BILLING BOATS ApS

APSBankrupt

CVR 34058199Brødsgårdsvej 70, 6000 KoldingManufacture of games and toys· NACE 3240Est. 2011 · 14 years old1 employees

Overview

BILLING BOATS ApS is a Danish APS based in Kolding, operating in the Manufacture of games and toys sector. Incorporated in 2011, the company has 1 employee and reported a gross profit of DKK 2.2m in its latest annual filing.

Gross profit 2013

2.2M DKK

−19% vs 2012

EBITDA margin (of gross profit)

27.2 %

−30% vs 2012

Net profit 2013

0M DKK

-90% vs 2012

Key ratios

See full ratios →

10.7 %

Weak

Among the 30% lowest rated companies in the industry

20122013

1.6×

Average

Around the average of companies in the same industry

20122013

0.8 %

Average

Around the average of companies in the same industry

20122013

EBITDA — year on year

DKK thousands

Key figures

Annual report 2013

Gross profit	2.2M DKK	-19%
EBITDA	0.6M DKK	-30%
Net profit	0M DKK	-90%
Total assets	4.2M DKK	+8%
Equity	0.4M DKK	+8%
Employees	1	—

Financial development

In its most recent annual report (2013), BILLING BOATS ApS reported a gross profit of DKK 2.2m, a decrease of 19% on the year before. The figures on this page draw on 2 annual filings covering 2012 to 2013. The bottom line showed a net profit of DKK 34.3k, and the EBITDA margin stood at 27.2%.

At the end of 2013, equity financed 10.7% of the balance sheet, and current assets covered short-term debt 1.6 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2013	2012
Revenue	2,176	2,683
Staff expenses	-1,585	-1,833
EBITDA	591	849
Depreciation & amort.	-247	-212
EBIT	344	637
Net financials	-295	-157
Profit before tax	49	480
Tax	15	146
Net profit	34	334

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	2013	2012
Total assets	4,180	3,872
Equity	448	414
Long-term debt	1,730	1,730
Short-term debt	1,997	1,724
Total debt	3,727	3,454

Financial ratios

5-year trend

EBITDA margin

27.2 %

20122013

Equity ratio

10.7 %

Weak

Among the 30% lowest rated companies in the industry

20122013

Return on equity

7.6 %

Average

Around the average of companies in the same industry

20122013

Net profit margin

1.6 %

20122013

Asset turnover

0.52×

20122013

Debt / equity

8.33×

Very weak

Among the 10% lowest rated companies in the industry

20122013

Sector performance

23 of 28 ratios graded

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

Profitability

Return on equity (ROE)Average

Around the average of companies in the same industry

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

Return on assets (ROA)Average

Around the average of companies in the same industry

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

Return on net assets (RONA)Average

Around the average of companies in the same 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)Average

Around the average of companies in the same industry

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

Capacity ratioAverage

Around the average of companies in the same 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.

Liquidity

Current ratioAverage

Around the average of companies in the same 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 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 weak

Among the 10% lowest 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 capitalAverage

Around the average of companies in the same 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 coverageWeak

Among the 40% 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 10% 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

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 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.

Annual reports & filings

Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-11-28 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


PV Peter Vammen Management	Management	2011 – 2012
KB Kent Billing Management	Management	2011 – 2016

Board of directors

Non-executive oversight

Name	Role	Member since

Former (4)


PV Peter Vammen Chairman	Chairman	2012 – 2016
KB Kent Billing Board of Directors	Board of Directors	2012 – 2016
KE Kent Enrico Petersen Board of Directors	Board of Directors	2012 – 2016
OS Ole Stampe Board of Directors	Board of Directors	2012 – 2016

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

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 BILLING BOATS ApS also hold positions in 11 other companies.

Person	Role here	Other companies
Ole Stampe	Board of Directors	8 companiesMany roles
Kent Enrico Petersen	Board of Directors	2 companies
Kent Billing	Management	1 company

Frequently asked questions

What is the CVR number of BILLING BOATS ApS?

BILLING BOATS ApS is registered with CVR / Virk under CVR 34058199.

What is the gross profit of BILLING BOATS ApS?

BILLING BOATS ApS reported a gross profit of DKK 2.2m in 2013.

How many employees does BILLING BOATS ApS have?

BILLING BOATS ApS employs 1 people as of the latest annual report.

Where is BILLING BOATS ApS headquartered?

BILLING BOATS ApS's registered address is Brødsgårdsvej 70.