MELREF Denmark ApS
Key figures
- Return on assets
- –
- Return on equity
- -14%
- Current ratio
- 6,500.2%
- Equity ratio
- 56.4%
Profit and loss
| Reporting period | |
|---|---|
Gross profit | -704,956 |
Finance income | 2,167,995 |
Finance expenses | 5,010,161 |
Tax expense | -1,369,047 |
Profit/loss for the year | -19,975,585 |
Employees
| Reporting period | |
|---|---|
Avg. employees | 0 |
Balance sheet
| Reporting period | |
|---|---|
Cash and cash equivalents | 38,571,539 |
Current assets | 41,049,482 |
Non-current assets | 212,400,143 |
Total assets | 253,449,625 |
Equity | 142,826,116 |
Liabilities | 110,623,509 |
Current liabilities | 631,509 |
Working capital
| Reporting period | |
|---|---|
Trade payables | 218,875 |
Capital and dividend
| Reporting period | |
|---|---|
Contributed capital | 50,000 |
Retained earnings | -74,164,284 |
Investments and assets
| Reporting period | |
|---|---|
Long-term investments and receivables | 212,400,143 |
Annual report highlights
Business and development
The company's purpose is to invest in, own, manage and develop real estate, as well as related businesses, directly or indirectly through holdings in other companies.
The income statement for 2025/26 shows a loss of DKK 19,975,585 against a profit of DKK 10,820,610 last year, and the balance sheet at 31 March 2026 shows equity of DKK 142,826,116. Management considers the Company's financial performance in the year satisfactory.
Risks and material matters
As of 27 April 2026, board member Jørn Jensen Holm was replaced by Johanne Olimb Kirkerud. Furthermore, as of the same date, executive manager Daniel Smicka was replaced by Frank Fabian Lauterbach.
Apart from the above, no events have occurred after the balance sheet date that are of material importance to the company's financial position.
Commitments and security
As management company, the Company is jointly taxed with other Danish group entities and is jointly and severally with other jointly taxed group entities for payment of income taxes as well as withholding taxes on interest, royalties and dividends.
Investments and subsidiaries at a carrying amount of DKK 177,403,343 at 31 March 2025 have been put up as security for subsidiaries’ debt to mortgage credit institutions.
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