MARKGRAF ApS is a Danish APS based in København V, operating in the Hotels and similar accommodation sector. Incorporated in 2010, the company has 110 employees and reported a gross profit of DKK 32.7m in its latest annual filing.
| Gross profit | 32.7M DKK | +50% |
| EBITDA | 0.6M DKK | +109% |
| Net profit | 6.8M DKK | +189% |
| Total assets | 123.1M DKK | +10% |
| Equity | -13.4M DKK | +34% |
| Employees | 110 | — |
In its most recent annual report (2025), MARKGRAF ApS reported a gross profit of DKK 32.7m, an increase of 50% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 6.8m, and the EBITDA margin stood at 1.9%.
At the end of 2025, current assets covered short-term debt 0.6 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 32,704 | 21,813 | 20,230 | 17,895 | 9,820 |
| Staff expenses | -31,981 | -28,653 | -26,316 | -26,013 | -14,064 |
| EBITDA | 608 | -7,046 | -6,086 | -8,118 | -4,244 |
| Depreciation & amort. | -1,267 | -1,219 | -566 | -1,073 | -1,170 |
| EBIT | -660 | -8,264 | -6,652 | -9,191 | -5,414 |
| Net financials | 1,927 | 110 | -205 | -266 | -255 |
| Profit before tax | 1,267 | -8,154 | -6,857 | -9,458 | -5,669 |
| Tax | -5,567 | -451 | 42 | -118 | -249 |
| Net profit | 6,834 | -7,703 | -6,898 | -9,340 | -5,420 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 123,131 | 112,217 | 95,796 | 79,489 | 71,171 |
| Equity | -13,354 | -20,188 | -12,485 | -5,586 | 3,753 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 136,485 | 132,405 | 108,281 | 85,076 | 67,418 |
| Total debt | 136,485 | 132,405 | 108,281 | 85,076 | 67,418 |
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 |
|---|---|---|
| Current (2) | ||
UP Chief Executive Officer | Chief Executive Officer | 2020 |
KJ Founder | Founder | 2010 |
PA Chief Executive Officer | Chief Executive Officer | 2017 – 2020 |
UP Chief Executive Officer | Chief Executive Officer | 2010 – 2017 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
UP Chairman | Chairman | 2017 |
AE Board of Directors | Board of Directors | 2017 |
PA Board of Directors | Board of Directors | 2017 – 2020 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
Ligula Hospitality Group AB | Company | 100% | 100% | 2010 |
| Person | Role here | Other companies |
|---|---|---|
| Klaus Juel Rasmussen | Founder | 6 companiesMany roles |
| Uwe Peter Hugo Loffler | Chief Executive Officer | 2 companies |
| Uwe Peter Hugo Löffler | Chief Executive Officer | 1 company |
| Ann Erna Marita Ceder | Board of Directors | 1 company |