NorCordia ApS
Private limited companyCVR 42238155EgtvedActive
NorCordia ApS is a private limited company, based in Egtved, active in raising of horses and other equines, founded in 2021. Net profit fell 88% from 2024 to 2025, ending at DKK 492k. Measured by gross profit, it ranks no. 9 of 52 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 63% (2024 → 2025), to DKK 2.5m.
- Net profit fell 88% (2024 → 2025), to DKK 492k.
- Equity fell 11% (2024 → 2025), to DKK 7.8m.
Employees
- 1 more employees than a year earlier: 3 (07/2026) against 2 (07/2025).
Registrations, last 24 months
- 08/11/2024: Moved to Koldingvej 102, Dybvadbro, 6040 Egtved
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 2021–2025 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 2,111 | 6,245 | 3,397 | 6,827 | 2,526 | −63% |
| Operating profit (EBIT) | 2,098 | 4,387 | 1,459 | 4,932 | 197 | −96% |
| Profit before tax | 2,097 | 4,061 | 1,159 | 5,006 | 485 | −90.3% |
| Net profit | 1,625 | 3,161 | 892 | 3,959 | 492 | −87.6% |
| Total assets | 7,846 | 13,604 | 14,667 | 14,540 | 11,450 | −21.2% |
| Equity | 1,775 | 4,936 | 4,829 | 8,788 | 7,793 | −11.3% |
| Liabilities | 6,070 | 8,667 | 9,839 | 5,752 | 3,657 | −36.4% |
| Cash and cash equivalents | 1,498 | 940 | 4,245 | 4,256 | 1,755 | −58.8% |
| Average number of employees | – | 2 | 2 | 2 | 2 | 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 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
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 29/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 09/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/05/2023 | The company | PDFXBRL |
| 2021 | 18/03/2021 – 31/12/2021 | 06/04/2022 | 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
52 companies in the databaseComparison with the other companies in raising of horses and other equines based on the latest financial year.
Industry median: gross profit DKK 175k, net profit −DKK 179k, equity DKK 1m, 2 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. 26,112of 69,742 Better than 63% | No. 10,672of 69,964 Better than 85% |
| Same industry and fewer than 20 employees50 companies in the comparison | No. 8of 50 Better than 86% | No. 12of 50 Better than 78% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 14,712of 33,588 Better than 56% | No. 4,449of 33,687 Better than 87% |
| All companies of type ApS66,508 companies in the comparison | No. 25,537of 66,379 Better than 62% | No. 8,210of 66,505 Better than 88% |
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
Raising of horses and other equines- NorCordia ApSDKK 2.5m
- Cov ApSDKK 15.3m
- Schou Absolute A/SDKK 13.1m
- NorCordia ApSDKK 492k
- Cov ApSDKK 11.2m
- Schou Absolute A/SDKK 2.8m
- NorCordia ApSDKK 7.8m
- Cov ApSDKK 42m
- Schou Absolute A/SDKK 27m
- NorCordia ApS3
- Cov ApS4
- Schou Absolute A/S32
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- KN Ejendomsinvest ApS25%
- E-F Invest ApS25%
- Maxell Holding ApS25%
- International Dressage Inc25%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Ulrik Clemmensen | Director | 18/03/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Brian Hedelund Nielsen | Chair of the board | 18/03/2021 |
| Ulrik Clemmensen | Board member | 18/03/2021 |
| Frank Egsgaard-Fjord | Deputy chair | 18/03/2021 |
| Cathrine Sue Haddad | Board member | 25/08/2021 |
- Founders
- KN Ejendomsinvest ApS, E-F Invest ApS
Signing rule: Virksomheden tegnes af bestyrelsesformanden i forening med en direktør eller af bestyrelsesformanden i forening med et andet bestyrelsesmedlem.
Address and production units
1 active production unitsKoldingvej 102
6040 Egtved
Kolding Municipality · Postcode 6040
Other companies at the address (1)
- CEO Performance ApSRaising of horses and other equines
| Production unit | Address | Employees | P number |
|---|---|---|---|
| NorCordia ApS | Koldingvej 102, Dybvadbro, 6040 Egtved | 3 | 1026939778 |
Purpose
Virksomhedens formål er at købe, udvikle og sælge heste, handel og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
20 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20242 changesaddress 1 · accounts 1
- AddressMoved to Koldingvej 102, Dybvadbro, 6040 Egtved
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
202114 changesmanagement 5 · ownership 8 · founded 1
- ManagementCathrine Sue Haddad appointed board member
- OwnershipKN EJENDOMSINVEST ApS registered as owner (25%)
- OwnershipE-F Invest ApS registered as owner (25%)
- OwnershipMaxell Holding ApS registered as owner (25%)
- OwnershipInternational Dressage Inc registered as owner (25%)
- OwnershipKN EJENDOMSINVEST ApS is no longer registered as owner
- OwnershipE-F Invest ApS is no longer registered as owner
- FoundedRegistered as NorCordia ApS
- ManagementBrian Hedelund Nielsen appointed chair of the board
- ManagementUlrik Clemmensen appointed director
- ManagementUlrik Clemmensen appointed board member
- ManagementFrank Egsgaard-Fjord appointed deputy chair
- OwnershipKN EJENDOMSINVEST ApS registered as owner (50%)
- OwnershipE-F Invest ApS registered as owner (50%)
Related companies
Same people in management
- Portfolio Invest ApSvia Brian Hedelund Nielsen
- Jydskvvs ApSvia Brian Hedelund Nielsen
Largest in the industry
- Cov ApSDKK 15.3m
- Schou Absolute A/SDKK 13.1m
- Global Equestrian Group ApSDKK 10.9m
- Stald Magic ApSDKK 6.5m
- Bang Dressage ApSDKK 4.9m
- Stutteri Teglovnen ApSDKK 3.3m
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.