Incomas Holding ApS
Private limited companyCVR 38381083Aarhus NActive
Incomas Holding ApS is a private limited company, based in Aarhus N, active in non-financial holding companies, founded in 2017. Net profit fell 84% from 2024 to 2025, ending at DKK 15.6m. With 4 employees, the company is about 4 times larger than the industry median. Gross profit is higher than that of 93% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 41% (2024 → 2025), to DKK 67.3m.
- Revenue rose 36% (2024 → 2025), to DKK 207.3m.
- Net profit fell 84% (2024 → 2025), to DKK 15.6m.
- Equity fell 3% (2024 → 2025), to DKK 887.6m.
Employees
- 3 more employees than a year earlier: 4 (07/2026) against 1 (07/2025).
Management and owners, last 24 months
- New in management: Jeppe Bülow Højgaard (board member, 28/10/2024), Jesper Severin Johanson (chair of the board, 28/10/2024) and Christian Bach (ceo, 28/10/2024).
- Stepped down: Jesper Severin Johanson (director, 28/10/2024), Jesper Severin Johanson (board member, 27/10/2024) and Christian Bach (director, 27/10/2024) (+1).
Registrations, last 24 months
- 16/04/2026: Share capital changed from 6,962,318 DKK to 6,970,832 DKK
- 27/01/2026: Share capital changed from 6,949,755 DKK to 6,962,318 DKK
- 03/03/2025: Share capital changed from 6,932,310 DKK to 6,949,755 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 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 2,116,865 | 13,513,813 | not stated | not stated | 152,264 | 207,308 | +36.2% |
| Gross profit | 45,590 | 173,400 | 1,607,124 | 179,154 | 114,111 | 67,250 | −41.1% |
| Operating profit (EBIT) | 33,945 | 142,698 | 1,388,529 | 140,148 | 63,938 | 4,923 | −92.3% |
| Profit before tax | 33,509 | 140,858 | 1,383,136 | 167,224 | 123,220 | 20,376 | −83.5% |
| Net profit | 26,548 | 109,329 | 1,074,662 | 127,946 | 98,911 | 15,642 | −84.2% |
| Total assets | 87,419 | 269,855 | 1,460,608 | 1,102,449 | 1,051,829 | 1,115,007 | +6% |
| Equity | 45,165 | 123,238 | 896,357 | 986,879 | 913,596 | 887,552 | −2.9% |
| Liabilities | 42,254 | 146,617 | 564,251 | 115,570 | 138,233 | 227,455 | +64.5% |
| Cash and cash equivalents | 34,990 | 88,654 | 758,514 | 457,774 | 404,277 | 360,226 | −10.9% |
| Average number of employees | 64 | 90 | – | – | – | – | – |
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 2022, 2023: 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 figuresProfit 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 | 01/01/2025 – 31/12/2025 | 17/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 11/06/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 14/06/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 11/07/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 04/04/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 22/02/2021 | 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
2,138 companies in the databaseComparison with the other companies in non-financial holding companies based on the latest financial year.
Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 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. 418of 69,742 Better than 99% | No. 255of 69,964 Better than 100% |
| Same industry and fewer than 20 employees2,092 companies in the comparison | No. 123of 2,048 Better than 94% | No. 84of 2,092 Better than 96% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 501of 33,588 Better than 99% | No. 107of 33,687 Better than 100% |
| All companies of type ApS66,508 companies in the comparison | No. 491of 66,379 Better than 99% | No. 121of 66,505 Better than 100% |
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- Incomas Holding ApSDKK 67.3m
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Incomas Holding ApSDKK 15.6m
- Heartland A/SDKK 4.9bn
- Andel A.M.B.A.−DKK 2.9bn
- Incomas Holding ApSDKK 887.6m
- Heartland A/SDKK 39.2bn
- Andel A.M.B.A.DKK 29.5bn
- Incomas Holding ApS4
- Heartland A/S34
- 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- Aggerholm ApS5%
- Jho Green Energy ApS20%
- Johanson Capital ApS20%
- CB investment Holding ApS20%
- Egalt Invest ApS10%
- ELQ Investors III Ltd5%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Christian Bach | CEO | 28/10/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Christian Bach | Board member | 15/03/2017 |
| Emil Kildegaard Gerhardt | Board member | 15/03/2017 |
| Jeppe Bülow Højgaard | Board member | 28/10/2024 |
| Jesper Severin Johanson | Chair of the board | 28/10/2024 |
- Founders
- Jho Green Energy ApS, Egalt Invest ApS
Former management (13)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jeppe Bülow Højgaard | Director | 01/02/2017 | 23/06/2020 |
| Jeppe Bülow Højgaard | Board member | 01/02/2017 | 12/06/2017 |
| Emil Kildegaard Gerhardt | Chair of the board | 01/02/2017 | 14/03/2017 |
| Annett Bülow Højgaard | Board member | 01/02/2017 | 15/03/2017 |
| Jack Veilgaard Hjeronymus | Board member | 15/03/2017 | 19/08/2021 |
| Bo Wase | Chair of the board | 15/03/2017 | 31/12/2022 |
| Christian Bach | Director | 15/03/2017 | 23/06/2020 |
| Emil Kildegaard Gerhardt | Director | 15/03/2017 | 12/06/2017 |
| Jesper Severin Johanson | Director | 12/06/2017 | 28/10/2024 |
| Jesper Severin Johanson | Board member | 12/06/2017 | 27/10/2024 |
| Jeppe Bülow Højgaard | Board member | 23/06/2020 | 31/12/2022 |
| Christian Bach | Director | 21/01/2022 | 27/10/2024 |
| Jeppe Bülow Højgaard | Chair of the board | 01/01/2023 | 27/10/2024 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse i forening.
Address and production units
1 active production unitsTangen 6
8200 Aarhus N
Aarhus Municipality · Postcode 8200
Other companies at the address (7)
- In Commodities A/SOther trade in electricity
- Elbek & Vejrup A/SComputer programming activities
- Unifeeder A/SSea and coastal freight water transport
- In Commodities Asset Management A/SOther trade in electricity
- E&v Ejendom ApSRenting of commercial property
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Incomas Holding ApS | Tangen 6, 8200 Aarhus N | 4 | 1022147818 |
Purpose
Selskabets formål er at eje kapitalandele i et eller flere kapitalselskaber og anden investeringsvirksomhed i øvrigt samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
85 registered events20263 changesaccounts 1 · capital 2
- AccountsAnnual report for 2025 published
- CapitalShare capital changed from 6,962,318 DKK to 6,970,832 DKK
- CapitalShare capital changed from 6,949,755 DKK to 6,962,318 DKK
20252 changesaccounts 1 · capital 1
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 6,932,310 DKK to 6,949,755 DKK
202410 changesmanagement 7 · accounts 1 · address 1 · capital 1
- ManagementChristian Bach appointed ceo
- ManagementJesper Severin Johanson appointed chair of the board
- ManagementJeppe Bülow Højgaard appointed board member
- ManagementJesper Severin Johanson stepped down as director
- ManagementJeppe Bülow Højgaard stepped down as chair of the board
- ManagementChristian Bach stepped down as director
- ManagementJesper Severin Johanson stepped down as board member
- AccountsAnnual report for 2023 published
- AddressMoved to Tangen 6, 8200 Aarhus N
- CapitalShare capital changed from 6,924,590 DKK to 6,932,310 DKK
20233 changesaccounts 1 · capital 1 · management 1
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 6,835,103 DKK to 6,924,590 DKK
- ManagementJeppe Bülow Højgaard appointed chair of the board
20225 changesmanagement 3 · capital 1 · accounts 1
- ManagementJeppe Bülow Højgaard stepped down as board member
- ManagementBo Wase stepped down as chair of the board
- CapitalShare capital changed from 6,760,737 DKK to 6,835,103 DKK
- AccountsAnnual report for 2021 published
- ManagementChristian Bach appointed director
202113 changesmanagement 1 · ownership 11 · accounts 1
- ManagementJack Veilgaard Hjeronymus stepped down as board member
- OwnershipAggerholm ApS registered as owner (5%)
- OwnershipELQ Investors III Ltd registered as owner (5%)
- OwnershipEgalt Invest ApS registered as owner (10%)
- OwnershipCB investment Holding ApS registered as owner (20%)
- OwnershipJOHANSON CAPITAL ApS registered as owner (20%)
- OwnershipJHO GREEN ENERGY ApS registered as owner (20%)
- OwnershipJOHANSON CAPITAL ApS is no longer registered as owner
- OwnershipEgalt Invest ApS is no longer registered as owner
- OwnershipCB investment Holding ApS is no longer registered as owner
- OwnershipJHO GREEN ENERGY ApS is no longer registered as owner
- OwnershipAggerholm ApS is no longer registered as owner
- AccountsAnnual report for 2020 published
20203 changesmanagement 3
- ManagementJeppe Bülow Højgaard appointed board member
- ManagementChristian Bach stepped down as director
- ManagementJeppe Bülow Højgaard stepped down as director
20199 changesaddress 1 · ownership 8
- AddressMoved to Tangen 6, 8200 Aarhus N
- OwnershipJOHANSON CAPITAL ApS registered as owner (20%)
- OwnershipEgalt Invest ApS registered as owner (10%)
- OwnershipCB investment Holding ApS registered as owner (20%)
- OwnershipJHO GREEN ENERGY ApS registered as owner (20%)
- OwnershipEgalt Invest ApS is no longer registered as owner
- OwnershipCB investment Holding ApS is no longer registered as owner
- OwnershipJOHANSON CAPITAL ApS is no longer registered as owner
- OwnershipJHO GREEN ENERGY ApS is no longer registered as owner
201737 changescapital 3 · ownership 17 · management 16 · founded 1
- CapitalShare capital changed from 6,382,980 DKK to 6,760,737 DKK
- OwnershipAggerholm ApS registered as owner (5%)
- ManagementJesper Severin Johanson appointed board member
- ManagementJesper Severin Johanson appointed director
- ManagementEmil Kildegaard Gerhardt stepped down as director
- ManagementJeppe Bülow Højgaard stepped down as board member
- OwnershipEgalt Invest ApS registered as owner (10%)
- OwnershipCB investment Holding ApS registered as owner (25%)
- OwnershipJOHANSON CAPITAL ApS registered as owner (25%)
- OwnershipJHO GREEN ENERGY ApS registered as owner (25%)
- OwnershipEgalt Invest ApS is no longer registered as owner
- OwnershipCB investment Holding ApS is no longer registered as owner
- OwnershipJHO GREEN ENERGY ApS is no longer registered as owner
- CapitalShare capital changed from 6,000,000 DKK to 6,382,980 DKK
- ManagementEmil Kildegaard Gerhardt appointed director
- ManagementBo Wase appointed chair of the board
- ManagementJack Veilgaard Hjeronymus appointed board member
- ManagementChristian Bach appointed board member
- ManagementEmil Kildegaard Gerhardt appointed board member
- ManagementChristian Bach appointed director
- ManagementAnnett Bülow Højgaard stepped down as board member
- OwnershipEgalt Invest ApS registered as owner (15%)
- ManagementEmil Kildegaard Gerhardt stepped down as chair of the board
- OwnershipEgalt Invest ApS is no longer registered as owner
- CapitalShare capital changed from 50,000 DKK to 6,000,000 DKK
- OwnershipCB investment Holding ApS registered as owner (33.33%)
- OwnershipEgalt Invest ApS registered as owner (20%)
- OwnershipJHO GREEN ENERGY ApS registered as owner (33.33%)
- OwnershipEgalt Invest ApS is no longer registered as owner
- OwnershipJHO GREEN ENERGY ApS is no longer registered as owner
- FoundedRegistered as Incomas Holding ApS
- ManagementJeppe Bülow Højgaard appointed director
- ManagementEmil Kildegaard Gerhardt appointed chair of the board
- ManagementJeppe Bülow Højgaard appointed board member
- ManagementAnnett Bülow Højgaard appointed board member
- OwnershipEgalt Invest ApS registered as owner (15%)
- OwnershipJHO GREEN ENERGY ApS registered as owner (66.67%)
Related companies
Same industry in Aarhus
- NRGI A.m.b.a.105 employees
- Plantas Group A/S48 employees
- Heartland A/S34 employees
- Svane Køkkenet Midtjylland A/S31 employees
- B-a-r ApS18 employees
- CVF-Holding ApS14 employees
Same people in management
- In Commodities A/Svia Annett Bülow Højgaard
- In Commodities Asset Management A/Svia Christian Bach
- Candeno A/Svia Bo Wase
- Reel ApSvia Bo Wase
- Restaurant-ét ApSvia Emil Kildegaard Gerhardt
- Dripdrop ApSvia Bo Wase
Largest in the industry
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Norlys a.m.b.a.DKK 5.3bn
- Lauritzen Fonden Holding ApSDKK 4.1bn
- Per Aarsleff Holding A/SDKK 2.8bn
- C.W. Obel Holding P/SDKK 2.2bn
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.