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Variant A/S

Public limited companyCVR 54899416VejleActive

Variant A/S is a public limited company, based in Vejle, active in manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers, founded in 1975. Net profit rose 35% from 2024 to 2025, ending at DKK 18.8m. Measured by gross profit, it ranks no. 3 of 40 companies in the industry in the database. Operations are spread over 3 production units.

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Key figures · financial year 2025

Gross profitDKK 91.4m+21.9% vs. 2024
Net profitDKK 18.8m+35.3% vs. 2024
EquityDKK 84.1m+8.8% vs. 2024
Employees156latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 22% (2024 → 2025), to DKK 91.4m.
  • Net profit rose 35% (2024 → 2025), to DKK 18.8m.
  • Equity rose 9% (2024 → 2025), to DKK 84.1m.

Employees

  • 25 more employees than a year earlier: 156 (07/2026) against 131 (07/2025).

Management and owners, last 24 months

  • New owners registered: Variant Holding ApS (30/06/2026).
  • No longer registered as owner: Anbu Holding ApS (30/06/2026) and Variant Holding ApS (29/06/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers (292000)

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 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for Variant A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit77,99094,24879,18472,62474,97691,402+21.9%
Operating profit (EBIT)30,59737,09218,93519,70619,02725,117+32%
Profit before tax30,12237,11018,42718,52417,86324,205+35.5%
Net profit23,45928,86114,34914,42113,90418,817+35.3%
Total assets146,918168,440162,587143,453141,890158,150+11.5%
Equity75,13093,99188,98573,40677,31184,128+8.8%
Liabilities66,78069,43871,05467,48262,04571,260+14.9%
Cash and cash equivalents27,7463,94517,85011,36911,75020,654+75.8%
Average number of employees10311511698100113+13%

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 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (40 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 Variant A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202513/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202308/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202023/02/2021The 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
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

40 companies in the database

Comparison with the other companies in manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers based on the latest financial year.

Gross profitDKK 91.4mNo. 3 of 40
Better than 95% of the companies in the industry
EquityDKK 84.1mNo. 2 of 40
Better than 97% of the companies in the industry
Number of employees156No. 4 of 40
Better than 92% of the companies in the industry

Industry median: gross profit DKK 6.8m, net profit DKK 487k, equity DKK 5.6m, 12 employees.

DKK 525kDKK 3.1mDKK 18.4mDKK 109.2mDKK 357.7mHere
Distribution of gross profit for 40 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. 787of 4,412
Better than 82%
No. 791of 4,466
Better than 82%
Companies that are at least 30 years old10,276 companies in the comparison
No. 915of 10,152
Better than 91%
No. 1,421of 10,275
Better than 86%
All companies of type A/S18,025 companies in the comparison
No. 1,708of 17,786
Better than 90%
No. 2,570of 18,024
Better than 86%

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 bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
Gross profit
  1. Variant A/SDKK 91.4m
  2. Maersk Container Industry A/SDKK 647.3m
  3. VM Tarm A/SDKK 184.3m
Net profit
  1. Variant A/SDKK 18.8m
  2. Maersk Container Industry A/SDKK 452.1m
  3. VM Tarm A/SDKK 24.2m
Equity
  1. Variant A/SDKK 84.1m
  2. Maersk Container Industry A/SDKK 778.5m
  3. VM Tarm A/SDKK 62.3m
Employees
  1. Variant A/S156
  2. Maersk Container Industry A/S132
  3. VM Tarm A/S320

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
  • Variant Holding ApS100%
Variant A/S

Management

4 active registrations

Executive management

Executive management at Variant A/S
NameRoleAppointed
Andreas Hartvig BuhlDirector10/05/2012

Board of directors

Board of directors at Variant A/S
NameRoleAppointed
Andreas Hartvig BuhlBoard member23/05/2006
Jens Hartvig BuhlChair of the board06/03/2013
Keld Ny BuhlBoard member06/03/2013
Former management (5)
Former management at Variant A/S
NameRoleAppointedResigned
Jens Erik MøllerBoard member15/12/197526/08/2011
Niels Jørgen BuhlBoard member15/12/197523/05/2006
Niels Jørgen BuhlDirector15/12/197523/05/2006
Jens Hartvig BuhlDirector23/05/200610/05/2012
Keld NorupBoard member26/08/201106/03/2013

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af 1 direktør.

Address and production units

3 active production units

Godthåbsvej 5
7100 Vejle

Vejle Municipality · Postcode 7100

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
VARIANT A/SGodthåbsvej 5, 7100 Vejle991002025987
Godthåbsvej 4Godthåbsvej 4, 7100 Vejle351026740238
VARIANT A/SGodthåbsvej 2, 7100 Vejle141026113152

Purpose

Selskabets formål er at drive fabrikation, handel og håndværk

The purpose is quoted from the register in Danish.

Changes year by year

40 registered events
20264 changesownership 3 · accounts 1
  • Variant Holding ApS registered as owner (100%)
  • Anbu Holding ApS is no longer registered as owner
  • Variant Holding ApS is no longer registered as owner
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers (292000)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesaddress 1 · accounts 1
  • Moved to Godthåbsvej 5, 7100 Vejle
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20196 changesownership 6
  • Anbu Holding ApS registered as owner (20%)
  • Variant Holding ApS registered as owner (66.67%)
  • Jebu 2.2 ApS is no longer registered as owner
  • Anbu Holding ApS is no longer registered as owner
  • Jebu 2.2 ApS registered as owner (25%)
  • JEBU 2 ApS is no longer registered as owner
20141 changename 1
  • Name changed from DE FORENEDE TRAILERFABRIKKER A/S to VARIANT A/S
20133 changesmanagement 3
  • Keld Ny Buhl appointed board member
  • Jens Hartvig Buhl appointed chair of the board
  • Keld Norup stepped down as board member
20123 changesmanagement 2 · ownership 1
  • Andreas Hartvig Buhl appointed director
  • Jens Hartvig Buhl stepped down as director
  • Anbu Holding ApS registered as owner (66.67%)
20112 changesmanagement 2
  • Keld Norup appointed board member
  • Jens Erik Møller stepped down as board member
20081 changeindustry 1
  • Industry changed to Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers (292000)
20071 changeaddress 1
  • Moved to Godthåbsvej 5, 7100 Vejle
20065 changesmanagement 4 · ownership 1
  • Andreas Hartvig Buhl appointed board member
  • Jens Hartvig Buhl appointed director
  • Niels Jørgen Buhl stepped down as director
  • Niels Jørgen Buhl stepped down as board member
  • JEBU 2 ApS registered as owner (25%)
19931 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19892 changesname 1 · capital 1
  • Name changed from NIELS & JENS BUHL ApS to DE FORENEDE TRAILERFABRIKKER A/S
  • Share capital changed from 80,000 DKK to 300,000 DKK
19754 changesfounded 1 · management 3
  • Registered as NIELS & JENS BUHL ApS
  • Jens Erik Møller appointed board member
  • Niels Jørgen Buhl appointed director
  • Niels Jørgen Buhl appointed board member

Related companies

Same industry in Vejle

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 23/10/2026.

View in CVRReport a correction