CVRdatabase
Menu

Kaj Madsen A/S

Public limited companyCVR 73177715KoldingActive

Kaj Madsen A/S is a public limited company, based in Kolding, active in freight transport by road, founded in 1983. Net profit rose 90% from 2024 to 2025, ending at DKK 21.6m. Measured by gross profit, it ranks no. 4 of 1,411 companies in the industry in the database. With 67 employees, the company is about 11 times larger than the industry median.

Follow
PDF reportCompare

Key figures · financial year 2025

RevenueDKK 989.7m+10.2% vs. 2024
Net profitDKK 21.6m+90.4% vs. 2024
EquityDKK 88.8m+22.9% vs. 2024
Employees67latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 15% (2024 → 2025), to DKK 298.8m.
  • Revenue rose 10% (2024 → 2025), to DKK 989.7m.
  • Net profit rose 90% (2024 → 2025), to DKK 21.6m.
  • Equity rose 23% (2024 → 2025), to DKK 88.8m.

Employees

  • 3 more employees than a year earlier: 67 (07/2026) against 64 (07/2025).

Registrations, last 24 months

  • 01/10/2025: Name changed from KAJ MADSEN FJELSTRUP A/S to KAJ MADSEN 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 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
EquityNet profit
Financial figures for Kaj Madsen A/S
202020212022202320242025Change
Revenuenot stated425,907570,355777,580897,729989,655+10.2%
Gross profit114,560133,408154,207230,359260,097298,812+14.9%
Operating profit (EBIT)20,71413,96011,12230,47114,63525,580+74.8%
Profit before tax20,03513,27110,11431,57615,42827,729+79.7%
Net profit15,57510,2177,54524,43611,32521,565+90.4%
Total assets121,847142,852156,917192,274229,034242,330+5.8%
Equity39,69544,88249,42770,88872,24488,820+22.9%
Liabilities81,00697,207107,045121,250156,621153,017−2.3%
Cash and cash equivalents22,4947,45811,1715,04517,30811,290−34.8%
Average number of employees348480561675786845+7.5%

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. Revenue is not stated for 2020: 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 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
Gross profitMedian, the industry (1,411 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 Kaj Madsen A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202521/11/2025The groupPDF not statedXBRL
202401/07/2023 – 30/06/202427/11/2024The groupPDFXBRL
202301/07/2022 – 30/06/202313/12/2023The groupPDFXBRL
202201/07/2021 – 30/06/202230/11/2022The groupPDFXBRL
202101/07/2020 – 30/06/202126/11/2021The groupPDFXBRL
202001/07/2019 – 30/06/202028/10/2020The 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
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

1,411 companies in the database

Comparison with the other companies in freight transport by road based on the latest financial year.

Gross profitDKK 298.8mNo. 4 of 1,411
Better than 100% of the companies in the industry
EquityDKK 88.8mNo. 16 of 1,411
Better than 99% of the companies in the industry
Number of employees67No. 6 of 1,411
Better than 100% of the companies in the industry

Industry median: gross profit DKK 4m, net profit DKK 253k, equity DKK 1.7m, 6 employees.

DKK 100kDKK 909kDKK 8.3mDKK 75.1mDKK 327mHere
Distribution of gross profit for 1,369 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. 93of 4,412
Better than 98%
No. 746of 4,466
Better than 83%
Same industry and 50–199 employees114 companies in the comparison
No. 1of 114
Better than 100%
No. 8of 114
Better than 94%
Companies that are at least 30 years old10,276 companies in the comparison
No. 301of 10,152
Better than 97%
No. 1,353of 10,275
Better than 87%
All companies of type A/S18,025 companies in the comparison
No. 514of 17,786
Better than 97%
No. 2,457of 18,024
Better than 86%

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

Freight transport by road
Gross profit
  1. Kaj Madsen A/SDKK 298.8m
  2. Danske Fragtmænd A/SDKK 682.3m
  3. Hcs A/S Transport & SpeditionDKK 598.2m
Net profit
  1. Kaj Madsen A/SDKK 21.6m
  2. Danske Fragtmænd A/SDKK 87.6m
  3. Hcs A/S Transport & SpeditionDKK 189.4m
Equity
  1. Kaj Madsen A/SDKK 88.8m
  2. Danske Fragtmænd A/SDKK 546.8m
  3. Hcs A/S Transport & SpeditionDKK 439.4m
Employees
  1. Kaj Madsen A/S67
  2. Danske Fragtmænd A/S1,272
  3. Hcs A/S Transport & Spedition483

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
  • Fristoft Holding ApS20%
  • AP Family Holding ApS20%
  • J.p.holding ApS10%
  • Ta-logistics A/S50%
Kaj Madsen A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

8 active registrations

Executive management

Executive management at Kaj Madsen A/S
NameRoleAppointed
Andreas FristoftDirector12/04/1999
Jens AndersenDirector12/04/1999

Board of directors

Board of directors at Kaj Madsen A/S
NameRoleAppointed
Jens AndersenBoard member12/04/1999
Andreas FristoftBoard member12/04/1999
Jens Peder Zeidler Holm JensenBoard member14/11/2019
Thorkil Stæhr AndersenChair of the board03/11/2021
Kim FrimerBoard member03/11/2021
Annie Stæhr ThomsenBoard member03/11/2021
Former management (12)
Former management at Kaj Madsen A/S
NameRoleAppointedResigned
Carl Geertsen MadsenDeputy board member25/03/198312/04/1999
Annamarie MadsenBoard member25/03/198312/04/1999
Kaj Jes Geertsen MadsenBoard member25/03/198312/04/1999
Kaj Jes Geertsen MadsenDirector25/03/198312/04/1999
Karl Christian PlønBoard member25/03/198301/12/1993
Lotte MathiesenBoard member01/12/199312/04/1999
Peter Schaumburg-MüllerChair of the board12/04/199912/08/2020
Jørgen FristoftBoard member12/04/199912/08/2020
Ole Evald AndersenBoard member12/04/199923/01/2008
Jean Erling NissenBoard member23/01/200803/11/2021
Lars Aaen-LindbergBoard member12/08/202003/11/2021
Lone Thiel HøgholtChair of the board12/08/202003/11/2021

Signing rule: Selskabet tegnes af en direktør og bestyrelsesformanden i forening eller af den samlede bestyrelse

Address and production units

2 active production units

Venusvej 27
6000 Kolding

Kolding Municipality · Postcode 6000

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
KAJ MADSEN A/SVenusvej 27, 6000 Kolding471002394388
Kaj Madsen Fjelstrup A/SØstre Alle 102, 9000 Aalborg–1029274556

Purpose

Selskabets formål er speditionsvirksomhed og dertil hørende virksomhed efter bestyrelsens skøn

The purpose is quoted from the register in Danish.

Changes year by year

50 registered events
20252 changesaccounts 1 · name 1
  • Annual report for 2025 published
  • Name changed from KAJ MADSEN FJELSTRUP A/S to KAJ MADSEN A/S
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20222 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Venusvej 27, 6000 Kolding
20218 changesaccounts 1 · management 6 · ownership 1
  • Annual report for 2021 published
  • Thorkil Stæhr Andersen appointed chair of the board
  • Annie Stæhr Thomsen appointed board member
  • Kim Frimer appointed board member
  • Lars Aaen-Lindberg stepped down as board member
  • Lone Thiel Høgholt stepped down as chair of the board
  • Jean Erling Nissen stepped down as board member
  • TA-LOGISTICS A/S registered as owner (50%)
20205 changesaccounts 1 · management 4
  • Annual report for 2020 published
  • Lars Aaen-Lindberg appointed board member
  • Lone Thiel Høgholt appointed chair of the board
  • Jørgen Fristoft stepped down as board member
  • Peter Schaumburg-Müller stepped down as chair of the board
20192 changesmanagement 1 · ownership 1
  • Jens Peder Zeidler Holm Jensen appointed board member
  • J.P.HOLDING ApS registered as owner (10%)
20143 changesname 1 · ownership 2
  • Name changed from VOGNMAND KAJ MADSEN. FJELSTRUP A/S to KAJ MADSEN FJELSTRUP A/S
  • FRISTOFT HOLDING ApS registered as owner (20%)
  • AP Family Holding ApS registered as owner (20%)
20083 changesmanagement 2 · industry 1
  • Jean Erling Nissen appointed board member
  • Ole Evald Andersen stepped down as board member
  • Industry changed to Freight transport by road (494100)
20031 changeaddress 1
  • Moved to Kokholm 14, 6000 Kolding
199913 changescapital 1 · management 12
  • Share capital changed from 500,000 DKK to 750,000 DKK
  • Jørgen Fristoft appointed board member
  • Ole Evald Andersen appointed board member
  • Andreas Fristoft appointed board member
  • Andreas Fristoft appointed director
  • Jens Andersen appointed director
  • Jens Andersen appointed board member
  • Peter Schaumburg-Müller appointed chair of the board
  • Lotte Mathiesen stepped down as board member
  • Annamarie Madsen stepped down as board member
  • Carl Geertsen Madsen stepped down as deputy board member
  • Kaj Jes Geertsen Madsen stepped down as director
  • Kaj Jes Geertsen Madsen stepped down as board member
19951 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19932 changesmanagement 2
  • Lotte Mathiesen appointed board member
  • Karl Christian Pløn stepped down as board member
19836 changesfounded 1 · management 5
  • Registered as VOGNMAND KAJ MADSEN. FJELSTRUP A/S
  • Annamarie Madsen appointed board member
  • Carl Geertsen Madsen appointed deputy board member
  • Kaj Jes Geertsen Madsen appointed director
  • Kaj Jes Geertsen Madsen appointed board member
  • Karl Christian Pløn appointed board member

Related companies

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction