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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 9,358 | 7,876 | 7,436 | 7,516 | 6,402 | 5,568 | −13% |
| Operating profit (EBIT) | 400 | 2,999 | 2,320 | 2,166 | 798 | 821 | +2.9% |
| Profit before tax | −628 | 2,136 | 7,729 | 271 | −1,291 | −791 | +38.7% |
| Net profit | −439 | 1,541 | 5,861 | 42 | −1,188 | −799 | +32.8% |
| Total assets | 108,522 | 106,582 | 103,585 | 100,688 | 98,291 | 97,189 | −1.1% |
| Equity | 14,845 | 16,386 | 22,247 | 22,289 | 21,101 | 20,302 | −3.8% |
| Liabilities | 91,937 | 88,664 | 79,751 | 76,741 | 75,618 | 75,294 | −0.4% |
| Cash and cash equivalents | 8,667 | 7,505 | 3,460 | 1,494 | 533 | 603 | +13.1% |
| Average number of employees | 20 | 6 | 7 | 7 | 7 | 5 | −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
Signals from the financial statements
calculated from the 2025 figuresLoss 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 24/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 26/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 28/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 26/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 16/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 21/07/2021 | The company | 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
1,780 companies in the databaseComparison with the other companies in renting of commercial property based on the latest financial year.
Industry median: gross profit DKK 1.5m, net profit DKK 430k, equity DKK 13.7m, 1 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- Ejendomsaktieselskabet VardeDKK 5.6m
- Jeudan A/SDKK 1.3bn
- Euro Steel 1988 ApSDKK 719.3m
- Ejendomsaktieselskabet Varde−DKK 799k
- Jeudan A/SDKK 1bn
- Euro Steel 1988 ApSDKK 180.9m
- Ejendomsaktieselskabet VardeDKK 20.3m
- Jeudan A/SDKK 13.1bn
- Euro Steel 1988 ApSDKK 1.8bn
- Ejendomsaktieselskabet Varde6
- Jeudan A/S249
- 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- Handels- og industriaktieselskabet af 24. oktober 1980100%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Michael Bech | Director | 25/04/2016 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Kenneth Nielsen | Deputy chair | 04/06/2013 |
| Poul Erik Bech | Chair of the board | 25/04/2016 |
| Michael Bech | Board member | 25/04/2016 |
| Henrik Mortensen | Board member | 26/01/2018 |
- Founders
- Carsten Fode, Jan Godballe Børjesson, Chrico Towing & Storage Inc. ApS
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Carsten Fode | Board member | 02/11/1987 | 15/09/1988 |
| Hans-Jørn Østergaard Andersen | Board member | 02/11/1987 | 15/09/1988 |
| Jørgen Jørgensen | Board member | 02/11/1987 | 04/06/2013 |
| Jan Godballe Børjesson | Board member | 02/11/1987 | 15/09/1988 |
| Jan Godballe Børjesson | Director | 02/11/1987 | 15/09/1988 |
| Tove Kleis | Board member | 02/11/1987 | 04/06/2013 |
| Tove Kleis | Director | 02/11/1987 | 04/06/2013 |
| Poul Erik Bech | Board member | 04/06/2013 | 24/04/2016 |
| Poul Erik Bech | Director | 04/06/2013 | 25/04/2016 |
| Michael Bech | Chair of the board | 04/06/2013 | 24/04/2016 |
Signing rule: Selskabet tegnes af en direktør eller af bestyrelsesformanden eller af den samlede bestyrelse i forening.
Address and production units
4 active production unitsDybensgade 6
1071 København K
København Municipality · Postcode 1071
Other companies at the address (1)
- Ekadan A/SOther financial service activities n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Ejendomsaktieselskabet Varde | Fiskergade 2D, 6800 Varde | 5 | 1021101695 |
| EJENDOMSAKTIESELSKABET VARDE | Dybensgade 6, 1071 København K | 3 | 1000248532 |
| Renovera A/S | Enghavevej 4C, 6800 Varde | 3 | 1026709683 |
| Ejendomsaktieselskabet Varde | Bremerholm 29, 1069 København K | 1 | 1021101741 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20182 changesmerger 1 · management 1
- MergerMerger registered in CVR
- ManagementHenrik Mortensen appointed board member
20172 changesownership 2
- OwnershipHandels- og industriaktieselskabet af 24. oktober 1980 registered as owner (100%)
- OwnershipSetifas ApS is no longer registered as owner
20167 changesaddress 1 · management 6
- AddressMoved to Dybensgade 6, 1071 København K
- ManagementPoul Erik Bech appointed chair of the board
- ManagementMichael Bech appointed director
- ManagementMichael Bech appointed board member
- ManagementPoul Erik Bech stepped down as director
- ManagementPoul Erik Bech stepped down as board member
- ManagementMichael Bech stepped down as chair of the board
20152 changesownership 2
- OwnershipSetifas ApS registered as owner (100%)
- OwnershipHANDELS- OG INDUSTRIAKTIESELSKABETAF 24. OKTOBER 1980 is no longer registered as owner
20143 changescapital 2 · ownership 1
- CapitalShare capital changed from 1,000,000 DKK to 1,250,000 DKK
- OwnershipHANDELS- OG INDUSTRIAKTIESELSKABETAF 24. OKTOBER 1980 registered as owner (100%)
- CapitalShare capital changed from 500,000 DKK to 1,000,000 DKK
20137 changesmanagement 7
- ManagementPoul Erik Bech appointed board member
- ManagementPoul Erik Bech appointed director
- ManagementMichael Bech appointed chair of the board
- ManagementKenneth Nielsen appointed deputy chair
- ManagementJørgen Jørgensen stepped down as board member
- ManagementTove Kleis stepped down as board member
- ManagementTove Kleis stepped down as director
20121 changeaddress 1
- AddressMoved to Kobbervej 8, 2730 Herlev
20111 changeaddress 1
- AddressMoved to Rosenvangs Allé 145, 1, 8270 Højbjerg
20081 changeaddress 1
- AddressMoved to Fredens Torv 1B, 1, 8000 Aarhus C
20041 changeindustry 1
- IndustryIndustry changed to Udlejning af erhvervsejendomme (702040)
19961 changecapital 1
- CapitalShare capital changed from 300,000 DKK to 500,000 DKK
19885 changesname 1 · management 4
- NameName changed from A/S ASM NR.13 to EJENDOMSAKTIESELSKABET VARDE
- ManagementJan Godballe Børjesson stepped down as board member
- ManagementHans-Jørn Østergaard Andersen stepped down as board member
- ManagementJan Godballe Børjesson stepped down as director
- ManagementCarsten Fode stepped down as board member
19878 changesfounded 1 · management 7
- FoundedRegistered as A/S ASM NR.13
- ManagementJan Godballe Børjesson appointed board member
- ManagementJørgen Jørgensen appointed board member
- ManagementHans-Jørn Østergaard Andersen appointed board member
- ManagementJan Godballe Børjesson appointed director
- ManagementTove Kleis appointed board member
- ManagementTove Kleis appointed director
- ManagementCarsten Fode appointed board member
Related companies
Same industry in København
- Jeudan A/S249 employees
- ATP Ejendomme A/S138 employees
- M. Goldschmidt Ejendomme A/S54 employees
- Symbion A/S46 employees
- Obel Ejendomsinvest ApS34 employees
- Matrikel 1 ApS30 employees
Same people in management
- Per Aarsleff A/Svia Carsten Fode
- Nykredit Realkredit A/Svia Carsten Fode
- Wicotec Kirkebjerg A/Svia Carsten Fode
- General Logistics Systems Denmark A/Svia Carsten Fode
- DSB Service & Retail A/Svia Jan Godballe Børjesson
- Plantorama A/Svia Jan Godballe Børjesson
Largest in the industry
- Jeudan A/SDKK 1.3bn
- Euro Steel 1988 ApSDKK 719.3m
- Munck Gruppen A/SDKK 647.2m
- Vilomix Holding A/SDKK 592.6m
- Wihlborgs A/SDKK 441.4m
- Commercial Real Estate Denmark P/SDKK 282.3m
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.