Norlase ApS

Private limited companyCVR 35644547BallerupActive

Norlase ApS is a private limited company, based in Ballerup, active in manufacture of optical instruments, magnetic and optical media and photographic equipment, founded in 2014. Measured by gross profit, it ranks no. 4 of 22 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 11.1m. With 53 employees, the company is about 8 times larger than the industry median.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 38.5m+62.8% vs. 2024

Net profit−DKK 11.1m+37.5% vs. 2024

EquityDKK 36.9m−23.3% vs. 2024

Employees53latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 63% (2024 → 2025), to DKK 38.5m.
The loss got smaller: from DKK 17.8m to DKK 11.1m (2024 → 2025).
Equity fell 23% (2024 → 2025), to DKK 36.9m.

Employees

4 more employees than a year earlier: 53 (07/2026) against 49 (07/2025).

Management and owners, last 24 months

New owners registered: Aurelius Limited (29/10/2024).

Registrations, last 24 months

26/05/2026: Share capital changed from 206,114 DKK to 207,314 DKK
30/05/2025: Share capital changed from 203,083 DKK to 206,114 DKK
01/01/2025: Industry changed to Manufacture of optical instruments, magnetic and optical media and photographic equipment (267000)

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

EquityNet profit

Financial figures for Norlase ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	−13,995	−11,282	−4,756	18,066	23,663	38,532	+62.8%
Operating profit (EBIT)	−28,334	−26,144	−37,715	−26,430	−21,737	−13,787	+36.6%
Profit before tax	−28,470	−26,053	−35,202	−27,572	−20,791	−14,774	+28.9%
Net profit	−26,265	−24,240	−32,719	−24,508	−17,792	−11,124	+37.5%
Total assets	26,300	70,376	39,913	90,106	81,189	107,860	+32.8%
Equity	6,551	48,206	15,487	60,530	48,096	36,874	−23.3%
Liabilities	19,749	22,169	24,425	29,576	33,094	70,985	+114.5%
Cash and cash equivalents	14,318	52,968	8,964	31,111	6,857	11,023	+60.7%
Average number of employees	25	33	31	38	41	54	+31.7%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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

Compare with the industry (22 companies)

Gross profitMedian, the industry (22 companies)

Signals from the financial statements

calculated from the 2025 figures

Loss for 6 years in a row
Net result has been negative in 2020–2025.
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 Norlase ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	08/07/2026	The group	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	11/06/2025	The group	PDF XBRL
2023	01/01/2023 – 31/12/2023	01/07/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	11/07/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	06/07/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	22/06/2021	The company	PDF XBRL

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

Employees

Position in the industry

22 companies in the database

Comparison with the other companies in manufacture of optical instruments, magnetic and optical media and photographic equipment based on the latest financial year.

Gross profitDKK 38.5mNo. 4 of 22

Better than 86% of the companies in the industry

EquityDKK 36.9mNo. 5 of 22

Better than 81% of the companies in the industry

Number of employees53No. 4 of 22

Better than 86% of the companies in the industry

Industry median: gross profit DKK 7.5m, net profit −DKK 10,360, equity DKK 8.8m, 7 employees.

Distribution of gross profit for 20 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
Group	Gross profit	Equity
Companies with 50–199 employees4,467 companies in the comparison	No. 2,331of 4,412 Better than 47%	No. 1,525of 4,466 Better than 66%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 951of 33,588 Better than 97%	No. 1,507of 33,687 Better than 96%
All companies of type ApS66,508 companies in the comparison	No. 1,032of 66,379 Better than 98%	No. 2,701of 66,505 Better than 96%

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

Manufacture of optical instruments, magnetic and optical media and photographic equipment

Gross profit

Norlase ApSDKK 38.5m
Foss Analytical A/SDKK 1.3bn
Hamamatsu Photonics A/SDKK 133.2m

Net profit

Norlase ApS−DKK 11.1m
Foss Analytical A/SDKK 473.3m
Hamamatsu Photonics A/S−DKK 113.6m

Equity

Norlase ApSDKK 36.9m
Foss Analytical A/SDKK 512.8m
Hamamatsu Photonics A/SDKK 781.4m

Employees

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

Pmws Holding ApS5%
Nordic Secondary Fund I P/S5%
Aurelius Limited5%

Norlase ApS

Management

9 active registrations

Executive management

Executive management at Norlase ApS
Name	Role	Appointed
Peter Matths Wippel Skovgaard	Director	21/01/2014
Oliver Hvidt Grønborg	CEO	20/02/2019

Board of directors

Board of directors at Norlase ApS
Name	Role	Appointed
Jes Broeng	Board member	21/01/2014
Robert James Plastow	Board member	21/01/2014
Uri Shabto, MD	Board member	03/02/2017
Karl Kristian Nielsen	Board member	11/10/2022
Maya Ella Barley	Board member	28/06/2024
Jacob Lundgreen Philipsen	Chair of the board	30/09/2024
David Lee Hardwick	Board member	30/09/2024

Auditor: Deloitte Statsautoriseret Revisionspartnerselskab
Founders: Anpartsselskabet Lundlip, Broeng Consult ApS, Anders Kragh Hansen Holding ApS, Inator Holding ApS, Bjarlin Holding ApS, Oliver Hvidt Holding ApS, Jarnel Holding ApS, Lucas Innovation ApS, Pmws Holding ApS, David Lee Hardwick, Robert James Plastow

Former management (7)

Former management at Norlase ApS
Name	Role	Appointed	Resigned
Jacob Lundgreen Philipsen	Board member	21/01/2014	29/09/2024
Peter Eskil Andersen	Board member	21/01/2014	20/02/2019
David Lee Hardwick	Chair of the board	21/01/2014	29/09/2024
Cathal John Mahon	Board member	19/12/2014	08/07/2016
Niels Jørgen Korsholm	Board member	08/01/2015	03/02/2017
Finn Mogensen	Board member	29/07/2016	11/10/2022
Dale Clifton Flanders	Board member	15/06/2021	28/06/2024

Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsens formand, af to direktører i forening, af tre medlemmer af bestyrelsen i forening, eller af den samlede bestyrelse

Address and production units

1 active production units

Brydehusvej 13
2750 Ballerup

Ballerup Municipality · Postcode 2750

Other companies at the address (1)

TracInnovations A/SManufacture of medical and dental instruments and supplies

Production units
Production unit	Address	Industry	Employees	P number
NORLASE ApS	Brydehusvej 13, 2750 Ballerup	Manufacture of optical instruments, magnetic and optical media and photographic equipment	55	1019062011

Purpose

Selskabets formål er at drive kommerciel virksomhed inden for højteknologiske produkter og serviceydelser baseret på laserprodukter samt enhver aktivitet, der efter bestyrelsens skøn står i forbindelse hermed

The purpose is quoted from the register in Danish.

Changes year by year

118 registered events

32015

282016

52017

122018

102019

82020

82021

32022

52023

82024

32025

22026

20262 changesaccounts 1 · capital 1

08/07AccountsAnnual report for 2025 published
26/05CapitalShare capital changed from 206,114 DKK to 207,314 DKK

20253 changesaccounts 1 · capital 1 · industry 1

11/06AccountsAnnual report for 2024 published
30/05CapitalShare capital changed from 203,083 DKK to 206,114 DKK
01/01IndustryIndustry changed to Manufacture of optical instruments, magnetic and optical media and photographic equipment (267000)

20248 changesownership 1 · management 6 · accounts 1

29/10OwnershipAURELIUS LIMITED registered as owner (5%)
30/09ManagementJacob Lundgreen Philipsen appointed chair of the board
30/09ManagementDavid Lee Hardwick appointed board member
29/09ManagementDavid Lee Hardwick stepped down as chair of the board
29/09ManagementJacob Lundgreen Philipsen stepped down as board member
01/07AccountsAnnual report for 2023 published
28/06ManagementMaya Ella Barley appointed board member
28/06ManagementDale Clifton Flanders stepped down as board member

20235 changesaccounts 1 · capital 3 · industry 1

11/07AccountsAnnual report for 2022 published
05/04CapitalShare capital changed from 202,792 DKK to 203,083 DKK
15/03CapitalShare capital changed from 197,189 DKK to 202,792 DKK
01/03CapitalShare capital changed from 174,511 DKK to 197,189 DKK
01/01IndustryIndustry changed to Manufacture of optical instruments, magnetic and optical media and photographic equipment (267000)

20223 changesmanagement 2 · accounts 1

11/10ManagementKarl Kristian Nielsen appointed board member
11/10ManagementFinn Mogensen stepped down as board member
06/07AccountsAnnual report for 2021 published

20218 changescapital 3 · accounts 1 · management 1 · ownership 2 · industry 1

07/10CapitalShare capital changed from 166,647 DKK to 174,511 DKK
30/08CapitalShare capital changed from 146,344 DKK to 166,647 DKK
22/06AccountsAnnual report for 2020 published
18/06CapitalShare capital changed from 144,511 DKK to 146,344 DKK
15/06ManagementDale Clifton Flanders appointed board member
10/01OwnershipNordic Secondary Fund I P/S registered as owner (5%)
10/01OwnershipUddannelses- og Forskningsstyrelsen is no longer registered as owner
01/01IndustryIndustry changed to Manufacture of other electrical equipment (279000)

20208 changesaddress 1 · capital 6 · industry 1

18/12AddressMoved to Brydehusvej 13, 2750 Ballerup
13/10CapitalShare capital changed from 143,311 DKK to 144,511 DKK
29/07CapitalShare capital changed from 138,796 DKK to 143,311 DKK
02/06CapitalShare capital changed from 132,150 DKK to 138,796 DKK
01/05IndustryIndustry changed to Manufacture of irradiation, electromedical and electrotherapeutic equipment (266090)
28/04CapitalShare capital changed from 130,501 DKK to 132,150 DKK
08/04CapitalShare capital changed from 126,652 DKK to 130,501 DKK
31/03CapitalShare capital changed from 125,285 DKK to 126,652 DKK

201910 changescapital 1 · ownership 7 · management 2

26/02CapitalShare capital changed from 109,620 DKK to 125,285 DKK
26/02OwnershipUddannelses- og Forskningsstyrelsen registered as owner (5%)
26/02OwnershipWolfe Securities Limited is no longer registered as owner
26/02OwnershipINATOR HOLDING ApS is no longer registered as owner
26/02OwnershipBJARLIN HOLDING ApS is no longer registered as owner
26/02OwnershipLUCAS INNOVATION ApS is no longer registered as owner
26/02OwnershipDavid Hardwick is no longer registered as owner
25/02OwnershipUddannelses- og Forskningsstyrelsen is no longer registered as owner
20/02ManagementOliver Hvidt Grønborg appointed ceo
20/02ManagementPeter Eskil Andersen stepped down as board member

201812 changescapital 2 · ownership 10

21/12CapitalShare capital changed from 99,710 DKK to 109,620 DKK
21/12OwnershipPMWS HOLDING ApS registered as owner (5%)
21/12OwnershipUddannelses- og Forskningsstyrelsen registered as owner (10%)
21/12OwnershipStyrelsen for Forskning og Uddannelse is no longer registered as owner
21/12OwnershipBROENG CONSULT ApS is no longer registered as owner
21/12OwnershipFONDEN SPRING NORDIC is no longer registered as owner
20/12OwnershipPMWS HOLDING ApS is no longer registered as owner
20/09CapitalShare capital changed from 84,422 DKK to 99,710 DKK
20/09OwnershipWolfe Securities Limited registered as owner (5%)
20/09OwnershipPI CONSULT & INVEST ApS is no longer registered as owner
20/09OwnershipKORSHOLM VENTURES ApS is no longer registered as owner
20/09OwnershipHN3 HOLDING ApS is no longer registered as owner

20175 changesaddress 3 · management 2

07/12AddressMoved to Brydehusvej 30, 2750 Ballerup
04/04AddressMoved to Frederiksborgvej 399, Himmelev, 4000 Roskilde
24/03AddressMoved to Frederiksborgvej 399, Himmelev, 4000 Roskilde
03/02ManagementUri Shabto, MD appointed board member
03/02ManagementNiels Jørgen Korsholm stepped down as board member

201628 changescapital 2 · ownership 24 · management 2

15/12CapitalShare capital changed from 75,890 DKK to 84,422 DKK
15/12OwnershipStyrelsen for Forskning og Uddannelse registered as owner (10%)
15/12OwnershipPI CONSULT & INVEST ApS registered as owner (5%)
15/12OwnershipBROENG CONSULT ApS registered as owner (5%)
15/12OwnershipKORSHOLM VENTURES ApS registered as owner (5%)
15/12OwnershipINATOR HOLDING ApS registered as owner (5%)
15/12OwnershipBJARLIN HOLDING ApS registered as owner (5%)
15/12OwnershipLUCAS INNOVATION ApS registered as owner (5%)
15/12OwnershipPMWS HOLDING ApS registered as owner (10%)
15/12OwnershipHN3 HOLDING ApS registered as owner (5%)
15/12OwnershipDavid Hardwick registered as owner (5%)
14/12OwnershipPMWS HOLDING ApS is no longer registered as owner
14/12OwnershipStyrelsen for Forskning og Uddannelse is no longer registered as owner
14/12OwnershipINATOR HOLDING ApS is no longer registered as owner
14/12OwnershipANDERS KRAGH HANSEN HOLDING ApS is no longer registered as owner
14/12OwnershipLUCAS INNOVATION ApS is no longer registered as owner
14/12OwnershipHN3 HOLDING ApS is no longer registered as owner
14/12OwnershipDavid Hardwick is no longer registered as owner
14/12OwnershipKORSHOLM VENTURES ApS is no longer registered as owner
14/12OwnershipPI CONSULT & INVEST ApS is no longer registered as owner
14/12OwnershipBROENG CONSULT ApS is no longer registered as owner
14/12OwnershipBJARLIN HOLDING ApS is no longer registered as owner
29/07ManagementFinn Mogensen appointed board member
08/07ManagementCathal John Mahon stepped down as board member
20/02CapitalShare capital changed from 68,769 DKK to 75,890 DKK
20/02OwnershipPMWS HOLDING ApS registered as owner (10%)
20/02OwnershipStyrelsen for Forskning og Uddannelse registered as owner (5%)
19/02OwnershipPMWS HOLDING ApS is no longer registered as owner

20153 changesaddress 1 · capital 1 · management 1

21/12AddressMoved to Frederiksborgvej 399, Himmelev, 4000 Roskilde
12/08CapitalShare capital changed from 68,096 DKK to 68,769 DKK
08/01ManagementNiels Jørgen Korsholm appointed board member

201423 changescapital 2 · management 7 · ownership 11 · address 1 · industry 1 · founded 1

19/12CapitalShare capital changed from 60,480 DKK to 68,096 DKK
19/12ManagementCathal John Mahon appointed board member
19/12OwnershipINATOR HOLDING ApS registered as owner (5%)
19/12OwnershipANDERS KRAGH HANSEN HOLDING ApS registered as owner (5%)
19/12OwnershipLUCAS INNOVATION ApS registered as owner (5%)
19/12OwnershipPMWS HOLDING ApS registered as owner (15%)
19/12OwnershipHN3 HOLDING ApS registered as owner (5%)
19/12OwnershipDavid Hardwick registered as owner (5%)
19/12OwnershipKORSHOLM VENTURES ApS registered as owner (5%)
19/12OwnershipPI CONSULT & INVEST ApS registered as owner (5%)
19/12OwnershipFONDEN SPRING NORDIC registered as owner (5%)
19/12OwnershipBROENG CONSULT ApS registered as owner (5%)
19/12OwnershipBJARLIN HOLDING ApS registered as owner (5%)
28/11CapitalShare capital changed from 50,400 DKK to 60,480 DKK
22/04AddressMoved to Risø Huse 1, 4000 Roskilde
01/02IndustryIndustry changed to Manufacture of other electrical equipment (279000)
21/01FoundedRegistered as NORLASE ApS
21/01ManagementPeter Matths Wippel Skovgaard appointed director
21/01ManagementPeter Eskil Andersen appointed board member
21/01ManagementDavid Lee Hardwick appointed chair of the board
21/01ManagementJes Broeng appointed board member
21/01ManagementJacob Lundgreen Philipsen appointed board member
21/01ManagementRobert James Plastow 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 CVR Report a correction