Kjaer & Kjaer A/S
Public limited companyCVR 25473108SvendborgActive
Kjaer & Kjaer A/S is a public limited company, based in Svendborg, active in wholesale of motor vehicles, founded in 2000. Net profit fell 58% from 2024 to 2025, ending at DKK 3m. Equity fell to DKK 28.5m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 49% (2024 → 2025), to DKK 4.7m.
- Revenue fell 31% (2024 → 2025), to DKK 66.5m.
- Net profit fell 58% (2024 → 2025), to DKK 3m.
- Equity fell 47% (2024 → 2025), to DKK 28.5m.
Registrations, last 24 months
- 01/01/2025: Industry changed to Wholesale of motor vehicles (467100)
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 | 67,842 | 48,623 | 84,846 | 150,549 | 95,775 | 66,527 | −30.5% |
| Gross profit | 10,289 | 3,696 | 9,771 | 14,590 | 9,132 | 4,659 | −49% |
| Operating profit (EBIT) | 7,228 | 779 | 6,658 | 11,719 | 6,032 | 1,635 | −72.9% |
| Profit before tax | 7,835 | 393 | 6,404 | 12,778 | 9,177 | 3,869 | −57.8% |
| Net profit | 6,111 | 307 | 4,995 | 9,967 | 7,158 | 3,018 | −57.8% |
| Total assets | 65,241 | 41,041 | 60,458 | 77,624 | 70,641 | 39,040 | −44.7% |
| Equity | 32,857 | 32,152 | 37,749 | 47,549 | 54,216 | 28,493 | −47.4% |
| Liabilities | 32,384 | 8,889 | 22,494 | 30,075 | 16,425 | 10,547 | −35.8% |
| Cash and cash equivalents | 465 | 613 | 185 | 10,288 | 214 | 1,719 | +703.3% |
| Average number of employees | 5 | 4 | 4 | 4 | 4 | 4 | 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.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresEquity fell sharply
Equity fell 47% from 2024 to 2025 (DKK 54.2m to DKK 28.5m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 02/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 25/06/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 20/06/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 14/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 07/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 03/06/2021 | 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
199 companies in the databaseComparison with the other companies in wholesale of motor vehicles based on the latest financial year.
Industry median: gross profit DKK 3.3m, net profit DKK 462k, equity DKK 5.4m, 3 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. 14,550of 69,742 Better than 79% | No. 4,624of 69,964 Better than 93% |
| Same industry and fewer than 20 employees174 companies in the comparison | No. 59of 174 Better than 66% | No. 17of 174 Better than 91% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 10,191of 24,791 Better than 59% | No. 3,525of 24,909 Better than 86% |
| All companies of type A/S18,025 companies in the comparison | No. 12,238of 17,786 Better than 31% | No. 5,082of 18,024 Better than 72% |
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 motor vehicles- Kjaer & Kjaer A/SDKK 4.7m
- Wismo Group A/SDKK 1.3bn
- Scania Danmark A/SDKK 952.6m
- Kjaer & Kjaer A/SDKK 3m
- Wismo Group A/SDKK 662.3m
- Scania Danmark A/SDKK 219.8m
- Kjaer & Kjaer A/SDKK 28.5m
- Wismo Group A/SDKK 2.7bn
- Scania Danmark A/SDKK 444m
- Kjaer & Kjaer A/S4
- Wismo Group A/S66
- Scania Danmark A/S817
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mads Krarup Kjær | CEO | 26/05/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Flemming Eltang | Chair of the board | 26/05/2023 |
| Mads Krarup Kjær | Board member | 26/05/2023 |
| Peter Reher | Board member | 26/05/2023 |
- Founders
- Kjaer Group A/S
Former management (19)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Christian Krarup Kjær | Board member | 16/06/2000 | 28/02/2005 |
| Flemming Eltang | Board member | 16/06/2000 | 03/04/2012 |
| Mads Krarup Kjær | Board member | 16/06/2000 | 28/02/2005 |
| Søren Holm | Board member | 06/09/2002 | 25/05/2005 |
| Kim Ole Vandbæk | Director | 25/09/2003 | 19/04/2007 |
| Lars Bo Lauritzen | Board member | 28/02/2005 | 19/04/2007 |
| Lars Bo Lauritzen | Director | 28/02/2005 | 28/02/2005 |
| Suzette Knudsgaard | Board member | 28/02/2005 | 19/04/2007 |
| Per Schierning Lundgren | Director | 09/05/2006 | 19/04/2007 |
| Per Schierning Lundgren | Chair of the board | 19/04/2007 | 05/05/2017 |
| Christos Kyriakidis | Board member | 19/04/2007 | 04/12/2013 |
| Christos Kyriakidis | Director | 19/04/2007 | 25/10/2010 |
| Klaus Karstensen | Board member | 06/08/2009 | 11/01/2016 |
| Martin Kjær Petersen | Director | 25/10/2010 | 04/12/2013 |
| Martin Madsen | CEO | 04/12/2013 | 11/01/2016 |
| Richard Valentin Nijhout | Board member | 04/12/2013 | 26/05/2023 |
| Flemming Eltang | Board member | 11/01/2016 | 25/05/2023 |
| Richard Valentin Nijhout | CEO | 11/01/2016 | 26/05/2023 |
| Mads Krarup Kjær | Chair of the board | 05/05/2017 | 25/05/2023 |
Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening eller af én direktør i forening med et bestyrelsesmedlem
Address and production units
1 active production unitsGrønnemosevej 6
5700 Svendborg
Svendborg Municipality · Postcode 5700
Other companies at the address (1)
- Kjaer Group A/SAgents in motorcycles, cars, buses and trailers
| Production unit | Address | Employees | P number |
|---|---|---|---|
| KJAER & KJAER A/S | Grønnemosevej 6, 5700 Svendborg | 4 | 1007745229 |
Purpose
Selskabets formål er at drive handelsvirksomhed og dermed forbundne aktiviteter.
The purpose is quoted from the register in Danish.
Changes year by year
56 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Wholesale of motor vehicles (467100)
20242 changesaccounts 1 · address 1
- AccountsAnnual report for 2023 published
- AddressMoved to Grønnemosevej 6, 5700 Svendborg
20239 changesaccounts 1 · management 8
- AccountsAnnual report for 2022 published
- ManagementFlemming Eltang appointed chair of the board
- ManagementMads Krarup Kjær appointed ceo
- ManagementPeter Reher appointed board member
- ManagementMads Krarup Kjær appointed board member
- ManagementRichard Valentin Nijhout stepped down as ceo
- ManagementRichard Valentin Nijhout stepped down as board member
- ManagementMads Krarup Kjær stepped down as chair of the board
- ManagementFlemming Eltang stepped down as board member
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20172 changesmanagement 2
- ManagementMads Krarup Kjær appointed chair of the board
- ManagementPer Schierning Lundgren stepped down as chair of the board
20164 changesmanagement 4
- ManagementRichard Valentin Nijhout appointed ceo
- ManagementFlemming Eltang appointed board member
- ManagementMartin Madsen stepped down as ceo
- ManagementKlaus Karstensen stepped down as board member
20151 changeindustry 1
- IndustryIndustry changed to Engroshandel med personbiler, varebiler og minibusser (451110)
20134 changesmanagement 4
- ManagementMartin Madsen appointed ceo
- ManagementRichard Valentin Nijhout appointed board member
- ManagementMartin Kjær Petersen stepped down as director
- ManagementChristos Kyriakidis stepped down as board member
20121 changemanagement 1
- ManagementFlemming Eltang stepped down as board member
20102 changesmanagement 2
- ManagementMartin Kjær Petersen appointed director
- ManagementChristos Kyriakidis stepped down as director
20091 changemanagement 1
- ManagementKlaus Karstensen appointed board member
20081 changeindustry 1
- IndustryIndustry changed to Detailhandel med personbiler, varebiler og minibusser (451120)
20077 changesmanagement 7
- ManagementChristos Kyriakidis appointed director
- ManagementPer Schierning Lundgren appointed chair of the board
- ManagementChristos Kyriakidis appointed board member
- ManagementPer Schierning Lundgren stepped down as director
- ManagementSuzette Knudsgaard stepped down as board member
- ManagementLars Bo Lauritzen stepped down as board member
- ManagementKim Ole Vandbæk stepped down as director
20061 changemanagement 1
- ManagementPer Schierning Lundgren appointed director
20058 changesmanagement 7 · name 1
- ManagementSøren Holm stepped down as board member
- NameName changed from KJÆR & KJÆR A/S to KJAER & KJAER A/S
- ManagementSuzette Knudsgaard appointed board member
- ManagementLars Bo Lauritzen appointed director
- ManagementLars Bo Lauritzen stepped down as director
- ManagementLars Bo Lauritzen appointed board member
- ManagementMads Krarup Kjær stepped down as board member
- ManagementChristian Krarup Kjær stepped down as board member
20031 changemanagement 1
- ManagementKim Ole Vandbæk appointed director
20022 changesmanagement 1 · name 1
- ManagementSøren Holm appointed board member
- NameName changed from KJÆR & KJÆR WORLDWIDE A/S to KJÆR & KJÆR A/S
20005 changesfounded 1 · management 3 · ownership 1
- FoundedRegistered as KJÆR & KJÆR WORLDWIDE A/S
- ManagementFlemming Eltang appointed board member
- ManagementMads Krarup Kjær appointed board member
- ManagementChristian Krarup Kjær appointed board member
- OwnershipKJAER GROUP A/S registered as owner (100%)
Related companies
Same industry in Svendborg
- Buk-auto A/S6 employees
- Lta Auto ApS4 employees
- Dansk Bilimport ApS3 employees
Same people in management
- Carl Hansen & Søn Møbelfabrik A/Svia Klaus Karstensen
- Fyns Kran Udstyr A/Svia Flemming Eltang
- Wihlborgs A/Svia Søren Holm
- TourCompass A/Svia Mads Krarup Kjær
- Certego A/Svia Søren Holm
- Scangrip A/Svia Martin Kjær Petersen
Largest in the industry
- Wismo Group A/SDKK 1.3bn
- Scania Danmark A/SDKK 952.6m
- Mercedes-benz Danmark A/SDKK 333.6m
- Auction Group A/SDKK 234.5m
- NCG Motor Company A/SDKK 232.4m
- Toyota Danmark A/SDKK 217.7m
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.