VM Ejendomsudvikling A/S

Public limited companyCVR 44520109HerlevActive

VM Ejendomsudvikling A/S is a public limited company, based in Herlev, active in development of building projects, founded in 2023. The company made a loss in both 2024 and 2025, most recently DKK 211k.

PDF report Compare

Key figures · financial year 2025

Gross profit−DKK 79,234−464.4% vs. 2024

Net profit−DKK 211k+55% vs. 2024

EquityDKK 121k+276.6% vs. 2024

Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 464% (2024 → 2025), to −DKK 79,234.
The loss got smaller: from DKK 468k to DKK 211k (2024 → 2025).
Equity turned positive again: DKK 121k (2024 → 2025).

Management and owners, last 24 months

New in management: Lars Mørkebæk Drewsen (ceo, 31/05/2026).
Stepped down: Jonatan Pontoppidan Hjortdal (ceo, 31/05/2026).
New owners registered: VM - Mørkebæk Holding ApS (20/12/2025).
No longer registered as owner: LEAP Capital ApS (20/12/2025) and VM - Mørkebæk Holding ApS (19/12/2025).

Registrations, last 24 months

21/01/2026: Moved to Smedeholm 13A, 2. tv, 2730 Herlev

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 2024–2025 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for VM Ejendomsudvikling A/S
	2024	2025	Change
Revenue	not stated	not stated	–
Gross profit	22	−79	−464.4%
Operating profit (EBIT)	−493	−79	+83.9%
Profit before tax	−608	−260	+57.2%
Net profit	−468	−211	+55%
Total assets	3,990	5,798	+45.3%
Equity	−68	121	+276.6%
Liabilities	4,059	5,673	+39.8%
Cash and cash equivalents	15	28	+90.2%
Average number of employees	1	0	−100%

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 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

Compare with the industry (295 companies)

Gross profitMedian, the industry (295 companies)

Signals from the financial statements

calculated from the 2025 figures

Loss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Low equity ratio
Equity makes up 2% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

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

2 financial years

Annual reports for VM Ejendomsudvikling A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	19/03/2026	The company	PDF not statedXBRL
2024	22/12/2023 – 31/12/2024	05/03/2025	The company	PDF XBRL

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

295 companies in the database

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

Gross profit−DKK 79,234No. 263 of 295

Better than 11% of the companies in the industry

EquityDKK 121kNo. 221 of 295

Better than 25% of the companies in the industry

Number of employees3No. 258 of 295

Better than 13% of the companies in the industry

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

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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 65,623of 69,742 Better than 6%	No. 53,839of 69,964 Better than 23%
Same industry and fewer than 20 employees275 companies in the comparison	No. 244of 275 Better than 11%	No. 201of 275 Better than 27%
Companies that are founded within the last five years16,662 companies in the comparison	No. 15,632of 16,614 Better than 6%	No. 9,819of 16,661 Better than 41%
All companies of type A/S18,025 companies in the comparison	No. 16,828of 17,786 Better than 5%	No. 17,047of 18,024 Better than 5%

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

VM Ejendomsudvikling A/S−DKK 79,234
KT Erhvervsbyg A/SDKK 124.8m
AG Construction A/SDKK 119.8m

Net profit

VM Ejendomsudvikling A/S−DKK 211k
KT Erhvervsbyg A/SDKK 39.3m
AG Construction A/SDKK 34.3m

Equity

VM Ejendomsudvikling A/SDKK 121k
KT Erhvervsbyg A/SDKK 167.3m
AG Construction A/SDKK 258.5m

Employees

VM Ejendomsudvikling A/S3
KT Erhvervsbyg A/S111
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

VM - Mørkebæk Holding ApS100%

VM Ejendomsudvikling A/S

Management

4 active registrations

Executive management

Executive management at VM Ejendomsudvikling A/S
Name	Role	Appointed
Lars Mørkebæk Drewsen	CEO	31/05/2026

Board of directors

Board of directors at VM Ejendomsudvikling A/S
Name	Role	Appointed
Lars Mørkebæk Drewsen	Board member	22/12/2023
Jonatan Pontoppidan Hjortdal	Chair of the board	22/12/2023
Helle Høi Westergaard	Board member	30/08/2024

Auditor: Baagøe Schou Statsautoriseret Revisionsaktieselskab
Founders: LEAP Capital ApS, VM - Mørkebæk Holding ApS

Former management (3)

Former management at VM Ejendomsudvikling A/S
Name	Role	Appointed	Resigned
Jan Martin Viuff	Board member	22/12/2023	24/06/2024
Jonatan Pontoppidan Hjortdal	CEO	22/12/2023	31/05/2026
Palle Aaby Bjerg	Board member	24/06/2024	30/08/2024

Signing rule: Selskabet tegnes af en direktør sammen med bestyrelsens formand eller af den samlede bestyrelse.

Address and production units

1 active production units

Smedeholm 13A
2730 Herlev

Herlev Municipality · Postcode 2730

Other companies at the address (1)

VM Anlæg A/SConstruction of buildings

Production units
Production unit	Address	Industry	Employees	P number
VM Ejendomsudvikling A/S	Smedeholm 13A, 2. tv, 2730 Herlev	Development of building projects	3	1029947917

Purpose

Selskabets formål er at drive virksomhed med køb og salg af fast ejendom samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

19 registered events

72023

42024

42025

42026

20264 changesmanagement 2 · accounts 1 · address 1

31/05ManagementLars Mørkebæk Drewsen appointed ceo
31/05ManagementJonatan Pontoppidan Hjortdal stepped down as ceo
19/03AccountsAnnual report for 2025 published
21/01AddressMoved to Smedeholm 13A, 2. tv, 2730 Herlev

20254 changesownership 3 · accounts 1

20/12OwnershipVM - Mørkebæk Holding ApS registered as owner (100%)
20/12OwnershipLEAP Capital ApS is no longer registered as owner
19/12OwnershipVM - Mørkebæk Holding ApS is no longer registered as owner
05/03AccountsAnnual report for 2024 published

20244 changesmanagement 4

30/08ManagementHelle Høi Westergaard appointed board member
30/08ManagementPalle Aaby Bjerg stepped down as board member
24/06ManagementPalle Aaby Bjerg appointed board member
24/06ManagementJan Martin Viuff stepped down as board member

20237 changesfounded 1 · management 4 · ownership 2

22/12FoundedRegistered as VM Ejendomsudvikling A/S
22/12ManagementJonatan Pontoppidan Hjortdal appointed chair of the board
22/12ManagementLars Mørkebæk Drewsen appointed board member
22/12ManagementJonatan Pontoppidan Hjortdal appointed ceo
22/12ManagementJan Martin Viuff appointed board member
22/12OwnershipLEAP Capital ApS registered as owner (25%)
22/12OwnershipVM - Mørkebæk Holding ApS registered as owner (66.67%)

Related companies

Same industry in Herlev

AS Teamet ApS19 employees
DK Multiservice Danmark ApS4 employees
HSC Group aps2 employees
MSR Byg ApS2 employees
C&K byggeentreprise ApS2 employees

See all →

Same people in management

Lh-gulve A/Svia Palle Aaby Bjerg
Black Capital Technology ApSvia Jonatan Pontoppidan Hjortdal
VM Anlæg A/Svia Helle Høi Westergaard
LH Concept Gulve A/Svia Palle Aaby Bjerg
LH Uni Gulve A/Svia Palle Aaby Bjerg
MediaGeneration A/Svia Jonatan Pontoppidan Hjortdal

Largest in the industry

KT Erhvervsbyg A/SDKK 124.8m
AG Construction A/SDKK 119.8m
De Forenede Ejendomsselskaber A/SDKK 85.3m
Holberg Fenger Invest ApSDKK 51.4m
Kjær Knudsen A/SDKK 41.2m
Merkuras A/SDKK 36.8m

See all →

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 CVR Report a correction