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ALFA DEVELOPMENT A/S

CVR: 27528449

Growing 24% p.a.Small companyWell-established (20 yrs)Profitable

Previous names: ELF DEVELOPMENT A/S UNDER STIFTELSE, ELF DEVELOPMENT A/S

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About ALFA DEVELOPMENT A/S

ALFA DEVELOPMENT A/S is a Danish company of the type Aktieselskab based in Søborg, founded in 2006. The company is registered under the industry Gennemførelse af byggeprojekter. The company was previously named ELF DEVELOPMENT A/S and ELF DEVELOPMENT A/S UNDER STIFTELSE. The management consists of Christian Hasling Wæver, Andreea Ioana Kaiser and Kristian Hare. The company is owned by SeedALFA Holding S.à r.l.. The company has 26 employees. In 2025, the company reported revenue of DKK 21,815,000 and a net result of DKK 43,308,000 compared with DKK -7,745,000 the year before. Equity amounted to DKK 1,049,995,000.

ALFA DEVELOPMENT A/S demonstrates a fluctuating financial trajectory, with significant profitability in recent years. In 2025, the company reported a revenue of 21.8 million DKK and a remarkable profit of 43.3 million DKK, rebounding from a loss of 7.7 million DKK in 2024. Despite a dip in revenue from 24.2 million DKK in 2022 to 19.2 million DKK in 2023, the firm maintained strong equity levels, peaking at nearly 1.2 billion DKK in 2023 before declining to 1.05 billion DKK in 2025. With a solid equity position and a history of high profit margins, ALFA DEVELOPMENT A/S is well-positioned within the construction project execution industry, although the volatility in revenue and profit raises some concerns about its operational stability.

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Overview

Company type
A/S
Aktieselskab
Address
Knud Højgaards Vej 2 3., 2860 Søborg
GLADSAXE
2860 Søborg
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Founded
1.7.2006

Details

Industry
Gennemførelse af byggeprojekter
Code: 681200
Employees
26 employees
25 FTE
(2018)
Capital
61.000.000 kr.

Contact

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Purpose

Selskabets formål er at drive investeringsvirksomhed, herunder investering i aktier og anparter, og anden dermed beslægtet virksomhed.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
202521.8 mio.43.3 mio.1.3 mia.1 mia.-
202420.3 mio.-7.7 mio.1.1 mia.1 mia.36
202319.2 mio.81.3 mio.1.5 mia.1.1 mia.44
202224.2 mio.132.6 mio.1.4 mia.1.2 mia.40
202114.9 mio.152.5 mio.1.4 mia.1.1 mia.42
202014.4 mio.158 mio.1.3 mia.898.7 mio.33
201920.1 mio.121 mio.1.1 mia.745.6 mio.31
201819.3 mio.172.3 mio.928.6 mio.634.1 mio.27
201713.5 mio.211.5 mio.648.4 mio.461.7 mio.21
2016-69.2 mio.470 mio.250.2 mio.15
2015-43.1 mio.378.5 mio.181.1 mio.12
2014-7.3 mio.271.5 mio.138 mio.10
2013-19.2 mio.278.9 mio.130.6 mio.-
2012-11.8 mio.263.5 mio.111.4 mio.-

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Industry Benchmarks

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Compared to 1.782 companies in Gennemførelse af byggeprojekter

Revenue
Company21.8 mio.
Industry median952 t.
22.9x
Profit margin
Company198.5%
Industry median46.0%
4.3x
Equity ratio
Company82.3%
Industry median37.0%
2.2x

Comparison is based on industry median values

Ownership

Owners
SeedALFA Holding S.à r.l.
100%
ALFA DEVELOPMENT A/S
CVR: 27528449
Subsidiaries
Udviklingsselskabet af 1. juli 2019 A/S
CVR: 10509904(active)
100%
ALFA Properties A/S
CVR: 33246528(active)
100%
HOLDINGSELSKABET AF 27.10.2010 ApS
CVR: 33261152(active)
100%

Management

Directors

Andreea Ioana Kaiser(ADM. DIR.)
Christian Hasling Wæver(DIREKTØR)
Kristian Hare(DIREKTØR)

Board

Anders Håkan Wahrer(FORMAND)
Andreea Ioana Kaiser(BESTYRELSESMEDLEM)
Erik Ludvig Find(BESTYRELSESMEDLEM)
Klaus Kaae(BESTYRELSESMEDLEM)
Peter Winther(BESTYRELSESMEDLEM)

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Founders

Andreea Ioana Kaiser

Production units (1)

ALFA DEVELOPMENT A/S
P-no: 1012387365
Knud Højgaards Vej 2 3., 2860, Søborg
Gennemførelse af byggeprojekter
26 employees

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History

48 events
2026
ALFA DEVELOPMENT A/S: The 2025 annual report is outJun 22, 2026

ALFA DEVELOPMENT A/S has published its annual report for 2025. Revenue came to DKK 21,815,000, and the net result was DKK 43,308,000.

ALFA DEVELOPMENT A/S updates contact informationMay 23, 2026

Contact info changed: new phone: 39200250, new email: [email protected] (May 23, 2026).

ALFA DEVELOPMENT A/S updates contact informationApr 16, 2026

Contact info changed: new phone: 39200250, new email: [email protected] (April 16, 2026).

ALFA DEVELOPMENT A/S updates contact informationFeb 16, 2026

Contact info changed: new phone: 39200250, new email: [email protected] (February 16, 2026).

2025
ALFA DEVELOPMENT A/S: The 2024 annual report is outJun 26, 2025

ALFA DEVELOPMENT A/S has published its annual report for 2024. Revenue came to DKK 20,317,000, and the net result was DKK -7,745,000.

Christian Hasling Wæver joins ALFA DEVELOPMENT A/S as directorFeb 6, 2025

As of February 6, 2025, Christian Hasling Wæver is registered as director of ALFA DEVELOPMENT A/S.

Andreea Ioana Kaiser joins ALFA DEVELOPMENT A/S as adm. dir.Feb 6, 2025

As of February 6, 2025, Andreea Ioana Kaiser is registered as adm. dir. of ALFA DEVELOPMENT A/S.

2024
Jan Kristensen leaves the board of ALFA DEVELOPMENT A/SAug 19, 2024

As of August 19, 2024, Jan Kristensen has left the board of directors of ALFA DEVELOPMENT A/S.

ALFA DEVELOPMENT A/S: The 2023 annual report is outMay 28, 2024

ALFA DEVELOPMENT A/S has published its annual report for 2023. Revenue came to DKK 19,152,000, and the net result was DKK 81,268,000.

Erik Ludvig Find joins the board of ALFA DEVELOPMENT A/SJan 12, 2024

As of January 12, 2024, Erik Ludvig Find has joined the board of directors of ALFA DEVELOPMENT A/S.

Erik Ludvig Find leaves the board of ALFA DEVELOPMENT A/SJan 11, 2024

As of January 11, 2024, Erik Ludvig Find has left the board of directors of ALFA DEVELOPMENT A/S.

2023
ALFA DEVELOPMENT A/S: The 2022 annual report is outMay 26, 2023

ALFA DEVELOPMENT A/S has published its annual report for 2022. Revenue came to DKK 24,211,000, and the net result was DKK 132,602,000.

Jan Kristensen joins the board of ALFA DEVELOPMENT A/SMay 25, 2023

As of May 25, 2023, Jan Kristensen has joined the board of directors of ALFA DEVELOPMENT A/S.

Andreea Ioana Kaiser joins the board of ALFA DEVELOPMENT A/SMay 25, 2023

As of May 25, 2023, Andreea Ioana Kaiser has joined the board of directors of ALFA DEVELOPMENT A/S.

Anders Håkan Wahrer joins the board of ALFA DEVELOPMENT A/SMay 25, 2023

As of May 25, 2023, Anders Håkan Wahrer has joined the board of directors of ALFA DEVELOPMENT A/S.

Andreea Ioana Kaiser leaves the board of ALFA DEVELOPMENT A/SMay 24, 2023

As of May 24, 2023, Andreea Ioana Kaiser has left the board of directors of ALFA DEVELOPMENT A/S.

Jan Kristensen steps down as adm. dir. of ALFA DEVELOPMENT A/SApr 28, 2023

As of April 28, 2023, Jan Kristensen has stepped down as adm. dir. of ALFA DEVELOPMENT A/S.

2022
Klaus Kaae joins the board of ALFA DEVELOPMENT A/SSep 16, 2022

As of September 16, 2022, Klaus Kaae has joined the board of directors of ALFA DEVELOPMENT A/S.

ALFA DEVELOPMENT A/S: The 2021 annual report is outMay 30, 2022

ALFA DEVELOPMENT A/S has published its annual report for 2021. Revenue came to DKK 14,869,000, and the net result was DKK 152,459,000.

ELF DEVELOPMENT A/S changes name to ALFA DEVELOPMENT A/SApr 29, 2022

On April 29, 2022, the company changed its name from ELF DEVELOPMENT A/S to ALFA DEVELOPMENT A/S.

2021
ALFA DEVELOPMENT A/S: The 2020 annual report is outJun 24, 2021

ALFA DEVELOPMENT A/S has published its annual report for 2020. Revenue came to DKK 14,372,000, and the net result was DKK 158,049,000.

2020
Peter Winther joins the board of ALFA DEVELOPMENT A/SNov 26, 2020

As of November 26, 2020, Peter Winther has joined the board of directors of ALFA DEVELOPMENT A/S.

Christian Henri Leroy leaves the board of ALFA DEVELOPMENT A/SNov 26, 2020

As of November 26, 2020, Christian Henri Leroy has left the board of directors of ALFA DEVELOPMENT A/S.

Erik Ludvig Find joins the board of ALFA DEVELOPMENT A/SSep 3, 2020

As of September 3, 2020, Erik Ludvig Find has joined the board of directors of ALFA DEVELOPMENT A/S.

Jan Kristensen joins ALFA DEVELOPMENT A/S as adm. dir.Sep 3, 2020

As of September 3, 2020, Jan Kristensen is registered as adm. dir. of ALFA DEVELOPMENT A/S.

Erik Ludvig Find steps down as adm. dir. of ALFA DEVELOPMENT A/SSep 3, 2020

As of September 3, 2020, Erik Ludvig Find has stepped down as adm. dir. of ALFA DEVELOPMENT A/S.

Erik Ludvig Find leaves the board of ALFA DEVELOPMENT A/SSep 2, 2020

As of September 2, 2020, Erik Ludvig Find has left the board of directors of ALFA DEVELOPMENT A/S.

ALFA DEVELOPMENT A/S: The 2019 annual report is outJun 4, 2020

ALFA DEVELOPMENT A/S has published its annual report for 2019. Revenue came to DKK 20,115,000, and the net result was DKK 121,004,000.

2019
Kristian Hare joins ALFA DEVELOPMENT A/S as directorDec 1, 2019

As of December 1, 2019, Kristian Hare is registered as director of ALFA DEVELOPMENT A/S.

Jan Aarestrup steps down as director of ALFA DEVELOPMENT A/SDec 1, 2019

As of December 1, 2019, Jan Aarestrup has stepped down as director of ALFA DEVELOPMENT A/S.

ALFA DEVELOPMENT A/S: The 2018 annual report is outMay 31, 2019

ALFA DEVELOPMENT A/S has published its annual report for 2018. Revenue came to DKK 19,284,000, and the net result was DKK 172,312,000.

2018
ALFA DEVELOPMENT A/S: The 2017 annual report is outMay 31, 2018

ALFA DEVELOPMENT A/S has published its annual report for 2017. Revenue came to DKK 13,468,719, and the net result was DKK 211,497,118.

2017
Jan Aarestrup joins ALFA DEVELOPMENT A/S as directorOct 1, 2017

As of October 1, 2017, Jan Aarestrup is registered as director of ALFA DEVELOPMENT A/S.

ALFA DEVELOPMENT A/S: The 2016 annual report is outJun 14, 2017

ALFA DEVELOPMENT A/S has published its annual report for 2016. Gross profit came to DKK 21,955,522, and the net result was DKK 69,190,976.

2016
ALFA DEVELOPMENT A/S: The 2015 annual report is outMar 17, 2016

ALFA DEVELOPMENT A/S has published its annual report for 2015. Gross profit came to DKK 2,246,668, and the net result was DKK 43,090,069.

2015
ALFA DEVELOPMENT A/S: The 2014 annual report is outApr 1, 2015

ALFA DEVELOPMENT A/S has published its annual report for 2014. Gross profit came to DKK -703,584, and the net result was DKK 7,349,830.

2014
Christian Henri Leroy joins the board of ALFA DEVELOPMENT A/SDec 16, 2014

As of December 16, 2014, Christian Henri Leroy has joined the board of directors of ALFA DEVELOPMENT A/S.

Rasmus Banke leaves the board of ALFA DEVELOPMENT A/SDec 16, 2014

As of December 16, 2014, Rasmus Banke has left the board of directors of ALFA DEVELOPMENT A/S.

ALFA DEVELOPMENT A/S: The 2013 annual report is outJun 4, 2014

ALFA DEVELOPMENT A/S has published its annual report for 2013. Gross profit came to DKK 2,002,757, and the net result was DKK 19,189,790.

2013
ALFA DEVELOPMENT A/S: The 2012 annual report is outJun 18, 2013

ALFA DEVELOPMENT A/S has published its annual report for 2012. Gross profit came to DKK 1,377,270, and the net result was DKK 11,830,142.

2006
ELF DEVELOPMENT A/S UNDER STIFTELSE changes name to ELF DEVELOPMENT A/SNov 30, 2006

On November 30, 2006, the company changed its name from ELF DEVELOPMENT A/S UNDER STIFTELSE to ELF DEVELOPMENT A/S.

ALFA DEVELOPMENT A/S appoints new auditorJul 1, 2006

As of July 1, 2006, REDMARK, GODKENDT REVISIONSPARTNERSELSKAB has been appointed auditor of ALFA DEVELOPMENT A/S.

Rasmus Banke joins the board of ALFA DEVELOPMENT A/SJul 1, 2006

As of July 1, 2006, Rasmus Banke has joined the board of directors of ALFA DEVELOPMENT A/S.

Andreea Ioana Kaiser joins the board of ALFA DEVELOPMENT A/SJul 1, 2006

As of July 1, 2006, Andreea Ioana Kaiser has joined the board of directors of ALFA DEVELOPMENT A/S.

Erik Ludvig Find joins the board of ALFA DEVELOPMENT A/SJul 1, 2006

As of July 1, 2006, Erik Ludvig Find has joined the board of directors of ALFA DEVELOPMENT A/S.

Erik Ludvig Find joins ALFA DEVELOPMENT A/S as adm. dir.Jul 1, 2006

As of July 1, 2006, Erik Ludvig Find is registered as adm. dir. of ALFA DEVELOPMENT A/S.

Registered as owner of ALFA DEVELOPMENT A/SJul 1, 2006

As of July 1, 2006, is registered as an owner of ALFA DEVELOPMENT A/S with an ownership share of 100%.

ALFA DEVELOPMENT A/S is foundedJul 1, 2006

ALFA DEVELOPMENT A/S was founded on July 1, 2006.

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