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D.h. Holding A/S

Public limited companyCVR 37397717HorbelevActive

D.h. Holding A/S is a public limited company, based in Horbelev, active in investment on own account, founded in 1970. The company made a loss in both 2024 and 2025, most recently DKK 172k. The company has existed for over 50 years. 7 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 49,964+126.7% vs. 2024
Net profit−DKK 172k+82.9% vs. 2024
EquityDKK 9.7m−1.7% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 1m to DKK 172k (2024 → 2025).
  • Equity fell 2% (2024 → 2025), to DKK 9.7m.

Employees

  • 1 more employees than a year earlier: 2 (07/2026) against 1 (07/2025).

Management and owners, last 24 months

  • New in management: Joachim Cyrill Hansen (board member, 10/06/2026), Joachim Cyrill Hansen (ceo, 10/06/2026) and Jan Magnus Jæger (board member, 10/06/2026) (+3).
  • Stepped down: Jesper Rene Christensen (board member, 10/06/2026), Torben Bech (board member, 09/06/2026) and Kim Poulsen (board member, 10/06/2026) (+3).

Registrations, last 24 months

  • 31/08/2026: Moved to Svalevej 18, 4871 Horbelev
  • 05/01/2026: Moved to Stenurtvej 4, Vorupør, 7700 Thisted
  • 01/01/2026: Industry changed to Investment on own account (649910)
  • 04/11/2025: Merger registered in CVR

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 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for D.h. Holding A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1151019−141−18750+126.7%
Operating profit (EBIT)–−278−369−395–−243–
Profit before tax−1,228−70−6,825−1,693−901149+116.5%
Net profit−1,289−249−6,124−1,796−1,001−172+82.9%
Total assets14,28519,47224,73011,65910,3699,943−4.1%
Equity14,06818,03612,64910,8539,8529,680−1.7%
Liabilities21724710,056183143262+83.4%
Cash and cash equivalents8422339,338151181175−3.5%
Average number of employees1111110%

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 2020, 2021, 2022, 2023, 2024, 2025: 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 200k−DKK 150k−DKK 100k−DKK 50,000DKK 0DKK 50,000DKK 100k202020212022202320242025
Gross profitMedian, the industry (655 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more 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
Annual reports for D.h. Holding A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202505/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202330/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202213/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202113/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/06/2021The 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
012345606/2307/2308/2309/2310/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

655 companies in the database

Comparison with the other companies in investment on own account based on the latest financial year.

Gross profitDKK 49,964No. 236 of 623
Better than 62% of the companies in the industry
EquityDKK 9.7mNo. 412 of 655
Better than 37% of the companies in the industry
Number of employees2No. 312 of 655
Better than 52% of the companies in the industry

Industry median: gross profit −DKK 36,065, net profit DKK 364k, equity DKK 22.5m, 1 employees.

DKK 100kDKK 968kDKK 9.4mDKK 90.6mDKK 411.3m
Distribution of gross profit for 255 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. 61,857of 69,742
Better than 11%
No. 9,271of 69,964
Better than 87%
Same industry and fewer than 20 employees636 companies in the comparison
No. 226of 606
Better than 63%
No. 401of 636
Better than 37%
Companies that are at least 30 years old10,276 companies in the comparison
No. 9,274of 10,152
Better than 9%
No. 4,846of 10,275
Better than 53%
All companies of type A/S18,025 companies in the comparison
No. 16,515of 17,786
Better than 7%
No. 8,896of 18,024
Better than 51%

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

Investment on own account
Gross profit
  1. D.h. Holding A/SDKK 49,964
  2. Obton A/SDKK 876.4m
  3. MS2 Holding ApSDKK 841.3m
Net profit
  1. D.h. Holding A/S−DKK 172k
  2. Obton A/SDKK 463.9m
  3. MS2 Holding ApSDKK 136.9m
Equity
  1. D.h. Holding A/SDKK 9.7m
  2. Obton A/S−DKK 219.2m
  3. MS2 Holding ApSDKK 1.2bn
Employees
  1. D.h. Holding A/S2
  2. Obton A/S11
  3. MS2 Holding ApS7

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
  • Købmandsforeningen Danmark100%
D.h. Holding A/S

Management

7 active registrations

Executive management

Executive management at D.h. Holding A/S
NameRoleAppointed
Joachim Cyrill HansenCEO10/06/2026

Board of directors

Board of directors at D.h. Holding A/S
NameRoleAppointed
Michael Hørsted VintherBoard member29/05/2018
Joachim Cyrill HansenBoard member10/06/2026
Jan Magnus JægerBoard member10/06/2026
Lars NielsenBoard member10/06/2026
Torben BechChair of the board10/06/2026
Per ThøfnerBoard member10/06/2026
Former management (35)
Former management at D.h. Holding A/S
NameRoleAppointedResigned
Aksel PedersenBoard member24/05/197005/05/2006
Ernst Claus ClausenBoard member24/05/197026/04/2001
Olav Stoustrup ChristiansenBoard member24/05/197010/03/1995
Ole Christian SørensenBoard member24/05/197005/05/2006
Laue Lydiksen HansenBoard member24/05/197026/04/2001
Henry Søgaard MeyerBoard member24/05/197026/04/2001
Preben Høyen AndersenBoard member24/05/197023/04/1990
Tage Bernhard HansenBoard member24/05/197023/04/1990
Mogens John JørgensenBoard member24/05/197006/04/1989
Henning MarkBoard member24/05/197007/05/1992
Preben PetersenBoard member24/05/197011/04/1996
Frands Jørgen HansenBoard member24/05/197023/04/1990
Frands Jørgen HansenDirector24/05/197001/05/2002
Bendt SørensenBoard member26/04/200127/04/2005
John NielsenBoard member26/04/200127/04/2005
Erland Anders RasmussenCEO01/05/200211/03/2010
Søren Schäfer SchjødtBoard member27/04/200527/05/2010
Louis HøffnerBoard member05/05/200627/05/2010
Kim PoulsenChair of the board05/05/200629/09/2016
Claus JensenDirector11/03/201006/09/2010
Joachim Cyrill HansenBoard member27/05/201029/09/2016
Michael Voldsgaard NielsenBoard member27/05/201021/11/2012
Niels Henning Carstensen CastenborgDirector06/09/201030/09/2016
Finn Degn OvesenBoard member18/05/201103/11/2017
Jens HenriksenBoard member21/11/201225/05/2016
Hans-Kurt JørgensenBoard member29/05/201325/05/2016
Eggert ChristiansenDeputy chair29/05/201329/09/2016
Jesper Rene ChristensenBoard member25/05/201610/06/2026
Torben BechBoard member25/05/201609/06/2026
Eggert ChristiansenChair of the board30/09/201630/05/2022
Joachim Cyrill HansenDeputy chair30/09/201630/05/2022
Kim PoulsenBoard member30/09/201610/06/2026
Kim PoulsenCEO30/09/201610/06/2026
Eggert ChristiansenDeputy chair31/05/202210/06/2026
Joachim Cyrill HansenChair of the board31/05/202209/06/2026

Signing rule: Selskabet tegnes af en direktør eller af 2 medlemmer af bestyrelsen i forening eller af den samlede bestyrelse.

Address and production units

1 active production units

Svalevej 18
4871 Horbelev

Guldborgsund Municipality · Postcode 4871

Production units
Production unitAddressEmployeesP number
D H HOLDING A/SSvalevej 18, 4871 Horbelev21001755356

Purpose

Selskabets formål er handel, investering og financiering

The purpose is quoted from the register in Danish.

Changes year by year

93 registered events
202616 changesaddress 2 · management 12 · accounts 1 · industry 1
  • Moved to Svalevej 18, 4871 Horbelev
  • Joachim Cyrill Hansen appointed board member
  • Per Thøfner appointed board member
  • Torben Bech appointed chair of the board
  • Lars Nielsen appointed board member
  • Jan Magnus Jæger appointed board member
  • Joachim Cyrill Hansen appointed ceo
  • Eggert Christiansen stepped down as deputy chair
  • Kim Poulsen stepped down as ceo
  • Kim Poulsen stepped down as board member
  • Jesper Rene Christensen stepped down as board member
  • Joachim Cyrill Hansen stepped down as chair of the board
  • Torben Bech stepped down as board member
  • Annual report for 2025 published
  • Moved to Stenurtvej 4, Vorupør, 7700 Thisted
  • Industry changed to Investment on own account (649910)
20252 changesmerger 1 · accounts 1
  • Merger registered in CVR
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20226 changesaddress 1 · accounts 1 · management 4
  • Moved to Agro Food Park 26, 2, 8200 Aarhus N
  • Annual report for 2021 published
  • Joachim Cyrill Hansen appointed chair of the board
  • Eggert Christiansen appointed deputy chair
  • Joachim Cyrill Hansen stepped down as deputy chair
  • Eggert Christiansen stepped down as chair of the board
20211 changeaccounts 1
  • Annual report for 2020 published
20181 changemanagement 1
  • Michael Hørsted Vinther appointed board member
20171 changemanagement 1
  • Finn Degn Ovesen stepped down as board member
201612 changesmanagement 12
  • Kim Poulsen appointed ceo
  • Kim Poulsen appointed board member
  • Joachim Cyrill Hansen appointed deputy chair
  • Eggert Christiansen appointed chair of the board
  • Niels Henning Carstensen Castenborg stepped down as director
  • Eggert Christiansen stepped down as deputy chair
  • Joachim Cyrill Hansen stepped down as board member
  • Kim Poulsen stepped down as chair of the board
  • Jesper Rene Christensen appointed board member
  • Torben Bech appointed board member
  • Hans-Kurt Jørgensen stepped down as board member
  • Jens Henriksen stepped down as board member
20132 changesmanagement 2
  • Eggert Christiansen appointed deputy chair
  • Hans-Kurt Jørgensen appointed board member
20122 changesmanagement 2
  • Jens Henriksen appointed board member
  • Michael Voldsgaard Nielsen stepped down as board member
20111 changemanagement 1
  • Finn Degn Ovesen appointed board member
20109 changesmanagement 8 · industry 1
  • Niels Henning Carstensen Castenborg appointed director
  • Claus Jensen stepped down as director
  • Industry changed to Renting of commercial property (682040)
  • Michael Voldsgaard Nielsen appointed board member
  • Joachim Cyrill Hansen appointed board member
  • Louis Høffner stepped down as board member
  • Søren Schäfer Schjødt stepped down as board member
  • Claus Jensen appointed director
  • Erland Anders Rasmussen stepped down as ceo
20064 changesmanagement 4
  • Kim Poulsen appointed chair of the board
  • Louis Høffner appointed board member
  • Ole Christian Sørensen stepped down as board member
  • Aksel Pedersen stepped down as board member
20053 changesmanagement 3
  • Søren Schäfer Schjødt appointed board member
  • John Nielsen stepped down as board member
  • Bendt Sørensen stepped down as board member
20022 changesmanagement 2
  • Erland Anders Rasmussen appointed ceo
  • Frands Jørgen Hansen stepped down as director
20015 changesmanagement 5
  • John Nielsen appointed board member
  • Bendt Sørensen appointed board member
  • Henry Søgaard Meyer stepped down as board member
  • Laue Lydiksen Hansen stepped down as board member
  • Ernst Claus Clausen stepped down as board member
19961 changemanagement 1
  • Preben Petersen stepped down as board member
19951 changemanagement 1
  • Olav Stoustrup Christiansen stepped down as board member
19921 changemanagement 1
  • Henning Mark stepped down as board member
19906 changesownership 1 · name 1 · capital 1 · management 3
  • Købmandsforeningen Danmark registered as owner (100%)
  • Name changed from DANSK HANDELSBLADS HUS A/S to D.H. HOLDING A/S
  • Share capital changed from 300,000 DKK to 9,000,000 DKK
  • Preben Høyen Andersen stepped down as board member
  • Frands Jørgen Hansen stepped down as board member
  • Tage Bernhard Hansen stepped down as board member
19891 changemanagement 1
  • Mogens John Jørgensen stepped down as board member
197014 changesfounded 1 · management 13
  • Registered as DANSK HANDELSBLADS HUS A/S
  • Preben Høyen Andersen appointed board member
  • Henry Søgaard Meyer appointed board member
  • Laue Lydiksen Hansen appointed board member
  • Ole Christian Sørensen appointed board member
  • Olav Stoustrup Christiansen appointed board member
  • Aksel Pedersen appointed board member
  • Ernst Claus Clausen appointed board member
  • Frands Jørgen Hansen appointed director
  • Frands Jørgen Hansen appointed board member
  • Preben Petersen appointed board member
  • Henning Mark appointed board member
  • Mogens John Jørgensen appointed board member
  • Tage Bernhard Hansen appointed board member

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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 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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