Wattack IVS

IVSDissolved

CVR 35839984Fortgrunden 18, 2880 BagsværdSports and recreation education· NACE 8551Est. 2014 · 12 years old— employees

Overview

Wattack IVS is a Danish IVS based in Bagsværd, operating in the Sports and recreation education sector. Incorporated in 2014, the company reported revenue of DKK 53.6k in its latest annual filing.

Revenue 2017

53.6K DKK

−56% vs 2016

EBITDA margin

47.5 %

−55% vs 2016

Net profit 2017

12.3K DKK

-71% vs 2016

Key ratios

See full ratios →

90.3 %

Very strong

Among the 10% highest rated companies in the industry

20152017

8.9×

Very strong

Among the 10% highest rated companies in the industry

20152017

8.3 %

Very strong

Among the 20% highest rated companies in the industry

20152017

EBITDA — year on year

DKK thousands

Key figures

Annual report 2017

Revenue	53.6K DKK	-56%
EBITDA	25.5K DKK	-55%
Net profit	12.3K DKK	-71%
Total assets	148.2K DKK	-11%
Equity	133.8K DKK	+10%
Employees	—	—

Financial development

In its most recent annual report (2017), Wattack IVS reported revenue of DKK 53.6k, a decrease of 56% on the year before. The figures on this page draw on 3 annual filings covering 2015 to 2017. The bottom line showed a net profit of DKK 12.3k, and the EBITDA margin stood at 47.5%.

At the end of 2017, equity financed 90.3% of the balance sheet, and current assets covered short-term debt 8.9 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2017	2016	2015
Revenue	54	121	120
Staff expenses	-3	-3	-0
EBITDA	25	57	104
Depreciation & amort.	-2	-0	-0
EBIT	23	57	104
Net financials	-5	-2	0
Profit before tax	18	55	104
Tax	5	13	24
Net profit	12	42	80

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Balance sheet

DKK thousands

Item	2017	2016	2015
Total assets	148	167	112
Equity	134	122	80
Long-term debt	0	0	0
Short-term debt	13	46	33
Total debt	13	46	33

Financial ratios

5-year trend

EBITDA margin

47.5 %

20152017

Equity ratio

90.3 %

Very strong

Among the 10% highest rated companies in the industry

20152017

Return on equity

9.2 %

Strong

Among the 30% highest rated companies in the industry

20152017

Net profit margin

22.9 %

Very strong

Among the 10% highest rated companies in the industry

20152017

Asset turnover

0.36×

Very strong

Among the 20% highest rated companies in the industry

20152017

Debt / equity

0.11×

Very strong

Among the 10% highest rated companies in the industry

20152017

Sector performance

26 of 28 ratios graded

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

Profitability

Gross marginAverage

Around the average of companies in the same 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 10% 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)Strong

Among the 30% 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)Very strong

Among the 20% highest 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 strong

Among the 20% 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)Very strong

Among the 20% highest 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 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% 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 20% 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 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 strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

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

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 40% highest 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 turnoverVery strong

Among the 20% highest rated companies in the industry

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

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

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

One-year change in debtVery strong

Among the 10% 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.

Equity to contributed capitalNot rated

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

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

Annual reports & filings

Annual report 2017
Filed via CVR / Virk · Period 2016-10-01 – 2017-09-30
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2015-10-01 – 2016-09-30
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2014-04-01 – 2015-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


UG Ulrik Gjerstrup-Olsen Management	Management	2017 – 2019

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Ulrik Gjerstrup-Olsen	Individual	100%	100%	2014

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Wattack IVS hold no positions in other companies.

Frequently asked questions

What is the CVR number of Wattack IVS?

Wattack IVS is registered with CVR / Virk under CVR 35839984.

What is the revenue of Wattack IVS?

Wattack IVS reported revenue of DKK 53.6k in 2017.

Where is Wattack IVS headquartered?

Wattack IVS's registered address is Fortgrunden 18.