CVR 32563872Public limited company (A/S)Investering for egen regning (649910)Aarhus CFounded 11 Nov 2009
Employees
11
CVR registry, Aug 2026
+2 (+22.2%) over 12 months
Gross profit
6.6M
DKK, annual report 2025
+40.1% on 2024
Result
-118.7M
DKK, annual report 2025
Equity
2.6B
DKK, annual report 2025
Dandex has recorded no changes to this company since it began following the register.
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.
Dandex is Danish company data. Connect it once and ask about AAA UNITED A/S, 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 DandexHEARTLAND A/SCVR 28502370, 100% of capital and votes, since 1 Aug 2012
Anders Krogh Vogdrupsince 12 Feb 2021
CVR 28502370100% of capital and votessince 1 Aug 2012
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
Ultimate controller
Holds 33.3% to under 50% of capital and 50% to under 66.7% of votes in HEARTLAND A/S, since 12 Dec 2017
Holding company
CVR 28502370Public limited company (A/S)
Holds 100% of capital and votes in AAA UNITED A/S, since 1 Aug 2012
This company
AAA UNITED A/S
CVR 32563872
10 Danish companies.
SubsidiaryCVR 44798999100% of capital and votes
SubsidiaryCVR 45118150100% of capital and votes
SubsidiaryCVR 41834501100% of capital and votes
SubsidiaryCVR 41834536100% of capital and votes
SubsidiaryCVR 40370749100% of capital and votes
SubsidiaryCVR 35869603100% of capital and votes
SubsidiaryCVR 37756695100% of capital and votes
SubsidiaryCVR 27151639100% of capital and votes
SubsidiaryCVR 36435135100% of capital and votes
Subsidiary or joint ventureCVR 3460712533.3% to under 50% of capital and 50% to under 66.7% of votes
Found by searching the CVR owner register (ejerregister) for AAA UNITED A/S as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 4465193950% to under 66.7% of capital and votes19 Feb 2024 to 29 Dec 2025
CVR 3813183450% to under 66.7% of capital and votes25 Oct 2016 to 29 Dec 2025
CVR 4255413850% to under 66.7% of capital and votes21 Jan 2022 to 29 Dec 2025
CVR 42086746100% of capital and votes25 Jan 2021 to 18 Jun 2021
CVR 40370765100% of capital and votes1 Feb 2019 to 9 May 2019
CVR 32775926100% of capital and votes24 Feb 2010 to 1 Feb 2019
CVR 35249559100% of capital and votes7 Apr 2017 to 13 Jun 2017
CVR 3349997325% to under 33.3% of capital and votes19 Nov 2011 to 7 Apr 2017
CVR 15701331100% of capital and votes31 Dec 2014 to 1 Feb 2017
CVR 25502752100% of capital and votes1 Oct 2015 to 8 Jan 2016
CVR records founders at incorporation. It does not record whether they are alive or still involved.
11 Nov 2009 to 1 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 2,724 | 3,272 | 3,521 | 4,700 | 6,583 |
| Operating profit | -1,310 | -2,572 | -2,287 | -3,149 | -3,536 |
| Result for the year | -409,559 | +65,952 | -244,589 | -70,142 | -118,673 |
| Equity | 1,971,258 | 2,061,698 | 1,777,702 | 2,732,370 | 2,580,690 |
| Total assets | 2,269,063 | 2,498,063 | 3,378,115 | 4,445,436 | 4,955,886 |
| Employees (average) | 4 | 6 | 5 | 7 | 9 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | n.m.note 1 | 20.2% | 7.6% | 33.5% | 40.1% |
| EBITDA | Not reportednote 2 | Not reportednote 2 | -2,210 | -3,072 | -3,460 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | Not reportednote 2 | Not reportednote 2 | -62.8% | -65.4% | -52.6% |
| Employee growth (vækst i antal ansatte) | n.m.note 1 | 50% | -16.7% | 40% | 28.6% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | -2,755note 3 | -920note 3 | 559,399 | 957,004 | 1,258,147 |
| ROIC (afkast af investeret kapital) | -0.1%note 4 | -0.1%note 4 | -0.1% | -0.1% | -0.1%note 5 |
| Capex (investeringer i anlægsaktiver) | Not reportednote 6 | 8,404note 7 | 0note 8 | 0note 8 | 0note 8 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | 284,817note 3 | 359,807note 3 | 348,711 | -738,460 | -699,047 |
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 and gearing a multiple. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. No cash flow statement: included in the group's (ÅRL § 86, stk. 4).
Annual report 2025
1 Aug 2024 to 31 Jul 2025, published 24 Nov 2025
Annual report 2024
1 Aug 2023 to 31 Jul 2024, published 25 Nov 2024
Annual report 2023
1 Aug 2022 to 31 Jul 2023, published 5 Dec 2023
Annual report 2022
1 Aug 2021 to 31 Jul 2022, published 30 Nov 2022
Annual report 2021
1 Aug 2020 to 31 Jul 2021, published 22 Nov 2021
2 registered in CVR.
P-number 1015644784Inge Lehmanns Gade 2, 8000 Aarhus C
P-number 1026095596Fredskovvej 5, 7330 Brande