Meneta Composite Materials ApS
Core data
Name | Meneta Composite Materials ApS |
Address | Strandholtvej 49, 5270, Odense N |
Founded | May 31, 2018 |
| 14 / 10 | |
Locations (P-units) | 1View locations |
Website | https://meneta.dk/ |
 LinkedIn | 1819692 |
Branch | Fremstilling af andre dele og tilbehør til motorkøretøjer (293200) |
Name | Meneta Composite Materials ApS |
Address | Strandholtvej 49, 5270, Odense N |
Founded | May 31, 2018 |
| 14 / 10 |
Locations (P-units) | 1View locations |
Website | https://meneta.dk/ |
| LinkedIn | 1819692 |
Branch | Fremstilling af andre dele og tilbehør til motorkøretøjer (293200) |
Keep track of Meneta Composite Materials ApS
Description
Meneta Group is a multinational manufacturing group headquartered in Denmark, producing automotive components, composite coil materials, and customized finished parts.
Meneta Group develops, tests, simulates, and produces brake components, damping materials, composite coil materials, and customized finished parts, and provides related engineering and testing services.
Company's own description on virk.dk
Meneta Composite Materials ApS develops, manufactures, and sells composite materials for the automotive industry and other related industries. Development in activities and financial position The company was unable to meet expected revenue and profitability targets, which can mainly be attributed to delays in product maturation and the sudden reciprocal tariffs in the US. Income statement for 2025 contains further costs related to primarily machine process optimization and product maturation, resulting in the year showing a loss of DKK -13.5M – better than the year before, but still unsatisfactory. As of 31 December 2025, equity amounts to DKK 19.5M. Profit/loss for the year compared to expectations Result of the year shows a negative result of DKK -13.5M (DKK -20.2M). Whereas the financial result of the company must be regarded as highly unsatisfactory, it can mainly be attributed to challenges deriving from a drastic decrease in the sale of ICE cars, the tariff situation in the US as well as machining issues.
Products & services
Noise-damping brake shims · Fineblanked backing plates · Brake components · Coated coil materials · Composite coil materials · Customized finished parts · Engineering services · Product development · Simulation and testing · Application engineering · Sealing consulting · Paid dynamometer service
Industries
Automotive components · Composite coil materials · Manufacturing
Customer types
Automotive industry customers · OE and AM markets
Analysis by AI ✨
The annual loss narrowed in 2025: the result for the year was DKK -13.5 million, compared with DKK -20.2 million in 2024. Equity fell at the same time from DKK 33 million to DKK 19.5 million.
In August 2026, the company had 14 employees and 10 full-time equivalents (FTE), compared with 17 employees and 14 FTE in August 2025.
MENETA Holding A/S owns 100% of Meneta Composite Materials ApS. Steve Wang, registered in the United States, is the beneficial owner of both companies; his current legal ownership share in MENETA Holding A/S is 66.67–89.99%, and he holds 66.67% of its voting rights. Steve Wang, also registered in the United States, was the legal owner of MENETA HOLDING ApS from 19 September 2003 to 1 June 2016.
AI-generated texts are based on registered information, which may be delayed or incomplete. Errors may occur.
Financials
| Reporting period | 2025DKK | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross profit | 5,211,000 | ||||||||
| Operating profit | -15,612,000 | ||||||||
| Profit before tax | -17,415,000 | ||||||||
| Net income | -13,492,000 | ||||||||
| Total assets | 72,598,000 | ||||||||
| Equity | 19,523,000 | ||||||||
| Avg. employees | 16 | ||||||||
2018–2025 Unlock financial history | |||||||||
Datapublica Risk Score
What goes into the assessment
Financials
Equity ratio, profitability, and liquidity
Accounts and history
Late filings and previous financial distress
Owners and management
Past bankruptcies and owners’ other companies
Company and connections
Age, industry, and shared addresses or contact details
Standard: Score and risk bandPro: Also a detailed explanation of the factors
Gazelle
1 consecutive growth years
Børsen Gazelle is Dagbladet Børsen's award. Datapublica is not affiliated with Børsen. Calculated statuses are Datapublica's own analysis of public CVR financial-statement data.
People
| Person | Roles | Titles |
|---|---|---|
| Ole Magaard | Roles Board | TitlesBESTYRELSESMEDLEM |
Auditor
| Audit firm | Auditor | Role | From |
|---|---|---|---|
| BDO Statsautoriseret Revisionspartnerselskab | AuditorOle C. K. Nielsen | RoleState Authorised Public Accountant | FromApr 17, 2026 |
| BDO Statsautoriseret Revisionspartnerselskab | Auditor— | Role— | FromApr 17, 2026 |
Legal owners
| Owner | Ownership | Voting rights | From |
|---|---|---|---|
| Ownership100 % | Voting rights100 % | FromMay 31, 2018 |
Beneficial owners
| Owner | Ownership | Voting rights | From |
|---|---|---|---|
Unknown Other Participant | Ownership100 % | Voting rights100 % | FromMay 31, 2018 |
Ultimate owners
| Name | Ownership through | Calculated ownership |
|---|---|---|
| 🇺🇸Steve Wang | Ownership through | 66.67–89.99 % |