Norva24 Danmark A/S
A/SActiveCVR 10206987Ringager 2B, 2605 BrøndbySewerage· NACE 3700Est. 1986 · 40 years old183 employeeshttps://www.norva24.dk
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Overview
Norva24 Danmark A/S is a Danish A/S based in Brøndby, operating in the Sewerage sector. Incorporated in 1986, the company has 183 employees and reported a gross profit of DKK 166.6m in its latest annual filing.
Gross profit 2025
166.6M DKK
+2% vs 2024
EBITDA margin (of gross profit)
24.0 %
−9% vs 2024
Net profit 2025
-2M DKK
-128% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
17.6 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.0×
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-0.5 %
WeakAmong the 30% lowest rated companies in the industry
20212025
EBITDA — year on year
DKK millionsKey figures
Annual report 2025| Gross profit | 166.6M DKK | +2% |
| EBITDA | 39.9M DKK | -9% |
| Net profit | -2M DKK | -128% |
| Total assets | 394.3M DKK | -4% |
| Equity | 69.4M DKK | +30% |
| Employees | 183 | — |
Company information
Legal name
Norva24 Danmark A/S
CVR number
10206987
Legal form
Aktieselskab
NACE code
3700 · Sewerage
Founded
13 March 1986 · 40 years
Share capital
DKK 510,000
Employees
183 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af bestyrelsesformanden i forening med en direktør, eller to bestyrelsesmedlemmer i forening.
Company purpose
Selskabets formål er at drive handel og industri samt anden hermed beslægtet virksomhed, der efter bestyrelsens skøn står i forbindelse hermed.
(no translation available)
Contact
Address
Ringager 2B, 2605 Brøndby
Phone
+45 7012 0222
Email
norva24.kloak@norva24.dk
Website
https://www.norva24.dk
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Financial development
In its most recent annual report (2025), Norva24 Danmark A/S reported a gross profit of DKK 166.6m, an increase of 2% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 2.0m, and the EBITDA margin stood at 24%.
At the end of 2025, equity financed 17.6% of the balance sheet, and current assets covered short-term debt 1 times.
Financials
Gross profit
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 166,572 | 163,333 | 148,802 | 141,886 | 126,212 |
| Staff expenses | -126,623 | -119,534 | -107,149 | -106,458 | -106,172 |
| EBITDA | 39,949 | 43,799 | 41,473 | 35,428 | 17,950 |
| Depreciation & amort. | -31,670 | -28,400 | -29,371 | -28,871 | -28,813 |
| EBIT | 8,279 | 15,399 | 12,102 | 6,557 | -10,863 |
| Net financials | -9,686 | -6,391 | -3,252 | -2,291 | -2,172 |
| Profit before tax | -1,407 | 9,008 | 8,850 | 4,266 | -13,035 |
| Tax | 604 | 1,762 | 1,339 | 757 | -3,291 |
| Net profit | -2,011 | 7,246 | 7,511 | 3,509 | -9,744 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 394,297 | 409,104 | 186,150 | 171,879 | 174,204 |
| Equity | 69,364 | 53,357 | 46,111 | 38,600 | 37,138 |
| Long-term debt | 225,173 | 233,377 | 85,748 | 79,418 | 70,263 |
| Short-term debt | 69,004 | 58,370 | 53,291 | 53,861 | 66,803 |
| Total debt | 294,177 | 291,747 | 139,039 | 133,279 | 137,066 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
24.0 %
20212025
Equity ratio
17.6 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on equity
-2.9 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
Net profit margin (of gross profit)
-1.2 %
20212025
Asset turnover (of gross profit)
0.42×
20212025
Debt / equity
4.68×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Sector performance
23 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 20% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Liquidity
Current ratioWeak
Among the 40% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityAverage
Around the average of companies in the same industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 30% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 30% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 20% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 30% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Equity to contributed capitalVery strong
Among the 10% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JJ Chief Executive Officer | Chief Executive Officer | 2026 |
Former (8)
HB Chief Executive Officer | Chief Executive Officer | 2021 – 2021 |
| Audit | 1986 – 1993 | |
AC Chief Executive Officer | Chief Executive Officer | 2017 – 2018 |
FS Chief Executive Officer | Chief Executive Officer | 2018 – 2021 |
TN Chief Executive Officer | Chief Executive Officer | 2021 – 2026 |
AH Management | Management | 1986 – 2002 |
JK Chief Executive Officer | Chief Executive Officer | 2008 – 2017 |
JP Management | Management | 2002 – 2008 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
JJ Board of Directors | Board of Directors | 2026 |
TJ Chairman | Chairman | 2026 |
SA Board of Directors | Board of Directors | 2026 |
Former (36)
OB Board of Directors | Board of Directors | 2006 – 2007 |
HB Board of Directors | Board of Directors | 2021 – 2021 |
AH Chairman | Chairman | 2017 – 2018 |
CF Board of Directors | Board of Directors | 2013 – 2016 |
HT Board of Directors | Board of Directors | 2013 – 2017 |
GH Board of Directors | Board of Directors | 2005 – 2006 |
MF Board of Directors | Board of Directors | 2007 – 2008 |
AC Chairman | Chairman | 2004 – 2006 |
FS Board of Directors | Board of Directors | 2018 – 2021 |
HF Chairman | Chairman | 2018 – 2023 |
KM Chairman | Chairman | 2004 – 2004 |
JB Board of Directors | Board of Directors | 1999 – 2002 |
JB Chairman | Chairman | 2006 – 2007 |
RA Board of Directors | Board of Directors | 2001 – 2002 |
TN Board of Directors | Board of Directors | 2021 – 2026 |
SE Board of Directors | Board of Directors | 2008 – 2008 |
AH Board of Directors | Board of Directors | 1986 – 2008 |
PK Board of Directors | Board of Directors | 2016 – 2017 |
DZ Board of Directors | Board of Directors | 2023 – 2024 |
MR Board of Directors | Board of Directors | 2004 – 2005 |
TG Board of Directors | Board of Directors | 2017 – 2018 |
SY Chairman | Chairman | 2023 – 2024 |
Mv Chairman | Chairman | 2008 – 2012 |
GB Board of Directors | Board of Directors | 1999 – 1999 |
LM Board of Directors | Board of Directors | 2005 – 2009 |
SH Chairman | Chairman | 1999 – 2004 |
VB Board of Directors | Board of Directors | 2001 – 2004 |
HN Chairman | Chairman | 2024 – 2026 |
HL Chairman | Chairman | 2012 – 2017 |
LO Board of Directors | Board of Directors | 2017 – 2018 |
MW Board of Directors | Board of Directors | 2009 – 2013 |
PS Board of Directors | Board of Directors | 2017 – 2018 |
MN Board of Directors | Board of Directors | 2006 – 2006 |
JK Chairman | Chairman | 2007 – 2008 |
JK Board of Directors | Board of Directors | 2005 – 2006 |
FJ Board of Directors | Board of Directors | 2008 – 2013 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
NORVA24 HOLDING AS | Company | 100% | 100% | 2023 |
| Company | 100% | 100% | 1994 | |
Norva 24 AS | Company | 100% | 100% | 2017 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Related companies
Company hierarchy
NORVA24 Holding AS
Norva24 Danmark A/S (this company)Board network connections
Board members of Norva24 Danmark A/S also hold positions in 141 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Michael Rosenvold | Board of Directors | 33 companiesMany roles |
| Sonny Hoffmann Nielsen | Chairman | 27 companiesMany roles |
| Michael Nielsen | Board of Directors | 19 companiesMany roles |
| Flemming Sloth Lauridsen | Chief Executive Officer | 16 companiesMany roles |
| Jesper Busk | Chairman | 7 companiesMany roles |
| Jan Kreiberg Larsen | Chief Executive Officer | 6 companiesMany roles |
| Jack Bjørn Nielsen | Board of Directors | 6 companiesMany roles |
| Claus Frees Sørensen | Board of Directors | 4 companies |
| Jonas Juhani Pärssinen | Chief Executive Officer | 3 companies |
| Henrik Fuglsang Damgaard-Hansen | Chairman | 3 companies |
| Lars Michael Folkmann | Board of Directors | 3 companies |
| Henrik Langebæk | Chairman | 2 companies |
| Johan Kristian Tuft | Board of Directors | 2 companies |
| Aage Henning Madsen | Management | 1 company |
| Ole Bartels | Board of Directors | 1 company |
| Helene Tamilla Vahman Bang | Board of Directors | 1 company |
| Keld Mosgaard Christensen | Chairman | 1 company |
| Peter Klovgaard-Jørgensen | Board of Directors | 1 company |
| Thorbjørn Graarud | Board of Directors | 1 company |
| Maarten van Engeland | Chairman | 1 company |
| Vincent Bech | Board of Directors | 1 company |
| Henrik Norrbom | Chairman | 1 company |
| Flemming Jesper Bendt | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of Norva24 Danmark A/S?
Norva24 Danmark A/S is registered with CVR / Virk under CVR 10206987.
What is the gross profit of Norva24 Danmark A/S?
Norva24 Danmark A/S reported a gross profit of DKK 166.6m in 2025.
How many employees does Norva24 Danmark A/S have?
Norva24 Danmark A/S employs 183 people as of the latest annual report.
Who is the CEO of Norva24 Danmark A/S?
Jonas Juhani Pärssinen is the CEO of Norva24 Danmark A/S, in role since 2026.
Who is the chairman of Norva24 Danmark A/S?
Tuomo Juhana Saramaa chairs the board of Norva24 Danmark A/S, in role since 2026.
Where is Norva24 Danmark A/S headquartered?
Norva24 Danmark A/S's registered address is Ringager 2B.