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Thybo Ejendomsudvikling A/S

Public limited companyCVR 32676014Aarhus CActive

Thybo Ejendomsudvikling A/S is a public limited company, based in Aarhus C, active in development of building projects, founded in 2009. Net profit rose 9% from 2024 to 2025, ending at DKK 21m. With 13 employees, the company is about 4 times larger than the industry median. Equity grew to DKK 96.6m in 2025.

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Key figures · financial year 2025

Gross profitDKK 1.9m−82.4% vs. 2024
Net profitDKK 21m+8.6% vs. 2024
EquityDKK 96.6m+15.6% vs. 2024
Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 82% (2024 → 2025), to DKK 1.9m.
  • Net profit rose 9% (2024 → 2025), to DKK 21m.
  • Equity rose 16% (2024 → 2025), to DKK 96.6m.

Employees

  • 1 more employees than a year earlier: 13 (08/2026) against 12 (08/2025).

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 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for Thybo Ejendomsudvikling A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,0709,072−7,774−13110,9741,927−82.4%
Operating profit (EBIT)2,7615,136−12,986−6,3454,344−7,051−262.3%
Profit before tax5,42121,28116,74620,21320,56519,425−5.5%
Net profit4,95919,62620,05221,63419,34321,004+8.6%
Total assets86,78692,406153,563131,142154,011184,279+19.7%
Equity22,96441,39059,64276,27683,61996,623+15.6%
Liabilities63,82251,01693,92140,95456,49653,068−6.1%
Cash and cash equivalents3,0904,77510,5098,8826,0337,236+19.9%
Average number of employees4667810+25%

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 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (295 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Thybo Ejendomsudvikling A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202519/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202416/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202325/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202222/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202115/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202005/07/2021The 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
0246810121409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

295 companies in the database

Comparison with the other companies in development of building projects based on the latest financial year.

Gross profitDKK 1.9mNo. 131 of 295
Better than 56% of the companies in the industry
EquityDKK 96.6mNo. 13 of 295
Better than 96% of the companies in the industry
Number of employees13No. 37 of 295
Better than 88% of the companies in the industry

Industry median: gross profit DKK 1.7m, net profit DKK 109k, equity DKK 839k, 3 employees.

DKK 100kDKK 594kDKK 3.5mDKK 21mDKK 68.9mHere
Distribution of gross profit for 255 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. 31,728of 69,742
Better than 55%
No. 1,855of 69,964
Better than 97%
Same industry and fewer than 20 employees275 companies in the comparison
No. 113of 275
Better than 59%
No. 9of 275
Better than 97%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 15,726of 24,791
Better than 37%
No. 1,401of 24,909
Better than 94%
All companies of type A/S18,025 companies in the comparison
No. 14,735of 17,786
Better than 17%
No. 2,332of 18,024
Better than 87%

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

Development of building projects
Gross profit
  1. Thybo Ejendomsudvikling A/SDKK 1.9m
  2. KT Erhvervsbyg A/SDKK 124.8m
  3. AG Construction A/SDKK 119.8m
Net profit
  1. Thybo Ejendomsudvikling A/SDKK 21m
  2. KT Erhvervsbyg A/SDKK 39.3m
  3. AG Construction A/SDKK 34.3m
Equity
  1. Thybo Ejendomsudvikling A/SDKK 96.6m
  2. KT Erhvervsbyg A/SDKK 167.3m
  3. AG Construction A/SDKK 258.5m
Employees
  1. Thybo Ejendomsudvikling A/S13
  2. KT Erhvervsbyg A/S111
  3. AG Construction A/S47

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
  • Langkjær Estate A/S100%
Thybo Ejendomsudvikling A/S

Management

4 active registrations

Executive management

Executive management at Thybo Ejendomsudvikling A/S
NameRoleAppointed
Rasmus Christen KjærDirector12/02/2015

Board of directors

Board of directors at Thybo Ejendomsudvikling A/S
NameRoleAppointed
Rasmus Christen KjærBoard member30/12/2009
Christen Aagesen KjærChair of the board29/05/2019
Pernille Stilling KuchBoard member29/05/2019
Founders
Npt Holding ApS, E. Thybo Holding ApS, RC Kjær Invest ApS, T Lang Invest ApS
Former management (7)
Former management at Thybo Ejendomsudvikling A/S
NameRoleAppointedResigned
Paul BjerringBoard member30/12/200912/02/2015
Erling ThyboBoard member30/12/200912/02/2015
Erling ThyboCEO30/12/200912/02/2015
Niels Peter ThyboBoard member12/02/201504/10/2016
Torben LangChair of the board12/02/201529/05/2019
Christen Aagesen KjærBoard member04/10/201628/05/2019
Jens Ove LangBoard member04/10/201629/05/2019

Signing rule: Selskabet tegnes af 1 direktør og 1 bestyrelsesmedlem eller 2 bestyrelsesmedlemmer.

Address and production units

1 active production units

Marselisborg Havnevej 56
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Thybo Ejendomsudvikling A/SMarselisborg Havnevej 56, st. th, 8000 Aarhus C131015786279

Purpose

Selskabets formål er at opkøbe og udvikle ejendomme, alene eller sammen med eksterne kapitalpartnere, med salg, udstykning og/eller udlejning for øje.

The purpose is quoted from the register in Danish.

Changes year by year

50 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesindustry 1 · accounts 1
  • Industry changed to Gennemførelse af byggeprojekter (411000)
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesname 1 · accounts 1 · address 1
  • Name changed from BRDR. THYBO EJENDOMSUDVIKLING A/S to Thybo Ejendomsudvikling A/S
  • Annual report for 2020 published
  • Moved to Marselisborg Havnevej 56, st. th, 8000 Aarhus C
20197 changesownership 2 · management 5
  • RC KJÆR INVEST ApS registered as owner (100%)
  • RC KJÆR INVEST ApS is no longer registered as owner
  • Christen Aagesen Kjær appointed chair of the board
  • Pernille Stilling Kuch appointed board member
  • Jens Ove Lang stepped down as board member
  • Torben Lang stepped down as chair of the board
  • Christen Aagesen Kjær stepped down as board member
20174 changesownership 3 · address 1
  • Langkjær Estate A/S registered as owner (100%)
  • RC KJÆR INVEST ApS is no longer registered as owner
  • T LANG INVEST ApS is no longer registered as owner
  • Moved to Søndergade 74, 5, 8000 Aarhus C
20163 changesmanagement 3
  • Christen Aagesen Kjær appointed board member
  • Jens Ove Lang appointed board member
  • Niels Peter Thybo stepped down as board member
201517 changesaddress 1 · ownership 10 · management 6
  • Moved to Grønnegade 93, 8000 Aarhus C
  • RC KJÆR INVEST ApS registered as owner (50%)
  • T LANG INVEST ApS registered as owner (50%)
  • T LANG INVEST ApS is no longer registered as owner
  • RC KJÆR INVEST ApS is no longer registered as owner
  • NPT HOLDING ApS is no longer registered as owner
  • Rasmus Christen Kjær appointed director
  • Torben Lang appointed chair of the board
  • Niels Peter Thybo appointed board member
  • Erling Thybo stepped down as ceo
  • Paul Bjerring stepped down as board member
  • Erling Thybo stepped down as board member
  • T LANG INVEST ApS registered as owner (33.33%)
  • RC KJÆR INVEST ApS registered as owner (33.33%)
  • T LANG INVEST ApS is no longer registered as owner
  • RC KJÆR INVEST ApS is no longer registered as owner
  • E. THYBO HOLDING ApS is no longer registered as owner
20144 changesownership 4
  • NPT HOLDING ApS registered as owner (15%)
  • T LANG INVEST ApS registered as owner (33.33%)
  • RC KJÆR INVEST ApS registered as owner (33.33%)
  • E. THYBO HOLDING ApS registered as owner (15%)
20101 changeindustry 1
  • Industry changed to Opførelse af bygninger (412000)
20095 changesfounded 1 · management 4
  • Registered as BRDR. THYBO EJENDOMSUDVIKLING A/S
  • Erling Thybo appointed ceo
  • Rasmus Christen Kjær appointed board member
  • Paul Bjerring appointed board member
  • Erling Thybo appointed board member

Related companies

Same industry in Aarhus

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.

View in CVRReport a correction