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MT Alu-Glas A/S

Public limited companyCVR 36931434KorsørActive

MT Alu-Glas A/S is a public limited company, based in Korsør, active in glazing, founded in 2015. Net profit fell 26% from 2024 to 2025, ending at DKK 1.1m. Gross profit is higher than that of 85% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 5.5m+0.1% vs. 2024
Net profitDKK 1.1m−25.7% vs. 2024
EquityDKK 3.1m−10.1% vs. 2024
Employees10latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit fell 26% (2024 → 2025), to DKK 1.1m.
  • Equity fell 10% (2024 → 2025), to DKK 3.1m.

Employees

  • 2 more employees than a year earlier: 10 (07/2026) against 8 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Glazing (433420)

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 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
EquityNet profit
Financial figures for MT Alu-Glas A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4,5703,2465,0856,2755,5205,523+0.1%
Operating profit (EBIT)2,1526772,3042,8062,0401,598−21.7%
Profit before tax2,1436462,2202,7221,9901,485−25.4%
Net profit1,6674821,7482,1151,5441,148−25.7%
Total assets6,1096,0945,5428,0127,2588,281+14.1%
Equity4,2744,6432,3913,4573,5013,149−10.1%
Liabilities1,8051,4043,1244,5043,7205,104+37.2%
Cash and cash equivalents2,6063,3741,3394,6253,1912,208−30.8%
Average number of employees777876−14.3%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (107 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 MT Alu-Glas A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202527/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202327/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202206/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202013/05/2021The 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
02468101208/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

107 companies in the database

Comparison with the other companies in glazing based on the latest financial year.

Gross profitDKK 5.5mNo. 17 of 107
Better than 85% of the companies in the industry
EquityDKK 3.1mNo. 16 of 107
Better than 86% of the companies in the industry
Number of employees10No. 29 of 107
Better than 74% of the companies in the industry

Industry median: gross profit DKK 2.2m, net profit DKK 161k, equity DKK 913k, 4 employees.

DKK 100kDKK 470kDKK 2.2mDKK 10.4mDKK 29.1mHere
Distribution of gross profit for 106 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. 11,861of 69,742
Better than 83%
No. 18,789of 69,964
Better than 73%
Same industry and fewer than 20 employees101 companies in the comparison
No. 11of 101
Better than 90%
No. 11of 101
Better than 90%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 7,922of 33,588
Better than 76%
No. 8,185of 33,687
Better than 76%
All companies of type A/S18,025 companies in the comparison
No. 11,540of 17,786
Better than 35%
No. 13,154of 18,024
Better than 27%

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

Glazing
Gross profit
  1. MT Alu-Glas A/SDKK 5.5m
  2. A.s. Facader AktieselskabDKK 48.8m
  3. Svane Glas A/SDKK 18.5m
Net profit
  1. MT Alu-Glas A/SDKK 1.1m
  2. A.s. Facader AktieselskabDKK 2.4m
  3. Svane Glas A/SDKK 48,837
Equity
  1. MT Alu-Glas A/SDKK 3.1m
  2. A.s. Facader AktieselskabDKK 14.8m
  3. Svane Glas A/SDKK 5.3m
Employees
  1. MT Alu-Glas A/S10
  2. A.s. Facader Aktieselskab68
  3. Svane Glas A/S34

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
  • MT AG Holding ApS66.67%
  • MS Ag ApS10%
  • MT86AG Holding ApS15%
MT Alu-Glas A/S

Management

5 active registrations

Executive management

Executive management at MT Alu-Glas A/S
NameRoleAppointed
Morteza ToghayCEO21/06/2015

Board of directors

Board of directors at MT Alu-Glas A/S
NameRoleAppointed
Morteza ToghayBoard member21/06/2015
Jette Grit ToghayBoard member21/06/2015
Morten ToghayBoard member26/06/2015
Jesper NygaardChair of the board26/06/2015
Founders
Morteza Toghay
Former management (1)
Former management at MT Alu-Glas A/S
NameRoleAppointedResigned
Morten ToghayChair of the board21/06/201525/06/2015

Signing rule: Selskabet tegnes af direktionen.

Address and production units

1 active production units

Reskavej 10
4220 Korsør

Slagelse Municipality · Postcode 4220

Production units
Production unitAddressEmployeesP number
MT Alu-Glas A/SReskavej 10, 4220 Korsør101020506896

Purpose

Selskabets formål er at drive håndværksmæssig virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

23 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Glazing (433420)
20241 changeaccounts 1
  • Annual report for 2023 published
20234 changescapital 1 · ownership 2 · accounts 1
  • Share capital changed from 500,000 DKK to 750,000 DKK
  • MS AG ApS registered as owner (10%)
  • MT86AG Holding ApS registered as owner (15%)
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesownership 2 · accounts 1
  • MT AG Holding ApS registered as owner (66.67%)
  • Morteza Toghay is no longer registered as owner
  • Annual report for 2020 published
20171 changeaddress 1
  • Moved to Reskavej 10, 4220 Korsør
20161 changeaddress 1
  • Moved to Reskavej 16, 4220 Korsør
20159 changesmanagement 7 · founded 1 · ownership 1
  • Morten Toghay appointed board member
  • Jesper Nygaard appointed chair of the board
  • Morten Toghay stepped down as chair of the board
  • Registered as MT Alu-Glas A/S
  • Morten Toghay appointed chair of the board
  • Morteza Toghay appointed ceo
  • Morteza Toghay appointed board member
  • Jette Grit Toghay appointed board member
  • Morteza Toghay registered as owner (100%)

Related companies

Same industry in Slagelse

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.

View in CVRReport a correction