PINONLINE ApS

APSDissolved

CVR 30175034Ålholmvej 43, 2500 ValbyRental and operating of own or leased real estate· NACE 6820Est. 2007 · 19 years old2 employees

Overview

PINONLINE ApS is a Danish APS based in Valby, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2007, the company has 2 employees and reported a gross profit of DKK 575.6k in its latest annual filing.

Gross profit 2022

0.6M DKK

+13% vs 2021

EBITDA margin (of gross profit)

44.6 %

+31% vs 2021

Net profit 2022

0.2M DKK

-3% vs 2021

Key ratios

See full ratios →

64.4 %

Strong

Among the 30% highest rated companies in the industry

20182022

1.4×

Strong

Among the 40% highest rated companies in the industry

20182022

2.1 %

Average

Around the average of companies in the same industry

20182022

EBITDA — year on year

DKK thousands

Key figures

Annual report 2022

Gross profit	0.6M DKK	+13%
EBITDA	0.3M DKK	+31%
Net profit	0.2M DKK	-3%
Total assets	9M DKK	-1%
Equity	5.8M DKK	+3%
Employees	2	—

Financial development

In its most recent annual report (2022), PINONLINE ApS reported a gross profit of DKK 575.6k, an increase of 13% 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 186.7k, and the EBITDA margin stood at 44.6%.

At the end of 2022, equity financed 64.4% of the balance sheet, and current assets covered short-term debt 1.4 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2022	2021	2020	2019	2018
Gross profit	576	511	1,031	794	1,177
Staff expenses	-319	-315	-369	-410	-133
EBITDA	257	196	662	384	729
Depreciation & amort.	-17	-0	-98	-101	-119
EBIT	240	196	564	283	610
Net financials	-0	-4	-103	-62	33
Profit before tax	239	192	461	221	643
Tax	53	-0	41	-96	147
Net profit	187	192	336	317	506

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Balance sheet

DKK thousands

Item	2022	2021	2020	2019	2018
Total assets	8,955	9,074	9,037	9,015	7,255
Equity	5,763	5,577	5,338	5,002	4,685
Long-term debt	0	0	0	0	350
Short-term debt	3,192	3,373	3,661	3,973	2,203
Total debt	3,192	3,373	3,661	3,973	2,554

Financial ratios

5-year trend

EBITDA margin (of gross profit)

44.6 %

20182022

Equity ratio

64.4 %

Strong

Among the 30% highest rated companies in the industry

20182022

Return on equity

3.2 %

Weak

Among the 40% lowest rated companies in the industry

20182022

Net profit margin (of gross profit)

32.4 %

20182022

Asset turnover (of gross profit)

0.06×

20182022

Debt / equity

0.55×

Strong

Among the 30% highest rated companies in the industry

20182022

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)Weak

Among the 40% 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)Average

Around the average of companies in the same industry

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

Return on net assets (RONA)Average

Around the average of companies in the same 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)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 40% 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 40% 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 ratioStrong

Among the 40% highest rated companies in the 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.

Current assets to equityWeak

Among the 30% lowest 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 capitalStrong

Among the 30% highest 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 ratioAverage

Around the average of companies in the same 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 debtStrong

Among the 40% highest rated companies in the 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 coverageVery strong

Among the 10% highest 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 10% highest 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 40% 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.

Efficiency & development

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

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.

Annual reports & filings

Annual report 2022
Filed via CVR / Virk · Period 2021-07-01 – 2022-06-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-07-01 – 2020-06-30
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-07-01 – 2019-06-30
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-07-01 – 2018-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (8)


AH Amir Hussain Chief Executive Officer	Chief Executive Officer	2013 – 2016
SM Syed Mahmood Shah Management	Management	2022 – 2024
SI Shakeel Ikram Management	Management	2007 – 2009
SS Steen Schierbeck Management	Management	2007 – 2007
SI Sheikh Imran Ali Azmat Management	Management	2016 – 2017
AR Ata-Ur Rehman Chief Executive Officer	Chief Executive Officer	2012 – 2013
SH Safdar Hussain Management	Management	2009 – 2010
PJ Peter Jerry Sørensen Management	Management	2010 – 2012

Board of directors

Non-executive oversight

Name	Role	Member since

Former (9)


AH Amir Hussain Board of Directors	Board of Directors	2013 – 2018
SM Syed Mahmood Shah Chairman	Chairman	2010 – 2017
FI Fahad Islam Board of Directors	Board of Directors	2013 – 2018
IA Imtiaz Ahmed Board of Directors	Board of Directors	2010 – 2013
QH Qamar Hussain Board of Directors	Board of Directors	2009 – 2010
SI Shakeel Ikram Chairman	Chairman	2009 – 2010
AR Ata-Ur Rehman Board of Directors	Board of Directors	2010 – 2018
MB Mehnaz Bibi Board of Directors	Board of Directors	2010 – 2013
SH Safdar Hussain Board of Directors	Board of Directors	2009 – 2010

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Syed Mahmood Shah	Individual	100%	100%	2007

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 PINONLINE ApS also hold positions in 26 other companies.

Person	Role here	Other companies
Steen Schierbeck	Management	10 companiesMany roles
Imtiaz Ahmed	Board of Directors	9 companiesMany roles
Shakeel Ikram	Management	2 companies
Safdar Hussain	Management	2 companies
Amir Hussain	Chief Executive Officer	1 company
Qamar Hussain	Board of Directors	1 company
Mehnaz Bibi	Board of Directors	1 company

Frequently asked questions

What is the CVR number of PINONLINE ApS?

PINONLINE ApS is registered with CVR / Virk under CVR 30175034.

What is the gross profit of PINONLINE ApS?

PINONLINE ApS reported a gross profit of DKK 575.6k in 2022.

How many employees does PINONLINE ApS have?

PINONLINE ApS employs 2 people as of the latest annual report.

Where is PINONLINE ApS headquartered?

PINONLINE ApS's registered address is Ålholmvej 43.