NORTHERN HORIZON A/S

CVR 27599397 · Public limited company (A/S) · Active · Low risk

NORTHERN HORIZON A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry administration af fast ejendom på kontraktbasis. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 31.3m and a net result of DKK 2.0m. CEO: Christoffer Abramson.

Bankruptcy risk for NORTHERN HORIZON A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
27599397
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Christian IX's Gade 2, 2.
1111 København K
Municipality
København
Industry
Administration af fast ejendom på kontraktbasis (683210)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 8.8m
Employees
5 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 22
Missing annual reportNo
Negative equityNo
Equity ratio59.7%
Current ratio155%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address79
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 11.9mDKK 6.6m
Gross profitDKK 3.1mDKK 1.1m
Net profitDKK 2.0mDKK -2,000
EquityDKK 31.3mDKK 29.2m
Total assetsDKK 52.4mDKK 67.9m
CashDKK 2.6m–
Short-term debtDKK 6.2m–
Tax owedDKK 0–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202591
1 Jan 2024 – 31 Dec 2024113
1 Jan 2023 – 31 Dec 2023100
1 Jan 2022 – 31 Dec 2022102
1 Jan 2021 – 31 Dec 2021103
1 Jan 2020 – 31 Dec 202097
1 Jan 2019 – 31 Dec 201990
1 Jan 2018 – 31 Dec 2018115
1 Jan 2017 – 31 Dec 2017108
1 Jan 2016 – 31 Dec 201694
1 Jan 2015 – 31 Dec 2015102
1 Jan 2014 – 31 Dec 201498
1 Jan 2013 – 31 Dec 2013132
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011151
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008141
1 Jan 2007 – 31 Dec 2007164
1 Jan 2006 – 31 Dec 2006151

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOChristoffer AbramsonCurrent
CEOFinn Hasselriis
CEOLars Christian Ohnemus
CEOMikael Hyttel Runegaard Thomsen
CEOMichael Rudolf Schönach
CEOMichael Rudolf Schönach
CEOMilda Darguzaite
BoardLars Christian OhnemusCurrent
BoardJyri Maunu Olavi LehtimäkiCurrent
BoardJuho Ilpo Mathias MikolaCurrent
BoardNiels-Ulrik MoustenCurrent
BoardCaroline HenricsonCurrent
BoardMilda DarguzaiteCurrent
BoardAlgirdas Jonas Vaitiekunas
BoardFinn Hasselriis
BoardLars Christian Ohnemus
BoardThomas Stolborg
BoardAndris Kraujins
BoardMeelis Livak
BoardLeif Skov
BoardHans Johan Lind
BoardHenning Kruse Petersen
BoardFinn Christian Moefelt
BoardSøren Dan Johansen
BoardJaroslaw Dabrowski
BoardMikael Hyttel Runegaard Thomsen
BoardPetri Altti Sakari Olkinuora
BoardAndré Philippe Jaeggi
BoardMari Henriikka Etholén
BoardMilda Darguzaite
BoardDovile Burgiene
Owner (10%)LGMD Holding AGCurrent
Owner (25%)DANCASA ApSCurrent
Owner (33%)Evli OyjCurrent
Owner (5%)AB Ramson Invest 2Current
Owner (33%)DANCASA ApS
Owner (10%)Dancasa Partners ApS
Owner (50%)Evli Bank Plc.
Owner (15%)LGMD Holding AG
Owner (50%)Evli Oyj
Owner (33%)DANCASA ApS
Owner (5%)Milda Darguzaite
Owner (33%)Evli Oyj
Owner (50%)Evli Oyj
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorEY Danmark A/S
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderCENTER MANAGEMENT ApSCurrent
FounderDANCASA ApSCurrent
FounderOÜ AKTIA TRUSTCurrent
FounderAndris KraujinsCurrent
FounderAlgirdas Jonas VaitiekunasCurrent

The CEOs' other companies

Finn Hasselriis – 58 other companies, of which 35 bankrupt

Lars Christian Ohnemus – 27 other companies

Mikael Hyttel Runegaard Thomsen – 34 other companies

Address history (1 moves)

Christian IX's Gade 2, 2., 1111 København K
Bredgade 23, 2., 1260 København K

Former names

NORTHERN HORIZON A/S – now
NORTHERN HORIZON CAPITAL A/S –
BPT ASSET MANAGEMENT A/S –
BALTIC PROPERTY TRUST ASSET MANAGEMENT A/S –

Employees per year

Number of employees at NORTHERN HORIZON A/S per year5102011: 1020112012: 620122013: 420132014: 620142015: 520152016: 620162017: 420172018: 52018

Other companies at the same address

Similar companies in København

Questions and answers about NORTHERN HORIZON A/S

Has NORTHERN HORIZON A/S gone bankrupt?

No, NORTHERN HORIZON A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NORTHERN HORIZON A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of NORTHERN HORIZON A/S?

Christoffer Abramson is the CEO of NORTHERN HORIZON A/S.

Who is the auditor of NORTHERN HORIZON A/S?

NORTHERN HORIZON A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was NORTHERN HORIZON A/S founded?

NORTHERN HORIZON A/S was founded on 13 January 2004.

What is the equity of NORTHERN HORIZON A/S?

Equity was DKK 31.3m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.