PAPE ApS

APSDissolved

CVR 20080140Parkvej 12, 6950 RingkøbingRetail sale of clothing· NACE 4771Est. 1997 · 29 years old— employees

Overview

PAPE ApS is a Danish APS based in Ringkøbing, operating in the Retail sale of clothing sector. Incorporated in 1997, the company reported revenue of DKK 0 in its latest annual filing.

Revenue 2014

0K DKK

EBITDA margin

—

Net profit 2014

13.5K DKK

-72% vs 2013

Key ratios

See full ratios →

97.5 %

Very strong

Among the 10% highest rated companies in the industry

20122014

39.8×

Very strong

Among the 10% highest rated companies in the industry

20122014

6.9 %

Strong

Among the 40% highest rated companies in the industry

20122014

EBITDA — year on year

DKK

Key figures

Annual report 2014

Revenue	0K DKK	—
EBITDA	-0.1K DKK	-89%
Net profit	13.5K DKK	-72%
Total assets	195.3K DKK	+10%
Equity	190.4K DKK	+8%
Employees	—	—

Financial development

In its most recent annual report (2014), PAPE ApS reported revenue of DKK 0. The figures on this page draw on 3 annual filings covering 2012 to 2014. The bottom line showed a net profit of DKK 13.5k.

At the end of 2014, equity financed 97.5% of the balance sheet, and current assets covered short-term debt 39.8 times.

Financials

Revenue

DKK

EBITDA

DKK

Income statement

DKK thousands

Item	2014	2013	2012
Revenue	0	0	0
Staff expenses	-0	-0	-0
EBITDA	-0	-0	-1
Depreciation & amort.	-0	-0	-0
EBIT	-0	-0	-1
Net financials	18	63	17
Profit before tax	18	63	16
Tax	4	16	4
Net profit	13	48	12

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Balance sheet

DKK thousands

Item	2014	2013	2012
Total assets	195	177	129
Equity	190	177	129
Long-term debt	0	0	0
Short-term debt	5	1	0
Total debt	5	1	0

Financial ratios

5-year trend

EBITDA margin

<−999 %

20122014

Equity ratio

97.5 %

Very strong

Among the 10% highest rated companies in the industry

20122014

Return on equity

7.1 %

Average

Around the average of companies in the same industry

20122014

Net profit margin

>999 %

20122014

Asset turnover

0.00×

Very weak

Among the 10% lowest rated companies in the industry

20122014

Debt / equity

0.03×

Very strong

Among the 10% highest rated companies in the industry

20122014

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)Average

Around the average of companies in the same 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 40% 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)Average

Around the average of companies in the same 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)Weak

Among the 40% lowest 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 10% 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 10% 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 equityVery strong

Among the 20% 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 ratioVery weak

Among the 10% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioVery strong

Among the 10% 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 10% 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 10% 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 equityVery strong

Among the 10% 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 debtWeak

Among the 40% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 40% 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.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverVery weak

Among the 10% lowest 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 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 weak

Among the 10% lowest 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 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (5)


BG Birgit Grønborg Pape Management	Management	2013 – 2015
HA Harry Aamann Audit	Audit	1997 – 1997
PB Preben Bang Henriksen Management	Management	1997 – 1997
PH Per Holck Pape Management	Management	1997 – 2013
LØ Lars Ørgaard Buhl Management	Management	1997 – 2003

Board of directors

Non-executive oversight

No data on file.

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.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of PAPE ApS also hold positions in 283 other companies.

Person	Role here	Other companies
Preben Bang Henriksen	Management	274 companiesMany roles
Harry Aamann	Audit	7 companiesMany roles
Lars Ørgaard Buhl	Management	2 companies

Frequently asked questions

What is the CVR number of PAPE ApS?

PAPE ApS is registered with CVR / Virk under CVR 20080140.

Where is PAPE ApS headquartered?

PAPE ApS's registered address is Parkvej 12.