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Migadan A/S

Public limited companyCVR 37810517Odense SVActive

Migadan A/S is a public limited company, based in Odense SV, active in wholesale of wood, construction materials and sanitary equipment, founded in 1957. The company has existed for over 60 years.

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Key figures · financial year 2025

Gross profitDKK 14.1m+4% vs. 2024
Net profitDKK 3.6m−1.7% vs. 2024
EquityDKK 22.1m+12.8% vs. 2024
Employees9latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 4% (2024 → 2025), to DKK 14.1m.
  • Net profit fell 2% (2024 → 2025), to DKK 3.6m.
  • Equity rose 13% (2024 → 2025), to DKK 22.1m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)

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 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Migadan A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit11,97912,93011,96213,25413,54214,087+4%
Operating profit (EBIT)3,6244,1192,8394,4574,5674,545−0.5%
Profit before tax3,6184,1152,8354,5554,6694,591−1.7%
Net profit2,8173,2012,2053,5443,6353,572−1.7%
Total assets22,18023,15825,91130,59330,23428,696−5.1%
Equity17,99219,19319,39820,94219,57622,092+12.8%
Liabilities3,7883,5516,1619,27810,3206,304−38.9%
Cash and cash equivalents5,9064,0806,31910,2259,3664,577−51.1%
Average number of employees9999990%

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 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
Gross profitMedian, the industry (430 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 Migadan A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202519/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202414/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202308/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202217/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/03/2021The 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
024681008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

430 companies in the database

Comparison with the other companies in wholesale of wood, construction materials and sanitary equipment based on the latest financial year.

Gross profitDKK 14.1mNo. 114 of 429
Better than 74% of the companies in the industry
EquityDKK 22.1mNo. 96 of 430
Better than 78% of the companies in the industry
Number of employees9No. 174 of 430
Better than 60% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 623k, equity DKK 6.3m, 7 employees.

DKK 100kDKK 1.2mDKK 13.3mDKK 152.6mDKK 778.2mHere
Distribution of gross profit for 416 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 fewer than 20 employees69,967 companies in the comparison
No. 2,673of 69,742
Better than 96%
No. 5,414of 69,964
Better than 92%
Same industry and fewer than 20 employees334 companies in the comparison
No. 39of 334
Better than 89%
No. 34of 334
Better than 90%
Companies that are at least 30 years old10,276 companies in the comparison
No. 3,484of 10,152
Better than 66%
No. 3,212of 10,275
Better than 69%
All companies of type A/S18,025 companies in the comparison
No. 7,466of 17,786
Better than 58%
No. 5,849of 18,024
Better than 68%

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 wood, construction materials and sanitary equipment
Gross profit
  1. Migadan A/SDKK 14.1m
  2. Stark Danmark A/SDKK 1.8bn
  3. Bygma A/SDKK 1.4bn
Net profit
  1. Migadan A/SDKK 3.6m
  2. Stark Danmark A/SDKK 238m
  3. Bygma A/SDKK 228m
Equity
  1. Migadan A/SDKK 22.1m
  2. Stark Danmark A/SDKK 2bn
  3. Bygma A/SDKK 2.3bn
Employees
  1. Migadan A/S9
  2. Stark Danmark A/S2,792
  3. Bygma A/S1,891

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
  • Migadan Holding A/S100%
Migadan A/S

Management

5 active registrations

Executive management

Executive management at Migadan A/S
NameRoleAppointed
Michael GarbersDirector05/01/1957

Board of directors

Board of directors at Migadan A/S
NameRoleAppointed
Michael GarbersBoard member05/01/1957
Morten GarbersChair of the board30/10/2018
Pia GarbersBoard member22/02/2019
Line Behrendsen GarbersBoard member13/03/2020
Former management (6)
Former management at Migadan A/S
NameRoleAppointedResigned
Karsten ThygesenBoard member05/01/195727/02/2013
Walther Knud Valdemar GarbersBoard member05/01/195718/01/1989
Arne KielbergBoard member05/01/195722/02/1999
Pia GarbersBoard member22/02/199916/12/2008
Morten GarbersBoard member16/12/200829/10/2018
Lars RasmussenBoard member27/02/201322/02/2019

Signing rule: Selskabet tegnes af en direktør alene eller af to medlemmer af bestyrelsen i forening

Address and production units

1 active production units

Byghøjvej 12
5250 Odense SV

Odense Municipality · Postcode 5250

Production units
Production unitAddressEmployeesP number
MIGADAN A/SByghøjvej 12, Bellinge, 5250 Odense SV91001759697

Purpose

Selskabets formål er at udøve fabrikation og handel, import af møbelstof og tæpper og anden dermed i forbindelse stående virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)
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
20201 changemanagement 1
  • Line Behrendsen Garbers appointed board member
20192 changesmanagement 2
  • Pia Garbers appointed board member
  • Lars Rasmussen stepped down as board member
20182 changesmanagement 2
  • Morten Garbers appointed chair of the board
  • Morten Garbers stepped down as board member
20132 changesmanagement 2
  • Lars Rasmussen appointed board member
  • Karsten Thygesen stepped down as board member
20083 changesmanagement 2 · industry 1
  • Morten Garbers appointed board member
  • Pia Garbers stepped down as board member
  • Industry changed to Engroshandel med lak, maling, tapet, gulvbelægning mv. (467320)
19992 changesmanagement 2
  • Pia Garbers appointed board member
  • Arne Kielberg stepped down as board member
19971 changeownership 1
  • MIGADAN HOLDING A/S registered as owner (100%)
19942 changesname 2
  • Name changed from A/S MIGA TÆPPER, MØBELSTOF & TÆPPER EN GROS to MIGADAN A/S
  • Name changed from A/S ODENSE KRØLHÅRSFABRIK, MØBELSTOF OG TÆPPEIMPORT to A/S MIGA TÆPPER, MØBELSTOF & TÆPPER EN GROS
19892 changescapital 1 · management 1
  • Share capital changed from 600,000 DKK to 1,000,000 DKK
  • Walther Knud Valdemar Garbers stepped down as board member
19576 changesfounded 1 · management 5
  • Registered as A/S ODENSE KRØLHÅRSFABRIK, MØBELSTOF OG TÆPPEIMPORT
  • Michael Garbers appointed board member
  • Arne Kielberg appointed board member
  • Walther Knud Valdemar Garbers appointed board member
  • Michael Garbers appointed director
  • Karsten Thygesen appointed board member

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Same industry in Odense

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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.

View in CVRReport a correction