Flora IVS
IVSDissolvedAdvertising protectionCVR 37924113Vesterbrogade 9D, 3250 GillelejeRestauranter· NACE 561010Est. 2016 · 10 years old5 employees
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Overview
Flora IVS is a Danish IVS based in Gilleleje, operating in the Restauranter sector. Incorporated in 2016, the company has 5 employees and reported revenue of DKK 3.2m in its latest annual filing.
Revenue 2019
3.2M DKK
+155% vs 2018
EBITDA margin
−0.3 %
+97% vs 2018
Net profit 2019
-0M DKK
+97% vs 2018
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-360.1 %
Very weakAmong the 10% lowest rated companies in the industry
20172019
Liquidity ratioCurrent assets ÷ Short-term debt
0.2×
Very weakAmong the 20% lowest rated companies in the industry
20172019
Return on assets (ROA)Net profit ÷ Total assets × 100
-6.6 %
WeakAmong the 40% lowest rated companies in the industry
20172019
EBITDA — year on year
DKK thousandsKey figures
Annual report 2019| Revenue | 3.2M DKK | +155% |
| EBITDA | -0M DKK | +97% |
| Net profit | -0M DKK | +97% |
| Total assets | 0.2M DKK | -60% |
| Equity | -0.7M DKK | -8% |
| Employees | 5 | — |
Company information
Legal name
FLORA IVS
CVR number
37924113
Legal form
Iværksætterselskab
NACE code
561010 · Restauranter
Founded
11 August 2016 · 10 years
Share capital
DKK 1,000
Employees
5 (FTE)
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af 1 direktør.
Contact
Address
Vesterbrogade 9D, 3250 Gilleleje
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2019), Flora IVS reported revenue of DKK 3.2m, an increase of 155% on the year before. The figures on this page draw on 3 annual filings covering 2017 to 2019. The bottom line showed a net loss of DKK 13.1k, and the EBITDA margin stood at -0.3%.
At the end of 2019, current assets covered short-term debt 0.2 times.
Financials
Revenue
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2019 | 2018 | 2017 |
|---|---|---|---|
| Revenue | 3,193 | 1,251 | 1,385 |
| Staff expenses | -1,493 | -1,588 | -701 |
| EBITDA | -10 | -337 | -165 |
| Depreciation & amort. | -0 | -0 | -50 |
| EBIT | -10 | -337 | -215 |
| Net financials | -3 | -57 | -49 |
| Profit before tax | -13 | -393 | -265 |
| Tax | -0 | -0 | -0 |
| Net profit | -13 | -393 | -265 |
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Balance sheet
DKK thousands| Item | 2019 | 2018 | 2017 |
|---|---|---|---|
| Total assets | 198 | 491 | 412 |
| Equity | -713 | -657 | -264 |
| Long-term debt | 0 | 0 | 0 |
| Short-term debt | 911 | 1,148 | 676 |
| Total debt | 911 | 1,148 | 676 |
Financial ratios
5-year trendEBITDA margin
-0.3 %
20172019
Equity ratio
-360.1 %
Very weakAmong the 10% lowest rated companies in the industry
20172019
Return on equity
—
20172019
Net profit margin
-0.4 %
WeakAmong the 40% lowest rated companies in the industry
20172019
Asset turnover
16.13×
Very strongAmong the 10% highest rated companies in the industry
20172019
Debt / equity
—
20172019
Sector performance
21 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 40% highest 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 marginWeak
Among the 40% 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 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.
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 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.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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 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.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Debt & solvency
Solidity ratioVery weak
Among the 10% 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 ratioVery weak
Among the 10% 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.
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 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% 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 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.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Asset turnoverVery strong
Among the 10% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same industry
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.
Equity to contributed capitalVery weak
Among the 10% 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 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.
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.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (2)
JO Chief Executive Officer | Chief Executive Officer | 2016 – 2017 |
SF Chief Executive Officer | Chief Executive Officer | 2017 – 2021 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 100% | 100% | 2016 | |
| Company | 100% | 100% | 2016 | |
| Individual | 100% | 100% | 2017 |
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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Company hierarchy
APPHIA ApS
Flora IVS Board network connections
Board members of Flora IVS also hold positions in 7 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jan Olesen | Chief Executive Officer | 5 companies |
| Susan Flora Femerling | Chief Executive Officer | 2 companies |
Frequently asked questions
What is the CVR number of Flora IVS?
Flora IVS is registered with CVR / Virk under CVR 37924113.
What is the revenue of Flora IVS?
Flora IVS reported revenue of DKK 3.2m in 2019.
How many employees does Flora IVS have?
Flora IVS employs 5 people as of the latest annual report.
Where is Flora IVS headquartered?
Flora IVS's registered address is Vesterbrogade 9D.