Riskpilot← Back to searchSign inGet full accessKVERNELAND GROUP KERTEMINDE A/S
A/SActiveCVR 35152113Tårupstrandvej 25Manufacture of agricultural and forestry machinery · NACE 2830Est. 1967383 employees
Revenue 2024
DKK 686,5M
-31% vs 2023
EBITDA margin
0.7%
-89% vs 2023
Equity ratio
47.5%
Financial strength
Net profit 2024
DKK -20M
-227% vs 2023
| Revenue | DKK 686,5M | -31% |
| EBITDA | DKK 4,9M | -89% |
| Net profit | DKK -20M | -227% |
| Total assets | DKK 540,2M | -7% |
| Equity | DKK 256,7M | -7% |
| Employees | 383 | — |
Legal name
KVERNELAND GROUP KERTEMINDE A/S
CVR number
35152113
Legal form
Aktieselskab
NACE code
2830 · Manufacture of agricultural and forestry machinery
Founded
22. juni 1967
Share capital
DKK 50.000.000
Employees
383 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør eller af den samlede bestyrelse.
Company purpose
Selskabets formål er fabrikation, handel og finansiering.
Address
Tårupstrandvej 25
Phone
+4565191900
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 767.060 | 924.966 | 1.085.110 | 996.831 | 686.469 |
| Staff expenses | -202.465 | -199.941 | -237.622 | -274.723 | -219.900 |
| EBITDA | 48.540 | 97.526 | 100.264 | 45.996 | 4.866 |
| Depreciation & amort. | -27.391 | -32.235 | -25.282 | -25.350 | -25.417 |
| EBIT | 21.149 | 65.291 | 74.982 | 20.646 | -20.551 |
| Net financials | -650 | -947 | -590 | -2.246 | -4.760 |
| Profit before tax | 40.365 | 62.879 | 74.392 | 18.400 | -25.311 |
| Tax | 10.230 | 14.009 | 16.594 | 2.690 | -5.282 |
| Net profit | 30.135 | 48.870 | 57.798 | 15.710 | -20.029 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 444.562 | 481.632 | 633.100 | 580.273 | 540.242 |
| Equity | 154.351 | 203.221 | 261.019 | 276.729 | 256.699 |
| Long-term debt | 20.011 | 757 | 1.131 | 938 | 837 |
| Short-term debt | 258.307 | 259.420 | 350.566 | 279.699 | 265.795 |
| Total debt | 278.318 | 260.177 | 351.697 | 280.637 | 266.632 |
EBITDA margin
0.7%
This company
15.8%
Market median
-96% vs market
20202024
Equity ratio
47.5%
This company
38.2%
Market median
+24% vs market
20202024
Return on equity
-7.8%
This company
18.4%
Market median
-142% vs market
20202024
Net profit margin
-2.9%
This company
8.1%
Market median
-136% vs market
20202024
Asset turnover
1.27×
This company
1.12×
Market median
+13% vs market
20202024
Debt / equity
1.10×
This company
0.62×
Market median
-77% vs market
20202024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JW Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (15) | ||
NF Chief Executive Officer | Chief Executive Officer | 1967 – 1994 |
PJ Management | Management | 1967 – 1993 |
IN Deputy | Deputy | 2010 – 2014 |
NE Chief Executive Officer | Chief Executive Officer | 2000 – 2008 |
PC Deputy | Deputy | 1967 – 1990 |
NS | Deputy | 1967 – 2008 |
OB Management | Management | 1967 – 1999 |
MP Management | Management | 1967 – 1988 |
KE Audit | Audit | 1967 – 1992 |
CF Deputy | Deputy | 1967 – 2007 |
FU Management | Management | 1967 – 1993 |
CI Deputy | Deputy | 1967 – 1994 |
TJ Deputy | Deputy | 2014 – 2017 |
BL Management | Management | 1967 – 1991 |
TL Deputy | Deputy | 1967 – 1994 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Board of Directors | 2025 | |
| Chairman | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Former (32) | ||
| Board of Directors | 1967 – 1989 | |
| Deputy Chairman | 1967 – 1993 | |
| Chairman | 2000 – 2003 | |
| Deputy Chairman | 2004 – 2008 | |
| Board of Directors | 1967 – 1995 | |
| Chairman | 2007 – 2009 | |
| Board of Directors | 1967 – 1997 | |
| Board of Directors | 1967 – 1989 | |
| Chairman | 2009 – 2014 | |
| Board of Directors | 1967 – 2007 | |
| Board of Directors | 2010 – 2014 | |
| Board of Directors | 1967 – 1993 | |
| Board of Directors | 2021 – 2025 | |
| Board of Directors | 1967 – 1998 | |
| Chairman | 1967 – 1999 | |
| Board of Directors | 1967 – 1992 | |
| Board of Directors | 1967 – 1993 | |
| Board of Directors | 1967 – 1990 | |
| Chairman | 1999 – 2000 | |
| Board of Directors | 1967 – 1992 | |
| Board of Directors | 1967 – 2010 | |
| Board of Directors | 2007 – 2010 | |
| Board of Directors | 1967 – 1997 | |
| Chairman | 1967 – 1993 | |
| Chairman | 2003 – 2004 | |
| Board of Directors | 1967 – 1997 | |
| Board of Directors | 2014 – 2021 | |
| Board of Directors | 1967 – 1993 | |
| Board of Directors | 2014 – 2025 | |
| Chairman | 1967 – 1997 | |
| Board of Directors | 1967 – 1998 | |
| Board of Directors | 2010 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2011 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
KVERNELAND GROUP HOLDING (DK) A/S
KVERNELAND GROUP KERTEMINDE A/S Board members of KVERNELAND GROUP KERTEMINDE A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Nils Frode Underhaug | Chief Executive Officer | 0 companies |
| Poul Johan Steeskov | Management | 0 companies |
| Ib Nygaard Nielsen | Deputy | 0 companies |
| Niels Erik Bak Andersen | Chief Executive Officer | 0 companies |
| Peder Christian Andersen | Deputy | 0 companies |
| Niels Stokholm Kristiansen | Deputy | 0 companies |
| Ole Birger Nielsen | Management | 0 companies |
| Mogens Petersen | Management | 0 companies |
| Knud Erik Rasmussen | Audit | 0 companies |
| Claus Frank Hansen | Deputy | 0 companies |
| Frode Underhaug | Management | 0 companies |
| Conny Ingelise Melgaard | Deputy | 0 companies |
| Jan Weber Pedersen | Chief Executive Officer | 0 companies |
| Trine Jacobsen | Deputy | 0 companies |
| Børge Larsen | Management | 0 companies |
| Torben Leif Pedersen | Deputy | 0 companies |
| Lars Frederik Christensen | Board of Directors | 0 companies |
| Audun Berg | Deputy Chairman | 0 companies |
| Rasmus Nordbø | Chairman | 0 companies |
| Lasse Godsk Skovdal | Deputy Chairman | 0 companies |
| Jørgen Johannes Lund | Board of Directors | 0 companies |
| Jens Kristian Rein | Chairman | 0 companies |
| Knut Tore Bostad | Board of Directors | 0 companies |
| Henrik Loos Nielsen | Board of Directors | 0 companies |
| Friedrich Pehle | Chairman | 0 companies |
| Bjarne Jørgensen | Board of Directors | 0 companies |
| Nils Rasmussen | Board of Directors | 0 companies |
| Ulrik Wolf Andersen | Board of Directors | 0 companies |
| Hans Laurids Fischer Boel | Board of Directors | 0 companies |
| Leif Nielsen | Board of Directors | 0 companies |
| Pierre Yves Marie Faguer | Board of Directors | 0 companies |
| Sverre Kjenne | Chairman | 0 companies |
| Claus Udengaard Thomsen | Chairman | 0 companies |
| Poul Jørgen Jensen | Board of Directors | 0 companies |
| Eric Søe Rylberg | Board of Directors | 0 companies |
| Simon Lykkegaard Hansen | Board of Directors | 0 companies |
| Anna Jørgensen | Board of Directors | 0 companies |
| Willem de Putter | Chairman | 0 companies |
| Bendt Oluf Rørsted | Board of Directors | 0 companies |
| Benny Lammert Pieszak | Board of Directors | 0 companies |
| Jørgen Christian Jørgensen | Board of Directors | 0 companies |
| Timothy John Tindle | Board of Directors | 0 companies |
| Axel Lejrskov | Chairman | 0 companies |
| Hendrik Hermanus van Sonsbeek | Chairman | 0 companies |
| Oddvar Fiskeseth | Board of Directors | 0 companies |
| Frank Loos Brønk | Board of Directors | 0 companies |
| Svend Thejsen | Board of Directors | 0 companies |
| Maris Talv-Laugen | Board of Directors | 0 companies |
| Olav Hørsdal | Chairman | 0 companies |
| Atle Eide | Board of Directors | 0 companies |
| Rameesh Thirugnanasambanther | Board of Directors | 0 companies |
| Gitte Maribo Nielsen | Board of Directors | 0 companies |