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Vølund Varmeteknik A/S

Public limited companyCVR 32938108HerningActive

Vølund Varmeteknik A/S is a public limited company, based in Herning, active in wholesale of hardware, heating equipment and supplies, founded in 2010. Net profit rose 36% from 2024 to 2025, ending at DKK 24.5m. With 70 employees, the company is about 9 times larger than the industry median. Gross profit is higher than that of 94% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 74m+14.1% vs. 2024
Net profitDKK 24.5m+36.4% vs. 2024
EquityDKK 88.5m+12% vs. 2024
Employees70latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 14% (2024 → 2025), to DKK 74m.
  • Net profit rose 36% (2024 → 2025), to DKK 24.5m.
  • Equity rose 12% (2024 → 2025), to DKK 88.5m.

Employees

  • 9 more employees than a year earlier: 70 (08/2026) against 61 (08/2025).

Management and owners, last 24 months

  • Stepped down: Mats Andreas Hellstrand (board member, 14/03/2025).

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 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for Vølund Varmeteknik A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit73,54796,910123,70394,22564,85273,994+14.1%
Operating profit (EBIT)40,91657,37580,68849,25722,38030,980+38.4%
Profit before tax40,95257,19680,77149,56823,03231,384+36.3%
Net profit31,93244,59062,97638,61417,93624,456+36.4%
Total assets115,693150,850215,417145,316134,692138,438+2.8%
Equity59,95074,54092,51681,13079,06688,522+12%
Liabilities55,74366,139122,90164,18655,62649,916−10.3%
Cash and cash equivalents601110−100%
Average number of employees546166706059−1.7%

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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
Gross profitMedian, the industry (219 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 Vølund Varmeteknik A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202520/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/03/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202303/04/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202221/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202022/03/2021The 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
01020304050607009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

219 companies in the database

Comparison with the other companies in wholesale of hardware, heating equipment and supplies based on the latest financial year.

Gross profitDKK 74mNo. 15 of 217
Better than 94% of the companies in the industry
EquityDKK 88.5mNo. 13 of 219
Better than 94% of the companies in the industry
Number of employees70No. 19 of 219
Better than 92% of the companies in the industry

Industry median: gross profit DKK 6.9m, net profit DKK 840k, equity DKK 6.4m, 8 employees.

DKK 154kDKK 1.4mDKK 12.4mDKK 111.2mDKK 480.2mHere
Distribution of gross profit for 208 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. 1,062of 4,412
Better than 76%
No. 748of 4,466
Better than 83%
Same industry and 50–199 employees16 companies in the comparison
No. 10of 15
Better than 36%
No. 5of 16
Better than 73%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 954of 24,791
Better than 96%
No. 1,512of 24,909
Better than 94%
All companies of type A/S18,025 companies in the comparison
No. 2,040of 17,786
Better than 89%
No. 2,465of 18,024
Better than 86%

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 hardware, heating equipment and supplies
Gross profit
  1. Vølund Varmeteknik A/SDKK 74m
  2. Saint-gobain Distribution Denmark A/SDKK 997.9m
  3. Ahlsell Danmark A/SDKK 730.1m
Net profit
  1. Vølund Varmeteknik A/SDKK 24.5m
  2. Saint-gobain Distribution Denmark A/SDKK 4.7m
  3. Ahlsell Danmark A/S−DKK 26.6m
Equity
  1. Vølund Varmeteknik A/SDKK 88.5m
  2. Saint-gobain Distribution Denmark A/SDKK 399.2m
  3. Ahlsell Danmark A/SDKK 611m
Employees
  1. Vølund Varmeteknik A/S70
  2. Saint-gobain Distribution Denmark A/S822
  3. Ahlsell Danmark A/S764

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 Ab100%
Vølund Varmeteknik A/S

Management

4 active registrations

Executive management

Executive management at Vølund Varmeteknik A/S
NameRoleAppointed
Søren KroghCEO12/01/2011

Board of directors

Board of directors at Vølund Varmeteknik A/S
NameRoleAppointed
Søren KroghBoard member03/02/2011
Anders Per Olof AlvarssonBoard member22/06/2022
Leif Stefan NordenforsChair of the board22/06/2022
Auditor
KPMG P/S
Founders
Nibe Aktiebolag
Former management (7)
Former management at Vølund Varmeteknik A/S
NameRoleAppointedResigned
Anders Per Olof AlvarssonBoard member17/05/201014/12/2021
Joel Martin GunnarssonBoard member17/05/201003/02/2011
Peter Vit CernyDirector17/05/201013/01/2011
Peter Vit CernyChair of the board03/02/201123/09/2015
Niklas RönnängChair of the board23/09/201515/12/2021
Anders Per Olof AlvarssonChair of the board15/12/202121/06/2022
Mats Andreas HellstrandBoard member15/12/202114/03/2025

Signing rule: Selskabet tegnes af den samlede bestyrelse.

Address and production units

1 active production units

Industrivej Nord 7B
7400 Herning

Herning Municipality · Postcode 7400

Production units
Production unitAddressEmployeesP number
VØLUND VARMETEKNIK A/SIndustrivej Nord 7B, Birk, 7400 Herning701016071621

Purpose

Selskabets formål er at foretage markedsføring, salg og produkter, samt at eje aktier i datterselskaber med tilsvarende formål.

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · management 1
  • Annual report for 2024 published
  • Mats Andreas Hellstrand stepped down as board member
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20226 changesmanagement 3 · accounts 1 · address 2
  • Anders Per Olof Alvarsson appointed board member
  • Leif Stefan Nordenfors appointed chair of the board
  • Anders Per Olof Alvarsson stepped down as chair of the board
  • Annual report for 2021 published
  • Moved to Industrivej Nord 7B, Birk, 7400 Herning
  • Moved to Industrivej Nord 7B, Birk, 7400 Herning
20215 changesmanagement 4 · accounts 1
  • Anders Per Olof Alvarsson appointed chair of the board
  • Mats Andreas Hellstrand appointed board member
  • Niklas Rönnäng stepped down as chair of the board
  • Anders Per Olof Alvarsson stepped down as board member
  • Annual report for 2020 published
20181 changeaddress 1
  • Moved to Industrivej Nord 7B, Birk, 7400 Herning
20152 changesmanagement 2
  • Niklas Rönnäng appointed chair of the board
  • Peter Vit Cerny stepped down as chair of the board
20115 changesmanagement 5
  • Peter Vit Cerny appointed chair of the board
  • Søren Krogh appointed board member
  • Joel Martin Gunnarsson stepped down as board member
  • Peter Vit Cerny stepped down as director
  • Søren Krogh appointed ceo
20106 changesindustry 1 · founded 1 · management 3 · ownership 1
  • Industry changed to Engroshandel med isenkram, varmeanlæg og tilbehør (467400)
  • Registered as VØLUND VARMETEKNIK A/S
  • Joel Martin Gunnarsson appointed board member
  • Peter Vit Cerny appointed director
  • Anders Per Olof Alvarsson appointed board member
  • Nibe Ab registered as owner (100%)

Related companies

Same industry in Herning

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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