TS Development ApS

Private limited companyCVR 33589697AalborgActive

TS Development ApS is a private limited company, based in Aalborg, active in non-financial holding companies, founded in 2011. Net profit rose 377% from 2024 to 2025, ending at DKK 406k. Profit has grown three years in a row. Equity grew to DKK 1.8m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 37,581−16.8% vs. 2024
Net profitDKK 406k+376.5% vs. 2024
EquityDKK 1.8m+28.9% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit rose 377% (2024 → 2025), to DKK 406k.
  • Equity rose 29% (2024 → 2025), to DKK 1.8m.

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 1mDKK 2mDKK 3mDKK 4m202020212022202320242025
EquityNet profit
Financial figures for TS Development ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−4−7−48−35−32−38−16.8%
Operating profit (EBIT)−4−7−878−35−32−38−16.8%
Profit before tax1,2561,3551,2072685410+381.6%
Net profit1,2551,3551,2072685406+376.5%
Total assets3,2074,5511,5441,4421,4051,811+28.9%
Equity3,0864,4411,5341,4421,4051,811+28.9%
Liabilities12111090–––
Cash and cash equivalents5751,3421,52517444186+320.6%
Average number of employees–––––0–

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 50,000−DKK 40,000−DKK 30,000−DKK 20,000−DKK 10,000DKK 0202020212022202320242025
Gross profitMedian, the industry (2,138 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 TS Development ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202505/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202431/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202318/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202215/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202117/01/2022The companyPDFXBRL
202001/01/2020 – 31/12/202017/05/2021The 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.

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profit−DKK 37,581No. 1082 of 2,093
Better than 48% of the companies in the industry
EquityDKK 1.8mNo. 1849 of 2,138
Better than 14% of the companies in the industry
Number of employees2No. 1714 of 2,138
Better than 20% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bn
Distribution of gross profit for 820 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. 64,677of 69,742
Better than 7%
No. 25,639of 69,964
Better than 63%
Same industry and fewer than 20 employees2,092 companies in the comparison
No. 1,044of 2,048
Better than 49%
No. 1,809of 2,092
Better than 14%
Companies that are between 15 and 29 years old24,906 companies in the comparison
No. 23,003of 24,787
Better than 7%
No. 15,125of 24,905
Better than 39%
All companies of type ApS66,508 companies in the comparison
No. 62,157of 66,379
Better than 6%
No. 21,727of 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

Non-financial holding companies
Gross profit
  1. TS Development ApS−DKK 37,581
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. TS Development ApSDKK 406k
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. TS Development ApSDKK 1.8m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. TS Development ApS2
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
  • Tove Østenby50%
  • Steen Østenby50%
TS Development ApS

Management

1 active registrations

Executive management

Executive management at TS Development ApS
NameRoleAppointed
Steen ØstenbyDirector31/03/2011
Founders
Steen Østenby

Signing rule: Selskabet tegnes af direktøren alene.

Address and production units

1 active production units

Østre Kanalgade 18
9000 Aalborg

Aalborg Municipality · Postcode 9000

Production units
Production unitAddressEmployeesP number
TS Development ApSØstre Kanalgade 18, 1. th, 9000 Aalborg21016769521

Purpose

Selskabets formål er at foretage investeringer i andre selskaber.

The purpose is quoted from the register in Danish.

Changes year by year

14 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20242 changesaddress 1 · accounts 1
  • Moved to Østre Kanalgade 18, 1. th, 9000 Aalborg
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesaddress 1 · accounts 1
  • Moved to Solsortvej 5, 9000 Aalborg
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20151 changename 1
  • Name changed from SCAN SALE VEST ApS to TS Development ApS
20141 changeaddress 1
  • Moved to Østre Alle 6, 9530 Støvring
20114 changesfounded 1 · management 1 · ownership 2
  • Registered as SCAN SALE VEST ApS
  • Steen Østenby appointed director
  • Tove Østenby registered as owner (50%)
  • Steen Østenby registered as owner (50%)

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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. 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