Owners, management and financials
CVR: 42304131
Previous names: NORSE Safety ApS
DKK 2,495,350
Gross profit
Net result: DKK 720,815
Steffan Madsen Holding ApS (100%)
CVR · view owners
Michael Rafaelsen Pedersen, Steffan Haugaard Madsen
CVR · view management
Active
Founded 8 April 2021
CVR · view overview
1 employee
Annual report 2025 · average
Owner registered: Steffan Madsen Holding ApS
CVR · 24/10/2025
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NORSE Denmark ApS is a Danish company of the type Anpartsselskab based in Ikast, founded in 2021. The company is registered under the industry Detailhandel med byggematerialer og værktøj. The company was previously named NORSE Safety ApS. The management consists of Michael Rafaelsen Pedersen and Steffan Haugaard Madsen. The company is owned by Steffan Madsen Holding ApS. According to the 2025 annual report, the company had an average of 1 employee. In 2025, the company reported a gross profit of DKK 2,495,350 and a net result of DKK 720,815 compared with DKK 1,203,104 the year before. Equity in the 2025 report amounted to DKK 1,488,667.
Source: annual report 2025, Danish Business Authority
NORSE Denmark ApS demonstrates a positive trajectory in profitability, with gross profit increasing from 1,542,370 DKK in 2022 to 2,495,350 DKK in 2025, and profit rising significantly from 61,609 DKK in 2023 to 720,815 DKK in 2025. The company's equity has also improved, reaching 1,488,667 DKK in 2025, indicating a strengthening financial position. However, the absence of revenue figures raises concerns about transparency and overall sales performance. Positioned in the building materials and tools retail sector, NORSE Denmark ApS shows potential for growth, but its reliance on gross profit margins and the lack of disclosed revenue may warrant further scrutiny.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive virksomhed med salg af tøj, værnemidler, maskiner, kemi-produkter, værktøj, plejeprodukter samt enhver virksomhed i hermed stående forbindelse.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 2.5 mio. | 721 t. | 5.4 mio. | 1.5 mio. | 1 | |
| 202401/01/2024 – 31/12/2024 | 2.7 mio. | 1.2 mio. | 5 mio. | 1.4 mio. | 1 | |
| 202301/01/2023 – 31/12/2023 | 1.7 mio. | 62 t. | 3.1 mio. | 165 t. | 2 | |
| 202201/01/2022 – 31/12/2022 | 1.5 mio. | 431 t. | 4.2 mio. | 603 t. | 2 |
Compared to 251 companies in Detailhandel med byggematerialer og værktøj
Comparison is based on industry median values
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Set up monitoringThe CVR number of NORSE Denmark ApS is 42304131.
NORSE Denmark ApS is owned by Steffan Madsen Holding ApS.
The management of NORSE Denmark ApS consists of Michael Rafaelsen Pedersen and Steffan Haugaard Madsen.
In 2025, NORSE Denmark ApS reported a gross profit of DKK 2,495,350.
NORSE Denmark ApS had an average of 1 employee in the 2025 financial year according to the annual report.
NORSE Denmark ApS was founded on 8 April 2021.
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Contact info changed: new phone: 61304931, new email: [email protected], new website: www.norsesafety.com (August 17, 2026).
NORSE Denmark ApS has published its annual report for 2025. Gross profit came to DKK 2,495,350, and the net result was DKK 720,815.
Contact info changed: new phone: 61304931, new email: [email protected], new website: www.norsesafety.com (May 14, 2026).
Contact info changed: new phone: 61304931, new email: [email protected], new website: www.norsesafety.com (May 13, 2026).
As of May 13, 2026, BDO Statsautoriseret Revisionspartnerselskab has been appointed auditor of NORSE Denmark ApS.
As of May 13, 2026, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of NORSE Denmark ApS.
As of October 24, 2025, Steffan Madsen Holding ApS is registered as an owner of NORSE Denmark ApS with an ownership share of 100%.
NORSE Denmark ApS has published its annual report for 2024. Gross profit came to DKK 2,747,546, and the net result was DKK 1,203,104.
NORSE Denmark ApS has published its annual report for 2023. Gross profit came to DKK 1,749,462, and the net result was DKK 61,609.
NORSE Denmark ApS has published its annual report for 2022. Gross profit came to DKK 1,542,370, and the net result was DKK 431,201.
NORSE Denmark ApS has published its interim report for the period April 8, 2021 – December 31, 2021.
On March 15, 2022, the company changed its name from NORSE Safety ApS to NORSE Denmark ApS.
As of November 23, 2021, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NORSE Denmark ApS.
As of April 8, 2021, Steffan Haugaard Madsen is registered as director of NORSE Denmark ApS.
As of April 8, 2021, Michael Rafaelsen Pedersen is registered as director of NORSE Denmark ApS.
NORSE Denmark ApS was founded on April 8, 2021.
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