M+ III A/S

CVR 43435108Public limited company (A/S)Ikke-finansielle holdingselskaber (642120)HorsensFounded 10 Aug 2022

Employees

CVR registry, 2023

Gross profit

63.4K

DKK, annual report 2025

+808% on 2024

Result

+99.1M

DKK, annual report 2025

Equity

1.3B

DKK, annual report 2025

Ownership

People

Network

Financials

Changes

Dandex has recorded no changes to this company since it began following the register.

Registration

Address: Rosenkrantzvej 2
8700 Horsens
Horsens Municipality
CVR record last changed: 13 Jan 2026
Data read: 31 Oct 2026

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.

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Dandex is Danish company data. Connect it once and ask about M+ III A/S, 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.

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Ownership

People

Financials

M+ III A/S

CVR 43435108Public limited company (A/S)Ikke-finansielle holdingselskaber (642120)HorsensFounded 10 Aug 2022

Employees

CVR registry, 2023

Gross profit

63.4K

DKK, annual report 2025

+808% on 2024

Result

+99.1M

DKK, annual report 2025

Equity

1.3B

DKK, annual report 2025

Who Is Behind It

Owners

B.A.M. A/SCVR 43554387, 66.7% to under 90% of capital and votes, since 1 Oct 2022

R+F A/SCVR 43646036, 20% to under 25% of capital and votes, since 1 Nov 2022

Ultimate controller

Bettina Antitsch Mortensenthrough B.A.M. A/S, a Dandex estimate

Director

Claus Porsgaardsince 10 Aug 2022

Ownership

B.A.M. A/S
CVR 4355438766.7% to under 90% of capital and votessince 1 Oct 2022
R+F A/S
CVR 4364603620% to under 25% of capital and votessince 1 Nov 2022

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Former owners (2)

M+ Invest ApS
CVR 21188840100% of capital and votes10 Aug 2022 to 1 Oct 2022
FRB NewCo ApS
CVR 4355439533.3% to under 50% of capital and votes1 Oct 2022 to 1 Nov 2022

Control Chain

Ultimate controller
Bettina Antitsch Mortensen
Holds 100% of capital and votes in M+ Invest A/S, since 20 Dec 2022
Capital100%
Votes100%
Holding company
M+ Invest A/S
CVR 43724320Public limited company (A/S)
Holds 90% to under 100% of capital and 50% to under 66.7% of votes in B.A.M. A/S, since 20 Dec 2022
Capital90% to under 100%
Votes50% to under 66.7%
Holding company
B.A.M. A/S
CVR 43554387Public limited company (A/S)
Holds 66.7% to under 90% of capital and votes in M+ III A/S, since 1 Oct 2022
Capital66.7% to under 90%
Votes66.7% to under 90%
This company
M+ III A/S
CVR 43435108

Each holds the one below it. Control follows votes: an owner with 50% or more controls. Each bar shows the registered band, solid to its lower bound and faint across the range CVR records, with a mark at 50%. Dandex estimate, computed 31 Oct 2026.

Owned Companies

17 Danish companies, which own 34 more one level down.

EJENDOMSSELSKABET AF 14. JUNI 2013 A/S
SubsidiaryCVR 53694217100% of capital and votes
Fix my car A/S
SubsidiaryCVR 40600590100% of capital and votes
Folkli ApS
SubsidiaryCVR 43008277100% of capital and votes
M+ Ejendomme A/S
SubsidiaryCVR 10054672100% of capital and votes
- EXXIT 59 A/S
  SubsidiaryCVR 12378505100% of capital and votes
- HAVNETREKANTEN A/S
  SubsidiaryCVR 29934584100% of capital and votes
- Løsningvej 30 ApS
  SubsidiaryCVR 42852872100% of capital and votes
- Parkeringshuset Levysgade ApS
  SubsidiaryCVR 35393986100% of capital and votes
- Redebyg ApS
  SubsidiaryCVR 40239596100% of capital and votes
- And 2 more, listed on the page of M+ Ejendomme A/S.
M+ IV A/S
SubsidiaryCVR 43523759100% of capital and votes
- CC II APCIV K/S
  CVR 401691995% to under 10% of capital and votes
M+ Udvikling A/S
SubsidiaryCVR 45389766100% of capital and votes
MM Family ApS
SubsidiaryCVR 3915936810% to under 15% of capital and 100% of votes
- M+ PH I A/S
  CVR 3916009910% to under 15% of capital
- M+ PH II A/S
  CVR 4158541210% to under 15% of capital
WON HOLDING ApS
SubsidiaryCVR 3387790066.7% to under 90% of capital and votes
- W H ApS
  SubsidiaryCVR 27759491100% of capital and votes
Anpartsselskabet af 1. juli 2013
Subsidiary or joint ventureCVR 3538982250% to under 66.7% of capital and votes
Anpartsselskabet HKM
Subsidiary or joint ventureCVR 3993245850% to under 66.7% of capital and votes

Show 7 more

Dragsholm Gruppen ApS
Subsidiary or joint ventureCVR 4659569650% to under 66.7% of capital and votes
- Dragsholm Slot Ejendomsselskab ApS
  SubsidiaryCVR 46600444100% of capital and votes
- DRAGSHOLM SLOT P/S
  SubsidiaryCVR 32278647100% of capital and votes
- RESTAURATIONSSELSKABET AF 15.APRIL2011 K/S
  SubsidiaryCVR 33745958100% of capital and votes
MPP Holding I A/S
Subsidiary or joint ventureCVR 3642742650% to under 66.7% of capital and votes
- M+ PH I A/S
  SubsidiaryCVR 3916009950% to under 66.7% of capital and 100% of votes
- M+ PH II A/S
  SubsidiaryCVR 4158541250% to under 66.7% of capital and 100% of votes
- MPP Finans A/S
  SubsidiaryCVR 33747527100% of capital and votes
- Projektselskabet CMØ ApS
  SubsidiaryCVR 42530336100% of capital and votes
- Strandholmen A/S
  SubsidiaryCVR 36984392100% of capital and votes
- And 3 more, listed on the page of MPP Holding I A/S.
Flex Group ApS
CVR 3350259133.3% to under 50% of capital and votes
- FLEX MODUL A/S
  CVR 1791907590% to under 100% of capital and votes
- VT2 HOLDING ApS
  CVR 3350288515% to under 20% of capital and votes
Rentdesk ApS
CVR 3995192433.3% to under 50% of capital and votes
M+ PH I A/S
CVR 3916009915% to under 20% of capital
- Komplementarselskabet Plushusene 3 ApS
  CVR 4089908150% to under 66.7% of capital and votes
- Komplementarselskabet Plushusene ApS
  CVR 3916312850% to under 66.7% of capital and votes
- Plushusene 3 K/S
  CVR 4091042550% to under 66.7% of capital and votes
- Plushusene K/S
  CVR 3916351950% to under 66.7% of capital and votes
- Plushusene Management ApS
  CVR 4014911250% to under 66.7% of capital and votes
M+ PH II A/S
CVR 4158541215% to under 20% of capital
- Komplementarselskabet Plushusene 4 ApS
  CVR 4175294725% to under 33.3% of capital and 50% to under 66.7% of votes
- Plushusene 4 K/S
  CVR 4179932325% to under 33.3% of capital and 50% to under 66.7% of votes
Reflective Technologies ApS
CVR 3885499210% to under 15% of capital and votes
- Codement ApS
  CVR 40565779100% of capital and votes
- Monefy ApS
  CVR 45310779100% of capital and votes
- Reflective Labs ApS
  CVR 41403918100% of capital and votes

Found by searching the CVR owner register (ejerregister) for M+ III A/S as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Former holdings (11)

GMR EJENDOMME ApS
CVR 2897800633.3% to under 50% of capital and votes24 Sep 2022 to 1 Jul 2026
EJENDOMSSELSKABET HOVMARKSVEJ 95 HORSENS ApS
CVR 3266916650% to under 66.7% of capital and votes24 Sep 2022 to 3 Mar 2026
M5 Byg ApS
CVR 3863242610% to under 15% of capital and votes24 Sep 2022 to 2 Jan 2026
M5 Family ApS
CVR 4402695310% to under 15% of capital and votes1 May 2023 to 2 Jan 2026
OPDI TECHNOLOGIES A/S
CVR 2685113010% to under 15% of capital and votes24 Sep 2022 to 1 Sep 2025
Resights ApS
CVR 415270805% to under 10% of capital and votes24 Sep 2022 to 12 Mar 2025
Anpartsselskabet af 30.03.2023
CVR 2151417925% to under 33.3% of capital and votes24 Sep 2022 to 29 Oct 2024
THINK BIGGER MANAGEMENT A/S
CVR 3188374150% to under 66.7% of capital and 66.7% to under 90% of votes24 Sep 2022 to 25 Oct 2024
Nordhusene Remmerslund ApS
CVR 4122241733.3% to under 50% of capital and votes24 Sep 2022 to 16 Sep 2024
FODBOLDALLIANCEN AC HORSENS A/S
CVR 899437285% to under 10% of capital and votes24 Sep 2022 to 1 Nov 2023
CC II APCIV K/S
CVR 401691995% to under 10% of capital and votes24 Sep 2022 to 6 Jun 2023

People

Current (3)

Claus PorsgaardExecutive board since 10 Aug 2022, Board of directors since 16 Sep 2022
Bettina Antitsch MortensenBoard of directors since 16 Sep 2022
Per Christian HansenBoard of directors since 16 Sep 2022

Founders (1)

M+ Invest ApSFounded 10 Aug 2022

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Network

Roles Over Time

Claus Porsgaard: Executive board, 10 Aug 2022 to today; Board of directors, 16 Sep 2022 to today.
Bettina Antitsch Mortensen: Board of directors, 16 Sep 2022 to today.
Per Christian Hansen: Board of directors, 16 Sep 2022 to today.

10 Aug 2022 to 31 Oct 2026.

Executive board (Direktion)Board of directors (Bestyrelse)Each bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Financials

Annual report figures by year, DKK thousands
Metric	2022	2023	2024	2025
Gross profit	5,336	694	7	63
Operating profit	+1,313	+694	Not reported	Not reported
Result for the year	+30,563	-191,541	-24,339	+99,099
Equity	1,407,063	1,207,792	1,183,502	1,283,306
Total assets	1,958,751	1,789,741	1,648,065	1,772,380
Employees (average)	9	0	Not reported	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	Not reported^{note 1}	-87%	-99%	808.1%
Employee growth (vækst i antal ansatte)	Not reported^{note 1}	-100%	Not reported^{note 2}	n.m.^{note 3}
Net interest-bearing debt (NIBD, nettorentebærende gæld)	40,672	227,445	150,286	179,989
ROIC (afkast af investeret kapital)	Not reported^{note 4}	0%^{note 5}	0%^{note 6}	0.6%^{note 6}
Capex (investeringer i anlægsaktiver)	1,770	0	Not reported^{note 7}	Not reported^{note 7}
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	168,868	387,392	331,200	316,220

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group. Not every period is a full year: 2022 covers 5 months (10 Aug to 31 Dec 2022). Changes against it compare periods of different length.

Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. No cash flow statement filed (class A and B are exempt).

1 no figures for the year before
2 no average employee figure in the annual report (ESEF reports carry none); the registry's monthly headcount is in company-profile
3 n.m.: the year before is not positive
4 period length differs
5 Dandex estimate: statutory 22% used: profit before tax not positive
6 Dandex estimate: EBIT rebuilt from profit before tax and financial items; statutory 22% used: profit before tax not positive
7 no capex filed

Annual Reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 4 Jun 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 11 Jun 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 21 Jun 2024
PDF
Annual report 2022
10 Aug 2022 to 31 Dec 2022, published 30 Jun 2023
PDF

Financials

Changes

Dandex has recorded no changes to this company since it began following the register.

Registration

Address: Rosenkrantzvej 2
8700 Horsens
Horsens Municipality
CVR record last changed: 13 Jan 2026
Data read: 31 Oct 2026

Production Units

1 registered in CVR.

M+ III A/S
P-number 1028472834Rosenkrantzvej 2, 8700 Horsens

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Set Up Dandex

B.A.M. A/S
CVR 4355438766.7% to under 90% of capital and votessince 1 Oct 2022
R+F A/S
CVR 4364603620% to under 25% of capital and votessince 1 Nov 2022

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Former owners (2)

M+ Invest ApS
CVR 21188840100% of capital and votes10 Aug 2022 to 1 Oct 2022
FRB NewCo ApS
CVR 4355439533.3% to under 50% of capital and votes1 Oct 2022 to 1 Nov 2022

Control Chain

Ultimate controller
Bettina Antitsch Mortensen
Holds 100% of capital and votes in M+ Invest A/S, since 20 Dec 2022
Capital100%
Votes100%
Holding company
M+ Invest A/S
CVR 43724320Public limited company (A/S)
Holds 90% to under 100% of capital and 50% to under 66.7% of votes in B.A.M. A/S, since 20 Dec 2022
Capital90% to under 100%
Votes50% to under 66.7%
Holding company
B.A.M. A/S
CVR 43554387Public limited company (A/S)
Holds 66.7% to under 90% of capital and votes in M+ III A/S, since 1 Oct 2022
Capital66.7% to under 90%
Votes66.7% to under 90%
This company
M+ III A/S
CVR 43435108

Owned Companies

17 Danish companies, which own 34 more one level down.

EJENDOMSSELSKABET AF 14. JUNI 2013 A/S
SubsidiaryCVR 53694217100% of capital and votes
Fix my car A/S
SubsidiaryCVR 40600590100% of capital and votes
Folkli ApS
SubsidiaryCVR 43008277100% of capital and votes
M+ Ejendomme A/S
SubsidiaryCVR 10054672100% of capital and votes
- EXXIT 59 A/S
  SubsidiaryCVR 12378505100% of capital and votes
- HAVNETREKANTEN A/S
  SubsidiaryCVR 29934584100% of capital and votes
- Løsningvej 30 ApS
  SubsidiaryCVR 42852872100% of capital and votes
- Parkeringshuset Levysgade ApS
  SubsidiaryCVR 35393986100% of capital and votes
- Redebyg ApS
  SubsidiaryCVR 40239596100% of capital and votes
- And 2 more, listed on the page of M+ Ejendomme A/S.
M+ IV A/S
SubsidiaryCVR 43523759100% of capital and votes
- CC II APCIV K/S
  CVR 401691995% to under 10% of capital and votes
M+ Udvikling A/S
SubsidiaryCVR 45389766100% of capital and votes
MM Family ApS
SubsidiaryCVR 3915936810% to under 15% of capital and 100% of votes
- M+ PH I A/S
  CVR 3916009910% to under 15% of capital
- M+ PH II A/S
  CVR 4158541210% to under 15% of capital
WON HOLDING ApS
SubsidiaryCVR 3387790066.7% to under 90% of capital and votes
- W H ApS
  SubsidiaryCVR 27759491100% of capital and votes
Anpartsselskabet af 1. juli 2013
Subsidiary or joint ventureCVR 3538982250% to under 66.7% of capital and votes
Anpartsselskabet HKM
Subsidiary or joint ventureCVR 3993245850% to under 66.7% of capital and votes

Show 7 more

Dragsholm Gruppen ApS
Subsidiary or joint ventureCVR 4659569650% to under 66.7% of capital and votes
- Dragsholm Slot Ejendomsselskab ApS
  SubsidiaryCVR 46600444100% of capital and votes
- DRAGSHOLM SLOT P/S
  SubsidiaryCVR 32278647100% of capital and votes
- RESTAURATIONSSELSKABET AF 15.APRIL2011 K/S
  SubsidiaryCVR 33745958100% of capital and votes
MPP Holding I A/S
Subsidiary or joint ventureCVR 3642742650% to under 66.7% of capital and votes
- M+ PH I A/S
  SubsidiaryCVR 3916009950% to under 66.7% of capital and 100% of votes
- M+ PH II A/S
  SubsidiaryCVR 4158541250% to under 66.7% of capital and 100% of votes
- MPP Finans A/S
  SubsidiaryCVR 33747527100% of capital and votes
- Projektselskabet CMØ ApS
  SubsidiaryCVR 42530336100% of capital and votes
- Strandholmen A/S
  SubsidiaryCVR 36984392100% of capital and votes
- And 3 more, listed on the page of MPP Holding I A/S.
Flex Group ApS
CVR 3350259133.3% to under 50% of capital and votes
- FLEX MODUL A/S
  CVR 1791907590% to under 100% of capital and votes
- VT2 HOLDING ApS
  CVR 3350288515% to under 20% of capital and votes
Rentdesk ApS
CVR 3995192433.3% to under 50% of capital and votes
M+ PH I A/S
CVR 3916009915% to under 20% of capital
- Komplementarselskabet Plushusene 3 ApS
  CVR 4089908150% to under 66.7% of capital and votes
- Komplementarselskabet Plushusene ApS
  CVR 3916312850% to under 66.7% of capital and votes
- Plushusene 3 K/S
  CVR 4091042550% to under 66.7% of capital and votes
- Plushusene K/S
  CVR 3916351950% to under 66.7% of capital and votes
- Plushusene Management ApS
  CVR 4014911250% to under 66.7% of capital and votes
M+ PH II A/S
CVR 4158541215% to under 20% of capital
- Komplementarselskabet Plushusene 4 ApS
  CVR 4175294725% to under 33.3% of capital and 50% to under 66.7% of votes
- Plushusene 4 K/S
  CVR 4179932325% to under 33.3% of capital and 50% to under 66.7% of votes
Reflective Technologies ApS
CVR 3885499210% to under 15% of capital and votes
- Codement ApS
  CVR 40565779100% of capital and votes
- Monefy ApS
  CVR 45310779100% of capital and votes
- Reflective Labs ApS
  CVR 41403918100% of capital and votes

Found by searching the CVR owner register (ejerregister) for M+ III A/S as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Former holdings (11)

GMR EJENDOMME ApS
CVR 2897800633.3% to under 50% of capital and votes24 Sep 2022 to 1 Jul 2026
EJENDOMSSELSKABET HOVMARKSVEJ 95 HORSENS ApS
CVR 3266916650% to under 66.7% of capital and votes24 Sep 2022 to 3 Mar 2026
M5 Byg ApS
CVR 3863242610% to under 15% of capital and votes24 Sep 2022 to 2 Jan 2026
M5 Family ApS
CVR 4402695310% to under 15% of capital and votes1 May 2023 to 2 Jan 2026
OPDI TECHNOLOGIES A/S
CVR 2685113010% to under 15% of capital and votes24 Sep 2022 to 1 Sep 2025
Resights ApS
CVR 415270805% to under 10% of capital and votes24 Sep 2022 to 12 Mar 2025
Anpartsselskabet af 30.03.2023
CVR 2151417925% to under 33.3% of capital and votes24 Sep 2022 to 29 Oct 2024
THINK BIGGER MANAGEMENT A/S
CVR 3188374150% to under 66.7% of capital and 66.7% to under 90% of votes24 Sep 2022 to 25 Oct 2024
Nordhusene Remmerslund ApS
CVR 4122241733.3% to under 50% of capital and votes24 Sep 2022 to 16 Sep 2024
FODBOLDALLIANCEN AC HORSENS A/S
CVR 899437285% to under 10% of capital and votes24 Sep 2022 to 1 Nov 2023
CC II APCIV K/S
CVR 401691995% to under 10% of capital and votes24 Sep 2022 to 6 Jun 2023

Financials

Annual report figures by year, DKK thousands
Metric	2022	2023	2024	2025
Gross profit	5,336	694	7	63
Operating profit	+1,313	+694	Not reported	Not reported
Result for the year	+30,563	-191,541	-24,339	+99,099
Equity	1,407,063	1,207,792	1,183,502	1,283,306
Total assets	1,958,751	1,789,741	1,648,065	1,772,380
Employees (average)	9	0	Not reported	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	Not reported^{note 1}	-87%	-99%	808.1%
Employee growth (vækst i antal ansatte)	Not reported^{note 1}	-100%	Not reported^{note 2}	n.m.^{note 3}
Net interest-bearing debt (NIBD, nettorentebærende gæld)	40,672	227,445	150,286	179,989
ROIC (afkast af investeret kapital)	Not reported^{note 4}	0%^{note 5}	0%^{note 6}	0.6%^{note 6}
Capex (investeringer i anlægsaktiver)	1,770	0	Not reported^{note 7}	Not reported^{note 7}
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	168,868	387,392	331,200	316,220

1 no figures for the year before
2 no average employee figure in the annual report (ESEF reports carry none); the registry's monthly headcount is in company-profile
3 n.m.: the year before is not positive
4 period length differs
5 Dandex estimate: statutory 22% used: profit before tax not positive
6 Dandex estimate: EBIT rebuilt from profit before tax and financial items; statutory 22% used: profit before tax not positive
7 no capex filed

Annual Reports

Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 4 Jun 2026
XHTML
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 11 Jun 2025
PDF
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 21 Jun 2024
PDF
Annual report 2022
10 Aug 2022 to 31 Dec 2022, published 30 Jun 2023
PDF

Ownership

People

Network

Financials

Changes

Registration

Dandex in Your Own Tools

Ownership

People

Financials

Who Is Behind It

Ownership

Control Chain

Owned Companies

People

Current (3)

Founders (1)

Network

Roles Over Time

Network

Financials

Annual Reports

Financials

Changes

Registration

Production Units

Dandex in Your Own Tools

Who Is Behind It

Control Chain

Owned Companies

Current (3)

Founders (1)

Network

Shared by two or more of its people

Its people and their other companies

Network

Roles Over Time

Financials

Annual Reports

Production Units

Network

Shared by two or more of its people

Its people and their other companies