NORMANN-HOLDING ApS

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CVR 28136838Kalsagervej 10, 4700 NæstvedActivities of holding companies· NACE 6421Est. 2004 · 21 years old3 employees

Overview

NORMANN-HOLDING ApS is a Danish APS based in Næstved, operating in the Activities of holding companies sector. Incorporated in 2004, the company has 3 employees and reported a gross profit of DKK 261.9k in its latest annual filing.

Gross profit 2025

0.3M DKK

+7% vs 2024

EBITDA margin (of gross profit)

−264.5 %

+3% vs 2024

Net profit 2025

-0.8M DKK

-799% vs 2024

Key ratios

See full ratios →

91.9 %

Average

Around the average of companies in the same industry

20212025

15.0×

Strong

Among the 30% highest rated companies in the industry

20212025

-2.8 %

Weak

Among the 30% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	0.3M DKK	+7%
EBITDA	-0.7M DKK	+3%
Net profit	-0.8M DKK	-799%
Total assets	29.1M DKK	-9%
Equity	26.7M DKK	-10%
Employees	3	—

Contact

Address

Kalsagervej 10, 4700 Næstved

normann.holding@gmail.com

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Financial development

In its most recent annual report (2025), NORMANN-HOLDING ApS reported a gross profit of DKK 261.9k, an increase of 7% 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 816.8k, and the EBITDA margin stood at -264.5%.

At the end of 2025, equity financed 91.9% of the balance sheet, and current assets covered short-term debt 15 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	262	244	336	123	-17
Staff expenses	-955	-955	-956	-957	-956
EBITDA	-693	-712	-619	-1,072	-974
Depreciation & amort.	-288	-287	-289	-291	-304
EBIT	-980	-998	-908	-1,362	-1,278
Net financials	207	1,257	2,708	-3,046	4,014
Profit before tax	-773	259	1,800	-4,409	2,736
Tax	44	350	213	-1,233	22
Net profit	-817	-91	1,587	-3,175	2,715

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	29,056	31,771	33,944	32,683	38,268
Equity	26,692	29,509	31,500	29,912	35,088
Long-term debt	1,395	1,521	1,638	1,713	2,442
Short-term debt	969	741	806	1,058	738
Total debt	2,364	2,262	2,444	2,771	3,181

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-264.5 %

20212025

Equity ratio

91.9 %

Average

Around the average of companies in the same industry

20212025

Return on equity

-3.1 %

Weak

Among the 30% lowest rated companies in the industry

20212025

Net profit margin (of gross profit)

-311.9 %

20212025

Asset turnover (of gross profit)

0.01×

20212025

Debt / equity

0.09×

Average

Around the average of companies in the same industry

20212025

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Weak

Among the 30% 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)Weak

Among the 30% 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)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 40% highest 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 ratioStrong

Among the 30% highest 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 ratioStrong

Among the 30% highest rated companies in the 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 ratioAverage

Around the average of companies in the same 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 capitalStrong

Among the 40% highest 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 ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 20% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 20% 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 20% 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 equityWeak

Among the 30% lowest 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 2025
Filed via CVR / Virk · Period 2024-10-01 – 2025-09-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
FN Finn Normann Management	Management	2004

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
FN Finn Normann Board of Directors	Board of Directors	2005
BM Bibi Marianne Normann Karlshøj Chairman	Chairman	2012
HS Heidi Susanne Normann Hansen Board of Directors	Board of Directors	2007

Former (2)


EA Erik Andersen Chairman	Chairman	2005 – 2012
JN Jette Normann Board of Directors	Board of Directors	2005 – 2025

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Finn Normann	Individual	50–66.65%	50–66.65%	2009
Bibi Marianne Normann Karlshøj	Individual	20–24.99%	20–24.99%	2009
Heidi Susanne Normann Hansen	Individual	20–24.99%	20–24.99%	2009

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of NORMANN-HOLDING ApS also hold positions in 2 other companies.

Person	Role here	Other companies
Bibi Marianne Normann Karlshøj	Chairman	1 company
Heidi Susanne Normann Hansen	Board of Directors	1 company

Frequently asked questions

What is the CVR number of NORMANN-HOLDING ApS?

NORMANN-HOLDING ApS is registered with CVR / Virk under CVR 28136838.

What is the gross profit of NORMANN-HOLDING ApS?

NORMANN-HOLDING ApS reported a gross profit of DKK 261.9k in 2025.

How many employees does NORMANN-HOLDING ApS have?

NORMANN-HOLDING ApS employs 3 people as of the latest annual report.

Who is the chairman of NORMANN-HOLDING ApS?

Bibi Marianne Normann Karlshøj chairs the board of NORMANN-HOLDING ApS, in role since 2012.

Where is NORMANN-HOLDING ApS headquartered?

NORMANN-HOLDING ApS's registered address is Kalsagervej 10.