Explicit I/S

I/SDissolved

CVR 21256293Argentinavej 12, 2800 Kongens LyngbyComputerprogrammering· NACE 620100Est. 1998 · 27 years old0 employees

Overview

Explicit I/S is a Danish I/S based in Kongens Lyngby, operating in the Computerprogrammering sector. Incorporated in 1998, the company has 0 employees and reported revenue of DKK 480.3k in its latest annual filing.

Revenue 2015

480.3K DKK

−4% vs 2014

EBITDA margin

100.0 %

−4% vs 2014

Net profit 2015

473.1K DKK

-3% vs 2014

Key ratios

See full ratios →

85.8 %

Very strong

Among the 20% highest rated companies in the industry

20122015

6.4×

Very strong

Among the 20% highest rated companies in the industry

20122015

196.7 %

Very strong

Among the 10% highest rated companies in the industry

20122015

EBITDA — year on year

DKK thousands

Key figures

Annual report 2015

Revenue	480.3K DKK	-4%
EBITDA	480.3K DKK	-4%
Net profit	473.1K DKK	-3%
Total assets	240.6K DKK	-32%
Equity	206.4K DKK	+6%
Employees	0	—

Financial development

In its most recent annual report (2015), Explicit I/S reported revenue of DKK 480.3k, a decrease of 4% on the year before. The figures on this page draw on 4 annual filings covering 2012 to 2015. The bottom line showed a net profit of DKK 473.1k, and the EBITDA margin stood at 100%.

At the end of 2015, equity financed 85.8% of the balance sheet, and current assets covered short-term debt 6.4 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2015	2014	2013	2012
Revenue	480	499	1,760	1,865
Staff expenses	-0	-0	-0	-0
EBITDA	480	499	1,760	1,865
Depreciation & amort.	-7	-9	-12	-17
EBIT	473	489	1,747	1,848
Net financials	-0	-0	0	0
Profit before tax	473	489	1,747	1,848
Tax	-0	-0	-0	-0
Net profit	473	489	1,747	1,848

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Balance sheet

DKK thousands

Item	2015	2014	2013	2012
Total assets	241	356	663	713
Equity	206	195	511	546
Long-term debt	0	0	0	0
Short-term debt	34	161	152	167
Total debt	34	161	152	167

Financial ratios

5-year trend

EBITDA margin

100.0 %

20122015

Equity ratio

85.8 %

Very strong

Among the 20% highest rated companies in the industry

20122015

Return on equity

229.2 %

Very strong

Among the 10% highest rated companies in the industry

20122015

Net profit margin

98.5 %

Very strong

Among the 10% highest rated companies in the industry

20122015

Asset turnover

2.00×

Strong

Among the 30% highest rated companies in the industry

20122015

Debt / equity

0.17×

Very strong

Among the 20% highest rated companies in the industry

20122015

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginVery strong

Among the 10% 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 10% 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 marginVery strong

Among the 10% 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 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.

Liquidity

Current ratioVery strong

Among the 20% 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 20% 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 ratioStrong

Among the 30% 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 equityStrong

Among the 40% 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 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 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 20% 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 20% 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 equityStrong

Among the 30% 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 debtVery strong

Among the 10% 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 10% highest rated companies in the industry

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

Interest rate on debtStrong

Among the 30% highest rated companies in the 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

Asset turnoverStrong

Among the 30% highest rated companies in the 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 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.

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 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
View PDF
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 (3)


RE Rasmus Ebdrup Stakeholder	Stakeholder	1998 – 1999
JØ Jon Østergaard Knudsen Stakeholder	Stakeholder	1998 – 1999
CR Carl Robert Rutenfeldt Audit	Audit	2003 – 2007

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 Explicit I/S also hold positions in 5 other companies.

Person	Role here	Other companies
Rasmus Ebdrup	Stakeholder	2 companies
Jon Østergaard Knudsen	Stakeholder	2 companies
Carl Robert Rutenfeldt	Audit	1 company

Frequently asked questions

What is the CVR number of Explicit I/S?

Explicit I/S is registered with CVR / Virk under CVR 21256293.

What is the revenue of Explicit I/S?

Explicit I/S reported revenue of DKK 480.3k in 2015.

Where is Explicit I/S headquartered?

Explicit I/S's registered address is Argentinavej 12.