North Ventures ApS

Q: What is the CVR number of North Ventures ApS?

North Ventures ApS is registered with CVR / Virk under CVR 38195573.

Q: What is the gross profit of North Ventures ApS?

North Ventures ApS reported a gross profit of -DKK 286.6k in 2025.

Q: How many employees does North Ventures ApS have?

North Ventures ApS employs 3 people as of the latest annual report.

Q: Who is the CEO of North Ventures ApS?

Jacob Enevoldsen is the CEO of North Ventures ApS, in role since 2018.

Q: Where is North Ventures ApS headquartered?

North Ventures ApS's registered address is Frederiksgade 17, 1..

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CVR 38195573Frederiksgade 17, 1265 København KOther activities auxiliary to financial services, except insurance and pension funding· NACE 6619Est. 2016 · 9 years old3 employeeshttps://www.northventures.dk

Overview

North Ventures ApS is a Danish APS based in København K, operating in the Other activities auxiliary to financial services, except insurance and pension funding sector. Incorporated in 2016, the company has 3 employees and reported a gross profit of -DKK 286.6k in its latest annual filing.

Gross profit 2025

-0.3M DKK

−111% vs 2024

EBITDA margin (of gross profit)

6,308.3 %

−1026% vs 2024

Net profit 2025

-18.6M DKK

-1408% vs 2024

Key ratios

See full ratios →

92.0 %

Average

Around the average of companies in the same industry

20212025

12.4×

Average

Around the average of companies in the same industry

20212025

-81.1 %

Very weak

Among the 10% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK millions

Key figures

Annual report 2025

Gross profit	-0.3M DKK	-111%
EBITDA	-18.1M DKK	-1026%
Net profit	-18.6M DKK	-1408%
Total assets	22.9M DKK	-43%
Equity	21M DKK	-47%
Employees	3	—

Contact

Address

Frederiksgade 17, 1265 København K

Phone

+45 7174 7020

hello@northventures.dk

Website

https://www.northventures.dk

Advertising protection

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Financial development

In its most recent annual report (2025), North Ventures ApS reported a gross profit of -DKK 286.6k, a decrease of 111% 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 18.6m.

At the end of 2025, equity financed 92% of the balance sheet, and current assets covered short-term debt 12.4 times.

Financials

Revenue

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Revenue	-287	2,606	3,661	17,837	25,182
Staff expenses	-334	-405	-1,253	-1,815	-2,568
EBITDA	-18,079	1,952	-1,689	5,864	38,943
Depreciation & amort.	-588	-650	-219	-175	-106
EBIT	-18,667	1,301	-1,908	5,689	38,837
Net financials	-17,472	173	-7,098	-7,508	20,066
Profit before tax	-18,681	1,725	-4,909	3,359	39,547
Tax	-115	305	-142	1,966	4,303
Net profit	-18,566	1,419	-4,767	1,393	35,244

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	22,889	40,005	39,384	45,686	49,367
Equity	21,049	39,615	38,196	42,963	41,570
Long-term debt	0	0	0	0	0
Short-term debt	1,723	390	1,188	2,657	7,777
Total debt	1,723	390	1,188	2,657	7,777

Financial ratios

5-year trend

EBITDA margin

<−999 %

20212025

Equity ratio

92.0 %

Average

Around the average of companies in the same industry

20212025

Return on equity

-88.2 %

Very weak

Among the 10% lowest rated companies in the industry

20212025

Net profit margin

<−999 %

20212025

Asset turnover

-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)Very weak

Among the 10% 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)Very weak

Among the 10% 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 10% 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 10% 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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 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 equityWeak

Among the 30% 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 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 10% lowest rated companies in the industry

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

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

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

Interest coverageVery weak

Among the 20% 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 marginVery weak

Among the 20% 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 capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 10% lowest rated companies in the industry

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

One-year change in debtVery weak

Among the 10% 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 2025-01-01 – 2025-12-31
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Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
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
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF