KV VARMESERVICE ApS

APSDissolved

CVR 13529892Skanderborgvej 202, 8382 HinnerupOther financial service activities, except insurance and pension funding n.e.c.· NACE 6499Est. 1989 · 37 years old2 employees

Overview

KV VARMESERVICE ApS is a Danish APS based in Hinnerup, operating in the Other financial service activities, except insurance and pension funding n.e.c. sector. Incorporated in 1989, the company has 2 employees and reported revenue of DKK 30.4k in its latest annual filing.

Revenue 2025

30.4K DKK

−79% vs 2024

EBITDA margin

119.4 %

+142% vs 2024

Net profit 2025

37.3K DKK

+159% vs 2024

Key ratios

See full ratios →

96.4 %

Average

Around the average of companies in the same industry

20212025

26.2×

Strong

Among the 40% highest rated companies in the industry

20212025

6.7 %

Strong

Among the 30% highest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Revenue	30.4K DKK	-79%
EBITDA	36.2K DKK	+142%
Net profit	37.3K DKK	+159%
Total assets	554.2K DKK	-13%
Equity	534.2K DKK	+8%
Employees	2	—

Financial development

In its most recent annual report (2025), KV VARMESERVICE ApS reported revenue of DKK 30.4k, a decrease of 79% 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 37.3k, and the EBITDA margin stood at 119.4%.

At the end of 2025, equity financed 96.4% of the balance sheet, and current assets covered short-term debt 26.2 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Revenue	30	146	375	430	472
Staff expenses	-4	-233	-310	-340	-331
EBITDA	36	-86	64	90	140
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	36	-86	64	90	140
Net financials	13	32	2	-43	46
Profit before tax	50	-55	66	47	186
Tax	12	9	15	10	41
Net profit	37	-64	51	37	145

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	554	640	849	866	925
Equity	534	497	619	626	645
Long-term debt	0	0	0	0	0
Short-term debt	20	143	229	240	280
Total debt	20	143	229	240	280

Financial ratios

5-year trend

EBITDA margin

119.4 %

20212025

Equity ratio

96.4 %

Average

Around the average of companies in the same industry

20212025

Return on equity

7.0 %

Strong

Among the 40% highest rated companies in the industry

20212025

Net profit margin

122.9 %

Very strong

Among the 20% highest rated companies in the industry

20212025

Asset turnover

0.05×

Very strong

Among the 20% highest rated companies in the industry

20212025

Debt / equity

0.04×

Average

Around the average of companies in the same industry

20212025

Sector performance

26 of 28 ratios graded

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

Profitability

Gross marginVery strong

Among the 10% highest rated companies in the 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)Strong

Among the 40% 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)Strong

Among the 30% 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)Strong

Among the 40% 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 10% 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 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 40% 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 40% 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 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 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 capitalStrong

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

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

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same 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.

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 debtStrong

Among the 40% 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 30% 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 turnoverVery strong

Among the 20% highest rated companies in the industry

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

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 equityStrong

Among the 30% 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 strong

Among the 10% highest 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 2025
Filed via CVR / Virk · Period 2024-07-01 – 2025-06-30
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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

Former (3)


RT Revisionsfirmaet Tage Bundgaard Audit	Audit	1989 – 1994
PB Preben Bang Henriksen Management	Management	1989 – 1991
NE Niels Erik Elleskov Jensen Management	Management	1989 – 2026

Board of directors

Non-executive oversight

Name	Role	Member since

Former (7)


LS Leif Slyngbom Jørgensen Board of Directors	Board of Directors	1989 – 2001
MG Mogens Gaardboe Bertelsen Board of Directors	Board of Directors	1989 – 1991
PB Preben Bang Henriksen Board of Directors	Board of Directors	1989 – 1991
NE Niels Erik Elleskov Jensen Board of Directors	Board of Directors	1989 – 2004
KA Kaj Arne Elleskov Jensen Board of Directors	Board of Directors	1989 – 2004
BB Birgit Bak Board of Directors	Board of Directors	2001 – 2004
LM Lone Mai Henriksen Board of Directors	Board of Directors	1989 – 1991

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Niels Erik Elleskov Jensen	Individual	100%	100%	1989

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 KV VARMESERVICE ApS also hold positions in 278 other companies.

Person	Role here	Other companies
Preben Bang Henriksen	Management	274 companiesMany roles
Birgit Bak	Board of Directors	3 companies
Niels Erik Elleskov Jensen	Management	1 company

Frequently asked questions

What is the CVR number of KV VARMESERVICE ApS?

KV VARMESERVICE ApS is registered with CVR / Virk under CVR 13529892.

What is the revenue of KV VARMESERVICE ApS?

KV VARMESERVICE ApS reported revenue of DKK 30.4k in 2025.

How many employees does KV VARMESERVICE ApS have?

KV VARMESERVICE ApS employs 2 people as of the latest annual report.

Where is KV VARMESERVICE ApS headquartered?

KV VARMESERVICE ApS's registered address is Skanderborgvej 202.