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AGF A/S

Public limited companyCVR 83839910Viby JActive

AGF A/S is a public limited company, based in Viby J, active in activities of sports clubs, founded in 1978. The company went from a profit in 2024 to a loss of DKK 20.8m in 2025. With 243 employees, the company is about 14 times larger than the industry median. 11 people are registered in the company's management and ownership.

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Key figures · financial year 2025

RevenueDKK 188.4m+1.5% vs. 2024
Net profit−DKK 20.8m−134.9% vs. 2024
EquityDKK 205.2m−9.1% vs. 2024
Employees243latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue rose 1% (2024 → 2025), to DKK 188.4m.
  • Net profit went from a profit of DKK 59.4m to a loss of DKK 20.8m (2024 → 2025).
  • Equity fell 9% (2024 → 2025), to DKK 205.2m.

Employees

  • 41 more employees than a year earlier: 243 (07/2026) against 202 (07/2025).

Management and owners, last 24 months

  • New in management: Carsten Vagn Raae Jensen (director, 07/01/2025), Kasper Rittig Strand (board member, 23/10/2025) and Finn Lund Andersen (board member, 23/10/2025) (+1).
  • Stepped down: Erik Mejneche Schmidt (board member, 23/10/2025), Uffe Jakobsen (board member, 30/07/2025) and Kim Larsen (board member, 23/10/2025).
  • New owners registered: Tmou Holding ApS (25/09/2025), Systematic Holding ApS (25/09/2025) and Holdingselskabet HV Aarhus ApS (19/12/2025).
  • No longer registered as owner: Holdingselskabet HV Aarhus ApS (19/12/2025).

Registrations, last 24 months

  • 25/09/2025: Share capital changed from 113,125,000 DKK to 135,000,000 DKK
  • 01/01/2025: Industry changed to Activities of sports clubs (931200)

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 thousand

Equity and net profit

−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202020212022202320242025
EquityNet profit
Financial figures for AGF A/S
202020212022202320242025Change
Revenue122,001143,774188,807178,116185,630188,410+1.5%
Operating profit (EBIT)−13,829−23,94619,25110,82864,438−24,774−138.4%
Profit before tax10,13524,81810,69314,50475,585−20,766−127.5%
Net profit11,97225,3187,49722,37759,435−20,766−134.9%
Total assets132,504164,056170,906210,342293,729290,540−1.1%
Equity68,28993,627101,124166,144225,593205,154−9.1%
Liabilities64,21570,42969,78244,19868,13685,386+25.3%
Cash and cash equivalents26,27229,34712,61741,04615,30619,537+27.6%
Average number of employees9396–––––

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

−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60m202020212022202320242025
Net profitMedian, the industry (117 companies)

Annual reports

6 financial years
Annual reports for AGF A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202524/10/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202425/10/2024The companyPDF not statedXBRL
202301/07/2022 – 30/06/202327/10/2023The companyPDF not statedXBRL
202201/07/2021 – 30/06/202231/10/2022The companyPDF not statedXBRL
202101/07/2020 – 30/06/202114/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202023/10/2020The companyPDFXBRL

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 CVR
010020030040007/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2605/2606/2607/26
Employees

Position in the industry

117 companies in the database

Comparison with the other companies in activities of sports clubs based on the latest financial year.

EquityDKK 205.2mNo. 4 of 117
Better than 97% of the companies in the industry
Number of employees243No. 3 of 117
Better than 98% of the companies in the industry

Industry median: gross profit DKK 3.8m, net profit −DKK 163k, equity DKK 369k, 17 employees.

DKK 100kDKK 869kDKK 7.6mDKK 65.7mDKK 277.7m
Distribution of gross profit for 106 companies in the industry (latest financial year, logarithmic scale).

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 200–499 employees796 companies in the comparisonnot stated
No. 265of 796
Better than 67%
Companies that are at least 30 years old10,276 companies in the comparisonnot stated
No. 775of 10,275
Better than 92%
All companies of type A/S18,025 companies in the comparisonnot stated
No. 1,405of 18,024
Better than 92%

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

Activities of sports clubs
Gross profit
  1. AGF A/S–
  2. F.C. København P/SDKK 570.9m
  3. FC Nordsjælland A/SDKK 460.8m
Net profit
  1. AGF A/S−DKK 20.8m
  2. F.C. København P/SDKK 53.2m
  3. FC Nordsjælland A/SDKK 209.2m
Equity
  1. AGF A/SDKK 205.2m
  2. F.C. København P/SDKK 510.1m
  3. FC Nordsjælland A/SDKK 447.4m
Employees
  1. AGF A/S243
  2. F.C. København P/S412
  3. FC Nordsjælland A/S391

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
AGF A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

10 active registrations

Executive management

Executive management at AGF A/S
NameRoleAppointed
Jacob Kjeldsen NielsenCEO01/07/2014
Dan Holt JessenDirector10/07/2015
Carsten Vagn Raae JensenDirector07/01/2025

Board of directors

Board of directors at AGF A/S
NameRoleAppointed
Lars FournaiseChair of the board26/10/2012
Jesper Ganzhorn ØrskovDeputy chair26/10/2012
Simon Francis Ratjen SchiølinBoard member23/10/2015
Katja MoesgaardBoard member28/10/2022
Kasper Rittig StrandBoard member23/10/2025
Finn Lund AndersenBoard member23/10/2025
Pernille Salling HolmBoard member23/10/2025
Former management (68)
Former management at AGF A/S
NameRoleAppointedResigned
Lauge Wienberg KjærgaardDirector08/03/197819/10/1990
Torben JensenBoard member08/03/197828/05/1996
Ejner BangBoard member08/03/197806/05/1997
Bent WachmannBoard member08/03/197823/04/1990
Bent WachmannDirector08/03/197801/12/1998
Frans HarboeDirector08/03/197815/06/1989
Ole HedelundBoard member08/03/197815/06/1989
Steen Nordahl MøllerBoard member08/03/197804/05/1995
Steen Nordahl MøllerDirector08/03/197823/04/1990
Erik Steen JensenBoard member08/03/197815/06/1989
Erik Steen JensenDirector08/03/197823/03/1988
Preben Klement AndersenDirector08/03/197829/06/1994
Mogens Koch BoyterBoard member08/03/197805/06/1997
Johannes AbildtrupChair of the board08/03/197819/10/1990
Ib Emil Christian ChristensenBoard member08/03/197819/10/1990
Henning LaursenBoard member08/03/197810/10/1989
Bent Andreas LadefogedDirector08/03/197813/05/1993
Flemming Rou JensenBoard member08/03/197807/12/1999
Vilhelm KristensenBoard member08/03/197804/05/1995
Kaj Willy CarlsenBoard member08/03/197823/03/1988
Svend Erik Bang-SørensenBoard member08/03/197823/03/1988
Claus Robert HerlufBoard member04/05/199507/12/1999
Erik NielsenBoard member28/05/199626/05/1998
Per Gran PedersenBoard member26/05/199807/12/1999
John Skovbjerg HansenDirector01/12/199801/09/1999
Per Beck AndersenBoard member27/05/199920/12/2000
Preben Klement AndersenChair of the board27/05/199920/12/2000
Flemming Rou JensenDirector01/09/199907/12/1999
Tom AndersenDeputy board member07/12/199923/01/2002
Dan Rene Snejbjerg IversenDirector07/12/199918/09/2000
Niels Peder OpstrupBoard member07/12/199920/12/2000
John RasmussenBoard member07/12/199920/12/2000
Erik Koch BoyterBoard member07/12/199911/04/2003
Henrik Lumbye BockCEO18/09/200002/01/2001
Peer Kamp VestergaardBoard member20/12/200015/06/2003
Thomas AndresenBoard member20/12/200023/01/2002
Lars SvendsenDeputy board member20/12/200023/01/2002
Michael Jørgen HyldgaardCEO02/01/200111/04/2003
Erik HøjsholtBoard member23/01/200229/10/2004
Michael Jørgen HyldgaardBoard member08/10/200223/10/2003
Frank Toft HeskjærCEO11/04/200331/12/2004
Jørgen Vangsgaard HansenBoard member23/10/200329/10/2004
Svenn Aage Hyllerød DamChair of the board23/10/200303/02/2005
Torsten HvidtBoard member23/10/200329/10/2004
Michael VadBoard member23/10/200323/10/2015
Kai AmbrosiusBoard member29/10/200427/10/2006
Jesper Jørgen Thorndahl OlesenBoard member29/10/200403/02/2005
Steffen Jørgen Thorndal OlesenDeputy board member29/10/200403/02/2005
Henning Torben KjeldmannDeputy board member03/02/200515/06/2007
Kurt AndersenChair of the board03/02/200515/06/2007
Lars Christian BærentsenBoard member03/02/200529/10/2010
Thorkild Mejlby RathjeCEO03/02/200523/03/2005
Michael Riegels SimonsenBoard member03/02/200524/10/2008
Lars WindfeldCEO23/03/200501/05/2009
Michael Vilhelm NielsenBoard member25/06/200515/06/2007
Poul Viggo Bartels PetersenDeputy board member27/10/200609/09/2019
Erik Mejneche SchmidtBoard member27/10/200623/10/2025
Jan Godballe BørjessonBoard member15/06/200729/10/2010
Torben Bjerre-MadsenChair of the board15/06/200726/10/2012
Martin BuskDeputy chair15/06/200722/01/2010
Thomas Bruno PedersenBoard member24/10/200829/10/2010
Jan ChristensenCEO01/05/200901/07/2014
Jens-Olav HarmsenBoard member29/10/201023/10/2015
Uffe JakobsenBoard member24/10/201430/07/2025
Jørn KlingeDirector25/10/201410/07/2015
Dich Theodor Oswald Skov StofferDirector25/10/201410/07/2015
Carsten Rhodes-NørlandBoard member23/10/201525/10/2018
Kim LarsenBoard member25/10/201823/10/2025

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med bestyrelsens næstformand og et medlem af bestyrelsen eller af formanden og næstformanden i forening med selskabets administrerende direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Terp Skovvej 18A
8260 Viby J

Aarhus Municipality · Postcode 8260

Other companies at the address (2)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
AGF A/STerp Skovvej 18A, 8260 Viby J3821003209774

Purpose

Selskabets formål er direkte eller via datterselskaber at drive virksomhed indenfor professionel fodbold og andre sportsgrene samt forretning indenfor underholdnings-, restaurations-, udlejnings- investerings- og sponsorvirksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

165 registered events
202514 changesownership 4 · accounts 1 · management 7 · capital 1 · industry 1
  • Holdingselskabet HV Aarhus ApS registered as owner (20%)
  • Holdingselskabet HV Aarhus ApS is no longer registered as owner
  • Annual report for 2025 published
  • Pernille Salling Holm appointed board member
  • Finn Lund Andersen appointed board member
  • Kasper Rittig Strand appointed board member
  • Kim Larsen stepped down as board member
  • Erik Mejneche Schmidt stepped down as board member
  • Share capital changed from 113,125,000 DKK to 135,000,000 DKK
  • Systematic Holding ApS registered as owner (5%)
  • TMOU HOLDING ApS registered as owner (5%)
  • Uffe Jakobsen stepped down as board member
  • Carsten Vagn Raae Jensen appointed director
  • Industry changed to Activities of sports clubs (931200)
20242 changesaccounts 1 · address 1
  • Annual report for 2024 published
  • Moved to Terp Skovvej 18A, 8260 Viby J
20234 changesaccounts 1 · ownership 2 · capital 1
  • Annual report for 2023 published
  • NØRKJÆR LARSEN HOLDING ApS registered as owner (15%)
  • NØRKJÆR LARSEN HOLDING ApS is no longer registered as owner
  • Share capital changed from 94,424,316 DKK to 113,125,000 DKK
20224 changesaccounts 1 · management 1 · ownership 2
  • Annual report for 2022 published
  • Katja Moesgaard appointed board member
  • ANPARTSSELSKABET AF 10. JUNI 1997 registered as owner (20%)
  • ANPARTSSELSKABET AF 10. JUNI 1997 is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2021 published
20204 changesaccounts 1 · ownership 3
  • Annual report for 2020 published
  • H. NORUP HOLDING ApS registered as owner (5%)
  • ANPARTSSELSKABET AF 10. JUNI 1997 registered as owner (15%)
  • ANPARTSSELSKABET AF 10. JUNI 1997 is no longer registered as owner
20196 changesownership 4 · management 1 · capital 1
  • ANPARTSSELSKABET AF 10. JUNI 1997 registered as owner (10%)
  • NØRKJÆR LARSEN HOLDING ApS registered as owner (15%)
  • NØRKJÆR LARSEN HOLDING ApS is no longer registered as owner
  • ANPARTSSELSKABET AF 10. JUNI 1997 is no longer registered as owner
  • Poul Viggo Bartels Petersen stepped down as deputy board member
  • Share capital changed from 78,711,383 DKK to 94,424,316 DKK
20183 changesmanagement 2 · name 1
  • Kim Larsen appointed board member
  • Carsten Rhodes-Nørland stepped down as board member
  • Name changed from AARHUS ELITE A/S to AGF A/S
20173 changescapital 2 · ownership 1
  • Share capital changed from 72,211,383 DKK to 78,711,383 DKK
  • Share capital changed from 67,211,383 DKK to 72,211,383 DKK
  • NØRKJÆR LARSEN HOLDING ApS registered as owner (10%)
20157 changesmanagement 7
  • Simon Francis Ratjen Schiølin appointed board member
  • Carsten Rhodes-Nørland appointed board member
  • Jens-Olav Harmsen stepped down as board member
  • Michael Vad stepped down as board member
  • Dan Holt Jessen appointed director
  • Jørn Klinge stepped down as director
  • Dich Theodor Oswald Skov Stoffer stepped down as director
20147 changesownership 1 · capital 1 · management 5
  • ANPARTSSELSKABET AF 10. JUNI 1997 registered as owner (5%)
  • Share capital changed from 23,277,699 DKK to 67,211,383 DKK
  • Jørn Klinge appointed director
  • Dich Theodor Oswald Skov Stoffer appointed director
  • Uffe Jakobsen appointed board member
  • Jacob Kjeldsen Nielsen appointed ceo
  • Jan Christensen stepped down as ceo
20124 changesname 1 · management 3
  • Name changed from ÅRHUS ELITE A/S to AARHUS ELITE A/S
  • Lars Fournaise appointed chair of the board
  • Jesper Ganzhorn Ørskov appointed deputy chair
  • Torben Bjerre-Madsen stepped down as chair of the board
20111 changecapital 1
  • Share capital changed from 93,110,796 DKK to 23,277,699 DKK
20107 changescapital 2 · management 5
  • Share capital changed from 46,555,398 DKK to 93,110,796 DKK
  • Jens-Olav Harmsen appointed board member
  • Thomas Bruno Pedersen stepped down as board member
  • Jan Godballe Børjesson stepped down as board member
  • Lars Christian Bærentsen stepped down as board member
  • Share capital changed from 42,522,249 DKK to 46,555,398 DKK
  • Martin Busk stepped down as deputy chair
20093 changesmanagement 2 · capital 1
  • Jan Christensen appointed ceo
  • Lars Windfeld stepped down as ceo
  • Share capital changed from 40,402,875 DKK to 42,522,249 DKK
20084 changesmanagement 2 · capital 1 · industry 1
  • Thomas Bruno Pedersen appointed board member
  • Michael Riegels Simonsen stepped down as board member
  • Share capital changed from 40,352,802 DKK to 40,402,875 DKK
  • Industry changed to Activities of sports clubs (931200)
20077 changescapital 1 · management 6
  • Share capital changed from 36,684,366 DKK to 40,352,802 DKK
  • Torben Bjerre-Madsen appointed chair of the board
  • Martin Busk appointed deputy chair
  • Jan Godballe Børjesson appointed board member
  • Michael Vilhelm Nielsen stepped down as board member
  • Kurt Andersen stepped down as chair of the board
  • Henning Torben Kjeldmann stepped down as deputy board member
20064 changesmanagement 3 · capital 1
  • Erik Mejneche Schmidt appointed board member
  • Poul Viggo Bartels Petersen appointed deputy board member
  • Kai Ambrosius stepped down as board member
  • Share capital changed from 33,349,424 DKK to 36,684,366 DKK
200513 changesmanagement 11 · capital 2
  • Michael Vilhelm Nielsen appointed board member
  • Lars Windfeld appointed ceo
  • Thorkild Mejlby Rathje stepped down as ceo
  • Share capital changed from 33,049,424 DKK to 33,349,424 DKK
  • Kurt Andersen appointed chair of the board
  • Michael Riegels Simonsen appointed board member
  • Thorkild Mejlby Rathje appointed ceo
  • Lars Christian Bærentsen appointed board member
  • Henning Torben Kjeldmann appointed deputy board member
  • Jesper Jørgen Thorndahl Olesen stepped down as board member
  • Steffen Jørgen Thorndal Olesen stepped down as deputy board member
  • Svenn Aage Hyllerød Dam stepped down as chair of the board
  • Share capital changed from 9,472,830 DKK to 33,049,424 DKK
20049 changesmanagement 7 · name 1 · capital 1
  • Frank Toft Heskjær stepped down as ceo
  • Name changed from AGF KONTRAKTFODBOLD A/S to ÅRHUS ELITE A/S
  • Share capital changed from 10,491,160 DKK to 9,472,830 DKK
  • Jesper Jørgen Thorndahl Olesen appointed board member
  • Steffen Jørgen Thorndal Olesen appointed deputy board member
  • Kai Ambrosius appointed board member
  • Jørgen Vangsgaard Hansen stepped down as board member
  • Torsten Hvidt stepped down as board member
  • Erik Højsholt stepped down as board member
20039 changesmanagement 9
  • Jørgen Vangsgaard Hansen appointed board member
  • Michael Vad appointed board member
  • Torsten Hvidt appointed board member
  • Svenn Aage Hyllerød Dam appointed chair of the board
  • Michael Jørgen Hyldgaard stepped down as board member
  • Peer Kamp Vestergaard stepped down as board member
  • Frank Toft Heskjær appointed ceo
  • Michael Jørgen Hyldgaard stepped down as ceo
  • Erik Koch Boyter stepped down as board member
20028 changesaddress 2 · management 5 · capital 1
  • Moved to Stadion Allé 70, 8000 Aarhus C
  • Michael Jørgen Hyldgaard appointed board member
  • Moved to Stadion Allé 70, 8000 Århus C
  • Share capital changed from 4,911,600 DKK to 10,491,160 DKK
  • Erik Højsholt appointed board member
  • Lars Svendsen stepped down as deputy board member
  • Thomas Andresen stepped down as board member
  • Tom Andersen stepped down as deputy board member
20012 changesmanagement 2
  • Michael Jørgen Hyldgaard appointed ceo
  • Henrik Lumbye Bock stepped down as ceo
200011 changesmanagement 9 · address 1 · capital 1
  • Peer Kamp Vestergaard appointed board member
  • Lars Svendsen appointed deputy board member
  • Thomas Andresen appointed board member
  • Niels Peder Opstrup stepped down as board member
  • John Rasmussen stepped down as board member
  • Per Beck Andersen stepped down as board member
  • Preben Klement Andersen stepped down as chair of the board
  • Moved to Holme Møllevej 5, 8260 Viby J
  • Henrik Lumbye Bock appointed ceo
  • Dan Rene Snejbjerg Iversen stepped down as director
  • Share capital changed from 3,310,000 DKK to 4,911,600 DKK
199912 changesmanagement 12
  • Niels Peder Opstrup appointed board member
  • Dan Rene Snejbjerg Iversen appointed director
  • Tom Andersen appointed deputy board member
  • John Rasmussen appointed board member
  • Erik Koch Boyter appointed board member
  • Flemming Rou Jensen stepped down as director
  • Per Gran Pedersen stepped down as board member
  • Claus Robert Herluf stepped down as board member
  • Flemming Rou Jensen appointed director
  • John Skovbjerg Hansen stepped down as director
  • Per Beck Andersen appointed board member
  • Preben Klement Andersen appointed chair of the board
19983 changesmanagement 3
  • John Skovbjerg Hansen appointed director
  • Per Gran Pedersen appointed board member
  • Erik Nielsen stepped down as board member
19971 changemanagement 1
  • Ejner Bang stepped down as board member
19961 changemanagement 1
  • Erik Nielsen appointed board member
19951 changemanagement 1
  • Claus Robert Herluf appointed board member
19911 changecapital 1
  • Share capital changed from 10,500,000 DKK to 3,310,000 DKK
19902 changesmanagement 2
  • Lauge Wienberg Kjærgaard stepped down as director
  • Bent Wachmann stepped down as board member
19883 changescapital 2 · name 1
  • Share capital changed from 3,500,000 DKK to 10,500,000 DKK
  • Name changed from AGF'S KONTRAKTFODBOLD ApS to AGF KONTRAKTFODBOLD A/S
  • Share capital changed from 80,000 DKK to 3,500,000 DKK
19784 changesfounded 1 · management 3
  • Registered as AGF'S KONTRAKTFODBOLD ApS
  • Bent Wachmann appointed board member
  • Ejner Bang appointed board member
  • Lauge Wienberg Kjærgaard appointed director

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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 23/10/2026.

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