Alfa Development A/S
Public limited companyCVR 27528449SøborgActive
Alfa Development A/S is a public limited company, based in Søborg, active in development of building projects, founded in 2006. After a loss in 2024, the company made a profit of DKK 43.3m in 2025. With 45 employees, the company is about 15 times larger than the industry median. 7 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 133% (2024 → 2025), to −DKK 11.9m.
- Revenue fell 82% (2024 → 2025), to DKK 21.8m.
- Net profit went from a loss of DKK 5.3m to a profit of DKK 43.3m (2024 → 2025).
- Equity rose 5% (2024 → 2025), to DKK 1bn.
Employees
- 7 more employees than a year earlier: 45 (08/2026) against 38 (08/2025).
Management and owners, last 24 months
- New in management: Christian Hasling Wæver (director, 06/02/2025) and Andreea Ioana Kaiser (ceo, 06/02/2025).
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 | 691,671 | 605,198 | 310,048 | 256,871 | 118,178 | 21,815 | −81.5% |
| Gross profit | 251,915 | 249,713 | 174,138 | 24,651 | 35,662 | −11,889 | −133.3% |
| Operating profit (EBIT) | 215,248 | 208,561 | 139,564 | 40,758 | 8,075 | −26,890 | −433% |
| Profit before tax | 199,602 | 193,191 | 152,092 | 80,002 | −12,493 | 37,350 | +399% |
| Net profit | 158,049 | 152,459 | 132,602 | 70,885 | −5,283 | 43,308 | +919.8% |
| Total assets | 2,769,936 | 2,215,179 | 2,718,136 | 2,249,429 | 1,917,352 | 1,276,381 | −33.4% |
| Equity | 898,722 | 1,065,563 | 1,198,166 | 1,129,051 | 998,768 | 1,049,995 | +5.1% |
| Liabilities | 1,719,022 | 1,013,958 | 1,353,102 | 1,057,684 | 855,801 | 226,386 | −73.5% |
| Cash and cash equivalents | 124,354 | 232,198 | 187,911 | 625,053 | 280,314 | 51,850 | −81.5% |
| Average number of employees | 33 | 42 | 40 | 44 | 36 | – | – |
Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 22/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 26/06/2025 | The group | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 28/05/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 26/05/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/05/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 24/06/2021 | The group | 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. 9,850of 9,892 Better than 0% | No. 59of 9,922 Better than 99% |
| Same industry and 20–49 employees17 companies in the comparison | No. 17of 17 Better than 0% | No. 1of 17 Better than 100% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 24,750of 24,791 Better than 0% | No. 207of 24,909 Better than 99% |
| All companies of type A/S18,025 companies in the comparison | No. 17,706of 17,786 Better than 0% | No. 405of 18,024 Better than 98% |
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- Alfa Development A/S−DKK 11.9m
- KT Erhvervsbyg A/SDKK 124.8m
- AG Construction A/SDKK 119.8m
- Alfa Development A/SDKK 43.3m
- KT Erhvervsbyg A/SDKK 39.3m
- AG Construction A/SDKK 34.3m
- Alfa Development A/SDKK 1bn
- KT Erhvervsbyg A/SDKK 167.3m
- AG Construction A/SDKK 258.5m
- Alfa Development A/S45
- KT Erhvervsbyg A/S111
- AG Construction A/S47
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- SeedALFA Holding S.à r.l.100%
Subsidiaries are shown only if they are in the database.
Management
8 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kristian Hare | Director | 01/12/2019 |
| Christian Hasling Wæver | Director | 06/02/2025 |
| Andreea Ioana Kaiser | CEO | 06/02/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Peter Winther | Board member | 26/11/2020 |
| Klaus Kaae | Board member | 16/09/2022 |
| Andreea Ioana Kaiser | Board member | 25/05/2023 |
| Anders Håkan Wahrer | Chair of the board | 25/05/2023 |
| Erik Ludvig Find | Board member | 12/01/2024 |
- Founders
- Andreea Ioana Kaiser
Former management (9)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Rasmus Banke | Board member | 01/07/2006 | 16/12/2014 |
| Andreea Ioana Kaiser | Chair of the board | 01/07/2006 | 24/05/2023 |
| Erik Ludvig Find | Board member | 01/07/2006 | 02/09/2020 |
| Erik Ludvig Find | CEO | 01/07/2006 | 03/09/2020 |
| Christian Henri Leroy | Board member | 16/12/2014 | 26/11/2020 |
| Jan Aarestrup | Director | 01/10/2017 | 01/12/2019 |
| Jan Kristensen | CEO | 03/09/2020 | 28/04/2023 |
| Erik Ludvig Find | Deputy chair | 03/09/2020 | 11/01/2024 |
| Jan Kristensen | Board member | 25/05/2023 | 19/08/2024 |
Signing rule: Selskabet tegnes af Andreea Ioana Kaiser og Erik Ludvig Find i forening, eller af to direktører i forening.
Address and production units
1 active production unitsKnud Højgaards Vej 2
2860 Søborg
Gladsaxe Municipality · Postcode 2860
Other companies at the address (1)
- ALFA Services ApSContract catering and other food service activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| ALFA DEVELOPMENT A/S | Knud Højgaards Vej 2, 3, 2860 Søborg | 45 | 1012387365 |
Purpose
Selskabets formål er at drive investeringsvirksomhed, herunder investering i aktier og anparter, og anden dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
44 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20253 changesaccounts 1 · management 2
- AccountsAnnual report for 2024 published
- ManagementAndreea Ioana Kaiser appointed ceo
- ManagementChristian Hasling Wæver appointed director
20244 changesmanagement 3 · accounts 1
- ManagementJan Kristensen stepped down as board member
- AccountsAnnual report for 2023 published
- ManagementErik Ludvig Find appointed board member
- ManagementErik Ludvig Find stepped down as deputy chair
20236 changesaccounts 1 · management 5
- AccountsAnnual report for 2022 published
- ManagementJan Kristensen appointed board member
- ManagementAndreea Ioana Kaiser appointed board member
- ManagementAnders Håkan Wahrer appointed chair of the board
- ManagementAndreea Ioana Kaiser stepped down as chair of the board
- ManagementJan Kristensen stepped down as ceo
20223 changesmanagement 1 · accounts 1 · name 1
- ManagementKlaus Kaae appointed board member
- AccountsAnnual report for 2021 published
- NameName changed from ELF DEVELOPMENT A/S to ALFA DEVELOPMENT A/S
20212 changesaddress 1 · accounts 1
- AddressMoved to Knud Højgaards Vej 2, 3, 2860 Søborg
- AccountsAnnual report for 2020 published
20206 changesmanagement 6
- ManagementPeter Winther appointed board member
- ManagementChristian Henri Leroy stepped down as board member
- ManagementJan Kristensen appointed ceo
- ManagementErik Ludvig Find appointed deputy chair
- ManagementErik Ludvig Find stepped down as ceo
- ManagementErik Ludvig Find stepped down as board member
20192 changesmanagement 2
- ManagementKristian Hare appointed director
- ManagementJan Aarestrup stepped down as director
20171 changemanagement 1
- ManagementJan Aarestrup appointed director
20161 changeaddress 1
- AddressMoved to Strandvejen 70, 1, 2900 Hellerup
20142 changesmanagement 2
- ManagementChristian Henri Leroy appointed board member
- ManagementRasmus Banke stepped down as board member
20131 changeaddress 1
- AddressMoved to Strandvejen 70, 2, 2900 Hellerup
20121 changecapital 1
- CapitalShare capital changed from 1,000,000 DKK to 61,000,000 DKK
20111 changeaddress 1
- AddressMoved to Strandvejen 201, 1, 2900 Hellerup
20101 changeaddress 1
- AddressMoved to Høyrups Alle 30, 2900 Hellerup
20091 changeaddress 1
- AddressMoved to Skovvejen 31, 8000 Aarhus C
20081 changeindustry 1
- IndustryIndustry changed to Gennemførelse af byggeprojekter (411000)
20067 changesname 1 · founded 1 · management 4 · ownership 1
- NameName changed from ELF DEVELOPMENT A/S UNDER STIFTELSE to ELF DEVELOPMENT A/S
- FoundedRegistered as ELF DEVELOPMENT A/S UNDER STIFTELSE
- ManagementErik Ludvig Find appointed ceo
- ManagementAndreea Ioana Kaiser appointed chair of the board
- ManagementRasmus Banke appointed board member
- ManagementErik Ludvig Find appointed board member
- OwnershipSeedALFA Holding S.à r.l. registered as owner (100%)
Related companies
Same industry in Gladsaxe
- MCH Energi Byg ApS5 employees
- NCC Property Development A/S5 employees
- A-Byg og Rådgivning ApS4 employees
- MKE projekt ApS4 employees
- MT Højgaard Property Development A/S3 employees
- MT Højgaard International A/S2 employees
Same people in management
- NCC Danmark A/Svia Klaus Kaae
- Nordstern ApSvia Jan Aarestrup
- Taurus Ejendomsforvaltning ApSvia Jan Kristensen
- Colliers International Danmark A/Svia Peter Winther
- DTU Science Park a/svia Klaus Kaae
- M. Goldschmidt Ejendomme A/Svia Peter Winther
Largest in the industry
- KT Erhvervsbyg A/SDKK 124.8m
- AG Construction A/SDKK 119.8m
- De Forenede Ejendomsselskaber A/SDKK 85.3m
- Holberg Fenger Invest ApSDKK 51.4m
- Kjær Knudsen A/SDKK 41.2m
- Merkuras A/SDKK 36.8m
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.