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Kvh Industries A/S

Public limited companyCVR 16278203BirkerødActive

Kvh Industries A/S is a public limited company, based in Birkerød, active in other specialised wholesale n.e.c., founded in 1992. The company went from a profit in 2024 to a loss of DKK 2.7m in 2025. Equity fell to DKK 4.9m in 2025.

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Key figures · financial year 2025

Gross profitDKK 2.9m−21.9% vs. 2024
Net profit−DKK 2.7m−1,085.4% vs. 2024
EquityDKK 4.9m−35.5% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 22% (2024 → 2025), to DKK 2.9m.
  • Net profit went from a profit of DKK 277k to a loss of DKK 2.7m (2024 → 2025).
  • Equity fell 36% (2024 → 2025), to DKK 4.9m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Other specialised wholesale n.e.c. (468900)

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 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
EquityNet profit
Financial figures for Kvh Industries A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,6453,8034,0163,3933,7082,896−21.9%
Operating profit (EBIT)304309408245306209−31.8%
Profit before tax2,420336400327361−2,651−834.4%
Net profit2,346263308248277−2,729−1,085.4%
Total assets8,5338,8878,83510,1208,8236,510−26.2%
Equity6,3846,6556,9777,2537,5684,879−35.5%
Liabilities2,0992,1821,8082,8171,2061,581+31.1%
Cash and cash equivalents1,7051,6272,2622,2612,1451,668−22.3%
Average number of employees22181513116−45.5%

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 0DKK 1mDKK 2mDKK 3mDKK 4m202020212022202320242025
Gross profitMedian, the industry (224 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 36% from 2024 to 2025 (DKK 7.6m to DKK 4.9m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Fewer employees

    The number of employees fell 45% from 11 in 2024 to 6 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 Kvh Industries A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202310/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202204/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202101/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The 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
02468101209/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

224 companies in the database

Comparison with the other companies in other specialised wholesale n.e.c. based on the latest financial year.

Gross profitDKK 2.9mNo. 119 of 224
Better than 47% of the companies in the industry
EquityDKK 4.9mNo. 81 of 224
Better than 64% of the companies in the industry
Number of employees4No. 70 of 224
Better than 69% of the companies in the industry

Industry median: gross profit DKK 3.1m, net profit DKK 439k, equity DKK 2.6m, 4 employees.

DKK 100kDKK 617kDKK 3.8mDKK 23.5mDKK 79.1mHere
Distribution of gross profit for 206 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. 23,351of 69,742
Better than 67%
No. 14,396of 69,964
Better than 79%
Same industry and fewer than 20 employees195 companies in the comparison
No. 90of 195
Better than 54%
No. 55of 195
Better than 72%
Companies that are at least 30 years old10,276 companies in the comparison
No. 6,709of 10,152
Better than 34%
No. 6,238of 10,275
Better than 39%
All companies of type A/S18,025 companies in the comparison
No. 13,752of 17,786
Better than 23%
No. 11,578of 18,024
Better than 36%

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

Other specialised wholesale n.e.c.
Gross profit
  1. Kvh Industries A/SDKK 2.9m
  2. L. Øland Ventilation A/SDKK 145.1m
  3. Grundfos DK A/SDKK 140.1m
Net profit
  1. Kvh Industries A/S−DKK 2.7m
  2. L. Øland Ventilation A/SDKK 17.2m
  3. Grundfos DK A/SDKK 26.9m
Equity
  1. Kvh Industries A/SDKK 4.9m
  2. L. Øland Ventilation A/SDKK 46m
  3. Grundfos DK A/SDKK 62m
Employees
  1. Kvh Industries A/S4
  2. L. Øland Ventilation A/S206
  3. Grundfos DK A/S133

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
  • KVH Industries Inc.100%
Kvh Industries A/S

Management

4 active registrations

Executive management

Executive management at Kvh Industries A/S
NameRoleAppointed
Anthony Frederick PikeDirector25/03/2022

Board of directors

Board of directors at Kvh Industries A/S
NameRoleAppointed
Anthony Frederick PikeBoard member30/06/2021
David Lønholm Tropp HagBoard member25/03/2022
Felise FeingoldChair of the board25/03/2022
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
VX 10.312 ApS, Medimex ApS, ApS Kbil 9 Nr. 1008
Former management (15)
Former management at Kvh Industries A/S
NameRoleAppointedResigned
Hans Christian GalstBoard member01/07/199216/10/1992
Ulf Svejgaard PoulsenChair of the board01/07/199216/10/1992
Mads Erik Bjerre-PetersenBoard member01/07/199231/12/2008
Mads Erik Bjerre-PetersenDirector01/07/199231/12/2008
Per Emil Hasselbalch StakemannBoard member01/07/199216/10/1992
Per Emil Hasselbalch StakemannDirector01/07/199216/10/1992
Martin Arend Kits van HeyningenChair of the board01/07/199207/03/2022
Robert Willem Bernard Kits van HeyningenBoard member01/07/199216/01/2018
Svend Lykke LarsenBoard member01/01/200916/12/2013
Svend Lykke LarsenCEO01/01/200916/12/2013
Felise FeingoldBoard member31/05/201324/03/2022
Peter Alan RendallBoard member31/05/201322/06/2016
Peter Alan RendallCEO16/12/201322/06/2016
Felise FeingoldDirector22/06/201625/03/2022
Mark WoodheadBoard member16/01/201830/06/2021

Signing rule: Selskabet tegnes af en direktør alene, af bestyrelsesformanden alene eller af den samlede bestyrelse i forening.

Address and production units

1 active production units

Birkerød Kongevej 150B
3460 Birkerød

Rudersdal Municipality · Postcode 3460

Production units
Production unitAddressEmployeesP number
KVH INDUSTRIES A/SBirkerød Kongevej 150B, st, 3460 Birkerød41001071165

Purpose

Selskabets formål er at drive handel, udvikle produkter og udføre tjenesteydelser herpå samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

50 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Other specialised wholesale n.e.c. (468900)
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Birkerød Kongevej 150B, st, 3460 Birkerød
20227 changesaccounts 1 · management 6
  • Annual report for 2021 published
  • David Lønholm Tropp Hag appointed board member
  • Anthony Frederick Pike appointed director
  • Felise Feingold appointed chair of the board
  • Felise Feingold stepped down as director
  • Felise Feingold stepped down as board member
  • Martin Arend Kits van Heyningen stepped down as chair of the board
20213 changesmanagement 2 · accounts 1
  • Anthony Frederick Pike appointed board member
  • Mark Woodhead stepped down as board member
  • Annual report for 2020 published
20182 changesmanagement 2
  • Mark Woodhead appointed board member
  • Robert Willem Bernard Kits van Heyningen stepped down as board member
20163 changesmanagement 3
  • Felise Feingold appointed director
  • Peter Alan Rendall stepped down as ceo
  • Peter Alan Rendall stepped down as board member
20142 changesownership 1 · capital 1
  • KVH Industries Inc. registered as owner (100%)
  • Share capital changed from 500,000 DKK to 600,000 DKK
20135 changesmanagement 5
  • Peter Alan Rendall appointed ceo
  • Svend Lykke Larsen stepped down as ceo
  • Svend Lykke Larsen stepped down as board member
  • Peter Alan Rendall appointed board member
  • Felise Feingold appointed board member
20111 changename 1
  • Name changed from KVH EUROPE A/S to KVH INDUSTRIES A/S
20092 changesmanagement 2
  • Svend Lykke Larsen appointed ceo
  • Svend Lykke Larsen appointed board member
20083 changesmanagement 2 · industry 1
  • Mads Erik Bjerre-Petersen stepped down as director
  • Mads Erik Bjerre-Petersen stepped down as board member
  • Industry changed to Non-specialised wholesale trade (469000)
20071 changeaddress 1
  • Moved to Kokkedal Industripark 2B, 2980 Kokkedal
20041 changeaddress 1
  • Moved to Kokkedal Industripark 2B, 2980 Kokkedal
199214 changesname 1 · management 12 · founded 1
  • Name changed from A/S PSE NR. 4659 to KVH EUROPE A/S
  • Hans Christian Galst stepped down as board member
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Ulf Svejgaard Poulsen stepped down as chair of the board
  • Registered as A/S PSE NR. 4659
  • Hans Christian Galst appointed board member
  • Robert Willem Bernard Kits van Heyningen appointed board member
  • Martin Arend Kits van Heyningen appointed chair of the board
  • Per Emil Hasselbalch Stakemann appointed director
  • Per Emil Hasselbalch Stakemann appointed board member
  • Mads Erik Bjerre-Petersen appointed director
  • Mads Erik Bjerre-Petersen appointed board member
  • Ulf Svejgaard Poulsen appointed chair of the board

Related companies

Same industry in Rudersdal

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

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