Using NODBC with variable company

I'm trying to read from the Navision C/Side database through NODBC. The default DSN that is created when installing NODBC does not contain a reference to a database file and company.
I've tried calling this DSN and specifying database and company in my connection string, but without success:

DSN=Navision Database;
Datbase=<path>;
CN=<company>;

Also, when I specify the database in the DSN itself, a reference to the company using the CN= syntax returns the error message "Company does not exist".

Does anybody know whether or not this can be done? If so, what syntax should be used in the connection string?
Even better would be specifying the entire connection from my own app, like

Driver=Microsoft Navision Driver;
Database= ...;
Company= ...;
etc

Is this possible?

Thanks,
Hans