CVR: 41385405
DKK 4,232,552
Gross profit
Net result: DKK -1,539,027
MTT HOLDING ApS, MAL Finans ApS
CVR · view ownership and management
Director role ended: Thomas Bo Thorsen
CVR · 27/03/2025
View the full event history
Square1 Nordic A/S is a Danish company of the type Aktieselskab based in Herfølge, founded in 2020. The company is registered under the industry Engroshandel med andre maskiner og andet udstyr. The management consists of Mikkel Engsbro. The company is owned by MTT HOLDING ApS and MAL Finans ApS. In 2025, the company reported a gross profit of DKK 4,232,552 and a net result of DKK -1,539,027 compared with DKK 2,217,186 the year before. Equity in the 2025 report amounted to DKK 7,822,200.
Source: annual report 2025, Danish Business Authority
Square1 Nordic A/S has shown a fluctuating financial trajectory since its inception in 2020, with notable improvements in gross profit but recent losses impacting profitability. In 2025, the company reported a gross profit of 4,232,552 DKK, although it incurred a loss of 1,539,027 DKK, indicating potential challenges in managing expenses or scaling operations effectively. Equity has generally increased, reaching 7,822,200 DKK in 2025, suggesting a solid capital base, but the lack of disclosed revenue raises concerns about overall market performance and sustainability. The company's position within the machinery and equipment wholesale industry remains uncertain, as it navigates profitability challenges while striving for growth.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive handel og industri samt 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 | 4.2 mio. | -1.5 mio. | 8.4 mio. | 7.8 mio. | 8 | |
| 202401/01/2024 – 31/12/2024 | 1.9 mio. | 2.2 mio. | 11 mio. | 9.4 mio. | 3 | |
| 202301/01/2023 – 31/12/2023 | 1.4 mio. | 2.5 mio. | 11.4 mio. | 7.6 mio. | 2 | |
| 202201/01/2022 – 31/12/2022 | 497 t. | 2.3 mio. | 9.8 mio. | 5.1 mio. | 2 | |
| 202101/01/2021 – 31/12/2021 | -11 t. | 595 t. | 3.5 mio. | 3.1 mio. | - | |
| 202001/01/2020 – 31/12/2020 | -17 t. | 673 t. | 2.9 mio. | 2.5 mio. | - |
Compared to 1.742 companies in Engroshandel med andre maskiner og andet udstyr
Comparison is based on industry median values
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Try the lead list generatorSquare1 Nordic A/S was founded on 25 May 2020.
Square1 Nordic A/S is registered under the industry Engroshandel med andre maskiner og andet udstyr (industry code 466400).
Square1 Nordic A/S is owned by MTT HOLDING ApS and MAL Finans ApS.
square1nordic.com belongs to Square1 Nordic A/S, CVR number 41385405.
In 2025, Square1 Nordic A/S reported a gross profit of DKK 4,232,552.
The management of Square1 Nordic A/S consists of Mikkel Engsbro.
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Square1 Nordic A/S has published its annual report for 2025. Gross profit came to DKK 4,232,552, and the net result was DKK -1,539,027.
Square1 Nordic A/S has published its annual report for 2024. Gross profit came to DKK 1,894,956, and the net result was DKK 2,217,186.
As of March 27, 2025, Marianne Thorsen has joined the board of directors of Square1 Nordic A/S.
As of March 27, 2025, Thomas Bo Thorsen has joined the board of directors of Square1 Nordic A/S.
As of March 27, 2025, Kim Skaarup has left the board of directors of Square1 Nordic A/S.
As of March 27, 2025, Gary Mark Griffiths has left the board of directors of Square1 Nordic A/S.
As of March 27, 2025, Thomas Bo Thorsen has stepped down as director of Square1 Nordic A/S.
Square1 Nordic A/S has published its annual report for 2023. Gross profit came to DKK 1,431,452, and the net result was DKK 2,457,187.
As of November 14, 2023, Beierholm Godkendt Revisionspartnerselskab has been appointed auditor of Square1 Nordic A/S.
As of November 14, 2023, Sønderup I/S, statsautoriserede revisorer has stepped down as auditor of Square1 Nordic A/S.
As of September 25, 2023, Kim Skaarup has joined the board of directors of Square1 Nordic A/S.
As of September 25, 2023, Gary Mark Griffiths has joined the board of directors of Square1 Nordic A/S.
As of September 25, 2023, Thomas Bo Thorsen is registered as director of Square1 Nordic A/S.
As of September 25, 2023, Mikkel Engsbro is registered as adm. dir. of Square1 Nordic A/S.
As of September 24, 2023, Kim Skaarup has left the board of directors of Square1 Nordic A/S.
As of September 24, 2023, Gary Mark Griffiths has left the board of directors of Square1 Nordic A/S.
As of September 24, 2023, Mikkel Engsbro has stepped down as director of Square1 Nordic A/S.
Square1 Nordic A/S has published its annual report for 2022. Gross profit came to DKK 497,410, and the net result was DKK 2,337,210.
As of March 28, 2023, MTT HOLDING ApS is registered as an owner of Square1 Nordic A/S with an ownership share of 50%.
As of March 28, 2023, MAL Finans ApS is registered as an owner of Square1 Nordic A/S with an ownership share of 50%.
As of September 5, 2022, Kim Skaarup has joined the board of directors of Square1 Nordic A/S.
As of September 5, 2022, Jørgen Frost has left the board of directors of Square1 Nordic A/S.
Square1 Nordic A/S has published its annual report for 2021. Gross profit came to DKK -10,697, and the net result was DKK 595,024.
Square1 Nordic A/S has published its annual report for 2020. Gross profit came to DKK -17,223, and the net result was DKK 673,125.
As of May 25, 2020, Sønderup I/S, statsautoriserede revisorer has been appointed auditor of Square1 Nordic A/S.
As of May 25, 2020, Jørgen Frost has joined the board of directors of Square1 Nordic A/S.
As of May 25, 2020, Mikkel Engsbro has joined the board of directors of Square1 Nordic A/S.
As of May 25, 2020, Gary Mark Griffiths has joined the board of directors of Square1 Nordic A/S.
As of May 25, 2020, Mikkel Engsbro is registered as director of Square1 Nordic A/S.
Square1 Nordic A/S was founded on May 25, 2020.
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