GLARMESTER FRANDSEN ApS

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CVR 25865014Egernvej 10, 4050 SkibbyPainting and glazing· NACE 4334Est. 2001 · 25 years old1 employeeshttps://g-f.dk

Overview

GLARMESTER FRANDSEN ApS is a Danish APS based in Skibby, operating in the Painting and glazing sector. Incorporated in 2001, the company has 1 employee and reported revenue of DKK 871.5k in its latest annual filing.

Revenue 2025

871.5K DKK

−16% vs 2024

EBITDA margin

−6.5 %

−2134% vs 2024

Net profit 2025

-71.9K DKK

-1217% vs 2024

Key ratios

See full ratios →

-92.6 %

Very weak

Among the 10% lowest rated companies in the industry

20212025

1.3×

Weak

Among the 40% lowest rated companies in the industry

20212025

-14.0 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Revenue	871.5K DKK	-16%
EBITDA	-56.3K DKK	-2134%
Net profit	-71.9K DKK	-1217%
Total assets	513.3K DKK	+12%
Equity	-475.2K DKK	-18%
Employees	1	—

Contact

Address

Egernvej 10, 4050 Skibby

Phone

+45 6090 1901

glarmesterfrandsen@gmail.com

Website

https://g-f.dk

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2025), GLARMESTER FRANDSEN ApS reported revenue of DKK 871.5k, a decrease of 16% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 71.9k, and the EBITDA margin stood at -6.5%.

At the end of 2025, current assets covered short-term debt 1.3 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Revenue	871	1,033	1,169	1,043	1,137
Staff expenses	-442	-420	-389	-390	-374
EBITDA	-56	-3	61	51	34
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-56	-3	61	51	34
Net financials	-16	-3	-35	-11	-6
Profit before tax	-72	-5	26	40	29
Tax	-0	-0	-0	-0	-0
Net profit	-72	-5	26	40	29

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	513	459	542	637	552
Equity	-475	-403	-398	-424	-464
Long-term debt	588	588	656	671	671
Short-term debt	401	274	284	390	345
Total debt	988	862	940	1,061	1,016

Financial ratios

5-year trend

EBITDA margin

-6.5 %

20212025

Equity ratio

-92.6 %

Very weak

Among the 10% lowest rated companies in the industry

20212025

Return on equity

—

20212025

Net profit margin

-8.3 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

Asset turnover

1.70×

Average

Around the average of companies in the same industry

20212025

Debt / equity

—

20212025

Sector performance

22 of 28 ratios graded

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

Profitability

Gross marginStrong

Among the 40% 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 weak

Among the 20% lowest 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 weak

Among the 20% lowest 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 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.

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 ratioVery weak

Among the 20% 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.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

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 ratioWeak

Among the 40% 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 ratioWeak

Among the 30% lowest rated companies in the industry

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

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 weak

Among the 20% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

Debt & solvency

Solidity ratioVery weak

Among the 10% 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 ratioVery weak

Among the 10% 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.

Income to debtWeak

Among the 30% 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 coverageVery weak

Among the 20% lowest rated companies in the 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 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.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverStrong

Among the 30% highest rated companies in the industry

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.

Equity to contributed capitalVery weak

Among the 10% 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 debtWeak

Among the 40% lowest rated companies in the industry

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

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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

Annual reports & filings

Annual report 2025
Filed via CVR / Virk · Period 2024-07-01 – 2025-06-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-07-01 – 2024-06-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-07-01 – 2023-06-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-07-01 – 2022-06-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
KH Karsten Heckmann Management	Management	2013

Former (3)


JA Jørgen Anton Heckmann Management	Management	2002 – 2013
HH Henrik Heckmann Management	Management	2001 – 2002
HF Helle Freundlich Andersen Management	Management	2001 – 2001

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Karsten Heckmann	Individual	50–66.65%	50–66.65%	2006
Jørgen Anton Heckmann	Individual	33.33–49.99%	33.33–49.99%	2006

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 GLARMESTER FRANDSEN ApS also hold positions in 12 other companies.

Person	Role here	Other companies
Helle Freundlich Andersen	Management	6 companiesMany roles
Karsten Heckmann	Management	2 companies
Jørgen Anton Heckmann	Management	2 companies
Henrik Heckmann	Management	2 companies

Frequently asked questions

What is the CVR number of GLARMESTER FRANDSEN ApS?

GLARMESTER FRANDSEN ApS is registered with CVR / Virk under CVR 25865014.

What is the revenue of GLARMESTER FRANDSEN ApS?

GLARMESTER FRANDSEN ApS reported revenue of DKK 871.5k in 2025.

How many employees does GLARMESTER FRANDSEN ApS have?

GLARMESTER FRANDSEN ApS employs 1 people as of the latest annual report.

Where is GLARMESTER FRANDSEN ApS headquartered?

GLARMESTER FRANDSEN ApS's registered address is Egernvej 10.