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Echo BidCo A/S

Public limited companyCVR 42851000HellerupActive

Echo BidCo A/S is a public limited company, based in Hellerup, active in non-financial holding companies, founded in 2021. The company made a loss in both 2024 and 2025, most recently DKK 1.7bn. Equity fell to DKK 3.4bn in 2025. 6 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Net profit−DKK 1.7bn−18,186.6% vs. 2024
EquityDKK 3.4bn−33.8% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss grew: from DKK 9.4m to DKK 1.7bn (2024 → 2025).
  • Equity fell 34% (2024 → 2025), to DKK 3.4bn.

Employees

  • 1 fewer employees than a year earlier: 2 (07/2026) against 3 (07/2025).

Management and owners, last 24 months

  • New in management: Gergely Svéd (ceo, 01/06/2025), Oluf Riddersholm (director, 01/01/2026) and Andreas Morthorst (ceo, 27/03/2025) (+1).
  • Stepped down: Andreas Morthorst (director, 26/03/2025), Olof Ludvig Enlund (ceo, 27/03/2025) and Andreas Morthorst (ceo, 31/05/2025) (+1).

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 2022–2025 · amounts in DKK thousand

Equity and net profit

−DKK 2bn−DKK 1bnDKK 0DKK 1bnDKK 2bnDKK 3bnDKK 4bnDKK 5bn2022202320242025
EquityNet profit
Financial figures for Echo BidCo A/S
2022202320242025Change
Revenuenot statednot statednot statednot stated–
Gross profit−31−73–––
Operating profit (EBIT)––−1,378844+161.2%
Profit before tax−33−26,459−13,564−1,734,912−12,690.6%
Net profit−26−22,345−9,392−1,717,474−18,186.6%
Total assets4056,730,4196,790,1695,071,015−25.3%
Equity3745,119,3605,109,9683,382,494−33.8%
Liabilities311,611,0591,680,2011,688,521+0.5%
Cash and cash equivalents3981,9753,3652,026−39.8%
Average number of employees00220%

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 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 80,000−DKK 70,000−DKK 60,000−DKK 50,000−DKK 40,000−DKK 30,000−DKK 20,000−DKK 10,000DKK 02022202320242025
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 34% from 2024 to 2025 (DKK 5.1bn to DKK 3.4bn).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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

4 financial years
Annual reports for Echo BidCo A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202311/06/2024The companyPDFXBRL
202222/11/2021 – 31/12/202230/06/2023The 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
011223301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

EquityDKK 3.4bnNo. 23 of 2,138
Better than 99% of the companies in the industry
Number of employees2No. 435 of 2,138
Better than 80% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bn
Distribution of gross profit for 820 companies in the industry (latest financial year, logarithmic scale).

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 comparisonnot stated
No. 58of 69,964
Better than 100%
Same industry and fewer than 20 employees2,092 companies in the comparisonnot stated
No. 18of 2,092
Better than 99%
Companies that are founded within the last five years16,662 companies in the comparisonnot stated
No. 7of 16,661
Better than 100%
All companies of type A/S18,025 companies in the comparisonnot stated
No. 149of 18,024
Better than 99%

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

Non-financial holding companies
Gross profit
  1. Echo BidCo A/S−DKK 73,000
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. Echo BidCo A/S−DKK 1.7bn
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. Echo BidCo A/SDKK 3.4bn
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. Echo BidCo A/S2
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
Echo BidCo A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Echo BidCo A/S
NameRoleAppointed
Gergely SvédCEO01/06/2025
Oluf RiddersholmDirector01/01/2026

Board of directors

Board of directors at Echo BidCo A/S
NameRoleAppointed
Christian SallingBoard member05/06/2023
Anders HedegaardChair of the board12/09/2023
Henrik Kjær HansenDeputy chair12/09/2023
Founders
Novo Holdings A/S
Former management (11)
Former management at Echo BidCo A/S
NameRoleAppointedResigned
Barbara FioriniChair of the board22/11/202105/06/2023
Jonas Drachmann GramBoard member22/11/202110/09/2023
Claus HansenBoard member22/11/202105/06/2023
Claus HansenDirector22/11/202105/06/2023
Christian SallingDirector05/06/202301/01/2024
Henrik Kjær HansenChair of the board05/06/202311/09/2023
Jonas Drachmann GramDeputy chair11/09/202312/09/2023
Andreas MorthorstDirector01/01/202426/03/2025
Olof Ludvig EnlundCEO01/01/202427/03/2025
Andreas MorthorstCEO27/03/202531/05/2025
Andreas MorthorstDirector01/06/202531/12/2025

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør, bestyrelsens næstformand i forening med en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Tuborg Havnevej 19
2900 Hellerup

Gentofte Municipality · Postcode 2900

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
Echo BidCo A/STuborg Havnevej 19, 2900 Hellerup21027744725

Purpose

Selskabets formål er at eje kapitalandele i andre virksomheder samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

38 registered events
20262 changesaccounts 1 · management 1
  • Annual report for 2025 published
  • Oluf Riddersholm appointed director
20258 changesmanagement 7 · accounts 1
  • Andreas Morthorst stepped down as director
  • Annual report for 2024 published
  • Gergely Svéd appointed ceo
  • Andreas Morthorst appointed director
  • Andreas Morthorst stepped down as ceo
  • Andreas Morthorst appointed ceo
  • Olof Ludvig Enlund stepped down as ceo
  • Andreas Morthorst stepped down as director
20244 changesaccounts 1 · management 3
  • Annual report for 2023 published
  • Olof Ludvig Enlund appointed ceo
  • Andreas Morthorst appointed director
  • Christian Salling stepped down as director
202318 changescapital 2 · management 12 · ownership 2 · accounts 1 · name 1
  • Share capital changed from 5,112,609 DKK to 5,141,694 DKK
  • Anders Hedegaard appointed chair of the board
  • Henrik Kjær Hansen appointed deputy chair
  • Jonas Drachmann Gram stepped down as deputy chair
  • Share capital changed from 400,000 DKK to 5,112,609 DKK
  • Jonas Drachmann Gram appointed deputy chair
  • Henrik Kjær Hansen stepped down as chair of the board
  • Jonas Drachmann Gram stepped down as board member
  • Echo TopCo A/S registered as owner (100%)
  • Novo Holdings A/S is no longer registered as owner
  • Annual report for 2022 published
  • Name changed from Novo Invest 2E A/S to Echo BidCo A/S
  • Henrik Kjær Hansen appointed chair of the board
  • Christian Salling appointed director
  • Christian Salling appointed board member
  • Claus Hansen stepped down as director
  • Barbara Fiorini stepped down as chair of the board
  • Claus Hansen stepped down as board member
20216 changesfounded 1 · management 4 · ownership 1
  • Registered as Novo Invest 2E A/S
  • Claus Hansen appointed director
  • Barbara Fiorini appointed chair of the board
  • Claus Hansen appointed board member
  • Jonas Drachmann Gram appointed board member
  • Novo Holdings A/S registered as owner (100%)

Related companies

Same industry in Gentofte

See all →

Same people in management

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.

View in CVRReport a correction