Kristensen Fund & Asset Management A/S

Public limited companyCVR 21153680AalborgActive

Kristensen Fund & Asset Management A/S is a public limited company, based in Aalborg, active in management of real estate on a contract basis, founded in 1998. The company made a loss in both 2024 and 2025, most recently DKK 4.7m. With 13 employees, the company is about 4 times larger than the industry median. Equity fell to DKK 22.2m in 2025.

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Key figures · financial year 2025

Gross profitDKK 7.8m−32.5% vs. 2024
Net profit−DKK 4.7m−68.2% vs. 2024
EquityDKK 22.2m−17.3% vs. 2024
Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 32% (2024 → 2025), to DKK 7.8m.
  • The loss grew: from DKK 2.8m to DKK 4.7m (2024 → 2025).
  • Equity fell 17% (2024 → 2025), to DKK 22.2m.

Employees

  • 1 fewer employees than a year earlier: 13 (08/2026) against 14 (08/2025).

Management and owners, last 24 months

  • New in management: Mette Kold (board member, 07/10/2025), Per Traunholm (director, 07/10/2025) and Kent Hoeg Sørensen (chair of the board, 07/10/2025).
  • Stepped down: Kent Hoeg Sørensen (board member, 06/10/2025), Hans Peter Larsen (chair of the board, 07/10/2025) and Kent Hoeg Sørensen (ceo, 07/10/2025).

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 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35m202020212022202320242025
EquityNet profit
Financial figures for Kristensen Fund & Asset Management A/S
202020212022202320242025Change
Revenue34,92929,84522,86824,453not statednot stated–
Gross profit30,24925,78018,41220,24911,5767,816−32.5%
Operating profit (EBIT)15,56010,395−3443,917−3,681−5,263−43%
Profit before tax14,3498,916−3,415228−3,601−5,818−61.6%
Net profit11,0436,656−3,290−487−2,771−4,660−68.2%
Total assets72,45873,35158,91870,19942,22640,576−3.9%
Equity26,74133,39730,11229,63326,86422,204−17.3%
Liabilities45,71639,95428,80740,56615,36218,372+19.6%
Cash and cash equivalents16,8661,5082,0874992,6941,912−29%
Average number of employees1414151414140%

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 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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
Gross profitMedian, the industry (332 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    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 Kristensen Fund & Asset Management A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202508/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202302/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202106/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/05/2021The 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
02468101214161809/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

332 companies in the database

Comparison with the other companies in management of real estate on a contract basis based on the latest financial year.

Gross profitDKK 7.8mNo. 101 of 328
Better than 69% of the companies in the industry
EquityDKK 22.2mNo. 79 of 332
Better than 76% of the companies in the industry
Number of employees13No. 67 of 332
Better than 80% of the companies in the industry

Industry median: gross profit DKK 2.6m, net profit DKK 401k, equity DKK 3.8m, 3 employees.

DKK 100kDKK 886kDKK 7.8mDKK 69.5mDKK 297.6mHere
Distribution of gross profit for 292 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. 7,220of 69,742
Better than 90%
No. 5,399of 69,964
Better than 92%
Same industry and fewer than 20 employees278 companies in the comparison
No. 50of 274
Better than 82%
No. 62of 278
Better than 78%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 7,174of 24,791
Better than 71%
No. 4,154of 24,909
Better than 83%
All companies of type A/S18,025 companies in the comparison
No. 10,079of 17,786
Better than 43%
No. 5,836of 18,024
Better than 68%

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

Management of real estate on a contract basis
Gross profit
  1. Kristensen Fund & Asset Management A/SDKK 7.8m
  2. Balder Danmark A/SDKK 615.8m
  3. Deas A/SDKK 348.2m
Net profit
  1. Kristensen Fund & Asset Management A/S−DKK 4.7m
  2. Balder Danmark A/SDKK 765.8m
  3. Deas A/S−DKK 84.5m
Equity
  1. Kristensen Fund & Asset Management A/SDKK 22.2m
  2. Balder Danmark A/SDKK 6.4bn
  3. Deas A/SDKK 45.9m
Employees
  1. Kristensen Fund & Asset Management A/S13
  2. Balder Danmark A/S108
  3. Deas A/S503

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Kristensen Fund & Asset Management A/S

Management

5 active registrations

Executive management

Executive management at Kristensen Fund & Asset Management A/S
NameRoleAppointed
Jeppe Lynge LarsenDirector21/12/2018
Per TraunholmDirector07/10/2025

Board of directors

Board of directors at Kristensen Fund & Asset Management A/S
NameRoleAppointed
Michael Ingemann SchmidtBoard member06/10/2016
Mette KoldBoard member07/10/2025
Kent Hoeg SørensenChair of the board07/10/2025
Founders
VX 10.312 ApS
Former management (19)
Former management at Kristensen Fund & Asset Management A/S
NameRoleAppointedResigned
Kim MadsenChair of the board01/07/199803/12/1998
Peter Andreas StakemannBoard member01/07/199803/12/1998
Peter Andreas StakemannDirector01/07/199803/12/1998
Annemette HellerBoard member01/07/199803/12/1998
Thorkild Sørensen Sloth KristensenBoard member03/12/199827/04/2007
Niels Erik NielsenChair of the board03/12/199807/09/2000
Hans Mogens Fenne-FrederiksenChair of the board07/09/200029/10/2002
Ole Vedsted-JakobsenDirector07/09/200027/04/2006
Bent Erik Krogh JensenBoard member12/12/200227/04/2007
Michael Ingemann SchmidtDirector27/04/200619/01/2011
Peter WestphalBoard member27/04/200719/04/2010
Jesper Korsbæk JensenBoard member19/04/201031/05/2011
Tage BenjaminsenBoard member19/01/201127/05/2014
Kent Hoeg SørensenDirector19/01/201120/12/2018
Kent Hoeg SørensenBoard member31/05/201106/10/2025
Hans Peter LarsenChair of the board27/05/201407/10/2025
Jakob Venø SchougaardBoard member27/05/201407/07/2015
Steen Møller JensenBoard member07/07/201506/10/2016
Kent Hoeg SørensenCEO21/12/201807/10/2025

Signing rule: Selskabet tegnes af den administrerende direktør i forening med et bestyrelsesmedlem eller en direktør. Endvidere tegnes selskabet af den samlede bestyrelse.

Address and production units

2 active production units

Skibsbyggerivej 5
9000 Aalborg

Aalborg Municipality · Postcode 9000

Other companies at the address (5)

Production units
Production unitAddressEmployeesP number
KRISTENSEN FUND & ASSET MANAGEMENT A/SSkibsbyggerivej 5, 9000 Aalborg91004935984
Kristensen Fund & Asset Management A/STeknikerbyen 5, st, 2830 Virum41023878271

Purpose

Selskabets formål er at drive virksomhed med administrations-, rådgivnings- og developeraktiviteter og anden i forbindelse dermed stående virksomhed, herunder finansielle ydelser for datterselskaber.

The purpose is quoted from the register in Danish.

Changes year by year

64 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20257 changesmanagement 6 · accounts 1
  • Mette Kold appointed board member
  • Kent Hoeg Sørensen appointed chair of the board
  • Per Traunholm appointed director
  • Kent Hoeg Sørensen stepped down as ceo
  • Hans Peter Larsen stepped down as chair of the board
  • Kent Hoeg Sørensen stepped down as board member
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesaddress 1 · accounts 1
  • Moved to Skibsbyggerivej 5, 9000 Aalborg
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20183 changesmanagement 3
  • Jeppe Lynge Larsen appointed director
  • Kent Hoeg Sørensen appointed ceo
  • Kent Hoeg Sørensen stepped down as director
20164 changesmanagement 2 · address 2
  • Michael Ingemann Schmidt appointed board member
  • Steen Møller Jensen stepped down as board member
  • Moved to Vesterbro 18, 9000 Aalborg
  • Moved to Vesterbro 18, 9000 Aalborg
20152 changesmanagement 2
  • Steen Møller Jensen appointed board member
  • Jakob Venø Schougaard stepped down as board member
20143 changesmanagement 3
  • Hans Peter Larsen appointed chair of the board
  • Jakob Venø Schougaard appointed board member
  • Tage Benjaminsen stepped down as board member
20117 changesmanagement 5 · name 1 · industry 1
  • Kent Hoeg Sørensen appointed board member
  • Jesper Korsbæk Jensen stepped down as board member
  • Name changed from KRISTENSEN EJENDOMME A/S to KRISTENSEN FUND & ASSET MANAGEMENT A/S
  • Tage Benjaminsen appointed board member
  • Kent Hoeg Sørensen appointed director
  • Michael Ingemann Schmidt stepped down as director
  • Industry changed to Management of real estate on a contract basis (683210)
20103 changesname 1 · management 2
  • Name changed from THORKILD KRISTENSEN EJENDOMME A/S to KRISTENSEN EJENDOMME A/S
  • Jesper Korsbæk Jensen appointed board member
  • Peter Westphal stepped down as board member
20074 changesmanagement 3 · address 1
  • Peter Westphal appointed board member
  • Bent Erik Krogh Jensen stepped down as board member
  • Thorkild Sørensen Sloth Kristensen stepped down as board member
  • Moved to Vesterbro 18, 9000 Aalborg
20062 changesmanagement 2
  • Michael Ingemann Schmidt appointed director
  • Ole Vedsted-Jakobsen stepped down as director
20041 changeaddress 1
  • Moved to Vesterbro 18, 9000 Aalborg
20022 changesmanagement 2
  • Bent Erik Krogh Jensen appointed board member
  • Hans Mogens Fenne-Frederiksen stepped down as chair of the board
20012 changesaddress 2
  • Moved to Ved Stranden 22, 4. tv, 9100 Aalborg
  • Moved to Ved Stranden 22, 9000 Aalborg
20005 changesindustry 1 · management 3 · name 1
  • Industry changed to Udlejning af erhvervsejendomme (702040)
  • Hans Mogens Fenne-Frederiksen appointed chair of the board
  • Ole Vedsted-Jakobsen appointed director
  • Niels Erik Nielsen stepped down as chair of the board
  • Name changed from THORKILD KRISTENSEN PROJECTS A/S to THORKILD KRISTENSEN EJENDOMME A/S
199813 changesname 1 · management 10 · ownership 1 · founded 1
  • Name changed from A/S PSE NR. 5370 to THORKILD KRISTENSEN PROJECTS A/S
  • Niels Erik Nielsen appointed chair of the board
  • Thorkild Sørensen Sloth Kristensen appointed board member
  • Kim Madsen stepped down as chair of the board
  • Annemette Heller stepped down as board member
  • Peter Andreas Stakemann stepped down as director
  • Peter Andreas Stakemann stepped down as board member
  • KRISTENSEN PROPERTIES A/S registered as owner (100%)
  • Registered as A/S PSE NR. 5370
  • Kim Madsen appointed chair of the board
  • Annemette Heller appointed board member
  • Peter Andreas Stakemann appointed director
  • Peter Andreas Stakemann appointed board member

Related companies

Same industry in Aalborg

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.

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