SC, AARHUS A/S (CVR 29524394) Company Profile

Ownership

M+ Ejendomme A/S
CVR 10054672100% of capital and votessince 1 Apr 2022

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

Former owners (1)

EUROPEAN PROPERTIES A/S
CVR 29184976100% of capital and votesnotified 1 Apr 20223 May 2006 to 1 Apr 2022

Control Chain

Ultimate controller
Bettina Antitsch Mortensen
Holds 100% of capital and votes in M+ Invest A/S, since 20 Dec 2022
Capital100%
Votes100%
Holding company
M+ Invest A/S
CVR 43724320Public limited company (A/S)
Holds 90% to under 100% of capital and 50% to under 66.7% of votes in B.A.M. A/S, since 20 Dec 2022
Capital90% to under 100%
Votes50% to under 66.7%
Holding company
B.A.M. A/S
CVR 43554387Public limited company (A/S)
Holds 66.7% to under 90% of capital and votes in M+ III A/S, since 1 Oct 2022
Capital66.7% to under 90%
Votes66.7% to under 90%
Holding company
M+ III A/S
CVR 43435108Public limited company (A/S)
Holds 100% of capital and votes in M+ Ejendomme A/S, since 24 Sep 2022
Capital100%
Votes100%
Holding company
M+ Ejendomme A/S
CVR 10054672Public limited company (A/S)
Holds 100% of capital and votes in SC, AARHUS A/S, since 1 Apr 2022
Capital100%
Votes100%
This company
SC, AARHUS A/S
CVR 29524394

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 10 Nov 2026.

Dandex Estimates

Legal ownership resolution (Ejerforholdenes opløsning): Ends at a personThe chain of majority owners ends at a person, through 4 companies; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 10 Nov 2026.
Control tenure (Ejerskabsperiode): Pro: 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 10 Nov 2026.
Holding company assets (Holdingselskabets aktiver): Pro: 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): Two people must act togetherThe registered signing rule needs at least two people acting together. Dandex estimate, rule v2, computed 10 Nov 2026.

Decided by Dandex with fixed rules from the CVR register and the filed annual reports, not registered by the company. Each label links to its definition.

People

Current (3)

Claus PorsgaardExecutive board since 28 Apr 2023, Board of directors since 1 Apr 2022
Bettina Antitsch MortensenBoard of directors since 1 Apr 2022
Per Christian HansenBoard of directors since 1 Apr 2022

Founders (1)

EUROPEAN PROPERTIES A/SFounded 1 May 2006

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

Former (6)

Helle FriisExecutive board 1 May 2006 to 1 Apr 2022
Peter Heide WesselExecutive board 1 Apr 2022 to 16 May 2022
Henrik HansenExecutive board 16 May 2022 to 28 Apr 2023
Ole Michael FriisBoard of directors 1 May 2006 to 1 Apr 2022
Jens BellingBoard of directors 1 May 2006 to 1 Apr 2022
Ulrik MørkBoard of directors 1 May 2006 to 1 Apr 2022

Network

Roles Over Time

Claus Porsgaard: Board of directors, 1 Apr 2022 to today; Executive board, 28 Apr 2023 to today.
Bettina Antitsch Mortensen: Board of directors, 1 Apr 2022 to today.
Per Christian Hansen: Board of directors, 1 Apr 2022 to today.

1 Apr 2022 to 10 Nov 2026.

Former (6)

Henrik Hansen: Executive board, 16 May 2022 to 28 Apr 2023.
Peter Heide Wessel: Executive board, 1 Apr 2022 to 16 May 2022.
Helle Friis: Executive board, 1 May 2006 to 1 Apr 2022.
Ole Michael Friis: Board of directors, 1 May 2006 to 1 Apr 2022.
Jens Belling: Board of directors, 1 May 2006 to 1 Apr 2022.
Ulrik Mørk: Board of directors, 1 May 2006 to 1 Apr 2022.

1 May 2006 to 10 Nov 2026.

Executive board (Direktion)Board of directors (Bestyrelse)Each 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	7,210	6,202	6,829	7,084	7,888
Operating profit	Not reported	+38,217	-3,531	+5,386	+9,401
Result for the year	+4,359	+28,419	-3,966	+3,101	+6,004
Equity	51,974	86,306	80,834	83,271	89,244
Total assets	158,995	196,066	186,345	188,223	191,693
Employees (average)	Not reported	Not reported	Not reported	Not reported	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	n.m.^{note 1}	21.8%	10.1%	3.7%	11.4%
EBITDA	Not reported^{note 2}	70,231	6,829	7,084	Not reported^{note 2}
EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)	Pro: in the Pro plan, see pricingEBITDA as a share of gross profit.
Net interest-bearing debt (NIBD, nettorentebærende gæld)	Pro: in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.
Gearing, NIBD / EBITDA	Pro: in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.
Interest coverage (rentedækning)	Pro: in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.
Adjusted equity ratio (justeret soliditetsgrad)	Pro: in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.
ROIC (afkast af investeret kapital)	Pro: in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.
Capex (investeringer i anlægsaktiver)	75^{note 3}	311	112	2,747	Not reported^{note 4}
Capex % of sales (investeringer i procent af omsætningen)	Pro: in the Pro plan, see pricingCapex as a share of revenue.
FCFF / EBITDA (pengestrømskonvertering)	Pro: 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 additions per the fixed asset notes
4 no capex filed

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

Annual Reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 3 Jun 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 10 Jun 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 21 Jun 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 30 Jun 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 14 Mar 2022
PDF

Financials

Changes

All changes

29 Sep 2026
Ownership change
SC, AARHUS A/S (CVR 29524394) har foretaget ejerskifte pr. 29. september 2026: 2 indtrådt.
28 Apr 2023
Director change
SC, AARHUS A/S (CVR 29524394) har foretaget direktørskifte pr. 28. april 2023: 1 indtrådt.
16 May 2022
Director change
SC, AARHUS A/S (CVR 29524394) har foretaget direktørskifte pr. 16. maj 2022: 1 indtrådt.
1 Apr 2022
Director change
SC, AARHUS A/S (CVR 29524394) har foretaget direktørskifte pr. 1. april 2022: 3 indtrådt.
1 May 2006
Director change
SC, AARHUS A/S (CVR 29524394) har foretaget direktørskifte pr. 1. maj 2006: 4 indtrådt.

Signals (signaler)

Pro: 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 SC, AARHUS A/S, 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 holding company assets.
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 en direktør i forening med et bestyrelsesmedlem, af to bestyrelsesmedlemmer i forening, eller af den samlede bestyrelse.since 30 Mar 2022
Purpose (Formål): Selskabets formål er - direkte eller via besiddelse af kapitalandele i andre selskaber - at drive virksomheder inden for projektudvikling, byggeri og fast ejendom samt anden virksomhed, der efter ledelsens skøn er forbundet hermed.since 1 Apr 2022
Audit opted out (Revision fravalgt): Nosince 1 May 2006
Articles of association last changed (Seneste vedtægtsdato): 1 Apr 2022
Anti-money-laundering act (Hvidvaskloven): Not covered (Ikke omfattet)since 23 Sep 2016

Share Capital

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

1 May 200620,000,000 DKKEarliest in CVR

From CVR, read 10 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry Facts

Registrations (Registreringer)

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

27 Jun 2023
People change
Bestyrelse:
Fratrådte:
Per Christian Hansen, den 27.06.2023.
Tiltrådte:
Per Christian Hansen, (næstformand), den 27.06.2023.
11 May 2023
Address change
Ny adresse: c/o M+ Ejendomme A/S, Rosenkrantzvej 2, 8700 Horsens
28 Apr 2023
People change
Direktion:
Fratrådte:
Henrik Hansen, den 28.04.2023.
Tiltrådte:
Claus Porsgaard, den 28.04.2023.
16 May 2022
People change
Direktion:
Fratrådte:
Peter Heide Wessel, den 16.05.2022.
Tiltrådte:
Henrik Hansen, den 16.05.2022.
1 Apr 2022
Audit change People change Address change
Vedtægter ændret: 01.04.2022
Ny adresse: c/o M+ Ejendomme A/S, Havnen 3, 8700 Horsens
Ny kommune: Horsens
Bestyrelse:
Fratrådte:
Jens Belling, den 01.04.2022, Ole Michael Friis, (formand), den 01.04.2022, Ulrik Mørk, den 01.04.2022.
Show the full announcement
Tiltrådte:
Per Christian Hansen, den 01.04.2022, Bettina Antitsch Mortensen, (formand), den 01.04.2022, Claus Porsgaard, den 01.04.2022.
Direktion:
Fratrådte:
Helle Friis, den 01.04.2022.
Tiltrådte:
Peter Heide Wessel, den 01.04.2022.
Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem, af to bestyrelsesmedlemmer i forening, eller af den samlede bestyrelse.
Revision:
Fratrådte:
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 01.04.2022.
Tiltrådte:
CVR-NR. 33771231 PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, Herredsvej 32, 7100 Vejle, den 01.04.2022.
Formål ændret: Selskabets formål er - direkte eller via besiddelse af kapitalandele i andre selskaber - at drive virksomheder inden for projektudvikling, byggeri og fast ejendom samt anden virksomhed, der efter ledelsens skøn er forbundet hermed.
15 Oct 2019
Address change
Ny adresse: Fynsvej 56, 5500 Middelfart
Ny kommune: Middelfart
22 Sep 2016
Address change
Ny adresse: Rugårdsvej 590, Slukefter, 5210 Odense NV
Ny kommune: Odense
1 Oct 2015
People change Audit change
Revision:
Fratrådte:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 30.09.2015.
Tiltrådte:
CVR-NR. 33771231 PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, Rytterkasernen 21, 5000 Odense C, den 30.09.2015.
23 Sep 2014
Other
Vedtægter ændret:
10.09.2014.
23 Sep 2014
Other
Ny adresse:
Fynsvej 9, 5500 Middelfart.
Ny kommune:
Middelfart.

Show 3 more

6 Dec 2011
Audit change Other
Revision:
Udtrådt af revisionen:
DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB, den 13.10.2011.
Indtrådt i revisionen:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, Tværkajen 5, 5000 Odense C, den 13.10.2011.
23 Jun 2006
Other Address change
Vedtægter ændret:
23.06.2006.
Ny adresse:
c/o Centerbyg, Odense A/S, Gørtlervej 13, 5230 Odense M.
Ny kommune:
Odense.
3 May 2006
New company
Stiftelsesdato:
01.05.2006.
Seneste vedtægtsdato:
01.05.2006.
Kapital:
kr. 20.000.000,00.
Show the full announcement
Indbetalingsmåde:
kontant kr. 20.000.000,00 til kurs 100,00.
Stifter:
CVR-NR. 29184976 EUROPEAN PROPERTIES A/S, Industrivej 11, Vangen, 9900 Frederikshavn, den 01.05.2006.
Bestyrelse:
Statsaut. revisor Ole Michael Friis (formand), den 01.05.2006, Direktør Jens Belling, den 01.05.2006, Ulrik Mørk, den 01.05.2006.
Direktion:
Direktør Helle Friis, den 01.05.2006.
Selskabet tegnes af en direktør i forening med bestyrelsesformanden alene eller af den samlede bestyrelse.
Revision:
DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB, Østre Stationsvej 1, 5100 Odense C, den 01.05.2006.
Første regnskabsår:
01.05.2006 - 31.12.2006.
Regnskabsår:
01.01 - 31.12.

Registrations (Registreringer)

Registration

Address: Rosenkrantzvej 2
8700 Horsens
Horsens Municipality
CVR record last changed: 29 Sep 2026
Data read: 10 Nov 2026

Production Units

1 registered in CVR.

SC, AARHUS A/S
P-number 1012232892Rosenkrantzvej 2, 8700 Horsens

Compiled by Dandex from the Central Business Register (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

Registrations (Registreringer)

Registration

Dandex in Your Own Tools

Ownership

People

Financials

Who Is Behind It

Ownership

Control Chain

Dandex Estimates

People

Current (3)

Founders (1)

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 (3)

Founders (1)

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

Registrations (Registreringer)

Production Units

Network

Shared by two or more of its people

Owners and the control chain

Its people and their other companies