Kiaer Properties ApS
APSActiveCVR 38000535Ansager Landevej 13, 7200 GrindstedRental and operating of own or leased real estate· NACE 6820Est. 2016 · 10 years old— employees
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Overview
Kiaer Properties ApS is a Danish APS based in Grindsted, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2016, the company reported a gross profit of DKK 142.0k in its latest annual filing.
Gross profit 2025
0.1M DKK
−73% vs 2024
EBITDA margin (of gross profit)
100.0 %
−73% vs 2024
Net profit 2025
-0.1M DKK
-102% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-12.7 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.4×
AverageAround the average of companies in the same industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-0.1 %
WeakAmong the 40% lowest rated companies in the industry
20212025
EBITDA — year on year
DKK thousandsKey figures
Annual report 2025| Gross profit | 0.1M DKK | -73% |
| EBITDA | 0.1M DKK | -73% |
| Net profit | -0.1M DKK | -102% |
| Total assets | 113.9M DKK | 0% |
| Equity | -14.5M DKK | +2% |
| Employees | — | — |
Company information
Legal name
Kiaer Properties ApS
CVR number
38000535
Legal form
Anpartsselskab
NACE code
Founded
8 September 2016 · 10 years
Share capital
DKK 50,000
Employees
—
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af 1 direktør eller af den samlede direktion.
Company purpose
Selskabets formål er at drive virksomhed med erhvervelse og udleje af fast ejendom samt anden virksomhed, der står i forbindelse hermed.
(no translation available)
Address
Ansager Landevej 13, 7200 Grindsted
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Financial development
In its most recent annual report (2025), Kiaer Properties ApS reported a gross profit of DKK 142.0k, a decrease of 73% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 96.0k, and the EBITDA margin stood at 100%.
At the end of 2025, current assets covered short-term debt 0.4 times.
Financials
Gross profit
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 142 | 521 | 708 | 276 | 429 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 142 | 521 | 708 | 276 | 429 |
| Depreciation & amort. | -195 | -195 | -195 | -195 | -195 |
| EBIT | -53 | 326 | 513 | 81 | 234 |
| Net financials | -114 | 3,589 | -2,929 | 1,723 | -2,381 |
| Profit before tax | -167 | 3,915 | -2,416 | 1,804 | -2,147 |
| Tax | -71 | -279 | -0 | -72 | -0 |
| Net profit | -96 | 4,194 | -2,416 | 1,876 | -2,147 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 113,949 | 113,784 | 69,951 | 70,748 | 62,845 |
| Equity | -14,488 | -14,739 | -14,452 | -10,427 | -15,210 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 119,195 | 123,557 | 70,776 | 69,969 | 69,660 |
| Total debt | 119,195 | 123,557 | 70,776 | 69,969 | 69,660 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
100.0 %
20212025
Equity ratio
-12.7 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Return on equity
—
20212025
Net profit margin (of gross profit)
-67.6 %
20212025
Asset turnover (of gross profit)
0.00×
20212025
Debt / equity
—
20212025
Sector performance
16 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
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 30% 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 ratioVery weak
Among the 20% 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.
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 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 ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioVery weak
Among the 10% 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 30% 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 debtVery strong
Among the 20% 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
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 debtStrong
Among the 40% highest rated companies in the 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.
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
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
CK Management | Management | 2016 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 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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Company hierarchy
Kiaer Properties ApS (this company)
Autofuel ApS50% ownedH.C. Petersen & Co.S Eftf. A/S66.67% ownedHCP Maskincenter DK A/S25% ownedHCP Maskincenter A/S100% ownedBoard network connections
Board members of Kiaer Properties ApS also hold positions in 6 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Christopher Kiær Thomsen | Management | 6 companiesMany roles |
Frequently asked questions
What is the CVR number of Kiaer Properties ApS?
Kiaer Properties ApS is registered with CVR / Virk under CVR 38000535.
What is the gross profit of Kiaer Properties ApS?
Kiaer Properties ApS reported a gross profit of DKK 142.0k in 2025.
Where is Kiaer Properties ApS headquartered?
Kiaer Properties ApS's registered address is Ansager Landevej 13.