EXCELLENT FINANS ApS (CVR 16979503) company profile

Ownership

Birkholm Invest ApS
CVR 74382711100% of capital and votessince 22 Dec 2009

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Control chain

Ultimate controller
Helen Nyboe
Holds 100% of capital and votes in Birkholm Invest ApS, since 15 Jul 2008
Capital100%
Votes100%
Holding company
Birkholm Invest ApS
CVR 74382711Private limited company (ApS)
Holds 100% of capital and votes in EXCELLENT FINANS ApS, since 22 Dec 2009
Capital100%
Votes100%
This company
EXCELLENT FINANS ApS
CVR 16979503

Each holds the one below it. Control follows votes: an owner with 50% or more controls. Each bar shows the registered band, solid to its lower bound and faint across the range CVR records, with a mark at 50%. Dandex estimate, computed 12 Nov 2026.

Dandex estimates

Legal ownership resolution (ejerforholdenes opløsning): Ends at a personThe chain of majority owners ends at a person, through 1 company; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 12 Nov 2026.
Control tenure (ejerskabsperiode): Pro: Control tenure (ejerskabsperiode) is in the Pro plan, see pricingHow long the current ultimate controller has held control, from the CVR owner register.
Group position (koncernforhold): Has a parent, and no majority holding in a Danish companyControlled by a company in CVR; it holds 50% or more of no Danish company. Dandex estimate, rule v2, computed 12 Nov 2026.
Signing authority, structured (tegningsregel, struktureret): One person can bind the companyThe registered signing rule lets one person bind the company; current members: executive board 1. Dandex estimate, rule v2, computed 12 Nov 2026.
EU SME size class (SMV-kategori): Micro enterprise0 average employees, balance sheet EUR 697.7K in the 2025 report, and the same class the year before; its group's figures are not counted and could raise the class. Dandex estimate, rule v2, computed 12 Nov 2026.
Long-run headcount growth (beskæftigelsesudvikling siden 1998): Not determinedNo employment figures since Dec 2002. Dandex estimate, rule v1, computed 12 Nov 2026.
Demand cyclicality (konjunkturfølsomhed): Pro: Demand cyclicality (konjunkturfølsomhed) is in the Pro plan, see pricingHow demand for its products moves with the economy, from its industry.
Auditor's report (revisorpåtegning): Assistance without assuranceTagged in the report (cmn:TypeOfAuditorAssistance). Dandex estimate, rules and decision model v1, computed 12 Nov 2026.

Decided by Dandex with fixed rules from CVR and the filed annual reports, and for the auditor's report a calibrated decision model reading the auditor's text, not registered by the company. Each label links to its definition.

People

Current (1)

Hasse Kjærsgaard LarsenExecutive board since 4 Sep 2025

Founders (2)

Allan KlotzFounded 21 May 1993
Thjelle Orloff Edward EhrenskjöldFounded 21 May 1993

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Former (5)

Kim Einar NorupExecutive board 7 May 2001 to 1 Apr 2011
Thjelle Orloff Edward EhrenskjöldExecutive board 21 May 1993 to 7 May 2001
Allan KlotzExecutive board 21 May 1993 to 31 May 1995
Helen NyboeExecutive board 1 Apr 2011 to 4 Sep 2025
HH PENSIONS INVEST A/SAuditor 1 Sep 1996 to 1 Apr 2011

Network

Roles over time

Hasse Kjærsgaard Larsen: Executive board, 4 Sep 2025 to today.

4 Sep 2025 to 12 Nov 2026.

Former (5)

Helen Nyboe: Executive board, 1 Apr 2011 to 4 Sep 2025.
Kim Einar Norup: Executive board, 7 May 2001 to 1 Apr 2011.
HH PENSIONS INVEST A/S: Auditor, 1 Sep 1996 to 1 Apr 2011.
Thjelle Orloff Edward Ehrenskjöld: Executive board, 21 May 1993 to 7 May 2001.
Allan Klotz: Executive board, 21 May 1993 to 31 May 1995.

21 May 1993 to 12 Nov 2026.

Executive board (direktion)Other rolesEach bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Headcount

EmployeesFTE

2002, annual: 0 employees, 1 FTE

Show as table

Registry headcount, 1997 to 2002, oldest left to newest right
Period	1997	1998	1999	2000	2001	2002
Employees	2	1	2	2	2	0
FTE	1	1	1	2	2	1
Series	Annual	Annual	Annual	Annual	Annual	Annual

The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Annual 1997 to 2002.

Latest 2002, published 25 Jun 2004. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	-12	11	-53	161	136
Operating profit	-12	-11	-109	+114	+69
Result for the year	-3	-8	-130	+63	+11
Equity	2,470	2,462	2,331	2,394	2,405
Total assets	2,888	4,120	5,120	5,200	5,205
Employees (average)	Not reported	Not reported	Not reported	Not reported	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	-170.4%	n.m.^{note 1}	-592.4%	n.m.^{note 1}	-15.8%
EBITDA	Not reported^{note 2}	11	-53	161	136
EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit.	Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit.
Net interest-bearing debt (NIBD, nettorentebærende gæld)Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.	Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.
Gearing, NIBD / EBITDAPro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.	Pro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.
Interest coverage (rentedækning)Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.	Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.
Adjusted equity ratio (justeret soliditetsgrad)Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.	Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.
ROIC (afkast af investeret kapital)Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.	Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.
Capex (investeringer i anlægsaktiver)	Not reported^{note 3}	2,450^{note 4}	1,813^{note 4}	79^{note 4}	0^{note 5}
Capex % of sales (investeringer i procent af omsætningen)Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue.	Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue.
FCFF / EBITDA (pengestrømskonvertering)Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA.	Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA.

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages. Gearing and interest coverage are multiples. Rows marked Pro hold a value in the Pro plan. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may.

1 n.m.: the year before is not positive
2 no depreciation line filed
3 no capex filed
4 additions per the fixed asset notes
5 Dandex estimate: capex from the balance sheet change plus D&A

Credit rating (kreditvurdering): Pro: Credit rating (kreditvurdering) is in the Pro plan, see pricingA score from 0 to 100 with a grade from A to F, from the latest annual reports.
Capital loss (kapitaltab): Pro: Capital loss (kapitaltab) is in the Pro plan, see pricingNegative equity, or equity below half the share capital, in the latest report.
Filing deadline and punctuality (indsendelsesfrist): Pro: Filing deadline and punctuality (indsendelsesfrist) is in the Pro plan, see pricingThe next annual report deadline.

Annual reports

Annual report 2025
1 Jul 2024 to 30 Jun 2025, published 18 Dec 2025
XHTML
Annual report 2024
1 Jul 2023 to 30 Jun 2024, published 30 Dec 2024
PDF
Annual report 2023
1 Jul 2022 to 30 Jun 2023, published 29 Dec 2023
PDF
Annual report 2022
1 Jul 2021 to 30 Jun 2022, published 22 Dec 2022
PDF
Annual report 2021
1 Jul 2020 to 30 Jun 2021, published 10 Dec 2021
PDF

Financials

Changes

No changes since Dandex began following this company. For announcements from before then, see Registrations.

Signals (signaler)

Pro: Signals (signaler) are in the Pro plan, see pricingChanges worth a look, raised from the registry and new annual reports.

New leadership (nyt lederskab), New company (ny virksomhed), Ownership change (ejerskifte), Relocation (flytning), Growth surge (vækstspurt), Headcount decline (nedgang i ansatte), Restructuring (omstrukturering), Industry change (brancheskift), Board change (bestyrelsesændring), Dissolution (ophør), Distress warning (risikoadvarsel), Fund investment (fondsinvestering), Fund exit (fondsexit), Fund board seat (fondsbestyrelsespost).

Changes

Pro for this company

The rows marked Pro on this page hold values in the Pro plan. For EXCELLENT FINANS ApS, that is:

Credit and debt: Net interest-bearing debt, gearing, NIBD / EBITDA, interest coverage and adjusted equity ratio, for 2021 to 2025.Credit rating, capital loss and filing deadline and punctuality.
Returns and cash flow: EBITDA / gross profit, ROIC, capex % of sales and FCFF / EBITDA, for 2021 to 2025.
Advanced estimates: Control tenure and demand cyclicality.
Signals and monitoring: Signals on this company, as Dandex raises them.

See the Pro plan

Have Pro? Sign in to see the values on this page.

Registry facts

Signing rule (tegningsregel): Selskabet tegnes af direktionen.since 27 Sep 2012
Purpose (formål): Selskabets formål er financiering, investering, samt rådgivning i forbindelse hermed.since 27 Sep 2012
Audit opted out (revision fravalgt): Yessince 28 Nov 2019
Articles of association last changed (seneste vedtægtsdato): 27 Sep 2012
Anti-money-laundering act (hvidvaskloven): Not covered (Ikke omfattet)since 7 Mar 2022
Financial year change (omlægning af regnskabsår): 1 Nov 2011 to 30 Jun 2012

Share capital

Each registered value from the day it took effect, newest first.

27 May 1993DKK 200,000Earliest in CVR

From CVR, read 12 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry facts

Registrations (registreringer)

10 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.

15 Sep 2025
People change
Direktion:
Fratrådte:
Helen Nyboe, den 04.09.2025.
Tiltrådte:
Hasse Kjærsgaard Larsen, den 04.09.2025.
6 Jan 2020
Audit change
Revision:
Fratrådte:
CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB, den 28.11.2019.
27 Sep 2012
Other
Vedtægter ændret:
27.09.2012.
Regnskabsår ændret til:
01.07 - 30.06.
Omlægningsperiode:
01.11.2011 - 30.06.2012.
2 May 2011
Audit change Other
Revision:
Udtrådt af revisionen:
HH PENSIONS INVEST A/S, den 01.04.2011.
Indtrådt i revisionen:
CVR-NR. 15915641 CHRISTENSEN KJÆRULFF, STATSAUTORISERET REVISIONSAKTIESELSKAB, Store Kongensgade 68, postboks 9015, 1264 København K, den 01.04.2011.
14 Apr 2011
People change Other
Ny adresse:
Odensegade 16A, kl. tv., 2100 København Ø.
Ny kommune:
København.
Direktion:
Udtrådt af direktionen:
Show the full announcement
Kim Einar Norup, den 01.04.2011.
Indtrådt i direktionen:
Direktør Helen Nyboe, den 01.04.2011.
6 Jun 2001
People change Address change
Vedtægter ændret:
07.05.2001.
Ny adresse:
Hyrdindestien 13, 2730 Herlev.
Ny kommune:
Herlev.
Show the full announcement
Direktion:
Udtrådt af direktionen:
Thjelle Orloff Edward Ehrenskjold.
Indtrådt i direktionen:
Kim Einar Norup (Direktør).
10 Sep 1996
Audit change
Revision:
Udtrådt af revisionen:
Revisionsfirmaet Ole Hvid Nielsen og William Rasmussen.
Indtrådt i revisionen:
WULFF & KJÆRSGAARD A/S, Nyhavn 38, 1051 København K.
15 Jun 1995
People change
Direktion:
Udtrådt af direktionen:
Allan Klotz.
Indtrådt i direktionen:
Advokat Thjelle Orloff Edward Ehrenskjold.
27 Jul 1994
Address change
Ny adresse:
Trommesalen 7, 3., 1614 København V.
19 Aug 1993
New company
Stiftelsesdato:
21.05.1993
Seneste vedtægtsdato:
21.05.1993
Kapital:
kr. 200.000,00
Show the full announcement
Indbetalingsmåde:
kontant kr. 200.000,00 til kurs 100,00
Stiftere:
Advokat Thjelle Orloff Edward Ehrenskjold, Direktør Allan Klotz
Direktion:
Direktør Allan Klotz
Selskabet tegnes af direktionen.
Revision:
Revisionsfirmaet.Ole Hvid Nielsen og William Rasmussen, 1255 København K
Første regnskabsår:
21.05.1993 - 31.10.1994
Regnskabsår:
01.11 - 31.10

Registrations (registreringer)

Registration

Address: Odensegade 16
2100 København Ø
København Municipality
CVR record last changed: 15 Sep 2025
Data read: 12 Nov 2026

Production units

1 registered in CVR.

EXCELLENT FINANS APS
P-number 1001196539Odensegade 16, 2100 København Ø

Compiled by Dandex from the Danish Business Registry (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

Ownership

People

Network

Financials

Changes

Registry facts

Registrations (registreringer)

Registration

Dandex in your own tools

Ownership

People

Financials

Who is behind it

Ownership

Control chain

Dandex estimates

People

Current (1)

Founders (2)

Network

Roles over time

Network

Headcount

Financials

Annual reports

Financials

Changes

Signals (signaler)

Changes

Pro for this company

Registry facts

Share capital

Registry facts

Registrations (registreringer)

Registrations (registreringer)

Registration

Production units

Dandex in your own tools

Who is behind it

Control chain

Dandex estimates

Current (1)

Founders (2)

Network

Owners and the control chain

Its people and their other companies

Network

Roles over time

Headcount

Financials

Annual reports

Changes

Signals (signaler)

Pro for this company

Registry facts

Share capital

Registrations (registreringer)

Production units

Network

Owners and the control chain

Its people and their other companies