VELUX A/S — Financial report

CVR 30003519

Latest financial period

  • 2025 • 2025-01-01 • 2025-12-31 • entity • DKK • 18247000000 • 1147000000 • -466000000 • 754000000 • 12552000000 • 4836000000 • 1432

Financial history

  • 2024 • 2024-01-01 • 2024-12-31 • entity • DKK • 18007000000 • 1328000000 • -93000000 • 566000000 • 12289000000 • 4317000000 • 1435
  • 2023 • 2023-01-01 • 2023-12-31 • entity • DKK • 17929000000 • 1210000000 • -36000000 • 618000000 • 11551000000 • 2141000000 • 1311
  • 2022 • 2022-01-01 • 2022-12-31 • entity • DKK • 18184000000 • 1335000000 • 1000000 • 639000000 • 10916000000 • 2143000000 • 1299
  • 2021 • 2021-01-01 • 2021-12-31 • entity • DKK • 16372000000 • 120000000 • 691000000 • 9101000000 • 2013000000 • 1241
  • 2020 • 2020-01-01 • 2020-12-31 • entity • DKK • 14618000000 • 274000000 • 903000000 • 7811000000 • 2146000000 • 1185
  • 2019 • 2019-01-01 • 2019-12-31 • entity • DKK • 13213000000 • 52000000 • 538000000 • 7943000000 • 2070000000 • 1193
  • 2018 • 2018-01-01 • 2018-12-31 • entity • DKK • 12772000000 • 247000000 • 764000000 • 8195000000 • 2256000000

Annual report highlights

  • primary activities • VELUX A/S is a 100% owned subsidiary of VKR Holding A/S and the main activity is to produce, market and sell roof windows and accessories hereto. • entity
  • development in activities and financial affairs • The income statement for 2025 shows a profit of DKK 754 million against a profit of DKK 566 million last year, and the balance sheet at 31 December 2025 shows equity of DKK 4,836 million. In the annual report for 2024, Management forecasted revenue and profit for 2025 slightly better than 2024. The financial year 2025 end in line with the expectations expressed in the annual report for 2024.Financial risksThe Company’s main risk concerns the ability of continuing as a leading supplier of roof windows for the markets where the Company is represented. The Company is also affected by the construction business cyclical conditions. The Company’s currency risks are handled according to the currency policy approved by the Board of directors. The Company does not have any significant risks regarding individual customers or collaborators beyond what is usual for the industry as well as common customer/supplier relationship. • entity
  • expected development • Management expects that 2026 will still be a challenging year for the building industry. However improvement in the economy is expected in 2026. Management forecast that revenue and profit for 2026 will be slightly better than in 2025. • entity
  • subsequent events • No events materially affecting the Company's financial position have occurred subsequent to the financial year-end. • entity
  • contingent liabilities • Contractual obligations The Company has entered into lease agreements with total contractual cash flows of DKKm 779, that falls due withing 12 years (2024: DKKm 875). The Company has entered into contractual obligations of DKKm 489 (2024: DKKm 350). Additionally, the Company has, as part of its normal course of business, entered into customary executory contracts. The Company has issued bank guarantees for a total of DKKm 46 (2024: DKKm 43). Contractual obligations against affiliated companies The rental commitment on agreements with affiliated companies for premises amounts to DKKm 418 that falls due within 12 years (2024: DKKm 199). 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. • entity