GO BREMEN ApS is a Danish APS based in København K, operating in the Other real estate activities on a fee or contract basis sector. Incorporated in 2006, the company reported revenue of DKK 2.8m in its latest annual filing.
| Revenue | 2.8M DKK | -8% |
| EBITDA | 1.6M DKK | -69% |
| Net profit | -1.1M DKK | -184% |
| Total assets | 42.7M DKK | -21% |
| Equity | -6.6M DKK | -19% |
| Employees | — | — |
In its most recent annual report (2020), GO BREMEN ApS reported revenue of DKK 2.8m, a decrease of 8% on the year before. The figures on this page draw on 5 annual filings covering 2016 to 2020. The bottom line showed a net loss of DKK 1.1m, and the EBITDA margin stood at 57.1%.
At the end of 2020, current assets covered short-term debt 24.1 times.
| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 2,793 | 3,037 | 2,938 | 3,040 | 2,922 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 1,594 | 5,079 | 5,235 | 2,983 | 1,267 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 1,594 | 5,079 | 5,235 | 2,983 | 1,267 |
| Net financials | -1,460 | -3,826 | -1,941 | -2,252 | -2,219 |
| Profit before tax | 133 | 1,253 | 3,293 | 731 | -952 |
| Tax | 1,187 | -1 | 76 | 0 | 1 |
| Net profit | -1,053 | 1,254 | 3,217 | 731 | -953 |
| Item | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Total assets | 42,728 | 53,918 | 46,491 | 42,592 | 38,707 |
| Equity | -6,581 | -5,528 | -6,783 | -10,000 | -10,731 |
| Long-term debt | 47,538 | 53,854 | 51,780 | 52,247 | 48,466 |
| Short-term debt | 1,771 | 5,591 | 1,494 | 345 | 973 |
| Total debt | 49,309 | 59,445 | 53,274 | 52,592 | 49,438 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
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.
Net profit as a percentage of total assets — the return generated on the capital employed.
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.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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.
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.
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.
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.
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.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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 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 |
|---|
MG Management | Management | 2019 – 2021 |
Jv Management | Management | 2013 – 2019 |
MC Management | Management | 2008 – 2009 |
GK Management | Management | 2021 – 2022 |
TJ Management | Management | 2008 – 2013 |
DY Management | Management | 2013 – 2016 |
TH Management | Management | 2021 – 2022 |
DW Management | Management | 2016 – 2021 |
TM Management | Management | 2010 – 2013 |
PB Management | Management | 2006 – 2008 |
| Name | Role | Member since |
|---|
MG Deputy Chairman | Deputy Chairman | 2019 – 2020 |
NH Chairman | Chairman | 2008 – 2009 |
Jv Deputy Chairman | Deputy Chairman | 2013 – 2019 |
SS Board of Directors | Board of Directors | 2007 – 2008 |
MC Board of Directors | Board of Directors | 2008 – 2009 |
PG Chairman | Chairman | 2009 – 2010 |
TJ Deputy Chairman | Deputy Chairman | 2007 – 2013 |
DY Chairman | Chairman | 2013 – 2016 |
DW Chairman | Chairman | 2016 – 2020 |
TM Chairman | Chairman | 2010 – 2013 |
AG Board of Directors | Board of Directors | 2006 – 2007 |
PB Chairman | Chairman | 2006 – 2008 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
Dovemco Limited | Company | 5–9.99% | 5–9.99% | 2014 |
Demire Holding VI GmbH | Company | 90–99.99% | 90–99.99% | 2014 |
| Person | Role here | Other companies |
|---|---|---|
| Magnus Glissmann Bojer-Larsen | Management | 27 companiesMany roles |
| Dannie Wai | Management | 15 companiesMany roles |
| Søren Søgaard | Board of Directors | 4 companies |
| Jochem van Rijn | Management | 1 company |
| Peter Back | Management | 1 company |