CVR: 27246141
Previous names: JOHN NØRGAARD ERHVERVSEJENDOMME A/S
DKK 1,019,009
Gross profit
Net result: DKK -495,387
START INVEST ApS, GH-Ejendomme ApS
CVR · view ownership and management
Owner registered: START INVEST ApS
CVR · 01/06/2026
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MA12 ApS is a Danish company of the type Anpartsselskab based in Aalborg, founded in 2003. The company is registered under the industry Udlejning af erhvervsejendomme. The company was previously named JOHN NØRGAARD ERHVERVSEJENDOMME A/S. The management consists of Ejner Andresen. The company is owned by START INVEST ApS and GH-Ejendomme ApS. The company has 3 employees (2018). In 2025, the company reported a gross profit of DKK 1,019,009 and a net result of DKK -495,387 compared with DKK -7,426 the year before. Equity in the 2025 report amounted to DKK 1,862,601.
Source: annual report 2025, Danish Business Authority
The financial health of MA12 ApS shows a concerning trend, with a significant decline in profitability over the past few years. Gross profit peaked at 2,560,465 DKK in 2023 but has since dropped to 1,019,009 DKK in 2025, while the company reported increasing losses, culminating in a profit of -495,387 DKK in 2025. Equity has also decreased from 9,181,842 DKK in 2021 to 1,862,601 DKK in 2025, indicating potential liquidity issues. The lack of disclosed revenue hampers a full assessment, but the declining gross profit and equity suggest that MA12 ApS may be struggling to maintain its position in the commercial real estate rental industry.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at udøve virksomhed med udlejning af erhvervsejendomme
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 | 1 mio. | -495 t. | 43.8 mio. | 1.9 mio. | 1 | |
| 202401/01/2024 – 31/12/2024 | 964 t. | -7 t. | 44.7 mio. | 2.4 mio. | 1 | |
| 202301/01/2023 – 31/12/2023 | 2.6 mio. | -2.1 mio. | 44.9 mio. | 2.4 mio. | 1 | |
| 202201/01/2022 – 31/12/2022 | 2.4 mio. | 234 t. | 48.9 mio. | 4.4 mio. | 1 | |
| 202101/01/2021 – 31/12/2021 | 2.1 mio. | 132 t. | 50 mio. | 9.2 mio. | 1 | |
| 202001/01/2020 – 31/12/2020 | 2.4 mio. | -1.6 mio. | 65.1 mio. | 9.1 mio. | 2 | |
| 201901/01/2019 – 31/12/2019 | 2.6 mio. | 4.7 mio. | 92.1 mio. | 30.2 mio. | 2 | |
| 201801/01/2018 – 31/12/2018 | 3.8 mio. | 6.5 mio. | 96.5 mio. | 26.6 mio. | 2 | |
| 201701/01/2017 – 31/12/2017 | 4.1 mio. | 1.2 mio. | 100.3 mio. | 20.6 mio. | 3 | |
| 201601/01/2016 – 31/12/2016 | 5.7 mio. | 751 t. | 120.2 mio. | 35.9 mio. | - | |
| 201501/01/2015 – 31/12/2015 | 5.2 mio. | 852 t. | 119.4 mio. | 37.6 mio. | - | |
| 201401/01/2014 – 31/12/2014 | 5.3 mio. | 2.7 mio. | 118.1 mio. | 38.2 mio. | - | |
| 201301/01/2013 – 31/12/2013 | 5.3 mio. | 4 mio. | 118 mio. | 37.1 mio. | - | |
| 201201/01/2012 – 31/12/2012 | 5.1 mio. | 3.3 mio. | 115.1 mio. | 33.1 mio. | - |
Compared to 18.877 companies in Udlejning af erhvervsejendomme
Comparison is based on industry median values
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Set up monitoringMA12 ApS was founded on 27 June 2003.
MA12 ApS is registered under the industry Udlejning af erhvervsejendomme (industry code 682040).
MA12 ApS had 3 employees in 2018 according to the Danish CVR register.
MA12 ApS is owned by START INVEST ApS and GH-Ejendomme ApS.
In 2025, MA12 ApS reported a gross profit of DKK 1,019,009.
The management of MA12 ApS consists of Ejner Andresen.
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MA12 ApS has published its annual report for 2025. Gross profit came to DKK 1,019,009, and the net result was DKK -495,387.
As of June 1, 2026, START INVEST ApS is registered as an owner of MA12 ApS with an ownership share of 50%.
MA12 ApS has published its annual report for 2024. Gross profit came to DKK 963,993, and the net result was DKK -7,426.
MA12 ApS has published its annual report for 2023. Gross profit came to DKK 2,560,465, and the net result was DKK -2,080,637.
MA12 ApS has published its annual report for 2022. Gross profit came to DKK 2,389,947, and the net result was DKK 234,037.
MA12 ApS has published its annual report for 2021. Gross profit came to DKK 2,053,821, and the net result was DKK 131,576.
As of June 2, 2022, REDMARK, GODKENDT REVISIONSPARTNERSELSKAB has stepped down as auditor of MA12 ApS.
As of December 21, 2021, GH-Ejendomme ApS is registered as an owner of MA12 ApS with an ownership share of 50%.
As of June 1, 2021, REDMARK, GODKENDT REVISIONSPARTNERSELSKAB has been appointed auditor of MA12 ApS.
As of June 1, 2021, A/S PSE 17 NR. 1056 has stepped down as auditor of MA12 ApS.
As of June 1, 2021, Niels Gustav Hedeager Andersen has joined the board of directors of MA12 ApS.
As of June 1, 2021, Marianne Kongsbak Andersen has joined the board of directors of MA12 ApS.
As of June 1, 2021, Ejner Andresen has joined the board of directors of MA12 ApS.
As of June 1, 2021, Niels Gustav Hedeager Andersen has left the board of directors of MA12 ApS.
As of June 1, 2021, John Nørgaard has left the board of directors of MA12 ApS.
As of June 1, 2021, Marianne Kongsbak Andersen has left the board of directors of MA12 ApS.
As of June 1, 2021, Ejner Andresen has left the board of directors of MA12 ApS.
As of June 1, 2021, Ingelise Nørgaard has left the board of directors of MA12 ApS.
As of June 1, 2021, Helle Fich Nørgaard has left the board of directors of MA12 ApS.
As of June 1, 2021, Martin Nørgaard has left the board of directors of MA12 ApS.
As of June 1, 2021, Ejner Andresen is registered as director of MA12 ApS.
As of June 1, 2021, John Nørgaard has stepped down as director of MA12 ApS.
On June 1, 2021, the company changed its name from JOHN NØRGAARD ERHVERVSEJENDOMME A/S to MA12 ApS.
MA12 ApS has published its annual report for 2020. Gross profit came to DKK 2,402,833, and the net result was DKK -1,557,680.
MA12 ApS has published its annual report for 2019. Gross profit came to DKK 2,594,527, and the net result was DKK 4,742,343.
MA12 ApS has published its annual report for 2018. Gross profit came to DKK 3,785,404, and the net result was DKK 6,549,079.
MA12 ApS has published its annual report for 2017. Gross profit came to DKK 4,127,952, and the net result was DKK 1,202,092.
MA12 ApS has published its annual report for 2016. Gross profit came to DKK 5,651,968, and the net result was DKK 751,251.
MA12 ApS has published its annual report for 2015. Gross profit came to DKK 5,227,899, and the net result was DKK 851,728.
MA12 ApS has published its annual report for 2014. Gross profit came to DKK 5,310,752, and the net result was DKK 2,710,563.
As of November 6, 2014, A/S PSE 17 NR. 1056 has been appointed auditor of MA12 ApS.
As of November 6, 2014, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of MA12 ApS.
MA12 ApS has published its annual report for 2013. Gross profit came to DKK 5,268,176, and the net result was DKK 4,022,232.
MA12 ApS has published its annual report for 2012. Gross profit came to DKK 5,067,540, and the net result was DKK 3,304,686.
As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of MA12 ApS.
As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of MA12 ApS.
As of September 20, 2009, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of MA12 ApS.
As of September 20, 2009, JUT NR. 2180 A/S has stepped down as auditor of MA12 ApS.
As of June 27, 2003, JUT NR. 2180 A/S has been appointed auditor of MA12 ApS.
As of June 27, 2003, John Nørgaard has joined the board of directors of MA12 ApS.
As of June 27, 2003, Ingelise Nørgaard has joined the board of directors of MA12 ApS.
As of June 27, 2003, Helle Fich Nørgaard has joined the board of directors of MA12 ApS.
As of June 27, 2003, Martin Nørgaard has joined the board of directors of MA12 ApS.
As of June 27, 2003, John Nørgaard is registered as director of MA12 ApS.
MA12 ApS was founded on June 27, 2003.
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