Mho-co A/S

Public limited companyCVR 37454427EsbjergActive

Mho-co A/S is a public limited company, based in Esbjerg, active in other transportation support activities, founded in 2016. The company went from a profit in 2024 to a loss of DKK 38.3m in 2025. Equity fell to DKK 73.7m in 2025.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 8.2m+14.5% vs. 2024

Net profit−DKK 38.3m−547.5% vs. 2024

EquityDKK 73.7m−34.9% vs. 2024

Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 15% (2024 → 2025), to DKK 8.2m.
Net profit went from a profit of DKK 8.6m to a loss of DKK 38.3m (2024 → 2025).
Equity fell 35% (2024 → 2025), to DKK 73.7m.

Management and owners, last 24 months

New in management: Dennis Vad Lauridsen (chair of the board, 20/08/2025) and Lars Engell Friis (board member, 20/08/2025).
Stepped down: Lars Engell Friis (chair of the board, 19/08/2025) and Hans Peter Jørgensen (board member, 30/06/2026).

Registrations, last 24 months

01/01/2025: Industry changed to Other transportation support activities (522600)

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

EquityNet profit

Financial figures for Mho-co A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	1,506	2,128	2,316	4,516	7,194	8,240	+14.5%
Operating profit (EBIT)	−290	123	82	462	1,524	−20	−101.3%
Profit before tax	5,817	−185	9,803	11,699	8,970	−38,243	−526.3%
Net profit	5,839	−280	9,668	11,603	8,551	−38,262	−547.5%
Total assets	55,776	95,180	112,493	127,950	147,830	111,027	−24.9%
Equity	44,649	82,926	88,747	102,109	113,241	73,681	−34.9%
Liabilities	11,127	12,254	23,746	25,841	34,588	37,346	+8%
Cash and cash equivalents	43	315	3	14	23	25	+9.2%
Average number of employees	4	3	–	7	10	13	+30%

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

Compare with the industry (372 companies)

Gross profitMedian, the industry (372 companies)

Signals from the financial statements

calculated from the 2025 figures

Equity fell sharply
Equity fell 35% from 2024 to 2025 (DKK 113.2m to DKK 73.7m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 Mho-co A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	10/07/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	07/07/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	24/06/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	30/03/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	28/06/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	15/04/2021	The company	PDF XBRL

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

Employees

Position in the industry

372 companies in the database

Comparison with the other companies in other transportation support activities based on the latest financial year.

Gross profitDKK 8.2mNo. 149 of 371

Better than 60% of the companies in the industry

EquityDKK 73.7mNo. 29 of 372

Better than 92% of the companies in the industry

Number of employees19No. 121 of 372

Better than 68% of the companies in the industry

Industry median: gross profit DKK 6.2m, net profit DKK 653k, equity DKK 3.3m, 7 employees.

Distribution of gross profit for 356 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 6,618of 69,742 Better than 91%	No. 2,289of 69,964 Better than 97%
Same industry and fewer than 20 employees264 companies in the comparison	No. 59of 264 Better than 78%	No. 3of 264 Better than 99%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 5,325of 33,588 Better than 84%	No. 889of 33,687 Better than 97%
All companies of type A/S18,025 companies in the comparison	No. 9,862of 17,786 Better than 45%	No. 2,784of 18,024 Better than 85%

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

Other transportation support activities

Gross profit

Mho-co A/SDKK 8.2m
DSV Road A/SDKK 1.2bn
Scan Global Logistics A/SDKK 829.9m

Net profit

Mho-co A/S−DKK 38.3m
DSV Road A/S−DKK 894k
Scan Global Logistics A/SDKK 112m

Equity

Mho-co A/SDKK 73.7m
DSV Road A/SDKK 403.4m
Scan Global Logistics A/SDKK 2.4bn

Employees

Mho-co A/S19
DSV Road A/S1,644
Scan Global Logistics A/S551

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

MHO-Co Holding ApS66.67%
MHO-Invest ApS15%

Mho-co A/S

Subsidiaries and ownership shares

MHO Operations ApS100%

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Mho-co A/S
Name	Role	Appointed
Mik Henriksen	Director	16/02/2016

Board of directors

Board of directors at Mho-co A/S
Name	Role	Appointed
Mik Henriksen	Board member	16/02/2016
Niels Nyborg Jensen	Board member	16/02/2016
Dennis Vad Lauridsen	Chair of the board	20/08/2025
Lars Engell Friis	Board member	20/08/2025

Auditor: Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab
Founders: MH-Offshore Holding ApS

Former management (3)

Former management at Mho-co A/S
Name	Role	Appointed	Resigned
Lars Engell Friis	Board member	16/02/2016	19/10/2016
Lars Engell Friis	Chair of the board	20/10/2016	19/08/2025
Hans Peter Jørgensen	Board member	20/05/2019	30/06/2026

Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem, af to bestyrelsesmedlemmer i forening, eller af den samlede bestyrelse.

Address and production units

1 active production units

Havdigevej 39
6700 Esbjerg

Esbjerg Municipality · Postcode 6700

Other companies at the address (1)

MHO Operations ApSRenting and leasing of water transport equipment

Production units
Production unit	Address	Industry	Employees	P number
MHO-Co A/S	Havdigevej 39, 6700 Esbjerg	Other transportation support activities	17	1021159464

Purpose

Selskabets formål er at drive forretning inden for offshore og shipping industrien, herunder transportvirksomhed, at foretage investeringer, samt at drive sådan anden virksomhed, som efter bestyrelsens skøn står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

41 registered events

122016

92017

12018

62019

02020

12021

12022

22023

22024

52025

22026

20262 changesaccounts 1 · management 1

10/07AccountsAnnual report for 2025 published
30/06ManagementHans Peter Jørgensen stepped down as board member

20255 changesmanagement 3 · accounts 1 · industry 1

20/08ManagementDennis Vad Lauridsen appointed chair of the board
20/08ManagementLars Engell Friis appointed board member
19/08ManagementLars Engell Friis stepped down as chair of the board
07/07AccountsAnnual report for 2024 published
01/01IndustryIndustry changed to Other transportation support activities (522600)

20242 changesaccounts 1 · ownership 1

24/06AccountsAnnual report for 2023 published
29/02OwnershipMHO-Invest ApS registered as owner (15%)

20232 changesaccounts 1 · address 1

30/03AccountsAnnual report for 2022 published
11/01AddressMoved to Havdigevej 39, 6700 Esbjerg

20221 changeaccounts 1

28/06AccountsAnnual report for 2021 published

20211 changeaccounts 1

15/04AccountsAnnual report for 2020 published

20196 changesownership 3 · address 1 · name 1 · management 1

18/12OwnershipMHO-Co Holding ApS registered as owner (66.67%)
18/12OwnershipEngell Invest ApS is no longer registered as owner
18/12OwnershipAluCat Holding ApS is no longer registered as owner
17/09AddressMoved to Morsøgade 4, 6700 Esbjerg
20/05NameName changed from MH-O & CO A/S to MHO-Co A/S
20/05ManagementHans Peter Jørgensen appointed board member

20181 changeaddress 1

20/07AddressMoved to Morsøgade 4, 6700 Esbjerg

20179 changesaddress 2 · capital 1 · ownership 6

23/10AddressMoved to D Lauritzens Vej 14, 6700 Esbjerg
23/10CapitalShare capital changed from 1,020,500 DKK to 5,020,500 DKK
23/10OwnershipEngell Invest ApS registered as owner (20%)
23/10OwnershipAluCat Holding ApS registered as owner (66.67%)
31/08OwnershipSelskabet af 23. maj 2017 ApS is no longer registered as owner
23/05OwnershipSelskabet af 23. maj 2017 ApS registered as owner (100%)
23/05OwnershipMH-Offshore Holding ApS is no longer registered as owner
22/05OwnershipFURNITEX ApS is no longer registered as owner
15/03AddressMoved to D Lauritzens Vej 14, st, 6700 Esbjerg

201612 changesmanagement 6 · capital 1 · ownership 4 · founded 1

20/10ManagementLars Engell Friis appointed chair of the board
19/10ManagementLars Engell Friis stepped down as board member
17/03CapitalShare capital changed from 500,000 DKK to 1,020,500 DKK
17/03OwnershipFURNITEX ApS registered as owner (33.33%)
17/03OwnershipMH-Offshore Holding ApS registered as owner (50%)
16/03OwnershipMH-Offshore Holding ApS is no longer registered as owner
16/02FoundedRegistered as MH-O & CO A/S
16/02ManagementMik Henriksen appointed board member
16/02ManagementMik Henriksen appointed director
16/02ManagementLars Engell Friis appointed board member
16/02ManagementNiels Nyborg Jensen appointed board member
16/02OwnershipMH-Offshore Holding ApS registered as owner (100%)

Related companies

Same industry in Esbjerg

Blue Water Shipping A/S947 employees
Iat A/S124 employees
DFDS Logistics A/S98 employees
Team Freight A/S19 employees
A/S J. Lauritzen's Eftf.. Esbjerg17 employees
A/S Tmc Transport Management Consultants Ltd9 employees

See all →

Same people in management

Carl Ras A/Svia Dennis Vad Lauridsen
Superior International ApSvia Hans Peter Jørgensen
MHO Operations ApSvia Mik Henriksen
Superior Renewables A/Svia Hans Peter Jørgensen
Bel Air Aviation A/Svia Dennis Vad Lauridsen
Esbjerg Shipyard A/Svia Hans Peter Jørgensen

Largest in the industry

See all →

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 CVR Report a correction