Nordfrim A/S

Public limited companyCVR 26098157OtterupActive

Nordfrim A/S is a public limited company, based in Otterup, active in retail sale of art, founded in 2001. Measured by gross profit, it ranks no. 4 of 63 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 2.8m. With 27 employees, the company is about 14 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 10.6m−34.2% vs. 2024
Net profit−DKK 2.8m−412.3% vs. 2024
EquityDKK 48.4m−5.4% vs. 2024
Employees27latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 34% (2024 → 2025), to DKK 10.6m.
  • The loss grew: from DKK 541k to DKK 2.8m (2024 → 2025).
  • Equity fell 5% (2024 → 2025), to DKK 48.4m.

Employees

  • 2 fewer employees than a year earlier: 27 (08/2026) against 29 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of art (476920)

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 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Nordfrim A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit13,91419,04015,62016,76916,15110,624−34.2%
Operating profit (EBIT)1,0245,1504857362,011−2,783−238.3%
Profit before tax1,7364,378−13−1,748−413−3,531−756%
Net profit1,3353,329159−1,975−541−2,769−412.3%
Total assets106,40098,022102,418104,225111,351101,161−9.2%
Equity33,32537,04145,78348,27251,14448,405−5.4%
Liabilities72,42159,27955,10554,19458,32151,861−11.1%
Cash and cash equivalents1,8006788021,033719914+27.1%
Average number of employees262830333228−12.5%

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 16mDKK 18mDKK 20m202020212022202320242025
Gross profitMedian, the industry (64 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more 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 Nordfrim A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202315/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202107/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202008/07/2021The 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
0510152025303509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

64 companies in the database

Comparison with the other companies in retail sale of art based on the latest financial year.

Gross profitDKK 10.6mNo. 4 of 63
Better than 95% of the companies in the industry
EquityDKK 48.4mNo. 3 of 64
Better than 97% of the companies in the industry
Number of employees27No. 4 of 64
Better than 95% of the companies in the industry

Industry median: gross profit DKK 1.4m, net profit DKK 68,145, equity DKK 1.2m, 2 employees.

DKK 100kDKK 395kDKK 1.6mDKK 6.2mDKK 15.5mHere
Distribution of gross profit for 54 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 20–49 employees9,922 companies in the comparison
No. 5,542of 9,892
Better than 44%
No. 728of 9,922
Better than 93%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 5,698of 24,791
Better than 77%
No. 2,390of 24,909
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 8,720of 17,786
Better than 51%
No. 3,656of 18,024
Better than 80%

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

Retail sale of art
Gross profit
  1. Nordfrim A/SDKK 10.6m
  2. Poster & Frame Art Group ApSDKK 24.4m
  3. Edition Copenhagen A/SDKK 15.3m
Net profit
  1. Nordfrim A/S−DKK 2.8m
  2. Poster & Frame Art Group ApSDKK 1.1m
  3. Edition Copenhagen A/SDKK 6m
Equity
  1. Nordfrim A/SDKK 48.4m
  2. Poster & Frame Art Group ApSDKK 15.5m
  3. Edition Copenhagen A/SDKK 9.9m

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
  • Champion Holding A/S100%
Nordfrim A/S

Management

4 active registrations

Executive management

Executive management at Nordfrim A/S
NameRoleAppointed
Lisbeth Achton-BoelCEO01/08/2024

Board of directors

Board of directors at Nordfrim A/S
NameRoleAppointed
Anne Daugaard BarslundBoard member26/06/2001
Stine Daugaard KristensenBoard member26/08/2020
Lars Daugaard LarsenChair of the board01/08/2024
Founders
Erling Daugaard Larsen
Former management (7)
Former management at Nordfrim A/S
NameRoleAppointedResigned
Erling Daugaard LarsenBoard member26/06/200125/08/2020
Erling Daugaard LarsenDirector26/06/200126/08/2020
Vivi Kjær LarsenChair of the board26/06/200124/10/2019
Erling Daugaard LarsenChair of the board26/08/202023/06/2022
Lars Daugaard LarsenBoard member26/08/202031/07/2024
Lars Daugaard LarsenDirector26/08/202031/07/2024
Lisbeth Achton-BoelChair of the board23/06/202231/07/2024

Signing rule: Selskabet tegnes af den samlede bestyrelse i forening eller af en direktør.

Address and production units

1 active production units

Kvindevadet 42
5450 Otterup

Nordfyns Municipality · Postcode 5450

Production units
Production unitAddressEmployeesP number
NORDFRIM A/SKvindevadet 42, Daugstrup, 5450 Otterup271004180173

Purpose

Selskabets formål er køb og salg af frimærker, mønter, tilbehør til anførte samt dermed beslægtede aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Retail sale of art (476920)
20246 changesmanagement 5 · accounts 1
  • Lisbeth Achton-Boel appointed ceo
  • Lars Daugaard Larsen appointed chair of the board
  • Lisbeth Achton-Boel stepped down as chair of the board
  • Lars Daugaard Larsen stepped down as director
  • Lars Daugaard Larsen stepped down as board member
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Lisbeth Achton-Boel appointed chair of the board
  • Erling Daugaard Larsen stepped down as chair of the board
20211 changeaccounts 1
  • Annual report for 2020 published
20206 changesmanagement 6
  • Lars Daugaard Larsen appointed director
  • Erling Daugaard Larsen appointed chair of the board
  • Lars Daugaard Larsen appointed board member
  • Stine Daugaard Kristensen appointed board member
  • Erling Daugaard Larsen stepped down as director
  • Erling Daugaard Larsen stepped down as board member
20191 changemanagement 1
  • Vivi Kjær Larsen stepped down as chair of the board
20181 changeaddress 1
  • Moved to Kvindevadet 42, Daugstrup, 5450 Otterup
20081 changeindustry 1
  • Industry changed to Detailhandel med andre varer i.a.n. (477890)
20071 changeaddress 1
  • Moved to Kvindevadet 42, Daugstrup, 5450 Otterup
20021 changeownership 1
  • CHAMPION HOLDING A/S registered as owner (100%)
20015 changesfounded 1 · management 4
  • Registered as NORDFRIM A/S
  • Anne Daugaard Barslund appointed board member
  • Erling Daugaard Larsen appointed director
  • Vivi Kjær Larsen appointed chair of the board
  • Erling Daugaard Larsen appointed board member

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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. 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