Min Tank ApS

APSActive

CVR 12899351Karl Olsvigsvej 12, 3951 QasigiannguitRetail sale of automotive fuel· NACE 4730Est. 2017 · 9 years old— employees

Overview

Min Tank ApS is a Danish APS based in Qasigiannguit, operating in the Retail sale of automotive fuel sector. Incorporated in 2017, the company reported a gross profit of DKK 7.0m in its latest annual filing.

Gross profit 2025

7M DKK

+157% vs 2024

EBITDA margin (of gross profit)

26.5 %

+140% vs 2024

Net profit 2025

0.9M DKK

+270% vs 2024

Key ratios

See full ratios →

13.8 %

Weak

Among the 30% lowest rated companies in the industry

20212025

0.6×

Very weak

Among the 20% lowest rated companies in the industry

20212025

18.6 %

Very strong

Among the 20% highest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	7M DKK	+157%
EBITDA	1.9M DKK	+140%
Net profit	0.9M DKK	+270%
Total assets	5M DKK	+78%
Equity	0.7M DKK	+387%
Employees	—	—

Financial development

In its most recent annual report (2025), Min Tank ApS reported a gross profit of DKK 7.0m, an increase of 157% 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 937.3k, and the EBITDA margin stood at 26.5%.

At the end of 2025, equity financed 13.8% 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	2025	2024	2023	2022	2021
Gross profit	6,984	2,722	2,321	2,375	1,610
Staff expenses	-4,291	-1,849	-1,483	-1,216	-1,090
EBITDA	1,854	774	838	1,159	520
Depreciation & amort.	-306	-145	-168	-271	-266
EBIT	1,548	628	669	887	253
Net financials	-276	-288	-250	-252	-237
Profit before tax	1,273	341	419	636	16
Tax	335	87	108	31	15
Net profit	937	253	311	604	1

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	5,040	2,828	2,742	2,593	2,548
Equity	695	-242	-495	-806	-1,410
Long-term debt	509	305	453	906	864
Short-term debt	3,836	2,765	2,785	2,493	3,094
Total debt	4,345	3,070	3,238	3,399	3,958

Financial ratios

5-year trend

EBITDA margin (of gross profit)

26.5 %

20212025

Equity ratio

13.8 %

Weak

Among the 30% lowest rated companies in the industry

20212025

Return on equity

134.8 %

Very strong

Among the 10% highest rated companies in the industry

20212025

Net profit margin (of gross profit)

13.4 %

20212025

Asset turnover (of gross profit)

1.39×

20212025

Debt / equity

6.25×

Very weak

Among the 20% lowest rated companies in the industry

20212025

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)Very strong

Among the 10% highest 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)Very strong

Among the 20% 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)Very strong

Among the 10% highest 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)Very strong

Among the 20% 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 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 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 30% 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 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 strong

Among the 20% highest rated companies in the industry

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

Debt & solvency

Solidity ratioWeak

Among the 30% lowest 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 ratioWeak

Among the 30% lowest 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 weak

Among the 20% lowest 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 weak

Among the 20% lowest rated companies in the industry

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

Income to debtStrong

Among the 30% highest rated companies in the industry

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

EBITDA to debtStrong

Among the 30% highest rated companies in the industry

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

Interest coverageStrong

Among the 40% highest rated companies in the industry

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

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

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

Interest marginVery strong

Among the 20% 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 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 debtVery weak

Among the 20% 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.

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 2025
Filed via CVR / Virk · Period 2024-07-01 – 2025-06-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-07-01 – 2024-06-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-07-01 – 2023-06-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-07-01 – 2022-06-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
MK Mariane Karla Petersen Kristensen Management	Management	2017
KA Knud Aron Gundel Kristensen Management	Management	2017

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
MK Mariane Karla Petersen Kristensen Board of Directors	Board of Directors	2017
KA Knud Aron Gundel Kristensen Board of Directors	Board of Directors	2017

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Mariane Karla Petersen Kristensen	Individual	50–66.65%	50–66.65%	2017
Knud Aron Gundel Kristensen	Individual	50–66.65%	50–66.65%	2017

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Min Tank ApS hold no positions in other companies.

Frequently asked questions

What is the CVR number of Min Tank ApS?

Min Tank ApS is registered with CVR / Virk under CVR 12899351.

What is the gross profit of Min Tank ApS?

Min Tank ApS reported a gross profit of DKK 7.0m in 2025.

Where is Min Tank ApS headquartered?

Min Tank ApS's registered address is Karl Olsvigsvej 12.