Riskpilot← Back to searchSign inGet full accessPFA German Real Estate Low III ApS
APSActiveCVR 39756633Sundkrogsgade 4Buying and selling of own real estate · NACE 6811Est. 2018— employees
Revenue 2025
DKK 21,2M
+8% vs 2024
EBITDA margin
8.7%
-79% vs 2024
Equity ratio
10.2%
Financial strength
Net profit 2025
DKK -6,6M
-1083% vs 2024
| Revenue | DKK 21,2M | +8% |
| EBITDA | DKK 1,8M | -79% |
| Net profit | DKK -6,6M | -1083% |
| Total assets | DKK 529,6M | -4% |
| Equity | DKK 54M | -29% |
| Employees | — | — |
Legal name
PFA German Real Estate Low III ApS
CVR number
39756633
Legal form
Anpartsselskab
NACE code
6811 · Buying and selling of own real estate
Founded
2. august 2018
Share capital
DKK 50.000
Employees
—
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af bestyrelsens formand i forening med en direktør, bestyrelsens formand i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Company purpose
Selskabets formål er at foretage direkte eller indirekte investeringer i fast ejendom i udlandet.
Address
Sundkrogsgade 4
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 16.798 | 16.753 | 18.691 | — | 17.935 | 19.709 | 21.194 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 100 | 13.340 | 65.664 | -21.966 | -93.497 | 8.846 | 1.848 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| EBIT | 100 | 13.340 | 65.664 | -21.966 | -93.497 | 8.846 | 1.848 |
| Net financials | -19.745 | -13.673 | -8.221 | 19.963 | -116.112 | -13.534 | -19.185 |
| Profit before tax | -19.645 | -334 | 57.444 | -2.003 | -104.401 | 676 | -6.646 |
| Tax | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Net profit | -19.645 | -334 | 57.444 | -2.003 | -104.401 | 676 | -6.646 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total assets | 619.868 | 629.713 | 692.187 | 668.856 | 548.439 | 549.678 | 529.646 |
| Equity | 146.033 | 145.079 | 202.443 | 200.753 | 96.454 | 75.568 | 53.963 |
| Long-term debt | 463.652 | 468.516 | 470.283 | 446.621 | 448.374 | 470.193 | 471.186 |
| Short-term debt | 10.183 | 16.118 | 19.460 | 21.481 | 3.610 | 3.917 | 4.496 |
| Total debt | 473.835 | 484.634 | 489.744 | 468.103 | 451.984 | 474.110 | 475.683 |
EBITDA margin
8.7%
This company
15.8%
Market median
-45% vs market
20192025
Equity ratio
10.2%
This company
38.2%
Market median
-73% vs market
20192025
Return on equity
-12.3%
This company
18.4%
Market median
-167% vs market
20192025
Net profit margin
-31.4%
This company
8.1%
Market median
-488% vs market
20192025
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
20192025
Debt / equity
8.82×
This company
0.62×
Market median
-1323% vs market
20192025
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2018-08-02 – 2019-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
HN Management | Management | 2021 | — | — |
JK Management | Management | 2022 | — | — |
MA Management | Management | 2023 | — | — |
SF Founder | Founder | 2018 | — | — |
MH Management | Management | 2023 | — | — |
PB Management | Management | 2018 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2018 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
PFA Europe Real Estate Low II A/S | Company | 100.0% | 100.0% | 2018 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
PFA PENSION, FORSIKRINGSAKTIESELSKAB.PFA Europe Real Estate Low A/SPFA Europe Real Estate Low II A/S
PFA German Real Estate Low III ApS (this company)Board members of PFA German Real Estate Low III ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Henrik Nøhr Engelbrekt | Management | 0 companies |
| Jakob Kær Bille Krogh Nielsen | Management | 0 companies |
| Mikael Arne Fogemann | Management | 0 companies |
| Søren Fogh | Founder | 0 companies |
| Michael Hansen | Management | 0 companies |
| Pia Bastrup | Management | 0 companies |
| Peter Kenneth Morgan | Chairman | 0 companies |
| Vibeke Bodi | Board of Directors | 0 companies |
| Michael Bruhn | Chairman | 0 companies |
| Mary Anne Nybro Ekberg | Board of Directors | 0 companies |