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Kiesel Scandinavia A/S

Public limited companyCVR 26440394KoldingActive

Kiesel Scandinavia A/S is a public limited company, based in Kolding, active in wholesale of mining, construction and civil engineering machinery, founded in 2002. The company made a loss in both 2024 and 2025, most recently DKK 2.2m. Equity fell to DKK 4.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 3.2m−24% vs. 2024
Net profit−DKK 2.2m−118.7% vs. 2024
EquityDKK 4.4m−33.3% vs. 2024
Employees7latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 24% (2024 → 2025), to DKK 3.2m.
  • The loss grew: from DKK 1m to DKK 2.2m (2024 → 2025).
  • Equity fell 33% (2024 → 2025), to DKK 4.4m.

Employees

  • 1 fewer employees than a year earlier: 7 (08/2026) against 8 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)

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 2019–2025 · amounts in DKK thousand

Equity and net profit

−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m201920212022202320242025
EquityNet profit
Financial figures for Kiesel Scandinavia A/S
201920212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit9,73110,6672,6532,4444,2013,193−24%
Operating profit (EBIT)1,0454,913−2,283−2,036−689−1,844−167.6%
Profit before tax7092,654−2,191−1,096−1,001−2,189−118.7%
Net profit4932,017−2,709−1,096−1,001−2,189−118.7%
Total assets25,79926,10823,36227,21917,95626,892+49.8%
Equity8,75911,3758,6667,5706,5694,380−33.3%
Liabilities16,757––––––
Cash and cash equivalents528,4513,1733,5381,7496,788+288%
Average number of employees1388787−12.5%

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 2019, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020 (changed financial year or not filed).

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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m201920212022202320242025
Gross profitMedian, the industry (101 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 33% from 2024 to 2025 (DKK 6.6m to DKK 4.4m).

    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

6 financial years
Annual reports for Kiesel Scandinavia A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202516/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202404/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202307/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202221/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202117/06/2022The companyPDFXBRL
201901/01/2019 – 31/12/201911/05/2020The 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
024681009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

101 companies in the database

Comparison with the other companies in wholesale of mining, construction and civil engineering machinery based on the latest financial year.

Gross profitDKK 3.2mNo. 74 of 101
Better than 27% of the companies in the industry
EquityDKK 4.4mNo. 72 of 101
Better than 29% of the companies in the industry
Number of employees7No. 57 of 101
Better than 44% of the companies in the industry

Industry median: gross profit DKK 7.9m, net profit DKK 1.1m, equity DKK 8.8m, 8 employees.

DKK 100kDKK 723kDKK 5.2mDKK 37.7mDKK 141mHere
Distribution of gross profit for 100 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. 21,373of 69,742
Better than 69%
No. 15,419of 69,964
Better than 78%
Same industry and fewer than 20 employees71 companies in the comparison
No. 44of 71
Better than 39%
No. 43of 71
Better than 40%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 12,602of 24,791
Better than 49%
No. 10,376of 24,909
Better than 58%
All companies of type A/S18,025 companies in the comparison
No. 13,452of 17,786
Better than 24%
No. 12,009of 18,024
Better than 33%

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 mining, construction and civil engineering machinery
Gross profit
  1. Kiesel Scandinavia A/SDKK 3.2m
  2. Techtronic Industries Nordic ApSDKK 272.5m
  3. Volvo Entreprenørmaskiner A/SDKK 203.8m
Net profit
  1. Kiesel Scandinavia A/S−DKK 2.2m
  2. Techtronic Industries Nordic ApSDKK 74.7m
  3. Volvo Entreprenørmaskiner A/SDKK 25.1m
Equity
  1. Kiesel Scandinavia A/SDKK 4.4m
  2. Techtronic Industries Nordic ApSDKK 78m
  3. Volvo Entreprenørmaskiner A/SDKK 115m
Employees
  1. Kiesel Scandinavia A/S7
  2. Techtronic Industries Nordic ApS217
  3. Volvo Entreprenørmaskiner A/S142

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
  • Kiesel GmbH100%
Kiesel Scandinavia A/S

Management

4 active registrations

Executive management

Executive management at Kiesel Scandinavia A/S
NameRoleAppointed
Ute GraffDirector30/06/2021

Board of directors

Board of directors at Kiesel Scandinavia A/S
NameRoleAppointed
Toni KieselChair of the board09/03/2017
Ute GraffBoard member30/06/2021
Maximilian Ludwig SchmidtBoard member30/06/2021
Founders
Kiesel Scandinavia Holding A/S
Former management (15)
Former management at Kiesel Scandinavia A/S
NameRoleAppointedResigned
Lars Bo ChristensenBoard member01/02/200207/03/2008
Lars Bo ChristensenDirector01/02/200217/01/2008
Ebbe Trustrup HansenBoard member01/02/200231/12/2014
Mårten Jesper HedeBoard member01/02/200218/03/2002
Jan-Erik LingBoard member18/03/200222/02/2016
Jussi KiskiBoard member18/03/200209/04/2019
Erik GulsvikBoard member18/03/200222/02/2016
Toni KieselBoard member18/03/200208/03/2017
Ebbe Trustrup HansenDirector17/01/200801/03/2010
Hans Thomas VadstedtBoard member07/03/200822/02/2016
Henrik HansenDirector01/03/201030/06/2021
Jochen Richard Heinz LangBoard member22/02/201609/03/2017
Michael Kurt Hartmut KüchenDeputy chair09/03/201709/04/2019
Maik SpindlerBoard member09/04/201915/11/2022
Henrik HansenBoard member09/04/201930/06/2021

Signing rule: Selskabet tegnes af een direktør eller af den samlede bestyrelse.

Address and production units

2 active production units

Profilvej 20
6000 Kolding

Kolding Municipality · Postcode 6000

Production units
Production unitAddressEmployeesP number
Kiesel Scandinavia A/SKobbervej 2, Benløse, 4100 Ringsted11018094467
Kiesel Scandinavia A/SProfilvej 20, 6000 Kolding11011763649

Purpose

Selskabets formål er salg, service-, og reparation af maskiner til havne og skrothåndterings- og nedbrydningsvirksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

54 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changesmanagement 1 · accounts 1 · address 1
  • Maik Spindler stepped down as board member
  • Annual report for 2021 published
  • Moved to Profilvej 20, 6000 Kolding
20216 changesaddress 1 · management 5
  • Moved to Platinvej 22, 6000 Kolding
  • Ute Graff appointed director
  • Ute Graff appointed board member
  • Maximilian Ludwig Schmidt appointed board member
  • Henrik Hansen stepped down as board member
  • Henrik Hansen stepped down as director
20202 changesaccounts 1 · address 1
  • Annual report for 2019 published
  • Moved to Platinvej 22, 6000 Kolding
20195 changesmanagement 4 · address 1
  • Maik Spindler appointed board member
  • Henrik Hansen appointed board member
  • Michael Kurt Hartmut Küchen stepped down as deputy chair
  • Jussi Kiski stepped down as board member
  • Moved to Platinvej 22, 6000 Kolding
20176 changesownership 2 · management 4
  • KIESEL SCANDINAVIA HOLDING A/S is no longer registered as owner
  • Michael Kurt Hartmut Küchen appointed deputy chair
  • Toni Kiesel appointed chair of the board
  • Jochen Richard Heinz Lang stepped down as board member
  • Toni Kiesel stepped down as board member
  • Kiesel GmbH registered as owner (100%)
20165 changesmanagement 4 · address 1
  • Jochen Richard Heinz Lang appointed board member
  • Hans Thomas Vadstedt stepped down as board member
  • Erik Gulsvik stepped down as board member
  • Jan-Erik Ling stepped down as board member
  • Moved to Platinvej 22, 6000 Kolding
20141 changemanagement 1
  • Ebbe Trustrup Hansen stepped down as board member
20121 changeaddress 1
  • Moved to Platinvej 22, 6000 Kolding
20102 changesmanagement 2
  • Henrik Hansen appointed director
  • Ebbe Trustrup Hansen stepped down as director
20086 changesaddress 1 · management 4 · industry 1
  • Moved to Smålodsvej 35, Benløse, 4100 Ringsted
  • Hans Thomas Vadstedt appointed board member
  • Lars Bo Christensen stepped down as board member
  • Ebbe Trustrup Hansen appointed director
  • Lars Bo Christensen stepped down as director
  • Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20031 changename 1
  • Name changed from KIESEL SKANDINAVIA A/S to KIESEL SCANDINAVIA A/S
200211 changesmanagement 9 · founded 1 · ownership 1
  • Erik Gulsvik appointed board member
  • Jan-Erik Ling appointed board member
  • Jussi Kiski appointed board member
  • Toni Kiesel appointed board member
  • Mårten Jesper Hede stepped down as board member
  • Registered as KIESEL SKANDINAVIA A/S
  • Mårten Jesper Hede appointed board member
  • Ebbe Trustrup Hansen appointed board member
  • Lars Bo Christensen appointed director
  • Lars Bo Christensen appointed board member
  • KIESEL SCANDINAVIA HOLDING A/S registered as owner (100%)

Related companies

Same industry in Kolding

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