Selected Alternatives Management ApS
Private limited companyCVR 39930633København ØActive
Selected Alternatives Management ApS is a private limited company, based in København Ø, active in fund management activities, founded in 2018. Net profit rose 164% from 2024 to 2025, ending at DKK 10.1m. Measured by gross profit, it ranks no. 4 of 72 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 93% (2024 → 2025), to DKK 18.6m.
- Net profit rose 164% (2024 → 2025), to DKK 10.1m.
- Equity rose 84% (2024 → 2025), to DKK 22.1m.
Management and owners, last 24 months
- New in management: Tobias Møller Jensen (ceo, 25/06/2026).
- Stepped down: Thomas Hyldahl Filholm Kjærgaard (chair of the board, 05/11/2024), Frederik Gundorph Olesen (board member, 05/11/2024) and Pernille Ranegaard Hammer (board member, 05/11/2024) (+1).
Registrations, last 24 months
- 06/02/2026: Moved to Dampfærgevej 3, 3, 2100 København Ø
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 | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 5,514 | 9,173 | 18,138 | 9,618 | 9,620 | 18,579 | +93.1% |
| Operating profit (EBIT) | – | 7,772 | 12,744 | 2,318 | 2,028 | 10,450 | +415.3% |
| Profit before tax | 6,284 | 8,220 | 13,251 | 3,354 | 4,929 | 13,125 | +166.3% |
| Net profit | 4,897 | 6,409 | 10,286 | 2,601 | 3,826 | 10,098 | +163.9% |
| Total assets | 12,693 | 10,141 | 17,078 | 19,149 | 36,987 | 51,379 | +38.9% |
| Equity | 11,102 | 7,814 | 12,100 | 8,201 | 12,027 | 22,125 | +84% |
| Liabilities | 1,592 | 2,327 | 4,978 | 10,948 | 24,960 | 29,254 | +17.2% |
| Cash and cash equivalents | 2,070 | 6,063 | 8,921 | 2,572 | 378 | 5,480 | +1,349.9% |
| Average number of employees | – | 2 | 5 | 10 | 11 | 13 | +18.2% |
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
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five 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 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 05/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 20/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 02/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 20/05/2021 | 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
73 companies in the databaseComparison with the other companies in fund management activities based on the latest financial year.
Industry median: gross profit DKK 744k, net profit DKK 49,922, equity DKK 1.2m, 2 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. 1,701of 69,742 Better than 98% | No. 5,410of 69,964 Better than 92% |
| Same industry and fewer than 20 employees71 companies in the comparison | No. 3of 71 Better than 97% | No. 6of 71 Better than 93% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 2,215of 33,588 Better than 93% | No. 2,148of 33,687 Better than 94% |
| All companies of type ApS66,508 companies in the comparison | No. 2,694of 66,379 Better than 96% | No. 3,920of 66,505 Better than 94% |
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
Fund management activities- Selected Alternatives Management ApSDKK 18.6m
- Danica Kapitalforvaltning K/SDKK 785.8m
- Qube Research and Technologies Denmark ApSDKK 47.1m
- Selected Alternatives Management ApSDKK 10.1m
- Danica Kapitalforvaltning K/SDKK 612.8m
- Qube Research and Technologies Denmark ApSDKK 6.7m
- Selected Alternatives Management ApSDKK 22.1m
- Danica Kapitalforvaltning K/SDKK 622.8m
- Qube Research and Technologies Denmark ApSDKK 18.9m
- Selected Alternatives Management ApS16
- Danica Kapitalforvaltning K/S66
- Qube Research and Technologies Denmark ApS18
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Selected Group A/S100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Tobias Møller Jensen | CEO | 25/06/2026 |
- Founders
- Selected Group A/S
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Allan Dam Nielsen | Chair of the board | 02/10/2018 | 31/08/2021 |
| Johann Daniel Laux | Director | 02/10/2018 | 31/05/2023 |
| Johann Daniel Laux | Board member | 02/10/2018 | 31/05/2023 |
| Jan Stig Andersen | Board member | 02/10/2018 | 30/04/2023 |
| Tonny Elsberg | Chair of the board | 29/05/2022 | 31/05/2023 |
| Thomas Hyldahl Filholm Kjærgaard | Chair of the board | 31/05/2023 | 05/11/2024 |
| Frederik Gundorph Olesen | Board member | 31/05/2023 | 05/11/2024 |
| Frederik Villiam Hoff | CEO | 31/05/2023 | 28/09/2023 |
| Pernille Ranegaard Hammer | Board member | 31/05/2023 | 05/11/2024 |
| Frederik Gundorph Olesen | CEO | 28/09/2023 | 25/06/2026 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsDampfærgevej 3
2100 København Ø
København Municipality · Postcode 2100
Other companies at the address (1)
- Selected Group Services ApSComputer programming activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Selected Alternatives Management ApS | Dampfærgevej 3, 3, 2100 København Ø | 14 | 1024029650 |
Purpose
Selskabets formål er at tilbyde administration, analyser og dermed forbundne ydelser til kunderne samt enhver aktivitet der står i forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
34 registered events20264 changesaccounts 1 · management 2 · address 1
- AccountsAnnual report for 2025 published
- ManagementTobias Møller Jensen appointed ceo
- ManagementFrederik Gundorph Olesen stepped down as ceo
- AddressMoved to Dampfærgevej 3, 3, 2100 København Ø
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20245 changesmanagement 3 · address 1 · accounts 1
- ManagementThomas Hyldahl Filholm Kjærgaard stepped down as chair of the board
- ManagementFrederik Gundorph Olesen stepped down as board member
- ManagementPernille Ranegaard Hammer stepped down as board member
- AddressMoved to Esplanaden 8C, 2, 1263 København K
- AccountsAnnual report for 2023 published
202312 changesmanagement 10 · accounts 1 · address 1
- ManagementFrederik Gundorph Olesen appointed ceo
- ManagementFrederik Villiam Hoff stepped down as ceo
- AccountsAnnual report for 2022 published
- ManagementThomas Hyldahl Filholm Kjærgaard appointed chair of the board
- ManagementFrederik Gundorph Olesen appointed board member
- ManagementFrederik Villiam Hoff appointed ceo
- ManagementPernille Ranegaard Hammer appointed board member
- ManagementTonny Elsberg stepped down as chair of the board
- ManagementJohann Daniel Laux stepped down as director
- ManagementJohann Daniel Laux stepped down as board member
- ManagementJan Stig Andersen stepped down as board member
- AddressMoved to Store Torv 3C, 2, 8000 Aarhus C
20222 changesaccounts 1 · management 1
- AccountsAnnual report for 2021 published
- ManagementTonny Elsberg appointed chair of the board
20213 changesmanagement 1 · accounts 1 · name 1
- ManagementAllan Dam Nielsen stepped down as chair of the board
- AccountsAnnual report for 2020 published
- NameName changed from Norvest Management ApS to Selected Alternatives Management ApS
20191 changeaddress 1
- AddressMoved to Godthåbsvej 33, 8660 Skanderborg
20186 changesfounded 1 · management 4 · ownership 1
- FoundedRegistered as Norvest Management ApS
- ManagementJohann Daniel Laux appointed director
- ManagementJohann Daniel Laux appointed board member
- ManagementJan Stig Andersen appointed board member
- ManagementAllan Dam Nielsen appointed chair of the board
- OwnershipSelected Group A/S registered as owner (100%)
Related companies
Same industry in København
- Nykredit Portefølje Administration A/S122 employees
- Danica Kapitalforvaltning K/S66 employees
- Core Property P/S37 employees
- Bi Management A/S32 employees
- Danske Invest Management A/S30 employees
- Wealth Fund Partners A/S29 employees
Same people in management
- ECCO Sko A/Svia Jan Stig Andersen
- DK Company Vejle A/Svia Jan Stig Andersen
- Dagbladet Børsen A/Svia Frederik Gundorph Olesen
- Rains ApSvia Jan Stig Andersen
- engira A/Svia Frederik Villiam Hoff
- Clearhaus A/Svia Tonny Elsberg
Largest in the industry
- Danica Kapitalforvaltning K/SDKK 785.8m
- Qube Research and Technologies Denmark ApSDKK 47.1m
- Erhvervsinvest Management A/SDKK 33m
- Dansk Group A/SDKK 14.8m
- N2f Management ApSDKK 14.5m
- Fenja Capital Partners A/SDKK 12.1m
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.