Riskpilot← Back to searchSign inGet full accessNORTHERN HORIZON A/S
A/SActiveCVR 27599397Christian IX's Gade 2, 2.Other real estate activities on a fee or contract basis · NACE 6832Est. 20044 employeeshttps://www.nh-cap.com/
Revenue 2025
DKK 11,9M
+78% vs 2024
EBITDA margin
-20.6%
-140% vs 2024
Equity ratio
59.7%
Financial strength
Net profit 2025
DKK 2M
+101550% vs 2024
| Revenue | DKK 11,9M | +78% |
| EBITDA | DKK -2,4M | -140% |
| Net profit | DKK 2M | +101550% |
| Total assets | DKK 52,4M | -23% |
| Equity | DKK 31,3M | +7% |
| Employees | 4 | — |
Legal name
NORTHERN HORIZON A/S
CVR number
27599397
Legal form
Aktieselskab
NACE code
6832 · Other real estate activities on a fee or contract basis
Founded
13. januar 2004
Share capital
DKK 8.750.000
Employees
4 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
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.
Company 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.
Address
Christian IX's Gade 2, 2.
Phone
+4533690733
Website
https://www.nh-cap.com/
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 67.717 | 63.582 | 67.858 | 79.536 | 52.899 | 96.065 | 37.845 | 2.077 | -657 | 8.830 | 12.510 | 6.640 | 11.852 |
| Staff expenses | -35.821 | -34.464 | -39.841 | -31.911 | -33.183 | -33.724 | -26.162 | -5.082 | -5.493 | -6.555 | -7.099 | -7.150 | -5.547 |
| EBITDA | 11.475 | 10.016 | -7.645 | 28.480 | 4.726 | 47.787 | -911 | -7.635 | -8.705 | -2.735 | 1.011 | 6.133 | -2.447 |
| Depreciation & amort. | -5.030 | -4.789 | -5.244 | -5.040 | -5.262 | -6.646 | -368 | -161 | -156 | -164 | -170 | -21 | -15 |
| EBIT | 6.446 | 5.227 | -12.889 | 23.440 | -536 | 41.141 | -1.279 | -7.796 | -8.861 | -2.899 | 841 | 6.112 | -2.462 |
| Net financials | 191 | -279 | 33.394 | 3.135 | 16.646 | 16.569 | -3.894 | 3.720 | 144 | 7.479 | 10.947 | 6.618 | 4.491 |
| Profit before tax | 6.637 | 4.949 | 20.505 | 26.574 | 17.871 | 57.822 | -2.347 | 3.881 | 5.170 | 4.580 | 10.130 | 506 | 2.029 |
| Tax | 1.333 | 827 | -2.272 | 9.652 | 544 | 16.824 | -152 | 1.022 | -0 | -0 | 288 | 508 | -0 |
| Net profit | 5.054 | 4.122 | 22.777 | 16.922 | 17.327 | 40.998 | -2.195 | 2.859 | 5.170 | 4.580 | 9.842 | -2 | 2.029 |
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 68.787 | 64.739 | 84.364 | 62.638 | 76.658 | 135.021 | 66.111 | 81.346 | 71.401 | 77.913 | 74.956 | 67.905 | 52.414 |
| Equity | 48.635 | 46.094 | 58.067 | 23.774 | 43.009 | 59.270 | 47.569 | 48.486 | 28.618 | 30.177 | 35.472 | 29.220 | 31.290 |
| Long-term debt | 985 | 983 | 985 | 981 | 0 | 26.307 | 336 | 26.490 | 31.605 | 29.969 | 33.741 | 15.746 | 14.965 |
| Short-term debt | 18.859 | 17.033 | 25.287 | 36.054 | 31.668 | 49.282 | 18.194 | 6.370 | 11.178 | 17.767 | 5.743 | 22.939 | 6.159 |
| Total debt | 19.844 | 18.015 | 26.272 | 37.036 | 31.668 | 75.589 | 18.530 | 32.860 | 42.783 | 47.736 | 39.484 | 38.685 | 21.124 |
EBITDA margin
-20.6%
This company
15.8%
Market median
-230% vs market
20132025
Equity ratio
59.7%
This company
38.2%
Market median
+56% vs market
20132025
Return on equity
6.5%
This company
18.4%
Market median
-65% vs market
20132025
Net profit margin
17.1%
This company
8.1%
Market median
+111% vs market
20132025
Asset turnover
0.23×
This company
1.12×
Market median
-79% vs market
20132025
Debt / equity
0.68×
This company
0.62×
Market median
+10% vs market
20132025
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
OA Founder | Founder | 2004 | — | — |
MR Management | Management | 2012 | — | — |
CA Management | Management | 2025 | — | — |
MR Management | Management | 2015 | — | — |
AJ Founder | Founder | 2004 | — | — |
MH Management | Management | 2008 | — | — |
AK Founder | Founder | 2004 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2008 | — | — | |
| Chairman | 2007 | — | — | |
| Board of Directors | 2010 | — | — | |
| Board of Directors | 2004 | — | — | |
| Chairman | 2011 | — | — | |
| Deputy Chairman | 2011 | — | — | |
| Board of Directors | 2012 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2011 | — | — | |
| Board of Directors | 2015 | — | — | |
| Chairman | 2004 | — | — | |
| Board of Directors | 2018 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2005 | — | — | |
| Chairman | 2009 | — | — | |
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2015 | — | — | |
| Board of Directors | 2004 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 33.3% | 33.3% | 2025 | |
DANCASA ApS | Company | 25.0% | 33.3% | 2025 |
| Individual | 10.0% | 15.0% | 2023 | |
| Individual | 5.0% | 0.0% | 2025 | |
Dancasa Partners ApS | Company | 10.0% | 10.0% | 2011 |
| Individual | 50.0% | 33.3% | 2011 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
DANCASA ApS
NORTHERN HORIZON A/S Board members of NORTHERN HORIZON A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| OÜ AKTIA TRUST | Founder | 0 companies |
| Michael Rudolf Schönach | Management | 0 companies |
| Christoffer Abramson | Management | 0 companies |
| Michael Rudolf Schönach | Management | 0 companies |
| Algirdas Jonas Vaitiekunas | Founder | 0 companies |
| Mikael Hyttel Runegaard Thomsen | Management | 0 companies |
| Andris Kraujins | Founder | 0 companies |
| Niels-Ulrik Mousten | Board of Directors | 0 companies |
| Milda Darguzaite | Board of Directors | 0 companies |
| Finn Christian Moefelt | Board of Directors | 0 companies |
| Henning Kruse Petersen | Chairman | 0 companies |
| Jaroslaw Dabrowski | Board of Directors | 0 companies |
| Meelis Livak | Board of Directors | 0 companies |
| Lars Christian Ohnemus | Chairman | 0 companies |
| Petri Altti Sakari Olkinuora | Deputy Chairman | 0 companies |
| André Philippe Jaeggi | Board of Directors | 0 companies |
| Caroline Henricson | Board of Directors | 0 companies |
| Jyri Maunu Olavi Lehtimäki | Board of Directors | 0 companies |
| Mari Henriikka Etholén | Board of Directors | 0 companies |
| Finn Hasselriis | Chairman | 0 companies |
| Juho Ilpo Mathias Mikola | Board of Directors | 0 companies |
| Hans Johan Lind | Board of Directors | 0 companies |
| Leif Skov | Board of Directors | 0 companies |
| Søren Dan Johansen | Chairman | 0 companies |
| Dovile Burgiene | Board of Directors | 0 companies |
| Milda Darguzaite | Board of Directors | 0 companies |
| Thomas Stolborg | Board of Directors | 0 companies |