Excellent Properties ApS (CVR 65094711) company profile

Ownership

EXCELLENT HOLDING ApS
CVR 28902719100% of capital and votessince 31 Dec 2023

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

Former owners (2)

Niels Ring
100% of capital and votes20 Dec 1996 to 3 Sep 2015
Niels Ring Holding ApS
CVR 37061573100% of capital and votesnotified 31 Dec 20234 Sep 2015 to 31 Dec 2023

Control chain

Ultimate controller
SLOTSVEJEN ApS
CVR 28886268Private limited company (ApS)
Holds 100% of capital and votes in EXCELLENT HOLDING ApS, since 31 Dec 2009
Capital100%
Votes100%
Holding company
EXCELLENT HOLDING ApS
CVR 28902719Private limited company (ApS)
Holds 100% of capital and votes in Excellent Properties ApS, since 31 Dec 2023
Capital100%
Votes100%
This company
Excellent Properties ApS
CVR 65094711

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 13 Nov 2026.

Dandex estimates

Legal ownership resolution (ejerforholdenes opløsning): No owner holds a majorityA company in the chain has no owner at 50% or more; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 13 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): 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 13 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 13 Nov 2026.
EU SME size class (SMV-kategori): Micro enterprise0 average employees, balance sheet EUR 1M in the 2025 report, and the same class the year before; its group's figures are not counted and could raise the class. Dandex estimate, rule v2, computed 13 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 determinedNot decided yet: Dandex has not read this company's annual reports for it. Dandex estimate, rules and decision model v1, computed 13 Nov 2026.
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)

Ole FrederiksenExecutive board since 31 Dec 2023

Former (3)

Niels RingExecutive board 6 Apr 1981 to 31 Dec 2023
Steen Niels KristensenAuditor 20 Dec 1996 to 31 Mar 2015
Aksel Ronald HansenAuditor 6 Apr 1981 to 24 Oct 1988

Network

Roles over time

Ole Frederiksen: Executive board, 31 Dec 2023 to today.

31 Dec 2023 to 13 Nov 2026.

Former (3)

Niels Ring: Executive board, 6 Apr 1981 to 31 Dec 2023.
Steen Niels Kristensen: Auditor, 20 Dec 1996 to 31 Mar 2015.
Aksel Ronald Hansen: Auditor, 6 Apr 1981 to 24 Oct 1988.

6 Apr 1981 to 13 Nov 2026.

Executive board (direktion)Other rolesEach 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	247	253	270	401	702
Operating profit	+184	+189	Not reported	+404	+717
Result for the year	+128	+135	+199	+91	+202
Equity	2,681	2,816	4,051	1,042	1,244
Total assets	3,487	3,456	4,931	7,568	7,825
Employees (average)	1	1	0	0	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	-7.7%	2.1%	6.9%	48.4%	75.1%
EBITDA	247	253	Not reported^{note 1}	Not reported^{note 1}	Not reported^{note 1}
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)	0%	0%	n.m.^{note 2}	n.m.^{note 2}	n.m.^{note 2}
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)	Not reported^{note 3}	0^{note 4}	Not reported^{note 5}	Not reported^{note 5}	Not reported^{note 5}
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 depreciation line filed
2 n.m.: the year before is not positive
3 disposals exceed investment
4 Dandex estimate: capex from the balance sheet change plus D&A
5 no capex filed

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 14 Mar 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 18 Mar 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 31 Jan 2024
PDF
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 28 Jun 2023
PDF
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 28 Jun 2022
PDF

Financials

Changes

No changes since Dandex began following this company. For announcements from before then, see Registrations.

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 Excellent Properties 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 alenesince 20 Dec 1996
Purpose (formål): Selskabets formål er at drive handel og forretningsince 20 Dec 1996
Audit opted out (revision fravalgt): Yessince 31 Mar 2015
Articles of association last changed (seneste vedtægtsdato): 13 Mar 2024
Owners under 5% registered (ejerregistrering under 5 procent): Nosince 27 Sep 2016
Anti-money-laundering act (hvidvaskloven): Not covered (Ikke omfattet)since 28 Sep 2018

Share capital

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

30 Dec 1996DKK 200,000+120,000
30 Aug 1987DKK 80,000Earliest in CVR

From CVR, read 13 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry facts

History (historik)

Name changes: 2 in all, 1 in the last 5 years; latest 13 Mar 2024
Address changes: 1 in all, 1 in the last 5 years; latest 26 Mar 2024At the current address for 2.6 years
Status changes: None recorded
Auditor changes: None recorded

Names (navne)

13 Mar 2024 to now
Excellent Properties ApS
29 Aug 1987 to 12 Mar 2024
NIELS RING ApS
6 Apr 1981 to 28 Aug 1987
DANILA ApS

Addresses (adresser)

26 Mar 2024 to now
Møllevej 2, 8544 Mørke
6 Apr 1981 to 25 Mar 2024
Møllevej 4, 8544 Mørke

Audit firms (revision)

6 Apr 1981 to 20 Dec 1996
Kvist & Jensen SR, Randers A/S

From CVR, read 13 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)

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

26 Mar 2024
Address change
Ny adresse: Møllevej 2, Bale, 8544 Mørke
13 Mar 2024
Other
Vedtægter ændret: 13.03.2024
Nyt navn: Excellent Properties ApS
31 Dec 2023
People change
Direktion:
Fratrådte:
Niels Ring, den 31.12.2023.
Tiltrådte:
Ole Frederiksen, den 31.12.2023.
5 May 2015
Audit change
CVR-nummer
65094711.
NAVN:
NIELS RING ApS.
Adresse: Møllevej 4, 8544 Mørke.
Kommune: Syddjurs.
Show the full announcement
Vedtægter ændret: 31.03.2015
Revision:
Fratrådte:
Steen Niels Kristensen, den 31.03.2015.
1 Jan 2007
Address change
Ved kommunalreformen den 1. januar 2007 er hjemstedskommunen ændret.
15 Apr 1997
Capital change Other Audit change
Vedtægter ændret:
20.12.1996.
Kapitalforhøjelse:
kr. 120.000,00 indbetalt ved overførte reserver / overskud, kurs 100,00.
Kapitalen udgør herefter kr. 200.000,00.
Revision:
Show the full announcement
Udtrådt af revisionen:
REG.NR. A/S68107 REVISIONSFIRMAET KVIST OG JENSEN A/S, den 20.12.1996.
Indtrådt i revisionen:
Reg. revisor Steen Niels Kristensen, 8900 Randers, den 20.12.1996.
3 Jan 1989
Other
Revision:
Udtrådt af revisionen:
Statsaut. revisor Aksel Ronald Hansen
Indtrådt i revisionen:
REG.NR. A/S68107 REVISIONSFIRMAET KVIST & JENSEN A/S, Middelgade 6, 8900 Randers
28 Aug 1987
Other
Vedtægter ændret:
08.05.1987
Nyt navn:
NIELS RING ApS
Ny adresse:
Møllevej 4, 8544 Mørke
17 Jun 1987
Other
Direktion:
Udtrådt af direktionen:
Ejvind Johnsen Ring
Indtrådt i direktionen:
Direktør Niels Ring
26 Nov 1986
New company
Stiftelsesdato:
06.04.1981
Seneste vedtægtsdato:
24.06.1985
Kapital:
kr. 80.000,00
Show the full announcement
Indbetalingsmåde:
kontant/i værdier kr. 80.000,00 til kurs 100,0
Direktion:
Ejvind Johnsen Ring, 8544 Mørke
Selskabet tegnes af en direktør alene
Revision:
Statsaut. revisor Aksel Ronald Hansen, 8000 Århus C
Første regnskabsår:
06.04.1981 - 31.12.1981
Regnskabsår:
01.01 - 31.12

Registrations (registreringer)

Registration

Address: Møllevej 2
8544 Mørke
Syddjurs Municipality
CVR record last changed: 15 Dec 2025
Data read: 13 Nov 2026

Production units

1 registered in CVR.

Excellent Properties ApS
P-number 1002201100Møllevej 2, 8544 Mørke

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

Headcount

Financials

Changes

Registry facts

History (historik)

Registrations (registreringer)

Registration

Dandex in your own tools

Ownership

People

Financials

Who is behind it

Ownership

Control chain

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

Control chain

Dandex estimates

Current (1)

Network

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

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