ApS BYGGECENTER, HERNING

APSActive

CVR 21108413Rossinisvej 14, 7400 HerningRental and operating of own or leased real estate· NACE 6820Est. 1961 · 65 years old3 employees

Overview

ApS BYGGECENTER, HERNING is a Danish APS based in Herning, operating in the Rental and operating of own or leased real estate sector. Incorporated in 1961, the company has 3 employees and reported a gross profit of DKK 2.2m in its latest annual filing.

Gross profit 2025

2.2M DKK

+7% vs 2024

EBITDA margin (of gross profit)

−3.4 %

−186% vs 2024

Net profit 2025

0.2M DKK

-46% vs 2024

Key ratios

See full ratios →

88.0 %

Very strong

Among the 20% highest rated companies in the industry

20212025

35.9×

Very strong

Among the 10% highest rated companies in the industry

20212025

0.4 %

Weak

Among the 40% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	2.2M DKK	+7%
EBITDA	-0.1M DKK	-186%
Net profit	0.2M DKK	-46%
Total assets	49.8M DKK	0%
Equity	43.9M DKK	0%
Employees	3	—

Financial development

In its most recent annual report (2025), ApS BYGGECENTER, HERNING reported a gross profit of DKK 2.2m, an increase of 7% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 180.0k, and the EBITDA margin stood at -3.4%.

At the end of 2025, equity financed 88% of the balance sheet, and current assets covered short-term debt 35.9 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	2,237	2,087	1,663	1,664	1,701
Staff expenses	-763	-698	-387	-239	-213
EBITDA	-76	88	-2,274	1,425	2,288
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-76	88	-2,274	1,425	2,288
Net financials	310	344	124	-11	-30
Profit before tax	234	432	-2,150	1,413	2,258
Tax	54	97	-471	317	497
Net profit	180	335	-1,679	1,097	1,761

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	49,849	49,769	49,716	53,038	51,878
Equity	43,878	43,698	43,363	45,956	44,973
Long-term debt	1,097	1,073	5,090	5,866	5,866
Short-term debt	411	193	1,262	1,217	1,040
Total debt	1,508	1,267	6,352	7,082	6,906

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-3.4 %

20212025

Equity ratio

88.0 %

Very strong

Among the 20% highest rated companies in the industry

20212025

Return on equity

0.4 %

Weak

Among the 30% lowest rated companies in the industry

20212025

Net profit margin (of gross profit)

8.0 %

20212025

Asset turnover (of gross profit)

0.04×

20212025

Debt / equity

0.14×

Very strong

Among the 10% highest rated companies in the industry

20212025

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)Weak

Among the 30% lowest 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)Weak

Among the 40% lowest 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)Weak

Among the 30% lowest 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)Weak

Among the 30% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 30% lowest 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 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 equityAverage

Around the average of companies in the same 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 capitalStrong

Among the 30% 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 20% 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 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 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 20% 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 debtStrong

Among the 30% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest coverageVery weak

Among the 10% lowest rated companies in the industry

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

Interest rate on debtVery strong

Among the 20% highest rated companies in the industry

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

Interest marginAverage

Around the average of companies in the same 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 capitalStrong

Among the 30% highest 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 equityWeak

Among the 40% lowest 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 2025
Filed via CVR / Virk · Period 2024-05-01 – 2025-04-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-05-01 – 2024-04-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-05-01 – 2023-04-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-05-01 – 2022-04-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-05-01 – 2021-04-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
JL Jonna Løvgreen Kirkegaard Management	Management	2024

Former (3)


OK Ole Kirkegaard Management	Management	1997 – 2022
KV Knud Vagn Thoustrup Nielsen Management	Management	1961 – 1997
CL Claus Løvgreen Kirkegaard Management	Management	2023 – 2024

Board of directors

Non-executive oversight

Name	Role	Member since

Former (9)


JL Jonna Løvgreen Kirkegaard Chairman	Chairman	2000 – 2009
IK Inger Kirkegaard Clausen Board of Directors	Board of Directors	1999 – 2000
OK Ole Kirkegaard Board of Directors	Board of Directors	1997 – 2009
AJ Anna Jensen Board of Directors	Board of Directors	1961 – 1997
KV Knud Vagn Thoustrup Nielsen Board of Directors	Board of Directors	1961 – 1995
AP Asger Pedersen Board of Directors	Board of Directors	1995 – 2000
SO Sigurd Okkels Board of Directors	Board of Directors	1961 – 2000
CL Claus Løvgreen Kirkegaard Board of Directors	Board of Directors	2000 – 2009
ML Mette Løvgreen Kirkegaard Board of Directors	Board of Directors	2000 – 2000

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Jonna Løvgreen Kirkegaard	Individual	100%	100%	2023
Ole Kirkegaard	Individual	50–66.65%	50–66.65%	1961

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of ApS BYGGECENTER, HERNING also hold positions in 3 other companies.

Person	Role here	Other companies
Jonna Løvgreen Kirkegaard	Management	1 company
Asger Pedersen	Board of Directors	1 company
Mette Løvgreen Kirkegaard	Board of Directors	1 company

Frequently asked questions

What is the CVR number of ApS BYGGECENTER, HERNING?

ApS BYGGECENTER, HERNING is registered with CVR / Virk under CVR 21108413.

What is the gross profit of ApS BYGGECENTER, HERNING?

ApS BYGGECENTER, HERNING reported a gross profit of DKK 2.2m in 2025.

How many employees does ApS BYGGECENTER, HERNING have?

ApS BYGGECENTER, HERNING employs 3 people as of the latest annual report.

Where is ApS BYGGECENTER, HERNING headquartered?

ApS BYGGECENTER, HERNING's registered address is Rossinisvej 14.