North Propulsion ApS

CVR 43802194Private limited company (ApS)Fremstilling af civile luft- og rumfartøjer o.lign. (303100)Kongens LyngbyFounded 24 Jan 2023

Employees

CVR registry, Jul 2026

+1 (+25%) over 12 months

Gross profit

3,8M

DKK, annual report 2025

+75% on 2024

Result

+2,1M

DKK, annual report 2025

Equity

24,7M

DKK, annual report 2025

Who Is Behind It

Owners

Pedersen Heavy Industries ApSCVR 42689955, 25% to under 33,3% of capital and votes, since 24 Jan 2023

BAX AS25% to under 33,3% of capital and votes, since 19 Feb 2024

and 3 more

Director

Rasmus Arnt Pedersensince 24 Jan 2023

Ownership

Pedersen Heavy Industries ApS
CVR 4268995525% to under 33,3% of capital and votessince 24 Jan 2023
byFounders VC Fund III K/S
CVR 4516049115% to under 20% of capital and votessince 18 Dec 2025
BKG Holding ApS
CVR 458114335% to under 10% of capital and votessince 11 Aug 2025
Acien ApS
CVR 458197015% to under 10% of capital and votessince 11 Aug 2025
BAX AS
25% to under 33,3% of capital and votessince 19 Feb 2024

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Former owners (2)

Francisco Jesus Acien Perez
10% to under 15% of capital and votes1 Apr 2024 to 11 Aug 2025
Berk Kyané Gezer
10% to under 15% of capital and votes1 Apr 2024 to 11 Aug 2025

People

Current (4)

Rasmus Arnt PedersenExecutive board since 24 Jan 2023, Board of directors since 8 Dec 2025
Niels BuusBoard of directors since 17 Mar 2026
Eric LagierBoard of directors since 8 Dec 2025
Ola Sten BaksaasBoard of directors since 8 Dec 2025

Founders (1)

Pedersen Heavy Industries ApSFounded 24 Jan 2023, holds a current role

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Network

CompanyPersonShared by two or more of its peopleThicker lines are ownership+N: more companies of that personSource: CVR, read 20 Oct 2026. Each current person is followed to their other current roles, at most 10 companies each. Their own people are not drawn. 4 more of their companies are not drawn.

The Network as a List

Its people and their other companies

Eric Lagier Board of directors
- byFounders Shack ApS CVR 46104773, Executive board
- byFounders VC Co-invest II ApS CVR 41820780, Executive board
- byFounders VC General Partner I ApS CVR 38804111, Executive board
- byFounders VC General Partner II ApS CVR 41820861, Executive board
- byFounders VC General Partner III ApS CVR 45159825, Executive board
- byFounders VC Invest I ApS CVR 38803980, Executive board
- byFounders VC Management ApS CVR 38737554, Executive board
- byFounders VC Management II ApS CVR 45149285, Executive board
- Dexmi ApS CVR 38723839, Owner, Executive board
- Ento Labs ApS CVR 40184120, Board of directors
Niels Buus Board of directors
- Acodyne ApS CVR 44465167, Board of directors
- conXus A/S CVR 30809572, Board of directors
- FORMKON A/S CVR 14249079, Board of directors
- LONGBUS HOLDING ApS CVR 31280621, Executive board, Owner
- Longbus Innovation ApS CVR 43989839, Owner, Executive board
- New Wave Capital ApS CVR 31431468, Board of directors
- Spaceline Labs ApS CVR 44706709, Board of directors
Rasmus Arnt Pedersen Executive board, Board of directors
- Pedersen Heavy Industries ApS CVR 42689955, Owner, Executive board
Ola Sten Baksaas Board of directors
No other current company drawn.

Network

Roles Over Time

Rasmus Arnt Pedersen: Executive board, 24 Jan 2023 to today; Board of directors, 8 Dec 2025 to today.
Eric Lagier: Board of directors, 8 Dec 2025 to today.
Ola Sten Baksaas: Board of directors, 8 Dec 2025 to today.
Niels Buus: Board of directors, 17 Mar 2026 to today.

24 Jan 2023 to 20 Oct 2026.

Executive board (Direktion)Board of directors (Bestyrelse)Each bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Financials

Annual report figures by year, DKK thousands
Metric	2023	2024	2025
Gross profit	170	2.193	3.838
Operating profit	Not reported	+1.186	+2.638
Result for the year	+163	+862	+2.090
Equity	203	1.065	24.688
Total assets	233	2.436	25.850
Employees (average)	0	3	4

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group. Not every period is a full year: 2023 covers 11 months (24 Jan to 31 Dec 2023). Changes against it compare periods of different length.

Annual Reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 7 May 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 10 Apr 2025
PDF
Annual report 2023
24 Jan 2023 to 31 Dec 2023, published 22 Jun 2024
XHTML

Changes

All changes

21 May 2026
Ownership change
North Propulsion ApS (CVR 43802194) har foretaget ejerskifte pr. 21. maj 2026: 7 indtrådt.
17 Mar 2026
Director change
North Propulsion ApS (CVR 43802194) har foretaget direktørskifte pr. 17. marts 2026: 1 indtrådt.
8 Dec 2025
Director change
North Propulsion ApS (CVR 43802194) har foretaget direktørskifte pr. 8. december 2025: 3 indtrådt.

Registration

Address: Fysikvej 312
2800 Kongens Lyngby
Lyngby-Taarbæk Municipality
CVR record last changed: 23 May 2026
Data read: 20 Oct 2026

Production Units

1 registered in CVR.

North Propulsion ApS
P-number 1028960642Fysikvej 312, 2800 Kongens Lyngby

Source: the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen. Annual reports via XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

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