Echo TopCo A/S
Public limited companyCVR 44258846HellerupActive
Echo TopCo A/S is a public limited company, based in Hellerup, active in non-financial holding companies, founded in 2023. The company made a loss in both 2024 and 2025, most recently DKK 1.8bn. With 4 employees, the company is about 4 times larger than the industry median. Equity fell to DKK 3.4bn in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 1.5m to DKK 1.8bn (2024 → 2025).
- Equity fell 34% (2024 → 2025), to DKK 3.4bn.
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 2024–2025 · amounts in DKK thousandEquity and net profit
| 2024 | 2025 | Change | |
|---|---|---|---|
| Revenue | not stated | not stated | – |
| Gross profit | −1,855 | −2,662 | −43.5% |
| Profit before tax | −1,857 | −1,751,860 | −94,238.2% |
| Net profit | −1,462 | −1,751,277 | −119,686.4% |
| Total assets | 5,142,588 | 3,389,277 | −34.1% |
| Equity | 5,140,190 | 3,388,913 | −34.1% |
| Liabilities | 2,398 | 364 | −84.8% |
| Cash and cash equivalents | 541 | 433 | −20% |
| Average number of employees | 0 | 0 | – |
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 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 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
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
2 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 25/06/2026 | The company | PDF not statedXBRL |
| 2024 | 25/08/2023 – 31/12/2024 | 02/06/2025 | 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
2,138 companies in the databaseComparison with the other companies in non-financial holding companies based on the latest financial year.
Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 69,316of 69,742 Better than 1% | No. 56of 69,964 Better than 100% |
| Same industry and fewer than 20 employees2,092 companies in the comparison | No. 1,992of 2,048 Better than 3% | No. 17of 2,092 Better than 99% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 16,472of 16,614 Better than 1% | No. 6of 16,661 Better than 100% |
| All companies of type A/S18,025 companies in the comparison | No. 17,569of 17,786 Better than 1% | No. 148of 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- Echo TopCo A/S−DKK 2.7m
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Echo TopCo A/S−DKK 1.8bn
- Heartland A/SDKK 4.9bn
- Andel A.M.B.A.−DKK 2.9bn
- Echo TopCo A/SDKK 3.4bn
- Heartland A/SDKK 39.2bn
- Andel A.M.B.A.DKK 29.5bn
- Echo TopCo A/S4
- Heartland A/S34
- 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 RegisterSubsidiaries are shown only if they are in the database.
Management
10 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Gergely Svéd | CEO | 01/06/2025 |
| Oluf Riddersholm | Director | 01/01/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Christian Salling | Board member | 25/08/2023 |
| Anders Hedegaard | Chair of the board | 12/09/2023 |
| Henrik Kjær Hansen | Deputy chair | 12/09/2023 |
| Arne Due-Hansen | Board member | 31/10/2023 |
| Maria Montse Montaner Picart | Board member | 17/04/2024 |
| Michael John Garvey | Board member | 17/04/2024 |
| Kimball Hall | Board member | 17/04/2024 |
| Patricia Carrolo | Board member | 17/04/2024 |
- Founders
- Novo Holdings A/S
Former management (8)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Christian Salling | Director | 25/08/2023 | 05/09/2024 |
| Jonas Drachmann Gram | Board member | 25/08/2023 | 10/09/2023 |
| Henrik Kjær Hansen | Chair of the board | 25/08/2023 | 11/09/2023 |
| Jonas Drachmann Gram | Deputy chair | 11/09/2023 | 12/09/2023 |
| Andreas Morthorst | Director | 05/09/2024 | 26/03/2025 |
| Olof Ludvig Enlund | CEO | 05/09/2024 | 27/03/2025 |
| Andreas Morthorst | CEO | 27/03/2025 | 31/05/2025 |
| Andreas Morthorst | Director | 01/06/2025 | 31/12/2025 |
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 unitsTuborg Havnevej 19
2900 Hellerup
Gentofte Municipality · Postcode 2900
Other companies at the address (6)
- Novo Holdings Business & People Support P/SBusiness and other management consultancy activities
- Novo Holdings A/STrusts, estates and similar financial entities
- Novo Holdings DK Investment Advisor P/SBusiness and other management consultancy activities
- NIVI Development A/SResearch and experimental development on natural sciences and engineering
- NH Aifm P/SOther financial service activities n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Echo TopCo A/S | Tuborg Havnevej 19, 2900 Hellerup | 4 | 1029581475 |
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
37 registered events20262 changesaccounts 1 · management 1
- AccountsAnnual report for 2025 published
- ManagementOluf Riddersholm appointed director
20258 changesmanagement 7 · accounts 1
- ManagementAndreas Morthorst stepped down as director
- AccountsAnnual report for 2024 published
- ManagementGergely Svéd appointed ceo
- ManagementAndreas Morthorst appointed director
- ManagementAndreas Morthorst stepped down as ceo
- ManagementAndreas Morthorst appointed ceo
- ManagementOlof Ludvig Enlund stepped down as ceo
- ManagementAndreas Morthorst stepped down as director
20247 changesmanagement 7
- ManagementOlof Ludvig Enlund appointed ceo
- ManagementAndreas Morthorst appointed director
- ManagementChristian Salling stepped down as director
- ManagementPatricia Carrolo appointed board member
- ManagementKimball Hall appointed board member
- ManagementMichael John Garvey appointed board member
- ManagementMaria Montse Montaner Picart appointed board member
202320 changesmanagement 11 · ownership 6 · capital 2 · founded 1
- ManagementArne Due-Hansen appointed board member
- OwnershipNovo Holdings A/S registered as owner (50%)
- OwnershipLUNDBECKFOND INVEST A/S registered as owner (33.33%)
- OwnershipNovo Holdings A/S is no longer registered as owner
- CapitalShare capital changed from 5,112,609 DKK to 5,141,694 DKK
- ManagementAnders Hedegaard appointed chair of the board
- ManagementHenrik Kjær Hansen appointed deputy chair
- ManagementJonas Drachmann Gram stepped down as deputy chair
- OwnershipNovo Holdings A/S registered as owner (90%)
- CapitalShare capital changed from 400,000 DKK to 5,112,609 DKK
- ManagementJonas Drachmann Gram appointed deputy chair
- ManagementHenrik Kjær Hansen stepped down as chair of the board
- OwnershipNovo Holdings A/S is no longer registered as owner
- ManagementJonas Drachmann Gram stepped down as board member
- FoundedRegistered as Echo TopCo A/S
- ManagementChristian Salling appointed director
- ManagementChristian Salling appointed board member
- ManagementHenrik Kjær Hansen appointed chair of the board
- ManagementJonas Drachmann Gram appointed board member
- OwnershipNovo Holdings A/S registered as owner (100%)
Related companies
Same industry in Gentofte
- Havemanns ApS12 employees
- Pensions Management A/S11 employees
- E.N Consulting ApS9 employees
- B2 Holding A/S9 employees
- Ultranav International ApS9 employees
- Dan Technologies A/S9 employees
Same people in management
- Tivoli A/Svia Andreas Morthorst
- GN Hearing A/Svia Anders Hedegaard
- Bavarian Nordic A/Svia Anders Hedegaard
- Alk-abelló A/Svia Anders Hedegaard
- GN Store Nord A/Svia Anders Hedegaard
- Ferrosan Medical Devices A/Svia Arne Due-Hansen
Largest in the industry
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Norlys a.m.b.a.DKK 5.3bn
- Lauritzen Fonden Holding ApSDKK 4.1bn
- Per Aarsleff Holding A/SDKK 2.8bn
- C.W. Obel Holding P/SDKK 2.2bn
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.