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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 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 | −4 | −7 | −48 | −35 | −32 | −38 | −16.8% |
| Operating profit (EBIT) | −4 | −7 | −878 | −35 | −32 | −38 | −16.8% |
| Profit before tax | 1,256 | 1,355 | 1,207 | 26 | 85 | 410 | +381.6% |
| Net profit | 1,255 | 1,355 | 1,207 | 26 | 85 | 406 | +376.5% |
| Total assets | 3,207 | 4,551 | 1,544 | 1,442 | 1,405 | 1,811 | +28.9% |
| Equity | 3,086 | 4,441 | 1,534 | 1,442 | 1,405 | 1,811 | +28.9% |
| Liabilities | 121 | 110 | 9 | 0 | – | – | – |
| Cash and cash equivalents | 575 | 1,342 | 1,525 | 174 | 44 | 186 | +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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 05/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 31/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 18/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 15/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 17/01/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 17/05/2021 | 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.
Position in the industry
2,138 companies in the databaseComparison with the other companies in non-financial holding companies based on the latest financial year.
Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 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. 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- TS Development ApS−DKK 37,581
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- TS Development ApSDKK 406k
- Heartland A/SDKK 4.9bn
- Andel A.M.B.A.−DKK 2.9bn
- TS Development ApSDKK 1.8m
- Heartland A/SDKK 39.2bn
- Andel A.M.B.A.DKK 29.5bn
- TS Development ApS2
- Heartland A/S34
- 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- Tove Østenby50%
- Steen Østenby50%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Steen Østenby | Director | 31/03/2011 |
- Founders
- Steen Østenby
Signing rule: Selskabet tegnes af direktøren alene.
Address and production units
1 active production unitsØstre Kanalgade 18
9000 Aalborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| TS Development ApS | Østre Kanalgade 18, 1. th, 9000 Aalborg | 2 | 1016769521 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20242 changesaddress 1 · accounts 1
- AddressMoved to Østre Kanalgade 18, 1. th, 9000 Aalborg
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaddress 1 · accounts 1
- AddressMoved to Solsortvej 5, 9000 Aalborg
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20151 changename 1
- NameName changed from SCAN SALE VEST ApS to TS Development ApS
20141 changeaddress 1
- AddressMoved to Østre Alle 6, 9530 Støvring
20114 changesfounded 1 · management 1 · ownership 2
- FoundedRegistered as SCAN SALE VEST ApS
- ManagementSteen Østenby appointed director
- OwnershipTove Østenby registered as owner (50%)
- OwnershipSteen Østenby registered as owner (50%)
Related companies
Same industry in Aalborg
- Aalborg Portland Holding A/S31 employees
- Færch & Co. Group A/S24 employees
- Energyinvest Aps16 employees
- Nohrli A/S14 employees
- Malik Group A/S11 employees
- Quantum Gas Trading A/S7 employees
Same people in management
- Scan Style ApSvia Steen Østenby
Largest in the industry
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Norlys a.m.b.a.DKK 5.3bn
- Lauritzen Fonden Holding ApSDKK 4.1bn
- Per Aarsleff Holding A/SDKK 2.8bn
- C.W. Obel Holding P/SDKK 2.2bn
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.