AG Construction A/S
Public limited companyCVR 30066367Odense SVActive
AG Construction A/S is a public limited company, based in Odense SV, active in development of building projects, founded in 2006. Net profit fell 43% from 2024 to 2025, ending at DKK 34.3m. Measured by gross profit, it ranks no. 2 of 295 companies in the industry in the database. With 47 employees, the company is about 16 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 10% (2024 → 2025), to DKK 119.8m.
- Revenue rose 49% (2024 → 2025), to DKK 1bn.
- Net profit fell 43% (2024 → 2025), to DKK 34.3m.
- Equity rose 2% (2024 → 2025), to DKK 258.5m.
Employees
- 6 more employees than a year earlier: 47 (08/2026) against 41 (08/2025).
Registrations, last 24 months
- 19/12/2024: Moved to Papirmester Allé 20, Dalum, 5250 Odense SV
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 424,437 | 432,714 | 800,122 | 1,085,469 | 683,283 | 1,019,610 | +49.2% |
| Gross profit | 62,123 | 74,885 | 84,418 | 125,966 | 109,252 | 119,821 | +9.7% |
| Operating profit (EBIT) | 6,826 | 17,118 | 15,934 | 56,326 | 41,508 | 39,582 | −4.6% |
| Profit before tax | 42,324 | 33,459 | 32,846 | 58,763 | 69,524 | 45,722 | −34.2% |
| Net profit | 28,598 | 27,853 | 29,108 | 45,783 | 60,139 | 34,349 | −42.9% |
| Total assets | 364,004 | 316,008 | 552,382 | 777,808 | 386,732 | 468,082 | +21% |
| Equity | 116,270 | 144,123 | 173,230 | 219,013 | 254,152 | 258,501 | +1.7% |
| Liabilities | 231,641 | 154,596 | 356,581 | 521,892 | 108,308 | 182,651 | +68.6% |
| Cash and cash equivalents | 161,377 | 42,341 | 91,396 | 109,569 | 42,454 | 56,676 | +33.5% |
| Average number of employees | 29 | 22 | 29 | 37 | 35 | 38 | +8.6% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five latest annual reports in a row.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 24/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 10/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 22/03/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 10/03/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 14/04/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
295 companies in the databaseComparison with the other companies in development of building projects based on the latest financial year.
Industry median: gross profit DKK 1.7m, net profit DKK 109k, equity DKK 839k, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 107of 9,892 Better than 99% | No. 161of 9,922 Better than 98% |
| Same industry and 20–49 employees17 companies in the comparison | No. 1of 17 Better than 100% | No. 3of 17 Better than 88% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 593of 24,791 Better than 98% | No. 631of 24,909 Better than 97% |
| All companies of type A/S18,025 companies in the comparison | No. 1,322of 17,786 Better than 93% | No. 1,186of 18,024 Better than 93% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Development of building projects- AG Construction A/SDKK 119.8m
- KT Erhvervsbyg A/SDKK 124.8m
- De Forenede Ejendomsselskaber A/SDKK 85.3m
- AG Construction A/SDKK 34.3m
- KT Erhvervsbyg A/SDKK 39.3m
- De Forenede Ejendomsselskaber A/SDKK 3.3m
- AG Construction A/SDKK 258.5m
- KT Erhvervsbyg A/SDKK 167.3m
- De Forenede Ejendomsselskaber A/SDKK 915.6m
- AG Construction A/S47
- KT Erhvervsbyg A/S111
- De Forenede Ejendomsselskaber A/S25
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Bjarke Windeløv Graae | CEO | 01/08/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Bjarke Windeløv Graae | Board member | 07/10/2020 |
| Berit Hoelgaard Didriksen | Board member | 07/10/2020 |
| Maj Uggerhøj | Board member | 18/04/2023 |
| Boris Nørgaard Kjeldsen | Board member | 01/08/2023 |
| Robin Feddern | Chair of the board | 01/08/2023 |
- Founders
- AG Development A/S
Former management (16)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jørgen-Erik Witting | Board member | 21/11/2006 | 04/08/2015 |
| Jørgen-Erik Witting | Director | 21/11/2006 | 05/08/2015 |
| Uwe Teichert | Board member | 21/11/2006 | 15/11/2018 |
| Søren Gram Degn | Board member | 21/11/2006 | 07/04/2008 |
| Robin Feddern | Board member | 21/11/2006 | 31/07/2023 |
| Jørgen-Erik Witting | Chair of the board | 05/08/2015 | 19/12/2019 |
| Robin Feddern | Director | 05/08/2015 | 08/01/2017 |
| Henrik Jacobsen | CEO | 05/08/2015 | 01/03/2016 |
| Kasper Rungfeldt | CEO | 01/03/2016 | 09/01/2017 |
| Robin Feddern | CEO | 09/01/2017 | 01/08/2023 |
| Henrik Greve Nielsen | Board member | 15/11/2018 | 05/03/2020 |
| Lars Holst | Chair of the board | 19/12/2019 | 22/03/2022 |
| Bjarke Windeløv Graae | Director | 19/02/2020 | 31/07/2023 |
| Boris Nørgaard Kjeldsen | Board member | 05/03/2020 | 22/03/2022 |
| Boris Nørgaard Kjeldsen | Chair of the board | 23/03/2022 | 31/07/2023 |
| Lars Holst | Board member | 23/03/2022 | 08/03/2023 |
Signing rule: Selskabet tegnes af 2 direktører i forening, af en direktør i forening med bestyrelsesformanden eller af den samlede bestyrelse.
Address and production units
1 active production unitsPapirmester Allé 20
5250 Odense SV
Odense Municipality · Postcode 5250
Other companies at the address (4)
- AG Development A/SRenting of commercial property
- AG Københavnsvej ApSRenting of commercial property
- Lærkedal ApSNon-financial holding companies
- AG Gruppen A/SNon-financial holding companies
| Production unit | Address | Employees | P number |
|---|---|---|---|
| AG Construction A/S | Papirmester Allé 20, Dalum, 5250 Odense SV | 47 | 1012777325 |
Purpose
Selskabets formål er at drive bygge- og anlægsvirksomhed og dermed beslægtet virksomhed, herunder køb og salg af fast ejendom.
The purpose is quoted from the register in Danish.
Changes year by year
58 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20242 changesaddress 1 · accounts 1
- AddressMoved to Papirmester Allé 20, Dalum, 5250 Odense SV
- AccountsAnnual report for 2023 published
202311 changesaddress 1 · management 9 · accounts 1
- AddressMoved to Papirmester Allé 20, Dalum, 5250 Odense SV
- ManagementBjarke Windeløv Graae appointed ceo
- ManagementRobin Feddern appointed chair of the board
- ManagementBoris Nørgaard Kjeldsen appointed board member
- ManagementRobin Feddern stepped down as ceo
- ManagementBoris Nørgaard Kjeldsen stepped down as chair of the board
- ManagementBjarke Windeløv Graae stepped down as director
- ManagementRobin Feddern stepped down as board member
- ManagementMaj Uggerhøj appointed board member
- AccountsAnnual report for 2022 published
- ManagementLars Holst stepped down as board member
20229 changesaddress 4 · accounts 1 · management 4
- AddressMoved to Papirmester Allé 20, Dalum, 5250 Odense SV
- AddressMoved to Papirmester Allé 20, Dalum, 5250 Odense SV
- AccountsAnnual report for 2021 published
- ManagementLars Holst appointed board member
- ManagementBoris Nørgaard Kjeldsen appointed chair of the board
- ManagementBoris Nørgaard Kjeldsen stepped down as board member
- ManagementLars Holst stepped down as chair of the board
- AddressMoved to Papirmester Allé 20, Dalum, 5250 Odense SV
- AddressMoved to Papirmester Allé 20, Dalum, 5250 Odense SV
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20205 changesmanagement 5
- ManagementBjarke Windeløv Graae appointed board member
- ManagementBerit Hoelgaard Didriksen appointed board member
- ManagementBoris Nørgaard Kjeldsen appointed board member
- ManagementHenrik Greve Nielsen stepped down as board member
- ManagementBjarke Windeløv Graae appointed director
20195 changesmanagement 2 · capital 1 · merger 1 · name 1
- ManagementLars Holst appointed chair of the board
- ManagementJørgen-Erik Witting stepped down as chair of the board
- CapitalShare capital changed from 500,000 DKK to 1,000,000 DKK
- MergerMerger registered in CVR
- NameName changed from ARKITEKTGRUPPEN ØST A/S to AG Construction A/S
20182 changesmanagement 2
- ManagementHenrik Greve Nielsen appointed board member
- ManagementUwe Teichert stepped down as board member
20173 changesmanagement 3
- ManagementRobin Feddern appointed ceo
- ManagementKasper Rungfeldt stepped down as ceo
- ManagementRobin Feddern stepped down as director
20162 changesmanagement 2
- ManagementKasper Rungfeldt appointed ceo
- ManagementHenrik Jacobsen stepped down as ceo
20155 changesmanagement 5
- ManagementJørgen-Erik Witting appointed chair of the board
- ManagementHenrik Jacobsen appointed ceo
- ManagementRobin Feddern appointed director
- ManagementJørgen-Erik Witting stepped down as director
- ManagementJørgen-Erik Witting stepped down as board member
20141 changeindustry 1
- IndustryIndustry changed to Gennemførelse af byggeprojekter (411000)
20083 changesownership 1 · address 1 · management 1
- OwnershipAG Gruppen A/S registered as owner (100%)
- AddressMoved to Hollufgårds Allé 12, Neder Holluf, 5220 Odense SØ
- ManagementSøren Gram Degn stepped down as board member
20067 changesname 1 · founded 1 · management 5
- NameName changed from ON:HOUSE A/S to ARKITEKTGRUPPEN ØST A/S
- FoundedRegistered as ON:HOUSE A/S
- ManagementJørgen-Erik Witting appointed director
- ManagementRobin Feddern appointed board member
- ManagementSøren Gram Degn appointed board member
- ManagementUwe Teichert appointed board member
- ManagementJørgen-Erik Witting appointed board member
Related companies
Same industry in Odense
- de Fries & Mejdahl A/S9 employees
- Arealudviklingsselskabet Fremtidens Vollsmose P/S5 employees
- Combi Byg og Invest Bellinge ApS4 employees
- JW Totalentreprise ApS2 employees
- Terra Entreprise DK ApS2 employees
- Newp ApS2 employees
Same people in management
- Kemp & Lauritzen A/Svia Boris Nørgaard Kjeldsen
- Alm. Brand Forsikring A/Svia Boris Nørgaard Kjeldsen
- Newsec Property Asset Management Denmark A/Svia Boris Nørgaard Kjeldsen
- TCM Operations A/Svia Søren Gram Degn
- Munck Havne & Anlæg A/Svia Uwe Teichert
- Guldfeldt A/Svia Uwe Teichert
Largest in the industry
- KT Erhvervsbyg A/SDKK 124.8m
- De Forenede Ejendomsselskaber A/SDKK 85.3m
- Holberg Fenger Invest ApSDKK 51.4m
- Kjær Knudsen A/SDKK 41.2m
- Merkuras A/SDKK 36.8m
- dinBOLI A/SDKK 31.3m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.