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Vhf Holding ApS

Private limited companyCVR 20459549HedenstedActive

Vhf Holding ApS is a private limited company, based in Hedensted, active in non-financial holding companies, founded in 1997. After a loss in 2025, the company made a profit of DKK 10m in 2026. With 3 employees, the company is about 3 times larger than the industry median. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2026

Gross profit−DKK 594k−0.5% vs. 2025
Net profitDKK 10m+207.1% vs. 2025
EquityDKK 224.9m+4.6% vs. 2025
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Net profit went from a loss of DKK 9.3m to a profit of DKK 10m (2025 → 2026).
  • Equity rose 5% (2025 → 2026), to DKK 224.9m.

Management and owners, last 24 months

  • New owners registered: FKHC Holding ApS (27/05/2025), Henrik Holdorf Holding ApS (27/05/2025) and Ulla Clausen Holding ApS (27/05/2025).
  • No longer registered as owner: VHF Holding II ApS (27/05/2025).

Registrations, last 24 months

  • 26/11/2024: Moved to Lundagervej 25, 8722 Hedensted

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 2021–2026 · amounts in DKK thousand

Equity and net profit

−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202120222023202420252026
EquityNet profit
Financial figures for Vhf Holding ApS
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−546−1,878−395−326−592−594−0.5%
Operating profit (EBIT)−2,364−3,611−3,152−2,326−2,806−2,810−0.2%
Profit before tax31,79151,471−10,37010,077−12,11513,696+213%
Net profit29,25151,067−9,1667,145−9,3229,981+207.1%
Total assets248,126288,438283,167288,653272,377279,011+2.4%
Equity185,760238,478231,935230,877215,001224,919+4.6%
Liabilities62,36349,96151,23157,77657,37654,092−5.7%
Cash and cash equivalents4,52065,66320,9612,5998,4231,223−85.5%
Average number of employees22–2220%

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 2021, 2022, 2023, 2024, 2025, 2026: 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 2m−DKK 1.8m−DKK 1.6m−DKK 1.4m−DKK 1.2m−DKK 1m−DKK 800k−DKK 600k−DKK 400k−DKK 200kDKK 0202120222023202420252026
Gross profitMedian, the industry (2,138 companies)

Annual reports

6 financial years
Annual reports for Vhf Holding ApS
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202629/06/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202511/07/2025The companyPDF not statedXBRL
202401/04/2023 – 31/03/202429/06/2024The companyPDFXBRL
202301/04/2022 – 31/03/202307/07/2023The companyPDFXBRL
202201/04/2021 – 31/03/202208/07/2022The companyPDFXBRL
202101/04/2020 – 31/03/202113/07/2021The 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
011223309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profit−DKK 594kNo. 1863 of 2,093
Better than 11% of the companies in the industry
EquityDKK 224.9mNo. 328 of 2,138
Better than 85% of the companies in the industry
Number of employees3No. 435 of 2,138
Better than 80% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bn
Distribution of gross profit for 820 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. 68,271of 69,742
Better than 2%
No. 936of 69,964
Better than 99%
Same industry and fewer than 20 employees2,092 companies in the comparison
No. 1,822of 2,048
Better than 11%
No. 309of 2,092
Better than 85%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 24,351of 24,791
Better than 2%
No. 712of 24,909
Better than 97%
All companies of type ApS66,508 companies in the comparison
No. 65,242of 66,379
Better than 2%
No. 526of 66,505
Better than 99%

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

Non-financial holding companies
Gross profit
  1. Vhf Holding ApS−DKK 594k
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Vhf Holding ApSDKK 10m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Vhf Holding ApSDKK 224.9m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Vhf Holding ApS3
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
Vhf Holding ApS

Management

6 active registrations

Executive management

Executive management at Vhf Holding ApS
NameRoleAppointed
Vagn ClausenDirector18/06/1997

Board of directors

Board of directors at Vhf Holding ApS
NameRoleAppointed
Vagn ClausenBoard member18/06/1997
Henrik Holdorf Strandberg-ClausenBoard member18/06/1997
Frank Kjærulff Holdorf ClausenBoard member25/06/1999
Ulla Guasp ClausenBoard member25/06/1999
Torben BangChair of the board08/07/2021
Founders
Vagn Clausen, Frank Kjærulff Holdorf Clausen, Henrik Holdorf Strandberg-Clausen, Ulla Guasp Clausen
Former management (4)
Former management at Vhf Holding ApS
NameRoleAppointedResigned
Hans Jørgen LopdrupBoard member18/06/199723/08/2007
Carsten IpsenBoard member18/06/199725/06/1999
Torben BangChair of the board23/08/200712/04/2011
Keld NorupChair of the board12/04/201108/07/2021

Signing rule: Selskabet tegnes af selskabets direktion eller den samlede bestyrelse.

Address and production units

1 active production units

Lundagervej 25
8722 Hedensted

Hedensted Municipality · Postcode 8722

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
VHF HOLDING ApSLundagervej 25, 8722 Hedensted31004317753

Purpose

Selskabets formål er at eje kapitalandele i andre selskaber samt anden virksomhed beslægtet hermed

The purpose is quoted from the register in Danish.

Changes year by year

52 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20255 changesaccounts 1 · ownership 4
  • Annual report for 2025 published
  • FKHC Holding ApS registered as owner (15%)
  • Ulla Clausen Holding ApS registered as owner (15%)
  • Henrik Holdorf Holding ApS registered as owner (5%)
  • VHF Holding II ApS is no longer registered as owner
20243 changesaddress 2 · accounts 1
  • Moved to Lundagervej 25, 8722 Hedensted
  • Moved to Lundagervej 25, 8722 Hedensted
  • Annual report for 2024 published
20232 changesaccounts 1 · address 1
  • Annual report for 2023 published
  • Moved to Lundagervej 25, 8722 Hedensted
20221 changeaccounts 1
  • Annual report for 2022 published
20213 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Torben Bang appointed chair of the board
  • Keld Norup stepped down as chair of the board
20208 changesownership 8
  • VAC HOLDING ApS registered as owner (50%)
  • VHF Holding II ApS registered as owner (33.33%)
  • VHF NewCo ApS is no longer registered as owner
  • VAC HOLDING ApS is no longer registered as owner
  • VHF NewCo ApS registered as owner (100%)
  • Frank Kjærulff Holdorf Clausen is no longer registered as owner
  • Henrik Holdorf Strandberg-Clausen is no longer registered as owner
  • Ulla Guasp Clausen is no longer registered as owner
20191 changeaddress 1
  • Moved to Lundagervej 25, 8722 Hedensted
20189 changescapital 1 · ownership 8
  • Share capital changed from 1,200,000 DKK to 1,060,000 DKK
  • VAC HOLDING ApS registered as owner (50%)
  • Frank Kjærulff Holdorf Clausen registered as owner (15%)
  • Henrik Holdorf Strandberg-Clausen registered as owner (5%)
  • Ulla Guasp Clausen registered as owner (15%)
  • Frank Kjærulff Holdorf Clausen is no longer registered as owner
  • VAC HOLDING ApS is no longer registered as owner
  • Ulla Guasp Clausen is no longer registered as owner
  • Henrik Holdorf Strandberg-Clausen is no longer registered as owner
20112 changesmanagement 2
  • Keld Norup appointed chair of the board
  • Torben Bang stepped down as chair of the board
20073 changesmanagement 2 · address 1
  • Torben Bang appointed chair of the board
  • Hans Jørgen Lopdrup stepped down as board member
  • Moved to Lundagervej 25, 8722 Hedensted
20061 changename 1
  • Name changed from HEDENSTED TAGMATERIALER HOLDING ApS to VHF HOLDING ApS
20054 changesownership 4
  • Frank Kjærulff Holdorf Clausen registered as owner (15%)
  • VAC HOLDING ApS registered as owner (50%)
  • Ulla Guasp Clausen registered as owner (15%)
  • Henrik Holdorf Strandberg-Clausen registered as owner (15%)
19993 changesmanagement 3
  • Frank Kjærulff Holdorf Clausen appointed board member
  • Ulla Guasp Clausen appointed board member
  • Carsten Ipsen stepped down as board member
19976 changesfounded 1 · management 5
  • Registered as HEDENSTED TAGMATERIALER HOLDING ApS
  • Vagn Clausen appointed director
  • Carsten Ipsen appointed board member
  • Vagn Clausen appointed board member
  • Hans Jørgen Lopdrup appointed board member
  • Henrik Holdorf Strandberg-Clausen appointed board member

Related companies

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

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