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MT Højgaard Property Development A/S

CVR: 35865829

Growing 309% p.a.Small companyWell-established (12 yrs)Loss-making

Secondary names: MT Højgaard Projektudvikling A/S

Previous names: GFJUS 8723 ApS, BIRKEKÆR/TEGLVÆNGET, ROSKILDE ApS, MT Højgaard Projektudvikling A/S

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About MT Højgaard Property Development A/S

MT Højgaard Property Development A/S is a Danish company of the type Aktieselskab based in Søborg, founded in 2014. The company is registered under the industry Gennemførelse af byggeprojekter. The company was previously named MT Højgaard Projektudvikling A/S and BIRKEKÆR/TEGLVÆNGET, ROSKILDE ApS. The management consists of Carsten Elbrønd Nielsen. The company is owned by MT Højgaard Danmark A/S. In 2025, the company reported revenue of DKK 264,046,000 and a net result of DKK -14,578,000 compared with DKK 14,970,000 the year before. Equity amounted to DKK 109,209,000.

The financial health of MT Højgaard Property Development A/S shows volatility, with a notable decline in profitability in 2025, reporting a loss of 14.6 million DKK despite a revenue of 264 million DKK. Revenue peaked in 2024 at 323 million DKK, but the subsequent drop indicates potential challenges in maintaining growth. Equity has fluctuated, ending at 109 million DKK in 2025, suggesting a relatively stable position but with concerns about profit margins and operational efficiency. As a player in the construction project execution industry, the company's recent performance highlights the need for strategic adjustments to enhance profitability and stabilize revenue streams.

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Overview

Company type
A/S
Aktieselskab
Address
Knud Højgaards Vej 7, 2860 Søborg
GLADSAXE
2860 Søborg
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Founded
4.6.2014

Details

Industry
Gennemførelse af byggeprojekter
Code: 681200
Capital
1.000.000 kr.

Contact

Phone
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Email
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Purpose

Selskabets formål er at drive virksomhed med projektudvikling, herunder gennemførelse af byggeprojekter og anden i forbindelse hermed stående virksomhed.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2025264 mio.-14.6 mio.348 mio.109.2 mio.10
2024323.5 mio.15 mio.506.9 mio.123.7 mio.29
2023330.2 mio.6 mio.561.9 mio.108.6 mio.32
2022288.5 mio.23.4 mio.831.6 mio.102.7 mio.31
2021180.6 mio.-15 mio.573.7 mio.79.2 mio.26
2020--515850 t.499 t.0
2019--252 t.394 t.29 t.-
20180-508 t.259 t.81 t.-
201781.7 mio.-109 t.2.2 mio.589 t.-
201640.8 mio.-893 t.52.6 mio.698 t.-
2015200-697 t.27.2 mio.1.6 mio.-

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Industry Benchmarks

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Compared to 1.781 companies in Gennemførelse af byggeprojekter

Revenue
Company264.0 mio.
Industry median953 t.
277.0x
Profit margin
Company-5.5%
Industry median46.0%
100% below
Employees
Company10
Industry median2
5.0x
Equity ratio
Company31.4%
Industry median37.0%
About average

Comparison is based on industry median values

Ownership

Owners
MT Højgaard Danmark A/S
CVR: 12562233
100%
MT Højgaard Property Development A/S
CVR: 35865829
Subsidiaries
HORSENSVEJ, VEJLE ApS
CVR: 35865853(active)
100%
MTH Projekt 5 ApS
CVR: 36918225(active)
100%
Mosevej 17, Risskov ApS
CVR: 36918438(active)
100%

Properties

(2)· 54 historic

2 properties

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Property report (PDF)

The entire property portfolio in one report: areas, usage, energy labels, flood exposure and planning status.

Management

Directors

Carsten Elbrønd Nielsen(DIREKTØR)

Board

Niels Holm Mikkelsen(FORMAND)
Carsten Elbrønd Nielsen(BESTYRELSESMEDLEM)
Hoang Bao Pedersen-Nguyen(BESTYRELSESMEDLEM)

PEP screening

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Founders

GORRISSEN FEDERSPIEL KOMPLEMENTAR ADVOKATANPARTSSELSKAB

Production units (3)

MT Højgaard Property Development A/S
P-no: 1019440776
Knud Højgaards Vej 7, 2860, Søborg
Gennemførelse af byggeprojekter
MT Højgaard Property Development A/S
P-no: 1027276977
Mosevej 3B, 8240, Risskov
Gennemførelse af byggeprojekter

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History

74 events
2026
MT Højgaard Property Development A/S: The 2025 annual report is outMar 24, 2026

MT Højgaard Property Development A/S has published its annual report for 2025. Revenue came to DKK 264,046,000, and the net result was DKK -14,578,000.

MT Højgaard Property Development A/S updates contact informationMar 4, 2026

Contact info changed: new phone: 70122400, new email: [email protected] (March 4, 2026).

MT Højgaard Property Development A/S updates contact informationMar 3, 2026

Contact info changed: new phone: 70122400, new email: [email protected] (March 3, 2026).

Niels Holm Mikkelsen joins the board of MT Højgaard Property Development A/SMar 3, 2026

As of March 3, 2026, Niels Holm Mikkelsen has joined the board of directors of MT Højgaard Property Development A/S.

Carsten Lund leaves the board of MT Højgaard Property Development A/SMar 3, 2026

As of March 3, 2026, Carsten Lund has left the board of directors of MT Højgaard Property Development A/S.

2025
Carsten Elbrønd Nielsen joins MT Højgaard Property Development A/S as directorMay 1, 2025

As of May 1, 2025, Carsten Elbrønd Nielsen is registered as director of MT Højgaard Property Development A/S.

Mads Bøgelund Lauritzen steps down as director of MT Højgaard Property Development A/SMay 1, 2025

As of May 1, 2025, Mads Bøgelund Lauritzen has stepped down as director of MT Højgaard Property Development A/S.

Carsten Lund joins the board of MT Højgaard Property Development A/SApr 2, 2025

As of April 2, 2025, Carsten Lund has joined the board of directors of MT Højgaard Property Development A/S.

Carsten Elbrønd Nielsen joins the board of MT Højgaard Property Development A/SApr 2, 2025

As of April 2, 2025, Carsten Elbrønd Nielsen has joined the board of directors of MT Højgaard Property Development A/S.

Hoang Bao Pedersen-Nguyen joins the board of MT Højgaard Property Development A/SApr 2, 2025

As of April 2, 2025, Hoang Bao Pedersen-Nguyen has joined the board of directors of MT Højgaard Property Development A/S.

Morten Hansen leaves the board of MT Højgaard Property Development A/SApr 2, 2025

As of April 2, 2025, Morten Hansen has left the board of directors of MT Højgaard Property Development A/S.

Rasmus Untidt leaves the board of MT Højgaard Property Development A/SApr 2, 2025

As of April 2, 2025, Rasmus Untidt has left the board of directors of MT Højgaard Property Development A/S.

Dennis Nørgaard leaves the board of MT Højgaard Property Development A/SApr 2, 2025

As of April 2, 2025, Dennis Nørgaard has left the board of directors of MT Højgaard Property Development A/S.

MT Højgaard Danmark A/S registered as owner of MT Højgaard Property Development A/SApr 1, 2025

As of April 1, 2025, MT Højgaard Danmark A/S is registered as an owner of MT Højgaard Property Development A/S with an ownership share of 100%.

MT Højgaard Property Development A/S: The 2024 annual report is outMar 26, 2025

MT Højgaard Property Development A/S has published its annual report for 2024. Revenue came to DKK 323,472,000, and the net result was DKK 14,970,000.

2024
Rasmus Untidt joins the board of MT Højgaard Property Development A/SSep 25, 2024

As of September 25, 2024, Rasmus Untidt has joined the board of directors of MT Højgaard Property Development A/S.

Dennis Nørgaard joins the board of MT Højgaard Property Development A/SSep 25, 2024

As of September 25, 2024, Dennis Nørgaard has joined the board of directors of MT Højgaard Property Development A/S.

Steffen Martin Baungaard leaves the board of MT Højgaard Property Development A/SSep 25, 2024

As of September 25, 2024, Steffen Martin Baungaard has left the board of directors of MT Højgaard Property Development A/S.

Rasmus Untidt leaves the board of MT Højgaard Property Development A/SSep 24, 2024

As of September 24, 2024, Rasmus Untidt has left the board of directors of MT Højgaard Property Development A/S.

MT Højgaard Property Development A/S: The 2023 annual report is outApr 4, 2024

MT Højgaard Property Development A/S has published its annual report for 2023. Revenue came to DKK 330,183,000, and the net result was DKK 5,957,000.

2023
Steffen Martin Baungaard joins the board of MT Højgaard Property Development A/SDec 6, 2023

As of December 6, 2023, Steffen Martin Baungaard has joined the board of directors of MT Højgaard Property Development A/S.

Henrik Mielke leaves the board of MT Højgaard Property Development A/SDec 6, 2023

As of December 6, 2023, Henrik Mielke has left the board of directors of MT Højgaard Property Development A/S.

MT Højgaard Property Development A/S: The 2022 annual report is outMar 24, 2023

MT Højgaard Property Development A/S has published its annual report for 2022. Revenue came to DKK 288,515,000, and the net result was DKK 23,445,000.

Martin Stig Solberg leaves the board of MT Højgaard Property Development A/SJan 4, 2023

As of January 4, 2023, Martin Stig Solberg has left the board of directors of MT Højgaard Property Development A/S.

2022
MT Højgaard Projektudvikling A/S changes name to MT Højgaard Property Development A/SNov 17, 2022

On November 17, 2022, the company changed its name from MT Højgaard Projektudvikling A/S to MT Højgaard Property Development A/S.

Mads Bøgelund Lauritzen joins MT Højgaard Property Development A/S as directorOct 1, 2022

As of October 1, 2022, Mads Bøgelund Lauritzen is registered as director of MT Højgaard Property Development A/S.

Erik Nielsen steps down as director of MT Højgaard Property Development A/SSep 30, 2022

As of September 30, 2022, Erik Nielsen has stepped down as director of MT Højgaard Property Development A/S.

MT Højgaard Property Development A/S: The 2021 annual report is outJul 7, 2022

MT Højgaard Property Development A/S has published its annual report for 2021. Revenue came to DKK 180,620,000, and the net result was DKK -14,954,069.

Morten Hansen joins the board of MT Højgaard Property Development A/SApr 13, 2022

As of April 13, 2022, Morten Hansen has joined the board of directors of MT Højgaard Property Development A/S.

Henrik Mielke joins the board of MT Højgaard Property Development A/SApr 13, 2022

As of April 13, 2022, Henrik Mielke has joined the board of directors of MT Højgaard Property Development A/S.

Morten Hansen leaves the board of MT Højgaard Property Development A/SApr 12, 2022

As of April 12, 2022, Morten Hansen has left the board of directors of MT Højgaard Property Development A/S.

2021
Morten Hansen joins the board of MT Højgaard Property Development A/SSep 10, 2021

As of September 10, 2021, Morten Hansen has joined the board of directors of MT Højgaard Property Development A/S.

Martin Stig Solberg joins the board of MT Højgaard Property Development A/SSep 10, 2021

As of September 10, 2021, Martin Stig Solberg has joined the board of directors of MT Højgaard Property Development A/S.

Erik Nielsen joins MT Højgaard Property Development A/S as directorSep 10, 2021

As of September 10, 2021, Erik Nielsen is registered as director of MT Højgaard Property Development A/S.

Morten Hansen leaves the board of MT Højgaard Property Development A/SSep 9, 2021

As of September 9, 2021, Morten Hansen has left the board of directors of MT Højgaard Property Development A/S.

Martin Stig Solberg leaves the board of MT Højgaard Property Development A/SSep 9, 2021

As of September 9, 2021, Martin Stig Solberg has left the board of directors of MT Højgaard Property Development A/S.

Morten Hansen steps down as director of MT Højgaard Property Development A/SSep 9, 2021

As of September 9, 2021, Morten Hansen has stepped down as director of MT Højgaard Property Development A/S.

MT Højgaard Property Development A/S: The 2020 annual report is outJul 8, 2021

MT Højgaard Property Development A/S has published its annual report for 2020. Gross profit came to DKK 0, and the net result was DKK -515.

2020
Morten Hansen joins the board of MT Højgaard Property Development A/SNov 26, 2020

As of November 26, 2020, Morten Hansen has joined the board of directors of MT Højgaard Property Development A/S.

Martin Stig Solberg joins the board of MT Højgaard Property Development A/SNov 26, 2020

As of November 26, 2020, Martin Stig Solberg has joined the board of directors of MT Højgaard Property Development A/S.

Rasmus Untidt joins the board of MT Højgaard Property Development A/SNov 26, 2020

As of November 26, 2020, Rasmus Untidt has joined the board of directors of MT Højgaard Property Development A/S.

Morten Hansen joins MT Højgaard Property Development A/S as directorNov 26, 2020

As of November 26, 2020, Morten Hansen is registered as director of MT Højgaard Property Development A/S.

Martin Stig Solberg steps down as director of MT Højgaard Property Development A/SNov 26, 2020

As of November 26, 2020, Martin Stig Solberg has stepped down as director of MT Højgaard Property Development A/S.

BIRKEKÆR/TEGLVÆNGET, ROSKILDE ApS changes name to MT Højgaard Projektudvikling A/SNov 26, 2020

On November 26, 2020, the company changed its name from BIRKEKÆR/TEGLVÆNGET, ROSKILDE ApS to MT Højgaard Projektudvikling A/S.

Morten Hansen steps down as director of MT Højgaard Property Development A/SNov 25, 2020

As of November 25, 2020, Morten Hansen has stepped down as director of MT Højgaard Property Development A/S.

MT Højgaard Property Development A/S: The 2019 annual report is outMar 11, 2020

MT Højgaard Property Development A/S has published its annual report for 2019. Gross profit came to DKK -200,000, and the net result was DKK -252,203.

2019
Morten Hansen joins MT Højgaard Property Development A/S as directorNov 19, 2019

As of November 19, 2019, Morten Hansen is registered as director of MT Højgaard Property Development A/S.

Anders Heine Jensen steps down as director of MT Højgaard Property Development A/SNov 19, 2019

As of November 19, 2019, Anders Heine Jensen has stepped down as director of MT Højgaard Property Development A/S.

Martin Stig Solberg joins MT Højgaard Property Development A/S as directorJun 17, 2019

As of June 17, 2019, Martin Stig Solberg is registered as director of MT Højgaard Property Development A/S.

Egil Mølsted Madsen steps down as director of MT Højgaard Property Development A/SJun 17, 2019

As of June 17, 2019, Egil Mølsted Madsen has stepped down as director of MT Højgaard Property Development A/S.

MT Højgaard Property Development A/S: The 2018 annual report is outFeb 7, 2019

MT Højgaard Property Development A/S has published its annual report for 2018. Revenue came to DKK 0, and the net result was DKK -507,848.

2018
Anders Heine Jensen joins MT Højgaard Property Development A/S as directorNov 20, 2018

As of November 20, 2018, Anders Heine Jensen is registered as director of MT Højgaard Property Development A/S.

Jørgen Enegaard Nicolajsen steps down as director of MT Højgaard Property Development A/SNov 20, 2018

As of November 20, 2018, Jørgen Enegaard Nicolajsen has stepped down as director of MT Højgaard Property Development A/S.

Jørgen Enegaard Nicolajsen joins MT Højgaard Property Development A/S as directorAug 16, 2018

As of August 16, 2018, Jørgen Enegaard Nicolajsen is registered as director of MT Højgaard Property Development A/S.

Torben Biilmann steps down as director of MT Højgaard Property Development A/SAug 16, 2018

As of August 16, 2018, Torben Biilmann has stepped down as director of MT Højgaard Property Development A/S.

MT Højgaard Property Development A/S: The 2017 annual report is outJan 29, 2018

MT Højgaard Property Development A/S has published its annual report for 2017. Revenue came to DKK 81,706,000, and the net result was DKK -109,395.

2017
MT Højgaard Property Development A/S: The 2016 annual report is outMar 22, 2017

MT Højgaard Property Development A/S has published its annual report for 2016. Revenue came to DKK 40,811,400, and the net result was DKK -892,760.

2016
MT Højgaard Property Development A/S: The 2015 annual report is outApr 4, 2016

MT Højgaard Property Development A/S has published its annual report for 2015. Revenue came to DKK 200, and the net result was DKK -696,567.

2015
MT Højgaard Property Development A/S publishes interim reportMar 30, 2015

MT Højgaard Property Development A/S has published its interim report for the period June 4, 2014 – December 31, 2014.

2014
MT Højgaard Property Development A/S appoints new auditorJun 6, 2014

As of June 6, 2014, EY Godkendt Revisionspartnerselskab has been appointed auditor of MT Højgaard Property Development A/S.

Auditor steps down at MT Højgaard Property Development A/SJun 6, 2014

As of June 6, 2014, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of MT Højgaard Property Development A/S.

Klaus Søgaard leaves the board of MT Højgaard Property Development A/SJun 6, 2014

As of June 6, 2014, Klaus Søgaard has left the board of directors of MT Højgaard Property Development A/S.

Jens Jakob Skaadstrup Andersen leaves the board of MT Højgaard Property Development A/SJun 6, 2014

As of June 6, 2014, Jens Jakob Skaadstrup Andersen has left the board of directors of MT Højgaard Property Development A/S.

Anders Ørjan Jensen leaves the board of MT Højgaard Property Development A/SJun 6, 2014

As of June 6, 2014, Anders Ørjan Jensen has left the board of directors of MT Højgaard Property Development A/S.

Egil Mølsted Madsen joins MT Højgaard Property Development A/S as directorJun 6, 2014

As of June 6, 2014, Egil Mølsted Madsen is registered as director of MT Højgaard Property Development A/S.

Torben Biilmann joins MT Højgaard Property Development A/S as directorJun 6, 2014

As of June 6, 2014, Torben Biilmann is registered as director of MT Højgaard Property Development A/S.

Klaus Søgaard steps down as director of MT Højgaard Property Development A/SJun 6, 2014

As of June 6, 2014, Klaus Søgaard has stepped down as director of MT Højgaard Property Development A/S.

GFJUS 8723 ApS changes name to BIRKEKÆR/TEGLVÆNGET, ROSKILDE ApSJun 6, 2014

On June 6, 2014, the company changed its name from GFJUS 8723 ApS to BIRKEKÆR/TEGLVÆNGET, ROSKILDE ApS.

MT Højgaard Property Development A/S appoints new auditorJun 4, 2014

As of June 4, 2014, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of MT Højgaard Property Development A/S.

Klaus Søgaard joins the board of MT Højgaard Property Development A/SJun 4, 2014

As of June 4, 2014, Klaus Søgaard has joined the board of directors of MT Højgaard Property Development A/S.

Jens Jakob Skaadstrup Andersen joins the board of MT Højgaard Property Development A/SJun 4, 2014

As of June 4, 2014, Jens Jakob Skaadstrup Andersen has joined the board of directors of MT Højgaard Property Development A/S.

Anders Ørjan Jensen joins the board of MT Højgaard Property Development A/SJun 4, 2014

As of June 4, 2014, Anders Ørjan Jensen has joined the board of directors of MT Højgaard Property Development A/S.

Klaus Søgaard joins MT Højgaard Property Development A/S as directorJun 4, 2014

As of June 4, 2014, Klaus Søgaard is registered as director of MT Højgaard Property Development A/S.

MT Højgaard Property Development A/S is foundedJun 4, 2014

MT Højgaard Property Development A/S was founded on June 4, 2014.

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