Repay Finance ApS
APSBankruptAdvertising protectionCVR 36983108Vestergade 18E, 1456 København KOther credit granting· NACE 6492Est. 2015 · 11 years old6 employeeshttps://www.turbolån.dk
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Overview
Repay Finance ApS is a Danish APS based in København K, operating in the Other credit granting sector. Incorporated in 2015, the company has 6 employees and reported a gross profit of DKK 13.6m in its latest annual filing.
Gross profit 2019
13.6M DKK
−42% vs 2018
EBITDA margin (of gross profit)
46.9 %
−62% vs 2018
Net profit 2019
-19.3M DKK
-14555% vs 2018
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-7.7 %
Very weakAmong the 10% lowest rated companies in the industry
20162019
Liquidity ratioCurrent assets ÷ Short-term debt
23.0×
StrongAmong the 40% highest rated companies in the industry
20162019
Return on assets (ROA)Net profit ÷ Total assets × 100
-9.2 %
Very weakAmong the 20% lowest rated companies in the industry
20162019
EBITDA — year on year
DKK millionsKey figures
Annual report 2019| Gross profit | 13.6M DKK | -42% |
| EBITDA | 6.4M DKK | -62% |
| Net profit | -19.3M DKK | -14555% |
| Total assets | 211M DKK | +27% |
| Equity | -16.3M DKK | -630% |
| Employees | 6 | — |
Company information
Legal name
Repay Finance ApS
CVR number
36983108
Legal form
Anpartsselskab
NACE code
6492 · Other credit granting
Founded
1 August 2015 · 11 years
Share capital
DKK 588,333
Employees
6 (FTE)
VAT registered
No
Audit selected
Yes
Last report
2019-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør eller af hele direktionen.
Company purpose
Virksomhedens formål er at inddrive og modtage betalinger fra udestående lån.
(no translation available)
Contact
Address
Vestergade 18E, 1456 København K
Email
info@turbolaan.dk
Website
https://www.turbolån.dk
Advertising protection
Active — opted out of marketing use
Recent events
1 entry- Event
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Financial development
In its most recent annual report (2019), Repay Finance ApS reported a gross profit of DKK 13.6m, a decrease of 42% on the year before. The figures on this page draw on 4 annual filings covering 2016 to 2019. The bottom line showed a net loss of DKK 19.3m, and the EBITDA margin stood at 46.9%.
At the end of 2019, current assets covered short-term debt 23 times.
Financials
Gross profit
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Gross profit | 13,609 | 23,558 | 10,834 | 2,050 |
| Staff expenses | -7,231 | -6,765 | -2,655 | -153 |
| EBITDA | 6,378 | 16,793 | 8,179 | 1,896 |
| Depreciation & amort. | -0 | -185 | -62 | -62 |
| EBIT | 6,378 | 16,607 | 8,117 | 1,835 |
| Net financials | -25,723 | -16,433 | -2,814 | -393 |
| Profit before tax | -19,345 | 174 | 5,303 | 1,441 |
| Tax | -0 | 41 | 1,168 | 317 |
| Net profit | -19,345 | 134 | 4,135 | 1,124 |
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Balance sheet
DKK thousands| Item | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Total assets | 211,041 | 166,728 | 76,390 | 10,855 |
| Equity | -16,276 | 3,069 | 6,495 | 1,624 |
| Long-term debt | 218,148 | 158,148 | 67,541 | 8,267 |
| Short-term debt | 9,169 | 5,511 | 2,313 | 910 |
| Total debt | 227,317 | 163,659 | 69,855 | 9,176 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
46.9 %
20162019
Equity ratio
-7.7 %
Very weakAmong the 10% lowest rated companies in the industry
20162019
Return on equity
—
20162019
Net profit margin (of gross profit)
-142.1 %
20162019
Asset turnover (of gross profit)
0.06×
20162019
Debt / equity
—
20162019
Sector performance
18 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on assets (ROA)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
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 ratioStrong
Among the 30% 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.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioStrong
Among the 40% 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 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 ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 weak
Among the 20% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Debt & solvency
Solidity ratioVery weak
Among the 10% 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 ratioVery weak
Among the 10% 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.
Income to debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 20% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 20% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 30% lowest 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 30% 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.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Equity to contributed capitalVery weak
Among the 10% 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 weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% lowest 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 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2015-08-01 – 2016-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (2)
LB Management | Management | 2020 – 2020 |
MF Chief Executive Officer | Chief Executive Officer | 2015 – 2020 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (9)
EB Board of Directors | Board of Directors | 2020 – 2020 |
MS Chairman | Chairman | 2018 – 2020 |
LB Board of Directors | Board of Directors | 2020 – 2020 |
UM Deputy Chairman | Deputy Chairman | 2016 – 2018 |
MF Board of Directors | Board of Directors | 2015 – 2020 |
JW Chairman | Chairman | 2015 – 2016 |
MT Chairman | Chairman | 2020 – 2020 |
CR Deputy Chairman | Deputy Chairman | 2018 – 2020 |
WS Board of Directors | Board of Directors | 2018 – 2019 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2017 | |
| Individual | 10–14.99% | 10–14.99% | 2017 | |
| Company | 66.67–89.99% | 66.67–89.99% | 2017 | |
| Company | 15–19.99% | 15–19.99% | 2017 |
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
ACEA Capital ApS
Repay Finance ApS Board network connections
Board members of Repay Finance ApS also hold positions in 42 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Morten Schwartz Nielsen | Chairman | 18 companiesMany roles |
| Lisbeth Britta Bak | Management | 8 companiesMany roles |
| Mustapha Fauzi Yassine | Chief Executive Officer | 6 companiesMany roles |
| Christian Rützou Hornskov | Deputy Chairman | 4 companies |
| Esben Bak | Board of Directors | 3 companies |
| Jesper Westi-Henriksen | Chairman | 2 companies |
| Ulrich Metz | Deputy Chairman | 1 company |
Frequently asked questions
What is the CVR number of Repay Finance ApS?
Repay Finance ApS is registered with CVR / Virk under CVR 36983108.
What is the gross profit of Repay Finance ApS?
Repay Finance ApS reported a gross profit of DKK 13.6m in 2019.
How many employees does Repay Finance ApS have?
Repay Finance ApS employs 6 people as of the latest annual report.
Where is Repay Finance ApS headquartered?
Repay Finance ApS's registered address is Vestergade 18E.