Kvist Industries (Kvist Industries Invest Aps)
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Kvist Industries (Kvist Industries Invest Aps) - overview
Established
1896
Location
Varde, -, Denmark
Primary Industry
Consumer Products
About
Kvist Industries is a Danish company specializing in the production of high-quality wood furniture utilizing advanced manufacturing techniques. It serves both domestic and international markets, focusing on craftsmanship and sustainability in its offerings. Founded in 1896 in Varde, Denmark, Kvist Industries A/S produces molded and solid wood furniture. In September 2013, the company was acquired by Industri Udvikling.
CEO Jesper Andersen leads the firm, which has engaged in one recorded deal to date. Kvist Industries A/S specializes in high-quality wood furniture, catering to both the Danish and international furniture markets. Their core offerings include molded and solid wood furniture such as chairs and tables, produced using modern CNC machinery and pressing technology. The company emphasizes craftsmanship, providing technical counseling from design to delivery while adhering to sustainability practices.
Primary customers include furniture manufacturers and designers, with a commitment to environmental standards like FSC certification and EU Ecolabel. In 2023, Kvist Industries A/S reported a revenue of USD 59. 15 mn with an EBITDA of USD -4. 22 mn.
The company operates on a B2B model, engaging directly with furniture manufacturers and retailers through customized partnerships that facilitate reliable supply chain solutions and flexible arrangements. Kvist Industries plans to enhance its product line with new designs aimed for launch in the coming years. The company is exploring expansion into new geographic markets, with specific targets in Europe and North America by 2025. Recent funding from the acquisition in 2013 is expected to support these strategic initiatives, focusing on further development and market penetration.
Current Investors
Dansk Ejerkapital
Primary Industry
Consumer Products
Sub Industries
Furniture
Website
http://www.kvist.com/
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Kvist Industries (Kvist Industries Invest Aps) - timeline of key events

Kvist Industries (Kvist Industries Invest Aps) - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | 404,599,002 | 396,597,357 | 379,603,917 | 474,247,331 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | (2.0%) | (4.3%) | 24.9% | - | - | - |
| EBITDA (USD) | 5,724,822 | 9,475,012 | 9,296,312 | 11,154,529 | 20,654,596 | 6,851,297 | 12,983,869 | 11,283,397 | 21,157,689 | 12,595,185 | 19,810,285 | 16,426,994 | - | - | - |
| Operating Income (USD) | 2,690,911 | 4,277,332 | 4,119,111 | 3,507,059 | 12,817,097 | (3,677,320) | 5,633,445 | 3,655,954 | 13,166,101 | 4,687,773 | 12,373,491 | 8,918,448 | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | 3.3% | 1.2% | 3.3% | 1.9% | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | 5.2% | 3.2% | 5.2% | 3.5% | - | - | - |
| NET Income (USD) | 1,021,484 | 1,396,354 | 1,354,473 | (535,481) | 7,666,857 | (6,110,457) | 3,102,017 | 2,614,159 | 9,134,002 | 171,928 | 6,595,830 | 5,509,689 | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | 2.3% | 0.0% | 1.7% | 1.2% | - | - | - |
Kvist Industries (Kvist Industries Invest Aps) - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Kvist Industries (Kvist Industries Invest Aps) | - |
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Kvist Industries (Kvist Industries Invest Aps) - employee data


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