KVIST HOLDING A/S

CVR 21746886 · Public limited company (A/S) · Active · Low risk

KVIST HOLDING A/S is a Public limited company (A/S), founded on , based in Esbjerg. The company is registered in the industry ikke-finansielle hovedsæders aktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 5.9m and a net result of DKK 1.8m. CEO: Michael Kvist.

Bankruptcy risk for KVIST HOLDING A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
21746886
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
c/o Michael Kvist, Gormsgade 8
6700 Esbjerg
Municipality
Esbjerg
Industry
Ikke-finansielle hovedsæders aktiviteter (701010)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 11.0m
Employees
0 (2008)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 27
Missing annual reportNo
Negative equityNo
Equity ratio49.0%
Current ratio166%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -99kDKK -23k
Net profitDKK 1.8mDKK -688k
EquityDKK 5.9mDKK 4.1m
Total assetsDKK 12.0mDKK 12.5m
CashDKK 563k–
Short-term debtDKK 6.1m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022151
1 Jan 2021 – 31 Dec 2021154
1 Jan 2020 – 31 Dec 2020131
1 Jan 2019 – 31 Dec 2019160
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 2014153
1 Jan 2013 – 31 Dec 2013164
1 Jan 2012 – 31 Dec 2012158
1 Jan 2011 – 31 Dec 2011150
1 Jul 2009 – 30 Jun 2010166
1 Jul 2008 – 30 Jun 2009159
1 Jul 2007 – 30 Jun 2008150
1 Jul 2006 – 30 Jun 2007141
1 Jul 2005 – 30 Jun 2006130

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMichael KvistCurrent
CEOSøren Kvist
BoardMichael KvistCurrent
BoardFrederikke KvistCurrent
BoardCaroline Kvist LauridsenCurrent
BoardErling Johannes Damkjær
BoardJørgen Lauridsen Jensen
BoardArne Kvist
BoardPeter Kirk Larsen
BoardSøren Kvist
Owner (5%)KVIST HOLDING A/SCurrent
Owner (90%)M & S/K HOLDING A/SCurrent
Owner (5%)Egon Vestergaard
Owner (67%)M & S/K HOLDING A/S
Owner (10%)Helgolandsgade 19-21 ApS
Owner (67%)M & S/K HOLDING A/S
Owner (67%)M & S/K HOLDING A/S
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderOve SchmidtCurrent
FounderSøren Jepsen SchmidtCurrent
FounderErik UssingCurrent
FounderHenning Oggesen BøndergaardCurrent
FounderNiels StokbækCurrent
FounderBent NielsenCurrent
FounderArne KvistCurrent
FounderMichael KvistCurrent
FounderSøren KvistCurrent
FounderClaus BergCurrent
FounderApS KBUS 8 NR 2343Current
FounderHelgolandsgade 19-21 ApSCurrent
FounderM & S/K HOLDING A/SCurrent
FounderTARM STOLE- OG MØBELFABRIK A/SCurrent

The CEOs' other companies

Michael Kvist – 30 other companies, of which 2 bankrupt

Søren Kvist – 14 other companies

Address history (4 moves)

c/o Michael Kvist, Gormsgade 8, 6700 Esbjerg
c/o C/o Michael Kvist, Gormsgade 8, 6700 Esbjerg
Siggårdsvej 2, 6818 Årre
Siggårdsvej 2, 6818 Årre
Siggaardsvej 2, 6818 Årre

Employees per year

Number of employees at KVIST HOLDING A/S per year482001: 320012002: 720022003: 720032004: 820042005: 620052006: 620062007: 620072008: 02008

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about KVIST HOLDING A/S

Has KVIST HOLDING A/S gone bankrupt?

No, KVIST HOLDING A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KVIST HOLDING A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of KVIST HOLDING A/S?

Michael Kvist is the CEO of KVIST HOLDING A/S.

Who is the auditor of KVIST HOLDING A/S?

KVIST HOLDING A/S most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was KVIST HOLDING A/S founded?

KVIST HOLDING A/S was founded on 26 May 1999.

What is the equity of KVIST HOLDING A/S?

Equity was DKK 5.9m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.