West Estate ApS
Private limited companyCVR 43648454EsbjergActive
West Estate ApS is a private limited company, based in Esbjerg, active in management of real estate on a contract basis, founded in 2022. Net profit rose 8% from 2024 to 2025, ending at DKK 528k. Profit has grown three years in a row. With 11 employees, the company is about 4 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 8% (2024 → 2025), to DKK 3.3m.
- Net profit rose 8% (2024 → 2025), to DKK 528k.
- Equity rose 131% (2024 → 2025), to DKK 931k.
Employees
- 6 more employees than a year earlier: 11 (07/2026) against 5 (07/2025).
Registrations, last 24 months
- 01/01/2026: Industry changed to Management of real estate on a contract basis (683210)
- 10/12/2025: Moved to Torvet 21, 1, 6700 Esbjerg
- 08/12/2025: Moved to Torvet 21, 1, 6700 Esbjerg
- 19/11/2024: Moved to Kongensgade 96, st. th, 6700 Esbjerg
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 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | 559 | 2,999 | 3,254 | +8.5% |
| Operating profit (EBIT) | 382 | 1,454 | 1,595 | +9.7% |
| Profit before tax | 421 | 669 | 677 | +1.2% |
| Net profit | 323 | 490 | 528 | +7.6% |
| Total assets | 541 | 3,237 | 5,902 | +82.3% |
| Equity | 363 | 403 | 931 | +131% |
| Liabilities | 179 | 2,789 | 4,925 | +76.6% |
| Cash and cash equivalents | 394 | 0 | – | – |
| Average number of employees | 1 | 3 | 3 | 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 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
Annual reports
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 16/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/07/2025 | The company | PDFXBRL |
| 2023 | 07/11/2022 – 31/12/2023 | 28/06/2024 | 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.
Employees
monthly figures from CVRPosition in the industry
332 companies in the databaseComparison with the other companies in management of real estate on a contract basis based on the latest financial year.
Industry median: gross profit DKK 2.6m, net profit DKK 401k, equity DKK 3.8m, 3 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. 21,011of 69,742 Better than 70% | No. 34,613of 69,964 Better than 51% |
| Same industry and fewer than 20 employees278 companies in the comparison | No. 98of 274 Better than 64% | No. 190of 278 Better than 32% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 3,639of 16,614 Better than 78% | No. 4,092of 16,661 Better than 75% |
| All companies of type ApS66,508 companies in the comparison | No. 20,849of 66,379 Better than 69% | No. 30,466of 66,505 Better than 54% |
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
Management of real estate on a contract basis- West Estate ApSDKK 3.3m
- Balder Danmark A/SDKK 615.8m
- Deas A/SDKK 348.2m
- West Estate ApSDKK 528k
- Balder Danmark A/SDKK 765.8m
- Deas A/S−DKK 84.5m
- West Estate ApSDKK 931k
- Balder Danmark A/SDKK 6.4bn
- Deas A/SDKK 45.9m
- West Estate ApS11
- Balder Danmark A/S108
- Deas A/S503
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Emil Torbensen Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Emil Rask Gantzel Torbensen | CEO | 07/11/2022 |
- Founders
- Emil Torbensen Holding ApS
Signing rule: Selskabet tegnes af én direktør.
Address and production units
1 active production unitsTorvet 21
6700 Esbjerg
Esbjerg Municipality · Postcode 6700
Other companies at the address (5)
- VITO Ejendomme ApSRenting of commercial property
- TORSK Real Estate ApSOther renting of housing
- West Estate Esbjerg FG ApSOther renting of housing
- West Estate ManCo ApSManagement of real estate on a contract basis
- Power People Syd ApSTemporary employment agency activities and other staff provision
| Production unit | Address | Employees | P number |
|---|---|---|---|
| West Estate ApS | Torvet 21, 1, 6700 Esbjerg | 10 | 1028755798 |
Purpose
Selskabets formål er at virke som management selskab og direkte eller indirekte (i) at eje og administrere fast ejendom, (ii) at drive investerings- og rådgivningsvirksomhed ved køb, salg, drift, udvikling af fast ejendom, (iii) besiddelse af kapitalandele eller værdipapirer og (iv) forvalte ejendomme.
The purpose is quoted from the register in Danish.
Changes year by year
14 registered events20262 changesaccounts 1 · industry 1
- AccountsAnnual report for 2025 published
- IndustryIndustry changed to Management of real estate on a contract basis (683210)
20253 changesaddress 2 · accounts 1
- AddressMoved to Torvet 21, 1, 6700 Esbjerg
- AddressMoved to Torvet 21, 1, 6700 Esbjerg
- AccountsAnnual report for 2024 published
20242 changesaddress 1 · accounts 1
- AddressMoved to Kongensgade 96, st. th, 6700 Esbjerg
- AccountsAnnual report for 2023 published
20234 changesaddress 2 · name 1 · industry 1
- AddressMoved to Toldbodgade 10, 4, 6000 Kolding
- NameName changed from TORSK ApS to West Estate ApS
- IndustryIndustry changed to Other renting of housing (682030)
- AddressMoved to Parkvej 83, 6710 Esbjerg V
20223 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as TORSK ApS
- ManagementEmil Rask Gantzel Torbensen appointed ceo
- OwnershipEmil Torbensen Holding ApS registered as owner (100%)
Related companies
Same industry in Esbjerg
- Administrationsselskabet Aunbøl A/S20 employees
- Bovida ApS6 employees
- Anders Hintze Arkitektur & Design ApS3 employees
- Deab A/S2 employees
- PL Hotels Esbjerg A/S2 employees
- West Estate ManCo ApS2 employees
Same people in management
- Administrationsselskabet Aunbøl A/Svia Emil Rask Gantzel Torbensen
- Spring Estate Amaliekild ApSvia Emil Rask Gantzel Torbensen
- VITO Ejendomme ApSvia Emil Rask Gantzel Torbensen
- Spring Estate Toldkild ApSvia Emil Rask Gantzel Torbensen
- TORSK Real Estate ApSvia Emil Rask Gantzel Torbensen
- Spring Estate Randkild ApSvia Emil Rask Gantzel Torbensen
Largest in the industry
- Balder Danmark A/SDKK 615.8m
- Deas A/SDKK 348.2m
- Newsec Property Asset Management Denmark A/SDKK 327.2m
- Ista Danmark A/SDKK 265.4m
- Brunata A/SDKK 248.7m
- Techem Danmark A/SDKK 172m
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.