NORDEN Asset Management A/S

CVR 41058749 · Public limited company (A/S) · Active · Low risk

NORDEN Asset Management A/S is a Public limited company (A/S), founded on , based in Hellerup. The company is registered in the industry sø- og kysttransport af gods. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 778.2m and a net result of DKK 92.1m. CEO: Henrik Lykkegaard Madsen.

Bankruptcy risk for NORDEN Asset Management A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
41058749
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
Strandvejen 52
2900 Hellerup
Municipality
Gentofte
Industry
Sø- og kysttransport af gods (502000)
Bankruptcies in the industry: Sø- og kysttransport af gods
Share capital
DKK 500k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio97.5%
Current ratio1,225%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 89.7mDKK 1.0bnDKK 955.0m
Net profitDKK 92.1mDKK 864DKK 972
EquityDKK 778.2mDKK 6.9bnDKK 6.0bn
Total assetsDKK 798.2mDKK 7.1bnDKK 6.2bn
CashDKK 150.0mDKK 546.0m–
Short-term debtDKK 20.0mDKK 264.0m–
Tax owedDKK 11.6mDKK 30.0m–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Auditor's report on audited financial statements · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025149
1 Jan 2024 – 31 Dec 2024163
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021187 Late
1 Jan 2020 – 31 Dec 2020193 Late

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
CEOHenrik Lykkegaard MadsenCurrent
CEOPeter Andreas Stakemann
BoardHenrik Lykkegaard MadsenCurrent
BoardMartin BadstedCurrent
BoardJan RindboCurrent
Owner (100%)DAMPSKIBSSELSKABET NORDEN A/SCurrent
Owner (100%)ApS KBURS 17 NR. 6919
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderApS KBURS 17 NR. 6919Current

The CEOs' other companies

Henrik Lykkegaard Madsen – 12 other companies, of which 2 bankrupt

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Address history (1 moves)

Strandvejen 52, 2900 Hellerup
Kronprinsessegade 18, 1306 København K

Former names

NORDEN Asset Management A/S – now
NORDEN Asset Management ApS –
ApS STM nr. 6412 –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about NORDEN Asset Management A/S

Has NORDEN Asset Management A/S gone bankrupt?

No, NORDEN Asset Management A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NORDEN Asset Management A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of NORDEN Asset Management A/S?

Henrik Lykkegaard Madsen is the CEO of NORDEN Asset Management A/S.

Who is the auditor of NORDEN Asset Management A/S?

NORDEN Asset Management A/S most recently used EY Godkendt Revisionspartnerselskab.

When was NORDEN Asset Management A/S founded?

NORDEN Asset Management A/S was founded on 1 January 2020.

What is the equity of NORDEN Asset Management A/S?

Equity was DKK 778.2m 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.