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Finn Olsen A/S VVS

Public limited companyCVR 20638087HavdrupActive

Finn Olsen A/S VVS is a public limited company, based in Havdrup, active in plumbing, heat and air-conditioning installation, founded in 1997. Net profit fell 92% from 2024 to 2025, ending at DKK 13,272. With 17 employees, the company is about 3 times larger than the industry median. Gross profit is higher than that of 78% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 8.4m−3.5% vs. 2024
Net profitDKK 13,272−91.9% vs. 2024
EquityDKK 3.4m+0.4% vs. 2024
Employees17latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 3% (2024 → 2025), to DKK 8.4m.
  • Net profit fell 92% (2024 → 2025), to DKK 13,272.

Employees

  • 2 more employees than a year earlier: 17 (08/2026) against 15 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Plumbing, heat and air-conditioning installation (432200)

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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5m202020212022202320242025
EquityNet profit
Financial figures for Finn Olsen A/S VVS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit12,40111,0969,6809,2708,7168,412−3.5%
Operating profit (EBIT)––300543701378−46.1%
Profit before tax38694110623828624−91.7%
Net profit2925635034416413−91.9%
Total assets10,15813,41813,28912,49711,78912,221+3.7%
Equity2,5352,8082,8583,2013,3663,379+0.4%
Liabilities––10,4319,2958,4238,818+4.7%
Cash and cash equivalents1,00846811116316828−83.1%
Average number of employees02419171819+5.6%

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 12m202020212022202320242025
Gross profitMedian, the industry (1,357 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 Finn Olsen A/S VVS
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202502/02/2026The companyPDF not statedXBRL
202401/07/2023 – 30/06/202415/01/2025The companyPDFXBRL
202301/07/2022 – 30/06/202303/01/2024The companyPDFXBRL
202201/07/2021 – 30/06/202216/01/2023The companyPDFXBRL
202101/07/2020 – 30/06/202119/12/2021The companyPDFXBRL
202001/07/2019 – 30/06/202031/12/2020The 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
0246810121416182009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,357 companies in the database

Comparison with the other companies in plumbing, heat and air-conditioning installation based on the latest financial year.

Gross profitDKK 8.4mNo. 293 of 1,357
Better than 78% of the companies in the industry
EquityDKK 3.4mNo. 324 of 1,357
Better than 76% of the companies in the industry
Number of employees17No. 170 of 1,357
Better than 88% of the companies in the industry

Industry median: gross profit DKK 3.3m, net profit DKK 316k, equity DKK 1.3m, 5 employees.

DKK 100kDKK 805kDKK 6.5mDKK 52.2mDKK 209.5mHere
Distribution of gross profit for 1,334 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. 6,409of 69,742
Better than 91%
No. 18,019of 69,964
Better than 74%
Same industry and fewer than 20 employees1,152 companies in the comparison
No. 98of 1,152
Better than 92%
No. 165of 1,152
Better than 86%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 6,816of 24,791
Better than 73%
No. 11,705of 24,909
Better than 53%
All companies of type A/S18,025 companies in the comparison
No. 9,768of 17,786
Better than 45%
No. 12,927of 18,024
Better than 28%

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

Plumbing, heat and air-conditioning installation
Gross profit
  1. Finn Olsen A/S VVSDKK 8.4m
  2. Wicotec Kirkebjerg A/SDKK 419.7m
  3. Andersen & Heegaard A/SDKK 391.6m
Net profit
  1. Finn Olsen A/S VVSDKK 13,272
  2. Wicotec Kirkebjerg A/SDKK 115.1m
  3. Andersen & Heegaard A/SDKK 32.5m
Equity
  1. Finn Olsen A/S VVSDKK 3.4m
  2. Wicotec Kirkebjerg A/SDKK 494.9m
  3. Andersen & Heegaard A/SDKK 88.2m
Employees
  1. Finn Olsen A/S VVS17
  2. Wicotec Kirkebjerg A/S1,495
  3. Andersen & Heegaard A/S251

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
  • Herse Holding ApS100%
Finn Olsen A/S VVS

Management

4 active registrations

Executive management

Executive management at Finn Olsen A/S VVS
NameRoleAppointed
Henrik HerseDirector01/06/2005

Board of directors

Board of directors at Finn Olsen A/S VVS
NameRoleAppointed
Henrik HerseBoard member01/06/2005
Karina HerseBoard member01/06/2005
Tobias HerseBoard member15/11/2016
Founders
F.o. Finans A/S
Former management (6)
Former management at Finn Olsen A/S VVS
NameRoleAppointedResigned
Finn Jan OlsenBoard member17/11/199724/11/2011
Finn Jan OlsenDirector17/11/199701/06/2005
Anders Jan OlsenBoard member17/11/199722/11/2002
Grethe OlsenBoard member17/11/199701/06/2005
Jørgen Michael OlsenBoard member17/11/199701/06/2005
Flemming Gunner KristensenBoard member24/11/201115/11/2016

Signing rule:  Selskabet tegnes af den samlede bestyrelse eller af 2 medlemmer af bestyrelsen i forening eller af en direktør alene.

Address and production units

2 active production units

Salbjergvej 35
4622 Havdrup

Solrød Municipality · Postcode 4622

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
FINN OLSEN A/S VVSSalbjergvej 35, 4622 Havdrup141002630314
Flemming Olsen VVS ApSTåstruphøj 5, 4300 Holbæk81022951285

Purpose

Selskabets formål er at drive hadels-, håndværks- og industrivirksomhed og dermed i forbindelse stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

26 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20162 changesmanagement 2
  • Tobias Herse appointed board member
  • Flemming Gunner Kristensen stepped down as board member
20112 changesmanagement 2
  • Flemming Gunner Kristensen appointed board member
  • Finn Jan Olsen stepped down as board member
20081 changeindustry 1
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20057 changesmanagement 6 · ownership 1
  • Henrik Herse appointed director
  • Karina Herse appointed board member
  • Henrik Herse appointed board member
  • Finn Jan Olsen stepped down as director
  • Grethe Olsen stepped down as board member
  • Jørgen Michael Olsen stepped down as board member
  • HERSE HOLDING ApS registered as owner (100%)
20021 changemanagement 1
  • Anders Jan Olsen stepped down as board member
19976 changesfounded 1 · management 5
  • Registered as FINN OLSEN A/S VVS
  • Finn Jan Olsen appointed board member
  • Anders Jan Olsen appointed board member
  • Finn Jan Olsen appointed director
  • Grethe Olsen appointed board member
  • Jørgen Michael Olsen appointed board member

Related companies

Same industry in Solrød

See all →

Same people in management

Largest in the industry

See all →

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