Mægbæk ApS

APSActive

CVR 44952874Mægbækvej 4, 7620 LemvigRaising of swine and pigs· NACE 0146Est. 2024 · 2 years old27 employees

Overview

Mægbæk ApS is a Danish APS based in Lemvig, operating in the Raising of swine and pigs sector. Incorporated in 2024, the company has 27 employees and reported a gross profit of DKK 25.7m in its latest annual filing.

Gross profit 2025

25.7M DKK

+3% vs 2024

EBITDA margin (of gross profit)

61.0 %

+47% vs 2024

Net profit 2025

5.6M DKK

+271% vs 2024

Key ratios

See full ratios →

35.9 %

Average

Around the average of companies in the same industry

20242025

1.7×

Strong

Among the 40% highest rated companies in the industry

20242025

1.9 %

Average

Around the average of companies in the same industry

20242025

EBITDA — year on year

DKK millions

Key figures

Annual report 2025

Gross profit	25.7M DKK	+3%
EBITDA	15.7M DKK	+47%
Net profit	5.6M DKK	+271%
Total assets	288M DKK	-8%
Equity	103.3M DKK	+6%
Employees	27	—

Financial development

In its most recent annual report (2025), Mægbæk ApS reported a gross profit of DKK 25.7m, an increase of 3% on the year before. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net profit of DKK 5.6m, and the EBITDA margin stood at 61%.

At the end of 2025, equity financed 35.9% of the balance sheet, and current assets covered short-term debt 1.7 times.

Financials

Gross profit

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2025	2024
Gross profit	25,742	25,052
Staff expenses	-10,080	-6,503
EBITDA	15,713	10,693
Depreciation & amort.	-2,346	-2,452
EBIT	13,367	8,241
Net financials	-6,002	-5,406
Profit before tax	7,365	2,835
Tax	1,779	1,327
Net profit	5,586	1,507

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2025	2024
Total assets	287,983	313,471
Equity	103,314	97,728
Long-term debt	160,021	162,539
Short-term debt	21,326	48,071
Total debt	181,347	210,610

Financial ratios

5-year trend

EBITDA margin (of gross profit)

61.0 %

20242025

Equity ratio

35.9 %

Average

Around the average of companies in the same industry

20242025

Return on equity

5.4 %

Average

Around the average of companies in the same industry

20242025

Net profit margin (of gross profit)

21.7 %

20242025

Asset turnover (of gross profit)

0.09×

20242025

Debt / equity

1.79×

Weak

Among the 40% lowest rated companies in the industry

20242025

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 40% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 40% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioStrong

Among the 40% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 40% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 30% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 40% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
HL Holger Lundgaard Madsen Management	Management	2024

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Anders Lundgaard Madsen	Individual	33.33–49.99%	33.33–49.99%	2025
Holger Lundgaard Madsen	Individual	33.33–49.99%	33.33–49.99%	2025
Christian Lundgaard Poulsen	Individual	33.33–49.99%	33.33–49.99%	2025

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Mægbæk ApS also hold positions in 12 other companies.

Person	Role here	Other companies
Holger Lundgaard Madsen	Management	12 companiesMany roles

Frequently asked questions

What is the CVR number of Mægbæk ApS?

Mægbæk ApS is registered with CVR / Virk under CVR 44952874.

What is the gross profit of Mægbæk ApS?

Mægbæk ApS reported a gross profit of DKK 25.7m in 2025.

How many employees does Mægbæk ApS have?

Mægbæk ApS employs 27 people as of the latest annual report.

Where is Mægbæk ApS headquartered?

Mægbæk ApS's registered address is Mægbækvej 4.