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MI A/S

CVR: 20781793

Declining 6% p.a.Medium companyWell-established (28 yrs)Breakeven

Secondary names: MI Parts A/S, MI Maskiner A/S, MI Butik A/S

Previous names: MI TRADING ApS, Maskinhandler Indkøbsringen A/S

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About MI A/S

MI A/S is a Danish company of the type Aktieselskab based in Vejle, founded in 1998. The company is registered under the industry Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. The company was previously named Maskinhandler Indkøbsringen A/S and MI TRADING ApS. The management consists of Kristian Glisbjerg Jakobsen. The company is owned by Zweegers Nordics A/S. The company has 68 employees. In 2025, the company reported revenue of DKK 231,606,676 and a net result of DKK 3,382,962 compared with DKK 1,997,024 the year before. Equity amounted to DKK 58,481,083.

MI A/S exhibits a fluctuating financial trajectory, with revenue peaking at 267.97 million DKK in 2022 before declining to 231.61 million DKK in 2025. Profitability has also seen a downward trend, dropping from 15.99 million DKK in 2022 to 3.38 million DKK in 2025, indicating potential challenges in maintaining margins. Despite these fluctuations, equity remains relatively stable, increasing from 43.15 million DKK in 2021 to 58.48 million DKK in 2025, suggesting a solid capital base. The company operates within the agricultural machinery wholesale sector, where it holds a significant position, but ongoing profitability concerns may impact its competitive edge.

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Overview

Company type
A/S
Aktieselskab
Address
Soldalen 1, 7100 Vejle
VEJLE
7100 Vejle
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Founded
1.4.1998

Details

Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil
Code: 466100
Secondary industries
Udlejning af erhvervsejendomme (682040)
Employees
68 employees
61 FTE
(2018)
Capital
5.000.000 kr.

Purpose

Selskabets formål at drive virksomhed med markedsføring, distribution, udlejning og salg af maskiner, redskaber, tilbehør og reservedele til virksomheder inden for entreprenørbranchen, landbrug, have- og parkanvendelse samt anden hermed beslægtet virksomhed.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2025231.6 mio.3.4 mio.145.2 mio.58.5 mio.36
2024233.8 mio.2 mio.150.9 mio.55.1 mio.37
2023239.2 mio.9.7 mio.156.5 mio.60.6 mio.31
2022268 mio.16 mio.130.9 mio.58.4 mio.31
2021214.8 mio.12.7 mio.75.1 mio.43.2 mio.33
2020326 mio.2.7 mio.148.5 mio.30.5 mio.50
2019330 mio.819 t.176.4 mio.27.8 mio.52
2018355.9 mio.473 t.172.7 mio.26.9 mio.60
2017--214 t.0-3.3 mio.-
2016--8 t.196 t.-3 mio.-
2014--29 t.333 t.-3 mio.-
2013-2 t.385 t.-3 mio.-

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Industry Benchmarks

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Compared to 401 companies in Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil

Revenue
Company231.6 mio.
Industry median3.2 mio.
71.4x
Profit margin
Company1.5%
Industry median21.0%
14.4x below
Employees
Company36
Industry median10
3.6x
Equity ratio
Company40.3%
Industry median48.0%
About average

Comparison is based on industry median values

Ownership

Owners
Zweegers Nordics A/S
CVR: 44714426
100%
MI A/S
CVR: 20781793

Management

Directors

Kristian Glisbjerg Jakobsen(ADM. DIR.)

Board

Gerrit van der Scheer(FORMAND)
Kristian Glisbjerg Jakobsen(BESTYRELSESMEDLEM)
Ronald Adrianus Maria Slaats(BESTYRELSESMEDLEM)

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Founders

MASKINHANDLER INDKØBSRINGEN A.M.B.A

Production units (2)

MI A/S
P-no: 1007924980
Soldalen 1, 7100, Vejle
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil
68 employees

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History

71 events
2026
MI A/S: The 2025 annual report is outJun 18, 2026

MI A/S has published its annual report for 2025. Revenue came to DKK 231,606,676, and the net result was DKK 3,382,962.

Ronald Adrianus Maria Slaats joins the board of MI A/SMar 31, 2026

As of March 31, 2026, Ronald Adrianus Maria Slaats has joined the board of directors of MI A/S.

Ronald Ruesink leaves the board of MI A/SMar 31, 2026

As of March 31, 2026, Ronald Ruesink has left the board of directors of MI A/S.

2025
MI A/S: The 2024 annual report is outJun 30, 2025

MI A/S has published its annual report for 2024. Revenue came to DKK 233,752,331, and the net result was DKK 1,997,024.

2024
Zweegers Nordics A/S registered as owner of MI A/SOct 23, 2024

As of October 23, 2024, Zweegers Nordics A/S is registered as an owner of MI A/S with an ownership share of 100%.

MI A/S: The 2023 annual report is outMay 10, 2024

MI A/S has published its annual report for 2023. Revenue came to DKK 239,249,939, and the net result was DKK 9,669,705.

2023
Maskinhandler Indkøbsringen A/S changes name to MI A/SSep 1, 2023

On September 1, 2023, the company changed its name from Maskinhandler Indkøbsringen A/S to MI A/S.

MI A/S: The 2022 annual report is outApr 12, 2023

MI A/S has published its annual report for 2022. Revenue came to DKK 267,965,885, and the net result was DKK 15,994,092.

2022
MI A/S appoints new auditorAug 30, 2022

As of August 30, 2022, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of MI A/S.

Auditor steps down at MI A/SAug 30, 2022

As of August 30, 2022, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of MI A/S.

Gerrit van der Scheer joins the board of MI A/SAug 30, 2022

As of August 30, 2022, Gerrit van der Scheer has joined the board of directors of MI A/S.

Ronald Ruesink joins the board of MI A/SAug 30, 2022

As of August 30, 2022, Ronald Ruesink has joined the board of directors of MI A/S.

Willem Anthonie Jacob Vermeij leaves the board of MI A/SAug 30, 2022

As of August 30, 2022, Willem Anthonie Jacob Vermeij has left the board of directors of MI A/S.

Ronald Ruesink leaves the board of MI A/SAug 29, 2022

As of August 29, 2022, Ronald Ruesink has left the board of directors of MI A/S.

Kristian Glisbjerg Jakobsen joins the board of MI A/SApr 21, 2022

As of April 21, 2022, Kristian Glisbjerg Jakobsen has joined the board of directors of MI A/S.

Willem Anthonie Jacob Vermeij joins the board of MI A/SApr 21, 2022

As of April 21, 2022, Willem Anthonie Jacob Vermeij has joined the board of directors of MI A/S.

Ronald Ruesink joins the board of MI A/SApr 21, 2022

As of April 21, 2022, Ronald Ruesink has joined the board of directors of MI A/S.

Jørn Dann Nielsen leaves the board of MI A/SApr 21, 2022

As of April 21, 2022, Jørn Dann Nielsen has left the board of directors of MI A/S.

Søren Hundahl leaves the board of MI A/SApr 21, 2022

As of April 21, 2022, Søren Hundahl has left the board of directors of MI A/S.

Torben Petersen leaves the board of MI A/SApr 21, 2022

As of April 21, 2022, Torben Petersen has left the board of directors of MI A/S.

Ellen Mølgaard Korsager leaves the board of MI A/SApr 21, 2022

As of April 21, 2022, Ellen Mølgaard Korsager has left the board of directors of MI A/S.

MI A/S: The 2021 annual report is outMar 11, 2022

MI A/S has published its annual report for 2021. Revenue came to DKK 214,805,547, and the net result was DKK 12,686,387.

2021
MI A/S: The 2020 annual report is outApr 26, 2021

MI A/S has published its annual report for 2020. Revenue came to DKK 326,045,208, and the net result was DKK 2,705,657.

Ellen Mølgaard Korsager joins the board of MI A/SFeb 11, 2021

As of February 11, 2021, Ellen Mølgaard Korsager has joined the board of directors of MI A/S.

Per Bo Stjernqvist leaves the board of MI A/SFeb 11, 2021

As of February 11, 2021, Per Bo Stjernqvist has left the board of directors of MI A/S.

Ellen Mølgaard Korsager leaves the board of MI A/SFeb 10, 2021

As of February 10, 2021, Ellen Mølgaard Korsager has left the board of directors of MI A/S.

2020
MI A/S: The 2019 annual report is outMar 10, 2020

MI A/S has published its annual report for 2019. Revenue came to DKK 329,972,218, and the net result was DKK 819,186.

2019
Ellen Mølgaard Korsager joins the board of MI A/SMay 15, 2019

As of May 15, 2019, Ellen Mølgaard Korsager has joined the board of directors of MI A/S.

MI A/S: The 2018 annual report is outMar 29, 2019

MI A/S has published its annual report for 2018. Revenue came to DKK 355,928,330, and the net result was DKK 472,896.

2018
MI A/S publishes interim reportApr 24, 2018

MI A/S has published its interim report for the period April 1, 2017 – December 31, 2017.

2017
MI A/S: The 2017 annual report is outJun 1, 2017

MI A/S has published its annual report for 2017. Gross profit came to DKK -213,902, and the net result was DKK -213,902.

MI TRADING ApS changes name to Maskinhandler Indkøbsringen A/SMay 19, 2017

On May 19, 2017, the company changed its name from MI TRADING ApS to Maskinhandler Indkøbsringen A/S.

2016
Dorit Pagh leaves the board of MI A/SSep 30, 2016

As of September 30, 2016, Dorit Pagh has left the board of directors of MI A/S.

MI A/S: The 2016 annual report is outSep 21, 2016

MI A/S has published its annual report for 2016. Gross profit came to DKK -7,500, and the net result was DKK -7,500.

2015
MI A/S appoints new auditorAug 19, 2015

As of August 19, 2015, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of MI A/S.

Auditor steps down at MI A/SAug 19, 2015

As of August 19, 2015, A/S PSE 17 NR. 1056 has stepped down as auditor of MI A/S.

Per Bo Stjernqvist joins the board of MI A/SAug 19, 2015

As of August 19, 2015, Per Bo Stjernqvist has joined the board of directors of MI A/S.

Torben Petersen joins the board of MI A/SAug 19, 2015

As of August 19, 2015, Torben Petersen has joined the board of directors of MI A/S.

Kristen Lyager Laursen leaves the board of MI A/SAug 19, 2015

As of August 19, 2015, Kristen Lyager Laursen has left the board of directors of MI A/S.

Torben Petersen leaves the board of MI A/SAug 18, 2015

As of August 18, 2015, Torben Petersen has left the board of directors of MI A/S.

MI A/S: The 2015 annual report is outJun 24, 2015

MI A/S has published its annual report for 2015.

2014
MI A/S: The 2014 annual report is outJun 16, 2014

MI A/S has published its annual report for 2014. The net result was DKK -28,689.

Dorit Pagh joins the board of MI A/SMay 28, 2014

As of May 28, 2014, Dorit Pagh has joined the board of directors of MI A/S.

Hans Henrik Termansen leaves the board of MI A/SMay 28, 2014

As of May 28, 2014, Hans Henrik Termansen has left the board of directors of MI A/S.

2013
MI A/S: The 2013 annual report is outMay 31, 2013

MI A/S has published its annual report for 2013. The net result was DKK 2,228.

Jørn Dann Nielsen joins the board of MI A/SMay 24, 2013

As of May 24, 2013, Jørn Dann Nielsen has joined the board of directors of MI A/S.

Torben Petersen joins the board of MI A/SMay 24, 2013

As of May 24, 2013, Torben Petersen has joined the board of directors of MI A/S.

2012
Søren Hundahl joins the board of MI A/SJun 4, 2012

As of June 4, 2012, Søren Hundahl has joined the board of directors of MI A/S.

Hans Sommerlund Andersen leaves the board of MI A/SJun 4, 2012

As of June 4, 2012, Hans Sommerlund Andersen has left the board of directors of MI A/S.

2009
Erik Hundahl leaves the board of MI A/SMay 20, 2009

As of May 20, 2009, Erik Hundahl has left the board of directors of MI A/S.

2008
Hans Henrik Termansen joins the board of MI A/SMay 23, 2008

As of May 23, 2008, Hans Henrik Termansen has joined the board of directors of MI A/S.

Jan Bekhøj Pedersen leaves the board of MI A/SMay 23, 2008

As of May 23, 2008, Jan Bekhøj Pedersen has left the board of directors of MI A/S.

2004
Kristian Glisbjerg Jakobsen joins MI A/S as adm. dir.May 26, 2004

As of May 26, 2004, Kristian Glisbjerg Jakobsen is registered as adm. dir. of MI A/S.

Jan Bekhøj Pedersen steps down as adm. dir. of MI A/SMay 26, 2004

As of May 26, 2004, Jan Bekhøj Pedersen has stepped down as adm. dir. of MI A/S.

2003
Jan Bekhøj Pedersen joins MI A/S as adm. dir.Aug 29, 2003

As of August 29, 2003, Jan Bekhøj Pedersen is registered as adm. dir. of MI A/S.

John Teddy Nielsen steps down as adm. dir. of MI A/SAug 28, 2003

As of August 28, 2003, John Teddy Nielsen has stepped down as adm. dir. of MI A/S.

Kristen Lyager Laursen joins the board of MI A/SJul 17, 2003

As of July 17, 2003, Kristen Lyager Laursen has joined the board of directors of MI A/S.

Søren Peter Madsen leaves the board of MI A/SMay 28, 2003

As of May 28, 2003, Søren Peter Madsen has left the board of directors of MI A/S.

2002
Bjarne Poulsen leaves the board of MI A/SMay 24, 2002

As of May 24, 2002, Bjarne Poulsen has left the board of directors of MI A/S.

2001
Jan Bekhøj Pedersen joins the board of MI A/SMay 23, 2001

As of May 23, 2001, Jan Bekhøj Pedersen has joined the board of directors of MI A/S.

2000
Erik Petersen leaves the board of MI A/SAug 31, 2000

As of August 31, 2000, Erik Petersen has left the board of directors of MI A/S.

1998
John Teddy Nielsen joins MI A/S as adm. dir.Nov 3, 1998

As of November 3, 1998, John Teddy Nielsen is registered as adm. dir. of MI A/S.

Egon Kurt Johansen steps down as director of MI A/SNov 1, 1998

As of November 1, 1998, Egon Kurt Johansen has stepped down as director of MI A/S.

MI A/S appoints new auditorApr 1, 1998

As of April 1, 1998, A/S PSE 17 NR. 1056 has been appointed auditor of MI A/S.

Hans Sommerlund Andersen joins the board of MI A/SApr 1, 1998

As of April 1, 1998, Hans Sommerlund Andersen has joined the board of directors of MI A/S.

Erik Hundahl joins the board of MI A/SApr 1, 1998

As of April 1, 1998, Erik Hundahl has joined the board of directors of MI A/S.

Søren Peter Madsen joins the board of MI A/SApr 1, 1998

As of April 1, 1998, Søren Peter Madsen has joined the board of directors of MI A/S.

Erik Petersen joins the board of MI A/SApr 1, 1998

As of April 1, 1998, Erik Petersen has joined the board of directors of MI A/S.

Bjarne Poulsen joins the board of MI A/SApr 1, 1998

As of April 1, 1998, Bjarne Poulsen has joined the board of directors of MI A/S.

Egon Kurt Johansen joins MI A/S as directorApr 1, 1998

As of April 1, 1998, Egon Kurt Johansen is registered as director of MI A/S.

MI A/S is foundedApr 1, 1998

MI A/S was founded on April 1, 1998.

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