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Driftsselskabet VKF A/S

Public limited companyCVR 35956719HasselagerActive

Driftsselskabet VKF A/S is a public limited company, based in Hasselager, active in wholesale of hardware, heating equipment and supplies, founded in 1917. The company went from a profit in 2024 to a loss of DKK 37.6m in 2025. Operations are spread over 6 production units in 5 towns. Equity fell to DKK 44.5m in 2025.

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Key figures · financial year 2025

Gross profitDKK 9.7m−80.5% vs. 2024
Net profit−DKK 37.6m−101,021.1% vs. 2024
EquityDKK 44.5m−45.8% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 80% (2024 → 2025), to DKK 9.7m.
  • Net profit went from a profit of DKK 37,290 to a loss of DKK 37.6m (2024 → 2025).
  • Equity fell 46% (2024 → 2025), to DKK 44.5m.

Employees

  • 54 fewer employees than a year earlier: 3 (07/2026) against 57 (07/2025).

Management and owners, last 24 months

  • New in management: Andreas Borup Christensen (director, 02/01/2025).
  • Stepped down: Erik Løber (board member, 13/12/2024) and Morten Højen Larsen (director, 02/01/2025).

Registrations, last 24 months

  • 30/03/2026: Name changed from BRØDRENE KIER A/S to Driftsselskabet VKF A/S

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
EquityNet profit
Financial figures for Driftsselskabet VKF A/S
202020212022202320242025Change
Revenue293,324389,382503,155365,199not statednot stated–
Gross profit43,07268,04359,96737,60649,5999,688−80.5%
Operating profit (EBIT)2,36621,77514,835−6,4003,179−33,275−1,146.6%
Profit before tax2,04022,08515,072−7,040858−34,230−4,088.2%
Net profit1,55817,62011,988−5,66237−37,633−101,021.1%
Total assets131,766170,687178,322152,753174,423128,544−26.3%
Equity62,13279,75289,74082,07882,11644,482−45.8%
Liabilities69,63490,93588,58170,67492,30784,062−8.9%
Cash and cash equivalents1179764502870+149.4%
Average number of employees706867676455−14.1%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (219 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 46% from 2024 to 2025 (DKK 82.1m to DKK 44.5m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Driftsselskabet VKF A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/08/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202205/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202113/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/05/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
01020304050607008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

219 companies in the database

Comparison with the other companies in wholesale of hardware, heating equipment and supplies based on the latest financial year.

Gross profitDKK 9.7mNo. 88 of 217
Better than 60% of the companies in the industry
EquityDKK 44.5mNo. 26 of 219
Better than 89% of the companies in the industry
Number of employees3No. 22 of 219
Better than 90% of the companies in the industry

Industry median: gross profit DKK 6.9m, net profit DKK 840k, equity DKK 6.4m, 8 employees.

DKK 154kDKK 1.4mDKK 12.4mDKK 111.2mDKK 480.2mHere
Distribution of gross profit for 208 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 5,067of 69,742
Better than 93%
No. 3,355of 69,964
Better than 95%
Same industry and fewer than 20 employees167 companies in the comparison
No. 40of 167
Better than 77%
No. 3of 167
Better than 99%
Companies that are at least 30 years old10,276 companies in the comparison
No. 4,236of 10,152
Better than 58%
No. 2,175of 10,275
Better than 79%
All companies of type A/S18,025 companies in the comparison
No. 9,122of 17,786
Better than 49%
No. 3,858of 18,024
Better than 79%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Wholesale of hardware, heating equipment and supplies
Gross profit
  1. Driftsselskabet VKF A/SDKK 9.7m
  2. Saint-gobain Distribution Denmark A/SDKK 997.9m
  3. Ahlsell Danmark A/SDKK 730.1m
Net profit
  1. Driftsselskabet VKF A/S−DKK 37.6m
  2. Saint-gobain Distribution Denmark A/SDKK 4.7m
  3. Ahlsell Danmark A/S−DKK 26.6m
Equity
  1. Driftsselskabet VKF A/SDKK 44.5m
  2. Saint-gobain Distribution Denmark A/SDKK 399.2m
  3. Ahlsell Danmark A/SDKK 611m
Employees
  1. Driftsselskabet VKF A/S3
  2. Saint-gobain Distribution Denmark A/S822
  3. Ahlsell Danmark A/S764

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Vilhelm Kiers Fond100%
Driftsselskabet VKF A/S

Management

4 active registrations

Executive management

Executive management at Driftsselskabet VKF A/S
NameRoleAppointed
Andreas Borup ChristensenDirector02/01/2025

Board of directors

Board of directors at Driftsselskabet VKF A/S
NameRoleAppointed
Troels Højgaard JensenBoard member28/05/1998
Gitte NørgaardBoard member11/05/2012
Henrik HübnerChair of the board29/05/2019
Former management (14)
Former management at Driftsselskabet VKF A/S
NameRoleAppointedResigned
Georg Vilhelm LøberBoard member04/06/191708/12/2007
Helge Gustav LorentzenBoard member04/06/191721/10/1991
Erik RahbekBoard member04/06/191723/05/1995
Kaj MogensenDirector04/06/191731/12/2000
Thorkild SimonsenBoard member23/05/199504/11/1997
Jens Erik Hviid-NielsenCEO01/01/200003/02/2003
Erik LøberBoard member15/06/200013/12/2024
Steen Vilhelm RavnDirector03/02/200301/03/2015
Erik HøjsholtChair of the board23/01/200825/06/2010
Poul Johannes JensenChair of the board02/02/201528/05/2019
Peter Arndrup PoulsenDirector01/03/201501/01/2016
Stephan AndersenCEO01/01/201631/07/2018
Morten Højen LarsenDirector01/04/201802/01/2025
Poul Johannes JensenBoard member29/05/201930/11/2020

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af en direktør alene

Address and production units

6 active production units

Beringvej 25
8361 Hasselager

Aarhus Municipality · Postcode 8361

Production units
Production unitAddressEmployeesP number
BRØDRENE KIER A/SÅbogade 5-7, 8200 Aarhus N41003048527
brødrene kier a.sAlrøvej 6, 8700 Horsens31022959235
BRØDRENE KIER A/SDanmarksvej 32G, 8660 Skanderborg21001879383
BRØDRENE KIER A/SHolmboes Alle 14, 8700 Horsens11003048539
BRØDRENE KIER A/STolderlundsvej 113-115, 5000 Odense C11017882011
Driftsselskabet VKF A/SBeringvej 25, Kattrup, 8361 Hasselager11003048515

Purpose

Selskabets formål er at drive handel

The purpose is quoted from the register in Danish.

Changes year by year

46 registered events
20262 changesaccounts 1 · name 1
  • Annual report for 2025 published
  • Name changed from BRØDRENE KIER A/S to Driftsselskabet VKF A/S
20253 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Andreas Borup Christensen appointed director
  • Morten Højen Larsen stepped down as director
20242 changesmanagement 1 · accounts 1
  • Erik Løber stepped down as board member
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 1 · capital 1 · ownership 2
  • Poul Johannes Jensen stepped down as board member
  • Share capital changed from 6,000,000 DKK to 6,100,000 DKK
  • VILHELM KIERS FOND registered as owner (100%)
  • VILHELM KIERS FOND is no longer registered as owner
20193 changesmanagement 3
  • Henrik Hübner appointed chair of the board
  • Poul Johannes Jensen appointed board member
  • Poul Johannes Jensen stepped down as chair of the board
20182 changesmanagement 2
  • Stephan Andersen stepped down as ceo
  • Morten Højen Larsen appointed director
20162 changesmanagement 2
  • Stephan Andersen appointed ceo
  • Peter Arndrup Poulsen stepped down as director
20153 changesmanagement 3
  • Peter Arndrup Poulsen appointed director
  • Steen Vilhelm Ravn stepped down as director
  • Poul Johannes Jensen appointed chair of the board
20121 changemanagement 1
  • Gitte Nørgaard appointed board member
20101 changemanagement 1
  • Erik Højsholt stepped down as chair of the board
20082 changesmanagement 1 · industry 1
  • Erik Højsholt appointed chair of the board
  • Industry changed to Engroshandel med isenkram, varmeanlæg og tilbehør (467400)
20071 changemanagement 1
  • Georg Vilhelm Løber stepped down as board member
20051 changeaddress 1
  • Moved to Beringvej 25, Kattrup, 8361 Hasselager
20032 changesmanagement 2
  • Steen Vilhelm Ravn appointed director
  • Jens Erik Hviid-Nielsen stepped down as ceo
20003 changesmanagement 3
  • Kaj Mogensen stepped down as director
  • Erik Løber appointed board member
  • Jens Erik Hviid-Nielsen appointed ceo
19981 changemanagement 1
  • Troels Højgaard Jensen appointed board member
19971 changemanagement 1
  • Thorkild Simonsen stepped down as board member
19952 changesmanagement 2
  • Thorkild Simonsen appointed board member
  • Erik Rahbek stepped down as board member
19911 changemanagement 1
  • Helge Gustav Lorentzen stepped down as board member
19851 changeownership 1
  • VILHELM KIERS FOND registered as owner (100%)
19175 changesfounded 1 · management 4
  • Registered as BRØDRENE KIER A/S
  • Kaj Mogensen appointed director
  • Georg Vilhelm Løber appointed board member
  • Erik Rahbek appointed board member
  • Helge Gustav Lorentzen appointed board member

Related companies

Same industry in Aarhus

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction