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ThermoNova A/S

Public limited companyCVR 38132369AarsActive

ThermoNova A/S is a public limited company, based in Aars, active in wholesale of hardware, heating equipment and supplies, founded in 2016. After a loss in 2024, the company made a profit of DKK 3.8m in 2025. With 30 employees, the company is about 4 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 20.7m+82.4% vs. 2024
Net profitDKK 3.8m+425.1% vs. 2024
EquityDKK 74.2m+5.4% vs. 2024
Employees30latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 82% (2024 → 2025), to DKK 20.7m.
  • Net profit went from a loss of DKK 1.2m to a profit of DKK 3.8m (2024 → 2025).
  • Equity rose 5% (2024 → 2025), to DKK 74.2m.

Employees

  • 7 more employees than a year earlier: 30 (07/2026) against 23 (07/2025).

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 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
EquityNet profit
Financial figures for ThermoNova A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,64314,44524,14919,45911,36720,733+82.4%
Operating profit (EBIT)4,36410,50318,6797,341−3,4444,111+219.4%
Profit before tax4,28510,38818,6047,318−1,4844,849+426.8%
Net profit3,3368,09514,5055,696−1,1623,776+425.1%
Total assets13,44220,37039,38586,10279,61684,169+5.7%
Equity6,07712,17222,67673,37270,38174,157+5.4%
Liabilities6,1806,82215,32711,2537,9839,058+13.5%
Cash and cash equivalents5,3813,4575,20150,37240,91552,421+28.1%
Average number of employees669192223+4.5%

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 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
Gross profitMedian, the industry (219 companies)

Annual reports

6 financial years
Annual reports for ThermoNova A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202516/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202216/01/2023The companyPDFXBRL
202101/01/2021 – 31/12/202126/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202024/06/2021The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

219 companies in the database

Comparison with the other companies in wholesale of hardware, heating equipment and supplies based on the latest financial year.

Gross profitDKK 20.7mNo. 48 of 217
Better than 78% of the companies in the industry
EquityDKK 74.2mNo. 15 of 219
Better than 94% of the companies in the industry
Number of employees30No. 41 of 219
Better than 82% of the companies in the industry

Industry median: gross profit DKK 6.9m, net profit DKK 840k, equity DKK 6.4m, 8 employees.

DKK 154kDKK 1.4mDKK 12.4mDKK 111.2mDKK 480.2mHere
Distribution of gross profit for 208 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 20–49 employees9,922 companies in the comparison
No. 2,691of 9,892
Better than 73%
No. 482of 9,922
Better than 95%
Same industry and 20–49 employees31 companies in the comparison
No. 21of 31
Better than 33%
No. 3of 31
Better than 93%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,942of 33,588
Better than 94%
No. 882of 33,687
Better than 97%
All companies of type A/S18,025 companies in the comparison
No. 5,777of 17,786
Better than 68%
No. 2,775of 18,024
Better than 85%

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

Wholesale of hardware, heating equipment and supplies
Gross profit
  1. ThermoNova A/SDKK 20.7m
  2. Saint-gobain Distribution Denmark A/SDKK 997.9m
  3. Ahlsell Danmark A/SDKK 730.1m
Net profit
  1. ThermoNova A/SDKK 3.8m
  2. Saint-gobain Distribution Denmark A/SDKK 4.7m
  3. Ahlsell Danmark A/S−DKK 26.6m
Equity
  1. ThermoNova A/SDKK 74.2m
  2. Saint-gobain Distribution Denmark A/SDKK 399.2m
  3. Ahlsell Danmark A/SDKK 611m
Employees
  1. ThermoNova A/S30
  2. Saint-gobain Distribution Denmark A/S822
  3. Ahlsell Danmark A/S764

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
  • Solar A/S50%
  • Mads Hougaard Holding ApS20%
  • Steen Fristrup Holding ApS20%
ThermoNova A/S

Management

5 active registrations

Executive management

Executive management at ThermoNova A/S
NameRoleAppointed
Mads HougaardDirector25/10/2016

Board of directors

Board of directors at ThermoNova A/S
NameRoleAppointed
Mads HougaardBoard member14/04/2020
Steen FristrupBoard member14/04/2020
Christian JørgensenChair of the board15/08/2024
Claus Jakob SejrBoard member15/08/2024
Founders
Mads Hougaard Holding ApS, Steen Fristrup Holding ApS
Former management (5)
Former management at ThermoNova A/S
NameRoleAppointedResigned
Steen FristrupDirector25/10/201614/04/2020
Henning PallesenChair of the board14/04/202001/03/2023
Hugo DorphChair of the board01/03/202311/01/2024
Dennis JeppesenBoard member01/03/202315/08/2024
Jens Ellegaard AndersenChair of the board11/01/202415/08/2024

Signing rule: Selskabet tegnes af en direktør alene.

Address and production units

1 active production units

Nordvestvej 4
9600 Aars

Vesthimmerlands Municipality · Postcode 9600

Production units
Production unitAddressEmployeesP number
ThermoNova A/SNordvestvej 4, 9600 Aars321021867825

Purpose

Selskabets formål er at drive handel og dermed beslægtet virksomhed i et nyetableret driftsselskab.

The purpose is quoted from the register in Danish.

Changes year by year

39 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20247 changesmanagement 6 · accounts 1
  • Claus Jakob Sejr appointed board member
  • Christian Jørgensen appointed chair of the board
  • Jens Ellegaard Andersen stepped down as chair of the board
  • Dennis Jeppesen stepped down as board member
  • Annual report for 2023 published
  • Jens Ellegaard Andersen appointed chair of the board
  • Hugo Dorph stepped down as chair of the board
202315 changesaddress 1 · capital 1 · management 3 · ownership 9 · accounts 1
  • Moved to Nordvestvej 4, 9600 Aars
  • Share capital changed from 400,000 DKK to 468,687 DKK
  • Hugo Dorph appointed chair of the board
  • Dennis Jeppesen appointed board member
  • Henning Pallesen stepped down as chair of the board
  • Mads Hougaard registered as owner (20%)
  • Mads Hougaard is no longer registered as owner
  • MADS HOUGAARD HOLDING ApS registered as owner (20%)
  • STEEN FRISTRUP HOLDING ApS registered as owner (20%)
  • Steen Fristrup registered as owner (20%)
  • Steen Fristrup is no longer registered as owner
  • SOLAR A/S registered as owner (50%)
  • STEEN FRISTRUP HOLDING ApS is no longer registered as owner
  • MADS HOUGAARD HOLDING ApS is no longer registered as owner
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20207 changesaddress 1 · name 1 · capital 1 · management 4
  • Moved to Ejdrupvej 46, Ejdrup, 9240 Nibe
  • Name changed from ThermoNova ApS to ThermoNova A/S
  • Share capital changed from 50,000 DKK to 400,000 DKK
  • Mads Hougaard appointed board member
  • Henning Pallesen appointed chair of the board
  • Steen Fristrup appointed board member
  • Steen Fristrup stepped down as director
20171 changename 1
  • Name changed from SFMH ApS to ThermoNova ApS
20165 changesfounded 1 · management 2 · ownership 2
  • Registered as SFMH ApS
  • Mads Hougaard appointed director
  • Steen Fristrup appointed director
  • STEEN FRISTRUP HOLDING ApS registered as owner (50%)
  • MADS HOUGAARD HOLDING ApS registered as owner (50%)

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

View in CVRReport a correction