AG Development A/S
CVR 26868866 · Public limited company (A/S) · Active · Low risk
AG Development A/S is a Public limited company (A/S), founded on , based in Odense SV. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 73.2m and a net result of DKK 1.4m.
Bankruptcy risk for AG Development A/S
0.0%
probability of bankruptcy within 12 months
Low risk
0.0 × the average (1.41%) · higher risk than 18% of active Danish companies
Lowest riskHighest risk
Increases the risk
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
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
- 26868866
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (23 years)
- Address
- Papirmester Allé 20
5250 Odense SV - Municipality
- Odense
- Industry
- Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme - Share capital
- DKK 10.0m
- Employees
- 42 (2018)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 22 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 22.6% |
| Current ratio | 93% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 5 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 75 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 52.0m | DKK 44.4m | DKK 45.4m |
| Net profit | DKK 1.4m | DKK -18.9m | DKK -1.3m |
| Equity | DKK 73.2m | DKK 71.8m | DKK 90.7m |
| Total assets | DKK 323.7m | DKK 259.2m | DKK 479.2m |
| Cash | DKK 5.3m | DKK 1.4m | – |
| Short-term debt | DKK 238.9m | DKK 175.4m | – |
| Avg. employees | 49 | 45 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 83 | ||
| 1 Jan 2024 – 31 Dec 2024 | 66 | ||
| 1 Jan 2023 – 31 Dec 2023 | 82 | ||
| 1 Jan 2022 – 31 Dec 2022 | 116 | ||
| 1 Jan 2021 – 31 Dec 2021 | 88 | ||
| 1 Jan 2020 – 31 Dec 2020 | 104 | ||
| 1 Jan 2019 – 31 Dec 2019 | 98 | ||
| 1 Jan 2018 – 31 Dec 2018 | 100 | ||
| 1 Jan 2017 – 31 Dec 2017 | 101 | ||
| 1 Jan 2016 – 31 Dec 2016 | 87 | ||
| 1 Jan 2015 – 31 Dec 2015 | 98 | ||
| 1 Jan 2014 – 31 Dec 2014 | 98 | ||
| 1 Jan 2013 – 31 Dec 2013 | 93 | ||
| 1 Jan 2012 – 31 Dec 2012 | 96 | ||
| 1 Jan 2011 – 31 Dec 2011 | 217 | Late | |
| 1 Jan 2010 – 31 Dec 2010 | 96 | ||
| 1 Jan 2009 – 31 Dec 2009 | 153 | ||
| 1 May 2007 – 30 Apr 2008 | 154 | ||
| 1 May 2006 – 30 Apr 2007 | 132 | ||
| 1 May 2005 – 30 Apr 2006 | 59 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Jørgen-Erik Witting | ||
| CEO | Robin Feddern | ||
| CEO | Bjarke Windeløv Graae | ||
| Board | Bjarke Windeløv Graae | Current | |
| Board | Berit Hoelgaard Didriksen | Current | |
| Board | Maj Uggerhøj | Current | |
| Board | Boris Nørgaard Kjeldsen | Current | |
| Board | Robin Feddern | Current | |
| Board | Uwe Teichert | ||
| Board | Søren Gram Degn | ||
| Board | Ole Walbom | ||
| Board | Robin Feddern | ||
| Board | Jørgen-Erik Witting | ||
| Board | Jørgen-Erik Witting | ||
| Board | Henrik Greve Nielsen | ||
| Board | Lars Holst | ||
| Board | Boris Nørgaard Kjeldsen | ||
| Board | Boris Nørgaard Kjeldsen | ||
| Board | Lars Holst | ||
| Owner (100%) | AG Gruppen A/S | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | AG Gruppen A/S | Current |
The CEOs' other companies
Jørgen-Erik Witting – 48 other companies
- 08.05.2017 ApS Opløst
- 20.07. ApS Active
- 23.05. ApS Active
- A. G. HOLDING ApS Active
- A/S BCS NR. 1 Opløst
- A/S BCS NR. 2 Opløst
- AG BASTIONSPARKEN ApS Fusioneret
- AG BOLIGSALG ApS Fusioneret
- AG Construction A/S Active
- AG Dannebrogsgade ApS Active
- AG Dannebrogsgade Holding ApS Active
- AG Gruppen A/S Active
- AG Investments A/S Active
- AG KLOSTERBAKKEN ApS Fusioneret
- AG Køge Kyst A/S Fusioneret
- AG MÅRSLET ApS Opløst
- AG TEGLHOLMEN ApS Opløst
- ALK, FREDERICIA ApS Active
- AMAGER ERHVERVSFORENING ApS Fusioneret
- AMAGER STRANDVEJ 100 ApS Active
- AMAGER STRANDVEJ 130 ApS Active
- AMAGER STRANDVEJ 18 ApS Fusioneret
- AMS 13 ApS Fusioneret
- AMS 5 ApS Fusioneret
- ANPARTSSELSKABET AF 13.09.2012 Opløst
- ARCOM BYG A/S Opløst
- ARKITEKTGRUPPEN ODENSE A/S Fusioneret
- AV 201 ApS Fusioneret
- Amager Strandvej 20 ApS Active
- ApS SPKR NR. 128 Opløst
Robin Feddern – 51 other companies
- AA Resi Admin ApS Active
- AG Agerbæksvej 13 ApS Active
- AG Agerbæksvej 15-17 ApS Active
- AG Agerbæksvej 21 ApS Active
- AG BASTIONSPARKEN ApS Fusioneret
- AG BOLIGSALG ApS Fusioneret
- AG Construction A/S Active
- AG Dannebrogsgade ApS Active
- AG Dannebrogsgade Holding ApS Active
- AG Diget ApS Fusioneret
- AG Engen ApS Active
- AG Fynsvej ApS Active
- AG Gruppen A/S Active
- AG Havneøen Holding ApS Active
- AG Herlev Bygade ApS Active
- AG Herlev Bygade Holding ApS Active
- AG Investments A/S Active
- AG Investments II A/S Active
- AG Investments III A/S Active
- AG KLOSTERBAKKEN ApS Fusioneret
- AG Københavnsvej ApS Active
- AG Køge Kyst A/S Fusioneret
- AG Marielundvej Holding ApS Active
- AG MÅRSLET ApS Opløst
- AG Nærheden ApS Active
- AG Property Management ApS Active
- AG Slettensvej ApS Active
- AG Solrød Strand ApS Active
- AG Solrød Strand Holding ApS Active
- AG TBT ApS Fusioneret
Bjarke Windeløv Graae – 51 other companies
- AG Agerbæksvej 13 ApS Active
- AG Agerbæksvej 15-17 ApS Active
- AG Agerbæksvej 21 ApS Active
- AG Construction A/S Active
- AG Dannebrogsgade ApS Active
- AG Dannebrogsgade Holding ApS Active
- AG Diget ApS Fusioneret
- AG Engen ApS Active
- AG Fynsvej ApS Active
- AG Gruppen A/S Active
- AG Havneøen Holding ApS Active
- AG Herlev Bygade ApS Active
- AG Herlev Bygade Holding ApS Active
- AG Investments A/S Active
- AG Investments II A/S Active
- AG Investments III A/S Active
- AG KLOSTERBAKKEN ApS Fusioneret
- AG Københavnsvej ApS Active
- AG Marielundvej Holding ApS Active
- AG Nærheden ApS Active
- AG Property Management ApS Active
- AG Slettensvej ApS Active
- AG Solrød Strand ApS Active
- AG Solrød Strand Holding ApS Active
- AG TBT ApS Fusioneret
- AG-HE Arealudvikling ApS Active
- AG-HE Holding ApS Active
- AG-Heimstaden ApS Opløst
- AG-LPB 2 Komplementar ApS Active
- AG-LPB Komplementar ApS Active
Address history (5 moves)
| Papirmester Allé 20, 5250 Odense SV | |
| Papirmester Allé 20, 5250 Odense SV | |
| Hollufgårds Allé 12, 5220 Odense SØ | |
| Hollufgårds Allé 8, 5220 Odense SØ | |
| Hestehaven 201, 5220 Odense SØ | |
| Lindevej 65, 5250 Odense SV |
Former names
| AG Development A/S | – now |
| ARKITEKTGRUPPEN EJENDOMME A/S | – |
| ARKITEKTGRUPPEN A/S | – |
| ARKITEKTGRUPPEN ODENSE A/S | – |
Employees per year
Other companies at the same address
- AG Agerbæksvej 13 ApS Active
- AG Agerbæksvej 15-17 ApS Active
- AG Agerbæksvej 21 ApS Active
- AG Construction A/S Active
- AG Dannebrogsgade ApS Active
- AG Dannebrogsgade Holding ApS Active
- AG Diget ApS Fusioneret
- AG Engen ApS Active
- AG Fynsvej ApS Active
- AG Gruppen A/S Active
- AG Havneøen Holding ApS Active
- AG Herlev Bygade ApS Active
- AG Herlev Bygade Holding ApS Active
- AG Investments A/S Active
- AG Investments II A/S Active
- AG Investments III A/S Active
- AG KLOSTERBAKKEN ApS Fusioneret
- AG Københavnsvej ApS Active
- AG Marielundvej Holding ApS Active
- AG Nærheden ApS Active
- AG Property Management ApS Active
- AG Slettensvej ApS Active
- AG Solrød Strand ApS Active
- AG Solrød Strand Holding ApS Active
- AG TBT ApS Fusioneret
Similar companies in Odense
- Gøttsch Holding A/S Odense SV
- MS INVEST ODENSE ApS Odense SV
- S.E.K. A/S Odense NV
- AP TRADING ApS Odense S
- JULIANA EJENDOMME A/S Odense S
- TR SØHUS INVEST ApS Odense N
- A.P. EJENDOMME HØJBY ApS Odense S
- ApS Rugårdsvej 55, Odense Odense C
- EJENDOMSSELSKABET ÅLØKKESHOLM ApS Odense C
- NIELSEN & HANSEN EJENDOMME, ODENSE ApS Odense C
- GRANHØJ ApS Odense S
- A/S JEKA STORMARKED HOLDING. ODENSE Odense C
Questions and answers about AG Development A/S
Has AG Development A/S gone bankrupt?
No, AG Development A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of AG Development 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 auditor of AG Development A/S?
AG Development A/S most recently used EY Godkendt Revisionspartnerselskab.
When was AG Development A/S founded?
AG Development A/S was founded on 12 November 2002.
What is the equity of AG Development A/S?
Equity was DKK 73.2m 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.