norhjem administration a/s

Residential Property Administrationnorhjem.dk

norhjem administration a/s is a Danish property administrator managing nearly 5,000 rentals across 70 property owner customers in Denmark's university towns, offering a landlord portal, digital leases, escrow, and local caretaker services from a 27-person team based in Aalborg.

Company typePrivate
Founded2016
HeadquartersAalborg, Denmark
Headcount11–50
GTM typeB2B
OfferingServices

What norhjem administration a/s does

norhjem administration a/s is a Danish property administration company headquartered in Aalborg that manages rentals on behalf of property owners and serves tenants seeking housing across Denmark's university towns. Founded in 2016 as a spin-off from UNGBO DANMARK, Holding A/S, the company has grown from approximately 800 rentals to nearly 5,000 rentals distributed across 70 property owner customers, with 27 employees located in Aalborg, Aarhus, Odense, Roskilde, and Copenhagen. The offering spans residential property types including student housing, youth housing, single rooms, apartments for couples and families, senior-friendly housing, and micro-living units, with rents ranging from approximately 3,015 DKK/month for a room to 34,200 DKK/month for a 5-bedroom unit.

The core technology stack is a property management platform combined with three customer-facing surfaces: a Tenant Services Platform for property search and applications, a Landlord Portal for tracking inquiries, showings, leases, and property statistics, and digital lease contracts integrated with an escrow solution that releases keys only after move-in requirements are met. Local caretakers at each property handle daily operations (outdoor areas, common areas, cleaning, minor repairs), and tiered service packages let owners self-serve showings (free) or pay for full-service marketing, photography, credit screening, and move-in/move-out reports.

The business model is fee-based property administration: revenue is generated through management and administration fees charged to property owners, with ancillary service tier upsells. The go-to-market is direct-to-consumer for tenants (via Norhjem's housing portal, third-party property portals, Google and Facebook ads, email, and social media) and direct sales via a 'Get a quote' flow for property owners. Ownership is held 50% by Viga RE Management ApS (also the largest customer), 25% by FTN Invest ApS, and 25% by Elefsen Invest ApS as of July 2023. Norhjem is also co-owner of SC Administrator, which manages three shopping centers in Jutland and Zealand, extending the platform beyond residential rentals.

norhjem administration a/s firmographics

Firmographics

Name: norhjem administration a/s
Legal name: norhjem administration a/s
Website: https://norhjem.dk
Company type: Private
Founded year: 2016
Operating status: Operating
Headcount range: 11–50 employees
Short description: norhjem administration a/s is a Danish property administrator managing nearly 5,000 rentals across 70 property owner customers in Denmark's university towns, offering a landlord portal, digital leases, escrow, and local caretaker services from a 27-person team based in Aalborg.
Ownership category
akta.pro rank

norhjem administration a/s industry classification

Industry

Product category: Residential Property Administration
NAICS: Residential Property Managers (531311), Rental and Leasing Services (532)
SIC: Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510)
akta.pro primary industry: Residential Lease Administration & Tenant Services (BPAJAFAL)
akta.pro secondary industry: Single-Family Rental (SFR) Property Management (BPAJAFAB)

Keywords

Property administration services
Residential rental management
Housing rental platform
Landlord services
Tenant placement services

Where norhjem administration a/s is headquartered

Location

Headquarters

HQ city: Aalborg
HQ country: Denmark
HQ region: Europe

Offices1 record

Markets served

norhjem administration a/s business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

Property Administration Services: Norhjem administration a/s provides rental and administration of all types of housing, serving both property owners (who outsource administration) and tenants. Revenue is generated through property management and administration fees charged to property owners, as well as rental-related services. The company has grown from ~800 rentals in 2016 to ~5,000 rentals across 70 customers.

Pricing tiers

Model	Billing	Price
Subscription	Monthly	Residential rentals from single rooms to multi-bedroom apartments across Denmark

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

norhjem administration a/s product offering

Product offering

Core offering

norhjem administration a/s provides full-service property administration and rental services for residential housing across Denmark. The company manages rental contracts, rent collection, deposits, accounting, tenant screening, marketing, and ongoing property operations on behalf of property owners, while operating a digital housing portal where tenants can search and apply for available rentals. The company has grown from approximately 800 rentals in 2016 to nearly 5,000 rentals across 70 property owner customers.

Product overview

norhjem administration a/s operates a unified property management and rental platform combining administrative services with technology. The core offering integrates Property Administration Services, a Tenant Services Platform for housing search and applications, and a Landlord Portal for property oversight. Additional capabilities include Property Service (local caretaker operations), Digital Lease Contracts, Escrow Solutions, and tiered Service Packages. Student Housing Services are offered through partnerships with Kollegiernes Kontor and RIU Roskilde. The company manages approximately 5,000 rentals across 70 customers throughout Denmark.

Differentiator

Problem solved

Functional benefit

Products and services

Property Administration Services
Tenant Services Platform
Landlord Portal
Property Service (Ejendomsservice)
Service Packages
Student Housing Services

Companies that use norhjem administration a/s

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles2 records

norhjem administration a/s technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

norhjem administration a/s partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered minor.

SC AdministratorminorStrategic or Co-development PartnerNorhjem administration a/s is co-owner of SC Administrator, which manages the administration of 3 shopping centers located in Jutland and Zealand.
Spar Nord BankminorOthersMain bank of norhjem administration a/s, located at Skelagervej 15, with corporate accounts department.
DeloitteminorOthersStatutory auditor of norhjem administration a/s, located at Gøteborgvej 18, 9200 Aalborg SV.
NORDEN ADVOKATFIRMAminorOthersLegal counsel for norhjem administration a/s.

Scale indicators4 records

Recent moves9 records

Expansion highlights4 records

norhjem administration a/s competitors and assessment

Company assessment

Direct peers

Newsec: Nordic property asset manager and administrator operating across Denmark, Sweden, Norway and Finland; competes with Norhjem for Danish residential portfolios and offers comparable full-service administration to institutional owners.
DEAS Group: One of Denmark's largest property management and administration firms, providing residential and commercial administration services across the country — a direct competitor to Norhjem for institutional and private landlord mandates.

Regional players

Akelius Residential Property AB: European residential property owner with Nordic exposure and in-house administration capabilities; represents a regional comparable that could either partner with or compete against Norhjem for Danish rental mandates.

Emerging players

BoligPortal: Denmark's leading rental housing portal, connecting tenants with landlords; overlaps with Norhjem's tenant-facing search and application platform and competes for marketing efficiency and renter mindshare.

Broad incumbents

Heimstaden: Major Nordic residential property owner and operator; while not a pure administrator, it represents the institutional customer side of the market and competes indirectly by internalizing administration for its own portfolio.
EDC Erhverv Poul Erik Bech: Large Danish real estate brokerage and property services group with residential leasing and administration services as part of a broader portfolio including sales, valuation and commercial brokerage.
Colliers Denmark: Global real estate services firm with a Danish office providing property management, valuation and brokerage; competes for institutional mandates and offers comparable residential administration services at larger scale.

Others

Danske Boligadvokater: Danish network of real estate lawyers supporting residential transactions and tenancy matters; an adjacent professional services provider frequently used alongside property administrators like Norhjem.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

norhjem administration a/s financial estimates

Financial estimate

Revenue estimate

Valuation estimate

norhjem administration a/s leadership team

Management profile

Number of profiles

Profiles12 records

norhjem administration a/s subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

norhjem administration a/s funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

norhjem administration a/s M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about norhjem administration a/s

What does norhjem administration a/s do?

Is norhjem administration a/s a public or private company?

norhjem administration a/s is a private company. It is classified as venture growth investor backed and is currently operating.

When was norhjem administration a/s founded?

norhjem administration a/s was founded in 2016. It employs 11 to 50 people.

Where is norhjem administration a/s based?

norhjem administration a/s is headquartered in Aalborg, Denmark, in the Europe region.

How does norhjem administration a/s make money?

One revenue line is on record: property Administration Services.

Who are norhjem administration a/s's main competitors?

Direct peers on record are Newsec and DEAS Group. Akelius Residential Property AB is listed as a regional player. BoligPortal is listed as an emerging player. Broad incumbents are Heimstaden, EDC Erhverv Poul Erik Bech and Colliers Denmark. Danske Boligadvokater is listed as an others.

Does norhjem administration a/s have an API?

No public API is recorded for norhjem administration a/s.

What industry is norhjem administration a/s in?

norhjem administration a/s's product category is Residential Property Administration. Its primary akta.pro industry code is BPAJAFAL, Residential Lease Administration & Tenant Services, with a secondary code of BPAJAFAB, Single-Family Rental (SFR) Property Management. Its NAICS code is 531311 and its SIC code is 6513.