SEL FINANS ApS

Q: What is the CVR number of SEL FINANS ApS?

SEL FINANS ApS is registered with CVR / Virk under CVR 12518609.

Q: What is the gross profit of SEL FINANS ApS?

SEL FINANS ApS reported a gross profit of -DKK 7.4k in 2022.

Q: Where is SEL FINANS ApS headquartered?

SEL FINANS ApS's registered address is Brombærvænget 3.

APSDissolvedAdvertising protection

CVR 12518609Brombærvænget 3, 8464 GaltenOther financial service activities, except insurance and pension funding n.e.c.· NACE 6499Est. 1988 · 38 years old— employees

Overview

SEL FINANS ApS is a Danish APS based in Galten, operating in the Other financial service activities, except insurance and pension funding n.e.c. sector. Incorporated in 1988, the company reported a gross profit of -DKK 7.4k in its latest annual filing.

Gross profit 2022

-7.4K DKK

−1478% vs 2021

EBITDA margin (of gross profit)

100.0 %

−1478% vs 2021

Net profit 2022

-8.2K DKK

-2648% vs 2021

Key ratios

See full ratios →

73.9 %

Strong

Among the 40% highest rated companies in the industry

20182022

3.8×

Strong

Among the 30% highest rated companies in the industry

20182022

-6.4 %

Weak

Among the 40% lowest rated companies in the industry

20182022

EBITDA — year on year

DKK

Key figures

Annual report 2022

Gross profit	-7.4K DKK	-1478%
EBITDA	-7.4K DKK	-1478%
Net profit	-8.2K DKK	-2648%
Total assets	128.4K DKK	-6%
Equity	94.9K DKK	-8%
Employees	—	—

Contact

Address

Brombærvænget 3, 8464 Galten

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2022), SEL FINANS ApS reported a gross profit of -DKK 7.4k, a decrease of 1478% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net loss of DKK 8.2k.

At the end of 2022, equity financed 73.9% of the balance sheet, and current assets covered short-term debt 3.8 times.

Financials

Gross profit

DKK

EBITDA

DKK

Income statement

DKK thousands

Item	2022	2021	2020	2019	2018
Gross profit	-7	1	-5	-7	-9
Staff expenses	-0	-0	-0	-0	-0
EBITDA	-7	1	-5	-7	-9
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-7	1	-5	-7	-9
Net financials	-1	-1	-0	-0	0
Profit before tax	-8	-0	-5	-7	-9
Tax	-0	-0	-0	-0	-0
Net profit	-8	-0	-5	-7	-9

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Balance sheet

DKK thousands

Item	2022	2021	2020	2019	2018
Total assets	128	137	135	115	122
Equity	95	103	103	109	116
Long-term debt	0	0	0	0	0
Short-term debt	34	34	32	6	6
Total debt	34	34	32	6	6

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20182022

Equity ratio

73.9 %

Strong

Among the 40% highest rated companies in the industry

20182022

Return on equity

-8.6 %

Weak

Among the 30% lowest rated companies in the industry

20182022

Net profit margin (of gross profit)

<−999 %

20182022

Asset turnover (of gross profit)

-0.06×

20182022

Debt / equity

0.35×

Strong

Among the 40% highest rated companies in the industry

20182022

Sector performance

22 of 28 ratios graded

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

Profitability

Return on equity (ROE)Weak

Among the 30% 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 40% 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)Weak

Among the 30% 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.

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.

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 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 ratioVery strong

Among the 20% 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 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 30% 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 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 equityStrong

Among the 40% 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 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 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 30% lowest rated companies in the 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 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 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

Equity to contributed capitalWeak

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

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

One-year change in debtAverage

Around the average of companies in the same 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 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
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

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


SE Svend Erik Underbjerg Management	Management	1988 – 2023
PE Per Emil Hasselbalch Stakemann Management	Management	1988 – 1989
ET Erik Tronborg Andersen Audit	Audit	1988 – 1989
JD Jørgen Dam Østergaard Audit	Audit	1988 – 2006

Board of directors

Non-executive oversight

Name	Role	Member since

Former (6)


US Ulf Svejgaard Poulsen Board of Directors	Board of Directors	1988 – 1989
SE Svend Erik Underbjerg Board of Directors	Board of Directors	1988 – 1990
LS Liane Skovgaard Underbjerg Board of Directors	Board of Directors	1988 – 1990
PE Per Emil Hasselbalch Stakemann Board of Directors	Board of Directors	1988 – 1989
JS Jens Skovgaard Christiansen Chairman	Chairman	1988 – 1990
SS Susanne Saul Stakemann Chairman	Chairman	1988 – 1989

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Svend Erik Underbjerg	Individual	100%	100%	1998

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of SEL FINANS ApS also hold positions in 299 other companies.

Person	Role here	Other companies
Per Emil Hasselbalch Stakemann	Management	236 companiesMany roles
Susanne Saul Stakemann	Chairman	56 companiesMany roles
Ulf Svejgaard Poulsen	Board of Directors	3 companies
Erik Tronborg Andersen	Audit	2 companies
Svend Erik Underbjerg	Management	1 company
Jørgen Dam Østergaard	Audit	1 company

Frequently asked questions

What is the CVR number of SEL FINANS ApS?

SEL FINANS ApS is registered with CVR / Virk under CVR 12518609.

What is the gross profit of SEL FINANS ApS?

SEL FINANS ApS reported a gross profit of -DKK 7.4k in 2022.

Where is SEL FINANS ApS headquartered?

SEL FINANS ApS's registered address is Brombærvænget 3.