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Kvong A/S

Public limited companyCVR 25877748VardeActive

Kvong A/S is a public limited company, based in Varde, active in plumbing, heat and air-conditioning installation, founded in 2001. Profit has grown three years in a row.

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Key figures · financial year 2025

Gross profitDKK 7.4m+8.8% vs. 2024
Net profitDKK 419kunchanged vs. 2024
EquityDKK 2.6m+0.7% vs. 2024
Employees11latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 9% (2024 → 2025), to DKK 7.4m.

Management and owners, last 24 months

  • New in management: Steen Kragh (board member, 23/01/2025) and Carsten Hoffenzits Nielsen (chair of the board, 23/01/2025).
  • Stepped down: Steen Kragh (chair of the board, 22/01/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Plumbing, heat and air-conditioning installation (432200)

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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5m202020212022202320242025
EquityNet profit
Financial figures for Kvong A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,5878,3968,2536,8926,7927,393+8.8%
Operating profit (EBIT)1,3951,6851,42875576582+1%
Profit before tax1,5411,7151,38233531538+1.4%
Net profit1,2401,3561,08430419419+0%
Total assets5,7356,5915,4395,1295,0344,849−3.7%
Equity3,1523,5083,3922,1222,5402,559+0.7%
Liabilities2,5703,0051,9962,9792,4552,289−6.7%
Cash and cash equivalents9324892975190183−3.6%
Average number of employees13121212100−100%

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 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
Gross profitMedian, the industry (1,357 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 100% from 10 in 2024 to 0 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.

  • 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 Kvong A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202510/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202424/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202214/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202101/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202001/03/2021The 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

1,357 companies in the database

Comparison with the other companies in plumbing, heat and air-conditioning installation based on the latest financial year.

Gross profitDKK 7.4mNo. 348 of 1,357
Better than 74% of the companies in the industry
EquityDKK 2.6mNo. 424 of 1,357
Better than 69% of the companies in the industry
Number of employees11No. 1274 of 1,357
Better than 6% of the companies in the industry

Industry median: gross profit DKK 3.3m, net profit DKK 316k, equity DKK 1.3m, 5 employees.

DKK 100kDKK 805kDKK 6.5mDKK 52.2mDKK 209.5mHere
Distribution of gross profit for 1,334 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. 7,903of 69,742
Better than 89%
No. 21,234of 69,964
Better than 70%
Same industry and fewer than 20 employees1,152 companies in the comparison
No. 150of 1,152
Better than 87%
No. 248of 1,152
Better than 79%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 7,471of 24,791
Better than 70%
No. 13,210of 24,909
Better than 47%
All companies of type A/S18,025 companies in the comparison
No. 10,338of 17,786
Better than 42%
No. 13,827of 18,024
Better than 23%

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

Plumbing, heat and air-conditioning installation
Gross profit
  1. Kvong A/SDKK 7.4m
  2. Wicotec Kirkebjerg A/SDKK 419.7m
  3. Andersen & Heegaard A/SDKK 391.6m
Net profit
  1. Kvong A/SDKK 419k
  2. Wicotec Kirkebjerg A/SDKK 115.1m
  3. Andersen & Heegaard A/SDKK 32.5m
Equity
  1. Kvong A/SDKK 2.6m
  2. Wicotec Kirkebjerg A/SDKK 494.9m
  3. Andersen & Heegaard A/SDKK 88.2m
Employees
  1. Kvong A/S11
  2. Wicotec Kirkebjerg A/S1,495
  3. Andersen & Heegaard A/S251

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
  • S.k. Invest ApS50%
  • TA Holding 2018 ApS50%
Kvong A/S

Management

5 active registrations

Executive management

Executive management at Kvong A/S
NameRoleAppointed
Tommy AmstrupDirector10/01/2001

Board of directors

Board of directors at Kvong A/S
NameRoleAppointed
Tommy AmstrupBoard member10/01/2001
Tina AmstrupBoard member10/01/2001
Steen KraghBoard member23/01/2025
Carsten Hoffenzits NielsenChair of the board23/01/2025
Founders
Steen Kragh, Tommy Amstrup
Former management (2)
Former management at Kvong A/S
NameRoleAppointedResigned
Steen KraghChair of the board10/01/200122/01/2025
Mona Ley KraghBoard member10/01/200107/02/2017

Signing rule: Selskabet tegnes af en direktør, af bestyrelsens formand eller af den samlede bestyrelse.

Address and production units

1 active production units

Langgade 5
6800 Varde

Varde Municipality · Postcode 6800

Production units
Production unitAddressEmployeesP number
KVONG A/SLanggade 5, Kvong, 6800 Varde111008257473

Purpose

Selskabets formål er at drive handel håndværk og investering, samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

27 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20255 changesaccounts 1 · management 3 · industry 1
  • Annual report for 2024 published
  • Steen Kragh appointed board member
  • Carsten Hoffenzits Nielsen appointed chair of the board
  • Steen Kragh stepped down as chair of the board
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20241 changeaccounts 1
  • 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
20202 changesaddress 1 · name 1
  • Moved to Langgade 5, Kvong, 6800 Varde
  • Name changed from KVONG SMEDE- OG MASKINFORRETNING A/S to KVONG A/S
20182 changesownership 2
  • TA Holding 2018 ApS registered as owner (50%)
  • TOMMY AMSTRUP HOLDING ApS is no longer registered as owner
20171 changemanagement 1
  • Mona Ley Kragh stepped down as board member
20161 changeaddress 1
  • Moved to Langgade 5, Kvong, 6800 Varde
20081 changeindustry 1
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20071 changeaddress 1
  • Moved to Langgade 5, Kvong, 6800 Varde
20019 changesownership 2 · industry 1 · founded 1 · management 5
  • TOMMY AMSTRUP HOLDING ApS registered as owner (50%)
  • Industry changed to VVS-installatører og blikkenslagerforretninger (453300)
  • S.K. INVEST ApS registered as owner (50%)
  • Registered as KVONG SMEDE- OG MASKINFORRETNING A/S
  • Tommy Amstrup appointed board member
  • Steen Kragh appointed chair of the board
  • Tina Amstrup appointed board member
  • Tommy Amstrup appointed director
  • Mona Ley Kragh appointed board member

Related companies

Same people in management

Largest in the industry

See all →

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