SATS Danmark A/S
Public limited companyCVR 20370599Kongens LyngbyActive
SATS Danmark A/S is a public limited company, based in Kongens Lyngby, active in fitness facilities, founded in 1997. Equity was negative at the end of 2025 (−DKK 478.8m). Measured by gross profit, it ranks no. 2 of 361 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 24.5m.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 18% (2024 → 2025), to DKK 159.5m.
- Revenue rose 8% (2024 → 2025), to DKK 390.5m.
- The loss got smaller: from DKK 37.8m to DKK 24.5m (2024 → 2025).
Employees
- 14 more employees than a year earlier: 965 (07/2026) against 951 (07/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Fitness facilities (931300)
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 | 279,586 | 246,531 | 297,743 | 347,195 | 362,494 | 390,532 | +7.7% |
| Gross profit | 5,043 | 34,489 | 48,125 | 118,689 | 134,859 | 159,507 | +18.3% |
| Operating profit (EBIT) | −116,737 | −70,588 | −69,851 | −14,964 | −10,706 | 2,062 | +119.3% |
| Profit before tax | −175,783 | −85,320 | −93,434 | −43,602 | −37,773 | −24,482 | +35.2% |
| Net profit | −175,783 | −85,320 | −93,434 | −43,602 | −37,773 | −24,482 | +35.2% |
| Total assets | 172,948 | 142,037 | 147,036 | 151,559 | 157,287 | 153,464 | −2.4% |
| Equity | −194,224 | −279,543 | −372,977 | −416,579 | −454,352 | −478,834 | −5.4% |
| Liabilities | 358,710 | 413,119 | 510,184 | 559,402 | 603,208 | 621,761 | +3.1% |
| Cash and cash equivalents | 855 | 196 | 44 | 72 | 60 | 86 | +43.3% |
| Average number of employees | 192 | 206 | 212 | 237 | 263 | 228 | −13.3% |
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.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 478.8m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 6 years in a row
Net result has been negative in 2020–2025.
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 | 27/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 21/05/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 17/06/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 28/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 11/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 21/06/2021 | 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
361 companies in the databaseComparison with the other companies in fitness facilities based on the latest financial year.
Industry median: gross profit DKK 939k, net profit DKK 118k, equity DKK 203k, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 500–999 employees207 companies in the comparison | No. 148of 189 Better than 22% | No. 206of 207 Better than 0% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 433of 24,791 Better than 98% | No. 24,908of 24,909 Better than 0% |
| All companies of type A/S18,025 companies in the comparison | No. 1,006of 17,786 Better than 94% | No. 18,017of 18,024 Better than 0% |
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
Fitness facilities- SATS Danmark A/SDKK 159.5m
- Pure Gym Denmark A/SDKK 544.3m
- FitnessX A/SDKK 113.9m
- SATS Danmark A/S−DKK 24.5m
- Pure Gym Denmark A/SDKK 120.5m
- FitnessX A/SDKK 34.8m
- SATS Danmark A/S−DKK 478.8m
- Pure Gym Denmark A/SDKK 181.4m
- FitnessX A/SDKK 164.6m
- SATS Danmark A/S965
- Pure Gym Denmark A/S1,676
- FitnessX A/S634
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- SATS Holding AB100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Thorbjørn Foldager Milling | CEO | 01/06/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Cecilie Haugen Elde | Chair of the board | 31/08/2018 |
| Sondre Gravir | Board member | 14/09/2021 |
| Thorbjørn Foldager Milling | Board member | 01/06/2024 |
- Founders
- Susan Jeanette Søgaard Hansen, Ole Graubæk
Former management (35)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Susan Jeanette Søgaard Hansen | Director | 30/06/1997 | 17/01/2006 |
| Ole Graubæk | Director | 30/06/1997 | 17/01/2006 |
| Michael Lexner | Board member | 27/03/2006 | 15/09/2006 |
| Søren Elmann Ingerslev | Board member | 27/03/2006 | 26/02/2009 |
| Hans Henrik Palm | Board member | 20/11/2006 | 26/02/2009 |
| Rasmus Elmann Ingerslev | CEO | 20/11/2006 | 20/02/2008 |
| Leif Christensen | Board member | 20/02/2008 | 26/02/2009 |
| Dan Hammer | Chair of the board | 20/02/2008 | 06/09/2010 |
| Jørgen Glistrup | Board member | 20/02/2008 | 26/02/2009 |
| Steen Keller | CEO | 20/02/2008 | 01/02/2010 |
| Rasmus Elmann Ingerslev | Board member | 20/02/2008 | 02/10/2008 |
| Anders Hørsholt | Board member | 26/02/2009 | 26/11/2010 |
| Anders Hørsholt | CEO | 01/02/2010 | 15/07/2011 |
| Lotte Reimar | Board member | 06/09/2010 | 26/11/2010 |
| Jan Sten Hansen | Chair of the board | 06/09/2010 | 26/11/2010 |
| Karl Peter Korsgaard Sørensen | Board member | 26/11/2010 | 31/08/2018 |
| Henrik Møgelmose | Board member | 26/11/2010 | 31/08/2018 |
| Erik Jensen Skjærbæk | Board member | 26/11/2010 | 31/08/2018 |
| Jørgen Lindegaard | Board member | 26/11/2010 | 11/04/2011 |
| Hans Munk Nielsen | Chair of the board | 26/11/2010 | 08/04/2013 |
| Benny Peter Olsen | Board member | 26/11/2010 | 31/08/2018 |
| Niels-Christian Holmstrøm | Board member | 26/11/2010 | 31/08/2018 |
| Line Sissel Vildrik Saletta | CEO | 15/07/2011 | 02/07/2013 |
| John Staunsbjerg Dueholm | Chair of the board | 08/04/2013 | 15/04/2015 |
| Karina Kjær Deacon | Board member | 08/04/2013 | 27/04/2017 |
| Thomas Bagge Olesen | CEO | 26/08/2013 | 30/09/2015 |
| Bo Rygaard | Chair of the board | 15/04/2015 | 31/08/2018 |
| Jakob Hansen | CEO | 01/10/2015 | 19/11/2019 |
| Finn Louis Meyer | Board member | 27/04/2017 | 31/08/2018 |
| Jakob Hansen | Board member | 31/08/2018 | 19/11/2019 |
| Tom Christian Jovik | Board member | 31/08/2018 | 14/09/2021 |
| Lena Linda-Li Cederroth | Board member | 19/11/2019 | 20/06/2022 |
| Lena Linda-Li Cederroth | CEO | 19/11/2019 | 20/06/2022 |
| Kim Trier Meyer | Board member | 20/06/2022 | 31/05/2024 |
| Kim Trier Meyer | CEO | 20/06/2022 | 31/05/2024 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem, af to medlemmer af bestyrelsen i forening eller af den samlede bestyrelse i forening.
Address and production units
29 active production unitsKanalvej 1
2800 Kongens Lyngby
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SATS Danmark A/S (Lyngby - Kanalvej) | Kanalvej 1, 2800 Kongens Lyngby | 67 | 1025869601 |
| SATS KBH - Field's | Arne Jacobsens Allé 12, 2300 København S | 51 | 1010878760 |
| SATS KBH - Nygårdsvej | Nygårdsvej 5, 2100 København Ø | 50 | 1014186324 |
| SATS KBH - Valby | Valby Torvegade 17, 2500 Valby | 45 | 1014839352 |
| SATS Helsingør | Rønnebær Alle 110E, 3000 Helsingør | 44 | 1008966695 |
| SATS KBH - Fisketorvet | Kalvebod Brygge 59, 1560 København V | 43 | 1018060767 |
| SATS FRB - Falkoner | Falkoner Plads 1, 2000 Frederiksberg | 40 | 1011022983 |
| SATS KBH - BLOX | Christians Brygge 25, 1219 København K | 40 | 1023318632 |
| SATS KBH - Adelgade | Adelgade 5-55, 1304 København K | 39 | 1014186405 |
| SATS KBH - Nørrebro | Frederikssundsvej 5, 2, 2400 København NV | 39 | 1004799817 |
| SATS Birkerød | Bistrupvej 1, 3460 Birkerød | 38 | 1014186146 |
| SATS Hørsholm | Kammerrådensvej 2, 2970 Hørsholm | 36 | 1020841393 |
| SATS KBH - Amager Strand | Amager Strandvej 108, 2300 København S | 36 | 1020149570 |
| SATS Taastrup | Cityringen 2, Høje Taastrup, 2630 Taastrup | 32 | 1014839689 |
| SATS KBH - Parken | Øster Allé 42, st, 2100 København Ø | 30 | 1026371631 |
Showing 15 of 29 units (sorted by employees).
Purpose
Selskabets formål er at drive virksomhed indenfor fitness samt hertil relaterede ydelser.
The purpose is quoted from the register in Danish.
Changes year by year
106 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Fitness facilities (931300)
20245 changesaccounts 1 · management 4
- AccountsAnnual report for 2023 published
- ManagementThorbjørn Foldager Milling appointed board member
- ManagementThorbjørn Foldager Milling appointed ceo
- ManagementKim Trier Meyer stepped down as board member
- ManagementKim Trier Meyer stepped down as ceo
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20225 changesmanagement 4 · accounts 1
- ManagementKim Trier Meyer appointed board member
- ManagementKim Trier Meyer appointed ceo
- ManagementLena Linda-Li Cederroth stepped down as ceo
- ManagementLena Linda-Li Cederroth stepped down as board member
- AccountsAnnual report for 2021 published
20213 changesmanagement 2 · accounts 1
- ManagementSondre Gravir appointed board member
- ManagementTom Christian Jovik stepped down as board member
- AccountsAnnual report for 2020 published
20204 changesownership 2 · address 2
- OwnershipSATS Holding AB registered as owner (100%)
- OwnershipRUN HOLDING AS is no longer registered as owner
- AddressMoved to Kanalvej 1, 2800 Kongens Lyngby
- AddressMoved to Øster Allé 42, 6. tv, 2100 København Ø
20197 changesmanagement 4 · ownership 2 · merger 1
- ManagementLena Linda-Li Cederroth appointed ceo
- ManagementLena Linda-Li Cederroth appointed board member
- ManagementJakob Hansen stepped down as board member
- ManagementJakob Hansen stepped down as ceo
- OwnershipRUN HOLDING AS registered as owner (100%)
- MergerMerger registered in CVR
- OwnershipSATS Danmark Holding A/S is no longer registered as owner
201812 changesname 1 · management 10 · address 1
- NameName changed from FITNESS DK A/S to SATS Danmark A/S
- ManagementJakob Hansen appointed board member
- ManagementCecilie Haugen Elde appointed chair of the board
- ManagementTom Christian Jovik appointed board member
- ManagementFinn Louis Meyer stepped down as board member
- ManagementBo Rygaard stepped down as chair of the board
- ManagementKarl Peter Korsgaard Sørensen stepped down as board member
- ManagementHenrik Møgelmose stepped down as board member
- ManagementErik Jensen Skjærbæk stepped down as board member
- ManagementBenny Peter Olsen stepped down as board member
- ManagementNiels-Christian Holmstrøm stepped down as board member
- AddressMoved to Øster Allé 42, 5. tv, 2100 København Ø
20172 changesmanagement 2
- ManagementFinn Louis Meyer appointed board member
- ManagementKarina Kjær Deacon stepped down as board member
20155 changesmanagement 4 · merger 1
- ManagementJakob Hansen appointed ceo
- ManagementThomas Bagge Olesen stepped down as ceo
- ManagementBo Rygaard appointed chair of the board
- ManagementJohn Staunsbjerg Dueholm stepped down as chair of the board
- MergerMerger registered in CVR
20135 changesmanagement 5
- ManagementThomas Bagge Olesen appointed ceo
- ManagementLine Sissel Vildrik Saletta stepped down as ceo
- ManagementKarina Kjær Deacon appointed board member
- ManagementJohn Staunsbjerg Dueholm appointed chair of the board
- ManagementHans Munk Nielsen stepped down as chair of the board
20113 changesmanagement 3
- ManagementLine Sissel Vildrik Saletta appointed ceo
- ManagementAnders Hørsholt stepped down as ceo
- ManagementJørgen Lindegaard stepped down as board member
201016 changesmanagement 15 · address 1
- ManagementHans Munk Nielsen appointed chair of the board
- ManagementKarl Peter Korsgaard Sørensen appointed board member
- ManagementHenrik Møgelmose appointed board member
- ManagementErik Jensen Skjærbæk appointed board member
- ManagementJørgen Lindegaard appointed board member
- ManagementBenny Peter Olsen appointed board member
- ManagementNiels-Christian Holmstrøm appointed board member
- ManagementJan Sten Hansen stepped down as chair of the board
- ManagementLotte Reimar stepped down as board member
- ManagementAnders Hørsholt stepped down as board member
- ManagementJan Sten Hansen appointed chair of the board
- ManagementLotte Reimar appointed board member
- ManagementDan Hammer stepped down as chair of the board
- AddressMoved to Per Henrik Lings Allé 2, 6, 2100 København Ø
- ManagementAnders Hørsholt appointed ceo
- ManagementSteen Keller stepped down as ceo
20095 changesmanagement 5
- ManagementAnders Hørsholt appointed board member
- ManagementLeif Christensen stepped down as board member
- ManagementJørgen Glistrup stepped down as board member
- ManagementHans Henrik Palm stepped down as board member
- ManagementSøren Elmann Ingerslev stepped down as board member
200813 changesname 2 · ownership 1 · management 7 · capital 1 · merger 1 · industry 1
- NameName changed from FITNESS.DK A/S to FITNESS DK A/S
- OwnershipSATS Danmark Holding A/S registered as owner (100%)
- ManagementRasmus Elmann Ingerslev stepped down as board member
- CapitalShare capital changed from 2,055,846 DKK to 2,062,000 DKK
- MergerMerger registered in CVR
- NameName changed from FITNESS.DK ApS to FITNESS.DK A/S
- ManagementLeif Christensen appointed board member
- ManagementDan Hammer appointed chair of the board
- ManagementRasmus Elmann Ingerslev appointed board member
- ManagementSteen Keller appointed ceo
- ManagementJørgen Glistrup appointed board member
- ManagementRasmus Elmann Ingerslev stepped down as ceo
- IndustryIndustry changed to Fitness facilities (931300)
20073 changesname 1 · capital 1 · merger 1
- NameName changed from FITNESS.DK, HWS ApS to FITNESS.DK ApS
- CapitalShare capital changed from 770,000 DKK to 2,055,846 DKK
- MergerMerger registered in CVR
200610 changesmanagement 7 · address 2 · name 1
- ManagementRasmus Elmann Ingerslev appointed ceo
- ManagementHans Henrik Palm appointed board member
- AddressMoved to Øster Allé 56, 4, 2100 København Ø
- ManagementMichael Lexner stepped down as board member
- AddressMoved to Nygårdsvej 5, 2100 København Ø
- NameName changed from HWS ApS to FITNESS.DK, HWS ApS
- ManagementSøren Elmann Ingerslev appointed board member
- ManagementMichael Lexner appointed board member
- ManagementOle Graubæk stepped down as director
- ManagementSusan Jeanette Søgaard Hansen stepped down as director
20011 changeaddress 1
- AddressMoved to Frederikssundsvej 5, 2, 2400 København NV
19973 changesfounded 1 · management 2
- FoundedRegistered as HWS ApS
- ManagementOle Graubæk appointed director
- ManagementSusan Jeanette Søgaard Hansen appointed director
Related companies
Same industry in Lyngby-Taarbæk
- Fitness Farum ApS29 employees
- Train ApS24 employees
- The Core House ApS6 employees
Same people in management
- Coop Danmark A/Svia Thomas Bagge Olesen
- ISS Facility Services A/Svia John Staunsbjerg Dueholm
- Falck Danmark A/Svia John Staunsbjerg Dueholm
- Bygma A/Svia Henrik Møgelmose
- Sweco Danmark A/Svia Hans Munk Nielsen
- EY Godkendt Revisionspartnerselskabvia Henrik Møgelmose
Largest in the industry
- Pure Gym Denmark A/SDKK 544.3m
- FitnessX A/SDKK 113.9m
- Fitness & Dreams ApSDKK 24.2m
- Arca ApSDKK 21.2m
- Well-come Fitness K/SDKK 19.2m
- CPH Cirkel Fitness ApSDKK 17.6m
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 23/10/2026.