MAX FODGAARD A/S

CVR 24179818 · Public limited company (A/S) · Active · Low risk

MAX FODGAARD A/S is a Public limited company (A/S), founded on , based in Hvidovre. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 201.4m and a net result of DKK 26.5m.

Bankruptcy risk for MAX FODGAARD A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
24179818
Status
Active
Company type
Public limited company (A/S)
Founded
(64 years)
Address
Sydholmen 10
2650 Hvidovre
Municipality
Hvidovre
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 7.5m
Employees
60 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio86.9%
Current ratio723%
Moves (last 2 years)0
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 80.4mDKK 89.1m
Net profitDKK 26.5mDKK 34.7m
EquityDKK 201.4mDKK 176.9m
Total assetsDKK 231.8mDKK 219.1m
CashDKK 44.0m–
Short-term debtDKK 29.4m–
Tax owedDKK 1.0m–
Avg. employees67–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202584
1 Jan 2024 – 31 Dec 202491
1 Jan 2023 – 31 Dec 2023102
1 Jan 2022 – 31 Dec 202293
1 Jan 2021 – 31 Dec 2021101
1 Jan 2020 – 31 Dec 202099
1 Jan 2019 – 31 Dec 201998
1 Jan 2018 – 31 Dec 2018113
1 Jan 2017 – 31 Dec 2017103
1 Jan 2016 – 31 Dec 2016116
1 Jan 2015 – 31 Dec 2015109
1 Jan 2014 – 31 Dec 2014103
1 Jan 2013 – 31 Dec 2013128
1 Jan 2012 – 31 Dec 2012114
1 Jan 2011 – 31 Dec 2011128
1 Jan 2010 – 31 Dec 2010121
1 Jan 2009 – 31 Dec 200988
1 Jan 2008 – 31 Dec 200895
1 Jan 2007 – 31 Dec 200787
1 Jan 2006 – 31 Dec 200686

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOKnud Richard Knudsen
CEOOve Linde
CEODennis Hebsgaard
CEOHolger Slyngborg Madsen
CEOMarianne Fox
CEOMads Vestergaard Olesen
CEOPeter Lykke Thomsen
CEOErik Schmidt
CEOPeter Lykke Thomsen
BoardKlaus SøgaardCurrent
BoardSøren FodgaardCurrent
BoardMarianne FoxCurrent
BoardJohn IbsenCurrent
BoardJørgen Robert GlenthøjCurrent
BoardPeter Lykke ThomsenCurrent
BoardKnud Richard Knudsen
BoardGertrud Fodgaard
BoardMax Fodgaard
BoardJohn Herbert Winther
BoardMogens Laursen
BoardPeter Lykke Thomsen
Owner (100%)MAX FODGAARD FONDENCurrent
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorEjner Søndberg
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorREVISIONSFIRMAET GUTFELT A/S

The CEOs' other companies

Knud Richard Knudsen – 17 other companies, of which 1 bankrupt

Ove Linde – 3 other companies

Holger Slyngborg Madsen – 2 other companies

Marianne Fox – 1 other companies

Mads Vestergaard Olesen – 16 other companies

Peter Lykke Thomsen – 21 other companies, of which 2 bankrupt

Erik Schmidt – 2 other companies

Address history (2 moves)

Sydholmen 10, 2650 Hvidovre
Sydholmen 10, 2650 Hvidovre
Heimdalsgade 33, 2200 København N

Employees per year

Number of employees at MAX FODGAARD A/S per year34682011: 5720112012: 6820122013: 6220132014: 6320142015: 6120152016: 5720162017: 6020172018: 602018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about MAX FODGAARD A/S

Has MAX FODGAARD A/S gone bankrupt?

No, MAX FODGAARD A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MAX FODGAARD A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of MAX FODGAARD A/S?

MAX FODGAARD A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MAX FODGAARD A/S founded?

MAX FODGAARD A/S was founded on 12 February 1962.

What is the equity of MAX FODGAARD A/S?

Equity was DKK 201.4m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.