Innovater A/S
Public limited companyCVR 30517075Aarhus CActive
Innovater A/S is a public limited company, based in Aarhus C, active in buying and selling of own real estate, founded in 2008. Equity was negative at the end of 2025 (−DKK 50.8m). The company made a loss in both 2024 and 2025, most recently DKK 7m. With 10 employees, the company is about 10 times larger than the industry median.
Key figures · financial year 2025
Gross profit−DKK 38.9m−202.3% vs. 2024
Net profit−DKK 7m−167.1% vs. 2024
Equity−DKK 50.8m−334.5% vs. 2024
Employees10latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 202% (2024 → 2025), to −DKK 38.9m.
- The loss grew: from DKK 2.6m to DKK 7m (2024 → 2025).
- Equity turned negative: −DKK 50.8m (2024 → 2025).
Employees
- 4 fewer employees than a year earlier: 10 (08/2026) against 14 (08/2025).
Management and owners, last 24 months
- New in management: Frank Mortensen (chair of the board, 22/12/2025).
- Stepped down: Claus Jørgen Søgaard Poulsen (board member, 02/09/2025), Carl Erik Skovgaard (chair of the board, 22/12/2025) and Rikke Sørensen (director, 31/08/2025) (+1).
- New owners registered: CECN Invest ApS (11/12/2024).
- No longer registered as owner: ML Holding Århus ApS (11/12/2024), Fibini Holding A/S (11/12/2024) and Cecn ApS (11/12/2024).
Registrations, last 24 months
- 28/07/2026: Moved to Fredericiagade 23, 2, 8000 Aarhus C
- 19/12/2025: Status changed to active
- 05/11/2025: Status changed to under reconstruction
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 | 53,770 | 38,532 | 76,487 | −19,709 | 37,972 | −38,863 | −202.3% |
| Operating profit (EBIT) | 28,508 | 1,663 | 45,013 | −47,417 | 12,473 | −58,386 | −568.1% |
| Profit before tax | 22,076 | −2,729 | 43,871 | −58,935 | −1,135 | −7,037 | −520% |
| Net profit | 17,401 | 4,000 | 43,231 | −44,544 | −2,635 | −7,037 | −167.1% |
| Total assets | 666,191 | 784,919 | 890,772 | 1,191,464 | 215,786 | 123,758 | −42.6% |
| Equity | 81,289 | 77,088 | 117,019 | 62,520 | 21,654 | −50,789 | −334.5% |
| Liabilities | 571,433 | 702,287 | 768,189 | 1,125,815 | 194,132 | 174,547 | −10.1% |
| Cash and cash equivalents | 58,746 | 139,431 | 191,509 | 66,906 | 13,686 | 7,344 | −46.3% |
| Average number of employees | 22 | 19 | 23 | 29 | 17 | 14 | −17.6% |
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 figuresNegative equity
Equity was −DKK 50.8m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 3 years in a row
Net result has been negative in 2023–2025.
How is this calculated?
Net result is negative in the two or more 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 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 30/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 07/06/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 16/05/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 06/07/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 08/06/2021 | 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.
Gross profit−DKK 38.9mNo. 470 of 470
Better than 0% of the companies in the industry
Equity−DKK 50.8mNo. 474 of 476
Better than 0% of the companies in the industry
Number of employees10No. 19 of 476
Better than 96% of the companies in the industry
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. 69,720of 69,742 Better than 0% | No. 69,898of 69,964 Better than 0% |
| Same industry and fewer than 20 employees455 companies in the comparison | No. 450of 450 Better than 0% | No. 453of 455 Better than 0% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 24,774of 24,791 Better than 0% | No. 24,871of 24,909 Better than 0% |
| All companies of type A/S18,025 companies in the comparison | No. 17,755of 17,786 Better than 0% | No. 17,958of 18,024 Better than 0% |
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 estateGross profit
- Innovater A/S−DKK 38.9m
- Udviklingsselskabet Carlsberg Byen P/SDKK 538.8m
- Ejendomsselskabet Olav de Linde A/SDKK 438.7m
Net profit
- Innovater A/S−DKK 7m
- Udviklingsselskabet Carlsberg Byen P/SDKK 452.4m
- Ejendomsselskabet Olav de Linde A/SDKK 51.7m
Equity
- Innovater A/S−DKK 50.8m
- Udviklingsselskabet Carlsberg Byen P/SDKK 3bn
- Ejendomsselskabet Olav de Linde A/SDKK 5.2bn
Employees
- Innovater A/S10
- 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 RegisterOwners
- CECN Invest ApS100%
Innovater A/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Peter Søgaard | CEO | 28/06/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Finn Birkjær Nielsen | Board member | 25/05/2016 |
| Torben Gregoriou Røsler | Deputy chair | 03/06/2024 |
| Frank Mortensen | Chair of the board | 22/12/2025 |
- Founders
- Kim Henriksen Holding ApS, RH Holding Hørning ApS
Former management (18)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Pia Lindholm Holst | Board member | 21/10/2008 | 30/06/2010 |
| Trine Henriksen | Board member | 21/10/2008 | 07/12/2011 |
| Morten Lykke | Chair of the board | 30/06/2010 | 01/09/2011 |
| Kim Lyder Henriksen | Board member | 30/06/2010 | 13/12/2013 |
| Mikkel Lyder Henriksen | Board member | 30/06/2010 | 01/02/2011 |
| Heino Moesgaard Markussen | Director | 01/07/2010 | 01/02/2011 |
| Morten Lykke | CEO | 01/09/2011 | 28/06/2024 |
| René Holst | Director | 01/09/2011 | 07/12/2011 |
| Kim Lyder Henriksen | Director | 01/09/2011 | 13/12/2013 |
| René Holst | Board member | 07/12/2011 | 25/05/2016 |
| Claus Jørgen Søgaard Poulsen | Board member | 13/03/2012 | 02/09/2025 |
| Carl Erik Skovgaard | Chair of the board | 13/03/2012 | 22/12/2025 |
| Heino Moesgaard Markussen | Board member | 13/03/2012 | 30/05/2013 |
| Rikke Sørensen | Director | 01/08/2016 | 31/08/2025 |
| Erik From | Board member | 09/05/2017 | 03/05/2023 |
| Thomas Olander From | Board member | 03/05/2023 | 31/05/2024 |
| Torben Gregoriou Røsler | Board member | 31/05/2024 | 02/06/2024 |
| Frank Mortensen | Deputy chair | 31/05/2024 | 21/12/2025 |
Signing rule: Selskabet tegnes af 2 bestyrelsesmedlemmer i forening, af selskabets direktør i forening med bestyrelsesformanden, af selskabets direktør i forening med næstformanden eller af den samlede bestyrelse.
Address and production units
2 active production unitsFredericiagade 23
8000 Aarhus C
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Innovater A/S Øst | Amalievej 8, 1875 Frederiksberg C | 2 | 1023304887 |
| INNOVATER A/S | Fredericiagade 23, 2, 8000 Aarhus C | 1 | 1014831130 |
Purpose
Selskabets formål er projektudvikling, køb og salg af fast ejendom samt at eje andele af andre selskaber.
The purpose is quoted from the register in Danish.
Changes year by year
87 registered events52015
52016
32017
22018
62019
02020
12021
12022
32023
192024
82025
22026
20262 changesaddress 1 · accounts 1
- AddressMoved to Fredericiagade 23, 2, 8000 Aarhus C
- AccountsAnnual report for 2025 published
20258 changesmanagement 5 · status 2 · accounts 1
- ManagementFrank Mortensen appointed chair of the board
- ManagementCarl Erik Skovgaard stepped down as chair of the board
- ManagementFrank Mortensen stepped down as deputy chair
- StatusStatus changed to active
- StatusStatus changed to under reconstruction
- ManagementClaus Jørgen Søgaard Poulsen stepped down as board member
- ManagementRikke Sørensen stepped down as director
- AccountsAnnual report for 2024 published
202419 changesownership 10 · management 7 · accounts 1 · capital 1
- OwnershipCECN Invest ApS registered as owner (100%)
- OwnershipCECN ApS is no longer registered as owner
- OwnershipFIBINI HOLDING A/S is no longer registered as owner
- OwnershipML HOLDING ÅRHUS ApS is no longer registered as owner
- ManagementPeter Søgaard appointed ceo
- ManagementMorten Lykke stepped down as ceo
- AccountsAnnual report for 2023 published
- ManagementTorben Gregoriou Røsler appointed deputy chair
- ManagementTorben Gregoriou Røsler stepped down as board member
- CapitalShare capital changed from 8,000,000 DKK to 8,800,000 DKK
- ManagementFrank Mortensen appointed deputy chair
- ManagementTorben Gregoriou Røsler appointed board member
- ManagementThomas Olander From stepped down as board member
- OwnershipCECN ApS registered as owner (50%)
- OwnershipFIBINI HOLDING A/S registered as owner (25%)
- OwnershipML HOLDING ÅRHUS ApS registered as owner (20%)
- OwnershipFrom Invest DK ApS is no longer registered as owner
- OwnershipFIBINI HOLDING A/S is no longer registered as owner
- OwnershipML HOLDING ÅRHUS ApS is no longer registered as owner
20233 changesaccounts 1 · management 2
- AccountsAnnual report for 2022 published
- ManagementThomas Olander From appointed board member
- ManagementErik From stepped down as board member
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20196 changesownership 6
- OwnershipFIBINI HOLDING A/S registered as owner (25%)
- OwnershipFrom Invest DK ApS registered as owner (25%)
- OwnershipML HOLDING ÅRHUS ApS registered as owner (33.33%)
- OwnershipFrom Invest DK ApS is no longer registered as owner
- OwnershipFIBINI HOLDING A/S is no longer registered as owner
- OwnershipML HOLDING ÅRHUS ApS is no longer registered as owner
20182 changesownership 2
- OwnershipFrom Invest DK ApS registered as owner (25%)
- OwnershipFrom Invest Udvikling ApS is no longer registered as owner
20173 changesmanagement 1 · capital 1 · ownership 1
- ManagementErik From appointed board member
- CapitalShare capital changed from 10,000,000 DKK to 8,000,000 DKK
- OwnershipRH HOLDING HØRNING ApS is no longer registered as owner
20165 changesownership 2 · management 3
- OwnershipFrom Invest Udvikling ApS registered as owner (25%)
- OwnershipHOLDINGSELSKABET AF 29/6 2013 ApS is no longer registered as owner
- ManagementRikke Sørensen appointed director
- ManagementFinn Birkjær Nielsen appointed board member
- ManagementRené Holst stepped down as board member
20155 changesownership 5
- OwnershipHOLDINGSELSKABET AF 29/6 2013 ApS registered as owner (15%)
- OwnershipFIBINI HOLDING A/S registered as owner (25%)
- OwnershipRH HOLDING HØRNING ApS registered as owner (10%)
- OwnershipRH HOLDING HØRNING ApS is no longer registered as owner
- OwnershipHOLDINGSELSKABET AF 29/6 2013 ApS is no longer registered as owner
20136 changesownership 3 · management 3
- OwnershipRH HOLDING HØRNING ApS registered as owner (25%)
- OwnershipHOLDINGSELSKABET AF 29/6 2013 ApS registered as owner (33.33%)
- OwnershipML HOLDING ÅRHUS ApS registered as owner (50%)
- ManagementKim Lyder Henriksen stepped down as director
- ManagementKim Lyder Henriksen stepped down as board member
- ManagementHeino Moesgaard Markussen stepped down as board member
20124 changescapital 1 · management 3
- CapitalShare capital changed from 500,000 DKK to 10,000,000 DKK
- ManagementCarl Erik Skovgaard appointed chair of the board
- ManagementClaus Jørgen Søgaard Poulsen appointed board member
- ManagementHeino Moesgaard Markussen appointed board member
201110 changesmanagement 9 · industry 1
- ManagementRené Holst appointed board member
- ManagementRené Holst stepped down as director
- ManagementTrine Henriksen stepped down as board member
- ManagementKim Lyder Henriksen appointed director
- ManagementRené Holst appointed director
- ManagementMorten Lykke appointed ceo
- ManagementMorten Lykke stepped down as chair of the board
- ManagementHeino Moesgaard Markussen stepped down as director
- ManagementMikkel Lyder Henriksen stepped down as board member
- IndustryIndustry changed to Køb og salg af egen fast ejendom (681000)
20106 changesaddress 1 · management 5
- AddressMoved to Marselisborg Havnevej 56, 2, 8000 Aarhus C
- ManagementHeino Moesgaard Markussen appointed director
- ManagementKim Lyder Henriksen appointed board member
- ManagementMikkel Lyder Henriksen appointed board member
- ManagementMorten Lykke appointed chair of the board
- ManagementPia Lindholm Holst stepped down as board member
20093 changesaddress 2 · industry 1
- AddressMoved to Tværgade 15A, 2, 8600 Silkeborg
- AddressMoved to Drewsensvej 1C, 8600 Silkeborg
- IndustryIndustry changed to Gennemførelse af byggeprojekter (411000)
20083 changesfounded 1 · management 2
- FoundedRegistered as INNOVATER A/S
- ManagementPia Lindholm Holst appointed board member
- ManagementTrine Henriksen appointed board member
Related companies
Same industry in Aarhus
- Ejendomsselskabet Olav de Linde A/S128 employees
- Ejendomsselskabet Frederiksgade 88 (Hotel) ApS63 employees
- HusCompagniet B2B A/S36 employees
- Kromann Projekt ApS34 employees
- ACT office ApS24 employees
- Vestergaard Invest ApS19 employees
Same people in management
- Jyske Bank A/Svia Finn Birkjær Nielsen
- Elcon A/Svia Carl Erik Skovgaard
- Lantmännen Schulstad A/Svia Erik From
- Alex Andersen. Ølund A/Svia Carl Erik Skovgaard
- Via Biler A/Svia Carl Erik Skovgaard
- Brøndbyernes I.F. Fodbold A/Svia Frank Mortensen
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.