VKR Holding
VKR Holding is a Danish-owned industrial group that develops and owns companies making building components intended to bring daylight and fresh air into buildings.
Last updated September 25, 2026
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Overview
VKR Holding is the holding company behind the VKR Group, a Danish industrial group whose businesses serve the building sector. The group traces its origins to 1941, when engineer Villum Kann Rasmussen founded the company and developed the VELUX roof window. Its stated mission is to create value through ownership of companies that bring daylight, fresh air, and a better environment into everyday life. It describes its work as transforming spaces through daylight and fresh air, with attention to healthier indoor environments and the well-being of people and the planet. The group’s business areas are connected to building components and indoor environments. The supplied corporate material highlights the VELUX and DOVISTA Groups as business areas with responsibility for serving customers. Other supplied group information identifies activities including roof windows, façade windows, thermal solar energy, decoration and solar protection, ventilation, and indoor climate. VELFAC and Svenska Fönster are among the companies reported as part of the group. The group’s product principles include contributing to a lower carbon footprint, promoting healthy indoor climates, bringing nature indoors, and increasing recyclability. VKR Holding is owned by members of the founding family and the philanthropic Villum Foundation. The group describes a three-tier governance structure involving shareholders, VKR Holding, and its business areas, and says it delegates substantial decision-making to the VELUX and DOVISTA Groups. Its business philosophy draws on the Model Company Objective, formulated by Villum Kann Rasmussen in 1965, which links useful products and responsible treatment of stakeholders with profitability sufficient to support growth and financial independence. The company is based in Hørsholm, Denmark, and presents itself as an international group. Its current corporate communication emphasizes responsible ownership, sustainable growth, governance, and building products that support daylight, fresh air, and healthier spaces. The official homepage reports solid 2025 performance amid challenging market conditions, with revenue growth attributed to acquisitions and initiatives across business areas and operating profit in line with the previous year.
History
VKR Holding’s history begins with the work of Danish engineer Villum Kann Rasmussen. Born in 1909, Rasmussen studied structural engineering and graduated in 1932. The company’s official history describes his engineering practice as experimental and inventive: it says that he registered 55 patents and nine designs in Denmark alone. His work was guided by an interest in using technical innovation to improve people’s everyday lives. Rasmussen founded the VKR Group in 1941. During the 1940s, amid the turbulence of the Second World War, he developed the first VELUX roof windows for several school buildings. The roof-window idea became a defining part of the group’s identity and its later focus on bringing daylight and fresh air into buildings. The company’s current account presents that founding vision as the origin of a broader mission to support a healthier environment and better everyday living through building products. In 1965, Rasmussen formulated the Model Company Objective, which remains a central part of the group’s stated business philosophy. It calls for developing model companies that cooperate in an exemplary manner, make products and provide solutions useful to society, treat stakeholders responsibly, and earn profits that can finance growth while preserving financial independence. VKR says that this objective informs its approach to responsible business, governance, and sustainability. The group also identifies a 1992 employee magazine, Lyspunktet, as an early marker of its sustainability commitment. The group subsequently developed a portfolio of businesses serving the building sector. Supplied group information describes areas spanning roof windows, façade windows, thermal solar energy, decoration and solar protection, ventilation, and indoor climate. It identifies VELFAC as a producer of windows and façade systems and reports that Svenska Fönster joined the group in 2000. The available evidence also names the VELUX and DOVISTA Groups as business areas within the contemporary governance and operating structure. VKR Holding’s ownership and governance reflect its combination of family ownership and philanthropic ownership. The official governance account says the group is owned by members of the founding family and the Villum Foundation. It describes a three-tier structure that sets collaboration rules among shareholders, VKR Holding, and the business areas, with decision-making delegated as far as possible to the VELUX and DOVISTA Groups so that they can serve customers. VKR Holding states that its group-wide policies cover subjects including anti-corruption, competition law, data privacy, ESG, legal compliance, risk management, sanctions and export control, tax, and treasury; it also has policies for responsible investment and diversity and inclusion that apply to VKR Holding itself. In its current corporate presentation, VKR Holding describes the group’s purpose as creating value through ownership of companies that bring daylight, fresh air, and a better environment into people’s lives. It frames product development around lower carbon footprints, healthy indoor climates, bringing nature indoors, and recyclability. The official homepage reports that the group delivered solid results in 2025 despite challenging market conditions, with revenue growth attributed to acquisitions and proactive initiatives across business areas and operating profit in line with the prior year. The supplied evidence does not give further details of those acquisitions.
- 2025
Group reports solid performance
- 2000
Svenska Fönster reported as joining the group
- 1992
Sustainability commitment noted in employee magazine
- 1965
Model Company Objective formulated
- 1941
Villum Kann Rasmussen founds the VKR Group
- 1940
First VELUX roof windows developed for school buildings
Products and positioning
A purpose-led owner of building-product businesses focused on daylight, fresh air, healthier indoor environments, and responsible, sustainable operation.
VELUX roof windows
The roof-window product developed by founder Villum Kann Rasmussen and a defining offering associated with the group.
Windows and façade systems
The supplied group information identifies VELFAC as a producer of windows and façade systems.
Thermal solar energy, solar protection, ventilation, and indoor-climate offerings
These are among the business areas listed in the supplied account of the group.
Brand decisions
- Governance and delegation to business areasOther
- Model Company Objective and responsible operationOther
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