Owners, management and financials
CVR: 27773702
Secondary names: DANISH BRICKS P/S
Previous names: API PROPERTY FUND DENMARK P/S
DKK 352,423,000
Revenue
Net result: DKK 151,079,000
Pædagogernes Pension - pensionskassen for pædagoger (15-19,99%), TDC PENSIONSKASSE (20-24,99%)
4 more
CVR · view owners
Daniel Hye Hedemann
Board: Leif Stidsen (chair) and 4 members
CVR · view management
Active
Founded 1 June 2004
CVR · view overview
3 employees
CVR · 2024
Owner registered: TDC PENSIONSKASSE
CVR · 04/06/2025
View the full event history
Commercial Real Estate Denmark P/S is a Danish company of the type Kommanditaktieselskab/Partnerselskab based in Valby, founded in 2004. The company is registered under the industry Udlejning af erhvervsejendomme. The company was previously named API PROPERTY FUND DENMARK P/S. The management consists of Daniel Hye Hedemann. The board consists of Leif Stidsen (chair), Jan Henrik Willard, Kasper Højbjerg Kempf and Mogens Jørgensen. The company's owners include Pædagogernes Pension - pensionskassen for pædagoger, TDC PENSIONSKASSE and P+, Pensionskassen for Akademikere. The company has 3 employees (2024). In 2025, the company reported revenue of DKK 352,423,000 and a net result of DKK 151,079,000 compared with DKK -330,567,000 the year before. Equity in the 2025 report amounted to DKK 3,348,094,000.
Source: annual report 2025, Danish Business Authority
The financial health of Commercial Real Estate Denmark P/S shows significant volatility, with a notable recovery in 2025 after a challenging period. In 2025, the company reported revenue of 352.4 million DKK and a profit of 151.1 million DKK, contrasting sharply with a loss of 330.6 million DKK in 2024. Despite a decline in equity from 4.7 billion DKK in 2022 to 3.3 billion DKK in 2025, the company has demonstrated resilience with a positive profit margin in the latest fiscal year. However, the fluctuating profits and declining equity raise concerns about long-term stability in a competitive commercial real estate market.
AI-generated summary · Generated 15/04/2026
Partnerselskabets formål er investering i fast ejendom i Danmark, hovedsagelig erhvervsejendomme, og dermed beslægtet virksomhed samt eventuelt ejerskab i den til enhver tid udpegede forvalter for partnerselskabet.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 352.4 mio. | 151.1 mio. | 6.5 mia. | 3.3 mia. | 0 | |
| 202401/01/2024 – 31/12/2024 | 431.8 mio. | -330.6 mio. | 6.9 mia. | 3.4 mia. | 0 | |
| 202301/01/2023 – 31/12/2023 | - | -381.3 mio. | 8 mia. | 4.3 mia. | 0 | |
| 202201/01/2022 – 31/12/2022 | - | 143.2 mio. | 8.4 mia. | 4.7 mia. | 0 | |
| 202101/01/2021 – 31/12/2021 | 357.7 mio. | 592.1 mio. | 8.2 mia. | 4.3 mia. | 0 | |
| 202001/01/2020 – 31/12/2020 | 384.1 mio. | 220.1 mio. | 7.7 mia. | 3.6 mia. | 0 | |
| 201901/01/2019 – 31/12/2019 | 383.2 mio. | 194.1 mio. | 7.5 mia. | 3.4 mia. | 0 | |
| 201801/01/2018 – 31/12/2018 | 386.1 mio. | 240 mio. | 7.1 mia. | 3.2 mia. | 0 | |
| 201701/01/2017 – 31/12/2017 | 387.7 mio. | 340.9 mio. | 7 mia. | 3 mia. | 0 | |
| 201601/01/2016 – 31/12/2016 | 402.6 mio. | 279.8 mio. | 6.7 mia. | 2.7 mia. | 0 | |
| 201501/01/2015 – 31/12/2015 | 392.5 mio. | 208.8 mio. | 6.3 mia. | 2.1 mia. | 0 | |
| 201401/01/2014 – 31/12/2014 | 411.1 mio. | -21.7 mio. | 6.3 mia. | 2 mia. | 0 | |
| 201301/01/2013 – 31/12/2013 | 408.9 mio. | 6.1 mio. | 6.6 mia. | 2.2 mia. | 0 |
Compared to 18.852 companies in Udlejning af erhvervsejendomme
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
40 properties
Upgrade to Pro to see addresses, building data and ownership details
Property report (PDF)
The entire property portfolio in one report: areas, usage, energy labels, flood exposure, planning zone and local plans.
See an example report (PDF)See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreThe CVR number of Commercial Real Estate Denmark P/S is 27773702.
The owners of Commercial Real Estate Denmark P/S include Pædagogernes Pension - pensionskassen for pædagoger, TDC PENSIONSKASSE and P+, Pensionskassen for Akademikere.
The management of Commercial Real Estate Denmark P/S consists of Daniel Hye Hedemann.
The board of Commercial Real Estate Denmark P/S consists of Leif Stidsen, Jan Henrik Willard and Kasper Højbjerg Kempf, with Leif Stidsen as chair.
In 2025, Commercial Real Estate Denmark P/S reported revenue of DKK 352,423,000.
Commercial Real Estate Denmark P/S had 3 employees in 2024 according to the Danish CVR register.
Claim this page to add your logo and social links. Free to get started.
Contact info changed: new phone: 70222215, new email: [email protected] (July 14, 2026).
Contact info changed: new phone: 70222215, new email: [email protected] (April 15, 2026).
Commercial Real Estate Denmark P/S has published its annual report for 2025. Revenue came to DKK 352,423,000, and the net result was DKK 151,079,000.
Contact info changed: new phone: 70222215, new email: [email protected] (January 19, 2026).
As of December 18, 2025, Nadia Førster Varming has joined the board of directors of Commercial Real Estate Denmark P/S.
As of November 13, 2025, Søren Grusgaard has left the board of directors of Commercial Real Estate Denmark P/S.
As of June 4, 2025, TDC PENSIONSKASSE is registered as an owner of Commercial Real Estate Denmark P/S with an ownership share of 20%.
As of June 4, 2025, P+, Pensionskassen for Akademikere is registered as an owner of Commercial Real Estate Denmark P/S with an ownership share of 20%.
As of June 4, 2025, LÆGERNES PENSION - pensionskassen for læger is registered as an owner of Commercial Real Estate Denmark P/S with an ownership share of 15%.
Commercial Real Estate Denmark P/S has published its annual report for 2024. Revenue came to DKK 431,762,000, and the net result was DKK -330,567,000.
As of January 1, 2025, Daniel Hye Hedemann is registered as director of Commercial Real Estate Denmark P/S.
As of January 1, 2025, Michael Rønnelund Brogaard has stepped down as director of Commercial Real Estate Denmark P/S.
As of January 1, 2025, Mads Winther Worsøe Larsen has stepped down as director of Commercial Real Estate Denmark P/S.
As of December 30, 2024, Kasper Højbjerg Kempf has joined the board of directors of Commercial Real Estate Denmark P/S.
As of November 14, 2024, Ute Christiane Eckert has left the board of directors of Commercial Real Estate Denmark P/S.
As of May 27, 2024, Pædagogernes Pension - pensionskassen for pædagoger is registered as an owner of Commercial Real Estate Denmark P/S with an ownership share of 15%.
Commercial Real Estate Denmark P/S has published its annual report for 2023. The net result was DKK -381,318,000.
Commercial Real Estate Denmark P/S has published its annual report for 2022. The net result was DKK 143,248,000.
As of March 30, 2023, Ute Christiane Eckert has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 30, 2023, Kasper Højbjerg Kempf has left the board of directors of Commercial Real Estate Denmark P/S.
As of December 1, 2022, Michael Rønnelund Brogaard is registered as director of Commercial Real Estate Denmark P/S.
As of December 1, 2022, Mads Winther Worsøe Larsen is registered as director of Commercial Real Estate Denmark P/S.
As of December 1, 2022, Tonny Nielsen has stepped down as director of Commercial Real Estate Denmark P/S.
As of December 1, 2022, Morten Madsen has stepped down as director of Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S has published its annual report for 2021. Revenue came to DKK 357,725,000, and the net result was DKK 592,105,000.
As of December 17, 2021, Kasper Højbjerg Kempf has joined the board of directors of Commercial Real Estate Denmark P/S.
As of December 1, 2021, Daniel Hye Hedemann has left the board of directors of Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S has published its annual report for 2020. Revenue came to DKK 384,095,000, and the net result was DKK 220,134,000.
As of March 25, 2021, Søren Grusgaard has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 25, 2021, Per Skovsted has left the board of directors of Commercial Real Estate Denmark P/S.
As of January 25, 2021, Kim Nielsen has left the board of directors of Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S has published its annual report for 2019. Revenue came to DKK 383,235,000, and the net result was DKK 194,137,000.
As of March 25, 2020, Jan Henrik Willard has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 25, 2020, Kim Nielsen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 25, 2020, Erik Veedfald has left the board of directors of Commercial Real Estate Denmark P/S.
As of October 22, 2019, Daniel Hye Hedemann has joined the board of directors of Commercial Real Estate Denmark P/S.
As of September 30, 2019, Ib Jansholt has left the board of directors of Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S has published its annual report for 2018. Revenue came to DKK 386,114,000, and the net result was DKK 240,010,000.
As of March 28, 2019, Leif Stidsen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 28, 2019, Torben Schøn has left the board of directors of Commercial Real Estate Denmark P/S.
As of March 27, 2019, Leif Stidsen has left the board of directors of Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S has published its annual report for 2017. Revenue came to DKK 387,692,000, and the net result was DKK 340,950,000.
Commercial Real Estate Denmark P/S has published its annual report for 2016. Revenue came to DKK 402,586,000, and the net result was DKK 279,786,000.
As of December 9, 2016, AAGE V. JENSEN NATURFOND is registered as an owner of Commercial Real Estate Denmark P/S with an ownership share of 5%.
As of November 15, 2016, Tonny Nielsen is registered as director of Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S has published its annual report for 2015. Revenue came to DKK 392,477,000, and the net result was DKK 208,785,000.
As of April 26, 2016, Mogens Jørgensen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of April 26, 2016, Tonny Nielsen has left the board of directors of Commercial Real Estate Denmark P/S.
On April 26, 2016, the company changed its name from API PROPERTY FUND DENMARK P/S to Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S has published its annual report for 2014. Revenue came to DKK 411,102,000, and the net result was DKK -21,678,000.
As of March 25, 2015, Ib Jansholt has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 25, 2015, Pami Petteri Pihlström has left the board of directors of Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S has published its annual report for 2013. Revenue came to DKK 408,949,000, and the net result was DKK 6,055,000.
Commercial Real Estate Denmark P/S has published its annual report for 2012.
As of March 22, 2013, Robert Patrick Bingen has left the board of directors of Commercial Real Estate Denmark P/S.
As of July 18, 2012, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Commercial Real Estate Denmark P/S.
As of March 22, 2012, Per Skovsted has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 22, 2012, Leif Stidsen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 22, 2012, Leif Hasager has left the board of directors of Commercial Real Estate Denmark P/S.
As of March 22, 2012, Søren Friedrichsen has left the board of directors of Commercial Real Estate Denmark P/S.
As of January 1, 2012, Morten Madsen is registered as director of Commercial Real Estate Denmark P/S.
As of January 1, 2012, Tonny Nielsen has stepped down as director of Commercial Real Estate Denmark P/S.
As of November 1, 2011, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has stepped down as auditor of Commercial Real Estate Denmark P/S.
As of September 1, 2011, Tonny Nielsen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of September 1, 2011, Rickard Alvar Emanuel Backlund has left the board of directors of Commercial Real Estate Denmark P/S.
As of March 23, 2010, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has been appointed auditor of Commercial Real Estate Denmark P/S.
As of March 23, 2010, EY Godkendt Revisionspartnerselskab has stepped down as auditor of Commercial Real Estate Denmark P/S.
As of March 23, 2010, Erik Veedfald has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 26, 2009, Robert Patrick Bingen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of January 1, 2009, EY Godkendt Revisionspartnerselskab has been appointed auditor of Commercial Real Estate Denmark P/S.
As of January 1, 2009, CJ Partnership I/S has stepped down as auditor of Commercial Real Estate Denmark P/S.
As of October 15, 2008, Aage v Jensen Charity Foundation is registered as an owner of Commercial Real Estate Denmark P/S with an ownership share of 5%.
As of July 1, 2008, Marko Juha Amtero Multas has left the board of directors of Commercial Real Estate Denmark P/S.
As of March 5, 2007, Marko Juha Amtero Multas has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 6, 2006, Pami Petteri Pihlström has joined the board of directors of Commercial Real Estate Denmark P/S.
As of March 6, 2006, Knud Andersen has left the board of directors of Commercial Real Estate Denmark P/S.
As of March 6, 2006, Karsten Havkrog Pedersen has left the board of directors of Commercial Real Estate Denmark P/S.
As of December 15, 2005, Leif Hasager has joined the board of directors of Commercial Real Estate Denmark P/S.
As of December 15, 2005, Søren Friedrichsen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of May 13, 2005, Torben Schøn has joined the board of directors of Commercial Real Estate Denmark P/S.
As of June 1, 2004, CJ Partnership I/S has been appointed auditor of Commercial Real Estate Denmark P/S.
As of June 1, 2004, Knud Andersen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of June 1, 2004, Karsten Havkrog Pedersen has joined the board of directors of Commercial Real Estate Denmark P/S.
As of June 1, 2004, Rickard Alvar Emanuel Backlund has joined the board of directors of Commercial Real Estate Denmark P/S.
As of June 1, 2004, Tonny Nielsen is registered as director of Commercial Real Estate Denmark P/S.
Commercial Real Estate Denmark P/S was founded on June 1, 2004.
Uneven Bits ApS is an independent IT consultancy founded and operated by Klaus Byskov Pedersen. With deep expertise in software architecture and systems design, I help organizations build robust, scalable, and maintainable technical solutions. Whether you need strategic guidance on technology decisions, hands-on architecture work, or help navigating complex technical challenges, I bring focused expertise and a practical approach to every engagement.
Selskabets formål er IT- og kommunikationsvirksomhed samt virksomhed i øvrigt, der efter bestyrelsens skøn står i forbindelse hermed.
Selskabets formål er at udvikle, markedsføre, sælge og implementere software produkter til brug ved indkøbsstyring og dermed efter bestyrelsens skøn beslægtet virksomhed
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
Companies in the same industry and area
CVR 19498611
CVR 12074379
CVR 24306828
CVR 28777043
CVR 30643186
