REFGAARD ApS

Q: What is the CVR number of REFGAARD ApS?

REFGAARD ApS is registered with CVR / Virk under CVR 34587434.

Q: What is the gross profit of REFGAARD ApS?

REFGAARD ApS reported a gross profit of -DKK 4.1k in 2024.

Q: Where is REFGAARD ApS headquartered?

REFGAARD ApS's registered address is Debelvej 115.

APSActive

CVR 34587434Debelvej 115, 6855 OutrupRental and operating of own or leased real estate· NACE 6820Est. 2012 · 14 years old— employees

Overview

REFGAARD ApS is a Danish APS based in Outrup, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2012, the company reported a gross profit of -DKK 4.1k in its latest annual filing.

Gross profit 2024

-0M DKK

−100% vs 2023

EBITDA margin (of gross profit)

100.0 %

−100% vs 2023

Net profit 2024

-0.7M DKK

+55% vs 2023

Key ratios

See full ratios →

-33.0 %

Very weak

Among the 10% lowest rated companies in the industry

20202024

4.1×

Very strong

Among the 20% highest rated companies in the industry

20202024

-3.9 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Gross profit	-0M DKK	-100%
EBITDA	-0M DKK	-100%
Net profit	-0.7M DKK	+55%
Total assets	17.8M DKK	-5%
Equity	-5.9M DKK	-13%
Employees	—	—

Contact

Address

Debelvej 115, 6855 Outrup

Phone

+45 2174 4113

wiltink@dbmail.dk

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Financial development

In its most recent annual report (2024), REFGAARD ApS reported a gross profit of -DKK 4.1k, a decrease of 100% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of DKK 691.2k.

At the end of 2024, current assets covered short-term debt 4.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023	2022	2021	2020
Gross profit	-4	1,031	1,056	1,046	1,011
Staff expenses	-0	-0	-0	-0	-0
EBITDA	-4	1,012	375	1,034	995
Depreciation & amort.	-0	-292	-292	-362	-361
EBIT	-4	720	83	672	634
Net financials	-687	-2,259	-830	-781	-646
Profit before tax	-691	-1,539	-747	-109	-12
Tax	-0	-0	558	-18	3
Net profit	-691	-1,539	-1,305	-91	-15

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Balance sheet

DKK thousands

Item	2024	2023	2022	2021	2020
Total assets	17,753	18,663	19,657	21,137	21,501
Equity	-5,857	-5,166	-3,627	-2,322	-2,232
Long-term debt	19,245	14,911	15,710	16,441	17,627
Short-term debt	4,365	8,918	7,574	7,018	6,106
Total debt	23,610	23,829	23,284	23,459	23,733

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20202024

Equity ratio

-33.0 %

Very weak

Among the 10% lowest rated companies in the industry

20202024

Return on equity

—

20202024

Net profit margin (of gross profit)

<−999 %

20202024

Asset turnover (of gross profit)

-0.00×

20202024

Debt / equity

—

20202024

Sector performance

16 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)Weak

Among the 30% lowest 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 ratioVery strong

Among the 20% highest 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 strong

Among the 20% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 10% 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 10% 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 debtAverage

Around the average of companies in the same 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 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
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
EH Erik Hendrik Willem Frederik Wiltink Founder	Founder	2012
SN Stefan Nielsen Liquidator	Liquidator	2026

Former (1)


AM Anne Mette Jessen Management	Management	2012 – 2018

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Erik Hendrik Willem Frederik Wiltink	Individual	100%	100%	2012

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of REFGAARD ApS also hold positions in 22 other companies.

Person	Role here	Other companies
Stefan Nielsen	Liquidator	19 companiesMany roles
Erik Hendrik Willem Frederik Wiltink	Founder	3 companies

Frequently asked questions

What is the CVR number of REFGAARD ApS?

REFGAARD ApS is registered with CVR / Virk under CVR 34587434.

What is the gross profit of REFGAARD ApS?

REFGAARD ApS reported a gross profit of -DKK 4.1k in 2024.

Where is REFGAARD ApS headquartered?

REFGAARD ApS's registered address is Debelvej 115.