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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 34,929 | 29,845 | 22,868 | 24,453 | not stated | not stated | – |
| Gross profit | 30,249 | 25,780 | 18,412 | 20,249 | 11,576 | 7,816 | −32.5% |
| Operating profit (EBIT) | 15,560 | 10,395 | −344 | 3,917 | −3,681 | −5,263 | −43% |
| Profit before tax | 14,349 | 8,916 | −3,415 | 228 | −3,601 | −5,818 | −61.6% |
| Net profit | 11,043 | 6,656 | −3,290 | −487 | −2,771 | −4,660 | −68.2% |
| Total assets | 72,458 | 73,351 | 58,918 | 70,199 | 42,226 | 40,576 | −3.9% |
| Equity | 26,741 | 33,397 | 30,112 | 29,633 | 26,864 | 22,204 | −17.3% |
| Liabilities | 45,716 | 39,954 | 28,807 | 40,566 | 15,362 | 18,372 | +19.6% |
| Cash and cash equivalents | 16,866 | 1,508 | 2,087 | 499 | 2,694 | 1,912 | −29% |
| Average number of employees | 14 | 14 | 15 | 14 | 14 | 14 | 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 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 figuresLoss 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 08/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 02/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 02/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 06/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 07/05/2021 | The company | 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
332 companies in the databaseComparison with the other companies in management of real estate on a contract basis based on the latest financial year.
Industry median: gross profit DKK 2.6m, net profit DKK 401k, equity DKK 3.8m, 3 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. 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- Kristensen Fund & Asset Management A/SDKK 7.8m
- Balder Danmark A/SDKK 615.8m
- Deas A/SDKK 348.2m
- Kristensen Fund & Asset Management A/S−DKK 4.7m
- Balder Danmark A/SDKK 765.8m
- Deas A/S−DKK 84.5m
- Kristensen Fund & Asset Management A/SDKK 22.2m
- Balder Danmark A/SDKK 6.4bn
- Deas A/SDKK 45.9m
- Kristensen Fund & Asset Management A/S13
- Balder Danmark A/S108
- 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 RegisterManagement
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jeppe Lynge Larsen | Director | 21/12/2018 |
| Per Traunholm | Director | 07/10/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Michael Ingemann Schmidt | Board member | 06/10/2016 |
| Mette Kold | Board member | 07/10/2025 |
| Kent Hoeg Sørensen | Chair of the board | 07/10/2025 |
- Founders
- VX 10.312 ApS
Former management (19)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kim Madsen | Chair of the board | 01/07/1998 | 03/12/1998 |
| Peter Andreas Stakemann | Board member | 01/07/1998 | 03/12/1998 |
| Peter Andreas Stakemann | Director | 01/07/1998 | 03/12/1998 |
| Annemette Heller | Board member | 01/07/1998 | 03/12/1998 |
| Thorkild Sørensen Sloth Kristensen | Board member | 03/12/1998 | 27/04/2007 |
| Niels Erik Nielsen | Chair of the board | 03/12/1998 | 07/09/2000 |
| Hans Mogens Fenne-Frederiksen | Chair of the board | 07/09/2000 | 29/10/2002 |
| Ole Vedsted-Jakobsen | Director | 07/09/2000 | 27/04/2006 |
| Bent Erik Krogh Jensen | Board member | 12/12/2002 | 27/04/2007 |
| Michael Ingemann Schmidt | Director | 27/04/2006 | 19/01/2011 |
| Peter Westphal | Board member | 27/04/2007 | 19/04/2010 |
| Jesper Korsbæk Jensen | Board member | 19/04/2010 | 31/05/2011 |
| Tage Benjaminsen | Board member | 19/01/2011 | 27/05/2014 |
| Kent Hoeg Sørensen | Director | 19/01/2011 | 20/12/2018 |
| Kent Hoeg Sørensen | Board member | 31/05/2011 | 06/10/2025 |
| Hans Peter Larsen | Chair of the board | 27/05/2014 | 07/10/2025 |
| Jakob Venø Schougaard | Board member | 27/05/2014 | 07/07/2015 |
| Steen Møller Jensen | Board member | 07/07/2015 | 06/10/2016 |
| Kent Hoeg Sørensen | CEO | 21/12/2018 | 07/10/2025 |
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 unitsSkibsbyggerivej 5
9000 Aalborg
Aalborg Municipality · Postcode 9000
Other companies at the address (5)
- &peopl ApSAccounting, bookkeeping and auditing; tax consultancy
- Patiro ApSOther professional, scientific and technical activities n.e.c.
- Kristensen Properties A/SNon-financial holding companies
- Kristensen Partners Iii A/SNon-financial holding companies
- K/S Teknikerbyen, VirumRenting of commercial property
| Production unit | Address | Employees | P number |
|---|---|---|---|
| KRISTENSEN FUND & ASSET MANAGEMENT A/S | Skibsbyggerivej 5, 9000 Aalborg | 9 | 1004935984 |
| Kristensen Fund & Asset Management A/S | Teknikerbyen 5, st, 2830 Virum | 4 | 1023878271 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20257 changesmanagement 6 · accounts 1
- ManagementMette Kold appointed board member
- ManagementKent Hoeg Sørensen appointed chair of the board
- ManagementPer Traunholm appointed director
- ManagementKent Hoeg Sørensen stepped down as ceo
- ManagementHans Peter Larsen stepped down as chair of the board
- ManagementKent Hoeg Sørensen stepped down as board member
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20232 changesaddress 1 · accounts 1
- AddressMoved to Skibsbyggerivej 5, 9000 Aalborg
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20183 changesmanagement 3
- ManagementJeppe Lynge Larsen appointed director
- ManagementKent Hoeg Sørensen appointed ceo
- ManagementKent Hoeg Sørensen stepped down as director
20164 changesmanagement 2 · address 2
- ManagementMichael Ingemann Schmidt appointed board member
- ManagementSteen Møller Jensen stepped down as board member
- AddressMoved to Vesterbro 18, 9000 Aalborg
- AddressMoved to Vesterbro 18, 9000 Aalborg
20152 changesmanagement 2
- ManagementSteen Møller Jensen appointed board member
- ManagementJakob Venø Schougaard stepped down as board member
20143 changesmanagement 3
- ManagementHans Peter Larsen appointed chair of the board
- ManagementJakob Venø Schougaard appointed board member
- ManagementTage Benjaminsen stepped down as board member
20117 changesmanagement 5 · name 1 · industry 1
- ManagementKent Hoeg Sørensen appointed board member
- ManagementJesper Korsbæk Jensen stepped down as board member
- NameName changed from KRISTENSEN EJENDOMME A/S to KRISTENSEN FUND & ASSET MANAGEMENT A/S
- ManagementTage Benjaminsen appointed board member
- ManagementKent Hoeg Sørensen appointed director
- ManagementMichael Ingemann Schmidt stepped down as director
- IndustryIndustry changed to Management of real estate on a contract basis (683210)
20103 changesname 1 · management 2
- NameName changed from THORKILD KRISTENSEN EJENDOMME A/S to KRISTENSEN EJENDOMME A/S
- ManagementJesper Korsbæk Jensen appointed board member
- ManagementPeter Westphal stepped down as board member
20074 changesmanagement 3 · address 1
- ManagementPeter Westphal appointed board member
- ManagementBent Erik Krogh Jensen stepped down as board member
- ManagementThorkild Sørensen Sloth Kristensen stepped down as board member
- AddressMoved to Vesterbro 18, 9000 Aalborg
20062 changesmanagement 2
- ManagementMichael Ingemann Schmidt appointed director
- ManagementOle Vedsted-Jakobsen stepped down as director
20041 changeaddress 1
- AddressMoved to Vesterbro 18, 9000 Aalborg
20022 changesmanagement 2
- ManagementBent Erik Krogh Jensen appointed board member
- ManagementHans Mogens Fenne-Frederiksen stepped down as chair of the board
20012 changesaddress 2
- AddressMoved to Ved Stranden 22, 4. tv, 9100 Aalborg
- AddressMoved to Ved Stranden 22, 9000 Aalborg
20005 changesindustry 1 · management 3 · name 1
- IndustryIndustry changed to Udlejning af erhvervsejendomme (702040)
- ManagementHans Mogens Fenne-Frederiksen appointed chair of the board
- ManagementOle Vedsted-Jakobsen appointed director
- ManagementNiels Erik Nielsen stepped down as chair of the board
- NameName changed from THORKILD KRISTENSEN PROJECTS A/S to THORKILD KRISTENSEN EJENDOMME A/S
199813 changesname 1 · management 10 · ownership 1 · founded 1
- NameName changed from A/S PSE NR. 5370 to THORKILD KRISTENSEN PROJECTS A/S
- ManagementNiels Erik Nielsen appointed chair of the board
- ManagementThorkild Sørensen Sloth Kristensen appointed board member
- ManagementKim Madsen stepped down as chair of the board
- ManagementAnnemette Heller stepped down as board member
- ManagementPeter Andreas Stakemann stepped down as director
- ManagementPeter Andreas Stakemann stepped down as board member
- OwnershipKRISTENSEN PROPERTIES A/S registered as owner (100%)
- FoundedRegistered as A/S PSE NR. 5370
- ManagementKim Madsen appointed chair of the board
- ManagementAnnemette Heller appointed board member
- ManagementPeter Andreas Stakemann appointed director
- ManagementPeter Andreas Stakemann appointed board member
Related companies
Same industry in Aalborg
- Calum A/S45 employees
- Novi A/S26 employees
- norhjem administration a/s21 employees
- Nordstjernens Ejendomsadministration ApS20 employees
- Palle Mørch A/S18 employees
- DKE Management ApS18 employees
Same people in management
- Tryg Forsikring A/Svia Kim Madsen
- Bravida Danmark A/Svia Niels Erik Nielsen
- Aktieselskabet Th. Wessel & Vett. Magasin Du Nordvia Tage Benjaminsen
- Pure Gym Denmark A/Svia Peter Andreas Stakemann
- Semler Mobility Retail A/Svia Annemette Heller
- Atea A/Svia Annemette Heller
Largest in the industry
- Balder Danmark A/SDKK 615.8m
- Deas A/SDKK 348.2m
- Newsec Property Asset Management Denmark A/SDKK 327.2m
- Ista Danmark A/SDKK 265.4m
- Brunata A/SDKK 248.7m
- Techem Danmark A/SDKK 172m
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.