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Mads Westergaard ApS
APS
Active
CVR 40005463
Limfjordsgade 184A
Manufacture of other special-purpose machinery n.e.c. · NACE 2899
Est. 2018
— employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
DKK 68K
+36% vs 2024
EBITDA margin
100.0%
+62% vs 2024
Equity ratio
85.8%
Financial strength
Net profit 2025
DKK 53K
+63% vs 2024
EBITDA — year on year
DKK millions
0M
0M
1M
1M
1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
DKK 68K
+36%
EBITDA
DKK 68K
+62%
Net profit
DKK 53K
+63%
Total assets
DKK 165K
-34%
Equity
DKK 142K
-37%
Employees
—
—
Company information
Legal name
Mads Westergaard ApS
CVR number
40005463
Legal form
Anpartsselskab
NACE code
2899 · Manufacture of other special-purpose machinery n.e.c.
Founded
6. november 2018
Share capital
DKK 50.000
Employees
—
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af direktionen.
Company purpose
Virksomhedens formål er at drive virksomhed med produktion og salg af maskiner og hermed forbundet virksomhed.
Contact
Address
Limfjordsgade 184A
Phone
+4528978462
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Manufacture of other special-purpose machinery n.e.c.
Companies in Jammerbugt
All Denmark companies
Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
DKK thousands
Item
2019
2020
2021
2022
2023
2024
2025
Revenue
299
-27
188
127
91
50
68
Staff expenses
-0
-0
-0
-0
-0
-0
-0
EBITDA
299
-27
188
127
91
42
68
Depreciation & amort.
-0
-0
-0
-0
-0
-0
-0
EBIT
299
-27
188
127
91
42
68
Net financials
1
-5
-2
-3
-1
-0
-0
Profit before tax
300
-32
186
124
90
42
68
Tax
66
-6
41
27
20
9
15
Net profit
234
-26
145
97
70
33
53
Balance sheet
DKK thousands
Item
2019
2020
2021
2022
2023
2024
2025
Total assets
386
241
383
384
329
251
165
Equity
284
233
378
360
313
223
142
Long-term debt
0
0
0
0
0
0
0
Short-term debt
102
8
5
23
16
28
23
Total debt
102
8
5
23
16
28
23
Financial ratios
5-year trend
EBITDA margin
100.0%
This company
15.8%
Market median
+533% vs market
2019
2025
Equity ratio
85.8%
This company
38.2%
Market median
+125% vs market
2019
2025
Return on equity
37.6%
This company
18.4%
Market median
+104% vs market
2019
2025
Net profit margin
77.9%
This company
8.1%
Market median
+862% vs market
2019
2025
Asset turnover
0.41×
This company
1.12×
Market median
-63% vs market
2019
2025
Debt / equity
0.16×
This company
0.62×
Market median
+74% vs market
2019
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-11-06 – 2019-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Mads Westergaard
Individual
100.0%
100.0%
2018
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Mads Westergaard ApS
(this company)
Westergaard Ejendomsselskab ApS
Board network connections
Board members of Mads Westergaard ApS also hold positions in
0
other companies.
Person
Role here
Other companies