KVADRAT A/S: Financial statements 2020
CVR: 45998517
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
KVADRAT A/S (CVR 45998517) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 643,813,000 and a net result of DKK 363,000 compared with DKK 75,185,000 the year before. That is a decrease of 25.8% compared with the year before. The profit margin was 0.1%. Equity in the 2020 report amounted to DKK 364,380,000. The solvency ratio was 36.3%. The company had 898 employees in the financial year.
- Revenue
- DKK 643,813,000
- Gross Profit
- DKK 91,868,000
- Profit/Loss
- DKK 363,000
- Equity
- DKK 364,380,000
- Total Assets
- DKK 1,003,977,000
- Employees
- 898
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 643.8 mio. | 91.9 mio. | 363 t. | 364.4 mio. | 898 |
| 2019 | 868.2 mio. | 187.8 mio. | 75.2 mio. | 403.6 mio. | 225 |
| 2018 | 800.6 mio. | 231.1 mio. | 91 mio. | 393.1 mio. | 196 |
| 2017 | 712.5 mio. | 192 mio. | 85 mio. | 317 mio. | 187 |
| 2016 | 682.8 mio. | 165.9 mio. | 83.4 mio. | 256.8 mio. | 170 |
Official annual report
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KVADRAT A/S has published its annual report for 2019. Revenue came to DKK 868,173,000, and the net result was DKK 75,185,000.
As of March 17, 2020, Torsten Leif Moe has joined the board of directors of KVADRAT A/S.
As of March 17, 2020, Bendt Fredberg Jensen has left the board of directors of KVADRAT A/S.
As of March 17, 2020, Poul Erik Byriel has left the board of directors of KVADRAT A/S.
As of March 17, 2020, Erling Vestergaard Rasmussen has left the board of directors of KVADRAT A/S.
About KVADRAT A/S
KVADRAT A/S is a Danish company of the type Aktieselskab based in Ebeltoft, founded in 1968. The company is registered under the industry Engroshandel med tekstiler. The company was previously named KVADRAT BOLIGTEXTILER A/S. The management consists of Anders Byriel and Mette Rønn Bendix. The board consists of Lars Monrad-Gylling (chair), Anders Byriel, Christian Madsbjerg and Claire Midwood. The company is owned by KVADRAT HOLDING A/S. The company has 215 employees (2026). In 2025, the company reported revenue of DKK 739,981,000 and a net result of DKK 4,367,000 compared with DKK 4,283,000 the year before. Equity in the 2025 report amounted to DKK 298,353,000.