MT Højgaard Property Development A/S

CVR 35865829 · Public limited company (A/S) · Active · Low risk

MT Højgaard Property Development A/S is a Public limited company (A/S), founded on , based in Søborg. The company is registered in the industry gennemførelse af byggeprojekter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 12 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 109.2m and a net result of DKK -14.6m. CEO: Carsten Elbrønd Nielsen.

Bankruptcy risk for MT Højgaard Property Development A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

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×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
35865829
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
Knud Højgaards Vej 7
2860 Søborg
Municipality
Gladsaxe
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 1.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityNo
Equity ratio31.4%
Current ratio114%
Moves (last 2 years)0
CEO changes in total16
CEO's previous bankruptcies0
Other companies at the address36
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 264.0mDKK 323.5mDKK 330.2m
Gross profitDKK 14.5mDKK 21.2mDKK 6.4m
Net profitDKK -14.6mDKK 15.0mDKK 6.0m
EquityDKK 109.2mDKK 123.7mDKK 108.6m
Total assetsDKK 348.0mDKK 506.9mDKK 561.9m
CashDKK 13.5mDKK 26.5m–
Short-term debtDKK 233.4mDKK 376.1m–
Avg. employees1029–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202583
1 Jan 2024 – 31 Dec 202485
1 Jan 2023 – 31 Dec 202395
1 Jan 2022 – 31 Dec 202283
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 201971
1 Jan 2018 – 31 Dec 201838
1 Jan 2017 – 31 Dec 201729
1 Jan 2016 – 31 Dec 201681
1 Jan 2015 – 31 Dec 201595
4 Jun 2014 – 31 Dec 201489

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
CEOCarsten Elbrønd NielsenCurrent
CEOKlaus Søgaard
CEOEgil Mølsted Madsen
CEOTorben Biilmann
CEOJørgen Enegaard Nicolajsen
CEOAnders Heine Jensen
CEOMartin Stig Solberg
CEOMorten Hansen
CEOMorten Hansen
CEOErik Nielsen
CEOMads Bøgelund Lauritzen
BoardCarsten Elbrønd NielsenCurrent
BoardHoang Bao Pedersen-NguyenCurrent
BoardNiels Holm MikkelsenCurrent
BoardKlaus Søgaard
BoardJens Jakob Skaadstrup Andersen
BoardAnders Ørjan Jensen
BoardMorten Hansen
BoardMartin Stig Solberg
BoardRasmus Untidt
BoardMorten Hansen
BoardMartin Stig Solberg
BoardMorten Hansen
BoardHenrik Mielke
BoardSteffen Martin Baungaard
BoardRasmus Untidt
BoardDennis Nørgaard
BoardCarsten Lund
Owner (100%)MT Højgaard Danmark A/SCurrent
Owner (100%)MT Højgaard Danmark A/S
Owner (100%)MT Højgaard Holding A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderGORRISSEN FEDERSPIEL KOMPLEMENTAR ADVOKATANPARTSSELSKABCurrent

The CEOs' other companies

Carsten Elbrønd Nielsen – 30 other companies, of which 1 bankrupt

Klaus Søgaard – 31 other companies, of which 31 bankrupt

Egil Mølsted Madsen – 47 other companies

Torben Biilmann – 46 other companies

Jørgen Enegaard Nicolajsen – 51 other companies

Anders Heine Jensen – 36 other companies

Martin Stig Solberg – 52 other companies

Morten Hansen – 48 other companies

Erik Nielsen – 39 other companies

Mads Bøgelund Lauritzen – 30 other companies

Address history (3 moves)

Knud Højgaards Vej 7, 2860 Søborg
c/o MT Højgaard A/S, Knud Højgaards Vej 7, 2860 Søborg
c/o MT Højgaard A/S, Knud Højgaards Vej 9, 2860 Søborg
c/o Gorrissen Federspiel, H.C. Andersens Boulevard 12, 1553 København V

Former names

MT Højgaard Property Development A/S – now
MT Højgaard Projektudvikling A/S –
BIRKEKÆR/TEGLVÆNGET, ROSKILDE ApS –
GFJUS 8723 ApS –

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about MT Højgaard Property Development A/S

Has MT Højgaard Property Development A/S gone bankrupt?

No, MT Højgaard Property Development A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MT Højgaard Property Development A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MT Højgaard Property Development A/S?

Carsten Elbrønd Nielsen is the CEO of MT Højgaard Property Development A/S.

Who is the auditor of MT Højgaard Property Development A/S?

MT Højgaard Property Development A/S most recently used EY Godkendt Revisionspartnerselskab.

When was MT Højgaard Property Development A/S founded?

MT Højgaard Property Development A/S was founded on 4 June 2014.

What is the equity of MT Højgaard Property Development A/S?

Equity was DKK 109.2m 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.