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J. Hundahl Tilsted A/S

Public limited companyCVR 76539111ThistedActive

J. Hundahl Tilsted A/S is a public limited company, based in Thisted, active in wholesale of agricultural machinery, equipment and supplies, founded in 1984. Net profit fell 42% from 2024 to 2025, ending at DKK 3.4m. With 69 employees, the company is about 7 times larger than the industry median. Gross profit is higher than that of 91% of the companies in the industry in the database.

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Key figures · financial year 2025

RevenueDKK 412.3m−6.7% vs. 2024
Net profitDKK 3.4m−42.2% vs. 2024
EquityDKK 29.8m−7.6% vs. 2024
Employees69latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 3% (2024 → 2025), to DKK 42.9m.
  • Revenue fell 7% (2024 → 2025), to DKK 412.3m.
  • Net profit fell 42% (2024 → 2025), to DKK 3.4m.
  • Equity fell 8% (2024 → 2025), to DKK 29.8m.

Employees

  • 6 more employees than a year earlier: 69 (07/2026) against 63 (07/2025).

Management and owners, last 24 months

  • New in management: Vagn Nielsen (chair of the board, 12/03/2025), Claus Mandrup Sørensen (ceo, 03/03/2026) and Erik Hundahl (board member, 12/03/2025).
  • Stepped down: Søren Hundahl (director, 03/03/2026), Erik Hundahl (chair of the board, 11/03/2025) and Erik Hundahl (board member, 18/10/2025).

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 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for J. Hundahl Tilsted A/S
202020212022202320242025Change
Revenue368,981351,934402,127422,176441,938412,320−6.7%
Gross profit35,93337,32841,16441,30244,46242,917−3.5%
Operating profit (EBIT)8,6297,94710,2568,25710,1595,257−48.3%
Profit before tax8,3077,2409,4766,2457,6144,011−47.3%
Net profit6,4765,5277,3884,8635,9603,447−42.2%
Total assets96,665111,054107,557131,428127,065158,664+24.9%
Equity25,46624,99330,18127,64432,25529,801−7.6%
Liabilities71,09886,00177,242103,61694,568128,279+35.6%
Cash and cash equivalents383299514336−15%
Average number of employees636464666264+3.2%

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.

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
Gross profitMedian, the industry (230 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    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 J. Hundahl Tilsted A/S
Financial yearPeriodPublishedFigures forDocuments
202501/11/2024 – 31/10/202513/04/2026The companyPDF not statedXBRL
202401/11/2023 – 31/10/202417/03/2025The companyPDFXBRL
202301/11/2022 – 31/10/202319/03/2024The companyPDFXBRL
202201/11/2021 – 31/10/202227/03/2023The companyPDFXBRL
202101/11/2020 – 31/10/202121/02/2022The companyPDFXBRL
202001/11/2019 – 31/10/202003/02/2021The 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

230 companies in the database

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

Gross profitDKK 42.9mNo. 21 of 230
Better than 91% of the companies in the industry
EquityDKK 29.8mNo. 35 of 230
Better than 85% of the companies in the industry
Number of employees69No. 15 of 230
Better than 94% of the companies in the industry

Industry median: gross profit DKK 6.9m, net profit DKK 958k, equity DKK 6.6m, 10 employees.

DKK 100kDKK 622kDKK 3.9mDKK 24.1mDKK 81.5mHere
Distribution of gross profit for 224 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 50–199 employees4,467 companies in the comparison
No. 2,121of 4,412
Better than 52%
No. 1,743of 4,466
Better than 61%
Same industry and 50–199 employees21 companies in the comparison
No. 15of 21
Better than 30%
No. 14of 21
Better than 35%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,685of 10,152
Better than 83%
No. 2,771of 10,275
Better than 73%
All companies of type A/S18,025 companies in the comparison
No. 3,341of 17,786
Better than 81%
No. 4,938of 18,024
Better than 73%

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 agricultural machinery, equipment and supplies
Gross profit
  1. J. Hundahl Tilsted A/SDKK 42.9m
  2. Semler Agro A/SDKK 150m
  3. TBS Maskinpower ApSDKK 142.9m
Net profit
  1. J. Hundahl Tilsted A/SDKK 3.4m
  2. Semler Agro A/S−DKK 26.3m
  3. TBS Maskinpower ApS−DKK 2.4m
Equity
  1. J. Hundahl Tilsted A/SDKK 29.8m
  2. Semler Agro A/SDKK 238.2m
  3. TBS Maskinpower ApSDKK 129.4m
Employees
  1. J. Hundahl Tilsted A/S69
  2. Semler Agro A/S284
  3. TBS Maskinpower ApS187

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
  • J. Hundahl Holding ApS20%
  • MD Holding Nautrup ApS33.33%
  • CMS Holding Tilsted ApS33.33%
J. Hundahl Tilsted A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at J. Hundahl Tilsted A/S
NameRoleAppointed
Claus Mandrup SørensenCEO03/03/2026

Board of directors

Board of directors at J. Hundahl Tilsted A/S
NameRoleAppointed
Søren HundahlBoard member28/09/1984
Martin DalgaardBoard member01/11/2018
Claus Mandrup SørensenBoard member01/11/2018
Vagn NielsenChair of the board12/03/2025
Former management (12)
Former management at J. Hundahl Tilsted A/S
NameRoleAppointedResigned
Anders HundahlBoard member28/09/198401/11/2018
Søren HundahlDirector28/09/198403/03/2026
Erik HundahlBoard member28/09/198431/10/2018
Erik HundahlDirector28/09/198401/11/2018
Kirstine HundahlBoard member28/09/198424/06/1993
Jens Jørgen HundahlBoard member28/09/198424/06/1993
Jens Jørgen HundahlDirector28/09/198424/06/1993
Karin HundahlBoard member28/09/198401/11/2018
Jane Kjær HundahlBoard member28/09/198401/11/2018
Jens Christian HundahlBoard member28/09/198415/10/2002
Erik HundahlChair of the board01/11/201811/03/2025
Erik HundahlBoard member12/03/202518/10/2025

Signing rule: Selskabet tegnes af en direktør sammen med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

2 active production units

Hjulmagervej 7
7700 Thisted

Thisted Municipality · Postcode 7700

Production units
Production unitAddressEmployeesP number
J HUNDAHL TILSTED A/SHjulmagervej 7, 7700 Thisted351002494130
J. Hundahl A/SHesselbjergvej 1, 7800 Skive191015820299

Purpose

Selskabets formål er at drive smede- og maskinforretning og handel i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

55 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Claus Mandrup Sørensen appointed ceo
  • Søren Hundahl stepped down as director
20255 changesmanagement 4 · accounts 1
  • Erik Hundahl stepped down as board member
  • Annual report for 2024 published
  • Erik Hundahl appointed board member
  • Vagn Nielsen appointed chair of the board
  • Erik Hundahl stepped down as chair of the board
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20227 changesownership 6 · accounts 1
  • CMS Holding Tilsted ApS registered as owner (33.33%)
  • J. Hundahl Holding ApS registered as owner (20%)
  • MD Holding Nautrup ApS registered as owner (33.33%)
  • MD Holding Nautrup ApS is no longer registered as owner
  • J. Hundahl Holding ApS is no longer registered as owner
  • CMS Holding Tilsted ApS is no longer registered as owner
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
201812 changesmanagement 8 · ownership 4
  • Erik Hundahl appointed chair of the board
  • Martin Dalgaard appointed board member
  • Claus Mandrup Sørensen appointed board member
  • Karin Hundahl stepped down as board member
  • Anders Hundahl stepped down as board member
  • Jane Kjær Hundahl stepped down as board member
  • Erik Hundahl stepped down as director
  • MD Holding Nautrup ApS registered as owner (20%)
  • J. Hundahl Holding ApS registered as owner (50%)
  • CMS Holding Tilsted ApS registered as owner (20%)
  • Erik Hundahl stepped down as board member
  • J. Hundahl Holding ApS is no longer registered as owner
20163 changesownership 3
  • J. Hundahl Holding ApS registered as owner (100%)
  • E H TILSTED INVEST ApS is no longer registered as owner
  • S H TILSTED INVEST ApS is no longer registered as owner
20081 changeindustry 1
  • Industry changed to Wholesale of agricultural machinery, equipment and supplies (466100)
20062 changesownership 2
  • E H TILSTED INVEST ApS registered as owner (50%)
  • S H TILSTED INVEST ApS registered as owner (50%)
20021 changemanagement 1
  • Jens Christian Hundahl stepped down as board member
19935 changesname 1 · capital 1 · management 3
  • Name changed from J. HUNDAHL, TILSTED ApS to J. HUNDAHL TILSTED A/S
  • Share capital changed from 96,000 DKK to 636,000 DKK
  • Jens Jørgen Hundahl stepped down as director
  • Kirstine Hundahl stepped down as board member
  • Jens Jørgen Hundahl stepped down as board member
19881 changename 1
  • Name changed from TILSTED SMEDE- OG MASKINFORRETNING ApS to J. HUNDAHL, TILSTED ApS
198412 changesfounded 1 · management 11
  • Registered as TILSTED SMEDE- OG MASKINFORRETNING ApS
  • Jens Jørgen Hundahl appointed director
  • Karin Hundahl appointed board member
  • Anders Hundahl appointed board member
  • Jens Christian Hundahl appointed board member
  • Søren Hundahl appointed board member
  • Jane Kjær Hundahl appointed board member
  • Søren Hundahl appointed director
  • Erik Hundahl appointed board member
  • Erik Hundahl appointed director
  • Kirstine Hundahl appointed board member
  • Jens Jørgen Hundahl appointed board member

Related companies

Same industry in Thisted

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