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N2f Management ApS

Private limited companyCVR 40199330København SActive

N2f Management ApS is a private limited company, based in København S, active in fund management activities, founded in 2018. Net profit fell 29% from 2024 to 2025, ending at DKK 4.2m. Measured by gross profit, it ranks no. 6 of 72 companies in the industry in the database. Equity grew to DKK 17.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 14.5m−9.4% vs. 2024
Net profitDKK 4.2m−29.3% vs. 2024
EquityDKK 17.4m+32.3% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 9% (2024 → 2025), to DKK 14.5m.
  • Net profit fell 29% (2024 → 2025), to DKK 4.2m.
  • Equity rose 32% (2024 → 2025), to DKK 17.4m.

Employees

  • 1 fewer employees than a year earlier: 5 (07/2026) against 6 (07/2025).

Management and owners, last 24 months

  • New in management: Jens Rytter (board member, 09/01/2025).
  • Stepped down: Jan-Ole Hansen (board member, 09/01/2025).

Registrations, last 24 months

  • 16/04/2026: Moved to Raffinaderivej 8, 2300 København S

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
EquityNet profit
Financial figures for N2f Management ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,6065,61115,82213,94115,99214,482−9.4%
Operating profit (EBIT)−3052,4458,7105,6337,9406,337−20.2%
Profit before tax−3262,6128,7535,8507,7935,583−28.4%
Net profit−3262,2626,8194,4066,0014,245−29.3%
Total assets6,80412,24117,79518,79815,25618,566+21.7%
Equity5,82710,89312,71311,03913,12417,369+32.3%
Liabilities9761,3475,0687,7592,1321,197−43.8%
Cash and cash equivalents2,0047,86212,38512,2776,47510,623+64.1%
Average number of employees267876−14.3%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16m202020212022202320242025
Gross profitMedian, the industry (73 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for N2f Management ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202412/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202129/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202001/07/2021The 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
0246808/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

73 companies in the database

Comparison with the other companies in fund management activities based on the latest financial year.

Gross profitDKK 14.5mNo. 6 of 72
Better than 93% of the companies in the industry
EquityDKK 17.4mNo. 11 of 73
Better than 86% of the companies in the industry
Number of employees5No. 16 of 73
Better than 79% of the companies in the industry

Industry median: gross profit DKK 744k, net profit DKK 49,922, equity DKK 1.2m, 2 employees.

DKK 100kDKK 942kDKK 8.9mDKK 83.5mDKK 372.2mHere
Distribution of gross profit for 51 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. 2,557of 69,742
Better than 96%
No. 6,346of 69,964
Better than 91%
Same industry and fewer than 20 employees71 companies in the comparison
No. 5of 71
Better than 94%
No. 9of 71
Better than 89%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 2,933of 33,588
Better than 91%
No. 2,550of 33,687
Better than 92%
All companies of type ApS66,508 companies in the comparison
No. 3,790of 66,379
Better than 94%
No. 4,665of 66,505
Better than 93%

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

Fund management activities
Gross profit
  1. N2f Management ApSDKK 14.5m
  2. Danica Kapitalforvaltning K/SDKK 785.8m
  3. Qube Research and Technologies Denmark ApSDKK 47.1m
Net profit
  1. N2f Management ApSDKK 4.2m
  2. Danica Kapitalforvaltning K/SDKK 612.8m
  3. Qube Research and Technologies Denmark ApSDKK 6.7m
Equity
  1. N2f Management ApSDKK 17.4m
  2. Danica Kapitalforvaltning K/SDKK 622.8m
  3. Qube Research and Technologies Denmark ApSDKK 18.9m
Employees
  1. N2f Management ApS5
  2. Danica Kapitalforvaltning K/S66
  3. Qube Research and Technologies Denmark ApS18

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
N2f Management ApS

Management

4 active registrations

Executive management

Executive management at N2f Management ApS
NameRoleAppointed
Peter SandbergDirector27/12/2018

Board of directors

Board of directors at N2f Management ApS
NameRoleAppointed
Peter SandbergBoard member27/12/2018
Frank Lyhne HansenChair of the board13/03/2020
Jens RytterBoard member09/01/2025
Founders
Frank Lyhne Hansen
Former management (9)
Former management at N2f Management ApS
NameRoleAppointedResigned
Niels-Ulrik MoustenChair of the board27/12/201812/03/2020
Frank Lyhne HansenBoard member27/12/201812/03/2020
Steen ParsholtBoard member28/06/201901/09/2021
Raed Maki Mohamed SarhanBoard member07/10/201917/06/2020
Niels-Ulrik MoustenBoard member13/03/202019/11/2020
Jan-Ole HansenBoard member04/07/202009/01/2025
Søren Grønborg ThorsenBoard member04/07/202017/03/2021
Christian SagildBoard member17/03/202101/09/2021
Michael Vangsgaard ChristensenBoard member17/03/202101/09/2021

Signing rule: Selskabet tegnes af den samlede bestyrelse eller bestyrelsesformanden sammen med en direktør.

Address and production units

1 active production units

Raffinaderivej 8
2300 København S

København Municipality · Postcode 2300

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
N2F MANAGEMENT ApSRaffinaderivej 8, 2300 København S51024339153

Purpose

Selskabets formål er at drive virksomhed som forvalter af alternative kapitalfonde efter lov om forvaltere af alternative investeringsfonde m.v. og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

63 registered events
20262 changesaccounts 1 · address 1
  • Annual report for 2025 published
  • Moved to Raffinaderivej 8, 2300 København S
20253 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Jens Rytter appointed board member
  • Jan-Ole Hansen stepped down as board member
20242 changesaddress 1 · accounts 1
  • Moved to Sankt Annæ Plads 13, 3. th, 1250 København K
  • Annual report for 2023 published
20232 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Sankt Annæ Plads 13, 3. th, 1250 København K
20221 changeaccounts 1
  • Annual report for 2021 published
202110 changesmanagement 6 · accounts 1 · ownership 2 · address 1
  • Christian Sagild stepped down as board member
  • Michael Vangsgaard Christensen stepped down as board member
  • Steen Parsholt stepped down as board member
  • Annual report for 2020 published
  • North-East Family Office ApS registered as owner (25%)
  • North-East Family Office ApS is no longer registered as owner
  • Moved to Sankt Annæ Plads 13, 1. tv, 1250 København K
  • Christian Sagild appointed board member
  • Michael Vangsgaard Christensen appointed board member
  • Søren Grønborg Thorsen stepped down as board member
202017 changesownership 8 · management 8 · capital 1
  • SAGILD ApS registered as owner (5%)
  • BOGANI ApS registered as owner (5%)
  • North-East Family Office ApS registered as owner (15%)
  • NETSUOM ApS is no longer registered as owner
  • North-East Family Office ApS is no longer registered as owner
  • Niels-Ulrik Mousten stepped down as board member
  • Share capital changed from 59,100 DKK to 65,667 DKK
  • Søren Grønborg Thorsen appointed board member
  • Jan-Ole Hansen appointed board member
  • North-East Family Office ApS registered as owner (10%)
  • Raed Maki Mohamed Sarhan stepped down as board member
  • Frank Lyhne Hansen appointed chair of the board
  • Niels-Ulrik Mousten appointed board member
  • NETSUOM ApS registered as owner (15%)
  • Niels-Ulrik Mousten stepped down as chair of the board
  • Frank Lyhne Hansen stepped down as board member
  • NETSUOM ApS is no longer registered as owner
201918 changescapital 2 · management 2 · ownership 12 · address 2
  • Share capital changed from 53,700 DKK to 59,100 DKK
  • Raed Maki Mohamed Sarhan appointed board member
  • NETSUOM ApS registered as owner (25%)
  • Peter Sandberg Management ApS registered as owner (25%)
  • FRANK LYHNE ApS registered as owner (25%)
  • Peter Sandberg Management ApS is no longer registered as owner
  • NETSUOM ApS is no longer registered as owner
  • FRANK LYHNE ApS is no longer registered as owner
  • Share capital changed from 51,000 DKK to 53,700 DKK
  • Steen Parsholt appointed board member
  • Moved to Købmagergade 22, 3. 3, 1150 København K
  • Peter Sandberg Management ApS registered as owner (33.33%)
  • NETSUOM ApS registered as owner (33.33%)
  • FRANK LYHNE ApS registered as owner (33.33%)
  • Peter Sandberg is no longer registered as owner
  • Frank Lyhne Hansen is no longer registered as owner
  • Niels-Ulrik Mousten is no longer registered as owner
  • Moved to Langholm 20, Veddelev, 4000 Roskilde
20188 changesfounded 1 · management 4 · ownership 3
  • Registered as N2F MANAGEMENT ApS
  • Peter Sandberg appointed director
  • Niels-Ulrik Mousten appointed chair of the board
  • Frank Lyhne Hansen appointed board member
  • Peter Sandberg appointed board member
  • Peter Sandberg registered as owner (33.33%)
  • Frank Lyhne Hansen registered as owner (33.33%)
  • Niels-Ulrik Mousten registered as owner (33.33%)

Related companies

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. 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