Ejendomsaktieselskabet Varde

Public limited companyCVR 11515649København KActive

Ejendomsaktieselskabet Varde is a public limited company, based in København K, active in renting of commercial property, founded in 1987. The company made a loss in both 2024 and 2025, most recently DKK 799k. Operations are spread over 4 production units. With 6 employees, the company is about 6 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 5.6m−13% vs. 2024
Net profit−DKK 799k+32.8% vs. 2024
EquityDKK 20.3m−3.8% vs. 2024
Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 13% (2024 → 2025), to DKK 5.6m.
  • The loss got smaller: from DKK 1.2m to DKK 799k (2024 → 2025).
  • Equity fell 4% (2024 → 2025), to DKK 20.3m.

Employees

  • 3 fewer employees than a year earlier: 6 (08/2026) against 9 (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 thousand

Equity and net profit

−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Ejendomsaktieselskabet Varde
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit9,3587,8767,4367,5166,4025,568−13%
Operating profit (EBIT)4002,9992,3202,166798821+2.9%
Profit before tax−6282,1367,729271−1,291−791+38.7%
Net profit−4391,5415,86142−1,188−799+32.8%
Total assets108,522106,582103,585100,68898,29197,189−1.1%
Equity14,84516,38622,24722,28921,10120,302−3.8%
Liabilities91,93788,66479,75176,74175,61875,294−0.4%
Cash and cash equivalents8,6677,5053,4601,494533603+13.1%
Average number of employees2067775−28.6%

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 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (1,780 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    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 Ejendomsaktieselskabet Varde
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202226/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202021/07/2021The 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
024681009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 5.6mNo. 369 of 1,763
Better than 79% of the companies in the industry
EquityDKK 20.3mNo. 738 of 1,780
Better than 59% of the companies in the industry
Number of employees6No. 167 of 1,780
Better than 91% 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. 11,750of 69,742
Better than 83%
No. 5,732of 69,964
Better than 92%
Same industry and fewer than 20 employees1,723 companies in the comparison
No. 331of 1,711
Better than 81%
No. 700of 1,723
Better than 59%
Companies that are at least 30 years old10,276 companies in the comparison
No. 5,405of 10,152
Better than 47%
No. 3,373of 10,275
Better than 67%
All companies of type A/S18,025 companies in the comparison
No. 11,508of 17,786
Better than 35%
No. 6,118of 18,024
Better than 66%

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. Ejendomsaktieselskabet VardeDKK 5.6m
  2. Jeudan A/SDKK 1.3bn
  3. Euro Steel 1988 ApSDKK 719.3m
Net profit
  1. Ejendomsaktieselskabet Varde−DKK 799k
  2. Jeudan A/SDKK 1bn
  3. Euro Steel 1988 ApSDKK 180.9m
Equity
  1. Ejendomsaktieselskabet VardeDKK 20.3m
  2. Jeudan A/SDKK 13.1bn
  3. Euro Steel 1988 ApSDKK 1.8bn
Employees
  1. Ejendomsaktieselskabet Varde6
  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
  • Handels- og industriaktieselskabet af 24. oktober 1980100%
Ejendomsaktieselskabet Varde

Management

5 active registrations

Executive management

Executive management at Ejendomsaktieselskabet Varde
NameRoleAppointed
Michael BechDirector25/04/2016

Board of directors

Board of directors at Ejendomsaktieselskabet Varde
NameRoleAppointed
Kenneth NielsenDeputy chair04/06/2013
Poul Erik BechChair of the board25/04/2016
Michael BechBoard member25/04/2016
Henrik MortensenBoard member26/01/2018
Founders
Carsten Fode, Jan Godballe Børjesson, Chrico Towing & Storage Inc. ApS
Former management (10)
Former management at Ejendomsaktieselskabet Varde
NameRoleAppointedResigned
Carsten FodeBoard member02/11/198715/09/1988
Hans-Jørn Østergaard AndersenBoard member02/11/198715/09/1988
Jørgen JørgensenBoard member02/11/198704/06/2013
Jan Godballe BørjessonBoard member02/11/198715/09/1988
Jan Godballe BørjessonDirector02/11/198715/09/1988
Tove KleisBoard member02/11/198704/06/2013
Tove KleisDirector02/11/198704/06/2013
Poul Erik BechBoard member04/06/201324/04/2016
Poul Erik BechDirector04/06/201325/04/2016
Michael BechChair of the board04/06/201324/04/2016

Signing rule: Selskabet tegnes af en direktør eller af bestyrelsesformanden eller af den samlede bestyrelse i forening.

Address and production units

4 active production units

Dybensgade 6
1071 København K

København Municipality · Postcode 1071

Other companies at the address (1)

  • Ekadan A/SOther financial service activities n.e.c.
Production units
Production unitAddressEmployeesP number
Ejendomsaktieselskabet VardeFiskergade 2D, 6800 Varde51021101695
EJENDOMSAKTIESELSKABET VARDEDybensgade 6, 1071 København K31000248532
Renovera A/SEnghavevej 4C, 6800 Varde31026709683
Ejendomsaktieselskabet VardeBremerholm 29, 1069 København K11021101741

Purpose

Selskabets formål er erhvervelse, salg og besiddelse af fast ejendom, beslægtet virksomhed hertil, køb og salg af byggematerialer m.m., tilsyn med parkeringsanlæg m.m., restaurationsdrift, bardrift, hoteldrift og aktiviteter i relation hertil, samt lave udstillinger, events m.m.

The purpose is quoted from the register in Danish.

Changes year by year

47 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20182 changesmerger 1 · management 1
  • Merger registered in CVR
  • Henrik Mortensen appointed board member
20172 changesownership 2
  • Handels- og industriaktieselskabet af 24. oktober 1980 registered as owner (100%)
  • Setifas ApS is no longer registered as owner
20167 changesaddress 1 · management 6
  • Moved to Dybensgade 6, 1071 København K
  • Poul Erik Bech appointed chair of the board
  • Michael Bech appointed director
  • Michael Bech appointed board member
  • Poul Erik Bech stepped down as director
  • Poul Erik Bech stepped down as board member
  • Michael Bech stepped down as chair of the board
20152 changesownership 2
  • Setifas ApS registered as owner (100%)
  • HANDELS- OG INDUSTRIAKTIESELSKABETAF 24. OKTOBER 1980 is no longer registered as owner
20143 changescapital 2 · ownership 1
  • Share capital changed from 1,000,000 DKK to 1,250,000 DKK
  • HANDELS- OG INDUSTRIAKTIESELSKABETAF 24. OKTOBER 1980 registered as owner (100%)
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
20137 changesmanagement 7
  • Poul Erik Bech appointed board member
  • Poul Erik Bech appointed director
  • Michael Bech appointed chair of the board
  • Kenneth Nielsen appointed deputy chair
  • Jørgen Jørgensen stepped down as board member
  • Tove Kleis stepped down as board member
  • Tove Kleis stepped down as director
20121 changeaddress 1
  • Moved to Kobbervej 8, 2730 Herlev
20111 changeaddress 1
  • Moved to Rosenvangs Allé 145, 1, 8270 Højbjerg
20081 changeaddress 1
  • Moved to Fredens Torv 1B, 1, 8000 Aarhus C
20041 changeindustry 1
  • Industry changed to Udlejning af erhvervsejendomme (702040)
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19885 changesname 1 · management 4
  • Name changed from A/S ASM NR.13 to EJENDOMSAKTIESELSKABET VARDE
  • Jan Godballe Børjesson stepped down as board member
  • Hans-Jørn Østergaard Andersen stepped down as board member
  • Jan Godballe Børjesson stepped down as director
  • Carsten Fode stepped down as board member
19878 changesfounded 1 · management 7
  • Registered as A/S ASM NR.13
  • Jan Godballe Børjesson appointed board member
  • Jørgen Jørgensen appointed board member
  • Hans-Jørn Østergaard Andersen appointed board member
  • Jan Godballe Børjesson appointed director
  • Tove Kleis appointed board member
  • Tove Kleis appointed director
  • Carsten Fode appointed board member

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Same people in management

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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.

View in CVRReport a correction