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Vst Industries A/S

Public limited companyCVR 26670942Lem StActive

Vst Industries A/S is a public limited company, based in Lem St, active in manufacture of metal structures and parts of structures, founded in 2002. Net profit fell 89% from 2024 to 2025, ending at DKK 351k. Equity fell to DKK 5m in 2025. 7 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 9.1m−21.1% vs. 2024
Net profitDKK 351k−88.5% vs. 2024
EquityDKK 5m−34.7% vs. 2024
Employees14latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 21% (2024 → 2025), to DKK 9.1m.
  • Net profit fell 89% (2024 → 2025), to DKK 351k.
  • Equity fell 35% (2024 → 2025), to DKK 5m.

Employees

  • 1 fewer employees than a year earlier: 14 (08/2026) against 15 (08/2025).

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 4mDKK 5mDKK 6mDKK 7mDKK 8m202020212022202320242025
EquityNet profit
Financial figures for Vst Industries A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit10,3868,6028,52611,54411,5689,123−21.1%
Operating profit (EBIT)1,3458051,7793,9843,978534−86.6%
Profit before tax1,1306621,6393,8573,930455−88.4%
Net profit7775121,2763,0063,061351−88.5%
Total assets13,03211,82312,52514,77212,0939,580−20.8%
Equity5,2904,8035,5797,5857,6464,997−34.7%
Liabilities7,7427,0216,9467,1514,3174,575+6%
Cash and cash equivalents3,0291,79902,0635,3501,120−79.1%
Average number of employees1713121112120%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (288 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 35% from 2024 to 2025 (DKK 7.6m to DKK 5m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • 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 Vst Industries A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202509/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202309/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202207/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202131/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202013/03/2021The 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
024681012141609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

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 9.1mNo. 139 of 288
Better than 52% of the companies in the industry
EquityDKK 5mNo. 131 of 288
Better than 55% of the companies in the industry
Number of employees14No. 148 of 288
Better than 49% of the companies in the industry

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

DKK 100kDKK 869kDKK 7.6mDKK 65.6mDKK 277.5mHere
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
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 5,608of 69,742
Better than 92%
No. 14,178of 69,964
Better than 80%
Same industry and fewer than 20 employees164 companies in the comparison
No. 23of 164
Better than 87%
No. 29of 164
Better than 83%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 6,405of 24,791
Better than 74%
No. 9,722of 24,909
Better than 61%
All companies of type A/S18,025 companies in the comparison
No. 9,396of 17,786
Better than 47%
No. 11,495of 18,024
Better than 36%

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
  1. Vst Industries A/SDKK 9.1m
  2. Welcon A/SDKK 570.4m
  3. Csk Stålindustri A/SDKK 435.2m
Net profit
  1. Vst Industries A/SDKK 351k
  2. Welcon A/SDKK 87.7m
  3. Csk Stålindustri A/SDKK 205.6m
Equity
  1. Vst Industries A/SDKK 5m
  2. Welcon A/SDKK 274.6m
  3. Csk Stålindustri A/SDKK 365.3m
Employees
  1. Vst Industries A/S14
  2. Welcon A/S830
  3. 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
  • Søren Nielsen Holding, Kloster ApS100%
Vst Industries A/S

Management

5 active registrations

Executive management

Executive management at Vst Industries A/S
NameRoleAppointed
Søren NielsenDirector26/06/2002

Board of directors

Board of directors at Vst Industries A/S
NameRoleAppointed
Søren NielsenBoard member31/05/2005
Louise Siig NielsenBoard member01/12/2013
Robert Siig NielsenBoard member01/12/2013
Mariane Ulfkjær JensenChair of the board19/09/2023
Founders
Vagn Kristensen, Søren Nielsen, Hans Marius Madsen Falk
Former management (7)
Former management at Vst Industries A/S
NameRoleAppointedResigned
Vagn KristensenBoard member26/06/200210/12/2002
Vagn KristensenDirector26/06/200210/12/2002
Hans Marius Madsen FalkBoard member26/06/200210/12/2002
Svend Børge CarlsenDirector19/07/200431/05/2005
Janne SiigChair of the board31/05/200519/09/2023
Svend Børge CarlsenBoard member31/05/200501/12/2013
Jørla CarlsenBoard member31/05/200501/12/2013

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

Address and production units

1 active production units

Nylandsvej 36
6940 Lem St

Ringkøbing-Skjern Municipality · Postcode 6940

Production units
Production unitAddressEmployeesP number
VST INDUSTRIES A/SNylandsvej 36, 6940 Lem St141009183104

Purpose

Selskabets formål er produktions- og handelsvirksomhed samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

37 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesmanagement 2 · accounts 1
  • Mariane Ulfkjær Jensen appointed chair of the board
  • Janne Siig stepped down as chair of the board
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20171 changeaddress 1
  • Moved to Nylandsvej 36, 6940 Lem St
20135 changesmanagement 4 · ownership 1
  • Louise Siig Nielsen appointed board member
  • Robert Siig Nielsen appointed board member
  • Jørla Carlsen stepped down as board member
  • Svend Børge Carlsen stepped down as board member
  • SØREN NIELSEN HOLDING, KLOSTER ApS registered as owner (100%)
20101 changename 1
  • Name changed from A/S VST to VST INDUSTRIES A/S
20071 changeaddress 1
  • Moved to Smed Hansens Vej 11, 6940 Lem St
20057 changesname 1 · capital 1 · management 5
  • Name changed from VST, VESTJYSK STÅLTEKNIK ApS to A/S VST
  • Share capital changed from 180,000 DKK to 500,000 DKK
  • Jørla Carlsen appointed board member
  • Janne Siig appointed chair of the board
  • Svend Børge Carlsen appointed board member
  • Søren Nielsen appointed board member
  • Svend Børge Carlsen stepped down as director
20042 changesaddress 1 · management 1
  • Moved to Smed Hansens Vej 11, 6940 Lem St
  • Svend Børge Carlsen appointed director
20032 changesindustry 1 · capital 1
  • Industry changed to Manufacture of engines and turbines, except aircraft, vehicle and cycle engines (281100)
  • Share capital changed from 126,000 DKK to 180,000 DKK
200210 changesname 1 · address 1 · management 7 · founded 1
  • Name changed from VESTJYSK STÅLTEKNIK ApS to VST, VESTJYSK STÅLTEKNIK ApS
  • Moved to Mejlvang 28, Kloster, 6950 Ringkøbing
  • Vagn Kristensen stepped down as director
  • Hans Marius Madsen Falk stepped down as board member
  • Vagn Kristensen stepped down as board member
  • Registered as VESTJYSK STÅLTEKNIK ApS
  • Søren Nielsen appointed director
  • Vagn Kristensen appointed director
  • Hans Marius Madsen Falk appointed board member
  • Vagn Kristensen appointed board member

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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