Kjv A/S
Public limited companyCVR 79012513Nykøbing FActive
Kjv A/S is a public limited company, based in Nykøbing F, active in wholesale of machine tools, founded in 1985. Net profit fell 26% from 2024 to 2025, ending at DKK 24.3m. Measured by gross profit, it ranks no. 3 of 157 companies in the industry in the database. Operations are spread over 10 production units in 10 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 3% (2024 → 2025), to DKK 111m.
- Net profit fell 26% (2024 → 2025), to DKK 24.3m.
- Equity rose 19% (2024 → 2025), to DKK 154.7m.
Employees
- 6 fewer employees than a year earlier: 123 (07/2026) against 129 (07/2025).
Management and owners, last 24 months
- New in management: Christian Herbert (chair of the board, 08/07/2025) and Christian Herbert (board member, 26/02/2025).
- Stepped down: Claudio Keld Christensen (chair of the board, 08/07/2025), Uffe Iversen (board member, 26/02/2025) and Christian Herbert (board member, 07/07/2025).
Registrations, last 24 months
- 08/01/2026: Merger registered in CVR
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 | 78,444 | 85,527 | 90,555 | 94,308 | 114,962 | 110,993 | −3.5% |
| Operating profit (EBIT) | 26,570 | 31,539 | 36,121 | 37,980 | 42,344 | 33,318 | −21.3% |
| Profit before tax | 26,555 | 31,479 | 34,913 | 37,183 | 42,321 | 31,336 | −26% |
| Net profit | 20,676 | 24,508 | 27,178 | 28,949 | 32,845 | 24,293 | −26% |
| Total assets | 136,846 | 145,333 | 144,367 | 158,850 | 201,980 | 220,709 | +9.3% |
| Equity | 69,919 | 79,427 | 82,606 | 97,555 | 130,400 | 154,693 | +18.6% |
| Liabilities | 65,939 | 64,730 | 60,316 | 59,866 | 70,409 | 64,380 | −8.6% |
| Cash and cash equivalents | 21,511 | 23,590 | 13,105 | 23,864 | 1,277 | 568 | −55.5% |
| Average number of employees | 95 | 95 | 94 | 94 | 117 | 118 | +0.9% |
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
Signals from the financial statements
calculated from the 2025 figuresProfit 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 | 03/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 31/12/2024 | 04/07/2025 | The company | PDF not statedXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 22/11/2023 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 21/11/2022 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 23/11/2021 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 24/11/2020 | 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
157 companies in the databaseComparison with the other companies in wholesale of machine tools based on the latest financial year.
Industry median: gross profit DKK 5.7m, net profit DKK 760k, equity DKK 5.4m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 537of 4,412 Better than 88% | No. 440of 4,466 Better than 90% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 770of 10,152 Better than 92% | No. 934of 10,275 Better than 91% |
| All companies of type A/S18,025 companies in the comparison | No. 1,419of 17,786 Better than 92% | No. 1,708of 18,024 Better than 91% |
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 machine tools- Kjv A/SDKK 111m
- Würth Danmark A/SDKK 493m
- Robert Bosch A/SDKK 229.5m
- Kjv A/SDKK 24.3m
- Würth Danmark A/SDKK 42.8m
- Robert Bosch A/SDKK 34.5m
- Kjv A/SDKK 154.7m
- Würth Danmark A/SDKK 320.5m
- Robert Bosch A/SDKK 100.3m
- Kjv A/S123
- Würth Danmark A/S650
- Robert Bosch A/S199
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kristian Løftgaard | Director | 13/05/2008 |
| Henrik Løftgaard | Director | 27/11/2009 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kristian Løftgaard | Board member | 06/09/1985 |
| Henrik Løftgaard | Board member | 13/05/2008 |
| Sanne Gordon Christensen | Board member | 14/12/2023 |
| Johan Stille | Board member | 14/12/2023 |
| Christian Herbert | Chair of the board | 08/07/2025 |
- Auditor
- KPMG P/S
Former management (42)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Mogens Møller Mogensen | Board member | 06/09/1985 | 28/10/1994 |
| Mogens Møller Mogensen | Director | 06/09/1985 | 28/10/1994 |
| Søren Knudsen Løftgaard | Director | 06/09/1985 | 13/05/2008 |
| Willy Preben Nielsen | Board member | 06/09/1985 | 23/12/1987 |
| Per Christensen | Board member | 06/09/1985 | 15/12/1988 |
| Ole John Danielsen | Board member | 06/09/1985 | 14/02/1991 |
| Helge Børglum Hjæresen | Board member | 06/09/1985 | 09/12/1994 |
| Preben Høgdal | Board member | 06/09/1985 | 22/11/2002 |
| Peter Robert Clemmensen | Board member | 06/09/1985 | 10/12/1991 |
| Christian Juel | Board member | 05/12/1998 | 28/11/2003 |
| Jørn Steen Nielsen | Board member | 12/11/1999 | 28/11/2003 |
| Flemming Andersen | Board member | 28/11/2003 | 24/11/2006 |
| Jørgen Richard Madsen | Board member | 28/11/2003 | 24/11/2006 |
| Finn Lyngsøe | Board member | 28/11/2003 | 30/11/2007 |
| Aage Almtoft | Board member | 24/11/2006 | 26/11/2010 |
| Bjarne Bauch | Board member | 30/11/2007 | 27/11/2009 |
| Søren Knudsen Løftgaard | Chair of the board | 13/05/2008 | 17/11/2022 |
| Peter Pyndt Jørgensen | Board member | 27/11/2009 | 05/09/2012 |
| Hans Erik Jensen | Board member | 26/11/2010 | 23/11/2012 |
| Hans Jørgen Piepgrass Pedersen | Board member | 05/09/2012 | 22/11/2013 |
| Jens Jørgen Lyngklip | Board member | 23/11/2012 | 21/11/2014 |
| Jørgen Smith | Board member | 22/11/2013 | 17/11/2022 |
| Jacob Hellsten Frederiksen | Board member | 22/11/2013 | 20/11/2015 |
| Jens Limkilde Hansen | Board member | 21/11/2014 | 26/02/2016 |
| Bjarne Bauch | Board member | 20/11/2015 | 17/11/2017 |
| Hans Erik Jensen | Board member | 26/02/2016 | 16/11/2018 |
| Hans Jørgen Piepgrass Pedersen | Deputy board member | 17/11/2017 | 19/11/2020 |
| Peter Pyndt Jørgensen | Deputy board member | 17/11/2017 | 31/05/2018 |
| Jens Christian Jensen | Board member | 17/11/2017 | 01/06/2018 |
| Peter Pyndt Jørgensen | Board member | 01/06/2018 | 22/11/2019 |
| Jens Jørgen Lyngklip | Board member | 16/11/2018 | 20/11/2020 |
| Jacob Hellsten Frederiksen | Deputy board member | 16/11/2018 | 21/11/2019 |
| Bjarne Bauch | Deputy board member | 22/11/2019 | 14/12/2023 |
| Jacob Hellsten Frederiksen | Board member | 22/11/2019 | 14/12/2023 |
| Hans Jørgen Piepgrass Pedersen | Board member | 20/11/2020 | 14/12/2023 |
| Peter Pyndt Jørgensen | Deputy board member | 20/11/2020 | 14/12/2023 |
| Jørgen Smith | Chair of the board | 18/11/2022 | 14/12/2023 |
| Søren Knudsen Løftgaard | Board member | 18/11/2022 | 14/12/2023 |
| Claudio Keld Christensen | Chair of the board | 14/12/2023 | 08/07/2025 |
| Anders Kruse | Board member | 14/12/2023 | 22/08/2024 |
| Uffe Iversen | Board member | 25/08/2024 | 26/02/2025 |
| Christian Herbert | Board member | 26/02/2025 | 07/07/2025 |
Signing rule: Selskabet tegnes af to direktører i forening eller af to medlemmer af bestyrelsen i forening med en direktør
Address and production units
10 active production unitsKøbenhavnsvej 3
4800 Nykøbing F
| Production unit | Address | Employees | P number |
|---|---|---|---|
| KJV A/S | Herluf Trolles Vej 3, 5220 Odense SØ | 47 | 1003909775 |
| KJV A/S | Københavnsvej 3, 4800 Nykøbing F | 42 | 1003198990 |
| KJV A/S | A. Steen Nielsens Vej 1, 4930 Maribo | 10 | 1030995186 |
| KJV A/S | Nordager 19, 6000 Kolding | 10 | 1003199067 |
| KJV A/S | Østergade 8, 1, 3600 Frederikssund | 6 | 1003199055 |
| KJV A/S | Kærvej 69C, 6400 Sønderborg | 5 | 1017415391 |
| KJV A/S | Tilstedvej 73, 7700 Thisted | 4 | 1003199031 |
| KJV A/S | Nydamsvej 19B, 8362 Hørning | 4 | 1003199018 |
| KJV A/S | Cypresvej 6, 7400 Herning | 1 | 1031355504 |
| KJV A/S | Sulkavavej 1, 4970 Rødby | 1 | 1030995178 |
Purpose
Selskabets formål er at drive handel med værktøj, maskiner og automationsløsninger o.l. samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
108 registered events20262 changesaccounts 1 · merger 1
- AccountsAnnual report for 2025 published
- MergerMerger registered in CVR
20256 changesmanagement 5 · accounts 1
- ManagementChristian Herbert appointed chair of the board
- ManagementClaudio Keld Christensen stepped down as chair of the board
- ManagementChristian Herbert stepped down as board member
- AccountsAnnual report for 2024 published
- ManagementChristian Herbert appointed board member
- ManagementUffe Iversen stepped down as board member
20242 changesmanagement 2
- ManagementUffe Iversen appointed board member
- ManagementAnders Kruse stepped down as board member
202313 changesmanagement 10 · ownership 2 · accounts 1
- ManagementAnders Kruse appointed board member
- ManagementSanne Gordon Christensen appointed board member
- ManagementJohan Stille appointed board member
- ManagementClaudio Keld Christensen appointed chair of the board
- ManagementSøren Knudsen Løftgaard stepped down as board member
- ManagementJørgen Smith stepped down as chair of the board
- ManagementPeter Pyndt Jørgensen stepped down as deputy board member
- ManagementHans Jørgen Piepgrass Pedersen stepped down as board member
- ManagementJacob Hellsten Frederiksen stepped down as board member
- ManagementBjarne Bauch stepped down as deputy board member
- OwnershipAhlsell Danmark Holding ApS registered as owner (100%)
- OwnershipINV FINANS APS is no longer registered as owner
- AccountsAnnual report for 2023 published
20225 changesaccounts 1 · management 4
- AccountsAnnual report for 2022 published
- ManagementSøren Knudsen Løftgaard appointed board member
- ManagementJørgen Smith appointed chair of the board
- ManagementJørgen Smith stepped down as board member
- ManagementSøren Knudsen Løftgaard stepped down as chair of the board
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20205 changesaccounts 1 · management 4
- AccountsAnnual report for 2020 published
- ManagementPeter Pyndt Jørgensen appointed deputy board member
- ManagementHans Jørgen Piepgrass Pedersen appointed board member
- ManagementJens Jørgen Lyngklip stepped down as board member
- ManagementHans Jørgen Piepgrass Pedersen stepped down as deputy board member
20196 changesmanagement 4 · capital 1 · merger 1
- ManagementJacob Hellsten Frederiksen appointed board member
- ManagementBjarne Bauch appointed deputy board member
- ManagementPeter Pyndt Jørgensen stepped down as board member
- ManagementJacob Hellsten Frederiksen stepped down as deputy board member
- CapitalShare capital changed from 15,000,000 DKK to 15,100,000 DKK
- MergerMerger registered in CVR
20186 changesmanagement 6
- ManagementJens Jørgen Lyngklip appointed board member
- ManagementJacob Hellsten Frederiksen appointed deputy board member
- ManagementHans Erik Jensen stepped down as board member
- ManagementPeter Pyndt Jørgensen appointed board member
- ManagementJens Christian Jensen stepped down as board member
- ManagementPeter Pyndt Jørgensen stepped down as deputy board member
20174 changesmanagement 4
- ManagementHans Jørgen Piepgrass Pedersen appointed deputy board member
- ManagementJens Christian Jensen appointed board member
- ManagementPeter Pyndt Jørgensen appointed deputy board member
- ManagementBjarne Bauch stepped down as board member
20162 changesmanagement 2
- ManagementHans Erik Jensen appointed board member
- ManagementJens Limkilde Hansen stepped down as board member
20152 changesmanagement 2
- ManagementBjarne Bauch appointed board member
- ManagementJacob Hellsten Frederiksen stepped down as board member
20143 changesownership 1 · management 2
- OwnershipINV FINANS APS registered as owner (100%)
- ManagementJens Limkilde Hansen appointed board member
- ManagementJens Jørgen Lyngklip stepped down as board member
20133 changesmanagement 3
- ManagementJacob Hellsten Frederiksen appointed board member
- ManagementJørgen Smith appointed board member
- ManagementHans Jørgen Piepgrass Pedersen stepped down as board member
20125 changesmanagement 4 · name 1
- ManagementJens Jørgen Lyngklip appointed board member
- ManagementHans Erik Jensen stepped down as board member
- NameName changed from KJ VÆRKTØJ A/S to KJV A/S
- ManagementHans Jørgen Piepgrass Pedersen appointed board member
- ManagementPeter Pyndt Jørgensen stepped down as board member
20102 changesmanagement 2
- ManagementHans Erik Jensen appointed board member
- ManagementAage Almtoft stepped down as board member
20093 changesmanagement 3
- ManagementHenrik Løftgaard appointed director
- ManagementPeter Pyndt Jørgensen appointed board member
- ManagementBjarne Bauch stepped down as board member
20085 changesmanagement 4 · industry 1
- ManagementKristian Løftgaard appointed director
- ManagementSøren Knudsen Løftgaard appointed chair of the board
- ManagementHenrik Løftgaard appointed board member
- ManagementSøren Knudsen Løftgaard stepped down as director
- IndustryIndustry changed to Wholesale of machine tools (466200)
20073 changesmanagement 2 · address 1
- ManagementBjarne Bauch appointed board member
- ManagementFinn Lyngsøe stepped down as board member
- AddressMoved to Københavnsvej 3, 4800 Nykøbing F
20063 changesmanagement 3
- ManagementAage Almtoft appointed board member
- ManagementJørgen Richard Madsen stepped down as board member
- ManagementFlemming Andersen stepped down as board member
20035 changesmanagement 5
- ManagementFinn Lyngsøe appointed board member
- ManagementJørgen Richard Madsen appointed board member
- ManagementFlemming Andersen appointed board member
- ManagementJørn Steen Nielsen stepped down as board member
- ManagementChristian Juel stepped down as board member
20021 changemanagement 1
- ManagementPreben Høgdal stepped down as board member
19991 changemanagement 1
- ManagementJørn Steen Nielsen appointed board member
19981 changemanagement 1
- ManagementChristian Juel appointed board member
19951 changecapital 1
- CapitalShare capital changed from 2,300,000 DKK to 15,000,000 DKK
19943 changesmanagement 3
- ManagementHelge Børglum Hjæresen stepped down as board member
- ManagementMogens Møller Mogensen stepped down as board member
- ManagementMogens Møller Mogensen stepped down as director
19912 changesmanagement 2
- ManagementPeter Robert Clemmensen stepped down as board member
- ManagementOle John Danielsen stepped down as board member
19881 changemanagement 1
- ManagementPer Christensen stepped down as board member
19871 changemanagement 1
- ManagementWilly Preben Nielsen stepped down as board member
198511 changesfounded 1 · management 10
- FoundedRegistered as KJ VÆRKTØJ A/S
- ManagementHelge Børglum Hjæresen appointed board member
- ManagementOle John Danielsen appointed board member
- ManagementPer Christensen appointed board member
- ManagementKristian Løftgaard appointed board member
- ManagementPeter Robert Clemmensen appointed board member
- ManagementMogens Møller Mogensen appointed board member
- ManagementWilly Preben Nielsen appointed board member
- ManagementSøren Knudsen Løftgaard appointed director
- ManagementPreben Høgdal appointed board member
- ManagementMogens Møller Mogensen appointed director
Related companies
Same people in management
- Compass Group Danmark A/Svia Uffe Iversen
- Lemvigh-müller A/Svia Aage Almtoft
- Ahlsell Danmark A/Svia Christian Herbert
- BELFOR Denmark A/Svia Uffe Iversen
- Realkredit Danmark A/Svia Preben Høgdal
- Enabl A/Svia Anders Kruse
Largest in the industry
- Würth Danmark A/SDKK 493m
- Robert Bosch A/SDKK 229.5m
- Gibotech A/SDKK 106.5m
- Pti Europa A/SDKK 71.9m
- Masentia A/SDKK 52.9m
- Sodemann Industrifjedre A/SDKK 46.6m
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 23/10/2026.