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Gunnar Kristensen VVS A/S

Public limited companyCVR 10270278HerningActive

Gunnar Kristensen VVS A/S is a public limited company, based in Herning, active in plumbing, heat and air-conditioning installation, founded in 1986. Net profit rose 69% from 2019 to 2025, ending at DKK 18m. Measured by gross profit, it ranks no. 6 of 1,357 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

Gross profitDKK 110.3m+493% vs. 2019
Net profitDKK 18m+69.3% vs. 2019
EquityDKK 29.1m+103.2% vs. 2019
Employees141latest month from CVR

What has changed

calculated from recorded figures and dates

Employees

  • 16 more employees than a year earlier: 141 (08/2026) against 125 (08/2025).

Management and owners, last 24 months

  • New in management: Henrik Thuesen Rasmussen (board member, 02/10/2025), Peter Frandsen (chair of the board, 02/10/2025) and Henrik Erland Clausen (board member, 01/03/2026) (+1).
  • Stepped down: Frank Pedersen (board member, 02/10/2025), Jens Kristian Olesen (board member, 02/10/2025) and Jan Elsborg Iversen (board member, 02/10/2025) (+4).
  • New owners registered: InstallatørGruppen Danmark ApS (02/10/2025).
  • No longer registered as owner: J.e.i. Invest ApS (02/10/2025), M.T. Herning Invest ApS (02/10/2025) and B.V.L. Invest ApS (02/10/2025).

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 2015–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m201520162017201820192025
EquityNet profit
Financial figures for Gunnar Kristensen VVS A/S
201520162017201820192025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit13,32715,11012,74216,38418,596110,269+493%
Operating profit (EBIT)10,13611,1889,27012,87413,92022,425+61.1%
Profit before tax9,98011,0319,10112,68413,64423,028+68.8%
Net profit7,6988,5917,0859,87610,62817,993+69.3%
Total assets32,98538,99634,12050,23057,03563,764+11.8%
Equity11,36912,26010,74513,54114,29929,056+103.2%
Liabilities20,47524,42421,898–40,00724,299−39.3%
Cash and cash equivalents11,83613,6606,2032,71411,3777,746−31.9%
Average number of employees5559596975111+48%

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 2015, 2016, 2017, 2018, 2019, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022, 2023, 2024 (changed financial year or not filed).

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m201520162017201820192025
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 2016–2025.

    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 Gunnar Kristensen VVS A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202503/03/2026The companyPDF not statedXBRL
201901/01/2019 – 31/12/201922/06/2020The companyPDFXBRL
201801/01/2018 – 31/12/201829/05/2019The companyPDFXBRL
201701/01/2017 – 31/12/201701/06/2018The companyPDFXBRL
201601/01/2016 – 31/12/201602/05/2017The companyPDFXBRL
201501/01/2015 – 31/12/201511/04/2016The 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
02040608010012014009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 110.3mNo. 6 of 1,357
Better than 100% of the companies in the industry
EquityDKK 29.1mNo. 18 of 1,357
Better than 99% of the companies in the industry
Number of employees141No. 11 of 1,357
Better than 99% 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 50–199 employees4,467 companies in the comparison
No. 546of 4,412
Better than 88%
No. 1,778of 4,466
Better than 60%
Same industry and 50–199 employees45 companies in the comparison
No. 1of 45
Better than 100%
No. 9of 45
Better than 82%
Companies that are at least 30 years old10,276 companies in the comparison
No. 775of 10,152
Better than 92%
No. 2,802of 10,275
Better than 73%
All companies of type A/S18,025 companies in the comparison
No. 1,432of 17,786
Better than 92%
No. 5,008of 18,024
Better than 72%

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. Gunnar Kristensen VVS A/SDKK 110.3m
  2. Wicotec Kirkebjerg A/SDKK 419.7m
  3. Andersen & Heegaard A/SDKK 391.6m
Net profit
  1. Gunnar Kristensen VVS A/SDKK 18m
  2. Wicotec Kirkebjerg A/SDKK 115.1m
  3. Andersen & Heegaard A/SDKK 32.5m
Equity
  1. Gunnar Kristensen VVS A/SDKK 29.1m
  2. Wicotec Kirkebjerg A/SDKK 494.9m
  3. Andersen & Heegaard A/SDKK 88.2m
Employees
  1. Gunnar Kristensen VVS A/S141
  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
Gunnar Kristensen VVS A/S

Management

4 active registrations

Executive management

Executive management at Gunnar Kristensen VVS A/S
NameRoleAppointed
Jan Elsborg IversenDirector01/01/2021

Board of directors

Board of directors at Gunnar Kristensen VVS A/S
NameRoleAppointed
Henrik Thuesen RasmussenBoard member02/10/2025
Peter FrandsenChair of the board02/10/2025
Henrik Erland ClausenBoard member01/03/2026
Founders
Bruno Schmidt Madsen, Frank Pedersen, Jens Kristian Olesen
Former management (11)
Former management at Gunnar Kristensen VVS A/S
NameRoleAppointedResigned
Bruno Schmidt MadsenBoard member02/07/198608/05/1990
Jørgen Quade AndersenBoard member02/07/198603/06/2013
Frank PedersenBoard member02/07/198602/10/2025
Frank PedersenDirector02/07/198603/06/2013
Jens Kristian OlesenBoard member02/07/198602/10/2025
Jens Kristian OlesenDirector03/06/201301/01/2021
Jan Elsborg IversenBoard member03/06/201302/10/2025
Christian ØstergaardChair of the board03/06/201302/10/2025
Morten Mølgaard ThomsenBoard member22/06/202102/10/2025
Bjarne Vang LauridsenBoard member22/06/202102/10/2025
Torben JessenBoard member02/10/202501/03/2026

Signing rule: Selskabet tegnes af én direktør i forening med bestyrelsesformanden, bestyrelsesformanden i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Orebygårdvej 13
7400 Herning

Herning Municipality · Postcode 7400

Other companies at the address (1)

  • Konfair A/SManufacture of other technical and industrial textiles
Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
GUNNAR KRISTENSEN VVS A/SOrebygårdvej 13, Tjørring, 7400 Herning1411000047099

Purpose

Selskabets formål er at drive installationsvirksomhed inden for vand-, varme- og sanitetsbranchen samt i forbindelse hermed stående virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

50 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Henrik Erland Clausen appointed board member
  • Torben Jessen stepped down as board member
202514 changesmanagement 9 · ownership 4 · industry 1
  • Henrik Thuesen Rasmussen appointed board member
  • Torben Jessen appointed board member
  • Peter Frandsen appointed chair of the board
  • Bjarne Vang Lauridsen stepped down as board member
  • Morten Mølgaard Thomsen stepped down as board member
  • Christian Østergaard stepped down as chair of the board
  • Jan Elsborg Iversen stepped down as board member
  • Jens Kristian Olesen stepped down as board member
  • Frank Pedersen stepped down as board member
  • InstallatørGruppen Danmark ApS registered as owner (100%)
  • B.V.L. Invest ApS is no longer registered as owner
  • M.T. Herning Invest ApS is no longer registered as owner
  • J.E.I. INVEST ApS is no longer registered as owner
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20218 changesownership 4 · management 4
  • B.V.L. Invest ApS registered as owner (25%)
  • M.T. Herning Invest ApS registered as owner (25%)
  • J.K.O. INVEST ApS is no longer registered as owner
  • M.T.B.V.L. Invest ApS is no longer registered as owner
  • Bjarne Vang Lauridsen appointed board member
  • Morten Mølgaard Thomsen appointed board member
  • Jan Elsborg Iversen appointed director
  • Jens Kristian Olesen stepped down as director
20201 changeaccounts 1
  • Annual report for 2019 published
20191 changeaccounts 1
  • Annual report for 2018 published
20184 changesownership 3 · accounts 1
  • M.T.B.V.L. Invest ApS registered as owner (25%)
  • J.K.O. INVEST ApS registered as owner (25%)
  • Annual report for 2017 published
  • J.K.O. INVEST ApS is no longer registered as owner
20171 changeaccounts 1
  • Annual report for 2016 published
20161 changeaccounts 1
  • Annual report for 2015 published
20136 changesmanagement 5 · ownership 1
  • Christian Østergaard appointed chair of the board
  • Jens Kristian Olesen appointed director
  • Jan Elsborg Iversen appointed board member
  • Frank Pedersen stepped down as director
  • Jørgen Quade Andersen stepped down as board member
  • J.E.I. INVEST ApS registered as owner (50%)
20081 changeindustry 1
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20061 changeaddress 1
  • Moved to Orebygårdvej 13, Tjørring, 7400 Herning
20041 changeownership 1
  • J.K.O. INVEST ApS registered as owner (50%)
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19901 changemanagement 1
  • Bruno Schmidt Madsen stepped down as board member
19866 changesfounded 1 · management 5
  • Registered as GUNNAR KRISTENSEN VVS A/S
  • Bruno Schmidt Madsen appointed board member
  • Jens Kristian Olesen appointed board member
  • Frank Pedersen appointed director
  • Frank Pedersen appointed board member
  • Jørgen Quade Andersen appointed board member

Related companies

Same industry in Herning

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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 23/10/2026.

View in CVRReport a correction