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M.A.D. Properties ApS

Private limited companyCVR 41632909HelsingørActive

M.A.D. Properties ApS is a private limited company, based in Helsingør, active in buying and selling of own real estate, founded in 2020. Equity was negative at the end of 2025 (−DKK 1.5m). The company made a loss in both 2024 and 2025, most recently DKK 1.7m. With 12 employees, the company is about 12 times larger than the industry median.

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Key figures · financial year 2025

Gross profit−DKK 706k−203.1% vs. 2024
Net profit−DKK 1.7m−3,774.3% vs. 2024
Equity−DKK 1.5m−1,187.1% vs. 2024
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss grew: from DKK 42,884 to DKK 1.7m (2024 → 2025).
  • Equity turned negative: −DKK 1.5m (2024 → 2025).

Management and owners, last 24 months

  • New in management: Philip John Vabø (director, 01/05/2026), Rolf Aavild Krasuld-Hansen (ceo, 13/08/2025) and Benny Bork (director, 01/11/2025).
  • Stepped down: Sissel Boel Hald (ceo, 13/08/2025), Rolf Aavild Krasuld-Hansen (ceo, 01/11/2025) and Benny Bork (director, 01/05/2026).
  • New owners registered: Philip John Vabø (01/05/2026), RAKH Holding ApS (22/03/2025) and Snyggt.dk ApS (01/11/2025).
  • No longer registered as owner: SBH Invest ApS (22/03/2025), RAKH Holding ApS (01/11/2025) and Snyggt.dk ApS (01/05/2026).

Registrations, last 24 months

  • 30/07/2026: Moved to Moselundsvej 84, 3000 Helsingør
  • 14/12/2025: Moved to Nordmarksvej 23, Karlstrup, 2690 Karlslunde

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 2021–2025 · amounts in DKK thousand

Equity and net profit

−DKK 1.8m−DKK 1.6m−DKK 1.4m−DKK 1.2m−DKK 1m−DKK 800k−DKK 600k−DKK 400k−DKK 200kDKK 0DKK 200k20212022202320242025
EquityNet profit
Financial figures for M.A.D. Properties ApS
20212022202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit335113−6−233−706−203.1%
Operating profit (EBIT)188113−764−233−1,006−331.8%
Profit before tax185109−563−55−1,714−2,994.8%
Net profit14481−442−43−1,661−3,774.3%
Total assets2629,5698,1635,1681,149−77.8%
Equity184125183140−1,521−1,187.1%
Liabilities789,4447,9805,0282,670−46.9%
Cash and cash equivalents22229501040−100%
Average number of employees111110%

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 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 800k−DKK 600k−DKK 400k−DKK 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1m20212022202320242025
Gross profitMedian, the industry (476 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 1.5m 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

5 financial years
Annual reports for M.A.D. Properties ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202414/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202224/06/2023The companyPDFXBRL
202131/08/2020 – 31/12/202125/03/2022The 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.

Position in the industry

476 companies in the database

Comparison with the other companies in buying and selling of own real estate based on the latest financial year.

Gross profit−DKK 706kNo. 446 of 470
Better than 5% of the companies in the industry
Equity−DKK 1.5mNo. 458 of 476
Better than 4% of the companies in the industry
Number of employees12No. 219 of 476
Better than 54% of the companies in the industry

Industry median: gross profit DKK 911k, net profit DKK 234k, equity DKK 6.1m, 1 employees.

DKK 100kDKK 857kDKK 7.3mDKK 62.9mDKK 263.4m
Distribution of gross profit for 370 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. 68,452of 69,742
Better than 2%
No. 67,854of 69,964
Better than 3%
Same industry and fewer than 20 employees455 companies in the comparison
No. 427of 450
Better than 5%
No. 439of 455
Better than 4%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,026of 33,588
Better than 2%
No. 32,270of 33,687
Better than 4%
All companies of type ApS66,508 companies in the comparison
No. 65,382of 66,379
Better than 2%
No. 64,381of 66,505
Better than 3%

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 estate
Gross profit
  1. M.A.D. Properties ApS−DKK 706k
  2. Udviklingsselskabet Carlsberg Byen P/SDKK 538.8m
  3. Ejendomsselskabet Olav de Linde A/SDKK 438.7m
Net profit
  1. M.A.D. Properties ApS−DKK 1.7m
  2. Udviklingsselskabet Carlsberg Byen P/SDKK 452.4m
  3. Ejendomsselskabet Olav de Linde A/SDKK 51.7m
Equity
  1. M.A.D. Properties ApS−DKK 1.5m
  2. Udviklingsselskabet Carlsberg Byen P/SDKK 3bn
  3. Ejendomsselskabet Olav de Linde A/SDKK 5.2bn
Employees
  1. M.A.D. Properties ApS12
  2. Udviklingsselskabet Carlsberg Byen P/S13
  3. 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 Register
Owners
  • Philip John Vabø100%
M.A.D. Properties ApS

Management

1 active registrations

Executive management

Executive management at M.A.D. Properties ApS
NameRoleAppointed
Philip John VabøDirector01/05/2026
Founders
Aavild Consulting ApS
Former management (4)
Former management at M.A.D. Properties ApS
NameRoleAppointedResigned
Dimitri Kokolodimitrakis ØsterbyeCEO31/08/202011/07/2024
Sissel Boel HaldCEO11/07/202413/08/2025
Rolf Aavild Krasuld-HansenCEO13/08/202501/11/2025
Benny BorkDirector01/11/202501/05/2026

Signing rule: Selskabet tegnes af én direktør

Address and production units

1 active production units

Moselundsvej 84
3000 Helsingør

Helsingør Municipality · Postcode 3000

Production units
Production unitAddressEmployeesP number
M.A.D. Properties ApSMoselundsvej 84, 3000 Helsingør121026206002

Purpose

Selskabets formål er, at drive ejendomsinvestering og ejendomsudlejning samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

36 registered events
20266 changesaddress 1 · accounts 1 · management 2 · ownership 2
  • Moved to Moselundsvej 84, 3000 Helsingør
  • Annual report for 2025 published
  • Philip John Vabø appointed director
  • Benny Bork stepped down as director
  • Philip John Vabø registered as owner (100%)
  • Snyggt.dk ApS is no longer registered as owner
202510 changesaddress 1 · management 4 · ownership 4 · accounts 1
  • Moved to Nordmarksvej 23, Karlstrup, 2690 Karlslunde
  • Benny Bork appointed director
  • Rolf Aavild Krasuld-Hansen stepped down as ceo
  • Snyggt.dk ApS registered as owner (100%)
  • RAKH Holding ApS is no longer registered as owner
  • Rolf Aavild Krasuld-Hansen appointed ceo
  • Sissel Boel Hald stepped down as ceo
  • RAKH Holding ApS registered as owner (100%)
  • SBH Invest ApS is no longer registered as owner
  • Annual report for 2024 published
20245 changesmanagement 2 · ownership 2 · accounts 1
  • Sissel Boel Hald appointed ceo
  • Dimitri Kokolodimitrakis Østerbye stepped down as ceo
  • SBH Invest ApS registered as owner (100%)
  • RAKH Invest ApS is no longer registered as owner
  • Annual report for 2023 published
20234 changesaddress 1 · accounts 1 · ownership 2
  • Moved to Lille Strandstræde 6A, st. th, 1254 København K
  • Annual report for 2022 published
  • RAKH Invest ApS registered as owner (100%)
  • M.A.D. Invest ApS is no longer registered as owner
20226 changesaddress 2 · name 1 · accounts 1 · ownership 2
  • Moved to Hovedvejen 3, 1, 2600 Glostrup
  • Name changed from Delta Properties ApS to M.A.D. Properties ApS
  • Moved to Trianglen 4, 2100 København Ø
  • Annual report for 2021 published
  • M.A.D. Invest ApS registered as owner (100%)
  • Aavild Consulting ApS is no longer registered as owner
20212 changesname 1 · industry 1
  • Name changed from Active Solutions ApS to Delta Properties ApS
  • Industry changed to Køb og salg af egen fast ejendom (681000)
20203 changesfounded 1 · management 1 · ownership 1
  • Registered as Active Solutions ApS
  • Dimitri Kokolodimitrakis Østerbye appointed ceo
  • Aavild Consulting ApS registered as owner (100%)

Related companies

Same industry in Helsingør

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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