MT ENTREPRISE ApS

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CVR 34735115Syderholm 9, 9800 HjørringElectrical installation· NACE 4321Est. 2012 · 13 years old1 employees

Overview

MT ENTREPRISE ApS is a Danish APS based in Hjørring, operating in the Electrical installation sector. Incorporated in 2012, the company has 1 employee and reported revenue of DKK 258.9k in its latest annual filing.

Revenue 2019

258.9K DKK

+58% vs 2018

EBITDA margin

−24.0 %

−185% vs 2018

Net profit 2019

-12.8K DKK

-121% vs 2018

Key ratios

See full ratios →

82.4 %

Very strong

Among the 10% highest rated companies in the industry

20152019

0.0×

20152019

-5.0 %

Weak

Among the 30% lowest rated companies in the industry

20152019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Revenue	258.9K DKK	+58%
EBITDA	-62.2K DKK	-185%
Net profit	-12.8K DKK	-121%
Total assets	253.7K DKK	+4%
Equity	209K DKK	-6%
Employees	1	—

Contact

Address

Syderholm 9, 9800 Hjørring

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2019), MT ENTREPRISE ApS reported revenue of DKK 258.9k, an increase of 58% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net loss of DKK 12.8k, and the EBITDA margin stood at -24%.

At the end of 2019, equity financed 82.4% of the balance sheet.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016	2015
Revenue	259	164	417	1,125	171
Staff expenses	-72	-4	-481	-512	-0
EBITDA	-62	73	-64	-115	171
Depreciation & amort.	-0	-10	-10	-10	-0
EBIT	-62	63	-74	-125	171
Net financials	49	-1	-3	-0	-0
Profit before tax	-13	62	-77	-125	171
Tax	-0	-0	-0	-0	43
Net profit	-13	62	-77	-125	128

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016	2015
Total assets	254	244	229	348	631
Equity	209	222	160	238	363
Long-term debt	45	0	0	0	0
Short-term debt	0	22	69	111	268
Total debt	45	22	69	111	268

Financial ratios

5-year trend

EBITDA margin

-24.0 %

20152019

Equity ratio

82.4 %

Very strong

Among the 10% highest rated companies in the industry

20152019

Return on equity

-6.1 %

Very weak

Among the 20% lowest rated companies in the industry

20152019

Net profit margin

-4.9 %

Very weak

Among the 20% lowest rated companies in the industry

20152019

Asset turnover

1.02×

Weak

Among the 40% lowest rated companies in the industry

20152019

Debt / equity

0.21×

Very strong

Among the 10% highest rated companies in the industry

20152019

Sector performance

25 of 28 ratios graded

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

Profitability

Gross marginVery weak

Among the 20% lowest 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 weak

Among the 10% lowest 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 weak

Among the 20% lowest 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 weak

Among the 20% 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)Weak

Among the 30% 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 20% 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 10% 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.

Liquidity

Current assets to equityVery strong

Among the 20% 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 capitalWeak

Among the 40% 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.

Current ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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 ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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 ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Debt & solvency

Solidity ratioVery strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 10% 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 10% 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 marginWeak

Among the 30% 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 40% lowest rated companies in the industry

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

Inventory turnoverVery strong

Among the 20% highest rated companies in the industry

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.

Equity to contributed capitalWeak

Among the 40% 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 equityWeak

Among the 40% lowest rated companies in the industry

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

One-year change in debtVery weak

Among the 10% lowest rated companies in the industry

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

Annual reports & filings

Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


MT Morten Thaisen Chief Executive Officer	Chief Executive Officer	2018 – 2021

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Morten Thaisen	Individual	100%	100%	2012

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of MT ENTREPRISE ApS also hold positions in 2 other companies.

Person	Role here	Other companies
Morten Thaisen	Chief Executive Officer	2 companies

Frequently asked questions

What is the CVR number of MT ENTREPRISE ApS?

MT ENTREPRISE ApS is registered with CVR / Virk under CVR 34735115.

What is the revenue of MT ENTREPRISE ApS?

MT ENTREPRISE ApS reported revenue of DKK 258.9k in 2019.

How many employees does MT ENTREPRISE ApS have?

MT ENTREPRISE ApS employs 1 people as of the latest annual report.

Where is MT ENTREPRISE ApS headquartered?

MT ENTREPRISE ApS's registered address is Syderholm 9.