PROMOCEAN ApS
APSActiveAdvertising protectionCVR 27968562Gammelgade 17B, 4230 SkælskørOther business support service activities n.e.c.· NACE 8299Est. 2004 · 22 years old1 employeeshttps://www.promocean.dk
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Riskpilot← Back to searchSign inGet full accessPROMOCEAN ApS is a Danish APS based in Skælskør, operating in the Other business support service activities n.e.c. sector. Incorporated in 2004, the company has 1 employee and reported a gross profit of DKK 167.3k in its latest annual filing.
| Gross profit | 167.3K DKK | — |
| EBITDA | 126.5K DKK | +32942% |
| Net profit | 124.6K DKK | +33224% |
| Total assets | 249.8K DKK | +64% |
| Equity | 91K DKK | +371% |
| Employees | 1 | — |
In its most recent annual report (2025), PROMOCEAN ApS reported a gross profit of DKK 167.3k. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 124.6k, and the EBITDA margin stood at 75.6%.
At the end of 2025, equity financed 36.4% of the balance sheet, and current assets covered short-term debt 1.6 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 167 | — | 29 | — | 0 |
| Staff expenses | -41 | -0 | -0 | -0 | -0 |
| EBITDA | 127 | 0 | 29 | -204 | -53 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 127 | 0 | 29 | -204 | -53 |
| Net financials | -2 | -0 | -0 | 0 | -0 |
| Profit before tax | 125 | 0 | 29 | -204 | -53 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 125 | 0 | 29 | -204 | -53 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 250 | 152 | 161 | 142 | 311 |
| Equity | 91 | -34 | -34 | -63 | 140 |
| Long-term debt | 0 | 0 | 0 | 1 | 0 |
| Short-term debt | 159 | 186 | 195 | 203 | 171 |
| Total debt | 159 | 186 | 195 | 205 | 171 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 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 flow relative to profit — the ability to convert reported profits into accessible cash.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
BW Management | Management | 2004 |
SW Founder | Founder | 2004 |
ME | Founder | 2004 |
| Name | Role | Member since |
|---|
BW Board of Directors | Board of Directors | 2004 – 2008 |
TK Board of Directors | Board of Directors | 2004 – 2008 |
JP Board of Directors | Board of Directors | 2004 – 2008 |
SW Board of Directors | Board of Directors | 2004 – 2008 |
ME Chairman | Chairman | 2004 – 2007 |
MV Board of Directors | Board of Directors | 2004 – 2008 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 100% | 100% | 2021 | |
| Individual | 100% | 100% | 2004 |
| Person | Role here | Other companies |
|---|---|---|
| Troels Knut Rørbæk Askerud | Board of Directors | 23 companiesMany roles |
| Morten Eric Flyvholm Lorenzen | Founder | 12 companiesMany roles |
| James Patrick Howaldt | Board of Directors | 11 companiesMany roles |
| Michael Vad | Board of Directors | 4 companies |
| Stig Westergaard | Founder | 2 companies |
| Bjørn Westergaard | Management | 1 company |