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Max Mathiesen & Søn A/S

Public limited companyCVR 25386523VardeActive

Max Mathiesen & Søn A/S is a public limited company, based in Varde, active in construction of buildings, founded in 2000. Net profit rose 44% from 2024 to 2025, ending at DKK 2.1m. With 21 employees, the company is about 4 times larger than the industry median. Equity grew to DKK 10.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 7.5m−14% vs. 2024
Net profitDKK 2.1m+43.7% vs. 2024
EquityDKK 10.4m+24.9% vs. 2024
Employees21latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 14% (2024 → 2025), to DKK 7.5m.
  • Net profit rose 44% (2024 → 2025), to DKK 2.1m.
  • Equity rose 25% (2024 → 2025), to DKK 10.4m.

Employees

  • 1 more employees than a year earlier: 21 (08/2026) against 20 (08/2025).

Management and owners, last 24 months

  • New in management: Karina Hadberg Espersen (board member, 15/05/2025).
  • Stepped down: Flemming Skriver Matthisson (board member, 15/05/2025).

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
EquityNet profit
Financial figures for Max Mathiesen & Søn A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,5935,4955,6655,2828,7407,512−14%
Operating profit (EBIT)1,828548419−1421,8562,757+48.5%
Profit before tax1,887513230−5241,8542,850+53.7%
Net profit1,467397177−8331,4382,066+43.7%
Total assets23,35715,11019,40317,01721,87123,776+8.7%
Equity7,1067,5037,6796,8468,28410,350+24.9%
Liabilities15,9557,38611,52410,01413,58612,726−6.3%
Cash and cash equivalents89664125102,4564,045+64.7%
Average number of employees212122222018−10%

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 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
Gross profitMedian, the industry (914 companies)

Annual reports

6 financial years
Annual reports for Max Mathiesen & Søn A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202425/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202305/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202205/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/07/2021The 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
05101520253009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

914 companies in the database

Comparison with the other companies in construction of buildings based on the latest financial year.

Gross profitDKK 7.5mNo. 282 of 910
Better than 69% of the companies in the industry
EquityDKK 10.4mNo. 207 of 914
Better than 77% of the companies in the industry
Number of employees21No. 204 of 914
Better than 78% of the companies in the industry

Industry median: gross profit DKK 3.1m, net profit DKK 305k, equity DKK 1.8m, 5 employees.

DKK 100kDKK 927kDKK 8.6mDKK 79.7mDKK 351.9mHere
Distribution of gross profit for 851 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 20–49 employees9,922 companies in the comparison
No. 6,679of 9,892
Better than 32%
No. 3,034of 9,922
Better than 69%
Same industry and 20–49 employees128 companies in the comparison
No. 112of 127
Better than 12%
No. 55of 128
Better than 57%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 7,380of 24,791
Better than 70%
No. 6,579of 24,909
Better than 74%
All companies of type A/S18,025 companies in the comparison
No. 10,269of 17,786
Better than 42%
No. 8,638of 18,024
Better than 52%

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

Construction of buildings
Gross profit
  1. Max Mathiesen & Søn A/SDKK 7.5m
  2. Per Aarsleff A/SDKK 739.2m
  3. NCC Danmark A/SDKK 720.4m
Net profit
  1. Max Mathiesen & Søn A/SDKK 2.1m
  2. Per Aarsleff A/SDKK 279.8m
  3. NCC Danmark A/SDKK 316.9m
Equity
  1. Max Mathiesen & Søn A/SDKK 10.4m
  2. Per Aarsleff A/SDKK 1.5bn
  3. NCC Danmark A/SDKK 538.1m
Employees
  1. Max Mathiesen & Søn A/S21
  2. Per Aarsleff A/S2,957
  3. NCC Danmark A/S1,748

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
  • H. + M.-holding ApS100%
Max Mathiesen & Søn A/S

Management

4 active registrations

Executive management

Executive management at Max Mathiesen & Søn A/S
NameRoleAppointed
Michael Lindholm MathiesenDirector19/02/2008

Board of directors

Board of directors at Max Mathiesen & Søn A/S
NameRoleAppointed
Michael Lindholm MathiesenBoard member18/05/2000
Jesper Møller LoklindtChair of the board11/05/2021
Karina Hadberg EspersenBoard member15/05/2025
Founders
Aktieselskabet af 8.11.1991
Former management (5)
Former management at Max Mathiesen & Søn A/S
NameRoleAppointedResigned
Henning MathiesenBoard member18/05/200019/02/2008
Henning MathiesenDirector18/05/200019/02/2008
Flemming Skriver MatthissonBoard member19/06/200715/05/2025
Jesper Møller LoklindtBoard member19/06/200710/05/2021
Inger Bouny MathiesenChair of the board19/02/200811/05/2021

Signing rule: Selskabet tegnes af 2 medlemmer af bestyrelsen i forening eller af selskabets direktør og bestyrelsens formand i forening.

Address and production units

1 active production units

Håndværkervej 5
6800 Varde

Varde Municipality · Postcode 6800

Production units
Production unitAddressEmployeesP number
MAX MATHIESEN & SØN A/SHåndværkervej 5, 6800 Varde211000947744

Purpose

Selskabets formål er entreprenørvirksomhed, handel, rådgivning og investering.

The purpose is quoted from the register in Danish.

Changes year by year

26 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesmanagement 2 · accounts 1
  • Karina Hadberg Espersen appointed board member
  • Flemming Skriver Matthisson stepped down as board member
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Håndværkervej 5, 6800 Varde
20221 changeaccounts 1
  • Annual report for 2021 published
20214 changesaccounts 1 · management 3
  • Annual report for 2020 published
  • Jesper Møller Loklindt appointed chair of the board
  • Inger Bouny Mathiesen stepped down as chair of the board
  • Jesper Møller Loklindt stepped down as board member
20151 changecapital 1
  • Share capital changed from 1,000,000 DKK to 1,156,205 DKK
20085 changesmanagement 4 · industry 1
  • Inger Bouny Mathiesen appointed chair of the board
  • Michael Lindholm Mathiesen appointed director
  • Henning Mathiesen stepped down as board member
  • Henning Mathiesen stepped down as director
  • Industry changed to Opførelse af bygninger (412000)
20072 changesmanagement 2
  • Flemming Skriver Matthisson appointed board member
  • Jesper Møller Loklindt appointed board member
20006 changesindustry 1 · founded 1 · management 3 · ownership 1
  • Industry changed to Bygge- og anlægsentreprenører (bortset fra nedrivnings- og jordarbejdsentreprenører) (452100)
  • Registered as MAX MATHIESEN & SØN A/S
  • Henning Mathiesen appointed board member
  • Michael Lindholm Mathiesen appointed board member
  • Henning Mathiesen appointed director
  • H. + M.-HOLDING ApS registered as owner (100%)

Related companies

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Same people in management

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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.

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