CitNOW Nordic A/S

Public limited companyCVR 39640570KoldingActive

CitNOW Nordic A/S is a public limited company, based in Kolding, active in wholesale of information and communication equipment, founded in 2018. Equity was negative at the end of 2025 (−DKK 4.2m). Net profit rose 147% from 2024 to 2025, ending at DKK 1.2m. Profit has grown three years in a row.

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Key figures · financial year 2025

Gross profitDKK 6.9m+47.4% vs. 2024
Net profitDKK 1.2m+147.1% vs. 2024
Equity−DKK 4.2m+22.9% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 47% (2024 → 2025), to DKK 6.9m.
  • Net profit rose 147% (2024 → 2025), to DKK 1.2m.

Management and owners, last 24 months

  • New in management: Boris Antoine Rene Huard (board member, 21/11/2024) and Brian Robert Aird (board member, 21/11/2024).
  • Stepped down: Alistair Horsburgh (board member, 21/11/2024) and Geoffrey Page-Morris (chair of the board, 21/11/2024).

Registrations, last 24 months

  • 01/10/2026: Moved to Olgas Alle 4, 6000 Kolding
  • 14/09/2026: Moved to Nymøllevej 50, 2800 Kongens Lyngby
  • 11/09/2026: Moved to Olgas Alle 4, 6000 Kolding
  • 01/01/2025: Industry changed to Wholesale of information and communication equipment (465000)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 7m−DKK 6m−DKK 5m−DKK 4m−DKK 3m−DKK 2m−DKK 1mDKK 0DKK 1m202020212022202320242025
EquityNet profit
Financial figures for CitNOW Nordic A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2133,2245,7424,6564,7046,932+47.4%
Operating profit (EBIT)−1,611964−3,498423641995+55.3%
Profit before tax−1,647896−3,452414499925+85.4%
Net profit−1,284699−4,1904144991,233+147.1%
Total assets2,5132,0452,6632,9853,2733,000−8.3%
Equity−2,810−2,111−6,301−5,888−5,389−4,157+22.9%
Liabilities5,3234,1568,9648,8738,6627,157−17.4%
Cash and cash equivalents8766321,6761,4501,709451−73.6%
Average number of employees222546+50%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (543 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Negative equity

    Equity was −DKK 4.2m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for CitNOW Nordic A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202327/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202130/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202014/07/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
011223308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

543 companies in the database

Comparison with the other companies in wholesale of information and communication equipment based on the latest financial year.

Gross profitDKK 6.9mNo. 233 of 542
Better than 57% of the companies in the industry
Equity−DKK 4.2mNo. 524 of 543
Better than 4% of the companies in the industry
Number of employees3No. 246 of 543
Better than 55% of the companies in the industry

Industry median: gross profit DKK 5.3m, net profit DKK 594k, equity DKK 3.9m, 5 employees.

DKK 100kDKK 1mDKK 10.9mDKK 114.3mDKK 546.2mHere
Distribution of gross profit for 522 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 8,717of 69,742
Better than 88%
No. 69,026of 69,964
Better than 1%
Same industry and fewer than 20 employees429 companies in the comparison
No. 126of 429
Better than 71%
No. 414of 429
Better than 4%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 6,380of 33,588
Better than 81%
No. 32,979of 33,687
Better than 2%
All companies of type A/S18,025 companies in the comparison
No. 10,603of 17,786
Better than 40%
No. 17,649of 18,024
Better than 2%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Wholesale of information and communication equipment
Gross profit
  1. CitNOW Nordic A/SDKK 6.9m
  2. Atea A/SDKK 1.2bn
  3. Siemens AktieselskabDKK 448.5m
Net profit
  1. CitNOW Nordic A/SDKK 1.2m
  2. Atea A/SDKK 2.2m
  3. Siemens AktieselskabDKK 93.5m
Equity
  1. CitNOW Nordic A/S−DKK 4.2m
  2. Atea A/SDKK 694.3m
  3. Siemens AktieselskabDKK 279.7m
Employees
  1. CitNOW Nordic A/S3
  2. Atea A/S1,550
  3. Siemens Aktieselskab640

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Zype TV Limited100%
CitNOW Nordic A/S

Management

5 active registrations

Executive management

Executive management at CitNOW Nordic A/S
NameRoleAppointed
Alistair HorsburghDirector07/06/2018
Kristian KrapperDirector30/09/2020

Board of directors

Board of directors at CitNOW Nordic A/S
NameRoleAppointed
Christopher BulpittBoard member17/03/2023
Boris Antoine Rene HuardBoard member21/11/2024
Brian Robert AirdBoard member21/11/2024
Founders
Zype TV Limited
Former management (4)
Former management at CitNOW Nordic A/S
NameRoleAppointedResigned
Alistair HorsburghBoard member07/06/201821/11/2024
Geoffrey Page-MorrisChair of the board07/06/201821/11/2024
Claudia MunnBoard member07/06/201815/10/2019
Ian David BrewerBoard member15/10/201917/03/2023

Signing rule: Selskabet tegnes af et medlem af bestyrelsen.

Address and production units

1 active production units

Olgas Alle 4
6000 Kolding

Kolding Municipality · Postcode 6000

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
CitNOW Nordic A/SOlgas Alle 4, 6000 Kolding31023699288

Purpose

Selskabets formål er at levere videoer og digitale ydelser.

The purpose is quoted from the register in Danish.

Changes year by year

28 registered events
20264 changesaddress 3 · accounts 1
  • Moved to Olgas Alle 4, 6000 Kolding
  • Moved to Nymøllevej 50, 2800 Kongens Lyngby
  • Moved to Olgas Alle 4, 6000 Kolding
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of information and communication equipment (465000)
20245 changesmanagement 4 · accounts 1
  • Boris Antoine Rene Huard appointed board member
  • Brian Robert Aird appointed board member
  • Geoffrey Page-Morris stepped down as chair of the board
  • Alistair Horsburgh stepped down as board member
  • Annual report for 2023 published
20234 changesaccounts 1 · management 2 · industry 1
  • Annual report for 2022 published
  • Christopher Bulpitt appointed board member
  • Ian David Brewer stepped down as board member
  • Industry changed to Engroshandel med computere, ydre enheder og software (465100)
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changemanagement 1
  • Kristian Krapper appointed director
20192 changesmanagement 2
  • Ian David Brewer appointed board member
  • Claudia Munn stepped down as board member
20188 changesaddress 1 · name 1 · founded 1 · management 4 · ownership 1
  • Moved to Nymøllevej 50, 2800 Kongens Lyngby
  • Name changed from C It Now Nordic A/S to CitNOW Nordic A/S
  • Registered as C It Now Nordic A/S
  • Alistair Horsburgh appointed director
  • Geoffrey Page-Morris appointed chair of the board
  • Claudia Munn appointed board member
  • Alistair Horsburgh appointed board member
  • Zype TV Limited registered as owner (100%)

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Same people in management

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction