Vølund Varmeteknik

What Vølund Varmeteknik does

Vølund operates a hardware-led revenue model, with one-time sales of heat pump and heating equipment (starting from 125,000 DKK for air-to-water and 160,000 DKK for ground source systems) layered with annual service subscriptions for inspection, maintenance, and emergency support, plus custom B2B project solutions for commercial, agricultural, and industrial customers through a dedicated project sales team. Distribution is exclusively indirect through a nationwide network of certified VVS-installatører (plumbing and heating installers) and specialized dealers, supplemented by a direct inside-sales/field-sales motion for larger projects. The company also runs the Vølund Academy (Akademiet) for installer training, a website-driven content and quote-request funnel, and publishes case studies to drive demand. No public revenue, headcount growth, or funding figures are disclosed.

Name

Vølund Varmeteknik

Legal name

Vølund Varmeteknik

Website

https://volundvt.dk

Company type

Private

Founded year

1880

Operating status

Operating

Headcount range

11–50 employees

Short description

Vølund Varmeteknik is a Danish heat pump and heating solutions provider, serving residential, commercial, industrial, agricultural, and public-sector customers across Denmark through a certified VVS-installer channel and direct project sales.

Ownership category

akta.pro rank

Product category

Heat Pump Systems / HVAC Equipment

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (423720), Plumbing, Heating, and Air-Conditioning Contractors (23822)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Steam & Air-Conditioning Supply (4961), Pumps & Pumping Equipment (3561)

akta.pro primary industry

Heat Pumps (Air/Water/Ground Source) (IMAHAKAF)

akta.pro secondary industries

Heat Pump Repair & Maintenance (HSAOAHAD), HVAC, Water Heaters & Indoor Air Quality Distribution (CRAOAFAJ), Heat Pump & Smart HVAC Controller Integration (HSAOANAD), HVAC & Refrigeration Contracting (IMAFALAB)

Keywords

• Heat pump solutions
• Residential heating systems
• Commercial heat pumps
• Ventilation heat pumps
• District heating units

Headquarters

HQ city

Herning

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Heat Pump and Heating Equipment Sales: One-time sale of heat pumps, ventilation systems, hot water tanks, and related heating equipment to end customers through authorized installers. Products include ground source heat pumps (from 160,000 DKK), air-to-water heat pumps (from 125,000 DKK), and commercial solutions.
2. Service Subscriptions: Annual service subscription packages for both private customers and businesses. Includes annual inspection, maintenance, emergency support, and telephone assistance. Provides recurring revenue and customer retention.
3. Project Solutions for Business: Custom project design, consultation, and installation services for larger commercial, agricultural, and industrial heating projects. Includes dimensioning, system design, and ongoing support.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Vølund Varmeteknik manufactures and distributes a portfolio of heat pump-based heating, hot water, and ventilation products, including ground source heat pumps (jordvarmepumper), air-to-water heat pumps (luft-til-vand), air-to-air heat pumps (luft-til-luft), residential ventilation heat pumps, district heating units, and commercial UniPACK units. Products are sold and installed exclusively through authorized VVS-installers across Denmark, with a dedicated project division serving commercial, industrial, agricultural, and public-sector customers. Recurring service subscriptions and project consulting/dimensioning services supplement the equipment business.

Product overview

Vølund Varmeteknik offers a comprehensive portfolio of heating solutions centered on heat pump technology. The core product range includes ground source heat pumps (jordvarmepumper such as S1256), air-to-water heat pumps (luft-til-vand including S2125, F-series models, and wall-mounted solutions), and air-to-air heat pumps (Fighter series). The company provides specialized commercial/industrial units (UniPACK 51-160 kW) and residential ventilation heat pumps (S735 with integrated hot water). Supporting products include hot water tanks (VPB, VVM/VVMS series), accumulation tanks, district heating units, and control modules (SMO series). The S-series products feature built-in Wi-Fi and Smart Home technology with the myUplink cloud platform for remote control and optimization including Smart Price Adaption. Products are sold exclusively through authorized specialist installers across Denmark with service subscription options.

Differentiator

Problem solved

Functional benefit

Brands

• myUplink: Smart home platform for controlling and monitoring Vølund heat pumps via smartphone or tablet.
• UniPACK
• S-Serie
• S735

Products and services

• S1256 Jordvarmepumpe (Ground Source Heat Pump) Ground source heat pump that utilizes solar energy stored in the earth to heat homes and larger commercial properties; described as the most energy-efficient and climate-friendly jordvarmepumpe in Vølund's history.
• S2125 Luft-til-vand varmepumpe (Air-to-Water Heat Pump) Air-to-water heat pump delivering up to five times more heating energy than the electricity it consumes, with intelligent control adapting to electricity prices and consumption patterns.
• UniPACK Luft-til-vand varmepumpe (Commercial/Industrial Air-to-Water Heat Pump) Compact commercial/industrial air-to-water heat pump series (51-160 kW) combining multiple heat pump capacities in one unit. Uses R290 natural refrigerant with GWP value of 0.02 and AdaptiveFunction Plus intelligent control.
• S735 Boligventilationsvarmepumpe (Residential Ventilation Heat Pump) Inverter-controlled residential ventilation heat pump with integrated hot water tank providing heating, hot water, and balanced ventilation in one system without requiring an outdoor unit. SCOP up to 4.5.
• Luft-til-luft varmepumpe (Air-to-Air Heat Pump) Air-to-air heat pump using outdoor air heat to provide room heating, suitable for all building types and particularly relevant for summer houses with electric heating.
• Fjernvarmeunits (District Heating Units) Intelligent district heating units that automatically adapt to user needs, delivering stable heat to radiators, floor heating, and domestic hot water while minimizing return temperature.
• F2050 Luft-til-vand varmepumpe Air-to-water heat pump model available in Vølund's product portfolio for residential heating.
• F2120 Luft-til-vand varmepumpe Air-to-water heat pump model used in commercial installations, including eight 20 kW units installed at Haarup Maskinfabrik.
• F2300 Luft-til-vand varmepumpe Large air-to-water heat pump model deployed in commercial projects, including five units installed at Sandersvig Camping for a tropical water park.
• Pellux Pillefyr (Pellet Boiler) Pellet-fired heating system offered as an alternative sustainable heating solution alongside the heat pump portfolio.
• Fighter Luft-til-luft varmepumpe Air-to-air heat pump product line for room heating across residential and small commercial buildings.
• Akkumuleringstanke (Accumulation Tanks) Storage tanks for accumulating heat from multiple heat sources such as ground source systems, solar heating, and pellet boilers.
• Varmtvandsbeholdere (Hot Water Tanks) Hot water storage tanks for domestic hot water supply, suitable for all building types including summer houses.
• Annual Service Subscription (Private and Business) Recurring annual service subscription covering yearly inspection, maintenance, emergency support, and telephone assistance, available nationwide across Denmark for both private customers and businesses.
• Project Solutions for Commercial, Industrial, Agricultural, and Public Sector

Quantifiable outcome

• Up to 50% savings on heating bills compared to oil heating
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature6 records

Partnerships

One partnership is on record.

• NIBE GroupcoreStrategic or Co-development PartnerVølund Varmeteknik is a member of the NIBE Group, a Scandinavian heating technology company. This affiliation provides strategic backing, technology synergies, and shared research and development capabilities within the heat pump and heating technology sector. The relationship enables knowledge sharing and potentially shared components or platforms across the group.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Daikin: Global HVAC and heat pump leader with strong Scandinavian presence, including Altherma air-to-water heat pumps; competes directly for the same Danish installer-channel customers.
• Stiebel Eltron: German manufacturer of heat pumps and heating technology with active distribution in Denmark; competing product range (ground source, air-to-water, air-to-air) and installer focus.
• Bosch Thermotechnology: Major global HVAC incumbent offering heat pumps, boilers, and integrated heating systems in Denmark through established installer networks; comparable residential and commercial heat pump products.
• Viessmann: German heating technology company offering Vitocal heat pumps for residential and commercial use, sold across Northern Europe; comparable product family and installer-channel approach.
• Mitsubishi Electric: Major heat pump manufacturer with Ecodan and air-to-air lines widely distributed in Denmark through VVS installers; direct overlap in residential and commercial segments.
• Vaillant: European heating technology incumbent offering aroTHERM and other heat pumps, distributed in Denmark through installer networks; comparable residential and commercial heat pump lines.

Direct peers

• CTC: Swedish heat pump and heating manufacturer, also part of the broader Enertech group, with a very similar Nordic-focused product lineup (ground source, air-to-water, air-to-air) and installer distribution model.
• NIBE Energy Systems: NIBE Energy Systems is the parent group's own heat pump brand sold across Europe; directly comparable product portfolio (ground source, air-to-water, exhaust air heat pumps) and overlapping channel model.
• Thermia (Bahnhof): Swedish heat pump specialist with strong Nordic presence, offering ground source and air-to-water heat pumps sold through certified installers — directly comparable technology and channel.

Regional players

• IVT (Bosch): Originally a Swedish heat pump specialist now part of Bosch; ground source and air-to-water heat pumps sold across Nordic markets, historically a direct competitor to NIBE/Vølund in Sweden and Denmark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/Volundvt
• Facebookfacebook.com/VolundVarmeteknik
• LinkedInlinkedin.com/company/volund-varmeteknik

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vølund Varmeteknik