Sf-m ApS
Private limited companyCVR 38757946København VActive
Sf-m ApS is a private limited company, based in København V, active in management of real estate on a contract basis, founded in 2017. The company went from a profit in 2024 to a loss of DKK 341k in 2025. With 17 employees, the company is about 6 times larger than the industry median. Equity fell to DKK 1.8m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit went from a profit of DKK 436k to a loss of DKK 341k (2024 → 2025).
- Equity fell 16% (2024 → 2025), to DKK 1.8m.
Employees
- 2 more employees than a year earlier: 17 (07/2026) against 15 (07/2025).
Management and owners, last 24 months
- New in management: Thomas Lund (chair of the board, 28/07/2025) and Jacob Nowak Chemnitz (ceo, 15/07/2026).
- Stepped down: Thomas Esben Khan (ceo, 15/07/2026) and Henrik Skriver (chair of the board, 28/07/2025).
- New owners registered: SF Group Holding S.a.r.l. (15/07/2026).
- No longer registered as owner: SF Management II S.à.r.l. (15/07/2026).
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 | 7,859 | 6,064 | 8,259 | 9,748 | 10,339 | 10,342 | +0% |
| Operating profit (EBIT) | −549 | −1,068 | −2,429 | −776 | 394 | −1,486 | −477% |
| Profit before tax | −752 | −1,279 | 176 | −903 | 630 | −1,096 | −274% |
| Net profit | −698 | −978 | −29 | −891 | 436 | −341 | −178.1% |
| Total assets | 10,394 | 7,276 | 8,151 | 9,965 | 8,238 | 7,188 | −12.7% |
| Equity | 505 | 527 | 498 | 707 | 2,093 | 1,752 | −16.3% |
| Liabilities | 9,890 | 6,749 | 7,653 | 9,259 | 6,145 | 5,436 | −11.5% |
| Cash and cash equivalents | 6,493 | 2,611 | 2,140 | 2,815 | 4,557 | 2,472 | −45.8% |
| Average number of employees | 10 | 10 | 12 | 13 | 12 | 14 | +16.7% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 08/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 18/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 28/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 04/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 01/06/2021 | 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
332 companies in the databaseComparison with the other companies in management of real estate on a contract basis based on the latest financial year.
Industry median: gross profit DKK 2.6m, net profit DKK 401k, equity DKK 3.8m, 3 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. 4,554of 69,742 Better than 93% | No. 26,088of 69,964 Better than 63% |
| Same industry and fewer than 20 employees278 companies in the comparison | No. 31of 274 Better than 89% | No. 159of 278 Better than 43% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 4,217of 33,588 Better than 87% | No. 11,648of 33,687 Better than 65% |
| All companies of type ApS66,508 companies in the comparison | No. 5,842of 66,379 Better than 91% | No. 22,160of 66,505 Better than 67% |
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
Management of real estate on a contract basis- Sf-m ApSDKK 10.3m
- Balder Danmark A/SDKK 615.8m
- Deas A/SDKK 348.2m
- Sf-m ApS−DKK 341k
- Balder Danmark A/SDKK 765.8m
- Deas A/S−DKK 84.5m
- Sf-m ApSDKK 1.8m
- Balder Danmark A/SDKK 6.4bn
- Deas A/SDKK 45.9m
- Sf-m ApS17
- Balder Danmark A/S108
- Deas A/S503
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- SF Group Holding S.a.r.l.100%
Management
3 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jacob Nowak Chemnitz | CEO | 15/07/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Thomas Esben Khan | Board member | 30/06/2017 |
| Thomas Lund | Chair of the board | 28/07/2025 |
- Founders
- SF Management S.à r.l.
Former management (5)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Henrik Lið | Board member | 30/06/2017 | 04/10/2017 |
| Kristian Foss | CEO | 30/06/2017 | 10/09/2018 |
| Kristian Foss | Board member | 04/10/2017 | 13/11/2018 |
| Thomas Esben Khan | CEO | 10/09/2018 | 15/07/2026 |
| Henrik Skriver | Chair of the board | 05/02/2019 | 28/07/2025 |
Signing rule: Selskabet tegnes af direktøren alene eller 2 bestyrelsesmedlemmer i forening
Address and production units
1 active production unitsKalvebod Brygge 39
1560 København V
København Municipality · Postcode 1560
Other companies at the address (4)
- SF Family Office Real Estate ApSManagement of real estate on a contract basis
- SF Fore ApSManagement of real estate on a contract basis
- Kærskifte Holding ApSOther renting of housing
- SF Advisory ApSBusiness and other management consultancy activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SF-M ApS | Kalvebod Brygge 39, 4, 1560 København V | 17 | 1022596930 |
Purpose
Selskabets formål er at administrere og eje andele af en ejendomsportefølje samt dermed beslægtet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
27 registered events20265 changesmanagement 2 · ownership 2 · accounts 1
- ManagementJacob Nowak Chemnitz appointed ceo
- ManagementThomas Esben Khan stepped down as ceo
- OwnershipSF Group Holding S.a.r.l. registered as owner (100%)
- OwnershipSF Management II S.à.r.l. is no longer registered as owner
- AccountsAnnual report for 2025 published
20253 changesmanagement 2 · accounts 1
- ManagementThomas Lund appointed chair of the board
- ManagementHenrik Skriver stepped down as chair of the board
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20214 changesownership 2 · accounts 1 · address 1
- OwnershipSF Management II S.à.r.l. registered as owner (100%)
- OwnershipSF Management S.à r.l. is no longer registered as owner
- AccountsAnnual report for 2020 published
- AddressMoved to Kalvebod Brygge 39, 4, 1560 København V
20201 changeaddress 1
- AddressMoved to Kalvebod Brygge 39, st, 1560 København V
20191 changemanagement 1
- ManagementHenrik Skriver appointed chair of the board
20183 changesmanagement 3
- ManagementKristian Foss stepped down as board member
- ManagementThomas Esben Khan appointed ceo
- ManagementKristian Foss stepped down as ceo
20177 changesmanagement 5 · founded 1 · ownership 1
- ManagementKristian Foss appointed board member
- ManagementHenrik Lið stepped down as board member
- FoundedRegistered as SF-M ApS
- ManagementHenrik Lið appointed board member
- ManagementThomas Esben Khan appointed board member
- ManagementKristian Foss appointed ceo
- OwnershipSF Management S.à r.l. registered as owner (100%)
Related companies
Same industry in København
- Deas A/S503 employees
- CBRE GWS Denmark ApS480 employees
- Heimstaden Denmark A/S215 employees
- INNA Danmark A/S201 employees
- Balder Danmark A/S108 employees
- Akf Holding A/S78 employees
Same people in management
- M. Goldschmidt Ejendomme A/Svia Henrik Lið
- Elas A/Svia Kristian Foss
- M. Goldschmidt Holding A/Svia Henrik Lið
- Turner & Townsend JUM-BO Consulting Group A/Svia Kristian Foss
- Danish Aerospace and Defence Company A/Svia Henrik Lið
- HL Management A/Svia Henrik Lið
Largest in the industry
- Balder Danmark A/SDKK 615.8m
- Deas A/SDKK 348.2m
- Newsec Property Asset Management Denmark A/SDKK 327.2m
- Ista Danmark A/SDKK 265.4m
- Brunata A/SDKK 248.7m
- Techem Danmark A/SDKK 172m
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.