WMANasdaq CopenhagenBuilding Products & EquipmentIFRS · EUR

WindowMaster International A/S

WindowMaster International A/S is a Danish company that designs and supplies natural and mechanical ventilation solutions for buildings. Its business centers on control systems, actuators, and related components used to manage indoor climate in commercial and institutional properties.

Liikevoitto (EBIT)8,3milj. EUR
−53,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

−1000100200300milj. EUR2022: 241 milj. EUR2022: EBIT 3,3 milj. EUR20222023: 238 milj. EUR2023: EBIT −1,3 milj. EUR20232024: 294 milj. EUR2024: EBIT 18 milj. EUR20242025: EBIT 8,3 milj. EUR20258,3
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Ventilation control systems45 %

Control solutions that automate and manage opening, airflow, and indoor climate in buildings.

Actuators and drives30 %

Electromechanical devices that open and close windows or vents for ventilation control.

Sensors and accessories15 %

Sensors, interfaces, and related components used to measure and regulate ventilation performance.

Service and support10 %

Installation support, spare parts, and technical services for existing systems.

Asiakkaat

The company sells to building owners, developers, and contractors that specify ventilation and indoor-climate systems in new construction or renovation projects. It also serves consultants and system integrators that influence technical specifications for commercial buildings, schools, and public facilities.

Building owners and developers

Buy ventilation automation for commercial and institutional buildings to improve indoor climate and energy performance.

Contractors and installers

Purchase actuators, controls, and accessories as part of construction and retrofit projects.

Consultants and specifiers

Influence product selection by writing the technical requirements that determine which systems are installed.

System integrators

Use the company's components within broader building automation and ventilation packages.

Public institutions

Buy for schools, healthcare, and other facilities where ventilation and air quality are important.

Strategia

The company’s strategy is to compete on specialized ventilation technology that can be specified into building projects and integrated into modern indoor-climate systems. Its position depends on engineering capability, relationships with specifiers and contractors, and maintaining relevance in energy-efficient building design.

Specification-led growthKeskipitkä aikaväli

Winning the design-in stage increases the chance the company’s products are selected for a project.

Retrofit and energy-efficiency demandKeskipitkä aikaväli

Retrofitting buildings can create recurring demand for ventilation upgrades and controls.

Partner network executionLyhyt aikaväli

Installers and integrators are important channels for reaching end customers efficiently.

Maantiede

WindowMaster International A/S is based in Denmark and serves building markets across Europe and other international regions through a distribution and project-sales model. Its demand is tied to construction activity, retrofit spending, and building-code requirements in the markets where it operates.

Riskit

The business is exposed to construction-cycle swings because its products are often purchased as part of building projects and renovations. It also faces competition from alternative ventilation and building-automation solutions, and from changes in building regulations, technical standards, or customer preferences.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Construction-cycle dependence1Specification loss2Competitive pressure3Regulatory and standards risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Construction-cycle dependenceVaikutus: KorkeaTodennäköisyys: Korkea

    A large share of demand is tied to new-build and renovation project activity.

    Kohdistuu: Project sales to building owners and contractors

  2. Specification lossVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Products must be included early in design and tender stages to be selected.

    KohdistuuConsultantsEngineersContractors
  3. Competitive pressureVaikutus: KeskitasoTodennäköisyys: Korkea

    The company competes with other building-automation and ventilation suppliers.

    Kohdistuu: Pricing and channel share

  4. Regulatory and standards riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Ventilation products must fit changing building codes and performance requirements.

    Kohdistuu: Product design and market acceptance

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Project deliveries and installations may trigger revenue recognition at different points in time.

Vaikutus: Affects reported quarterly revenue and working-capital movements

Inventory valuation

Actuators, controls, and spare parts require valuation for obsolescence and slow-moving stock.

Vaikutus: Can influence gross profit and write-downs

Capitalized development costs

Product and control-system development may require judgment on capitalization versus expense.

Vaikutus: Changes reported assets and operating profit

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.10.2026