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Grundtvig Invest A/S

Public limited companyCVR 21581186Aarhus NActive

Grundtvig Invest A/S is a public limited company, based in Aarhus N, active in non-financial holding companies, founded in 1999. Net profit rose 170% from 2025 to 2026, ending at DKK 62.9m. With 5 employees, the company is about 5 times larger than the industry median. Gross profit is higher than that of 98% of the companies in the industry in the database.

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Key figures · financial year 2026

RevenueDKK 918.8m−1.8% vs. 2025
Net profitDKK 62.9m+170.2% vs. 2025
EquityDKK 622.6m+1.1% vs. 2025
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Revenue fell 2% (2025 → 2026), to DKK 918.8m.
  • Net profit rose 170% (2025 → 2026), to DKK 62.9m.
  • Equity rose 1% (2025 → 2026), to DKK 622.6m.

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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m202120222023202420252026
EquityNet profit
Financial figures for Grundtvig Invest A/S
202120222023202420252026Change
Revenue716,746899,201947,765955,685935,337918,804−1.8%
Gross profit364,848407,525422,592480,236440,272436,849−0.8%
Operating profit (EBIT)74,96180,27161,47566,64937,23944,007+18.2%
Profit before tax98,27590,14960,52381,09332,31672,046+122.9%
Net profit85,27579,30652,69071,98323,29762,942+170.2%
Total assets773,244926,924905,160924,104929,733976,137+5%
Equity535,147597,580597,810630,441615,729622,597+1.1%
Liabilities227,982317,492301,556–307,738337,856+9.8%
Cash and cash equivalents112,34868,50687,247120,72265,51973,646+12.4%
Average number of employees688764837879858874+1.9%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report.

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

−DKK 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m202120222023202420252026
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2022–2026.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

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 Grundtvig Invest A/S
Financial yearPeriodPublishedFigures forDocuments
202601/05/2025 – 30/04/202615/10/2026The groupPDF not statedXBRL
202501/05/2024 – 30/04/202521/10/2025The groupPDF not statedXBRL
202401/05/2023 – 30/04/202419/09/2024The groupPDFXBRL
202301/05/2022 – 30/04/202321/09/2023The groupPDFXBRL
202201/05/2021 – 30/04/202215/09/2022The groupPDFXBRL
202101/05/2020 – 30/04/202109/09/2021The groupPDFXBRL

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
012345609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profitDKK 436.8mNo. 45 of 2,093
Better than 98% of the companies in the industry
EquityDKK 622.6mNo. 120 of 2,138
Better than 94% of the companies in the industry
Number of employees5No. 26 of 2,138
Better than 99% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bnHere
Distribution of gross profit for 820 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. 83of 69,742
Better than 100%
No. 355of 69,964
Better than 99%
Same industry and fewer than 20 employees2,092 companies in the comparison
No. 35of 2,048
Better than 98%
No. 110of 2,092
Better than 95%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 121of 24,791
Better than 100%
No. 319of 24,909
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 326of 17,786
Better than 98%
No. 596of 18,024
Better than 97%

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

Non-financial holding companies
Gross profit
  1. Grundtvig Invest A/SDKK 436.8m
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Grundtvig Invest A/SDKK 62.9m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Grundtvig Invest A/SDKK 622.6m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Grundtvig Invest A/S5
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
  • GIAS Holding ApS100%
Grundtvig Invest A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Grundtvig Invest A/S
NameRoleAppointed
Lars KarlsmoseDirector15/10/2018

Board of directors

Board of directors at Grundtvig Invest A/S
NameRoleAppointed
Henrik GrundtvigChair of the board04/10/2007
Michael GrundtvigBoard member04/10/2007
Lars KarlsmoseBoard member07/03/2019
Founders
Henrik Grundtvig, Lars Grundtvig, Michael Grundtvig
Former management (2)
Former management at Grundtvig Invest A/S
NameRoleAppointedResigned
Lars GrundtvigDirector16/03/199907/03/2019
Lars GrundtvigBoard member04/10/200707/03/2019

Signing rule: Selskabet tegnes af 2 bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Johann Gutenbergs Vej 5
8200 Aarhus N

Aarhus Municipality · Postcode 8200

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
GRUNDTVIG INVEST A/SJohann Gutenbergs Vej 5, Skejby, 8200 Aarhus N51005043078

Purpose

Selskabets formål er gemmen besiddelse af ejerandele i datterselskaber at drive handel, industri og servicevirksomhed, samt at foretage investering i værdipapirer m.v.

The purpose is quoted from the register in Danish.

Changes year by year

35 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20251 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changemerger 1
  • Merger registered in CVR
20197 changesmerger 1 · management 3 · ownership 3
  • Merger registered in CVR
  • Lars Karlsmose appointed board member
  • Lars Grundtvig stepped down as board member
  • Lars Grundtvig stepped down as director
  • GIAS Holding ApS registered as owner (100%)
  • H-Grundtvig Holding ApS is no longer registered as owner
  • MG16 Holding ApS is no longer registered as owner
20183 changesownership 1 · address 1 · management 1
  • LYGIAS Holding ApS is no longer registered as owner
  • Moved to Johann Gutenbergs Vej 5, Skejby, 8200 Aarhus N
  • Lars Karlsmose appointed director
20172 changesownership 2
  • LYGIAS Holding ApS registered as owner (25%)
  • LYKKENSDAL HOLDING ApS is no longer registered as owner
20164 changesownership 4
  • H-Grundtvig Holding ApS registered as owner (33.33%)
  • MG16 Holding ApS registered as owner (33.33%)
  • MG HOLDING 2010 ApS is no longer registered as owner
  • HG HOLDING 2010 ApS is no longer registered as owner
20103 changesownership 3
  • MG HOLDING 2010 ApS registered as owner (33.33%)
  • LYKKENSDAL HOLDING ApS registered as owner (25%)
  • HG HOLDING 2010 ApS registered as owner (33.33%)
20075 changesname 1 · capital 1 · management 3
  • Name changed from GRUNDTVIG INVEST ApS to GRUNDTVIG INVEST A/S
  • Share capital changed from 200,000 DKK to 10,000,000 DKK
  • Lars Grundtvig appointed board member
  • Henrik Grundtvig appointed chair of the board
  • Michael Grundtvig appointed board member
20062 changesaddress 1 · name 1
  • Moved to Lykkensdalsvej 10, 8220 Brabrand
  • Name changed from SCANVAEGT INTERNATIONAL HOLDING ApS to GRUNDTVIG INVEST ApS
19992 changesfounded 1 · management 1
  • Registered as SCANVAEGT INTERNATIONAL HOLDING ApS
  • Lars Grundtvig appointed director

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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