IGNITE ApS

APSDissolvedAdvertising protection

CVR 31268915Vordingborgvej 187, 4682 TurebyManufacture of ovens, furnaces and permanent household heating equipment· NACE 2821Est. 2008 · 18 years old— employees

Overview

IGNITE ApS is a Danish APS based in Tureby, operating in the Manufacture of ovens, furnaces and permanent household heating equipment sector. Incorporated in 2008, the company reported a gross profit of -DKK 6.3k in its latest annual filing.

Gross profit 2013

-6.3K DKK

EBITDA margin (of gross profit)

100.0 %

Net profit 2013

35.1K DKK

+381% vs 2012

Key ratios

See full ratios →

<−999 %

Very weak

Among the 10% lowest rated companies in the industry

20122013

0.0×

Very weak

Among the 10% lowest rated companies in the industry

20122013

>999 %

Very strong

Among the 10% highest rated companies in the industry

20122013

EBITDA — year on year

DKK

Key figures

Annual report 2013

Gross profit	-6.3K DKK	—
EBITDA	-6.3K DKK	—
Net profit	35.1K DKK	+381%
Total assets	1.6K DKK	0%
Equity	-454.6K DKK	+7%
Employees	—	—

Contact

Address

Vordingborgvej 187, 4682 Tureby

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Financial development

In its most recent annual report (2013), IGNITE ApS reported a gross profit of -DKK 6.3k. The figures on this page draw on 2 annual filings covering 2012 to 2013. The bottom line showed a net profit of DKK 35.1k.

At the end of 2013, current assets covered short-term debt 0 times.

Financials

Gross profit

DKK

EBITDA

DKK

Income statement

DKK thousands

Item	2013	2012
Gross profit	-6	0
Staff expenses	-0	-0
EBITDA	-6	0
Depreciation & amort.	-0	-12
EBIT	-6	-12
Net financials	41	0
Profit before tax	35	-12
Tax	-0	-0
Net profit	35	-12

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Balance sheet

DKK thousands

Item	2013	2012
Total assets	2	2
Equity	-455	-490
Long-term debt	0	0
Short-term debt	456	491
Total debt	456	491

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20122013

Equity ratio

<−999 %

Very weak

Among the 10% lowest rated companies in the industry

20122013

Return on equity

—

20122013

Net profit margin (of gross profit)

>999 %

20122013

Asset turnover (of gross profit)

-3.83×

20122013

Debt / equity

—

20122013

Sector performance

14 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.

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.

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.

Return on net assets (RONA)Not rated

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

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

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 ratioVery weak

Among the 10% lowest 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 ratioVery weak

Among the 10% lowest 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.

Cash conversion ratioVery weak

Among the 10% 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.

Fixed assets to long-term capitalNot rated

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

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.

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 ratioVery weak

Among the 10% 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 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 debtWeak

Among the 30% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

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 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.

Interest coverageNot rated

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

The ability to pay the interest on the company's debt out of its earnings.

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 40% 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 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 (2)


JD Jesper Damm Chief Executive Officer	Chief Executive Officer	2014 – 2015
TD Torben Damm Chief Executive Officer	Chief Executive Officer	2008 – 2013

Board of directors

Non-executive oversight

Name	Role	Member since

Former (2)


JD Jesper Damm Chairman	Chairman	2008 – 2014
TD Torben Damm Board of Directors	Board of Directors	2008 – 2013

Shareholders

Active legal owners

No shareholder data available.

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 IGNITE ApS also hold positions in 3 other companies.

Person	Role here	Other companies
Torben Damm	Chief Executive Officer	2 companies
Jesper Damm	Chief Executive Officer	1 company

Frequently asked questions

What is the CVR number of IGNITE ApS?

IGNITE ApS is registered with CVR / Virk under CVR 31268915.

What is the gross profit of IGNITE ApS?

IGNITE ApS reported a gross profit of -DKK 6.3k in 2013.

Where is IGNITE ApS headquartered?

IGNITE ApS's registered address is Vordingborgvej 187.