Tzacho P/S

KASActive

CVR 34209073Over Hadstenvej 78, 8370 HadstenWholesale of mining, construction and civil engineering machinery· NACE 4663Est. 2012 · 14 years old20 employeeshttp://www.tzacho.dk/

Overview

Tzacho P/S is a Danish KAS based in Hadsten, operating in the Wholesale of mining, construction and civil engineering machinery sector. Incorporated in 2012, the company has 20 employees and reported a gross profit of DKK 9.7m in its latest annual filing.

Gross profit 2025

9.7M DKK

−41% vs 2024

EBITDA margin (of gross profit)

−41.9 %

−243% vs 2024

Net profit 2025

-6M DKK

-1906% vs 2024

Key ratios

See full ratios →

27.2 %

Weak

Among the 40% lowest rated companies in the industry

20212025

0.8×

Weak

Among the 30% lowest rated companies in the industry

20212025

-25.6 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	9.7M DKK	-41%
EBITDA	-4.1M DKK	-243%
Net profit	-6M DKK	-1906%
Total assets	23.3M DKK	-15%
Equity	6.4M DKK	-48%
Employees	20	—

Contact

Address

Over Hadstenvej 78, 8370 Hadsten

Phone

+45 8761 0012

info@tzacho.dk

Website

http://www.tzacho.dk/

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Financial development

In its most recent annual report (2025), Tzacho P/S reported a gross profit of DKK 9.7m, a decrease of 41% 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 6.0m, and the EBITDA margin stood at -41.9%.

At the end of 2025, equity financed 27.2% of the balance sheet, and current assets covered short-term debt 0.8 times.

Financials

Gross profit

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	9,674	16,522	13,777	14,685	11,225
Staff expenses	-13,405	-13,677	-10,033	-8,991	-8,857
EBITDA	-4,050	2,824	3,744	5,694	2,369
Depreciation & amort.	-1,414	-1,994	-1,849	-1,490	-1,326
EBIT	-5,465	831	1,896	4,204	1,043
Net financials	-506	-500	-499	-180	-214
Profit before tax	-5,971	331	1,396	4,024	829
Tax	-0	-0	-0	-0	-0
Net profit	-5,971	331	1,396	4,024	829

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	23,325	27,515	26,933	27,691	20,990
Equity	6,351	12,322	11,991	11,480	7,596
Long-term debt	341	329	319	312	367
Short-term debt	16,633	14,864	14,623	15,900	13,027
Total debt	16,974	15,194	14,942	16,212	13,394

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-41.9 %

20212025

Equity ratio

27.2 %

Weak

Among the 40% lowest rated companies in the industry

20212025

Return on equity

-94.0 %

Very weak

Among the 10% lowest rated companies in the industry

20212025

Net profit margin (of gross profit)

-61.7 %

20212025

Asset turnover (of gross profit)

0.41×

20212025

Debt / equity

2.67×

Weak

Among the 30% lowest rated companies in the industry

20212025

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)Very weak

Among the 10% 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)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.

Return on net assets (RONA)Very weak

Among the 10% 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)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.

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 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 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 equityWeak

Among the 40% 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 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.

Debt & solvency

Solidity ratioWeak

Among the 40% 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 ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 30% 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 equityWeak

Among the 30% 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 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 debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest coverageVery weak

Among the 20% lowest rated companies in the industry

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

Interest rate on debtWeak

Among the 40% 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.

Efficiency & development

Equity to contributed capitalStrong

Among the 40% highest 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 20% lowest rated companies in the industry

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

One-year change in debtWeak

Among the 40% lowest 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 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
FT Flemming Toustrup Zacho Management	Management	2012
LL Lars Lysgaard Founder	Founder	2012

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
FT Flemming Toustrup Zacho Board of Directors	Board of Directors	2012
MK Martin Kajhøj Johnsen Board of Directors	Board of Directors	2025
PW Per William Hansen Chairman	Chairman	2023

Former (4)


LL Lars Lysgaard Board of Directors	Board of Directors	2012 – 2025
HL Henning Lysgaard Chairman	Chairman	2012 – 2023
KG Karina Grosen Boldsen Board of Directors	Board of Directors	2017 – 2018
MH Mette Haase Lindhardt Board of Directors	Board of Directors	2017 – 2018

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Flemming Toustrup Zacho	Individual	100%	100%	2025
Lars Lysgaard	Individual	10–14.99%	10–14.99%	2012

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Tzacho P/S also hold positions in 41 other companies.

Person	Role here	Other companies
Mette Haase Lindhardt	Board of Directors	14 companiesMany roles
Karina Grosen Boldsen	Board of Directors	13 companiesMany roles
Henning Lysgaard	Chairman	6 companiesMany roles
Lars Lysgaard	Founder	4 companies
Flemming Toustrup Zacho	Management	2 companies
Per William Hansen	Chairman	2 companies

Frequently asked questions

What is the CVR number of Tzacho P/S?

Tzacho P/S is registered with CVR / Virk under CVR 34209073.

What is the gross profit of Tzacho P/S?

Tzacho P/S reported a gross profit of DKK 9.7m in 2025.

How many employees does Tzacho P/S have?

Tzacho P/S employs 20 people as of the latest annual report.

Who is the chairman of Tzacho P/S?

Per William Hansen chairs the board of Tzacho P/S, in role since 2023.

Where is Tzacho P/S headquartered?

Tzacho P/S's registered address is Over Hadstenvej 78.