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

The royal vegetable garden was moved to Kongens Have when the area was built over with terraced housing for naval officers and personnel of Bremerholm in circa 1620.

[1] The streets in the area had a grid-like layout and were named after fish species and other sea creatures: Laksegade, Ulkegade, Størestræde, Delfingade and Hummergade.

The name Laksegade only referred to the southwestern section of the street from Admiralgade to Bremerholm (Ulkegade).

The first part of the street passes the Erichsen Mansion whose principal facade faces Kongens Nytorv.