It runs from the pedestrian street Strøget (Vimmelskaftet) in the northwest to Kompagnistræde in the southeast from where it continues as Naboløs for another block to Gammel Strand.

The name is derived from the German word Häuschen, meaning "Small Houses", a reference to the public toilets that were located on piles in the water at the far end of the street.

In c. 1600, the street became known as Lasse Winders Stræde after city councilor Lars "Vinner" Nielsen.

10 is a plaque that commemorates that the composer Hans Christian Lumbye was born at the site on 2 May 1810.

[1] The street and the background for its name is mentioned in the beginning of Hans Christian Andersen's 1858 short story Pebersvendens Natur.