37570397 ApS

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CVR 37570397Østergårdsvej 12, 8850 BjerringbroGrowing of vegetables and melons, roots and tubers· NACE 0113Est. 2016 · 10 years old6 employees

Overview

37570397 ApS is a Danish APS based in Bjerringbro, operating in the Growing of vegetables and melons, roots and tubers sector. Incorporated in 2016, the company has 6 employees and reported a gross profit of DKK 11.9m in its latest annual filing.

Gross profit 2019

11.9M DKK

−39% vs 2018

EBITDA margin (of gross profit)

12.1 %

−69% vs 2018

Net profit 2019

0M DKK

-99% vs 2018

Key ratios

See full ratios →

28.9 %

Average

Around the average of companies in the same industry

20162019

1.3×

Average

Around the average of companies in the same industry

20162019

0.2 %

Weak

Among the 40% lowest rated companies in the industry

20162019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	11.9M DKK	-39%
EBITDA	1.4M DKK	-69%
Net profit	0M DKK	-99%
Total assets	19.4M DKK	+1%
Equity	5.6M DKK	+1%
Employees	6	—

Contact

Address

Østergårdsvej 12, 8850 Bjerringbro

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Financial development

In its most recent annual report (2019), 37570397 ApS reported a gross profit of DKK 11.9m, a decrease of 39% 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 35.4k, and the EBITDA margin stood at 12.1%.

At the end of 2019, equity financed 28.9% of the balance sheet, and current assets covered short-term debt 1.3 times.

Financials

Gross profit

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016
Gross profit	11,917	19,478	10,072	622
Staff expenses	-10,478	-14,900	-6,427	-0
EBITDA	1,439	4,578	3,645	622
Depreciation & amort.	-287	-247	-162	61
EBIT	1,152	4,331	3,483	560
Net financials	-1,106	-770	-494	-16
Profit before tax	46	3,562	2,989	544
Tax	10	801	658	120
Net profit	35	2,760	2,331	425

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016
Total assets	19,390	19,231	9,706	2,310
Equity	5,607	5,571	2,811	480
Long-term debt	735	170	165	0
Short-term debt	12,618	13,069	6,458	1,721
Total debt	13,353	13,239	6,622	1,721

Financial ratios

5-year trend

EBITDA margin (of gross profit)

12.1 %

20162019

Equity ratio

28.9 %

Average

Around the average of companies in the same industry

20162019

Return on equity

0.6 %

Weak

Among the 40% lowest rated companies in the industry

20162019

Net profit margin (of gross profit)

0.3 %

20162019

Asset turnover (of gross profit)

0.61×

20162019

Debt / equity

2.46×

Weak

Among the 40% lowest rated companies in the industry

20162019

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)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)Strong

Among the 40% 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 ratioWeak

Among the 40% lowest 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 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 ratioAverage

Around the average of companies in the same 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 weak

Among the 10% 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 weak

Among the 20% 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 capitalStrong

Among the 40% 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 strong

Among the 10% highest 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 debtVery weak

Among the 10% 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 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.

Efficiency & development

Equity to contributed capitalVery strong

Among the 20% 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 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 debtAverage

Around the average of companies in the same 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 2016-03-29 – 2016-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


DK David Kipper Falk Management	Management	2016 – 2021
CB Caleb Bryan Kipper Falk Management	Management	2016 – 2021

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Østerkrog Holding 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.

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Related companies

Company hierarchy

Østerkrog Holding ApS100%

37570397 ApS (this company)

Board network connections

Board members of 37570397 ApS also hold positions in 9 other companies.

Person	Role here	Other companies
David Kipper Falk	Management	5 companies
Caleb Bryan Kipper Falk	Management	4 companies

Frequently asked questions

What is the CVR number of 37570397 ApS?

37570397 ApS is registered with CVR / Virk under CVR 37570397.

What is the gross profit of 37570397 ApS?

37570397 ApS reported a gross profit of DKK 11.9m in 2019.

How many employees does 37570397 ApS have?

37570397 ApS employs 6 people as of the latest annual report.

Where is 37570397 ApS headquartered?

37570397 ApS's registered address is Østergårdsvej 12.