Nordic Manpower ApS

APSBankrupt

CVR 36077697Hindegade 6, 1303 København KGennemførelse af byggeprojekter· NACE 411000Est. 2014 · 12 years old2 employees

Overview

Nordic Manpower ApS is a Danish APS based in København K, operating in the Gennemførelse af byggeprojekter sector. Incorporated in 2014, the company has 2 employees and reported a gross profit of DKK 294.2k in its latest annual filing.

Gross profit 2019

0.3M DKK

−71% vs 2018

EBITDA margin (of gross profit)

40.4 %

−81% vs 2018

Net profit 2019

0.1M DKK

-87% vs 2018

Key ratios

See full ratios →

54.7 %

Strong

Among the 40% highest rated companies in the industry

20152019

1.8×

Average

Around the average of companies in the same industry

20152019

4.0 %

Average

Around the average of companies in the same industry

20152019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	0.3M DKK	-71%
EBITDA	0.1M DKK	-81%
Net profit	0.1M DKK	-87%
Total assets	1.5M DKK	+2%
Equity	0.8M DKK	+8%
Employees	2	—

Financial development

In its most recent annual report (2019), Nordic Manpower ApS reported a gross profit of DKK 294.2k, a decrease of 71% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net profit of DKK 59.6k, and the EBITDA margin stood at 40.4%.

At the end of 2019, equity financed 54.7% of the balance sheet, and current assets covered short-term debt 1.8 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016	2015
Revenue	294	1,015	870	828	297
Staff expenses	-175	-401	-229	-262	-101
EBITDA	119	614	-20	262	125
Depreciation & amort.	-6	-0	-0	-0	-0
EBIT	113	614	-20	262	125
Net financials	-30	0	-4	-0	-0
Profit before tax	83	614	-24	262	125
Tax	24	170	-0	68	34
Net profit	60	444	-24	195	91

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016	2015
Total assets	1,491	1,458	833	597	263
Equity	815	756	312	336	141
Long-term debt	24	170	0	0	0
Short-term debt	652	532	522	261	121
Total debt	676	702	522	261	121

Financial ratios

5-year trend

EBITDA margin

40.4 %

20152019

Equity ratio

54.7 %

Strong

Among the 40% highest rated companies in the industry

20152019

Return on equity

7.3 %

Weak

Among the 40% lowest rated companies in the industry

20152019

Net profit margin

20.3 %

20152019

Asset turnover

0.20×

20152019

Debt / equity

0.83×

Strong

Among the 40% highest rated companies in the industry

20152019

Sector performance

23 of 28 ratios graded

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

Profitability

Return on equity (ROE)Weak

Among the 40% 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)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)Weak

Among the 40% 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)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 20% 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.

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.

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 ratioStrong

Among the 40% 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 weak

Among the 20% 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 equityStrong

Among the 40% 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 20% highest rated companies in the industry

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

Debt & solvency

Solidity ratioStrong

Among the 40% 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 ratioStrong

Among the 40% 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 equityStrong

Among the 40% 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 equityStrong

Among the 40% 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 debtAverage

Around the average of companies in the same industry

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

EBITDA to debtAverage

Around the average of companies in the same 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 20% lowest rated companies in the industry

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

Interest marginAverage

Around the average of companies in the same 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

Equity to contributed capitalStrong

Among the 30% highest 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 equityAverage

Around the average of companies in the same industry

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

One-year change in debtAverage

Around the average of companies in the same 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 2019
Filed via CVR / Virk · Period 2018-10-01 – 2019-09-30
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-10-01 – 2018-09-30
View PDF
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 2014-09-01 – 2015-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


MH Morten Henrik Mikkelsen Management	Management	2014 – 2021
NW Nete Weber Liquidator	Liquidator	2021 – 2021

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
FA GROUP HOLDING ApS	Company	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

FA GROUP HOLDING ApS100%

Nordic Manpower ApS (this company)

Board network connections

Board members of Nordic Manpower ApS hold no positions in other companies.

Frequently asked questions

What is the CVR number of Nordic Manpower ApS?

Nordic Manpower ApS is registered with CVR / Virk under CVR 36077697.

What is the gross profit of Nordic Manpower ApS?

Nordic Manpower ApS reported a gross profit of DKK 294.2k in 2019.

How many employees does Nordic Manpower ApS have?

Nordic Manpower ApS employs 2 people as of the latest annual report.

Where is Nordic Manpower ApS headquartered?

Nordic Manpower ApS's registered address is Hindegade 6.