NORR11 International ApS
Private limited companyCVR 40596860København KActive
NORR11 International ApS is a private limited company, based in København K, active in retail sale of furniture, founded in 2019. The company made a loss in both 2024 and 2025, most recently DKK 760k. With 25 employees, the company is about 6 times larger than the industry median. Gross profit is higher than that of 93% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 9% (2024 → 2025), to DKK 17.2m.
- The loss got smaller: from DKK 2.9m to DKK 760k (2024 → 2025).
- Equity fell 5% (2024 → 2025), to DKK 14m.
Employees
- 2 more employees than a year earlier: 25 (07/2026) against 23 (07/2025).
Management and owners, last 24 months
- New in management: Jan McNair (board member, 10/06/2025).
- Stepped down: Jesper Sjølund (board member, 10/06/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of furniture (475510)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 6,463 | 10,170 | 13,126 | 15,918 | 15,785 | 17,248 | +9.3% |
| Operating profit (EBIT) | −1,225 | 1,805 | 767 | 1,217 | −3,991 | −355 | +91.1% |
| Profit before tax | −1,362 | 1,345 | 394 | 1,091 | −3,781 | −883 | +76.6% |
| Net profit | −1,063 | 1,043 | 289 | 803 | −2,910 | −760 | +73.9% |
| Total assets | 23,723 | 28,271 | 31,248 | 33,477 | 36,138 | 37,170 | +2.9% |
| Equity | −1,037 | 16,579 | 16,868 | 17,671 | 14,761 | 14,001 | −5.2% |
| Liabilities | 24,760 | 11,688 | 14,270 | 15,408 | 21,377 | 23,169 | +8.4% |
| Cash and cash equivalents | 1,983 | 3,008 | 1,837 | 8,087 | 5,002 | 5,190 | +3.8% |
| Average number of employees | 10 | 12 | 15 | 21 | 31 | 23 | −25.8% |
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
Signals from the financial statements
calculated from the 2025 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Fewer employees
The number of employees fell 26% from 31 in 2024 to 23 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 27/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 25/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 26/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 07/07/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 22/06/2021 | 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
215 companies in the databaseComparison with the other companies in retail sale of furniture based on the latest financial year.
Industry median: gross profit DKK 2.8m, net profit DKK 178k, equity DKK 2.9m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 3,549of 9,892 Better than 64% | No. 2,366of 9,922 Better than 76% |
| Same industry and 20–49 employees13 companies in the comparison | No. 4of 13 Better than 75% | No. 5of 13 Better than 67% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 2,414of 33,588 Better than 93% | No. 2,968of 33,687 Better than 91% |
| All companies of type ApS66,508 companies in the comparison | No. 3,006of 66,379 Better than 95% | No. 5,419of 66,505 Better than 92% |
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 furnitureLatest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Norr11 Holding ApS100%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Iben Wistrup Schwaner | Director | 24/09/2022 |
| Ludvig Kjærulff | Director | 24/09/2022 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lars Melchior Kongsted Kjeldsen | Board member | 27/10/2022 |
| Erik Preben Holm | Chair of the board | 27/10/2022 |
| Tommy Hyldahl | Board member | 27/10/2022 |
| Jan McNair | Board member | 10/06/2025 |
- Founders
- Norr11 Holding ApS
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Magnús Berg Magnússon | Director | 14/06/2019 | 24/09/2022 |
| Jesper Sjølund | Board member | 27/10/2022 | 10/06/2025 |
Signing rule: Selskabet tegnes af 3 medlemmer af bestyrelsen i forening eller af bestyrelsesformanden i forening med en direktør.
Address and production units
1 active production unitsØstergade 17
1100 København K
København Municipality · Postcode 1100
Other companies at the address (2)
- 101 Copenhagen ApSManufacture of furniture
- Hop Retail ApSOther retail sale of new goods in specialised stores
| Production unit | Address | Employees | P number |
|---|---|---|---|
| NORR11 International ApS | Østergade 17, 1100 København K | 26 | 1024798484 |
Purpose
Selskabets formål er at drive handel og hermed forbundet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
20 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20254 changesaccounts 1 · management 2 · industry 1
- AccountsAnnual report for 2024 published
- ManagementJan McNair appointed board member
- ManagementJesper Sjølund stepped down as board member
- IndustryIndustry changed to Retail sale of furniture (475510)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20228 changesmanagement 7 · accounts 1
- ManagementJesper Sjølund appointed board member
- ManagementLars Melchior Kongsted Kjeldsen appointed board member
- ManagementErik Preben Holm appointed chair of the board
- ManagementTommy Hyldahl appointed board member
- ManagementIben Wistrup Schwaner appointed director
- ManagementLudvig Kjærulff appointed director
- ManagementMagnús Berg Magnússon stepped down as director
- AccountsAnnual report for 2021 published
20212 changescapital 1 · accounts 1
- CapitalShare capital changed from 40,000 DKK to 41,000 DKK
- AccountsAnnual report for 2020 published
20193 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as NORR11 International ApS
- ManagementMagnús Berg Magnússon appointed director
- OwnershipNORR11 HOLDING ApS registered as owner (100%)
Related companies
Same industry in København
- Illums Bolighus A/S277 employees
- Omhu Cph A/S49 employees
- Beau Marché ApS45 employees
- Formel A ApS23 employees
- Brdr. Johansen Møbler ApS20 employees
- Sofanova ApS18 employees
Same people in management
- Brødrene A. & O. Johansen A/Svia Erik Preben Holm
- Sticks 'n' Sushi A/Svia Erik Preben Holm
- SP Moulding A/Svia Erik Preben Holm
- Louis Poulsen A/Svia Erik Preben Holm
- PPG Coatings Danmark A/Svia Erik Preben Holm
- Palsgaard Spær A/Svia Erik Preben Holm
Largest in the industry
- Ikea A/SDKK 1.6bn
- Bolia A/SDKK 394.6m
- Ilva A/SDKK 267.5m
- Illums Bolighus A/SDKK 125.9m
- Sofaco Design ApSDKK 115.9m
- Drømmeland A/SDKK 63.4m
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.