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Kvadrat A/S

Public limited companyCVR 45998517EbeltoftActive

Kvadrat A/S is a public limited company, based in Ebeltoft, active in wholesale of textiles, founded in 1968. Net profit fell 60% from 2024 to 2025, ending at DKK 4.4m. Measured by gross profit, it ranks no. 1 of 113 companies in the industry in the database. With 215 employees, the company is about 36 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 740m−55% vs. 2024
Net profitDKK 4.4m−60% vs. 2024
EquityDKK 298.4m−10.7% vs. 2024
Employees215latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 72% (2024 → 2025), to DKK 195.5m.
  • Revenue fell 55% (2024 → 2025), to DKK 740m.
  • Net profit fell 60% (2024 → 2025), to DKK 4.4m.
  • Equity fell 11% (2024 → 2025), to DKK 298.4m.

Employees

  • 20 more employees than a year earlier: 215 (07/2026) against 195 (07/2025).

Management and owners, last 24 months

  • New in management: Sven Stefan Bergfors (board member, 02/05/2026).
  • Stepped down: Torsten Leif Moe (board member, 31/01/2026).

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 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400m202020212022202320242025
EquityNet profit
Financial figures for Kvadrat A/S
202020212022202320242025Change
Revenue1,452,9931,596,0571,868,1631,757,7651,644,726739,981−55%
Gross profit521,506604,923686,164639,030697,335195,543−72%
Operating profit (EBIT)14,38444,41535,417−11,52172,6485,401−92.6%
Profit before tax8,82831,73133,666−59,86013,586−10,682−178.6%
Net profit6,49527,19016,576−74,80110,9134,367−60%
Total assets1,245,4201,527,2131,549,5241,339,2521,356,0831,057,261−22%
Equity375,940433,386411,644327,076333,942298,353−10.7%
Liabilities860,9011,086,9711,114,950990,5381,002,370745,746−25.6%
Cash and cash equivalents127,225161,096134,49897,428134,1053,026−97.7%
Average number of employees8989861,057986967194−79.9%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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

DKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600mDKK 700m202020212022202320242025
Gross profitMedian, the industry (113 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 80% from 967 in 2024 to 194 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 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 Kvadrat A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202504/05/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202401/04/2025The groupPDFXBRL
202301/01/2023 – 31/12/202326/04/2024The groupPDFXBRL
202201/01/2022 – 31/12/202214/04/2023The groupPDFXBRL
202101/01/2021 – 31/12/202102/05/2022The groupPDFXBRL
202001/01/2020 – 31/12/202003/05/2021The groupPDFXBRL

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
05010015020025008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

113 companies in the database

Comparison with the other companies in wholesale of textiles based on the latest financial year.

Gross profitDKK 195.5mNo. 1 of 113
Better than 100% of the companies in the industry
EquityDKK 298.4mNo. 1 of 113
Better than 100% of the companies in the industry
Number of employees215No. 3 of 113
Better than 98% of the companies in the industry

Industry median: gross profit DKK 5.2m, net profit DKK 385k, equity DKK 5.1m, 6 employees.

DKK 100kDKK 665kDKK 4.4mDKK 29.4mDKK 104mHere
Distribution of gross profit for 107 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 200–499 employees796 companies in the comparison
No. 299of 763
Better than 61%
No. 196of 796
Better than 75%
Companies that are at least 30 years old10,276 companies in the comparison
No. 453of 10,152
Better than 96%
No. 566of 10,275
Better than 95%
All companies of type A/S18,025 companies in the comparison
No. 808of 17,786
Better than 95%
No. 1,059of 18,024
Better than 94%

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 textiles
Gross profit
  1. Kvadrat A/SDKK 195.5m
  2. Hans Aa A/SDKK 111m
  3. Trademark Textiles A/SDKK 82.7m
Net profit
  1. Kvadrat A/SDKK 4.4m
  2. Hans Aa A/SDKK 24.4m
  3. Trademark Textiles A/SDKK 24.1m
Equity
  1. Kvadrat A/SDKK 298.4m
  2. Hans Aa A/SDKK 80.8m
  3. Trademark Textiles A/SDKK 68.1m
Employees
  1. Kvadrat A/S215
  2. Hans Aa A/S43
  3. Trademark Textiles A/S73

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
Kvadrat A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

8 active registrations

Executive management

Executive management at Kvadrat A/S
NameRoleAppointed
Anders ByrielCEO01/07/1998
Mette Rønn BendixProduktdirektør01/07/1998

Board of directors

Board of directors at Kvadrat A/S
NameRoleAppointed
Anders ByrielBoard member01/07/1968
Mette Rønn BendixBoard member01/07/1968
Lars Monrad-GyllingChair of the board05/03/2019
Claire MidwoodBoard member08/03/2022
Christian MadsbjergBoard member20/06/2024
Sven Stefan BergforsBoard member02/05/2026
Former management (15)
Former management at Kvadrat A/S
NameRoleAppointedResigned
Bendt Fredberg JensenChair of the board01/07/196804/03/2019
Thomas Martin ThomsenBoard member01/07/196817/06/1994
Peter Vinkler SimonsenBoard member01/07/196801/11/1996
Poul Erik ByrielBoard member01/07/196817/03/2020
Poul Erik ByrielDirector01/07/196830/06/1998
Aase Rønn RasmussenBoard member01/07/196813/01/1993
Kirsten Elsebeth ByrielBoard member01/07/196804/02/1991
Erling Vestergaard RasmussenBoard member01/07/196817/03/2020
Erling Vestergaard RasmussenDirector01/07/196830/06/1998
Carsten Nissen TherkildsenBoard member01/07/196811/04/2008
Torsten Leif MoeBoard member26/03/201006/04/2013
Lars Monrad-GyllingBoard member26/03/201004/03/2019
Bendt Fredberg JensenBoard member05/03/201917/03/2020
Mikael Fabian SchillerBoard member05/03/201901/04/2023
Torsten Leif MoeBoard member17/03/202031/01/2026

Signing rule: Selskabet tegnes af 3 medlemmer af bestyrelsen i forening eller af 2 direktører i forening eller af den samlede bestyrelse

Address and production units

2 active production units

Lundbergsvej 10
8400 Ebeltoft

Syddjurs Municipality · Postcode 8400

Other companies at the address (4)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
KVADRAT A/SLundbergsvej 10, 8400 Ebeltoft1781001875972
KVADRAT A/SKlubiensvej 22, 2150 Nordhavn381017239046

Purpose

Selskabets formål er salg en gros af boligtextiler samt agenturvirksomhed her indenfor samt hermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

53 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Sven Stefan Bergfors appointed board member
  • Torsten Leif Moe stepped down as board member
20251 changeaccounts 1
  • Annual report for 2024 published
20242 changesmanagement 1 · accounts 1
  • Christian Madsbjerg appointed board member
  • Annual report for 2023 published
20232 changesaccounts 1 · management 1
  • Annual report for 2022 published
  • Mikael Fabian Schiller stepped down as board member
20222 changesaccounts 1 · management 1
  • Annual report for 2021 published
  • Claire Midwood appointed board member
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 4
  • Torsten Leif Moe appointed board member
  • Bendt Fredberg Jensen stepped down as board member
  • Erling Vestergaard Rasmussen stepped down as board member
  • Poul Erik Byriel stepped down as board member
20195 changesmanagement 5
  • Bendt Fredberg Jensen appointed board member
  • Lars Monrad-Gylling appointed chair of the board
  • Mikael Fabian Schiller appointed board member
  • Lars Monrad-Gylling stepped down as board member
  • Bendt Fredberg Jensen stepped down as chair of the board
20133 changescapital 1 · management 1 · ownership 1
  • Share capital changed from 50,000,000 DKK to 100,000,000 DKK
  • Torsten Leif Moe stepped down as board member
  • KVADRAT HOLDING A/S registered as owner (100%)
20121 changemerger 1
  • Merger registered in CVR
20102 changesmanagement 2
  • Lars Monrad-Gylling appointed board member
  • Torsten Leif Moe appointed board member
20081 changemanagement 1
  • Carsten Nissen Therkildsen stepped down as board member
20071 changeaddress 1
  • Moved to Lundbergsvej 10, 8400 Ebeltoft
20031 changecapital 1
  • Share capital changed from 30,000,000 DKK to 50,000,000 DKK
19986 changesname 1 · capital 1 · management 4
  • Name changed from KVADRAT BOLIGTEXTILER A/S to KVADRAT A/S
  • Share capital changed from 20,000,000 DKK to 30,000,000 DKK
  • Anders Byriel appointed ceo
  • Mette Rønn Bendix appointed produktdirektør
  • Poul Erik Byriel stepped down as director
  • Erling Vestergaard Rasmussen stepped down as director
19961 changemanagement 1
  • Peter Vinkler Simonsen stepped down as board member
19941 changemanagement 1
  • Thomas Martin Thomsen stepped down as board member
19931 changemanagement 1
  • Aase Rønn Rasmussen stepped down as board member
19911 changemanagement 1
  • Kirsten Elsebeth Byriel stepped down as board member
19891 changecapital 1
  • Share capital changed from 10,000,000 DKK to 20,000,000 DKK
196813 changesfounded 1 · management 12
  • Registered as KVADRAT BOLIGTEXTILER A/S
  • Bendt Fredberg Jensen appointed chair of the board
  • Erling Vestergaard Rasmussen appointed board member
  • Kirsten Elsebeth Byriel appointed board member
  • Aase Rønn Rasmussen appointed board member
  • Anders Byriel appointed board member
  • Mette Rønn Bendix appointed board member
  • Poul Erik Byriel appointed director
  • Poul Erik Byriel appointed board member
  • Peter Vinkler Simonsen appointed board member
  • Carsten Nissen Therkildsen appointed board member
  • Erling Vestergaard Rasmussen appointed director
  • Thomas Martin Thomsen 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 23/10/2026.

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