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K. WESTERGAARD Ejendomme A/S

Public limited companyCVR 21828289HorsensActive

K. WESTERGAARD Ejendomme A/S is a public limited company, based in Horsens, active in renting of commercial property, founded in 1999. Net profit rose 187% from 2024 to 2025, ending at DKK 295k. Equity fell to DKK 9.3m in 2025.

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Key figures · financial year 2025

Gross profitDKK 2m−54.8% vs. 2024
Net profitDKK 295k+187.1% vs. 2024
EquityDKK 9.3m−52.6% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 55% (2024 → 2025), to DKK 2m.
  • Net profit rose 187% (2024 → 2025), to DKK 295k.
  • Equity fell 53% (2024 → 2025), to DKK 9.3m.

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 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for K. WESTERGAARD Ejendomme A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,8018,1648,4357,1624,4922,029−54.8%
Operating profit (EBIT)2,5892,1672,9291,683401382−4.6%
Profit before tax2,0841,7132,3081,070173379+118.9%
Net profit1,6131,3261,789826103295+187.1%
Total assets49,70043,43446,72143,74725,04012,145−51.5%
Equity19,01019,53720,52620,35219,5559,270−52.6%
Liabilities28,12721,34823,67020,9353,0272,607−13.9%
Cash and cash equivalents2,4692,0982,03216172551+220.5%
Average number of employees25232223101−90%

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 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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
Gross profitMedian, the industry (1,780 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 53% from 2024 to 2025 (DKK 19.6m to DKK 9.3m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Fewer employees

    The number of employees fell 90% from 10 in 2024 to 1 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • 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 K. WESTERGAARD Ejendomme A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202527/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202306/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202225/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202125/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/05/2021The 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
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 2mNo. 761 of 1,763
Better than 57% of the companies in the industry
EquityDKK 9.3mNo. 1058 of 1,780
Better than 41% of the companies in the industry
Number of employees2No. 827 of 1,780
Better than 54% 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 fewer than 20 employees69,967 companies in the comparison
No. 30,674of 69,742
Better than 56%
No. 9,531of 69,964
Better than 86%
Same industry and fewer than 20 employees1,723 companies in the comparison
No. 721of 1,711
Better than 58%
No. 1,015of 1,723
Better than 41%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 15,426of 24,791
Better than 38%
No. 7,017of 24,909
Better than 72%
All companies of type A/S18,025 companies in the comparison
No. 14,642of 17,786
Better than 18%
No. 9,054of 18,024
Better than 50%

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. K. WESTERGAARD Ejendomme A/SDKK 2m
  2. Jeudan A/SDKK 1.3bn
  3. Euro Steel 1988 ApSDKK 719.3m
Net profit
  1. K. WESTERGAARD Ejendomme A/SDKK 295k
  2. Jeudan A/SDKK 1bn
  3. Euro Steel 1988 ApSDKK 180.9m
Equity
  1. K. WESTERGAARD Ejendomme A/SDKK 9.3m
  2. Jeudan A/SDKK 13.1bn
  3. Euro Steel 1988 ApSDKK 1.8bn
Employees
  1. K. WESTERGAARD Ejendomme A/S2
  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
  • U. Westergaard Holding ApS100%
K. WESTERGAARD Ejendomme A/S

Management

4 active registrations

Executive management

Executive management at K. WESTERGAARD Ejendomme A/S
NameRoleAppointed
Erik Kumke WestergaardDirector25/06/1999

Board of directors

Board of directors at K. WESTERGAARD Ejendomme A/S
NameRoleAppointed
Evan HerrigBoard member25/06/1999
Ulla WestergaardChair of the board25/06/1999
Erik Kumke WestergaardBoard member25/06/1999
Founders
Ulla Westergaard

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af en direktør og et bestyrelsesmedlem i forening

Address and production units

1 active production units

Høegh Guldbergs Gade 18
8700 Horsens

Horsens Municipality · Postcode 8700

Production units
Production unitAddressEmployeesP number
K. WESTERGAARD Ejendomme A/SHøegh Guldbergs Gade 18, 8700 Horsens21011827728

Purpose

Selskabets formål er udlejning af fast ejendom og investering og dermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

18 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20243 changesaccounts 1 · industry 1 · name 1
  • Annual report for 2023 published
  • Industry changed to Renting of commercial property (682040)
  • Name changed from K. WESTERGAARD AUTOMOBILER A/S to K. WESTERGAARD Ejendomme A/S
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesaccounts 1 · address 1
  • Annual report for 2021 published
  • Moved to Høegh Guldbergs Gade 18, 8700 Horsens
20211 changeaccounts 1
  • Annual report for 2020 published
20102 changesindustry 2
  • Industry changed to Detailhandel med personbiler, varebiler og minibusser (451120)
  • Industry changed to Autoreparationsværksteder mv. (452010)
20031 changeindustry 1
  • Industry changed to Not stated (980000)
19996 changesownership 1 · founded 1 · management 4
  • U. WESTERGAARD HOLDING ApS registered as owner (100%)
  • Registered as K. WESTERGAARD AUTOMOBILER A/S
  • Evan Herrig appointed board member
  • Ulla Westergaard appointed chair of the board
  • Erik Kumke Westergaard appointed board member
  • Erik Kumke Westergaard appointed director

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