Owners, management and financials
CVR: 41058749
Previous names: ApS STM nr. 6412, NORDEN Asset Management ApS
USD 89,700,000
Revenue
Net result: USD 92,100,000
DAMPSKIBSSELSKABET NORDEN A/S (100%)
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Henrik Lykkegaard Madsen
Board: Jan Rindbo (chair) and 2 members
CVR · view management
Active
Founded 1 January 2020
CVR · view overview
No headcount reported
Name registered: NORDEN Asset Management A/S
CVR · 22/06/2020
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NORDEN Asset Management A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 2020. The company is registered under the industry Sø- og kysttransport af gods. The company was previously named NORDEN Asset Management ApS and ApS STM nr. 6412. The management consists of Henrik Lykkegaard Madsen. The board consists of Jan Rindbo (chair), Henrik Lykkegaard Madsen and Martin Badsted. The company is owned by DAMPSKIBSSELSKABET NORDEN A/S. In 2025, the company reported revenue of USD 89,700,000 and a net result of USD 92,100,000 compared with USD 864 the year before. Equity in the 2025 report amounted to USD 778,200,000.
Source: annual report 2025, Danish Business Authority
NORDEN Asset Management A/S exhibits a strong financial trajectory, highlighted by a significant profit increase to $92.1 million in 2025, despite a drop in revenue to $89.7 million. The company has shown remarkable growth in equity, soaring from $436.2 million in 2021 to $778.2 million in 2025, indicating a solid capital position. However, the fluctuating revenue figures, particularly the decline from $117.9 million in 2022 to $89.7 million in 2025, raise concerns about revenue stability. Overall, NORDEN is positioned as a notable player in the maritime transport industry, but its reliance on profitability rather than consistent revenue growth may pose risks moving forward.
AI-generated summary · Generated 20/08/2026
Selskabets formål er at drive skibsfart, befragtning og lign. samt handel og industri og anden efter bestyrelsens skøn i forbindelse hermed stående virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 89.7M USD | 92.1M USD | 798.2M USD | 778.2M USD | - | |
| 202401/01/2024 – 31/12/2024 | 1B USD | 864 USD | 7.1B USD | 6.9B USD | - | |
| 202301/01/2023 – 31/12/2023 | 95.5M USD | 97.2M USD | 620.3M USD | 599.7M USD | - | |
| 202201/01/2022 – 31/12/2022 | 117.9M USD | 66.3M USD | 631.9M USD | 502.5M USD | - | |
| 202101/01/2021 – 31/12/2021 | 117.1M USD | 600K USD | 727.8M USD | 436.2M USD | - | |
| 202001/01/2020 – 31/12/2020 | 146.7M USD | 19.6M USD | 731.4M USD | 435.6M USD | - |
Compared to 245 companies in Sø- og kysttransport af gods
Comparison is based on industry median values
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Try company screeningThe CVR number of NORDEN Asset Management A/S is 41058749.
NORDEN Asset Management A/S is owned by DAMPSKIBSSELSKABET NORDEN A/S.
The management of NORDEN Asset Management A/S consists of Henrik Lykkegaard Madsen.
The board of NORDEN Asset Management A/S consists of Jan Rindbo, Henrik Lykkegaard Madsen and Martin Badsted, with Jan Rindbo as chair.
In 2025, NORDEN Asset Management A/S reported revenue of USD 89,700,000.
NORDEN Asset Management A/S was founded on 1 January 2020.
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NORDEN Asset Management A/S has published its annual report for 2025. Revenue came to DKK 89,700,000, and the net result was DKK 92,100,000.
NORDEN Asset Management A/S has published its annual report for 2024. Revenue came to DKK 1,008,000,000, and the net result was DKK 864.
NORDEN Asset Management A/S has published its annual report for 2023. Revenue came to DKK 95,500,000, and the net result was DKK 97,200,000.
NORDEN Asset Management A/S has published its annual report for 2022. Revenue came to DKK 117,900,000, and the net result was DKK 66,300,000.
As of May 26, 2023, EY Godkendt Revisionspartnerselskab has been appointed auditor of NORDEN Asset Management A/S.
As of May 26, 2023, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of NORDEN Asset Management A/S.
NORDEN Asset Management A/S has published its annual report for 2021. Revenue came to DKK 117,100,000, and the net result was DKK 600,000.
NORDEN Asset Management A/S has published its annual report for 2020. Revenue came to DKK 146,700,000, and the net result was DKK 19,600,000.
On June 22, 2020, the company changed its name from NORDEN Asset Management ApS to NORDEN Asset Management A/S.
As of June 12, 2020, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NORDEN Asset Management A/S.
As of June 12, 2020, Henrik Lykkegaard Madsen has joined the board of directors of NORDEN Asset Management A/S.
As of June 12, 2020, Martin Badsted has joined the board of directors of NORDEN Asset Management A/S.
As of June 12, 2020, Jan Rindbo has joined the board of directors of NORDEN Asset Management A/S.
As of June 12, 2020, Henrik Lykkegaard Madsen is registered as director of NORDEN Asset Management A/S.
On June 12, 2020, the company changed its name from ApS STM nr. 6412 to NORDEN Asset Management ApS.
As of June 5, 2020, Peter Andreas Stakemann has stepped down as director of NORDEN Asset Management A/S.
As of June 5, 2020, DAMPSKIBSSELSKABET NORDEN A/S is registered as an owner of NORDEN Asset Management A/S with an ownership share of 100%.
As of January 1, 2020, Peter Andreas Stakemann is registered as director of NORDEN Asset Management A/S.
NORDEN Asset Management A/S was founded on January 1, 2020.
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