Karol Byg ApS

APSActive

CVR 38833057Horsensvej 14, 8653 ThemMasonry and bricklaying activities· NACE 4391Est. 2017 · 9 years old— employees

Overview

Karol Byg ApS is a Danish APS based in Them, operating in the Masonry and bricklaying activities sector. Incorporated in 2017, the company reported a gross profit of DKK 38.7k in its latest annual filing.

Gross profit 2025

0M DKK

−48% vs 2024

EBITDA margin (of gross profit)

100.0 %

−48% vs 2024

Net profit 2025

0M DKK

-54% vs 2024

Key ratios

See full ratios →

16.9 %

Weak

Among the 30% lowest rated companies in the industry

20212025

0.0×

Very weak

Among the 10% lowest rated companies in the industry

20212025

2.5 %

Weak

Among the 40% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	0M DKK	-48%
EBITDA	0M DKK	-48%
Net profit	0M DKK	-54%
Total assets	1M DKK	0%
Equity	0.2M DKK	+17%
Employees	—	—

Financial development

In its most recent annual report (2025), Karol Byg ApS reported a gross profit of DKK 38.7k, a decrease of 48% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 25.7k, and the EBITDA margin stood at 100%.

At the end of 2025, equity financed 16.9% of the balance sheet, and current assets covered short-term debt 0 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	39	74	69	76	31
Staff expenses	-0	-0	-0	-0	-0
EBITDA	39	74	69	76	31
Depreciation & amort.	-0	-0	-0	-23	-23
EBIT	39	74	69	53	8
Net financials	-4	-2	-41	-9	-11
Profit before tax	34	72	29	44	-3
Tax	9	16	6	15	4
Net profit	26	56	22	29	-7

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	1,024	1,024	1,024	1,047	1,069
Equity	173	147	91	69	39
Long-term debt	16	16	16	16	0
Short-term debt	835	860	916	962	1,030
Total debt	851	877	933	978	1,030

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20212025

Equity ratio

16.9 %

Weak

Among the 30% lowest rated companies in the industry

20212025

Return on equity

14.9 %

Average

Around the average of companies in the same industry

20212025

Net profit margin (of gross profit)

66.4 %

20212025

Asset turnover (of gross profit)

0.04×

20212025

Debt / equity

4.93×

Very weak

Among the 20% lowest rated companies in the industry

20212025

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)Average

Around the average of companies in the same 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)Average

Around the average of companies in the same 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)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.

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 10% 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 10% 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 equityVery strong

Among the 10% 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 40% 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 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 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 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 marginAverage

Around the average of companies in the same 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 capitalAverage

Around the average of companies in the same industry

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

One-year change in equityStrong

Among the 40% highest rated companies in the 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 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
KM Karol Malek Founder	Founder	2017
KM Karol Malek Management	Management	2024

Former (1)


OT Ole Thiel Liquidator	Liquidator	2024 – 2024

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Karol Malek	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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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Karol Byg ApS also hold positions in 11 other companies.

Person	Role here	Other companies
Ole Thiel	Liquidator	11 companiesMany roles

Frequently asked questions

What is the CVR number of Karol Byg ApS?

Karol Byg ApS is registered with CVR / Virk under CVR 38833057.

What is the gross profit of Karol Byg ApS?

Karol Byg ApS reported a gross profit of DKK 38.7k in 2025.

Where is Karol Byg ApS headquartered?

Karol Byg ApS's registered address is Horsensvej 14.