M&j Airlaid Products A/S
Public limited companyCVR 30726235HorsensActive
M&j Airlaid Products A/S is a public limited company, based in Horsens, active in manufacture of household, sanitary and toilet articles of paper, founded in 2007. Net profit rose 36% from 2024 to 2025, ending at DKK 5.2m. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 36% (2024 → 2025), to DKK 26.9m.
- Net profit rose 36% (2024 → 2025), to DKK 5.2m.
- Equity rose 9% (2024 → 2025), to DKK 17.8m.
Employees
- 7 fewer employees than a year earlier: 21 (08/2026) against 28 (08/2025).
Management and owners, last 24 months
- New in management: Kenneth Hyttel (board member, 01/06/2026) and Jaana Maarit Kohvakka (chair of the board, 01/06/2026).
- Stepped down: Jaana Maarit Kohvakka (board member, 31/05/2026) and Timo Antero Saahko (chair of the board, 01/06/2026).
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 630,083 | 14,779 | 14,112 | 16,459 | 19,791 | 26,891 | +35.9% |
| Operating profit (EBIT) | 620,398 | 2,587 | 3,552 | 4,041 | 5,196 | 7,072 | +36.1% |
| Profit before tax | 620,352 | 2,549 | 3,185 | 4,574 | 4,939 | 6,713 | +35.9% |
| Net profit | 483,874 | 1,981 | 2,484 | 3,565 | 3,848 | 5,229 | +35.9% |
| Total assets | 30,639 | 21,596 | 21,722 | 29,274 | 33,336 | 43,620 | +30.8% |
| Equity | 23,004 | 14,985 | 12,470 | 16,035 | 16,383 | 17,812 | +8.7% |
| Liabilities | 7,635 | 6,611 | 9,252 | 13,090 | 16,573 | 25,146 | +51.7% |
| Cash and cash equivalents | 3,982 | 2,701 | 428 | 281 | 606 | 0 | −100% |
| Average number of employees | 12 | 13 | 15 | 16 | 18 | 23 | +27.8% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five latest annual reports in a row.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 21/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 02/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 31/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 24/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 25/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 07/06/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
3 companies in the databaseComparison with the other companies in manufacture of household, sanitary and toilet articles of paper based on the latest financial year.
Industry median: gross profit DKK 26.9m, net profit DKK 5.2m, equity DKK 17.8m, 23 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 1,662of 9,892 Better than 83% | No. 1,948of 9,922 Better than 80% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 2,621of 24,791 Better than 89% | No. 4,770of 24,909 Better than 81% |
| All companies of type A/S18,025 companies in the comparison | No. 4,749of 17,786 Better than 73% | No. 6,579of 18,024 Better than 64% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Manufacture of household, sanitary and toilet articles of paper- M&j Airlaid Products A/SDKK 26.9m
- Abena Produktion A/SDKK 337.1m
- LastObject ApSDKK 1.1m
- M&j Airlaid Products A/SDKK 5.2m
- Abena Produktion A/SDKK 63.1m
- LastObject ApS−DKK 1.5m
- M&j Airlaid Products A/SDKK 17.8m
- Abena Produktion A/SDKK 841.5m
- LastObject ApSDKK 3.4m
- M&j Airlaid Products A/S21
- Abena Produktion A/S482
- LastObject ApS7
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Mölnlycke Health Care AB100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kenneth Hyttel | CEO | 01/01/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| David James Butler | Board member | 08/07/2024 |
| Kenneth Hyttel | Board member | 01/06/2026 |
| Jaana Maarit Kohvakka | Chair of the board | 01/06/2026 |
- Founders
- A. Boye ApS, M. Brøchner ApS, JOB Bond Seven ApS
Former management (15)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jens Ole Brøchner Andersen | Board member | 18/07/2007 | 02/01/2019 |
| Jens Ole Brøchner Andersen | Director | 18/07/2007 | 31/12/2020 |
| Anne Mette Boye Kjærsgaard | Board member | 18/07/2007 | 02/01/2019 |
| Maiken Brøchner Melgaard | Chair of the board | 18/07/2007 | 02/01/2019 |
| Henning Skov Jensen | Board member | 01/10/2008 | 02/01/2019 |
| Morten Vigel Rise Hansen | Board member | 01/01/2014 | 31/12/2016 |
| Ulf Stefan Fristedt | Board member | 02/01/2019 | 17/10/2019 |
| Richard Michael Twomey | Chair of the board | 02/01/2019 | 01/07/2020 |
| Eric Ghislain R. de Kesel | Board member | 02/01/2019 | 30/06/2020 |
| Karin Marklinder | Board member | 17/10/2019 | 21/01/2021 |
| Eric Ghislain R. de Kesel | Chair of the board | 01/07/2020 | 18/08/2022 |
| Jaana Maarit Kohvakka | Board member | 01/07/2020 | 31/05/2026 |
| Timo Antero Saahko | Board member | 21/01/2021 | 17/08/2022 |
| Timo Antero Saahko | Chair of the board | 18/08/2022 | 01/06/2026 |
| Olli-Pekka Vartiainen | Board member | 18/08/2022 | 08/07/2024 |
Signing rule: Selskabet tegnes af en direktør, 2 bestyrelsesmedlemmer i forening eller af den samlede bestyrelse
Address and production units
1 active production unitsVejlevej 3
8700 Horsens
| Production unit | Address | Employees | P number |
|---|---|---|---|
| M&J AIRLAID PRODUCTS A/S | Vejlevej 3, 8700 Horsens | 21 | 1013481241 |
Purpose
Selskabets formål er produktion, handel og investering
The purpose is quoted from the register in Danish.
Changes year by year
45 registered events20265 changesmanagement 4 · accounts 1
- ManagementKenneth Hyttel appointed board member
- ManagementJaana Maarit Kohvakka appointed chair of the board
- ManagementTimo Antero Saahko stepped down as chair of the board
- ManagementJaana Maarit Kohvakka stepped down as board member
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20243 changesmanagement 2 · accounts 1
- ManagementDavid James Butler appointed board member
- ManagementOlli-Pekka Vartiainen stepped down as board member
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20225 changesmanagement 4 · accounts 1
- ManagementOlli-Pekka Vartiainen appointed board member
- ManagementTimo Antero Saahko appointed chair of the board
- ManagementEric Ghislain R. de Kesel stepped down as chair of the board
- ManagementTimo Antero Saahko stepped down as board member
- AccountsAnnual report for 2021 published
20214 changesaccounts 1 · management 3
- AccountsAnnual report for 2020 published
- ManagementTimo Antero Saahko appointed board member
- ManagementKarin Marklinder stepped down as board member
- ManagementKenneth Hyttel appointed ceo
20205 changesmanagement 5
- ManagementJens Ole Brøchner Andersen stepped down as director
- ManagementJaana Maarit Kohvakka appointed board member
- ManagementEric Ghislain R. de Kesel appointed chair of the board
- ManagementRichard Michael Twomey stepped down as chair of the board
- ManagementEric Ghislain R. de Kesel stepped down as board member
201911 changesmanagement 9 · ownership 2
- ManagementKarin Marklinder appointed board member
- ManagementUlf Stefan Fristedt stepped down as board member
- ManagementEric Ghislain R. de Kesel appointed board member
- ManagementRichard Michael Twomey appointed chair of the board
- ManagementUlf Stefan Fristedt appointed board member
- ManagementHenning Skov Jensen stepped down as board member
- ManagementMaiken Brøchner Melgaard stepped down as chair of the board
- ManagementAnne Mette Boye Kjærsgaard stepped down as board member
- ManagementJens Ole Brøchner Andersen stepped down as board member
- OwnershipMölnlycke Health Care AB registered as owner (100%)
- OwnershipBond Seven ApS is no longer registered as owner
20162 changesmanagement 1 · industry 1
- ManagementMorten Vigel Rise Hansen stepped down as board member
- IndustryIndustry changed to Manufacture of household, sanitary and toilet articles of paper (172200)
20141 changemanagement 1
- ManagementMorten Vigel Rise Hansen appointed board member
20131 changeownership 1
- OwnershipBond Seven ApS registered as owner (100%)
20081 changemanagement 1
- ManagementHenning Skov Jensen appointed board member
20075 changesfounded 1 · management 4
- FoundedRegistered as M&J AIRLAID PRODUCTS A/S
- ManagementJens Ole Brøchner Andersen appointed director
- ManagementMaiken Brøchner Melgaard appointed chair of the board
- ManagementAnne Mette Boye Kjærsgaard appointed board member
- ManagementJens Ole Brøchner Andersen appointed board member
Related companies
Same people in management
- Nedschroef Langeskov ApSvia Kenneth Hyttel
- Flonidan A/Svia Henning Skov Jensen
- JK Metal ApSvia Kenneth Hyttel
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.