Nordan Marine A/S
Public limited companyCVR 33583052FrederikshavnActive
Nordan Marine A/S is a public limited company, based in Frederikshavn, active in repair and maintenance of ships and boats, founded in 2011. The company made a loss in both 2024 and 2025, most recently DKK 2.7m. With 29 employees, the company is about 6 times larger than the industry median. Equity fell to DKK 2.1m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 2% (2024 → 2025), to DKK 23.7m.
- The loss grew: from DKK 763k to DKK 2.7m (2024 → 2025).
- Equity fell 57% (2024 → 2025), to DKK 2.1m.
Employees
- 3 fewer employees than a year earlier: 29 (08/2026) against 32 (08/2025).
Management and owners, last 24 months
- New in management: Rasmus Folsø (board member, 10/02/2025), Bjarke Brøns (chair of the board, 24/09/2025) and Mikkel Seedorff Sørensen (ceo, 24/09/2025) (+2).
- Stepped down: Kent Mahon Krogh (director, 23/09/2025), Vegard Jordan Thorstensen (board member, 10/02/2025) and Allan Juul Bech (board member, 10/02/2025) (+3).
- New owners registered: Desmi A/S (10/02/2025).
- No longer registered as owner: Ab Automation ApS (10/02/2025), Mahon Invest ApS (10/02/2025) and Karsten Ries Holding ApS (10/02/2025) (+1).
Registrations, last 24 months
- 01/01/2025: Industry changed to Repair and maintenance of ships and boats (331500)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 14,585 | 15,628 | 16,269 | 20,829 | 24,221 | 23,666 | −2.3% |
| Operating profit (EBIT) | 3,004 | 2,554 | 526 | 2,937 | −213 | −2,449 | −1,048.6% |
| Profit before tax | 2,895 | 2,343 | 172 | 2,263 | −976 | −3,329 | −241% |
| Net profit | 2,247 | 1,819 | 129 | 1,764 | −763 | −2,687 | −252.4% |
| Total assets | 11,160 | 11,854 | 13,287 | 22,389 | 18,476 | 30,632 | +65.8% |
| Equity | 3,690 | 5,009 | 3,738 | 5,502 | 4,740 | 2,053 | −56.7% |
| Liabilities | 7,421 | 6,845 | 9,549 | 16,852 | 13,737 | 28,579 | +108.1% |
| Cash and cash equivalents | 129 | 258 | 145 | 86 | 292 | 2,541 | +769.3% |
| Average number of employees | 17 | 18 | 24 | 27 | 34 | 32 | −5.9% |
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
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 57% from 2024 to 2025 (DKK 4.7m to DKK 2.1m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 7% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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| 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 | 08/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 25/03/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 11/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 21/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 29/03/2021 | 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
111 companies in the databaseComparison with the other companies in repair and maintenance of ships and boats based on the latest financial year.
Industry median: gross profit DKK 2.8m, net profit DKK 98,659, equity DKK 1.1m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 2,159of 9,892 Better than 78% | No. 6,500of 9,922 Better than 34% |
| Same industry and 20–49 employees10 companies in the comparison | No. 3of 10 Better than 78% | No. 6of 10 Better than 44% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 2,920of 24,791 Better than 88% | No. 14,427of 24,909 Better than 42% |
| All companies of type A/S18,025 companies in the comparison | No. 5,237of 17,786 Better than 71% | No. 14,471of 18,024 Better than 20% |
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
Repair and maintenance of ships and boats- Nordan Marine A/SDKK 23.7m
- Altrad Services A/SDKK 376.7m
- Fayard A/SDKK 302.3m
- Nordan Marine A/S−DKK 2.7m
- Altrad Services A/S−DKK 12.8m
- Fayard A/SDKK 233.5m
- Nordan Marine A/SDKK 2.1m
- Altrad Services A/SDKK 37.6m
- Fayard A/SDKK 164m
- Nordan Marine A/S29
- Altrad Services A/S467
- Fayard A/S165
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mikkel Seedorff Sørensen | CEO | 24/09/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Rasmus Folsø | Board member | 10/02/2025 |
| Bjarke Brøns | Chair of the board | 24/09/2025 |
| Mikkel Seedorff Sørensen | Board member | 24/09/2025 |
- Founders
- Mahon Invest ApS, Ab Automation ApS
Former management (8)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Allan Juul Bech | Director | 28/03/2011 | 28/10/2011 |
| Kent Mahon Krogh | Director | 28/03/2011 | 23/09/2025 |
| Vegard Jordan Thorstensen | Board member | 28/10/2011 | 10/02/2025 |
| Allan Juul Bech | Board member | 28/10/2011 | 10/02/2025 |
| Erik Knudsen Rauff | Chair of the board | 28/10/2011 | 18/03/2021 |
| Kent Mahon Krogh | Board member | 28/10/2011 | 23/09/2025 |
| Karsten Ries | Chair of the board | 18/03/2021 | 10/02/2025 |
| Morten Axel Petersen | Chair of the board | 10/02/2025 | 23/09/2025 |
Signing rule: Selskabet forpligtes ved underskrift af formanden for bestyrelsen i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
1 active production unitsIndustrivej 11
9900 Frederikshavn
| Production unit | Address | Employees | P number |
|---|---|---|---|
| NORDAN MARINE A/S | Industrivej 11, Vangen, 9900 Frederikshavn | 29 | 1016753889 |
Purpose
Selskabets formål er drive handel, industri og anden i forbindelse hermed stående virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
58 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
202518 changesmanagement 11 · accounts 1 · ownership 5 · industry 1
- ManagementMikkel Seedorff Sørensen appointed board member
- ManagementBjarke Brøns appointed chair of the board
- ManagementMikkel Seedorff Sørensen appointed ceo
- ManagementMorten Axel Petersen stepped down as chair of the board
- ManagementKent Mahon Krogh stepped down as board member
- ManagementKent Mahon Krogh stepped down as director
- AccountsAnnual report for 2024 published
- ManagementMorten Axel Petersen appointed chair of the board
- ManagementRasmus Folsø appointed board member
- ManagementKarsten Ries stepped down as chair of the board
- ManagementVegard Jordan Thorstensen stepped down as board member
- ManagementAllan Juul Bech stepped down as board member
- OwnershipDESMI A/S registered as owner (100%)
- OwnershipKARSTEN RIES HOLDING ApS is no longer registered as owner
- OwnershipJordan Invest AS is no longer registered as owner
- OwnershipAB AUTOMATION ApS is no longer registered as owner
- OwnershipMAHON INVEST ApS is no longer registered as owner
- IndustryIndustry changed to Repair and maintenance of ships and boats (331500)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20235 changesaddress 1 · ownership 3 · accounts 1
- AddressMoved to Industrivej 11, Vangen, 9900 Frederikshavn
- OwnershipKARSTEN RIES HOLDING ApS registered as owner (10%)
- OwnershipJordan Invest AS registered as owner (25%)
- OwnershipJordan Invest AS is no longer registered as owner
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20215 changesaccounts 1 · management 2 · capital 1 · ownership 1
- AccountsAnnual report for 2020 published
- ManagementKarsten Ries appointed chair of the board
- ManagementErik Knudsen Rauff stepped down as chair of the board
- CapitalShare capital changed from 500,500 DKK to 418,000 DKK
- OwnershipG R Fuglesangs Sønner AS is no longer registered as owner
20198 changescapital 1 · ownership 7
- CapitalShare capital changed from 550,000 DKK to 500,500 DKK
- OwnershipAB AUTOMATION ApS registered as owner (33.33%)
- OwnershipMAHON INVEST ApS registered as owner (15%)
- OwnershipJordan Invest AS registered as owner (33.33%)
- OwnershipOve Christiansen is no longer registered as owner
- OwnershipMAHON INVEST ApS is no longer registered as owner
- OwnershipAB AUTOMATION ApS is no longer registered as owner
- OwnershipJordan Invest AS is no longer registered as owner
20156 changesownership 6
- OwnershipMAHON INVEST ApS registered as owner (10%)
- OwnershipAB AUTOMATION ApS registered as owner (25%)
- OwnershipJordan Invest AS registered as owner (33.33%)
- OwnershipG R Fuglesangs Sønner AS registered as owner (15%)
- OwnershipOve Christiansen registered as owner (5%)
- OwnershipE M Norway AS is no longer registered as owner
20142 changesname 1 · address 1
- NameName changed from EUREKA MARINE A/S to NORDAN MARINE A/S
- AddressMoved to Industrivej 11, 9900 Frederikshavn
201111 changesname 1 · management 7 · capital 1 · ownership 1 · founded 1
- NameName changed from SEA SIDE MARINE ApS to EUREKA MARINE A/S
- ManagementVegard Jordan Thorstensen appointed board member
- ManagementKent Mahon Krogh appointed board member
- ManagementErik Knudsen Rauff appointed chair of the board
- ManagementAllan Juul Bech appointed board member
- ManagementAllan Juul Bech stepped down as director
- CapitalShare capital changed from 500,000 DKK to 550,000 DKK
- OwnershipE M Norway AS registered as owner (100%)
- FoundedRegistered as SEA SIDE MARINE ApS
- ManagementAllan Juul Bech appointed director
- ManagementKent Mahon Krogh appointed director
Related companies
Same industry in Frederikshavn
- Orskov Yard A/S246 employees
- KS Elektro A/S179 employees
- Jobi Værft A/S54 employees
- Studsgaard Safety - Fire & Lifting Division A/S15 employees
- Ostergaard Marine Solutions A/S10 employees
- Ålbæk Værft ApS9 employees
Same people in management
- Mekoprint A/Svia Karsten Ries
- CS WIND Offshore A/Svia Morten Axel Petersen
- Dantherm Denmark A/Svia Bjarke Brøns
- Desmi Pumping Technology A/Svia Bjarke Brøns
- Polytech A/Svia Morten Axel Petersen
- VMS Group A/Svia Erik Knudsen Rauff
Largest in the industry
- Altrad Services A/SDKK 376.7m
- Fayard A/SDKK 302.3m
- Orskov Yard A/SDKK 292.1m
- Wärtsilä Danmark A/SDKK 117.7m
- KS Elektro A/SDKK 80.1m
- Esbjerg Shipyard A/SDKK 50.1m
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.