CVR 39668394Private limited company (ApS)Anden udlejning af boliger (682030)Secondary industries: Udlejning af erhvervsejendomme (682040)Odense CFounded 15 Jun 2018
CVR holds no employment figures for this company.
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 VB 23B, Odense 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 DandexEmployees
1
Annual report 2025, average
Gross profit
2.9M
DKK, annual report 2025
-2.5% on 2024
Result
+3M
DKK, annual report 2025
Equity
15.7M
DKK, annual report 2025
Sandal Ejendomme ApSCVR 33031998, 100% of capital and votes, since 15 Jun 2018
Michael Sandalsince 15 Jun 2018
CVR 33031998100% of capital and votessince 15 Jun 2018
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
Ultimate controller
Holds 100% of capital and votes in M. SANDAL INVEST ApS, since 25 Jun 2012
Holding company
CVR 34618046Private limited company (ApS)
Holds 20% to under 25% of capital and 100% of votes in SANDAL HOLDING ApS, since 25 Jun 2012
Holding company
CVR 21109088Private limited company (ApS)
Holds 100% of capital and votes in Sandal Ejendomme ApS, since 31 May 2010
Holding company
CVR 33031998Private limited company (ApS)
Holds 100% of capital and votes in VB 23B, Odense ApS, since 15 Jun 2018
This company
VB 23B, Odense ApS
CVR 39668394
CVR records founders at incorporation. It does not record whether they are alive or still involved.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross profit | 3,220 | 3,335 | 2,658 | 2,955 | 2,880 |
| Operating profit | +1,793 | +3,537 | -3,391 | +3,096 | +5,679 |
| Result for the year | +131 | +1,691 | -3,734 | +1,158 | +3,045 |
| Equity | 13,511 | 15,203 | 11,468 | 12,626 | 15,671 |
| Total assets | 114,170 | 114,172 | 108,966 | 109,495 | 112,787 |
| Employees (average) | 0 | 0 | 1 | 1 | 1 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | 90.3% | 3.6% | -20.3% | 11.1% | -2.6% |
| EBITDA | 1,810 | 3,553 | -3,374 | 3,113 | 5,694 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | 56.2% | 106.5% | -126.9% | 105.3% | 197.7% |
| Employee growth (vækst i antal ansatte) | n.m.note 1 | n.m.note 1 | 0% | 0% | 0% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | 82,257 | 81,626 | 80,480 | 79,753 | 79,082 |
| Gearing, NIBD / EBITDA | 45.5x | 23x | n.m.note 2 | 25.6x | 13.9x |
| ROIC (afkast af investeret kapital) | 1.7%note 3 | 2.8% | -2.8%note 4 | 2.6% | 4.7% |
| Capex (investeringer i anlægsaktiver) | 976note 5 | 98note 5 | Not reportednote 6 | 158note 7 | 2,254note 7 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | 96,299 | 94,230 | 93,436 | 92,340 | 90,423 |
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 filed (class A and B are exempt).
Annual report 2025
1 Jul 2024 to 30 Jun 2025, published 23 Dec 2025
Annual report 2024
1 Jul 2023 to 30 Jun 2024, published 30 Dec 2024
Annual report 2023
1 Jul 2022 to 30 Jun 2023, published 19 Dec 2023
Annual report 2022
1 Jul 2021 to 30 Jun 2022, published 28 Nov 2022
Annual report 2021
1 Jul 2020 to 30 Jun 2021, published 2 Dec 2021
Each registered value from the day it took effect, newest first.
From CVR, read 9 Nov 2026. Text such as the signing rule and purpose is shown as registered.
4 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Ny adresse: c/o Sandal Ejendomme ApS, Edisonsvej 1, 5000 Odense C
Ny adresse: c/o Sandal Ejendomme ApS, Edisonsvej 1, 5000 Odense C
Revision:
Fratrådte:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 18.08.2020.
Tiltrådte:
CVR-NR. 35257691 BAKER TILLY DENMARK GODKENDT REVISIONSPARTNERSELSKAB, Hjallesevej 126, 5230 Odense M, den 18.08.2020.
Stiftelsesdato: 15.06.2018.
Virkningsdato: 15.06.2018.
Seneste vedtægtsdato: 15.06.2018.
Kapital:
kr. 50.000,00.
Kapitalklasser: Nej
Indbetalingsmåde: Indbetalt kontant kr. 50.000,00 til kurs 110,00, fuldt indbetalt.
Stifter:
CVR-NR. 33031998 Sandal Ejendomme ApS, Edisonsvej 3, 5000 Odense C, den 15.06.2018.
Direktion:
Michael Sandal, den 15.06.2018.
Selskabet tegnes af en direktør..
Revision:
CVR-NR. 33963556 DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, Tværkajen 5, 5000 Odense C, den 15.06.2018.
Første regnskabsår:
15.06.2018 - 30.06.2019.
Regnskabsår:
01.07 - 30.06.
Formål:
Selskabets formål er køb og salg af fast ejendom, ejendomsudvikling samt udlejning af fast ejendom samt hermed beslægtet virksomhed.
1 registered in CVR.
P-number 1023732099Edisonsvej 1, 5000 Odense C
