Loading company…
Riskpilot
← Back to search
Sign in
Get full access
BORGSTEN ApS
APS
Active
CVR 35381791
Badstuegade 3
Rental and operating of own or leased real estate · NACE 6820
Est. 2013
— employees
Watchlist
Share
Download PDF
Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
DKK 4M
+3% vs 2024
EBITDA margin
100.5%
+454% vs 2024
Equity ratio
42.7%
Financial strength
Net profit 2025
DKK 2,2M
+203% vs 2024
EBITDA — year on year
DKK millions
6M
4M
1M
-1M
-4M
5M
2021
4M
-20%
2022
-3M
-175%
2023
-1M
+67%
2024
4M
+500%
2025
Key figures
Annual report 2025
Revenue
DKK 4M
+3%
EBITDA
DKK 4M
+454%
Net profit
DKK 2,2M
+203%
Total assets
DKK 92,1M
+2%
Equity
DKK 39,3M
+6%
Employees
—
—
Company information
Legal name
BORGSTEN ApS
CVR number
35381791
Legal form
Anpartsselskab
NACE code
6820 · Rental and operating of own or leased real estate
Founded
20. juni 2013
Share capital
DKK 80.000
Employees
—
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af én direktør
Company purpose
Selskabets formål er anlægsinvestering i fast ejendom, udlejning samt dermed beslægtet virksomhed
Contact
Address
Badstuegade 3
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Rental and operating of own or leased real estate
Companies in Aarhus
All Denmark companies
Revenue
DKK millions
0M
1M
2M
3M
5M
3M
2021
4M
2022
4M
2023
4M
2024
4M
2025
EBITDA
DKK millions
0M
1M
3M
4M
6M
5M
2021
4M
2022
-3M
2023
-1M
2024
4M
2025
Income statement
DKK thousands
Item
2021
2022
2023
2024
2025
Revenue
3.007
3.543
3.794
3.872
3.970
Staff expenses
-0
-0
-0
-0
-0
EBITDA
5.007
3.543
-3.206
-1.128
3.990
Depreciation & amort.
-0
-0
-0
-0
-0
EBIT
5.007
3.543
-3.206
-1.128
3.990
Net financials
-1.629
6.688
-1.585
-1.547
-1.232
Profit before tax
3.378
10.231
-4.791
-2.675
2.759
Tax
743
2.252
-1.054
-588
607
Net profit
2.635
7.979
-3.737
-2.086
2.152
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
2025
Total assets
102.591
102.047
95.021
90.015
92.150
Equity
35.027
43.006
39.270
37.183
39.335
Long-term debt
47.697
38.963
38.236
37.411
37.024
Short-term debt
6.000
5.777
4.347
2.951
2.917
Total debt
53.697
44.740
42.583
40.363
39.942
Financial ratios
5-year trend
EBITDA margin
100.5%
This company
15.8%
Market median
+536% vs market
2021
2025
Equity ratio
42.7%
This company
38.2%
Market median
+12% vs market
2021
2025
Return on equity
5.5%
This company
18.4%
Market median
-70% vs market
2021
2025
Net profit margin
54.2%
This company
8.1%
Market median
+569% vs market
2021
2025
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
2021
2025
Debt / equity
1.34×
This company
0.62×
Market median
-116% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
CL
Carsten Larsen Kappelborg
Management
Management
2013
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
C.K. Holding 2023 ApS
Company
100%
100%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
C.K. Holding 2023 ApS
BORGSTEN ApS
(this company)
Board network connections
Board members of BORGSTEN ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Carsten Larsen Kappelborg
Management
0 companies