RHG 1 ApS
APSBankruptAdvertising protectionCVR 26935288Guldborgvej 12, 8800 ViborgGrowing of other non-perennial crops· NACE 0119Est. 2002 · 23 years old— employees
Loading company…
Overview
RHG 1 ApS is a Danish APS based in Viborg, operating in the Growing of other non-perennial crops sector. Incorporated in 2002, the company reported revenue of DKK 16.3m in its latest annual filing.
Revenue 2020
16.3M DKK
+1% vs 2019
EBITDA margin
87.4 %
−21% vs 2019
Net profit 2020
6.9M DKK
-40% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
32.4 %
AverageAround the average of companies in the same industry
20162020
Liquidity ratioCurrent assets ÷ Short-term debt
0.3×
Very weakAmong the 20% lowest rated companies in the industry
20162020
Return on assets (ROA)Net profit ÷ Total assets × 100
2.5 %
AverageAround the average of companies in the same industry
20162020
EBITDA — year on year
DKK millionsKey figures
Annual report 2020| Revenue | 16.3M DKK | +1% |
| EBITDA | 14.2M DKK | -21% |
| Net profit | 6.9M DKK | -40% |
| Total assets | 272.7M DKK | +1% |
| Equity | 88.3M DKK | +8% |
| Employees | — | — |
Company information
Legal name
RHG 1 ApS
CVR number
26935288
Legal form
Anpartsselskab
NACE code
Founded
20 November 2002 · 23 years
Share capital
DKK 500,000
Employees
—
VAT registered
No
Audit selected
Yes
Last report
2020-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør.
Company purpose
Selskabets formål er handel, produktion og investering og dermed beslægtet virksomhed, herunder eje aktier eller andre ejerandele i handel- og produktionsvirksomheder
(no translation available)
Contact
Address
Guldborgvej 12, 8800 Viborg
Email
cn@nors.dk
Advertising protection
Active — opted out of marketing use
Recent events
1 entry- Event
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2020), RHG 1 ApS reported revenue of DKK 16.3m, an increase of 1% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net profit of DKK 6.9m, and the EBITDA margin stood at 87.4%.
At the end of 2020, equity financed 32.4% of the balance sheet, and current assets covered short-term debt 0.3 times.
Financials
Revenue
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 16,270 | 16,040 | 13,228 | 13,497 | 4,326 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 14,219 | 17,978 | -20,172 | 13,497 | 3,523 |
| Depreciation & amort. | -1,297 | -831 | -1,007 | -1,176 | -988 |
| EBIT | 12,922 | 17,147 | -21,179 | 12,320 | 2,535 |
| Net financials | -4,085 | -497 | -2,140 | -2,786 | -1,000 |
| Profit before tax | 8,837 | 16,651 | -23,319 | 9,534 | 1,535 |
| Tax | 1,978 | 5,261 | -5,129 | 2,127 | 1,240 |
| Net profit | 6,858 | 11,389 | -18,190 | 7,406 | 295 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
DKK thousands| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Total assets | 272,685 | 270,982 | 295,703 | 311,422 | 299,653 |
| Equity | 88,324 | 81,465 | 95,076 | 113,266 | 106,360 |
| Long-term debt | 137,164 | 147,576 | 148,851 | 155,885 | 163,222 |
| Short-term debt | 24,467 | 20,189 | 33,586 | 20,430 | 11,416 |
| Total debt | 161,631 | 167,765 | 182,437 | 176,314 | 174,638 |
Financial ratios
5-year trendEBITDA margin
87.4 %
20162020
Equity ratio
32.4 %
AverageAround the average of companies in the same industry
20162020
Return on equity
7.8 %
AverageAround the average of companies in the same industry
20162020
Net profit margin
42.2 %
Very strongAmong the 20% highest rated companies in the industry
20162020
Asset turnover
0.06×
AverageAround the average of companies in the same industry
20162020
Debt / equity
2.09×
WeakAmong the 40% lowest rated companies in the industry
20162020
Sector performance
27 of 28 ratios graded28 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 20% 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)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)Strong
Among the 40% 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 weak
Among the 20% 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 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 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 capitalWeak
Among the 30% 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 ratioStrong
Among the 30% highest 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 coverageStrong
Among the 40% highest 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 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
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.
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 debtStrong
Among the 40% 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 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
CN Management | Management | 2002 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (4)
CN Board of Directors | Board of Directors | 2013 – 2021 |
PN Board of Directors | Board of Directors | 2013 – 2021 |
KK Board of Directors | Board of Directors | 2013 – 2019 |
LS Chairman | Chairman | 2013 – 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2002 |
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
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
CNH1 ApS
RHG 1 ApS Board network connections
Board members of RHG 1 ApS also hold positions in 34 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Palle Nørgaard | Board of Directors | 16 companiesMany roles |
| Kim Krull Jørgensen | Board of Directors | 11 companiesMany roles |
| Christian Nors | Management | 7 companiesMany roles |
Frequently asked questions
What is the CVR number of RHG 1 ApS?
RHG 1 ApS is registered with CVR / Virk under CVR 26935288.
What is the revenue of RHG 1 ApS?
RHG 1 ApS reported revenue of DKK 16.3m in 2020.
Where is RHG 1 ApS headquartered?
RHG 1 ApS's registered address is Guldborgvej 12.