CVR 27268358Private limited company (ApS)Ikke-finansielle holdingselskaber (642120)VardeFounded 21 Jul 2003
CVR holds no employment figures for this company.
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.
Dandex is Danish Company Data. Connect it once and ask about PBF HOLDING ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set up DandexGross profit
55K
DKK, annual report 2026
+1.2% on 2025
Result
+134.8K
DKK, annual report 2026
Equity
2.6M
DKK, annual report 2026
Peter Borg Frederiksen100% of capital and votes, since 21 Jul 2003
Personal holding company
Dandex estimate: NACE 642120, controlled by a personPeter Borg Frederiksensince 26 Sep 2003
100% of capital and votessince 21 Jul 2003
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
1 Danish company.
SubsidiaryCVR 44016079100% of capital and votes
Found by searching the CVR owner register (ejerregister) for PBF HOLDING ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 2721382025% to under 33.3% of capital and votes1 Jan 2017 to 23 Aug 2021
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.
CVR records founders at incorporation. It does not record whether they are alive or still involved.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Gross profit | 82 | 14 | 67 | 54 | 55 |
| Operating profit | +53 | -15 | +38 | +25 | +26 |
| Result for the year | +484 | -149 | +165 | -152 | +135 |
| Equity | 2,748 | 2,542 | 2,649 | 2,436 | 2,570 |
| Total assets | 4,008 | 4,806 | 4,836 | 4,637 | 4,798 |
| Employees (average) | Not reported | Not reported | Not reported | Not reported | 0 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | -25.3% | -82.6% | 372.4% | -19.4% | 1.2% |
| EBITDA | 82 | 14 | 67 | 54 | 55 |
| 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) | 0note 1 | 0note 1 | 0note 1 | 0note 1 | 0note 1 |
| 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.
Annual report 2026
1 May 2025 to 30 Apr 2026, published 28 Oct 2026
Annual report 2025
1 May 2024 to 30 Apr 2025, published 29 Oct 2025
Annual report 2024
1 May 2023 to 30 Apr 2024, published 30 Oct 2024
Annual report 2023
1 May 2022 to 30 Apr 2023, published 26 Oct 2023
Annual report 2022
1 May 2021 to 30 Apr 2022, published 26 Sep 2022
No changes since Dandex began following this company. For announcements from before then, see Registrations.
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).
The rows marked Pro on this page hold values in the Pro plan. For PBF HOLDING ApS, that is:
Have Pro? Sign in to see the values on this page.
Each registered value from the day it took effect, newest first.
From CVR, read 12 Nov 2026. Text such as the signing rule and purpose is shown as registered.
From CVR, read 12 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.
6 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Revision:
Fratrådte:
BDO Holding VII, statsautoriseret revisionsaktieselskab, den 08.08.2025.
Tiltrådte:
CVR-NR. 45719375 BDO 2025 Statsautoriseret Revisionspartnerselskab, Dokken 8, 6700 Esbjerg, den 08.08.2025.
Revision:
Fratrådte:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 01.12.2023.
Tiltrådte:
CVR-NR. 20222670 BDO STATSAUTORISERET REVISIONSAKTIESELSKAB, Dokken 8, 6700 Esbjerg, den 01.12.2023.
Vedtægter ændret: 11.05.2023
Selskabet tegnes af en direktør.
Formål ændret: Selskabets formål er formueforvaltning, besiddelse af kapitalandele i helt eller delvist ejede datterselskaber samt dermed beslægtet virksomhed efter direktionens skøn.
Revision:
Udtrådt af revisionen:
DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB, den 13.10.2011.
Indtrådt i revisionen:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, Frodesgade 125, 6700 Esbjerg, den 13.10.2011.
Vedtægter ændret:
26.09.2003.
Nyt navn:
PBF HOLDING ApS.
Ny adresse:
Toftegårdsvej 41, 6800 Varde.
Ny kommune:
Varde.
Direktion:
Udtrådt af direktionen:
Annemette Heller, den 26.09.2003.
Indtrådt i direktionen:
Peter Borg Frederiksen, den 26.09.2003.
Revision:
Udtrådt af revisionen:
ERNST & YOUNG STATSAUTORISERET REVISIONSAKTIESELSKAB, den 26.09.2003.
Indtrådt i revisionen:
Deloitte & Touche Statsautoriseret Revisionsaktieselskab, Frodesgade 125 C, 6700 Esbjerg, den 26.09.2003.
Regnskabsår ændret til:
01.05 - 30.04.
Første regnskabsår:
21.07.2003 - 30.04.2004.
Stiftelsesdato:
21.07.2003.
Seneste vedtægtsdato:
21.07.2003.
Kapital:
kr. 125.000,00.
Indbetalingsmåde:
kontant kr. 125.000,00 til kurs 100,00.
Stifter:
CVR-NR. 19270939 ApS KBUS 38 NR. 3117, Kronprinsessegade 18, 1306 København K, den 21.07.2003.
Direktion:
Annemette Heller, den 21.07.2003.
Selskabet tegnes af en direktør. Selskabet skal ingen bestyrelse have. Selskabet ledes af en direktion, der vælges af generalforsamlingen for 1 år ad gangen.
Revision:
ERNST & YOUNG STATSAUTORISERET REVISIONSAKTIESELSKAB, Ny Østergade 11, 4000 Roskilde, den 21.07.2003.
Første regnskabsår:
21.07.2003 - 31.03.2004.
Regnskabsår:
01.04 - 31.03.
1 registered in CVR.
P-number 1010002768Toftegårdsvej 41, 6800 Varde