Magasin Aarhus A/S

CVR 13895074 · Public limited company (A/S) · Active · Low risk

Magasin Aarhus A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 255.4m and a net result of DKK 24.6m. CEO: Michael Jagd Jelbo.

Bankruptcy risk for Magasin Aarhus A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
13895074
Status
Active
Company type
Public limited company (A/S)
Founded
(36 years)
Address
c/o Magasin du Nord, Kongens Nytorv 13, kl.
1050 København K
Municipality
København
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 33.2m
Employees
1 (2005)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 31
Missing annual reportNo
Negative equityNo
Equity ratio26.1%
Current ratio52%
Moves (last 2 years)0
CEO changes in total20
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 46.0mDKK 46.7m
Gross profitDKK 44.3mDKK 42.7m
Net profitDKK 24.6mDKK 29.2m
EquityDKK 255.4mDKK 240.8m
Total assetsDKK 978.7mDKK 970.3m
CashDKK 4.2m–
Short-term debtDKK 13.4m–
Tax owedDKK 2.7m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025117
1 Jan 2024 – 31 Dec 2024118
1 Jan 2023 – 31 Dec 2023151
1 Jan 2022 – 31 Dec 2022144
1 Jan 2021 – 31 Dec 202180
1 Jan 2020 – 31 Dec 202076
1 Jan 2019 – 31 Dec 201977
1 Jan 2018 – 31 Dec 201871
1 Jan 2017 – 31 Dec 2017115
1 Jan 2016 – 31 Dec 2016111
1 Jan 2015 – 31 Dec 201577
1 Jan 2014 – 31 Dec 201477
1 Jan 2013 – 31 Dec 201392
1 Jan 2012 – 31 Dec 201270
1 Jan 2011 – 31 Dec 201165
1 Jan 2010 – 31 Dec 201090
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008209 Late
1 Jan 2007 – 31 Dec 2007163
1 Mar 2006 – 31 Dec 2006185 Late

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOMichael Jagd JelboCurrent
CEOSusanne Saul Stakemann
CEOJørgen Beck Basse
CEOHenrik Duhn
CEOCarsten Fensholt
CEOJónas Tór Tórvaldsson
CEOSigridur Hrefna Hrafnkelsdottir
CEOJohan Ewald Lorentzen
CEOKarsten Withington Brink
CEOHans Marius Møller
CEOSusanne Joseph Schou
CEOTine Cederholm Bemberg
BoardPeter FabriciusCurrent
BoardRasmus Munk ElverdamCurrent
BoardFrederik Gottlieb Gaarde Gudtmann NielsenCurrent
BoardAnke Zapal-KuckiCurrent
BoardStig Flemming Jakobsen
BoardMogens Vilstrup Hansen
BoardIb Manne Mayntzhusen Jessen
BoardJørgen Beck Basse
BoardPer Emil Hasselbalch Stakemann
BoardHenrik Duhn
BoardFinn Christensen
BoardHenrik Smith
BoardTage Benjaminsen
BoardHenrik Busch
BoardFinn Skelbæk Nielsen
BoardStig Finn Nielsen
BoardCarsten Fensholt
BoardPeter Nørskov Husum
BoardJón Björnsson
BoardMogens Vilstrup Hansen
BoardCarsten Schmidt
BoardClaus Abildstrøm
BoardEirikur S. Jóhannsson
BoardKristin Jóhannesdóttir
BoardMichael Rosenvold
BoardSigridur Hrefna Hrafnkelsdottir
BoardMichael Sheikh
BoardKlaus Thorsten Wollesen Lund
BoardGunnar Már Petersen
BoardMette Kapsch
BoardViðar Þorkelsson
BoardOscar Claudius Crohn
BoardJohan Ewald Lorentzen
BoardThor Nels Andersen
BoardVincent Marie Georges Fernand de Cannière
BoardSøren Ulslev
BoardLars Winther
BoardKarsten Withington Brink
BoardKenneth Olsson
BoardMichael Nielsen
BoardTorben Möger Pedersen
BoardMogens Muff
BoardJette Tang Sørensen
BoardSøren Ulslev
BoardMichael Nielsen
BoardSøren Ulslev
BoardJette Tang Sørensen
BoardKarsten Withington Brink
BoardHans Marius Møller
BoardKarsten Withington Brink
BoardMichael Nielsen
BoardHans Marius Møller
BoardJette Tang Sørensen
BoardLars Gøtke
BoardHans Marius Møller
BoardSusanne Joseph Schou
BoardTine Cederholm Bemberg
BoardAndre Scharf
Owner (100%)EMIL Retail Holding ApSCurrent
Owner (50%)Arbejdsmarkedets Tillægspension
Owner (50%)PENSIONDANMARK PENSIONSFORSIKRINGSAKTIESELSKAB
Owner (50%)PensionDanmark Ejendomme Holding K/S
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorErik Tronborg Andersen
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderVX 20.181 ApSCurrent

The CEOs' other companies

Michael Jagd Jelbo – 6 other companies

Susanne Saul Stakemann – 60 other companies, of which 60 bankrupt

Jørgen Beck Basse – 35 other companies, of which 6 bankrupt

Henrik Duhn – 42 other companies, of which 4 bankrupt

Carsten Fensholt – 46 other companies, of which 3 bankrupt

Johan Ewald Lorentzen – 45 other companies, of which 6 bankrupt

Karsten Withington Brink – 12 other companies

Hans Marius Møller – 37 other companies, of which 1 bankrupt

Susanne Joseph Schou – 4 other companies

Tine Cederholm Bemberg – 25 other companies

Address history (8 moves)

c/o Magasin du Nord, Kongens Nytorv 13, kl., 1050 København K
c/o ATP Ejendomme, Gothersgade 49, 1. th, 1123 København K
c/o Illum A/S, Østergade 52, 1100 København K
c/o Straumur Investment Bank, Lautrupsgade 7, 3., 2100 København Ø
c/o Landic Property Denmark A/S, Trekronergade 92, 2500 Valby
c/o Landic Property Denmark, Fanøgade 15, 2100 København Ø
c/o Landic Property Denmark, Kongevejen 195B, 2840 Holte
c/o Atlas Ejendomme II A/S, Snaregade 12, 1205 København K
Kongens Nytorv 15, 1050 København K

Former names

Magasin Aarhus A/S – now
ATPPD AARHUS A/S –
MAGILLUM AARHUS A/S –
LANDIC AARHUS A/S –
MAGASIN EJENDOMME. ÅRHUS A/S –
MAGASIN EJENDOMME, ÅRHUS ApS –
ApS KBIL 38 NR. 1075 –

Employees per year

Number of employees at Magasin Aarhus A/S per year111998: 019981999: 119992000: 020002001: 020012002: 120022003: 120032004: 120042005: 12005

Other companies at the same address

Similar companies in København

Questions and answers about Magasin Aarhus A/S

Has Magasin Aarhus A/S gone bankrupt?

No, Magasin Aarhus A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Magasin Aarhus A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Magasin Aarhus A/S?

Michael Jagd Jelbo is the CEO of Magasin Aarhus A/S.

Who is the auditor of Magasin Aarhus A/S?

Magasin Aarhus A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Magasin Aarhus A/S founded?

Magasin Aarhus A/S was founded on 1 January 1990.

What is the equity of Magasin Aarhus A/S?

Equity was DKK 255.4m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.