TØNNING EJENDOMME ApS (CVR 25096479) company profile

Ownership

TØNNING INVEST ApS
CVR 1227897725% to under 33.3% of capital and votessince 17 Dec 1999
PWB Trading ApS
CVR 3737613250% to under 66.7% of capital and votesnotified 30 Dec 2017since 1 Nov 2017
OB Holding, Brædstrup ApS
CVR 4554286625% to under 33.3% of capital and votessince 7 Apr 2025

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

Former owners (2)

JB HOLDING INVEST ApS
CVR 1761109750% to under 66.7% of capital and votesnotified 30 Dec 201717 Dec 1999 to 1 Nov 2017
OB HOLDING, BRÆDSTRUP ApS
CVR 8977401225% to under 33.3% of capital and votesnotified 7 Apr 202517 Dec 1999 to 7 Apr 2025

Control chain

Ultimate controller
Pia Winther Bilstrup
Holds 100% of capital and votes in PWB HOLDING ApS, since 18 Jan 2011
Capital100%
Votes100%
Holding company
PWB HOLDING ApS
CVR 33397119Private limited company (ApS)
Holds 100% of capital and votes in PWB Trading ApS, since 14 Jan 2016
Capital100%
Votes100%
Holding company
PWB Trading ApS
CVR 37376132Private limited company (ApS)
Holds 50% to under 66.7% of capital and votes in TØNNING EJENDOMME ApS, since 1 Nov 2017
Capital50% to under 66.7%
Votes50% to under 66.7%
This company
TØNNING EJENDOMME ApS
CVR 25096479

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 15 Nov 2026.

Owned companies

TØNNING EJENDOMME ApS holds no Danish company now.

Found by searching the CVR owner register (ejerregister) for TØNNING EJENDOMME ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Former holdings (1)

MARKEDSPLADSEN ApS, BRÆDSTRUP
CVR 2509687866.7% to under 90% of capital and votes17 Dec 1999 to 29 Jun 2023

Dandex estimates

Legal ownership resolution (ejerforholdenes opløsning): Ends at a personThe chain of majority owners ends at a person, through 2 companies; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 15 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 15 Nov 2026.
Holding company assets (holdingselskabets aktiver): Pro: Holding company assets (holdingselskabets aktiver) is in the Pro plan, see pricingFor a holding company, the kind of asset that makes up half its balance sheet or more.
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 15 Nov 2026.
EU SME size class (SMV-kategori): Micro enterprise0 average employees, balance sheet EUR 294.9K 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 15 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.
Registry and report headcount compared (ansatte i register og regnskab): Pro: Registry and report headcount compared (ansatte i register og regnskab) is in the Pro plan, see pricingThe report's average employees beside the registry's staff over the same year.
Auditor's report (revisorpåtegning): Assistance without assuranceTagged in the report (cmn:TypeOfAuditorAssistance). Dandex estimate, rules and decision model v1, computed 12 Nov 2026, from the annual report for the year ending 31 Dec 2025.
Revenue model (indtægtsmodel): Pro: Revenue model (indtægtsmodel) is in the Pro plan, see pricingThe kinds of revenue the accounting policies name, and the main one.

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

People

Current (3)

Torben BilstrupExecutive board since 18 Dec 2006, Board of directors since 17 Dec 1999
Ole BilstrupBoard of directors since 17 Dec 1999
Jan BilstrupBoard of directors since 17 Dec 1999

Founders (4)

JB HOLDING INVEST ApSFounded 17 Dec 1999
MØLDRUP HOLDING ApSFounded 17 Dec 1999
OB HOLDING, BRÆDSTRUP ApSFounded 17 Dec 1999
TØNNING INVEST ApSFounded 17 Dec 1999, holds a current role

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

Former (2)

Frank Møldrup NielsenExecutive board 17 Dec 1999 to 18 Dec 2006, Board of directors 17 Dec 1999 to 17 Jan 2007
Bernhard AndersenAuditor 17 Dec 1999 to 1 Dec 2003

Network

Roles over time

Torben Bilstrup: Board of directors, 17 Dec 1999 to today; Executive board, 18 Dec 2006 to today.
Ole Bilstrup: Board of directors, 17 Dec 1999 to today.
Jan Bilstrup: Board of directors, 17 Dec 1999 to today.

17 Dec 1999 to 15 Nov 2026.

Former (2)

Frank Møldrup Nielsen: Executive board, 17 Dec 1999 to 18 Dec 2006; Board of directors, 17 Dec 1999 to 17 Jan 2007.
Bernhard Andersen: Auditor, 17 Dec 1999 to 1 Dec 2003.

17 Dec 1999 to 15 Nov 2026.

Executive board (direktion)Board of directors (bestyrelse)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

CVR holds no employment figures for this company.

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	767	133	74	104	158
Operating profit	+283	+48	+74	Not reported	+158
Result for the year	+13	-65	-27	+3	+45
Equity	213	148	121	124	169
Total assets	6,545	2,199	2,181	2,206	2,200
Employees (average)	Not reported	Not reported	Not reported	Not reported	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	68.7%	-82.7%	-44.3%	40.8%	47.2%
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 % 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.

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 Jan 2025 to 31 Dec 2025, published 27 May 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 12 Feb 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 26 Apr 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 7 Jun 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 17 May 2022
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 TØNNING EJENDOMME 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, holding company assets, demand cyclicality, registry and report headcount compared and revenue model.
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 17 Dec 1999
Purpose (formål): Selskabets formål er investering i faste ejendomme, pantebreve, værdipapirer og lignende.since 17 Dec 1999
Audit opted out (revision fravalgt): Yessince 30 May 2023
Articles of association last changed (seneste vedtægtsdato): 30 May 2023
Owners under 5% registered (ejerregistrering under 5 procent): Nosince 22 Sep 2015

Share capital

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

17 Dec 1999DKK 200,000Earliest in CVR

From CVR, read 15 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry facts

History (historik)

Name changes: 1 in all, none in the last 5 years; latest 17 Dec 1999
Address changes: 5 in all, 2 in the last 5 years; latest 18 Jan 2023At the current address for 3.8 years
Status changes: None recorded
Auditor changes: 5 in all, none in the last 5 years; latest 4 May 2018

Names (navne)

17 Dec 1999 to now
TØNNING EJENDOMME ApS
1 Dec 1999 to 16 Dec 1999
TØNNING EJENDOMME ApS UNDER STIFTELSE

Addresses (adresser)

18 Jan 2023 to now
Jernbanegade 11B, 8740 Brædstrup
8 Jan 2022 to 17 Jan 2023
Almindehøjvej 5, 8740 Brædstrup
14 Aug 2019 to 7 Jan 2022
Bredgade 43, st. tv, 8740 Brædstrup
8 Dec 2005 to 13 Aug 2019
Søbækvej 2, 8740 Brædstrup
30 Sep 2005 to 7 Dec 2005
Søbækvej 22, 8740 Brædstrup

Earlier entries (1)

1 Dec 1999 to 29 Sep 2005
Smedebakken 12, 8740 Brædstrup

Audit firms (revision)

4 May 2018 to 30 May 2023
Cedra Godkendt Revisionsaktieselskab
26 May 2017 to 4 May 2018
REDMARK, GODKENDT REVISIONSPARTNERSELSKAB
10 Jun 2016 to 26 May 2017
Cedra Godkendt Revisionsaktieselskab
27 Feb 2008 to 10 Jun 2016
ROESGAARD A/S
27 Sep 2006 to 27 Feb 2008
LDM Vejle ApS

Earlier entries (1)

1 Dec 2003 to 27 Sep 2006
Revisionsfirmaet Bernhard Andersens Eftf. v/Lisbeth Holm

From CVR, read 15 Nov 2026. A change is counted each time the registry records a new value, so a corrected address or an audit firm under a new entity counts too.

History (historik)

Registrations (registreringer)

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

10 Apr 2024
Audit change
Vedtægter ændret: 30.05.2023
Revision:
Fratrådte:
Roesgaard Godkendt Revisionspartnerselskab, den 30.05.2023.
18 Jan 2023
Address change
Ny adresse: Jernbanegade 11B, 8740 Brædstrup
8 Jan 2022
Address change
Ny adresse: Almindehøjvej 5, Tønning, 8740 Brædstrup
14 Aug 2019
Address change
Ny adresse: Bredgade 43, st. tv, 8740 Brædstrup
30 May 2018
Audit change
Revision:
Fratrådte:
REDMARK, STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 04.05.2018.
Tiltrådte:
CVR-NR. 37543128 Roesgaard & Partners Statsautoriseret Revisionspartnerselskab, c/o Postboks 68, Sønderbrogade 16, 8700 Horsens, den 04.05.2018.
30 Dec 2017
Address change
Ny adresse: Søbækvej 2, Troelstrup, 8740 Brædstrup
29 May 2017
Audit change
Revision:
Fratrådte:
Roesgaard & Partners Statsautoriseret Revisionspartnerselskab, den 26.05.2017.
Tiltrådte:
CVR-NR. 29442789 REDMARK, STATSAUTORISERET REVISIONSPARTNERSELSKAB, Sommervej 31C, 2., 8210 Aarhus V, den 26.05.2017.
23 Jun 2016
Audit change
Revision:
Fratrådte:
ROESGAARD & PARTNERS A/S, den 10.06.2016.
Tiltrådte:
CVR-NR. 37543128 Roesgaard & Partners Statsautoriseret Revisionspartnerselskab, c/o Postboks 68, Sønderbrogade 16, 8700 Horsens, den 10.06.2016.
27 Feb 2008
Other Audit change
Revision:
Udtrådt af revisionen:
CVR-NR. 19553876 LDM REVISION, REGISTRERET REVISIONSANPARTSSELSKAB, den 27.02.2008.
Indtrådt i revisionen:
CVR-NR. 25802063 SAMVIRKENDE REVISORER STATSAUTORISERET REVISIONSAKTIESELSKAB, Sønderbrogade 16, postboks 68, 8700 Horsens, den 27.02.2008.
28 Jan 2007
People change Other
Bestyrelse:
Udtrådt af bestyrelsen:
Frank Møldrup Nielsen, den 17.01.2007.

Show 7 more

20 Jan 2007
Other People change
Direktion:
Udtrådt af direktionen:
Frank Møldrup Nielsen, den 18.12.2006.
Indtrådt i direktionen:
Direktør Torben Bilstrup, den 18.12.2006.
1 Jan 2007
Address change
Ved kommunalreformen den 1. januar 2007 er hjemstedskommunen ændret.
25 Oct 2006
Audit change Other
Revision:
Udtrådt af revisionen:
Revisionsfirmaet Bernhard Andersens Eftf v/Lisbeth Holm, den 27.09.2006.
Indtrådt i revisionen:
CVR-NR. 19553876 LDM REVISION, REGISTRERET REVISIONSANPARTSSELSKAB, Jens Grøns Vej 2, 7100 Vejle, den 27.09.2006.
8 Dec 2005
Address change Other
Ny adresse:
Søbækvej 2, postboks 89, 8740 Brædstrup.
4 Oct 2005
Other Address change
Ny adresse:
Søbækvej 22, 8740 Brædstrup.
17 Dec 2003
Audit change
Revision:
Udtrådt af revisionen:
Statsaut. revisor Bernhard Andersen, den 01.12.2003.
Indtrådt i revisionen:
Revisionsfirmaet Bernhard Andersens Eftf v/Lisbeth Holm, 8600 Silkeborg, den 01.12.2003.
29 Dec 1999
New company
Stiftelsesdato:
01.12.1999.
Seneste vedtægtsdato:
17.12.1999.
Kapital:
kr. 200.000,00.
Show the full announcement
Indbetalingsmåde:
kontant kr. 200.000,00 til kurs 105,00.
Stiftere:
CVR-NR. 12278977 TØNNING INVEST ApS, Smedebakken 12, 8740 Brædstrup, den 17.12.1999, CVR-NR. 17611097 BILSTRUP TRANSPORT ApS, Smedebakken 12, Tønning, 8740 Brædstrup, den 17.12.1999, CVR-NR. 21034894 MØLDRUP HOLDING ApS, Nørregade 11, 8740 Brædstrup, den 17.12.1999, CVR-NR. 89774012 BRÆDSTRUP VVS TEKNIK ApS, Jernbanegade 19, 8740 Brædstrup, den 17.12.1999.
Bestyrelse:
Direktør Ole Bilstrup, den 17.12.1999, Vognmand Jan Bilstrup, den 17.12.1999, Direktør Torben Bilstrup, den 17.12.1999, Direktør Frank Møldrup Nielsen, den 17.12.1999.
Direktion:
Direktør Frank Møldrup Nielsen, den 17.12.1999.
Selskabet tegnes af direktionen.
Revision:
Statsaut. revisor Bernhard Andersen, 8740 Brædstrup, den 17.12.1999.
Første regnskabsår:
01.12.1999 - 31.12.2000.
Regnskabsår:
01.01 - 31.12.

Registrations (registreringer)

Registration

Address: Jernbanegade 11
8740 Brædstrup
Horsens Municipality
CVR record last changed: 25 Sep 2026
Data read: 15 Nov 2026

Production units

1 registered in CVR.

TØNNING EJENDOMME ApS
P-number 1007303277Jernbanegade 11, 8740 Brædstrup

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

Headcount

Financials

Changes

Registry facts

History (historik)

Registrations (registreringer)

Registration

Dandex in your own tools

Ownership

People

Financials

Who is behind it

Ownership

Control chain

Owned companies

Dandex estimates

People

Current (3)

Founders (4)

Network

Roles over time

Network

Headcount

Financials

Annual reports

Financials

Changes

Signals (signaler)

Changes

Pro for this company

Registry facts

Share capital

Registry facts

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

History (historik)

Registrations (registreringer)

Registrations (registreringer)

Registration

Production units

Dandex in your own tools

Who is behind it

Control chain

Owned companies

Dandex estimates

Current (3)

Founders (4)

Network

Shared by two or more of its people

Owners and the control chain

Its people and their other companies

Network

Roles over time

Financials

Annual reports

Changes

Signals (signaler)

Pro for this company

Registry facts

Share capital

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

Registrations (registreringer)

Production units

Network

Shared by two or more of its people

Owners and the control chain

Its people and their other companies