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Vesttherm A/S

Public limited companyCVR 26993601Esbjerg NActive

Vesttherm A/S is a public limited company, based in Esbjerg N, active in manufacture of electric domestic appliances, founded in 2003. Net profit fell 31% from 2024 to 2025, ending at DKK 6.1m. Measured by gross profit, it ranks no. 5 of 11 companies in the industry in the database. With 53 employees, the company is about 4 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 13.9m−21% vs. 2024
Net profitDKK 6.1m−30.6% vs. 2024
EquityDKK 20.9m−8.5% vs. 2024
Employees53latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 21% (2024 → 2025), to DKK 13.9m.
  • Net profit fell 31% (2024 → 2025), to DKK 6.1m.
  • Equity fell 9% (2024 → 2025), to DKK 20.9m.

Employees

  • 9 more employees than a year earlier: 53 (08/2026) against 44 (08/2025).

Management and owners, last 24 months

  • New in management: Torben Andersen (chair of the board, 01/03/2025), Poul Mortensen (board member, 01/03/2025) and Anders Christian Dam (board member, 10/08/2026).
  • Stepped down: Preben Thorius Lund (board member, 01/05/2026), Svend Jørgensen (board member, 28/02/2025) and Torben Andersen (board member, 28/02/2025) (+1).

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 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
EquityNet profit
Financial figures for Vesttherm A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,2684,5457,42716,08817,59013,898−21%
Operating profit (EBIT)7572,1764,53711,71812,8718,744−32.1%
Profit before tax−1191,1813,1909,47411,1777,756−30.6%
Net profit−959212,4977,3978,7226,050−30.6%
Total assets33,61029,22433,51559,43938,50038,152−0.9%
Equity6,8187,7399,23614,13322,85620,906−8.5%
Liabilities25,84020,20322,30341,60112,47314,873+19.2%
Cash and cash equivalents9815372,9378,5703,217929−71.1%
Average number of employees242933423428−17.6%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (11 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 Vesttherm A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202504/11/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202422/11/2024The companyPDFXBRL
202301/07/2022 – 30/06/202307/12/2023The companyPDFXBRL
202201/07/2021 – 30/06/202202/12/2022The companyPDFXBRL
202101/07/2020 – 30/06/202129/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202011/12/2020The 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
010203040506009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

11 companies in the database

Comparison with the other companies in manufacture of electric domestic appliances based on the latest financial year.

Gross profitDKK 13.9mNo. 5 of 11
Better than 60% of the companies in the industry
EquityDKK 20.9mNo. 5 of 11
Better than 60% of the companies in the industry
Number of employees53No. 4 of 11
Better than 70% of the companies in the industry

Industry median: gross profit DKK 11.9m, net profit DKK 1.3m, equity DKK 14.5m, 14 employees.

DKK 100kDKK 593kDKK 3.5mDKK 20.9mDKK 68.5mHere
Distribution of gross profit for 10 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. 3,564of 4,412
Better than 19%
No. 2,149of 4,466
Better than 52%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 4,605of 24,791
Better than 81%
No. 4,320of 24,909
Better than 83%
All companies of type A/S18,025 companies in the comparison
No. 7,531of 17,786
Better than 58%
No. 6,016of 18,024
Better than 67%

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

Manufacture of electric domestic appliances
Gross profit
  1. Vesttherm A/SDKK 13.9m
  2. Nilfisk A/SDKK 124m
  3. Metro Therm A/SDKK 98m
Net profit
  1. Vesttherm A/SDKK 6.1m
  2. Nilfisk A/SDKK 35.2m
  3. Metro Therm A/SDKK 26.1m
Equity
  1. Vesttherm A/SDKK 20.9m
  2. Nilfisk A/SDKK 341m
  3. Metro Therm A/SDKK 277.3m
Employees
  1. Vesttherm A/S53
  2. Nilfisk A/S323
  3. Metro Therm A/S225

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
  • Nilan Holding A/S100%
Vesttherm A/S

Management

5 active registrations

Executive management

Executive management at Vesttherm A/S
NameRoleAppointed
Torben Bach LauridsenDirector06/12/2010

Board of directors

Board of directors at Vesttherm A/S
NameRoleAppointed
Peter SønderskovBoard member29/08/2019
Torben AndersenChair of the board01/03/2025
Poul MortensenBoard member01/03/2025
Anders Christian DamBoard member10/08/2026
Founders
Nilan A/S
Former management (9)
Former management at Vesttherm A/S
NameRoleAppointedResigned
Torben AndersenBoard member18/12/200314/08/2017
Torben AndersenDirector18/12/200315/08/2017
Marianne AndersenBoard member18/12/200313/06/2014
Poul MortensenBoard member18/12/200324/10/2017
Preben Thorius LundBoard member31/01/201401/05/2026
Svend JørgensenBoard member02/05/201628/02/2025
Torben AndersenChair of the board15/08/201724/10/2017
Torben AndersenBoard member25/10/201728/02/2025
Poul MortensenChair of the board25/10/201728/02/2025

Signing rule: Virksomheden tegnes af direktionen i forening med formanden for bestyrelsen eller af den samlede bestyrelse.

Address and production units

1 active production units

Øresundsvej 10
6715 Esbjerg N

Esbjerg Municipality · Postcode 6715

Production units
Production unitAddressEmployeesP number
VESTTHERM A/SØresundsvej 10, 6715 Esbjerg N531003052158

Purpose

Selskabets formål er at produce og sælge varmepumper og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

36 registered events
20262 changesmanagement 2
  • Anders Christian Dam appointed board member
  • Preben Thorius Lund stepped down as board member
20256 changesaccounts 1 · management 5
  • Annual report for 2025 published
  • Poul Mortensen appointed board member
  • Torben Andersen appointed chair of the board
  • Torben Andersen stepped down as board member
  • Poul Mortensen stepped down as chair of the board
  • Svend Jørgensen stepped down as board member
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20191 changemanagement 1
  • Peter Sønderskov appointed board member
20177 changesmanagement 7
  • Torben Andersen appointed board member
  • Poul Mortensen appointed chair of the board
  • Torben Andersen stepped down as chair of the board
  • Poul Mortensen stepped down as board member
  • Torben Andersen appointed chair of the board
  • Torben Andersen stepped down as director
  • Torben Andersen stepped down as board member
20161 changemanagement 1
  • Svend Jørgensen appointed board member
20151 changeaddress 1
  • Moved to Øresundsvej 10, 6715 Esbjerg N
20142 changesmanagement 2
  • Marianne Andersen stepped down as board member
  • Preben Thorius Lund appointed board member
20111 changeindustry 1
  • Industry changed to Manufacture of electric domestic appliances (275100)
20101 changemanagement 1
  • Torben Bach Lauridsen appointed director
20081 changeindustry 1
  • Industry changed to Manufacture of non-electric domestic appliances (275200)
20071 changeaddress 1
  • Moved to Nilanvej 2, 8722 Hedensted
20042 changesownership 1 · industry 1
  • NILAN HOLDING A/S registered as owner (100%)
  • Industry changed to Fremstilling af ikke-elektriske husholdningsapparater samt brændeovne (297200)
20035 changesfounded 1 · management 4
  • Registered as VESTTHERM A/S
  • Torben Andersen appointed director
  • Poul Mortensen appointed board member
  • Marianne Andersen appointed board member
  • Torben Andersen appointed board member

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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