CONTEST DEVELOPMENT ApS

Q: What is the CVR number of CONTEST DEVELOPMENT ApS?

CONTEST DEVELOPMENT ApS is registered with CVR / Virk under CVR 21166235.

Q: Where is CONTEST DEVELOPMENT ApS headquartered?

CONTEST DEVELOPMENT ApS's registered address is Lundtoftegårdsvej 95.

APSDissolved

CVR 21166235Lundtoftegårdsvej 95, 2800 Kongens LyngbyKonsulentbistand vedrørende informationsteknologi· NACE 620200Est. 1998 · 28 years old— employees

Overview

CONTEST DEVELOPMENT ApS is a Danish APS based in Kongens Lyngby, operating in the Konsulentbistand vedrørende informationsteknologi sector. Incorporated in 1998, the company reported a gross profit of -DKK 75.3k in its latest annual filing.

Gross profit 2013

-75.3K DKK

−115% vs 2012

EBITDA margin (of gross profit)

100.0 %

−115% vs 2012

Net profit 2013

-42K DKK

-129% vs 2012

Key ratios

See full ratios →

35.4 %

Average

Around the average of companies in the same industry

20122013

1.5×

Average

Around the average of companies in the same industry

20122013

-7.3 %

Weak

Among the 40% lowest rated companies in the industry

20122013

EBITDA — year on year

DKK thousands

Key figures

Annual report 2013

Gross profit	-75.3K DKK	-115%
EBITDA	-75.3K DKK	-115%
Net profit	-42K DKK	-129%
Total assets	578.6K DKK	-50%
Equity	204.6K DKK	-17%
Employees	—	—

Financial development

In its most recent annual report (2013), CONTEST DEVELOPMENT ApS reported a gross profit of -DKK 75.3k, a decrease of 115% on the year before. The figures on this page draw on 2 annual filings covering 2012 to 2013. The bottom line showed a net loss of DKK 42.0k.

At the end of 2013, equity financed 35.4% of the balance sheet, and current assets covered short-term debt 1.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2013	2012
Gross profit	-75	505
Staff expenses	-0	-0
EBITDA	-75	505
Depreciation & amort.	-0	-338
EBIT	-75	167
Net financials	19	29
Profit before tax	-56	196
Tax	-14	50
Net profit	-42	147

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Balance sheet

DKK thousands

Item	2013	2012
Total assets	579	1,167
Equity	205	247
Long-term debt	0	0
Short-term debt	374	920
Total debt	374	920

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20122013

Equity ratio

35.4 %

Average

Around the average of companies in the same industry

20122013

Return on equity

-20.5 %

Weak

Among the 30% lowest rated companies in the industry

20122013

Net profit margin (of gross profit)

<−999 %

20122013

Asset turnover (of gross profit)

-0.13×

20122013

Debt / equity

1.83×

Weak

Among the 30% lowest rated companies in the industry

20122013

Sector performance

21 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 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 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 ratioWeak

Among the 40% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 30% 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 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 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 equityWeak

Among the 30% 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 debtWeak

Among the 40% lowest rated companies in the industry

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

EBITDA to debtWeak

Among the 30% 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 marginWeak

Among the 40% lowest 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

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 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 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 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 (3)


EC Erik Christian Testmann Management	Management	1998 – 2014
HS Henning Storm Audit	Audit	1998 – 2013
PA Peter Andreas Stakemann Management	Management	1998 – 1998

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.

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 CONTEST DEVELOPMENT ApS also hold positions in 13 other companies.

Person	Role here	Other companies
Peter Andreas Stakemann	Management	9 companiesMany roles
Erik Christian Testmann	Management	4 companies

Frequently asked questions

What is the CVR number of CONTEST DEVELOPMENT ApS?

CONTEST DEVELOPMENT ApS is registered with CVR / Virk under CVR 21166235.

What is the gross profit of CONTEST DEVELOPMENT ApS?

CONTEST DEVELOPMENT ApS reported a gross profit of -DKK 75.3k in 2013.

Where is CONTEST DEVELOPMENT ApS headquartered?

CONTEST DEVELOPMENT ApS's registered address is Lundtoftegårdsvej 95.