K/S Admiral Investment Fond

Limited partnershipCVR 40960902Aarhus CActive

K/S Admiral Investment Fond is a limited partnership, based in Aarhus C, active in non-financial holding companies, founded in 2019. The company made a loss in both 2024 and 2025, most recently DKK 30.2m. Equity grew to DKK 97.1m in 2025. Gross profit is higher than that of 85% of the companies in the industry in the database.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 4.2m+46,833.3% vs. 2024

Net profit−DKK 30.2m−3,462.7% vs. 2024

EquityDKK 97.1m+266.4% vs. 2024

Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

The loss grew: from DKK 849k to DKK 30.2m (2024 → 2025).
Equity rose 266% (2024 → 2025), to DKK 97.1m.

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

EquityNet profit

Financial figures for K/S Admiral Investment Fond
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	–	20,937	528	5,833	−9	4,206	+46,833.3%
Operating profit (EBIT)	−168	20,841	430	5,735	−107	3,473	+3,345.8%
Net profit	−181	20,792	498	6,097	−849	−30,247	−3,462.7%
Total assets	30,952	20,793	21,291	27,383	26,529	103,029	+288.4%
Equity	−181	20,768	21,266	27,363	26,514	97,141	+266.4%
Liabilities	31,134	25	25	20	15	5,888	+39,153.3%
Cash and cash equivalents	366	9,482	4,467	4,301	3,564	15,066	+322.7%
Average number of employees	–	2	2	2	2	2	0%

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

Compare with the industry (2,138 companies)

Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures

Loss for 2 years in a row
Net result has been negative in 2024–2025.
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

Annual reports for K/S Admiral Investment Fond
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	27/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	03/07/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	30/06/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	28/04/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	30/06/2022	The company	PDF XBRL
2020	26/11/2019 – 31/12/2020	10/07/2021	The company	PDF XBRL

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

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 4.2mNo. 310 of 2,093

Better than 85% of the companies in the industry

EquityDKK 97.1mNo. 594 of 2,138

Better than 72% of the companies in the industry

Number of employees2No. 435 of 2,138

Better than 80% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 16,241of 69,742 Better than 77%	No. 1,847of 69,964 Better than 97%
Same industry and fewer than 20 employees2,092 companies in the comparison	No. 277of 2,048 Better than 87%	No. 572of 2,092 Better than 73%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 10,007of 33,588 Better than 70%	No. 706of 33,687 Better than 98%
All companies of type K/S195 companies in the comparison	No. 76of 190 Better than 60%	No. 23of 195 Better than 89%

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

K/S Admiral Investment FondDKK 4.2m
Heartland A/SDKK 19.9bn
Andel A.M.B.A.DKK 5.6bn

Net profit

K/S Admiral Investment Fond−DKK 30.2m
Heartland A/SDKK 4.9bn
Andel A.M.B.A.−DKK 2.9bn

Equity

K/S Admiral Investment FondDKK 97.1m
Heartland A/SDKK 39.2bn
Andel A.M.B.A.DKK 29.5bn

Employees

K/S Admiral Investment Fond2
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

Owners

Andreas Duckert Holding ApS50%
DJAS Consulting ApS33.33%

K/S Admiral Investment Fond

Management

3 active registrations

Executive management

Executive management at K/S Admiral Investment Fond
Name	Role	Appointed
Andreas Ditlev Duckert	Director	05/09/2024

Board of directors

Board of directors at K/S Admiral Investment Fond
Name	Role	Appointed
Mikkel Robenhagen Evar Berthelsen	Chair of the board	26/11/2019
Andreas Ditlev Duckert	Board member	26/11/2019

Auditor: BDO Statsautoriseret Revisionspartnerselskab

Former management (2)

Former management at K/S Admiral Investment Fond
Name	Role	Appointed	Resigned
Andreas Ditlev Duckert	Director	26/11/2019	02/06/2021
Teresa Conde Muñoz	Director	02/06/2021	05/09/2024

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening

Address and production units

1 active production units

Banegårdspladsen 14
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Other companies at the address (3)

Evar Group ApSNon-financial holding companies
Key Group ApSOffice administrative and support activities
Samson Evar Holding ApSBusiness and other management consultancy activities

Production units
Production unit	Address	Industry	Employees	P number
K/S Admiral Investment Fond	Banegårdspladsen 14, 8000 Aarhus C	Non-financial holding companies	2	1025268926

Purpose

Selskabets formål er direkte eller indirekte at eje og drive solcelleparker i primært Italien, men andre lande kan også forekomme

The purpose is quoted from the register in Danish.

Changes year by year

20 registered events

82019

12020

32021

12022

22023

32024

12025

12026

20261 changeaccounts 1

27/06AccountsAnnual report for 2025 published

20251 changeaccounts 1

03/07AccountsAnnual report for 2024 published

20243 changesmanagement 2 · accounts 1

05/09ManagementAndreas Ditlev Duckert appointed director
05/09ManagementTeresa Conde Muñoz stepped down as director
30/06AccountsAnnual report for 2023 published

20232 changesaddress 1 · accounts 1

14/12AddressMoved to Banegårdspladsen 14, 8000 Aarhus C
28/04AccountsAnnual report for 2022 published

20221 changeaccounts 1

30/06AccountsAnnual report for 2021 published

20213 changesaccounts 1 · management 2

10/07AccountsAnnual report for 2020 published
02/06ManagementTeresa Conde Muñoz appointed director
02/06ManagementAndreas Ditlev Duckert stepped down as director

20201 changeaddress 1

14/01AddressMoved to Siriusvej 6A, 8270 Højbjerg

20198 changesownership 4 · founded 1 · management 3

28/11OwnershipANDREAS DUCKERT HOLDING ApS registered as owner (50%)
28/11OwnershipDJAS Consulting ApS registered as owner (33.33%)
28/11OwnershipOBTON A/S is no longer registered as owner
26/11FoundedRegistered as K/S Admiral Investment Fond
26/11ManagementAndreas Ditlev Duckert appointed director
26/11ManagementMikkel Robenhagen Evar Berthelsen appointed chair of the board
26/11ManagementAndreas Ditlev Duckert appointed board member
26/11OwnershipOBTON A/S registered as owner (100%)

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

See all →

Same people in management

Koncenton A/Svia Andreas Ditlev Duckert
Obton Administration A/Svia Mikkel Robenhagen Evar Berthelsen
Nord Leasing ApSvia Andreas Ditlev Duckert
Voltaiyo Danmark ApSvia Mikkel Robenhagen Evar Berthelsen
HiTalento ApSvia Andreas Ditlev Duckert
Obton Forvaltning A/Svia Andreas Ditlev Duckert

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

View in CVR Report a correction