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Norse Projects ApS

Private limited companyCVR 19536009København KActive

Norse Projects ApS is a private limited company, based in København K, active in wholesale of clothing, founded in 1996. Net profit fell 66% from 2024 to 2025, ending at DKK 1.3m. With 32 employees, the company is about 6 times larger than the industry median. Gross profit is higher than that of 80% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 18.4m−19% vs. 2024
Net profitDKK 1.3m−66.4% vs. 2024
EquityDKK 26.8m−6% vs. 2024
Employees32latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 19% (2024 → 2025), to DKK 18.4m.
  • Net profit fell 66% (2024 → 2025), to DKK 1.3m.
  • Equity fell 6% (2024 → 2025), to DKK 26.8m.

Employees

  • 1 fewer employees than a year earlier: 32 (08/2026) against 33 (08/2025).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35m202020212022202320242025
EquityNet profit
Financial figures for Norse Projects ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit26,04126,44523,50122,97022,64918,354−19%
Operating profit (EBIT)13,79212,1896,2364,0294,9761,783−64.2%
Profit before tax13,66912,1136,5713,4465,0251,695−66.3%
Net profit10,6259,4315,1042,6733,8731,300−66.4%
Total assets45,61147,87836,66248,04143,72836,342−16.9%
Equity35,43134,86230,96629,64028,51226,812−6%
Liabilities10,18013,0155,69618,40115,2169,530−37.4%
Cash and cash equivalents23,72328,3637,16010,9108,2845,045−39.1%
Average number of employees2927–353026−13.3%

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

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
Gross profitMedian, the industry (356 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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 Norse Projects ApS
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202523/12/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202418/12/2024The companyPDFXBRL
202301/07/2022 – 30/06/202316/01/2024The companyPDFXBRL
202201/07/2021 – 30/06/202213/01/2023The companyPDFXBRL
202101/07/2020 – 30/06/202115/12/2021The companyPDFXBRL
202001/07/2019 – 30/06/202021/12/2020The 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
0510152025303509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

356 companies in the database

Comparison with the other companies in wholesale of clothing based on the latest financial year.

Gross profitDKK 18.4mNo. 73 of 356
Better than 80% of the companies in the industry
EquityDKK 26.8mNo. 62 of 356
Better than 83% of the companies in the industry
Number of employees32No. 57 of 356
Better than 84% of the companies in the industry

Industry median: gross profit DKK 3.9m, net profit DKK 258k, equity DKK 3.4m, 5 employees.

DKK 100kDKK 1.3mDKK 17.2mDKK 224.7mDKK 1.2bnHere
Distribution of gross profit for 331 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 20–49 employees9,922 companies in the comparison
No. 3,255of 9,892
Better than 67%
No. 1,335of 9,922
Better than 87%
Same industry and 20–49 employees60 companies in the comparison
No. 31of 60
Better than 49%
No. 17of 60
Better than 73%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,996of 10,152
Better than 70%
No. 2,922of 10,275
Better than 72%
All companies of type ApS66,508 companies in the comparison
No. 2,741of 66,379
Better than 96%
No. 3,425of 66,505
Better than 95%

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 clothing
Gross profit
  1. Norse Projects ApSDKK 18.4m
  2. DK Company A/SDKK 2.9bn
  3. Sports Connection ApSDKK 439.2m
Net profit
  1. Norse Projects ApSDKK 1.3m
  2. DK Company A/SDKK 309.3m
  3. Sports Connection ApSDKK 315.1m
Equity
  1. Norse Projects ApSDKK 26.8m
  2. DK Company A/SDKK 1.3bn
  3. Sports Connection ApSDKK 620.5m
Employees
  1. Norse Projects ApS32
  2. DK Company A/S467
  3. Sports Connection ApS76

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
  • Six-sigma ApS100%
Norse Projects ApS

Management

1 active registrations

Executive management

Executive management at Norse Projects ApS
NameRoleAppointed
Tobia SlothDirector02/09/1996
Founders
Tobia Sloth

Signing rule: Selskabet tegnes af direktøren alene.

Address and production units

2 active production units

Kanonbådsvej 12A
1437 København K

København Municipality · Postcode 1437

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Norse Projects ApSKanonbådsvej 12A, 1437 København K81003859216
Norse Projects ApS - LagerLaplandsgade 11, 2300 København S51018249932

Purpose

Selskabets formål er fremstilling af tøj og handel hermed.

The purpose is quoted from the register in Danish.

Changes year by year

15 registered events
20251 changeaccounts 1
  • Annual report for 2025 published
20242 changesaccounts 2
  • Annual report for 2024 published
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20212 changesaccounts 1 · address 1
  • Annual report for 2021 published
  • Moved to Kanonbådsvej 12A, 1437 København K
20201 changeaccounts 1
  • Annual report for 2020 published
20191 changename 1
  • Name changed from CALIFORNIA SPORTS ApS to Norse Projects ApS
20161 changeaddress 1
  • Moved to Vestergade 12A, 2, 1456 København K
20081 changeaddress 1
  • Moved to Vestergade 12A, 1, 1456 København K
20021 changeownership 1
  • SIX-SIGMA ApS registered as owner (100%)
20002 changesaddress 1 · name 1
  • Moved to Larsbjørnsstræde 10, 1, 1454 København K
  • Name changed from STREET MACHINE DANMARK ApS to CALIFORNIA SPORTS ApS
19962 changesfounded 1 · management 1
  • Registered as STREET MACHINE DANMARK ApS
  • Tobia Sloth appointed director

Related companies

Same industry in København

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Same people in management

Largest in the industry

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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.

View in CVRReport a correction