TG Nordic ApS

Private limited companyCVR 43007017København ØActive

TG Nordic ApS is a private limited company, based in København Ø, active in non-financial holding companies, founded in 2022. The company made a loss in both 2024 and 2025, most recently DKK 14.6m. With 3 employees, the company is about 3 times larger than the industry median. Equity grew to DKK 529.2m in 2025.

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Key figures · financial year 2025

Gross profitDKK 92,000−38.3% vs. 2024
Net profit−DKK 14.6m−113.7% vs. 2024
EquityDKK 529.2m+186% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 38% (2024 → 2025), to DKK 92,000.
  • The loss grew: from DKK 6.8m to DKK 14.6m (2024 → 2025).
  • Equity rose 186% (2024 → 2025), to DKK 529.2m.

Management and owners, last 24 months

  • New in management: Yukimaro Murata (chair of the board, 31/03/2026), Hirokazu Serizawa (board member, 31/03/2026) and Hidehiko Urushibara (board member, 31/03/2026) (+1).
  • Stepped down: Hiroshi Takada (board member, 31/03/2026), Satoshi Sugisaki (board member, 30/06/2026) and Atsunori Takeuchi (chair of the board, 31/03/2026) (+1).

Registrations, last 24 months

  • 29/09/2026: Share capital changed from 150,000 DKK to 160,000 DKK
  • 01/06/2026: Share capital changed from 140,000 DKK to 150,000 DKK
  • 31/03/2026: Share capital changed from 130,000 DKK to 140,000 DKK
  • 11/12/2025: Share capital changed from 120,000 DKK to 130,000 DKK
  • 31/07/2025: Share capital changed from 110,000 DKK to 120,000 DKK
  • 30/06/2025: Share capital changed from 100,000 DKK to 110,000 DKK

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 2022–2025 · amounts in DKK thousand

Equity and net profit

−DKK 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m2022202320242025
EquityNet profit
Financial figures for TG Nordic ApS
2022202320242025Change
Revenuenot statednot statednot statednot stated–
Gross profit17634114992−38.3%
Operating profit (EBIT)–−15,769–−15,286–
Profit before tax5,551−15,344−6,815−14,565−113.7%
Net profit5,551−15,344−6,815−14,565−113.7%
Total assets188,287189,064186,574531,387+184.8%
Equity176,856185,849185,034529,173+186%
Liabilities11,4313,2151,5402,214+43.8%
Cash and cash equivalents12,51813,3978,7476,785−22.4%

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 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 50,000DKK 0DKK 50,000DKK 100kDKK 150kDKK 200kDKK 250kDKK 300kDKK 350k2022202320242025
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    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

4 financial years
Annual reports for TG Nordic ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202326/06/2024The companyPDFXBRL
202224/01/2022 – 31/12/202203/07/2023The 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
011223308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profitDKK 92,000No. 741 of 2,093
Better than 65% of the companies in the industry
EquityDKK 529.2mNo. 149 of 2,138
Better than 93% of the companies in the industry
Number of employees3No. 339 of 2,138
Better than 84% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bn
Distribution of gross profit for 820 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. 61,188of 69,742
Better than 12%
No. 414of 69,964
Better than 99%
Same industry and fewer than 20 employees2,092 companies in the comparison
No. 705of 2,048
Better than 66%
No. 138of 2,092
Better than 93%
Companies that are founded within the last five years16,662 companies in the comparison
No. 14,456of 16,614
Better than 13%
No. 59of 16,661
Better than 100%
All companies of type ApS66,508 companies in the comparison
No. 58,831of 66,379
Better than 11%
No. 207of 66,505
Better than 100%

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

Non-financial holding companies
Gross profit
  1. TG Nordic ApSDKK 92,000
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. TG Nordic ApS−DKK 14.6m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. TG Nordic ApSDKK 529.2m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. TG Nordic ApS3
  2. Heartland A/S34
  3. Andel A.M.B.A.28

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
  • Tokyo Gas Co., Ltd.100%
TG Nordic ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

7 active registrations

Executive management

Executive management at TG Nordic ApS
NameRoleAppointed
Rasmus Buhl MøllerDirector01/07/2022
Hiroyuki SuzukiCEO01/07/2022

Board of directors

Board of directors at TG Nordic ApS
NameRoleAppointed
Hiroyuki SuzukiBoard member01/07/2022
Yukimaro MurataChair of the board31/03/2026
Hirokazu SerizawaBoard member31/03/2026
Hidehiko UrushibaraBoard member31/03/2026
Takuro KatsuBoard member30/06/2026
Auditor
KPMG P/S
Founders
Tokyo Gas Co., Ltd.
Former management (13)
Former management at TG Nordic ApS
NameRoleAppointedResigned
Satoshi TanazawaChair of the board24/01/202201/04/2022
Koji YoshizakiBoard member24/01/202201/04/2022
Ken FurukawaBoard member24/01/202231/05/2023
Akira OnoBoard member24/01/202201/04/2022
Hiroyuki SuzukiDirector24/01/202201/07/2022
Hiroyuki SuzukiBoard member24/01/202201/07/2022
Takatoshi SeikiBoard member24/01/202231/03/2023
Yumiko YaoChair of the board01/04/202231/03/2024
Hitoshi NojimaBoard member01/04/202231/03/2024
Hiroshi TakadaBoard member31/03/202331/03/2026
Satoshi SugisakiBoard member31/05/202330/06/2026
Atsunori TakeuchiChair of the board31/03/202431/03/2026
Naoki IkegamiBoard member31/03/202431/03/2026

Signing rule: Selskabet tegnes af den administrerende direktør.

Address and production units

1 active production units

Dampfærgevej 27
2100 København Ø

København Municipality · Postcode 2100

Other companies at the address (1)

  • Capiital ApSBusiness and other management consultancy activities
Production units
Production unitAddressEmployeesP number
TG Nordic ApSDampfærgevej 27, 2100 København Ø31027937906

Purpose

Selskabets formål er at virke som holdingselskab, at foretage investering og formuepleje, samt anden dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

52 registered events
202612 changescapital 3 · management 8 · accounts 1
  • Share capital changed from 150,000 DKK to 160,000 DKK
  • Takuro Katsu appointed board member
  • Satoshi Sugisaki stepped down as board member
  • Annual report for 2025 published
  • Share capital changed from 140,000 DKK to 150,000 DKK
  • Share capital changed from 130,000 DKK to 140,000 DKK
  • Hidehiko Urushibara appointed board member
  • Hirokazu Serizawa appointed board member
  • Yukimaro Murata appointed chair of the board
  • Atsunori Takeuchi stepped down as chair of the board
  • Naoki Ikegami stepped down as board member
  • Hiroshi Takada stepped down as board member
20255 changescapital 4 · accounts 1
  • Share capital changed from 120,000 DKK to 130,000 DKK
  • Share capital changed from 110,000 DKK to 120,000 DKK
  • Share capital changed from 100,000 DKK to 110,000 DKK
  • Annual report for 2024 published
  • Share capital changed from 90,000 DKK to 100,000 DKK
20246 changescapital 1 · accounts 1 · management 4
  • Share capital changed from 80,000 DKK to 90,000 DKK
  • Annual report for 2023 published
  • Atsunori Takeuchi appointed chair of the board
  • Naoki Ikegami appointed board member
  • Yumiko Yao stepped down as chair of the board
  • Hitoshi Nojima stepped down as board member
20237 changesaccounts 1 · management 4 · capital 2
  • Annual report for 2022 published
  • Satoshi Sugisaki appointed board member
  • Ken Furukawa stepped down as board member
  • Share capital changed from 70,000 DKK to 80,000 DKK
  • Hiroshi Takada appointed board member
  • Takatoshi Seiki stepped down as board member
  • Share capital changed from 60,000 DKK to 70,000 DKK
202222 changesaddress 1 · management 17 · capital 2 · founded 1 · ownership 1
  • Moved to Dampfærgevej 27, 2100 København Ø
  • Hiroyuki Suzuki appointed ceo
  • Rasmus Buhl Møller appointed director
  • Hiroyuki Suzuki appointed board member
  • Hiroyuki Suzuki stepped down as board member
  • Hiroyuki Suzuki stepped down as director
  • Yumiko Yao appointed chair of the board
  • Hitoshi Nojima appointed board member
  • Satoshi Tanazawa stepped down as chair of the board
  • Akira Ono stepped down as board member
  • Koji Yoshizaki stepped down as board member
  • Share capital changed from 50,000 DKK to 60,000 DKK
  • Share capital changed from 40,000 DKK to 50,000 DKK
  • Registered as TG Nordic ApS
  • Hiroyuki Suzuki appointed board member
  • Takatoshi Seiki appointed board member
  • Satoshi Tanazawa appointed chair of the board
  • Hiroyuki Suzuki appointed director
  • Akira Ono appointed board member
  • Ken Furukawa appointed board member
  • Koji Yoshizaki appointed board member
  • Tokyo Gas Co., Ltd. registered as owner (100%)

Related companies

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