RADEC ApS

APSDissolved

CVR 12672276Sødalsvej 10, 8220 BrabrandInstallation of industrial machinery and equipment· NACE 3320Est. 1988 · 37 years old0 employees

Overview

RADEC ApS is a Danish APS based in Brabrand, operating in the Installation of industrial machinery and equipment sector. Incorporated in 1988, the company has 0 employees and reported revenue of DKK 185.4k in its latest annual filing.

Revenue 2022

185.4K DKK

+147% vs 2021

EBITDA margin

32.3 %

+249% vs 2021

Net profit 2022

40.8K DKK

+241% vs 2021

Key ratios

See full ratios →

93.3 %

Very strong

Among the 10% highest rated companies in the industry

20182022

14.9×

Very strong

Among the 10% highest rated companies in the industry

20182022

8.7 %

Strong

Among the 40% highest rated companies in the industry

20182022

EBITDA — year on year

DKK thousands

Key figures

Annual report 2022

Revenue	185.4K DKK	+147%
EBITDA	59.8K DKK	+249%
Net profit	40.8K DKK	+241%
Total assets	467.8K DKK	+14%
Equity	436.3K DKK	+10%
Employees	0	—

Financial development

In its most recent annual report (2022), RADEC ApS reported revenue of DKK 185.4k, an increase of 147% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of DKK 40.8k, and the EBITDA margin stood at 32.3%.

At the end of 2022, equity financed 93.3% of the balance sheet, and current assets covered short-term debt 14.9 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2022	2021	2020	2019	2018
Revenue	185	75	295	380	134
Staff expenses	-0	-0	-0	-0	-0
EBITDA	60	-40	49	135	-2
Depreciation & amort.	-4	-3	-0	-0	-0
EBIT	56	-43	49	135	-2
Net financials	-0	3	-3	-2	1
Profit before tax	55	-40	46	133	-1
Tax	14	-11	11	30	0
Net profit	41	-29	35	103	-1

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Balance sheet

DKK thousands

Item	2022	2021	2020	2019	2018
Total assets	468	410	509	502	501
Equity	436	396	475	439	336
Long-term debt	0	0	0	0	0
Short-term debt	32	14	35	63	165
Total debt	32	14	35	63	165

Financial ratios

5-year trend

EBITDA margin

32.3 %

20182022

Equity ratio

93.3 %

Very strong

Among the 10% highest rated companies in the industry

20182022

Return on equity

9.4 %

Average

Around the average of companies in the same industry

20182022

Net profit margin

22.0 %

Very strong

Among the 20% highest rated companies in the industry

20182022

Asset turnover

0.40×

Weak

Among the 30% lowest rated companies in the industry

20182022

Debt / equity

0.07×

Very strong

Among the 10% highest rated companies in the industry

20182022

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginAverage

Around the average of companies in the same 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 strong

Among the 10% highest 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 strong

Among the 20% highest 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)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 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.

Liquidity

Current ratioVery strong

Among the 10% 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 ratioVery strong

Among the 10% 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 10% 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 equityStrong

Among the 30% 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 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 ratioStrong

Among the 40% highest rated companies in the industry

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

Debt & solvency

Solidity ratioVery strong

Among the 10% 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 ratioVery strong

Among the 10% 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 equityVery strong

Among the 10% 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 equityVery strong

Among the 10% highest rated companies in the industry

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

Income to debtVery strong

Among the 10% highest rated companies in the industry

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

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

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

Interest coverageVery strong

Among the 10% 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

Asset turnoverWeak

Among the 30% lowest rated companies in the industry

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

Equity to contributed capitalAverage

Around the average of companies in the same 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 40% 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.

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 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
Annual report 2018
Filed via CVR / Virk · Period 2017-05-01 – 2018-04-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (6)


EB Erik Beck Uggerhøj Management	Management	1999 – 2013
HK Henning Krabbe Audit	Audit	1988 – 2007
ET Erik Tronborg Andersen Audit	Audit	1988 – 1989
HU Hanne Uggerhøj Chief Executive Officer	Chief Executive Officer	2013 – 2023
SS Susanne Saul Stakemann Management	Management	1988 – 1989
RG Revisionsfirmaet Gerner Jensen Audit	Audit	2007 – 2010

Board of directors

Non-executive oversight

Name	Role	Member since

Former (7)


TU Trine Uggerhøj Board of Directors	Board of Directors	1999 – 2023
UI Ulrik Ingerslev Uggerhøj Board of Directors	Board of Directors	2013 – 2023
EB Erik Beck Uggerhøj Board of Directors	Board of Directors	1988 – 2013
PE Per Emil Hasselbalch Stakemann Board of Directors	Board of Directors	1988 – 1989
PM Paul Marie Siffert Board of Directors	Board of Directors	1988 – 2001
HU Hanne Uggerhøj Chairman	Chairman	2013 – 2023
NA Niels Aage Koch Hertel Board of Directors	Board of Directors	1988 – 1997

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Hanne Uggerhøj	Individual	100%	100%	2013

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

No registered parent or subsidiaries

Board network connections

Board members of RADEC ApS also hold positions in 294 other companies.

Person	Role here	Other companies
Per Emil Hasselbalch Stakemann	Board of Directors	236 companiesMany roles
Susanne Saul Stakemann	Management	56 companiesMany roles
Erik Tronborg Andersen	Audit	2 companies

Frequently asked questions

What is the CVR number of RADEC ApS?

RADEC ApS is registered with CVR / Virk under CVR 12672276.

What is the revenue of RADEC ApS?

RADEC ApS reported revenue of DKK 185.4k in 2022.

Where is RADEC ApS headquartered?

RADEC ApS's registered address is Sødalsvej 10.