Grundvad Maskinhandel A/S
Public limited companyCVR 10055857ViborgActive
Grundvad Maskinhandel A/S is a public limited company, based in Viborg, active in manufacture of other parts and accessories for motor vehicles, founded in 2000. Net profit rose 242% from 2019 to 2025, ending at DKK 1.1m. Equity fell to DKK 5.4m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesManagement and owners, last 24 months
- Stepped down: Kristian Pedholt Tind (board member, 12/11/2025).
- New owners registered: ML Holding Viborg ApS (11/12/2025).
- No longer registered as owner: ML Holding Viborg ApS (10/12/2025) and Kristian Tind Holding ApS (11/12/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Manufacture of other parts and accessories for motor vehicles (293200)
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 2018–2025 · amounts in DKK thousandEquity and net profit
| 2018 | 2019 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | 5,303 | 5,083 | 6,793 | +33.6% |
| Operating profit (EBIT) | 636 | 296 | 1,679 | +468% |
| Profit before tax | 754 | 388 | 1,416 | +264.6% |
| Net profit | 585 | 322 | 1,103 | +242.2% |
| Total assets | 17,460 | 17,487 | 18,681 | +6.8% |
| Equity | 13,814 | 13,137 | 5,420 | −58.7% |
| Liabilities | 3,525 | 4,247 | – | – |
| Cash and cash equivalents | 2,789 | 1,983 | 3,201 | +61.5% |
| Average number of employees | – | 12 | 12 | 0% |
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 2018, 2019, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022, 2023, 2024 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresEquity fell sharply
Equity fell 59% from 2019 to 2025 (DKK 13.1m to DKK 5.4m).
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
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/06/2024 – 31/05/2025 | 20/11/2025 | The company | PDF not statedXBRL |
| 2019 | 01/06/2018 – 31/05/2019 | 31/10/2019 | The company | PDFXBRL |
| 2018 | 01/06/2017 – 31/05/2018 | 09/11/2018 | The company | PDFXBRL |
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 CVRPosition in the industry
37 companies in the databaseComparison with the other companies in manufacture of other parts and accessories for motor vehicles based on the latest financial year.
Industry median: gross profit DKK 5.2m, net profit DKK 434k, equity DKK 5.4m, 12 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 8,963of 69,742 Better than 87% | No. 13,413of 69,964 Better than 81% |
| Same industry and fewer than 20 employees21 companies in the comparison | No. 1of 21 Better than 100% | No. 4of 21 Better than 85% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 7,937of 24,791 Better than 68% | No. 9,320of 24,909 Better than 63% |
| All companies of type A/S18,025 companies in the comparison | No. 10,685of 17,786 Better than 40% | No. 11,147of 18,024 Better than 38% |
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
Manufacture of other parts and accessories for motor vehicles- Grundvad Maskinhandel A/SDKK 6.8m
- Klokkerholm Karosseridele A/SDKK 169.4m
- Meneta Advanced Shims Technology A/SDKK 105.3m
- Grundvad Maskinhandel A/SDKK 1.1m
- Klokkerholm Karosseridele A/SDKK 70.4m
- Meneta Advanced Shims Technology A/SDKK 4.9m
- Grundvad Maskinhandel A/SDKK 5.4m
- Klokkerholm Karosseridele A/SDKK 174.1m
- Meneta Advanced Shims Technology A/SDKK 220.6m
- Grundvad Maskinhandel A/S13
- Klokkerholm Karosseridele A/S109
- Meneta Advanced Shims Technology A/S174
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Grundvad Maskinhandel Holding A/S66.67%
- ML Holding Viborg ApS20%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Flemming Pedholt Christensen | Director | 28/11/2000 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Flemming Pedholt Christensen | Board member | 05/10/2006 |
| Conny Christensen | Board member | 05/10/2006 |
| Martin Lindgaard | Board member | 17/11/2022 |
- Founders
- Chr. N. Christensen & Co. A/S
Former management (4)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jens Madsen | Chair of the board | 05/10/2006 | 03/10/2013 |
| Knud Christensen | Board member | 05/10/2006 | 03/10/2013 |
| Morten Kristensen | Board member | 03/10/2013 | 17/11/2022 |
| Kristian Pedholt Tind | Board member | 17/11/2022 | 12/11/2025 |
Signing rule: Selskabet tegnes af direktøren, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
1 active production unitsSyvagervej 2
8800 Viborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| GRUNDVAD MASKINHANDEL A/S | Syvagervej 2, 8800 Viborg | 13 | 1008112580 |
Purpose
Selskabets formål er at drive investeringsvirksomhed samt virksomhed med handel og reparation af landbrugsmaskiner og al i forbindelse dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
29 registered events20256 changesownership 3 · accounts 1 · management 1 · industry 1
- OwnershipML Holding Viborg ApS registered as owner (20%)
- OwnershipKristian Tind Holding ApS is no longer registered as owner
- OwnershipML Holding Viborg ApS is no longer registered as owner
- AccountsAnnual report for 2025 published
- ManagementKristian Pedholt Tind stepped down as board member
- IndustryIndustry changed to Manufacture of other parts and accessories for motor vehicles (293200)
20227 changesmanagement 3 · ownership 4
- ManagementMartin Lindgaard appointed board member
- ManagementKristian Pedholt Tind appointed board member
- ManagementMorten Kristensen stepped down as board member
- OwnershipML Holding Viborg ApS registered as owner (10%)
- OwnershipKristian Tind Holding ApS registered as owner (10%)
- OwnershipGRUNDVAD MASKINHANDEL HOLDING A/S registered as owner (66.67%)
- OwnershipGRUNDVAD MASKINHANDEL HOLDING A/S is no longer registered as owner
20191 changeaccounts 1
- AccountsAnnual report for 2019 published
20181 changeaccounts 1
- AccountsAnnual report for 2018 published
20133 changesmanagement 3
- ManagementMorten Kristensen appointed board member
- ManagementJens Madsen stepped down as chair of the board
- ManagementKnud Christensen stepped down as board member
20111 changeaddress 1
- AddressMoved to Syvagervej 2, 8800 Viborg
20081 changeindustry 1
- IndustryIndustry changed to Repair of machinery (331200)
20065 changesname 1 · management 4
- NameName changed from GRUNDVAD MASKINHANDEL ApS to GRUNDVAD MASKINHANDEL A/S
- ManagementConny Christensen appointed board member
- ManagementJens Madsen appointed chair of the board
- ManagementKnud Christensen appointed board member
- ManagementFlemming Pedholt Christensen appointed board member
20031 changeownership 1
- OwnershipGRUNDVAD MASKINHANDEL HOLDING A/S registered as owner (100%)
20011 changeindustry 1
- IndustryIndustry changed to Reparation af maskiner til land-, have- og skovbrug (293240)
20002 changesfounded 1 · management 1
- FoundedRegistered as GRUNDVAD MASKINHANDEL ApS
- ManagementFlemming Pedholt Christensen appointed director
Related companies
Same people in management
- Bahne Sørensen A/Svia Jens Madsen
- Jeld-wen Danmark A/Svia Jens Madsen
- Samson Agro A/Svia Jens Madsen
- Viborg F.f. Prof. Fodbold A/Svia Morten Kristensen
- Agrometer A/Svia Jens Madsen
- Dalbo A/Svia Jens Madsen
Largest in the industry
- Klokkerholm Karosseridele A/SDKK 169.4m
- Meneta Advanced Shims Technology A/SDKK 105.3m
- Terrepower Denmark A/SDKK 86.7m
- moveero A/SDKK 66.9m
- Steel Products Aage Østergaard A/SDKK 41.8m
- Meneta Danmark ApSDKK 36.7m
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.