PENSER ApS (CVR 36740019) company profile

Ownership

Niels Christiansen
100% of capital and votessince 1 Jan 1981

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

Former owners (1)

Elsebet Christiansen
50% to under 66.7% of capital and votesnotified 27 Feb 20182 Sep 2003 to 27 Feb 2018

Dandex estimates

Legal ownership resolution (ejerforholdenes opløsning): Ends at a personThe chain of majority owners ends at a person, directly; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 14 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): No parent, and no majority holding in a Danish companyControlled by a person; it holds 50% or more of no Danish company. Dandex estimate, rule v2, computed 14 Nov 2026.
Signing authority, structured (tegningsregel, struktureret): One person can bind the companyThe registered signing rule lets one person bind the company. Dandex estimate, rule v2, computed 14 Nov 2026.
EU SME size class (SMV-kategori): Not determinedThe 2025 figures fit more than one class: revenue or the balance sheet total that would decide is not filed. Dandex estimate, rule v2, computed 14 Nov 2026.
Long-run headcount growth (beskæftigelsesudvikling siden 1998): Not determinedNo employment figures since Dec 2018. Dandex estimate, rule v1, computed 14 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 13 Nov 2026, from the annual report for the year ending 31 Dec 2025.
Business model (forretningsmodel): Not determinedUncertain: the decision model was below 0.8 and the registered industry did not settle it. Dandex estimate, rules and decision model v1, computed 14 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 (1)

Niels ChristiansenExecutive board since 22 Apr 2003

Former (3)

Peter ChristiansenExecutive board 1 Jun 1971 to 2 Sep 2003, Board of directors 29 May 1995 to 22 Apr 2003
Elsebet ChristiansenExecutive board 22 Apr 2003 to 18 May 2018, Board of directors 22 Apr 2003 to 22 Apr 2003
Frede ChristensenExecutive board 1 Jun 1971 to 29 May 1995, Board of directors 1 Jun 1971 to 29 May 1995

Network

Roles over time

Niels Christiansen: Executive board, 22 Apr 2003 to today; Board of directors, 22 Apr 2003 to 22 Apr 2003.

22 Apr 2003 to 14 Nov 2026.

Former (3)

Elsebet Christiansen: Executive board, 22 Apr 2003 to 18 May 2018; Board of directors, 22 Apr 2003 to 22 Apr 2003.
Peter Christiansen: Executive board, 1 Jun 1971 to 2 Sep 2003; Board of directors, 29 May 1995 to 22 Apr 2003.
Frede Christensen: Executive board, 1 Jun 1971 to 29 May 1995; Board of directors, 1 Jun 1971 to 29 May 1995.

1 Jun 1971 to 14 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

EmployeesFTE

Q4 2018, quarterly: 0 employees, 0 FTE

Show as table

Registry headcount, 1997 to Q4 2018, oldest left to newest right
Period	1997	1999	2000	2001	2002	2003	2004	2005	2006	2008	2009	Q2 2010	2011	2012	2013	2014	Jun 2015	Jun 2016	Jun 2017	Aug 2018	Q4 2018
Employees	1	2	0	0	0	0	1	1	1	0	0	No count	1	0	0	0	1	1	1	1	0
FTE	0	0	0	0	1	1	0	0	0	0	1	0	1	1	1	1	1	1	1	1	0
Series	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Quarterly	Annual	Annual	Annual	Annual	Monthly	Monthly	Monthly	Monthly	Quarterly

The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Annual 1997 to 2009 and 2011 to 2014; quarterly Q2 2010 and Q4 2018; monthly Jun 2015 to Aug 2018.

Latest Q4 2018, published 27 Jun 2019. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	-61	-50	-66	-83	-88
Operating profit	-61	-50	-66	-83	-88
Result for the year	+5,629	-4,259	+3,385	+2,889	+2,260
Equity	30,370	25,436	27,520	29,009	27,259
Total assets	30,796	25,494	27,581	29,236	28,156
Employees (average)	Not reported	Not reported	Not reported	0	1
Credit metrics (Dandex calculations)
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.
Employee growth (vækst i antal ansatte)	Not reported^{note 1}	Not reported^{note 1}	Not reported^{note 1}	n.m.^{note 2}	0%
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.

1 no average employee figure in the annual report (ESEF reports carry none); the registry's monthly headcount is in the company tool's employmentHistory section
2 n.m.: the year before is not positive

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 11 May 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 1 Jul 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 11 Mar 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 23 May 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 20 May 2022
PDF

Financials

Changes

All changes

6 May 2026
Ownership change
PENSER ApS (CVR 36740019) har foretaget ejerskifte pr. 6. maj 2026: 1 indtrådt.
22 Apr 2003
Director change
PENSER ApS (CVR 36740019) har foretaget direktørskifte pr. 22. april 2003: 1 indtrådt.
22 Apr 2003
Director change
PENSER ApS (CVR 36740019) har foretaget direktørskifte pr. 22. april 2003: 1 indtrådt.
1 Jan 1981
Ownership change
PENSER ApS (CVR 36740019) har foretaget ejerskifte pr. 1. januar 1981: 1 indtrådt.
1 Jun 1971
Director change
PENSER ApS (CVR 36740019) har foretaget direktørskifte pr. 1. juni 1971: 2 indtrådt.

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 PENSER 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, 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

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Registry facts

Signing rule (tegningsregel): Selskabet tegnes af en direktør.since 22 May 2018
Purpose (formål): Selskabets formål er at drive virksomhed med handel, finansiering og formueforvaltning.since 22 Apr 2003
Audit opted out (revision fravalgt): Yessince 30 Jun 2025
Articles of association last changed (seneste vedtægtsdato): 18 May 2018
Owners under 5% registered (ejerregistrering under 5 procent): Nosince 18 Nov 2015

Share capital

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

30 Aug 1987DKK 911,500Earliest in CVR

From CVR, read 14 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry facts

History (historik)

Name changes: 2 in all, none in the last 5 years; latest 22 Apr 2003
Address changes: 2 in all, 1 in the last 5 years; latest 19 Oct 2023At the current address for 3.1 years
Status changes: None recorded
Auditor changes: 2 in all, 1 in the last 5 years; latest 28 May 2025

Names (navne)

22 Apr 2003 to now
PENSER ApS
17 Nov 1995 to 21 Apr 2003
A/S PENSER
1 Jun 1971 to 16 Nov 1995
DANEXIM HOLDING A/S, HOLDINGAKTIESELSKAB FOR "AKTIESELSKABET DANEXIM I

Addresses (adresser)

19 Oct 2023 to now
Bellisvej 7, 4200 Slagelse
20 Dec 2018 to 18 Oct 2023
Eggebækvej 31, 6360 Tinglev
1 Jun 1971 to 19 Dec 2018
Fornbyvej 28, 6330 Padborg

Audit firms (revision)

28 May 2025 to 30 Jun 2025
AIDER Slagelse og Nyborg Godkendt Revisionsaktieselskab
24 Feb 1999 to 28 May 2025
SØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB
1 Jun 1971 to 24 Feb 1999
STATSAUTORISERET REVISIONSAKTIESELSKAB AF 1. JULI 1998

From CVR, read 14 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)

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

11 May 2026
Audit change
Revision:
Fratrådte:
DANSK REVISION SLAGELSE GODKENDT REVISIONSAKTIESELSKAB, den 30.06.2025.
28 May 2025
Audit change
Revision:
Fratrådte:
SØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB, den 28.05.2025.
Tiltrådte:
CVR-NR. 29919801 DANSK REVISION SLAGELSE GODKENDT REVISIONSAKTIESELSKAB, Ndr.Ringgade 74, 4200 Slagelse, den 28.05.2025.
23 Oct 2023
Address change
Ny adresse: c/o Niels Christisansen, Bellisvej 7, Kirke Stillinge, 4200 Slagelse
Ny kommune: Slagelse
20 Dec 2018
Address change
Ny adresse: c/o Niels Christiansen, Eggebækvej 31, 6360 Tinglev
22 May 2018
People change
Vedtægter ændret: 18.05.2018
Direktion:
Fratrådte:
Elsebet Christiansen, den 18.05.2018.
Selskabet tegnes af en direktør..
1 Jan 2007
Address change
Ved kommunalreformen den 1. januar 2007 er hjemstedskommunen ændret.
8 Oct 2003
People change Other
Direktion:
Udtrådt af direktionen:
Peter Christiansen, den 02.09.2003.
19 May 2003
Conversion Other People change
Vedtægter ændret:
22.04.2003.
Selskabet er omdannet til et ApS med CVR-nr 36740019.
NAVN: PENSER ApS.
ADRESSE: Fornbyvej 28, 6330 Padborg.
Kommune:
Show the full announcement
Bov.
Kapital kr. 911.500,00.
Direktion:
Direktør Peter Christiansen, Speditør Niels Christiansen, den 22.04.2003, Fru Elsebet Christiansen, den 22.04.2003.
Selskabet tegnes af to direktører.
Revision:
CVR-NR. 18061635 SØNDERJYLLANDS REVISION STATSAUTORISERET REVISIONSAKTIESELSKAB, Nørreport 3, 6200 Aabenraa.
Regnskabsår:
01.01 - 31.12.
1 Mar 1999
Audit change
Revision:
Udtrådt af revisionen:
STATSAUTORISERET REVISIONSAKTIESELSKAB AF 1. JULI 1998, den 24.02.1999.
Indtrådt i revisionen:
SØNDERJYLLANDS REVISIONSKONTORSTATSAUTORISERET REVISIONSAKTIESELSKAB, Nørreport 3, 6200 Aabenraa, den 24.02.1999.
15 Dec 1998
Other People change
Bestyrelse:
Tiltrådt som formand:
Niels Christiansen, den 01.12.1998, Fratrådt som formand, men forbliver i bestyrelsen: Elsebet Christiansen, den 01.12.1998.

Show 5 more

28 Nov 1995
Address change Other
Vedtægter ændret:
06.11.1995.
Nyt navn:
A/S PENSER.
Ny adresse:
Fornbyvej 28, 6330 Padborg.
2 Aug 1995
People change
Vedtægter ændret:
29.05.1995.
Bestyrelse:
Udtrådt af bestyrelsen:
Frede Christensen, den 29.05.1995.
Indtrådt i bestyrelsen:
Show the full announcement
Speditør Niels Christiansen, den 29.05.1995.
Direktion:
Udtrådt af direktionen:
Frede Christensen, den 29.05.1995.
Indtrådt i direktionen:
Direktør Peter Christiansen, den 29.05.1995.
1 Dec 1993
Audit change People change
Revision:
Udtrådt af revisionen:
SØNDERJYLLANDS REVISIONSKONTOR AABENRAA A/S
Indtrådt i revisionen:
SØNDERJYLLANDS REVISIONSKONTORA/S, 6200 Aabenraa
7 Mar 1990
Other People change
Vedtægter ændret:
10.10.1989.
Selskabet tegnes af bestyrelsens formand i
forening med en direktør eller af den samlede
bestyrelse.
28 Sep 1983
New company
Stiftelsesdato:
01.06.1971
Seneste vedtægtsdato:
01.02.1983
Kapital:
kr. 911.500,00
Show the full announcement
Indbetalingsmåde:
kontant/i værdier kr. 911.500,00 til kurs 100,0
Bestyrelse:
Fru Elsebet Christiansen (formand), Prokurist Frede Christiansen, Speditør Peter Christiansen
Direktion:
Speditør Peter Christiansen
Selskabet tegnes af bestyrelsens formand
alene eller af direktionen
Revision:
SØNDERJYLLANDS REVISIONSKONTOR, AABENRAA A/S, Nørreport 3, 6200 Åbenrå
Første regnskabsår:
00.00 - 00.00
Regnskabsår:
01.01 - 31.12

Registrations (registreringer)

Registration

Address: Bellisvej 7
4200 Slagelse
Slagelse Municipality
CVR record last changed: 1 Oct 2026
Data read: 14 Nov 2026

Production units

1 registered in CVR.

PENSER ApS
P-number 1001748477Bellisvej 7, 4200 Slagelse

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

History (historik)

Registrations (registreringer)

Registration

Dandex in your own tools

Ownership

People

Financials

Who is behind it

Ownership

Dandex estimates

People

Current (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

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

Dandex estimates

Current (1)

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

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

Registrations (registreringer)

Production units

Network

Owners and the control chain

Its people and their other companies