MASKINTEK ApS

APSBankrupt

CVR 27717950Langelinie Allé 17, 2100 København ØNon-specialised wholesale trade· NACE 4690Est. 2004 · 22 years old1 employees

Overview

MASKINTEK ApS is a Danish APS based in København Ø, operating in the Non-specialised wholesale trade sector. Incorporated in 2004, the company has 1 employee and reported a gross profit of DKK 358.7k in its latest annual filing.

Gross profit 2022

358.7K DKK

+545% vs 2021

EBITDA margin (of gross profit)

8.3 %

+143% vs 2021

Net profit 2022

23K DKK

+120% vs 2021

Key ratios

See full ratios →

-0.6 %

Very weak

Among the 20% lowest rated companies in the industry

20182022

1.0×

Weak

Among the 30% lowest rated companies in the industry

20182022

7.2 %

Strong

Among the 40% highest rated companies in the industry

20182022

EBITDA — year on year

DKK thousands

Key figures

Annual report 2022

Gross profit	358.7K DKK	+545%
EBITDA	29.8K DKK	+143%
Net profit	23K DKK	+120%
Total assets	320.3K DKK	+407%
Equity	-1.9K DKK	+92%
Employees	1	—

Financial development

In its most recent annual report (2022), MASKINTEK ApS reported a gross profit of DKK 358.7k, an increase of 545% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of DKK 23.0k, and the EBITDA margin stood at 8.3%.

At the end of 2022, current assets covered short-term debt 1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2022	2021	2020	2019	2018
Gross profit	359	56	-2	391	-19
Staff expenses	-274	-126	-72	-34	-0
EBITDA	30	-70	-19	357	-19
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	30	-70	-19	357	-19
Net financials	-7	-36	-14	-1	-11
Profit before tax	23	-106	-32	356	-30
Tax	-0	11	-7	-4	-0
Net profit	23	-117	-25	360	-30

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Balance sheet

DKK thousands

Item	2022	2021	2020	2019	2018
Total assets	320	63	188	185	30
Equity	-2	-25	92	118	-242
Long-term debt	0	0	0	0	0
Short-term debt	322	88	96	67	273
Total debt	322	88	96	67	273

Financial ratios

5-year trend

EBITDA margin (of gross profit)

8.3 %

20182022

Equity ratio

-0.6 %

Very weak

Among the 20% lowest rated companies in the industry

20182022

Return on equity

—

20182022

Net profit margin (of gross profit)

6.4 %

20182022

Asset turnover (of gross profit)

1.12×

20182022

Debt / equity

—

20182022

Sector performance

16 of 28 ratios graded

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

Profitability

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

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 ratioAverage

Around the average of companies in the same 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.

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 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 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 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.

Cash conversion ratioAverage

Around the average of companies in the same 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.

Fixed assets to long-term capitalNot rated

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

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.

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 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.

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 coverageAverage

Around the average of companies in the same industry

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

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

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

Interest marginStrong

Among the 30% 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.

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

Equity to contributed capitalWeak

Among the 30% 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 debtVery weak

Among the 10% 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.

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 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-10-01 – 2019-09-30
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-10-01 – 2018-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


AH Annemette Heller Chief Executive Officer	Chief Executive Officer	2004 – 2004
AT Anders Thode Jensen Management	Management	2004 – 2005
BF Bjarne Frederiksen Management	Management	2004 – 2023
LS Lars Skanvig Bramhelft Liquidator	Liquidator	2023 – 2023

Board of directors

Non-executive oversight

Name	Role	Member since

Former (1)


KM Kim Madsen Chairman	Chairman	2004 – 2004

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Bjarne Frederiksen	Individual	100%	100%	2004

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of MASKINTEK ApS also hold positions in 48 other companies.

Person	Role here	Other companies
Lars Skanvig Bramhelft	Liquidator	31 companiesMany roles
Kim Madsen	Chairman	12 companiesMany roles
Anders Thode Jensen	Management	5 companies

Frequently asked questions

What is the CVR number of MASKINTEK ApS?

MASKINTEK ApS is registered with CVR / Virk under CVR 27717950.

What is the gross profit of MASKINTEK ApS?

MASKINTEK ApS reported a gross profit of DKK 358.7k in 2022.

How many employees does MASKINTEK ApS have?

MASKINTEK ApS employs 1 people as of the latest annual report.

Where is MASKINTEK ApS headquartered?

MASKINTEK ApS's registered address is Langelinie Allé 17.