TM SERVICE ApS

APSBankrupt

CVR 32782205Gammel Køge Landevej 119, 2500 ValbyKombinerede administrationsserviceydelser· NACE 821100Est. 2010 · 16 years old1 employees

Overview

TM SERVICE ApS is a Danish APS based in Valby, operating in the Kombinerede administrationsserviceydelser sector. Incorporated in 2010, the company has 1 employee and reported revenue of DKK 7.8m in its latest annual filing.

Revenue 2019

7.8M DKK

−17% vs 2018

EBITDA margin

2.1 %

−92% vs 2018

Net profit 2019

0M DKK

+218% vs 2018

Key ratios

See full ratios →

16.4 %

Weak

Among the 30% lowest rated companies in the industry

20152019

-0.4×

Very weak

Among the 10% lowest rated companies in the industry

20152019

0.4 %

Weak

Among the 40% lowest rated companies in the industry

20152019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Revenue	7.8M DKK	-17%
EBITDA	0.2M DKK	-92%
Net profit	0M DKK	+218%
Total assets	2M DKK	-61%
Equity	0.3M DKK	+1%
Employees	1	—

Financial development

In its most recent annual report (2019), TM SERVICE ApS reported revenue of DKK 7.8m, a decrease of 17% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net profit of DKK 7.3k, and the EBITDA margin stood at 2.1%.

At the end of 2019, equity financed 16.4% of the balance sheet, and current assets covered short-term debt -0.4 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016	2015
Revenue	7,795	9,336	6,707	5,245	3,180
Staff expenses	-0	-0	-155	-0	-0
EBITDA	165	2,116	2,034	2,186	1,011
Depreciation & amort.	-0	-1,674	-1,617	-1,602	-373
EBIT	165	442	417	584	638
Net financials	-158	-448	-411	-576	-529
Profit before tax	7	-6	6	9	108
Tax	-0	-0	-0	-0	-0
Net profit	7	-6	6	9	108

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2019	2018	2017	2016	2015
Total assets	1,984	5,070	7,102	8,582	7,298
Equity	324	320	326	320	311
Long-term debt	672	1,847	4,401	6,802	0
Short-term debt	987	2,904	2,375	1,460	6,986
Total debt	1,660	4,750	6,776	8,262	6,986

Financial ratios

5-year trend

EBITDA margin

2.1 %

20152019

Equity ratio

16.4 %

Weak

Among the 30% lowest rated companies in the industry

20152019

Return on equity

2.3 %

Weak

Among the 40% lowest rated companies in the industry

20152019

Net profit margin

0.1 %

Weak

Among the 40% lowest rated companies in the industry

20152019

Asset turnover

3.93×

Very strong

Among the 10% highest rated companies in the industry

20152019

Debt / equity

5.12×

Very weak

Among the 10% lowest rated companies in the industry

20152019

Sector performance

26 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 20% lowest rated companies in the industry

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 marginAverage

Around the average of companies in the same industry

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 marginWeak

Among the 40% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 40% lowest 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)Weak

Among the 40% lowest rated companies in the 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)Strong

Among the 40% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

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 ratioVery weak

Among the 10% 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 equityVery strong

Among the 10% highest 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 capitalVery weak

Among the 10% 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 strong

Among the 10% highest rated companies in the industry

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

Debt & solvency

Solidity ratioWeak

Among the 30% 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 ratioWeak

Among the 30% 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.

Debt to equityVery weak

Among the 10% lowest rated companies in the industry

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

Liabilities to equityVery weak

Among the 10% 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 debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

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

Interest coverageAverage

Around the average of companies in the same industry

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

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest 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.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

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

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

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

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 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


GS Gunvor Sundgaard Happe Liquidator	Liquidator	2021 – 2022
AH Anne Holm Christensen Chief Executive Officer	Chief Executive Officer	2010 – 2013
AC Arne Christensen Chief Executive Officer	Chief Executive Officer	2013 – 2021
SL Søren Lund Audit	Audit	2011 – 2015

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Arne Christensen	Individual	100%	100%	2015

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of TM SERVICE ApS also hold positions in 55 other companies.

Person	Role here	Other companies
Gunvor Sundgaard Happe	Liquidator	40 companiesMany roles
Søren Lund	Audit	8 companiesMany roles
Anne Holm Christensen	Chief Executive Officer	4 companies
Arne Christensen	Chief Executive Officer	3 companies

Frequently asked questions

What is the CVR number of TM SERVICE ApS?

TM SERVICE ApS is registered with CVR / Virk under CVR 32782205.

What is the revenue of TM SERVICE ApS?

TM SERVICE ApS reported revenue of DKK 7.8m in 2019.

How many employees does TM SERVICE ApS have?

TM SERVICE ApS employs 1 people as of the latest annual report.

Where is TM SERVICE ApS headquartered?

TM SERVICE ApS's registered address is Gammel Køge Landevej 119.