NOVOPACK ApS is a Danish APS based in Aabenraa, operating in the Other manufacturing n.e.c. sector. Incorporated in 2012, the company has 1 employee and reported a gross profit of -DKK 1.2m in its latest annual filing.
| Gross profit | -1.2M DKK | +139% |
| EBITDA | -1.8M DKK | -117% |
| Net profit | -2M DKK | -123% |
| Total assets | 4.7M DKK | +3% |
| Equity | 2.3M DKK | +654% |
| Employees | 1 | — |
In its most recent annual report (2016), NOVOPACK ApS reported a gross profit of -DKK 1.2m. The figures on this page draw on 4 annual filings covering 2013 to 2016. The bottom line showed a net loss of DKK 2.0m.
At the end of 2016, equity financed 49.2% of the balance sheet, and current assets covered short-term debt 0.9 times.
| Item | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|
| Gross profit | -1,212 | -508 | -253 | -403 |
| Staff expenses | -585 | -321 | -286 | -257 |
| EBITDA | -1,797 | -829 | -539 | -660 |
| Depreciation & amort. | -612 | -90 | -0 | -0 |
| EBIT | -2,409 | -919 | -539 | -660 |
| Net financials | -221 | -242 | -71 | -52 |
| Profit before tax | -2,630 | -1,160 | -609 | -712 |
| Tax | -597 | -250 | -132 | -177 |
| Net profit | -2,033 | -910 | -477 | -535 |
| Item | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|
| Total assets | 4,701 | 4,580 | 2,302 | 1,314 |
| Equity | 2,311 | -417 | 493 | 970 |
| Long-term debt | 753 | 1,000 | 0 | 0 |
| Short-term debt | 1,637 | 3,997 | 1,809 | 344 |
| Total debt | 2,390 | 4,997 | 1,809 | 344 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 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 flow relative to profit — the ability to convert reported profits into accessible cash.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
KM Chief Executive Officer | Chief Executive Officer | 2013 – 2016 |
FM Chief Executive Officer | Chief Executive Officer | 2016 – 2016 |
PE Chief Executive Officer | Chief Executive Officer | 2016 – 2017 |
| Name | Role | Member since |
|---|
PM Board of Directors | Board of Directors | 2012 – 2013 |
EC Board of Directors | Board of Directors | 2015 – 2017 |
SB Board of Directors | Board of Directors | 2013 – 2016 |
KB Chairman | Chairman | 2013 – 2015 |
PE Chairman | Chairman | 2015 – 2017 |
JS Board of Directors | Board of Directors | 2016 – 2016 |
DW Chairman | Chairman | 2012 – 2013 |
KP Board of Directors | Board of Directors | 2016 – 2017 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 15–19.99% | 15–19.99% | 2015 | |
| Company | 50–66.65% | 50–66.65% | 2016 | |
| Company | 20–24.99% | 20–24.99% | 2016 | |
| Company | 50–66.65% | 50–66.65% | 2015 |
| Person | Role here | Other companies |
|---|---|---|
| Søren Byder Gønge | Board of Directors | 19 companiesMany roles |
| Kristian Bech Andersen | Chairman | 10 companiesMany roles |
| Karsten Pagh Wüst | Board of Directors | 9 companiesMany roles |
| Erik Christensen | Board of Directors | 5 companies |
| John Sohn Christensen | Board of Directors | 5 companies |
| Dennis Westergaard | Chairman | 5 companies |
| Peter Eric Mathies | Chief Executive Officer | 2 companies |