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Nordic Ethanol ApS

Private limited companyCVR 39641828KastrupActive

Nordic Ethanol ApS is a private limited company, based in Kastrup, active in distilling, rectifying and blending of spirits, founded in 2018. Net profit rose 127% from 2025 to 2026, ending at DKK 349k. 6 other companies in the database are registered at the same address.

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Key figures · financial year 2026

Gross profitDKK 950k−10.2% vs. 2025
Net profitDKK 349k+126.7% vs. 2025
EquityDKK 344k+8,299.6% vs. 2025
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 10% (2025 → 2026), to DKK 950k.
  • Net profit rose 127% (2025 → 2026), to DKK 349k.
  • Equity turned positive again: DKK 344k (2025 → 2026).

Management and owners, last 24 months

  • New owners registered: NEJ Invest ApS (21/01/2025).
  • No longer registered as owner: EVZ Holding ApS (21/01/2025), NSS Invest ApS (21/01/2025) and JWØ Holding ApS (21/01/2025).

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 2021–2026 · amounts in DKK thousand

Equity and net profit

−DKK 300k−DKK 200k−DKK 100kDKK 0DKK 100kDKK 200kDKK 300k202120222023202420252026
EquityNet profit
Financial figures for Nordic Ethanol ApS
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit73854152761,058950−10.2%
Operating profit (EBIT)−30217–––––
Profit before tax−4319928−210200456+127.2%
Net profit−3415320−169154349+126.7%
Total assets3275986561,5652,3532,528+7.5%
Equity−202−911−158−4344+8,299.6%
Liabilities529607––2,3572,183−7.4%
Cash and cash equivalents0–––60−100%
Average number of employees–22221−50%

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, 2026: 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 200kDKK 400kDKK 600kDKK 800kDKK 1m202120222023202420252026
Gross profitMedian, the industry (40 companies)

Annual reports

6 financial years
Annual reports for Nordic Ethanol ApS
Financial yearPeriodPublishedFigures forDocuments
202601/07/2025 – 30/06/202607/10/2026The companyPDF not statedXBRL
202501/07/2024 – 30/06/202522/12/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202406/12/2024The companyPDF not statedXBRL
202301/07/2022 – 30/06/202312/12/2023The companyPDF not statedXBRL
202201/07/2021 – 30/06/202209/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202113/10/2021The 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
011223306/2307/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2606/26
Employees

Position in the industry

40 companies in the database

Comparison with the other companies in distilling, rectifying and blending of spirits based on the latest financial year.

Gross profitDKK 950kNo. 19 of 40
Better than 54% of the companies in the industry
EquityDKK 344kNo. 26 of 40
Better than 36% of the companies in the industry
Number of employees3No. 26 of 40
Better than 36% of the companies in the industry

Industry median: gross profit DKK 816k, net profit DKK 606, equity DKK 583k, 2 employees.

DKK 100kDKK 307kDKK 940kDKK 2.9mDKK 6.1mHere
Distribution of gross profit for 37 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. 45,673of 69,742
Better than 35%
No. 45,998of 69,964
Better than 34%
Same industry and fewer than 20 employees39 companies in the comparison
No. 18of 39
Better than 55%
No. 25of 39
Better than 37%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 23,716of 33,588
Better than 29%
No. 21,821of 33,687
Better than 35%
All companies of type ApS66,508 companies in the comparison
No. 43,978of 66,379
Better than 34%
No. 41,938of 66,505
Better than 37%

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

Distilling, rectifying and blending of spirits
Gross profit
  1. Nordic Ethanol ApSDKK 950k
  2. United Drinks A/SDKK 8.8m
  3. Thy Whisky ApSDKK 4.9m
Net profit
  1. Nordic Ethanol ApSDKK 349k
  2. United Drinks A/SDKK 1.5m
  3. Thy Whisky ApSDKK 1.1m
Equity
  1. Nordic Ethanol ApSDKK 344k
  2. United Drinks A/SDKK 2.3m
  3. Thy Whisky ApSDKK 5.5m
Employees
  1. Nordic Ethanol ApS3
  2. United Drinks A/S9
  3. Thy Whisky ApS10

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
  • NEJ Invest ApS100%
Nordic Ethanol ApS

Management

4 active registrations

Executive management

Executive management at Nordic Ethanol ApS
NameRoleAppointed
Nicolai Sivgaard SimonsenDirector14/06/2018

Board of directors

Board of directors at Nordic Ethanol ApS
NameRoleAppointed
Jonas Wulff ØstergaardBoard member14/06/2018
Nicolai Sivgaard SimonsenBoard member12/10/2021
Emil Alexander Vang ZiirsenBoard member13/01/2022
Founders
Scale ApS, Nicolai Sivgaard Simonsen, Jonas Wulff Østergaard
Former management (1)
Former management at Nordic Ethanol ApS
NameRoleAppointedResigned
Thorbjørn BraadBoard member14/06/201813/01/2022

Signing rule: Virksomheden tegnes af direktionen.

Address and production units

1 active production units

Amager Landevej 233
2770 Kastrup

Tårnby Municipality · Postcode 2770

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
Nordic Ethanol ApSAmager Landevej 233, 2770 Kastrup31023700596

Purpose

Virksomhedens formål er at drive produktions- og salgsvirksomhed inden for spiritus, samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

32 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20255 changesaccounts 1 · ownership 4
  • Annual report for 2025 published
  • NEJ Invest ApS registered as owner (100%)
  • NSS Invest ApS is no longer registered as owner
  • JWØ Holding ApS is no longer registered as owner
  • EVZ Holding ApS is no longer registered as owner
20242 changesaccounts 1 · address 1
  • Annual report for 2024 published
  • Moved to Amager Landevej 233, 2770 Kastrup
20231 changeaccounts 1
  • Annual report for 2023 published
20229 changesaccounts 1 · ownership 6 · management 2
  • Annual report for 2022 published
  • NSS Invest ApS registered as owner (33.33%)
  • JWØ Holding ApS registered as owner (33.33%)
  • Jonas Wulff Østergaard is no longer registered as owner
  • Nicolai Sivgaard Simonsen is no longer registered as owner
  • Emil Alexander Vang Ziirsen appointed board member
  • Thorbjørn Braad stepped down as board member
  • EVZ Holding ApS registered as owner (25%)
  • Scale ApS is no longer registered as owner
20216 changesaccounts 1 · name 1 · capital 1 · management 1 · ownership 2
  • Annual report for 2021 published
  • Name changed from SiWu Distillery IVS to Nordic Ethanol ApS
  • Share capital changed from 100 DKK to 40,000 DKK
  • Nicolai Sivgaard Simonsen appointed board member
  • Scale ApS registered as owner (25%)
  • Scale ApS is no longer registered as owner
20201 changeaddress 1
  • Moved to Bjørnbaksvej 25, 2770 Kastrup
20187 changesfounded 1 · management 3 · ownership 3
  • Registered as SiWu Distillery IVS
  • Thorbjørn Braad appointed board member
  • Nicolai Sivgaard Simonsen appointed director
  • Jonas Wulff Østergaard appointed board member
  • Scale ApS registered as owner (20%)
  • Jonas Wulff Østergaard registered as owner (33.33%)
  • Nicolai Sivgaard Simonsen registered as owner (33.33%)

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.

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