KIRKTZEN ApS

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CVR 36437235Januarvænget 94, 6000 KoldingRental and operating of own or leased real estate· NACE 6820Est. 2014 · 11 years old— employees

Overview

KIRKTZEN ApS is a Danish APS based in Kolding, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2014, the company reported a gross profit of DKK 66.9k in its latest annual filing.

Gross profit 2017

66.9K DKK

−47% vs 2016

EBITDA margin (of gross profit)

270.3 %

+42% vs 2016

Net profit 2017

50.1K DKK

+267% vs 2016

Key ratios

See full ratios →

76.5 %

Very strong

Among the 20% highest rated companies in the industry

20162017

4.3×

Very strong

Among the 20% highest rated companies in the industry

20162017

54.7 %

Very strong

Among the 10% highest rated companies in the industry

20162017

EBITDA — year on year

DKK thousands

Key figures

Annual report 2017

Gross profit	66.9K DKK	-47%
EBITDA	180.9K DKK	+42%
Net profit	50.1K DKK	+267%
Total assets	91.6K DKK	-98%
Equity	70K DKK	+252%
Employees	—	—

Contact

Address

Januarvænget 94, 6000 Kolding

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Financial development

In its most recent annual report (2017), KIRKTZEN ApS reported a gross profit of DKK 66.9k, a decrease of 47% on the year before. The figures on this page draw on 2 annual filings covering 2016 to 2017. The bottom line showed a net profit of DKK 50.1k, and the EBITDA margin stood at 270.3%.

At the end of 2017, equity financed 76.5% of the balance sheet, and current assets covered short-term debt 4.3 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2017	2016
Gross profit	67	127
Staff expenses	-0	-0
EBITDA	181	127
Depreciation & amort.	57	-16
EBIT	124	111
Net financials	-70	-145
Profit before tax	54	-34
Tax	4	-4
Net profit	50	-30

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Balance sheet

DKK thousands

Item	2017	2016
Total assets	92	3,911
Equity	70	20
Long-term debt	0	0
Short-term debt	22	3,891
Total debt	22	3,891

Financial ratios

5-year trend

EBITDA margin (of gross profit)

270.3 %

20162017

Equity ratio

76.5 %

Very strong

Among the 20% highest rated companies in the industry

20162017

Return on equity

71.6 %

Very strong

Among the 10% highest rated companies in the industry

20162017

Net profit margin (of gross profit)

74.9 %

20162017

Asset turnover (of gross profit)

0.73×

20162017

Debt / equity

0.31×

Strong

Among the 30% highest rated companies in the industry

20162017

Sector performance

22 of 28 ratios graded

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

Profitability

Return on equity (ROE)Very strong

Among the 10% 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 10% 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 10% 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 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

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.

Capacity ratioNot rated

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

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 20% 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 20% 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 equityVery weak

Among the 20% 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 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 ratioVery strong

Among the 20% 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 20% 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 30% 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 30% 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 debtWeak

Among the 40% 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 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 equityVery strong

Among the 10% 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.

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 2016-05-01 – 2017-04-30
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2014-11-19 – 2016-04-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


MP Michael Prasanjit Baruah Management	Management	2014 – 2017
BL Bo Lorentzen Founder	Founder	2014 – 2017

Board of directors

Non-executive oversight

Name	Role	Member since

Former (2)


HL Hans-Henrik Lorentzen Chairman	Chairman	2014 – 2017
BL Bo Lorentzen Board of Directors	Board of Directors	2014 – 2017

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Bo Lorentzen	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 KIRKTZEN ApS also hold positions in 12 other companies.

Person	Role here	Other companies
Michael Prasanjit Baruah	Management	6 companiesMany roles
Hans-Henrik Lorentzen	Chairman	5 companies
Bo Lorentzen	Founder	1 company

Frequently asked questions

What is the CVR number of KIRKTZEN ApS?

KIRKTZEN ApS is registered with CVR / Virk under CVR 36437235.

What is the gross profit of KIRKTZEN ApS?

KIRKTZEN ApS reported a gross profit of DKK 66.9k in 2017.

Where is KIRKTZEN ApS headquartered?

KIRKTZEN ApS's registered address is Januarvænget 94.