ECHO ApS

APSDissolved

CVR 12423802Drejervej 3, 8920 Randers NVManufacture of optical instruments, magnetic and optical media and photographic equipment· NACE 2670Est. 1988 · 38 years old— employees

Overview

ECHO ApS is a Danish APS based in Randers NV, operating in the Manufacture of optical instruments, magnetic and optical media and photographic equipment sector. Incorporated in 1988, the company reported a gross profit of DKK 24.1k in its latest annual filing.

Gross profit 2014

0M DKK

−190% vs 2013

EBITDA margin (of gross profit)

57.5 %

+140% vs 2013

Net profit 2014

-0.1M DKK

-35% vs 2013

Key ratios

See full ratios →

54.5 %

Strong

Among the 40% highest rated companies in the industry

20122014

0.6×

Very weak

Among the 20% lowest rated companies in the industry

20122014

-5.2 %

Weak

Among the 30% lowest rated companies in the industry

20122014

EBITDA — year on year

DKK thousands

Key figures

Annual report 2014

Gross profit	0M DKK	-190%
EBITDA	0M DKK	+140%
Net profit	-0.1M DKK	-35%
Total assets	1.4M DKK	-31%
Equity	0.7M DKK	—
Employees	—	—

Financial development

In its most recent annual report (2014), ECHO ApS reported a gross profit of DKK 24.1k. The figures on this page draw on 3 annual filings covering 2012 to 2014. The bottom line showed a net loss of DKK 70.3k, and the EBITDA margin stood at 57.5%.

At the end of 2014, equity financed 54.5% of the balance sheet, and current assets covered short-term debt 0.6 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2014	2013	2012
Gross profit	24	-27	-96
Staff expenses	-0	-8	-332
EBITDA	14	-35	-428
Depreciation & amort.	-0	-0	-0
EBIT	14	-35	-428
Net financials	-33	-33	-53
Profit before tax	-19	-68	-482
Tax	51	-16	-119
Net profit	-70	-52	-363

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Balance sheet

DKK thousands

Item	2014	2013	2012
Total assets	1,357	1,967	2,069
Equity	739	—	—
Long-term debt	0	0	0
Short-term debt	617	1,158	1,207
Total debt	617	1,158	1,207

Financial ratios

5-year trend

EBITDA margin (of gross profit)

57.5 %

20122014

Equity ratio

54.5 %

Strong

Among the 40% highest rated companies in the industry

20122014

Return on equity

-9.5 %

Very weak

Among the 20% lowest rated companies in the industry

20122014

Net profit margin (of gross profit)

-291.7 %

20122014

Asset turnover (of gross profit)

0.02×

20122014

Debt / equity

0.84×

Average

Around the average of companies in the same industry

20122014

Sector performance

19 of 28 ratios graded

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

Profitability

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)Weak

Among the 30% 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)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 strong

Among the 10% 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 ratioVery weak

Among the 20% lowest 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 ratioWeak

Among the 30% lowest 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 ratioWeak

Among the 30% lowest rated companies in the industry

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

Current assets to equityVery strong

Among the 10% 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 weak

Among the 10% lowest 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 10% lowest rated companies in the 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 ratioAverage

Around the average of companies in the same 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.

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 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 coverageWeak

Among the 40% lowest rated companies in the industry

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

Liabilities to equityNot rated

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

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

Interest rate on debtNot rated

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

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

Interest marginNot rated

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

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 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 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.

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.

One-year change in equityNot rated

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

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

Annual reports & filings

Annual report 2014
Filed via CVR / Virk · Period 2013-05-01 – 2014-04-30
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-05-01 – 2013-04-30
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-05-01 – 2012-04-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (6)


NE Niels Erik Westen-Jensen Management	Management	1988 – 1989
JH John Holflod Jeppesen Liquidator	Liquidator	1997 – 1997
AS ANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB Audit	Audit	1988 – 1997
KN Karsten Nørkjær Management	Management	1988 – 1997
FØ Frank Østergaard Management	Management	1997 – 2014
PS PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB Audit	Audit	1988 – 1989

Board of directors

Non-executive oversight

Name	Role	Member since

Former (11)


RØ Rolf Øyvind Hansen Board of Directors	Board of Directors	1988 – 1994
MG Mona Guldhammer Raarup Board of Directors	Board of Directors	1988 – 1997
NG Nils Goth Hartmann Board of Directors	Board of Directors	1997 – 2002
JD Judith Drechsler Østergård Board of Directors	Board of Directors	2002 – 2009
HM Hans-Erik Møller-Hansen Chairman	Chairman	1988 – 1997
JB Jørgen Bjarne Krogh Board of Directors	Board of Directors	1997 – 2002
KN Karsten Nørkjær Board of Directors	Board of Directors	1988 – 1997
FØ Frank Østergaard Board of Directors	Board of Directors	1997 – 2009
JP Jørgen Purup Chairman	Chairman	2002 – 2009
JG Jørgen Gram Board of Directors	Board of Directors	1988 – 2002
EO Ejgil Olesen Board of Directors	Board of Directors	1997 – 2002

Shareholders

Active legal owners

No shareholder data available.

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

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of ECHO ApS also hold positions in 59 other companies.

Person	Role here	Other companies
Niels Erik Westen-Jensen	Management	37 companiesMany roles
John Holflod Jeppesen	Liquidator	11 companiesMany roles
Karsten Nørkjær	Management	6 companiesMany roles
Jørgen Purup	Chairman	3 companies
Jørgen Bjarne Krogh	Board of Directors	1 company
Ejgil Olesen	Board of Directors	1 company

Frequently asked questions

What is the CVR number of ECHO ApS?

ECHO ApS is registered with CVR / Virk under CVR 12423802.

What is the gross profit of ECHO ApS?

ECHO ApS reported a gross profit of DKK 24.1k in 2014.

Where is ECHO ApS headquartered?

ECHO ApS's registered address is Drejervej 3.