LUC NORDIC ApS is a Danish APS based in Skagen, operating in the Activities of holding companies sector. Incorporated in 2010, the company reported a gross profit of DKK 170.2k in its latest annual filing.
| Gross profit | 0.2M DKK | +525% |
| EBITDA | 0.2M DKK | +525% |
| Net profit | 0.1M DKK | +133% |
| Total assets | 2.3M DKK | -22% |
| Equity | -0.5M DKK | +13% |
| Employees | — | — |
In its most recent annual report (2024), LUC NORDIC ApS reported a gross profit of DKK 170.2k, an increase of 525% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of DKK 78.3k, and the EBITDA margin stood at 100%.
At the end of 2024, current assets covered short-term debt 0.4 times.
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Gross profit | 170 | 27 | -3 | 7 | 18 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 170 | 27 | -3 | 7 | 18 |
| Depreciation & amort. | -12 | -12 | -12 | -12 | -0 |
| EBIT | 159 | 16 | -15 | -5 | 18 |
| Net financials | -87 | -251 | -70 | -213 | -139 |
| Profit before tax | 72 | -235 | -85 | -217 | -121 |
| Tax | -7 | -0 | 45 | -34 | -62 |
| Net profit | 78 | -235 | -129 | -184 | -59 |
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 2,323 | 2,981 | 3,153 | 4,533 | 3,567 |
| Equity | -508 | -586 | -351 | -221 | 10 |
| Long-term debt | 2,739 | 1,195 | 1,239 | 1,283 | 1,395 |
| Short-term debt | 92 | 2,372 | 2,265 | 3,471 | 2,163 |
| Total debt | 2,831 | 3,567 | 3,504 | 4,754 | 3,558 |
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.
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 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.
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 |
|---|
LU Management | Management | 2014 – 2025 |
PA Management | Management | 2013 – 2014 |
| Name | Role | Member since |
|---|
OV Board of Directors | Board of Directors | 2012 – 2018 |
OW Board of Directors | Board of Directors | 2012 – 2018 |
LU Board of Directors | Board of Directors | 2015 – 2018 |
PA Board of Directors | Board of Directors | 2013 – 2015 |
PE Board of Directors | Board of Directors | 2014 – 2018 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2018 | |
| Company | 25–33.32% | 25–33.32% | 2012 | |
| Company | 25–33.32% | 25–33.32% | 2012 |
| Person | Role here | Other companies |
|---|---|---|
| Poul Erik Kristiansen Bagger | Board of Directors | 8 companiesMany roles |
| Ole Vrist Antonsen | Board of Directors | 4 companies |
| Ole Westergaard-Jensen | Board of Directors | 4 companies |
| Palle August Christensen | Management | 3 companies |
| Lars Ulrik Christensen | Management | 2 companies |