It runs from Ved Stranden in the southwest to Admiralgade in the northeast from where it continues as Laksegade.

The 20-year-old king Christian IV constructed a so-called ball house on the south side of the street in 1597.

Skipperboderne, a development of naval barracks, was built close to the ball house in circa 1614.

A new ball house was then built on Slotsholmen but the old one is still mentioned in the middle of the century and it is therefore unclear when it was demolished.

Ved Stranden 8, with nine bays towards Boldhusgade, was built for the goldsmith Christian Nielsen Lindbach in 1796–1797.