YOUNG DRIVER ApS is a Danish APS based in Fredericia, operating in the Operation of sports facilities sector. Incorporated in 2008, the company has 1 employee and reported a gross profit of -DKK 19.1m in its latest annual filing.
| Gross profit | -19.1M DKK | +43% |
| EBITDA | -19.2M DKK | -43% |
| Net profit | -26.5M DKK | -84% |
| Total assets | 11.1M DKK | -54% |
| Equity | -55.1M DKK | -93% |
| Employees | 1 | — |
In its most recent annual report (2015), YOUNG DRIVER ApS reported a gross profit of -DKK 19.1m. The figures on this page draw on 4 annual filings covering 2012 to 2015. The bottom line showed a net loss of DKK 26.5m.
At the end of 2015, current assets covered short-term debt 0.1 times.
| Item | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|
| Gross profit | -19,150 | -13,360 | -10,566 | 386 |
| Staff expenses | -65 | -72 | -94 | -347 |
| EBITDA | -19,214 | -13,432 | -10,660 | 39 |
| Depreciation & amort. | -3,240 | -903 | -2,894 | -1,395 |
| EBIT | -22,454 | -14,335 | -13,554 | -1,355 |
| Net financials | -763 | -1,130 | -236 | -41 |
| Profit before tax | -23,217 | -15,465 | -13,790 | -1,396 |
| Tax | 3,316 | -1,056 | -2,827 | -349 |
| Net profit | -26,533 | -14,409 | -10,962 | -1,048 |
| Item | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|
| Total assets | 11,120 | 24,139 | 22,450 | 15,120 |
| Equity | -55,065 | -28,532 | -14,122 | -3,160 |
| Long-term debt | 0 | 0 | 0 | 0 |
| Short-term debt | 66,185 | 52,670 | 36,572 | 18,280 |
| Total debt | 66,185 | 52,670 | 36,572 | 18,280 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
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.
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 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.
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.
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.
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.
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 total assets — the ability to generate revenue from the asset base.
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 |
|---|
JS Management | Management | 2008 – 2011 |
EJ Founder | Founder | 2008 – 2016 |
LT Management | Management | 2011 – 2016 |
| Name | Role | Member since |
|---|
JS Board of Directors | Board of Directors | 2008 – 2011 |
AK Chairman | Chairman | 2008 – 2011 |
EJ Board of Directors | Board of Directors | 2008 – 2011 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2011 |
| Person | Role here | Other companies |
|---|---|---|
| Anders Kirk Johansen | Chairman | 43 companiesMany roles |
| Erik Jensen Skjærbæk | Founder | 29 companiesMany roles |
| Lars Taarn Pedersen | Management | 11 companiesMany roles |
| Jan Struve | Management | 8 companiesMany roles |