North Propulsion ApS: Financial statements 2024
CVR: 43802194
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
North Propulsion ApS (CVR 43802194) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 2,193,111 and a net result of DKK 862,057 compared with DKK 162,523 the year before. That is an increase of 1,188.5% compared with the year before. Equity in the 2024 report amounted to DKK 1,064,580. The solvency ratio was 43.7%. The company had 3 employees in the financial year.
- Gross Profit
- DKK 2,193,111
- Profit/Loss
- DKK 862,057
- Equity
- DKK 1,064,580
- Total Assets
- DKK 2,436,256
- Employees
- 3
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | - | 2.2 mio. | 862 t. | 1.1 mio. | 3 |
| 2023 | - | 170 t. | 163 t. | 203 t. | 0 |
Official annual report
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North Propulsion ApS has published its annual report for 2023. Gross profit came to DKK 170,212, and the net result was DKK 162,523.
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.