Owners, management and financials
CVR: 14853448
Secondary names: PAA TRADING LTD. A/S, EAC TRADING LTD. A/S
Previous names: SJP A/S, EAC TRADING LTD. A/S
DKK 5,456,000
Gross profit
Net result: DKK 1,233,000
Per Aarsleff Holding A/S (100%)
CVR · view owners
Anne Ulderup, Knud Kjærgaard Christensen
Board: Jesper Kristian Jacobsen (chair) and 2 members
CVR · view management
Active
Founded 12 October 1990
CVR · view overview
2 employees
CVR · 2018
Director role ended: Lars Carlsen
CVR · 08/07/2020
View the full event history
PAA PROJECT FINANCE A/S is a Danish company of the type Aktieselskab based in Glostrup, founded in 1990. The company is registered under the industry Andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring. The company was previously named EAC TRADING LTD. A/S and SJP A/S. The management consists of Anne Ulderup and Knud Kjærgaard Christensen. The board consists of Jesper Kristian Jacobsen (chair), Christian Trier and Mogens Vedel Hestbæk. The company is owned by Per Aarsleff Holding A/S. The company has 2 employees (2018). In 2025, the company reported a gross profit of DKK 5,456,000 and a net result of DKK 1,233,000 compared with DKK 3,085,000 the year before. Equity in the 2025 report amounted to DKK 7,788,000.
Source: annual report 2025, Danish Business Authority
The financial health of PAA PROJECT FINANCE A/S appears to be declining, as evidenced by a significant drop in gross profit from 19.5 million DKK in 2021 to 5.5 million DKK in 2025, alongside a decrease in profit from 12.7 million DKK to 1.2 million DKK during the same period. Equity has also decreased from 20.9 million DKK in 2021 to 7.8 million DKK in 2025, indicating potential concerns regarding the company's financial stability. Despite a strong historical performance, the declining margins and profits suggest challenges in maintaining its position within the financial services industry. The lack of revenue disclosure complicates a full assessment, but the trends raise questions about future profitability and operational efficiency.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive handel samt anden dermed i forbindelse stående virksomhed, i Danmark og internationalt, alt efter bestyrelsens nærmere bestemmelse.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/10/2024 – 30/09/2025 | 5.5 mio. | 1.2 mio. | 14.5 mio. | 7.8 mio. | 2 | |
| 202401/10/2023 – 30/09/2024 | 7.1 mio. | 3.1 mio. | 19.1 mio. | 11.6 mio. | 2 | |
| 202301/10/2022 – 30/09/2023 | 10.2 mio. | 5.2 mio. | 22.3 mio. | 13.5 mio. | 2 | |
| 202201/10/2021 – 30/09/2022 | 17.9 mio. | 10.6 mio. | 27.8 mio. | 17.6 mio. | 3 | |
| 202101/10/2020 – 30/09/2021 | 19.5 mio. | 12.7 mio. | 25.6 mio. | 20.9 mio. | 3 | |
| 202001/10/2019 – 30/09/2020 | 16.6 mio. | 10.7 mio. | 27 mio. | 18.7 mio. | 2 | |
| 201901/10/2018 – 30/09/2019 | 8.2 mio. | 4 mio. | 23.8 mio. | 8.8 mio. | - | |
| 201801/10/2017 – 30/09/2018 | 7.1 mio. | 3.4 mio. | 36.5 mio. | 6.8 mio. | - | |
| 201701/10/2016 – 30/09/2017 | 7.4 mio. | 3.8 mio. | 9.1 mio. | 6.4 mio. | - | |
| 201601/10/2015 – 30/09/2016 | 5.2 mio. | 2.2 mio. | 15.2 mio. | 6.6 mio. | - | |
| 201501/10/2014 – 30/09/2015 | 2.4 mio. | 253 t. | 30.5 mio. | 4.4 mio. | - | |
| 201401/10/2013 – 30/09/2014 | 5.1 mio. | 2.2 mio. | 10.1 mio. | 9.1 mio. | - | |
| 201301/10/2012 – 30/09/2013 | 8.7 mio. | 5.7 mio. | 17.5 mio. | 11.9 mio. | - | |
| 201201/10/2011 – 30/09/2012 | 14.1 mio. | 9.2 mio. | 25.6 mio. | 16.2 mio. | - |
Compared to 347 companies in Andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring
Comparison is based on industry median values
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See the API documentationThe CVR number of PAA PROJECT FINANCE A/S is 14853448.
PAA PROJECT FINANCE A/S is owned by Per Aarsleff Holding A/S.
The management of PAA PROJECT FINANCE A/S consists of Anne Ulderup and Knud Kjærgaard Christensen.
The board of PAA PROJECT FINANCE A/S consists of Jesper Kristian Jacobsen, Christian Trier and Mogens Vedel Hestbæk, with Jesper Kristian Jacobsen as chair.
In 2025, PAA PROJECT FINANCE A/S reported a gross profit of DKK 5,456,000.
PAA PROJECT FINANCE A/S had 2 employees in 2018 according to the Danish CVR register.
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Address changed to Ejby Industrivej 41, 2600 Glostrup (April 14, 2026).
Contact info changed: new phone: 87442222 (April 14, 2026).
PAA PROJECT FINANCE A/S has published its annual report for 2025. Gross profit came to DKK 5,456,000, and the net result was DKK 1,233,000.
PAA PROJECT FINANCE A/S has published its annual report for 2024. Gross profit came to DKK 7,066,000, and the net result was DKK 3,085,000.
As of June 18, 2024, Christian Trier has joined the board of directors of PAA PROJECT FINANCE A/S.
As of June 18, 2024, Nicolai Schultz has left the board of directors of PAA PROJECT FINANCE A/S.
PAA PROJECT FINANCE A/S has published its annual report for 2023. Gross profit came to DKK 10,155,000, and the net result was DKK 5,191,000.
PAA PROJECT FINANCE A/S has published its annual report for 2022. Gross profit came to DKK 17,895,000, and the net result was DKK 10,567,000.
PAA PROJECT FINANCE A/S has published its annual report for 2021. Gross profit came to DKK 19,513,000, and the net result was DKK 12,707,000.
PAA PROJECT FINANCE A/S has published its annual report for 2020. Gross profit came to DKK 16,595,000, and the net result was DKK 10,746,000.
As of January 27, 2021, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of PAA PROJECT FINANCE A/S.
As of January 27, 2021, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of PAA PROJECT FINANCE A/S.
As of July 8, 2020, Nicolai Schultz has joined the board of directors of PAA PROJECT FINANCE A/S.
As of July 8, 2020, Lars Carlsen has left the board of directors of PAA PROJECT FINANCE A/S.
As of July 8, 2020, Anne Ulderup is registered as director of PAA PROJECT FINANCE A/S.
As of July 8, 2020, Knud Kjærgaard Christensen is registered as director of PAA PROJECT FINANCE A/S.
As of July 8, 2020, Lars Carlsen has stepped down as director of PAA PROJECT FINANCE A/S.
PAA PROJECT FINANCE A/S has published its annual report for 2019. Gross profit came to DKK 8,208,000, and the net result was DKK 3,960,000.
PAA PROJECT FINANCE A/S has published its annual report for 2018. Gross profit came to DKK 7,066,000, and the net result was DKK 3,389,000.
As of October 1, 2018, Jesper Kristian Jacobsen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of September 30, 2018, Ebbe Malte Iversen has left the board of directors of PAA PROJECT FINANCE A/S.
PAA PROJECT FINANCE A/S has published its annual report for 2017. Gross profit came to DKK 7,413,000, and the net result was DKK 3,829,000.
As of November 1, 2017, Ebbe Malte Iversen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of November 1, 2017, Lars Carlsen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of November 1, 2017, Mogens Vedel Hestbæk has joined the board of directors of PAA PROJECT FINANCE A/S.
As of November 1, 2017, John Szygenda has left the board of directors of PAA PROJECT FINANCE A/S.
As of November 1, 2017, Hans Ingvard Christensen has left the board of directors of PAA PROJECT FINANCE A/S.
As of November 1, 2017, Kurt Peter Carlsen has left the board of directors of PAA PROJECT FINANCE A/S.
As of November 1, 2017, Lars Carlsen is registered as director of PAA PROJECT FINANCE A/S.
As of November 1, 2017, Kurt Peter Carlsen has stepped down as director of PAA PROJECT FINANCE A/S.
PAA PROJECT FINANCE A/S has published its annual report for 2016. Gross profit came to DKK 5,150,000, and the net result was DKK 2,209,000.
PAA PROJECT FINANCE A/S has published its annual report for 2015. Gross profit came to DKK 2,395,000, and the net result was DKK 253,000.
PAA PROJECT FINANCE A/S has published its annual report for 2014. Gross profit came to DKK 5,111,000, and the net result was DKK 2,217,000.
PAA PROJECT FINANCE A/S has published its annual report for 2013. Gross profit came to DKK 8,694,000, and the net result was DKK 5,687,000.
As of October 7, 2013, Kurt Peter Carlsen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of October 7, 2013, Ole Steen Christensen has left the board of directors of PAA PROJECT FINANCE A/S.
As of October 7, 2013, Kurt Peter Carlsen is registered as director of PAA PROJECT FINANCE A/S.
As of October 7, 2013, Ole Steen Christensen has stepped down as director of PAA PROJECT FINANCE A/S.
On June 27, 2013, the company changed its name from EAC TRADING LTD. A/S to PAA PROJECT FINANCE A/S.
PAA PROJECT FINANCE A/S has published its annual report for 2012. Gross profit came to DKK 14,097,000, and the net result was DKK 9,236,000.
As of December 1, 2011, Ole Steen Christensen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of December 1, 2011, John Szygenda has joined the board of directors of PAA PROJECT FINANCE A/S.
As of December 1, 2011, Hans Ingvard Christensen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of December 1, 2011, Viggo Dam Hansen has left the board of directors of PAA PROJECT FINANCE A/S.
As of December 1, 2011, Ole Steen Christensen is registered as director of PAA PROJECT FINANCE A/S.
As of December 1, 2011, John Szygenda has stepped down as director of PAA PROJECT FINANCE A/S.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of PAA PROJECT FINANCE A/S.
As of July 1, 2011, A/S PSE NR. 4820 has stepped down as auditor of PAA PROJECT FINANCE A/S.
As of August 7, 2008, A/S PSE NR. 4820 has been appointed auditor of PAA PROJECT FINANCE A/S.
As of August 7, 2008, A/S PSE NR. 4820 has stepped down as auditor of PAA PROJECT FINANCE A/S.
As of September 14, 2007, A/S PSE NR. 4820 has been appointed auditor of PAA PROJECT FINANCE A/S.
As of September 14, 2007, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of PAA PROJECT FINANCE A/S.
As of September 14, 2007, Viggo Dam Hansen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of September 14, 2007, Niels Henrik Jensen has left the board of directors of PAA PROJECT FINANCE A/S.
As of September 14, 2007, Poul Christian Gowers Lund has left the board of directors of PAA PROJECT FINANCE A/S.
As of September 14, 2007, Preben Kim Toft has left the board of directors of PAA PROJECT FINANCE A/S.
As of September 14, 2007, John Szygenda is registered as director of PAA PROJECT FINANCE A/S.
As of September 14, 2007, Preben Kim Toft has stepped down as director of PAA PROJECT FINANCE A/S.
As of September 14, 2007, Per Aarsleff Holding A/S is registered as an owner of PAA PROJECT FINANCE A/S with an ownership share of 100%.
As of May 7, 2007, Rene Schwartz Hansen has left the board of directors of PAA PROJECT FINANCE A/S.
As of January 28, 2003, Rene Schwartz Hansen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of May 1, 2002, Poul Christian Gowers Lund has joined the board of directors of PAA PROJECT FINANCE A/S.
As of May 1, 2002, Rene Schwartz Hansen has left the board of directors of PAA PROJECT FINANCE A/S.
As of May 1, 2002, Preben Kim Toft is registered as director of PAA PROJECT FINANCE A/S.
As of May 1, 2002, Rene Schwartz Hansen has stepped down as director of PAA PROJECT FINANCE A/S.
As of June 4, 1999, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of PAA PROJECT FINANCE A/S.
As of June 4, 1999, A/S PSE NR. 4820 has stepped down as auditor of PAA PROJECT FINANCE A/S.
As of June 4, 1999, Niels Henrik Jensen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of June 4, 1999, Preben Kim Toft has joined the board of directors of PAA PROJECT FINANCE A/S.
As of June 4, 1999, Carsten Dencker Nielsen has left the board of directors of PAA PROJECT FINANCE A/S.
As of December 31, 1998, Karsten Borch has left the board of directors of PAA PROJECT FINANCE A/S.
As of March 19, 1998, Hans Peter Holst has left the board of directors of PAA PROJECT FINANCE A/S.
As of May 20, 1997, A/S PSE NR. 4820 has been appointed auditor of PAA PROJECT FINANCE A/S.
As of May 20, 1997, EY Danmark A/S has stepped down as auditor of PAA PROJECT FINANCE A/S.
As of May 29, 1996, Karsten Borch has joined the board of directors of PAA PROJECT FINANCE A/S.
As of May 29, 1996, Hans Christen Jensen has left the board of directors of PAA PROJECT FINANCE A/S.
On February 9, 1995, the company changed its name from SJP A/S to EAC TRADING LTD. A/S.
As of February 8, 1995, CJ Partnership I/S has stepped down as auditor of PAA PROJECT FINANCE A/S.
As of February 8, 1995, Vibeke Holbøll has left the board of directors of PAA PROJECT FINANCE A/S.
As of February 8, 1995, Poul Christian Gowers Lund has left the board of directors of PAA PROJECT FINANCE A/S.
As of February 8, 1995, Svend Aage Asger Larsen has left the board of directors of PAA PROJECT FINANCE A/S.
As of February 8, 1995, Svend Aage Asger Larsen has stepped down as director of PAA PROJECT FINANCE A/S.
As of October 12, 1990, EY Danmark A/S has been appointed auditor of PAA PROJECT FINANCE A/S.
As of October 12, 1990, CJ Partnership I/S has been appointed auditor of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Vibeke Holbøll has joined the board of directors of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Poul Christian Gowers Lund has joined the board of directors of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Svend Aage Asger Larsen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Rene Schwartz Hansen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Hans Peter Holst has joined the board of directors of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Hans Christen Jensen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Carsten Dencker Nielsen has joined the board of directors of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Svend Aage Asger Larsen is registered as director of PAA PROJECT FINANCE A/S.
As of October 12, 1990, Rene Schwartz Hansen is registered as director of PAA PROJECT FINANCE A/S.
PAA PROJECT FINANCE A/S was founded on October 12, 1990.
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