Nelex Service ApS

APSBankruptAdvertising protection

CVR 37440930Langelinie Allé 17, 2100 København ØNon-specialised wholesale of food, beverages and tobacco· NACE 4639Est. 2016 · 10 years old6 employees

Overview

Nelex Service ApS is a Danish APS based in København Ø, operating in the Non-specialised wholesale of food, beverages and tobacco sector. Incorporated in 2016, the company has 6 employees and reported revenue of DKK 684.9k in its latest annual filing.

Revenue 2019

684.9K DKK

−28% vs 2018

EBITDA margin

0.8 %

−96% vs 2018

Net profit 2019

5.6K DKK

-94% vs 2018

Key ratios

See full ratios →

68.5 %

Strong

Among the 30% highest rated companies in the industry

20162019

3.2×

Strong

Among the 30% highest rated companies in the industry

20162019

2.1 %

Average

Around the average of companies in the same industry

20162019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Revenue	684.9K DKK	-28%
EBITDA	5.6K DKK	-96%
Net profit	5.6K DKK	-94%
Total assets	268.9K DKK	-5%
Equity	184.2K DKK	+3%
Employees	6	—

Contact

Address

Langelinie Allé 17, 2100 København Ø

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2019), Nelex Service ApS reported revenue of DKK 684.9k, a decrease of 28% 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 5.6k, and the EBITDA margin stood at 0.8%.

At the end of 2019, equity financed 68.5% of the balance sheet, and current assets covered short-term debt 3.2 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016
Revenue	685	950	131	—
Staff expenses	-2	-115	-96	-0
EBITDA	6	131	35	0
Depreciation & amort.	-0	-0	-0	-0
EBIT	6	131	35	0
Net financials	0	-0	-0	0
Profit before tax	6	131	35	0
Tax	-0	29	8	-0
Net profit	6	102	27	0

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016
Total assets	269	282	232	75
Equity	184	179	77	50
Long-term debt	0	0	0	0
Short-term debt	85	104	156	25
Total debt	85	104	156	25

Financial ratios

5-year trend

EBITDA margin

0.8 %

20162019

Equity ratio

68.5 %

Strong

Among the 30% highest rated companies in the industry

20162019

Return on equity

3.1 %

Weak

Among the 40% lowest rated companies in the industry

20162019

Net profit margin

0.8 %

Average

Around the average of companies in the same industry

20162019

Asset turnover

2.55×

Strong

Among the 30% highest rated companies in the industry

20162019

Debt / equity

0.46×

Strong

Among the 30% highest rated companies in the industry

20162019

Sector performance

26 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 20% 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 marginWeak

Among the 40% 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 marginAverage

Around the average of companies in the same 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 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)Average

Around the average of companies in the same 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.

Capacity ratioVery strong

Among the 10% 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.

Liquidity

Current ratioStrong

Among the 30% 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 20% 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.

Current assets to equityAverage

Around the average of companies in the same 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 ratioWeak

Among the 40% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioStrong

Among the 30% 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 ratioStrong

Among the 30% 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 equityStrong

Among the 30% 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 equityStrong

Among the 40% 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 debtAverage

Around the average of companies in the same 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 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 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.

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 turnoverStrong

Among the 30% highest rated companies in the industry

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

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% 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 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 2016-02-01 – 2016-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (7)


SI Stefan Ivanov Uzunov Chief Executive Officer	Chief Executive Officer	2019 – 2019
AA Ayhan Ali Mustafa Chief Executive Officer	Chief Executive Officer	2016 – 2016
AH Amer Hamad Agab Chief Executive Officer	Chief Executive Officer	2020 – 2021
MA Mohanad Adel Shiyaa Chief Executive Officer	Chief Executive Officer	2016 – 2019
UA Udai Abbas Mohammed Al-Tayawi Chief Executive Officer	Chief Executive Officer	2017 – 2017
NW Nete Weber Liquidator	Liquidator	2021 – 2021
AA Akeel Abdul Elaziz Al-Bayati Chief Executive Officer	Chief Executive Officer	2019 – 2020

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Stefan Ivanov Uzunov	Individual	100%	100%	2019
Amer Hamad Agab	Individual	100%	100%	2020
Mohanad Adel Shiyaa	Individual	50–66.65%	50–66.65%	2017
Udai Abbas Mohammed Al-Tayawi	Individual	100%	100%	2017
Akeel Abdul Elaziz Al-Bayati	Individual	100%	100%	2019

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

No registered parent or subsidiaries

Board network connections

Board members of Nelex Service ApS also hold positions in 3 other companies.

Person	Role here	Other companies
Mohanad Adel Shiyaa	Chief Executive Officer	3 companies

Frequently asked questions

What is the CVR number of Nelex Service ApS?

Nelex Service ApS is registered with CVR / Virk under CVR 37440930.

What is the revenue of Nelex Service ApS?

Nelex Service ApS reported revenue of DKK 684.9k in 2019.

How many employees does Nelex Service ApS have?

Nelex Service ApS employs 6 people as of the latest annual report.

Where is Nelex Service ApS headquartered?

Nelex Service ApS's registered address is Langelinie Allé 17.