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Vestervang Maskinværksted A/S

Public limited companyCVR 20959886HedenstedActive

Vestervang Maskinværksted A/S is a public limited company, based in Hedensted, active in manufacture of agricultural and forestry machinery, founded in 1998. Net profit rose 216% from 2024 to 2025, ending at DKK 31,094.

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Key figures · financial year 2025

Gross profitDKK 2.8m+12% vs. 2024
Net profitDKK 31,094+216.1% vs. 2024
EquityDKK 1.3m+2.5% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 12% (2024 → 2025), to DKK 2.8m.
  • Net profit rose 216% (2024 → 2025), to DKK 31,094.
  • Equity rose 2% (2024 → 2025), to DKK 1.3m.

Employees

  • 3 fewer employees than a year earlier: 5 (08/2026) against 8 (08/2025).

Management and owners, last 24 months

  • New in management: Liselotte Sørensen (board member, 10/07/2025).
  • Stepped down: Michelle Neve (board member, 10/07/2025).
  • No longer registered as owner: Vestervang Holding ApS (31/12/2025).

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 1mDKK 2mDKK 3mDKK 4m202020212022202320242025
EquityNet profit
Financial figures for Vestervang Maskinværksted A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,7714,1344,0023,0312,4632,759+12%
Operating profit (EBIT)−691,2791,204659−277−107+61.3%
Profit before tax1851,7426868761441+190%
Net profit1441,3575336851031+216.1%
Total assets8,6967,6147,1086,3776,0186,042+0.4%
Equity4,4743,3313,0641,7491,2591,290+2.5%
Liabilities4,2214,2834,0434,6284,7594,753−0.1%
Cash and cash equivalents3361,1991,6221,196755500−33.8%
Average number of employees5655550%

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 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
Gross profitMedian, the industry (70 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 Vestervang Maskinværksted A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202412/06/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202317/06/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202222/06/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202120/07/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202022/06/2021The companyPDF not statedXBRL

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
024681009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

70 companies in the database

Comparison with the other companies in manufacture of agricultural and forestry machinery based on the latest financial year.

Gross profitDKK 2.8mNo. 47 of 70
Better than 33% of the companies in the industry
EquityDKK 1.3mNo. 54 of 70
Better than 23% of the companies in the industry
Number of employees5No. 47 of 70
Better than 33% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 453k, equity DKK 4.3m, 9 employees.

DKK 115kDKK 898kDKK 7mDKK 55mDKK 216.8mHere
Distribution of gross profit for 66 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. 24,345of 69,742
Better than 65%
No. 30,234of 69,964
Better than 57%
Same industry and fewer than 20 employees43 companies in the comparison
No. 20of 43
Better than 55%
No. 28of 43
Better than 36%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 13,568of 24,791
Better than 45%
No. 16,899of 24,909
Better than 32%
All companies of type A/S18,025 companies in the comparison
No. 13,906of 17,786
Better than 22%
No. 15,515of 18,024
Better than 14%

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 agricultural and forestry machinery
Gross profit
  1. Vestervang Maskinværksted A/SDKK 2.8m
  2. Skiold A/SDKK 430.5m
  3. Samson Agro A/SDKK 218.3m
Net profit
  1. Vestervang Maskinværksted A/SDKK 31,094
  2. Skiold A/SDKK 50.8m
  3. Samson Agro A/SDKK 14.9m
Equity
  1. Vestervang Maskinværksted A/SDKK 1.3m
  2. Skiold A/S−DKK 47.9m
  3. Samson Agro A/SDKK 218.3m
Employees
  1. Vestervang Maskinværksted A/S5
  2. Skiold A/S125
  3. Samson Agro A/S297

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
  • René Trap Sørensen Holding ApS100%
Vestervang Maskinværksted A/S

Management

4 active registrations

Executive management

Executive management at Vestervang Maskinværksted A/S
NameRoleAppointed
John Conrad SørensenDirector25/06/1998

Board of directors

Board of directors at Vestervang Maskinværksted A/S
NameRoleAppointed
John Conrad SørensenBoard member25/06/1998
René Trap SørensenChair of the board07/09/2017
Liselotte SørensenBoard member10/07/2025
Auditor
Revisto I/S
Founders
John Conrad Sørensen
Former management (6)
Former management at Vestervang Maskinværksted A/S
NameRoleAppointedResigned
Erik HeilesenBoard member25/06/199804/06/2015
Jette KroghBoard member25/06/199803/05/2015
Jette KroghChair of the board04/05/201510/05/2017
René Trap SørensenBoard member04/06/201506/09/2017
Kirsten Marie Bank GundersenBoard member10/05/201708/07/2022
Michelle NeveBoard member17/10/202210/07/2025

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

Address and production units

1 active production units

Toftegårdsvej 40
8722 Hedensted

Hedensted Municipality · Postcode 8722

Production units
Production unitAddressEmployeesP number
VESTERVANG MASKINVÆRKSTED A/SToftegårdsvej 40, 8722 Hedensted51004609479

Purpose

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

The purpose is quoted from the register in Danish.

Changes year by year

33 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20254 changesownership 1 · management 2 · accounts 1
  • VESTERVANG HOLDING ApS is no longer registered as owner
  • Liselotte Sørensen appointed board member
  • Michelle Neve stepped down as board member
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20235 changesownership 4 · accounts 1
  • VESTERVANG HOLDING ApS registered as owner (50%)
  • RENÉ TRAP SØRENSEN HOLDING ApS registered as owner (100%)
  • VESTERVANG HOLDING ApS is no longer registered as owner
  • RENÉ TRAP SØRENSEN HOLDING ApS is no longer registered as owner
  • Annual report for 2022 published
20223 changesmanagement 2 · accounts 1
  • Michelle Neve appointed board member
  • Annual report for 2021 published
  • Kirsten Marie Bank Gundersen stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20174 changesmanagement 4
  • René Trap Sørensen appointed chair of the board
  • René Trap Sørensen stepped down as board member
  • Kirsten Marie Bank Gundersen appointed board member
  • Jette Krogh stepped down as chair of the board
20154 changesmanagement 4
  • René Trap Sørensen appointed board member
  • Erik Heilesen stepped down as board member
  • Jette Krogh appointed chair of the board
  • Jette Krogh stepped down as board member
20142 changesownership 2
  • VESTERVANG HOLDING ApS registered as owner (66.67%)
  • RENÉ TRAP SØRENSEN HOLDING ApS registered as owner (20%)
20081 changeindustry 1
  • Industry changed to Manufacture of agricultural and forestry machinery (283000)
20071 changeaddress 1
  • Moved to Toftegårdsvej 40, 8722 Hedensted
19991 changeindustry 1
  • Industry changed to Fremstilling af jordbearbejdningsmaskiner til landbrug (293220)
19985 changesfounded 1 · management 4
  • Registered as VESTERVANG MASKINVÆRKSTED A/S
  • Jette Krogh appointed board member
  • Erik Heilesen appointed board member
  • John Conrad Sørensen appointed board member
  • John Conrad Sørensen 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 24/10/2026.

View in CVRReport a correction