ASX 11537 ApS

APSDissolved

CVR 10901944Sintrupvej 24, 8220 BrabrandManufacture of other fabricated metal products n.e.c.· NACE 2599Est. 1987 · 39 years old4 employees

Overview

ASX 11537 ApS is a Danish APS based in Brabrand, operating in the Manufacture of other fabricated metal products n.e.c. sector. Incorporated in 1987, the company has 4 employees and reported a gross profit of DKK 4.5m in its latest annual filing.

Gross profit 2016

4.5M DKK

+49% vs 2015

EBITDA margin (of gross profit)

22.9 %

+561% vs 2015

Net profit 2016

0.8M DKK

+398% vs 2015

Key ratios

See full ratios →

56.3 %

Strong

Among the 40% highest rated companies in the industry

20122016

2.3×

Strong

Among the 40% highest rated companies in the industry

20122016

10.0 %

Strong

Among the 40% highest rated companies in the industry

20122016

EBITDA — year on year

DKK thousands

Key figures

Annual report 2016

Gross profit	4.5M DKK	+49%
EBITDA	1M DKK	+561%
Net profit	0.8M DKK	+398%
Total assets	8.3M DKK	+19%
Equity	4.6M DKK	+22%
Employees	4	—

Financial development

In its most recent annual report (2016), ASX 11537 ApS reported a gross profit of DKK 4.5m, an increase of 49% on the year before. The figures on this page draw on 5 annual filings covering 2012 to 2016. The bottom line showed a net profit of DKK 823.7k, and the EBITDA margin stood at 22.9%.

At the end of 2016, equity financed 56.3% of the balance sheet, and current assets covered short-term debt 2.3 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2016	2015	2014	2013	2012
Gross profit	4,522	3,044	4,652	4,114	4,445
Staff expenses	-3,485	-3,269	-3,812	-3,495	-3,351
EBITDA	1,038	-225	841	619	1,093
Depreciation & amort.	-28	-197	-108	-254	-300
EBIT	1,010	-422	732	365	793
Net financials	53	64	67	25	12
Profit before tax	1,063	-358	799	390	805
Tax	239	-82	199	97	202
Net profit	824	-276	600	292	603

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Balance sheet

DKK thousands

Item	2016	2015	2014	2013	2012
Total assets	8,252	6,933	7,160	6,358	5,850
Equity	4,642	3,818	4,094	3,494	3,202
Long-term debt	0	0	0	0	0
Short-term debt	3,610	3,112	3,066	2,859	2,608
Total debt	3,610	3,112	3,066	2,859	2,608

Financial ratios

5-year trend

EBITDA margin (of gross profit)

22.9 %

20122016

Equity ratio

56.3 %

Strong

Among the 40% highest rated companies in the industry

20122016

Return on equity

17.7 %

Average

Around the average of companies in the same industry

20122016

Net profit margin (of gross profit)

18.2 %

20122016

Asset turnover (of gross profit)

0.55×

20122016

Debt / equity

0.78×

Average

Around the average of companies in the same industry

20122016

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)Average

Around the average of companies in the same 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 40% 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)Average

Around the average of companies in the same 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)Strong

Among the 40% highest rated companies in the industry

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

Capacity ratioStrong

Among the 40% highest 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 40% 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 40% 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 ratioAverage

Around the average of companies in the same industry

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

Debt & solvency

Solidity ratioStrong

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

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

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

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

Interest coverageStrong

Among the 30% highest 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 40% 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 capitalStrong

Among the 30% 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 debtWeak

Among the 40% 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 2016
Filed via CVR / Virk · Period 2015-06-01 – 2016-05-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2014-06-01 – 2015-05-31
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2013-06-01 – 2014-05-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-06-01 – 2013-05-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-06-01 – 2012-05-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


BA Bent Andersen Management	Management	1987 – 2016
PB Preben Bang Henriksen Founder	Founder	1987 – 2016

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
BENT ANDERSEN ADMINISTRATIONSSELSKAB ApS	Company	100%	100%	1992

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

BENT ANDERSEN ADMINISTRATIONSSELSKAB ApS100%

ASX 11537 ApS (this company)

Board network connections

Board members of ASX 11537 ApS also hold positions in 276 other companies.

Person	Role here	Other companies
Preben Bang Henriksen	Founder	274 companiesMany roles
Bent Andersen	Management	2 companies

Frequently asked questions

What is the CVR number of ASX 11537 ApS?

ASX 11537 ApS is registered with CVR / Virk under CVR 10901944.

What is the gross profit of ASX 11537 ApS?

ASX 11537 ApS reported a gross profit of DKK 4.5m in 2016.

How many employees does ASX 11537 ApS have?

ASX 11537 ApS employs 4 people as of the latest annual report.

Where is ASX 11537 ApS headquartered?

ASX 11537 ApS's registered address is Sintrupvej 24.