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VVS Ingo Olsen ApS

Private limited companyCVR 26624797RingstedActive

VVS Ingo Olsen ApS is a private limited company, based in Ringsted, active in plumbing, heat and air-conditioning installation, founded in 2002. Net profit fell 30% from 2024 to 2025, ending at DKK 732k.

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Key figures · financial year 2025

Gross profitDKK 6.6m−8.8% vs. 2024
Net profitDKK 732k−29.5% vs. 2024
EquityDKK 2.4m−10.1% vs. 2024
Employees10latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 9% (2024 → 2025), to DKK 6.6m.
  • Net profit fell 30% (2024 → 2025), to DKK 732k.
  • Equity fell 10% (2024 → 2025), to DKK 2.4m.

Employees

  • 1 fewer employees than a year earlier: 10 (08/2026) against 11 (08/2025).

Management and owners, last 24 months

  • New owners registered: MIO Ringsted ApS (18/12/2024) and M.E.M.O. Holding ApS (18/12/2024).
  • No longer registered as owner: MIO Ringsted ApS (17/12/2024).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Plumbing, heat and air-conditioning installation (432200)

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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5m202020212022202320242025
EquityNet profit
Financial figures for VVS Ingo Olsen ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4,4854,9495,9196,1017,2036,571−8.8%
Operating profit (EBIT)9481,2241,3151,1741,339954−28.8%
Profit before tax9331,2011,3091,1701,337944−29.4%
Net profit7269331,0209111,039732−29.5%
Total assets3,7983,7254,8964,3395,0707,492+47.8%
Equity1,2921,9252,0442,3552,6432,375−10.1%
Liabilities2,4941,7982,8291,9432,4275,105+110.3%
Cash and cash equivalents1,6751,327276532,0881,823−12.7%
Average number of employees99910110−100%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (1,357 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 100% from 11 in 2024 to 0 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • 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 VVS Ingo Olsen ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202314/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202212/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202102/05/2022The 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
0246810121409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,357 companies in the database

Comparison with the other companies in plumbing, heat and air-conditioning installation based on the latest financial year.

Gross profitDKK 6.6mNo. 394 of 1,357
Better than 71% of the companies in the industry
EquityDKK 2.4mNo. 440 of 1,357
Better than 68% of the companies in the industry
Number of employees10No. 1274 of 1,357
Better than 6% of the companies in the industry

Industry median: gross profit DKK 3.3m, net profit DKK 316k, equity DKK 1.3m, 5 employees.

DKK 100kDKK 805kDKK 6.5mDKK 52.2mDKK 209.5mHere
Distribution of gross profit for 1,334 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. 9,431of 69,742
Better than 86%
No. 22,153of 69,964
Better than 68%
Same industry and fewer than 20 employees1,152 companies in the comparison
No. 195of 1,152
Better than 83%
No. 263of 1,152
Better than 77%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 8,138of 24,791
Better than 67%
No. 13,616of 24,909
Better than 45%
All companies of type ApS66,508 companies in the comparison
No. 10,217of 66,379
Better than 85%
No. 18,471of 66,505
Better than 72%

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

Plumbing, heat and air-conditioning installation
Gross profit
  1. VVS Ingo Olsen ApSDKK 6.6m
  2. Wicotec Kirkebjerg A/SDKK 419.7m
  3. Andersen & Heegaard A/SDKK 391.6m
Net profit
  1. VVS Ingo Olsen ApSDKK 732k
  2. Wicotec Kirkebjerg A/SDKK 115.1m
  3. Andersen & Heegaard A/SDKK 32.5m
Equity
  1. VVS Ingo Olsen ApSDKK 2.4m
  2. Wicotec Kirkebjerg A/SDKK 494.9m
  3. Andersen & Heegaard A/SDKK 88.2m
Employees
  1. VVS Ingo Olsen ApS10
  2. Wicotec Kirkebjerg A/S1,495
  3. Andersen & Heegaard A/S251

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
  • MIO Ringsted ApS66.67%
  • M.E.M.O. Holding ApS20%
VVS Ingo Olsen ApS

Management

1 active registrations

Executive management

Executive management at VVS Ingo Olsen ApS
NameRoleAppointed
Michael Ingo Skaarup OlsenDirector01/05/2018
Founders
Ole Olsen
Former management (1)
Former management at VVS Ingo Olsen ApS
NameRoleAppointedResigned
Ole OlsenDirector17/05/200201/04/2021

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Vibevej 20
4100 Ringsted

Ringsted Municipality · Postcode 4100

Production units
Production unitAddressEmployeesP number
VVS INGO OLSEN ApSVibevej 20, 4100 Ringsted101009128383

Purpose

Selskabets formål er at drive VVS-virksomhed, handel samt finansiering.

The purpose is quoted from the register in Danish.

Changes year by year

24 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20245 changesownership 3 · accounts 1 · address 1
  • MIO Ringsted ApS registered as owner (66.67%)
  • M.E.M.O. Holding ApS registered as owner (20%)
  • MIO Ringsted ApS is no longer registered as owner
  • Annual report for 2023 published
  • Moved to Vibevej 20, 4100 Ringsted
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesmanagement 1 · ownership 3 · accounts 1
  • Ole Olsen stepped down as director
  • MIO Ringsted ApS registered as owner (100%)
  • HOO HOLDING ApS is no longer registered as owner
  • MIO Ringsted ApS is no longer registered as owner
  • Annual report for 2020 published
20182 changesaddress 1 · management 1
  • Moved to Vibevej 20, 4100 Ringsted
  • Michael Ingo Skaarup Olsen appointed director
20163 changesownership 3
  • HOO HOLDING ApS registered as owner (10%)
  • MIO Ringsted ApS registered as owner (90%)
  • HOO HOLDING ApS is no longer registered as owner
20081 changeindustry 1
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20031 changeownership 1
  • HOO HOLDING ApS registered as owner (100%)
20022 changesfounded 1 · management 1
  • Registered as VVS INGO OLSEN ApS
  • Ole Olsen appointed director

Related companies

Same industry in Ringsted

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

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