KVIST INDUSTRIES A/S

CVR 22629115 · Public limited company (A/S) · Active · Low risk

KVIST INDUSTRIES A/S is a Public limited company (A/S), founded on , based in Årre. The company is registered in the industry fremstilling af møbler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 42.1m and a net result of DKK 948k. CEO: Søren Kvist.

Bankruptcy risk for KVIST INDUSTRIES A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Published annual reports10+ · bankruptcy rate 3.0%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×

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
22629115
Status
Active
Company type
Public limited company (A/S)
Founded
(79 years)
Address
Birkegade 11
6818 Årre
Municipality
Varde
Industry
Fremstilling af møbler (310000)
Bankruptcies in the industry: Fremstilling af andre møbler
Share capital
DKK 12.0m
Employees
145 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio22.9%
Current ratio44%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 47.3mDKK 35.3m
Net profitDKK 948kDKK -9.7m
EquityDKK 42.1mDKK 41.1m
Total assetsDKK 183.8mDKK 186.8m
CashDKK 37k–
Short-term debtDKK 128.7m–
Avg. employees71–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022115
1 Jan 2021 – 31 Dec 2021109
1 Jan 2020 – 31 Dec 202062
1 Jan 2019 – 31 Dec 2019141
1 Jan 2018 – 31 Dec 201872
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 201669
1 Jan 2015 – 31 Dec 2015168
1 Jan 2014 – 31 Dec 201436
1 Jan 2013 – 31 Dec 2013157
1 Jan 2012 – 31 Dec 2012146
1 Jan 2011 – 31 Dec 2011152
1 Jul 2009 – 30 Jun 2010166
1 Jul 2008 – 30 Jun 2009159
1 Jul 2007 – 30 Jun 2008150
1 Jul 2006 – 30 Jun 2007151
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
CEOSøren KvistCurrent
CEOJens-Ole Pedersen
CEOPeder Frederiksen
BoardSøren KvistCurrent
BoardLars Gantzel PedersenCurrent
BoardDan Højgaard JensenCurrent
BoardThomas Villum FolmannCurrent
BoardSøren Jepsen Schmidt
BoardAage Østergaard Dahl
BoardErik Ellebye
BoardJørgen Lauridsen Jensen
BoardNiels Holger Poulsen
BoardHans Henning Haahr
BoardKjeld Hans Edvard Bendix Poulsen
BoardArne Kvist
BoardCarsten Jespersen
BoardArne Kvist
BoardJørgen Christensen
BoardMichael Kvist
BoardArne Kvist
BoardPeter Kirk Larsen
BoardJens Bach Mortensen
BoardLars Blavnsfeldt
BoardKurt Hedegaard Carstensen
Owner (33%)KVIST INDUSTRIES INVEST ApSCurrent
Owner (25%)GANTZEL HOLDING II, IKAST ApSCurrent
Owner (10%)TORDRUP HOLDING ApSCurrent
Owner (5%)KVIST HOLDING A/SCurrent
Owner (15%)Familieselskabet Kvist ApSCurrent
Owner (25%)KVIST HOLDING A/S
Owner (20%)GANTZEL HOLDING II, IKAST ApS
Owner (5%)TORDRUP HOLDING ApS
Owner (20%)KVIST HOLDING A/S
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorRevisorinteressentskabet K.G. Jensen
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Søren Kvist – 14 other companies

Jens-Ole Pedersen – 2 other companies

Address history (5 moves)

Birkegade 11, 6818 Årre
Siggårdsvej 2, 6818 Årre
Birkegade 11, 6818 Årre
Siggårdsvej 2, 6818 Årre
Birkegade 11, 6818 Årre
Birkegade 11, 6818 Årre

Former names

KVIST INDUSTRIES A/S – now
FORM-PRESS A/S –

Employees per year

Number of employees at KVIST INDUSTRIES A/S per year731452011: 8720112012: 7520122013: 9920132014: 11820142015: 12720152016: 14520162017: 14120172018: 1452018

Other companies at the same address

Similar companies in Varde

Questions and answers about KVIST INDUSTRIES A/S

Has KVIST INDUSTRIES A/S gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of KVIST INDUSTRIES A/S?

Søren Kvist is the CEO of KVIST INDUSTRIES A/S.

Who is the auditor of KVIST INDUSTRIES A/S?

KVIST INDUSTRIES A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was KVIST INDUSTRIES A/S founded?

KVIST INDUSTRIES A/S was founded on 30 September 1947.

What is the equity of KVIST INDUSTRIES A/S?

Equity was DKK 42.1m 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.