OverviewSuggest Edit

va-Q-tec is a provider of tech products and solutions in the field of thermal insulation and temperature-controlled (TempChain) logistics. The company develops, manufactures, and sells thin vacuum insulation panels (VIPs) and phase change materials (PCMs​) for temperature control and insulation. In addition, va-Q-tec manufactures passive thermal packaging solutions: containers and boxes. The company serves healthcare, logistics, appliances, food, technics and industry, building, and mobility markets.

TypePublic
Founded2001
HQWürzburg, DE
Websiteva-q-tec.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2020)519(+12%)
Revenue (FY, 2020)€72.1 M(+12%)
Share Price (Nov 2021)€26(-2%)
Cybersecurity ratingBMore
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Key People/Management at va-Q-tec

Joachim Kuhn

Joachim Kuhn

Chief Executive Officer, Founder
Stefan Döhmen

Stefan Döhmen

Chief Financial Officer, va-Q-tec AG​
Sven Larsen

Sven Larsen

Chief Financial Officer, va-Q-tec Ltd
Edgardo Ipar

Edgardo Ipar

Managing Director, va-Q-tec Uruguay, Director of Sales Latin America
Insook Yoo

Insook Yoo

Head of Global Business Development Representative Director, va-Q-tec Korea Ltd. Executor, va-Q-tec Japan G.K.
Gerald Hommel

Gerald Hommel

Chairman of the Supervisory Board
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va-Q-tec Office Locations

va-Q-tec has offices in Würzburg, Kölleda, Langhorne, Tokyo and in 5 other locations
Würzburg, DE (HQ)
Alfred-Nobel-Straße 33
Kölleda, DE
Heinrich-Hertz-Straße 3
Tokyo, JP
5-13-1 Toranomon, Minatoku, 7F Toranomon 40MT building
Incheon, KR
13-52, Bukhangro, 120beon-gil
Singapore, SG
5 Changi North Street 1
Zürich, CH
Lavaterstrasse 40
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va-Q-tec Financials and Metrics

va-Q-tec Revenue

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va-Q-tec's revenue was reported to be €72.11 m in FY, 2020 which is a 11.5% increase from the previous period.
EUR

Revenue (H1, 2021)

47.3m

Gross profit (H1, 2021)

22.3m

Gross profit margin (H1, 2021), %

47.1%

Net income (H1, 2021)

1.5m

EBITDA (H1, 2021)

9.1m

EBIT (H1, 2021)

2.6m

Market capitalization (9-Nov-2021)

345.9m

Closing stock price (9-Nov-2021)

26.0

Cash (30-Sept-2021)

8.2m
va-Q-tec's current market capitalization is €345.9 m.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

50.7m64.7m72.1m

Revenue growth, %

(12%)28%12%

Cost of goods sold

18.8m25.3m25.4m

Gross profit

31.9m39.3m46.7m
Half Year
EURH1, 2019H1, 2020H1, 2021

Revenue

31.3m35.7m47.3m

Cost of goods sold

13.8m16.6m25.0m

Gross profit

17.4m19.1m22.3m

Gross profit Margin, %

56%54%47%
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

12.2m7.5m17.1m

Accounts Receivable

7.6m6.7m6.5m

Inventories

10.9m10.7m11.6m

Current Assets

32.2m27.0m37.8m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

7.9m7.7m6.3m9.2m10.3m10.7m11.4m8.0m8.2m

Accounts Receivable

9.1m8.5m7.6m7.5m8.8m5.5m8.4m9.5m9.4m

Inventories

11.4m10.7m11.3m11.0m12.2m12.1m14.2m17.4m19.8m

Current Assets

29.9m28.8m27.5m30.4m34.1m31.2m37.5m40.0m43.7m
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

(7.7m)(2.6m)(1.4m)

Depreciation and Amortization

9.9m12.2m12.3m

Inventories

(2.4m)333.0k(981.0k)

Accounts Payable

(1.3m)127.0k1.6m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(1.1m)(780.0k)(2.0m)(534.0k)(350.0k)(1.1m)1.1m1.5m1.7m

Depreciation and Amortization

2.9m5.9m8.9m3.0m6.0m9.2m3.2m6.5m9.9m

Inventories

(387.0k)415.0k(160.0k)(165.0k)(1.5m)(1.4m)(2.6m)(5.8m)(8.1m)

Accounts Payable

499.0k(590.0k)(171.0k)483.0k1.3m(262.0k)1.1m1.7m364.0k
EURFY, 2018

Revenue/Employee

114.2k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x
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va-Q-tec Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020Jan, 2021

Container Fleet

2 k2.5 k

Vacuum Insulation Panels Produced

1.8 m1.8 m1.8 m

Industrial Property Rights

170170170180

Partners

18
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va-Q-tec Acquisitions / Subsidiaries

Company NameDateDeal Size
va-Q-tec Inc
va-Q-tec Japan G.K.
va-Q-tec (Korea) Ltd
va-Q-tec Ltd
va-Q-tec SG Pte. Ltd.
va-Q-tec Switzerland AG
va-Q-tec Uruguay S.A.

va-Q-tec Revenue Breakdown

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va-Q-tec revenue breakdown by business segment: 45.3% from Services, 27.1% from Systems, 25.4% from Products and 2.3% from Other

va-Q-tec revenue breakdown by geographic segment: 28.7% from Rest of EU, 29.0% from Germany and 42.3% from Other

Human Capital Metrics

va-Q-tec's employees are reported to be approximately 29% female and 71% male.
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va-Q-tec Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

va-Q-tec Online and Social Media Presence

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va-Q-tec News and Updates

Strongest half-year in the company’s history: va-Q-tec continues top performance with broad-based growth

va-Q-tec AG (ISIN DE0006636681 / WKN 663668), a pioneer in highly efficient products and solutions in the area of thermal insulation (so-called super insulation) and temperature-managed supply chains (so-called TempChain logistics), recorded the strongest half-year in the company’s history in H1 202…

va-Q-athlete Leonie Beck shows strong performance at Tokyo 2021 Olympic Games

It’s the highlight of her swimming career: Leonie Beck competed in the Olympic 10km open water swimming event in Tokyo on August 3rd. After a strong race, in which she led the starting field over long distances, she fought her way to 5th place in challenging competition conditions. va-Q-tec has been…

New generation of high-tech insulation panels revolutionizes energy efficiency of industrial high-temperature applications

va-Q-tec expands its portfolio with the new vacuum insulation panel (VIP) va-Q-steel. This insulation panel reveals a completely new high-performance category in the industrial sector with previously unattained insulation values in high-temperature applications of up to +400 °C.

va-Q-tec expands worldwide airline partner network with Turkish Cargo

va-Q-tec has secured the air cargo airline Turkish Cargo as another partner within its global network. The airline is currently the fastest growing air cargo carrier in the world.

Russian corona vaccine shipped to India in va-Q-tainers

The Corona wave in India is still considered one of the worst outbreaks since the beginning of the pandemic. In addition to various oxygen supplies, vaccines are the most important means of combating the further spread of the virus.

va-Q-tec creates CO2 balance sheet 2021 in accordance with the UN Greenhouse Gas Protocol and thus sets new standards for transparency of climate neutrality

va-Q-tec, pioneer of highly efficient solutions in the field of thermal insulation and temperature-controlled supply chains, has calculated its CO2 emissions for the year 2021 according to the UN Greenhouse Gas Protocol (GHG).
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va-Q-tec Frequently Asked Questions

  • When was va-Q-tec founded?

    va-Q-tec was founded in 2001.

  • Who are va-Q-tec key executives?

    va-Q-tec's key executives are Joachim Kuhn, Stefan Döhmen and Sven Larsen.

  • How many employees does va-Q-tec have?

    va-Q-tec has 519 employees.

  • What is va-Q-tec revenue?

    Latest va-Q-tec annual revenue is €72.1 m.

  • What is va-Q-tec revenue per employee?

    Latest va-Q-tec revenue per employee is €138.9 k.

  • Who are va-Q-tec competitors?

    Competitors of va-Q-tec include BillerudKorsnas, Cold Chain Technologies and Isolite Insulating Products.

  • Where is va-Q-tec headquarters?

    va-Q-tec headquarters is located at Alfred-Nobel-Straße 33, Würzburg.

  • Where are va-Q-tec offices?

    va-Q-tec has offices in Würzburg, Kölleda, Langhorne, Tokyo and in 5 other locations.

  • How many offices does va-Q-tec have?

    va-Q-tec has 9 offices.