KRISTENSEN FUND & ASSET MANAGEMENT A/S

CVR 21153680 · Public limited company (A/S) · Active · Low risk

KRISTENSEN FUND & ASSET MANAGEMENT A/S is a Public limited company (A/S), founded on , based in Aalborg. The company is registered in the industry administration af fast ejendom på kontraktbasis. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 22.2m and a net result of DKK -4.7m. CEO: Jeppe Lynge Larsen, Per Traunholm.

Bankruptcy risk for KRISTENSEN FUND & ASSET MANAGEMENT A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · 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×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
21153680
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
c/o Kristensen Properties A/S, Skibsbyggerivej 5
9000 Aalborg
Municipality
Aalborg
Industry
Administration af fast ejendom på kontraktbasis (683210)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Employees
16 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 27
Missing annual reportNo
Negative equityNo
Equity ratio54.7%
Current ratio192%
Moves (last 2 years)0
CEO changes in total9
CEO's previous bankruptcies2
Other companies at the address36
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 7.8mDKK 11.5m
Net profitDKK -4.7mDKK -2.8m
EquityDKK 22.2mDKK 26.9m
Total assetsDKK 40.6mDKK 42.2m
CashDKK 1.9m–
Short-term debtDKK 17.5m–
Avg. employees14–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024122
1 Jan 2023 – 31 Dec 2023123
1 Jan 2022 – 31 Dec 2022123
1 Jan 2021 – 31 Dec 2021126
1 Jan 2020 – 31 Dec 2020127
1 Jan 2019 – 31 Dec 2019121
1 Jan 2018 – 31 Dec 2018126
1 Jan 2017 – 31 Dec 2017137
1 Jan 2016 – 31 Dec 2016138
1 Jan 2015 – 31 Dec 2015125
1 Jan 2014 – 31 Dec 2014128
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011164
1 Jan 2010 – 31 Dec 2010170
1 Jan 2009 – 31 Dec 2009157
1 Jan 2008 – 31 Dec 2008162
1 Jan 2007 – 31 Dec 2007160
1 Jan 2006 – 31 Dec 2006130

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
CEOJeppe Lynge LarsenCurrent
CEOPer TraunholmCurrent
CEOPeter Andreas Stakemann
CEOKent Hoeg Sørensen
CEOOle Vedsted-Jakobsen
CEOMichael Ingemann Schmidt
CEOKent Hoeg Sørensen
BoardMichael Ingemann SchmidtCurrent
BoardMette KoldCurrent
BoardKent Hoeg SørensenCurrent
BoardKim Madsen
BoardPeter Andreas Stakemann
BoardAnnemette Heller
BoardThorkild Sørensen Sloth Kristensen
BoardNiels Erik Nielsen
BoardHans Mogens Fenne-Frederiksen
BoardBent Erik Krogh Jensen
BoardKent Hoeg Sørensen
BoardPeter Westphal
BoardJesper Korsbæk Jensen
BoardTage Benjaminsen
BoardKent Hoeg Sørensen
BoardHans Peter Larsen
BoardJakob Venø Schougaard
BoardSteen Møller Jensen
Owner (100%)KRISTENSEN PROPERTIES A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderVX 10.312 ApSCurrent

The CEOs' other companies

Jeppe Lynge Larsen – 45 other companies, of which 1 bankrupt

Per Traunholm – 18 other companies, of which 2 bankrupt

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Kent Hoeg Sørensen – 60 other companies, of which 14 bankrupt

Ole Vedsted-Jakobsen – 23 other companies, of which 5 bankrupt

Michael Ingemann Schmidt – 10 other companies

Address history (4 moves)

c/o Kristensen Properties A/S, Skibsbyggerivej 5, 9000 Aalborg
c/o Kristensen Properties A/S, Vesterbro 18, 9000 Aalborg
Ved Stranden 22, 4. tv, 9100 Aalborg
Ved Stranden 22, 9000 Aalborg
Hasserisvej 143, 9000 Aalborg

Former names

KRISTENSEN FUND & ASSET MANAGEMENT A/S – now
KRISTENSEN EJENDOMME A/S –
THORKILD KRISTENSEN EJENDOMME A/S –
THORKILD KRISTENSEN PROJECTS A/S –
A/S PSE NR. 5370 –

Employees per year

Number of employees at KRISTENSEN FUND & ASSET MANAGEMENT A/S per year10192011: 1620112012: 1820122013: 1720132014: 1820142015: 1720152016: 1520162017: 1920172018: 162018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about KRISTENSEN FUND & ASSET MANAGEMENT A/S

Has KRISTENSEN FUND & ASSET MANAGEMENT A/S gone bankrupt?

No, KRISTENSEN FUND & ASSET MANAGEMENT A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of KRISTENSEN FUND & ASSET MANAGEMENT A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of KRISTENSEN FUND & ASSET MANAGEMENT A/S?

Jeppe Lynge Larsen, Per Traunholm are the CEOs of KRISTENSEN FUND & ASSET MANAGEMENT A/S.

Who is the auditor of KRISTENSEN FUND & ASSET MANAGEMENT A/S?

KRISTENSEN FUND & ASSET MANAGEMENT A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was KRISTENSEN FUND & ASSET MANAGEMENT A/S founded?

KRISTENSEN FUND & ASSET MANAGEMENT A/S was founded on 1 July 1998.

What is the equity of KRISTENSEN FUND & ASSET MANAGEMENT A/S?

Equity was DKK 22.2m 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.