Here Be Dragons IVS
IVSBankruptAdvertising protectionCVR 39253992Husumgade 32, 2200 København NPublishing of video games· NACE 5821Est. 2018 · 8 years old1 employees
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Overview
Here Be Dragons IVS is a Danish IVS based in København N, operating in the Publishing of video games sector. Incorporated in 2018, the company has 1 employee and reported revenue of DKK 126.1k in its latest annual filing.
Revenue 2019
126.1K DKK
−63% vs 2018
EBITDA margin
6.3 %
+198% vs 2018
Net profit 2019
7.6K DKK
+193% vs 2018
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-15.3 %
WeakAmong the 30% lowest rated companies in the industry
20182019
Liquidity ratioCurrent assets ÷ Short-term debt
0.9×
WeakAmong the 40% lowest rated companies in the industry
20182019
Return on assets (ROA)Net profit ÷ Total assets × 100
262.4 %
Very strongAmong the 10% highest rated companies in the industry
20182019
EBITDA — year on year
DKKKey figures
Annual report 2019| Revenue | 126.1K DKK | -63% |
| EBITDA | 8K DKK | +198% |
| Net profit | 7.6K DKK | +193% |
| Total assets | 2.9K DKK | -91% |
| Equity | -0.4K DKK | +94% |
| Employees | 1 | — |
Company information
Legal name
Here Be Dragons IVS
CVR number
39253992
Legal form
Iværksætterselskab
NACE code
5821 · Publishing of video games
Founded
17 January 2018 · 8 years
Share capital
DKK 100
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af en likvidator
Contact
Address
Husumgade 32, 2200 København N
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2019), Here Be Dragons IVS reported revenue of DKK 126.1k, a decrease of 63% on the year before. The figures on this page draw on 2 annual filings covering 2018 to 2019. The bottom line showed a net profit of DKK 7.6k, and the EBITDA margin stood at 6.3%.
At the end of 2019, current assets covered short-term debt 0.9 times.
Financials
Revenue
DKK thousandsEBITDA
DKKIncome statement
DKK thousands| Item | 2019 | 2018 |
|---|---|---|
| Revenue | 126 | 337 |
| Staff expenses | -31 | -258 |
| EBITDA | 8 | -8 |
| Depreciation & amort. | -0 | -0 |
| EBIT | 8 | -8 |
| Net financials | -0 | -0 |
| Profit before tax | 8 | -8 |
| Tax | 0 | -0 |
| Net profit | 8 | -8 |
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Balance sheet
DKK thousands| Item | 2019 | 2018 |
|---|---|---|
| Total assets | 3 | 32 |
| Equity | -0 | -8 |
| Long-term debt | 0 | 0 |
| Short-term debt | 3 | 40 |
| Total debt | 3 | 40 |
Financial ratios
5-year trendEBITDA margin
6.3 %
20182019
Equity ratio
-15.3 %
WeakAmong the 30% lowest rated companies in the industry
20182019
Return on equity
—
20182019
Net profit margin
6.1 %
StrongAmong the 40% highest rated companies in the industry
20182019
Asset turnover
43.26×
Very strongAmong the 10% highest rated companies in the industry
20182019
Debt / equity
—
20182019
Sector performance
20 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same 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 marginStrong
Among the 40% highest 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 marginStrong
Among the 40% highest 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)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.
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.
Capacity ratioStrong
Among the 30% highest 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 ratioWeak
Among the 40% 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 ratioWeak
Among the 40% 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 ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioAverage
Around the average of companies in the same 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 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.
Income to debtVery strong
Among the 10% 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 coverageStrong
Among the 30% 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 marginVery strong
Among the 10% 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.
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.
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 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.
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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (2)
JH Management | Management | 2018 – 2021 |
NW Liquidator | Liquidator | 2021 – 2021 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 100% | 100% | 2018 | |
| Company | 100% | 100% | 2018 |
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Related companies
Company hierarchy
by Proxy Holding IVS
Here Be Dragons IVS Board network connections
Board members of Here Be Dragons IVS also hold positions in 1 other company.
| Person | Role here | Other companies |
|---|---|---|
| Jeppe Herlev Nielsen | Management | 1 company |
Frequently asked questions
What is the CVR number of Here Be Dragons IVS?
Here Be Dragons IVS is registered with CVR / Virk under CVR 39253992.
What is the revenue of Here Be Dragons IVS?
Here Be Dragons IVS reported revenue of DKK 126.1k in 2019.
How many employees does Here Be Dragons IVS have?
Here Be Dragons IVS employs 1 people as of the latest annual report.
Where is Here Be Dragons IVS headquartered?
Here Be Dragons IVS's registered address is Husumgade 32, 3. th.