FLEMMING NIELSEN. SLAGELSE ApS

APSDissolved

CVR 10471702Gormsvej 51, 4200 SlagelseRental and operating of own or leased real estate· NACE 6820Est. 1986 · 39 years old— employees

Overview

FLEMMING NIELSEN. SLAGELSE ApS is a Danish APS based in Slagelse, operating in the Rental and operating of own or leased real estate sector. Incorporated in 1986, the company reported revenue of DKK 13.6k in its latest annual filing.

Revenue 2023

0M DKK

+171% vs 2022

EBITDA margin

−684.2 %

+18% vs 2022

Net profit 2023

-0.1M DKK

+23% vs 2022

Key ratios

See full ratios →

66.1 %

Weak

Among the 40% lowest rated companies in the industry

20192023

7.3×

Average

Around the average of companies in the same industry

20192023

-4.6 %

Very weak

Among the 20% lowest rated companies in the industry

20192023

EBITDA — year on year

DKK thousands

Key figures

Annual report 2023

Revenue	0M DKK	+171%
EBITDA	-0.1M DKK	+18%
Net profit	-0.1M DKK	+23%
Total assets	2.1M DKK	-8%
Equity	1.4M DKK	-6%
Employees	—	—

Financial development

In its most recent annual report (2023), FLEMMING NIELSEN. SLAGELSE ApS reported revenue of DKK 13.6k, an increase of 171% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net loss of DKK 97.9k, and the EBITDA margin stood at -684.2%.

At the end of 2023, equity financed 66.1% of the balance sheet, and current assets covered short-term debt 7.3 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2023	2022	2021	2020	2019
Revenue	14	5	-105	242	603
Staff expenses	-0	-0	-0	-0	-0
EBITDA	-93	-114	-428	110	503
Depreciation & amort.	-0	-0	-0	-0	-25
EBIT	-93	-114	-428	110	478
Net financials	-17	-26	-42	-77	-293
Profit before tax	-110	-140	-470	-550	185
Tax	-12	-12	14	30	68
Net profit	-98	-128	-484	-581	118

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Balance sheet

DKK thousands

Item	2023	2022	2021	2020	2019
Total assets	2,140	2,320	2,535	4,556	13,890
Equity	1,414	1,512	1,640	2,124	2,704
Long-term debt	603	640	676	1,864	9,780
Short-term debt	123	169	219	568	1,406
Total debt	726	809	895	2,433	11,186

Financial ratios

5-year trend

EBITDA margin

-684.2 %

20192023

Equity ratio

66.1 %

Weak

Among the 40% lowest rated companies in the industry

20192023

Return on equity

-6.9 %

Very weak

Among the 20% lowest rated companies in the industry

20192023

Net profit margin

-719.1 %

Very weak

Among the 10% lowest rated companies in the industry

20192023

Asset turnover

0.01×

Strong

Among the 30% highest rated companies in the industry

20192023

Debt / equity

0.51×

Weak

Among the 30% lowest rated companies in the industry

20192023

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 10% 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 10% 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 20% 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 20% 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 20% 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 20% 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 ratioNot rated

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

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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 ratioStrong

Among the 30% 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 equityAverage

Around the average of companies in the same 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 capitalAverage

Around the average of companies in the same 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 ratioStrong

Among the 30% highest rated companies in the industry

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

Debt & solvency

Solidity ratioWeak

Among the 40% lowest 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 ratioWeak

Among the 40% lowest 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 equityWeak

Among the 30% lowest rated companies in the industry

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

Liabilities to equityWeak

Among the 30% lowest rated companies in the industry

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

Income to debtWeak

Among the 30% lowest rated companies in the industry

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

EBITDA to debtAverage

Around the average of companies in the same industry

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

Interest coverageWeak

Among the 30% 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 marginWeak

Among the 40% 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 30% highest rated companies in the industry

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

Equity to contributed capitalWeak

Among the 40% lowest 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 equityWeak

Among the 30% lowest rated companies in the industry

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

One-year change in debtStrong

Among the 30% 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.

Annual reports & filings

Annual report 2023
Filed via CVR / Virk · Period 2022-05-01 – 2023-04-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-05-01 – 2022-04-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-05-01 – 2021-04-30
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-05-01 – 2020-04-30
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-05-01 – 2019-04-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


RM Revisionsfirmaet Malmbæk Audit	Audit	1986 – 1989
FL Flemming Leo Nielsen Management	Management	1986 – 2024
KM Klaus Møller Audit	Audit	1986 – 1997

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Flemming Leo Nielsen	Individual	100%	100%	1996

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of FLEMMING NIELSEN. SLAGELSE ApS also hold positions in 1 other company.

Person	Role here	Other companies
Klaus Møller	Audit	1 company

Frequently asked questions

What is the CVR number of FLEMMING NIELSEN. SLAGELSE ApS?

FLEMMING NIELSEN. SLAGELSE ApS is registered with CVR / Virk under CVR 10471702.

What is the revenue of FLEMMING NIELSEN. SLAGELSE ApS?

FLEMMING NIELSEN. SLAGELSE ApS reported revenue of DKK 13.6k in 2023.

Where is FLEMMING NIELSEN. SLAGELSE ApS headquartered?

FLEMMING NIELSEN. SLAGELSE ApS's registered address is Gormsvej 51.