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MAX FODGAARD A/S: Financial statements 2020

CVR: 24179818

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

MAX FODGAARD A/S (CVR 24179818) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 47,433,094 and a net result of DKK 7,938,316 compared with DKK 8,357,918 the year before. That is an increase of 3.7% compared with the year before. Equity in the 2020 report amounted to DKK 94,549,815. The solvency ratio was 80.1%. The company had 63 employees in the financial year.

Gross Profit
DKK 47,433,094
Profit/Loss
DKK 7,938,316
Equity
DKK 94,549,815
Total Assets
DKK 118,001,059
Employees
63

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-47.4 mio.7.9 mio.94.5 mio.63
2019-45.7 mio.8.4 mio.87.6 mio.63
2018-42.7 mio.4.7 mio.79.3 mio.61
2017-43.5 mio.7.9 mio.76.6 mio.59
2016-40.6 mio.6.2 mio.68.7 mio.59

Official annual report

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Events in 2020

MAX FODGAARD A/S: The 2019 annual report is outApr 7, 2020

MAX FODGAARD A/S has published its annual report for 2019. Gross profit came to DKK 45,742,348, and the net result was DKK 8,357,918.

About MAX FODGAARD A/S

MAX FODGAARD A/S is a Danish company of the type Aktieselskab based in Hvidovre, founded in 1962. The company is registered under the industry Engroshandel med andre maskiner og andet udstyr. The management consists of Anders Melgaard Clausen. The board consists of Søren Fodgaard (chair), John Ibsen, Jørgen Robert Glenthøj and Klaus Søgaard. The company is owned by MAX FODGAARD FONDEN. The company has 67 employees (2026). In 2025, the company reported a gross profit of DKK 80,440,592 and a net result of DKK 26,482,242 compared with DKK 34,686,347 the year before. Equity in the 2025 report amounted to DKK 201,423,628.

Source: annual report 2025, Danish Business Authority