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Kverneland Group Danmark A/S

Public limited companyCVR 12006675KertemindeActive

Kverneland Group Danmark A/S is a public limited company, based in Kerteminde, active in wholesale of agricultural machinery, equipment and supplies, founded in 1988. Net profit fell 6% from 2024 to 2025, ending at DKK 2.3m.

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Key figures · financial year 2025

Gross profitDKK 14.7m+4% vs. 2024
Net profitDKK 2.3m−6.4% vs. 2024
EquityDKK 49.9m+4.8% vs. 2024
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 4% (2024 → 2025), to DKK 14.7m.
  • Net profit fell 6% (2024 → 2025), to DKK 2.3m.
  • Equity rose 5% (2024 → 2025), to DKK 49.9m.

Management and owners, last 24 months

  • New in management: Karl Engelbrecht (chair of the board, 01/01/2025).
  • Stepped down: Arild Gjerde (chair of the board, 31/12/2024).

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 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Kverneland Group Danmark A/S
202020212022202320242025Change
Revenue16,29915,38416,56619,85114,139not stated–
Gross profit16,29915,38416,56619,85114,13914,709+4%
Operating profit (EBIT)2,9411,9842,4093,5971,9442,293+17.9%
Profit before tax3,0372,0252,5364,2263,1512,956−6.2%
Net profit2,3671,5781,9743,3532,4262,271−6.4%
Total assets60,34472,70585,14265,85164,46562,453−3.1%
Equity38,25439,83241,80745,16047,58649,857+4.8%
Liabilities21,04031,53841,89018,94115,77910,720−32.1%
Cash and cash equivalents31,70339,12532,00543,43633,02742,589+29%
Average number of employees121213121112+9.1%

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 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 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18mDKK 20m202020212022202320242025
Gross profitMedian, the industry (230 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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
Annual reports for Kverneland Group Danmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202509/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202408/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202309/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202208/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202109/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202017/09/2021The 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
024681012141609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

230 companies in the database

Comparison with the other companies in wholesale of agricultural machinery, equipment and supplies based on the latest financial year.

Gross profitDKK 14.7mNo. 65 of 230
Better than 72% of the companies in the industry
EquityDKK 49.9mNo. 22 of 230
Better than 91% of the companies in the industry
Number of employees12No. 98 of 230
Better than 58% of the companies in the industry

Industry median: gross profit DKK 6.9m, net profit DKK 958k, equity DKK 6.6m, 10 employees.

DKK 100kDKK 622kDKK 3.9mDKK 24.1mDKK 81.5mHere
Distribution of gross profit for 224 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. 2,495of 69,742
Better than 96%
No. 3,080of 69,964
Better than 96%
Same industry and fewer than 20 employees153 companies in the comparison
No. 4of 153
Better than 98%
No. 5of 153
Better than 97%
Companies that are at least 30 years old10,276 companies in the comparison
No. 3,404of 10,152
Better than 66%
No. 1,994of 10,275
Better than 81%
All companies of type A/S18,025 companies in the comparison
No. 7,273of 17,786
Better than 59%
No. 3,584of 18,024
Better than 80%

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 agricultural machinery, equipment and supplies
Gross profit
  1. Kverneland Group Danmark A/SDKK 14.7m
  2. Semler Agro A/SDKK 150m
  3. TBS Maskinpower ApSDKK 142.9m
Net profit
  1. Kverneland Group Danmark A/SDKK 2.3m
  2. Semler Agro A/S−DKK 26.3m
  3. TBS Maskinpower ApS−DKK 2.4m
Equity
  1. Kverneland Group Danmark A/SDKK 49.9m
  2. Semler Agro A/SDKK 238.2m
  3. TBS Maskinpower ApSDKK 129.4m
Employees
  1. Kverneland Group Danmark A/S12
  2. Semler Agro A/S284
  3. TBS Maskinpower ApS187

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
  • Kverneland Group Holding (DK) A/S100%
Kverneland Group Danmark A/S

Management

4 active registrations

Executive management

Executive management at Kverneland Group Danmark A/S
NameRoleAppointed
Mats Ingmar TykessonCEO01/07/2009

Board of directors

Board of directors at Kverneland Group Danmark A/S
NameRoleAppointed
Claus Udengaard ThomsenBoard member19/04/2005
Mats Ingmar TykessonBoard member01/07/2009
Karl EngelbrechtChair of the board01/01/2025
Founders
VX 10.312 ApS, ApS Hvkmd 5 Nr. 555, Pehsb ApS
Former management (34)
Former management at Kverneland Group Danmark A/S
NameRoleAppointedResigned
Per Emil Hasselbalch StakemannDirector01/03/198826/08/1988
Hans Bro NielsenBoard member01/03/198822/02/1989
Ulf Svejgaard PoulsenBoard member01/03/198826/08/1988
Freddy FrandsenBoard member01/03/198828/06/1989
Freddy FrandsenDirector01/03/198822/02/1989
Susanne Saul StakemannChair of the board01/03/198826/08/1988
Ole Per SørensenBoard member01/03/198817/07/1991
Per Emil Hasselbalch StakemannBoard member01/03/198826/08/1988
Lasse Godsk SkovdalChair of the board01/03/198825/01/1999
Nils Frode UnderhaugChair of the board01/03/198815/12/1997
Audun BergChair of the board01/03/198822/02/1989
Sven Olaf HegstadChair of the board01/03/198817/07/1991
Oddbjørn EliassenBoard member01/03/198817/07/1991
Olav HørsdalChair of the board01/03/198802/11/1994
Sveinung HestnesDeputy board member01/03/198802/11/1994
Kjell KlevBoard member01/03/198802/11/1994
Rune Ingve FløgstadBoard member01/03/198811/02/1998
Eirik LarsenBoard member01/03/198825/01/1999
Leif SøftingChair of the board01/03/198823/11/2000
Helge Aase NesvågBoard member25/01/199923/11/2000
Atle EideChair of the board23/11/200008/11/2001
Rasmus NorbøDeputy chair23/11/200008/11/2001
Poul Erik SørensenCEO08/11/200118/08/2004
Carl Gustaf Magnus ArbellDeputy chair08/11/200128/02/2003
Patrick Andre Christian VerheeckeChair of the board08/11/200125/03/2004
Mats Ingmar TykessonDeputy chair01/03/200325/03/2004
Leiv Olav KallestadChair of the board25/03/200419/04/2005
Poul Erik SørensenDeputy chair18/08/200419/04/2005
Jesper Gedsø SmithBoard member18/08/200401/07/2009
Jesper Gedsø SmithCEO18/08/200411/05/2009
Bente Bisgaard HillBoard member19/04/200523/03/2007
Jens Kristian ReinChair of the board23/03/200711/05/2009
Jan AarenstrupCEO11/05/200901/07/2009
Arild GjerdeChair of the board11/05/200931/12/2024

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af bestyrelsens formand i forening med en direktør eller af bestyrelsens næstformand i forening med en direktør.

Address and production units

1 active production units

Tårupstrandvej 25
5300 Kerteminde

Kerteminde Municipality · Postcode 5300

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
KVERNELAND GROUP DANMARK A/STårupstrandvej 25, 5300 Kerteminde121000314499

Purpose

Selskabets formål er at drive handel og industri samt al anden virksomhed som efter bestyrelsens skøn står i forbindelse hermed

The purpose is quoted from the register in Danish.

Changes year by year

86 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · management 1
  • Annual report for 2024 published
  • Karl Engelbrecht appointed chair of the board
20242 changesmanagement 1 · accounts 1
  • Arild Gjerde stepped down as chair of the board
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20098 changesmanagement 8
  • Mats Ingmar Tykesson appointed ceo
  • Mats Ingmar Tykesson appointed board member
  • Jan Aarenstrup stepped down as ceo
  • Jesper Gedsø Smith stepped down as board member
  • Jan Aarenstrup appointed ceo
  • Arild Gjerde appointed chair of the board
  • Jens Kristian Rein stepped down as chair of the board
  • Jesper Gedsø Smith stepped down as ceo
20081 changeindustry 1
  • Industry changed to Wholesale of agricultural machinery, equipment and supplies (466100)
20073 changesmanagement 2 · address 1
  • Jens Kristian Rein appointed chair of the board
  • Bente Bisgaard Hill stepped down as board member
  • Moved to Tårupstrandvej 25, 5300 Kerteminde
20054 changesmanagement 4
  • Claus Udengaard Thomsen appointed board member
  • Bente Bisgaard Hill appointed board member
  • Poul Erik Sørensen stepped down as deputy chair
  • Leiv Olav Kallestad stepped down as chair of the board
20047 changesmanagement 7
  • Jesper Gedsø Smith appointed board member
  • Jesper Gedsø Smith appointed ceo
  • Poul Erik Sørensen appointed deputy chair
  • Poul Erik Sørensen stepped down as ceo
  • Leiv Olav Kallestad appointed chair of the board
  • Mats Ingmar Tykesson stepped down as deputy chair
  • Patrick Andre Christian Verheecke stepped down as chair of the board
20032 changesmanagement 2
  • Mats Ingmar Tykesson appointed deputy chair
  • Carl Gustaf Magnus Arbell stepped down as deputy chair
20016 changesname 1 · management 5
  • Name changed from KVERNELAND (DK) A/S to KVERNELAND GROUP DANMARK A/S
  • Carl Gustaf Magnus Arbell appointed deputy chair
  • Patrick Andre Christian Verheecke appointed chair of the board
  • Poul Erik Sørensen appointed ceo
  • Rasmus Norbø stepped down as deputy chair
  • Atle Eide stepped down as chair of the board
20004 changesmanagement 4
  • Rasmus Norbø appointed deputy chair
  • Atle Eide appointed chair of the board
  • Helge Aase Nesvåg stepped down as board member
  • Leif Søfting stepped down as chair of the board
19993 changesmanagement 3
  • Helge Aase Nesvåg appointed board member
  • Eirik Larsen stepped down as board member
  • Lasse Godsk Skovdal stepped down as chair of the board
19981 changemanagement 1
  • Rune Ingve Fløgstad stepped down as board member
19971 changemanagement 1
  • Nils Frode Underhaug stepped down as chair of the board
19951 changeownership 1
  • KVERNELAND GROUP HOLDING (DK) A/S registered as owner (100%)
19943 changesmanagement 3
  • Kjell Klev stepped down as board member
  • Sveinung Hestnes stepped down as deputy board member
  • Olav Hørsdal stepped down as chair of the board
19913 changesmanagement 3
  • Oddbjørn Eliassen stepped down as board member
  • Sven Olaf Hegstad stepped down as chair of the board
  • Ole Per Sørensen stepped down as board member
19901 changename 1
  • Name changed from KVERNELAND-FRAUGDE A/S to KVERNELAND (DK) A/S
19894 changesmanagement 4
  • Freddy Frandsen stepped down as board member
  • Audun Berg stepped down as chair of the board
  • Freddy Frandsen stepped down as director
  • Hans Bro Nielsen stepped down as board member
198826 changesname 1 · capital 1 · management 23 · founded 1
  • Name changed from A/S PSE NR. 2603 to KVERNELAND-FRAUGDE A/S
  • Share capital changed from 300,000 DKK to 7,500,000 DKK
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Susanne Saul Stakemann stepped down as chair of the board
  • Ulf Svejgaard Poulsen stepped down as board member
  • Registered as A/S PSE NR. 2603
  • Per Emil Hasselbalch Stakemann appointed director
  • Leif Søfting appointed chair of the board
  • Eirik Larsen appointed board member
  • Rune Ingve Fløgstad appointed board member
  • Kjell Klev appointed board member
  • Sveinung Hestnes appointed deputy board member
  • Olav Hørsdal appointed chair of the board
  • Oddbjørn Eliassen appointed board member
  • Sven Olaf Hegstad appointed chair of the board
  • Audun Berg appointed chair of the board
  • Nils Frode Underhaug appointed chair of the board
  • Lasse Godsk Skovdal appointed chair of the board
  • Per Emil Hasselbalch Stakemann appointed board member
  • Ole Per Sørensen appointed board member
  • Susanne Saul Stakemann appointed chair of the board
  • Freddy Frandsen appointed director
  • Freddy Frandsen appointed board member
  • Ulf Svejgaard Poulsen appointed board member
  • Hans Bro Nielsen appointed board member

Related companies

Same industry in Kerteminde

See all →

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.

View in CVRReport a correction