Filcon A/S

A/SBankrupt

CVR 24209377Industrivej 5, 4200 SlagelseManufacture of non-domestic air conditioning equipment· NACE 2825Est. 1999 · 27 years old2-4 employees

Overview

Filcon A/S is a Danish A/S based in Slagelse, operating in the Manufacture of non-domestic air conditioning equipment sector. Incorporated in 1999, the company reported a gross profit of DKK 10.0m in its latest annual filing.

Gross profit 2013

10M DKK

+3% vs 2012

EBITDA margin (of gross profit)

−9.5 %

+39% vs 2012

Net profit 2013

-1.8M DKK

+28% vs 2012

Key ratios

See full ratios →

16.9 %

Weak

Among the 30% lowest rated companies in the industry

20122013

1.2×

Weak

Among the 40% lowest rated companies in the industry

20122013

-17.0 %

Very weak

Among the 20% lowest rated companies in the industry

20122013

EBITDA — year on year

DKK thousands

Key figures

Annual report 2013

Gross profit	10M DKK	+3%
EBITDA	-1M DKK	+39%
Net profit	-1.8M DKK	+28%
Total assets	10.6M DKK	-33%
Equity	1.8M DKK	-50%
Employees	—	—

Financial development

In its most recent annual report (2013), Filcon A/S reported a gross profit of DKK 10.0m, an increase of 3% 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 1.8m, and the EBITDA margin stood at -9.5%.

At the end of 2013, equity financed 16.9% of the balance sheet, and current assets covered short-term debt 1.2 times.

Financials

Gross profit

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2013	2012
Gross profit	10,041	9,708
Staff expenses	-10,996	-11,280
EBITDA	-955	-1,572
Depreciation & amort.	-1,207	-817
EBIT	-2,162	-2,389
Net financials	-333	-999
Profit before tax	-2,495	-1,577
Tax	-699	906
Net profit	-1,797	-2,483

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Balance sheet

DKK thousands

Item	2013	2012
Total assets	10,564	15,667
Equity	1,783	3,580
Long-term debt	0	0
Short-term debt	8,259	10,041
Total debt	8,259	10,041

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-9.5 %

20122013

Equity ratio

16.9 %

Weak

Among the 30% lowest rated companies in the industry

20122013

Return on equity

-100.8 %

Very weak

Among the 10% lowest rated companies in the industry

20122013

Net profit margin (of gross profit)

-17.9 %

20122013

Asset turnover (of gross profit)

0.95×

20122013

Debt / equity

4.92×

Very weak

Among the 20% lowest rated companies in the industry

20122013

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)Very weak

Among the 10% 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)Very weak

Among the 20% 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)Very weak

Among the 10% 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)Very weak

Among the 20% 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 ratioWeak

Among the 40% 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 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 ratioAverage

Around the average of companies in the same industry

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

Current assets to equityVery weak

Among the 10% 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 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 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 ratioWeak

Among the 30% lowest 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 ratioWeak

Among the 30% lowest 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 weak

Among the 20% 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 equityVery weak

Among the 10% 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 debtVery weak

Among the 20% 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 coverageWeak

Among the 30% 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 weak

Among the 10% lowest rated companies in the industry

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

Interest marginVery weak

Among the 20% 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.

Efficiency & development

Equity to contributed capitalWeak

Among the 40% 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 equityVery weak

Among the 20% lowest rated companies in the industry

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

One-year change in debtStrong

Among the 30% 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 (7)


RA Revisionsfirmaet Arthur Andersen Audit	Audit	2001 – 2002
JA Jens Alfast Henriksen Founder	Founder	1999 – 2015
SA Søren Andersen Chief Executive Officer	Chief Executive Officer	2013 – 2015
SA Søren Andersen Chief Executive Officer	Chief Executive Officer	2013 – 2015
KB Kurt Bjørkvik Chief Executive Officer	Chief Executive Officer	2010 – 2013
FL Flemming Leo Christensen Management	Management	1999 – 2010
IC Ib Clausen Founder	Founder	1999 – 2015

Board of directors

Non-executive oversight

Name	Role	Member since

Former (9)


JA Jens Alfast Henriksen Board of Directors	Board of Directors	1999 – 2000
JI John Ingolf Pedersen Board of Directors	Board of Directors	2000 – 2001
JR Jan Rutger Bornefalk Chairman	Chairman	2008 – 2010
SA Søren Andersen Board of Directors	Board of Directors	1999 – 2015
SA Søren Andersen Board of Directors	Board of Directors	1999 – 2015
KB Kurt Bjørkvik Board of Directors	Board of Directors	2008 – 2015
FL Flemming Leo Christensen Chairman	Chairman	2010 – 2015
PE Paul Enevold Jørgensen Chairman	Chairman	2001 – 2004
IC Ib Clausen Board of Directors	Board of Directors	1999 – 2007

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 Filcon A/S also hold positions in 23 other companies.

Person	Role here	Other companies
Paul Enevold Jørgensen	Chairman	12 companiesMany roles
Ib Clausen	Founder	4 companies
Flemming Leo Christensen	Management	3 companies
Søren Andersen	Chief Executive Officer	2 companies
Kurt Bjørkvik	Chief Executive Officer	2 companies

Frequently asked questions

What is the CVR number of Filcon A/S?

Filcon A/S is registered with CVR / Virk under CVR 24209377.

What is the gross profit of Filcon A/S?

Filcon A/S reported a gross profit of DKK 10.0m in 2013.

Where is Filcon A/S headquartered?

Filcon A/S's registered address is Industrivej 5.