Kvik delivered what it described as a satisfactory result in 2025 despite continued pressure across the kitchen market, reporting revenue of DKK 1.374 billion and operating profit of DKK 162 million.
The Danish kitchen group said it remained profitable through a challenging trading environment marked by weak consumer confidence and delayed big-ticket purchasing decisions.
© Kvik
"Kvik is a solid company that has come reasonably well through a challenging year for the kitchen market and has delivered an overall satisfactory result," said Claus Flyger Pejstrup.
According to the company, 2025 brought modest top-line growth alongside a stronger improvement in profitability. Performance was supported by store growth in Germany and Spain, identified as Kvik's two primary growth markets, as well as positive development in Norway and Netherlands.
Pejstrup said Kvik's ability to maintain revenue above DKK 1 billion reflected its focus on Danish-designed products at accessible prices, supported by a retail concept combining physical stores with strong digital customer experiences.
During 2025, the company highlighted the successful launch of Compose, a new kitchen range positioned around its promise of Danish quality design at competitive prices.
Kvik also introduced Kvik Living in January 2025, a collection of furniture, lighting and accessories designed to complement kitchens. The company said the move broadens its identity from a kitchen specialist to a kitchen lifestyle brand, helping differentiate it from competitors.
Looking ahead, Kvik expects market conditions to remain difficult in 2026, with customers again becoming more cautious amid uncertainty linked to the Middle East crisis. Despite this, the company forecasts growth in both revenue and earnings.
"It is difficult to say exactly where we will end up, but we expect growth in both topline and bottom line," Pejstrup said.
The business has also strengthened its leadership team in the first half of 2026. Søren Sivebæk joined as Chief Information Officer from discount retailer Normal, while Christoffer Arensbach, formerly CEO of HiFi Klubben, was appointed Senior Vice President Sales North.
Kvik said investment will continue in digital customer journeys and franchise support systems, with further process automation aimed at helping franchisees operate more efficiently.
Founded in 1983, Kvik operates more than 180 stores across 13 countries through a franchise-only model. Headquartered in Vildbjerg, the company is owned by Ballingslöv Group, part of Stena AB.
More information:
Kvik
[email protected]
www.kvik.es
