Ok Tools A/S

A/SBankrupt

CVR 32887309Hedemarken 1, 7200 GrindstedFremstilling af andre plastprodukter· NACE 222900Est. 2010 · 16 years old0 employees

Overview

Ok Tools A/S is a Danish A/S based in Grindsted, operating in the Fremstilling af andre plastprodukter sector. Incorporated in 2010, the company has 0 employees and reported a gross profit of DKK 2.0m in its latest annual filing.

Gross profit 2013

2M DKK

−28% vs 2012

EBITDA margin (of gross profit)

−32.5 %

+24% vs 2012

Net profit 2013

-1.5M DKK

-281% vs 2012

Key ratios

See full ratios →

-48.9 %

Very weak

Among the 20% lowest rated companies in the industry

20122013

0.6×

Very weak

Among the 20% lowest rated companies in the industry

20122013

-26.7 %

Very weak

Among the 20% lowest rated companies in the industry

20122013

EBITDA — year on year

DKK thousands

Key figures

Annual report 2013

Gross profit	2M DKK	-28%
EBITDA	-0.7M DKK	+24%
Net profit	-1.5M DKK	-281%
Total assets	5.5M DKK	-17%
Equity	-2.7M DKK	-120%
Employees	0	—

Financial development

In its most recent annual report (2013), Ok Tools A/S reported a gross profit of DKK 2.0m, a decrease of 28% on the year before. The figures on this page draw on 2 annual filings covering 2012 to 2013. The bottom line showed a net loss of DKK 1.5m, and the EBITDA margin stood at -32.5%.

At the end of 2013, current assets covered short-term debt 0.6 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2013	2012
Gross profit	2,035	2,826
Staff expenses	-2,696	-3,700
EBITDA	-661	-874
Depreciation & amort.	-897	857
EBIT	-1,558	-1,731
Net financials	88	2,545
Profit before tax	-1,470	814
Tax	-0	-0
Net profit	-1,470	814

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Balance sheet

DKK thousands

Item	2013	2012
Total assets	5,507	6,638
Equity	-2,692	-1,222
Long-term debt	4,250	5,739
Short-term debt	3,949	2,121
Total debt	8,199	7,859

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-32.5 %

20122013

Equity ratio

-48.9 %

Very weak

Among the 20% lowest rated companies in the industry

20122013

Return on equity

—

20122013

Net profit margin (of gross profit)

-72.2 %

20122013

Asset turnover (of gross profit)

0.37×

20122013

Debt / equity

—

20122013

Sector performance

17 of 28 ratios graded

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

Profitability

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

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

Capacity ratioVery weak

Among the 20% lowest rated companies in the industry

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.

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.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioVery weak

Among the 20% 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 20% 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 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

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 weak

Among the 20% lowest rated companies in the industry

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

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

Debt & solvency

Solidity ratioVery weak

Among the 20% 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 ratioVery weak

Among the 20% 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.

Income to debtVery weak

Among the 20% lowest rated companies in the industry

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

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

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

Interest coverageWeak

Among the 30% lowest rated companies in the industry

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

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest marginVery weak

Among the 20% 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.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Equity to contributed capitalVery weak

Among the 10% lowest 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 debtAverage

Around the average of companies in the same 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.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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

Annual reports & filings

Annual report 2013
Filed via CVR / Virk · Period 2012-07-01 – 2013-06-30
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-07-01 – 2012-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


OW Ole Winterskov Chief Executive Officer	Chief Executive Officer	2010 – 2014
AM Anne Marie Winterskov Founder	Founder	2010 – 2015
FL Frantz Lauritzen Founder	Founder	2010 – 2015

Board of directors

Non-executive oversight

Name	Role	Member since

Former (7)


HS Henrik Senius Pedersen Board of Directors	Board of Directors	2010 – 2011
JN Jan Nørskov Laursen Board of Directors	Board of Directors	2012 – 2014
FC Flemming Clausen Chairman	Chairman	2012 – 2014
OW Ole Winterskov Board of Directors	Board of Directors	2010 – 2014
AM Anne Marie Winterskov Board of Directors	Board of Directors	2010 – 2010
JH Jørn Hansen Board of Directors	Board of Directors	2014 – 2014
FL Frantz Lauritzen Chairman	Chairman	2010 – 2012

Shareholders

Active legal owners

No shareholder data available.

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

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Ok Tools A/S also hold positions in 26 other companies.

Person	Role here	Other companies
Jan Nørskov Laursen	Board of Directors	15 companiesMany roles
Flemming Clausen	Chairman	6 companiesMany roles
Henrik Senius Pedersen	Board of Directors	4 companies
Jørn Hansen	Board of Directors	1 company

Frequently asked questions

What is the CVR number of Ok Tools A/S?

Ok Tools A/S is registered with CVR / Virk under CVR 32887309.

What is the gross profit of Ok Tools A/S?

Ok Tools A/S reported a gross profit of DKK 2.0m in 2013.

Where is Ok Tools A/S headquartered?

Ok Tools A/S's registered address is Hedemarken 1.