CVRdatabase
Menu

Max Fodgaard A/S

Public limited companyCVR 24179818HvidovreActive

Max Fodgaard A/S is a public limited company, based in Hvidovre, active in wholesale of other machinery and equipment, founded in 1962. Net profit fell 24% from 2024 to 2025, ending at DKK 26.5m. Operations are spread over 3 production units in 3 towns. With 68 employees, the company is about 11 times larger than the industry median.

Follow
PDF reportCompare

Key figures · financial year 2025

Gross profitDKK 80.4m−9.7% vs. 2024
Net profitDKK 26.5m−23.7% vs. 2024
EquityDKK 201.4m+13.8% vs. 2024
Employees68latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 10% (2024 → 2025), to DKK 80.4m.
  • Net profit fell 24% (2024 → 2025), to DKK 26.5m.
  • Equity rose 14% (2024 → 2025), to DKK 201.4m.

Employees

  • 1 fewer employees than a year earlier: 68 (08/2026) against 69 (08/2025).

Management and owners, last 24 months

  • New in management: Anders Melgaard Clausen (ceo, 01/02/2025) and Peter Lykke Thomsen (board member, 25/03/2025).
  • Stepped down: Peter Lykke Thomsen (director, 01/02/2025).

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 thousand

Equity and net profit

DKK 0DKK 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
EquityNet profit
Financial figures for Max Fodgaard A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit47,43349,97355,02783,47889,08980,441−9.7%
Operating profit (EBIT)9,46912,32516,01437,38440,72532,338−20.6%
Profit before tax10,06515,09915,45139,68644,62434,147−23.5%
Net profit7,93811,76612,02430,91534,68626,482−23.7%
Total assets118,001130,103145,632180,043219,091231,817+5.8%
Equity94,550104,816115,340144,255176,941201,424+13.8%
Liabilities22,46924,21729,20134,71441,14329,441−28.4%
Cash and cash equivalents18,21014,75815,76728,38524,61844,031+78.9%
Average number of employees636261646667+1.5%

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (1,000 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Max Fodgaard A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202311/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202111/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202009/04/2021The companyPDFXBRL

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 CVR
0102030405060708009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,000 companies in the database

Comparison with the other companies in wholesale of other machinery and equipment based on the latest financial year.

Gross profitDKK 80.4mNo. 45 of 1,000
Better than 96% of the companies in the industry
EquityDKK 201.4mNo. 19 of 1,000
Better than 98% of the companies in the industry
Number of employees68No. 51 of 1,000
Better than 95% of the companies in the industry

Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.

DKK 100kDKK 961kDKK 9.2mDKK 88.8mDKK 401.7mHere
Distribution of gross profit for 957 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 944of 4,412
Better than 79%
No. 341of 4,466
Better than 92%
Same industry and 50–199 employees62 companies in the comparison
No. 26of 62
Better than 59%
No. 6of 62
Better than 92%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,012of 10,152
Better than 90%
No. 792of 10,275
Better than 92%
All companies of type A/S18,025 companies in the comparison
No. 1,909of 17,786
Better than 89%
No. 1,433of 18,024
Better than 92%

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

Wholesale of other machinery and equipment
Gross profit
  1. Max Fodgaard A/SDKK 80.4m
  2. HydraSpecma A/SDKK 854.1m
  3. Sanovo Technology A/SDKK 779.2m
Net profit
  1. Max Fodgaard A/SDKK 26.5m
  2. HydraSpecma A/SDKK 142.1m
  3. Sanovo Technology A/SDKK 204.2m
Equity
  1. Max Fodgaard A/SDKK 201.4m
  2. HydraSpecma A/SDKK 1.2bn
  3. Sanovo Technology A/SDKK 592.3m
Employees
  1. Max Fodgaard A/S68
  2. HydraSpecma A/S365
  3. Sanovo Technology A/S216

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Max Fodgaard Fonden100%
Max Fodgaard A/S

Management

7 active registrations

Executive management

Executive management at Max Fodgaard A/S
NameRoleAppointed
Anders Melgaard ClausenCEO01/02/2025

Board of directors

Board of directors at Max Fodgaard A/S
NameRoleAppointed
Klaus SøgaardBoard member27/08/2002
Søren FodgaardChair of the board27/08/2002
Marianne FoxBoard member27/08/2002
John IbsenBoard member26/03/2007
Jørgen Robert GlenthøjBoard member16/06/2010
Peter Lykke ThomsenBoard member25/03/2025
Former management (16)
Former management at Max Fodgaard A/S
NameRoleAppointedResigned
Knud Richard KnudsenBoard member12/02/196227/08/2002
Knud Richard KnudsenDirector12/02/196227/08/2002
Ove LindeDirector12/02/196224/06/1992
Gertrud FodgaardChair of the board12/02/196227/08/2002
Dennis HebsgaardDirector12/02/196208/08/1991
Max FodgaardBoard member12/02/196224/06/1992
Max FodgaardCEO12/02/196224/06/1992
John Herbert WintherBoard member27/08/200216/06/2010
Mogens LaursenBoard member27/08/200226/03/2007
Holger Slyngborg MadsenDirector27/08/200201/10/2010
Marianne FoxDirector01/10/201001/01/2011
Mads Vestergaard OlesenDirector01/01/201101/05/2012
Peter Lykke ThomsenDirector01/05/201202/05/2018
Erik SchmidtDirector02/05/201801/01/2019
Peter Lykke ThomsenBoard member01/08/201801/01/2019
Peter Lykke ThomsenDirector01/01/201901/02/2025

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af en direktør og et bestyrelses medlem i forening.

Address and production units

3 active production units

Sydholmen 10
2650 Hvidovre

Hvidovre Municipality · Postcode 2650

Production units
Production unitAddressEmployeesP number
MAX FODGAARD A/SSydholmen 10, 2650 Hvidovre181003013740
MAX FODGAARD A/S SKANDERBORGNiels Bohrs Vej 33, Stilling, 8660 Skanderborg131003013752
Max Fodgaard A/S MunkeboLindø Vestvej 1, 5330 Munkebo31017722200

Purpose

Selskabets formål er at drive fabrikation og handel

The purpose is quoted from the register in Danish.

Changes year by year

52 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20254 changesaccounts 1 · management 3
  • Annual report for 2024 published
  • Peter Lykke Thomsen appointed board member
  • Anders Melgaard Clausen appointed ceo
  • Peter Lykke Thomsen stepped down as director
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20193 changesmanagement 3
  • Peter Lykke Thomsen appointed director
  • Peter Lykke Thomsen stepped down as board member
  • Erik Schmidt stepped down as director
20184 changesaddress 1 · management 3
  • Moved to Sydholmen 10, 2650 Hvidovre
  • Peter Lykke Thomsen appointed board member
  • Erik Schmidt appointed director
  • Peter Lykke Thomsen stepped down as director
20141 changeownership 1
  • MAX FODGAARD FONDEN registered as owner (100%)
20122 changesmanagement 2
  • Peter Lykke Thomsen appointed director
  • Mads Vestergaard Olesen stepped down as director
20112 changesmanagement 2
  • Mads Vestergaard Olesen appointed director
  • Marianne Fox stepped down as director
20104 changesmanagement 4
  • Marianne Fox appointed director
  • Holger Slyngborg Madsen stepped down as director
  • Jørgen Robert Glenthøj appointed board member
  • John Herbert Winther stepped down as board member
20081 changeindustry 1
  • Industry changed to Engroshandel med andre maskiner og andet udstyr (466900)
20072 changesmanagement 2
  • John Ibsen appointed board member
  • Mogens Laursen stepped down as board member
20031 changemerger 1
  • Merger registered in CVR
20029 changesmanagement 9
  • John Herbert Winther appointed board member
  • Mogens Laursen appointed board member
  • Klaus Søgaard appointed board member
  • Holger Slyngborg Madsen appointed director
  • Søren Fodgaard appointed chair of the board
  • Marianne Fox appointed board member
  • Knud Richard Knudsen stepped down as director
  • Knud Richard Knudsen stepped down as board member
  • Gertrud Fodgaard stepped down as chair of the board
19991 changeaddress 1
  • Moved to Sydholmen 10, 2650 Hvidovre
19923 changesmanagement 3
  • Max Fodgaard stepped down as ceo
  • Max Fodgaard stepped down as board member
  • Ove Linde stepped down as director
19912 changescapital 1 · management 1
  • Share capital changed from 5,000,000 DKK to 7,500,000 DKK
  • Dennis Hebsgaard stepped down as director
19628 changesfounded 1 · management 7
  • Registered as MAX FODGAARD A/S
  • Knud Richard Knudsen appointed director
  • Knud Richard Knudsen appointed board member
  • Max Fodgaard appointed ceo
  • Max Fodgaard appointed board member
  • Dennis Hebsgaard appointed director
  • Gertrud Fodgaard appointed chair of the board
  • Ove Linde appointed director

Related companies

Same industry in Hvidovre

See all →

Same people in management

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction