PASECO ApS

APSDissolved

CVR 31363608Baldersbuen 27, 2640 HedehuseneKonsulentbistand vedrørende informationsteknologi· NACE 620200Est. 2008 · 18 years old— employees

Overview

PASECO ApS is a Danish APS based in Hedehusene, operating in the Konsulentbistand vedrørende informationsteknologi sector. Incorporated in 2008, the company reported a gross profit of -DKK 10.9m in its latest annual filing.

Gross profit 2014

-10.9M DKK

−379% vs 2013

EBITDA margin (of gross profit)

100.0 %

−379% vs 2013

Net profit 2014

2.6M DKK

+17% vs 2013

Key ratios

See full ratios →

40.3 %

Average

Around the average of companies in the same industry

20122014

2.1×

Strong

Among the 40% highest rated companies in the industry

20122014

6.2 %

Strong

Among the 40% highest rated companies in the industry

20122014

EBITDA — year on year

DKK millions

Key figures

Annual report 2014

Gross profit	-10.9M DKK	-379%
EBITDA	-10.9M DKK	-379%
Net profit	2.6M DKK	+17%
Total assets	41.3M DKK	+42%
Equity	16.6M DKK	+22%
Employees	—	—

Financial development

In its most recent annual report (2014), PASECO ApS reported a gross profit of -DKK 10.9m, a decrease of 379% on the year before. The figures on this page draw on 4 annual filings covering 2012 to 2014. The bottom line showed a net profit of DKK 2.6m.

At the end of 2014, equity financed 40.3% of the balance sheet, and current assets covered short-term debt 2.1 times.

Financials

Gross profit

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2014	2013	2013	2012
Gross profit	-10,904	3,912	-94	-289
Staff expenses	-0	-0	-0	-0
EBITDA	-10,904	3,912	-94	-289
Depreciation & amort.	-0	-0	-0	-0
EBIT	-10,904	3,912	-94	-289
Net financials	14,895	-356	3,164	2,509
Profit before tax	3,990	3,556	3,071	2,220
Tax	1,419	1,361	736	840
Net profit	2,571	2,195	1,972	1,380

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Balance sheet

DKK thousands

Item	2014	2013	2013	2012
Total assets	41,257	28,987	10,886	8,375
Equity	16,640	13,672	4,868	1,380
Long-term debt	0	0	0	0
Short-term debt	16,164	12,224	4,441	5,771
Total debt	16,164	12,224	4,441	5,771

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20122014

Equity ratio

40.3 %

Average

Around the average of companies in the same industry

20122014

Return on equity

15.5 %

Average

Around the average of companies in the same industry

20122014

Net profit margin (of gross profit)

>999 %

20122014

Asset turnover (of gross profit)

-0.26×

20122014

Debt / equity

1.48×

Average

Around the average of companies in the same industry

20122014

Sector performance

21 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)Strong

Among the 40% 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)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)Weak

Among the 30% 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.

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 ratioVery weak

Among the 20% 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 capitalWeak

Among the 30% 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 10% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same 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 40% 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 equityAverage

Around the average of companies in the same industry

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

Liabilities to equityWeak

Among the 40% 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 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 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 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.

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 strong

Among the 10% 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 equityStrong

Among the 30% highest rated companies in the industry

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

One-year change in debtWeak

Among the 30% lowest 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 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2013-09-01 – 2013-12-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-09-01 – 2013-08-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-09-01 – 2012-08-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (5)


PW Peter Wedel Ranch Krarup Liquidator	Liquidator	2016 – 2016
FL Finn Lynge Jepsen Liquidator	Liquidator	2016 – 2016
OL Ole Lange Abildgaard Chief Executive Officer	Chief Executive Officer	2011 – 2016
BR Baltic Renewable plc., Founder	Founder	2008 – 2016
SH Søren Holmstrøm Degn Management	Management	2008 – 2011

Board of directors

Non-executive oversight

Name	Role	Member since

Former (3)


OL Ole Lange Abildgaard Board of Directors	Board of Directors	2008 – 2011
AM Aldo Michael Noes Petersen Board of Directors	Board of Directors	2008 – 2011
SH Søren Holmstrøm Degn Board of Directors	Board of Directors	2008 – 2011

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Ole Lange Abildgaard	Individual	100%	100%	2011

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 PASECO ApS also hold positions in 141 other companies.

Person	Role here	Other companies
Finn Lynge Jepsen	Liquidator	54 companiesMany roles
Peter Wedel Ranch Krarup	Liquidator	49 companiesMany roles
Aldo Michael Noes Petersen	Board of Directors	19 companiesMany roles
Søren Holmstrøm Degn	Management	10 companiesMany roles
Ole Lange Abildgaard	Chief Executive Officer	9 companiesMany roles

Frequently asked questions

What is the CVR number of PASECO ApS?

PASECO ApS is registered with CVR / Virk under CVR 31363608.

What is the gross profit of PASECO ApS?

PASECO ApS reported a gross profit of -DKK 10.9m in 2014.

Where is PASECO ApS headquartered?

PASECO ApS's registered address is Baldersbuen 27.