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Norden CEF A/S

Public limited companyCVR 31933048HolteActive

Norden CEF A/S is a public limited company, based in Holte, active in business and other management consultancy activities, founded in 2009. Net profit rose 157% from 2024 to 2025, ending at DKK 524k. Equity grew to DKK 1.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 1.8m+58% vs. 2024
Net profitDKK 524k+156.6% vs. 2024
EquityDKK 1.4m+31.1% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 58% (2024 → 2025), to DKK 1.8m.
  • Net profit rose 157% (2024 → 2025), to DKK 524k.
  • Equity rose 31% (2024 → 2025), to DKK 1.4m.

Employees

  • 1 fewer employees than a year earlier: 2 (08/2026) against 3 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Business and other management consultancy activities (702000)

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
EquityNet profit
Financial figures for Norden CEF A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit8,70620,3672,4321,7221,1641,839+58%
Operating profit (EBIT)6,68614,782613475260676+160.1%
Profit before tax6,75415,307712471263676+156.8%
Net profit5,29111,929553368204524+156.6%
Total assets9,41119,5792,8322,4932,4293,088+27.1%
Equity5,28712,3161,3691,1371,0411,365+31.1%
Liabilities4,1207,2631,4601,3561,3881,723+24.1%
Cash and cash equivalents3402,83447710317921−88.5%
Average number of employees2322220%

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 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
Gross profitMedian, the industry (2,370 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 Norden CEF A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202419/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202318/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202217/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202117/02/2022The companyPDFXBRL
202001/01/2020 – 31/12/202008/02/2021The 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
011223309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

2,370 companies in the database

Comparison with the other companies in business and other management consultancy activities based on the latest financial year.

Gross profitDKK 1.8mNo. 960 of 2,358
Better than 59% of the companies in the industry
EquityDKK 1.4mNo. 1006 of 2,369
Better than 58% of the companies in the industry
Number of employees2No. 879 of 2,370
Better than 63% of the companies in the industry

Industry median: gross profit DKK 1.3m, net profit DKK 170k, equity DKK 974k, 2 employees.

DKK 100kDKK 1.6mDKK 26.5mDKK 431.1mDKK 2.8bnHere
Distribution of gross profit for 2,031 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. 32,700of 69,742
Better than 53%
No. 29,480of 69,964
Better than 58%
Same industry and fewer than 20 employees2,220 companies in the comparison
No. 826of 2,210
Better than 63%
No. 883of 2,219
Better than 60%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 16,012of 24,791
Better than 35%
No. 16,606of 24,909
Better than 33%
All companies of type A/S18,025 companies in the comparison
No. 14,829of 17,786
Better than 17%
No. 15,413of 18,024
Better than 14%

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

Business and other management consultancy activities
Gross profit
  1. Norden CEF A/SDKK 1.8m
  2. COWI Holding A/SDKK 7bn
  3. Accenture A/SDKK 1.1bn
Net profit
  1. Norden CEF A/SDKK 524k
  2. COWI Holding A/SDKK 374m
  3. Accenture A/SDKK 116.1m
Equity
  1. Norden CEF A/SDKK 1.4m
  2. COWI Holding A/SDKK 2bn
  3. Accenture A/SDKK 642m
Employees
  1. Norden CEF A/S2
  2. COWI Holding A/S12
  3. Accenture A/S977

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
  • Smedekær Holding ApS100%
Norden CEF A/S

Management

4 active registrations

Executive management

Executive management at Norden CEF A/S
NameRoleAppointed
John Willem NordenCEO09/03/2012

Board of directors

Board of directors at Norden CEF A/S
NameRoleAppointed
Thomas MonbergChair of the board10/09/2020
John Willem NordenBoard member01/05/2021
Elisabeth ArendtBoard member14/02/2022
Founders
Limani ApS, Mybanker Group A/S
Former management (12)
Former management at Norden CEF A/S
NameRoleAppointedResigned
John Willem NordenBoard member02/01/200909/03/2012
Nikolaj Magle HendriksenBoard member02/01/200901/05/2017
Jørgen Meulengracht TopChair of the board02/01/200901/05/2017
Knud Erik AndreasenDirector02/01/200902/08/2010
Elisabeth ArendtCEO02/08/201009/03/2012
Morten Westergaard SommerfeldtBoard member09/03/201201/05/2017
Elisabeth ArendtChair of the board26/06/201730/09/2017
Daniel Willem Lund NordenBoard member26/06/201714/02/2022
David Packness MeyerChair of the board01/10/201728/06/2019
Elisabeth ArendtDeputy chair01/10/201727/06/2019
Poul TherkelsenBoard member28/06/201901/05/2021
Elisabeth ArendtChair of the board28/06/201910/09/2020

Signing rule: Selskabet tegnes af den administrerende direktør alene eller af den samlede bestyrelse.

Address and production units

1 active production units

Kongevejen 365
2840 Holte

Rudersdal Municipality · Postcode 2840

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Norden CEF A/SKongevejen 365, 2840 Holte21014982325

Purpose

Selskabets formål er at drive rådgivningsvirksomhed, herunder ved at udbyde konsulentydelser, matchmaking mellem virksomheder, medvirke til fremskaffelse af kapital til selskaber, samt udøve enhver hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

58 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Business and other management consultancy activities (702000)
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesaddress 1 · accounts 1
  • Moved to Kongevejen 365, 2840 Holte
  • Annual report for 2022 published
20226 changesaddress 3 · accounts 1 · management 2
  • Moved to Kongevejen 365, 2840 Holte
  • Moved to Toldbodgade 55B, 3, 1253 København K
  • Annual report for 2021 published
  • Elisabeth Arendt appointed board member
  • Daniel Willem Lund Norden stepped down as board member
  • Moved to Toldbodgade 55, 3, 1253 København K
20218 changesname 1 · capital 1 · ownership 2 · address 1 · management 2 · accounts 1
  • Name changed from Norden CEF ApS to Norden CEF A/S
  • Share capital changed from 125,000 DKK to 400,000 DKK
  • John Willem Norden is no longer registered as owner
  • Elisabeth Arendt is no longer registered as owner
  • Moved to Gammel Strand 40, 2, 1202 København K
  • John Willem Norden appointed board member
  • Poul Therkelsen stepped down as board member
  • Annual report for 2020 published
20202 changesmanagement 2
  • Thomas Monberg appointed chair of the board
  • Elisabeth Arendt stepped down as chair of the board
20194 changesmanagement 4
  • Poul Therkelsen appointed board member
  • Elisabeth Arendt appointed chair of the board
  • David Packness Meyer stepped down as chair of the board
  • Elisabeth Arendt stepped down as deputy chair
20182 changesaddress 2
  • Moved to Kongevejen 365, 2840 Holte
  • Moved to Langebrogade 1, 1, 1411 København K
201716 changesaddress 3 · management 8 · name 1 · ownership 4
  • Moved to Applebys Plads 7, 1411 København K
  • David Packness Meyer appointed chair of the board
  • Elisabeth Arendt appointed deputy chair
  • Elisabeth Arendt stepped down as chair of the board
  • Name changed from MYBANKER CORPORATE EQUITY ApS to Norden CEF ApS
  • Moved to Smedekærvej 13, 2770 Kastrup
  • John Willem Norden registered as owner (50%)
  • Elisabeth Arendt registered as owner (50%)
  • Daniel Willem Lund Norden appointed board member
  • Elisabeth Arendt appointed chair of the board
  • SMEDEKÆR HOLDING ApS registered as owner (100%)
  • MYBANKER GROUP A/S is no longer registered as owner
  • Moved to Smedekærvej 13, 2770 Kastrup
  • Morten Westergaard Sommerfeldt stepped down as board member
  • Nikolaj Magle Hendriksen stepped down as board member
  • Jørgen Meulengracht Top stepped down as chair of the board
20125 changesownership 1 · management 4
  • MYBANKER GROUP A/S registered as owner (100%)
  • John Willem Norden appointed ceo
  • Morten Westergaard Sommerfeldt appointed board member
  • Elisabeth Arendt stepped down as ceo
  • John Willem Norden stepped down as board member
20102 changesmanagement 2
  • Elisabeth Arendt appointed ceo
  • Knud Erik Andreasen stepped down as director
20097 changesaddress 1 · industry 1 · founded 1 · management 4
  • Moved to Amaliegade 36, 1256 København K
  • Industry changed to Virksomhedsrådgivning og anden rådgivning om driftsledelse (702200)
  • Registered as MYBANKER CORPORATE EQUITY ApS
  • Nikolaj Magle Hendriksen appointed board member
  • Knud Erik Andreasen appointed director
  • Jørgen Meulengracht Top appointed chair of the board
  • John Willem Norden appointed board member

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