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Nørhalne VVS A/S

Public limited companyCVR 15382597VadumActive

Nørhalne VVS A/S is a public limited company, based in Vadum, active in plumbing, heat and air-conditioning installation, founded in 1991. Net profit fell 28% from 2024 to 2025, ending at DKK 9.1m. Operations are spread over 3 production units. With 60 employees, the company is about 12 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 55.9m−9.7% vs. 2024
Net profitDKK 9.1m−28% vs. 2024
EquityDKK 14.1m−20% vs. 2024
Employees60latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 10% (2024 → 2025), to DKK 55.9m.
  • Net profit fell 28% (2024 → 2025), to DKK 9.1m.
  • Equity fell 20% (2024 → 2025), to DKK 14.1m.

Employees

  • 1 more employees than a year earlier: 60 (08/2026) against 59 (08/2025).

Management and owners, last 24 months

  • New in management: Andreas Lars Erik Bogren (chair of the board, 22/12/2025), David Harald Olerup (board member, 22/12/2025) and Søren Sandholm Overgaard (board member, 01/09/2026) (+1).
  • Stepped down: Johnny Tygesen Nielsen (board member, 22/12/2025), Mogens Østergaard (board member, 22/12/2025) and Peter Fjeldgaard (board member, 22/12/2025) (+1).
  • New owners registered: Sertion Denmark ApS (18/12/2025).
  • No longer registered as owner: J. Nielsen Finans ApS (18/12/2025) and Åkærsminde Holding ApS (18/12/2025).

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
EquityNet profit
Financial figures for Nørhalne VVS A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit46,78142,55343,12953,65261,88155,855−9.7%
Operating profit (EBIT)11,7029,2387,51412,72016,42511,945−27.3%
Profit before tax11,2289,0077,32212,44316,12111,623−27.9%
Net profit8,7467,0195,7029,68512,5759,056−28%
Total assets32,76424,54927,05437,31444,69230,989−30.7%
Equity11,2469,51910,70214,68517,57514,056−20%
Liabilities19,85913,60714,91619,85623,67715,179−35.9%
Cash and cash equivalents8,251125835,40610,75410,681−0.7%
Average number of employees595555626558−10.8%

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 50mDKK 60m202020212022202320242025
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 Nørhalne VVS A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202428/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202221/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/05/2021The 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
01020304050607009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 55.9mNo. 20 of 1,357
Better than 99% of the companies in the industry
EquityDKK 14.1mNo. 50 of 1,357
Better than 96% of the companies in the industry
Number of employees60No. 32 of 1,357
Better than 98% 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. 1,575of 4,412
Better than 64%
No. 2,566of 4,466
Better than 43%
Same industry and 50–199 employees45 companies in the comparison
No. 14of 45
Better than 70%
No. 23of 45
Better than 50%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,367of 10,152
Better than 87%
No. 4,074of 10,275
Better than 60%
All companies of type A/S18,025 companies in the comparison
No. 2,641of 17,786
Better than 85%
No. 7,446of 18,024
Better than 59%

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. Nørhalne VVS A/SDKK 55.9m
  2. Wicotec Kirkebjerg A/SDKK 419.7m
  3. Andersen & Heegaard A/SDKK 391.6m
Net profit
  1. Nørhalne VVS A/SDKK 9.1m
  2. Wicotec Kirkebjerg A/SDKK 115.1m
  3. Andersen & Heegaard A/SDKK 32.5m
Equity
  1. Nørhalne VVS A/SDKK 14.1m
  2. Wicotec Kirkebjerg A/SDKK 494.9m
  3. Andersen & Heegaard A/SDKK 88.2m
Employees
  1. Nørhalne VVS A/S60
  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
  • Sertion Denmark ApS100%
Nørhalne VVS A/S

Management

4 active registrations

Executive management

Executive management at Nørhalne VVS A/S
NameRoleAppointed
Johnny Tygesen NielsenDirector13/04/2018

Board of directors

Board of directors at Nørhalne VVS A/S
NameRoleAppointed
Andreas Lars Erik BogrenChair of the board22/12/2025
David Harald OlerupBoard member22/12/2025
Søren Sandholm OvergaardBoard member01/09/2026
Founders
Johannes Tygesen Nielsen, Jesper Hyldgaard Nielsen, Bodil Hyldgaard Nielsen
Former management (8)
Former management at Nørhalne VVS A/S
NameRoleAppointedResigned
Johannes Tygesen NielsenBoard member28/06/199116/12/2020
Johannes Tygesen NielsenDirector28/06/199113/04/2018
Jesper Hyldgaard NielsenBoard member28/06/199107/05/2013
Bodil Hyldgaard NielsenBoard member28/06/199121/04/2016
Johnny Tygesen NielsenBoard member07/05/201322/12/2025
Mogens ØstergaardBoard member21/04/201622/12/2025
Peter FjeldgaardBoard member16/12/202022/12/2025
Elin RisbeckerBoard member22/12/202501/09/2026

Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af to bestyrelsesmedlemmer i forening.

Address and production units

3 active production units

Bygaden 11
9430 Vadum

Jammerbugt Municipality · Postcode 9430

Production units
Production unitAddressEmployeesP number
Nørhalne VVS A/S - LindholmAnders Mørchs Vej 4, 9400 Nørresundby271030563537
NØRHALNE VVS A/SBygaden 11, Nørhalne, 9430 Vadum201000913873
Nørhalne VVS A/S - Industri/FjernvarmeBakmøllevej 61, 9430 Vadum121030563618

Purpose

Selskabets formål er at drive vvs- og blikkenslagervirksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

41 registered events
20263 changesmanagement 2 · accounts 1
  • Søren Sandholm Overgaard appointed board member
  • Elin Risbecker stepped down as board member
  • Annual report for 2025 published
202511 changesmanagement 6 · ownership 3 · accounts 1 · industry 1
  • Elin Risbecker appointed board member
  • David Harald Olerup appointed board member
  • Andreas Lars Erik Bogren appointed chair of the board
  • Peter Fjeldgaard stepped down as board member
  • Mogens Østergaard stepped down as board member
  • Johnny Tygesen Nielsen stepped down as board member
  • Sertion Denmark ApS registered as owner (100%)
  • Åkærsminde Holding ApS is no longer registered as owner
  • J. Nielsen Finans ApS is no longer registered as owner
  • 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
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20202 changesmanagement 2
  • Peter Fjeldgaard appointed board member
  • Johannes Tygesen Nielsen stepped down as board member
20192 changesownership 2
  • Åkærsminde Holding ApS registered as owner (33.33%)
  • JTN HOLDING ApS is no longer registered as owner
20183 changesownership 1 · management 2
  • Åkærsminde Holding ApS is no longer registered as owner
  • Johnny Tygesen Nielsen appointed director
  • Johannes Tygesen Nielsen stepped down as director
20162 changesmanagement 2
  • Mogens Østergaard appointed board member
  • Bodil Hyldgaard Nielsen stepped down as board member
20153 changesownership 3
  • JTN HOLDING ApS registered as owner (25%)
  • Åkærsminde Holding ApS registered as owner (20%)
  • JTN HOLDING ApS is no longer registered as owner
20141 changeownership 1
  • J. Nielsen Finans ApS registered as owner (50%)
20132 changesmanagement 2
  • Johnny Tygesen Nielsen appointed board member
  • Jesper Hyldgaard Nielsen stepped down as board member
20081 changeindustry 1
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19916 changesfounded 1 · management 4 · ownership 1
  • Registered as NØRHALNE VVS A/S
  • Johannes Tygesen Nielsen appointed board member
  • Bodil Hyldgaard Nielsen appointed board member
  • Jesper Hyldgaard Nielsen appointed board member
  • Johannes Tygesen Nielsen appointed director
  • JTN HOLDING ApS registered as owner (33.33%)

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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