Bidstruplund ApS

APSIn liquidation

CVR 38201670Landlystparken 9, 7700 ThistedOther financial service activities, except insurance and pension funding n.e.c.· NACE 6499Est. 2016 · 9 years old— employees

Overview

Bidstruplund ApS is a Danish APS based in Thisted, operating in the Other financial service activities, except insurance and pension funding n.e.c. sector. Incorporated in 2016, the company reported a gross profit of DKK 81.0k in its latest annual filing.

Gross profit 2020

81K DKK

−6% vs 2019

EBITDA margin (of gross profit)

100.0 %

−6% vs 2019

Net profit 2020

33.6K DKK

+1693% vs 2019

Key ratios

See full ratios →

58.9 %

Weak

Among the 30% lowest rated companies in the industry

20172020

2.4×

Average

Around the average of companies in the same industry

20172020

50.0 %

Very strong

Among the 10% highest rated companies in the industry

20172020

EBITDA — year on year

DKK thousands

Key figures

Annual report 2020

Gross profit	81K DKK	-6%
EBITDA	81K DKK	-6%
Net profit	33.6K DKK	+1693%
Total assets	67.3K DKK	-96%
Equity	39.6K DKK	+559%
Employees	—	—

Financial development

In its most recent annual report (2020), Bidstruplund ApS reported a gross profit of DKK 81.0k, a decrease of 6% on the year before. The figures on this page draw on 4 annual filings covering 2017 to 2020. The bottom line showed a net profit of DKK 33.6k, and the EBITDA margin stood at 100%.

At the end of 2020, equity financed 58.9% of the balance sheet, and current assets covered short-term debt 2.4 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2020	2019	2018	2017
Gross profit	81	86	48	18
Staff expenses	-0	-0	-0	-0
EBITDA	81	86	48	18
Depreciation & amort.	-0	-45	-42	-17
EBIT	81	42	6	1
Net financials	-39	-29	-42	-21
Profit before tax	42	13	-36	-19
Tax	9	11	-9	-1
Net profit	34	2	-27	-19

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Balance sheet

DKK thousands

Item	2020	2019	2018	2017
Total assets	67	1,655	1,671	1,652
Equity	40	6	4	31
Long-term debt	0	1,282	1,614	1,608
Short-term debt	28	365	53	13
Total debt	28	1,647	1,667	1,621

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20172020

Equity ratio

58.9 %

Weak

Among the 30% lowest rated companies in the industry

20172020

Return on equity

84.8 %

Very strong

Among the 10% highest rated companies in the industry

20172020

Net profit margin (of gross profit)

41.5 %

20172020

Asset turnover (of gross profit)

1.20×

20172020

Debt / equity

0.70×

Weak

Among the 30% lowest rated companies in the industry

20172020

Sector performance

22 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 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 ratioStrong

Among the 40% highest 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 10% 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 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 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 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 equityWeak

Among the 30% 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 debtStrong

Among the 40% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

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

Interest rate on debtAverage

Around the average of companies in the same industry

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

Interest marginStrong

Among the 40% highest 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 weak

Among the 20% 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 equityVery strong

Among the 10% highest rated companies in the industry

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

One-year change in debtVery strong

Among the 10% 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.

Annual reports & filings

Annual report 2020
Filed via CVR / Virk · Period 2019-07-01 – 2020-06-30
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-07-01 – 2019-06-30
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-07-01 – 2018-06-30
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-11-18 – 2017-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


JM Jacob Morten Schousgaard Liquidator	Liquidator	2020 – 2021
FH Flemming Hansen Lund Management	Management	2016 – 2020
JB Jens Bidstrup Management	Management	2016 – 2020