Mathi ApS
APSActiveAdvertising protectionCVR 32890032Nygårdsvænget 25, 8370 HadstenComputer consultancy and computer facilities management activities· NACE 6220Est. 2010 · 16 years old1 employees
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Overview
Mathi ApS is a Danish APS based in Hadsten, operating in the Computer consultancy and computer facilities management activities sector. Incorporated in 2010, the company has 1 employee and reported a gross profit of DKK 6.2k in its latest annual filing.
Gross profit 2025
6.2K DKK
−76% vs 2024
EBITDA margin (of gross profit)
100.0 %
−76% vs 2024
Net profit 2025
-13.3K DKK
-163% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-3.0 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.0×
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-20.9 %
WeakAmong the 30% lowest rated companies in the industry
20212025
EBITDA — year on year
DKK thousandsKey figures
Annual report 2025| Gross profit | 6.2K DKK | -76% |
| EBITDA | 6.2K DKK | -76% |
| Net profit | -13.3K DKK | -163% |
| Total assets | 63.6K DKK | -29% |
| Equity | -1.9K DKK | -111% |
| Employees | 1 | — |
Company information
Legal name
Mathi ApS
CVR number
32890032
Legal form
Anpartsselskab
Founded
1 May 2010 · 16 years
Share capital
DKK 80,000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af én direktør alene eller af den samlede direktion
Company purpose
Selskabets formål er at drive IT-virksomhed med særlig fokus på webløsninger samt efter direktionens skøn dermed beslægtet virksomhed
(no translation available)
Contact
Address
Nygårdsvænget 25, 8370 Hadsten
Phone
+45 2789 0091
Email
mathi@mathi.dk
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2025), Mathi ApS reported a gross profit of DKK 6.2k, a decrease of 76% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 13.3k, and the EBITDA margin stood at 100%.
At the end of 2025, current assets covered short-term debt 1 times.
Financials
Gross profit
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 6 | 26 | 21 | 6 | 411 |
| Staff expenses | -0 | -0 | -0 | -332 | -467 |
| EBITDA | 6 | 26 | 20 | -326 | -56 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 6 | 26 | 20 | -326 | -56 |
| Net financials | 1 | 1 | -2 | -4 | -9 |
| Profit before tax | 7 | 27 | 19 | -329 | -65 |
| Tax | 20 | 6 | 3 | 5 | -24 |
| Net profit | -13 | 21 | 15 | -334 | -41 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 64 | 89 | 101 | 101 | 494 |
| Equity | -2 | 17 | -5 | -20 | 314 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 66 | 73 | 106 | 121 | 180 |
| Total debt | 66 | 73 | 106 | 121 | 180 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
100.0 %
20212025
Equity ratio
-3.0 %
Very weakAmong the 20% lowest rated companies in the industry
20212025
Return on equity
—
20212025
Net profit margin (of gross profit)
-213.6 %
20212025
Asset turnover (of gross profit)
0.10×
20212025
Debt / equity
—
20212025
Sector performance
16 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on assets (ROA)Weak
Among the 30% 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)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.
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.
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 ratioWeak
Among the 30% 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 ratioWeak
Among the 30% 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 ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioVery weak
Among the 10% 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.
Fixed assets to long-term capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
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 debtWeak
Among the 30% 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 coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtStrong
Among the 40% highest 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 30% 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 20% 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 equityVery weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest rated companies in the 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.
Annual reports & filings
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
VK Founder | Founder | 2010 |
MK Management | Management | 2010 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 | |
| Individual | 100% | 100% | 2022 | |
| Individual | 50–66.65% | 50–66.65% | 2010 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Company hierarchy
Mathi Holding ApS
Mathi ApS Board network connections
Board members of Mathi ApS also hold positions in 4 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Vathanan Kumarathurai | Founder | 3 companies |
| Mathi Kumarathurai | Management | 1 company |
Frequently asked questions
What is the CVR number of Mathi ApS?
Mathi ApS is registered with CVR / Virk under CVR 32890032.
What is the gross profit of Mathi ApS?
Mathi ApS reported a gross profit of DKK 6.2k in 2025.
How many employees does Mathi ApS have?
Mathi ApS employs 1 people as of the latest annual report.
Where is Mathi ApS headquartered?
Mathi ApS's registered address is Nygårdsvænget 25.