THISTED ApS

APSBankruptAdvertising protection

CVR 20032782Knirren 26, 9340 AsaaEngineering activities and related technical consultancy· NACE 7112Est. 1997 · 29 years old2 employees

Overview

THISTED ApS is a Danish APS based in Asaa, operating in the Engineering activities and related technical consultancy sector. Incorporated in 1997, the company has 2 employees and reported a gross profit of DKK 2.0m in its latest annual filing.

Gross profit 2018

2M DKK

+453% vs 2017

EBITDA margin (of gross profit)

66.9 %

+4991% vs 2017

Net profit 2018

1.1M DKK

+643% vs 2017

Key ratios

See full ratios →

34.3 %

Weak

Among the 40% lowest rated companies in the industry

20142018

2.0×

Average

Around the average of companies in the same industry

20142018

86.8 %

Very strong

Among the 10% highest rated companies in the industry

20142018

EBITDA — year on year

DKK thousands

Key figures

Annual report 2018

Gross profit	2M DKK	+453%
EBITDA	1.3M DKK	+4991%
Net profit	1.1M DKK	+643%
Total assets	1.2M DKK	+187%
Equity	0.4M DKK	+574%
Employees	2	—

Contact

Address

Knirren 26, 9340 Asaa

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Active — opted out of marketing use

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Financial development

In its most recent annual report (2018), THISTED ApS reported a gross profit of DKK 2.0m, an increase of 453% on the year before. The figures on this page draw on 5 annual filings covering 2014 to 2018. The bottom line showed a net profit of DKK 1.1m, and the EBITDA margin stood at 66.9%.

At the end of 2018, equity financed 34.3% of the balance sheet, and current assets covered short-term debt 2 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2018	2017	2016	2015	2014
Gross profit	1,970	356	1,020	570	2,602
Staff expenses	-652	-383	-759	-810	-1,068
EBITDA	1,319	-27	261	-240	1,533
Depreciation & amort.	-3	-143	-106	-140	-109
EBIT	1,316	-170	155	-380	1,424
Net financials	-8	-33	-28	-8	-6
Profit before tax	1,308	-203	127	-389	1,418
Tax	252	-9	28	-85	346
Net profit	1,056	-194	99	-304	1,072

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Balance sheet

DKK thousands

Item	2018	2017	2016	2015	2014
Total assets	1,217	424	1,127	827	1,830
Equity	418	62	256	157	736
Long-term debt	196	0	700	492	260
Short-term debt	603	362	162	177	768
Total debt	799	362	862	669	1,029

Financial ratios

5-year trend

EBITDA margin (of gross profit)

66.9 %

20142018

Equity ratio

34.3 %

Weak

Among the 40% lowest rated companies in the industry

20142018

Return on equity

252.6 %

Very strong

Among the 10% highest rated companies in the industry

20142018

Net profit margin (of gross profit)

53.6 %

20142018

Asset turnover (of gross profit)

1.62×

20142018

Debt / equity

1.91×

Very weak

Among the 20% lowest rated companies in the industry

20142018

Sector performance

23 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 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 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 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 ratioVery strong

Among the 10% 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 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 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 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 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 ratioWeak

Among the 40% 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 40% 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 debtVery strong

Among the 20% 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 20% 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 marginVery strong

Among the 10% 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 equityVery strong

Among the 10% 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 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.

Annual reports & filings

Annual report 2018
Filed via CVR / Virk · Period 2017-10-01 – 2018-09-30
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-10-01 – 2017-09-30
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2015-10-01 – 2016-09-30
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2014-10-01 – 2015-09-30
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2013-10-01 – 2014-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


PE Per Emil Hasselbalch Stakemann Management	Management	1997 – 1997
ET Erik Tronborg Andersen Audit	Audit	1997 – 1997
PT Peter Thisted Management	Management	1997 – 2019

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Peter Thisted	Individual	100%	100%	1997

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 THISTED ApS also hold positions in 238 other companies.

Person	Role here	Other companies
Per Emil Hasselbalch Stakemann	Management	236 companiesMany roles
Erik Tronborg Andersen	Audit	2 companies

Frequently asked questions

What is the CVR number of THISTED ApS?

THISTED ApS is registered with CVR / Virk under CVR 20032782.

What is the gross profit of THISTED ApS?

THISTED ApS reported a gross profit of DKK 2.0m in 2018.

How many employees does THISTED ApS have?

THISTED ApS employs 2 people as of the latest annual report.

Where is THISTED ApS headquartered?

THISTED ApS's registered address is Knirren 26.