GSII ApS

APSBankrupt

CVR 27692524Drogdensgade 1, 2300 København SRental and leasing of construction and civil engineering machinery and equipment· NACE 7732Est. 2004 · 22 years old2 employees

Overview

GSII ApS is a Danish APS based in København S, operating in the Rental and leasing of construction and civil engineering machinery and equipment sector. Incorporated in 2004, the company has 2 employees and reported a gross profit of DKK 190.6k in its latest annual filing.

Gross profit 2019

190.6K DKK

+129% vs 2018

EBITDA margin (of gross profit)

57.6 %

+488% vs 2018

Net profit 2019

85.7K DKK

+361% vs 2018

Key ratios

See full ratios →

9.0 %

Very weak

Among the 20% lowest rated companies in the industry

20132019

1.5×

Weak

Among the 40% lowest rated companies in the industry

20132019

93.9 %

Very strong

Among the 10% highest rated companies in the industry

20132019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	190.6K DKK	+129%
EBITDA	109.8K DKK	+488%
Net profit	85.7K DKK	+361%
Total assets	91.2K DKK	+2463%
Equity	8.2K DKK	+111%
Employees	2	—

Financial development

In its most recent annual report (2019), GSII ApS reported a gross profit of DKK 190.6k, an increase of 129% on the year before. The figures on this page draw on 5 annual filings covering 2013 to 2019. The bottom line showed a net profit of DKK 85.7k, and the EBITDA margin stood at 57.6%.

At the end of 2019, equity financed 9% of the balance sheet, and current assets covered short-term debt 1.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016	2013
Gross profit	191	83	95	205	-80
Staff expenses	-81	-65	-82	-179	-91
EBITDA	110	19	13	5	11
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	110	19	13	5	11
Net financials	-0	-0	-0	-0	-0
Profit before tax	110	19	13	5	11
Tax	24	-0	-0	-0	-0
Net profit	86	19	13	5	11

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016	2013
Total assets	91	4	58	56	20
Equity	8	-78	-96	-109	44
Long-term debt	24	0	0	0	0
Short-term debt	59	81	154	165	-64
Total debt	83	81	154	165	-64

Financial ratios

5-year trend

EBITDA margin (of gross profit)

57.6 %

20132019

Equity ratio

9.0 %

Very weak

Among the 20% lowest rated companies in the industry

20132019

Return on equity

>999 %

Very strong

Among the 10% highest rated companies in the industry

20132019

Net profit margin (of gross profit)

44.9 %

20132019

Asset turnover (of gross profit)

2.09×

20132019

Debt / equity

10.17×

Very weak

Among the 10% lowest rated companies in the industry

20132019

Sector performance

22 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% 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 20% 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.

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 ratioStrong

Among the 40% highest 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 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 ratioStrong

Among the 40% highest rated companies in the industry

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

Debt & solvency

Solidity ratioVery weak

Among the 20% 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 20% 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 debtStrong

Among the 30% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 20% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 10% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery strong

Among the 20% highest rated companies in the industry

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

Interest marginVery strong

Among the 10% highest 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 capitalVery weak

Among the 20% 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 debtAverage

Around the average of companies in the same 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.

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 2019
Filed via CVR / Virk · Period 2018-07-01 – 2019-06-30
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-07-01 – 2018-06-30
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-07-01 – 2017-06-30
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2015-07-01 – 2016-06-30
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-07-01 – 2013-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


HB Hasan Bayram Management	Management	2007 – 2010
LK Lars Kjær Hansen Management	Management	2005 – 2007
SS Shenol Shefket Ibryam Chief Executive Officer	Chief Executive Officer	2017 – 2021
SI Steen Ingtrup Audit	Audit	2004 – 2007

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Shenol Shefket Ibryam	Individual	100%	100%	2017

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 GSII ApS also hold positions in 6 other companies.

Person	Role here	Other companies
Steen Ingtrup	Audit	5 companies
Shenol Shefket Ibryam	Chief Executive Officer	1 company

Frequently asked questions

What is the CVR number of GSII ApS?

GSII ApS is registered with CVR / Virk under CVR 27692524.

What is the gross profit of GSII ApS?

GSII ApS reported a gross profit of DKK 190.6k in 2019.

How many employees does GSII ApS have?

GSII ApS employs 2 people as of the latest annual report.

Where is GSII ApS headquartered?

GSII ApS's registered address is Drogdensgade 1, 1. tv.