MARZABAL DENMARK ApS

APSDissolved

CVR 30276167Dirch Passers Allé 76, 2000 FrederiksbergInvesteringsselskaber· NACE 643030Est. 2007 · 19 years old— employees

Overview

MARZABAL DENMARK ApS is a Danish APS based in Frederiksberg, operating in the Investeringsselskaber sector. Incorporated in 2007, the company reported a gross profit of -DKK 1.5m in its latest annual filing.

Gross profit 2016

-1.5M DKK

+356% vs 2015

EBITDA margin (of gross profit)

−100.2 %

+155% vs 2015

Net profit 2016

1.6M DKK

+382% vs 2015

Key ratios

See full ratios →

58.1 %

Weak

Among the 30% lowest rated companies in the industry

20122016

5.6×

Strong

Among the 40% highest rated companies in the industry

20122016

4.2 %

Average

Around the average of companies in the same industry

20122016

EBITDA — year on year

DKK thousands

Key figures

Annual report 2016

Gross profit	-1.5M DKK	+356%
EBITDA	1.5M DKK	+155%
Net profit	1.6M DKK	+382%
Total assets	36.7M DKK	-41%
Equity	21.3M DKK	-44%
Employees	—	—

Financial development

In its most recent annual report (2016), MARZABAL DENMARK ApS reported a gross profit of -DKK 1.5m. The figures on this page draw on 5 annual filings covering 2012 to 2016. The bottom line showed a net profit of DKK 1.6m.

At the end of 2016, equity financed 58.1% of the balance sheet, and current assets covered short-term debt 5.6 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2016	2015	2014	2013	2012
Gross profit	-1,518	-333	1,739	3,083	2,599
Staff expenses	-0	-0	-0	-0	-0
EBITDA	1,521	597	1,246	-1,199	2,622
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	1,521	597	1,246	-1,199	2,622
Net financials	191	-129	-110	-10	-900
Profit before tax	1,712	467	1,136	-1,209	1,722
Tax	152	144	172	80	278
Net profit	1,560	323	964	-1,288	1,444

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Balance sheet

DKK thousands

Item	2016	2015	2014	2013	2012
Total assets	36,710	62,151	62,519	64,823	69,517
Equity	21,339	37,779	37,456	38,492	41,780
Long-term debt	13,840	14,300	23,185	24,268	25,351
Short-term debt	1,531	10,072	1,878	2,063	2,386
Total debt	15,371	24,372	25,063	26,331	27,737

Financial ratios

5-year trend

EBITDA margin (of gross profit)

>999 %

20122016

Equity ratio

58.1 %

Weak

Among the 30% lowest rated companies in the industry

20122016

Return on equity

7.3 %

Average

Around the average of companies in the same industry

20122016

Net profit margin (of gross profit)

>999 %

20122016

Asset turnover (of gross profit)

-0.04×

20122016

Debt / equity

0.72×

Weak

Among the 30% lowest rated companies in the industry

20122016

Sector performance

22 of 28 ratios graded

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

Profitability

Return on equity (ROE)Average

Around the average of companies in the same 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)Very strong

Among the 10% highest rated companies in the industry

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

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.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

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 ratioStrong

Among the 40% 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 equityAverage

Around the average of companies in the same 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 strong

Among the 20% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% 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 30% 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.

Debt to equityWeak

Among the 30% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 30% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the 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 debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same 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 capitalVery strong

Among the 20% highest 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 equityVery weak

Among the 10% lowest rated companies in the industry

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

One-year change in debtVery strong

Among the 20% 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 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
Annual report 2012
Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


BB Bertil Bak Wogensen Management	Management	2007 – 2009
MS Marzabal SL Founder	Founder	2007 – 2017
LM Luís Martín Toledano Núñez Chief Executive Officer	Chief Executive Officer	2009 – 2017
AG Ana Greta Mengs y Jacobsen Management	Management	2007 – 2009

Board of directors

Non-executive oversight

Name	Role	Member since

Former (3)


CL Carlos Luis Rodriguez-San Pedro y Martos Deputy Chairman	Deputy Chairman	2007 – 2017
NC Nicolas Cotoner y Martos Chairman	Chairman	2007 – 2017
LM Luis Martin-Toledano Núnez Board of Directors	Board of Directors	2007 – 2017

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Marzabal S.L.	Individual	100%	100%	2007

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of MARZABAL DENMARK ApS also hold positions in 3 other companies.

Person	Role here	Other companies
Bertil Bak Wogensen	Management	3 companies

Frequently asked questions

What is the CVR number of MARZABAL DENMARK ApS?

MARZABAL DENMARK ApS is registered with CVR / Virk under CVR 30276167.

What is the gross profit of MARZABAL DENMARK ApS?

MARZABAL DENMARK ApS reported a gross profit of -DKK 1.5m in 2016.

Where is MARZABAL DENMARK ApS headquartered?

MARZABAL DENMARK ApS's registered address is Dirch Passers Allé 76.