KVADRAT A/S: Financial statements 2023
CVR: 45998517
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
KVADRAT A/S (CVR 45998517) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 733,793,000 and a net result of DKK -74,173,000 compared with DKK 20,285,000 the year before. That is a decrease of 12.3% compared with the year before. The profit margin was -10.1%. Equity in the 2023 report amounted to DKK 306,480,000. The solvency ratio was 30.7%. The company had 986 employees in the financial year.
- Revenue
- DKK 733,793,000
- Gross Profit
- DKK 147,198,000
- Profit/Loss
- DKK -74,173,000
- Equity
- DKK 306,480,000
- Total Assets
- DKK 997,514,000
- Employees
- 986
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 733.8 mio. | 147.2 mio. | -74.2 mio. | 306.5 mio. | 986 |
| 2022 | 836.7 mio. | 172.2 mio. | 20.3 mio. | 378.6 mio. | 1057 |
| 2021 | 725.9 mio. | 121.4 mio. | 19.8 mio. | 396.9 mio. | 986 |
| 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 |
Official annual report
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KVADRAT A/S has published its annual report for 2022. Revenue came to DKK 836,748,000, and the net result was DKK 20,285,000.
As of April 1, 2023, Mikael Fabian Schiller 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.