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Svend Hoyer A/S

Public limited companyCVR 17630695HadstenActive

Svend Hoyer A/S is a public limited company, based in Hadsten, active in wholesale of other machinery and equipment, founded in 1994. Net profit rose 12% from 2024 to 2025, ending at DKK 66.5m. With 112 employees, the company is about 19 times larger than the industry median. Equity grew to DKK 198.1m in 2025.

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Key figures · financial year 2025

RevenueDKK 609.4m+6.1% vs. 2024
Net profitDKK 66.5m+12.1% vs. 2024
EquityDKK 198.1m+40.2% vs. 2024
Employees112latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 32% (2024 → 2025), to DKK 153.1m.
  • Revenue rose 6% (2024 → 2025), to DKK 609.4m.
  • Net profit rose 12% (2024 → 2025), to DKK 66.5m.
  • Equity rose 40% (2024 → 2025), to DKK 198.1m.

Employees

  • 15 fewer employees than a year earlier: 112 (08/2026) against 127 (08/2025).

Management and owners, last 24 months

  • New in management: Ketil Vesterlund (board member, 09/06/2025).
  • Stepped down: Kenneth Peter Cordes (board member, 09/06/2025).

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 50mDKK 100mDKK 150mDKK 200mDKK 250m202020212022202320242025
EquityNet profit
Financial figures for Svend Hoyer A/S
202020212022202320242025Change
Revenue393,955435,733565,175579,692574,154609,383+6.1%
Gross profit59,04448,18257,267109,212115,958153,085+32%
Operating profit (EBIT)8,544−6,599−3,30138,94142,88872,993+70.2%
Profit before tax13,0521,34913,78862,76168,67382,224+19.7%
Net profit77,2382,33914,14061,15859,33166,487+12.1%
Total assets360,204476,736553,616518,948429,756480,887+11.9%
Equity188,735195,893208,129264,425141,295198,136+40.2%
Liabilities169,619279,743343,722251,108284,816279,480−1.9%
Cash and cash equivalents112602,5901,7476,4727,456+15.2%
Average number of employees105100–108112120+7.1%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160m202020212022202320242025
Gross profitMedian, the industry (1,000 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 Svend Hoyer A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202314/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202115/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/04/2021The 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
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

1,000 companies in the database

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

Gross profitDKK 153.1mNo. 13 of 1,000
Better than 99% of the companies in the industry
EquityDKK 198.1mNo. 20 of 1,000
Better than 98% of the companies in the industry
Number of employees112No. 23 of 1,000
Better than 98% of the companies in the industry

Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.

DKK 100kDKK 961kDKK 9.2mDKK 88.8mDKK 401.7mHere
Distribution of gross profit for 957 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. 298of 4,412
Better than 93%
No. 345of 4,466
Better than 92%
Same industry and 50–199 employees62 companies in the comparison
No. 5of 62
Better than 93%
No. 7of 62
Better than 90%
Companies that are at least 30 years old10,276 companies in the comparison
No. 576of 10,152
Better than 94%
No. 798of 10,275
Better than 92%
All companies of type A/S18,025 companies in the comparison
No. 1,044of 17,786
Better than 94%
No. 1,445of 18,024
Better than 92%

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 other machinery and equipment
Gross profit
  1. Svend Hoyer A/SDKK 153.1m
  2. HydraSpecma A/SDKK 854.1m
  3. Sanovo Technology A/SDKK 779.2m
Net profit
  1. Svend Hoyer A/SDKK 66.5m
  2. HydraSpecma A/SDKK 142.1m
  3. Sanovo Technology A/SDKK 204.2m
Equity
  1. Svend Hoyer A/SDKK 198.1m
  2. HydraSpecma A/SDKK 1.2bn
  3. Sanovo Technology A/SDKK 592.3m
Employees
  1. Svend Hoyer A/S112
  2. HydraSpecma A/S365
  3. Sanovo Technology A/S216

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
Svend Hoyer A/S

Management

5 active registrations

Executive management

Executive management at Svend Hoyer A/S
NameRoleAppointed
Henrik PetersenDirector25/09/2017
Henrik Thomassen Ulrich SørensenCEO01/06/2018

Board of directors

Board of directors at Svend Hoyer A/S
NameRoleAppointed
Søren Østergaard SørensenChair of the board02/01/2018
Henrik Thomassen Ulrich SørensenBoard member26/10/2020
Ketil VesterlundBoard member09/06/2025
Founders
KR 332 ApS
Former management (18)
Former management at Svend Hoyer A/S
NameRoleAppointedResigned
Erling BorcherDirector07/02/199416/08/1996
Svend HøyerBoard member16/08/199606/10/1999
Lars HøyerDirector16/08/199602/05/2016
Jørn BiehlBoard member16/08/199606/10/1999
Lars HøyerBoard member06/10/199902/05/2016
Flemming Juul-DamChair of the board06/10/199903/09/2001
Marianne Westfall SørensenBoard member03/09/200111/05/2011
Anders Borne FauerskovChair of the board03/09/200102/05/2016
Annette Friis HøyerBoard member11/05/201102/05/2016
Thomas KlausenDirector02/05/201629/09/2017
Denis Jean Jørgen Viet-JacobsenBoard member02/05/201628/09/2017
Michael Pontoppidan FrostBoard member02/05/201626/10/2020
Johan Olof CervinChair of the board02/05/201629/09/2017
Søren Østergaard SørensenBoard member29/09/201701/01/2018
Denis Jean Jørgen Viet-JacobsenChair of the board29/09/201701/01/2018
Denis Jean Jørgen Viet-JacobsenDeputy chair02/01/201826/10/2020
Hans MønsterBoard member26/10/202002/09/2024
Kenneth Peter CordesBoard member02/09/202409/06/2025

Signing rule: Selskabet tegnes af bestyrelsesformanden i fællesskab med en direktør eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

1 active production units

Over Hadstenvej 42
8370 Hadsten

Favrskov Municipality · Postcode 8370

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
SVEND HOYER A/S - HadstenOver Hadstenvej 42, 8370 Hadsten1081000526398

Purpose

Selskabets formål er at drive eksport, import, fabrikation og hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

57 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesmanagement 2 · accounts 1
  • Ketil Vesterlund appointed board member
  • Kenneth Peter Cordes stepped down as board member
  • Annual report for 2024 published
20243 changesmanagement 2 · accounts 1
  • Kenneth Peter Cordes appointed board member
  • Hans Mønster stepped down as board member
  • 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
20204 changesmanagement 4
  • Henrik Thomassen Ulrich Sørensen appointed board member
  • Hans Mønster appointed board member
  • Denis Jean Jørgen Viet-Jacobsen stepped down as deputy chair
  • Michael Pontoppidan Frost stepped down as board member
20187 changesownership 2 · management 5
  • Hoyer Group A/S registered as owner (100%)
  • SVEND HOYER HOLDING A/S is no longer registered as owner
  • Henrik Thomassen Ulrich Sørensen appointed ceo
  • Søren Østergaard Sørensen appointed chair of the board
  • Denis Jean Jørgen Viet-Jacobsen appointed deputy chair
  • Denis Jean Jørgen Viet-Jacobsen stepped down as chair of the board
  • Søren Østergaard Sørensen stepped down as board member
20176 changesmanagement 6
  • Denis Jean Jørgen Viet-Jacobsen appointed chair of the board
  • Søren Østergaard Sørensen appointed board member
  • Thomas Klausen stepped down as director
  • Johan Olof Cervin stepped down as chair of the board
  • Denis Jean Jørgen Viet-Jacobsen stepped down as board member
  • Henrik Petersen appointed director
20168 changesmanagement 8
  • Michael Pontoppidan Frost appointed board member
  • Thomas Klausen appointed director
  • Denis Jean Jørgen Viet-Jacobsen appointed board member
  • Johan Olof Cervin appointed chair of the board
  • Annette Friis Høyer stepped down as board member
  • Anders Borne Fauerskov stepped down as chair of the board
  • Lars Høyer stepped down as board member
  • Lars Høyer stepped down as director
20112 changesmanagement 2
  • Annette Friis Høyer appointed board member
  • Marianne Westfall Sørensen stepped down as board member
20101 changename 1
  • Name changed from SVEND HØYER A/S to SVEND HOYER A/S
20081 changeindustry 1
  • Industry changed to Engroshandel med andre maskiner og andet udstyr (466900)
20071 changeaddress 1
  • Moved to Over Hadstenvej 42, 8370 Hadsten
20051 changeaddress 1
  • Moved to Over Hadstenvej 42, 8370 Hadsten
20013 changesmanagement 3
  • Anders Borne Fauerskov appointed chair of the board
  • Marianne Westfall Sørensen appointed board member
  • Flemming Juul-Dam stepped down as chair of the board
19994 changesmanagement 4
  • Lars Høyer appointed board member
  • Flemming Juul-Dam appointed chair of the board
  • Svend Høyer stepped down as board member
  • Jørn Biehl stepped down as board member
19967 changesname 1 · capital 1 · management 4 · ownership 1
  • Name changed from KM 603 ApS to SVEND HØYER A/S
  • Share capital changed from 200,000 DKK to 1,000,000 DKK
  • Svend Høyer appointed board member
  • Jørn Biehl appointed board member
  • Lars Høyer appointed director
  • Erling Borcher stepped down as director
  • SVEND HOYER HOLDING A/S registered as owner (100%)
19942 changesfounded 1 · management 1
  • Registered as KM 603 ApS
  • Erling Borcher appointed director

Related companies

Same industry in Favrskov

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