Balder Danmark A/S
Public limited companyCVR 34058016København VActive
Balder Danmark A/S is a public limited company, based in København V, active in management of real estate on a contract basis, founded in 2011. Net profit rose 272% from 2024 to 2025, ending at DKK 765.8m. Measured by gross profit, it ranks no. 1 of 328 companies in the industry in the database. Operations are spread over 13 production units in 11 towns.
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 615.8m.
- Revenue rose 8% (2024 → 2025), to DKK 813.5m.
- Net profit rose 272% (2024 → 2025), to DKK 765.8m.
- Equity rose 13% (2024 → 2025), to DKK 6.4bn.
Employees
- 7 more employees than a year earlier: 108 (08/2026) against 101 (08/2025).
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 | 734,826 | 812,168 | 947,910 | 853,669 | 753,286 | 813,492 | +8% |
| Gross profit | 335,776 | 443,977 | 482,157 | 525,104 | 561,733 | 615,811 | +9.6% |
| Operating profit (EBIT) | 1,165,125 | 1,603,766 | 1,534,870 | −806,971 | 669,859 | 1,226,847 | +83.2% |
| Profit before tax | 1,077,285 | 1,515,658 | 1,432,860 | −1,066,047 | 282,182 | 979,942 | +247.3% |
| Net profit | 843,777 | 1,185,740 | 1,123,140 | −824,499 | 205,604 | 765,772 | +272.4% |
| Total assets | 13,705,125 | 15,940,810 | 18,453,618 | 17,434,593 | 17,469,716 | 18,358,834 | +5.1% |
| Equity | 4,000,980 | 5,182,185 | 6,298,264 | 5,471,594 | 5,677,568 | 6,443,339 | +13.5% |
| Liabilities | 8,599,865 | 9,372,159 | 10,513,741 | 10,643,633 | 10,470,077 | 10,464,715 | −0.1% |
| Cash and cash equivalents | 233,078 | 143,202 | 432,043 | 168,164 | 72,828 | 142,862 | +96.2% |
| Average number of employees | 81 | 93 | 120 | 129 | 104 | 134 | +28.8% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 01/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 29/05/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 30/06/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 26/06/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 10/06/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 06/07/2021 | 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
332 companies in the databaseComparison with the other companies in management of real estate on a contract basis based on the latest financial year.
Industry median: gross profit DKK 2.6m, net profit DKK 401k, equity DKK 3.8m, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 28of 4,412 Better than 99% | No. 19of 4,466 Better than 100% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 46of 33,588 Better than 100% | No. 10of 33,687 Better than 100% |
| All companies of type A/S18,025 companies in the comparison | No. 224of 17,786 Better than 99% | No. 85of 18,024 Better than 100% |
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
Management of real estate on a contract basis- Balder Danmark A/SDKK 615.8m
- Deas A/SDKK 348.2m
- Newsec Property Asset Management Denmark A/SDKK 327.2m
- Balder Danmark A/SDKK 765.8m
- Deas A/S−DKK 84.5m
- Newsec Property Asset Management Denmark A/SDKK 14.7m
- Balder Danmark A/SDKK 6.4bn
- Deas A/SDKK 45.9m
- Newsec Property Asset Management Denmark A/SDKK 33m
- Balder Danmark A/S108
- Deas A/S503
- Newsec Property Asset Management Denmark A/S462
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Fastighets AB Balder100%
Subsidiaries are shown only if they are in the database.
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Flemming Joseph Jensen | CEO | 01/04/2019 |
| Hannah Maria Østergaard | Director | 01/10/2021 |
| Christina Holberg Fenger | Director | 02/06/2022 |
| Jesper Bahn Damgaard | Director | 28/02/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kjell Erik Torne Selin | Chair of the board | 20/10/2017 |
| Eva Andrea Sigurgeirsdottir | Board member | 16/09/2020 |
| Flemming Joseph Jensen | Board member | 02/06/2022 |
- Founders
- KR 332 ApS
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Caroline Sundorph Pontoppidan | Director | 28/11/2011 | 20/12/2011 |
| Kjell Erik Torne Selin | Director | 20/12/2011 | 20/10/2017 |
| Marcus Johan Lennart Hansson | Director | 20/12/2011 | 20/10/2017 |
| Lars Magnus Staffan Björndal | Director | 20/12/2011 | 20/10/2017 |
| René Lindegaard Klint Olsen | Director | 20/10/2017 | 01/12/2022 |
| Marcus Johan Lennart Hansson | Board member | 20/10/2017 | 02/06/2022 |
| Lars Magnus Staffan Björndahl | Board member | 20/10/2017 | 16/09/2020 |
| Lennart Magnus Andersson | CEO | 20/10/2017 | 01/04/2019 |
| Jacob Hovmøller Christensen | Director | 24/06/2019 | 28/02/2023 |
| Christina Holberg Fenger | Director | 24/06/2019 | 29/09/2021 |
Signing rule: Selskabet tegnes af én direktør i forening med den administrerende direktør, eller af én direktør i forening med et bestyrelsesmedlem, eller af den administrerende direktør i forening med et bestyrelsesmedlem, eller af to bestyrelsesmedlemmer i forening, eller af den samlede bestyrelse.
Address and production units
13 active production unitsVesterbrogade 1E
1620 København V
| Production unit | Address | Employees | P number |
|---|---|---|---|
| BALDER DANMARK A/S | Vesterbrogade 1E, 5, 1620 København V | 75 | 1017287342 |
| Ejendomskontor Hesteskoen | Richard Mortensens Vej 84, st, 2300 København S | 9 | 1029869487 |
| Ejendomskontor Østerfælled Torv | Marskensgade 25A, st, 2100 København Ø | 5 | 1029944225 |
| Ejendomskontor Lerholmen | Sporstræde 15, Nærheden, 2640 Hedehusene | 4 | 1029870272 |
| Ejendomskontor Green Hills | Fortunas Have 32, 2680 Solrød Strand | 3 | 1029870078 |
| Ejendomskontor Rubinhaven | Parkstrøget 33, Høje Taastrup, 2630 Taastrup | 3 | 1029870051 |
| Ejendomskontor Øresundpark | Strandlodsvej 63, 2300 København S | 3 | 1029869800 |
| Ejendomskontor Skibbroen | Havneholmen 14A, 2450 København SV | 2 | 1029868944 |
| Ejendomskontor Triumph | Triumphbuen 41, 3060 Espergærde | 2 | 1030136760 |
| Ejendomskontor Carlsbakken | Studiestrædet 21, 3400 Hillerød | 1 | 1029870035 |
| Ejendomskontor Strandby Høje | Hundige Stationsvej 22C, kl, 2670 Greve | 1 | 1030797368 |
| Ejendomskontor Agerhusene | Skjeberg Alle 8, 2630 Taastrup | – | 1029870264 |
| Ejendomskontor Ofeliahaven | Moselundsvej 6, st. 4, 3000 Helsingør | – | 1029873522 |
Purpose
Selskabets formål er at eje aktier og anparter og drive administration samt al virksomhed, som efter direktionens skøn har forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
44 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20236 changesindustry 2 · merger 1 · accounts 1 · management 2
- IndustryIndustry changed to Management of real estate on a contract basis (683210)
- IndustryIndustry changed to Ikke-finansielle holdingselskaber (642020)
- MergerMerger registered in CVR
- AccountsAnnual report for 2022 published
- ManagementJesper Bahn Damgaard appointed director
- ManagementJacob Hovmøller Christensen stepped down as director
20225 changesmanagement 4 · accounts 1
- ManagementRené Lindegaard Klint Olsen stepped down as director
- AccountsAnnual report for 2021 published
- ManagementChristina Holberg Fenger appointed director
- ManagementFlemming Joseph Jensen appointed board member
- ManagementMarcus Johan Lennart Hansson stepped down as board member
20213 changesmanagement 2 · accounts 1
- ManagementHannah Maria Østergaard appointed director
- ManagementChristina Holberg Fenger stepped down as director
- AccountsAnnual report for 2020 published
20202 changesmanagement 2
- ManagementEva Andrea Sigurgeirsdottir appointed board member
- ManagementLars Magnus Staffan Björndahl stepped down as board member
20194 changesmanagement 4
- ManagementJacob Hovmøller Christensen appointed director
- ManagementChristina Holberg Fenger appointed director
- ManagementFlemming Joseph Jensen appointed ceo
- ManagementLennart Magnus Andersson stepped down as ceo
201711 changesname 1 · capital 1 · management 8 · address 1
- NameName changed from BALDER DANMARK ApS to BALDER DANMARK A/S
- CapitalShare capital changed from 80,000 DKK to 500,000 DKK
- ManagementLars Magnus Staffan Björndahl appointed board member
- ManagementKjell Erik Torne Selin appointed chair of the board
- ManagementMarcus Johan Lennart Hansson appointed board member
- ManagementRené Lindegaard Klint Olsen appointed director
- ManagementLennart Magnus Andersson appointed ceo
- ManagementKjell Erik Torne Selin stepped down as director
- ManagementMarcus Johan Lennart Hansson stepped down as director
- ManagementLars Magnus Staffan Björndal stepped down as director
- AddressMoved to Vesterbrogade 1E, 5, 1620 København V
20131 changeaddress 1
- AddressMoved to Stockholmsgade 41, 2100 København Ø
20119 changesname 1 · address 1 · management 5 · ownership 1 · founded 1
- NameName changed from KR 1667 ApS to BALDER DANMARK ApS
- AddressMoved to Strandvejen 44, 2900 Hellerup
- ManagementKjell Erik Torne Selin appointed director
- ManagementMarcus Johan Lennart Hansson appointed director
- ManagementLars Magnus Staffan Björndal appointed director
- ManagementCaroline Sundorph Pontoppidan stepped down as director
- OwnershipFastighets AB Balder registered as owner (100%)
- FoundedRegistered as KR 1667 ApS
- ManagementCaroline Sundorph Pontoppidan appointed director
Related companies
Same industry in København
- Deas A/S503 employees
- CBRE GWS Denmark ApS480 employees
- Heimstaden Denmark A/S215 employees
- INNA Danmark A/S201 employees
- Akf Holding A/S78 employees
- Fokus Nordic A/S72 employees
Same people in management
- EY Godkendt Revisionspartnerselskabvia Caroline Sundorph Pontoppidan
- Tide Bus Danmark A/Svia Caroline Sundorph Pontoppidan
- Fjord Line Danmark A/Svia Caroline Sundorph Pontoppidan
- Stena Recycling A/Svia Caroline Sundorph Pontoppidan
- Jeudan Projekt & Service A/Svia Hannah Maria Østergaard
- HortenDahl Advokatpartnerselskabvia Caroline Sundorph Pontoppidan
Largest in the industry
- Deas A/SDKK 348.2m
- Newsec Property Asset Management Denmark A/SDKK 327.2m
- Ista Danmark A/SDKK 265.4m
- Brunata A/SDKK 248.7m
- Techem Danmark A/SDKK 172m
- Heimstaden Denmark A/SDKK 150.5m
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.