CVRdatabase
Menu

Northern Horizon A/S

Public limited companyCVR 27599397København KActive

Northern Horizon A/S is a public limited company, based in København K, active in management of real estate on a contract basis, founded in 2004. Net profit fell 13% from 2024 to 2025, ending at DKK 1.9m. Gross profit is higher than that of 92% of the companies in the industry in the database.

Follow
PDF reportCompare

Key figures · financial year 2025

RevenueDKK 54.6m+14.3% vs. 2024
Net profitDKK 1.9m−13% vs. 2024
EquityDKK 33.5m+6.2% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 16% (2024 → 2025), to DKK 32.4m.
  • Revenue rose 14% (2024 → 2025), to DKK 54.6m.
  • Net profit fell 13% (2024 → 2025), to DKK 1.9m.
  • Equity rose 6% (2024 → 2025), to DKK 33.5m.

Employees

  • 1 more employees than a year earlier: 5 (08/2026) against 4 (08/2025).

Management and owners, last 24 months

  • New in management: Christoffer Abramson (director, 04/03/2025) and Milda Darguzaite (board member, 10/04/2025).
  • Stepped down: Milda Darguzaite (director, 03/03/2025).
  • New owners registered: Dancasa ApS (03/10/2025), Evli Oyj (03/10/2025) and AB Ramson Invest 2 (03/10/2025) (+1).
  • No longer registered as owner: Dancasa ApS (02/10/2025), Milda Darguzaite (02/05/2025) and Evli Oyj (01/05/2025) (+1).

Registrations, last 24 months

  • 17/06/2025: Name changed from NORTHERN HORIZON CAPITAL A/S to NORTHERN HORIZON A/S

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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
EquityNet profit
Financial figures for Northern Horizon A/S
202020212022202320242025Change
Revenue39,66738,74144,56963,04947,75954,584+14.3%
Gross profit30,86429,73732,58641,35027,93232,433+16.1%
Operating profit (EBIT)5,7572324,08712,4781,627856−47.4%
Profit before tax10,44412,24810,49914,5244,5582,911−36.1%
Net profit6,9239,2256,98510,8242,1891,905−13%
Total assets62,49450,33860,57483,96861,01082,071+34.5%
Equity55,40639,73445,66652,44031,51933,464+6.2%
Liabilities7,08810,60414,90831,52829,49148,607+64.8%
Cash and cash equivalents21,0362,7312,1716,2952,4785,500+122%
Average number of employees353431303029−3.3%

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.

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
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

6 financial years
Annual reports for Northern Horizon A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/04/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202423/04/2025The groupPDFXBRL
202301/01/2023 – 31/12/202309/04/2024The groupPDFXBRL
202201/01/2022 – 31/12/202212/04/2023The groupPDFXBRL
202101/01/2021 – 31/12/202113/04/2022The groupPDFXBRL
202001/01/2020 – 31/12/202007/04/2021The groupPDFXBRL

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
012345609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

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 32.4mNo. 27 of 328
Better than 92% of the companies in the industry
EquityDKK 33.5mNo. 66 of 332
Better than 80% of the companies in the industry
Number of employees5No. 30 of 332
Better than 91% 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. 800of 69,742
Better than 99%
No. 4,124of 69,964
Better than 94%
Same industry and fewer than 20 employees278 companies in the comparison
No. 8of 274
Better than 97%
No. 54of 278
Better than 81%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 2,197of 24,791
Better than 91%
No. 3,138of 24,909
Better than 87%
All companies of type A/S18,025 companies in the comparison
No. 4,146of 17,786
Better than 77%
No. 4,616of 18,024
Better than 74%

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. Northern Horizon A/SDKK 32.4m
  2. Balder Danmark A/SDKK 615.8m
  3. Deas A/SDKK 348.2m
Net profit
  1. Northern Horizon A/SDKK 1.9m
  2. Balder Danmark A/SDKK 765.8m
  3. Deas A/S−DKK 84.5m
Equity
  1. Northern Horizon A/SDKK 33.5m
  2. Balder Danmark A/SDKK 6.4bn
  3. Deas A/SDKK 45.9m
Employees
  1. Northern Horizon A/S5
  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
  • LGMD Holding AG10% · 15% votes
  • Dancasa ApS25% · 33.33% votes
  • Evli Oyj33.33%
  • AB Ramson Invest 25% · 0% votes
Northern Horizon A/S

Management

7 active registrations

Executive management

Executive management at Northern Horizon A/S
NameRoleAppointed
Christoffer AbramsonDirector04/03/2025

Board of directors

Board of directors at Northern Horizon A/S
NameRoleAppointed
Lars Christian OhnemusChair of the board18/05/2011
Jyri Maunu Olavi LehtimäkiBoard member29/09/2011
Juho Ilpo Mathias MikolaBoard member20/03/2018
Niels-Ulrik MoustenBoard member16/05/2019
Caroline HenricsonBoard member27/03/2024
Milda DarguzaiteBoard member10/04/2025
Founders
Center Management ApS, Dancasa ApS, Oü Aktia Trust, Andris Kraujins, Algirdas Jonas Vaitiekunas
Former management (23)
Former management at Northern Horizon A/S
NameRoleAppointedResigned
Finn HasselriisDirector13/01/200425/02/2004
Algirdas Jonas VaitiekunasBoard member13/01/200411/10/2006
Finn HasselriisChair of the board25/02/200417/11/2006
Lars Christian OhnemusDirector25/02/200427/10/2008
Thomas StolborgBoard member29/10/200425/04/2005
Andris KraujinsBoard member29/10/200411/10/2006
Meelis LivakBoard member29/10/200411/10/2006
Leif SkovBoard member25/04/200511/10/2006
Hans Johan LindBoard member11/10/200630/05/2008
Henning Kruse PetersenChair of the board01/10/200730/01/2009
Mikael Hyttel Runegaard ThomsenDirector27/10/200829/10/2012
Finn Christian MoefeltBoard member15/12/200820/05/2010
Søren Dan JohansenChair of the board30/01/200918/05/2011
Jaroslaw DabrowskiBoard member20/05/201022/05/2012
Mikael Hyttel Runegaard ThomsenBoard member18/05/201129/09/2011
Petri Altti Sakari OlkinuoraDeputy chair29/09/201120/03/2018
André Philippe JaeggiBoard member22/05/201215/05/2019
Michael Rudolf SchönachDirector29/10/201229/04/2015
Mari Henriikka EtholénBoard member17/03/201520/03/2018
Michael Rudolf SchönachDirector29/04/201515/05/2018
Milda DarguzaiteBoard member07/12/201513/12/2016
Dovile BurgieneBoard member13/06/201720/03/2018
Milda DarguzaiteDirector15/05/201803/03/2025

Signing rule: Selskabet tegnes af den samlede bestyrelse; eller af en direktør i forening med formanden, næstformanden eller et andet bestyrelsesmedlem; eller af to medlemmer af bestyrelsen i forening.

Address and production units

1 active production units

Christian IX's Gade 2
1111 København K

København Municipality · Postcode 1111

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
NORTHERN HORIZON A/SChristian IX's Gade 2, 2, 1111 København K51010399188

Purpose

Selskabets formål er at udvikle faste ejendomsprodukter i de baltiske og nordiske lande samt i andre stater grænsende op til Østersøen (Den baltiske Region), samt beslægtede aktiviteter, herunder indirekte og direkte investering i fast ejendom samt finansiering heraf.

The purpose is quoted from the register in Danish.

Changes year by year

93 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202513 changesownership 8 · name 1 · accounts 1 · management 3
  • AB Ramson Invest 2 registered as owner (5%)
  • Evli Oyj registered as owner (33.33%)
  • DANCASA ApS registered as owner (25%)
  • Evli Oyj is no longer registered as owner
  • DANCASA ApS is no longer registered as owner
  • Name changed from NORTHERN HORIZON CAPITAL A/S to NORTHERN HORIZON A/S
  • Evli Oyj registered as owner (50%)
  • Milda Darguzaite is no longer registered as owner
  • Evli Oyj is no longer registered as owner
  • Annual report for 2024 published
  • Milda Darguzaite appointed board member
  • Christoffer Abramson appointed director
  • Milda Darguzaite stepped down as director
20242 changesaccounts 1 · management 1
  • Annual report for 2023 published
  • Caroline Henricson appointed board member
20239 changesownership 7 · capital 1 · accounts 1
  • Milda Darguzaite registered as owner (5%)
  • DANCASA ApS registered as owner (33.33%)
  • Evli Oyj registered as owner (33.33%)
  • LGMD Holding AG registered as owner (10%)
  • Evli Oyj is no longer registered as owner
  • LGMD Holding AG is no longer registered as owner
  • DANCASA ApS is no longer registered as owner
  • Share capital changed from 7,000,000 DKK to 8,750,000 DKK
  • Annual report for 2022 published
20223 changesaccounts 1 · ownership 2
  • Annual report for 2021 published
  • Evli Oyj registered as owner (50%)
  • Evli Bank Plc. is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2020 published
20192 changesmanagement 2
  • Niels-Ulrik Mousten appointed board member
  • André Philippe Jaeggi stepped down as board member
20187 changesmanagement 6 · ownership 1
  • Milda Darguzaite appointed director
  • Michael Rudolf Schönach stepped down as director
  • Juho Ilpo Mathias Mikola appointed board member
  • Dovile Burgiene stepped down as board member
  • Mari Henriikka Etholén stepped down as board member
  • Petri Altti Sakari Olkinuora stepped down as deputy chair
  • Dancasa Partners ApS is no longer registered as owner
20171 changemanagement 1
  • Dovile Burgiene appointed board member
20161 changemanagement 1
  • Milda Darguzaite stepped down as board member
20154 changesmanagement 4
  • Milda Darguzaite appointed board member
  • Michael Rudolf Schönach appointed director
  • Michael Rudolf Schönach stepped down as director
  • Mari Henriikka Etholén appointed board member
20141 changename 1
  • Name changed from BPT ASSET MANAGEMENT A/S to NORTHERN HORIZON CAPITAL A/S
20132 changesownership 1 · merger 1
  • LGMD Holding AG registered as owner (15%)
  • Merger registered in CVR
20124 changesmanagement 4
  • Michael Rudolf Schönach appointed director
  • Mikael Hyttel Runegaard Thomsen stepped down as director
  • André Philippe Jaeggi appointed board member
  • Jaroslaw Dabrowski stepped down as board member
201110 changescapital 1 · management 6 · ownership 3
  • Share capital changed from 3,500,000 DKK to 7,000,000 DKK
  • Petri Altti Sakari Olkinuora appointed deputy chair
  • Jyri Maunu Olavi Lehtimäki appointed board member
  • Mikael Hyttel Runegaard Thomsen stepped down as board member
  • Dancasa Partners ApS registered as owner (10%)
  • DANCASA ApS registered as owner (33.33%)
  • Evli Bank Plc. registered as owner (50%)
  • Lars Christian Ohnemus appointed chair of the board
  • Mikael Hyttel Runegaard Thomsen appointed board member
  • Søren Dan Johansen stepped down as chair of the board
20103 changesname 1 · management 2
  • Name changed from BALTIC PROPERTY TRUST ASSET MANAGEMENT A/S to BPT ASSET MANAGEMENT A/S
  • Jaroslaw Dabrowski appointed board member
  • Finn Christian Moefelt stepped down as board member
20093 changesaddress 1 · management 2
  • Moved to Christian IX's Gade 2, 2, 1111 København K
  • Søren Dan Johansen appointed chair of the board
  • Henning Kruse Petersen stepped down as chair of the board
20084 changesmanagement 4
  • Finn Christian Moefelt appointed board member
  • Mikael Hyttel Runegaard Thomsen appointed director
  • Lars Christian Ohnemus stepped down as director
  • Hans Johan Lind stepped down as board member
20071 changemanagement 1
  • Henning Kruse Petersen appointed chair of the board
20066 changesmanagement 6
  • Finn Hasselriis stepped down as chair of the board
  • Hans Johan Lind appointed board member
  • Leif Skov stepped down as board member
  • Meelis Livak stepped down as board member
  • Andris Kraujins stepped down as board member
  • Algirdas Jonas Vaitiekunas stepped down as board member
20055 changescapital 3 · management 2
  • Share capital changed from 2,348,100 DKK to 3,500,000 DKK
  • Share capital changed from 1,991,400 DKK to 2,348,100 DKK
  • Share capital changed from 1,166,400 DKK to 1,991,400 DKK
  • Leif Skov appointed board member
  • Thomas Stolborg stepped down as board member
200410 changescapital 1 · management 8 · founded 1
  • Share capital changed from 67,200 EUR to 1,166,400 DKK
  • Meelis Livak appointed board member
  • Thomas Stolborg appointed board member
  • Andris Kraujins appointed board member
  • Lars Christian Ohnemus appointed director
  • Finn Hasselriis appointed chair of the board
  • Finn Hasselriis stepped down as director
  • Registered as BALTIC PROPERTY TRUST ASSET MANAGEMENT A/S
  • Finn Hasselriis appointed director
  • Algirdas Jonas Vaitiekunas appointed board member

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. 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