At-Denmark A/S
A/SBankruptCVR 26670829Kastrupvej 37, 4100 RingstedPlant propagation· NACE 0130Est. 2002 · 24 years old5 employees
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Overview
At-Denmark A/S is a Danish A/S based in Ringsted, operating in the Plant propagation sector. Incorporated in 2002, the company has 5 employees and reported revenue of DKK 3.9m in its latest annual filing.
Revenue 2019
3.9M DKK
−64% vs 2018
EBITDA margin
−67.6 %
−824% vs 2018
Net profit 2019
-3.1M DKK
-2527% vs 2018
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
69.7 %
StrongAmong the 30% highest rated companies in the industry
20152019
Liquidity ratioCurrent assets ÷ Short-term debt
3.6×
StrongAmong the 30% highest rated companies in the industry
20152019
Return on assets (ROA)Net profit ÷ Total assets × 100
-46.0 %
Very weakAmong the 10% lowest rated companies in the industry
20152019
EBITDA — year on year
DKK thousandsKey figures
Annual report 2019| Revenue | 3.9M DKK | -64% |
| EBITDA | -2.7M DKK | -824% |
| Net profit | -3.1M DKK | -2527% |
| Total assets | 6.7M DKK | -25% |
| Equity | 4.7M DKK | -40% |
| Employees | 5 | — |
Company information
Legal name
AT-DENMARK A/S
CVR number
26670829
Legal form
Aktieselskab
NACE code
0130 · Plant propagation
Founded
28 June 2002 · 24 years
Share capital
DKK 500,000
Employees
5 (FTE)
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktøren eller af den samlede bestyrelse.
Address
Kastrupvej 37, 4100 Ringsted
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Financial development
In its most recent annual report (2019), At-Denmark A/S reported revenue of DKK 3.9m, a decrease of 64% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net loss of DKK 3.1m, and the EBITDA margin stood at -67.6%.
At the end of 2019, equity financed 69.7% of the balance sheet, and current assets covered short-term debt 3.6 times.
Financials
Revenue
DKK millionsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Revenue | 3,924 | 11,035 | 2,078 | 1,458 | 1,248 |
| Staff expenses | -907 | -1,316 | -735 | -563 | -508 |
| EBITDA | -2,654 | 367 | 1,343 | 895 | 740 |
| Depreciation & amort. | -1,205 | -93 | -232 | -242 | 225 |
| EBIT | -3,860 | 274 | 1,111 | 653 | 515 |
| Net financials | -119 | -85 | -272 | 78 | -160 |
| Profit before tax | -3,978 | 189 | 839 | 731 | 355 |
| Tax | -874 | 61 | 200 | 163 | 144 |
| Net profit | -3,104 | 128 | 638 | 569 | 211 |
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Balance sheet
DKK thousands| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Total assets | 6,746 | 8,989 | 14,769 | 15,018 | 14,131 |
| Equity | 4,702 | 7,807 | 7,679 | 7,040 | 6,471 |
| Long-term debt | 750 | 13 | 5,852 | 4,780 | 5,830 |
| Short-term debt | 1,294 | 1,163 | 1,231 | 3,198 | 1,830 |
| Total debt | 2,044 | 1,177 | 7,083 | 7,978 | 7,660 |
Financial ratios
5-year trendEBITDA margin
-67.6 %
20152019
Equity ratio
69.7 %
StrongAmong the 30% highest rated companies in the industry
20152019
Return on equity
-66.0 %
Very weakAmong the 10% lowest rated companies in the industry
20152019
Net profit margin
-79.1 %
Very weakAmong the 20% lowest rated companies in the industry
20152019
Asset turnover
0.58×
StrongAmong the 30% highest rated companies in the industry
20152019
Debt / equity
0.43×
StrongAmong the 30% highest rated companies in the industry
20152019
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest 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 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 10% 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 10% 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.
Liquidity
Current ratioStrong
Among the 30% 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 ratioStrong
Among the 40% 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 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 equityAverage
Around the average of companies in the same 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 capitalStrong
Among the 30% 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 ratioWeak
Among the 40% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% 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 ratioStrong
Among the 30% 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 equityStrong
Among the 30% 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 weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 10% 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 10% 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 20% 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 10% 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
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.
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 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 equityVery weak
Among the 10% 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 weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (2)
HC Management | Management | 2002 – 2010 |
JW Management | Management | 2010 – 2021 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (4)
FB Board of Directors | Board of Directors | 2011 – 2019 |
JW Board of Directors | Board of Directors | 2008 – 2021 |
PB Board of Directors | Board of Directors | 2002 – 2011 |
PC Board of Directors | Board of Directors | 2019 – 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2003 |
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
ATLANTIS HOLDING ApS
At-Denmark A/S Board network connections
Board members of At-Denmark A/S also hold positions in 16 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Philip Baruch | Board of Directors | 12 companiesMany roles |
| Helle Christensen | Management | 3 companies |
| Frank Bose | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of At-Denmark A/S?
At-Denmark A/S is registered with CVR / Virk under CVR 26670829.
What is the revenue of At-Denmark A/S?
At-Denmark A/S reported revenue of DKK 3.9m in 2019.
How many employees does At-Denmark A/S have?
At-Denmark A/S employs 5 people as of the latest annual report.
Where is At-Denmark A/S headquartered?
At-Denmark A/S's registered address is Kastrupvej 37.