Kulminate ApS

Q: What is the CVR number of Kulminate ApS?

Kulminate ApS is registered with CVR / Virk under CVR 37634646.

Q: What is the gross profit of Kulminate ApS?

Kulminate ApS reported a gross profit of -DKK 10.0k in 2018.

Q: Where is Kulminate ApS headquartered?

Kulminate ApS's registered address is Kokbjerg 14.

APSDissolved

CVR 37634646Kokbjerg 14, 6000 KoldingIkke-finansielle holdingselskaber· NACE 642020Est. 2016 · 10 years old— employees

Overview

Kulminate ApS is a Danish APS based in Kolding, operating in the Ikke-finansielle holdingselskaber sector. Incorporated in 2016, the company reported a gross profit of -DKK 10.0k in its latest annual filing.

Gross profit 2018

-10K DKK

+300% vs 2016

EBITDA margin (of gross profit)

100.0 %

−300% vs 2016

Net profit 2018

-42.7K DKK

-1610% vs 2016

Key ratios

See full ratios →

36.9 %

Weak

Among the 30% lowest rated companies in the industry

20162018

0.1×

Very weak

Among the 20% lowest rated companies in the industry

20162018

-15.4 %

Very weak

Among the 20% lowest rated companies in the industry

20162018

EBITDA — year on year

DKK thousands

Key figures

Annual report 2018

Gross profit	-10K DKK	+300%
EBITDA	-10K DKK	-300%
Net profit	-42.7K DKK	-1610%
Total assets	276.8K DKK	+177%
Equity	102K DKK	+115%
Employees	—	—

Financial development

In its most recent annual report (2018), Kulminate ApS reported a gross profit of -DKK 10.0k. The figures on this page draw on 2 annual filings covering 2016 to 2018. The bottom line showed a net loss of DKK 42.7k.

At the end of 2018, equity financed 36.9% of the balance sheet, and current assets covered short-term debt 0.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2018	2016
Gross profit	-10	-2
Staff expenses	-0	-0
EBITDA	-10	-2
Depreciation & amort.	-0	-0
EBIT	-10	-2
Net financials	-28	0
Profit before tax	-38	-2
Tax	5	-0
Net profit	-43	-2

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Balance sheet

DKK thousands

Item	2018	2016
Total assets	277	100
Equity	102	48
Long-term debt	0	53
Short-term debt	175	0
Total debt	175	53

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20162018

Equity ratio

36.9 %

Weak

Among the 30% lowest rated companies in the industry

20162018

Return on equity

-41.9 %

Very weak

Among the 10% lowest rated companies in the industry

20162018

Net profit margin (of gross profit)

<−999 %

20162018

Asset turnover (of gross profit)

-0.04×

20162018

Debt / equity

1.71×

Very weak

Among the 20% lowest rated companies in the industry

20162018

Sector performance

20 of 28 ratios graded

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

Profitability

Return on equity (ROE)Very weak

Among the 10% 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)Very weak

Among the 20% 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)Very weak

Among the 10% 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)Very weak

Among the 20% lowest rated companies in the 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 ratioVery weak

Among the 20% 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 ratioVery weak

Among the 20% 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 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 equityStrong

Among the 40% 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 ratioStrong

Among the 30% highest rated companies in the industry

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

Debt & solvency

Solidity ratioWeak

Among the 30% lowest 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 ratioWeak

Among the 30% lowest 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 weak

Among the 20% 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 equityVery weak

Among the 20% 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 30% 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 coverageVery weak

Among the 10% lowest rated companies in the industry

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

Interest rate on debtStrong

Among the 30% highest rated companies in the industry

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

Interest marginVery weak

Among the 20% 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 capitalWeak

Among the 40% lowest rated companies in the industry

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

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.

One-year change in equityNot rated

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

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

One-year change in debtNot rated

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

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

Annual reports & filings

Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2016-04-19 – 2016-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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

Frequently asked questions

What is the CVR number of Kulminate ApS?

Kulminate ApS is registered with CVR / Virk under CVR 37634646.

What is the gross profit of Kulminate ApS?

Kulminate ApS reported a gross profit of -DKK 10.0k in 2018.

Where is Kulminate ApS headquartered?

Kulminate ApS's registered address is Kokbjerg 14.