SCANDINAVIAN PROPERTY DEVELOPMENT A/S

CVR 29539421 · Public limited company (A/S) · Active · Low risk

SCANDINAVIAN PROPERTY DEVELOPMENT A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.1% 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 34.8m and a net result of DKK 3.1m. CEO: Stig Holmboe-Thorsen.

Bankruptcy risk for SCANDINAVIAN PROPERTY DEVELOPMENT A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%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×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · 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
29539421
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Sankt Annæ Plads 28, 3.
1250 København K
Municipality
København
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 500k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 20
Missing annual reportNo
Negative equityNo
Equity ratio50.4%
Current ratio150%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address81
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -341kDKK -204kDKK -1.3m
Net profitDKK 3.1mDKK 24.9mDKK -2.3m
EquityDKK 34.8mDKK 31.7mDKK 121.8m
Total assetsDKK 69.1mDKK 87.7mDKK 126.5m
CashDKK 17.3mDKK 482k–
Short-term debtDKK 34.2mDKK 56.0m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025148
1 Jan 2024 – 31 Dec 2024165
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 2019162
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 2017173
1 Jan 2016 – 31 Dec 2016172
1 Jan 2015 – 31 Dec 2015169
1 Jan 2014 – 31 Dec 2014187 Late
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012163
1 Jan 2011 – 31 Dec 2011155
1 Jan 2010 – 31 Dec 2010195 Late
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008139
1 Jan 2007 – 31 Dec 2007146
17 May 2006 – 31 Dec 200687

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
CEOStig Holmboe-ThorsenCurrent
BoardStig Holmboe-ThorsenCurrent
BoardSusanne Holmboe-ThorsenCurrent
BoardMichelle ThorsbrennerCurrent
BoardAndreas Holmboe ThorsenCurrent
BoardKai Ingolf Edelved
BoardJakob Schou Midtgaard
BoardJohn Flemming Kahlke
BoardBrian Bjerg Schou
BoardKai Ingolf Edelved
BoardMette Romlund Edelved
Owner (100%)STH ApSCurrent
Owner (33%)STH ApS
Owner (33%)KIE HOLDING ApS
Owner (33%)K3 FINANS ApS
Owner (50%)STH ApS
Owner (50%)KIE HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorINTERREVISION A/S
AuditorSelskabet af den 4. juli 2016 RVT ApS
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
FounderSTH ApSCurrent
FounderKIE HOLDING ApSCurrent

The CEOs' other companies

Stig Holmboe-Thorsen – 39 other companies, of which 2 bankrupt

Address history (3 moves)

Sankt Annæ Plads 28, 3., 1250 København K
Sankt Annæ Plads 28, 3., 1250 København K
Slotsherrensvej 215, 2610 Rødovre
Lyngby Hovedgade 98, st., 2800 Kgs.Lyngby

Former names

SCANDINAVIAN PROPERTY DEVELOPMENT A/S – now
HOLMBOE PLUS EDELVED A/S –

Other companies at the same address

Similar companies in København

Questions and answers about SCANDINAVIAN PROPERTY DEVELOPMENT A/S

Has SCANDINAVIAN PROPERTY DEVELOPMENT A/S gone bankrupt?

No, SCANDINAVIAN PROPERTY DEVELOPMENT A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SCANDINAVIAN PROPERTY DEVELOPMENT A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of SCANDINAVIAN PROPERTY DEVELOPMENT A/S?

Stig Holmboe-Thorsen is the CEO of SCANDINAVIAN PROPERTY DEVELOPMENT A/S.

Who is the auditor of SCANDINAVIAN PROPERTY DEVELOPMENT A/S?

SCANDINAVIAN PROPERTY DEVELOPMENT A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was SCANDINAVIAN PROPERTY DEVELOPMENT A/S founded?

SCANDINAVIAN PROPERTY DEVELOPMENT A/S was founded on 17 May 2006.

What is the equity of SCANDINAVIAN PROPERTY DEVELOPMENT A/S?

Equity was DKK 34.8m 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.