CSG WELLNESS ApS

APSBankrupt

CVR 34899657Fridtjof Nansens Plads 5, 2100 København ØDetailhandel med andre varer i.a.n. via internet· NACE 479119Est. 2013 · 13 years old— employees

Overview

CSG WELLNESS ApS is a Danish APS based in København Ø, operating in the Detailhandel med andre varer i.a.n. via internet sector. Incorporated in 2013, the company reported revenue of DKK 270.5k in its latest annual filing.

Revenue 2014

270.5K DKK

+535% vs 2013

EBITDA margin

−2.0 %

+59% vs 2013

Net profit 2014

-3.7K DKK

+71% vs 2013

Key ratios

See full ratios →

35.9 %

Average

Around the average of companies in the same industry

20132014

1.6×

Average

Around the average of companies in the same industry

20132014

-2.1 %

Weak

Among the 40% lowest rated companies in the industry

20132014

EBITDA — year on year

DKK thousands

Key figures

Annual report 2014

Revenue	270.5K DKK	+535%
EBITDA	-5.4K DKK	+59%
Net profit	-3.7K DKK	+71%
Total assets	176.7K DKK	+57%
Equity	63.4K DKK	-6%
Employees	—	—

Financial development

In its most recent annual report (2014), CSG WELLNESS ApS reported revenue of DKK 270.5k, an increase of 535% on the year before. The figures on this page draw on 2 annual filings covering 2013 to 2014. The bottom line showed a net loss of DKK 3.7k, and the EBITDA margin stood at -2%.

At the end of 2014, equity financed 35.9% of the balance sheet, and current assets covered short-term debt 1.6 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2014	2013
Revenue	271	43
Staff expenses	-0	-0
EBITDA	-5	-13
Depreciation & amort.	-0	-0
EBIT	-5	-13
Net financials	2	0
Profit before tax	-4	-13
Tax	-0	-0
Net profit	-4	-13

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Balance sheet

DKK thousands

Item	2014	2013
Total assets	177	112
Equity	63	67
Long-term debt	0	0
Short-term debt	113	45
Total debt	113	45

Financial ratios

5-year trend

EBITDA margin

-2.0 %

20132014

Equity ratio

35.9 %

Average

Around the average of companies in the same industry

20132014

Return on equity

-5.8 %

Weak

Among the 30% lowest rated companies in the industry

20132014

Net profit margin

-1.4 %

Weak

Among the 30% lowest rated companies in the industry

20132014

Asset turnover

1.53×

Average

Around the average of companies in the same industry

20132014

Debt / equity

1.79×

Weak

Among the 40% 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 20% 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 marginWeak

Among the 30% 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 marginWeak

Among the 30% 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)Weak

Among the 30% 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 40% 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)Weak

Among the 30% 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)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.

Capacity ratioWeak

Among the 30% 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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 ratioStrong

Among the 30% highest rated companies in the industry

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

Current assets to equityWeak

Among the 30% lowest 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 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 ratioStrong

Among the 40% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityWeak

Among the 40% 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 equityWeak

Among the 40% 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 30% 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 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.

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

Asset turnoverAverage

Around the average of companies in the same industry

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

Inventory turnoverStrong

Among the 30% 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 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 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 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


CG Claes-Stefan Gladh Management	Management	2013 – 2016
OL Ole Larsen Liquidator	Liquidator	2016 – 2020
CG Claes-Stefan Gladh Founder	Founder	2013 – 2023

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 CSG WELLNESS ApS also hold positions in 21 other companies.

Person	Role here	Other companies
Ole Larsen	Liquidator	21 companiesMany roles

Frequently asked questions

What is the CVR number of CSG WELLNESS ApS?

CSG WELLNESS ApS is registered with CVR / Virk under CVR 34899657.

What is the revenue of CSG WELLNESS ApS?

CSG WELLNESS ApS reported revenue of DKK 270.5k in 2014.

Where is CSG WELLNESS ApS headquartered?

CSG WELLNESS ApS's registered address is Fridtjof Nansens Plads 5.