Reconfigurable Systems Holding ApS

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CVR 37159697Rugmarken 18, 3520 FarumAnden forskning og eksperimentel udvikling inden for naturvidenskab og teknik· NACE 721900Est. 2015 · 10 years old6 employees

Overview

Reconfigurable Systems Holding ApS is a Danish APS based in Farum, operating in the Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik sector. Incorporated in 2015, the company has 6 employees and reported a gross profit of DKK 671 in its latest annual filing.

Gross profit 2019

0M DKK

−13% vs 2018

EBITDA margin (of gross profit)

100.0 %

−13% vs 2018

Net profit 2019

0M DKK

-38% vs 2018

Key ratios

See full ratios →

54.1 %

Average

Around the average of companies in the same industry

20162019

0.9×

Weak

Among the 30% lowest rated companies in the industry

20162019

0.5 %

Weak

Among the 40% lowest rated companies in the industry

20162019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	0M DKK	-13%
EBITDA	0M DKK	-13%
Net profit	0M DKK	-38%
Total assets	1.4M DKK	+4%
Equity	0.8M DKK	+105%
Employees	6	—

Contact

Address

Rugmarken 18, 3520 Farum

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Financial development

In its most recent annual report (2019), Reconfigurable Systems Holding ApS reported a gross profit of DKK 671, a decrease of 13% on the year before. The figures on this page draw on 4 annual filings covering 2016 to 2019. The bottom line showed a net profit of DKK 7.7k, and the EBITDA margin stood at 100%.

At the end of 2019, equity financed 54.1% of the balance sheet, and current assets covered short-term debt 0.9 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016
Gross profit	1	1	178	476
Staff expenses	-0	-0	-0	-398
EBITDA	1	1	178	78
Depreciation & amort.	-0	-0	-0	-0
EBIT	1	1	178	78
Net financials	-2	-0	-1	-0
Profit before tax	-1	1	177	77
Tax	-9	-12	12	17
Net profit	8	12	164	60

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016
Total assets	1,412	1,358	1,042	830
Equity	764	372	360	60
Long-term debt	0	0	0	0
Short-term debt	648	985	682	770
Total debt	648	985	682	770

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20162019

Equity ratio

54.1 %

Average

Around the average of companies in the same industry

20162019

Return on equity

1.0 %

Weak

Among the 40% lowest rated companies in the industry

20162019

Net profit margin (of gross profit)

>999 %

20162019

Asset turnover (of gross profit)

0.00×

20162019

Debt / equity

0.85×

Weak

Among the 40% lowest rated companies in the industry

20162019

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)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)Weak

Among the 40% lowest 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)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.

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 ratioWeak

Among the 30% 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 ratioWeak

Among the 30% lowest 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.

Current assets to equityVery strong

Among the 20% 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 capitalVery weak

Among the 10% 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 weak

Among the 20% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same 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 40% 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 40% 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 debtWeak

Among the 40% lowest rated companies in the 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 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 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 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 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 2015-10-16 – 2016-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


DJ David Johan Christensen Chief Executive Officer	Chief Executive Officer	2015 – 2020

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
LOWCASH VENTURES ApS	Company	5–9.99%	5–9.99%	2015
Black Box Holding ApS	Company	33.33–49.99%	33.33–49.99%	2015
David Johan Christensen Holding ApS	Company	33.33–49.99%	33.33–49.99%	2015
Nordstorm Holding ApS	Company	5–9.99%	5–9.99%	2015

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Related companies

Company hierarchy

LOWCASH VENTURES ApS5%

Black Box Holding ApS33.33%

David Johan Christensen Holding ApS33.33%

Nordstorm Holding ApS5%

Reconfigurable Systems Holding ApS (this company)

Board network connections

Board members of Reconfigurable Systems Holding ApS also hold positions in 2 other companies.

Person	Role here	Other companies
David Johan Christensen	Chief Executive Officer	2 companies

Frequently asked questions

What is the CVR number of Reconfigurable Systems Holding ApS?

Reconfigurable Systems Holding ApS is registered with CVR / Virk under CVR 37159697.

What is the gross profit of Reconfigurable Systems Holding ApS?

Reconfigurable Systems Holding ApS reported a gross profit of DKK 671 in 2019.

How many employees does Reconfigurable Systems Holding ApS have?

Reconfigurable Systems Holding ApS employs 6 people as of the latest annual report.

Where is Reconfigurable Systems Holding ApS headquartered?

Reconfigurable Systems Holding ApS's registered address is Rugmarken 18.