CVRdatabase
Menu

Incuba A/S

Public limited companyCVR 10049385Aarhus NActive

Incuba A/S is a public limited company, based in Aarhus N, active in renting of commercial property, founded in 1985. Net profit rose 258% from 2024 to 2025, ending at DKK 39.6m. Operations are spread over 4 production units. With 25 employees, the company is about 25 times larger than the industry median.

Follow
PDF reportCompare

Key figures · financial year 2025

RevenueDKK 85m+16.1% vs. 2024
Net profitDKK 39.6m+257.6% vs. 2024
EquityDKK 416m−29.4% vs. 2024
Employees25latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 106% (2024 → 2025), to DKK 113.1m.
  • Revenue rose 16% (2024 → 2025), to DKK 85m.
  • Net profit rose 258% (2024 → 2025), to DKK 39.6m.
  • Equity fell 29% (2024 → 2025), to DKK 416m.

Employees

  • 1 more employees than a year earlier: 25 (08/2026) against 24 (08/2025).

Management and owners, last 24 months

  • New in management: Ryan Alstrup Klausen (director, 15/05/2025) and Poul Nielsen (board member, 12/05/2026).
  • New owners registered: AUFF Holding P/S (26/06/2025).
  • No longer registered as owner: Aarhus Kommune (26/06/2025), Region Midtjylland (26/06/2025) and AUFF Holding P/S (25/06/2025) (+2).

Registrations, last 24 months

  • 12/05/2026: Share capital changed from 46,752,329 DKK to 46,587,329 DKK
  • 05/12/2024: Moved to Åbogade 15, 8200 Aarhus N

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 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m202020212022202320242025
EquityNet profit
Financial figures for Incuba A/S
202020212022202320242025Change
Revenue69,21271,49373,17873,47573,24785,049+16.1%
Gross profit58,66660,55161,75060,10555,012113,137+105.7%
Operating profit (EBIT)34,81734,15334,60830,72520,34870,863+248.3%
Profit before tax30,27724,07632,73326,72714,34850,713+253.4%
Net profit23,58218,71425,86620,78711,07339,601+257.6%
Total assets887,540947,0281,089,4951,427,0241,485,2191,116,741−24.8%
Equity500,180569,267573,334568,629589,235415,956−29.4%
Liabilities306,710282,423423,010768,758798,433652,621−18.3%
Cash and cash equivalents27,87814,79791128,6277,224151,094+1,991.6%
Average number of employees1618–1921210%

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. Gross profit can exceed revenue when the company has other operating income or is a financial company.

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
Gross profitMedian, the industry (1,780 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 Incuba A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202416/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202323/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202216/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202111/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/06/2021The 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
05101520253009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,780 companies in the database

Comparison with the other companies in renting of commercial property based on the latest financial year.

Gross profitDKK 113.1mNo. 25 of 1,763
Better than 99% of the companies in the industry
EquityDKK 416mNo. 81 of 1,780
Better than 96% of the companies in the industry
Number of employees25No. 54 of 1,780
Better than 97% 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 20–49 employees9,922 companies in the comparison
No. 111of 9,892
Better than 99%
No. 124of 9,922
Better than 99%
Same industry and 20–49 employees37 companies in the comparison
No. 5of 35
Better than 88%
No. 10of 37
Better than 75%
Companies that are at least 30 years old10,276 companies in the comparison
No. 757of 10,152
Better than 93%
No. 437of 10,275
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 1,392of 17,786
Better than 92%
No. 839of 18,024
Better than 95%

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. Incuba A/SDKK 113.1m
  2. Jeudan A/SDKK 1.3bn
  3. Euro Steel 1988 ApSDKK 719.3m
Net profit
  1. Incuba A/SDKK 39.6m
  2. Jeudan A/SDKK 1bn
  3. Euro Steel 1988 ApSDKK 180.9m
Equity
  1. Incuba A/SDKK 416m
  2. Jeudan A/SDKK 13.1bn
  3. Euro Steel 1988 ApSDKK 1.8bn
Employees
  1. Incuba A/S25
  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
Incuba A/S

Management

9 active registrations

Executive management

Executive management at Incuba A/S
NameRoleAppointed
Jacob Doktor MogensenCEO15/10/2024
Ryan Alstrup KlausenDirector15/05/2025

Board of directors

Board of directors at Incuba A/S
NameRoleAppointed
Jørgen LangBoard member14/05/2009
Peter KjærChair of the board27/05/2014
Thomas Riisgaard HansenBoard member16/05/2017
Lone Ryg OlsenBoard member15/05/2020
Line Christa Amanda SørensenBoard member10/05/2022
Kristian Garff ThornBoard member11/05/2023
Poul NielsenBoard member12/05/2026
Former management (29)
Former management at Incuba A/S
NameRoleAppointedResigned
Niels Peter Jensen BagerBoard member20/11/198530/06/1994
Kurt VestergaardBoard member20/11/198512/11/2001
Hugo SchmidtBoard member20/11/198530/06/1992
Hans Erik Jantzen-HolstDirector20/11/198529/11/1988
John PoulsenBoard member20/11/198512/11/2001
Henning Jensen LehmannBoard member20/11/198523/05/2002
Erik JantzenDirector20/11/198501/07/2006
Kaj ThaysenBoard member30/06/199223/05/2002
Karl-Heinz OsbahrBoard member30/06/199418/05/2006
Peter LandrokBoard member11/05/200017/05/2011
Søren Christian MogensenBoard member11/05/200017/05/2011
Erling Sørensen LindahlBoard member12/11/200122/05/2012
Niels Christian Michael SideniusBoard member23/05/200218/05/2006
Kim Tram SørensenBoard member23/05/200216/05/2007
Lauritz Broder Holm-NielsenBoard member18/05/200627/05/2014
Michael HolmBoard member16/05/200717/05/2010
Jørgen AndersenBoard member16/05/200714/05/2009
Peter Michael Larsen StevnsBoard member16/05/200711/05/2023
Hans MøllerDirector24/09/200818/11/2013
Niels Christian Michael SideniusCEO24/09/200831/07/2015
Arne VesterdalDirector24/09/200825/02/2021
Thomas KnudsenBoard member17/05/201116/05/2017
Allan FlyvbjergBoard member17/05/201116/05/2017
Jesper BachDirector27/05/201430/09/2016
Brian Bech NielsenBoard member27/05/201415/05/2020
Mai Louise Agerskov AndersenCEO01/08/201520/09/2024
Lars Bo NielsenBoard member16/05/201701/08/2021
Arie Dirk BoonBoard member11/05/202111/05/2023
Claus Svane JensenCEO20/09/202415/10/2024

Signing rule: Selskabet tegnes af den administrerende direktør i forening med formanden, af den administrerende direktør eller formanden i forening med to bestyrelsesmedlemmer eller af tre bestyrelsesmedlemmer i forening

Address and production units

4 active production units

Åbogade 15
8200 Aarhus N

Aarhus Municipality · Postcode 8200

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
INCUBA - NavitasInge Lehmanns Gade 10, 8000 Aarhus C91019585324
INCUBA a/sÅbogade 15, 8200 Aarhus N31013888961
INCUBA a/sGustav Wieds Vej 10A, 8000 Aarhus C11020182632
INCUBA a/sPalle Juul-Jensens Boulevard 82, 8200 Aarhus N11013888996

Purpose

Selskabets formål er, eventuelt i samarbejde med andre, at forestå etableringen og administrationen af en forskerpark i Århus og gennem køb eller leje eller på anden måde at tilvejebringe faciliteter til brug for udlejning/videreudlejning til Forskerparkens brugere og andre brugere, som udøver hermed beslægtet virksomhed såsom Aarhus Universitet

The purpose is quoted from the register in Danish.

Changes year by year

108 registered events
20263 changesaccounts 1 · capital 1 · management 1
  • Annual report for 2025 published
  • Share capital changed from 46,752,329 DKK to 46,587,329 DKK
  • Poul Nielsen appointed board member
20258 changesownership 6 · accounts 1 · management 1
  • AUFF Holding P/S registered as owner (90%)
  • NRGi Holding A/S is no longer registered as owner
  • AKTIESELSKABET SCHOUW & CO. is no longer registered as owner
  • Region Midtjylland is no longer registered as owner
  • Aarhus Kommune is no longer registered as owner
  • AUFF Holding P/S is no longer registered as owner
  • Annual report for 2024 published
  • Ryan Alstrup Klausen appointed director
20247 changesaddress 2 · management 4 · accounts 1
  • Moved to Åbogade 15, 8200 Aarhus N
  • Jacob Doktor Mogensen appointed ceo
  • Claus Svane Jensen stepped down as ceo
  • Claus Svane Jensen appointed ceo
  • Mai Louise Agerskov Andersen stepped down as ceo
  • Annual report for 2023 published
  • Moved to Inge Lehmanns Gade 10, 8000 Aarhus C
20234 changesaccounts 1 · management 3
  • Annual report for 2022 published
  • Kristian Garff Thorn appointed board member
  • Arie Dirk Boon stepped down as board member
  • Peter Michael Larsen Stevns stepped down as board member
20224 changesownership 2 · accounts 1 · management 1
  • NRGi Holding A/S registered as owner (5%)
  • NRGI A.M.B.A. is no longer registered as owner
  • Annual report for 2021 published
  • Line Christa Amanda Sørensen appointed board member
20214 changesmanagement 3 · accounts 1
  • Lars Bo Nielsen stepped down as board member
  • Annual report for 2020 published
  • Arie Dirk Boon appointed board member
  • Arne Vesterdal stepped down as director
20202 changesmanagement 2
  • Lone Ryg Olsen appointed board member
  • Brian Bech Nielsen stepped down as board member
20185 changesaddress 2 · ownership 3
  • Moved to Inge Lehmanns Gade 10, 8000 Aarhus C
  • NRGI A.M.B.A. registered as owner (5%)
  • AKTIESELSKABET SCHOUW & CO. registered as owner (15%)
  • INCUBA INVEST A/S is no longer registered as owner
  • Moved to Inge Lehmanns Gade 10, 8000 Aarhus C
20178 changesownership 4 · management 4
  • AUFF Holding P/S registered as owner (50%)
  • AARHUS UNIVERSITETS FORSKNINGSFOND is no longer registered as owner
  • Thomas Riisgaard Hansen appointed board member
  • Lars Bo Nielsen appointed board member
  • Allan Flyvbjerg stepped down as board member
  • Thomas Knudsen stepped down as board member
  • Region Midtjylland registered as owner (5%)
  • Aarhus Kommune registered as owner (5%)
20161 changemanagement 1
  • Jesper Bach stepped down as director
20154 changesmanagement 2 · address 1 · ownership 1
  • Mai Louise Agerskov Andersen appointed ceo
  • Niels Christian Michael Sidenius stepped down as ceo
  • Moved to Inge Lehmanns Gade 10, 8000 Aarhus C
  • AARHUS UNIVERSITETS FORSKNINGSFOND registered as owner (50%)
20144 changesmanagement 4
  • Jesper Bach appointed director
  • Peter Kjær appointed chair of the board
  • Brian Bech Nielsen appointed board member
  • Lauritz Broder Holm-Nielsen stepped down as board member
20132 changesmanagement 1 · name 1
  • Hans Møller stepped down as director
  • Name changed from INCUBA SCIENCE PARK A/S to INCUBA A/S
20121 changemanagement 1
  • Erling Sørensen Lindahl stepped down as board member
20114 changesmanagement 4
  • Allan Flyvbjerg appointed board member
  • Thomas Knudsen appointed board member
  • Søren Christian Mogensen stepped down as board member
  • Peter Landrok stepped down as board member
20101 changemanagement 1
  • Michael Holm stepped down as board member
20093 changesaddress 1 · management 2
  • Moved to Åbogade 15, 8200 Aarhus N
  • Jørgen Lang appointed board member
  • Jørgen Andersen stepped down as board member
20085 changesownership 1 · management 3 · capital 1
  • INCUBA INVEST A/S registered as owner (25%)
  • Niels Christian Michael Sidenius appointed ceo
  • Hans Møller appointed director
  • Arne Vesterdal appointed director
  • Share capital changed from 44,248,144 DKK to 46,752,329 DKK
20078 changescapital 1 · merger 1 · name 1 · management 4 · industry 1
  • Share capital changed from 35,130,000 DKK to 44,248,144 DKK
  • Merger registered in CVR
  • Name changed from FORSKERPARK . AARHUS A/S to INCUBA SCIENCE PARK A/S
  • Michael Holm appointed board member
  • Peter Michael Larsen Stevns appointed board member
  • Jørgen Andersen appointed board member
  • Kim Tram Sørensen stepped down as board member
  • Industry changed to Udlejning af erhvervsejendomme (702040)
20065 changesmanagement 4 · industry 1
  • Erik Jantzen stepped down as director
  • Lauritz Broder Holm-Nielsen appointed board member
  • Niels Christian Michael Sidenius stepped down as board member
  • Karl-Heinz Osbahr stepped down as board member
  • Industry changed to Anden virksomhedsrådgivning (741490)
20025 changescapital 1 · management 4
  • Share capital changed from 27,240,000 DKK to 35,130,000 DKK
  • Kim Tram Sørensen appointed board member
  • Niels Christian Michael Sidenius appointed board member
  • Kaj Thaysen stepped down as board member
  • Henning Jensen Lehmann stepped down as board member
20014 changescapital 1 · management 3
  • Share capital changed from 8,150,000 DKK to 27,240,000 DKK
  • Erling Sørensen Lindahl appointed board member
  • John Poulsen stepped down as board member
  • Kurt Vestergaard stepped down as board member
20002 changesmanagement 2
  • Søren Christian Mogensen appointed board member
  • Peter Landrok appointed board member
19951 changecapital 1
  • Share capital changed from 6,000,000 DKK to 8,150,000 DKK
19942 changesmanagement 2
  • Karl-Heinz Osbahr appointed board member
  • Niels Peter Jensen Bager stepped down as board member
19922 changesmanagement 2
  • Kaj Thaysen appointed board member
  • Hugo Schmidt stepped down as board member
19881 changemanagement 1
  • Hans Erik Jantzen-Holst stepped down as director
19858 changesfounded 1 · management 7
  • Registered as FORSKERPARK . AARHUS A/S
  • Niels Peter Jensen Bager appointed board member
  • Erik Jantzen appointed director
  • Henning Jensen Lehmann appointed board member
  • John Poulsen appointed board member
  • Hans Erik Jantzen-Holst appointed director
  • Hugo Schmidt appointed board member
  • Kurt Vestergaard appointed board member

Related companies

Same people in management

Largest in the industry

See all →

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.

View in CVRReport a correction