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Kvm A/S

Public limited companyCVR 71014118KjellerupActive

Kvm A/S is a public limited company, based in Kjellerup, active in manufacture of machinery for mining, quarrying and construction, founded in 1982. Net profit fell 94% from 2024 to 2025, ending at DKK 140k. Measured by gross profit, it ranks no. 4 of 32 companies in the industry in the database. With 153 employees, the company is about 10 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 65.2m−2.5% vs. 2024
Net profitDKK 140k−93.7% vs. 2024
EquityDKK 46.5m−8.4% vs. 2024
Employees153latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 2% (2024 → 2025), to DKK 65.2m.
  • Net profit fell 94% (2024 → 2025), to DKK 140k.
  • Equity fell 8% (2024 → 2025), to DKK 46.5m.

Employees

  • 1 fewer employees than a year earlier: 153 (07/2026) against 154 (07/2025).

Management and owners, last 24 months

  • New in management: Lars Stagaard Jensen (board member, 19/01/2026), Kurt Bering Sørensen (chair of the board, 19/01/2026) and Lars Stagaard Jensen (director, 15/08/2026) (+1).
  • Stepped down: Lars Nørgaard (director, 19/01/2026), Lars Stagaard Jensen (chair of the board, 18/01/2026) and Lars Nørgaard (board member, 19/01/2026) (+1).
  • No longer registered as owner: La Duquesa ApS (01/11/2024).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of machinery for mining, quarrying and construction (289200)

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 Kvm A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit67,02390,86980,97183,07166,83165,189−2.5%
Operating profit (EBIT)8,57330,98118,65421,6045,7942,288−60.5%
Profit before tax8,61930,67118,42018,7202,877253−91.2%
Net profit6,64323,97414,58114,5102,238140−93.7%
Total assets99,361109,423116,440162,055164,883153,575−6.9%
Equity33,62046,03237,04348,60850,82546,545−8.4%
Liabilities61,66057,93972,95896,10799,24692,542−6.8%
Cash and cash equivalents15,44111,3684777866241,337+114.3%
Average number of employees139147155157152154+1.3%

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. 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 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (32 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 Kvm A/S
Financial yearPeriodPublishedFigures forDocuments
202501/11/2024 – 31/10/202508/01/2026The groupPDF not statedXBRL
202401/11/2023 – 31/10/202423/12/2024The groupPDFXBRL
202301/11/2022 – 31/10/202322/12/2023The groupPDFXBRL
202201/11/2021 – 31/10/202223/12/2022The groupPDFXBRL
202101/11/2020 – 31/10/202123/12/2021The groupPDFXBRL
202001/11/2019 – 31/10/202022/12/2020The 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
02040608010012014016008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

32 companies in the database

Comparison with the other companies in manufacture of machinery for mining, quarrying and construction based on the latest financial year.

Gross profitDKK 65.2mNo. 4 of 32
Better than 90% of the companies in the industry
EquityDKK 46.5mNo. 6 of 32
Better than 84% of the companies in the industry
Number of employees153No. 2 of 32
Better than 97% of the companies in the industry

Industry median: gross profit DKK 9.6m, net profit DKK 788k, equity DKK 8.1m, 16 employees.

DKK 1.8mDKK 6.6mDKK 24.1mDKK 88.1mDKK 209.1mHere
Distribution of gross profit for 32 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. 1,278of 4,412
Better than 71%
No. 1,290of 4,466
Better than 71%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,207of 10,152
Better than 88%
No. 2,095of 10,275
Better than 80%
All companies of type A/S18,025 companies in the comparison
No. 2,308of 17,786
Better than 87%
No. 3,747of 18,024
Better than 79%

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 machinery for mining, quarrying and construction
Gross profit
  1. Kvm A/SDKK 65.2m
  2. Disa Industries A/SDKK 322.1m
  3. A/S Hydrema ProduktionDKK 123.4m
Net profit
  1. Kvm A/SDKK 140k
  2. Disa Industries A/SDKK 107.8m
  3. A/S Hydrema ProduktionDKK 20.1m
Equity
  1. Kvm A/SDKK 46.5m
  2. Disa Industries A/SDKK 505.1m
  3. A/S Hydrema ProduktionDKK 117.8m
Employees
  1. Kvm A/S153
  2. Disa Industries A/S226
  3. A/S Hydrema Produktion153

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
Kvm A/S

Management

6 active registrations

Executive management

Executive management at Kvm A/S
NameRoleAppointed
Lars Stagaard JensenDirector15/08/2026

Board of directors

Board of directors at Kvm A/S
NameRoleAppointed
René Rosenlund FjellerupBoard member01/10/2010
Birgitte Nygaard JørgensenBoard member29/03/2019
Benny ForsbergBoard member26/04/2022
Lars Stagaard JensenBoard member19/01/2026
Kurt Bering SørensenChair of the board19/01/2026
Former management (42)
Former management at Kvm A/S
NameRoleAppointedResigned
Erik Spangenberg HansenBoard member30/04/198222/05/1997
Mogens Skipper-PedersenBoard member30/04/198220/12/1993
Hans HoulindBoard member30/04/198201/12/1997
Freddy FrandsenBoard member30/04/198220/12/1993
Jørgen HorstmannBoard member30/04/198222/05/1997
Ernst Viggo FrendesenDirector30/04/198222/05/1997
Evald Markus Højmark ThomsenBoard member30/04/198217/03/1988
Inge Spangenberg GelserBoard member30/04/198204/02/1993
Gudrun Elise HansenBoard member30/04/198213/04/1988
Bente Spangenberg HaagenBoard member30/04/198204/02/1993
Hans Spangenberg HansenChair of the board30/04/198201/12/1997
Hans Spangenberg HansenDirector30/04/198222/11/1994
John HansenBoard member30/04/198222/05/1997
Elsebeth Spangenberg HansenBoard member30/04/198222/05/1997
Preben Svend Qvist-SørensenBoard member07/06/199320/12/1993
Jesper Bjørn RasmussenDirector22/05/199702/09/2013
Knud Erik Juul LarsenChair of the board01/12/199725/09/2002
Preben SørensenBoard member17/02/199823/08/2001
Ove JohansenBoard member17/02/199830/03/2002
Martin Nørtoft ThomsenDeputy board member17/02/199830/04/2002
Ole MunchDirector22/02/200020/06/2008
Jacob ThistedBoard member02/10/200130/03/2002
Ernst Viggo FrendesenBoard member30/03/200208/08/2005
Hans Kristian NielsenBoard member30/03/200226/04/2022
Nicolaj Bøjlund AndersenBoard member30/04/200211/05/2007
Dan Flemming BlytækkerBoard member11/05/200701/10/2010
Ole MunchChair of the board20/06/200808/12/2011
Lars BlavnsfeldtBoard member08/12/201119/09/2018
Allan LaursenBoard member02/09/201320/12/2018
Jesper Bjørn RasmussenChair of the board02/09/201319/09/2018
Lars JørgensenCEO02/09/201301/08/2017
Erik PetersenCEO01/08/201729/03/2019
Tommy Gundelund JespersenChair of the board19/09/201819/12/2022
Jesper Bjørn RasmussenBoard member20/09/201814/12/2020
Erik PetersenBoard member20/12/201829/03/2019
Lars Stagaard JensenDirector29/03/201903/06/2019
Lars NørgaardDirector03/06/201919/01/2026
Lars Stagaard JensenBoard member14/12/202019/12/2022
Lars Stagaard JensenChair of the board20/12/202218/01/2026
Tommy Gundelund JespersenBoard member20/12/202218/12/2023
Lars NørgaardBoard member18/12/202319/01/2026
Ronnie Brandorff JensenDirector19/01/202615/08/2026

Signing rule: Selskabet tegnes af bestyrelsesformanden og direktøren i forening eller af den samlede bestyrelse i forening.

Address and production units

1 active production units

Industrivej 22
8620 Kjellerup

Silkeborg Municipality · Postcode 8620

Other companies at the address (1)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
KVM A/SIndustrivej 22, 8620 Kjellerup1531002333359

Purpose

Selskabets formål er at drive handel, håndværk og industri, herunder fabrikation af maskiner og metalvarer samt finansiering og investering, samt al virksomhed som efter bestyrelsens skøn er beslægtet hermed

The purpose is quoted from the register in Danish.

Changes year by year

122 registered events
20269 changesmanagement 8 · accounts 1
  • Lars Stagaard Jensen appointed director
  • Ronnie Brandorff Jensen stepped down as director
  • Kurt Bering Sørensen appointed chair of the board
  • Lars Stagaard Jensen appointed board member
  • Ronnie Brandorff Jensen appointed director
  • Lars Nørgaard stepped down as board member
  • Lars Nørgaard stepped down as director
  • Lars Stagaard Jensen stepped down as chair of the board
  • Annual report for 2025 published
20251 changeindustry 1
  • Industry changed to Manufacture of machinery for mining, quarrying and construction (289200)
20242 changesaccounts 1 · ownership 1
  • Annual report for 2024 published
  • La Duquesa ApS is no longer registered as owner
202310 changesownership 2 · accounts 1 · management 2 · address 4 · merger 1
  • KVM SKAKO A/S registered as owner (100%)
  • Zefyr Invest I A/S is no longer registered as owner
  • Annual report for 2023 published
  • Lars Nørgaard appointed board member
  • Tommy Gundelund Jespersen stepped down as board member
  • Moved to Industrivej 22, 8620 Kjellerup
  • Moved to Industrivej 22, 8620 Kjellerup
  • Merger registered in CVR
  • Moved to Industrivej 22, 8620 Kjellerup
  • Moved to Industrivej 22, 8620 Kjellerup
20227 changesaccounts 1 · management 6
  • Annual report for 2022 published
  • Tommy Gundelund Jespersen appointed board member
  • Lars Stagaard Jensen appointed chair of the board
  • Lars Stagaard Jensen stepped down as board member
  • Tommy Gundelund Jespersen stepped down as chair of the board
  • Benny Forsberg appointed board member
  • Hans Kristian Nielsen stepped down as board member
20213 changesaccounts 1 · name 1 · merger 1
  • Annual report for 2021 published
  • Name changed from KVM INDUSTRIMASKINER A/S to KVM A/S
  • Merger registered in CVR
20207 changesaccounts 1 · ownership 4 · management 2
  • Annual report for 2020 published
  • La Duquesa ApS registered as owner (10%)
  • Lars Stagaard Jensen appointed board member
  • Jesper Bjørn Rasmussen stepped down as board member
  • Zefyr Invest I A/S registered as owner (90%)
  • RFR I ApS is no longer registered as owner
  • Zefyr Invest I A/S is no longer registered as owner
20196 changesmanagement 6
  • Lars Nørgaard appointed director
  • Lars Stagaard Jensen stepped down as director
  • Lars Stagaard Jensen appointed director
  • Birgitte Nygaard Jørgensen appointed board member
  • Erik Petersen stepped down as board member
  • Erik Petersen stepped down as ceo
201810 changesmanagement 6 · ownership 4
  • Erik Petersen appointed board member
  • Allan Laursen stepped down as board member
  • Jesper Bjørn Rasmussen appointed board member
  • Tommy Gundelund Jespersen appointed chair of the board
  • Jesper Bjørn Rasmussen stepped down as chair of the board
  • Lars Blavnsfeldt stepped down as board member
  • Zefyr Invest I A/S registered as owner (66.67%)
  • RFR I ApS registered as owner (10%)
  • Rira II ApS is no longer registered as owner
  • RFR I ApS is no longer registered as owner
20172 changesmanagement 2
  • Erik Petersen appointed ceo
  • Lars Jørgensen stepped down as ceo
20134 changesmanagement 4
  • Allan Laursen appointed board member
  • Lars Jørgensen appointed ceo
  • Jesper Bjørn Rasmussen appointed chair of the board
  • Jesper Bjørn Rasmussen stepped down as director
20121 changeindustry 1
  • Industry changed to Manufacture of machinery for mining, quarrying and construction (289200)
20113 changesmanagement 2 · ownership 1
  • Lars Blavnsfeldt appointed board member
  • Ole Munch stepped down as chair of the board
  • Rira II ApS registered as owner (50%)
20102 changesmanagement 2
  • René Rosenlund Fjellerup appointed board member
  • Dan Flemming Blytækker stepped down as board member
20083 changesmanagement 2 · industry 1
  • Ole Munch appointed chair of the board
  • Ole Munch stepped down as director
  • Industry changed to Manufacture of other special-purpose machinery n.e.c. (289900)
20073 changesmanagement 2 · address 1
  • Dan Flemming Blytækker appointed board member
  • Nicolaj Bøjlund Andersen stepped down as board member
  • Moved to Industrivej 22, 8620 Kjellerup
20051 changemanagement 1
  • Ernst Viggo Frendesen stepped down as board member
20027 changesmanagement 7
  • Knud Erik Juul Larsen stepped down as chair of the board
  • Nicolaj Bøjlund Andersen appointed board member
  • Martin Nørtoft Thomsen stepped down as deputy board member
  • Hans Kristian Nielsen appointed board member
  • Ernst Viggo Frendesen appointed board member
  • Jacob Thisted stepped down as board member
  • Ove Johansen stepped down as board member
20012 changesmanagement 2
  • Jacob Thisted appointed board member
  • Preben Sørensen stepped down as board member
20001 changemanagement 1
  • Ole Munch appointed director
19983 changesmanagement 3
  • Preben Sørensen appointed board member
  • Ove Johansen appointed board member
  • Martin Nørtoft Thomsen appointed deputy board member
199710 changesmanagement 9 · ownership 1
  • Knud Erik Juul Larsen appointed chair of the board
  • Hans Houlind stepped down as board member
  • Hans Spangenberg Hansen stepped down as chair of the board
  • RFR I ApS registered as owner (50%)
  • Jesper Bjørn Rasmussen appointed director
  • Jørgen Horstmann stepped down as board member
  • Erik Spangenberg Hansen stepped down as board member
  • Elsebeth Spangenberg Hansen stepped down as board member
  • John Hansen stepped down as board member
  • Ernst Viggo Frendesen stepped down as director
19941 changemanagement 1
  • Hans Spangenberg Hansen stepped down as director
19936 changesmanagement 6
  • Preben Svend Qvist-Sørensen stepped down as board member
  • Freddy Frandsen stepped down as board member
  • Mogens Skipper-Pedersen stepped down as board member
  • Preben Svend Qvist-Sørensen appointed board member
  • Bente Spangenberg Haagen stepped down as board member
  • Inge Spangenberg Gelser stepped down as board member
19883 changesmanagement 2 · capital 1
  • Gudrun Elise Hansen stepped down as board member
  • Share capital changed from 3,000,000 DKK to 9,000,000 DKK
  • Evald Markus Højmark Thomsen stepped down as board member
198215 changesfounded 1 · management 14
  • Registered as KVM INDUSTRIMASKINER A/S
  • Jørgen Horstmann appointed board member
  • Freddy Frandsen appointed board member
  • Hans Houlind appointed board member
  • Erik Spangenberg Hansen appointed board member
  • Mogens Skipper-Pedersen appointed board member
  • Elsebeth Spangenberg Hansen appointed board member
  • John Hansen appointed board member
  • Hans Spangenberg Hansen appointed director
  • Hans Spangenberg Hansen appointed chair of the board
  • Bente Spangenberg Haagen appointed board member
  • Gudrun Elise Hansen appointed board member
  • Inge Spangenberg Gelser appointed board member
  • Evald Markus Højmark Thomsen appointed board member
  • Ernst Viggo Frendesen appointed director

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Same people in management

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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.

View in CVRReport a correction