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Tivoli Friheden A/S

Public limited companyCVR 12503997Aarhus CActive

Tivoli Friheden A/S is a public limited company, based in Aarhus C, active in activities of amusement parks and theme parks, founded in 1988. Net profit fell 87% from 2024 to 2025, ending at DKK 825k. Measured by gross profit, it ranks no. 5 of 88 companies in the industry in the database. Operations are spread over 8 production units.

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Key figures · financial year 2025

Gross profitDKK 80.2m−1.3% vs. 2024
Net profitDKK 825k−86.8% vs. 2024
EquityDKK 67.2m+1.2% vs. 2024
Employees653latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 1% (2024 → 2025), to DKK 80.2m.
  • Net profit fell 87% (2024 → 2025), to DKK 825k.
  • Equity rose 1% (2024 → 2025), to DKK 67.2m.

Employees

  • 32 more employees than a year earlier: 653 (08/2026) against 621 (08/2025).

Management and owners, last 24 months

  • New in management: Peter Jørgen Rønnow (board member, 15/09/2025), Poul Steffensen (chair of the board, 15/09/2025) and Jakob Michael Christensen (board member, 15/09/2025) (+2).
  • Stepped down: Kim Elgaard Jensen (board member, 15/09/2025), Peer Bach (board member, 15/09/2025) and Niels Peder Opstrup (chair of the board, 15/09/2025) (+2).
  • New owners registered: Rutsjebanen ApS (15/09/2025).
  • No longer registered as owner: Karin Salling (15/09/2025), Hans Nissen Hansen (15/09/2025) and Kim Elgaard Holding ApS (15/09/2025) (+2).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Activities of amusement parks and theme parks (932100)

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 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
EquityNet profit
Financial figures for Tivoli Friheden A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit38,66164,54771,37068,96981,25580,206−1.3%
Operating profit (EBIT)–14,4915,6378,25814,86810,095−32.1%
Profit before tax−8,92312,6172,6672,9116,848953−86.1%
Net profit−6,9609,8402,1452,2976,256825−86.8%
Total assets152,867184,009212,892234,768275,660280,556+1.8%
Equity49,98170,65772,80275,09966,40767,231+1.2%
Liabilities95,652104,751132,832151,797205,101209,044+1.9%
Cash and cash equivalents4,0627,6344,4112,2772,7935,379+92.6%
Average number of employees758494999897−1%

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 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (89 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 Tivoli Friheden A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202312/02/2024The companyPDFXBRL
202201/01/2022 – 31/12/202217/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202113/02/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/04/2021The 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
010020030040050060070009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

89 companies in the database

Comparison with the other companies in activities of amusement parks and theme parks based on the latest financial year.

Gross profitDKK 80.2mNo. 5 of 88
Better than 95% of the companies in the industry
EquityDKK 67.2mNo. 5 of 89
Better than 95% of the companies in the industry
Number of employees653No. 6 of 89
Better than 94% of the companies in the industry

Industry median: gross profit DKK 2m, net profit DKK 50,055, equity DKK 316k, 5 employees.

DKK 100kDKK 704kDKK 5mDKK 34.8mDKK 127.9mHere
Distribution of gross profit for 80 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 500–999 employees207 companies in the comparison
No. 175of 189
Better than 7%
No. 148of 207
Better than 29%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,015of 10,152
Better than 90%
No. 1,663of 10,275
Better than 84%
All companies of type A/S18,025 companies in the comparison
No. 1,915of 17,786
Better than 89%
No. 2,957of 18,024
Better than 84%

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 amusement parks and theme parks
Gross profit
  1. Tivoli Friheden A/SDKK 80.2m
  2. Legoland ApSDKK 245m
  3. Djurs Sommerland A/SDKK 151.5m
Net profit
  1. Tivoli Friheden A/SDKK 825k
  2. Legoland ApSDKK 186.3m
  3. Djurs Sommerland A/SDKK 32m
Equity
  1. Tivoli Friheden A/SDKK 67.2m
  2. Legoland ApSDKK 1.1bn
  3. Djurs Sommerland A/SDKK 323m
Employees
  1. Tivoli Friheden A/S653
  2. Legoland ApS1,702
  3. Djurs Sommerland A/S747

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
  • Rutsjebanen ApS100%
Tivoli Friheden A/S

Management

6 active registrations

Executive management

Executive management at Tivoli Friheden A/S
NameRoleAppointed
Henrik Ragborg OlesenDirector19/12/2003

Board of directors

Board of directors at Tivoli Friheden A/S
NameRoleAppointed
Peter Jørgen RønnowBoard member15/09/2025
Poul SteffensenChair of the board15/09/2025
Jakob Michael ChristensenBoard member15/09/2025
Morten Dige HaveBoard member15/09/2025
Jan Benjamin MahrBoard member15/09/2025
Founders
ApS Hvkmd 5 Nr. 555, Medimex ApS, A/S Pse Nr. 1444, Pehsb ApS
Former management (20)
Former management at Tivoli Friheden A/S
NameRoleAppointedResigned
Ulf Svejgaard PoulsenBoard member01/10/198816/02/1989
Susanne Saul StakemannChair of the board01/10/198816/02/1989
Per Emil Hasselbalch StakemannBoard member01/10/198816/02/1989
Per Emil Hasselbalch StakemannDirector01/10/198816/02/1989
Niels Jørgen VilladsenBoard member01/10/198803/02/2000
Kim Elgaard JensenBoard member01/10/198815/09/2025
Per AdolfsenBoard member01/10/198803/02/2000
Per AdolfsenDirector01/10/198828/02/2000
Carsten Ernst NielsenBoard member03/02/200021/11/2003
Peer BachBoard member03/02/200015/09/2025
Povl FriisBoard member03/02/200004/07/2007
Kim Elgaard JensenDirector19/12/200302/01/2004
Kim William Schleppegrel SkaueBoard member08/02/200527/03/2012
Niels Peder OpstrupChair of the board08/02/200515/09/2025
Hans Nissen HansenBoard member04/07/200715/09/2025
Per Frants MøllerBoard member21/08/200726/01/2011
Lars WindfeldBoard member14/09/200717/11/2009
Jan ChristensenBoard member17/11/200927/03/2012
Ulrik BülowBoard member26/01/201127/03/2012
Karin SallingBoard member27/06/201215/09/2025

Signing rule: Selskabet tegnes af selskabets direktør i forening med et medlem af bestyrelsen, af bestyrelsens formand i forening med et medlem af bestyrelsen eller af den samlede bestyrelse.

Address and production units

8 active production units

Skovbrynet 1
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
TIVOLI FRIHEDEN A/SSkovbrynet 1, 8000 Aarhus C1471003365943
Frihedens restauranterSkovbrynet 5, 8000 Aarhus C51026856112
Casino SpillehalSkovbrynet 5, 8000 Aarhus C31026561473
Cafe au laitSkovbrynet 3, 8000 Aarhus C–1027381681
PitsaSkovbrynet 1, 8000 Aarhus C–1027383560
Restaurant FrihedenSkovbrynet 3, 8000 Aarhus C–1027381703
SkovpavillonenSkovbrynet 5, 8000 Aarhus C–1027383587
Stay or take-awaySkovbrynet 3, 8000 Aarhus C–1027383595

Purpose

Selskabets formål er drive forlystelsespark i Tivoli Friheden, Aarhus.

The purpose is quoted from the register in Danish.

Changes year by year

89 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202518 changesmanagement 10 · ownership 6 · accounts 1 · industry 1
  • Jakob Michael Christensen appointed board member
  • Jan Benjamin Mahr appointed board member
  • Morten Dige Have appointed board member
  • Poul Steffensen appointed chair of the board
  • Peter Jørgen Rønnow appointed board member
  • Karin Salling stepped down as board member
  • Hans Nissen Hansen stepped down as board member
  • Niels Peder Opstrup stepped down as chair of the board
  • Peer Bach stepped down as board member
  • Kim Elgaard Jensen stepped down as board member
  • Rutsjebanen ApS registered as owner (100%)
  • Karin Salling is no longer registered as owner
  • Hans Nissen Hansen is no longer registered as owner
  • KIM ELGAARD HOLDING ApS is no longer registered as owner
  • N J VILLADSEN HOLDING ApS is no longer registered as owner
  • Peer Bach is no longer registered as owner
  • Annual report for 2024 published
  • Industry changed to Activities of amusement parks and theme parks (932100)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
202112 changesaccounts 1 · capital 1 · ownership 10
  • Annual report for 2020 published
  • Share capital changed from 2,284,800 DKK to 2,780,152 DKK
  • Karin Salling registered as owner (20%)
  • Hans Nissen Hansen registered as owner (25%)
  • KIM ELGAARD HOLDING ApS registered as owner (20%)
  • N J VILLADSEN HOLDING ApS registered as owner (15%)
  • Peer Bach registered as owner (10%)
  • Karin Salling is no longer registered as owner
  • Hans Nissen Hansen is no longer registered as owner
  • KIM ELGAARD HOLDING ApS is no longer registered as owner
  • N J VILLADSEN HOLDING ApS is no longer registered as owner
  • Peer Bach is no longer registered as owner
20201 changeownership 1
  • Kim Elgaard Jensen is no longer registered as owner
20191 changeaddress 1
  • Moved to Skovbrynet 1, 8000 Aarhus C
20126 changesmanagement 4 · ownership 2
  • Karin Salling appointed board member
  • Karin Salling registered as owner (15%)
  • Hans Nissen Hansen registered as owner (20%)
  • Ulrik Bülow stepped down as board member
  • Jan Christensen stepped down as board member
  • Kim William Schleppegrel Skaue stepped down as board member
20112 changesmanagement 2
  • Ulrik Bülow appointed board member
  • Per Frants Møller stepped down as board member
20092 changesmanagement 2
  • Jan Christensen appointed board member
  • Lars Windfeld stepped down as board member
20084 changesownership 3 · industry 1
  • KIM ELGAARD HOLDING ApS registered as owner (25%)
  • N J VILLADSEN HOLDING ApS registered as owner (15%)
  • Kim Elgaard Jensen registered as owner (25%)
  • Industry changed to Activities of amusement parks and theme parks (932100)
20077 changescapital 2 · management 4 · ownership 1
  • Share capital changed from 2,018,240 DKK to 2,284,800 DKK
  • Lars Windfeld appointed board member
  • Share capital changed from 1,428,000 DKK to 2,018,240 DKK
  • Per Frants Møller appointed board member
  • Hans Nissen Hansen appointed board member
  • Povl Friis stepped down as board member
  • Peer Bach registered as owner (10%)
20052 changesmanagement 2
  • Niels Peder Opstrup appointed chair of the board
  • Kim William Schleppegrel Skaue appointed board member
20041 changemanagement 1
  • Kim Elgaard Jensen stepped down as director
20033 changesmanagement 3
  • Kim Elgaard Jensen appointed director
  • Henrik Ragborg Olesen appointed director
  • Carsten Ernst Nielsen stepped down as board member
20013 changesaddress 1 · capital 1 · merger 1
  • Moved to Skovbrynet 1, 8000 Aarhus C
  • Share capital changed from 1,321,000 DKK to 1,428,000 DKK
  • Merger registered in CVR
20008 changesmanagement 6 · name 1 · capital 1
  • Per Adolfsen stepped down as director
  • Name changed from FRIHEDENS AUTOMATHALLER A/S to TIVOLI FRIHEDEN A/S
  • Share capital changed from 500,000 DKK to 1,321,000 DKK
  • Peer Bach appointed board member
  • Carsten Ernst Nielsen appointed board member
  • Povl Friis appointed board member
  • Per Adolfsen stepped down as board member
  • Niels Jørgen Villadsen stepped down as board member
19951 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19895 changesname 1 · management 4
  • Name changed from A/S PSE 14 NR. 1213 to FRIHEDENS AUTOMATHALLER A/S
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Ulf Svejgaard Poulsen stepped down as board member
  • Susanne Saul Stakemann stepped down as chair of the board
19889 changesfounded 1 · management 8
  • Registered as A/S PSE 14 NR. 1213
  • Per Emil Hasselbalch Stakemann appointed director
  • Per Emil Hasselbalch Stakemann appointed board member
  • Ulf Svejgaard Poulsen appointed board member
  • Susanne Saul Stakemann appointed chair of the board
  • Per Adolfsen appointed director
  • Per Adolfsen appointed board member
  • Kim Elgaard Jensen appointed board member
  • Niels Jørgen Villadsen 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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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