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Kvist Industries A/S

Public limited companyCVR 22629115ÅrreActive

Kvist Industries A/S is a public limited company, based in Årre, active in manufacture of furniture, founded in 1947. After a loss in 2024, the company made a profit of DKK 948k in 2025. Measured by gross profit, it ranks no. 6 of 294 companies in the industry in the database. With 73 employees, the company is about 10 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 380.2m−4.3% vs. 2024
Net profitDKK 948k+109.8% vs. 2024
EquityDKK 42.1m+2.5% vs. 2024
Employees73latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue fell 4% (2024 → 2025), to DKK 380.2m.
  • Net profit went from a loss of DKK 9.7m to a profit of DKK 948k (2024 → 2025).
  • Equity rose 2% (2024 → 2025), to DKK 42.1m.

Employees

  • 23 fewer employees than a year earlier: 73 (08/2026) against 96 (08/2025).

Management and owners, last 24 months

  • New owners registered: Tordrup Holding ApS (15/05/2025), Kvist Holding A/S (01/10/2025) and Familieselskabet Kvist ApS (01/10/2025) (+1).
  • No longer registered as owner: Kvist Holding A/S (14/05/2025), Tordrup Holding ApS (14/05/2025) and Kvist Holding A/S (30/09/2025).

Registrations, last 24 months

  • 04/07/2025: Moved to Birkegade 11, 6818 Årre
  • 01/01/2025: Industry changed to Manufacture of furniture (310000)

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 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
EquityNet profit
Financial figures for Kvist Industries A/S
202020212022202320242025Change
Revenue379,604474,247565,370407,424397,310380,214−4.3%
Gross profit161,241193,644212,886117,580139,346138,120−0.9%
Operating profit (EBIT)12,3738,9187,492−37,395−1,41210,250+825.9%
Profit before tax9,0955,8162,838−45,707−9,8253,012+130.7%
Net profit6,5965,510853−35,808−9,695948+109.8%
Total assets166,214240,274250,205194,746213,343215,645+1.1%
Equity51,17371,26766,25227,01841,07942,106+2.5%
Liabilities112,183162,044173,852162,748164,329163,540−0.5%
Cash and cash equivalents4,742354853443,257504−84.5%
Average number of employees723850935687604531−12.1%

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 0DKK 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
Gross profitMedian, the industry (295 companies)

Annual reports

6 financial years
Annual reports for Kvist Industries A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The groupPDFXBRL
202301/01/2023 – 31/12/202308/07/2024The groupPDFXBRL
202201/01/2022 – 31/12/202225/04/2023The groupPDFXBRL
202101/01/2021 – 31/12/202119/04/2022The groupPDFXBRL
202001/01/2020 – 31/12/202003/03/2021The 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
02040608010012009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

295 companies in the database

Comparison with the other companies in manufacture of furniture based on the latest financial year.

Gross profitDKK 138.1mNo. 6 of 294
Better than 98% of the companies in the industry
EquityDKK 42.1mNo. 27 of 295
Better than 91% of the companies in the industry
Number of employees73No. 3 of 295
Better than 99% of the companies in the industry

Industry median: gross profit DKK 3.5m, net profit DKK 196k, equity DKK 2.2m, 7 employees.

DKK 100kDKK 1mDKK 10.3mDKK 104.5mDKK 489.6mHere
Distribution of gross profit for 281 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. 358of 4,412
Better than 92%
No. 1,393of 4,466
Better than 69%
Same industry and 50–199 employees27 companies in the comparison
No. 1of 26
Better than 100%
No. 15of 27
Better than 46%
Companies that are at least 30 years old10,276 companies in the comparison
No. 635of 10,152
Better than 94%
No. 2,246of 10,275
Better than 78%
All companies of type A/S18,025 companies in the comparison
No. 1,149of 17,786
Better than 94%
No. 3,997of 18,024
Better than 78%

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 furniture
Gross profit
  1. Kvist Industries A/SDKK 138.1m
  2. Nobia Denmark A/SDKK 1.1bn
  3. Dan-foam ApSDKK 894.1m
Net profit
  1. Kvist Industries A/SDKK 948k
  2. Nobia Denmark A/SDKK 296.2m
  3. Dan-foam ApSDKK 623.6m
Equity
  1. Kvist Industries A/SDKK 42.1m
  2. Nobia Denmark A/SDKK 457.6m
  3. Dan-foam ApSDKK 1.3bn
Employees
  1. Kvist Industries A/S73
  2. Nobia Denmark A/S1,161
  3. Dan-foam ApS435

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
Kvist Industries A/S

Management

6 active registrations

Executive management

Executive management at Kvist Industries A/S
NameRoleAppointed
Søren KvistDirector11/03/2019
Jesper Tordrup AndersenCEO01/04/2023

Board of directors

Board of directors at Kvist Industries A/S
NameRoleAppointed
Søren KvistBoard member28/11/2011
Lars Gantzel PedersenBoard member28/11/2011
Dan Højgaard JensenBoard member05/04/2022
Thomas Villum FolmannChair of the board03/04/2023
Former management (21)
Former management at Kvist Industries A/S
NameRoleAppointedResigned
Søren Jepsen SchmidtBoard member30/09/194712/10/1998
Aage Østergaard DahlBoard member30/09/194711/09/1998
Erik EllebyeBoard member30/09/194715/01/1988
Jørgen Lauridsen JensenChair of the board30/09/194718/03/1999
Niels Holger PoulsenBoard member30/09/194715/01/1988
Hans Henning HaahrBoard member30/09/194720/04/1995
Kjeld Hans Edvard Bendix PoulsenBoard member30/09/194715/01/1988
Carsten JespersenCEO30/09/194701/08/2000
Jens-Ole PedersenDirector30/09/194715/01/1988
Peder FrederiksenDirector30/09/194701/08/1995
Carsten JespersenBoard member18/03/199929/11/1999
Søren KvistCEO01/08/200002/03/2010
Jørgen ChristensenBoard member28/11/200930/11/2010
Michael KvistBoard member02/03/201017/05/2018
Michael KvistCEO02/03/201001/11/2013
Arne KvistBoard member30/11/201028/11/2011
Peter Kirk LarsenChair of the board28/11/201110/11/2015
Jens Bach MortensenBoard member20/09/201320/06/2023
Lars BlavnsfeldtBoard member20/09/201305/04/2022
Jens Bach MortensenCEO01/11/201331/03/2023
Kurt Hedegaard CarstensenChair of the board10/11/201503/04/2023

Signing rule: Selskabet tegnes af den samlede bestyrelse, af tre medlemmer af bestyrelsen i forening, af en direktør i forening med formanden for bestyrelsen eller af en direktør i forening med et bestyrelsesmedlem

Address and production units

1 active production units

Birkegade 11
6818 Årre

Varde Municipality · Postcode 6818

Production units
Production unitAddressEmployeesP number
KVIST INDUSTRIES A/SBirkegade 11, 6818 Årre731021394099

Purpose

Selskabets formål er at drive handel og fabrikation.

The purpose is quoted from the register in Danish.

Changes year by year

83 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202510 changesownership 7 · address 1 · accounts 1 · industry 1
  • KVIST HOLDING A/S registered as owner (5%)
  • Familieselskabet Kvist ApS registered as owner (15%)
  • KVIST HOLDING A/S is no longer registered as owner
  • Moved to Birkegade 11, 6818 Årre
  • Annual report for 2024 published
  • TORDRUP HOLDING ApS registered as owner (10%)
  • KVIST HOLDING A/S registered as owner (20%)
  • TORDRUP HOLDING ApS is no longer registered as owner
  • KVIST HOLDING A/S is no longer registered as owner
  • Industry changed to Manufacture of furniture (310000)
20245 changesaccounts 1 · capital 1 · ownership 3
  • Annual report for 2023 published
  • Share capital changed from 10,225,001 DKK to 12,000,000 DKK
  • TORDRUP HOLDING ApS registered as owner (5%)
  • GANTZEL HOLDING II, IKAST ApS registered as owner (25%)
  • GANTZEL HOLDING II, IKAST ApS is no longer registered as owner
20237 changescapital 1 · management 5 · accounts 1
  • Share capital changed from 10,125,001 DKK to 10,225,001 DKK
  • Jens Bach Mortensen stepped down as board member
  • Annual report for 2022 published
  • Thomas Villum Folmann appointed chair of the board
  • Kurt Hedegaard Carstensen stepped down as chair of the board
  • Jesper Tordrup Andersen appointed ceo
  • Jens Bach Mortensen stepped down as ceo
20223 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Dan Højgaard Jensen appointed board member
  • Lars Blavnsfeldt stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20191 changemanagement 1
  • Søren Kvist appointed director
20181 changemanagement 1
  • Michael Kvist stepped down as board member
20161 changeaddress 1
  • Moved to Siggårdsvej 2, 6818 Årre
20152 changesmanagement 2
  • Kurt Hedegaard Carstensen appointed chair of the board
  • Peter Kirk Larsen stepped down as chair of the board
20137 changesmanagement 4 · capital 1 · ownership 2
  • Jens Bach Mortensen appointed ceo
  • Michael Kvist stepped down as ceo
  • Share capital changed from 10,125,000 DKK to 10,125,001 DKK
  • Jens Bach Mortensen appointed board member
  • Lars Blavnsfeldt appointed board member
  • KVIST INDUSTRIES INVEST ApS registered as owner (33.33%)
  • GANTZEL HOLDING II, IKAST ApS registered as owner (20%)
20116 changescapital 1 · management 4 · address 1
  • Share capital changed from 8,100,000 DKK to 10,125,000 DKK
  • Peter Kirk Larsen appointed chair of the board
  • Lars Gantzel Pedersen appointed board member
  • Søren Kvist appointed board member
  • Arne Kvist stepped down as board member
  • Moved to Birkegade 11, 6818 Årre
201010 changesmanagement 5 · name 1 · address 1 · capital 1 · ownership 1 · merger 1
  • Arne Kvist appointed board member
  • Jørgen Christensen stepped down as board member
  • Name changed from FORM-PRESS A/S to KVIST INDUSTRIES A/S
  • Moved to Siggårdsvej 2, 6818 Årre
  • Share capital changed from 8,000,000 DKK to 8,100,000 DKK
  • Michael Kvist appointed board member
  • Michael Kvist appointed ceo
  • Søren Kvist stepped down as ceo
  • KVIST HOLDING A/S registered as owner (25%)
  • Merger registered in CVR
20091 changemanagement 1
  • Jørgen Christensen appointed board member
20081 changeindustry 1
  • Industry changed to Fremstilling af andre møbler (310900)
20071 changeaddress 1
  • Moved to Birkegade 11, 6818 Årre
20002 changesmanagement 2
  • Søren Kvist appointed ceo
  • Carsten Jespersen stepped down as ceo
19993 changesmanagement 3
  • Carsten Jespersen stepped down as board member
  • Carsten Jespersen appointed board member
  • Jørgen Lauridsen Jensen stepped down as chair of the board
19982 changesmanagement 2
  • Søren Jepsen Schmidt stepped down as board member
  • Aage Østergaard Dahl stepped down as board member
19952 changesmanagement 2
  • Peder Frederiksen stepped down as director
  • Hans Henning Haahr stepped down as board member
19911 changecapital 1
  • Share capital changed from 6,000,000 DKK to 8,000,000 DKK
19884 changesmanagement 4
  • Kjeld Hans Edvard Bendix Poulsen stepped down as board member
  • Niels Holger Poulsen stepped down as board member
  • Erik Ellebye stepped down as board member
  • Jens-Ole Pedersen stepped down as director
194711 changesfounded 1 · management 10
  • Registered as FORM-PRESS A/S
  • Carsten Jespersen appointed ceo
  • Kjeld Hans Edvard Bendix Poulsen appointed board member
  • Hans Henning Haahr appointed board member
  • Niels Holger Poulsen appointed board member
  • Jørgen Lauridsen Jensen appointed chair of the board
  • Erik Ellebye appointed board member
  • Aage Østergaard Dahl appointed board member
  • Søren Jepsen Schmidt appointed board member
  • Peder Frederiksen appointed director
  • Jens-Ole Pedersen appointed director

Related companies

Same industry in Varde

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