PANAS ApS
APSActiveCVR 12692331Esthersvej 5, 2900 HellerupRetail sale of furniture, lighting equipment, tableware and other household goods· NACE 4755Est. 1988 · 37 years old1 employeeshttps://www.panas.dk
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Riskpilot← Back to searchSign inGet full accessPANAS ApS is a Danish APS based in Hellerup, operating in the Retail sale of furniture, lighting equipment, tableware and other household goods sector. Incorporated in 1988, the company has 1 employee and reported a gross profit of DKK 16.7k in its latest annual filing.
| Gross profit | 16.7K DKK | -91% |
| EBITDA | 12.2K DKK | -91% |
| Net profit | 8.7K DKK | -94% |
| Total assets | 347.2K DKK | -16% |
| Equity | -293.1K DKK | +3% |
| Employees | 1 | — |
In its most recent annual report (2025), PANAS ApS reported a gross profit of DKK 16.7k, a decrease of 91% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 8.7k, and the EBITDA margin stood at 72.9%.
At the end of 2025, current assets covered short-term debt 0.5 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 17 | 185 | 90 | 108 | 286 |
| Staff expenses | -5 | -45 | -218 | -196 | -228 |
| EBITDA | 12 | 141 | -128 | -88 | 57 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -19 |
| EBIT | 12 | 141 | -128 | -88 | 38 |
| Net financials | -3 | 4 | -3 | 1 | -3 |
| Profit before tax | 9 | 144 | -131 | -87 | 35 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 9 | 144 | -131 | -87 | 35 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 347 | 415 | 408 | 504 | 675 |
| Equity | -293 | -302 | -446 | -315 | -228 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 640 | 717 | 854 | 819 | 903 |
| Total debt | 640 | 717 | 854 | 819 | 903 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
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 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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
PA Management | Management | 1988 |
KV Founder | Founder | 1988 |
PD Founder | Founder | 1988 |
ET Management | Management | 1988 – 2001 |
BB Management | Management | 1988 – 1996 |
| Name | Role | Member since |
|---|
PA Board of Directors | Board of Directors | 1988 – 2001 |
MT Board of Directors | Board of Directors | 1988 – 2000 |
ET Board of Directors | Board of Directors | 1988 – 2000 |
PN Board of Directors | Board of Directors | 1988 – 2001 |
BB Board of Directors | Board of Directors | 1988 – 2001 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 100% | 100% | 1994 |
| Person | Role here | Other companies |
|---|---|---|
| Erik Tommy Jørgensen | Management | 1 company |