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.

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Key figures · financial year 2025

RevenueDKK 237.9m−9% vs. 2024
Net profitDKK 5.2m−15.6% vs. 2024
EquityDKK 50.3m+6.7% vs. 2024
Employees153latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 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 thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Vam A/S
202020212022202320242025Change
Revenue271,815293,478282,355247,294261,269237,879−9%
Gross profit101,55199,782102,193105,288101,72097,887−3.8%
Operating profit (EBIT)5,0642,553709,6927,3566,489−11.8%
Profit before tax5,0372,7042649,9307,8816,654−15.6%
Net profit3,9172,1553077,7556,1425,181−15.6%
Total assets111,963126,290104,15796,264104,79299,840−4.7%
Equity45,23244,38844,69551,45047,14750,328+6.7%
Liabilities59,24477,10854,70437,29147,48741,954−11.7%
Cash and cash equivalents232525575442−22.2%
Average number of employees160152165145147136−7.5%

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (304 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 Vam A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202516/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202314/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202121/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202023/03/2021The 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
02040608010012014016018020009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

304 companies in the database

Comparison with the other companies in construction of utility projects for fluids based on the latest financial year.

Gross profitDKK 97.9mNo. 9 of 304
Better than 97% of the companies in the industry
EquityDKK 50.3mNo. 12 of 304
Better than 96% of the companies in the industry
Number of employees153No. 10 of 304
Better than 97% of the companies in the industry

Industry median: gross profit DKK 4m, net profit DKK 365k, equity DKK 2.4m, 6 employees.

DKK 100kDKK 793kDKK 6.3mDKK 49.9mDKK 198.5mHere
Distribution of gross profit for 301 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. 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
Gross profit
  1. Vam A/SDKK 97.9m
  2. Munck Havne & Anlæg A/SDKK 395.8m
  3. EWII Infrastruktur A/SDKK 200.8m
Net profit
  1. Vam A/SDKK 5.2m
  2. Munck Havne & Anlæg A/SDKK 279.3m
  3. EWII Infrastruktur A/S−DKK 17.8m
Equity
  1. Vam A/SDKK 50.3m
  2. Munck Havne & Anlæg A/SDKK 431.6m
  3. EWII Infrastruktur A/SDKK 2.6bn

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
  • VAM-Holding ApS100%
Vam A/S

Management

5 active registrations

Executive management

Executive management at Vam A/S
NameRoleAppointed
Jens BrøndumDirector25/06/2018
Allan HougaardCEO25/06/2018

Board of directors

Board of directors at Vam A/S
NameRoleAppointed
Paul Busk JensenBoard member19/03/2018
Thomas MogensenBoard member19/03/2018
Ole Frederik LundisChair of the board06/03/2026
Founders
Søren Birch Rasmussen, Flemming Sørensen, Bodil Birch Sørensen
Former management (8)
Former management at Vam A/S
NameRoleAppointedResigned
Søren Birch RasmussenBoard member21/12/198919/03/2018
Søren Birch RasmussenDirector21/12/198918/06/2007
Flemming SørensenBoard member21/12/198919/09/2006
Bodil Birch SørensenBoard member21/12/198919/09/2006
Henning MillardBoard member19/09/200619/03/2018
Benny KristensenCEO18/06/200725/06/2018
Allan LaursenChair of the board01/05/200915/03/2013
Thomas Villum FolmannChair of the board15/03/201306/03/2026

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 units
Production units
Production unitAddressEmployeesP number
VAM A/SLimevej 5, V Alling, 8963 Auning1531000620488
VAM A/SRosbjergvej 3, Årslev, 8220 Brabrand31024461358
VAM A/SHans Winthers Vej 15, 8400 Ebeltoft31020074163
VAM A/SThomas Edisons Vej 3, 8920 Randers NV21017973386

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 events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Ole Frederik Lundis appointed chair of the board
  • Thomas Villum Folmann stepped down as chair of the board
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20236 changesownership 5 · accounts 1
  • VAM-Holding ApS registered as owner (100%)
  • Flemming Sørensen is no longer registered as owner
  • Kristian Birch Pedersen is no longer registered as owner
  • Rasmus Birch Sørensen is no longer registered as owner
  • TM22 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
20193 changesownership 3
  • Flemming Sørensen registered as owner (33.33%)
  • Kristian Birch Pedersen registered as owner (5%)
  • Rasmus Birch Sørensen registered as owner (5%)
20188 changesownership 1 · management 7
  • Flemming Sørensen is no longer registered as owner
  • Allan Hougaard appointed ceo
  • Jens Brøndum appointed director
  • Benny Kristensen stepped down as ceo
  • Thomas Mogensen appointed board member
  • Paul Busk Jensen appointed board member
  • Henning Millard stepped down as board member
  • Søren Birch Rasmussen stepped down as board member
20172 changesownership 2
  • TM22 ApS registered as owner (50%)
  • SR44 HOLDING ApS is no longer registered as owner
20142 changesownership 1 · industry 1
  • Flemming Sørensen registered as owner (33.33%)
  • Industry changed to Construction of utility projects for fluids (422100)
20132 changesmanagement 2
  • Thomas Villum Folmann appointed chair of the board
  • Allan Laursen stepped down as chair of the board
20111 changeaddress 1
  • Moved to Limevej 5, V Alling, 8963 Auning
20091 changemanagement 1
  • Allan Laursen appointed chair of the board
20081 changeindustry 1
  • Industry changed to Anlæg af ledningsnet (422000)
20072 changesmanagement 2
  • Benny Kristensen appointed ceo
  • Søren Birch Rasmussen stepped down as director
20063 changesmanagement 3
  • Henning Millard appointed board member
  • Bodil Birch Sørensen stepped down as board member
  • Flemming Sørensen stepped down as board member
20021 changeownership 1
  • SR44 HOLDING ApS registered as owner (50%)
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19895 changesfounded 1 · management 4
  • Registered as VAM A/S
  • Søren Birch Rasmussen appointed board member
  • Bodil Birch Sørensen appointed board member
  • Flemming Sørensen appointed board member
  • Søren Birch Rasmussen appointed director

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 23/10/2026.

View in CVRReport a correction