Owners, management and financials
CVR: 41684291
Previous names: Høvegaard ApS, Toelstang Properties ApS
DKK 4,121,041
Gross profit
Net result: DKK 484,299
Toelstang Holding ApS (100%)
CVR · view owners
Nicklas Toelstang
CVR · view management
Active
Founded 16 September 2020
CVR · view overview
12 employees
CVR · 2026
Director role ended: Christoffer Fisker Balsgaard
CVR · 20/04/2023
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Velhaven Byg & Anlæg ApS is a Danish company of the type Anpartsselskab based in Ringsted, founded in 2020. The company is registered under the industry Andre specialiserede byggeaktiviteter i.a.n.. The company was previously named Toelstang Properties ApS and Høvegaard ApS. The management consists of Nicklas Toelstang. The company is owned by Toelstang Holding ApS. The company has 12 employees (2026). In 2025, the company reported a gross profit of DKK 4,121,041 and a net result of DKK 484,299 compared with DKK -417,581 the year before. Equity in the 2025 report amounted to DKK 396,190.
Source: annual report 2025, Danish Business Authority
The financial health of Velhaven Byg & Anlæg ApS shows a positive trajectory despite some fluctuations in profitability. In 2025, the company reported a gross profit of 4,121,041 DKK and a profit of 484,299 DKK, indicating a recovery from a loss of 417,581 DKK in 2024. Equity has improved significantly from -88,109 DKK in 2024 to 396,190 DKK in 2025, reflecting a strengthening financial position. However, the lack of disclosed revenue figures raises concerns about transparency and overall market presence within the specialized construction industry.
AI-generated summary · Generated 16/08/2026
Selskabets formål er bygge og anlægsvirksomhed og hermed bestående virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 4.1 mio. | 484 t. | 1.8 mio. | 396 t. | 6 | |
| 202401/01/2024 – 31/12/2024 | 4.6 mio. | -418 t. | 1.7 mio. | -88 t. | 8 | |
| 202301/01/2023 – 31/12/2023 | 4.4 mio. | 289 t. | 2.2 mio. | 329 t. | 3 | |
| 202201/01/2022 – 31/12/2022 | - | 0 | 40 t. | 40 t. | 0 |
Compared to 1.424 companies in Andre specialiserede byggeaktiviteter i.a.n.
Comparison is based on industry median values
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Set up monitoringThe CVR number of Velhaven Byg & Anlæg ApS is 41684291.
Velhaven Byg & Anlæg ApS is owned by Toelstang Holding ApS.
The management of Velhaven Byg & Anlæg ApS consists of Nicklas Toelstang.
In 2025, Velhaven Byg & Anlæg ApS reported a gross profit of DKK 4,121,041.
Velhaven Byg & Anlæg ApS had 12 employees in 2026 according to the Danish CVR register.
Velhaven Byg & Anlæg ApS was founded on 16 September 2020.
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Velhaven Byg & Anlæg ApS has published its annual report for 2025. Gross profit came to DKK 4,121,041, and the net result was DKK 484,299.
Velhaven Byg & Anlæg ApS has published its annual report for 2024. Gross profit came to DKK 4,645,383, and the net result was DKK -417,581.
Velhaven Byg & Anlæg ApS has published its annual report for 2023. Gross profit came to DKK 4,441,490, and the net result was DKK 289,472.
Velhaven Byg & Anlæg ApS has published its annual report for 2022. The net result was DKK 0.
As of April 20, 2023, Christoffer Fisker Balsgaard has stepped down as director of Velhaven Byg & Anlæg ApS.
As of March 1, 2023, Per Toelstang has left the board of directors of Velhaven Byg & Anlæg ApS.
As of March 1, 2023, Nicklas Toelstang has left the board of directors of Velhaven Byg & Anlæg ApS.
As of March 1, 2023, Christoffer Fisker Balsgaard is registered as director of Velhaven Byg & Anlæg ApS.
On March 1, 2023, the company changed its name from Toelstang Properties ApS to Velhaven Byg & Anlæg ApS.
Velhaven Byg & Anlæg ApS has published its interim report for the period September 16, 2020 – December 31, 2021.
As of July 7, 2022, Investeringsselskabet af 20. september 2008 ApS has stepped down as auditor of Velhaven Byg & Anlæg ApS.
On January 19, 2021, the company changed its name from Høvegaard ApS to Toelstang Properties ApS.
As of September 16, 2020, Investeringsselskabet af 20. september 2008 ApS has been appointed auditor of Velhaven Byg & Anlæg ApS.
As of September 16, 2020, Per Toelstang has joined the board of directors of Velhaven Byg & Anlæg ApS.
As of September 16, 2020, Nicklas Toelstang has joined the board of directors of Velhaven Byg & Anlæg ApS.
As of September 16, 2020, Nicklas Toelstang is registered as adm. dir. of Velhaven Byg & Anlæg ApS.
As of September 16, 2020, Toelstang Holding ApS is registered as an owner of Velhaven Byg & Anlæg ApS with an ownership share of 100%.
Velhaven Byg & Anlæg ApS was founded on September 16, 2020.

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