26072020 ApS

APSBankrupt

CVR 27684475Sofielundsvej 3, 2600 GlostrupPlumbing, heat and air-conditioning installation· NACE 4322Est. 2004 · 22 years old3 employees

Overview

26072020 ApS is a Danish APS based in Glostrup, operating in the Plumbing, heat and air-conditioning installation sector. Incorporated in 2004, the company has 3 employees and reported a gross profit of DKK 2.7m in its latest annual filing.

Gross profit 2018

2.7M DKK

−8% vs 2017

EBITDA margin (of gross profit)

2.4 %

−83% vs 2017

Net profit 2018

-0.1M DKK

-130% vs 2017

Key ratios

See full ratios →

12.9 %

Weak

Among the 30% lowest rated companies in the industry

20142018

1.1×

Weak

Among the 30% lowest rated companies in the industry

20142018

-1.9 %

Weak

Among the 30% lowest rated companies in the industry

20142018

EBITDA — year on year

DKK thousands

Key figures

Annual report 2018

Gross profit	2.7M DKK	-8%
EBITDA	0.1M DKK	-83%
Net profit	-0.1M DKK	-130%
Total assets	3.2M DKK	+40%
Equity	0.4M DKK	-13%
Employees	3	—

Financial development

In its most recent annual report (2018), 26072020 ApS reported a gross profit of DKK 2.7m, a decrease of 8% on the year before. The figures on this page draw on 5 annual filings covering 2014 to 2018. The bottom line showed a net loss of DKK 62.2k, and the EBITDA margin stood at 2.4%.

At the end of 2018, equity financed 12.9% of the balance sheet, and current assets covered short-term debt 1.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2018	2017	2016	2015	2014
Gross profit	2,744	2,969	2,533	2,186	2,910
Staff expenses	-2,679	-2,574	-2,183	-1,943	-2,447
EBITDA	65	395	350	243	462
Depreciation & amort.	-35	-57	-61	-87	-166
EBIT	30	338	289	156	296
Net financials	-93	-51	-78	-198	-19
Profit before tax	-63	287	211	-42	277
Tax	-1	79	60	12	7
Net profit	-62	208	152	-54	270

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Balance sheet

DKK thousands

Item	2018	2017	2016	2015	2014
Total assets	3,229	2,302	2,248	2,750	3,230
Equity	416	478	270	118	172
Long-term debt	0	0	35	75	88
Short-term debt	2,782	1,792	1,920	2,538	2,963
Total debt	2,782	1,792	1,955	2,613	3,051

Financial ratios

5-year trend

EBITDA margin (of gross profit)

2.4 %

20142018

Equity ratio

12.9 %

Weak

Among the 30% lowest rated companies in the industry

20142018

Return on equity

-14.9 %

Very weak

Among the 20% lowest rated companies in the industry

20142018

Net profit margin (of gross profit)

-2.3 %

20142018

Asset turnover (of gross profit)

0.85×

20142018

Debt / equity

6.76×

Very weak

Among the 10% lowest rated companies in the industry

20142018

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 20% 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)Weak

Among the 30% 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 20% 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)Weak

Among the 40% 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 30% 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 30% 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 20% 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 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 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 ratioVery weak

Among the 10% 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 10% 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 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 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 20% lowest rated companies in the industry

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

Interest marginWeak

Among the 30% 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 equityWeak

Among the 30% 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.

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 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


TW Torben Wagner Management	Management	2004 – 2020

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Torben Wagner	Individual	100%	100%	2004
TWAW HOLDING ApS	Company	100%	100%	2005

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Related companies

Company hierarchy

TWAW HOLDING ApS100%

26072020 ApS (this company)

Board network connections

Board members of 26072020 ApS also hold positions in 1 other company.

Person	Role here	Other companies
Torben Wagner	Management	1 company

Frequently asked questions

What is the CVR number of 26072020 ApS?

26072020 ApS is registered with CVR / Virk under CVR 27684475.

What is the gross profit of 26072020 ApS?

26072020 ApS reported a gross profit of DKK 2.7m in 2018.

How many employees does 26072020 ApS have?

26072020 ApS employs 3 people as of the latest annual report.

Where is 26072020 ApS headquartered?

26072020 ApS's registered address is Sofielundsvej 3.