Kvadrat Holding A/S

Public limited companyCVR 15120002EbeltoftActive

Kvadrat Holding A/S is a public limited company, based in Ebeltoft, active in non-financial holding companies, founded in 1990. Net profit rose 86% from 2024 to 2025, ending at DKK 13.6m. With 4 employees, the company is about 4 times larger than the industry median. Gross profit is higher than that of 99% of the companies in the industry in the database.

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Key figures · financial year 2025

RevenueDKK 1.8bn+8.4% vs. 2024
Net profitDKK 13.6m+86.2% vs. 2024
EquityDKK 317.1m−1.8% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 12% (2024 → 2025), to DKK 783.6m.
  • Revenue rose 8% (2024 → 2025), to DKK 1.8bn.
  • Net profit rose 86% (2024 → 2025), to DKK 13.6m.
  • Equity fell 2% (2024 → 2025), to DKK 317.1m.

Management and owners, last 24 months

  • New owners registered: Søren Byriel (03/10/2025), Morten Rønn Rasmussen (03/10/2025) and Rasmus Byriel (03/10/2025) (+14).
  • No longer registered as owner: Søren Byriel (30/09/2025), Morten Rønn Rasmussen (30/09/2025) and Rasmus Byriel (30/09/2025) (+9).

Registrations, last 24 months

  • 05/01/2026: 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 thousand

Equity and net profit

−DKK 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400m202020212022202320242025
EquityNet profit
Financial figures for Kvadrat Holding A/S
202020212022202320242025Change
Revenue1,452,9931,596,2121,869,5091,758,5321,644,7261,783,172+8.4%
Gross profit520,612606,385688,745642,052698,685783,589+12.2%
Operating profit (EBIT)11,91142,92833,135−10,58471,880109,342+52.1%
Profit before tax2,60829,31528,717−62,9149,70524,152+148.9%
Net profit1,19524,92612,513−81,9037,32813,646+86.2%
Total assets1,298,7931,591,9191,616,9961,390,4031,402,7641,365,483−2.7%
Equity382,724440,427416,899323,449322,779317,084−1.8%
Liabilities907,0081,144,1091,176,7011,040,7891,055,6271,033,769−2.1%
Cash and cash equivalents127,661162,838134,63897,816134,92866,221−50.9%
Average number of employees8989881,058986967927−4.1%

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 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600mDKK 700mDKK 800m202020212022202320242025
Gross profitMedian, the industry (2,138 companies)

Annual reports

6 financial years
Annual reports for Kvadrat Holding 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 – 31/12/202211/04/2023The 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

annual figures from CVR
0246820002001200220062008200920112012201320142015201620172018
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profitDKK 783.6mNo. 26 of 2,093
Better than 99% of the companies in the industry
EquityDKK 317.1mNo. 249 of 2,138
Better than 88% of the companies in the industry
Number of employees4No. 23 of 2,138
Better than 99% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bnHere
Distribution of gross profit for 820 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 fewer than 20 employees69,967 companies in the comparison
No. 47of 69,742
Better than 100%
No. 676of 69,964
Better than 99%
Same industry and fewer than 20 employees2,092 companies in the comparison
No. 19of 2,048
Better than 99%
No. 234of 2,092
Better than 89%
Companies that are at least 30 years old10,276 companies in the comparison
No. 114of 10,152
Better than 99%
No. 536of 10,275
Better than 95%
All companies of type A/S18,025 companies in the comparison
No. 181of 17,786
Better than 99%
No. 1,008of 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

Non-financial holding companies
Gross profit
  1. Kvadrat Holding A/SDKK 783.6m
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Kvadrat Holding A/SDKK 13.6m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Kvadrat Holding A/SDKK 317.1m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Kvadrat Holding A/S4
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
  • Rasmus Byriel5% · 10% votes
  • Anders Byriel5% · 25% votes
  • Jesper Rønn Rasmussen5% · 10% votes
  • Mette Rønn Bendix5% · 25% votes
  • Frederik Føns Furman Bendix10% · 0% votes
  • Gustav Føns Bendix10% · 0% votes
  • Sofie Graabæk Byriel5% · 0% votes
  • Nora Graabæk Byriel5% · 0% votes
  • Sara Graabæk Byriel5% · 0% votes
Kvadrat Holding A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

9 active registrations

Executive management

Executive management at Kvadrat Holding A/S
NameRoleAppointed
Anders ByrielDirector26/03/2020
Mette Rønn BendixDirector26/03/2020

Board of directors

Board of directors at Kvadrat Holding A/S
NameRoleAppointed
Anders ByrielBoard member11/04/2008
Mette Rønn BendixBoard member11/04/2008
Søren ByrielBoard member24/04/2015
Morten Rønn RasmussenBoard member24/04/2015
Rasmus ByrielBoard member24/04/2015
Jesper Rønn RasmussenBoard member24/04/2015
Nikolaj Otto BjørnholmChair of the board01/11/2022
Founders
Poul Erik Byriel, Aase Rønn Rasmussen, Anders Byriel, Erling Vestergaard Rasmussen
Former management (9)
Former management at Kvadrat Holding A/S
NameRoleAppointedResigned
Thomas Martin ThomsenBoard member07/11/199026/10/1994
Poul Erik ByrielBoard member07/11/199025/09/2020
Poul Erik ByrielDirector07/11/199026/10/1999
Aase Rønn RasmussenBoard member07/11/199026/10/1999
Erling Vestergaard RasmussenBoard member07/11/199001/04/2023
Erling Vestergaard RasmussenDirector07/11/199026/03/2020
Bendt Fredberg JensenChair of the board11/04/200820/05/2019
Nikolaj Otto BjørnholmChair of the board20/05/201931/07/2022
Lars Monrad-GyllingChair of the board01/08/202201/11/2022

Signing rule: Selskabet tegnes af bestyrelsesformanden i forening med to bestyrelsesmedlemmer.

Address and production units

1 active production units

Lundbergsvej 10
8400 Ebeltoft

Syddjurs Municipality · Postcode 8400

Other companies at the address (4)

Production units
Production unitAddressEmployeesP number
KVADRAT HOLDING A/SLundbergsvej 10, 8400 Ebeltoft41000864140

Purpose

Selskabets formål er at eje aktier i datterselskaber og anden dermed beslægtet investering.

The purpose is quoted from the register in Danish.

Changes year by year

95 registered events
20262 changesaccounts 1 · merger 1
  • Annual report for 2025 published
  • Merger registered in CVR
202530 changesownership 29 · accounts 1
  • Søren Byriel registered as owner (0%)
  • Sara Graabæk Byriel registered as owner (5%)
  • Nora Graabæk Byriel registered as owner (5%)
  • Sofie Graabæk Byriel registered as owner (5%)
  • Gustav Føns Bendix registered as owner (10%)
  • Frederik Føns Furman Bendix registered as owner (10%)
  • Mette Rønn Bendix registered as owner (5%)
  • Jesper Rønn Rasmussen registered as owner (5%)
  • Anders Byriel registered as owner (5%)
  • Rasmus Byriel registered as owner (5%)
  • Morten Rønn Rasmussen registered as owner (0%)
  • Søren Byriel is no longer registered as owner
  • Morten Rønn Rasmussen is no longer registered as owner
  • Rasmus Byriel is no longer registered as owner
  • Anders Byriel is no longer registered as owner
  • Jesper Rønn Rasmussen is no longer registered as owner
  • Mette Rønn Bendix is no longer registered as owner
  • Søren Byriel registered as owner (10%)
  • Morten Rønn Rasmussen registered as owner (10%)
  • Rasmus Byriel registered as owner (10%)
  • Anders Byriel registered as owner (25%)
  • Jesper Rønn Rasmussen registered as owner (10%)
  • Mette Rønn Bendix registered as owner (25%)
  • Søren Byriel is no longer registered as owner
  • Mette Rønn Bendix is no longer registered as owner
  • Anders Byriel is no longer registered as owner
  • Jesper Rønn Rasmussen is no longer registered as owner
  • Rasmus Byriel is no longer registered as owner
  • Morten Rønn Rasmussen is no longer registered as owner
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesaccounts 1 · management 1
  • Annual report for 2022 published
  • Erling Vestergaard Rasmussen stepped down as board member
20227 changesmanagement 4 · accounts 1 · ownership 2
  • Nikolaj Otto Bjørnholm appointed chair of the board
  • Lars Monrad-Gylling stepped down as chair of the board
  • Lars Monrad-Gylling appointed chair of the board
  • Nikolaj Otto Bjørnholm stepped down as chair of the board
  • Annual report for 2021 published
  • Poul Erik Byriel is no longer registered as owner
  • Erling Vestergaard Rasmussen is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 4
  • Poul Erik Byriel stepped down as board member
  • Anders Byriel appointed director
  • Mette Rønn Bendix appointed director
  • Erling Vestergaard Rasmussen stepped down as director
20192 changesmanagement 2
  • Nikolaj Otto Bjørnholm appointed chair of the board
  • Bendt Fredberg Jensen stepped down as chair of the board
201812 changesownership 12
  • Søren Byriel registered as owner (10%)
  • Erling Vestergaard Rasmussen registered as owner (5%)
  • Mette Rønn Bendix registered as owner (25%)
  • Anders Byriel registered as owner (25%)
  • Jesper Rønn Rasmussen registered as owner (10%)
  • Poul Erik Byriel registered as owner (5%)
  • Rasmus Byriel registered as owner (10%)
  • Morten Rønn Rasmussen registered as owner (10%)
  • Anders Byriel is no longer registered as owner
  • Poul Erik Byriel is no longer registered as owner
  • Erling Vestergaard Rasmussen is no longer registered as owner
  • Mette Rønn Bendix is no longer registered as owner
201512 changesownership 8 · management 4
  • Anders Byriel registered as owner (20%)
  • Poul Erik Byriel registered as owner (20%)
  • Erling Vestergaard Rasmussen registered as owner (20%)
  • Mette Rønn Bendix registered as owner (20%)
  • Anders Byriel is no longer registered as owner
  • Mette Rønn Bendix is no longer registered as owner
  • Erling Vestergaard Rasmussen is no longer registered as owner
  • Poul Erik Byriel is no longer registered as owner
  • Jesper Rønn Rasmussen appointed board member
  • Søren Byriel appointed board member
  • Morten Rønn Rasmussen appointed board member
  • Rasmus Byriel appointed board member
20131 changecapital 1
  • Share capital changed from 50,000,000 DKK to 100,000,000 DKK
20114 changesownership 4
  • Anders Byriel registered as owner (15%)
  • Mette Rønn Bendix registered as owner (15%)
  • Erling Vestergaard Rasmussen registered as owner (33.33%)
  • Poul Erik Byriel registered as owner (33.33%)
20083 changesmanagement 3
  • Anders Byriel appointed board member
  • Bendt Fredberg Jensen appointed chair of the board
  • Mette Rønn Bendix appointed board member
20071 changeaddress 1
  • Moved to Lundbergsvej 10, 8400 Ebeltoft
20031 changecapital 1
  • Share capital changed from 20,000,000 DKK to 50,000,000 DKK
20001 changemerger 1
  • Merger registered in CVR
19993 changesmanagement 2 · industry 1
  • Aase Rønn Rasmussen stepped down as board member
  • Poul Erik Byriel stepped down as director
  • Industry changed to Ikke-finansielle holdingselskaber (741500)
19941 changemanagement 1
  • Thomas Martin Thomsen stepped down as board member
19907 changesfounded 1 · management 6
  • Registered as KVADRAT HOLDING A/S
  • Thomas Martin Thomsen appointed board member
  • Erling Vestergaard Rasmussen appointed director
  • Erling Vestergaard Rasmussen appointed board member
  • Aase Rønn Rasmussen appointed board member
  • Poul Erik Byriel appointed director
  • Poul Erik Byriel appointed board member

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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