Vam A/S
Public limited companyCVR 13760381AuningActive
Vam A/S is a public limited company, based in Auning, active in construction of utility projects for fluids, founded in 1989. Net profit fell 16% from 2024 to 2025, ending at DKK 5.2m. Measured by gross profit, it ranks no. 9 of 304 companies in the industry in the database. Operations are spread over 4 production units in 4 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 4% (2024 → 2025), to DKK 97.9m.
- Revenue fell 9% (2024 → 2025), to DKK 237.9m.
- Net profit fell 16% (2024 → 2025), to DKK 5.2m.
- Equity rose 7% (2024 → 2025), to DKK 50.3m.
Employees
- 7 more employees than a year earlier: 153 (08/2026) against 146 (08/2025).
Management and owners, last 24 months
- New in management: Ole Frederik Lundis (chair of the board, 06/03/2026).
- Stepped down: Thomas Villum Folmann (chair of the board, 06/03/2026).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 271,815 | 293,478 | 282,355 | 247,294 | 261,269 | 237,879 | −9% |
| Gross profit | 101,551 | 99,782 | 102,193 | 105,288 | 101,720 | 97,887 | −3.8% |
| Operating profit (EBIT) | 5,064 | 2,553 | 70 | 9,692 | 7,356 | 6,489 | −11.8% |
| Profit before tax | 5,037 | 2,704 | 264 | 9,930 | 7,881 | 6,654 | −15.6% |
| Net profit | 3,917 | 2,155 | 307 | 7,755 | 6,142 | 5,181 | −15.6% |
| Total assets | 111,963 | 126,290 | 104,157 | 96,264 | 104,792 | 99,840 | −4.7% |
| Equity | 45,232 | 44,388 | 44,695 | 51,450 | 47,147 | 50,328 | +6.7% |
| Liabilities | 59,244 | 77,108 | 54,704 | 37,291 | 47,487 | 41,954 | −11.7% |
| Cash and cash equivalents | 23 | 25 | 25 | 57 | 54 | 42 | −22.2% |
| Average number of employees | 160 | 152 | 165 | 145 | 147 | 136 | −7.5% |
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.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 16/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 20/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 14/03/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 28/03/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 21/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 23/03/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
304 companies in the databaseComparison with the other companies in construction of utility projects for fluids based on the latest financial year.
Industry median: gross profit DKK 4m, net profit DKK 365k, equity DKK 2.4m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 703of 4,412 Better than 84% | No. 1,222of 4,466 Better than 73% |
| Same industry and 50–199 employees18 companies in the comparison | No. 3of 18 Better than 88% | No. 5of 18 Better than 76% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 863of 10,152 Better than 92% | No. 1,984of 10,275 Better than 81% |
| All companies of type A/S18,025 companies in the comparison | No. 1,618of 17,786 Better than 91% | No. 3,566of 18,024 Better than 80% |
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
Construction of utility projects for fluids- Vam A/SDKK 97.9m
- Munck Havne & Anlæg A/SDKK 395.8m
- EWII Infrastruktur A/SDKK 200.8m
- Vam A/SDKK 5.2m
- Munck Havne & Anlæg A/SDKK 279.3m
- EWII Infrastruktur A/S−DKK 17.8m
- Vam A/SDKK 50.3m
- Munck Havne & Anlæg A/SDKK 431.6m
- EWII Infrastruktur A/SDKK 2.6bn
- Vam A/S153
- Munck Havne & Anlæg A/S408
- EWII Infrastruktur A/S305
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- VAM-Holding ApS100%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jens Brøndum | Director | 25/06/2018 |
| Allan Hougaard | CEO | 25/06/2018 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Paul Busk Jensen | Board member | 19/03/2018 |
| Thomas Mogensen | Board member | 19/03/2018 |
| Ole Frederik Lundis | Chair of the board | 06/03/2026 |
- Founders
- Søren Birch Rasmussen, Flemming Sørensen, Bodil Birch Sørensen
Former management (8)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Søren Birch Rasmussen | Board member | 21/12/1989 | 19/03/2018 |
| Søren Birch Rasmussen | Director | 21/12/1989 | 18/06/2007 |
| Flemming Sørensen | Board member | 21/12/1989 | 19/09/2006 |
| Bodil Birch Sørensen | Board member | 21/12/1989 | 19/09/2006 |
| Henning Millard | Board member | 19/09/2006 | 19/03/2018 |
| Benny Kristensen | CEO | 18/06/2007 | 25/06/2018 |
| Allan Laursen | Chair of the board | 01/05/2009 | 15/03/2013 |
| Thomas Villum Folmann | Chair of the board | 15/03/2013 | 06/03/2026 |
Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening eller af et medlem af bestyrelsen i forening med en direktør eller af den samlede bestyrelse.
Address and production units
4 active production unitsLimevej 5
8963 Auning
| Production unit | Address | Employees | P number |
|---|---|---|---|
| VAM A/S | Limevej 5, V Alling, 8963 Auning | 153 | 1000620488 |
| VAM A/S | Rosbjergvej 3, Årslev, 8220 Brabrand | 3 | 1024461358 |
| VAM A/S | Hans Winthers Vej 15, 8400 Ebeltoft | 3 | 1020074163 |
| VAM A/S | Thomas Edisons Vej 3, 8920 Randers NV | 2 | 1017973386 |
Purpose
Selskabets formål er at drive virksomhed som entreprenør i byggebranchen, herunder hovedentrepriser, og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
45 registered events20263 changesaccounts 1 · management 2
- AccountsAnnual report for 2025 published
- ManagementOle Frederik Lundis appointed chair of the board
- ManagementThomas Villum Folmann stepped down as chair of the board
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20236 changesownership 5 · accounts 1
- OwnershipVAM-Holding ApS registered as owner (100%)
- OwnershipFlemming Sørensen is no longer registered as owner
- OwnershipKristian Birch Pedersen is no longer registered as owner
- OwnershipRasmus Birch Sørensen is no longer registered as owner
- OwnershipTM22 ApS is no longer registered as owner
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20193 changesownership 3
- OwnershipFlemming Sørensen registered as owner (33.33%)
- OwnershipKristian Birch Pedersen registered as owner (5%)
- OwnershipRasmus Birch Sørensen registered as owner (5%)
20188 changesownership 1 · management 7
- OwnershipFlemming Sørensen is no longer registered as owner
- ManagementAllan Hougaard appointed ceo
- ManagementJens Brøndum appointed director
- ManagementBenny Kristensen stepped down as ceo
- ManagementThomas Mogensen appointed board member
- ManagementPaul Busk Jensen appointed board member
- ManagementHenning Millard stepped down as board member
- ManagementSøren Birch Rasmussen stepped down as board member
20172 changesownership 2
- OwnershipTM22 ApS registered as owner (50%)
- OwnershipSR44 HOLDING ApS is no longer registered as owner
20142 changesownership 1 · industry 1
- OwnershipFlemming Sørensen registered as owner (33.33%)
- IndustryIndustry changed to Construction of utility projects for fluids (422100)
20132 changesmanagement 2
- ManagementThomas Villum Folmann appointed chair of the board
- ManagementAllan Laursen stepped down as chair of the board
20111 changeaddress 1
- AddressMoved to Limevej 5, V Alling, 8963 Auning
20091 changemanagement 1
- ManagementAllan Laursen appointed chair of the board
20081 changeindustry 1
- IndustryIndustry changed to Anlæg af ledningsnet (422000)
20072 changesmanagement 2
- ManagementBenny Kristensen appointed ceo
- ManagementSøren Birch Rasmussen stepped down as director
20063 changesmanagement 3
- ManagementHenning Millard appointed board member
- ManagementBodil Birch Sørensen stepped down as board member
- ManagementFlemming Sørensen stepped down as board member
20021 changeownership 1
- OwnershipSR44 HOLDING ApS registered as owner (50%)
19961 changecapital 1
- CapitalShare capital changed from 300,000 DKK to 500,000 DKK
19895 changesfounded 1 · management 4
- FoundedRegistered as VAM A/S
- ManagementSøren Birch Rasmussen appointed board member
- ManagementBodil Birch Sørensen appointed board member
- ManagementFlemming Sørensen appointed board member
- ManagementSøren Birch Rasmussen appointed director
Related companies
Same industry in Norddjurs
- Entreprenørfirmaet Erik Pedersen A/S21 employees
- Entreprenør Ulrik Poulsen ApS6 employees
- Sunes Kloak & Belægning ApS2 employees
Same people in management
- General Logistics Systems Denmark A/Svia Allan Laursen
- CBRE Teknisk Servicepartner A/Svia Thomas Villum Folmann
- Link Logistics A/Svia Thomas Villum Folmann
- Kingo Karlsen A/Svia Kristian Birch Pedersen
- Stevanato Group Denmark A/Svia Thomas Villum Folmann
- Danjord A/Svia Rasmus Birch Sørensen
Largest in the industry
- Munck Havne & Anlæg A/SDKK 395.8m
- EWII Infrastruktur A/SDKK 200.8m
- Jernbro Industrial Services A/SDKK 185.4m
- Vennelyst Ingeniør- og Entreprenørforretning A/SDKK 184.8m
- Nordkabel A/SDKK 182.4m
- Munck Forsyningsledninger A/SDKK 174.1m
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.