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West-coast Real Estate A/S

Public limited companyCVR 32650244VardeActive

West-coast Real Estate A/S is a public limited company, based in Varde, active in financial holding companies, founded in 2009. Net profit rose 6% from 2024 to 2025, ending at DKK 1.1m. With 4 employees, the company is about 4 times larger than the industry median. 5 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profit−DKK 1.2m+0.7% vs. 2024
Net profitDKK 1.1m+5.7% vs. 2024
EquityDKK 55.4m+2.1% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit rose 6% (2024 → 2025), to DKK 1.1m.
  • Equity rose 2% (2024 → 2025), to DKK 55.4m.

Employees

  • 1 fewer employees than a year earlier: 4 (12/2025) against 5 (12/2024).

Management and owners, last 24 months

  • New in management: René Lynge (board member, 21/05/2025).
  • Stepped down: Erik Bank Lauridsen (board member, 21/05/2025).
  • New owners registered: Hoffmann Esbjerg Holding A/S (14/01/2025).
  • No longer registered as owner: Hoffmann Property A/S (14/01/2025).

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 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
EquityNet profit
Financial figures for West-coast Real Estate A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−1,083−1,112−1,169−1,213−1,249−1,241+0.7%
Operating profit (EBIT)−1,083−1,112−1,169−1,213−1,249−1,241+0.7%
Profit before tax8,2599,4993,4971,647817872+6.7%
Net profit8,5749,6653,4971,8771,0691,129+5.7%
Total assets56,27872,09167,98556,48354,87357,276+4.4%
Equity53,98560,88162,19953,41854,31655,445+2.1%
Liabilities2,29311,2105,7863,0655571,831+228.6%
Cash and cash equivalents5,4605,0006,9263,7412,9063,952+36%
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 1.4m−DKK 1.2m−DKK 1m−DKK 800k−DKK 600k−DKK 400k−DKK 200kDKK 0202020212022202320242025
Gross profitMedian, the industry (191 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 West-coast Real Estate A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202505/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202308/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202221/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202122/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The 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
01234512/1912/2012/2112/2212/2312/2412/25
Employees

Position in the industry

191 companies in the database

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

Gross profit−DKK 1.2mNo. 177 of 188
Better than 6% of the companies in the industry
EquityDKK 55.4mNo. 54 of 191
Better than 72% of the companies in the industry
Number of employees4No. 150 of 191
Better than 22% of the companies in the industry

Industry median: gross profit −DKK 59,467, net profit DKK 344k, equity DKK 21.3m, 1 employees.

DKK 100kDKK 1.9mDKK 34.5mDKK 642.2mDKK 4.5bn
Distribution of gross profit for 56 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. 68,905of 69,742
Better than 1%
No. 2,850of 69,964
Better than 96%
Same industry and fewer than 20 employees189 companies in the comparison
No. 177of 187
Better than 5%
No. 52of 189
Better than 73%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 24,543of 24,791
Better than 1%
No. 2,156of 24,909
Better than 91%
All companies of type A/S18,025 companies in the comparison
No. 17,443of 17,786
Better than 2%
No. 3,348of 18,024
Better than 81%

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

Financial holding companies
Gross profit
  1. West-coast Real Estate A/S−DKK 1.2m
  2. Newcap Holding A/SDKK 11.9bn
  3. PC Offshore ApSDKK 315.2m
Net profit
  1. West-coast Real Estate A/SDKK 1.1m
  2. Newcap Holding A/SDKK 5bn
  3. PC Offshore ApSDKK 159.8m
Equity
  1. West-coast Real Estate A/SDKK 55.4m
  2. Newcap Holding A/SDKK 25.7bn
  3. PC Offshore ApSDKK 606.8m
Employees
  1. West-coast Real Estate A/S4
  2. Newcap Holding A/S4
  3. PC Offshore ApS3

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
West-coast Real Estate A/S

Management

6 active registrations

Executive management

Executive management at West-coast Real Estate A/S
NameRoleAppointed
Jesper KristensenDirector30/11/2009

Board of directors

Board of directors at West-coast Real Estate A/S
NameRoleAppointed
Erik KristensenBoard member30/11/2009
Peter Kirk LarsenChair of the board30/11/2009
Lars Henrik KruseBoard member04/04/2019
Allan Volf LorentsenBoard member30/04/2024
René LyngeBoard member21/05/2025
Founders
Property Kbh ApS, E. Bank Lauridsen Holding A/S, Hoffmann Property A/S, Henning G. Kruse Holding A/S
Former management (3)
Former management at West-coast Real Estate A/S
NameRoleAppointedResigned
Erik Bank LauridsenBoard member30/11/200921/05/2025
Per Borup JensenBoard member30/11/200930/04/2024
Henning Georg KruseBoard member30/11/200904/04/2019

Signing rule: Selskabet tegnes af bestyrelsesformanden og en direktør i forening eller af den samlede bestyrelse i forening

Address and production units

1 active production units

Reesens Vej 2
6800 Varde

Varde Municipality · Postcode 6800

Other companies at the address (5)

Production units
Production unitAddressEmployeesP number
WEST-COAST REAL ESTATE A/SReesens Vej 2, 6800 Varde41015697942

Purpose

Selskabets formål er at erhverve-, afhænde- og udleje fast ejendom samt hermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20255 changesaccounts 1 · management 2 · ownership 2
  • Annual report for 2024 published
  • René Lynge appointed board member
  • Erik Bank Lauridsen stepped down as board member
  • HOFFMANN ESBJERG HOLDING A/S registered as owner (25%)
  • HOFFMANN PROPERTY A/S is no longer registered as owner
20243 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • Allan Volf Lorentsen appointed board member
  • Per Borup Jensen stepped down as board member
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20194 changesmanagement 2 · ownership 2
  • Lars Henrik Kruse appointed board member
  • Henning Georg Kruse stepped down as board member
  • IN-Vest A/S registered as owner (25%)
  • HENNING G. KRUSE HOLDING A/S is no longer registered as owner
20126 changesindustry 1 · capital 1 · ownership 4
  • Industry changed to Finansielle holdingselskaber (642010)
  • Share capital changed from 25,000,000 DKK to 40,000,000 DKK
  • HOFFMANN PROPERTY A/S registered as owner (25%)
  • HENNING G. KRUSE HOLDING A/S registered as owner (25%)
  • PROPERTY KBH ApS registered as owner (25%)
  • E. BANK LAURIDSEN HOLDING A/S registered as owner (25%)
20101 changecapital 1
  • Share capital changed from 2,500,000 DKK to 25,000,000 DKK
20097 changesfounded 1 · management 6
  • Registered as WEST-COAST REAL ESTATE A/S
  • Erik Kristensen appointed board member
  • Erik Bank Lauridsen appointed board member
  • Jesper Kristensen appointed director
  • Peter Kirk Larsen appointed chair of the board
  • Per Borup Jensen appointed board member
  • Henning Georg Kruse appointed board member

Related companies

Same people in management

Largest in the industry

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 CVRReport a correction