Gsa Ejendomme A/S
Public limited companyCVR 29214425LyngeActive
Gsa Ejendomme A/S is a public limited company, based in Lynge, active in buying and selling of own real estate, founded in 2005. Net profit rose 232% from 2024 to 2025, ending at DKK 175.4m. Profit has grown three years in a row. Equity grew to DKK 562.9m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 101% (2024 → 2025), to −DKK 305k.
- Net profit rose 232% (2024 → 2025), to DKK 175.4m.
- Equity rose 43% (2024 → 2025), to DKK 562.9m.
Employees
- 2 fewer employees than a year earlier: 2 (08/2026) against 4 (08/2025).
Management and owners, last 24 months
- Stepped down: Tom Lotz (director, 01/10/2025) and Jørgen Hjere Nonnemann (director, 01/10/2025).
- New owners registered: Gsa Invest ApS (14/01/2026).
- No longer registered as owner: Gsa Invest ApS (13/01/2026), Tom Lotz (14/01/2026) and Jørgen Hjere Nonnemann (14/01/2026).
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 | 9,067 | 13,803 | 22,892 | 40,516 | 48,315 | −305 | −100.6% |
| Operating profit (EBIT) | 32,635 | 26,441 | 220,285 | 58,544 | 88,127 | −11,934 | −113.5% |
| Profit before tax | 31,800 | 21,626 | 214,239 | 43,937 | 67,586 | 172,397 | +155.1% |
| Net profit | 25,207 | 16,819 | 170,058 | 34,177 | 52,859 | 175,363 | +231.8% |
| Total assets | 881,702 | 855,185 | 1,260,682 | 1,311,019 | 1,222,036 | 830,083 | −32.1% |
| Equity | 262,903 | 236,133 | 429,348 | 460,314 | 393,894 | 562,871 | +42.9% |
| Liabilities | 588,706 | 598,928 | 758,196 | 767,897 | 747,553 | 258,158 | −65.5% |
| Cash and cash equivalents | 23,396 | 5,305 | 8,525 | 21,396 | 13,263 | 377 | −97.2% |
| Average number of employees | 19 | 17 | 20 | 26 | 27 | 4 | −85.2% |
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 figuresFewer employees
The number of employees fell 85% from 27 in 2024 to 4 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.
Profit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five 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 | 01/10/2024 – 30/09/2025 | 24/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 25/03/2025 | The group | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 08/03/2024 | The group | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 28/03/2023 | The group | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 28/02/2022 | The group | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 17/02/2021 | The group | 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
476 companies in the databaseComparison with the other companies in buying and selling of own real estate based on the latest financial year.
Industry median: gross profit DKK 911k, net profit DKK 234k, equity DKK 6.1m, 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. 67,457of 69,742 Better than 3% | No. 388of 69,964 Better than 99% |
| Same industry and fewer than 20 employees455 companies in the comparison | No. 410of 450 Better than 9% | No. 8of 455 Better than 98% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 24,082of 24,791 Better than 3% | No. 346of 24,909 Better than 99% |
| All companies of type A/S18,025 companies in the comparison | No. 17,095of 17,786 Better than 4% | No. 641of 18,024 Better than 96% |
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
Buying and selling of own real estate- Gsa Ejendomme A/S−DKK 305k
- Udviklingsselskabet Carlsberg Byen P/SDKK 538.8m
- Ejendomsselskabet Olav de Linde A/SDKK 438.7m
- Gsa Ejendomme A/SDKK 175.4m
- Udviklingsselskabet Carlsberg Byen P/SDKK 452.4m
- Ejendomsselskabet Olav de Linde A/SDKK 51.7m
- Gsa Ejendomme A/SDKK 562.9m
- Udviklingsselskabet Carlsberg Byen P/SDKK 3bn
- Ejendomsselskabet Olav de Linde A/SDKK 5.2bn
- Gsa Ejendomme A/S2
- Udviklingsselskabet Carlsberg Byen P/S13
- Ejendomsselskabet Olav de Linde A/S128
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterSubsidiaries are shown only if they are in the database.
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kim Nickolas Falke Karlsen | Director | 01/10/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Anders Steen Westermann | Board member | 21/12/2005 |
| Jan Tøpholm | Board member | 21/12/2005 |
| Casper Moltke-Leth | Chair of the board | 01/05/2011 |
| Lars Nørgaard | Board member | 30/09/2015 |
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Anders Steen Westermann | Director | 21/12/2005 | 01/05/2011 |
| Tom Lotz | Director | 01/05/2011 | 01/10/2025 |
| Jørgen Hjere Nonnemann | Director | 01/05/2011 | 01/10/2025 |
Signing rule: Selskabet tegnes af et bestyrelsesmedlem eller af en direktør i forening med et bestyrelsesmedlem.
Address and production units
1 active production unitsNymøllevej 6
3540 Lynge
Allerød Municipality · Postcode 3540
Other companies at the address (8)
- WS Audiology A/SManufacture of hearing aids and parts thereof
- Widex DK A/SWholesale of pharmaceutical goods and nursing supplies
- Wsa A/SManufacture of hearing aids and parts thereof
- Sivantos A/SWholesale of pharmaceutical goods and nursing supplies
- T&W Medical A/SActivities of non-financial head offices
| Production unit | Address | Employees | P number |
|---|---|---|---|
| GSA EJENDOMME A/S | Nymøllevej 6, 3540 Lynge | 2 | 1011916186 |
Purpose
Selskabets formål er at eje aktier og anparter i dattervirksomheder.
The purpose is quoted from the register in Danish.
Changes year by year
32 registered events20265 changesaccounts 1 · ownership 4
- AccountsAnnual report for 2025 published
- OwnershipGSA INVEST ApS registered as owner (100%)
- OwnershipTom Lotz is no longer registered as owner
- OwnershipJørgen Hjere Nonnemann is no longer registered as owner
- OwnershipGSA INVEST ApS is no longer registered as owner
20253 changesmanagement 2 · accounts 1
- ManagementTom Lotz stepped down as director
- ManagementJørgen Hjere Nonnemann stepped down as director
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaddress 1 · accounts 1
- AddressMoved to Nymøllevej 6, 3540 Lynge
- AccountsAnnual report for 2021 published
20212 changesmanagement 1 · accounts 1
- ManagementKim Nickolas Falke Karlsen appointed director
- AccountsAnnual report for 2020 published
20151 changemanagement 1
- ManagementLars Nørgaard appointed board member
20119 changescapital 1 · ownership 3 · industry 1 · management 4
- CapitalShare capital changed from 129,020,000 DKK to 2,000,000 DKK
- OwnershipTom Lotz registered as owner (5%)
- OwnershipJørgen Hjere Nonnemann registered as owner (5%)
- IndustryIndustry changed to Køb og salg af egen fast ejendom (681000)
- OwnershipGSA INVEST ApS registered as owner (90%)
- ManagementCasper Moltke-Leth appointed chair of the board
- ManagementTom Lotz appointed director
- ManagementJørgen Hjere Nonnemann appointed director
- ManagementAnders Steen Westermann stepped down as director
20101 changeaddress 1
- AddressMoved to Nymøllevej 6, 3540 Lynge
20091 changecapital 1
- CapitalShare capital changed from 1,020,000 DKK to 129,020,000 DKK
20081 changeindustry 1
- IndustryIndustry changed to Ikke-finansielle holdingselskaber (642020)
20071 changeaddress 1
- AddressMoved to Ny Vestergårdsvej 25, 3500 Værløse
20054 changesfounded 1 · management 3
- FoundedRegistered as GSA EJENDOMME A/S
- ManagementJan Tøpholm appointed board member
- ManagementAnders Steen Westermann appointed board member
- ManagementAnders Steen Westermann appointed director
Related companies
Same people in management
- WS Audiology A/Svia Anders Steen Westermann
- Weibel Scientific A/Svia Jan Tøpholm
- Neye A/Svia Casper Moltke-Leth
- Christensen Kjærulff Statsautoriseret Revisionsaktieselskabvia Lars Nørgaard
- Bird & Bird Advokatpartnerselskabvia Casper Moltke-Leth
- Copenhagen Global A/Svia Casper Moltke-Leth
Largest in the industry
- Udviklingsselskabet Carlsberg Byen P/SDKK 538.8m
- Ejendomsselskabet Olav de Linde A/SDKK 438.7m
- P/S PKAE EjendomDKK 383.3m
- VISION Estate A/SDKK 301.8m
- Statens Ejendomssalg A/SDKK 232.6m
- Sydporten P/SDKK 188.3m
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.