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TN Udvikling A/S

Public limited companyCVR 35478205AalborgActive

TN Udvikling A/S is a public limited company, based in Aalborg, active in development of building projects, founded in 2013. The company went from a profit in 2024 to a loss of DKK 9.4m in 2025. Equity fell to DKK 12.8m in 2025. 4 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profit−DKK 2.7m−192.2% vs. 2024
Net profit−DKK 9.4m−736% vs. 2024
EquityDKK 12.8m−42.5% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 192% (2024 → 2025), to −DKK 2.7m.
  • Net profit went from a profit of DKK 1.5m to a loss of DKK 9.4m (2024 → 2025).
  • Equity fell 42% (2024 → 2025), to DKK 12.8m.

Employees

  • 2 more employees than a year earlier: 3 (07/2026) against 1 (07/2025).

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 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for TN Udvikling A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,3317,432−1,808−1,6352,980−2,748−192.2%
Operating profit (EBIT)–4,279−4,782−4,743−446−6,831−1,431.3%
Profit before tax7604,8033,5951,101998−10,289−1,131.3%
Net profit9403,8623,0614,0491,486−9,450−736%
Total assets31,71329,60931,44736,27350,42841,746−17.2%
Equity27,30228,16530,22520,77422,26012,810−42.5%
Liabilities4,4111,44589715,25027,91828,937+3.6%
Cash and cash equivalents8,9345,997301224146176+20.1%
Average number of employees2222220%

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

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 42% from 2024 to 2025 (DKK 22.3m to DKK 12.8m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 TN Udvikling A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202528/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202327/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202216/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/02/2022The companyPDFXBRL
202001/01/2020 – 31/12/202010/02/2021The 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
011223308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

295 companies in the database

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

Gross profit−DKK 2.7mNo. 291 of 295
Better than 1% of the companies in the industry
EquityDKK 12.8mNo. 48 of 295
Better than 84% of the companies in the industry
Number of employees3No. 150 of 295
Better than 49% 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 68.9m
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. 69,332of 69,742
Better than 1%
No. 7,707of 69,964
Better than 89%
Same industry and fewer than 20 employees275 companies in the comparison
No. 272of 275
Better than 1%
No. 40of 275
Better than 86%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,343of 33,588
Better than 1%
No. 3,157of 33,687
Better than 91%
All companies of type A/S18,025 companies in the comparison
No. 17,574of 17,786
Better than 1%
No. 7,785of 18,024
Better than 57%

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. TN Udvikling A/S−DKK 2.7m
  2. KT Erhvervsbyg A/SDKK 124.8m
  3. AG Construction A/SDKK 119.8m
Net profit
  1. TN Udvikling A/S−DKK 9.4m
  2. KT Erhvervsbyg A/SDKK 39.3m
  3. AG Construction A/SDKK 34.3m
Equity
  1. TN Udvikling A/SDKK 12.8m
  2. KT Erhvervsbyg A/SDKK 167.3m
  3. AG Construction A/SDKK 258.5m
Employees
  1. TN Udvikling A/S3
  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
  • Egetbo Invest ApS100%
TN Udvikling A/S

Management

4 active registrations

Executive management

Executive management at TN Udvikling A/S
NameRoleAppointed
Torben NielsenDirector13/09/2013

Board of directors

Board of directors at TN Udvikling A/S
NameRoleAppointed
Torben NielsenBoard member13/09/2013
Emil Aksel NielsenBoard member31/03/2023
Maria Toft CalundanChair of the board31/03/2023
Founders
Ejendomsselskabet af 29.06.2006 ApS
Former management (5)
Former management at TN Udvikling A/S
NameRoleAppointedResigned
Kurt PoulsenDeputy chair13/09/201310/02/2017
Bo Boulund KnudsenChair of the board13/09/201309/02/2017
Henrik HoffmannChair of the board10/02/201731/03/2023
Bo Boulund KnudsenBoard member10/02/201709/06/2022
Michael StorgaardBoard member09/06/202231/03/2023

Signing rule: Selskabet tegnes af én direktør.

Address and production units

1 active production units

Porsvej 2
9000 Aalborg

Aalborg Municipality · Postcode 9000

Other companies at the address (4)

Production units
Production unitAddressEmployeesP number
TN UDVIKLING A/SPorsvej 2, 1, 9000 Aalborg31018767739

Purpose

Selskabets formål er at erhverve og udvikle ejendomme med henblik på efterfølgende videresalg.

The purpose is quoted from the register in Danish.

Changes year by year

34 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
202311 changescapital 1 · ownership 5 · accounts 1 · management 4
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
  • EGETBO INVEST ApS registered as owner (100%)
  • TN UDVIKLING A/S is no longer registered as owner
  • EGETBO INVEST ApS is no longer registered as owner
  • Annual report for 2022 published
  • Emil Aksel Nielsen appointed board member
  • Maria Toft Calundan appointed chair of the board
  • Michael Storgaard stepped down as board member
  • Henrik Hoffmann stepped down as chair of the board
  • TN UDVIKLING A/S registered as owner (50%)
  • Nordstern Ejendomsudvikling ApS is no longer registered as owner
20223 changesmanagement 2 · accounts 1
  • Michael Storgaard appointed board member
  • Bo Boulund Knudsen stepped down as board member
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20175 changesaddress 1 · management 4
  • Moved to Porsvej 2, 1, 9000 Aalborg
  • Bo Boulund Knudsen appointed board member
  • Henrik Hoffmann appointed chair of the board
  • Kurt Poulsen stepped down as deputy chair
  • Bo Boulund Knudsen stepped down as chair of the board
20154 changesownership 4
  • EGETBO INVEST ApS registered as owner (50%)
  • EGETBO HOLDING ApS is no longer registered as owner
  • Nordstern Ejendomsudvikling ApS registered as owner (50%)
  • KP Invest Finans III A/S is no longer registered as owner
20137 changesfounded 1 · management 4 · ownership 2
  • Registered as TN UDVIKLING A/S
  • Kurt Poulsen appointed deputy chair
  • Torben Nielsen appointed board member
  • Torben Nielsen appointed director
  • Bo Boulund Knudsen appointed chair of the board
  • EGETBO HOLDING ApS registered as owner (50%)
  • KP Invest Finans III A/S registered as owner (50%)

Related companies

Same industry in Aalborg

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction