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KM Rustfri A/S

Public limited companyCVR 32440355SkiveActive

KM Rustfri A/S is a public limited company, based in Skive, active in manufacture of tubes, pipes, hollow profiles and related fittings, of steel, founded in 2009. The company made a loss in both 2024 and 2025, most recently DKK 6.9m. With 61 employees, the company is about 6 times larger than the industry median. Equity fell to DKK 5.8m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 2.8m−380.5% vs. 2024
Net profit−DKK 6.9m−96.3% vs. 2024
EquityDKK 5.8m−54.4% vs. 2024
Employees61latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 381% (2024 → 2025), to −DKK 2.8m.
  • The loss grew: from DKK 3.5m to DKK 6.9m (2024 → 2025).
  • Equity fell 54% (2024 → 2025), to DKK 5.8m.

Employees

  • 9 more employees than a year earlier: 61 (08/2026) against 52 (08/2025).

Management and owners, last 24 months

  • New in management: René Holm (ceo, 08/09/2026) and Thomas Christensen (ceo, 01/11/2025).
  • Stepped down: Peter Skelkjær (ceo, 01/11/2025) and Thomas Christensen (ceo, 08/09/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of tubes, pipes, hollow profiles and related fittings, of steel (242000)

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 thousand

Equity and net profit

−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15m202020212022202320242025
EquityNet profit
Financial figures for KM Rustfri A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,4463,124−901−1,6381,013−2,840−380.5%
Operating profit (EBIT)−5,011−1,319−5,224−5,261−2,959−7,660−158.8%
Profit before tax−6,084−1,862−6,021−6,645−4,476−8,796−96.5%
Net profit−4,749−1,453−4,914−5,187−3,496−6,862−96.3%
Total assets43,76358,07455,22851,81952,65845,988−12.7%
Equity3,7326,6631,74916,11312,6175,755−54.4%
Liabilities38,70048,74251,94535,60340,04140,233+0.5%
Cash and cash equivalents1,2281,0253497791,419661−53.4%
Average number of employees7173695249490%

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

−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6m202020212022202320242025
Gross profitMedian, the industry (27 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

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

  • Equity fell sharply

    Equity fell 54% from 2024 to 2025 (DKK 12.6m to DKK 5.8m).

    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 KM Rustfri A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202503/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202410/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202212/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202119/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/04/2021The 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
010203040506009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

27 companies in the database

Comparison with the other companies in manufacture of tubes, pipes, hollow profiles and related fittings, of steel based on the latest financial year.

Gross profit−DKK 2.8mNo. 27 of 27
Better than 0% of the companies in the industry
EquityDKK 5.8mNo. 11 of 27
Better than 62% of the companies in the industry
Number of employees61No. 8 of 27
Better than 73% of the companies in the industry

Industry median: gross profit DKK 5.4m, net profit DKK 380k, equity DKK 2.4m, 10 employees.

DKK 100kDKK 683kDKK 4.7mDKK 31.8mDKK 114.4m
Distribution of gross profit for 26 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 50–199 employees4,467 companies in the comparison
No. 4,363of 4,412
Better than 1%
No. 3,259of 4,466
Better than 27%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 24,670of 24,791
Better than 0%
No. 9,040of 24,909
Better than 64%
All companies of type A/S18,025 companies in the comparison
No. 17,578of 17,786
Better than 1%
No. 10,911of 18,024
Better than 39%

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

Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Gross profit
  1. KM Rustfri A/S−DKK 2.8m
  2. Blücher Metal A/SDKK 217m
  3. Jkf Industri A/SDKK 105.1m
Net profit
  1. KM Rustfri A/S−DKK 6.9m
  2. Blücher Metal A/SDKK 86.4m
  3. Jkf Industri A/SDKK 14.1m
Equity
  1. KM Rustfri A/SDKK 5.8m
  2. Blücher Metal A/SDKK 412m
  3. Jkf Industri A/SDKK 136.1m
Employees
  1. KM Rustfri A/S61
  2. Blücher Metal A/S310
  3. Jkf Industri A/S182

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
KM Rustfri A/S

Management

5 active registrations

Executive management

Executive management at KM Rustfri A/S
NameRoleAppointed
René HolmCEO08/09/2026

Board of directors

Board of directors at KM Rustfri A/S
NameRoleAppointed
Michael Lund Rauff FinnerupBoard member27/06/2019
Harry Joseph EhrenbergBoard member27/06/2019
Wolf EhrenbergChair of the board27/06/2019
Thomas Harry Otto ErhornBoard member27/06/2019
Founders
Peter Espersen, Bjerggård Hørsted ApS, Bkf Holding ApS
Former management (14)
Former management at KM Rustfri A/S
NameRoleAppointedResigned
Hartmann Harkjær JensenChair of the board28/08/200928/02/2014
Bjarne Klejnstrup FrandsenBoard member28/08/200928/02/2014
Peter EspersenBoard member28/08/200920/12/2023
Peter EspersenDirector28/08/200930/01/2019
Karl-Gustav BendtsenChair of the board11/09/201425/09/2018
Ann BodilsenBoard member11/09/201426/09/2018
John Christian Bennett-TherkildsenBoard member11/09/201401/11/2016
Karl-Gustav BendtsenBoard member26/09/201827/06/2019
Thomas ChristensenBoard member26/09/201827/06/2019
Bjarki Ernst MohrChair of the board26/09/201827/06/2019
René HolmDirector30/01/201914/02/2020
Peter EspersenCEO14/02/202001/06/2020
Peter SkelkjærCEO01/06/202001/11/2025
Thomas ChristensenCEO01/11/202508/09/2026

Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med direktøren eller 1 bestyrelsesmedlem i forening med direktøren

Address and production units

1 active production units

Gammel Rønbjerg Vej 2
7800 Skive

Skive Municipality · Postcode 7800

Production units
Production unitAddressEmployeesP number
KM RUSTFRI A/SGammel Rønbjerg Vej 2, a, Gl Rønbjerg, 7800 Skive611015476458

Purpose

Selskabets formål er udvikling, produktion og handel med fittings og øvrige emner i rustfri stål samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

53 registered events
20263 changesmanagement 2 · accounts 1
  • René Holm appointed ceo
  • Thomas Christensen stepped down as ceo
  • Annual report for 2025 published
20254 changesmanagement 2 · accounts 1 · industry 1
  • Thomas Christensen appointed ceo
  • Peter Skelkjær stepped down as ceo
  • Annual report for 2024 published
  • Industry changed to Manufacture of tubes, pipes, hollow profiles and related fittings, of steel (242000)
20241 changeaccounts 1
  • Annual report for 2023 published
20237 changesmanagement 1 · ownership 5 · accounts 1
  • Peter Espersen stepped down as board member
  • DAMSTAHL A/S registered as owner (50%)
  • Armaturenwerk Hötensleben GmbH registered as owner (50%)
  • PETER ESPERSEN HOLDING ApS is no longer registered as owner
  • DAMSTAHL A/S is no longer registered as owner
  • Armaturenwerk Hötensleben GmbH is no longer registered as owner
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20207 changesmerger 1 · management 4 · ownership 2
  • Merger registered in CVR
  • Peter Skelkjær appointed ceo
  • Peter Espersen stepped down as ceo
  • Peter Espersen appointed ceo
  • René Holm stepped down as director
  • PETER ESPERSEN HOLDING ApS registered as owner (10%)
  • A/S af 1. november 2018 is no longer registered as owner
201911 changesmanagement 9 · ownership 2
  • Thomas Harry Otto Erhorn appointed board member
  • Wolf Ehrenberg appointed chair of the board
  • Harry Joseph Ehrenberg appointed board member
  • Michael Lund Rauff Finnerup appointed board member
  • Bjarki Ernst Mohr stepped down as chair of the board
  • Karl-Gustav Bendtsen stepped down as board member
  • Thomas Christensen stepped down as board member
  • DAMSTAHL A/S registered as owner (33.33%)
  • Armaturenwerk Hötensleben GmbH registered as owner (33.33%)
  • René Holm appointed director
  • Peter Espersen stepped down as director
20185 changesmanagement 5
  • Bjarki Ernst Mohr appointed chair of the board
  • Karl-Gustav Bendtsen appointed board member
  • Thomas Christensen appointed board member
  • Ann Bodilsen stepped down as board member
  • Karl-Gustav Bendtsen stepped down as chair of the board
20161 changemanagement 1
  • John Christian Bennett-Therkildsen stepped down as board member
20146 changesmanagement 5 · ownership 1
  • Karl-Gustav Bendtsen appointed chair of the board
  • John Christian Bennett-Therkildsen appointed board member
  • Ann Bodilsen appointed board member
  • Hartmann Harkjær Jensen stepped down as chair of the board
  • Bjarne Klejnstrup Frandsen stepped down as board member
  • A/S af 1. november 2018 registered as owner (10%)
20096 changesindustry 1 · founded 1 · management 4
  • Industry changed to Manufacture of tubes, pipes, hollow profiles and related fittings, of steel (242000)
  • Registered as KM RUSTFRI A/S
  • Hartmann Harkjær Jensen appointed chair of the board
  • Peter Espersen appointed director
  • Peter Espersen appointed board member
  • Bjarne Klejnstrup Frandsen appointed board member

Related companies

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction