CVR 39008394Private limited company (ApS)Blandet landbrugsdrift (015000)GrindstedFounded 13 Oct 2017
CVR holds no employment figures for this company.
Dandex has recorded no changes to this company since it began following the register.
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about MSF Group ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexEmployees
130
Annual report 2025, average
Revenue
515.1M
DKK, annual report 2025
+0.7% on 2024
Result
+73.2M
DKK, annual report 2025
Equity
607.8M
DKK, annual report 2025
MLM Group A/SCVR 44300311, 50% to under 66.7% of capital, 66.7% to under 90% of votes, since 1 Sep 2023
FHM Group ApSCVR 39007908, 33.3% to under 50% of capital, 10% to under 15% of votes, since 13 Oct 2017
and 2 moreOperating company
Dandex estimate: revenue or gross profit in the 2025 reportMartin Lund Madsensince 13 Oct 2017
CVR 3900790833.3% to under 50% of capital, 10% to under 15% of votesclass B, Cnotified 1 May 2024since 13 Oct 2017
CVR 3900793210% to under 15% of capital and votesclass Cnotified 7 Jun 2023since 13 Oct 2017
CVR 391289695% to under 10% of capital and votesclass Cnotified 6 Dec 2017since 5 Dec 2017
CVR 4430031150% to under 66.7% of capital, 66.7% to under 90% of votesclass A, Bsince 1 Sep 2023
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 2969245966.7% to under 90% of capital and votesclass A, Bnotified 1 Sep 202313 Oct 2017 to 1 Sep 2023
CVR 4430030325% to under 33.3% of capitalclass Bnotified 1 May 20241 Sep 2023 to 1 May 2024
Ultimate controller
Holds 100% of capital and votes in MLM Group A/S, since 1 Sep 2023
Holding company
CVR 44300311Public limited company (A/S)
Holds 50% to under 66.7% of capital and 66.7% to under 90% of votes in MSF Group ApS, since 1 Sep 2023
This company
MSF Group ApS
CVR 39008394
13 Danish companies, which own 2 more one level down.
SubsidiaryCVR 28115458100% of capital and votes
SubsidiaryCVR 45897621100% of capital and votes
SubsidiaryCVR 41277378100% of capital and votes
SubsidiaryCVR 30502329100% of capital and votes
SubsidiaryCVR 75571615100% of capital and votes
SubsidiaryCVR 39518619100% of capital and votes
SubsidiaryCVR 44262185100% of capital and votes
SubsidiaryCVR 32884083100% of capital and votes
SubsidiaryCVR 32334547100% of capital and votes
SubsidiaryCVR 32334520100% of capital and votes
Subsidiary or joint ventureCVR 4586848650% to under 66.7% of capital and votes
SubsidiaryCVR 4430398166.7% to under 90% of capital and votes
CVR 4536317110% to under 15% of capital and votes
CVR 4456931033.3% to under 50% of capital and votes
CVR 4456980933.3% to under 50% of capital and votes
Found by searching the CVR owner register (ejerregister) for MSF Group ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.
CVR 4085988850% to under 66.7% of capital and votes1 Jan 2023 to 31 Jul 2025
CVR 3877934650% to under 66.7% of capital and votes1 Jan 2023 to 31 Jul 2025
CVR 29198950100% of capital and votes1 Jan 2022 to 12 May 2023
Decided by Dandex with fixed rules from the CVR register and the filed annual reports, not registered by the company. Each label links to its definition.
CVR records founders at incorporation. It does not record whether they are alive or still involved.
13 Oct 2017 to 10 Nov 2026.
13 Oct 2017 to 10 Nov 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Not reported | Not reported | 536,395 | 511,389 | 515,129 |
| Gross profit | -15 | -17 | Not reported | Not reported | Not reported |
| Operating profit | Not reported | Not reported | +109,753 | +63,213 | +110,520 |
| Result for the year | +60,320 | +79,780 | +74,027 | +23,544 | +73,166 |
| Equity | 235,566 | 321,718 | 435,735 | 468,495 | 607,801 |
| Total assets | 407,401 | 500,123 | 1,200,367 | 1,279,365 | 1,603,195 |
| Employees (average) | Not reported | 0 | 211,000 | 166 | 130 |
| Credit metrics (Dandex calculations) | |||||
| Revenue growth (omsætningsvækst) | Not reported | Not reported | -10.1% | -4.7% | 0.7% |
| EBIT margin (overskudsgrad) | Not reported | Not reported | 20.5% | 12.4% | 21.5% |
| EBITDA | Not reportednote 1 | Not reportednote 1 | 155,787 | 107,538 | 157,133 |
| EBITDA margin | Not reported | Not reported | 29% | 21% | 30.5% |
| Employee growth (vækst i antal ansatte) | Not reportednote 2 | n.m.note 3 | -13.9% | -21.3% | -21.7% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | 43 | 183 | 506,937 | 657,652 | 752,476 |
| Gearing, NIBD / EBITDA | Not reportednote 1 | Not reportednote 1 | 3.3x | 6.1x | 4.8x |
| Interest coverage (rentedækning) | 0xnote 4 | 0xnote 4 | 4.2x | 2.5x | 4.2x |
| Adjusted equity ratio (justeret soliditetsgrad) | 57.8%note 5 | 64.3%note 5 | 36.3%note 5 | 36.6%note 5 | 37.9%note 5 |
| ROIC (afkast af investeret kapital) | 0%note 6 | 0%note 6 | 10.3% | 3.7% | 7% |
| Capex (investeringer i anlægsaktiver) | Not reportednote 7 | Not reportednote 7 | 214,045note 8 | 152,767note 8 | 346,714note 8 |
| Capex % of sales (investeringer i procent af omsætningen) | Not reported | Not reported | 39.9%note 8 | 29.9%note 8 | 67.3%note 8 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | 70,227 | 177,695 | 556,379 | 681,162 | 791,669 |
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages. Gearing and interest coverage are multiples. Definitions. No cash flow statement: included in the group's (ÅRL § 86, stk. 4). Group figures (koncern).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 10 Jun 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 14 Mar 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 15 Mar 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 13 Mar 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 15 Mar 2022
Each registered value from the day it took effect, newest first.
From CVR, read 10 Nov 2026. Text such as the signing rule and purpose is shown as registered.
4 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Vedtægter ændret: 07.06.2023
Ny adresse: Lundhedevej 25A, Loft, 7200 Grindsted
Ny kommune: Billund
Bestyrelse:
Fratrådte:
Karin Elisabeth Hessel Madsen, den 07.03.2019.
Tiltrådte:
Simon Hessel Madsen, den 07.03.2019.
Stiftelsesdato: 13.10.2017.
Virkningsdato: 13.10.2017.
Seneste vedtægtsdato: 13.10.2017.
Kapital:
kr. 100.000,00.
Kapitalklasser: Nej
Indbetalingsmåde: Indbetalt kontant kr. 100.000,00 til kurs 100,00, fuldt indbetalt.
Stiftere:
CVR-NR. 29692459 MLM GROUP A/S, Hovedvej A1 26, Endrup, 6740 Bramming, den 13.10.2017, CVR-NR. 39007908 FHM Group ApS, Hovedvej A1 26, Endrup, 6740 Bramming, den 13.10.2017, CVR-NR. 39007932 SHM Group ApS, Hovedvej A1 26, Endrup, 6740 Bramming, den 13.10.2017.
Bestyrelse:
Frederik Hessel Madsen, den 13.10.2017, Karin Elisabeth Hessel Madsen, den 13.10.2017, Martin Lund Madsen, den 13.10.2017.
Direktion:
Martin Lund Madsen, den 13.10.2017.
Selskabet tegnes af direktionen eller af den samlede bestyrelse.
Revision:
CVR-NR. 33771231 PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, Stormgade 50, 6700 Esbjerg, den 13.10.2017.
Første regnskabsår:
13.10.2017 - 31.12.2017.
Regnskabsår:
01.01 - 31.12.
Formål:
Selskabets formål er via landbrugsselskaber at eje og drive jordbrug, svineproduktion og dermed beslægtet virksomhed
1 registered in CVR.
P-number 1022922358Lundhedevej 25, 7200 Grindsted
