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Varde Ovne A/S

Public limited companyCVR 21554979KoldingActive

Varde Ovne A/S is a public limited company, based in Kolding, active in wholesale of other household goods n.e.c., founded in 1999. The company made a loss in both 2024 and 2025, most recently DKK 91,516.

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Key figures · financial year 2025

Gross profitDKK 4.7m+151.5% vs. 2024
Net profit−DKK 91,516+97.6% vs. 2024
EquityDKK 9m−1% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 152% (2024 → 2025), to DKK 4.7m.
  • The loss got smaller: from DKK 3.8m to DKK 91,516 (2024 → 2025).
  • Equity fell 1% (2024 → 2025), to DKK 9m.

Employees

  • 2 fewer employees than a year earlier: 4 (08/2026) against 6 (08/2025).

Management and owners, last 24 months

  • New in management: Lars Ulrich Borch (board member, 01/03/2025), Lars Ulrich Borch (ceo, 01/03/2025) and Michael Tolbøll (board member, 26/06/2025).
  • Stepped down: Peter Bager (board member, 26/06/2025), Michael Verman (board member, 28/02/2025) and Michael Verman (ceo, 28/02/2025).

Registrations, last 24 months

  • 13/05/2025: Moved to Haderslevvej 36, 6000 Kolding
  • 01/01/2025: Industry changed to Wholesale of other household goods n.e.c. (464990)

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 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15m202020212022202320242025
EquityNet profit
Financial figures for Varde Ovne A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−9322,00711,11019,4611,8774,720+151.5%
Operating profit (EBIT)−6,400−5,4245,81513,729−4,128359+108.7%
Profit before tax−6,751−5,5485,34711,922−4,857−117+97.6%
Net profit−5,266−3,4403,2789,295−3,801−92+97.6%
Total assets16,76331,14229,40638,15132,84327,190−17.2%
Equity2,1572,3165,59514,8909,0898,998−1%
Liabilities14,60628,52523,81123,26123,75318,013−24.2%
Cash and cash equivalents14822000%
Average number of employees10128998−11.1%

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 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
Gross profitMedian, the industry (125 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

    Net result is negative in the two or more 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 Varde Ovne A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202512/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/06/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202315/04/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202213/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202017/05/2021The 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
024681009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

125 companies in the database

Comparison with the other companies in wholesale of other household goods n.e.c. based on the latest financial year.

Gross profitDKK 4.7mNo. 59 of 124
Better than 53% of the companies in the industry
EquityDKK 9mNo. 47 of 125
Better than 63% of the companies in the industry
Number of employees4No. 42 of 125
Better than 67% of the companies in the industry

Industry median: gross profit DKK 4.3m, net profit DKK 423k, equity DKK 4.9m, 5 employees.

DKK 109kDKK 752kDKK 5.2mDKK 36mDKK 130.7mHere
Distribution of gross profit for 118 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 fewer than 20 employees69,967 companies in the comparison
No. 14,318of 69,742
Better than 79%
No. 9,714of 69,964
Better than 86%
Same industry and fewer than 20 employees100 companies in the comparison
No. 34of 99
Better than 66%
No. 22of 100
Better than 79%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 10,105of 24,791
Better than 59%
No. 7,133of 24,909
Better than 71%
All companies of type A/S18,025 companies in the comparison
No. 12,193of 17,786
Better than 31%
No. 9,159of 18,024
Better than 49%

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 other household goods n.e.c.
Gross profit
  1. Varde Ovne A/SDKK 4.7m
  2. Abena A/SDKK 249m
  3. F&H Group A/SDKK 188.7m
Net profit
  1. Varde Ovne A/S−DKK 91,516
  2. Abena A/S−DKK 36.5m
  3. F&H Group A/S−DKK 59.6m
Equity
  1. Varde Ovne A/SDKK 9m
  2. Abena A/SDKK 820.9m
  3. F&H Group A/SDKK 83.7m
Employees
  1. Varde Ovne A/S4
  2. Abena A/S375
  3. F&H Group A/S262

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
  • Nibe Industrier AB100%
Varde Ovne A/S

Management

4 active registrations

Executive management

Executive management at Varde Ovne A/S
NameRoleAppointed
Lars Ulrich BorchCEO01/03/2025

Board of directors

Board of directors at Varde Ovne A/S
NameRoleAppointed
Bengt Olof Niklas GunnarssonChair of the board16/03/2006
Lars Ulrich BorchBoard member01/03/2025
Michael TolbøllBoard member26/06/2025
Auditor
KPMG P/S
Founders
Aksped Holding ApS
Former management (23)
Former management at Varde Ovne A/S
NameRoleAppointedResigned
Aksel Henneberg PedersenBoard member25/01/199922/12/2004
Preben HolmboeBoard member25/01/199928/09/2001
Lars Duus MadsenBoard member25/01/199906/02/2007
Lars Duus MadsenDirector25/01/199906/02/2007
Jan Helskov HansenBoard member28/09/200110/05/2005
Bent Ove LarsenBoard member10/05/200529/05/2007
Ole Feder MadsenBoard member16/03/200606/02/2007
Gert Eric LindquistBoard member16/03/200628/05/2008
Bo Erling Ingvar NilssonBoard member16/03/200614/03/2018
Freddy BeckBoard member06/02/200716/11/2010
Freddy BeckDirector06/02/200716/11/2010
Torben Thuesen AndersenBoard member20/08/200708/04/2009
John Hellemann LaursenBoard member28/05/200825/03/2015
Thomas Storm AutzenBoard member19/11/200918/12/2013
Jan Meldgård ArildsenBoard member16/11/201018/01/2019
Jan Meldgård ArildsenCEO16/11/201018/01/2019
Peter BagerBoard member14/03/201826/06/2025
Thomas Karl Lennart BergmanBoard member18/01/201901/05/2019
Thomas Karl Lennart BergmanCEO18/01/201901/05/2019
Henrik NøhrBoard member01/05/201901/03/2022
Henrik NøhrCEO01/05/201928/02/2022
Michael VermanBoard member01/03/202228/02/2025
Michael VermanCEO01/03/202228/02/2025

Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem, 3 medlemmer af bestyrelsen i forening eller af den samlede bestyrelse.

Address and production units

1 active production units

Haderslevvej 36
6000 Kolding

Kolding Municipality · Postcode 6000

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
VARDE OVNE A/SHaderslevvej 36, 6000 Kolding41005018532

Purpose

Selskabets formål er at drive produktionsvirksomhed samt handel

The purpose is quoted from the register in Danish.

Changes year by year

81 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20259 changesmanagement 6 · accounts 1 · address 1 · industry 1
  • Michael Tolbøll appointed board member
  • Peter Bager stepped down as board member
  • Annual report for 2024 published
  • Moved to Haderslevvej 36, 6000 Kolding
  • Lars Ulrich Borch appointed ceo
  • Lars Ulrich Borch appointed board member
  • Michael Verman stepped down as ceo
  • Michael Verman stepped down as board member
  • Industry changed to Wholesale of other household goods n.e.c. (464990)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20227 changesaccounts 1 · capital 1 · management 4 · industry 1
  • Annual report for 2021 published
  • Share capital changed from 501,000 DKK to 500,000 DKK
  • Michael Verman appointed ceo
  • Michael Verman appointed board member
  • Henrik Nøhr stepped down as board member
  • Henrik Nøhr stepped down as ceo
  • Industry changed to Wholesale of other household goods n.e.c. (464990)
20213 changescapital 2 · accounts 1
  • Share capital changed from 500,000 DKK to 501,000 DKK
  • Annual report for 2020 published
  • Share capital changed from 501,000 DKK to 500,000 DKK
20202 changescapital 2
  • Share capital changed from 500,000 DKK to 501,000 DKK
  • Share capital changed from 501,000 DKK to 500,000 DKK
20199 changescapital 1 · management 8
  • Share capital changed from 500,000 DKK to 501,000 DKK
  • Henrik Nøhr appointed board member
  • Henrik Nøhr appointed ceo
  • Thomas Karl Lennart Bergman stepped down as board member
  • Thomas Karl Lennart Bergman stepped down as ceo
  • Thomas Karl Lennart Bergman appointed board member
  • Thomas Karl Lennart Bergman appointed ceo
  • Jan Meldgård Arildsen stepped down as ceo
  • Jan Meldgård Arildsen stepped down as board member
20185 changescapital 2 · address 1 · management 2
  • Share capital changed from 501,000 DKK to 500,000 DKK
  • Share capital changed from 500,000 DKK to 501,000 DKK
  • Moved to Pottemagervej 1, 7100 Vejle
  • Peter Bager appointed board member
  • Bo Erling Ingvar Nilsson stepped down as board member
20152 changesmanagement 1 · ownership 1
  • John Hellemann Laursen stepped down as board member
  • Nibe Industrier AB registered as owner (100%)
20144 changescapital 2 · merger 1 · address 1
  • Share capital changed from 4,009,000 DKK to 500,000 DKK
  • Share capital changed from 4,008,000 DKK to 4,009,000 DKK
  • Merger registered in CVR
  • Moved to Soldalen 12, 7100 Vejle
20131 changemanagement 1
  • Thomas Storm Autzen stepped down as board member
20105 changesmanagement 4 · capital 1
  • Jan Meldgård Arildsen appointed ceo
  • Jan Meldgård Arildsen appointed board member
  • Freddy Beck stepped down as board member
  • Freddy Beck stepped down as director
  • Share capital changed from 4,007,000 DKK to 4,008,000 DKK
20092 changesmanagement 2
  • Thomas Storm Autzen appointed board member
  • Torben Thuesen Andersen stepped down as board member
20084 changescapital 1 · management 2 · industry 1
  • Share capital changed from 4,006,000 DKK to 4,007,000 DKK
  • John Hellemann Laursen appointed board member
  • Gert Eric Lindquist stepped down as board member
  • Industry changed to Manufacture of ovens, furnaces and furnace burners (282100)
20079 changescapital 1 · management 7 · address 1
  • Share capital changed from 4,005,000 DKK to 4,006,000 DKK
  • Torben Thuesen Andersen appointed board member
  • Bent Ove Larsen stepped down as board member
  • Freddy Beck appointed board member
  • Freddy Beck appointed director
  • Ole Feder Madsen stepped down as board member
  • Lars Duus Madsen stepped down as director
  • Lars Duus Madsen stepped down as board member
  • Moved to Kongevej 246, Tiset, 6510 Gram
20064 changesmanagement 4
  • Bengt Olof Niklas Gunnarsson appointed chair of the board
  • Bo Erling Ingvar Nilsson appointed board member
  • Gert Eric Lindquist appointed board member
  • Ole Feder Madsen appointed board member
20053 changesmanagement 2 · industry 1
  • Bent Ove Larsen appointed board member
  • Jan Helskov Hansen stepped down as board member
  • Industry changed to Fremstilling af ikke-elektriske husholdningsapparater samt brændeovne (297200)
20041 changemanagement 1
  • Aksel Henneberg Pedersen stepped down as board member
20012 changesmanagement 2
  • Jan Helskov Hansen appointed board member
  • Preben Holmboe stepped down as board member
20001 changename 1
  • Name changed from VARDE BRÆNDEOVNE A/S to VARDE OVNE A/S
19995 changesfounded 1 · management 4
  • Registered as VARDE BRÆNDEOVNE A/S
  • Preben Holmboe appointed board member
  • Lars Duus Madsen appointed director
  • Lars Duus Madsen appointed board member
  • Aksel Henneberg Pedersen appointed board member

Related companies

Same industry in Kolding

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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 24/10/2026.

View in CVRReport a correction