He was a member of the Danish Parliament for the Danish Social Liberal Party between 1913 and 1920. From 1916 he served in the commissions for the salary negotiations with the central union. In 1924 he was appointed permanent secretary of the Ministry of Finance led by Carl Valdemar Bramsnæs. Kofoed's appointment led to some controversy in that this post had been assumed by non-political figures who had a degree in law.
