KR 2 ApS

APSActive

CVR 21788708Mølhøjvej 18, 9640 FarsøRepair and maintenance of furniture and home furnishings· NACE 9524Est. 1999 · 27 years old— employees

Overview

KR 2 ApS is a Danish APS based in Farsø, operating in the Repair and maintenance of furniture and home furnishings sector. Incorporated in 1999, the company reported a gross profit of DKK 297.6k in its latest annual filing.

Gross profit 2025

0.3M DKK

−32% vs 2024

EBITDA margin (of gross profit)

100.0 %

−32% vs 2024

Net profit 2025

0.3M DKK

-9% vs 2024

Key ratios

See full ratios →

42.1 %

Average

Around the average of companies in the same industry

20212025

0.1×

Very weak

Among the 10% lowest rated companies in the industry

20212025

5.7 %

Average

Around the average of companies in the same industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	0.3M DKK	-32%
EBITDA	0.3M DKK	-32%
Net profit	0.3M DKK	-9%
Total assets	5.6M DKK	+5%
Equity	2.3M DKK	+16%
Employees	—	—

Financial development

In its most recent annual report (2025), KR 2 ApS reported a gross profit of DKK 297.6k, a decrease of 32% 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 317.8k, and the EBITDA margin stood at 100%.

At the end of 2025, equity financed 42.1% of the balance sheet, and current assets covered short-term debt 0.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	298	438	364	316	428
Staff expenses	-0	-0	-0	-0	-0
EBITDA	298	438	364	316	428
Depreciation & amort.	-0	-0	-0	-0	-57
EBIT	298	438	364	316	371
Net financials	110	1	-198	167	-30
Profit before tax	408	439	166	483	340
Tax	90	89	38	106	88
Net profit	318	350	127	376	253

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	5,558	5,290	5,029	4,934	4,706
Equity	2,342	2,024	1,674	1,547	1,170
Long-term debt	2,191	2,463	2,560	2,681	2,958
Short-term debt	1,025	804	796	707	578
Total debt	3,216	3,266	3,355	3,388	3,536

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20212025

Equity ratio

42.1 %

Average

Around the average of companies in the same industry

20212025

Return on equity

13.6 %

Average

Around the average of companies in the same industry

20212025

Net profit margin (of gross profit)

106.8 %

20212025

Asset turnover (of gross profit)

0.05×

20212025

Debt / equity

1.37×

Weak

Among the 40% lowest rated companies in the industry

20212025

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)Average

Around the average of companies in the same 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)Average

Around the average of companies in the same 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 weak

Among the 10% lowest 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 weak

Among the 10% lowest 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 weak

Among the 10% 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 equityVery strong

Among the 10% 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 weak

Among the 20% lowest 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 ratioWeak

Among the 30% lowest 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 40% 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 40% 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 debtAverage

Around the average of companies in the same industry

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

EBITDA to debtAverage

Around the average of companies in the same industry

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

Interest coverageAverage

Around the average of companies in the same 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 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 capitalVery strong

Among the 20% 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 equityStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtAverage

Around the average of companies in the same 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 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
KR Kaj Rasmussen Management	Management	2003

Former (2)


BB Bent Balle Management	Management	1999 – 2002
RW Rolf Wilhelm Bücking Management	Management	2002 – 2003

Board of directors

Non-executive oversight

Name	Role	Member since

Former (8)


KR Kaj Rasmussen Board of Directors	Board of Directors	2008 – 2013
KT Kristian Thomsen Board of Directors	Board of Directors	2006 – 2010
JN Jørn Nørgaard Borup Chairman	Chairman	2002 – 2004
OH Ole Hannesbo Pedersen Board of Directors	Board of Directors	2008 – 2013
SK Steffan Kildahl Board of Directors	Board of Directors	2004 – 2006
JN John Nielsen Chairman	Chairman	2004 – 2008
SJ Sten Jensen Board of Directors	Board of Directors	2002 – 2004
TD Tommy Daugaard Sørensen Board of Directors	Board of Directors	2011 – 2013

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Kaj Rasmussen	Individual	100%	100%	1999

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 KR 2 ApS also hold positions in 5 other companies.

Person	Role here	Other companies
Sten Jensen	Board of Directors	3 companies
Kaj Rasmussen	Management	1 company
Steffan Kildahl	Board of Directors	1 company

Frequently asked questions

What is the CVR number of KR 2 ApS?

KR 2 ApS is registered with CVR / Virk under CVR 21788708.

What is the gross profit of KR 2 ApS?

KR 2 ApS reported a gross profit of DKK 297.6k in 2025.

Where is KR 2 ApS headquartered?

KR 2 ApS's registered address is Mølhøjvej 18.