Vestas Aircoil A/S
Public limited companyCVR 18388545Lem StActive
Vestas Aircoil A/S is a public limited company, based in Lem St, active in engineering consultancy in production and mechanical engineering, founded in 1995. Net profit rose 52% from 2024 to 2025, ending at DKK 39.4m. With 49 employees, the company is about 25 times larger than the industry median. Equity grew to DKK 168.7m in 2025.
Key figures · financial year 2025
Gross profitDKK 20.1m+38.6% vs. 2024
Net profitDKK 39.4m+52.1% vs. 2024
EquityDKK 168.7m+25.1% vs. 2024
Employees49latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 39% (2024 → 2025), to DKK 20.1m.
- Net profit rose 52% (2024 → 2025), to DKK 39.4m.
- Equity rose 25% (2024 → 2025), to DKK 168.7m.
Employees
- 15 more employees than a year earlier: 49 (08/2026) against 34 (08/2025).
Management and owners, last 24 months
- New in management: Anders Christian Lindenborg (director, 01/12/2024), Dorthe Rønnau Pors (board member, 04/06/2025) and Anders Christian Lindenborg (board member, 04/05/2025).
- Stepped down: Allan Larsen (board member, 04/05/2025) and Anders Christian Lindenborg (board member, 04/06/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Engineering consultancy in production and mechanical engineering (711220)
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 | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 34,542 | 10,767 | 26,384 | 21,461 | 14,486 | 20,079 | +38.6% |
| Operating profit (EBIT) | −8,393 | −7,311 | 5,420 | −4,059 | −13,066 | −12,259 | +6.2% |
| Profit before tax | −2,097 | 23,690 | 55,214 | 44,758 | 41,709 | 38,424 | −7.9% |
| Net profit | −2,941 | 31,293 | 50,205 | 41,886 | 25,939 | 39,450 | +52.1% |
| Total assets | 158,729 | 176,905 | 190,410 | 200,812 | 247,359 | 222,073 | −10.2% |
| Equity | 61,258 | 88,294 | 116,277 | 132,595 | 134,815 | 168,680 | +25.1% |
| Liabilities | 97,183 | 88,611 | 74,133 | 68,217 | 112,544 | 51,221 | −54.5% |
| Cash and cash equivalents | 7,588 | 5,018 | 3,141 | 1,378 | 18 | 989 | +5,342.1% |
| Average number of employees | 61 | 13 | 17 | 21 | 24 | 33 | +37.5% |
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
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 | 01/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 04/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 22/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 31/05/2021 | 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
372 companies in the databaseComparison with the other companies in engineering consultancy in production and mechanical engineering based on the latest financial year.
Gross profitDKK 20.1mNo. 49 of 371
Better than 87% of the companies in the industry
EquityDKK 168.7mNo. 10 of 372
Better than 98% of the companies in the industry
Number of employees49No. 28 of 372
Better than 93% of the companies in the industry
Industry median: gross profit DKK 2.3m, net profit DKK 272k, equity DKK 1.3m, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 2,819of 9,892 Better than 72% | No. 224of 9,922 Better than 98% |
| Same industry and 20–49 employees32 companies in the comparison | No. 18of 32 Better than 45% | No. 1of 32 Better than 100% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 2,808of 10,152 Better than 72% | No. 879of 10,275 Better than 91% |
| All companies of type A/S18,025 companies in the comparison | No. 5,905of 17,786 Better than 67% | No. 1,618of 18,024 Better than 91% |
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
Engineering consultancy in production and mechanical engineeringGross profit
- Vestas Aircoil A/SDKK 20.1m
- Grundfos Holding A/SDKK 15.2bn
- NNE A/SDKK 681.3m
Net profit
- Vestas Aircoil A/SDKK 39.4m
- Grundfos Holding A/SDKK 2.8bn
- NNE A/SDKK 385.3m
Equity
- Vestas Aircoil A/SDKK 168.7m
- Grundfos Holding A/SDKK 25.3bn
- NNE A/SDKK 670.3m
Employees
- Vestas Aircoil A/S49
- Grundfos Holding A/S2,092
- NNE A/S1,783
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
Vestas Aircoil A/S
Subsidiaries and ownership shares
Subsidiaries are shown only if they are in the database.
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Michael Døj | CEO | 01/01/2023 |
| Anders Christian Lindenborg | Director | 01/12/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Mette Grunnet | Board member | 01/01/2023 |
| Ib Sand Nykjær | Chair of the board | 01/01/2023 |
| Dorthe Rønnau Pors | Board member | 04/06/2025 |
- Founders
- Alkas A/S
Former management (32)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Laurids Knudsen | Director | 03/02/1995 | 06/08/1997 |
| Erik Knudsen | Board member | 03/02/1995 | 12/04/1996 |
| Karsten Knudsen | Chair of the board | 03/02/1995 | 12/04/1996 |
| Knud Holger Bredal | Board member | 03/02/1995 | 12/04/1996 |
| Fleming Grunnet | Board member | 12/04/1996 | 28/05/2010 |
| Anni Grete Knudsen | Board member | 12/04/1996 | 06/08/1997 |
| Anna Grunnet | Board member | 12/04/1996 | 06/08/1997 |
| Laurids Knudsen | Board member | 06/08/1997 | 28/05/2010 |
| Jan Abel Larsen | Board member | 06/08/1997 | 06/08/1997 |
| Jan Abel Larsen | CEO | 06/08/1997 | 21/10/2002 |
| Steen Brinch Gildenpfennig | CEO | 21/10/2002 | 30/09/2019 |
| Poul Hjulmand | Board member | 13/05/2008 | 19/08/2019 |
| Gert Kristiansen | Chair of the board | 28/05/2010 | 14/11/2011 |
| Nils Østbirk | Chair of the board | 14/11/2011 | 13/11/2014 |
| Mette Grunnet | Board member | 13/11/2014 | 17/02/2015 |
| Ulrik Mikkelsen | Board member | 17/02/2015 | 19/05/2016 |
| Lars Bugge | Chair of the board | 17/02/2015 | 08/02/2018 |
| Finn Dinic Holmsø | Board member | 04/12/2015 | 06/08/2018 |
| Ulrik Mikkelsen | Chair of the board | 08/02/2018 | 05/08/2018 |
| Ulrik Mikkelsen | Board member | 06/08/2018 | 29/11/2021 |
| Søren Mygind Eskildsen | Chair of the board | 06/08/2018 | 27/05/2020 |
| Allan Larsen | Board member | 27/10/2018 | 04/05/2025 |
| Ib Sand Nykjær | CEO | 30/09/2019 | 12/10/2020 |
| Mette Grunnet | Chair of the board | 27/05/2020 | 12/10/2020 |
| Ib Sand Nykjær | Chair of the board | 12/10/2020 | 29/11/2021 |
| Poul Hinborg Ellund Christensen | CEO | 12/10/2020 | 08/10/2021 |
| Michael Døj | CEO | 08/10/2021 | 30/11/2021 |
| Ulrik Mikkelsen | Chair of the board | 30/11/2021 | 31/10/2022 |
| Ib Sand Nykjær | Board member | 30/11/2021 | 31/12/2022 |
| Ib Sand Nykjær | CEO | 30/11/2021 | 01/01/2023 |
| Mette Grunnet | Chair of the board | 31/10/2022 | 31/12/2022 |
| Anders Christian Lindenborg | Board member | 04/05/2025 | 04/06/2025 |
Signing rule: Selskabet tegnes af en direktør og bestyrelsesformanden i forening eller af den samlede bestyrelse.
Address and production units
2 active production unitsSmed Hansens Vej 13
6940 Lem St
Ringkøbing-Skjern Municipality · Postcode 6940
Other companies at the address (1)
- Vestas Industrial Cooling ApSManufacture of other general-purpose machinery n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| VESTAS AIRCOIL A/S | Innovations Allé 7, 7100 Vejle | 26 | 1031968328 |
| VESTAS AIRCOIL A/S | Smed Hansens Vej 13, 6940 Lem St | 21 | 1000046766 |
Purpose
Selskabets formål er at drive fabrikationsvirksomhed, tillige med handel, finansiering og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
87 registered events42015
12016
02017
72018
32019
72020
92021
52022
52023
32024
62025
12026
20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20256 changesaccounts 1 · management 4 · industry 1
- AccountsAnnual report for 2024 published
- ManagementDorthe Rønnau Pors appointed board member
- ManagementAnders Christian Lindenborg stepped down as board member
- ManagementAnders Christian Lindenborg appointed board member
- ManagementAllan Larsen stepped down as board member
- IndustryIndustry changed to Engineering consultancy in production and mechanical engineering (711220)
20243 changesmanagement 1 · industry 1 · accounts 1
- ManagementAnders Christian Lindenborg appointed director
- IndustryIndustry changed to Engineering consultancy in production and mechanical engineering (711220)
- AccountsAnnual report for 2023 published
20235 changesaccounts 1 · management 4
- AccountsAnnual report for 2022 published
- ManagementMichael Døj appointed ceo
- ManagementIb Sand Nykjær appointed chair of the board
- ManagementMette Grunnet appointed board member
- ManagementIb Sand Nykjær stepped down as ceo
20225 changesmanagement 4 · accounts 1
- ManagementMette Grunnet stepped down as chair of the board
- ManagementIb Sand Nykjær stepped down as board member
- ManagementMette Grunnet appointed chair of the board
- ManagementUlrik Mikkelsen stepped down as chair of the board
- AccountsAnnual report for 2021 published
20219 changesmanagement 8 · accounts 1
- ManagementUlrik Mikkelsen appointed chair of the board
- ManagementIb Sand Nykjær appointed ceo
- ManagementIb Sand Nykjær appointed board member
- ManagementMichael Døj stepped down as ceo
- ManagementIb Sand Nykjær stepped down as chair of the board
- ManagementUlrik Mikkelsen stepped down as board member
- ManagementMichael Døj appointed ceo
- ManagementPoul Hinborg Ellund Christensen stepped down as ceo
- AccountsAnnual report for 2020 published
20207 changesaddress 1 · management 6
- AddressMoved to Smed Hansens Vej 13, 6940 Lem St
- ManagementIb Sand Nykjær appointed chair of the board
- ManagementPoul Hinborg Ellund Christensen appointed ceo
- ManagementMette Grunnet stepped down as chair of the board
- ManagementIb Sand Nykjær stepped down as ceo
- ManagementMette Grunnet appointed chair of the board
- ManagementSøren Mygind Eskildsen stepped down as chair of the board
20193 changesmanagement 3
- ManagementIb Sand Nykjær appointed ceo
- ManagementSteen Brinch Gildenpfennig stepped down as ceo
- ManagementPoul Hjulmand stepped down as board member
20187 changesmanagement 7
- ManagementAllan Larsen appointed board member
- ManagementSøren Mygind Eskildsen appointed chair of the board
- ManagementUlrik Mikkelsen appointed board member
- ManagementFinn Dinic Holmsø stepped down as board member
- ManagementUlrik Mikkelsen stepped down as chair of the board
- ManagementUlrik Mikkelsen appointed chair of the board
- ManagementLars Bugge stepped down as chair of the board
20161 changemanagement 1
- ManagementUlrik Mikkelsen stepped down as board member
20154 changesmanagement 4
- ManagementFinn Dinic Holmsø appointed board member
- ManagementLars Bugge appointed chair of the board
- ManagementUlrik Mikkelsen appointed board member
- ManagementMette Grunnet stepped down as board member
20142 changesmanagement 2
- ManagementMette Grunnet appointed board member
- ManagementNils Østbirk stepped down as chair of the board
20112 changesmanagement 2
- ManagementNils Østbirk appointed chair of the board
- ManagementGert Kristiansen stepped down as chair of the board
20103 changesmanagement 3
- ManagementGert Kristiansen appointed chair of the board
- ManagementLaurids Knudsen stepped down as board member
- ManagementFleming Grunnet stepped down as board member
20092 changescapital 1 · merger 1
- CapitalShare capital changed from 2,500,000 DKK to 3,000,000 DKK
- MergerMerger registered in CVR
20082 changesmanagement 1 · industry 1
- ManagementPoul Hjulmand appointed board member
- IndustryIndustry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
20071 changeaddress 1
- AddressMoved to Smed Hansens Vej 13, 6940 Lem St
20061 changeindustry 1
- IndustryIndustry changed to Fremstilling af ventilations- og klimaanlæg til erhvervsmæssigt brug (292320)
20024 changesmanagement 2 · capital 1 · ownership 1
- ManagementSteen Brinch Gildenpfennig appointed ceo
- ManagementJan Abel Larsen stepped down as ceo
- CapitalShare capital changed from 5,000,000 DKK to 2,500,000 DKK
- OwnershipGENUA A/S registered as owner (100%)
19977 changesmanagement 7
- ManagementJan Abel Larsen appointed board member
- ManagementJan Abel Larsen stepped down as board member
- ManagementJan Abel Larsen appointed ceo
- ManagementLaurids Knudsen appointed board member
- ManagementAnni Grete Knudsen stepped down as board member
- ManagementAnna Grunnet stepped down as board member
- ManagementLaurids Knudsen stepped down as director
19967 changescapital 1 · management 6
- CapitalShare capital changed from 1,000,000 DKK to 5,000,000 DKK
- ManagementAnni Grete Knudsen appointed board member
- ManagementAnna Grunnet appointed board member
- ManagementFleming Grunnet appointed board member
- ManagementErik Knudsen stepped down as board member
- ManagementKnud Holger Bredal stepped down as board member
- ManagementKarsten Knudsen stepped down as chair of the board
19955 changesfounded 1 · management 4
- FoundedRegistered as VESTAS AIRCOIL A/S
- ManagementErik Knudsen appointed board member
- ManagementKnud Holger Bredal appointed board member
- ManagementKarsten Knudsen appointed chair of the board
- ManagementLaurids Knudsen appointed director
Related companies
Same people in management
- Vestas Wind Systems A/Svia Fleming Grunnet
- L'oréal Danmark A/Svia Nils Østbirk
- ROCKWOOL Danmark A/Svia Ulrik Mikkelsen
- Hoffmann A/Svia Gert Kristiansen
- Vald. Birn A/Svia Lars Bugge
- TCM Operations A/Svia Søren Mygind Eskildsen
Largest in the industry
- Grundfos Holding A/SDKK 15.2bn
- NNE A/SDKK 681.3m
- BEUMER Group A/SDKK 498.8m
- DNV Denmark A/SDKK 284.9m
- Power Stow International A/SDKK 270.3m
- Dansk Ingeniørservice A/SDKK 231.6m
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.