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Selected Car Group A/S

Public limited companyCVR 41723750MiddelfartActive

Selected Car Group A/S is a public limited company, based in Middelfart, active in activities of non-financial head offices, founded in 2020. Net profit rose 24% from 2025 to 2026, ending at DKK 21.5m. Profit has grown three years in a row. Equity fell to DKK 320m in 2026.

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Key figures · financial year 2026

RevenueDKK 2bn−32.2% vs. 2025
Net profitDKK 21.5m+24.2% vs. 2025
EquityDKK 320m−15.9% vs. 2025
Employees20latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 20% (2025 → 2026), to DKK 175.6m.
  • Revenue fell 32% (2025 → 2026), to DKK 2bn.
  • Net profit rose 24% (2025 → 2026), to DKK 21.5m.
  • Equity fell 16% (2025 → 2026), to DKK 320m.

Employees

  • 3 more employees than a year earlier: 20 (07/2026) against 17 (07/2025).

Management and owners, last 24 months

  • New in management: Steen Borgholm (ceo, 16/02/2026) and Niels Erik Jakobsen (board member, 30/06/2026).
  • Stepped down: Jens Christian Tangbæk (ceo, 16/02/2026).

Registrations, last 24 months

  • 19/11/2025: Moved to Stensgårdvej 17, 5500 Middelfart
  • 16/06/2025: Industry changed to Activities of non-financial head offices (701010)

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 2021–2026 · amounts in DKK thousand

Equity and net profit

−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300mDKK 350mDKK 400m202120222023202420252026
EquityNet profit
Financial figures for Selected Car Group A/S
202120222023202420252026Change
Revenuenot statednot stated2,602,4952,736,6952,911,0351,974,438−32.2%
Gross profit−3−84166,407228,906220,249175,647−20.3%
Operating profit (EBIT)––67,229101,54994,82438,322−59.6%
Profit before tax−3−8430,5434,09521,26227,552+29.6%
Net profit−2−6624,1022,77117,29721,475+24.2%
Total assets401209,5362,527,2092,730,7682,291,248918,425−59.9%
Equity398209,492298,491326,725380,267319,986−15.9%
Liabilities3442,228,7182,404,0431,910,981598,439−68.7%
Cash and cash equivalents––84,14227,64629,35620,473−30.3%
Average number of employees11–––––

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: 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 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202120222023202420252026
Gross profitMedian, the industry (310 companies)

Annual reports

6 financial years
Annual reports for Selected Car Group A/S
Financial yearPeriodPublishedFigures forDocuments
202601/05/2025 – 30/04/202602/07/2026The companyPDF not statedXBRL
202501/05/2024 – 30/04/202502/07/2025The companyPDF not statedXBRL
202401/05/2023 – 30/04/202426/06/2024The companyPDF not statedXBRL
202301/05/2022 – 30/04/202330/06/2023The companyPDF not statedXBRL
202201/05/2021 – 30/04/202204/07/2022The companyPDFXBRL
202130/09/2020 – 30/04/202102/07/2021The 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
0510152008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

310 companies in the database

Comparison with the other companies in activities of non-financial head offices based on the latest financial year.

Gross profitDKK 175.6mNo. 62 of 276
Better than 78% of the companies in the industry
EquityDKK 320mNo. 132 of 310
Better than 58% of the companies in the industry
Number of employees20No. 200 of 310
Better than 36% of the companies in the industry

Industry median: gross profit DKK 31.9m, net profit DKK 3.9m, equity DKK 179.4m, 49 employees.

DKK 100kDKK 2.7mDKK 75.2mDKK 2.1bnDKK 18.8bnHere
Distribution of gross profit for 235 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 20–49 employees9,922 companies in the comparison
No. 69of 9,892
Better than 99%
No. 139of 9,922
Better than 99%
Same industry and 20–49 employees60 companies in the comparison
No. 13of 53
Better than 77%
No. 35of 60
Better than 42%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 181of 33,588
Better than 99%
No. 269of 33,687
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 904of 17,786
Better than 95%
No. 997of 18,024
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

Activities of non-financial head offices
Gross profit
  1. Selected Car Group A/SDKK 175.6m
  2. LEGO A/SDKK 56.6bn
  3. Demant A/SDKK 17.4bn
Net profit
  1. Selected Car Group A/SDKK 21.5m
  2. LEGO A/SDKK 16.7bn
  3. Demant A/SDKK 1.5bn
Equity
  1. Selected Car Group A/SDKK 320m
  2. LEGO A/SDKK 49.3bn
  3. Demant A/SDKK 9.9bn
Employees
  1. Selected Car Group A/S20
  2. LEGO A/S5
  3. Demant A/S58

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
Selected Car Group A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

8 active registrations

Executive management

Executive management at Selected Car Group A/S
NameRoleAppointed
Dennis Vestergaard HansenDirector01/07/2023
Steen BorgholmCEO16/02/2026

Board of directors

Board of directors at Selected Car Group A/S
NameRoleAppointed
Torben Østergaard NielsenBoard member24/05/2022
Jacob BrunsborgBoard member24/05/2022
Mikkel Thomsen HammershøjChair of the board24/05/2022
Thomas Heltborg JuulBoard member27/06/2022
Jesper LundBoard member30/08/2024
Niels Erik JakobsenBoard member30/06/2026
Founders
Northflare Energy Holding A/S
Former management (8)
Former management at Selected Car Group A/S
NameRoleAppointedResigned
Torben Østergaard NielsenChair of the board30/09/202023/05/2022
Nina ØstergaardBoard member30/09/202024/05/2022
Jakob Schultz NielsenCEO30/09/202025/05/2022
Jakob Schultz NielsenBoard member30/09/202024/05/2022
Carsten Greve IversenBoard member24/05/202230/08/2024
Ulrik LarsenCEO25/05/202201/07/2023
Ulrik NødgaardBoard member27/06/202214/08/2024
Jens Christian TangbækCEO01/07/202316/02/2026

Signing rule: Selskabet tegnes af en direktør, bestyrelsesformanden og Jesper Lund i forening eller af den samlede bestyrelse.

Address and production units

2 active production units

Stensgårdvej 17
5500 Middelfart

Middelfart Municipality · Postcode 5500

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
Selected Car Group A/SStensgårdvej 17, 5500 Middelfart171028969151
Selected Car Group A/SKejlstrupvej 87, 8600 Silkeborg21029136145

Purpose

Selskabets formål er køb, salg, leasing og finansiering af nye og brugte motorkøretøjer, at besidde kapitalandele og foretage anden investeringsvirksomhed, samt al anden virksomhed, som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
20264 changesaccounts 1 · management 3
  • Annual report for 2026 published
  • Niels Erik Jakobsen appointed board member
  • Steen Borgholm appointed ceo
  • Jens Christian Tangbæk stepped down as ceo
20253 changesaddress 1 · accounts 1 · industry 1
  • Moved to Stensgårdvej 17, 5500 Middelfart
  • Annual report for 2025 published
  • Industry changed to Activities of non-financial head offices (701010)
20244 changesmanagement 3 · accounts 1
  • Jesper Lund appointed board member
  • Carsten Greve Iversen stepped down as board member
  • Ulrik Nødgaard stepped down as board member
  • Annual report for 2024 published
20234 changesmanagement 3 · accounts 1
  • Jens Christian Tangbæk appointed ceo
  • Dennis Vestergaard Hansen appointed director
  • Ulrik Larsen stepped down as ceo
  • Annual report for 2023 published
202219 changesaccounts 1 · management 11 · capital 2 · ownership 3 · name 1 · industry 1
  • Annual report for 2022 published
  • Ulrik Nødgaard appointed board member
  • Thomas Heltborg Juul appointed board member
  • Ulrik Larsen appointed ceo
  • Jakob Schultz Nielsen stepped down as ceo
  • Share capital changed from 764,542 DKK to 1,100,000 DKK
  • Torben Østergaard Nielsen appointed board member
  • Carsten Greve Iversen appointed board member
  • Jacob Brunsborg appointed board member
  • Mikkel Thomsen Hammershøj appointed chair of the board
  • Jakob Schultz Nielsen stepped down as board member
  • Nina Østergaard stepped down as board member
  • SELFINVEST ApS registered as owner (50%)
  • Lars Larsen Group A/S registered as owner (50%)
  • Torben Østergaard Nielsen stepped down as chair of the board
  • SELFINVEST ApS is no longer registered as owner
  • Name changed from Aktieselskabet af 28. september 2020 to Selected Car Group A/S
  • Industry changed to Ikke-finansielle holdingselskaber (642020)
  • Share capital changed from 400,000 DKK to 764,542 DKK
20213 changesaccounts 1 · ownership 2
  • Annual report for 2021 published
  • SELFINVEST ApS registered as owner (100%)
  • Northflare Energy Holding A/S is no longer registered as owner
20206 changesfounded 1 · management 4 · ownership 1
  • Registered as Aktieselskabet af 28. september 2020
  • Torben Østergaard Nielsen appointed chair of the board
  • Jakob Schultz Nielsen appointed board member
  • Jakob Schultz Nielsen appointed ceo
  • Nina Østergaard appointed board member
  • Northflare Energy Holding A/S registered as owner (100%)

Related companies

Same industry in Middelfart

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Same people in management

Largest in the industry

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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.

View in CVRReport a correction