Riskpilot← Back to searchSign inGet full accessVARIANT A/S
A/SActiveCVR 54899416Godthåbsvej 5Manufacture of bodies and coachwork for motor vehicles; manufacture of trailers and semi-trailers · NACE 2920Est. 1975146 employees
Revenue 2025
DKK 91,4M
+22% vs 2024
EBITDA margin
32.2%
+26% vs 2024
Equity ratio
53.2%
Financial strength
Net profit 2025
DKK 18,8M
+35% vs 2024
| Revenue | DKK 91,4M | +22% |
| EBITDA | DKK 29,5M | +26% |
| Net profit | DKK 18,8M | +35% |
| Total assets | DKK 158,2M | +11% |
| Equity | DKK 84,1M | +9% |
| Employees | 146 | — |
Legal name
VARIANT A/S
CVR number
54899416
Legal form
Aktieselskab
NACE code
2920 · Manufacture of bodies and coachwork for motor vehicles; manufacture of trailers and semi-trailers
Founded
15. december 1975
Share capital
DKK 500.000
Employees
146 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den samlede bestyrelse eller af 1 direktør.
Company purpose
Selskabets formål er at drive fabrikation, handel og håndværk
Address
Godthåbsvej 5
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 30.086 | 35.611 | 41.205 | 48.742 | 54.991 | 58.899 | 63.722 | 77.990 | 94.248 | 79.184 | 72.624 | 74.976 | 91.402 |
| Staff expenses | -20.435 | -24.560 | -26.664 | -31.343 | -37.271 | -38.758 | -42.363 | -44.613 | -53.437 | -55.845 | -48.481 | -51.512 | -61.949 |
| EBITDA | 9.605 | 10.984 | 14.141 | 17.399 | 17.720 | 20.080 | 21.224 | 33.310 | 40.750 | 23.339 | 24.143 | 23.464 | 29.453 |
| Depreciation & amort. | 1.051 | 1.108 | 2.341 | 3.450 | -2.108 | -2.531 | -2.857 | -2.714 | -3.658 | -4.404 | -4.437 | -4.437 | -4.336 |
| EBIT | 8.554 | 9.876 | 11.800 | 13.949 | 15.613 | 17.550 | 18.368 | 30.597 | 37.092 | 18.935 | 19.706 | 19.027 | 25.117 |
| Net financials | -526 | -714 | -1.284 | -579 | -833 | -610 | -384 | -475 | 17 | -508 | -1.181 | -1.165 | -912 |
| Profit before tax | 8.028 | 9.162 | 10.516 | 13.371 | 14.779 | 16.939 | 17.983 | 30.122 | 37.110 | 18.427 | 18.524 | 17.863 | 24.205 |
| Tax | 1.844 | 2.255 | 2.592 | 2.958 | 3.278 | 3.757 | 3.995 | 6.663 | 8.249 | 4.078 | 4.103 | 3.958 | 5.388 |
| Net profit | 6.184 | 6.907 | 7.924 | 10.412 | 11.501 | 13.182 | 13.988 | 23.459 | 28.861 | 14.349 | 14.421 | 13.904 | 18.817 |
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 65.104 | 73.230 | 64.558 | 71.801 | 97.296 | 100.136 | 101.529 | 146.918 | 168.440 | 162.587 | 143.453 | 141.890 | 158.150 |
| Equity | 25.757 | 26.664 | 28.588 | 39.000 | 44.267 | 53.683 | 59.671 | 75.130 | 93.991 | 88.985 | 73.406 | 77.311 | 84.128 |
| Long-term debt | 15.426 | 15.383 | 15.131 | 14.665 | 27.598 | 26.827 | 24.096 | 23.983 | 32.149 | 53.750 | 49.299 | 47.208 | 52.500 |
| Short-term debt | 19.421 | 26.614 | 16.320 | 13.813 | 20.934 | 14.950 | 13.063 | 42.797 | 37.289 | 17.304 | 18.182 | 14.837 | 18.760 |
| Total debt | 34.847 | 41.997 | 31.451 | 28.478 | 48.532 | 41.777 | 37.159 | 66.780 | 69.438 | 71.054 | 67.482 | 62.045 | 71.260 |
EBITDA margin
32.2%
This company
15.8%
Market median
+104% vs market
20132025
Equity ratio
53.2%
This company
38.2%
Market median
+39% vs market
20132025
Return on equity
22.4%
This company
18.4%
Market median
+22% vs market
20132025
Net profit margin
20.6%
This company
8.1%
Market median
+154% vs market
20132025
Asset turnover
0.58×
This company
1.12×
Market median
-48% vs market
20132025
Debt / equity
0.88×
This company
0.62×
Market median
+42% vs market
20132025
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- 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
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
NJ Management | Management | 1975 | — | — |
AH Management | Management | 2012 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 1975 | — | — | |
| Chairman | 2013 | — | — | |
| Board of Directors | 2013 | — | — | |
| Board of Directors | 2011 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Variant Holding ApS | Company | 66.7% | 66.7% | 2019 |
AB HOLDING AF 27.3.2012 ApS | Company | 20.0% | 20.0% | 2019 |
Jebu 2.2 ApS | Company | 25.0% | 25.0% | 2019 |
JEBU 2 ApS | Company | 25.0% | 25.0% | 2006 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
AB HOLDING AF 27.3.2012 ApS
VARIANT A/S Board members of VARIANT A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Niels Jørgen Buhl | Management | 0 companies |
| Andreas Hartvig Buhl | Management | 0 companies |
| Jens Erik Møller | Board of Directors | 0 companies |
| Jens Hartvig Buhl | Chairman | 0 companies |
| Keld Ny Buhl | Board of Directors | 0 companies |
| Keld Norup | Board of Directors | 0 companies |