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Vvs-firmaet Max Enggaard A/S

Public limited companyCVR 31300088Odense SActive

Vvs-firmaet Max Enggaard A/S is a public limited company, based in Odense S, active in plumbing, heat and air-conditioning installation, founded in 2008. The company went from a profit in 2024 to a loss of DKK 1.9m in 2025. With 26 employees, the company is about 5 times larger than the industry median. Equity fell to DKK 4.2m in 2025.

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Key figures · financial year 2025

Gross profitDKK 9.1m−32.1% vs. 2024
Net profit−DKK 1.9m−192.6% vs. 2024
EquityDKK 4.2m−31.2% vs. 2024
Employees26latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 32% (2024 → 2025), to DKK 9.1m.
  • Net profit went from a profit of DKK 2m to a loss of DKK 1.9m (2024 → 2025).
  • Equity fell 31% (2024 → 2025), to DKK 4.2m.

Employees

  • 1 more employees than a year earlier: 26 (08/2026) against 25 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Plumbing, heat and air-conditioning installation (432200)

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 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
EquityNet profit
Financial figures for Vvs-firmaet Max Enggaard A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,8247,9089,18510,77513,4409,122−32.1%
Operating profit (EBIT)1,3131,5331,5741,3272,628−2,363−189.9%
Profit before tax1,2421,4661,5011,2832,615−2,417−192.4%
Net profit9651,1381,1709992,037−1,886−192.6%
Total assets9,5508,1928,8489,7139,8456,847−30.4%
Equity5,7115,1385,1704,9996,0364,150−31.2%
Liabilities3,7692,9893,4634,2152,7312,521−7.7%
Cash and cash equivalents5,4653,3534,0812,9341,8632,199+18.1%
Average number of employees131516202123+9.5%

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 (1,357 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 31% from 2024 to 2025 (DKK 6m to DKK 4.2m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive 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 Vvs-firmaet Max Enggaard A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202316/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202208/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202011/02/2021The 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
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,357 companies in the database

Comparison with the other companies in plumbing, heat and air-conditioning installation based on the latest financial year.

Gross profitDKK 9.1mNo. 260 of 1,357
Better than 81% of the companies in the industry
EquityDKK 4.2mNo. 269 of 1,357
Better than 80% of the companies in the industry
Number of employees26No. 129 of 1,357
Better than 91% of the companies in the industry

Industry median: gross profit DKK 3.3m, net profit DKK 316k, equity DKK 1.3m, 5 employees.

DKK 100kDKK 805kDKK 6.5mDKK 52.2mDKK 209.5mHere
Distribution of gross profit for 1,334 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. 6,091of 9,892
Better than 38%
No. 5,132of 9,922
Better than 48%
Same industry and 20–49 employees153 companies in the comparison
No. 137of 153
Better than 11%
No. 96of 153
Better than 38%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 6,406of 24,791
Better than 74%
No. 10,666of 24,909
Better than 57%
All companies of type A/S18,025 companies in the comparison
No. 9,397of 17,786
Better than 47%
No. 12,217of 18,024
Better than 32%

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

Plumbing, heat and air-conditioning installation
Gross profit
  1. Vvs-firmaet Max Enggaard A/SDKK 9.1m
  2. Wicotec Kirkebjerg A/SDKK 419.7m
  3. Andersen & Heegaard A/SDKK 391.6m
Net profit
  1. Vvs-firmaet Max Enggaard A/S−DKK 1.9m
  2. Wicotec Kirkebjerg A/SDKK 115.1m
  3. Andersen & Heegaard A/SDKK 32.5m
Equity
  1. Vvs-firmaet Max Enggaard A/SDKK 4.2m
  2. Wicotec Kirkebjerg A/SDKK 494.9m
  3. Andersen & Heegaard A/SDKK 88.2m
Employees
  1. Vvs-firmaet Max Enggaard A/S26
  2. Wicotec Kirkebjerg A/S1,495
  3. Andersen & Heegaard A/S251

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
  • UR Holding ApS66.67%
  • EM Holding 2020 ApS20%
Vvs-firmaet Max Enggaard A/S

Management

5 active registrations

Executive management

Executive management at Vvs-firmaet Max Enggaard A/S
NameRoleAppointed
Ulrik Berg EnggaardDirector10/03/2008

Board of directors

Board of directors at Vvs-firmaet Max Enggaard A/S
NameRoleAppointed
Max EnggaardChair of the board10/03/2008
Ulrik Berg EnggaardBoard member10/03/2008
Randi June EnggaardBoard member10/03/2008
Mike Sander EnggaardBoard member29/09/2022
Founders
Max Enggaard
Former management (1)
Former management at Vvs-firmaet Max Enggaard A/S
NameRoleAppointedResigned
Elin Berg EnggaardBoard member10/03/200801/06/2011

Signing rule: Selskabet tegnes af en direktør, af bestyrelsesformanden eller af den samlede bestyrelse.

Address and production units

1 active production units

Møllevej 22
5260 Odense S

Odense Municipality · Postcode 5260

Production units
Production unitAddressEmployeesP number
VVS-FIRMAET MAX ENGGAARD A/SMøllevej 22, Skt Klemens, 5260 Odense S261014273898

Purpose

Selskabets formål er at drive virksomhed indenfor VVS-branchen, herunder at foretage handel og service samt dertil knyttede aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

27 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesmanagement 1 · accounts 1
  • Mike Sander Enggaard appointed board member
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesownership 4
  • UR Holding ApS registered as owner (66.67%)
  • EM Holding 2020 ApS registered as owner (20%)
  • Max Enggaard is no longer registered as owner
  • Ulrik Berg Enggaard is no longer registered as owner
20195 changesownership 4 · address 1
  • Max Enggaard registered as owner (20%)
  • Ulrik Berg Enggaard registered as owner (66.67%)
  • Max Enggaard is no longer registered as owner
  • Ulrik Berg Enggaard is no longer registered as owner
  • Moved to Møllevej 22, Skt Klemens, 5260 Odense S
20111 changemanagement 1
  • Elin Berg Enggaard stepped down as board member
20089 changesindustry 1 · ownership 2 · founded 1 · management 5
  • Industry changed to Plumbing, heat and air-conditioning installation (432200)
  • Max Enggaard registered as owner (66.67%)
  • Ulrik Berg Enggaard registered as owner (66.67%)
  • Registered as VVS-FIRMAET MAX ENGGAARD A/S
  • Elin Berg Enggaard appointed board member
  • Max Enggaard appointed chair of the board
  • Ulrik Berg Enggaard appointed board member
  • Ulrik Berg Enggaard appointed director
  • Randi June Enggaard appointed board member

Related companies

Same industry in Odense

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Same people in management

Largest in the industry

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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