Owners, management and financials
CVR: 36535458
DKK 5,850,725
Gross profit
Net result: DKK -2,237,206
M. ZIEGLER HOLDING ApS (50-66,65%), Hannemor ApS (20-24,99%)
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CVR · view owners
Mads Ziegler Nielsen
Board: Anders Marcus (chair) and 2 members
CVR · view management
Active
Founded 26 January 2015
CVR · view overview
8 employees
CVR · 2018
Owner registered: Hannemor ApS
CVR · 24/05/2022
View the full event history
Mads Z A/S is a Danish company of the type Aktieselskab based in Odense S, founded in 2015. The company is registered under the industry Engroshandel med ure og smykker. The management consists of Mads Ziegler Nielsen. The board consists of Anders Marcus (chair), Mads Ziegler Nielsen and Peter Krogsgaard Jørgensen. The company is owned by M. ZIEGLER HOLDING ApS, Hannemor ApS and Marcus Kapital ApS. The company has 8 employees (2018). In 2025, the company reported a gross profit of DKK 5,850,725 and a net result of DKK -2,237,206 compared with DKK -207,249 the year before. Equity in the 2025 report amounted to DKK 6,675,491.
Source: annual report 2025, Danish Business Authority
The financial health of Mads Z A/S shows a concerning trend, with profitability declining significantly over the past few years. Gross profit decreased from 10,640,795 DKK in 2021 to 5,850,725 DKK in 2025, while the company reported a loss of 2,237,206 DKK in the latest fiscal year. Equity has also diminished from a peak of 9,331,709 DKK in 2022 to 6,675,491 DKK in 2025, indicating potential challenges in maintaining financial stability. Despite these issues, the company has maintained a presence in the wholesale jewelry and watch industry, but its declining margins and profitability raise concerns about its competitive position moving forward.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at drive engrosvirksomhed.
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 | 5.9 mio. | -2.2 mio. | 25.7 mio. | 6.7 mio. | 13 | |
| 202401/01/2024 – 31/12/2024 | 7.4 mio. | -207 t. | 26.7 mio. | 8.9 mio. | 12 | |
| 202301/01/2023 – 31/12/2023 | 8 mio. | 788 t. | 25.3 mio. | 9.1 mio. | 11 | |
| 202201/01/2022 – 31/12/2022 | 9.1 mio. | 2.6 mio. | 24.2 mio. | 9.3 mio. | 11 | |
| 202101/01/2021 – 31/12/2021 | 10.6 mio. | 4 mio. | 21.4 mio. | 7.9 mio. | 9 | |
| 202001/01/2020 – 31/12/2020 | 6.1 mio. | 1.5 mio. | 14 mio. | 3.7 mio. | 7 | |
| 201901/01/2019 – 31/12/2019 | 4.8 mio. | 803 t. | 11.7 mio. | 2.2 mio. | 7 | |
| 201801/01/2018 – 31/12/2018 | 3.7 mio. | 1.4 mio. | 9.7 mio. | 1.4 mio. | 6 | |
| 201701/01/2017 – 31/12/2017 | 2.2 mio. | -1.3 mio. | 7.5 mio. | 17 t. | 6 | |
| 201601/01/2016 – 31/12/2016 | 762 t. | -3.1 mio. | 9.1 mio. | 1.4 mio. | 6 | |
| 201526/01/2015 – 31/12/2015 | - | -638 t. | 10.8 mio. | 4.6 mio. | - |
Compared to 150 companies in Engroshandel med ure og smykker
Comparison is based on industry median values
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See the API documentationThe CVR number of Mads Z A/S is 36535458.
Mads Z A/S is owned by M. ZIEGLER HOLDING ApS, Hannemor ApS and Marcus Kapital ApS.
The management of Mads Z A/S consists of Mads Ziegler Nielsen.
The board of Mads Z A/S consists of Anders Marcus, Mads Ziegler Nielsen and Peter Krogsgaard Jørgensen, with Anders Marcus as chair.
In 2025, Mads Z A/S reported a gross profit of DKK 5,850,725.
Mads Z A/S had 8 employees in 2018 according to the Danish CVR register.
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Mads Z A/S has published its annual report for 2025. Gross profit came to DKK 5,850,725, and the net result was DKK -2,237,206.
Mads Z A/S has published its annual report for 2024. Gross profit came to DKK 7,353,015, and the net result was DKK -207,249.
Mads Z A/S has published its annual report for 2023. Gross profit came to DKK 8,037,726, and the net result was DKK 788,237.
Mads Z A/S has published its annual report for 2022. Gross profit came to DKK 9,061,270, and the net result was DKK 2,648,496.
As of May 24, 2022, Hannemor ApS is registered as an owner of Mads Z A/S with an ownership share of 20%.
As of May 24, 2022, Marcus Kapital ApS is registered as an owner of Mads Z A/S with an ownership share of 20%.
Mads Z A/S has published its annual report for 2021. Gross profit came to DKK 10,640,795, and the net result was DKK 3,991,447.
Mads Z A/S has published its annual report for 2020. Gross profit came to DKK 6,125,445, and the net result was DKK 1,509,898.
Mads Z A/S has published its annual report for 2019. Gross profit came to DKK 4,838,299, and the net result was DKK 803,092.
Mads Z A/S has published its annual report for 2018. Gross profit came to DKK 3,728,002, and the net result was DKK 1,355,688.
As of October 22, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Mads Z A/S.
As of October 22, 2018, EY Godkendt Revisionspartnerselskab has stepped down as auditor of Mads Z A/S.
Mads Z A/S has published its annual report for 2017. Gross profit came to DKK 2,187,033, and the net result was DKK -1,263,646.
As of April 17, 2018, Mads Ziegler Nielsen is registered as director of Mads Z A/S.
As of April 17, 2018, Peter Krogsgaard Jørgensen has stepped down as director of Mads Z A/S.
As of April 17, 2018, M. ZIEGLER HOLDING ApS is registered as an owner of Mads Z A/S with an ownership share of 50%.
Mads Z A/S has published its annual report for 2016. Gross profit came to DKK 761,892, and the net result was DKK -3,081,497.
Mads Z A/S has published its annual report for 2015. The net result was DKK -637,723.
As of November 24, 2015, EY Godkendt Revisionspartnerselskab has been appointed auditor of Mads Z A/S.
As of November 24, 2015, BDO Holding VII, statsautoriseret revisionsaktieselskab has stepped down as auditor of Mads Z A/S.
As of March 9, 2015, Mads Ziegler Nielsen has joined the board of directors of Mads Z A/S.
As of March 9, 2015, Anders Marcus has joined the board of directors of Mads Z A/S.
As of March 9, 2015, Peter Krogsgaard Jørgensen has joined the board of directors of Mads Z A/S.
As of January 26, 2015, BDO Holding VII, statsautoriseret revisionsaktieselskab has been appointed auditor of Mads Z A/S.
As of January 26, 2015, Peter Krogsgaard Jørgensen is registered as director of Mads Z A/S.
Mads Z A/S was founded on January 26, 2015.
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