MSP Trading ApS

APSDissolvedAdvertising protection

CVR 37196126Kærgårdsvej 25, 7860 SpøttrupWholesale of agricultural machinery, equipment and supplies· NACE 4661Est. 2015 · 10 years old— employees

Overview

MSP Trading ApS is a Danish APS based in Spøttrup, operating in the Wholesale of agricultural machinery, equipment and supplies sector. Incorporated in 2015, the company reported revenue of DKK 6.6k in its latest annual filing.

Revenue 2017

6.6K DKK

−90% vs 2016

EBITDA margin

−19.8 %

+95% vs 2016

Net profit 2017

-1K DKK

+95% vs 2016

Key ratios

See full ratios →

43.3 %

Average

Around the average of companies in the same industry

20162017

1.8×

Average

Around the average of companies in the same industry

20162017

-1.6 %

Weak

Among the 40% lowest rated companies in the industry

20162017

EBITDA — year on year

DKK thousands

Key figures

Annual report 2017

Revenue	6.6K DKK	-90%
EBITDA	-1.3K DKK	+95%
Net profit	-1K DKK	+95%
Total assets	63K DKK	-32%
Equity	27.3K DKK	-4%
Employees	—	—

Contact

Address

Kærgårdsvej 25, 7860 Spøttrup

Advertising protection

Active — opted out of marketing use

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2017), MSP Trading ApS reported revenue of DKK 6.6k, a decrease of 90% on the year before. The figures on this page draw on 2 annual filings covering 2016 to 2017. The bottom line showed a net loss of DKK 1.0k, and the EBITDA margin stood at -19.8%.

At the end of 2017, equity financed 43.3% of the balance sheet, and current assets covered short-term debt 1.8 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2017	2016
Revenue	7	69
Staff expenses	-0	-0
EBITDA	-1	-28
Depreciation & amort.	-0	-0
EBIT	-1	-28
Net financials	0	0
Profit before tax	-1	-28
Tax	-0	-6
Net profit	-1	-22

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2017	2016
Total assets	63	92
Equity	27	28
Long-term debt	0	0
Short-term debt	36	64
Total debt	36	64

Financial ratios

5-year trend

EBITDA margin

-19.8 %

20162017

Equity ratio

43.3 %

Average

Around the average of companies in the same industry

20162017

Return on equity

-3.8 %

Weak

Among the 30% lowest rated companies in the industry

20162017

Net profit margin

-15.4 %

Very weak

Among the 20% lowest rated companies in the industry

20162017

Asset turnover

0.11×

Weak

Among the 30% lowest rated companies in the industry

20162017

Debt / equity

1.31×

Average

Around the average of companies in the same industry

20162017

Sector performance

25 of 28 ratios graded

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

Profitability

Gross marginVery weak

Among the 10% lowest rated companies in the industry

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 marginVery weak

Among the 20% lowest rated companies in the industry

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 marginVery weak

Among the 20% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Weak

Among the 30% 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 30% 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)Weak

Among the 40% lowest rated companies in the industry

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

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 ratioAverage

Around the average of companies in the same 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 30% 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 ratioStrong

Among the 30% 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 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 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 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 equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same 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 debtWeak

Among the 30% lowest rated companies in the industry

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

Interest rate on debtVery strong

Among the 10% highest 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 40% 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.

Interest coverageNot rated

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

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

Efficiency & development

Asset turnoverWeak

Among the 30% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

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 equityWeak

Among the 40% lowest 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.

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 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2015-11-01 – 2016-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


JL Jeppe Leth Founder	Founder	2015 – 2019
SD Søren Deker Høegh Chief Executive Officer	Chief Executive Officer	2015 – 2018

Board of directors

Non-executive oversight

Name	Role	Member since

Former (4)


AF Allan Forsberg Pedersen Board of Directors	Board of Directors	2015 – 2016
PF Peter Furbo Chairman	Chairman	2015 – 2018
JL Jeppe Leth Board of Directors	Board of Directors	2015 – 2016
SD Søren Deker Høegh Board of Directors	Board of Directors	2015 – 2018

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
EASY SHIPPING ApS	Company	100%	100%	2016

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

EASY SHIPPING ApS100%

MSP Trading ApS (this company)

Board network connections

Board members of MSP Trading ApS also hold positions in 2 other companies.

Person	Role here	Other companies
Jeppe Leth	Founder	1 company
Søren Deker Høegh	Chief Executive Officer	1 company

Frequently asked questions

What is the CVR number of MSP Trading ApS?

MSP Trading ApS is registered with CVR / Virk under CVR 37196126.

What is the revenue of MSP Trading ApS?

MSP Trading ApS reported revenue of DKK 6.6k in 2017.

Where is MSP Trading ApS headquartered?

MSP Trading ApS's registered address is Kærgårdsvej 25.