MAX MATHIESEN & SØN A/S

CVR 25386523 · Public limited company (A/S) · Active · Low risk

MAX MATHIESEN & SØN A/S is a Public limited company (A/S), founded on , based in Varde. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 10.4m and a net result of DKK 2.1m. CEO: Michael Lindholm Mathiesen.

Bankruptcy risk for MAX MATHIESEN & SØN A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×

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
25386523
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Håndværkervej 5
6800 Varde
Municipality
Varde
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 1.2m
Employees
24 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 26
Missing annual reportNo
Negative equityNo
Equity ratio43.5%
Current ratio155%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 7.5mDKK 8.7mDKK 5.3m
Net profitDKK 2.1mDKK 1.4mDKK -833k
EquityDKK 10.4mDKK 8.3mDKK 6.8m
Total assetsDKK 23.8mDKK 21.9mDKK 17.0m
CashDKK 4.0mDKK 2.5m–
Short-term debtDKK 12.7mDKK 13.6m–
Avg. employees1820–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202584
1 Jan 2024 – 31 Dec 202484
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019188 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017155
1 Jan 2016 – 31 Dec 2016172
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014114
1 Jan 2013 – 31 Dec 201378
1 Jan 2012 – 31 Dec 201270
1 Jan 2011 – 31 Dec 2011108
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008113
1 Jan 2007 – 31 Dec 2007129
1 Jan 2006 – 31 Dec 2006169

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
CEOMichael Lindholm MathiesenCurrent
CEOHenning Mathiesen
BoardMichael Lindholm MathiesenCurrent
BoardJesper Møller LoklindtCurrent
BoardKarina Hadberg EspersenCurrent
BoardHenning Mathiesen
BoardFlemming Skriver Matthisson
BoardJesper Møller Loklindt
BoardInger Bouny Mathiesen
Owner (100%)H. + M.-HOLDING ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderAKTIESELSKABET AF 8.11.1991Current

The CEOs' other companies

Michael Lindholm Mathiesen – 10 other companies

Henning Mathiesen – 15 other companies, of which 1 bankrupt

Address history (1 moves)

Håndværkervej 5, 6800 Varde
Håndværkervej 5, 6800 Varde

Employees per year

Number of employees at MAX MATHIESEN & SØN A/S per year16322011: 2920112012: 3020122013: 3020132014: 3220142015: 2220152016: 2820162017: 2020172018: 242018

Other companies at the same address

Similar companies in Varde

Questions and answers about MAX MATHIESEN & SØN A/S

Has MAX MATHIESEN & SØN A/S gone bankrupt?

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

What is the bankruptcy risk of MAX MATHIESEN & SØN A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MAX MATHIESEN & SØN A/S?

Michael Lindholm Mathiesen is the CEO of MAX MATHIESEN & SØN A/S.

Who is the auditor of MAX MATHIESEN & SØN A/S?

MAX MATHIESEN & SØN A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MAX MATHIESEN & SØN A/S founded?

MAX MATHIESEN & SØN A/S was founded on 18 May 2000.

What is the equity of MAX MATHIESEN & SØN A/S?

Equity was DKK 10.4m 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.