M&J Denmark A/S
CVR 45505316 · Public limited company (A/S) · Active · Low risk
M&J Denmark A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry fremstilling af andre maskiner til specielle formål i.a.n.. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 140.8m and a net result of DKK 31.1m. CEO: John Møller Terkelsen.
Bankruptcy risk for M&J Denmark 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
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Reduces the risk
Reporting classReporting class C, large enterprise · bankruptcy rate 0.2%0.03×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · 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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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
- 45505316
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (27 years)
- Address
- Vejlevej 5
8700 Horsens - Municipality
- Horsens
- Industry
- Fremstilling af andre maskiner til specielle formål i.a.n. (289900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n. - Share capital
- DKK 6.0m
- Employees
- 90 (2018)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 57.1% |
| Current ratio | 209% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 12 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 417.5m | DKK 342.5m | DKK 514.6m |
| Gross profit | DKK 125.4m | DKK 78.9m | DKK 152.1m |
| Net profit | DKK 31.1m | DKK -6.1m | DKK 32.8m |
| Equity | DKK 140.8m | DKK 109.7m | DKK 164.7m |
| Total assets | DKK 246.4m | DKK 284.5m | DKK 312.5m |
| Cash | DKK 11.9m | – | – |
| Short-term debt | DKK 85.4m | DKK 155.5m | – |
| Tax owed | DKK 6.1m | DKK 0 | – |
| Avg. employees | 111,000 | 116,000 | – |
Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · KPMG.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 70 | ||
| 1 Jan 2024 – 31 Dec 2024 | 80 | ||
| 1 Jan 2023 – 31 Dec 2023 | 82 | ||
| 1 Jan 2022 – 31 Dec 2022 | 90 | ||
| 1 Jan 2021 – 31 Dec 2021 | 160 | ||
| 1 Jan 2020 – 31 Dec 2020 | 158 | ||
| 1 Jan 2019 – 31 Dec 2019 | 246 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 148 | ||
| 1 Jan 2017 – 31 Dec 2017 | 148 | ||
| 1 Jan 2016 – 31 Dec 2016 | 139 | ||
| 1 Jan 2015 – 31 Dec 2015 | 124 | ||
| 1 Jan 2014 – 31 Dec 2014 | 114 | ||
| 1 Jan 2013 – 31 Dec 2013 | 128 | ||
| 1 Jan 2012 – 31 Dec 2012 | 153 | ||
| 1 Jan 2011 – 31 Dec 2011 | 159 | ||
| 1 Jan 2010 – 31 Dec 2010 | 125 | ||
| 1 Jan 2009 – 31 Dec 2009 | 150 | ||
| 1 Jan 2008 – 31 Dec 2008 | 104 | ||
| 1 Jan 2007 – 31 Dec 2007 | 65 | ||
| 1 Jan 2006 – 31 Dec 2006 | 116 |
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 | John Møller Terkelsen | Current | |
| CEO | Poul Nørby Hansen | – | |
| CEO | Per Kristensen | ||
| CEO | Hans Schmidt Rasmussen | ||
| CEO | Per Kristensen | ||
| CEO | Claus Olaf Nielsen | ||
| CEO | Uffe Hansen | ||
| CEO | René Normann Christensen | ||
| Board | John Naldal | Current | |
| Board | Kim Frandsen | Current | |
| Board | Carsten Nygaard Knudsen | Current | |
| Board | Tero Juhana Telaranta | Current | |
| Board | Mette Dobel | Current | |
| Board | Wim Christiaan Henricus van Lieshout | Current | |
| Board | Hans Erik Ahlström | Current | |
| Board | Maija Anneli Joutsenkoski | Current | |
| Board | Ove Johansen | – | |
| Board | Leif Thun Rasmussen | – | |
| Board | Claus Olaf Nielsen | – | |
| Board | Elvar Vinum | – | |
| Board | Mogens Kall Christensen | – | |
| Board | Ole Ejner Viggo Andersen | – | |
| Board | Niels Jørgen Loft | – | |
| Board | Flemming Pedersen | – | |
| Board | Jørgen Dammann | – | |
| Board | Jørgen Dammann | – | |
| Board | Kaj Erik Andersen | – | |
| Board | Herluf Rye | – | |
| Board | Claus Bjørn Heinze | – | |
| Board | Edvard Noszczyk | – | |
| Board | Klaus Bro | – | |
| Board | Poul Hermann | – | |
| Board | Jens Nielsen Engberg Jensen | – | |
| Board | Benny Sørensen | – | |
| Board | Svend Danielsen | – | |
| Board | Heinrich Hemfort | – | |
| Board | Peter Jurgen Schenk | – | |
| Board | Jørgen Møller-Rasmussen | ||
| Board | Jan Koutrup | ||
| Board | Torben Hjorth Pedersen | ||
| Board | Uwe Lüders | ||
| Board | Per Kristensen | ||
| Board | Hans Werner Fugmann | ||
| Board | Hans Schmidt Rasmussen | ||
| Board | Ove Johansen | ||
| Board | Flemming Nordahl Honoré | ||
| Board | Kim Kirkegaard | ||
| Board | Claus Jensen | ||
| Board | Alice Margrethe Petersen | ||
| Board | Claus Olaf Nielsen | ||
| Board | Mads Vigh | ||
| Board | Jan Vestergaard Olsen | ||
| Board | Per Kristensen | ||
| Board | Steen Lønberg Jørgensen | ||
| Board | John Naldal | ||
| Board | Michael Stampe Hagh | ||
| Board | Lars Dybkjær | ||
| Board | Elisa Kristiina Erkkilä | ||
| Board | Antti Ilmari Erkamo | ||
| Board | Bo Christoffer Ribbing | ||
| Board | René Gissinger | ||
| Board | Asko Partti | ||
| Board | Hannu-Kalle Reponen | ||
| Board | Ole Kannerup Rasmussen | ||
| Board | Steen Lindebjerg Tønnes | ||
| Board | Ebba Erica Aminoff | ||
| Board | Eeva-Liisa Virkkunen | ||
| Board | Lasse Mejer Hansen | ||
| Board | Jesper Dahl | ||
| Board | Henning Lindbjerg | ||
| Board | Lasse Mejer Hansen | ||
| Board | Elisa Kristiina Erkkilä | ||
| Board | Uffe Hansen | ||
| Board | John Møller Terkelsen | ||
| Board | Minna Marita Helppi | ||
| Board | Mathias Noll | ||
| Board | Pasi Ilkka Juhani Koota | ||
| Owner (100%) | M&J Recycling Group ApS | Current | |
| Owner (100%) | Metso Outotec Finland Oy | ||
| Owner (100%) | Metso Outotec Finland Oy | ||
| Owner (100%) | Metso Outotec Finland Oy | ||
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | – | |
| Auditor | ANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB | – | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | KPMG P/S |
The CEOs' other companies
John Møller Terkelsen – 1 other companies
- M&J Recycling Group ApS Active
Poul Nørby Hansen – 13 other companies
- A/S PHØNIX CONTRACTORS Fusioneret
- DDS-KRØYER A/S Fusioneret
- EATON ELECTRIC ApS Active
- Envases Europe A/S Active
- HIN A/S Active
- HORSENS HAVN A/S Fusioneret
- HORSENS KOMMUNES UDVIKLINGSSELSKAB A/S Fusioneret
- HORSENS STEVEDORE KOMPAGNI A/S Opløst
- REN JORD A/S Opløst
- SEMCO A/S Fusioneret
- SEMCO MARITIME A/S Active
- SM AF 12.1.1995 A/S Opløst
- TOVVÆRKSFABRIKKEN ESBJERG A/S Opløst
Per Kristensen – 18 other companies, of which 3 bankrupt
- EJENDOMSAKTIESELSKABET PAKHUSET Bankrupt 31 May 2012
- EJENDOMSSELSKABET VITUS A/S Bankrupt 1 Apr 2009
- RetailWise ApS Bankrupt 1 Dec 2017
- A/S TYSKE METROPOLER Opløst
- AEOLUS HOLDING A/S Compulsorily dissolved
- AKTIESELSKABET AF 7. OKTOBER 2009 Opløst
- EJENDOMSSELSKABET GASVÆRKSVEJ A/S Active
- EJENDOMSSELSKABET NYVANG, MIDDELFART A/S Active
- Ejendomsselskabet Gasværksvej 18 A/S Active
- Ejendomsselskabet Sohngårdsholmsvej A/S Active
- Ejendomsselskabet Udsigten A/S Active
- GYDEVANG 25 ApS Opløst
- INVESTERINGSSELSKABET 221009 ApS Opløst
- KOMPLEMENTARSELSKABET SØNDERVANG ApS Active
- PKR INVEST ApS Active
- PSC Familieinvest ApS Active
- TYSKE BOLIGER HOLDING 2 ApS Opløst
- Udsigtens P-selskab ApS Active
Hans Schmidt Rasmussen – 2 other companies
Claus Olaf Nielsen – 15 other companies
- 12.12.12.12.12 A/S Opløst
- AKTIESELSKABET AF 7. OKTOBER 2009 Opløst
- ATHCO-ENGINEERING A/S Active
- C.F. NIELSEN A/S Active
- C.O.N. Finans ApS Active
- C.O.N. INDUSTRIES ApS Active
- C.O.N. Industries Holding ApS Active
- C.O.N.N.C. ApS Fusioneret
- COMBI-MONTAGE, KOLDING A/S Opløst
- DE AVES ApS Opløst
- Duf 2002 A/S i Likvidation Opløst
- HORSENS KOMMUNES UDVIKLINGSSELSKAB A/S Fusioneret
- LANGELINIE GRUPPEN HORSENS ApS Opløst
- VOICEBIRD ApS Active
- Østjysk Invest Horsens II ApS Opløst
Uffe Hansen – 4 other companies
- HANCO ASSETS A/S Compulsorily dissolved
- JimJams Holding ApS Active
- M&J Denmark Properties ApS Active
- SAWO A/S Active
René Normann Christensen – 11 other companies
- ACH6 INVEST APS Active
- GLUNZ & JENSEN MICROFLEX A/S Fusioneret
- Glunz & Jensen A/S Active
- H.C. ANDERSEN. BAGERGÅRDEN A/S Fusioneret
- IMN INVEST APS Active
- LSN INVEST APS Active
- M&J Denmark Properties ApS Active
- M&J Recycling Group ApS Active
- NVN INVEST APS Active
- RNC INVEST APS Active
- Selandia Park A/S Active
Address history (0 moves)
| Vejlevej 5, 8700 Horsens |
Former names
| M&J Denmark A/S | – now |
| METSO DENMARK A/S | – |
| M&J INDUSTRIES A/S | – |
| NIRO INDUSTRIES A/S | – |
| NIRO SEPARATION A/S | – |
Employees per year
Other companies at the same address
- M&J Denmark Properties ApS Active
- M&J Management Holding ApS Active
- M&J Recycling Group ApS Active
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Questions and answers about M&J Denmark A/S
Has M&J Denmark A/S gone bankrupt?
No, M&J Denmark A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of M&J Denmark 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 CEO of M&J Denmark A/S?
John Møller Terkelsen is the CEO of M&J Denmark A/S.
Who is the auditor of M&J Denmark A/S?
M&J Denmark A/S most recently used EY Godkendt Revisionspartnerselskab.
When was M&J Denmark A/S founded?
M&J Denmark A/S was founded on 16 October 1999.
What is the equity of M&J Denmark A/S?
Equity was DKK 140.8m 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.