Owners, management and financials
CVR: 39756676
Previous names: PFA Global PropCo 4 ApS
DKK 36,596,060
Revenue
Net result: DKK 14,006,327
PFA Europe Real Estate Low II A/S (100%)
CVR · view owners
Michael Hansen
Board: Peter Kenneth Morgan (chair) and 2 members
CVR · view management
Active
Founded 2 August 2018
CVR · view overview
0 employees
Annual report 2025 · average
Director role ended: Mikael Arne Fogemann
CVR · 01/12/2023
View the full event history
PFA German Real Estate Low IV ApS is a Danish company of the type Anpartsselskab based in København Ø, founded in 2018. The company is registered under the industry Køb og salg af egen fast ejendom. The company was previously named PFA Global PropCo 4 ApS. The management consists of Michael Hansen. The board consists of Peter Kenneth Morgan (chair), Michael Hansen and Vibeke Bodi. The company is owned by PFA Europe Real Estate Low II A/S. According to the 2025 annual report, the company had an average of 0 employees. In 2025, the company reported revenue of DKK 36,596,060 and a net result of DKK 14,006,327 compared with DKK 1,101,388 the year before. Equity in the 2025 report amounted to DKK 136,588,278.
Source: annual report 2025, Danish Business Authority
The financial health of PFA German Real Estate Low IV ApS shows significant volatility, particularly in profitability. In 2025, the company rebounded with a revenue of 36,596,060 DKK and a profit of 14,006,327 DKK, following a challenging period marked by a substantial loss of 128,686,234 DKK in 2023. Equity has decreased from 296,454,000 DKK in 2021 to 136,588,278 DKK in 2025, indicating a concerning trend in asset management. While the recent revenue growth suggests a recovery, the fluctuating profit margins and declining equity raise concerns about long-term stability and operational efficiency within the real estate sector.
AI-generated summary · Generated 20/03/2026
Selskabets formål er at foretage direkte eller indirekte investeringer i fast ejendom i udlandet.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 36.6 mio. | 14 mio. | 802.9 mio. | 136.6 mio. | 0 | |
| 202401/01/2024 – 31/12/2024 | 35.5 mio. | 1.1 mio. | 787.2 mio. | 122.4 mio. | - | |
| 202301/01/2023 – 31/12/2023 | 32.9 mio. | -128.7 mio. | 785 mio. | 152.5 mio. | - | |
| 202201/01/2022 – 31/12/2022 | - | -15.9 mio. | 943.4 mio. | 280.9 mio. | 0 | |
| 202101/01/2021 – 31/12/2021 | 31.1 mio. | 82.2 mio. | 976.9 mio. | 296.5 mio. | 0 | |
| 202001/01/2020 – 31/12/2020 | 29.5 mio. | 19.7 mio. | 884.2 mio. | 214.3 mio. | 0 |
Compared to 7.304 companies in Køb og salg af egen fast ejendom
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
Get notified instantly about new financial statements, ownership changes, management changes and status changes.
Set up monitoringThe CVR number of PFA German Real Estate Low IV ApS is 39756676.
PFA German Real Estate Low IV ApS is owned by PFA Europe Real Estate Low II A/S.
The management of PFA German Real Estate Low IV ApS consists of Michael Hansen.
The board of PFA German Real Estate Low IV ApS consists of Peter Kenneth Morgan, Michael Hansen and Vibeke Bodi, with Peter Kenneth Morgan as chair.
In 2025, PFA German Real Estate Low IV ApS reported revenue of DKK 36,596,060.
PFA German Real Estate Low IV ApS had an average of 0 employees in the 2025 financial year according to the annual report.
Claim this page to add your logo and social links. Free to get started.
PFA German Real Estate Low IV ApS has published its annual report for 2025. Revenue came to DKK 36,596,060, and the net result was DKK 14,006,327.
PFA German Real Estate Low IV ApS has published its annual report for 2024. Revenue came to DKK 35,482,461, and the net result was DKK 1,101,388.
PFA German Real Estate Low IV ApS has published its annual report for 2023. Revenue came to DKK 32,935,534, and the net result was DKK -128,686,234.
As of March 5, 2024, EY Godkendt Revisionspartnerselskab has been appointed auditor of PFA German Real Estate Low IV ApS.
As of March 5, 2024, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of PFA German Real Estate Low IV ApS.
As of December 1, 2023, Peter Kenneth Morgan has joined the board of directors of PFA German Real Estate Low IV ApS.
As of December 1, 2023, Michael Hansen has joined the board of directors of PFA German Real Estate Low IV ApS.
As of December 1, 2023, Michael Bruhn has left the board of directors of PFA German Real Estate Low IV ApS.
As of December 1, 2023, Mikael Arne Fogemann has left the board of directors of PFA German Real Estate Low IV ApS.
As of December 1, 2023, Michael Hansen is registered as director of PFA German Real Estate Low IV ApS.
As of December 1, 2023, Mikael Arne Fogemann has stepped down as director of PFA German Real Estate Low IV ApS.
As of May 17, 2023, Vibeke Bodi has joined the board of directors of PFA German Real Estate Low IV ApS.
As of May 17, 2023, Mary Anne Nybro Ekberg has left the board of directors of PFA German Real Estate Low IV ApS.
PFA German Real Estate Low IV ApS has published its annual report for 2022. The net result was DKK -15,914,000.
As of February 1, 2023, Mikael Arne Fogemann is registered as director of PFA German Real Estate Low IV ApS.
As of February 1, 2023, Jakob Kær Bille Krogh Nielsen has stepped down as director of PFA German Real Estate Low IV ApS.
As of May 24, 2022, Mikael Arne Fogemann has joined the board of directors of PFA German Real Estate Low IV ApS.
As of May 24, 2022, Henrik Nøhr Engelbrekt has left the board of directors of PFA German Real Estate Low IV ApS.
As of May 24, 2022, Jakob Kær Bille Krogh Nielsen is registered as director of PFA German Real Estate Low IV ApS.
As of May 24, 2022, Henrik Nøhr Engelbrekt has stepped down as director of PFA German Real Estate Low IV ApS.
PFA German Real Estate Low IV ApS has published its annual report for 2021. Revenue came to DKK 31,057,000, and the net result was DKK 82,198,000.
PFA German Real Estate Low IV ApS has published its annual report for 2020. Revenue came to DKK 29,525,000, and the net result was DKK 19,713,000.
As of March 17, 2021, Henrik Nøhr Engelbrekt has joined the board of directors of PFA German Real Estate Low IV ApS.
As of March 17, 2021, Mary Anne Nybro Ekberg has joined the board of directors of PFA German Real Estate Low IV ApS.
As of March 17, 2021, Vibeke Bodi has left the board of directors of PFA German Real Estate Low IV ApS.
As of March 17, 2021, Mikael Arne Fogemann has left the board of directors of PFA German Real Estate Low IV ApS.
As of March 17, 2021, Henrik Nøhr Engelbrekt is registered as director of PFA German Real Estate Low IV ApS.
As of March 17, 2021, Pia Bastrup has stepped down as director of PFA German Real Estate Low IV ApS.
PFA German Real Estate Low IV ApS has published its interim report for the period August 2, 2018 – December 31, 2019.
On December 7, 2018, the company changed its name from PFA Global PropCo 4 ApS to PFA German Real Estate Low IV ApS.
As of August 6, 2018, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of PFA German Real Estate Low IV ApS.
As of August 6, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of PFA German Real Estate Low IV ApS.
As of August 2, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of PFA German Real Estate Low IV ApS.
As of August 2, 2018, Michael Bruhn has joined the board of directors of PFA German Real Estate Low IV ApS.
As of August 2, 2018, Vibeke Bodi has joined the board of directors of PFA German Real Estate Low IV ApS.
As of August 2, 2018, Mikael Arne Fogemann has joined the board of directors of PFA German Real Estate Low IV ApS.
As of August 2, 2018, Pia Bastrup is registered as director of PFA German Real Estate Low IV ApS.
As of August 2, 2018, PFA Europe Real Estate Low II A/S is registered as an owner of PFA German Real Estate Low IV ApS with an ownership share of 100%.
PFA German Real Estate Low IV ApS was founded on August 2, 2018.

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 at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.

Selskabets formål er IT- og kommunikationsvirksomhed samt virksomhed i øvrigt, der efter bestyrelsens skøn står i forbindelse hermed.
Companies in the same industry and area
CVR 40861599
CVR 37994871
CVR 38129287
CVR 40978356
CVR 41160470