MMWatches ApS
Private limited companyCVR 44089319GreveActive
MMWatches ApS is a private limited company, based in Greve, active in retail sale of watches and jewellery, founded in 2023. The company made a loss in both 2024 and 2025, most recently DKK 224k. 8 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 21% (2024 → 2025), to DKK 1.7m.
- The loss got smaller: from DKK 804k to DKK 224k (2024 → 2025).
- Equity fell 1% (2024 → 2025), to DKK 17.6m.
Employees
- 1 more employees than a year earlier: 3 (07/2026) against 2 (07/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of watches and jewellery (477700)
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 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | 4,070 | 1,447 | 1,743 | +20.5% |
| Operating profit (EBIT) | −69 | −924 | −217 | +76.6% |
| Profit before tax | −107 | −1,012 | −275 | +72.8% |
| Net profit | −91 | −804 | −224 | +72.1% |
| Total assets | 22,578 | 20,970 | 19,433 | −7.3% |
| Equity | 18,607 | 17,803 | 17,579 | −1.3% |
| Liabilities | 2,185 | 1,596 | 503 | −68.5% |
| Cash and cash equivalents | 3,836 | 3,179 | 3,450 | +8.5% |
| Average number of employees | 0 | 2 | 2 | 0% |
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 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
Signals from the financial statements
calculated from the 2025 figuresLoss for 3 years in a row
Net result has been negative in 2023–2025.
How is this calculated?
Net result is negative in the two or more 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
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 27/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 11/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 07/06/2024 | The company | PDFXBRL |
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 CVRPosition in the industry
242 companies in the databaseComparison with the other companies in retail sale of watches and jewellery based on the latest financial year.
Industry median: gross profit DKK 1.9m, net profit DKK 168k, equity DKK 1.6m, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 33,765of 69,742 Better than 52% | No. 6,291of 69,964 Better than 91% |
| Same industry and fewer than 20 employees220 companies in the comparison | No. 105of 220 Better than 53% | No. 8of 220 Better than 97% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 6,353of 16,614 Better than 62% | No. 609of 16,661 Better than 96% |
| All companies of type ApS66,508 companies in the comparison | No. 32,648of 66,379 Better than 51% | No. 4,631of 66,505 Better than 93% |
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
Retail sale of watches and jewellery- MMWatches ApSDKK 1.7m
- Vibholm Guld og Sølv ApSDKK 125.2m
- Pilgrim A/SDKK 113.9m
- MMWatches ApS−DKK 224k
- Vibholm Guld og Sølv ApSDKK 24.8m
- Pilgrim A/SDKK 6.9m
- MMWatches ApSDKK 17.6m
- Vibholm Guld og Sølv ApSDKK 77.3m
- Pilgrim A/SDKK 83m
- MMWatches ApS3
- Vibholm Guld og Sølv ApS312
- Pilgrim A/S416
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Hollie Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Them Mathiassen | Director | 31/05/2023 |
- Founders
- Martin Them Mathiassen
Signing rule: Virksomheden tegnes af direktøren alene
Address and production units
1 active production unitsKorskildelund 6
2670 Greve
Greve Municipality · Postcode 2670
Other companies at the address (8)
- Evidensia Dyrehospital A/SVeterinary activities
- Cubs A/SComputer consultancy and computer facilities management
- Bella Rejser ApSTravel agency activities
- Fabers Entreprise ApSOther building and industrial cleaning activities n.e.c.
- Bella Handling ApSTour operator activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| MMWatches ApS | Korskildelund 6, 2670 Greve | 3 | 1029357435 |
Purpose
Selskabets formål er Selskabets formål er, at drive handelsvirksomhed og dermed beslægtet virksomheden.
The purpose is quoted from the register in Danish.
Changes year by year
9 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of watches and jewellery (477700)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20235 changesfounded 1 · management 1 · ownership 3
- FoundedRegistered as MMWatches ApS
- ManagementMartin Them Mathiassen appointed director
- OwnershipMartin Them Mathiassen registered as owner (100%)
- OwnershipMartin Them Mathiassen is no longer registered as owner
- OwnershipHollie Holding ApS registered as owner (100%)
Related companies
Largest in the industry
- Vibholm Guld og Sølv ApSDKK 125.2m
- Pilgrim A/SDKK 113.9m
- Bucherer Denmark ApSDKK 108.6m
- Vitus Guld ApSDKK 50.9m
- Trendhim ApSDKK 49.1m
- Ditur.dk ApSDKK 45.4m
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.