Halvvejs til Norge ApS

APSIn liquidationAdvertising protection

CVR 36683244Tudsebjergvej 9, 4700 NæstvedRental and operating of own or leased real estate· NACE 6820Est. 2015 · 11 years old— employees

Overview

Halvvejs til Norge ApS is a Danish APS based in Næstved, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2015, the company reported a gross profit of DKK 64.7k in its latest annual filing.

Gross profit 2019

64.7K DKK

+4% vs 2018

EBITDA margin (of gross profit)

100.0 %

+4% vs 2018

Net profit 2019

27.1K DKK

+23% vs 2018

Key ratios

See full ratios →

18.9 %

Weak

Among the 40% lowest rated companies in the industry

20152019

0.3×

Weak

Among the 40% lowest rated companies in the industry

20152019

4.1 %

Strong

Among the 30% highest rated companies in the industry

20152019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	64.7K DKK	+4%
EBITDA	64.7K DKK	+4%
Net profit	27.1K DKK	+23%
Total assets	666.2K DKK	-11%
Equity	126.2K DKK	+27%
Employees	—	—

Contact

Address

Tudsebjergvej 9, 4700 Næstved

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2019), Halvvejs til Norge ApS reported a gross profit of DKK 64.7k, an increase of 4% 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 27.1k, and the EBITDA margin stood at 100%.

At the end of 2019, equity financed 18.9% of the balance sheet, and current assets covered short-term debt 0.3 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016	2015
Gross profit	65	62	66	69	9
Staff expenses	-0	-0	-0	-0	-0
EBITDA	65	62	66	69	9
Depreciation & amort.	-19	-19	-19	-19	-15
EBIT	46	43	47	50	-6
Net financials	-11	-15	-16	-19	-19
Profit before tax	35	28	31	31	-25
Tax	8	6	7	7	-4
Net profit	27	22	24	24	-21

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016	2015
Total assets	666	746	709	745	738
Equity	126	99	77	53	29
Long-term debt	294	323	349	375	401
Short-term debt	241	320	280	315	306
Total debt	535	643	629	690	707

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20152019

Equity ratio

18.9 %

Weak

Among the 40% lowest rated companies in the industry

20152019

Return on equity

21.4 %

Strong

Among the 30% highest rated companies in the industry

20152019

Net profit margin (of gross profit)

41.8 %

20152019

Asset turnover (of gross profit)

0.10×

20152019

Debt / equity

4.28×

Weak

Among the 30% lowest 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)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)Strong

Among the 30% 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)Strong

Among the 30% 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 ratioStrong

Among the 40% 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 ratioWeak

Among the 40% 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 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 40% 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 40% 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 capitalWeak

Among the 30% 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 ratioStrong

Among the 30% highest rated companies in the industry

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

Debt & solvency

Solidity ratioWeak

Among the 40% 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 ratioWeak

Among the 40% 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.

Debt to equityWeak

Among the 30% 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 30% 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 debtStrong

Among the 40% highest rated companies in the industry

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

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

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

Interest coverageStrong

Among the 30% highest rated companies in the industry

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

Interest rate on debtStrong

Among the 40% highest 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 30% 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

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 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 20% 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 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
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 2015-03-16 – 2015-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


JJ Jens Julius Lundtorp Olsen Management	Management	2015 – 2021
SS Søren Storgaard Liquidator	Liquidator	2021 – 2021

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
MULTIPLIKATOR INVEST ApS	Company	100%	100%	2015

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

MULTIPLIKATOR INVEST ApS100%

Halvvejs til Norge ApS (this company)

Board network connections

Board members of Halvvejs til Norge ApS also hold positions in 84 other companies.

Person	Role here	Other companies
Søren Storgaard	Liquidator	70 companiesMany roles
Jens Julius Lundtorp Olsen	Management	14 companiesMany roles

Frequently asked questions

What is the CVR number of Halvvejs til Norge ApS?

Halvvejs til Norge ApS is registered with CVR / Virk under CVR 36683244.

What is the gross profit of Halvvejs til Norge ApS?

Halvvejs til Norge ApS reported a gross profit of DKK 64.7k in 2019.

Where is Halvvejs til Norge ApS headquartered?

Halvvejs til Norge ApS's registered address is Tudsebjergvej 9.