PAPIRCENTRET ApS

APSDissolved

CVR 10047552Rorgængervej 8, 2660 Brøndby StrandWholesale of other household goods· NACE 4649Est. 2000 · 25 years old1 employees

Overview

PAPIRCENTRET ApS is a Danish APS based in Brøndby Strand, operating in the Wholesale of other household goods sector. Incorporated in 2000, the company has 1 employee and reported revenue of DKK 144.3k in its latest annual filing.

Revenue 2019

144.3K DKK

−76% vs 2018

EBITDA margin

−27.7 %

−329% vs 2018

Net profit 2019

-40.9K DKK

+24% vs 2018

Key ratios

See full ratios →

85.5 %

Very strong

Among the 20% highest rated companies in the industry

20122019

6.9×

Very strong

Among the 20% highest rated companies in the industry

20122019

-59.3 %

Very weak

Among the 10% lowest rated companies in the industry

20122019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Revenue	144.3K DKK	-76%
EBITDA	-40K DKK	-329%
Net profit	-40.9K DKK	+24%
Total assets	69K DKK	-53%
Equity	59K DKK	-41%
Employees	1	—

Financial development

In its most recent annual report (2019), PAPIRCENTRET ApS reported revenue of DKK 144.3k, a decrease of 76% on the year before. The figures on this page draw on 5 annual filings covering 2012 to 2019. The bottom line showed a net loss of DKK 40.9k, and the EBITDA margin stood at -27.7%.

At the end of 2019, equity financed 85.5% of the balance sheet, and current assets covered short-term debt 6.9 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2016	2014	2012
Revenue	144	593	-2	601	-528
Staff expenses	-10	-40	-64	-100	-112
EBITDA	-40	-9	-66	-74	83
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-40	-9	-66	-74	83
Net financials	-1	-1	-0	3	-7
Profit before tax	-41	-10	-66	-71	75
Tax	-0	44	-0	-4	19
Net profit	-41	-53	-66	-67	57

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Balance sheet

DKK thousands

Item	2019	2018	2014	2012
Total assets	69	145	286	367
Equity	59	100	280	360
Long-term debt	0	0	0	0
Short-term debt	10	45	7	-7
Total debt	10	45	7	-7

Financial ratios

5-year trend

EBITDA margin

-27.7 %

20122019

Equity ratio

85.5 %

Very strong

Among the 20% highest rated companies in the industry

20122019

Return on equity

-69.3 %

Very weak

Among the 10% lowest rated companies in the industry

20122019

Net profit margin

-28.3 %

Very weak

Among the 20% lowest rated companies in the industry

20122019

Asset turnover

2.09×

Strong

Among the 40% highest rated companies in the industry

20122019

Debt / equity

0.17×

Very strong

Among the 20% highest rated companies in the industry

20122019

Sector performance

26 of 28 ratios graded

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

Profitability

Gross marginVery weak

Among the 10% lowest rated companies in the industry

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 marginVery weak

Among the 20% lowest rated companies in the industry

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 marginVery weak

Among the 20% lowest rated companies in the industry

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

Return on equity (ROE)Very weak

Among the 10% lowest rated companies in the industry

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

Return on assets (ROA)Very weak

Among the 10% lowest rated companies in the industry

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

Return on net assets (RONA)Very weak

Among the 10% lowest rated companies in the 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)Very weak

Among the 10% lowest rated companies in the industry

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

Capacity ratioVery weak

Among the 10% lowest 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.

Liquidity

Current ratioVery strong

Among the 20% 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 ratioVery strong

Among the 10% highest 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 ratioVery strong

Among the 10% highest 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 capitalVery strong

Among the 10% highest rated companies in the 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 ratioWeak

Among the 40% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioVery strong

Among the 20% highest rated companies in the industry

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

Debt ratioVery strong

Among the 20% highest rated companies in the industry

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

Debt to equityVery strong

Among the 20% highest rated companies in the industry

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

Liabilities to equityVery strong

Among the 20% highest rated companies in the industry

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

Income to debtVery weak

Among the 10% lowest rated companies in the industry

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

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

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

Interest coverageVery weak

Among the 10% lowest rated companies in the 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 marginVery weak

Among the 10% lowest rated companies in the 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

Asset turnoverStrong

Among the 40% highest rated companies in the industry

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

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

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

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

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

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.

Equity to contributed capitalNot rated

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

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

Annual reports & filings

Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


ET Erik Tommy Jørgensen Management	Management	2000 – 2020
HB Hans Berglund Noahsen Chief Executive Officer	Chief Executive Officer	2000 – 2002

Board of directors

Non-executive oversight

Name	Role	Member since

Former (4)


MT Malfrid Thomsen Jørgensen Board of Directors	Board of Directors	2000 – 2002
ET Erik Tommy Jørgensen Chairman	Chairman	2000 – 2006
LN Lillian Noahsen Board of Directors	Board of Directors	2000 – 2002
HB Hans Berglund Noahsen Board of Directors	Board of Directors	2000 – 2002

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Erik Tommy Jørgensen	Individual	90–99.99%	90–99.99%	2015

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

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of PAPIRCENTRET ApS also hold positions in 1 other company.

Person	Role here	Other companies
Erik Tommy Jørgensen	Management	1 company

Frequently asked questions

What is the CVR number of PAPIRCENTRET ApS?

PAPIRCENTRET ApS is registered with CVR / Virk under CVR 10047552.

What is the revenue of PAPIRCENTRET ApS?

PAPIRCENTRET ApS reported revenue of DKK 144.3k in 2019.

How many employees does PAPIRCENTRET ApS have?

PAPIRCENTRET ApS employs 1 people as of the latest annual report.

Where is PAPIRCENTRET ApS headquartered?

PAPIRCENTRET ApS's registered address is Rorgængervej 8.