DKK to 3,600,000 DKK
  • Andrew Thomas Stockman appointed board member
  • Thomas Jerome Byrne Jr stepped down as board member
  • Andrew Thomas Stockman appointed ceo
  • Thomas Jerome Byrne Jr stepped down as ceo
  • EVAPCO HOLDINGS ApS registered as owner (90%)
  • EVAPCO HOLDINGS ApS is no longer registered as owner
  • Name changed from FLEX COIL A/S to EVAPCO Air Solutions a/s
20132 changesmanagement 2
  • Adam Patrick Michel appointed board member
  • Harold Walter Walsh stepped down as board member
20126 changesmanagement 6
  • Martin John Engelbrechtsen appointed board member
  • Thomas Jerome Byrne Jr appointed board member
  • Carina Thyge Stærmose appointed deputy board member
  • Tina Lindkvist Christensen appointed deputy board member
  • Finn Thyge stepped down as board member
  • Børge Jensen stepped down as board member
20112 changesmanagement 2
  • Thomas Jerome Byrne Jr appointed ceo
  • Finn Thyge stepped down as director
20096 changesmanagement 5 · ownership 1
  • Harold Walter Walsh appointed board member
  • William Glen Bartley appointed chair of the board
  • Wilson Eli Bradley Jr. appointed board member
  • Mogens Tofte Koch stepped down as board member
  • Bent Jørgensen stepped down as chair of the board
  • EVAPCO HOLDINGS ApS registered as owner (100%)
20081 changeindustry 1
  • Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
20068 changesmanagement 7 · industry 1
  • Mogens Tofte Koch appointed board member
  • Niels Dines Boysen stepped down as board member
  • Bent Jørgensen appointed chair of the board
  • Niels Dines Boysen appointed board member
  • Finn Thyge appointed board member
  • Jørgen Kirkegaard Kimø stepped down as chair of the board
  • Poul Verner Letort stepped down as board member
  • Industry changed to Fremstilling af ventilations- og klimaanlæg til erhvervsmæssigt brug (292320)
20051 changemanagement 1
  • Jørgen Kirkegaard Kimø appointed chair of the board
20032 changesmanagement 2
  • Poul Verner Letort appointed board member
  • Poul Østergaard Pedersen stepped down as board member
20002 changesmanagement 2
  • Poul Østergaard Pedersen appointed board member
  • Johannes Tygesen Nielsen stepped down as board member
19992 changesmanagement 2
  • Per Viggo Jacobsen appointed board member
  • Børge Jensen appointed board member
19982 changesmanagement 2
  • Finn Thyge appointed director
  • Bent Jørgensen stepped down as ceo
19973 changescapital 1 · management 2
  • Share capital changed from 2,214,286 DKK to 3,500,000 DKK
  • Johannes Tygesen Nielsen appointed board member
  • Finn Sørensen stepped down as board member
19942 changesmanagement 2
  • Bent Jørgensen appointed ceo
  • Finn Sørensen appointed board member
19933 changesmanagement 3
  • Per Bundgaard stepped down as director
  • Per Bundgaard appointed director
  • Niels Dines Boysen stepped down as director
199212 changesname 1 · capital 1 · management 9 · founded 1
  • Name changed from A/S PSE NR. 4646 to FLEX COIL A/S
  • Share capital changed from 500,000 DKK to 2,214,286 DKK
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Hans Christian Galst stepped down as board member
  • Ulf Svejgaard Poulsen stepped down as chair of the board
  • Registered as A/S PSE NR. 4646
  • Per Emil Hasselbalch Stakemann appointed director
  • Per Emil Hasselbalch Stakemann appointed board member
  • Hans Christian Galst appointed board member
  • Niels Dines Boysen appointed director
  • Ulf Svejgaard Poulsen appointed chair of the board

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