TVB HOLDING ApS

APSDissolvedAdvertising protection

CVR 10070619Fabrikvej 15B, 5500 MiddelfartInvesteringsselskaber· NACE 643030Est. 2001 · 25 years old1 employees

Overview

TVB HOLDING ApS is a Danish APS based in Middelfart, operating in the Investeringsselskaber sector. Incorporated in 2001, the company has 1 employee and reported a gross profit of -DKK 394.3k in its latest annual filing.

Gross profit 2021

-0.4M DKK

+83% vs 2020

EBITDA margin (of gross profit)

131.6 %

−53% vs 2020

Net profit 2021

7.7M DKK

+116% vs 2020

Key ratios

See full ratios →

94.0 %

Average

Around the average of companies in the same industry

20172021

14.3×

Strong

Among the 30% highest rated companies in the industry

20172021

15.2 %

Strong

Among the 30% highest rated companies in the industry

20172021

EBITDA — year on year

DKK thousands

Key figures

Annual report 2021

Gross profit	-0.4M DKK	+83%
EBITDA	-0.5M DKK	-53%
Net profit	7.7M DKK	+116%
Total assets	50.7M DKK	+19%
Equity	47.7M DKK	+14%
Employees	1	—

Contact

Address

Fabrikvej 15B, 5500 Middelfart

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2021), TVB HOLDING ApS reported a gross profit of -DKK 394.3k. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of DKK 7.7m.

At the end of 2021, equity financed 94% of the balance sheet, and current assets covered short-term debt 14.3 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2021	2020	2019	2018	2017
Gross profit	-394	-216	-215	-218	-289
Staff expenses	-125	-124	-124	-123	-123
EBITDA	-519	-339	-339	-341	-412
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-519	-339	-339	-341	-412
Net financials	10,431	4,342	3,728	3,094	5,579
Profit before tax	9,840	3,933	3,389	2,753	5,167
Tax	2,112	355	154	115	668
Net profit	7,728	3,578	3,235	2,638	4,499

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Balance sheet

DKK thousands

Item	2021	2020	2019	2018	2017
Total assets	50,705	42,680	40,635	40,316	39,548
Equity	47,664	41,937	40,358	39,772	39,134
Long-term debt	0	0	0	0	0
Short-term debt	3,041	743	276	545	415
Total debt	3,041	743	276	545	415

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20172021

Equity ratio

94.0 %

Average

Around the average of companies in the same industry

20172021

Return on equity

16.2 %

Strong

Among the 40% highest rated companies in the industry

20172021

Net profit margin (of gross profit)

>999 %

20172021

Asset turnover (of gross profit)

-0.01×

20172021

Debt / equity

0.06×

Average

Around the average of companies in the same industry

20172021

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)Strong

Among the 40% highest 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)Strong

Among the 30% highest 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)Strong

Among the 40% highest 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)Weak

Among the 40% 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.

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 30% 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 ratioStrong

Among the 30% 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 ratioAverage

Around the average of companies in the same industry

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

Current assets to equityWeak

Among the 30% lowest 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 capitalStrong

Among the 30% 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 ratioVery weak

Among the 20% lowest 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 ratioStrong

Among the 40% 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 equityAverage

Around the average of companies in the same industry

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

Liabilities to equityAverage

Around the average of companies in the same industry

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

Income to debtStrong

Among the 30% highest rated companies in the industry

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

EBITDA to debtWeak

Among the 40% 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 20% lowest rated companies in the industry

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

Interest rate on debtAverage

Around the average of companies in the same industry

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

Interest marginStrong

Among the 30% highest 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

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 equityStrong

Among the 30% highest rated companies in the industry

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

One-year change in debtVery weak

Among the 10% lowest 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 2021
Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-07-01 – 2020-06-30
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-07-01 – 2019-06-30
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-07-01 – 2018-06-30
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-07-01 – 2017-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


TV Tage Vestergaard Bajlum Management	Management	2001 – 2011
JT Jette Toft Bajlum Management	Management	2011 – 2022

Board of directors

Non-executive oversight

Name	Role	Member since

Former (2)


TV Tage Vestergaard Bajlum Chairman	Chairman	2011 – 2022
JT Jette Toft Bajlum Board of Directors	Board of Directors	2011 – 2022

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Tage Vestergaard Bajlum	Individual	100%	100%	2001

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of TVB HOLDING ApS also hold positions in 5 other companies.

Person	Role here	Other companies
Tage Vestergaard Bajlum	Management	3 companies
Jette Toft Bajlum	Management	2 companies

Frequently asked questions

What is the CVR number of TVB HOLDING ApS?

TVB HOLDING ApS is registered with CVR / Virk under CVR 10070619.

What is the gross profit of TVB HOLDING ApS?

TVB HOLDING ApS reported a gross profit of -DKK 394.3k in 2021.

How many employees does TVB HOLDING ApS have?

TVB HOLDING ApS employs 1 people as of the latest annual report.

Where is TVB HOLDING ApS headquartered?

TVB HOLDING ApS's registered address is Fabrikvej 15B.