Kruse Print System A/S

A/SDissolved

CVR 19914739Suderbovej 22-24, 9900 FrederikshavnOther software publishing· NACE 5829Est. 1997 · 29 years old— employees

Overview

Kruse Print System A/S is a Danish A/S based in Frederikshavn, operating in the Other software publishing sector. Incorporated in 1997, the company reported revenue of DKK 5.9m in its latest annual filing.

Revenue 2013

5.9M DKK

−5% vs 2012

EBITDA margin

26.1 %

−17% vs 2012

Net profit 2013

1M DKK

-7% vs 2012

Key ratios

See full ratios →

27.0 %

Average

Around the average of companies in the same industry

20122013

1.3×

Average

Around the average of companies in the same industry

20122013

18.2 %

Strong

Among the 30% highest rated companies in the industry

20122013

EBITDA — year on year

DKK thousands

Key figures

Annual report 2013

Revenue	5.9M DKK	-5%
EBITDA	1.5M DKK	-17%
Net profit	1M DKK	-7%
Total assets	5.6M DKK	+2%
Equity	1.5M DKK	-5%
Employees	—	—

Financial development

In its most recent annual report (2013), Kruse Print System A/S reported revenue of DKK 5.9m, a decrease of 5% on the year before. The figures on this page draw on 2 annual filings covering 2012 to 2013. The bottom line showed a net profit of DKK 1.0m, and the EBITDA margin stood at 26.1%.

At the end of 2013, equity financed 27% of the balance sheet, and current assets covered short-term debt 1.3 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2013	2012
Revenue	5,936	6,250
Staff expenses	-1,933	-1,865
EBITDA	1,549	1,873
Depreciation & amort.	226	447
EBIT	1,323	1,426
Net financials	52	52
Profit before tax	1,375	1,478
Tax	348	376
Net profit	1,027	1,102

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Balance sheet

DKK thousands

Item	2013	2012
Total assets	5,647	5,554
Equity	1,527	1,602
Long-term debt	0	0
Short-term debt	4,105	3,881
Total debt	4,105	3,881

Financial ratios

5-year trend

EBITDA margin

26.1 %

20122013

Equity ratio

27.0 %

Average

Around the average of companies in the same industry

20122013

Return on equity

67.3 %

Very strong

Among the 20% highest rated companies in the industry

20122013

Net profit margin

17.3 %

Strong

Among the 30% highest rated companies in the industry

20122013

Asset turnover

1.05×

Average

Around the average of companies in the same industry

20122013

Debt / equity

2.70×

Weak

Among the 30% lowest rated companies in the industry

20122013

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginStrong

Among the 40% 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 20% 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 marginStrong

Among the 30% 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)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)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)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)Strong

Among the 30% 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 ratioVery strong

Among the 20% 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.

Liquidity

Current ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 ratioStrong

Among the 40% 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 equityVery weak

Among the 20% 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 capitalAverage

Around the average of companies in the same 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 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 equityWeak

Among the 30% 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 40% 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 coverageVery strong

Among the 20% 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 turnoverAverage

Around the average of companies in the same industry

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

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 debtAverage

Around the average of companies in the same 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 2013
Filed via CVR / Virk · Period 2012-07-01 – 2013-06-30
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-07-01 – 2012-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


JK Johan Kruse Management	Management	1997 – 2006
HC Hans Christian Højslet Management	Management	2006 – 2014

Board of directors

Non-executive oversight

Name	Role	Member since

Former (11)


JK Johan Kruse Board of Directors	Board of Directors	1997 – 2006
OP Orla Pedersen Board of Directors	Board of Directors	2007 – 2012
BG Bente Gylling Kruse Board of Directors	Board of Directors	1997 – 2006
AB Andreas Borup Christensen Board of Directors	Board of Directors	2006 – 2007
LQ Lars Qvortrup Board of Directors	Board of Directors	2012 – 2014
KM Kjeld Møller Pedersen Board of Directors	Board of Directors	2012 – 2014
JG Jesper Gad Christensen Board of Directors	Board of Directors	2012 – 2014
HC Hans Christian Højslet Board of Directors	Board of Directors	2006 – 2012
KT Klaus Thorup Pedersen Board of Directors	Board of Directors	2006 – 2012
BP Børge Petersen Board of Directors	Board of Directors	1997 – 2006
HJ Hans Jørgen Kaptain Chairman	Chairman	2012 – 2014

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Kruse Print System A/S also hold positions in 39 other companies.

Person	Role here	Other companies
Hans Jørgen Kaptain	Chairman	21 companiesMany roles
Lars Qvortrup	Board of Directors	5 companies
Andreas Borup Christensen	Board of Directors	4 companies
Orla Pedersen	Board of Directors	3 companies
Kjeld Møller Pedersen	Board of Directors	3 companies
Johan Kruse	Management	1 company
Hans Christian Højslet	Management	1 company
Børge Petersen	Board of Directors	1 company

Kruse Print System A/S

Overview

Financial development

Financials

People & ownership

Related companies

Frequently asked questions

Overview

Financial development

Financials

People & ownership

Related companies

Frequently asked questions