MARS DANMARK A/S

CVR 63203211 · Public limited company (A/S) · Active · Low risk

MARS DANMARK A/S is a Public limited company (A/S), founded on , based in København S. The company is registered in the industry engroshandel med andre fødevarer. 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 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 61.7m and a net result of DKK 49.5m. CEO: Piotr Kaznowski.

Bankruptcy risk for MARS DANMARK 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

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×

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
63203211
Status
Active
Company type
Public limited company (A/S)
Founded
(54 years)
Address
Kay Fiskers Plads 10
2300 København S
Municipality
København
Industry
Engroshandel med andre fødevarer (463800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 5.4m
Employees
140 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 31
Missing annual reportNo
Negative equityNo
Equity ratio27.8%
Current ratio137%
Moves (last 2 years)0
CEO changes in total15
CEO's previous bankruptcies0
Other companies at the address46
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 631.6mDKK 616.2m
Gross profitDKK 195.4mDKK 238.1m
Net profitDKK 49.5mDKK 108.4m
EquityDKK 61.7mDKK 117.2m
Total assetsDKK 222.1mDKK 287.4m
CashDKK 0–
Short-term debtDKK 154.9m–
Tax owedDKK 0–
Avg. employees138–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020185 Late
1 Jan 2019 – 31 Dec 2019149
1 Jan 2018 – 31 Dec 2018133
1 Jan 2017 – 31 Dec 2017129
1 Jan 2016 – 31 Dec 2016137
1 Jan 2015 – 31 Dec 2015125
1 Jan 2014 – 31 Dec 2014144
1 Jan 2013 – 31 Dec 2013121
1 Jan 2012 – 31 Dec 2012121
1 Jan 2011 – 31 Dec 2011122
1 Jan 2010 – 31 Dec 2010128
1 Jan 2009 – 31 Dec 2009131
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007128
1 Jan 2006 – 31 Dec 2006157

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
CEOPiotr KaznowskiCurrent
CEOHermann Hans-Gerd Füchtenkort
CEOHelle Kruse Nielsen
CEORalf Josef Lottermann
CEOAndreas Jacobsen
CEOAtle Farmen
CEOMalte Damman
CEOJonas Victor Schauman
CEOMaria Gutyerres
BoardNina Hald DalgaardCurrent
BoardEleni GeorgountzouCurrent
BoardPiotr KaznowskiCurrent
BoardEskil Trolle
BoardJørgen Reimer Jensen
BoardLeif Ole Lund-Andersen
BoardJørgen Christian Mogensen
BoardHermann Hans-Gerd Füchtenkort
BoardHelle Kruse Nielsen
BoardHelge Røstad
BoardPeter le Fèvre
BoardRalf Josef Lottermann
BoardGary John Williamson
BoardAnne-Marie Poliquin
BoardStina Bjerg Nielsen
BoardAndreas Jacobsen
BoardAtle Farmen
BoardJacek Szarzynski
BoardLars Tinneberg Pedersen
BoardRoland Sebastiaan Baas
BoardMalte Damman
BoardSébastien Michele Thierry Léonard
BoardKlaus Ewald Madsen
BoardAnnette Zeipel
BoardAnnette Zeipel
BoardSusana Canals Gras
BoardHenning Astrup
BoardJoseph Chemali
BoardKim Devald
BoardAdrian Comaneci
BoardJonas Victor Schauman
BoardAlison Mary Dunmar
BoardTudor Mircea Muresan
BoardJuliane Weigt
BoardMaria Gutyerres
Owner (100%)Mars IncorporatedCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB

The CEOs' other companies

Helle Kruse Nielsen – 6 other companies

Address history (3 moves)

Kay Fiskers Plads 10, 2300 København S
Ørestads Boulevard 67, 2300 København S
Ørestads Boulevard 68, 2300 København S
Ringager 2A, 2605 Brøndby

Former names

MARS DANMARK A/S – now
MASTERFOODS A/S –
MASTER FOODS A/S –

Employees per year

Number of employees at MARS DANMARK A/S per year701402011: 6620112012: 8620122013: 11520132014: 12120142015: 12720152016: 13820162017: 14020172018: 1402018

Other companies at the same address

Similar companies in København

Questions and answers about MARS DANMARK A/S

Has MARS DANMARK A/S gone bankrupt?

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

What is the bankruptcy risk of MARS DANMARK 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 MARS DANMARK A/S?

Piotr Kaznowski is the CEO of MARS DANMARK A/S.

Who is the auditor of MARS DANMARK A/S?

MARS DANMARK A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MARS DANMARK A/S founded?

MARS DANMARK A/S was founded on 5 November 1971.

What is the equity of MARS DANMARK A/S?

Equity was DKK 61.7m 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.