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German High Street Properties A/S

Public limited companyCVR 30691644CharlottenlundActive

German High Street Properties A/S is a public limited company, based in Charlottenlund, active in non-financial holding companies, founded in 2007. The company made a loss in both 2024 and 2025, most recently DKK 5.9m.

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Key figures · financial year 2025

RevenueDKK 5m+5.9% vs. 2024
Net profit−DKK 5.9m−1,117% vs. 2024
EquityDKK 57.2m−9.4% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue rose 6% (2024 → 2025), to DKK 5m.
  • The loss grew: from DKK 487k to DKK 5.9m (2024 → 2025).
  • Equity fell 9% (2024 → 2025), to DKK 57.2m.

Management and owners, last 24 months

  • New in management: René Angenend (board member, 30/04/2025) and Martin Ernst (ceo, 31/12/2025).
  • Stepped down: Michael Hansen (ceo, 31/12/2025) and Jutta Steinert (board member, 30/04/2025).

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 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
EquityNet profit
Financial figures for German High Street Properties A/S
202020212022202320242025Change
Revenue5,9475,6684,6624,5354,6984,976+5.9%
Gross profit4,3784,3883,136––––
Operating profit (EBIT)−6,3914,886−3,134−3,5121,692−5,445−421.8%
Profit before tax−7,6194,184–−4,844−83−6,534−7,772.3%
Net profit−6,5513,448−2,424−3,501−487−5,927−1,117%
Total assets112,654115,498106,955102,12197,71894,292−3.5%
Equity60,21663,63461,21057,70963,10257,172−9.4%
Cash and cash equivalents4,0984,7767,7872,6483,5903,485−2.9%

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.

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

−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4m202020212022202320242025
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    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 German High Street Properties A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/05/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202330/04/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202201/05/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202129/04/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202003/05/2021The 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
011223309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

2,138 companies in the database

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

EquityDKK 57.2mNo. 809 of 2,138
Better than 62% of the companies in the industry
Number of employees2No. 435 of 2,138
Better than 80% 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).

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 comparisonnot stated
No. 2,789of 69,964
Better than 96%
Same industry and fewer than 20 employees2,092 companies in the comparisonnot stated
No. 784of 2,092
Better than 63%
Companies that are between 15 and 29 years old24,910 companies in the comparisonnot stated
No. 2,107of 24,909
Better than 92%
All companies of type A/S18,025 companies in the comparisonnot stated
No. 3,291of 18,024
Better than 82%

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. German High Street Properties A/SDKK 3.1m
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. German High Street Properties A/S−DKK 5.9m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. German High Street Properties A/SDKK 57.2m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. German High Street Properties A/S2
  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
German High Street Properties A/S

Management

4 active registrations

Executive management

Executive management at German High Street Properties A/S
NameRoleAppointed
Martin ErnstCEO31/12/2025

Board of directors

Board of directors at German High Street Properties A/S
NameRoleAppointed
Hans ThygesenChair of the board22/09/2017
Nikolaj Claude Oluf ZethreausBoard member30/11/2023
René AngenendBoard member30/04/2025
Auditor
Beierholm Godkendt Revisionspartnerselskab, Eskild Nørregaard Jakobsen
Founders
Rkb Holding ApS
Former management (23)
Former management at German High Street Properties A/S
NameRoleAppointedResigned
Hans ThygesenChair of the board25/06/200729/04/2010
Peter KureerBoard member25/06/200704/10/2007
Jørgen HauglundBoard member25/06/200713/08/2007
Jørgen HauglundCEO25/06/200723/04/2009
Steen Puch Holm-LarsenBoard member25/06/200729/04/2010
Mathias Mikkel JohansenBoard member13/08/200729/04/2010
Johannes RovsingCEO23/04/200929/04/2010
Michael HansenChair of the board29/04/201005/10/2015
Torben SchønDeputy chair29/04/201015/04/2011
Hans ThygesenCEO29/04/201005/10/2015
Kim Milt LautrupBoard member29/04/201011/09/2017
Peter Marner Aage JacobsenBoard member27/05/201111/09/2017
Walther ThygesenBoard member30/04/201511/09/2017
Michael HansenDirector05/10/201511/09/2017
Hans ThygesenChair of the board05/10/201511/09/2017
Michael HansenCEO22/09/201731/12/2025
Walther ThygesenBoard member22/09/201727/04/2023
Peter Marner Aage JacobsenBoard member22/09/201729/04/2019
Kim Milt LautrupBoard member22/09/201702/08/2019
Peter Marner Aage JacobsenDeputy chair30/04/201928/04/2023
Jutta SteinertBoard member02/08/201930/04/2020
Jutta SteinertBoard member29/04/202230/04/2025
Walther ThygesenDeputy chair28/04/202330/04/2024

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør eller af den samlede bestyrelse i forening.

Address and production units

1 active production units

Mosehøjvej 17
2920 Charlottenlund

Gentofte Municipality · Postcode 2920

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
GERMAN HIGH STREET PROPERTIES A/SMosehøjvej 17, 2920 Charlottenlund21013384084

Purpose

Selskabets formål er at drive ejendomsinvesteringsvirksomhed i Tyskland, Danmark, Sverige, Norge, Finland, Schweiz og England ved besiddelse, udvikling og udlejning af fast ejendom enten direkte eller indirekte gennem datterselskaber.

The purpose is quoted from the register in Danish.

Changes year by year

82 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20255 changesmanagement 4 · accounts 1
  • Martin Ernst appointed ceo
  • Michael Hansen stepped down as ceo
  • Annual report for 2024 published
  • René Angenend appointed board member
  • Jutta Steinert stepped down as board member
20243 changescapital 1 · management 1 · accounts 1
  • Share capital changed from 30,453,830 DKK to 36,544,590 DKK
  • Walther Thygesen stepped down as deputy chair
  • Annual report for 2023 published
20236 changescapital 1 · management 4 · accounts 1
  • Share capital changed from 31,453,830 DKK to 30,453,830 DKK
  • Nikolaj Claude Oluf Zethreaus appointed board member
  • Annual report for 2022 published
  • Walther Thygesen appointed deputy chair
  • Peter Marner Aage Jacobsen stepped down as deputy chair
  • Walther Thygesen stepped down as board member
20224 changesownership 2 · management 1 · accounts 1
  • OLAV W. HANSEN A/S registered as owner (15%)
  • OLAV W. HANSEN A/S is no longer registered as owner
  • Jutta Steinert appointed board member
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changemanagement 1
  • Jutta Steinert stepped down as board member
20194 changesmanagement 4
  • Jutta Steinert appointed board member
  • Kim Milt Lautrup stepped down as board member
  • Peter Marner Aage Jacobsen appointed deputy chair
  • Peter Marner Aage Jacobsen stepped down as board member
20183 changesownership 2 · address 1
  • KARTAGO ApS registered as owner (10%)
  • KARTAGO ApS is no longer registered as owner
  • Moved to Mosehøjvej 17, 2920 Charlottenlund
201717 changesstatus 2 · management 10 · ownership 5
  • Status changed to active
  • Walther Thygesen appointed board member
  • Hans Thygesen appointed chair of the board
  • Kim Milt Lautrup appointed board member
  • Peter Marner Aage Jacobsen appointed board member
  • Michael Hansen appointed ceo
  • Status changed to under compulsory dissolution
  • Michael Hansen stepped down as director
  • Hans Thygesen stepped down as chair of the board
  • Walther Thygesen stepped down as board member
  • Peter Marner Aage Jacobsen stepped down as board member
  • Kim Milt Lautrup stepped down as board member
  • OLAV W. HANSEN A/S registered as owner (10%)
  • OLAV W. HANSEN A/S is no longer registered as owner
  • KARTAGO ApS registered as owner (5%)
  • OLAV W. HANSEN A/S registered as owner (5%)
  • KARTAGO ApS is no longer registered as owner
201511 changesmanagement 5 · address 1 · capital 1 · ownership 4
  • Michael Hansen appointed director
  • Hans Thygesen appointed chair of the board
  • Michael Hansen stepped down as chair of the board
  • Hans Thygesen stepped down as ceo
  • Moved to Mosehøjvej 17, 2920 Charlottenlund
  • Share capital changed from 36,500,830 DKK to 31,453,830 DKK
  • Walther Thygesen appointed board member
  • OTK HOLDING A/S registered as owner (5%)
  • KARTAGO ApS registered as owner (10%)
  • Sparekassen Danmark registered as owner (15%)
  • KARTAGO PROPERTY ApS registered as owner (33.33%)
20121 changeaddress 1
  • Moved to Mosehøjvej 17, 2920 Charlottenlund
20112 changesmanagement 2
  • Peter Marner Aage Jacobsen appointed board member
  • Torben Schøn stepped down as deputy chair
201010 changesaddress 1 · name 1 · management 8
  • Moved to Mosehøjvej 17, 2920 Charlottenlund
  • Name changed from INVESTEA GERMAN HIGH STREET II A/S to GERMAN HIGH STREET PROPERTIES A/S
  • Michael Hansen appointed chair of the board
  • Kim Milt Lautrup appointed board member
  • Hans Thygesen appointed ceo
  • Torben Schøn appointed deputy chair
  • Johannes Rovsing stepped down as ceo
  • Mathias Mikkel Johansen stepped down as board member
  • Hans Thygesen stepped down as chair of the board
  • Steen Puch Holm-Larsen stepped down as board member
20092 changesmanagement 2
  • Johannes Rovsing appointed ceo
  • Jørgen Hauglund stepped down as ceo
20081 changeindustry 1
  • Industry changed to Ikke-finansielle holdingselskaber (642020)
200710 changesmanagement 8 · capital 1 · founded 1
  • Peter Kureer stepped down as board member
  • Share capital changed from 1,000,000 DKK to 36,500,830 DKK
  • Mathias Mikkel Johansen appointed board member
  • Jørgen Hauglund stepped down as board member
  • Registered as INVESTEA GERMAN HIGH STREET II A/S
  • Hans Thygesen appointed chair of the board
  • Steen Puch Holm-Larsen appointed board member
  • Jørgen Hauglund appointed ceo
  • Jørgen Hauglund appointed board member
  • Peter Kureer 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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