IST FINANS ApS

APSDissolved

CVR 19665879Ny Taastrupvej 18B, 4300 HolbækOther financial service activities, except insurance and pension funding n.e.c.· NACE 6499Est. 1996 · 29 years old— employees

Overview

IST FINANS ApS is a Danish APS based in Holbæk, operating in the Other financial service activities, except insurance and pension funding n.e.c. sector. Incorporated in 1996, the company reported a gross profit of DKK 434.9k in its latest annual filing.

Gross profit 2022

434.9K DKK

+701% vs 2021

EBITDA margin (of gross profit)

100.0 %

+701% vs 2021

Net profit 2022

371K DKK

+8448% vs 2021

Key ratios

See full ratios →

91.2 %

Very strong

Among the 20% highest rated companies in the industry

20182022

11.4×

Very strong

Among the 20% highest rated companies in the industry

20182022

74.0 %

Very strong

Among the 10% highest rated companies in the industry

20182022

EBITDA — year on year

DKK thousands

Key figures

Annual report 2022

Gross profit	434.9K DKK	+701%
EBITDA	434.9K DKK	+701%
Net profit	371K DKK	+8448%
Total assets	501K DKK	-65%
Equity	457K DKK	+4%
Employees	—	—

Financial development

In its most recent annual report (2022), IST FINANS ApS reported a gross profit of DKK 434.9k, an increase of 701% 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 371.0k, and the EBITDA margin stood at 100%.

At the end of 2022, equity financed 91.2% of the balance sheet, and current assets covered short-term debt 11.4 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2022	2021	2020	2019	2018
Gross profit	435	54	33	-46	825
Staff expenses	-0	-0	-0	-29	-0
EBITDA	435	54	33	-75	302
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	435	54	33	-75	302
Net financials	-61	-58	-64	-60	-72
Profit before tax	374	-3	-30	-135	230
Tax	3	1	-1	-0	55
Net profit	371	-4	-29	-135	175

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Balance sheet

DKK thousands

Item	2022	2021	2020	2019	2018
Total assets	501	1,426	1,442	1,468	1,649
Equity	457	441	445	475	610
Long-term debt	0	702	738	771	803
Short-term debt	44	283	259	222	237
Total debt	44	985	997	993	1,040

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20182022

Equity ratio

91.2 %

Very strong

Among the 20% highest rated companies in the industry

20182022

Return on equity

81.2 %

Very strong

Among the 20% highest rated companies in the industry

20182022

Net profit margin (of gross profit)

85.3 %

20182022

Asset turnover (of gross profit)

0.87×

20182022

Debt / equity

0.10×

Very strong

Among the 20% highest rated companies in the industry

20182022

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 20% 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 10% 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 20% 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.

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.

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 ratioVery strong

Among the 20% 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 20% 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 40% 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 ratioAverage

Around the average of companies in the same industry

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

Debt & solvency

Solidity ratioVery strong

Among the 20% 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 20% 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 20% 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 equityStrong

Among the 30% 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 coverageAverage

Around the average of companies in the same 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 equityAverage

Around the average of companies in the same 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.

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.

Annual reports & filings

Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (7)


RK Revisionsfirmaet K.Ingemann Knudsen v/Lis Ingemann Knudsen Audit	Audit	2000 – 2002
NS Natalia Simone Kobbernagel-Bowles Management	Management	1999 – 1999
LD Lone Ditlevsen Audit	Audit	2003 – 2005
OV Oksana Vinnika Kobbernagel Management	Management	2018 – 2023
PK Peter Kruse Vestergaard Management	Management	1998 – 1999
FK Finn Kobbernagel Management	Management	1999 – 2018
KH Kirsten Holme Audit	Audit	1999 – 2000

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Mark Vinnika Kobbernagel	Individual	25–33.32%	25–33.32%	2010
Daniel Kobbernagel	Individual	20–24.99%	20–24.99%	2010
Christina Kobbernagel	Individual	20–24.99%	20–24.99%	2010
Oksana Vinnika Kobbernagel	Individual	33.33–49.99%	33.33–49.99%	2020
Mia Vinnika Kobbernagel	Individual	25–33.32%	25–33.32%	2010

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 IST FINANS ApS hold no positions in other companies.

Frequently asked questions

What is the CVR number of IST FINANS ApS?

IST FINANS ApS is registered with CVR / Virk under CVR 19665879.

What is the gross profit of IST FINANS ApS?

IST FINANS ApS reported a gross profit of DKK 434.9k in 2022.

Where is IST FINANS ApS headquartered?

IST FINANS ApS's registered address is Ny Taastrupvej 18B, 1..