CVRdatabase
Menu

True North ApS

Private limited companyCVR 30562569HørsholmActive

True North ApS is a private limited company, based in Hørsholm, active in other education n.e.c., founded in 2008. Net profit fell 15% from 2024 to 2025, ending at DKK 2.1m. With 21 employees, the company is about 11 times larger than the industry median. Gross profit is higher than that of 87% of the companies in the industry in the database.

Follow
PDF reportCompare

Key figures · financial year 2025

Gross profitDKK 6.8m+6.3% vs. 2024
Net profitDKK 2.1m−15.5% vs. 2024
EquityDKK 2.4m+5% vs. 2024
Employees21latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 6% (2024 → 2025), to DKK 6.8m.
  • Net profit fell 15% (2024 → 2025), to DKK 2.1m.
  • Equity rose 5% (2024 → 2025), to DKK 2.4m.

Employees

  • 14 fewer employees than a year earlier: 21 (08/2026) against 35 (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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5m202020212022202320242025
EquityNet profit
Financial figures for True North ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,1873,0144,1203,9696,4096,815+6.3%
Operating profit (EBIT)6703309621,3542,7542,639−4.2%
Profit before tax6613151,6191,4123,1202,715−13%
Net profit5152441,4041,1072,5032,116−15.5%
Total assets3,9722,7173,0323,2335,7617,890+36.9%
Equity9393831,5421,2502,3332,449+5%
Liabilities3,0332,3341,4901,9843,4295,441+58.7%
Cash and cash equivalents2,3511,2719691,5994,5884,134−9.9%
Average number of employees235456+20%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (340 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 True North ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202410/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202330/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202201/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202101/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202029/06/2021The 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
0102030405009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

340 companies in the database

Comparison with the other companies in other education n.e.c. based on the latest financial year.

Gross profitDKK 6.8mNo. 44 of 340
Better than 87% of the companies in the industry
EquityDKK 2.4mNo. 46 of 340
Better than 87% of the companies in the industry
Number of employees21No. 52 of 340
Better than 85% of the companies in the industry

Industry median: gross profit DKK 1.3m, net profit DKK 92,192, equity DKK 396k, 2 employees.

DKK 100kDKK 641kDKK 4.1mDKK 26.4mDKK 91mHere
Distribution of gross profit for 316 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. 6,927of 9,892
Better than 30%
No. 6,176of 9,922
Better than 38%
Same industry and 20–49 employees21 companies in the comparison
No. 16of 21
Better than 25%
No. 9of 21
Better than 60%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 7,917of 24,791
Better than 68%
No. 13,453of 24,909
Better than 46%
All companies of type ApS66,508 companies in the comparison
No. 9,776of 66,379
Better than 85%
No. 18,089of 66,505
Better than 73%

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

Other education n.e.c.
Gross profit
  1. True North ApSDKK 6.8m
  2. Ucplus A/SDKK 169.1m
  3. Forsikrings- og Pensionsakademiet A/SDKK 109.4m
Net profit
  1. True North ApSDKK 2.1m
  2. Ucplus A/SDKK 2.4m
  3. Forsikrings- og Pensionsakademiet A/S−DKK 864k
Equity
  1. True North ApSDKK 2.4m
  2. Ucplus A/SDKK 26.7m
  3. Forsikrings- og Pensionsakademiet A/SDKK 95.5m
Employees
  1. True North ApS21
  2. Ucplus A/S378
  3. Forsikrings- og Pensionsakademiet A/S245

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
  • Højstrøm Holding ApS10%
  • Moltke-leth ApS90%
True North ApS

Management

2 active registrations

Executive management

Executive management at True North ApS
NameRoleAppointed
Nicolai Moltke-LethDirector28/06/2024

Board of directors

Board of directors at True North ApS
NameRoleAppointed
Nicolai Moltke-LethChair of the board05/11/2018
Founders
Moltke-leth ApS
Former management (11)
Former management at True North ApS
NameRoleAppointedResigned
Nicolai Moltke-LethDirector17/01/200810/05/2016
Casper Moltke-LethChair of the board04/11/201319/04/2017
Ulrik BülowBoard member04/11/201304/11/2014
Lars Bo JeppesenBoard member04/11/201306/10/2016
Nicolai Moltke-LethBoard member04/11/201419/04/2017
Jan BendixBoard member07/05/201519/04/2017
Søren Steener OlsenCEO04/09/201511/05/2016
Nicolai Moltke-LethCEO11/05/201605/11/2018
Karen Marie MadsenBoard member11/05/201619/04/2017
Christian Hjorth LundCEO05/11/201831/01/2022
Eva Cathrine Moltke-LethDirector05/11/201828/06/2024

Signing rule: Selskabet tegnes af én direktør eller et bestyrelsesmedlem.

Address and production units

1 active production units

Rungstedvej 41
2970 Hørsholm

Hørsholm Municipality · Postcode 2970

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
TRUE NORTH ApSRungstedvej 41, 2970 Hørsholm211014117209

Purpose

Selskabets formål er handel og investering samt hermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

44 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20244 changesaccounts 1 · management 2 · address 1
  • Annual report for 2023 published
  • Nicolai Moltke-Leth appointed director
  • Eva Cathrine Moltke-Leth stepped down as director
  • Moved to Rungstedvej 41, 2970 Hørsholm
20232 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Sneppevang 5, 3450 Allerød
20225 changesaccounts 1 · management 1 · ownership 3
  • Annual report for 2021 published
  • Christian Hjorth Lund stepped down as ceo
  • MOLTKE-LETH ApS registered as owner (90%)
  • CHLH ApS is no longer registered as owner
  • MOLTKE-LETH ApS is no longer registered as owner
20214 changesaccounts 1 · ownership 3
  • Annual report for 2020 published
  • CHLH ApS registered as owner (15%)
  • Højstrøm Holding ApS registered as owner (10%)
  • CHLH ApS is no longer registered as owner
20185 changesmanagement 4 · ownership 1
  • Nicolai Moltke-Leth appointed chair of the board
  • Eva Cathrine Moltke-Leth appointed director
  • Christian Hjorth Lund appointed ceo
  • Nicolai Moltke-Leth stepped down as ceo
  • CHLH ApS registered as owner (20%)
20174 changesmanagement 4
  • Karen Marie Madsen stepped down as board member
  • Jan Bendix stepped down as board member
  • Nicolai Moltke-Leth stepped down as board member
  • Casper Moltke-Leth stepped down as chair of the board
20165 changesmanagement 5
  • Lars Bo Jeppesen stepped down as board member
  • Nicolai Moltke-Leth appointed ceo
  • Karen Marie Madsen appointed board member
  • Søren Steener Olsen stepped down as ceo
  • Nicolai Moltke-Leth stepped down as director
20153 changesaddress 1 · management 2
  • Moved to Lyngsø Alle 3, 2970 Hørsholm
  • Søren Steener Olsen appointed ceo
  • Jan Bendix appointed board member
20143 changesmanagement 2 · address 1
  • Nicolai Moltke-Leth appointed board member
  • Ulrik Bülow stepped down as board member
  • Moved to Savsvinget 7, 2970 Hørsholm
20133 changesmanagement 3
  • Lars Bo Jeppesen appointed board member
  • Ulrik Bülow appointed board member
  • Casper Moltke-Leth appointed chair of the board
20084 changesindustry 1 · founded 1 · management 1 · ownership 1
  • Industry changed to Other education n.e.c. (855900)
  • Registered as TRUE NORTH ApS
  • Nicolai Moltke-Leth appointed director
  • MOLTKE-LETH ApS registered as owner (66.67%)

Related companies

Same people in management

Largest in the industry

See all →

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