X max ApS
Private limited companyCVR 41227133Odense SØActive
X max ApS is a private limited company, based in Odense SØ, active in freight transport by road, founded in 2020. The company went from a profit in 2024 to a loss of DKK 201k in 2025. With 19 employees, the company is about 3 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 24% (2024 → 2025), to DKK 3.9m.
- Net profit went from a profit of DKK 407k to a loss of DKK 201k (2024 → 2025).
- Equity fell 10% (2024 → 2025), to DKK 1.9m.
Employees
- 8 more employees than a year earlier: 19 (07/2026) against 11 (07/2025).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1,173 | 4,089 | 10,633 | not stated | not stated | – |
| Gross profit | 0 | 720 | 1,705 | 6,129 | 5,111 | 3,875 | −24.2% |
| Operating profit (EBIT) | 0 | 536 | 160 | 1,445 | 535 | −154 | −128.8% |
| Profit before tax | 0 | 534 | 158 | 1,420 | 534 | −177 | −133% |
| Net profit | 0 | 417 | 123 | 1,108 | 407 | −201 | −149.4% |
| Total assets | 40 | 619 | 1,773 | 3,690 | 3,951 | 2,864 | −27.5% |
| Equity | 40 | 457 | 580 | 1,688 | 2,095 | 1,894 | −9.6% |
| Liabilities | 0 | 163 | 1,193 | 2,003 | 1,810 | 957 | −47.2% |
| Cash and cash equivalents | 40 | 83 | 728 | 684 | 1,323 | 933 | −29.5% |
| Average number of employees | – | 1 | 9 | 10 | 10 | 9 | −10% |
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 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 24/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 04/11/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 21/06/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 17/06/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 28/06/2022 | The company | PDF not statedXBRL |
| 2020 | 09/03/2020 – 31/12/2020 | 26/03/2021 | The company | PDF not statedXBRL |
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
1,411 companies in the databaseComparison with the other companies in freight transport by road based on the latest financial year.
Industry median: gross profit DKK 4m, net profit DKK 253k, equity DKK 1.7m, 6 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. 17,716of 69,742 Better than 75% | No. 25,056of 69,964 Better than 64% |
| Same industry and fewer than 20 employees1,059 companies in the comparison | No. 392of 1,059 Better than 63% | No. 388of 1,059 Better than 63% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 10,752of 33,579 Better than 68% | No. 11,172of 33,678 Better than 67% |
| All companies of type ApS66,508 companies in the comparison | No. 17,759of 66,379 Better than 73% | No. 21,163of 66,505 Better than 68% |
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
Freight transport by road- X max ApSDKK 3.9m
- Danske Fragtmænd A/SDKK 682.3m
- Hcs A/S Transport & SpeditionDKK 598.2m
- X max ApS−DKK 201k
- Danske Fragtmænd A/SDKK 87.6m
- Hcs A/S Transport & SpeditionDKK 189.4m
- X max ApSDKK 1.9m
- Danske Fragtmænd A/SDKK 546.8m
- Hcs A/S Transport & SpeditionDKK 439.4m
- X max ApS19
- Danske Fragtmænd A/S1,272
- Hcs A/S Transport & Spedition483
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Nawaf Jabbar Faleh Maawad100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Nawaf Jabbar Faleh Maawad | Director | 09/03/2020 |
- Founders
- NJFM Holding ApS
Signing rule: Selskabet tegnes af direktøren.
Address and production units
1 active production unitsNyborgvej 295
5220 Odense SØ
| Production unit | Address | Employees | P number |
|---|---|---|---|
| X max ApS | Nyborgvej 295, 4. mf, 5220 Odense SØ | 18 | 1025644340 |
Purpose
Selskabets formål er at drive virksomhed med transport samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
15 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20212 changesaddress 1 · accounts 1
- AddressMoved to Nyborgvej 295, 4. mf, 5220 Odense SØ
- AccountsAnnual report for 2020 published
20208 changesindustry 2 · address 1 · ownership 3 · founded 1 · management 1
- IndustryIndustry changed to Freight transport by road (494100)
- AddressMoved to Nyborgvej 295, 4. mf, 5220 Odense SØ
- OwnershipNawaf Jabbar Faleh Maawad registered as owner (100%)
- OwnershipNJFM Holding ApS is no longer registered as owner
- IndustryIndustry changed to Computerprogrammering (620100)
- FoundedRegistered as X max ApS
- ManagementNawaf Jabbar Faleh Maawad appointed director
- OwnershipNJFM Holding ApS registered as owner (100%)
Related companies
Same industry in Odense
- Alex Andersen. Ølund A/S473 employees
- Poul Schou A/S191 employees
- Bne A/S156 employees
- Palle Holmegaard Transport A/S147 employees
- Peder Olsen & Søn. Fragt- og Vognmandsforretning. Odense A/S124 employees
- Dansk Døgnfragt ApS81 employees
Same people in management
- Post Fyn ApSvia Nawaf Jabbar Faleh Maawad
Largest in the industry
- Danske Fragtmænd A/SDKK 682.3m
- Hcs A/S Transport & SpeditionDKK 598.2m
- Alex Andersen. Ølund A/SDKK 312.1m
- Kaj Madsen A/SDKK 298.8m
- Nagel Liller A/SDKK 270.9m
- Anders Nielsen & Co A/SDKK 270.4m
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.