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North Propulsion ApS: Financial statements 2023

CVR: 43802194

Source: annual report 2023, Danish Business Authority

24/01/2023 – 31/12/2023

North Propulsion ApS (CVR 43802194) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 170,212 and a net result of DKK 162,523. Equity in the 2023 report amounted to DKK 202,523. The solvency ratio was 86.8%.

Gross Profit
DKK 170,212
Profit/Loss
DKK 162,523
Equity
DKK 202,523
Total Assets
DKK 233,215
Employees
0

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Events in 2023

North European Space Company ApS changes name to North Propulsion ApSJun 23, 2023

On June 23, 2023, the company changed its name from North European Space Company ApS to North Propulsion ApS.

Rasmus Arnt Pedersen joins North Propulsion ApS as directorJan 24, 2023

As of January 24, 2023, Rasmus Arnt Pedersen is registered as director of North Propulsion ApS.

North Propulsion ApS is foundedJan 24, 2023

North Propulsion ApS was founded on January 24, 2023.

About North Propulsion ApS

North Propulsion ApS is a Danish company of the type Anpartsselskab based in Kongens Lyngby, founded in 2023. The company is registered under the industry Fremstilling af civile luft- og rumfartøjer o.lign.. The company was previously named North European Space Company ApS. The management consists of Rasmus Arnt Pedersen. The board consists of Niels Buus (chair), Eric Lagier, Ola Sten Baksaas and Rasmus Arnt Pedersen. The company's owners include Pedersen Heavy Industries ApS, byFounders VC Fund III K/S and BKG Holding ApS. The company has 5 employees (2026). In 2025, the company reported a gross profit of DKK 3,837,555 and a net result of DKK 2,090,423 compared with DKK 862,057 the year before. Equity in the 2025 report amounted to DKK 24,688,472.

Source: annual report 2025, Danish Business Authority

Other financial years