GREEN SQUARE ART ApS
APSActiveCVR 76182515Vestre Ringgade 26, 8000 Aarhus CRental and operating of own or leased real estate· NACE 6820Est. 1985 · 41 years old— employees
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Overview
GREEN SQUARE ART ApS is a Danish APS based in Aarhus C, operating in the Rental and operating of own or leased real estate sector. Incorporated in 1985, the company reported a gross profit of DKK 44.4m in its latest annual filing.
Gross profit 2026
0B DKK
+2% vs 2025
EBITDA margin (of gross profit)
413.0 %
+380% vs 2025
Net profit 2026
0.1B DKK
+1129% vs 2025
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
1.9 %
Very weakAmong the 20% lowest rated companies in the industry
20212026
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
AverageAround the average of companies in the same industry
20212026
Return on assets (ROA)Net profit ÷ Total assets × 100
7.0 %
Very strongAmong the 20% highest rated companies in the industry
20212026
EBITDA — year on year
DKK millionsKey figures
Annual report 2026| Gross profit | 0B DKK | +2% |
| EBITDA | 0.2B DKK | +380% |
| Net profit | 0.1B DKK | +1129% |
| Total assets | 1.5B DKK | +11% |
| Equity | 0B DKK | +137% |
| Employees | — | — |
Company information
Legal name
GREEN SQUARE ART ApS
CVR number
76182515
Legal form
Anpartsselskab
NACE code
Founded
12 January 1985 · 41 years
Share capital
DKK 1,200,000
Employees
—
VAT registered
Yes
Audit selected
Yes
Last report
2026-03-31
Financial year
January – December
Signatory rights
Selskabet tegnes af to direktører i forening.
Company purpose
Selskabets formål er at drive virksomhed med projektering, udvikling, byggeri og udlejning af ejendomme med henblik på videresalg samt al anden virksomhed, som efter bestyrelsens skøn er beslægtet hermed.
(no translation available)
Address
Vestre Ringgade 26, 8000 Aarhus C
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Financial development
In its most recent annual report (2026), GREEN SQUARE ART ApS reported a gross profit of DKK 44.4m, an increase of 2% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2026. The bottom line showed a net profit of DKK 104.4m, and the EBITDA margin stood at 413%.
At the end of 2026, equity financed 1.9% of the balance sheet, and current assets covered short-term debt 0.4 times.
Financials
Gross profit
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2026 | 2025 | 2024 | 2023 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 44,402 | 43,386 | 44,656 | 49,000 | 266,956 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 183,370 | 38,214 | -52,710 | 27,539 | 94,260 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 183,370 | 38,214 | -52,710 | 27,539 | 94,260 |
| Net financials | -46,311 | -45,828 | -45,891 | -21,857 | -5,353 |
| Profit before tax | 137,059 | -7,613 | -98,600 | 5,682 | 261,603 |
| Tax | 32,660 | 2,529 | -15,710 | 1,235 | 57,869 |
| Net profit | 104,399 | -10,142 | -82,890 | 4,446 | 203,734 |
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Balance sheet
DKK thousands| Item | 2026 | 2025 | 2024 | 2023 | 2021 |
|---|---|---|---|---|---|
| Total assets | 1,488,905 | 1,338,315 | 1,347,246 | 1,468,741 | 1,486,725 |
| Equity | 28,433 | -77,664 | -56,997 | 35,272 | 488,096 |
| Long-term debt | 1,227,431 | 1,211,904 | 1,214,279 | 1,215,941 | 772,490 |
| Short-term debt | 49,343 | 51,460 | 36,989 | 43,082 | 46,956 |
| Total debt | 1,276,774 | 1,263,364 | 1,251,267 | 1,259,023 | 819,447 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
413.0 %
20212026
Equity ratio
1.9 %
Very weakAmong the 20% lowest rated companies in the industry
20212026
Return on equity
367.2 %
Very strongAmong the 10% highest rated companies in the industry
20212026
Net profit margin (of gross profit)
235.1 %
20212026
Asset turnover (of gross profit)
0.03×
20212026
Debt / equity
51.37×
Very weakAmong the 10% lowest rated companies in the industry
20212026
Sector performance
21 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 10% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioStrong
Among the 40% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityWeak
Among the 40% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery weak
Among the 20% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 30% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 10% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 10% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 20% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in debtWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- Annual report 2026Filed via CVR / Virk · Period 2025-04-01 – 2026-03-31
- Annual report 2025Filed via CVR / Virk · Period 2024-04-01 – 2025-03-31
- Annual report 2024Filed via CVR / Virk · Period 2023-04-01 – 2024-03-31
- Annual report 2023Filed via CVR / Virk · Period 2022-01-01 – 2023-03-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
CV Management | Management | 2025 |
HE Management | Management | 2022 |
Former (7)
LH Management | Management | 1985 – 2011 |
| Audit | 1985 – 2014 | |
JF Management | Management | 2020 – 2022 |
JD Management | Management | 2022 – 2025 |
RF Management | Management | 2017 – 2020 |
LG Management | Management | 2011 – 2017 |
PK Management | Management | 1985 – 1989 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (19)
LH Board of Directors | Board of Directors | 1985 – 2011 |
MH Board of Directors | Board of Directors | 1985 – 2017 |
TE Board of Directors | Board of Directors | 2021 – 2022 |
HS Board of Directors | Board of Directors | 2021 – 2022 |
RN Board of Directors | Board of Directors | 2018 – 2021 |
BW Board of Directors | Board of Directors | 2020 – 2020 |
PM Board of Directors | Board of Directors | 1985 – 2002 |
BH Board of Directors | Board of Directors | 2020 – 2022 |
HG Board of Directors | Board of Directors | 2017 – 2020 |
JH Board of Directors | Board of Directors | 2011 – 2017 |
JW Chairman | Chairman | 2017 – 2017 |
RF Board of Directors | Board of Directors | 2017 – 2020 |
LG Board of Directors | Board of Directors | 2002 – 2017 |
RH Chairman | Chairman | 2017 – 2022 |
UT Board of Directors | Board of Directors | 2017 – 2017 |
HW Board of Directors | Board of Directors | 2002 – 2005 |
PK Board of Directors | Board of Directors | 1985 – 1988 |
SS Board of Directors | Board of Directors | 2017 – 2018 |
MB Board of Directors | Board of Directors | 2020 – 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2017 | |
| Company | 100% | 100% | 2015 | |
| Company | 100% | 100% | 2017 |
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Company hierarchy
Vivada Denmark ApS
GREEN SQUARE ART ApS Board network connections
Board members of GREEN SQUARE ART ApS also hold positions in 664 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thomas Ebbe Riise-Jakobsen | Board of Directors | 228 companiesMany roles |
| Robin Feddern | Management | 76 companiesMany roles |
| Rune Højby Kock | Chairman | 60 companiesMany roles |
| Bjarke Windeløv Graae | Board of Directors | 57 companiesMany roles |
| Rasmus Nørgaard | Board of Directors | 43 companiesMany roles |
| Mikkel Bülow-Lehnsby | Board of Directors | 39 companiesMany roles |
| Steen Sønderby | Board of Directors | 31 companiesMany roles |
| Jens Jørgen Høgsberg Kristensen | Audit | 30 companiesMany roles |
| Casper Vernooij | Management | 25 companiesMany roles |
| Hendrik Ebe Reitsma | Management | 25 companiesMany roles |
| Jørgen-Erik Witting | Chairman | 19 companiesMany roles |
| Henrik Skak Bender | Board of Directors | 7 companiesMany roles |
| Henrik Greve Nielsen | Board of Directors | 7 companiesMany roles |
| Helge Wennike | Board of Directors | 5 companies |
| Mads Holst | Board of Directors | 4 companies |
| Lisbeth Gye Larsen | Management | 2 companies |
| Uwe Teichert | Board of Directors | 2 companies |
| Jakob Flymer | Management | 1 company |
| Preben Max Rabenhorst | Board of Directors | 1 company |
| Bo Holse Rasmussen | Board of Directors | 1 company |
| Jakob Holbak | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of GREEN SQUARE ART ApS?
GREEN SQUARE ART ApS is registered with CVR / Virk under CVR 76182515.
What is the gross profit of GREEN SQUARE ART ApS?
GREEN SQUARE ART ApS reported a gross profit of DKK 44.4m in 2026.
Where is GREEN SQUARE ART ApS headquartered?
GREEN SQUARE ART ApS's registered address is Vestre Ringgade 26, 4..