Keystones A/S
Public limited companyCVR 26107865Kgs. LyngbyActive
Keystones A/S is a public limited company, based in Kgs. Lyngby, active in business and other management consultancy activities, founded in 2001. The company went from a profit in 2024 to a loss of DKK 148k in 2025. Equity fell to DKK 509k in 2025. 8 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 41% (2024 → 2025), to DKK 709k.
- Net profit went from a profit of DKK 202k to a loss of DKK 148k (2024 → 2025).
- Equity fell 22% (2024 → 2025), to DKK 509k.
Management and owners, last 24 months
- New in management: Michael Hansen (board member, 01/05/2025).
- Stepped down: Emilie Dagmar Hjorth Timm (board member, 02/01/2025).
- New owners registered: Kenneth Larsen (18/09/2025), Jan Frandsen Rosenbom (18/09/2025) and Larsen Invest ApS (18/09/2025) (+1).
- No longer registered as owner: Larsen Invest ApS (17/09/2025), Eremitage Holding ApS (17/09/2025) and Timm Invest ApS (16/12/2024).
Registrations, last 24 months
- 01/01/2025: Industry changed to Business and other management consultancy activities (702000)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 2,574 | 2,673 | 2,654 | 1,557 | 1,208 | 709 | −41.3% |
| Operating profit (EBIT) | – | −151 | 170 | 49 | – | – | – |
| Profit before tax | 169 | −159 | 152 | 60 | 261 | −185 | −170.9% |
| Net profit | 130 | −126 | 115 | 45 | 202 | −148 | −173% |
| Total assets | 1,627 | 1,454 | 1,088 | 857 | 926 | 802 | −13.4% |
| Equity | 710 | 584 | 699 | 454 | 656 | 509 | −22.5% |
| Liabilities | 915 | 869 | 384 | 397 | 270 | 293 | +8.7% |
| Cash and cash equivalents | 838 | 1,034 | 415 | 479 | 212 | 146 | −31.2% |
| Average number of employees | 7 | 6 | 5 | 4 | 3 | 1 | −66.7% |
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 2020, 2021, 2022, 2023, 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 21/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 17/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 02/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 16/06/2021 | 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
2,370 companies in the databaseComparison with the other companies in business and other management consultancy activities based on the latest financial year.
Industry median: gross profit DKK 1.3m, net profit DKK 170k, equity DKK 974k, 2 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. 50,252of 69,742 Better than 28% | No. 41,965of 69,964 Better than 40% |
| Same industry and fewer than 20 employees2,220 companies in the comparison | No. 1,388of 2,210 Better than 37% | No. 1,350of 2,219 Better than 39% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 20,070of 24,791 Better than 19% | No. 20,461of 24,909 Better than 18% |
| All companies of type A/S18,025 companies in the comparison | No. 15,921of 17,786 Better than 10% | No. 16,686of 18,024 Better than 7% |
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
Business and other management consultancy activities- Keystones A/SDKK 709k
- COWI Holding A/SDKK 7bn
- Accenture A/SDKK 1.1bn
- Keystones A/S−DKK 148k
- COWI Holding A/SDKK 374m
- Accenture A/SDKK 116.1m
- Keystones A/SDKK 509k
- COWI Holding A/SDKK 2bn
- Accenture A/SDKK 642m
- Keystones A/S4
- COWI Holding A/S12
- Accenture A/S977
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Kenneth Larsen66.67%
- Jan Frandsen Rosenbom25%
- Larsen Invest ApS66.67%
- Eremitage Holding ApS25%
The ownership shares in the register add up to 183.3%. The register may contain older or indirect holdings that have not been closed. We show them as registered.
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kenneth Larsen | CEO | 28/06/2001 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kenneth Larsen | Board member | 04/11/2005 |
| Jan Frandsen Rosenbom | Board member | 30/11/2007 |
| Michael Hansen | Board member | 01/05/2025 |
- Founders
- Kenneth Larsen
Former management (5)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Peter Gjerding | Chair of the board | 04/11/2005 | 02/08/2020 |
| Kristoffer Gandrup-Marino | Board member | 04/11/2005 | 03/09/2007 |
| Jan Frandsen Rosenbom | Director | 30/11/2007 | 25/01/2021 |
| Frederik Ploug Søgaard | Board member | 08/01/2021 | 31/08/2022 |
| Emilie Dagmar Hjorth Timm | Board member | 30/09/2022 | 02/01/2025 |
Signing rule: Selskabet tegnes af en direktør og et bestyrelsesmedlem eller af to bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsDiplomvej 381
2800 Kgs. Lyngby
Lyngby-Taarbæk Municipality · Postcode 2800
Other companies at the address (8)
- PreSeed Ventures A/SOther financial service activities n.e.c.
- 1st Mile ApSOther technical consultancy
- Siteshop ApSOther software publishing
- Ampersand Associates ApSBusiness and other management consultancy activities
- Barrowa ApSComputer programming activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| KEYSTONES A/S | Diplomvej 381, 2800 Kgs. Lyngby | 4 | 1008521049 |
Purpose
Selskabets formål er at drive netværksvirksomhed for private investorer og virksomheder, der søger kapital/kompetencer, tilbyde konsulentydelser, projektledelse samt al virksomhed, som efter ledelsens skøn har forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
44 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
202510 changesownership 6 · accounts 1 · management 2 · industry 1
- OwnershipEREMITAGE HOLDING ApS registered as owner (25%)
- OwnershipKenneth Larsen registered as owner (66.67%)
- OwnershipJan Frandsen Rosenbom registered as owner (25%)
- OwnershipLARSEN INVEST ApS registered as owner (66.67%)
- OwnershipLARSEN INVEST ApS is no longer registered as owner
- OwnershipEREMITAGE HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
- ManagementMichael Hansen appointed board member
- ManagementEmilie Dagmar Hjorth Timm stepped down as board member
- IndustryIndustry changed to Business and other management consultancy activities (702000)
20242 changesownership 1 · accounts 1
- OwnershipTimm Invest ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20225 changesmanagement 2 · ownership 2 · accounts 1
- ManagementEmilie Dagmar Hjorth Timm appointed board member
- OwnershipTimm Invest ApS registered as owner (5%)
- ManagementFrederik Ploug Søgaard stepped down as board member
- OwnershipPloug Søgaard Holding ApS is no longer registered as owner
- AccountsAnnual report for 2021 published
20215 changesaccounts 1 · name 1 · capital 1 · management 2
- AccountsAnnual report for 2020 published
- NameName changed from KEYSTONES ApS to KEYSTONES A/S
- CapitalShare capital changed from 236,155 DKK to 400,000 DKK
- ManagementJan Frandsen Rosenbom stepped down as director
- ManagementFrederik Ploug Søgaard appointed board member
20203 changesmanagement 1 · capital 1 · ownership 1
- ManagementPeter Gjerding stepped down as chair of the board
- CapitalShare capital changed from 208,350 DKK to 236,155 DKK
- OwnershipPloug Søgaard Holding ApS registered as owner (10%)
20161 changeaddress 1
- AddressMoved to Diplomvej 381, 2800 Kgs. Lyngby
20111 changeaddress 1
- AddressMoved to Diplomvej 381, 2800 Kgs.Lyngby
20081 changeindustry 1
- IndustryIndustry changed to Virksomhedsrådgivning og anden rådgivning om driftsledelse (702200)
20076 changescapital 1 · management 3 · ownership 2
- CapitalShare capital changed from 125,000 DKK to 208,350 DKK
- ManagementJan Frandsen Rosenbom appointed director
- ManagementJan Frandsen Rosenbom appointed board member
- OwnershipLARSEN INVEST ApS registered as owner (50%)
- OwnershipEREMITAGE HOLDING ApS registered as owner (33.33%)
- ManagementKristoffer Gandrup-Marino stepped down as board member
20056 changesmanagement 3 · address 3
- ManagementKristoffer Gandrup-Marino appointed board member
- ManagementPeter Gjerding appointed chair of the board
- ManagementKenneth Larsen appointed board member
- AddressMoved to Diplomvej 376, 2800 Kgs.Lyngby
- AddressMoved to Anker Engelunds Vej 1, 2800 Kgs.Lyngby
- AddressMoved to Anker Engelunds Vej 1, 2800 Kgs.Lyngby
20012 changesfounded 1 · management 1
- FoundedRegistered as KEYSTONES ApS
- ManagementKenneth Larsen appointed ceo
Related companies
Same industry in Lyngby-Taarbæk
- Computershare A/S27 employees
- 44 East ApS19 employees
- Weel & Sandvig Energi og Procesinnovation ApS18 employees
- Howden Financial Advisory ApS18 employees
- Talents Unlimited Denmark ApS16 employees
- PharmaLex Denmark A/S15 employees
Same people in management
- Jysk A/Svia Alex Michael Ankjær-Jensen
- Sport 24 A/Svia Alex Michael Ankjær-Jensen
- AFRY Denmark A/Svia Alex Michael Ankjær-Jensen
- Jeld-wen Danmark A/Svia Alex Michael Ankjær-Jensen
- Zizzi Denmark ApSvia Alex Michael Ankjær-Jensen
- Snedkermester Arne Pedersen A/Svia Alex Michael Ankjær-Jensen
Largest in the industry
- COWI Holding A/SDKK 7bn
- Accenture A/SDKK 1.1bn
- Gts Nordic ApSDKK 968.5m
- CODAN Companies ApSDKK 877.7m
- Ferrosan Medical Devices Group A/SDKK 799.1m
- Stibo Complete Group A/SDKK 613.9m
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.