Howden Pensionsmægler ApS

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CVR 35892974Nørgaardsvej 30, 2800 Kongens LyngbyActivities of insurance agents and brokers· NACE 6622Est. 2014 · 12 years old42 employeeshttps://www.howdengroup.com/dk-da/pension

Overview

Howden Pensionsmægler ApS is a Danish APS based in Kongens Lyngby, operating in the Activities of insurance agents and brokers sector. Incorporated in 2014, the company has 42 employees and reported a gross profit of DKK 15.6m in its latest annual filing.

Gross profit 2025

15.6M DKK

−61% vs 2025

EBITDA margin (of gross profit)

41.9 %

+47% vs 2025

Net profit 2025

4M DKK

+350% vs 2025

Key ratios

See full ratios →

19.5 %

Very weak

Among the 20% lowest rated companies in the industry

20222025

0.4×

Weak

Among the 30% lowest rated companies in the industry

20222025

9.3 %

Strong

Among the 30% highest rated companies in the industry

20222025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	15.6M DKK	-61%
EBITDA	6.5M DKK	+47%
Net profit	4M DKK	+350%
Total assets	43M DKK	+19%
Equity	8.4M DKK	+91%
Employees	42	—

Contact

Address

Nørgaardsvej 30, 2800 Kongens Lyngby

Phone

+45 4022 6692

finans-hpm@howdendanmark.dk

Website

https://www.howdengroup.com/dk-da/pension

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2025), Howden Pensionsmægler ApS reported a gross profit of DKK 15.6m, a decrease of 61% on the year before. The figures on this page draw on 5 annual filings covering 2022 to 2025. The bottom line showed a net profit of DKK 4.0m, and the EBITDA margin stood at 41.9%.

At the end of 2025, equity financed 19.5% of the balance sheet, and current assets covered short-term debt 0.4 times.

Financials

Gross profit

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2025	2024	2023	2022
Gross profit	15,576	40,009	53	1,113	1,024
Staff expenses	-9,051	-35,580	-1	-866	-879
EBITDA	6,525	4,429	52	247	146
Depreciation & amort.	-758	-2,534	-0	-48	-7
EBIT	5,767	1,895	52	200	138
Net financials	-418	-753	-12	10	20
Profit before tax	5,349	1,142	40	210	158
Tax	1,346	253	9	46	35
Net profit	4,003	889	32	164	123

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Balance sheet

DKK thousands

Item	2025	2025	2024	2023	2022
Total assets	43,033	36,124	543	542	1,394
Equity	8,388	4,385	190	159	1,316
Long-term debt	0	0	0	0	0
Short-term debt	34,247	31,487	353	384	71
Total debt	34,247	31,487	353	384	71

Financial ratios

5-year trend

EBITDA margin (of gross profit)

41.9 %

20222025

Equity ratio

19.5 %

Very weak

Among the 20% lowest rated companies in the industry

20222025

Return on equity

47.7 %

Very strong

Among the 10% highest rated companies in the industry

20222025

Net profit margin (of gross profit)

25.7 %

20222025

Asset turnover (of gross profit)

0.36×

20222025

Debt / equity

4.13×

Very weak

Among the 10% lowest rated companies in the industry

20222025

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)Very strong

Among the 10% highest 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)Strong

Among the 30% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 30% 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 ratioWeak

Among the 30% 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 ratioWeak

Among the 30% lowest 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 ratioWeak

Among the 40% 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 equityVery weak

Among the 10% lowest rated companies in the 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 capitalVery weak

Among the 10% 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 strong

Among the 10% highest rated companies in the industry

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

Debt & solvency

Solidity ratioVery weak

Among the 20% 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 ratioVery weak

Among the 20% 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 10% 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 10% 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 debtAverage

Around the average of companies in the same industry

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

EBITDA to debtVery strong

Among the 20% highest rated companies in the industry

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

Interest coverageVery strong

Among the 10% highest rated companies in the industry

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

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 30% highest 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 equityVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the 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 2025-10-01 – 2025-12-31
View PDF
Annual report 2025
Filed via CVR / Virk · Period 2024-10-01 – 2025-09-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-09-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
TA Thomas Ammonsen Management	Management	2024

Former (1)


PN Peter Nørregaard Chief Executive Officer	Chief Executive Officer	2014 – 2024

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
LR Lars Rosenkrantz Gundorph Chairman	Chairman	2023
JK Johnny Krohn Rasmussen Board of Directors	Board of Directors	2023
CA Carl Anders Holde-Jensen Board of Directors	Board of Directors	2024

Former (2)


LS Lars Steen Nielsen Board of Directors	Board of Directors	2023 – 2024
JB Jesper Bøgh Krell Board of Directors	Board of Directors	2024 – 2024

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Howden Danmark A/S	Company	100%	100%	2024
PETER NØRREGAARD HOLDING ApS	Company	100%	100%	2014
Howden Forsikringsmægler A/S	Company	100%	100%	2023

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

Rose BidCo ApS

100%

Howden Danmark A/S100%

PETER NØRREGAARD HOLDING ApS100%

Howden Forsikringsmægler A/S100%

Howden Pensionsmægler ApS (this company)

Board network connections

Board members of Howden Pensionsmægler ApS also hold positions in 83 other companies.

Person	Role here	Other companies
Lars Rosenkrantz Gundorph	Chairman	27 companiesMany roles
Lars Steen Nielsen	Board of Directors	23 companiesMany roles
Johnny Krohn Rasmussen	Board of Directors	14 companiesMany roles
Carl Anders Holde-Jensen	Board of Directors	14 companiesMany roles
Jesper Bøgh Krell	Board of Directors	3 companies
Peter Nørregaard	Chief Executive Officer	2 companies

Frequently asked questions

What is the CVR number of Howden Pensionsmægler ApS?

Howden Pensionsmægler ApS is registered with CVR / Virk under CVR 35892974.

What is the gross profit of Howden Pensionsmægler ApS?

Howden Pensionsmægler ApS reported a gross profit of DKK 15.6m in 2025.

How many employees does Howden Pensionsmægler ApS have?

Howden Pensionsmægler ApS employs 42 people as of the latest annual report.

Who is the chairman of Howden Pensionsmægler ApS?

Lars Rosenkrantz Gundorph chairs the board of Howden Pensionsmægler ApS, in role since 2023.

Where is Howden Pensionsmægler ApS headquartered?

Howden Pensionsmægler ApS's registered address is Nørgaardsvej 30.