CVR: 26988136
DKK 11,314,324
Gross profit
Net result: DKK -2,910,733
MICHAELS AUTOMOBILER HOLDING ApS
CVR · view ownership and management
Owner registered: MICHAELS AUTOMOBILER HOLDING ApS
CVR · 25/03/2011
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MICHAELS AUTOMOBILER ApS is a Danish company of the type Anpartsselskab based in Varde, founded in 2004. The company is registered under the industry Detailhandel med motorkøretøjer. The management consists of Michael Østergaard Mathiasen. The company is owned by MICHAELS AUTOMOBILER HOLDING ApS. The company has 16 employees (2018). In 2025, the company reported a gross profit of DKK 11,314,324 and a net result of DKK -2,910,733 compared with DKK -5,925,433 the year before. Equity in the 2025 report amounted to DKK 4,171,650.
Source: annual report 2025, Danish Business Authority
The financial health of MICHAELS AUTOMOBILER ApS shows a concerning trend, with consistent losses over the past three years, culminating in a net loss of 2,910,733 DKK in 2025. Despite a gross profit increase from 5,919,483 DKK in 2024 to 11,314,324 DKK in 2025, the company has struggled to achieve profitability since 2022. Equity has decreased from 13,949,831 DKK in 2022 to 4,171,650 DKK in 2025, indicating potential liquidity issues. While gross profit margins appear stable, the ongoing losses raise concerns about the company's sustainability and position within the competitive automotive retail industry.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive virksomhed med reparation, salg og køb a biler og hermed beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 11.3 mio. | -2.9 mio. | 48 mio. | 4.2 mio. | 24 | |
| 202401/01/2024 – 31/12/2024 | 5.9 mio. | -5.9 mio. | 54.7 mio. | 7.1 mio. | 21 | |
| 202301/01/2023 – 31/12/2023 | 7.4 mio. | -942 t. | 48.3 mio. | 13 mio. | 17 | |
| 202201/01/2022 – 31/12/2022 | 9.7 mio. | 1.9 mio. | 45 mio. | 13.9 mio. | 16 | |
| 202101/01/2021 – 31/12/2021 | 9.3 mio. | 2.9 mio. | 34.1 mio. | 13 mio. | 15 | |
| 202001/01/2020 – 31/12/2020 | 6.9 mio. | 1.9 mio. | 30.8 mio. | 12.1 mio. | 13 | |
| 201901/01/2019 – 31/12/2019 | 3.6 mio. | -765 t. | 28.3 mio. | 10.2 mio. | 14 | |
| 201801/01/2018 – 31/12/2018 | 5.7 mio. | 939 t. | 27.6 mio. | 10.9 mio. | 14 | |
| 201701/01/2017 – 31/12/2017 | 5.2 mio. | 957 t. | 28.1 mio. | 10 mio. | 13 | |
| 201601/01/2016 – 31/12/2016 | 5.1 mio. | 1.2 mio. | 23.2 mio. | 9 mio. | 12 | |
| 201501/01/2015 – 31/12/2015 | 5.9 mio. | 1.9 mio. | 20.1 mio. | 7.9 mio. | 10 | |
| 201401/01/2014 – 31/12/2014 | 5.3 mio. | 1.7 mio. | 18.9 mio. | 6 mio. | 9 | |
| 201301/01/2013 – 31/12/2013 | 3.7 mio. | 539 t. | 19.1 mio. | 4.3 mio. | - | |
| 201201/01/2012 – 31/12/2012 | 2.6 mio. | -238 t. | 17.6 mio. | 3.7 mio. | - |
Compared to 1.684 companies in Detailhandel med motorkøretøjer
Comparison is based on industry median values
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Set up monitoringMICHAELS AUTOMOBILER ApS was founded on 29 June 2004.
MICHAELS AUTOMOBILER ApS is registered under the industry Detailhandel med motorkøretøjer (industry code 478100).
MICHAELS AUTOMOBILER ApS had 16 employees in 2018 according to the Danish CVR register.
MICHAELS AUTOMOBILER ApS is owned by MICHAELS AUTOMOBILER HOLDING ApS.
In 2025, MICHAELS AUTOMOBILER ApS reported a gross profit of DKK 11,314,324.
The management of MICHAELS AUTOMOBILER ApS consists of Michael Østergaard Mathiasen.
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MICHAELS AUTOMOBILER ApS has published its annual report for 2025. Gross profit came to DKK 11,314,324, and the net result was DKK -2,910,733.
MICHAELS AUTOMOBILER ApS has published its annual report for 2024. Gross profit came to DKK 5,919,483, and the net result was DKK -5,925,433.
MICHAELS AUTOMOBILER ApS has published its annual report for 2023. Gross profit came to DKK 7,401,741, and the net result was DKK -942,015.
MICHAELS AUTOMOBILER ApS has published its annual report for 2022. Gross profit came to DKK 9,723,376, and the net result was DKK 1,935,652.
MICHAELS AUTOMOBILER ApS has published its annual report for 2021. Gross profit came to DKK 9,305,876, and the net result was DKK 2,925,357.
MICHAELS AUTOMOBILER ApS has published its annual report for 2020. Gross profit came to DKK 6,892,370, and the net result was DKK 1,926,517.
MICHAELS AUTOMOBILER ApS has published its annual report for 2019. Gross profit came to DKK 3,619,348, and the net result was DKK -765,134.
MICHAELS AUTOMOBILER ApS has published its annual report for 2018. Gross profit came to DKK 5,743,148, and the net result was DKK 939,072.
MICHAELS AUTOMOBILER ApS has published its annual report for 2017. Gross profit came to DKK 5,223,599, and the net result was DKK 956,778.
MICHAELS AUTOMOBILER ApS has published its annual report for 2016. Gross profit came to DKK 5,136,034, and the net result was DKK 1,150,593.
MICHAELS AUTOMOBILER ApS has published its annual report for 2015. Gross profit came to DKK 5,946,185, and the net result was DKK 1,930,345.
MICHAELS AUTOMOBILER ApS has published its annual report for 2014. Gross profit came to DKK 5,260,035, and the net result was DKK 1,685,560.
MICHAELS AUTOMOBILER ApS has published its annual report for 2013. Gross profit came to DKK 3,711,694, and the net result was DKK 538,969.
MICHAELS AUTOMOBILER ApS has published its annual report for 2012. Gross profit came to DKK 2,598,673, and the net result was DKK -237,804.
As of March 25, 2011, MICHAELS AUTOMOBILER HOLDING ApS is registered as an owner of MICHAELS AUTOMOBILER ApS with an ownership share of 100%.
As of October 10, 2009, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of MICHAELS AUTOMOBILER ApS.
As of October 10, 2009, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of MICHAELS AUTOMOBILER ApS.
As of June 29, 2004, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of MICHAELS AUTOMOBILER ApS.
As of June 29, 2004, Michael Østergaard Mathiasen is registered as director of MICHAELS AUTOMOBILER ApS.
MICHAELS AUTOMOBILER ApS was founded on June 29, 2004.
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