Medco ApS

APSBankrupt

CVR 34889384Romancevej 31, 2730 HerlevTuristkørsel og anden landpassagertransport· NACE 493920Est. 2012 · 13 years old0 employees

Overview

Medco ApS is a Danish APS based in Herlev, operating in the Turistkørsel og anden landpassagertransport sector. Incorporated in 2012, the company has 0 employees and reported a gross profit of DKK 978.6k in its latest annual filing.

Gross profit 2017

978.6K DKK

+48% vs 2016

EBITDA margin (of gross profit)

−17.6 %

−2268% vs 2016

Net profit 2017

-172.4K DKK

-2268% vs 2016

Key ratios

See full ratios →

-20.8 %

Very weak

Among the 10% lowest rated companies in the industry

20142017

0.8×

Weak

Among the 30% lowest rated companies in the industry

20142017

-39.7 %

Very weak

Among the 10% lowest rated companies in the industry

20142017

EBITDA — year on year

DKK thousands

Key figures

Annual report 2017

Gross profit	978.6K DKK	+48%
EBITDA	-172.4K DKK	-2268%
Net profit	-172.4K DKK	-2268%
Total assets	434.5K DKK	+154%
Equity	-90.2K DKK	-210%
Employees	0	—

Financial development

In its most recent annual report (2017), Medco ApS reported a gross profit of DKK 978.6k, an increase of 48% on the year before. The figures on this page draw on 4 annual filings covering 2014 to 2017. The bottom line showed a net loss of DKK 172.4k, and the EBITDA margin stood at -17.6%.

At the end of 2017, current assets covered short-term debt 0.8 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2017	2016	2015	2014
Revenue	979	661	129	-190
Staff expenses	-1,151	-668	-0	-0
EBITDA	-172	-7	10	-429
Depreciation & amort.	-0	-0	-0	-0
EBIT	-172	-7	10	-429
Net financials	0	0	0	-4
Profit before tax	-172	-7	10	-433
Tax	-0	-0	-0	-103
Net profit	-172	-7	10	-329

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Balance sheet

DKK thousands

Item	2017	2016	2015	2014
Total assets	435	171	169	165
Equity	-90	82	90	-159
Long-term debt	0	0	0	0
Short-term debt	525	89	79	325
Total debt	525	89	79	325

Financial ratios

5-year trend

EBITDA margin

-17.6 %

20142017

Equity ratio

-20.8 %

Very weak

Among the 10% lowest rated companies in the industry

20142017

Return on equity

—

20142017

Net profit margin

-17.6 %

20142017

Asset turnover

2.25×

20142017

Debt / equity

—

20142017

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 10% 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)Very weak

Among the 10% 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.

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.

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 ratioWeak

Among the 30% 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 ratioAverage

Around the average of companies in the same industry

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

Cash conversion ratioWeak

Among the 30% 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.

Fixed assets to long-term capitalNot rated

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

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.

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 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 rate on debtVery strong

Among the 10% highest 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 10% 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.

Interest coverageNot rated

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

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

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 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 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.

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 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
Annual report 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (7)


SY Seyma Yilmaz Management	Management	2013 – 2015
AK Alexander Kilsgaard Stripp Management	Management	2019 – 2019
HM Hassan Malik Management	Management	2015 – 2018
KR Karwan Rostum Sabir Chief Executive Officer	Chief Executive Officer	2018 – 2019
NY Nalen Yasin Management	Management	2013 – 2015
SA Steffen Anton Michelsen Chief Executive Officer	Chief Executive Officer	2019 – 2019
SS Soliman Saeed Hosin Ahtash Management	Management	2015 – 2015

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Alexander Kilsgaard Stripp	Individual	100%	100%	2019
Hassan Malik	Individual	100%	100%	2015
Karwan Rostum Sabir	Individual	100%	100%	2018
Steffen Anton Michelsen	Individual	100%	100%	2019
Soliman Saeed Hosin Ahtash	Individual	100%	100%	2015

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Medco ApS hold no positions in other companies.

Frequently asked questions

What is the CVR number of Medco ApS?

Medco ApS is registered with CVR / Virk under CVR 34889384.

What is the gross profit of Medco ApS?

Medco ApS reported a gross profit of DKK 978.6k in 2017.

Where is Medco ApS headquartered?

Medco ApS's registered address is Romancevej 31, kl..