Copenhagen Economics A/S
Public limited companyCVR 25262441København VActive
Copenhagen Economics A/S is a public limited company, based in København V, active in business and other management consultancy activities, founded in 2000. Net profit fell 41% from 2024 to 2025, ending at DKK 1.1m. With 47 employees, the company is about 24 times larger than the industry median. Gross profit is higher than that of 88% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 14% (2024 → 2025), to DKK 10.9m.
- Net profit fell 41% (2024 → 2025), to DKK 1.1m.
- Equity fell 10% (2024 → 2025), to DKK 3.5m.
Employees
- 2 fewer employees than a year earlier: 47 (08/2026) against 49 (08/2025).
Management and owners, last 24 months
- New in management: Rasmus Lundsgaard Nielsen (board member, 24/04/2026).
- Stepped down: Julia Sabine Wahl (board member, 24/04/2026).
- New owners registered: Erik Lindén (25/04/2025), S. Rølmer Invest ApS (13/10/2025) and Okholm Invest ApS (24/04/2026) (+2).
- No longer registered as owner: Tuomas Haanperä (23/04/2026), Signe Rølmer Vejgaard (13/10/2025) and Okholm Invest ApS (23/04/2026).
Registrations, last 24 months
- 11/06/2026: Moved to Vester Farimagsgade 41, 2, 1606 København V
- 01/01/2025: Industry changed to Business and other management consultancy activities (702000)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 85,616 | 95,664 | 14,393 | 11,104 | 12,718 | 10,917 | −14.2% |
| Operating profit (EBIT) | 14,438 | 20,178 | 3,236 | 1,041 | 2,606 | 1,601 | −38.6% |
| Profit before tax | 12,255 | 19,646 | 3,223 | 710 | 2,495 | 1,356 | −45.7% |
| Net profit | 11,379 | 15,644 | 2,523 | 579 | 1,851 | 1,099 | −40.6% |
| Total assets | 63,942 | 68,378 | 9,310 | 7,841 | 9,233 | 6,672 | −27.7% |
| Equity | 22,621 | 26,790 | 4,388 | 3,099 | 3,919 | 3,524 | −10.1% |
| Liabilities | 41,320 | 41,588 | 4,916 | 4,742 | 5,314 | 3,148 | −40.8% |
| Cash and cash equivalents | 17,710 | 21,413 | 2,730 | 209 | 721 | 482 | −33.1% |
| Average number of employees | 78 | 81 | 83 | 84 | 83 | 74 | −10.8% |
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
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five latest annual reports in a row.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 24/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 24/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 21/03/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 23/03/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 08/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 09/04/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
2,370 companies in the databaseComparison with the other companies in business and other management consultancy activities based on the latest financial year.
Industry median: gross profit DKK 1.3m, net profit DKK 170k, equity DKK 974k, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 5,455of 9,892 Better than 45% | No. 5,468of 9,922 Better than 45% |
| Same industry and 20–49 employees107 companies in the comparison | No. 78of 107 Better than 27% | No. 66of 107 Better than 39% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 5,577of 24,791 Better than 78% | No. 11,497of 24,909 Better than 54% |
| All companies of type A/S18,025 companies in the comparison | No. 8,584of 17,786 Better than 52% | No. 12,799of 18,024 Better than 29% |
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
Business and other management consultancy activities- Copenhagen Economics A/SDKK 10.9m
- COWI Holding A/SDKK 7bn
- Accenture A/SDKK 1.1bn
- Copenhagen Economics A/SDKK 1.1m
- COWI Holding A/SDKK 374m
- Accenture A/SDKK 116.1m
- Copenhagen Economics A/SDKK 3.5m
- COWI Holding A/SDKK 2bn
- Accenture A/SDKK 642m
- Copenhagen Economics A/S47
- COWI Holding A/S12
- Accenture A/S977
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Julia Sabine Slizewicz-Wahl5%
- Claas Hendrik Fügemann20%
- A. Lunde Invest ApS20%
- Erik Lindén5%
- S. Rølmer Invest ApS5%
- Okholm Invest ApS20%
- Cerpickis Invest ApS5%
- Tuomas Haanperä10%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Henrik Ballebye Okholm | CEO | 01/05/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Henrik Ballebye Okholm | Board member | 01/05/2021 |
| Claas Hendrik Fügemann | Chair of the board | 28/05/2024 |
| Tuomas Kullervo Haanperä | Board member | 28/05/2024 |
| Rasmus Lundsgaard Nielsen | Board member | 24/04/2026 |
- Founders
- Kastberg Holding ApS, Gerbera Holding ApS
Former management (27)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jesper Kirkebække Jensen | Director | 17/03/2000 | 31/12/2004 |
| Bjarne Nielsen | Chair of the board | 20/10/2007 | 01/09/2014 |
| Niels Vahman Bang | Board member | 20/10/2007 | 28/12/2007 |
| Martin Hvidt Thelle | Board member | 20/10/2007 | 23/08/2012 |
| Henrik Ballebye Okholm | Board member | 16/05/2008 | 28/04/2010 |
| Christian Jervelund | Director | 01/01/2010 | 28/05/2018 |
| Henrik Ballebye Okholm | Director | 01/01/2010 | 28/05/2018 |
| Helge Sigurd Næss-Schmidt | Director | 01/01/2011 | 28/05/2018 |
| Martin Hvidt Thelle | CEO | 01/08/2012 | 19/02/2019 |
| Christian Jervelund | Board member | 05/11/2012 | 11/05/2015 |
| Kerstin Birgitta Johansson-Hedberg | Board member | 05/11/2012 | 28/05/2018 |
| Claus Kastberg Nielsen | Board member | 03/01/2013 | 17/03/2022 |
| Claus Kastberg Nielsen | Director | 03/01/2013 | 30/09/2014 |
| Frank Dieter Knau | Chair of the board | 01/09/2014 | 28/05/2018 |
| Helge Sigurd Næss-Schmidt | Board member | 11/05/2015 | 17/03/2022 |
| Christian Jervelund | Board member | 28/05/2018 | 22/03/2023 |
| Martin Hvidt Thelle | Board member | 28/05/2018 | 25/03/2019 |
| Henrik Ballebye Okholm | Chair of the board | 28/05/2018 | 30/04/2021 |
| Claas Hendrik Fügemann | Board member | 28/05/2018 | 30/04/2021 |
| Christian Jervelund | CEO | 19/02/2019 | 01/05/2021 |
| Asger Lunde | Board member | 20/04/2020 | 17/03/2022 |
| Claas Hendrik Fügemann | Chair of the board | 01/05/2021 | 23/03/2023 |
| Tuomas Haanperä | Board member | 17/03/2022 | 25/03/2024 |
| Asger Lunde | Board member | 23/03/2023 | 25/03/2024 |
| Christian Jervelund | Chair of the board | 23/03/2023 | 28/05/2024 |
| Claas Hendrik Fügemann | Board member | 25/03/2024 | 27/05/2024 |
| Julia Sabine Wahl | Board member | 25/03/2024 | 24/04/2026 |
Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsens formand, bestyrelsens formand i forening med to bestyrelsesmedlemmer eller af den samlede bestyrelse.
Address and production units
1 active production unitsVester Farimagsgade 41
1606 København V
| Production unit | Address | Employees | P number |
|---|---|---|---|
| COPENHAGEN ECONOMICS A/S | Vester Farimagsgade 41, 2, 1606 København V | 47 | 1007482090 |
Purpose
Selskabets formål er at yde konsulentbistand indenfor erhvervsøkonomiske analyser og hermed forbunden virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
139 registered events20269 changesaddress 1 · management 2 · ownership 5 · accounts 1
- AddressMoved to Vester Farimagsgade 41, 2, 1606 København V
- ManagementRasmus Lundsgaard Nielsen appointed board member
- ManagementJulia Sabine Wahl stepped down as board member
- OwnershipTuomas Haanperä registered as owner (10%)
- OwnershipCerpickis Invest ApS registered as owner (5%)
- OwnershipOkholm Invest ApS registered as owner (20%)
- AccountsAnnual report for 2025 published
- OwnershipOkholm Invest ApS is no longer registered as owner
- OwnershipTuomas Haanperä is no longer registered as owner
20255 changesownership 3 · accounts 1 · industry 1
- OwnershipS. Rølmer Invest ApS registered as owner (5%)
- OwnershipSigne Rølmer Vejgaard is no longer registered as owner
- OwnershipErik Lindén registered as owner (5%)
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Business and other management consultancy activities (702000)
202417 changesownership 8 · management 8 · accounts 1
- OwnershipOkholm Invest ApS registered as owner (25%)
- OwnershipC JERVELUND HOLDING ApS is no longer registered as owner
- OwnershipOkholm Invest ApS is no longer registered as owner
- ManagementClaas Hendrik Fügemann appointed chair of the board
- ManagementTuomas Kullervo Haanperä appointed board member
- ManagementChristian Jervelund stepped down as chair of the board
- ManagementClaas Hendrik Fügemann stepped down as board member
- ManagementClaas Hendrik Fügemann appointed board member
- ManagementJulia Sabine Wahl appointed board member
- ManagementAsger Lunde stepped down as board member
- ManagementTuomas Haanperä stepped down as board member
- OwnershipC JERVELUND HOLDING ApS registered as owner (20%)
- OwnershipC JERVELUND HOLDING ApS is no longer registered as owner
- OwnershipA. Lunde Invest ApS registered as owner (20%)
- OwnershipSigne Rølmer Vejgaard registered as owner (5%)
- OwnershipA. Lunde Invest ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
202317 changesownership 12 · management 4 · accounts 1
- OwnershipA. Lunde Invest ApS registered as owner (15%)
- OwnershipClaas Hendrik Fügemann registered as owner (20%)
- OwnershipOkholm Invest ApS registered as owner (20%)
- OwnershipHSNS HOLDING ApS is no longer registered as owner
- OwnershipA. Lunde Invest ApS is no longer registered as owner
- OwnershipOkholm Invest ApS is no longer registered as owner
- OwnershipClaas Hendrik Fügemann is no longer registered as owner
- OwnershipKASTBERG HOLDING ApS is no longer registered as owner
- OwnershipA. Lunde Invest ApS registered as owner (10%)
- OwnershipAsger Lunde is no longer registered as owner
- ManagementAsger Lunde appointed board member
- ManagementChristian Jervelund appointed chair of the board
- ManagementClaas Hendrik Fügemann stepped down as chair of the board
- AccountsAnnual report for 2022 published
- ManagementChristian Jervelund stepped down as board member
- OwnershipOkholm Invest ApS registered as owner (15%)
- OwnershipH. B. OLESEN ApS is no longer registered as owner
20228 changesaddress 1 · ownership 2 · accounts 1 · management 4
- AddressMoved to Langebrogade 3C, 1411 København K
- OwnershipTuomas Haanperä registered as owner (5%)
- OwnershipJulia Sabine Slizewicz-Wahl registered as owner (5%)
- AccountsAnnual report for 2021 published
- ManagementTuomas Haanperä appointed board member
- ManagementAsger Lunde stepped down as board member
- ManagementHelge Sigurd Næss-Schmidt stepped down as board member
- ManagementClaus Kastberg Nielsen stepped down as board member
202117 changesownership 10 · management 6 · accounts 1
- OwnershipClaas Hendrik Fügemann registered as owner (15%)
- OwnershipClaas Hendrik Fügemann is no longer registered as owner
- OwnershipHSNS HOLDING ApS registered as owner (15%)
- OwnershipC JERVELUND HOLDING ApS registered as owner (15%)
- OwnershipH. B. OLESEN ApS registered as owner (15%)
- OwnershipKASTBERG HOLDING ApS registered as owner (15%)
- OwnershipH. B. OLESEN ApS is no longer registered as owner
- OwnershipHSNS HOLDING ApS is no longer registered as owner
- OwnershipC JERVELUND HOLDING ApS is no longer registered as owner
- OwnershipKASTBERG HOLDING ApS is no longer registered as owner
- ManagementHenrik Ballebye Okholm appointed board member
- ManagementHenrik Ballebye Okholm appointed ceo
- ManagementClaas Hendrik Fügemann appointed chair of the board
- ManagementChristian Jervelund stepped down as ceo
- ManagementHenrik Ballebye Okholm stepped down as chair of the board
- ManagementClaas Hendrik Fügemann stepped down as board member
- AccountsAnnual report for 2020 published
20204 changesaddress 1 · management 1 · ownership 2
- AddressMoved to Langebrogade 1B, 1411 København K
- ManagementAsger Lunde appointed board member
- OwnershipClaas Hendrik Fügemann registered as owner (10%)
- OwnershipAsger Lunde registered as owner (5%)
20194 changesownership 1 · management 3
- OwnershipMUSENBERG ApS is no longer registered as owner
- ManagementMartin Hvidt Thelle stepped down as board member
- ManagementChristian Jervelund appointed ceo
- ManagementMartin Hvidt Thelle stepped down as ceo
20189 changesmanagement 9
- ManagementMartin Hvidt Thelle appointed board member
- ManagementChristian Jervelund appointed board member
- ManagementHenrik Ballebye Okholm appointed chair of the board
- ManagementClaas Hendrik Fügemann appointed board member
- ManagementFrank Dieter Knau stepped down as chair of the board
- ManagementKerstin Birgitta Johansson-Hedberg stepped down as board member
- ManagementHelge Sigurd Næss-Schmidt stepped down as director
- ManagementChristian Jervelund stepped down as director
- ManagementHenrik Ballebye Okholm stepped down as director
20178 changesownership 8
- OwnershipH. B. OLESEN ApS registered as owner (20%)
- OwnershipHSNS HOLDING ApS registered as owner (20%)
- OwnershipC JERVELUND HOLDING ApS registered as owner (20%)
- OwnershipKASTBERG HOLDING ApS registered as owner (20%)
- OwnershipHSNS HOLDING ApS is no longer registered as owner
- OwnershipKASTBERG HOLDING ApS is no longer registered as owner
- OwnershipC JERVELUND HOLDING ApS is no longer registered as owner
- OwnershipH. B. OLESEN ApS is no longer registered as owner
20153 changesaddress 1 · management 2
- AddressMoved to Langebrogade 1B, 1411 København K
- ManagementHelge Sigurd Næss-Schmidt appointed board member
- ManagementChristian Jervelund stepped down as board member
20143 changesmanagement 3
- ManagementClaus Kastberg Nielsen stepped down as director
- ManagementFrank Dieter Knau appointed chair of the board
- ManagementBjarne Nielsen stepped down as chair of the board
20132 changesmanagement 2
- ManagementClaus Kastberg Nielsen appointed director
- ManagementClaus Kastberg Nielsen appointed board member
20124 changesmanagement 4
- ManagementChristian Jervelund appointed board member
- ManagementKerstin Birgitta Johansson-Hedberg appointed board member
- ManagementMartin Hvidt Thelle stepped down as board member
- ManagementMartin Hvidt Thelle appointed ceo
20114 changesmanagement 1 · ownership 3
- ManagementHelge Sigurd Næss-Schmidt appointed director
- OwnershipMUSENBERG ApS registered as owner (20%)
- OwnershipHSNS HOLDING ApS registered as owner (15%)
- OwnershipKASTBERG HOLDING ApS registered as owner (25%)
20103 changesmanagement 3
- ManagementHenrik Ballebye Okholm stepped down as board member
- ManagementChristian Jervelund appointed director
- ManagementHenrik Ballebye Okholm appointed director
20085 changescapital 1 · ownership 2 · management 1 · industry 1
- CapitalShare capital changed from 500,000 DKK to 750,000 DKK
- OwnershipC JERVELUND HOLDING ApS registered as owner (15%)
- OwnershipH. B. OLESEN ApS registered as owner (15%)
- ManagementHenrik Ballebye Okholm appointed board member
- IndustryIndustry changed to Virksomhedsrådgivning og anden rådgivning om driftsledelse (702200)
20077 changesmanagement 4 · name 1 · capital 1 · address 1
- ManagementNiels Vahman Bang stepped down as board member
- NameName changed from COPENHAGEN ECONOMICS ApS to COPENHAGEN ECONOMICS A/S
- CapitalShare capital changed from 160,000 DKK to 500,000 DKK
- ManagementNiels Vahman Bang appointed board member
- ManagementBjarne Nielsen appointed chair of the board
- ManagementMartin Hvidt Thelle appointed board member
- AddressMoved to Sankt Annæ Plads 13, 2, 1250 København K
20063 changesindustry 2 · capital 1
- IndustryIndustry changed to Anden virksomhedsrådgivning (741490)
- CapitalShare capital changed from 125,000 DKK to 160,000 DKK
- IndustryIndustry changed to Market research and public opinion polling (732000)
20042 changesmanagement 1 · address 1
- ManagementJesper Kirkebække Jensen stepped down as director
- AddressMoved to Nyropsgade 13, 1, 1602 København V
20021 changeaddress 1
- AddressMoved to Vandflyverhangaren,Refshalevej 100, 1432 København K
20004 changesaddress 1 · industry 1 · founded 1 · management 1
- AddressMoved to Njalsgade 21G, 6, 2300 København S
- IndustryIndustry changed to Anden virksomhedsrådgivning (741490)
- FoundedRegistered as COPENHAGEN ECONOMICS ApS
- ManagementJesper Kirkebække Jensen appointed director
Related companies
Same industry in København
- Accenture A/S977 employees
- Gts Nordic ApS582 employees
- Copenhagen Infrastructure Partners P/S353 employees
- Rambøll Management Consulting A/S352 employees
- Remote Technology ApS326 employees
- BioCirc Group ApS235 employees
Same people in management
- Gorrissen Federspiel Advokatpartnerselskabvia Niels Vahman Bang
- Bhj A/Svia Bjarne Nielsen
- Arca ApSvia Henrik Ballebye Okholm
- Pa Consulting Group A/Svia Bjarne Nielsen
- MJ Service A/Svia Niels Vahman Bang
- Stibo DX A/Svia Bjarne Nielsen
Largest in the industry
- COWI Holding A/SDKK 7bn
- Accenture A/SDKK 1.1bn
- Gts Nordic ApSDKK 968.5m
- CODAN Companies ApSDKK 877.7m
- Ferrosan Medical Devices Group A/SDKK 799.1m
- Stibo Complete Group A/SDKK 613.9m
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.