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Nørvo Sportsnet A/S

Public limited companyCVR 87008428ThistedActive

Nørvo Sportsnet A/S is a public limited company, based in Thisted, active in manufacture of sports goods, founded in 1979. Net profit fell 27% from 2024 to 2025, ending at DKK 197k. Measured by gross profit, it ranks no. 5 of 23 companies in the industry in the database. With 11 employees, the company is about 6 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 3.4m−0.1% vs. 2024
Net profitDKK 197k−27.3% vs. 2024
EquityDKK 3.6m+5.3% vs. 2024
Employees11latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit fell 27% (2024 → 2025), to DKK 197k.
  • Equity rose 5% (2024 → 2025), to DKK 3.6m.

Employees

  • 3 more employees than a year earlier: 11 (07/2026) against 8 (07/2025).

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 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5m202020212022202320242025
EquityNet profit
Financial figures for Nørvo Sportsnet A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,6343,9423,2502,8883,4243,420−0.1%
Operating profit (EBIT)657612237280424313−26.3%
Profit before tax560522153188344234−31.9%
Net profit435405115146271197−27.3%
Total assets6,8746,4676,2036,1276,2946,092−3.2%
Equity2,5022,8952,9983,1313,3863,566+5.3%
Liabilities4,0793,2832,9212,7172,6342,255−14.4%
Cash and cash equivalents1,027320129432313110−64.7%
Average number of employees7887880%

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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5mDKK 4m202020212022202320242025
Gross profitMedian, the industry (23 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 Nørvo Sportsnet A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202417/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202305/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202024/06/2021The 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
02468101207/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2605/2606/2607/26
Employees

Position in the industry

23 companies in the database

Comparison with the other companies in manufacture of sports goods based on the latest financial year.

Gross profitDKK 3.4mNo. 5 of 23
Better than 82% of the companies in the industry
EquityDKK 3.6mNo. 3 of 23
Better than 91% of the companies in the industry
Number of employees11No. 3 of 23
Better than 91% of the companies in the industry

Industry median: gross profit DKK 1.2m, net profit DKK 61,275, equity DKK 692k, 2 employees.

DKK 100kDKK 352kDKK 1.2mDKK 4.4mDKK 10.1mHere
Distribution of gross profit for 20 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. 20,054of 69,742
Better than 71%
No. 17,466of 69,964
Better than 75%
Same industry and fewer than 20 employees21 companies in the comparison
No. 3of 21
Better than 90%
No. 1of 21
Better than 100%
Companies that are at least 30 years old10,276 companies in the comparison
No. 6,368of 10,152
Better than 37%
No. 6,858of 10,275
Better than 33%
All companies of type A/S18,025 companies in the comparison
No. 13,258of 17,786
Better than 25%
No. 12,752of 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

Manufacture of sports goods
Gross profit
  1. Nørvo Sportsnet A/SDKK 3.4m
  2. Ledon A/SDKK 15.3m
  3. Body Bike Production A/SDKK 13.7m
Net profit
  1. Nørvo Sportsnet A/SDKK 197k
  2. Ledon A/SDKK 2.9m
  3. Body Bike Production A/SDKK 5.1m
Equity
  1. Nørvo Sportsnet A/SDKK 3.6m
  2. Ledon A/SDKK 15.5m
  3. Body Bike Production A/SDKK 30.7m
Employees
  1. Nørvo Sportsnet A/S11
  2. Ledon A/S29
  3. Body Bike Production A/S26

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
  • Nørvo Holding A/S100%
Nørvo Sportsnet A/S

Management

4 active registrations

Executive management

Executive management at Nørvo Sportsnet A/S
NameRoleAppointed
Charles Mikael MortensenDirector22/04/2003

Board of directors

Board of directors at Nørvo Sportsnet A/S
NameRoleAppointed
Carsten LyngsBoard member22/04/2003
Charles Mikael MortensenBoard member22/04/2003
Kurt Schelle PoulsenBoard member23/05/2013
Former management (8)
Former management at Nørvo Sportsnet A/S
NameRoleAppointedResigned
Uffe Berg PedersenChair of the board01/08/197907/09/1994
Børge MadsenBoard member01/08/197908/11/1988
Børge MadsenDirector01/08/197908/11/1988
Niels Peter ChristensenBoard member01/08/197931/05/1996
Svend MortensenBoard member01/08/197922/04/2003
Svend MortensenDirector01/08/197922/04/2003
Gitte MortensenBoard member31/05/199612/04/2002
Mette SkjoldahlChair of the board22/04/200323/05/2013

Signing rule: Selskabet tegnes af 1 direktør eller af 2 bestyrelsesmedlemmer i forening

Address and production units

1 active production units

Toosholmvej 9
7700 Thisted

Thisted Municipality · Postcode 7700

Production units
Production unitAddressEmployeesP number
NØRVO SPORTSNET A/SToosholmvej 9, Vorupør, 7700 Thisted101002761918

Purpose

Selskabets formål er fabrikation, handel og finansiering

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20132 changesmanagement 2
  • Kurt Schelle Poulsen appointed board member
  • Mette Skjoldahl stepped down as chair of the board
20081 changeindustry 1
  • Industry changed to Manufacture of sports goods (323000)
20036 changesmanagement 6
  • Mette Skjoldahl appointed chair of the board
  • Charles Mikael Mortensen appointed director
  • Charles Mikael Mortensen appointed board member
  • Carsten Lyngs appointed board member
  • Svend Mortensen stepped down as director
  • Svend Mortensen stepped down as board member
20021 changemanagement 1
  • Gitte Mortensen stepped down as board member
19963 changescapital 1 · management 2
  • Share capital changed from 300,000 DKK to 500,000 DKK
  • Gitte Mortensen appointed board member
  • Niels Peter Christensen stepped down as board member
19941 changemanagement 1
  • Uffe Berg Pedersen stepped down as chair of the board
19883 changesmanagement 2 · ownership 1
  • Børge Madsen stepped down as director
  • Børge Madsen stepped down as board member
  • NØRVO HOLDING A/S registered as owner (100%)
19797 changesfounded 1 · management 6
  • Registered as NØRVO SPORTSNET A/S
  • Uffe Berg Pedersen appointed chair of the board
  • Svend Mortensen appointed director
  • Svend Mortensen appointed board member
  • Niels Peter Christensen appointed board member
  • Børge Madsen appointed director
  • Børge Madsen appointed board member

Related companies

Same industry in Thisted

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Same people in management

Largest in the industry

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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.

View in CVRReport a correction