West Estate Esbjerg FG ApS
Private limited companyCVR 42522392EsbjergActive
West Estate Esbjerg FG ApS is a private limited company, based in Esbjerg, active in other renting of housing, founded in 2021. Net profit rose 124% from 2024 to 2025, ending at DKK 364k. Equity grew to DKK 4.9m in 2025. 5 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 35% (2024 → 2025), to DKK 1.1m.
- Net profit rose 124% (2024 → 2025), to DKK 364k.
- Equity rose 290% (2024 → 2025), to DKK 4.9m.
Management and owners, last 24 months
- New in management: Emil Rask Gantzel Torbensen (director, 17/03/2026), Morten Møller Nyborg (director, 26/06/2025) and Emil Rask Gantzel Torbensen (director, 26/06/2025).
- Stepped down: Morten Frank Hansen (director, 26/06/2025), Peter Frank Hansen (director, 26/06/2025) and Morten Møller Nyborg (director, 17/03/2026) (+1).
- New owners registered: West Estate Esbjerg FG HoldCo ApS (26/06/2025).
- No longer registered as owner: Morten Frank Hansen (26/06/2025) and Peter Frank Hansen (26/06/2025).
Registrations, last 24 months
- 31/03/2026: Moved to Torvet 21, 1, 6700 Esbjerg
- 17/03/2026: Name changed from Frodesgade PropCo ApS to West Estate Esbjerg FG ApS
- 26/06/2025: Moved to Kongensgade 96, st. th, 6700 Esbjerg
- 26/06/2025: Name changed from MPF Ejendomme ApS to Frodesgade PropCo ApS
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 2021–2025 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 581 | 1,145 | 1,052 | 841 | 1,138 | +35.3% |
| Operating profit (EBIT) | 363 | 876 | 570 | 463 | 1,138 | +145.8% |
| Profit before tax | 360 | 565 | 287 | 136 | 470 | +246.3% |
| Net profit | 277 | 425 | 164 | 162 | 364 | +123.9% |
| Total assets | 9,851 | 15,334 | 14,966 | 14,920 | 20,309 | +36.1% |
| Equity | 622 | 1,047 | 1,094 | 1,256 | 4,905 | +290.5% |
| Liabilities | 9,226 | 14,283 | 13,869 | 13,664 | 14,587 | +6.8% |
| Cash and cash equivalents | – | 15 | 38 | 85 | 0 | −100% |
| Average number of employees | 2 | 2 | 2 | 2 | 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 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
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 05/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 17/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 30/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 29/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/06/2022 | 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
936 companies in the databaseComparison with the other companies in other renting of housing based on the latest financial year.
Industry median: gross profit DKK 1.3m, net profit DKK 446k, equity DKK 10.9m, 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. 42,385of 69,742 Better than 39% | No. 14,344of 69,964 Better than 79% |
| Same industry and fewer than 20 employees927 companies in the comparison | No. 487of 922 Better than 47% | No. 626of 927 Better than 33% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 22,194of 33,588 Better than 34% | No. 6,162of 33,687 Better than 82% |
| All companies of type ApS66,508 companies in the comparison | No. 40,817of 66,379 Better than 39% | No. 11,416of 66,505 Better than 83% |
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
Other renting of housing- West Estate Esbjerg FG ApSDKK 1.1m
- Thornico A/SDKK 3.6bn
- Berlin High End A/SDKK 168.3m
- West Estate Esbjerg FG ApSDKK 364k
- Thornico A/SDKK 751m
- Berlin High End A/SDKK 113m
- West Estate Esbjerg FG ApSDKK 4.9m
- Thornico A/SDKK 4.9bn
- Berlin High End A/SDKK 3.2bn
- West Estate Esbjerg FG ApS2
- Thornico A/S15
- Berlin High End A/S2
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- West Estate Esbjerg FG HoldCo ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Emil Rask Gantzel Torbensen | Director | 17/03/2026 |
- Founders
- Morten Frank Hansen, Peter Frank Hansen
Former management (4)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Morten Frank Hansen | Director | 30/06/2021 | 26/06/2025 |
| Peter Frank Hansen | Director | 30/06/2021 | 26/06/2025 |
| Morten Møller Nyborg | Director | 26/06/2025 | 17/03/2026 |
| Emil Rask Gantzel Torbensen | Director | 26/06/2025 | 26/06/2025 |
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)
- West Estate ApSManagement of real estate on a contract basis
- VITO Ejendomme ApSRenting of commercial property
- TORSK Real Estate 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 Esbjerg FG ApS | Torvet 21, 1, 6700 Esbjerg | 2 | 1027342562 |
Purpose
Selskabets formål er ejendomsudlejning og anden virksomhed i forbindelse hermed efter ledelsens skøn.
The purpose is quoted from the register in Danish.
Changes year by year
27 registered events20265 changesaccounts 1 · address 1 · name 1 · management 2
- AccountsAnnual report for 2025 published
- AddressMoved to Torvet 21, 1, 6700 Esbjerg
- NameName changed from Frodesgade PropCo ApS to West Estate Esbjerg FG ApS
- ManagementEmil Rask Gantzel Torbensen appointed director
- ManagementMorten Møller Nyborg stepped down as director
202511 changesname 1 · address 1 · management 5 · ownership 3 · accounts 1
- NameName changed from MPF Ejendomme ApS to Frodesgade PropCo ApS
- AddressMoved to Kongensgade 96, st. th, 6700 Esbjerg
- ManagementMorten Møller Nyborg appointed director
- ManagementEmil Rask Gantzel Torbensen appointed director
- ManagementEmil Rask Gantzel Torbensen stepped down as director
- ManagementMorten Frank Hansen stepped down as director
- ManagementPeter Frank Hansen stepped down as director
- OwnershipWest Estate Esbjerg FG HoldCo ApS registered as owner (100%)
- OwnershipMorten Frank Hansen is no longer registered as owner
- OwnershipPeter Frank Hansen is no longer registered as owner
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · address 1
- AccountsAnnual report for 2021 published
- AddressMoved to Aksel Sørensens Vej 3, 8543 Hornslet
20217 changesname 1 · industry 1 · founded 1 · management 2 · ownership 2
- NameName changed from Udlejningsejendom Frodesgade 48-52 ApS to MPF Ejendomme ApS
- IndustryIndustry changed to Other renting of housing (682030)
- FoundedRegistered as Udlejningsejendom Frodesgade 48-52 ApS
- ManagementMorten Frank Hansen appointed director
- ManagementPeter Frank Hansen appointed director
- OwnershipMorten Frank Hansen registered as owner (50%)
- OwnershipPeter Frank Hansen registered as owner (50%)
Related companies
Same industry in Esbjerg
- Spring Estate Amaliekild ApS6 employees
- Schønning Invest A/S5 employees
- TORSK Real Estate ApS4 employees
- Spring Estate Randkild ApS4 employees
- Cdk Ejendomme Esbjerg ApS3 employees
- Nica Ejendomme ApS3 employees
Same people in management
- Administrationsselskabet Aunbøl A/Svia Emil Rask Gantzel Torbensen
- Petersen-bach A/Svia Morten Møller Nyborg
- West Estate ApSvia Emil Rask Gantzel Torbensen
- VITO Ejendomme ApSvia Emil Rask Gantzel Torbensen
- Spring Estate Amaliekild ApSvia Emil Rask Gantzel Torbensen
- Spring Estate Toldkild ApSvia Emil Rask Gantzel Torbensen
Largest in the industry
- Thornico A/SDKK 3.6bn
- Berlin High End A/SDKK 168.3m
- Bach Gruppen Ejendomme A/SDKK 124m
- Asx 4078 ApSDKK 107.3m
- Core Bolig VI KommanditaktieselskabDKK 84.1m
- Core Bolig Iv KommanditaktieselskabDKK 82.7m
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.