Embankment Group A/S

Public limited companyCVR 43386212København KActive

Embankment Group A/S is a public limited company, based in København K, active in non-financial holding companies, founded in 2022. The company made a loss in both 2024 and 2025, most recently DKK 30m. With 29 employees, the company is about 29 times larger than the industry median. Equity grew to DKK 95.2m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 7.6m−106.3% vs. 2024
Net profit−DKK 30m−179% vs. 2024
EquityDKK 95.2m+251.8% vs. 2024
Employees29latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss grew: from DKK 10.7m to DKK 30m (2024 → 2025).
  • Equity rose 252% (2024 → 2025), to DKK 95.2m.

Employees

  • 11 more employees than a year earlier: 29 (07/2026) against 18 (07/2025).

Management and owners, last 24 months

  • New in management: Kasper Grundtvig Knokgaard (board member, 27/01/2025), Anette Eberhard (chair of the board, 31/01/2025) and Peter Duffy (board member, 18/12/2025) (+3).
  • Stepped down: Mads Peter Pilkjær Harmsen (board member, 27/01/2025), Martin Grønvald Raun (chair of the board, 27/01/2025) and Anders Thorhauge Sandholm (board member, 18/12/2025) (+1).
  • New owners registered: Seed Capital Denmark IV K/S (18/12/2025), Embankment FounderCorp ApS (18/12/2025) and Danmarks Eksport- og Investeringsfond (18/12/2025) (+2).
  • No longer registered as owner: Seed Capital Denmark IV K/S (17/12/2025), Embankment FounderCorp ApS (17/12/2025) and Danmarks Eksport- og Investeringsfond (17/12/2025).

Registrations, last 24 months

  • 18/12/2025: Share capital changed from 811,817 DKK to 1,088,691 DKK
  • 10/06/2025: Moved to Christian IX's Gade 10, 1, 1111 København K
  • 18/05/2025: Moved to Christian IX's Gade 10, st. 1, 1111 København K
  • 27/01/2025: Share capital changed from 791,488 DKK to 811,817 DKK

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 2023–2025 · amounts in DKK thousand

Equity and net profit

−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202320242025
EquityNet profit
Financial figures for Embankment Group A/S
202320242025Change
Revenuenot statednot statednot stated–
Gross profit−1,676−3,696−7,623−106.3%
Operating profit (EBIT)−3,703−9,740−22,344−129.4%
Profit before tax−5,299−10,737−30,199−181.3%
Net profit−5,299−10,737−29,960−179%
Total assets6,94630,43898,183+222.6%
Equity92627,06695,204+251.8%
Liabilities6,0213,3722,979−11.7%
Cash and cash equivalents5,07624,63476,202+209.3%
Average number of employees81015+50%

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 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 8m−DKK 7m−DKK 6m−DKK 5m−DKK 4m−DKK 3m−DKK 2m−DKK 1mDKK 0202320242025
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    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

3 financial years
Annual reports for Embankment Group A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202419/04/2025The companyPDFXBRL
202311/07/2022 – 31/12/202302/07/2024The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profit−DKK 7.6mNo. 2078 of 2,093
Better than 1% of the companies in the industry
EquityDKK 95.2mNo. 603 of 2,138
Better than 72% of the companies in the industry
Number of employees29No. 202 of 2,138
Better than 91% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bn
Distribution of gross profit for 820 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 20–49 employees9,922 companies in the comparison
No. 9,829of 9,892
Better than 1%
No. 369of 9,922
Better than 96%
Same industry and 20–49 employees32 companies in the comparison
No. 29of 31
Better than 7%
No. 17of 32
Better than 48%
Companies that are founded within the last five years16,662 companies in the comparison
No. 16,566of 16,614
Better than 0%
No. 219of 16,661
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 17,673of 17,786
Better than 1%
No. 2,352of 18,024
Better than 87%

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

Non-financial holding companies
Gross profit
  1. Embankment Group A/S−DKK 7.6m
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Embankment Group A/S−DKK 30m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Embankment Group A/SDKK 95.2m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Embankment Group A/S29
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
  • Seed Capital Denmark IV K/S15%
  • Embankment FounderCorp ApS33.33%
  • Danmarks Eksport- og Investeringsfond5%
  • BlackFin Tech II10%
  • Smedvig Ventures 2 LP10%
Embankment Group A/S

Subsidiaries are shown only if they are in the database.

Management

7 active registrations

Executive management

Executive management at Embankment Group A/S
NameRoleAppointed
David Svante HansenCEO11/07/2022

Board of directors

Board of directors at Embankment Group A/S
NameRoleAppointed
Rune MaiBoard member30/06/2024
Lars AndersenBoard member15/10/2024
Kasper Grundtvig KnokgaardBoard member27/01/2025
Anette EberhardChair of the board31/01/2025
Peter DuffyBoard member18/12/2025
Michele ForadoriBoard member18/12/2025
Founders
Embankment FounderCorp ApS
Former management (5)
Former management at Embankment Group A/S
NameRoleAppointedResigned
Mads Peter Pilkjær HarmsenBoard member11/07/202227/01/2025
David Svante HansenBoard member11/07/202230/06/2024
Martin Grønvald RaunChair of the board11/07/202227/01/2025
Anders Thorhauge SandholmBoard member27/01/202518/12/2025
Anette EberhardBoard member27/01/202530/01/2025

Signing rule: Selskabet tegnes af den samlede bestyrelse i forening eller af en direktør i forening med formanden for bestyrelsen.

Address and production units

1 active production units

Christian IX's Gade 10
1111 København K

København Municipality · Postcode 1111

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
Embankment Group A/SChristian IX's Gade 10, 1, 1111 København K341028406661

Purpose

Selskabets formål er at eje kapitalandele i andre selskaber og dermed forbundne aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202523 changescapital 2 · management 10 · ownership 8 · address 2 · accounts 1
  • Share capital changed from 811,817 DKK to 1,088,691 DKK
  • Michele Foradori appointed board member
  • Peter Duffy appointed board member
  • Anders Thorhauge Sandholm stepped down as board member
  • Smedvig Ventures 2 LP registered as owner (10%)
  • Seed Capital Denmark IV K/S registered as owner (15%)
  • Embankment FounderCorp ApS registered as owner (33.33%)
  • Danmarks Eksport- og Investeringsfond registered as owner (5%)
  • BlackFin Tech II registered as owner (10%)
  • Seed Capital Denmark IV K/S is no longer registered as owner
  • Embankment FounderCorp ApS is no longer registered as owner
  • Danmarks Eksport- og Investeringsfond is no longer registered as owner
  • Moved to Christian IX's Gade 10, 1, 1111 København K
  • Moved to Christian IX's Gade 10, st. 1, 1111 København K
  • Annual report for 2024 published
  • Anette Eberhard appointed chair of the board
  • Anette Eberhard stepped down as board member
  • Share capital changed from 791,488 DKK to 811,817 DKK
  • Anders Thorhauge Sandholm appointed board member
  • Anette Eberhard appointed board member
  • Kasper Grundtvig Knokgaard appointed board member
  • Mads Peter Pilkjær Harmsen stepped down as board member
  • Martin Grønvald Raun stepped down as chair of the board
20249 changescapital 1 · management 3 · ownership 4 · accounts 1
  • Share capital changed from 567,872 DKK to 791,488 DKK
  • Lars Andersen appointed board member
  • Seed Capital Denmark IV K/S registered as owner (20%)
  • Embankment FounderCorp ApS registered as owner (50%)
  • Danmarks Eksport- og Investeringsfond registered as owner (5%)
  • Embankment FounderCorp ApS is no longer registered as owner
  • Annual report for 2023 published
  • Rune Mai appointed board member
  • David Svante Hansen stepped down as board member
20231 changecapital 1
  • Share capital changed from 500,000 DKK to 567,872 DKK
20229 changescapital 1 · address 2 · founded 1 · management 4 · ownership 1
  • Share capital changed from 400,000 DKK to 500,000 DKK
  • Moved to Amagertorv 11, 4, 1160 København K
  • Moved to Amagertorv 11, 4, 1160 København K
  • Registered as Embankment Group A/S
  • Mads Peter Pilkjær Harmsen appointed board member
  • David Svante Hansen appointed ceo
  • Martin Grønvald Raun appointed chair of the board
  • David Svante Hansen appointed board member
  • Embankment FounderCorp ApS registered as owner (66.67%)

Related companies

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.

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