SH PROPERTIES ApS

APSBankrupt

CVR 34625468Ørbækvej 13, 6880 TarmJoinery installation· NACE 4332Est. 2012 · 14 years old— employees

Overview

SH PROPERTIES ApS is a Danish APS based in Tarm, operating in the Joinery installation sector. Incorporated in 2012, the company reported revenue of DKK 521.9k in its latest annual filing.

Revenue 2014

0.5M DKK

−14% vs 2013

EBITDA margin

100.0 %

+3% vs 2013

Net profit 2014

0.1M DKK

+346% vs 2013

Key ratios

See full ratios →

1.6 %

Very weak

Among the 20% lowest rated companies in the industry

20132014

0.0×

Very weak

Among the 10% lowest rated companies in the industry

20132014

2.8 %

Average

Around the average of companies in the same industry

20132014

EBITDA — year on year

DKK thousands

Key figures

Annual report 2014

Revenue	0.5M DKK	-14%
EBITDA	0.5M DKK	+3%
Net profit	0.1M DKK	+346%
Total assets	5.1M DKK	-32%
Equity	0.1M DKK	-88%
Employees	—	—

Financial development

In its most recent annual report (2014), SH PROPERTIES ApS reported revenue of DKK 521.9k, a decrease of 14% on the year before. The figures on this page draw on 2 annual filings covering 2013 to 2014. The bottom line showed a net profit of DKK 142.2k, and the EBITDA margin stood at 100%.

At the end of 2014, equity financed 1.6% of the balance sheet, and current assets covered short-term debt 0 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2014	2013
Revenue	522	608
Staff expenses	-0	-0
EBITDA	522	508
Depreciation & amort.	-158	-170
EBIT	364	339
Net financials	-222	-268
Profit before tax	142	71
Tax	-0	39
Net profit	142	32

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Balance sheet

DKK thousands

Item	2014	2013
Total assets	5,070	7,458
Equity	80	676
Long-term debt	3,100	4,633
Short-term debt	1,890	2,008
Total debt	4,990	6,641

Financial ratios

5-year trend

EBITDA margin

100.0 %

20132014

Equity ratio

1.6 %

Very weak

Among the 20% lowest rated companies in the industry

20132014

Return on equity

177.8 %

Very strong

Among the 10% highest rated companies in the industry

20132014

Net profit margin

27.3 %

Very strong

Among the 20% highest rated companies in the industry

20132014

Asset turnover

0.10×

Weak

Among the 30% lowest rated companies in the industry

20132014

Debt / equity

62.38×

Very weak

Among the 10% lowest rated companies in the industry

20132014

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginVery strong

Among the 10% highest rated companies in the industry

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 marginVery strong

Among the 10% highest rated companies in the industry

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 marginVery strong

Among the 20% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 10% highest 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)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)Very strong

Among the 10% highest 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)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 ratioVery strong

Among the 10% highest 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.

Liquidity

Current ratioVery weak

Among the 10% 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 10% 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 strong

Among the 10% highest 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 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 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.

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 debtWeak

Among the 40% lowest rated companies in the 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 debtWeak

Among the 30% 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

Asset turnoverWeak

Among the 30% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalWeak

Among the 30% 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 30% highest rated companies in the industry

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

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 2014
Filed via CVR / Virk · Period 2013-10-01 – 2014-09-30
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-08-06 – 2013-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (6)


FV Flemming Vendelbo Nørgaard Management	Management	2013 – 2014
MT Mark Tanzer Management	Management	2014 – 2014
AØ Allan Østergaard Sørensen Liquidator	Liquidator	2016 – 2016
PJ Pedro Jose Suarez Soto Management	Management	2012 – 2013
MM Mike Martin Høgsberg Guldbrandsen Management	Management	2014 – 2014
EM Ewert Mathiasen Management	Management	2014 – 2016

Board of directors

Non-executive oversight

No data on file.

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

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of SH PROPERTIES ApS also hold positions in 6 other companies.

Person	Role here	Other companies
Allan Østergaard Sørensen	Liquidator	4 companies
Mike Martin Høgsberg Guldbrandsen	Management	1 company
Ewert Mathiasen	Management	1 company

Frequently asked questions

What is the CVR number of SH PROPERTIES ApS?

SH PROPERTIES ApS is registered with CVR / Virk under CVR 34625468.

What is the revenue of SH PROPERTIES ApS?

SH PROPERTIES ApS reported revenue of DKK 521.9k in 2014.

Where is SH PROPERTIES ApS headquartered?

SH PROPERTIES ApS's registered address is Ørbækvej 13.