GLARMESTER BERTELSENS EFTF. ApS

APSActive

CVR 27725678Håndværkervej 10, 9700 BrønderslevPainting and glazing· NACE 4334Est. 2004 · 22 years old3 employees

Overview

GLARMESTER BERTELSENS EFTF. ApS is a Danish APS based in Brønderslev, operating in the Painting and glazing sector. Incorporated in 2004, the company has 3 employees and reported a gross profit of DKK 1.3m in its latest annual filing.

Gross profit 2025

1.3M DKK

−19% vs 2024

EBITDA margin (of gross profit)

−8.7 %

−141% vs 2024

Net profit 2025

-0.1M DKK

-181% vs 2024

Key ratios

See full ratios →

63.5 %

Strong

Among the 30% highest rated companies in the industry

20212025

2.4×

Strong

Among the 30% highest rated companies in the industry

20212025

-11.3 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	1.3M DKK	-19%
EBITDA	-0.1M DKK	-141%
Net profit	-0.1M DKK	-181%
Total assets	1.2M DKK	-15%
Equity	0.8M DKK	-15%
Employees	3	—

Contact

Address

Håndværkervej 10, 9700 Brønderslev

info@bertelsen-eftf.dk

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Financial development

In its most recent annual report (2025), GLARMESTER BERTELSENS EFTF. ApS reported a gross profit of DKK 1.3m, a decrease of 19% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 139.9k, and the EBITDA margin stood at -8.7%.

At the end of 2025, equity financed 63.5% of the balance sheet, and current assets covered short-term debt 2.4 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	1,260	1,548	1,309	1,966	1,311
Staff expenses	-1,370	-1,279	-1,366	-1,504	-1,252
EBITDA	-110	268	-57	463	59
Depreciation & amort.	-53	-36	-75	-114	-104
EBIT	-162	232	-132	349	-45
Net financials	-1	-9	-3	-8	-17
Profit before tax	-163	223	-135	341	-62
Tax	-23	51	-29	78	-11
Net profit	-140	172	-106	263	-51

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	1,241	1,462	1,279	1,429	1,384
Equity	788	928	755	976	713
Long-term debt	0	1	0	55	0
Short-term debt	453	513	523	393	671
Total debt	453	514	523	448	671

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-8.7 %

20212025

Equity ratio

63.5 %

Strong

Among the 30% highest rated companies in the industry

20212025

Return on equity

-17.8 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

Net profit margin (of gross profit)

-11.1 %

20212025

Asset turnover (of gross profit)

1.02×

20212025

Debt / equity

0.58×

Strong

Among the 30% highest rated companies in the industry

20212025

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)Very weak

Among the 20% 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)Very weak

Among the 20% 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.

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 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 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 30% 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 equityStrong

Among the 40% 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 capitalAverage

Around the average of companies in the same 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 20% 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 20% 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 20% 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 debtStrong

Among the 30% highest 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 20% 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 debtStrong

Among the 40% highest 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 2025
Filed via CVR / Virk · Period 2024-05-01 – 2025-04-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-05-01 – 2024-04-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-05-01 – 2023-04-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-05-01 – 2022-04-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-05-01 – 2021-04-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (6)
HV Henrik Villadsen Bækhøj Management	Management	2005
KB Knud Brogaard Founder	Founder	2004
MM Michael Munck Founder	Founder	2004
NV Niels Vanggaard Founder	Founder	2004
KP Kim Pedersen Founder	Founder	2004
MM Majbrit Marie Høgh Pedersen Founder	Founder	2004

Board of directors

Non-executive oversight

Name	Role	Member since

Former (7)


HV Henrik Villadsen Bækhøj Board of Directors	Board of Directors	2004 – 2009
KB Knud Brogaard Board of Directors	Board of Directors	2004 – 2009
MM Michael Munck Board of Directors	Board of Directors	2004 – 2005
KF Knud Fischer Chairman	Chairman	2004 – 2009
NV Niels Vanggaard Board of Directors	Board of Directors	2004 – 2008
KP Kim Pedersen Board of Directors	Board of Directors	2004 – 2006
MM Majbrit Marie Høgh Pedersen Board of Directors	Board of Directors	2004 – 2009

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Henrik Villadsen Bækhøj	Individual	100%	100%	2009

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 GLARMESTER BERTELSENS EFTF. ApS also hold positions in 3 other companies.

Person	Role here	Other companies
Knud Fischer	Chairman	2 companies
Henrik Villadsen Bækhøj	Management	1 company

Frequently asked questions

What is the CVR number of GLARMESTER BERTELSENS EFTF. ApS?

GLARMESTER BERTELSENS EFTF. ApS is registered with CVR / Virk under CVR 27725678.

What is the gross profit of GLARMESTER BERTELSENS EFTF. ApS?

GLARMESTER BERTELSENS EFTF. ApS reported a gross profit of DKK 1.3m in 2025.

How many employees does GLARMESTER BERTELSENS EFTF. ApS have?

GLARMESTER BERTELSENS EFTF. ApS employs 3 people as of the latest annual report.

Where is GLARMESTER BERTELSENS EFTF. ApS headquartered?

GLARMESTER BERTELSENS EFTF. ApS's registered address is Håndværkervej 10.