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Pax A/S

Public limited companyCVR 27036007KertemindeActive

Pax A/S is a public limited company, based in Kerteminde, active in hotels and similar accommodation, founded in 2003. The company went from a profit in 2024 to a loss of DKK 449k in 2025.

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Key figures · financial year 2025

Gross profit−DKK 68,726
Net profit−DKK 449k−161.5% vs. 2024
EquityDKK 8.5m−10.1% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit went from a profit of DKK 730k to a loss of DKK 449k (2024 → 2025).
  • Equity fell 10% (2024 → 2025), to DKK 8.5m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Hotels and similar accommodation (551000)

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
EquityNet profit
Financial figures for Pax A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit736−86–––−69–
Operating profit (EBIT)418−360−341−344−350−347+0.8%
Profit before tax708760−6651,438936−575−161.4%
Net profit530593−5191,122730−449−161.5%
Total assets9,98410,0479,0609,6929,8628,720−11.6%
Equity9,4909,5838,5649,1869,4168,467−10.1%
Liabilities494463495506446253−43.3%
Cash and cash equivalents1,331831169155132299+126.6%
Average number of employees1111110%

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 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (542 companies)

Annual reports

6 financial years
Annual reports for Pax A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202506/01/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202411/12/2024The companyPDFXBRL
202301/10/2022 – 30/09/202318/12/2023The companyPDFXBRL
202201/10/2021 – 30/09/202202/12/2022The companyPDFXBRL
202101/10/2020 – 30/09/202106/12/2021The companyPDFXBRL
202001/10/2019 – 30/09/202004/01/2021The 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
0112209/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

542 companies in the database

Comparison with the other companies in hotels and similar accommodation based on the latest financial year.

Gross profit−DKK 68,726No. 518 of 542
Better than 4% of the companies in the industry
EquityDKK 8.5mNo. 147 of 542
Better than 73% of the companies in the industry
Number of employees2No. 460 of 542
Better than 15% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 189k, equity DKK 1.9m, 10 employees.

DKK 100kDKK 1,000kDKK 10mDKK 100mDKK 464m
Distribution of gross profit for 507 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. 65,436of 69,742
Better than 6%
No. 10,081of 69,964
Better than 86%
Same industry and fewer than 20 employees239 companies in the comparison
No. 225of 239
Better than 6%
No. 39of 239
Better than 84%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 23,292of 24,791
Better than 6%
No. 7,375of 24,909
Better than 70%
All companies of type A/S18,025 companies in the comparison
No. 16,801of 17,786
Better than 6%
No. 9,404of 18,024
Better than 48%

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

Hotels and similar accommodation
Gross profit
  1. Pax A/S−DKK 68,726
  2. Arp-hansen Hotel Group A/SDKK 999.5m
  3. Scandic Hotel A/SDKK 904.8m
Net profit
  1. Pax A/S−DKK 449k
  2. Arp-hansen Hotel Group A/SDKK 265.6m
  3. Scandic Hotel A/SDKK 127.5m
Equity
  1. Pax A/SDKK 8.5m
  2. Arp-hansen Hotel Group A/SDKK 4.6bn
  3. Scandic Hotel A/SDKK 528.7m
Employees
  1. Pax A/S2
  2. Arp-hansen Hotel Group A/S1,005
  3. Scandic Hotel A/S2,569

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
  • Axel Stemann Larsen100%
Pax A/S

Management

4 active registrations

Executive management

Executive management at Pax A/S
NameRoleAppointed
Axel Stemann LarsenDirector26/02/2003

Board of directors

Board of directors at Pax A/S
NameRoleAppointed
Axel Stemann LarsenBoard member26/02/2003
Birgitte LarsenBoard member26/02/2003
Lone StemannBoard member15/02/2018
Founders
Axel Stemann Larsen
Former management (1)
Former management at Pax A/S
NameRoleAppointedResigned
Viggo Finn ChristiansenBoard member26/02/200315/02/2018

Signing rule: Selskabet tegnes af en direktør eller af 2 bestyrelsesmedlemmer i forening

Address and production units

1 active production units

Klintevej 27A
5300 Kerteminde

Kerteminde Municipality · Postcode 5300

Production units
Production unitAddressEmployeesP number
PAX A/SKlintevej 27A, 5300 Kerteminde21009726140

Purpose

Selskabets formål er investering i samt udlejning af fast ejendom, administration og dermed tilknyttet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

22 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeindustry 1
  • Industry changed to Hotels and similar accommodation (551000)
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20212 changesaccounts 2
  • Annual report for 2021 published
  • Annual report for 2020 published
20191 changeaddress 1
  • Moved to Klintevej 27A, 5300 Kerteminde
20182 changesmanagement 2
  • Lone Stemann appointed board member
  • Viggo Finn Christiansen stepped down as board member
20091 changemerger 1
  • Merger registered in CVR
20082 changesindustry 2
  • Industry changed to Hoteller (551010)
  • Industry changed to Uoplyst (999999)
20072 changesaddress 2
  • Moved to Klintevej 27A, 5300 Kerteminde
  • Moved to Kohaven 14B, 5300 Kerteminde
20051 changeaddress 1
  • Moved to Kohaven 14B, 5300 Kerteminde
20036 changesfounded 1 · management 4 · ownership 1
  • Registered as PAX A/S
  • Viggo Finn Christiansen appointed board member
  • Axel Stemann Larsen appointed board member
  • Axel Stemann Larsen appointed director
  • Birgitte Larsen appointed board member
  • Axel Stemann Larsen registered as owner (100%)

Related companies

Same industry in Kerteminde

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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