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Hwb Holding A/S

Public limited companyCVR 20212705HellerupActive

Hwb Holding A/S is a public limited company, based in Hellerup, active in renting of commercial property, founded in 1997. The company went from a profit in 2024 to a loss of DKK 11.7m in 2025. With 3 employees, the company is about 3 times larger than the industry median. Equity fell to DKK 11.5m in 2025.

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Key figures · financial year 2025

Gross profitDKK 326k−46.8% vs. 2024
Net profit−DKK 11.7m−12,586.5% vs. 2024
EquityDKK 11.5m−38.5% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 47% (2024 → 2025), to DKK 326k.
  • Net profit went from a profit of DKK 94,047 to a loss of DKK 11.7m (2024 → 2025).
  • Equity fell 39% (2024 → 2025), to DKK 11.5m.

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 15m−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Hwb Holding A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit701744749696613326−46.8%
Operating profit (EBIT)44132732530419−39−303.8%
Profit before tax2871,661865636163−11,720−7,272.8%
Net profit3801,19778639494−11,743−12,586.5%
Total assets32,63535,87136,87838,18334,76727,640−20.5%
Equity17,99418,99119,27719,17118,76511,538−38.5%
Liabilities14,62616,66117,45118,72915,65715,707+0.3%
Cash and cash equivalents49871956123+2,155.2%
Average number of employees0111110%

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 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4mDKK 1.6m202020212022202320242025
Gross profitMedian, the industry (1,780 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 39% from 2024 to 2025 (DKK 18.8m to DKK 11.5m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 Hwb Holding A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202501/01/2026The companyPDF not statedXBRL
202401/07/2023 – 30/06/202427/12/2024The companyPDF not statedXBRL
202301/07/2022 – 30/06/202329/12/2023The companyPDF not statedXBRL
202201/07/2021 – 30/06/202229/12/2022The companyPDF not statedXBRL
202101/07/2020 – 30/06/202110/12/2021The companyPDF not statedXBRL
202001/07/2019 – 30/06/202006/12/2020The 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
011223302/2006/2007/2008/2009/2010/2011/2012/2001/2102/2103/2104/2105/2106/2107/2109/2110/2111/2112/2112/2201/2303/2304/2305/2306/2307/2309/2310/2311/2312/2301/2402/2403/2412/2412/25
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 326kNo. 1433 of 1,763
Better than 19% of the companies in the industry
EquityDKK 11.5mNo. 966 of 1,780
Better than 46% of the companies in the industry
Number of employees3No. 827 of 1,780
Better than 54% 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. 57,306of 69,742
Better than 18%
No. 8,250of 69,964
Better than 88%
Same industry and fewer than 20 employees1,723 companies in the comparison
No. 1,384of 1,711
Better than 19%
No. 925of 1,723
Better than 46%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 21,418of 24,791
Better than 14%
No. 6,164of 24,909
Better than 75%
All companies of type A/S18,025 companies in the comparison
No. 16,257of 17,786
Better than 9%
No. 8,169of 18,024
Better than 55%

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. Hwb Holding A/SDKK 326k
  2. Jeudan A/SDKK 1.3bn
  3. Euro Steel 1988 ApSDKK 719.3m
Net profit
  1. Hwb Holding A/S−DKK 11.7m
  2. Jeudan A/SDKK 1bn
  3. Euro Steel 1988 ApSDKK 180.9m
Equity
  1. Hwb Holding A/SDKK 11.5m
  2. Jeudan A/SDKK 13.1bn
  3. Euro Steel 1988 ApSDKK 1.8bn
Employees
  1. Hwb Holding A/S3
  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
  • Fritz Ulrich Bethien100%
Hwb Holding A/S

Management

4 active registrations

Executive management

Executive management at Hwb Holding A/S
NameRoleAppointed
Fritz Ulrich BethienDirector02/05/1997

Board of directors

Board of directors at Hwb Holding A/S
NameRoleAppointed
Elisabeth Emmiche BethienBoard member24/11/2009
Fritz Ulrich BethienBoard member24/11/2009
Alexandra Bethien BysandBoard member24/11/2009
Auditor
Luni Revision I/S
Founders
Erik Ginnerup-Nielsen, Fritz Ulrich Bethien
Former management (5)
Former management at Hwb Holding A/S
NameRoleAppointedResigned
Erik Ginnerup-NielsenBoard member02/05/199726/02/2008
Verner Sandager ChristensenBoard member02/05/199727/08/2001
Kim Bagge MikkelsenBoard member18/09/200124/11/2009
Mogens AndersenBoard member18/09/200624/11/2009
Per HøjmarkBoard member26/02/200824/11/2009

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af 1 direktør.

Address and production units

1 active production units

Esthersvej 1
2900 Hellerup

København Municipality · Postcode 2900

Production units
Production unitAddressEmployeesP number
HWB HOLDING A/SEsthersvej 1, 5, 2900 Hellerup31004220574

Purpose

Selskabets formål er investering og hertil knyttet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20222 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Esthersvej 1, 5, 2900 Hellerup
20214 changesaccounts 1 · address 3
  • Annual report for 2021 published
  • Moved to Bernhard Bangs Alle 55, st. th, 2000 Frederiksberg
  • Moved to Bernhard Bangs Alle 55, st. th, 2000 Frederiksberg
  • Moved to Peter Bangs Vej 55, st. 1, 2000 Frederiksberg
20201 changeaccounts 1
  • Annual report for 2020 published
20171 changeindustry 1
  • Industry changed to Renting of commercial property (682040)
20111 changeindustry 1
  • Industry changed to Renting and leasing of office machinery, equipment and computers (773300)
20097 changesmanagement 6 · address 1
  • Elisabeth Emmiche Bethien appointed board member
  • Alexandra Bethien Bysand appointed board member
  • Fritz Ulrich Bethien appointed board member
  • Per Højmark stepped down as board member
  • Mogens Andersen stepped down as board member
  • Kim Bagge Mikkelsen stepped down as board member
  • Moved to Rosavej 20, 2930 Klampenborg
20082 changesmanagement 2
  • Per Højmark appointed board member
  • Erik Ginnerup-Nielsen stepped down as board member
20061 changemanagement 1
  • Mogens Andersen appointed board member
20014 changesmanagement 2 · address 1 · industry 1
  • Kim Bagge Mikkelsen appointed board member
  • Verner Sandager Christensen stepped down as board member
  • Moved to Baldersbuen 29C, Baldersbr, 2640 Hedehusene
  • Industry changed to Udlejning af erhvervsejendomme (702040)
19975 changesfounded 1 · management 3 · ownership 1
  • Registered as HWB HOLDING A/S
  • Erik Ginnerup-Nielsen appointed board member
  • Fritz Ulrich Bethien appointed director
  • Verner Sandager Christensen appointed board member
  • Fritz Ulrich Bethien registered as owner (100%)

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction