OK-Foundation

What OK-Foundation does

OK-Fonden is a Danish non-profit commercial foundation (erhvervsdrivende fond) established in 1969 by Arne Ginge, operating one of Denmark's largest private elderly and social welfare platforms. The foundation runs 15 nursing homes, 12 psychiatric residential facilities, one hospice (Hospice Søndergård), and 32+ senior housing communities nationwide, employing approximately 2,300 staff and serving more than 2,000 people annually within care, psychiatry, and disability services. Service lines include long-term dementia care, psychiatric recovery-oriented rehabilitation, end-of-life palliative care, and senior housing — including the differentiated "Boliger for Livet" (Housing for Life) concept that places independent senior apartments adjacent to nursing home facilities for seamless care escalation.

The foundation operates on ordinary market terms with profits reinvested into welfare solutions, generating revenue primarily through publicly funded contracts with Danish municipalities under the country's free nursing home choice law, supplemented by direct rental income on approximately 1,300 self-built and administered senior housing units. Residents pay the same as municipal facilities despite OK-Fonden's private status. Distribution is anchored in relationships with municipal case workers who assess and refer individuals, alongside a direct housing department for senior rentals. Care delivery is built on specialized methodologies including Cognitive Stimulation Therapy (CST) for dementia and Marte Meo for psychiatric rehabilitation, with welfare technology (velfærdsteknologi) deployed selectively under an explicit human-dignity-first framework.

The foundation is led by CEO Ulrik Ahrendt-Jensen with Chairman Paul Erik Weidemann and Princess Benedikte as patron. Strategic partnerships include PFA Pension for the Slagelse Kvægtorv 27,300 sqm mixed-use development and a 2019 Sundhedsstyrelsen-backed dementia competency program. In October 2025, the foundation transferred Danske Care A/S home care activities to LOBPA, sharpening focus on residential care and senior housing.

Name

OK-Foundation

Legal name

OK-Fonden

Website

https://ok-fonden.dk

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

OK-Fonden is a Danish non-profit commercial foundation operating 15 nursing homes, 12 psychiatric residential facilities, one hospice, and 32+ senior housing communities across Denmark. Founded in 1969, it employs approximately 2,300 staff and serves more than 2,000 elderly and psychiatric care recipients annually through publicly funded municipal contracts.

Ownership category

akta.pro rank

Product category

Elderly and Psychiatric Residential Care Services

NAICS

Nursing and Residential Care Facilities (623), Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities (623311)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Social Services (8300)

akta.pro primary industry

Assisted Living with Memory Care (Mixed Campus) (HLADABAB)

Keywords

• Elderly care services
• Nursing home care
• Psychiatric residential care
• Hospice care
• Senior housing administration

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices21 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Government-funded care services: OK-Fonden operates as a Danish commercial foundation (erhvervsdrivende fond) working on ordinary market terms. Services are funded through municipal contracts and public reimbursement for nursing homes, psychiatric facilities, and hospice care. Residents pay the same as municipal facilities with no extra cost.
2. Senior housing administration: OK-Fonden administers 1,300 homes they have built themselves, including approximately 500 homes across 32 senior housing communities. Additional services like assistance with daily tasks can be purchased separately.
3. Danske Care home assistance: OK-Fonden arranges Danske Care assistance for people in their own homes across Denmark. As of October 1, 2025, LOBPA took over Danske Care A/S activities.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

OK-Fonden operates as a Danish non-profit commercial foundation (erhvervsdrivende fond) providing residential care services in Denmark. The foundation runs 15 nursing homes (plejehjem), 12 psychiatric residential facilities (psykiatri), 1 hospice (Hospice Søndergård), and administers over 32 senior housing communities plus the Boliger for Livet (Housing for Life) concept for people aged 50+. The foundation builds and manages its own properties, employing approximately 2,300 staff who serve more than 2,000 people annually across care, psychiatry, and disability.

Product overview

OK-Fonden is a non-profit care organization offering a comprehensive portfolio of residential care services across Denmark. The organization operates 15 nursing homes (plejehjem), 12 psychiatric housing facilities (psykiatri), one hospice (Hospice Søndergård), and manages over 32 senior housing communities. Key products include nursing home care, psychiatric residential care, hospice services, and senior housing. Boliger for Livet provides innovative housing for people aged 50+ near nursing homes with service options. The portfolio also includes specialized dementia care facilities and home care services through Danske Care.

Differentiator

Problem solved

Functional benefit

Products and services

• Plejehjem (Nursing Homes)
• Psykiatri (Psychiatric Residential Care)
• Hospice Søndergård
• Seniorboliger (Senior Housing)
• Boliger for Livet (Housing for Life)
• Danske Care (Home Care Assistance)

Quantifiable outcome

• Serves more than 2,000 people annually
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered major and core.

• LOBPAmajorStrategic or Co-development Partner · 1 October 2025LOBPA took over activities of Danske Care A/S as of October 1, 2025. This brings together strong competencies, engaged employees, and many years of experience under one name - for the benefit of citizens with disabilities and their quality of life.
• PFA PensionmajorStrategic or Co-development PartnerPFA Pension and OK-Fonden partnered to develop Slagelse Kvægtorv - a comprehensive building project of 27,300 square meters near the train station in Slagelse. The project includes a free nursing home with 75 care apartments, a senior housing community with 30 apartments and common house, plus 32 senior apartments.
• Slagelse KommunemajorStrategic or Co-development PartnerSlagelse Municipality partnered with OK-Fonden and PFA on the Slagelse Kvægtorv development project. The municipality was involved in the establishment of Danas Have free nursing home facility.
• Sundhedsstyrelsen (SST)coreStrategic or Co-development PartnerOK-Fonden received support from Sundhedsstyrelsen (Danish Health Authority) in 2019 for a competency development program focused on strengthening dementia professional knowledge and establishing a cross-disciplinary dementia network.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Attendo AB: Largest private Nordic care operator running nursing homes, home care and social services across Sweden, Finland and Denmark. Directly comparable to OK-Fonden's nursing-home, home-care and senior-housing portfolio.
• Humana AB: Swedish personal-assistance, elderly care and social-services operator with Nordic-wide footprint. Closely comparable to OK-Fonden's mix of nursing, psychiatric and senior housing services.
• Ambea AB: Major Nordic care provider (formerly listed on Nasdaq Stockholm) operating elderly care homes and social services in Sweden and Norway. Similar contract-based, publicly funded operating model to OK-Fonden's.
• Curato AS: Norwegian private nursing-home and care-home operator. Direct peer to OK-Fonden's nursing-home and assisted-living operations, also competing for publicly funded placements.
• Diakonhjemmet Omsorg: Norwegian non-profit foundation operating nursing homes, home care and hospice services in Oslo. Highly comparable to OK-Fonden in mission (diaconal foundation), service mix and contract-based public funding model.

Broad incumbents

• Terveystalo Oyj: Largest private Finnish healthcare and well-being services provider. Broader healthcare incumbent with overlap into occupational and primary care, not specializing in OK-Fonden's residential elder-care niche.
• Aleris: Nordic private healthcare and care services group operating across Sweden, Norway and Denmark. Comparable as a regional private healthcare/care incumbent but broader than OK-Fonden's elder-care focus.
• Capio (Ramsay Santé): Pan-European hospital and primary-care operator owned by Ramsay Santé. Broad incumbent in the same healthcare-services category as OK-Fonden but with a much wider and more hospital-centric portfolio.
• GHP Specialty Care AB: Nordic specialist healthcare provider with a network of clinics. Overlaps with OK-Fonden as a Nordic private healthcare operator but focused on specialty clinics rather than residential elder care.

Others

• Dedicare AB: Nordic healthcare staffing and recruitment specialist. Not a direct competitor in care delivery but an adjacent ecosystem participant relevant to OK-Fonden's staffing model for its 2,300 employees.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/okfonden
• Xx.com/okfonden
• LinkedInlinkedin.com/company/ok-fonden

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OK-Foundation