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Nordic Retail ApS

Private limited companyCVR 34092575NæstvedActive

Nordic Retail ApS is a private limited company, based in Næstved, active in wholesale of other machinery and equipment, founded in 2011. The company made a loss in both 2024 and 2026, most recently DKK 5.6m. Equity fell to DKK 106k in 2026. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2026

Gross profitDKK 5.1m−28.6% vs. 2024
Net profit−DKK 5.6m−110% vs. 2024
EquityDKK 106k−87.9% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Employees

  • 3 fewer employees than a year earlier: 8 (08/2026) against 11 (08/2025).

Management and owners, last 24 months

  • New in management: Michael Hartmann Frandsen (director, 12/12/2025).
  • Stepped down: Bo Frost Bennetsen (director, 12/12/2025).
  • New owners registered: Michael Frandsen Holding ApS (12/12/2025).
  • No longer registered as owner: SV Gruppen ApS (12/12/2025).

Registrations, last 24 months

  • 15/05/2026: Moved to Lunavej 6, 4700 Næstved

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 2020–2026 · amounts in DKK thousand

Equity and net profit

−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4m202020212022202320242026
EquityNet profit
Financial figures for Nordic Retail ApS
202020212022202320242026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit9,6048,63211,41410,3247,0925,060−28.6%
Operating profit (EBIT)5379091,0441,105−2,066−7,978−286.1%
Profit before tax317755666479−2,596−8,260−218.2%
Net profit10858236−167−2,685−5,638−110%
Total assets12,83915,04815,19811,68313,4857,958−41%
Equity3,0273,5853,7283,561876106−87.9%
Liabilities9,73511,25911,0597,63212,0517,852−34.8%
Cash and cash equivalents1,25132285528261,138+4,290%
Average number of employees2016181613130%

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, 2026: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2025 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242026
Gross profitMedian, the industry (1,000 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Loss for 3 years in a row

    Net result has been negative in 2023–2026.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 88% from 2024 to 2026 (DKK 876k to DKK 106k).

    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 1% of total assets in 2026.

    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
Annual reports for Nordic Retail ApS
Financial yearPeriodPublishedFigures forDocuments
202601/01/2025 – 30/04/202614/10/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202130/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202001/07/2021The 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
0246810121409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,000 companies in the database

Comparison with the other companies in wholesale of other machinery and equipment based on the latest financial year.

Gross profitDKK 5.1mNo. 551 of 1,000
Better than 45% of the companies in the industry
EquityDKK 106kNo. 927 of 1,000
Better than 7% of the companies in the industry
Number of employees8No. 289 of 1,000
Better than 71% of the companies in the industry

Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.

DKK 100kDKK 961kDKK 9.2mDKK 88.8mDKK 401.7mHere
Distribution of gross profit for 957 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. 13,205of 69,742
Better than 81%
No. 54,501of 69,964
Better than 22%
Same industry and fewer than 20 employees769 companies in the comparison
No. 325of 769
Better than 58%
No. 703of 769
Better than 9%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 8,561of 33,588
Better than 75%
No. 25,974of 33,687
Better than 23%
All companies of type ApS66,508 companies in the comparison
No. 13,604of 66,379
Better than 80%
No. 50,668of 66,505
Better than 24%

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

Wholesale of other machinery and equipment
Gross profit
  1. Nordic Retail ApSDKK 5.1m
  2. HydraSpecma A/SDKK 854.1m
  3. Sanovo Technology A/SDKK 779.2m
Net profit
  1. Nordic Retail ApS−DKK 5.6m
  2. HydraSpecma A/SDKK 142.1m
  3. Sanovo Technology A/SDKK 204.2m
Equity
  1. Nordic Retail ApSDKK 106k
  2. HydraSpecma A/SDKK 1.2bn
  3. Sanovo Technology A/SDKK 592.3m
Employees
  1. Nordic Retail ApS8
  2. HydraSpecma A/S365
  3. Sanovo Technology A/S216

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
  • Michael Frandsen Holding ApS100%
Nordic Retail ApS

Management

1 active registrations

Executive management

Executive management at Nordic Retail ApS
NameRoleAppointed
Michael Hartmann FrandsenDirector12/12/2025
Founders
Jens Stilling Holding ApS, Mine Holding ApS
Former management (10)
Former management at Nordic Retail ApS
NameRoleAppointedResigned
Micael Heitmann JansenBoard member22/12/201107/02/2012
Peter KörnerChair of the board22/12/201118/02/2020
Jens Vejen StillingBoard member22/12/201127/05/2016
Jens Vejen StillingDirector22/12/201125/05/2016
Steffen MeyerBoard member07/02/201207/02/2012
Christopher Moyell JuulBoard member31/07/201203/05/2016
Bo Frost BennetsenBoard member07/08/201418/02/2020
Jesper PedersenBoard member19/05/201503/05/2016
Bo Frost BennetsenDirector19/05/201512/12/2025
Henrik Bo CarlsenBoard member27/05/201618/02/2020

Signing rule: Selskabet tegnes af direktøren alene.

Address and production units

1 active production units

Lunavej 6
4700 Næstved

Næstved Municipality · Postcode 4700

Other companies at the address (3)

  • SeeSafe ApSPrivate investigation and private security activities
  • SeeSafe IT ApSComputer consultancy and computer facilities management
  • DeGoAn ApSOther distribution of media content
Production units
Production unitAddressEmployeesP number
NORDIC RETAIL ApSLunavej 6, 4700 Næstved81017366137

Purpose

Selskabets formål er handels- og servicevirksomhed i Skandinavien samt al virksomhed, som efter direktionens skøn er beslægtet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

42 registered events
20262 changesaccounts 1 · address 1
  • Annual report for 2026 published
  • Moved to Lunavej 6, 4700 Næstved
20255 changesmanagement 2 · ownership 2 · accounts 1
  • Michael Hartmann Frandsen appointed director
  • Bo Frost Bennetsen stepped down as director
  • MICHAEL FRANDSEN HOLDING ApS registered as owner (100%)
  • SV GRUPPEN ApS is no longer registered as owner
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changescapital 1 · merger 1 · accounts 1
  • Share capital changed from 500,000 DKK to 505,000 DKK
  • Merger registered in CVR
  • Annual report for 2021 published
20215 changesaccounts 1 · address 1 · ownership 2 · merger 1
  • Annual report for 2020 published
  • Moved to Metalbuen 26K, 2750 Ballerup
  • SV GRUPPEN ApS registered as owner (100%)
  • NORDIC RETAIL HOLDING ApS is no longer registered as owner
  • Merger registered in CVR
20204 changesname 1 · management 3
  • Name changed from NORDIC RETAIL A/S to NORDIC RETAIL ApS
  • Henrik Bo Carlsen stepped down as board member
  • Bo Frost Bennetsen stepped down as board member
  • Peter Körner stepped down as chair of the board
20165 changesmanagement 5
  • Henrik Bo Carlsen appointed board member
  • Jens Vejen Stilling stepped down as board member
  • Jens Vejen Stilling stepped down as director
  • Jesper Pedersen stepped down as board member
  • Christopher Moyell Juul stepped down as board member
20153 changesaddress 1 · management 2
  • Moved to Brydehusvej 30, 2750 Ballerup
  • Bo Frost Bennetsen appointed director
  • Jesper Pedersen appointed board member
20142 changesmanagement 1 · ownership 1
  • Bo Frost Bennetsen appointed board member
  • NORDIC RETAIL HOLDING ApS registered as owner (100%)
20126 changesaddress 1 · management 4 · name 1
  • Moved to Brydehusvej 30, 2750 Ballerup
  • Christopher Moyell Juul appointed board member
  • Name changed from JM RETAIL A/S to NORDIC RETAIL A/S
  • Steffen Meyer appointed board member
  • Steffen Meyer stepped down as board member
  • Micael Heitmann Jansen stepped down as board member
20115 changesfounded 1 · management 4
  • Registered as JM RETAIL A/S
  • Micael Heitmann Jansen appointed board member
  • Jens Vejen Stilling appointed director
  • Jens Vejen Stilling appointed board member
  • Peter Körner appointed chair of the board

Related companies

Same industry in Næstved

See all →

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