---
title: "VELUX Commercial Danmark A/S – Regnskab 2025 og nøgletal"
description: "VELUX Commercial Danmark A/S (CVR 17610708). Regnskabsperiode: 2025-01-01 – 2025-12-31. Bruttofortjeneste 26,5 mio. DKK, årets resultat 8,1 mio. DKK, egenkapital 44,9 mio. DKK."
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---

# VELUX Commercial Danmark A/S — Regnskab

VELUX Commercial Danmark A/S \(CVR 17610708\). Regnskabsperiode: 2025-01-01 – 2025-12-31. Bruttofortjeneste 26,5 mio. DKK, årets resultat 8,1 mio. DKK, egenkapital 44,9 mio. DKK.

CVR 17610708

## Seneste regnskabsperiode

- 2025 • 2025-01-01 • 2025-12-31 • entity • DKK • 26519000 • 10029000 • 8116000 • 67878000 • 44857000 • 21

## Regnskabshistorik

- 2024 • 2024-01-01 • 2024-12-31 • entity • DKK • 31205000 • 8659000 • 7417000 • 75687000 • 43741000 • 35

- 2023 • 2023-01-01 • 2023-12-31 • entity • DKK • 39561000 • 7441000 • 6208000 • 60041000 • 47499000 • 55

- 2022 • 2022-01-01 • 2022-12-31 • entity • DKK • 46780000 • 9680000 • 7458000 • 67088000 • 41291000 • 67

- 2021 • 2021-01-01 • 2021-12-31 • entity • DKK • 34013000 • -916000 • -1847000 • 49293000 • 33833000 • 62

- 2020 • 2020-01-01 • 2020-12-31 • entity • DKK • 30376000 • -4205000 • -3586000 • 50011000 • 35680000 • 65

- 2019 • 2019-01-01 • 2019-12-31 • entity • DKK • 104477000 • 31016000 • 24037000 • 67556000 • 53716000 • 64

- 2018 • 2018-01-01 • 2018-12-31 • entity • DKK • 112429000 • 7310000 • 5828000 • 48549000 • 33287000 • 62

- 2017 • 2017-01-01 • 2017-12-31 • entity • DKK • 96298000 • 6512000 • 5012000 • 40487000 • 26060000 • 58

## Højdepunkter fra årsrapporten

- primary activities • Velux Commercial Danmark A/S is a 100% owned subsidiary of VKR Holding A/S and the main activity is to produce, market and sell smoke and heat exhaust ventilations systems and skylight products. • entity

- development in activities and financial affairs • The income statement for 2025 shows a profit of DKK 8,116 thousand against a profit of DKK 7,417 thousand last year, and the balance sheet at 31 December 2025 shows equity of DKK 44,857 thousand. The sales volume increased by 6,7% but the margin was stable at the level of last year. The manufacturing and distribution agreement with VELUX A/S supported the increased net result. The Company is still part of the cash pool agree­ment with VELUX A/S to centralize the financial performance of the Group.In the annual report for 2024, Management expected a profit for 2025 in the level of DKK 7-9 million. Profit for the year is in line with the expected level from the annual report of 2024. • entity

- expected development • The Budget 2026 indicates increased net sales and improved margins, resulting in a higher operating result. While the market for new-build commercial construction is showing signs of stagnation, the Company sees growing opportunities within the renovation segment.

This development is driven by increasingly progressive real estate investors, as well as tightening regulatory requirements stemming from EU directives, which are expected to accelerate demand for upgrading and modernizing existing building stock.

A potential risk remains the overall uncertainty in the global economy, driven by the ongoing conflict between Russia and Ukraine, as well as continued instability in the Middle East. Furthermore, the prolonged winter at the beginning of 2026 delayed activity and impacted results early in the year, however, it is expected to be recovered in the financial year.

Management expect a result for 2026 in the level of DKK 7-9 million. • entity

- subsequent events • No events materially affecting the Company's financial position have occurred subsequent to the financial year-end. • entity

- contingent liabilities • DKK'00020252024

Guarantees387416

Rental obligations432188

Lease obligations \(operating leases\)2,8873,830

3,706

4,434

Contractual obligations against affiliated companies

The Company is jointly taxed with other Danish companies in the VKR Group. The Company has unlimited joint and several liabilities with the other jointly Danish taxed companies for company taxes, interest thereon etc. and for Danish tax withheld at source for dividend, interest and royalties within the joint taxation group.

The jointly taxed entities' total known net liability in respect of corporation taxes and withholding taxes payable on dividend, interest and royalties can be found in the parent company annual report. Any subsequent corrections of income subject to joint taxation and withholding taxes, etc., may entail that the entities' liability will increase. • entity