Neurodan A/S is a Danish A/S based in Aalborg, operating in the Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik sector. Incorporated in 1994, the company has 4 employees and reported revenue of DKK 5.8m in its latest annual filing.
| Revenue | 5.8M DKK | +8% |
| EBITDA | 0.1M DKK | +100% |
| Net profit | -0M DKK | +100% |
| Total assets | 2.4M DKK | -75% |
| Equity | -15.7M DKK | +28% |
| Employees | 4 | — |
In its most recent annual report (2017), Neurodan A/S reported revenue of DKK 5.8m, an increase of 8% on the year before. The figures on this page draw on 5 annual filings covering 2013 to 2017. The bottom line showed a net loss of DKK 11.6k, and the EBITDA margin stood at 0.9%.
At the end of 2017, current assets covered short-term debt 0.1 times.
| Item | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Revenue | 5,783 | 5,346 | 17,410 | 18,188 | 16,201 |
| Staff expenses | -1,887 | -36,647 | -26,854 | -31,384 | -25,966 |
| EBITDA | 52 | -47,003 | -22,899 | -27,527 | -33,433 |
| Depreciation & amort. | -30 | -411 | -751 | -1,154 | -1,296 |
| EBIT | 23 | -47,414 | -23,649 | -28,680 | -34,729 |
| Net financials | -34 | -65 | -2,131 | -2,978 | -2,247 |
| Profit before tax | -12 | -47,479 | -25,781 | -31,659 | -36,976 |
| Tax | -0 | -825 | -2,313 | -2,500 | -0 |
| Net profit | -12 | -46,654 | -23,468 | -29,159 | -36,976 |
| Item | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Total assets | 2,388 | 9,487 | 13,624 | 11,601 | 6,991 |
| Equity | -15,747 | -21,761 | -160,288 | -136,820 | -107,661 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 18,136 | 31,249 | 171,937 | 146,603 | 113,173 |
| Total debt | 18,136 | 31,249 | 171,937 | 146,603 | 113,173 |
28 financial ratios from the latest filing, each graded against 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.
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 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.
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.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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 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 |
|---|
PC Chief Executive Officer | Chief Executive Officer | 2004 – 2006 |
JL Management | Management | 2003 – 2004 |
MK Management | Management | 1996 – 2001 |
JS Chief Executive Officer | Chief Executive Officer | 2012 – 2014 |
BH Chief Executive Officer | Chief Executive Officer | 2014 – 2017 |
MM Liquidator | Liquidator | 2017 – 2018 |
MR Chief Executive Officer | Chief Executive Officer | 2010 – 2012 |
SB Management | Management | 1994 – 1996 |
JN Chief Executive Officer | Chief Executive Officer | 2006 – 2010 |
GY Chief Executive Officer | Chief Executive Officer | 2001 – 2003 |
| Name | Role | Member since |
|---|
ST Board of Directors | Board of Directors | 2000 – 2001 |
MW Board of Directors | Board of Directors | 2005 – 2011 |
AS Board of Directors | Board of Directors | 2012 – 2016 |
RS Board of Directors | Board of Directors | 2005 – 2017 |
EM Board of Directors | Board of Directors | 1994 – 1995 |
JL Chairman | Chairman | 1999 – 2003 |
AD Board of Directors | Board of Directors | 2006 – 2014 |
SI Chairman | Chairman | 1994 – 1996 |
MK Board of Directors | Board of Directors | 1996 – 2001 |
HJ Board of Directors | Board of Directors | 2001 – 2003 |
SE Chairman | Chairman | 2003 – 2004 |
FP Board of Directors | Board of Directors | 2004 – 2005 |
AR Board of Directors | Board of Directors | 2016 – 2017 |
SB Chairman | Chairman | 1994 – 1999 |
PE Board of Directors | Board of Directors | 2003 – 2005 |
TS Board of Directors | Board of Directors | 2001 – 2005 |
MB Chairman | Chairman | 2004 – 2005 |
JV Board of Directors | Board of Directors | 2014 – 2016 |
SS Board of Directors | Board of Directors | 2001 – 2005 |
HD Chairman | Chairman | 2005 – 2017 |
KR Chairman | Chairman | 1994 – 1995 |
JP Board of Directors | Board of Directors | 1994 – 1996 |
GT Board of Directors | Board of Directors | 2001 – 2005 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
nstim Services GmbH | Company | 100% | 100% | 2015 |
| Company | 100% | 100% | 2005 |
| Person | Role here | Other companies |
|---|---|---|
| Jens Lübeck Johansen | Management | 17 companiesMany roles |
| Michael Møller Holm Pedersen | Liquidator | 10 companiesMany roles |
| Thomas Sinkjær | Board of Directors | 9 companiesMany roles |
| Morten Kristian Haugland | Management | 7 companiesMany roles |
| Michael Bo Pålsson | Chairman | 6 companiesMany roles |
| Søren Isaksen | Chairman | 5 companies |
| Gudmund Tyge Korsgaard | Board of Directors | 5 companies |
| Bo Hammer Pedersen | Chief Executive Officer | 4 companies |
| Hans Jørgen Pedersen | Board of Directors | 4 companies |
| Flemming Pedersen | Board of Directors | 4 companies |
| Steen Ernland | Chairman | 3 companies |
| Jesper Nielsen | Chief Executive Officer | 2 companies |
| Søren Thestrup Nielsen | Board of Directors | 1 company |
| Søren Schifter | Board of Directors | 1 company |
| Jens Peter Haase | Board of Directors | 1 company |