Nordic Institute of Health Economics A/S
Public limited companyCVR 42826774Aarhus CActive
Nordic Institute of Health Economics A/S is a public limited company, based in Aarhus C, active in research and experimental development on social sciences and humanities, founded in 2021. Net profit fell 19% from 2024 to 2025, ending at DKK 793k. Measured by gross profit, it ranks no. 3 of 10 companies in the industry in the database. Equity grew to DKK 1.5m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 42% (2024 → 2025), to DKK 4.2m.
- Net profit fell 19% (2024 → 2025), to DKK 793k.
- Equity rose 43% (2024 → 2025), to DKK 1.5m.
Employees
- 2 fewer employees than a year earlier: 4 (07/2026) against 6 (07/2025).
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 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,899 | 2,805 | 2,928 | 4,152 | +41.8% |
| Operating profit (EBIT) | −576 | 305 | 672 | 1,024 | +52.4% |
| Profit before tax | −617 | 238 | 1,133 | 1,019 | −10.1% |
| Net profit | −486 | 186 | 981 | 793 | −19.2% |
| Total assets | 1,737 | 2,113 | 3,552 | 3,050 | −14.1% |
| Equity | −86 | 99 | 1,080 | 1,543 | +42.8% |
| Liabilities | 1,787 | 1,990 | 2,460 | 1,498 | −39.1% |
| Cash and cash equivalents | 198 | 699 | 1,592 | 780 | −51% |
| Average number of employees | 3 | 4 | 4 | 5 | +25% |
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 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
Annual reports
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 28/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 27/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 15/04/2024 | The company | PDFXBRL |
| 2022 | 11/11/2021 – 31/12/2022 | 15/05/2023 | 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
10 companies in the databaseComparison with the other companies in research and experimental development on social sciences and humanities based on the latest financial year.
Industry median: gross profit DKK 3.3m, net profit DKK 209k, equity DKK 1.1m, 3 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. 16,482of 69,742 Better than 76% | No. 27,791of 69,964 Better than 60% |
| Same industry and fewer than 20 employees10 companies in the comparison | No. 3of 10 Better than 78% | No. 3of 10 Better than 78% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 2,788of 16,614 Better than 83% | No. 2,918of 16,661 Better than 82% |
| All companies of type A/S18,025 companies in the comparison | No. 12,656of 17,786 Better than 29% | No. 15,148of 18,024 Better than 16% |
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
Research and experimental development on social sciences and humanities- Nordic Institute of Health Economics A/SDKK 4.2m
- EIT Urban Mobility Innovation Hub North ApSDKK 6.6m
- Smith Innovation ApSDKK 5.9m
- Nordic Institute of Health Economics A/SDKK 793k
- EIT Urban Mobility Innovation Hub North ApSDKK 31,915
- Smith Innovation ApSDKK 997k
- Nordic Institute of Health Economics A/SDKK 1.5m
- EIT Urban Mobility Innovation Hub North ApSDKK 1.3m
- Smith Innovation ApSDKK 3.1m
- Nordic Institute of Health Economics A/S4
- EIT Urban Mobility Innovation Hub North ApS8
- Smith Innovation ApS12
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Lars Ehlers Holding ApS90%
- Dam Advisors ApS10%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lars Holger Ehlers | Director | 11/11/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lars Holger Ehlers | Board member | 11/11/2021 |
| Marie Ehlers | Board member | 11/04/2024 |
| Svenn Aage Hyllerød Dam | Chair of the board | 27/05/2024 |
- Founders
- Rud Pedersen A/S
Former management (5)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Martin Løntoft | Chair of the board | 11/11/2021 | 11/04/2024 |
| Maja Barfod Hørsving | Board member | 11/11/2021 | 28/02/2022 |
| Jesper Luthman | Board member | 16/05/2022 | 04/09/2023 |
| Trine Ann Behnk | Board member | 02/03/2023 | 11/04/2024 |
| Svenn Aage Hyllerød Dam | Board member | 11/04/2024 | 26/05/2024 |
Signing rule: Selskabet tegnes af en direktør, eller af bestyrelsesformanden i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
1 active production unitsGammel Munkegade 1
8000 Aarhus C
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Nordic Institute of Health Economics A/S | Gammel Munkegade 1, 1. 5, 8000 Aarhus C | 4 | 1027716705 |
Purpose
Selskabets formål er at drive konsulent og rådgivningsvirksomhed, samt efter bestyrelsens skøn hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
28 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
202410 changesmanagement 6 · ownership 3 · accounts 1
- ManagementSvenn Aage Hyllerød Dam appointed chair of the board
- OwnershipDAM ADVISORS APS registered as owner (10%)
- ManagementSvenn Aage Hyllerød Dam stepped down as board member
- AccountsAnnual report for 2023 published
- ManagementSvenn Aage Hyllerød Dam appointed board member
- ManagementMarie Ehlers appointed board member
- ManagementTrine Ann Behnk stepped down as board member
- ManagementMartin Løntoft stepped down as chair of the board
- OwnershipLars Ehlers Holding ApS registered as owner (90%)
- OwnershipRUD PEDERSEN A/S is no longer registered as owner
20234 changesownership 1 · management 2 · accounts 1
- OwnershipLars Ehlers Holding ApS is no longer registered as owner
- ManagementJesper Luthman stepped down as board member
- AccountsAnnual report for 2022 published
- ManagementTrine Ann Behnk appointed board member
20226 changesaddress 1 · management 2 · industry 1 · name 1 · ownership 1
- AddressMoved to Gammel Munkegade 1, 1. 5, 8000 Aarhus C
- ManagementJesper Luthman appointed board member
- IndustryIndustry changed to Research and experimental development on social sciences and humanities (722000)
- NameName changed from Nordic Health Economics A/S to Nordic Institute of Health Economics A/S
- ManagementMaja Barfod Hørsving stepped down as board member
- OwnershipLars Ehlers Holding ApS registered as owner (25%)
20216 changesfounded 1 · management 4 · ownership 1
- FoundedRegistered as Nordic Health Economics A/S
- ManagementMartin Løntoft appointed chair of the board
- ManagementLars Holger Ehlers appointed director
- ManagementLars Holger Ehlers appointed board member
- ManagementMaja Barfod Hørsving appointed board member
- OwnershipRUD PEDERSEN A/S registered as owner (66.67%)
Related companies
Same people in management
- AGF A/Svia Svenn Aage Hyllerød Dam
- Viaplay Group Denmark Sport A/Svia Svenn Aage Hyllerød Dam
- Atletion A/Svia Svenn Aage Hyllerød Dam
- Jjw Arkitekter A/Svia Martin Løntoft
- Rud Pedersen A/Svia Martin Løntoft
- Aarhus Seaside ApSvia Svenn Aage Hyllerød Dam
Largest in the industry
- EIT Urban Mobility Innovation Hub North ApSDKK 6.6m
- Smith Innovation ApSDKK 5.9m
- Cochrane Informatics And Knowledge Management Department Denmark ApSDKK 3.7m
- Huset Pia Thomsen ApSDKK 3.6m
- Universal Futurist ApSDKK 3m
- Future Navigator ApSDKK 1.2m
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.