COPENHAGEN SELECT ApS

APSDissolved

CVR 37039128Fridtjof Nansens Plads 5, 2100 København ØVirksomhedsrådgivning og anden rådgivning om driftsledelse· NACE 702200Est. 1977 · 49 years old1 employees

Overview

COPENHAGEN SELECT ApS is a Danish APS based in København Ø, operating in the Virksomhedsrådgivning og anden rådgivning om driftsledelse sector. Incorporated in 1977, the company has 1 employee and reported a gross profit of DKK 3.6m in its latest annual filing.

Gross profit 2022

3.6M DKK

+303% vs 2021

EBITDA margin (of gross profit)

92.2 %

+475% vs 2021

Net profit 2022

2.7M DKK

+1773% vs 2021

Key ratios

See full ratios →

89.8 %

Very strong

Among the 20% highest rated companies in the industry

20182022

21.1×

Very strong

Among the 10% highest rated companies in the industry

20182022

15.4 %

Very strong

Among the 10% highest rated companies in the industry

20182022

EBITDA — year on year

DKK thousands

Key figures

Annual report 2022

Gross profit	3.6M DKK	+303%
EBITDA	3.3M DKK	+475%
Net profit	2.7M DKK	+1773%
Total assets	17.5M DKK	-11%
Equity	15.8M DKK	+21%
Employees	1	—

Financial development

In its most recent annual report (2022), COPENHAGEN SELECT ApS reported a gross profit of DKK 3.6m, an increase of 303% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of DKK 2.7m, and the EBITDA margin stood at 92.2%.

At the end of 2022, equity financed 89.8% of the balance sheet, and current assets covered short-term debt 21.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2022	2021	2020	2019	2018
Gross profit	3,595	892	2,163	2,109	967
Staff expenses	-280	-315	-306	-244	-250
EBITDA	3,316	577	1,857	2,189	333
Depreciation & amort.	-267	-284	-288	-0	-0
EBIT	3,048	292	1,569	2,189	333
Net financials	4	15	-198	122	-662
Profit before tax	3,052	307	1,371	1,987	56
Tax	354	163	208	589	64
Net profit	2,699	144	1,163	1,399	-8

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Balance sheet

DKK thousands

Item	2022	2021	2020	2019	2018
Total assets	17,544	19,630	22,147	34,692	33,069
Equity	15,755	13,056	12,912	21,948	20,549
Long-term debt	1,100	5,774	8,547	9,367	9,512
Short-term debt	340	210	164	488	299
Total debt	1,440	5,984	8,711	9,855	9,811

Financial ratios

5-year trend

EBITDA margin (of gross profit)

92.2 %

20182022

Equity ratio

89.8 %

Very strong

Among the 20% highest rated companies in the industry

20182022

Return on equity

17.1 %

Strong

Among the 30% highest rated companies in the industry

20182022

Net profit margin (of gross profit)

75.1 %

20182022

Asset turnover (of gross profit)

0.20×

20182022

Debt / equity

0.11×

Very strong

Among the 20% highest rated companies in the industry

20182022

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)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)Strong

Among the 30% 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.

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.

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 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 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 ratioAverage

Around the average of companies in the same 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 equityVery strong

Among the 20% 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 20% 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 coverageVery strong

Among the 10% highest rated companies in the industry

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

Interest rate on debtVery strong

Among the 20% highest rated companies in the industry

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

Interest marginVery strong

Among the 10% 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 capitalStrong

Among the 40% 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 equityStrong

Among the 30% 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 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF
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

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (5)


FV Frans Vestergren Thomsen Audit	Audit	1977 – 1989
JG Jørgen Gervin Pedersen Management	Management	1977 – 1989
BN Bent Nielsen Audit	Audit	1977 – 2016
WC Winni Charlotte Sørensen Management	Management	2022 – 2023
KG Kjeld Gaarn Thomsen Management	Management	1977 – 2022

Board of directors

Non-executive oversight

Name	Role	Member since

Former (10)


JG Jørgen Gervin Pedersen Board of Directors	Board of Directors	1977 – 1987
TG Thomas Gaarn Thomsen Board of Directors	Board of Directors	1977 – 2020
IM Inger Marie Ingvardsen Board of Directors	Board of Directors	1977 – 2003
NJ Nils Jørgen Philip-Sørensen Board of Directors	Board of Directors	1977 – 1989
JK Jesper Krabbe Kristensen Board of Directors	Board of Directors	2022 – 2023
SW Stina Wendner Mathiesen Board of Directors	Board of Directors	2022 – 2023
SE Steen Ertberg Christensen Board of Directors	Board of Directors	1977 – 1987
MG Martin Gaarn Thomsen Board of Directors	Board of Directors	2003 – 2022
WC Winni Charlotte Sørensen Board of Directors	Board of Directors	2020 – 2023
KG Kjeld Gaarn Thomsen Board of Directors	Board of Directors	1977 – 2022

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Boet efter Kjeld Gaarn Thomsen	Individual	100%	100%	2022
Kjeld Gaarn Thomsen	Individual	100%	100%	1989

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of COPENHAGEN SELECT ApS also hold positions in 31 other companies.

Person	Role here	Other companies
Steen Ertberg Christensen	Board of Directors	9 companiesMany roles
Frans Vestergren Thomsen	Audit	7 companiesMany roles
Martin Gaarn Thomsen	Board of Directors	5 companies
Winni Charlotte Sørensen	Management	3 companies
Inger Marie Ingvardsen	Board of Directors	3 companies
Bent Nielsen	Audit	1 company
Thomas Gaarn Thomsen	Board of Directors	1 company
Jesper Krabbe Kristensen	Board of Directors	1 company
Stina Wendner Mathiesen	Board of Directors	1 company

Frequently asked questions

What is the CVR number of COPENHAGEN SELECT ApS?

COPENHAGEN SELECT ApS is registered with CVR / Virk under CVR 37039128.

What is the gross profit of COPENHAGEN SELECT ApS?

COPENHAGEN SELECT ApS reported a gross profit of DKK 3.6m in 2022.

How many employees does COPENHAGEN SELECT ApS have?

COPENHAGEN SELECT ApS employs 1 people as of the latest annual report.

Where is COPENHAGEN SELECT ApS headquartered?

COPENHAGEN SELECT ApS's registered address is Fridtjof Nansens Plads 5, st..