Mads Z A/S
CVR 36535458 · Public limited company (A/S) · Active · Medium risk
Mads Z A/S is a Public limited company (A/S), founded on , based in Odense S. The company is registered in the industry engroshandel med ure og smykker. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 11 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 6.7m and a net result of DKK -2.2m. CEO: Mads Ziegler Nielsen.
Bankruptcy risk for Mads Z A/S
1.3 × the average (1.41%) · higher risk than 81% of active Danish companies
Increases the risk
Reduces the risk
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
- 36535458
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (11 years)
- Address
- Sivlandvænget 27C
5260 Odense S - Municipality
- Odense
- Industry
- Engroshandel med ure og smykker (464800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 5.0m
- Employees
- 8 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 11 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 26.0% |
| Current ratio | 120% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 13 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 5.9m | DKK 7.4m | DKK 8.0m |
| Net profit | DKK -2.2m | DKK -207k | DKK 788k |
| Equity | DKK 6.7m | DKK 8.9m | DKK 9.1m |
| Total assets | DKK 25.7m | DKK 26.7m | DKK 25.3m |
| Cash | DKK 30k | DKK 34k | – |
| Short-term debt | DKK 19.0m | DKK 17.8m | – |
| Tax owed | – | DKK 0 | – |
| Avg. employees | 13 | 12 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 176 | ||
| 1 Jan 2024 – 31 Dec 2024 | 100 | ||
| 1 Jan 2023 – 31 Dec 2023 | 71 | ||
| 1 Jan 2022 – 31 Dec 2022 | 111 | ||
| 1 Jan 2021 – 31 Dec 2021 | 98 | ||
| 1 Jan 2020 – 31 Dec 2020 | 90 | ||
| 1 Jan 2019 – 31 Dec 2019 | 105 | ||
| 1 Jan 2018 – 31 Dec 2018 | 84 | ||
| 1 Jan 2017 – 31 Dec 2017 | 144 | ||
| 1 Jan 2016 – 31 Dec 2016 | 109 | ||
| 26 Jan 2015 – 31 Dec 2015 | 71 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Mads Ziegler Nielsen | Current | |
| CEO | Peter Krogsgaard Jørgensen | ||
| Board | Mads Ziegler Nielsen | Current | |
| Board | Anders Marcus | Current | |
| Board | Peter Krogsgaard Jørgensen | Current | |
| Owner (50%) | M. ZIEGLER HOLDING ApS | Current | |
| Owner (20%) | Hannemor ApS | Current | |
| Owner (20%) | Marcus Kapital ApS | Current | |
| Owner (33%) | M. ZIEGLER HOLDING ApS | ||
| Owner (50%) | Markro HOLDING A/S | ||
| Owner (100%) | O/Z Holding A/S | ||
| Owner (50%) | O/Z Holding A/S | ||
| Owner (50%) | S/B Holding A/S | ||
| Owner (100%) | P/Z Holding A/S | ||
| Owner (33%) | Markro HOLDING A/S | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Founder | Markro HOLDING A/S | Current |
The CEOs' other companies
Mads Ziegler Nielsen – 4 other companies, of which 1 bankrupt
- K AF 20. FEBRUAR 2015 A/S Bankrupt 23 Feb 2015
- H & M EJENDOMSINVEST ApS Active
- M. ZIEGLER HOLDING ApS Active
- O/Z Holding A/S Fusioneret
Peter Krogsgaard Jørgensen – 50 other companies, of which 2 bankrupt
- BABY STEWIE ApS Bankrupt 8 Mar 2010
- K AF 20. FEBRUAR 2015 A/S Bankrupt 23 Feb 2015
- A-DALE DENMARK A/S Fusioneret
- A-DALE HOLDING A/S Fusioneret
- A/S Bolig Tranevej København Active
- A/S OBTON ITALIEN II Fusioneret
- ADD DEVELOPMENT ApS Active
- ALLERØD BYBOLIG ApS Active
- AR II 2019 ApS Active
- AROSII INFORMATION SYSTEMS HOLDINGA/S Fusioneret
- Agerbæks Have ApS Active
- Arresøvej 14-20, Risskov ApS Active
- Balance Privatinvestor A/S Active
- Berri Sport ApS Active
- Birkeknuden Ikast ApS Active
- Birkeknuden Ikast Holding ApS Active
- Blomsterhaven Holding A ApS Active
- Boeck-Hansens Vej Aalborg A/S Active
- Borgdalsparken ApS Active
- Brahesbakken, Horsens A/S Active
- Carlsbergvej 18 ApS Active
- Chr. Xs Vej 66 ApS Active
- Christian & Marie Invest ApS Active
- Cronus Bidco ApS Active
- DIFKO SOLENERGI BRUXELLES I KOMPLEMENTARANPARTSSELSKAB Active
- Ejendomsprojekt 3 A/S Active
- Ejendomsselskabet Christen Købkes Gade 9 ApS Active
- Ejendomsselskabet Englandsvej 45 ApS Active
- Ejendomsselskabet Torvehuset I ApS Active
- Ejendomsselskabet Torvehuset II ApS Active
Address history (2 moves)
| Sivlandvænget 27C, 5260 Odense S | |
| Hack Kampmanns Plads 1, 2. tv, 8000 Aarhus C | |
| Nordhavnsgade 1, 2. tv, 8000 Aarhus C |
Former names
| Mads Z A/S | – now |
| Mads Ziegler A/S | – |
| Ziegler Jewellery A/S | – |
| YELLOW G ApS | – |
Employees per year
Other companies at the same address
- DANAPAK R&D CENTER A/S Fusioneret
- EJL 201 ApS Active
- FYNS KONTOR CENTER A/S Fusioneret
- H & M EJENDOMSINVEST ApS Active
- JTA, ODENSE ApS Active
- M. ZIEGLER HOLDING ApS Active
- MEDWARE ApS Active
- NJ-EJENDOMME ApS Opløst
- NJ-GRUPPEN A/S Active
- O/Z Holding A/S Fusioneret
- RGV 115 ApS Opløst
- RSP HOLDING ApS Active
- RSP SYSTEMS A/S Active
Similar companies in Odense
- Blossom Copenhagen Retail ApS Odense C
- Skibhusvej A/S Odense SV
- H. C. ANDERSEN WATCHES ApS Odense C
- Lexiismykker ApS Odense M
- F5 ApS Odense N
- SANNE JUUL JENSEN ApS Odense C
- LC GENEVE ApS Odense C
- PAUS-JENSSEN OPTIKK ApS Odense C
Questions and answers about Mads Z A/S
Has Mads Z A/S gone bankrupt?
No, Mads Z A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Mads Z A/S?
Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.
Who is the CEO of Mads Z A/S?
Mads Ziegler Nielsen is the CEO of Mads Z A/S.
Who is the auditor of Mads Z A/S?
Mads Z A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was Mads Z A/S founded?
Mads Z A/S was founded on 26 January 2015.
What is the equity of Mads Z A/S?
Equity was DKK 6.7m 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.