MF HOLDING DENMARK ApS

APSBankrupt

CVR 28847122Gutenbergvej 13, 9870 SindalRental and operating of own or leased real estate· NACE 6820Est. 2005 · 21 years old1 employees

Overview

MF HOLDING DENMARK ApS is a Danish APS based in Sindal, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2005, the company has 1 employee and reported a gross profit of DKK 429.0k in its latest annual filing.

Gross profit 2017

0.4M DKK

−49% vs 2016

EBITDA margin (of gross profit)

−142.1 %

+83% vs 2016

Net profit 2017

4.6M DKK

+140% vs 2016

Key ratios

See full ratios →

-24.2 %

Very weak

Among the 10% lowest rated companies in the industry

20132017

0.4×

Average

Around the average of companies in the same industry

20132017

44.6 %

Very strong

Among the 10% highest rated companies in the industry

20132017

EBITDA — year on year

DKK thousands

Key figures

Annual report 2017

Gross profit	0.4M DKK	-49%
EBITDA	-0.6M DKK	+83%
Net profit	4.6M DKK	+140%
Total assets	10.2M DKK	+14%
Equity	-2.5M DKK	+65%
Employees	1	—

Financial development

In its most recent annual report (2017), MF HOLDING DENMARK ApS reported a gross profit of DKK 429.0k, a decrease of 49% on the year before. The figures on this page draw on 5 annual filings covering 2013 to 2017. The bottom line showed a net profit of DKK 4.6m, and the EBITDA margin stood at -142.1%.

At the end of 2017, current assets covered short-term debt 0.4 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2017	2016	2015	2014	2013
Gross profit	429	848	—	236	442
Staff expenses	-262	-496	-516	-353	-218
EBITDA	-610	-3,634	-532	-117	225
Depreciation & amort.	-0	-0	105	132	140
EBIT	-610	-3,634	-637	-249	85
Net financials	5,185	-7,706	2,286	-2,530	-1,978
Profit before tax	4,575	-11,340	1,649	-2,778	-1,893
Tax	7	-8	-91	-87	-84
Net profit	4,569	-11,332	1,739	-2,691	-1,809

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Balance sheet

DKK thousands

Item	2017	2016	2015	2014	2013
Total assets	10,243	8,967	12,846	12,142	11,967
Equity	-2,480	-7,048	4,451	3,093	5,785
Long-term debt	2,900	3,017	3,240	3,479	3,553
Short-term debt	5,216	5,916	4,320	3,337	2,525
Total debt	8,116	8,933	7,560	6,816	6,078

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-142.1 %

20132017

Equity ratio

-24.2 %

Very weak

Among the 10% lowest rated companies in the industry

20132017

Return on equity

—

20132017

Net profit margin (of gross profit)

>999 %

20132017

Asset turnover (of gross profit)

0.04×

20132017

Debt / equity

—

20132017

Sector performance

18 of 28 ratios graded

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

Profitability

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 weak

Among the 10% 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.

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.

Liquidity

Current ratioAverage

Around the average of companies in the same 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 ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Fixed assets to long-term capitalVery weak

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

Debt & solvency

Solidity ratioVery weak

Among the 10% 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 40% 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 debtVery strong

Among the 20% highest 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 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.

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 capitalVery weak

Among the 10% 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 debtStrong

Among the 30% 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.

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 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-06-30
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
Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


PJ Per Jeppesen Management	Management	2005 – 2019

Board of directors

Non-executive oversight

Name	Role	Member since

Former (3)


LS Lars Sigurd Espersen Chairman	Chairman	2008 – 2015
WB Willy Bjerregaard Board of Directors	Board of Directors	2008 – 2015
PJ Per Jeppesen Board of Directors	Board of Directors	2005 – 2015

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Per Jeppesen	Individual	100%	100%	2005

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 MF HOLDING DENMARK ApS also hold positions in 16 other companies.

Person	Role here	Other companies
Lars Sigurd Espersen	Chairman	15 companiesMany roles
Willy Bjerregaard	Board of Directors	1 company

Frequently asked questions

What is the CVR number of MF HOLDING DENMARK ApS?

MF HOLDING DENMARK ApS is registered with CVR / Virk under CVR 28847122.

What is the gross profit of MF HOLDING DENMARK ApS?

MF HOLDING DENMARK ApS reported a gross profit of DKK 429.0k in 2017.

How many employees does MF HOLDING DENMARK ApS have?

MF HOLDING DENMARK ApS employs 1 people as of the latest annual report.

Where is MF HOLDING DENMARK ApS headquartered?

MF HOLDING DENMARK ApS's registered address is Gutenbergvej 13.