V-Steel A/S

Public limited companyCVR 37033375SkiveActive

V-Steel A/S is a public limited company, based in Skive, active in manufacture of metal structures and parts of structures, founded in 2015. Net profit fell 16% from 2024 to 2025, ending at DKK 5.9m.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 14.3m+4.4% vs. 2024

Net profitDKK 5.9m−15.8% vs. 2024

EquityDKK 7.5m−12.4% vs. 2024

Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 4% (2024 → 2025), to DKK 14.3m.
Net profit fell 16% (2024 → 2025), to DKK 5.9m.
Equity fell 12% (2024 → 2025), to DKK 7.5m.

Employees

2 fewer employees than a year earlier: 8 (07/2026) against 10 (07/2025).

Management and owners, last 24 months

New in management: John Haue Damkjær (chair of the board, 15/08/2026).
Stepped down: Niels Düring Pedersen (chair of the board, 15/08/2026).

Registrations, last 24 months

02/09/2025: Moved to Marienlystvej 33, 7800 Skive

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

EquityNet profit

Financial figures for V-Steel A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	9,377	7,739	8,913	10,776	13,725	14,327	+4.4%
Operating profit (EBIT)	–	5,000	5,923	6,688	8,892	7,665	−13.8%
Profit before tax	6,390	5,782	5,075	7,023	9,041	7,622	−15.7%
Net profit	4,968	4,473	3,956	5,476	7,050	5,934	−15.8%
Total assets	14,019	13,081	12,942	14,873	15,552	12,148	−21.9%
Equity	7,297	5,269	6,265	8,291	8,569	7,504	−12.4%
Liabilities	–	6,614	5,180	5,013	4,882	2,576	−47.2%
Cash and cash equivalents	6,096	4,091	3,598	6,830	7,385	3,755	−49.1%
Average number of employees	0	0	4	4	5	8	+60%

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

Compare with the industry (288 companies)

Gross profitMedian, the industry (288 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 V-Steel A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	22/05/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	07/03/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	31/05/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	24/05/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	08/06/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	24/05/2021	The company	PDF XBRL

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

Employees

Position in the industry

288 companies in the database

Comparison with the other companies in manufacture of metal structures and parts of structures based on the latest financial year.

Gross profitDKK 14.3mNo. 106 of 288

Better than 63% of the companies in the industry

EquityDKK 7.5mNo. 103 of 288

Better than 64% of the companies in the industry

Number of employees8No. 173 of 288

Better than 40% of the companies in the industry

Industry median: gross profit DKK 8.5m, net profit DKK 578k, equity DKK 3.6m, 13 employees.

Distribution of gross profit for 282 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 2,607of 69,742 Better than 96%	No. 10,944of 69,964 Better than 84%
Same industry and fewer than 20 employees164 companies in the comparison	No. 7of 164 Better than 96%	No. 16of 164 Better than 91%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 2,974of 33,588 Better than 91%	No. 4,558of 33,687 Better than 86%
All companies of type A/S18,025 companies in the comparison	No. 7,395of 17,786 Better than 58%	No. 9,909of 18,024 Better than 45%

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 metal structures and parts of structures

Gross profit

V-Steel A/SDKK 14.3m
Welcon A/SDKK 570.4m
Csk Stålindustri A/SDKK 435.2m

Net profit

V-Steel A/SDKK 5.9m
Welcon A/SDKK 87.7m
Csk Stålindustri A/SDKK 205.6m

Equity

V-Steel A/SDKK 7.5m
Welcon A/SDKK 274.6m
Csk Stålindustri A/SDKK 365.3m

Employees

V-Steel A/S8
Welcon A/S830
Csk Stålindustri A/S296

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

FTE Holding 2024 ApS100%

V-Steel A/S

Management

4 active registrations

Executive management

Executive management at V-Steel A/S
Name	Role	Appointed
Søren Vestergaard	Director	25/08/2015

Board of directors

Board of directors at V-Steel A/S
Name	Role	Appointed
Søren Vestergaard	Board member	25/08/2015
Bjarne Grølsted-Kristensen	Board member	11/06/2024
John Haue Damkjær	Chair of the board	15/08/2026

Auditor: Dansk Revision Skive Registreret Revisionsanpartsselskab
Founders: Søren Vestergaard Holding ApS

Former management (3)

Former management at V-Steel A/S
Name	Role	Appointed	Resigned
Hans Peter Vestergaard	Board member	25/08/2015	11/06/2024
Randi Hyldgård Vestergaard	Chair of the board	25/08/2015	11/06/2024
Niels Düring Pedersen	Chair of the board	11/06/2024	15/08/2026

Signing rule: Selskabet tegnes af en direktør sammen med bestyrelsesformanden, eller af et bestyrelsesmedlem og bestyrelsesformanden i forening, eller af den samlede bestyrelse.

Address and production units

1 active production units

Marienlystvej 33
7800 Skive

Skive Municipality · Postcode 7800

Production units
Production unit	Address	Industry	Employees	P number
V-Steel A/S	Marienlystvej 33, 7800 Skive	Manufacture of metal structures and parts of structures	9	1020670386

Purpose

Selskabets formål er salg af stålkonstruktioner mv. samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

28 registered events

62015

02016

02017

02018

12019

02020

12021

12022

12023

132024

22025

32026

20263 changesmanagement 2 · accounts 1

15/08ManagementJohn Haue Damkjær appointed chair of the board
15/08ManagementNiels Düring Pedersen stepped down as chair of the board
22/05AccountsAnnual report for 2025 published

20252 changesaddress 1 · accounts 1

02/09AddressMoved to Marienlystvej 33, 7800 Skive
07/03AccountsAnnual report for 2024 published

202413 changesmanagement 4 · ownership 8 · accounts 1

11/06ManagementNiels Düring Pedersen appointed chair of the board
11/06ManagementBjarne Grølsted-Kristensen appointed board member
11/06ManagementRandi Hyldgård Vestergaard stepped down as chair of the board
11/06ManagementHans Peter Vestergaard stepped down as board member
10/06OwnershipSV Group ApS registered as owner (33.33%)
10/06OwnershipSV Group ApS is no longer registered as owner
10/06OwnershipEC Steel ApS registered as owner (50%)
10/06OwnershipEC Steel ApS is no longer registered as owner
10/06OwnershipA.B. Skov Holding ApS registered as owner (15%)
10/06OwnershipA.B. Skov Holding ApS is no longer registered as owner
10/06OwnershipFTE Holding 2024 ApS registered as owner (100%)
10/06OwnershipSØREN VESTERGAARD HOLDING ApS is no longer registered as owner
31/05AccountsAnnual report for 2023 published

20231 changeaccounts 1

24/05AccountsAnnual report for 2022 published

20221 changeaccounts 1

08/06AccountsAnnual report for 2021 published

20211 changeaccounts 1

24/05AccountsAnnual report for 2020 published

20191 changeaddress 1

14/05AddressMoved to Strøget 14, Oddense, 7860 Spøttrup

20156 changesfounded 1 · management 4 · ownership 1

25/08FoundedRegistered as V-Steel A/S
25/08ManagementSøren Vestergaard appointed board member
25/08ManagementSøren Vestergaard appointed director
25/08ManagementRandi Hyldgård Vestergaard appointed chair of the board
25/08ManagementHans Peter Vestergaard appointed board member
25/08OwnershipSØREN VESTERGAARD HOLDING ApS registered as owner (100%)

Related companies

Same industry in Skive

NG Metal A/S59 employees
Søgaard Stål A/S56 employees
Hem Steel A/S50 employees
MT Stålindustri A/S24 employees
Salling Klejnsmedie ApS7 employees
Karnapperiet ApS7 employees

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Same people in management

Hottinger Brüel & Kjær A/Svia Bjarne Grølsted-Kristensen
Hvidbjerg Vinduet A/Svia Bjarne Grølsted-Kristensen
Gerresheimer Vaerloese A/Svia Niels Düring Pedersen
Ammeraal Beltech Modular A/Svia John Haue Damkjær
Kaj Larsen A/Svia Niels Düring Pedersen
Aco Funki A/Svia Bjarne Grølsted-Kristensen

Largest in the industry

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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 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVR Report a correction