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Norse Property Management A/S

Public limited companyCVR 41481188København KActive

Norse Property Management A/S is a public limited company, based in København K, active in management of real estate on a contract basis, founded in 2020. With 12 employees, the company is about 4 times larger than the industry median. Gross profit is higher than that of 84% of the companies in the industry in the database. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 16.3m+7.7% vs. 2024
Net profitDKK 7.1m−3.4% vs. 2024
EquityDKK 9.2m+0.8% vs. 2024
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 8% (2024 → 2025), to DKK 16.3m.
  • Net profit fell 3% (2024 → 2025), to DKK 7.1m.

Employees

  • 1 fewer employees than a year earlier: 12 (07/2026) against 13 (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 2021–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m20212022202320242025
EquityNet profit
Financial figures for Norse Property Management A/S
20212022202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit5,3478,50612,30315,10316,271+7.7%
Operating profit (EBIT)2512,1926,0739,2929,086−2.2%
Profit before tax2192,1846,1019,3999,082−3.4%
Net profit1661,7004,7527,3157,070−3.4%
Total assets1,6034,5448,04711,13811,486+3.1%
Equity5662,2666,0189,1339,203+0.8%
Liabilities9842,2151,9831,9652,251+14.6%
Cash and cash equivalents2462,7295,5719,1599,320+1.8%
Average number of employees789990%

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 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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16m20212022202320242025
Gross profitMedian, the industry (332 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

5 financial years
Annual reports for Norse Property Management A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202510/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202313/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202215/03/2023The companyPDFXBRL
202101/07/2020 – 31/12/202108/06/2022The 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
0246810121408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

332 companies in the database

Comparison with the other companies in management of real estate on a contract basis based on the latest financial year.

Gross profitDKK 16.3mNo. 54 of 328
Better than 84% of the companies in the industry
EquityDKK 9.2mNo. 123 of 332
Better than 63% of the companies in the industry
Number of employees12No. 99 of 332
Better than 70% of the companies in the industry

Industry median: gross profit DKK 2.6m, net profit DKK 401k, equity DKK 3.8m, 3 employees.

DKK 100kDKK 886kDKK 7.8mDKK 69.5mDKK 297.6mHere
Distribution of gross profit for 292 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. 2,117of 69,742
Better than 97%
No. 9,582of 69,964
Better than 86%
Same industry and fewer than 20 employees278 companies in the comparison
No. 17of 274
Better than 94%
No. 95of 278
Better than 66%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 2,596of 33,588
Better than 92%
No. 3,972of 33,687
Better than 88%
All companies of type A/S18,025 companies in the comparison
No. 6,853of 17,786
Better than 61%
No. 9,085of 18,024
Better than 50%

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

Management of real estate on a contract basis
Gross profit
  1. Norse Property Management A/SDKK 16.3m
  2. Balder Danmark A/SDKK 615.8m
  3. Deas A/SDKK 348.2m
Net profit
  1. Norse Property Management A/SDKK 7.1m
  2. Balder Danmark A/SDKK 765.8m
  3. Deas A/S−DKK 84.5m
Equity
  1. Norse Property Management A/SDKK 9.2m
  2. Balder Danmark A/SDKK 6.4bn
  3. Deas A/SDKK 45.9m
Employees
  1. Norse Property Management A/S12
  2. Balder Danmark A/S108
  3. Deas A/S503

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
  • C. C. Warburg ApS50%
  • Bojes ApS50%
Norse Property Management A/S

Management

7 active registrations

Executive management

Executive management at Norse Property Management A/S
NameRoleAppointed
Leif Boje EspesenCEO07/09/2020
Christian WarburgDirector07/09/2020

Board of directors

Board of directors at Norse Property Management A/S
NameRoleAppointed
Leif Boje EspesenBoard member07/09/2020
Christian WarburgBoard member07/09/2020
Vibeke KrogsgaardBoard member17/04/2023
Torben Korsbek JuulChair of the board17/04/2023
Camilla WarburgBoard member17/04/2023
Founders
Thylander A/S
Former management (4)
Former management at Norse Property Management A/S
NameRoleAppointedResigned
Carsten Viggo BækBoard member01/07/202009/06/2021
Lars Leo ThylanderChair of the board01/07/202017/04/2023
Kristian Victor KroghBoard member01/07/202017/04/2023
Kristian Victor KroghDirector01/07/202007/09/2020

Signing rule: Selskabet tegnes af to direktører i forening eller af den administrerende direktør i forening med to bestyrelsesmedlemmer eller af en direktør i forening med to bestyrelsesmedlemmer eller af tre bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

1 active production units

Bredgade 45A
1260 København K

København Municipality · Postcode 1260

Production units
Production unitAddressEmployeesP number
Norse Property Management A/SBredgade 45A, 2. tv, 1260 København K151025987752

Purpose

Selskabets formål er at drive virksomhed indenfor administration og forvaltning af fast ejendom samt relateret rådgivning og services.

The purpose is quoted from the register in Danish.

Changes year by year

35 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20236 changesmanagement 5 · accounts 1
  • Vibeke Krogsgaard appointed board member
  • Camilla Warburg appointed board member
  • Torben Korsbek Juul appointed chair of the board
  • Lars Leo Thylander stepped down as chair of the board
  • Kristian Victor Krogh stepped down as board member
  • Annual report for 2022 published
20227 changesownership 5 · accounts 1 · address 1
  • C. C. Warburg ApS registered as owner (50%)
  • Bojes ApS registered as owner (50%)
  • Thylander A/S is no longer registered as owner
  • C. C. Warburg ApS is no longer registered as owner
  • Bojes ApS is no longer registered as owner
  • Annual report for 2021 published
  • Moved to Bredgade 45A, 2. tv, 1260 København K
20211 changemanagement 1
  • Carsten Viggo Bæk stepped down as board member
202018 changesaddress 1 · name 1 · industry 1 · management 9 · ownership 5 · founded 1
  • Moved to Sundkrogsgade 7, 2100 København Ø
  • Name changed from TGAM A/S to Norse Property Management A/S
  • Industry changed to Management of real estate on a contract basis (683210)
  • Leif Boje Espesen appointed ceo
  • Leif Boje Espesen appointed board member
  • Christian Warburg appointed board member
  • Christian Warburg appointed director
  • Kristian Victor Krogh stepped down as director
  • Thylander A/S registered as owner (33.33%)
  • C. C. Warburg ApS registered as owner (25%)
  • Bojes ApS registered as owner (25%)
  • Thylander A/S is no longer registered as owner
  • Registered as TGAM A/S
  • Lars Leo Thylander appointed chair of the board
  • Kristian Victor Krogh appointed director
  • Carsten Viggo Bæk appointed board member
  • Kristian Victor Krogh appointed board member
  • Thylander A/S registered as owner (100%)

Related companies

Same industry in København

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.

View in CVRReport a correction