Kilsgaard ApS
Private limited companyCVR 40929525SilkeborgActive
Kilsgaard ApS is a private limited company, based in Silkeborg, active in other specialised construction activities n.e.c., founded in 2019. The company made a loss in both 2025 and 2026, most recently DKK 45,922. Equity fell to DKK 51,833 in 2026.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- Gross profit rose 400% (2025 → 2026), to DKK 364k.
- The loss got smaller: from DKK 120k to DKK 45,922 (2025 → 2026).
- Equity fell 47% (2025 → 2026), to DKK 51,833.
Registrations, last 24 months
- 15/03/2026: Moved to Bredhøj 1, 3. th, 8600 Silkeborg
- 01/01/2025: Industry changed to Other specialised construction activities n.e.c. (439900)
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 2021–2026 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 2,857 | 1,399 | 141 | 456 | 73 | 364 | +399.5% |
| Operating profit (EBIT) | – | 850 | −275 | 105 | −219 | −50 | +77.2% |
| Profit before tax | 2,107 | 864 | −286 | 100 | −154 | −59 | +61.8% |
| Net profit | 1,643 | 674 | −223 | 84 | −120 | −46 | +61.8% |
| Total assets | 2,812 | 1,956 | 1,489 | 1,159 | 287 | 591 | +106.2% |
| Equity | 1,683 | 757 | 134 | 218 | 98 | 52 | −47% |
| Liabilities | 768 | 679 | 1,351 | 940 | 189 | 539 | +185.4% |
| Cash and cash equivalents | 794 | 1,020 | 236 | 336 | 14 | 225 | +1,457.5% |
| Average number of employees | 1 | 1 | 1 | 1 | 1 | 1 | 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 2021, 2022, 2023, 2024, 2025, 2026: 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
Signals from the financial statements
calculated from the 2026 figuresLoss for 2 years in a row
Net result has been negative in 2025–2026.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 47% from 2025 to 2026 (DKK 97,755 to DKK 51,833).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 9% of total assets in 2026.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2026 | 02/04/2025 – 01/04/2026 | 02/10/2026 | The company | PDF not statedXBRL |
| 2025 | 02/04/2024 – 01/04/2025 | 06/10/2025 | The company | PDF not statedXBRL |
| 2024 | 02/04/2023 – 01/04/2024 | 14/10/2024 | The company | PDFXBRL |
| 2023 | 02/04/2022 – 01/04/2023 | 06/10/2023 | The company | PDFXBRL |
| 2022 | 02/04/2021 – 01/04/2022 | 17/10/2022 | The company | PDFXBRL |
| 2021 | 08/11/2019 – 01/04/2021 | 30/09/2021 | 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
707 companies in the databaseComparison with the other companies in other specialised construction activities n.e.c. based on the latest financial year.
Industry median: gross profit DKK 2.7m, net profit DKK 223k, equity DKK 1.1m, 4 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. 56,665of 69,742 Better than 19% | No. 57,283of 69,964 Better than 18% |
| Same industry and fewer than 20 employees606 companies in the comparison | No. 533of 606 Better than 12% | No. 502of 606 Better than 17% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 28,620of 33,579 Better than 15% | No. 27,260of 33,678 Better than 19% |
| All companies of type ApS66,508 companies in the comparison | No. 54,514of 66,379 Better than 18% | No. 53,526of 66,505 Better than 20% |
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
Other specialised construction activities n.e.c.- Kilsgaard ApSDKK 364k
- Heras Denmark A/SDKK 307.6m
- Munch Sørensen Holding ApSDKK 232.4m
- Kilsgaard ApS−DKK 45,922
- Heras Denmark A/SDKK 22.6m
- Munch Sørensen Holding ApSDKK 5.3m
- Kilsgaard ApSDKK 51,833
- Heras Denmark A/SDKK 100.7m
- Munch Sørensen Holding ApSDKK 95.6m
- Kilsgaard ApS2
- Heras Denmark A/S401
- Munch Sørensen Holding ApS2
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Mads Murer Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mads Kilsgaard Sørensen | Director | 08/11/2019 |
- Founders
- Mads Murer Holding ApS
Signing rule: Selskabet tegnes af direktionen
Address and production units
1 active production unitsBredhøj 1
8600 Silkeborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Kilsgaard ApS | Bredhøj 1, 3. th, 8600 Silkeborg | 2 | 1025228665 |
Purpose
Selskabets formål er at drive virksomhed med entreprenørvirksomhed og hermed forbundet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
11 registered events20262 changesaccounts 1 · address 1
- AccountsAnnual report for 2026 published
- AddressMoved to Bredhøj 1, 3. th, 8600 Silkeborg
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2025 published
- IndustryIndustry changed to Other specialised construction activities n.e.c. (439900)
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20231 changeaccounts 1
- AccountsAnnual report for 2023 published
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20193 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as Kilsgaard ApS
- ManagementMads Kilsgaard Sørensen appointed director
- OwnershipMads Murer Holding ApS registered as owner (100%)
Related companies
Same industry in Silkeborg
- Hshansen A/S85 employees
- Bhf Gruppen A/S22 employees
- Skjold Porte ApS13 employees
- Cito Stilladser ApS13 employees
- Kran & Svejs ApS10 employees
- Stildan A/S7 employees
Largest in the industry
- Heras Denmark A/SDKK 307.6m
- Munch Sørensen Holding ApSDKK 232.4m
- Dansk Stillads Service A/SDKK 188.9m
- Bms Heavy Cranes A/SDKK 152m
- Jerslev Stilladsservice A/SDKK 107.6m
- Schjøtt og Davidsen A/SDKK 90.7m
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.