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.

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Key figures · financial year 2025

RevenueDKK 207.3m+36.2% vs. 2024
Net profitDKK 15.6m−84.2% vs. 2024
EquityDKK 887.6m−2.9% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 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 thousand

Equity and net profit

DKK 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bn202020212022202320242025
EquityNet profit
Financial figures for Incomas Holding ApS
202020212022202320242025Change
Revenue2,116,86513,513,813not statednot stated152,264207,308+36.2%
Gross profit45,590173,4001,607,124179,154114,11167,250−41.1%
Operating profit (EBIT)33,945142,6981,388,529140,14863,9384,923−92.3%
Profit before tax33,509140,8581,383,136167,224123,22020,376−83.5%
Net profit26,548109,3291,074,662127,94698,91115,642−84.2%
Total assets87,419269,8551,460,6081,102,4491,051,8291,115,007+6%
Equity45,165123,238896,357986,879913,596887,552−2.9%
Liabilities42,254146,617564,251115,570138,233227,455+64.5%
Cash and cash equivalents34,99088,654758,514457,774404,277360,226−10.9%
Average number of employees6490–––––

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

−DKK 200mDKK 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bnDKK 1.4bnDKK 1.6bn202020212022202320242025
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures
  • 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
Annual reports for Incomas Holding ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202517/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/06/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202314/06/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202211/07/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202104/04/2022The groupPDFXBRL
202001/01/2020 – 31/12/202022/02/2021The groupPDFXBRL

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
0123408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 profitDKK 67.3mNo. 146 of 2,093
Better than 93% of the companies in the industry
EquityDKK 887.6mNo. 93 of 2,138
Better than 96% of the companies in the industry
Number of employees4No. 290 of 2,138
Better than 86% 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 7.2bnHere
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 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
Gross profit
  1. Incomas Holding ApSDKK 67.3m
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Incomas Holding ApSDKK 15.6m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Incomas Holding ApSDKK 887.6m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Incomas Holding ApS4
  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
  • Aggerholm ApS5%
  • Jho Green Energy ApS20%
  • Johanson Capital ApS20%
  • CB investment Holding ApS20%
  • Egalt Invest ApS10%
  • ELQ Investors III Ltd5%
Incomas Holding ApS

Management

5 active registrations

Executive management

Executive management at Incomas Holding ApS
NameRoleAppointed
Christian BachCEO28/10/2024

Board of directors

Board of directors at Incomas Holding ApS
NameRoleAppointed
Christian BachBoard member15/03/2017
Emil Kildegaard GerhardtBoard member15/03/2017
Jeppe Bülow HøjgaardBoard member28/10/2024
Jesper Severin JohansonChair of the board28/10/2024
Founders
Jho Green Energy ApS, Egalt Invest ApS
Former management (13)
Former management at Incomas Holding ApS
NameRoleAppointedResigned
Jeppe Bülow HøjgaardDirector01/02/201723/06/2020
Jeppe Bülow HøjgaardBoard member01/02/201712/06/2017
Emil Kildegaard GerhardtChair of the board01/02/201714/03/2017
Annett Bülow HøjgaardBoard member01/02/201715/03/2017
Jack Veilgaard HjeronymusBoard member15/03/201719/08/2021
Bo WaseChair of the board15/03/201731/12/2022
Christian BachDirector15/03/201723/06/2020
Emil Kildegaard GerhardtDirector15/03/201712/06/2017
Jesper Severin JohansonDirector12/06/201728/10/2024
Jesper Severin JohansonBoard member12/06/201727/10/2024
Jeppe Bülow HøjgaardBoard member23/06/202031/12/2022
Christian BachDirector21/01/202227/10/2024
Jeppe Bülow HøjgaardChair of the board01/01/202327/10/2024

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 units

Tangen 6
8200 Aarhus N

Aarhus Municipality · Postcode 8200

Other companies at the address (7)

Production units
Production unitAddressEmployeesP number
Incomas Holding ApSTangen 6, 8200 Aarhus N41022147818

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 events
20263 changesaccounts 1 · capital 2
  • Annual report for 2025 published
  • Share capital changed from 6,962,318 DKK to 6,970,832 DKK
  • Share capital changed from 6,949,755 DKK to 6,962,318 DKK
20252 changesaccounts 1 · capital 1
  • Annual report for 2024 published
  • Share capital changed from 6,932,310 DKK to 6,949,755 DKK
202410 changesmanagement 7 · accounts 1 · address 1 · capital 1
  • Christian Bach appointed ceo
  • Jesper Severin Johanson appointed chair of the board
  • Jeppe Bülow Højgaard appointed board member
  • Jesper Severin Johanson stepped down as director
  • Jeppe Bülow Højgaard stepped down as chair of the board
  • Christian Bach stepped down as director
  • Jesper Severin Johanson stepped down as board member
  • Annual report for 2023 published
  • Moved to Tangen 6, 8200 Aarhus N
  • Share capital changed from 6,924,590 DKK to 6,932,310 DKK
20233 changesaccounts 1 · capital 1 · management 1
  • Annual report for 2022 published
  • Share capital changed from 6,835,103 DKK to 6,924,590 DKK
  • Jeppe Bülow Højgaard appointed chair of the board
20225 changesmanagement 3 · capital 1 · accounts 1
  • Jeppe Bülow Højgaard stepped down as board member
  • Bo Wase stepped down as chair of the board
  • Share capital changed from 6,760,737 DKK to 6,835,103 DKK
  • Annual report for 2021 published
  • Christian Bach appointed director
202113 changesmanagement 1 · ownership 11 · accounts 1
  • Jack Veilgaard Hjeronymus stepped down as board member
  • Aggerholm ApS registered as owner (5%)
  • ELQ Investors III Ltd registered as owner (5%)
  • Egalt Invest ApS registered as owner (10%)
  • CB investment Holding ApS registered as owner (20%)
  • JOHANSON CAPITAL ApS registered as owner (20%)
  • JHO GREEN ENERGY ApS registered as owner (20%)
  • JOHANSON CAPITAL ApS is no longer registered as owner
  • Egalt Invest ApS is no longer registered as owner
  • CB investment Holding ApS is no longer registered as owner
  • JHO GREEN ENERGY ApS is no longer registered as owner
  • Aggerholm ApS is no longer registered as owner
  • Annual report for 2020 published
20203 changesmanagement 3
  • Jeppe Bülow Højgaard appointed board member
  • Christian Bach stepped down as director
  • Jeppe Bülow Højgaard stepped down as director
20199 changesaddress 1 · ownership 8
  • Moved to Tangen 6, 8200 Aarhus N
  • JOHANSON CAPITAL ApS registered as owner (20%)
  • Egalt Invest ApS registered as owner (10%)
  • CB investment Holding ApS registered as owner (20%)
  • JHO GREEN ENERGY ApS registered as owner (20%)
  • Egalt Invest ApS is no longer registered as owner
  • CB investment Holding ApS is no longer registered as owner
  • JOHANSON CAPITAL ApS is no longer registered as owner
  • JHO GREEN ENERGY ApS is no longer registered as owner
201737 changescapital 3 · ownership 17 · management 16 · founded 1
  • Share capital changed from 6,382,980 DKK to 6,760,737 DKK
  • Aggerholm ApS registered as owner (5%)
  • Jesper Severin Johanson appointed board member
  • Jesper Severin Johanson appointed director
  • Emil Kildegaard Gerhardt stepped down as director
  • Jeppe Bülow Højgaard stepped down as board member
  • Egalt Invest ApS registered as owner (10%)
  • CB investment Holding ApS registered as owner (25%)
  • JOHANSON CAPITAL ApS registered as owner (25%)
  • JHO GREEN ENERGY ApS registered as owner (25%)
  • Egalt Invest ApS is no longer registered as owner
  • CB investment Holding ApS is no longer registered as owner
  • JHO GREEN ENERGY ApS is no longer registered as owner
  • Share capital changed from 6,000,000 DKK to 6,382,980 DKK
  • Emil Kildegaard Gerhardt appointed director
  • Bo Wase appointed chair of the board
  • Jack Veilgaard Hjeronymus appointed board member
  • Christian Bach appointed board member
  • Emil Kildegaard Gerhardt appointed board member
  • Christian Bach appointed director
  • Annett Bülow Højgaard stepped down as board member
  • Egalt Invest ApS registered as owner (15%)
  • Emil Kildegaard Gerhardt stepped down as chair of the board
  • Egalt Invest ApS is no longer registered as owner
  • Share capital changed from 50,000 DKK to 6,000,000 DKK
  • CB investment Holding ApS registered as owner (33.33%)
  • Egalt Invest ApS registered as owner (20%)
  • JHO GREEN ENERGY ApS registered as owner (33.33%)
  • Egalt Invest ApS is no longer registered as owner
  • JHO GREEN ENERGY ApS is no longer registered as owner
  • Registered as Incomas Holding ApS
  • Jeppe Bülow Højgaard appointed director
  • Emil Kildegaard Gerhardt appointed chair of the board
  • Jeppe Bülow Højgaard appointed board member
  • Annett Bülow Højgaard appointed board member
  • Egalt Invest ApS registered as owner (15%)
  • JHO GREEN ENERGY ApS registered as owner (66.67%)

Related companies

Same industry in Aarhus

See all →

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.

View in CVRReport a correction