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Minaltan A/S

Public limited companyCVR 29813825FrederiksbergActive

Minaltan A/S is a public limited company, based in Frederiksberg, active in other specialised construction activities n.e.c., founded in 2008. The company made a loss in both 2025 and 2026, most recently DKK 15m. With 49 employees, the company is about 12 times larger than the industry median. Equity grew to DKK 16.3m in 2026.

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Key figures · financial year 2026

Gross profitDKK 20.9m−55.4% vs. 2025
Net profit−DKK 15m−220.7% vs. 2025
EquityDKK 16.3m+44.3% vs. 2025
Employees49latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 55% (2025 → 2026), to DKK 20.9m.
  • The loss grew: from DKK 4.7m to DKK 15m (2025 → 2026).
  • Equity rose 44% (2025 → 2026), to DKK 16.3m.

Employees

  • 4 fewer employees than a year earlier: 49 (08/2026) against 53 (08/2025).

Management and owners, last 24 months

  • New in management: Michael Grundtvig (board member, 08/09/2025), Kurt Vahlun Sørensen (ceo, 24/11/2025) and Lars Karlsmose (director, 08/09/2025).
  • Stepped down: Jonas Juul-Olsen (board member, 08/09/2025), Jonas Juul-Olsen (director, 08/09/2025) and Ryan René Hald (board member, 08/09/2025) (+1).
  • New owners registered: Grundtvig Invest A/S (08/09/2025).
  • No longer registered as owner: Grundtvig Invest A/S (07/09/2025) and Virum Investments ApS (08/09/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Other specialised construction activities n.e.c. (439900)

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 2021–2026 · amounts in DKK thousand

Equity and net profit

−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40m202120222023202420252026
EquityNet profit
Financial figures for Minaltan A/S
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit65,60567,13470,41769,19246,77820,886−55.4%
Operating profit (EBIT)15,8649,917−3,705−6,068−4,651−18,066−288.4%
Profit before tax14,7478,686−4,599−6,668−5,863−19,045−224.9%
Net profit11,3016,527−3,733−5,238−4,677−15,000−220.7%
Total assets58,81772,12756,72451,70533,89828,158−16.9%
Equity28,86235,38916,20110,96311,28616,286+44.3%
Liabilities24,48331,45840,46840,03120,35011,872−41.7%
Cash and cash equivalents16410–3852,755+616.3%
Average number of employees77881171167147−33.8%

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 2021, 2022, 2023, 2024, 2025, 2026: 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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202120222023202420252026
Gross profitMedian, the industry (707 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Loss for 4 years in a row

    Net result has been negative in 2023–2026.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Fewer employees

    The number of employees fell 34% from 71 in 2025 to 47 in 2026.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 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 Minaltan A/S
Financial yearPeriodPublishedFigures forDocuments
202601/05/2025 – 30/04/202620/07/2026The companyPDF not statedXBRL
202501/05/2024 – 30/04/202521/10/2025The companyPDF not statedXBRL
202401/05/2023 – 30/04/202419/09/2024The companyPDFXBRL
202301/05/2022 – 30/04/202329/08/2023The companyPDFXBRL
202201/05/2021 – 30/04/202229/08/2022The companyPDFXBRL
202101/05/2020 – 30/04/202116/06/2021The 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
02040608010012014009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

707 companies in the database

Comparison with the other companies in other specialised construction activities n.e.c. based on the latest financial year.

Gross profitDKK 20.9mNo. 59 of 707
Better than 92% of the companies in the industry
EquityDKK 16.3mNo. 37 of 707
Better than 95% of the companies in the industry
Number of employees49No. 16 of 707
Better than 98% of the companies in the industry

Industry median: gross profit DKK 2.7m, net profit DKK 223k, equity DKK 1.1m, 4 employees.

DKK 100kDKK 745kDKK 5.5mDKK 41.3mDKK 157.5mHere
Distribution of gross profit for 675 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. 2,658of 9,892
Better than 73%
No. 2,089of 9,922
Better than 79%
Same industry and 20–49 employees80 companies in the comparison
No. 37of 80
Better than 54%
No. 14of 80
Better than 84%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,255of 24,791
Better than 87%
No. 5,019of 24,909
Better than 80%
All companies of type A/S18,025 companies in the comparison
No. 5,743of 17,786
Better than 68%
No. 6,917of 18,024
Better than 62%

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 specialised construction activities n.e.c.
Gross profit
  1. Minaltan A/SDKK 20.9m
  2. Heras Denmark A/SDKK 307.6m
  3. Munch Sørensen Holding ApSDKK 232.4m
Net profit
  1. Minaltan A/S−DKK 15m
  2. Heras Denmark A/SDKK 22.6m
  3. Munch Sørensen Holding ApSDKK 5.3m
Equity
  1. Minaltan A/SDKK 16.3m
  2. Heras Denmark A/SDKK 100.7m
  3. Munch Sørensen Holding ApSDKK 95.6m
Employees
  1. Minaltan A/S49
  2. Heras Denmark A/S401
  3. Munch Sørensen Holding ApS2

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
Minaltan A/S

Management

4 active registrations

Executive management

Executive management at Minaltan A/S
NameRoleAppointed
Kurt Vahlun SørensenCEO24/11/2025

Board of directors

Board of directors at Minaltan A/S
NameRoleAppointed
Henrik GrundtvigChair of the board14/01/2011
Lars KarlsmoseBoard member21/09/2018
Michael GrundtvigBoard member08/09/2025
Founders
Juul-olsen Holding ApS, Tvn Holding ApS, Ryan Hald Holding ApS, RB Holding Skanderborg ApS
Former management (8)
Former management at Minaltan A/S
NameRoleAppointedResigned
Troels Vihøj-NielsenBoard member15/10/200814/01/2011
Jonas Juul-OlsenBoard member15/10/200808/09/2025
Jonas Juul-OlsenDirector15/10/200808/09/2025
René BertelsenBoard member04/08/200923/04/2012
Claus SønderbyBoard member12/01/201014/01/2011
Lars GrundtvigBoard member14/01/201121/09/2018
Ryan René HaldBoard member23/04/201208/09/2025
Lars KarlsmoseDirector08/09/202524/11/2025

Signing rule: Selskabet tegnes kun af (i) bestyrelsens formand i forening med en direktør eller (ii) bestyrelsens formand i forening med et andet bestyrelsesmedlem eller (iii) den samlede bestyrelse.

Address and production units

2 active production units

Nordre Fasanvej 39B
2000 Frederiksberg

Frederiksberg Municipality · Postcode 2000

Production units
Production unitAddressEmployeesP number
Minaltan A/SNordre Fasanvej 39B, 2000 Frederiksberg481014835306
Minaltan A/S Lager og produktionAvedøreholmen 80, 2650 Hvidovre11025825019

Purpose

Selskabets formål er salg og montering af altaner og balkoner, konsulentvirksomhed samt anden beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

45 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
202512 changesmanagement 7 · accounts 1 · ownership 3 · industry 1
  • Kurt Vahlun Sørensen appointed ceo
  • Lars Karlsmose stepped down as director
  • Annual report for 2025 published
  • Lars Karlsmose appointed director
  • Michael Grundtvig appointed board member
  • Ryan René Hald stepped down as board member
  • Jonas Juul-Olsen stepped down as board member
  • Jonas Juul-Olsen stepped down as director
  • GRUNDTVIG INVEST A/S registered as owner (100%)
  • Virum Investments ApS is no longer registered as owner
  • GRUNDTVIG INVEST A/S is no longer registered as owner
  • Industry changed to Other specialised construction activities n.e.c. (439900)
20244 changesaccounts 1 · capital 1 · address 2
  • Annual report for 2024 published
  • Share capital changed from 2,000,000 DKK to 3,000,000 DKK
  • Moved to Nordre Fasanvej 39B, 2000 Frederiksberg
  • Moved to Nordre Fasanvej 39B, 2000 Frederiksberg
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changename 1
  • Name changed from MINALTAN.DK A/S to Minaltan A/S
20182 changesmanagement 2
  • Lars Karlsmose appointed board member
  • Lars Grundtvig stepped down as board member
20141 changeaddress 1
  • Moved to Nordre Fasanvej 39B, 2000 Frederiksberg
20135 changescapital 1 · ownership 2 · address 1 · industry 1
  • Share capital changed from 1,000,000 DKK to 2,000,000 DKK
  • GRUNDTVIG INVEST A/S registered as owner (50%)
  • Virum Investments ApS registered as owner (33.33%)
  • Moved to Åbogade 15, 8200 Aarhus N
  • Industry changed to Anden bygge- og anlægsvirksomhed, som kræver specialisering (439990)
20123 changescapital 1 · management 2
  • Share capital changed from 1,224,500 DKK to 1,000,000 DKK
  • Ryan René Hald appointed board member
  • René Bertelsen stepped down as board member
20116 changescapital 2 · management 4
  • Share capital changed from 600,000 DKK to 1,224,500 DKK
  • Henrik Grundtvig appointed chair of the board
  • Lars Grundtvig appointed board member
  • Claus Sønderby stepped down as board member
  • Troels Vihøj-Nielsen stepped down as board member
  • Share capital changed from 500,000 DKK to 600,000 DKK
20101 changemanagement 1
  • Claus Sønderby appointed board member
20092 changesmanagement 1 · address 1
  • René Bertelsen appointed board member
  • Moved to Marøgelhøj 11, 8520 Lystrup
20084 changesfounded 1 · management 3
  • Registered as MINALTAN.DK A/S
  • Jonas Juul-Olsen appointed board member
  • Jonas Juul-Olsen appointed director
  • Troels Vihøj-Nielsen appointed board member

Related companies

Same industry in Frederiksberg

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.

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