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Muehlhan Wind Service A/S

Public limited companyCVR 38568183FredericiaActive

Muehlhan Wind Service A/S is a public limited company, based in Fredericia, active in repair of electrical equipment, founded in 2017. Measured by gross profit, it ranks no. 5 of 77 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 5.3m. With 541 employees, the company is about 60 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 174.7m+17.7% vs. 2024
Net profit−DKK 5.3m−146.8% vs. 2024
EquityDKK 117.6m+10.4% vs. 2024
Employees541latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 31% (2024 → 2025), to DKK 59.1m.
  • Revenue rose 18% (2024 → 2025), to DKK 174.7m.
  • The loss grew: from DKK 2.1m to DKK 5.3m (2024 → 2025).
  • Equity rose 10% (2024 → 2025), to DKK 117.6m.

Employees

  • 130 more employees than a year earlier: 541 (07/2026) against 411 (07/2025).

Management and owners, last 24 months

  • New in management: Jesper Rasmussen (board member, 30/06/2025) and Thomas Toft (director, 18/06/2026).
  • Stepped down: Stefan Ove Karl Hougaard (board member, 30/06/2025) and Thomas Toft (director, 23/06/2026).
  • New owners registered: Muehlhan A/S (31/05/2026) and Muehlhan Wind Service A/S (16/06/2026).
  • No longer registered as owner: Muehlhan A/S (30/05/2026) and Muehlhan Wind Service A/S (22/06/2026).

Registrations, last 24 months

  • 28/08/2026: Share capital changed from 5,553,765 DKK to 6,994,807 DKK
  • 10/07/2026: Share capital changed from 5,428,683 DKK to 5,553,765 DKK
  • 22/06/2026: Share capital changed from 5,167,662 DKK to 5,428,683 DKK
  • 31/05/2026: Share capital changed from 5,000,377 DKK to 5,167,662 DKK
  • 28/12/2025: Share capital changed from 4,922,124 DKK to 5,000,377 DKK
  • 25/08/2025: Share capital changed from 4,503,611 DKK to 4,922,124 DKK

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 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
EquityNet profit
Financial figures for Muehlhan Wind Service A/S
202020212022202320242025Change
Revenuenot statednot stated678,856151,172148,449174,737+17.7%
Gross profit76,528130,251187,98649,82345,15159,135+31%
Operating profit (EBIT)19,69223,27341,85913,7022,6201,650−37%
Profit before tax17,26320,32334,26011,720−1,860−5,053−171.7%
Net profit13,52815,07327,1288,926−2,140−5,281−146.8%
Total assets106,939208,715240,825118,793179,344191,492+6.8%
Equity16,87835,55959,41339,248106,554117,615+10.4%
Liabilities90,060166,891164,05578,16971,26171,691+0.6%
Cash and cash equivalents1,9305,71821,7413,316614862+40.4%
Average number of employees6294159382515759+47.4%

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: 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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180m202020212022202320242025
Gross profitMedian, the industry (77 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    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

6 financial years
Annual reports for Muehlhan Wind Service A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202205/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202019/05/2021The 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
010020030040050060008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

77 companies in the database

Comparison with the other companies in repair of electrical equipment based on the latest financial year.

Gross profitDKK 59.1mNo. 5 of 77
Better than 95% of the companies in the industry
EquityDKK 117.6mNo. 2 of 77
Better than 99% of the companies in the industry
Number of employees541No. 1 of 77
Better than 100% of the companies in the industry

Industry median: gross profit DKK 4.6m, net profit DKK 588k, equity DKK 3.5m, 9 employees.

DKK 100kDKK 749kDKK 5.6mDKK 42.1mDKK 161.1mHere
Distribution of gross profit for 74 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 500–999 employees207 companies in the comparison
No. 180of 189
Better than 5%
No. 133of 207
Better than 36%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 565of 33,588
Better than 98%
No. 609of 33,687
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 2,490of 17,786
Better than 86%
No. 2,040of 18,024
Better than 89%

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

Repair of electrical equipment
Gross profit
  1. Muehlhan Wind Service A/SDKK 59.1m
  2. Zeppelin Danmark A/SDKK 315.3m
  3. Swire Renewable Energy A/SDKK 254.8m
Net profit
  1. Muehlhan Wind Service A/S−DKK 5.3m
  2. Zeppelin Danmark A/SDKK 46.6m
  3. Swire Renewable Energy A/S−DKK 125.2m
Equity
  1. Muehlhan Wind Service A/SDKK 117.6m
  2. Zeppelin Danmark A/SDKK 360.1m
  3. Swire Renewable Energy A/SDKK 84.6m
Employees
  1. Muehlhan Wind Service A/S541
  2. Zeppelin Danmark A/S327
  3. Swire Renewable Energy A/S282

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
Muehlhan Wind Service A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Muehlhan Wind Service A/S
NameRoleAppointed
Søren HøfferCEO01/02/2021
Heidi Thousgaard TerrvikDirector01/05/2023

Board of directors

Board of directors at Muehlhan Wind Service A/S
NameRoleAppointed
Roy Trøen NedalChair of the board04/01/2021
Thorsten HellBoard member21/09/2022
Jesper RasmussenBoard member30/06/2025
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
Muehlhan A/S
Former management (9)
Former management at Muehlhan Wind Service A/S
NameRoleAppointedResigned
Kenneth HolmbechBoard member11/04/201726/04/2017
Jens MørkDirector11/04/201701/02/2021
Jens MørkBoard member11/04/201721/09/2022
Pia Sønderby JessenBoard member11/04/201726/04/2017
Stefan Johannes Müller-ArendsChair of the board26/04/201704/01/2021
Dr. Andreas Christoph KrügerBoard member26/04/201704/01/2021
Thomas AndersenBoard member04/01/202131/05/2023
Stefan Ove Karl HougaardBoard member31/05/202330/06/2025
Thomas ToftDirector18/06/202623/06/2026

Signing rule: Selskabet tegnes af 2 direktionsmedlemmer i forening, 1 direktionsmedlem i forening med 1 medlem af bestyrelsen, eller den samlede bestyrelse.

Address and production units

1 active production units

Navervej 10
7000 Fredericia

Fredericia Municipality · Postcode 7000

Other companies at the address (1)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Muehlhan Wind Service A/SNavervej 10, Snoghøj, 7000 Fredericia5411022360384

Purpose

Selskabets formål er at udføre vindmølleprojekter, herunder opsætning, montage og vedligehold af vindmøller samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

71 registered events
202611 changescapital 4 · accounts 1 · management 2 · ownership 4
  • Share capital changed from 5,553,765 DKK to 6,994,807 DKK
  • Share capital changed from 5,428,683 DKK to 5,553,765 DKK
  • Annual report for 2025 published
  • Thomas Toft stepped down as director
  • Share capital changed from 5,167,662 DKK to 5,428,683 DKK
  • Muehlhan Wind Service A/S is no longer registered as owner
  • Thomas Toft appointed director
  • Muehlhan Wind Service A/S registered as owner (5%)
  • Share capital changed from 5,000,377 DKK to 5,167,662 DKK
  • MUEHLHAN A/S registered as owner (66.67%)
  • MUEHLHAN A/S is no longer registered as owner
20257 changescapital 3 · accounts 1 · management 2 · industry 1
  • Share capital changed from 4,922,124 DKK to 5,000,377 DKK
  • Share capital changed from 4,503,611 DKK to 4,922,124 DKK
  • Share capital changed from 4,453,044 DKK to 4,503,611 DKK
  • Annual report for 2024 published
  • Jesper Rasmussen appointed board member
  • Stefan Ove Karl Hougaard stepped down as board member
  • Industry changed to Repair of electrical equipment (331400)
20245 changescapital 2 · accounts 1 · ownership 2
  • Share capital changed from 3,142,644 DKK to 4,453,044 DKK
  • Annual report for 2023 published
  • Share capital changed from 3,106,309 DKK to 3,142,644 DKK
  • MUEHLHAN A/S registered as owner (90%)
  • MUEHLHAN A/S is no longer registered as owner
202313 changescapital 2 · accounts 1 · management 3 · ownership 6 · industry 1
  • Share capital changed from 2,675,600 DKK to 3,106,309 DKK
  • Share capital changed from 2,250,000 DKK to 2,675,600 DKK
  • Annual report for 2022 published
  • Stefan Ove Karl Hougaard appointed board member
  • Thomas Andersen stepped down as board member
  • Heidi Thousgaard Terrvik appointed director
  • MUEHLHAN A/S registered as owner (66.67%)
  • TMMO Holding ApS is no longer registered as owner
  • JR EQUITY ApS is no longer registered as owner
  • SA Holding Silkeborg ApS is no longer registered as owner
  • Sokh ApS is no longer registered as owner
  • MUEHLHAN A/S is no longer registered as owner
  • Industry changed to Fremstilling af vindmøller og dele hertil (281110)
20224 changesownership 1 · management 2 · accounts 1
  • Jens Mørk Holding ApS is no longer registered as owner
  • Thorsten Hell appointed board member
  • Jens Mørk stepped down as board member
  • Annual report for 2021 published
20217 changesaccounts 1 · management 6
  • Annual report for 2020 published
  • Søren Høffer appointed ceo
  • Jens Mørk stepped down as director
  • Thomas Andersen appointed board member
  • Roy Trøen Nedal appointed chair of the board
  • Dr. Andreas Christoph Krüger stepped down as board member
  • Stefan Johannes Müller-Arends stepped down as chair of the board
20204 changesaddress 1 · ownership 3
  • Moved to Navervej 10, Snoghøj, 7000 Fredericia
  • TMMO Holding ApS registered as owner (5%)
  • Thomas Andersen is no longer registered as owner
  • NEEL ApS is no longer registered as owner
20183 changesownership 3
  • JR EQUITY ApS registered as owner (5%)
  • NEEL ApS registered as owner (5%)
  • NEEL ApS is no longer registered as owner
201717 changesownership 8 · management 8 · founded 1
  • Thomas Andersen registered as owner (5%)
  • SA Holding Silkeborg ApS registered as owner (5%)
  • Jens Mørk Holding ApS registered as owner (5%)
  • Sokh ApS registered as owner (5%)
  • MUEHLHAN A/S registered as owner (50%)
  • NEEL ApS registered as owner (15%)
  • MUEHLHAN A/S is no longer registered as owner
  • Dr. Andreas Christoph Krüger appointed board member
  • Stefan Johannes Müller-Arends appointed chair of the board
  • Kenneth Holmbech stepped down as board member
  • Pia Sønderby Jessen stepped down as board member
  • Registered as Muehlhan Wind Service A/S
  • Jens Mørk appointed director
  • Kenneth Holmbech appointed board member
  • Jens Mørk appointed board member
  • Pia Sønderby Jessen appointed board member
  • MUEHLHAN A/S registered as owner (100%)

Related companies

Same industry in Fredericia

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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction