Commercial Real Estate Denmark P/S

Partnership limited by sharesCVR 27773702ValbyActive

Commercial Real Estate Denmark P/S is a partnership limited by shares, based in Valby, active in renting of commercial property, founded in 2004. After a loss in 2024, the company made a profit of DKK 151.1m in 2025. Measured by gross profit, it ranks no. 6 of 1,763 companies in the industry in the database. With 3 employees, the company is about 3 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 352.4m−18.4% vs. 2024
Net profitDKK 151.1m+145.7% vs. 2024
EquityDKK 3.3bn−0.4% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue fell 18% (2024 → 2025), to DKK 352.4m.
  • Net profit went from a loss of DKK 330.6m to a profit of DKK 151.1m (2024 → 2025).

Management and owners, last 24 months

  • New in management: Kasper Højbjerg Kempf (board member, 30/12/2024), Daniel Hye Hedemann (director, 01/01/2025) and Nadia Førster Varming (board member, 18/12/2025).
  • Stepped down: Søren Grusgaard (board member, 13/11/2025), Michael Rønnelund Brogaard (director, 01/01/2025) and Mads Winther Worsøe Larsen (director, 01/01/2025) (+1).
  • New owners registered: P+, Pensionskassen for Akademikere (29/01/2025), LÆGERNES PENSION - pensionskassen for læger (04/06/2025) and TDC Pensionskasse (04/06/2025) (+2).
  • No longer registered as owner: LÆGERNES PENSION - pensionskassen for læger (03/06/2025), P+, Pensionskassen for Akademikere (28/01/2025) and TDC Pensionskasse (29/12/2024) (+2).

Registrations, last 24 months

  • 14/07/2026: Moved to Gammel Køge Landevej 57, 3, 2500 Valby
  • 04/06/2025: Share capital changed from 1,804,500,000 DKK to 1,652,500,000 DKK
  • 07/01/2025: Moved to Gammel Køge Landevej 57, 3, 2500 Valby

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 1bnDKK 0DKK 1bnDKK 2bnDKK 3bnDKK 4bnDKK 5bn202020212022202320242025
EquityNet profit
Financial figures for Commercial Real Estate Denmark P/S
202020212022202320242025Change
Revenue384,095357,725not statednot stated431,762352,423−18.4%
Gross profit–––––282,322–
Operating profit (EBIT)308,988664,971220,422−249,393−183,457281,115+253.2%
Profit before tax220,134––––––
Net profit220,134592,105143,248−381,318−330,567151,079+145.7%
Total assets7,658,8068,184,0518,448,6817,989,5426,914,0736,514,180−5.8%
Equity3,632,5124,305,4124,695,9764,271,3353,362,7443,348,094−0.4%
Liabilities4,026,2943,878,6393,752,7053,718,2073,551,3293,166,086−10.8%
Cash and cash equivalents–2,243107,509143,933240,16576,724−68.1%
Average number of employees000000–

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. Revenue is not stated for 2022, 2023: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 400m−DKK 200mDKK 0DKK 200mDKK 400mDKK 600m202020212022202320242025
Net profitMedian, the industry (1,780 companies)

Annual reports

6 financial years
Annual reports for Commercial Real Estate Denmark P/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202514/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202429/04/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202301/05/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202201/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202026/03/2021The 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
011223312/1904/2012/2012/2112/2212/2312/24
Employees

Position in the industry

1,780 companies in the database

Comparison with the other companies in renting of commercial property based on the latest financial year.

Gross profitDKK 282.3mNo. 6 of 1,763
Better than 100% of the companies in the industry
EquityDKK 3.3bnNo. 6 of 1,780
Better than 100% of the companies in the industry
Number of employees3No. 1414 of 1,780
Better than 21% of the companies in the industry

Industry median: gross profit DKK 1.5m, net profit DKK 430k, equity DKK 13.7m, 1 employees.

DKK 100kDKK 1.1mDKK 11.2mDKK 118.3mDKK 569.9mHere
Distribution of gross profit for 1,591 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 125of 69,742
Better than 100%
No. 59of 69,964
Better than 100%
Same industry and fewer than 20 employees1,723 companies in the comparison
No. 3of 1,711
Better than 100%
No. 3of 1,723
Better than 100%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 215of 24,791
Better than 99%
No. 71of 24,909
Better than 100%
All companies of type KAS496 companies in the comparison
No. 20of 479
Better than 96%
No. 6of 496
Better than 99%

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

Renting of commercial property
Gross profit
  1. Commercial Real Estate Denmark P/SDKK 282.3m
  2. Jeudan A/SDKK 1.3bn
  3. Euro Steel 1988 ApSDKK 719.3m
Net profit
  1. Commercial Real Estate Denmark P/SDKK 151.1m
  2. Jeudan A/SDKK 1bn
  3. Euro Steel 1988 ApSDKK 180.9m
Equity
  1. Commercial Real Estate Denmark P/SDKK 3.3bn
  2. Jeudan A/SDKK 13.1bn
  3. Euro Steel 1988 ApSDKK 1.8bn
Employees
  1. Commercial Real Estate Denmark P/S3
  2. Jeudan A/S249
  3. Euro Steel 1988 ApS4

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
  • Aage v Jensen Charity Foundation5%
  • Aage V. Jensen Naturfond5%
  • Pædagogernes Pension - pensionskassen for pædagoger15%
  • P+, Pensionskassen for Akademikere20%
  • LÆGERNES PENSION - pensionskassen for læger15%
  • TDC Pensionskasse20%
Commercial Real Estate Denmark P/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Commercial Real Estate Denmark P/S
NameRoleAppointed
Daniel Hye HedemannDirector01/01/2025

Board of directors

Board of directors at Commercial Real Estate Denmark P/S
NameRoleAppointed
Mogens JørgensenBoard member26/04/2016
Leif StidsenChair of the board28/03/2019
Jan Henrik WillardBoard member25/03/2020
Kasper Højbjerg KempfBoard member30/12/2024
Nadia Førster VarmingBoard member18/12/2025
Founders
Fokus Fund Management A/S
Former management (24)
Former management at Commercial Real Estate Denmark P/S
NameRoleAppointedResigned
Knud AndersenBoard member01/06/200406/03/2006
Karsten Havkrog PedersenBoard member01/06/200406/03/2006
Tonny NielsenDirector01/06/200401/01/2012
Rickard Alvar Emanuel BacklundBoard member01/06/200401/09/2011
Torben SchønChair of the board13/05/200528/03/2019
Leif HasagerBoard member15/12/200522/03/2012
Søren FriedrichsenBoard member15/12/200522/03/2012
Pami Petteri PihlströmBoard member06/03/200625/03/2015
Marko Juha Amtero MultasBoard member05/03/200701/07/2008
Robert Patrick BingenBoard member26/03/200922/03/2013
Erik VeedfaldBoard member23/03/201025/03/2020
Tonny NielsenBoard member01/09/201126/04/2016
Morten MadsenDirector01/01/201201/12/2022
Per SkovstedBoard member22/03/201225/03/2021
Leif StidsenBoard member22/03/201227/03/2019
Ib JansholtBoard member25/03/201530/09/2019
Tonny NielsenDirector15/11/201601/12/2022
Daniel Hye HedemannBoard member22/10/201901/12/2021
Kim NielsenBoard member25/03/202025/01/2021
Søren GrusgaardBoard member25/03/202113/11/2025
Kasper Højbjerg KempfBoard member17/12/202130/03/2023
Michael Rønnelund BrogaardDirector01/12/202201/01/2025
Mads Winther Worsøe LarsenDirector01/12/202201/01/2025
Ute Christiane EckertBoard member30/03/202314/11/2024

Signing rule: Selskabet tegnes af den samlede bestyrelse, af 3 medlemmer af bestyrelsen i forening eller af 1 medlem af bestyrelsen i forening med 1 direktør eller af Komplementaren alene.

Address and production units

1 active production units

Gammel Køge Landevej 57
2500 Valby

København Municipality · Postcode 2500

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
Commercial Real Estate Denmark P/SGammel Køge Landevej 57, 3, 2500 Valby31012495532

Purpose

Partnerselskabets formål er investering i fast ejendom i Danmark, hovedsagelig erhvervsejendomme, og dermed beslægtet virksomhed samt eventuelt ejerskab i den til enhver tid udpegede forvalter for partnerselskabet.

The purpose is quoted from the register in Danish.

Changes year by year

131 registered events
20262 changesaddress 1 · accounts 1
  • Moved to Gammel Køge Landevej 57, 3, 2500 Valby
  • Annual report for 2025 published
202515 changesmanagement 5 · capital 1 · ownership 7 · accounts 1 · address 1
  • Nadia Førster Varming appointed board member
  • Søren Grusgaard stepped down as board member
  • Share capital changed from 1,804,500,000 DKK to 1,652,500,000 DKK
  • LÆGERNES PENSION - pensionskassen for læger registered as owner (15%)
  • TDC PENSIONSKASSE registered as owner (20%)
  • CRED Fund 2 ApS is no longer registered as owner
  • TDC PENSIONSKASSE is no longer registered as owner
  • LÆGERNES PENSION - pensionskassen for læger is no longer registered as owner
  • Annual report for 2024 published
  • P+, Pensionskassen for Akademikere registered as owner (20%)
  • P+, Pensionskassen for Akademikere is no longer registered as owner
  • Moved to Gammel Køge Landevej 57, 3, 2500 Valby
  • Daniel Hye Hedemann appointed director
  • Michael Rønnelund Brogaard stepped down as director
  • Mads Winther Worsøe Larsen stepped down as director
202416 changesmanagement 2 · ownership 12 · capital 1 · accounts 1
  • Kasper Højbjerg Kempf appointed board member
  • CRED Fund 2 ApS registered as owner (5%)
  • TDC PENSIONSKASSE registered as owner (15%)
  • TDC PENSIONSKASSE is no longer registered as owner
  • Ute Christiane Eckert stepped down as board member
  • Share capital changed from 1,963,500,000 DKK to 1,804,500,000 DKK
  • P+, Pensionskassen for Akademikere registered as owner (20%)
  • Pædagogernes Pension - pensionskassen for pædagoger registered as owner (15%)
  • TDC PENSIONSKASSE registered as owner (20%)
  • Commercial Real Estate Denmark P/S is no longer registered as owner
  • P+, Pensionskassen for Akademikere is no longer registered as owner
  • TDC PENSIONSKASSE is no longer registered as owner
  • Pædagogernes Pension - pensionskassen for pædagoger is no longer registered as owner
  • Annual report for 2023 published
  • Commercial Real Estate Denmark P/S registered as owner (5%)
  • CRED Fund 1 ApS is no longer registered as owner
20234 changesaddress 1 · accounts 1 · management 2
  • Moved to Østbanegade 123, 2100 København Ø
  • Annual report for 2022 published
  • Ute Christiane Eckert appointed board member
  • Kasper Højbjerg Kempf stepped down as board member
20226 changesmanagement 4 · address 1 · accounts 1
  • Michael Rønnelund Brogaard appointed director
  • Mads Winther Worsøe Larsen appointed director
  • Tonny Nielsen stepped down as director
  • Morten Madsen stepped down as director
  • Moved to Østbanegade 123, 2100 København Ø
  • Annual report for 2021 published
20217 changesownership 1 · management 5 · accounts 1
  • CRED Fund 1 ApS registered as owner (5%)
  • Kasper Højbjerg Kempf appointed board member
  • Daniel Hye Hedemann stepped down as board member
  • Annual report for 2020 published
  • Søren Grusgaard appointed board member
  • Per Skovsted stepped down as board member
  • Kim Nielsen stepped down as board member
20203 changesmanagement 3
  • Kim Nielsen appointed board member
  • Jan Henrik Willard appointed board member
  • Erik Veedfald stepped down as board member
20198 changesownership 3 · management 5
  • P+, Pensionskassen for Akademikere registered as owner (15%)
  • P+, Pensionskassen for Akademikere is no longer registered as owner
  • Daniel Hye Hedemann appointed board member
  • Ib Jansholt stepped down as board member
  • DANSKE CIVIL- OG AKADEMIINGENIØRERS PENSIONSKASSE is no longer registered as owner
  • Leif Stidsen appointed chair of the board
  • Torben Schøn stepped down as chair of the board
  • Leif Stidsen stepped down as board member
20172 changesownership 2
  • LÆGERNES PENSION - pensionskassen for læger registered as owner (10%)
  • SCHRODER FUND HOLDINGS (DENMARK) ApS is no longer registered as owner
201613 changesownership 7 · capital 1 · management 3 · address 1 · name 1
  • AAGE V. JENSEN NATURFOND registered as owner (5%)
  • Share capital changed from 1,859,500,000 DKK to 1,963,500,000 DKK
  • Tonny Nielsen appointed director
  • P+, Pensionskassen for Akademikere registered as owner (10%)
  • COLIN ApS is no longer registered as owner
  • P+, Pensionskassen for Akademikere is no longer registered as owner
  • TDC PENSIONSKASSE registered as owner (15%)
  • TDC PENSIONSKASSE is no longer registered as owner
  • CRED Fund ApS is no longer registered as owner
  • Moved to Bomhusvej 13, 1. th, 2100 København Ø
  • Name changed from API PROPERTY FUND DENMARK P/S to Commercial Real Estate Denmark P/S
  • Mogens Jørgensen appointed board member
  • Tonny Nielsen stepped down as board member
20153 changesownership 1 · management 2
  • CRED Fund ApS registered as owner (5%)
  • Ib Jansholt appointed board member
  • Pami Petteri Pihlström stepped down as board member
20132 changesmanagement 1 · merger 1
  • Robert Patrick Bingen stepped down as board member
  • Merger registered in CVR
20128 changesownership 2 · management 6
  • COLIN ApS registered as owner (5%)
  • P+, Pensionskassen for Akademikere registered as owner (5%)
  • Leif Stidsen appointed board member
  • Per Skovsted appointed board member
  • Leif Hasager stepped down as board member
  • Søren Friedrichsen stepped down as board member
  • Morten Madsen appointed director
  • Tonny Nielsen stepped down as director
20115 changesaddress 1 · management 2 · ownership 1 · capital 1
  • Moved to Strandvejen 58, 2, 2900 Hellerup
  • Tonny Nielsen appointed board member
  • Rickard Alvar Emanuel Backlund stepped down as board member
  • TDC PENSIONSKASSE registered as owner (10%)
  • Share capital changed from 1,592,500,000 DKK to 1,859,500,000 DKK
20104 changesownership 1 · capital 2 · management 1
  • Pædagogernes Pension - pensionskassen for pædagoger registered as owner (10%)
  • Share capital changed from 1,515,500,000 DKK to 1,592,500,000 DKK
  • Erik Veedfald appointed board member
  • Share capital changed from 1,504,500,000 DKK to 1,515,500,000 DKK
20094 changescapital 2 · management 1 · ownership 1
  • Share capital changed from 1,455,500,000 DKK to 1,504,500,000 DKK
  • Robert Patrick Bingen appointed board member
  • DANSKE CIVIL- OG AKADEMIINGENIØRERS PENSIONSKASSE registered as owner (5%)
  • Share capital changed from 1,319,500,000 DKK to 1,455,500,000 DKK
20083 changesownership 1 · management 1 · address 1
  • Aage v Jensen Charity Foundation registered as owner (5%)
  • Marko Juha Amtero Multas stepped down as board member
  • Moved to Gammel Kongevej 60, 7, 1850 Frederiksberg C
20075 changescapital 3 · management 1 · ownership 1
  • Share capital changed from 1,297,500,000 DKK to 1,319,500,000 DKK
  • Share capital changed from 1,287,500,000 DKK to 1,297,500,000 DKK
  • Share capital changed from 1,277,500,000 DKK to 1,287,500,000 DKK
  • Marko Juha Amtero Multas appointed board member
  • SCHRODER FUND HOLDINGS (DENMARK) ApS registered as owner (5%)
20069 changescapital 5 · management 3 · address 1
  • Share capital changed from 1,119,500,000 DKK to 1,277,500,000 DKK
  • Share capital changed from 881,500,000 DKK to 1,119,500,000 DKK
  • Share capital changed from 761,500,000 DKK to 881,500,000 DKK
  • Share capital changed from 592,500,000 DKK to 761,500,000 DKK
  • Pami Petteri Pihlström appointed board member
  • Karsten Havkrog Pedersen stepped down as board member
  • Knud Andersen stepped down as board member
  • Moved to Rådhuspladsen 75, 3, 1550 København V
  • Share capital changed from 428,500,000 DKK to 592,500,000 DKK
20056 changesmanagement 3 · capital 3
  • Leif Hasager appointed board member
  • Søren Friedrichsen appointed board member
  • Share capital changed from 278,500,000 DKK to 428,500,000 DKK
  • Share capital changed from 205,500,000 DKK to 278,500,000 DKK
  • Torben Schøn appointed chair of the board
  • Share capital changed from 145,500,000 DKK to 205,500,000 DKK
20046 changescapital 1 · founded 1 · management 4
  • Share capital changed from 100,500,000 DKK to 145,500,000 DKK
  • Registered as API PROPERTY FUND DENMARK P/S
  • Karsten Havkrog Pedersen appointed board member
  • Rickard Alvar Emanuel Backlund appointed board member
  • Tonny Nielsen appointed director
  • Knud Andersen appointed board member

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Same people in management

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.

View in CVRReport a correction