Kirk Kapital sees another record result in 2022

Kirk Kapital, a family-owned investment company, achieved a substantial return on investment of DKK 1.6 billion in 2022, representing another record year for the organization.

The company’s strategic investments generated particularly strong performance, delivering DKK 1,746 million in returns, while financial investments produced modest negative results. The firm currently manages approximately DKK 14.4 billion in assets, including DKK 5.5 billion in external asset management for clients.

CEO Kim Gulstad stated: “We are both very pleased and proud of our investment performance for 2022. Last year we were able to present the best results ever, and this year we have even managed to improve.”

Strategic investments totaling DKK 6.2 billion covered 16 companies by year-end 2022. The portfolio expanded with three new additions: Cookie Information and Mobilhouse in Denmark, plus Norwegian firm Promon.

The company integrated sustainability efforts aligned with UN Global Compact Principles, focusing on four sustainable development goals including improved maternity leave and carbon footprint reduction initiatives.

Kirk Kapital expanded its 2023 portfolio by acquiring Danish technology company PR electronics in partnership with AGIC Capital. CEO Gulstad anticipates more modest development in 2023 compared to the previous two record years.

Read the Annual Report & ESG Report 2022 here