HO Revision ApS
APSBankruptCVR 39280132Østergade 9, 6240 LøgumklosterAccounting, bookkeeping and auditing activities; tax consultancy· NACE 6920Est. 2018 · 8 years old1 employees
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Overview
HO Revision ApS is a Danish APS based in Løgumkloster, operating in the Accounting, bookkeeping and auditing activities; tax consultancy sector. Incorporated in 2018, the company has 1 employee and reported revenue of DKK 659.0k in its latest annual filing.
Revenue 2022
0.7M DKK
−16% vs 2021
EBITDA margin
54.8 %
+95% vs 2021
Net profit 2022
0.3M DKK
+96% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
17.6 %
WeakAmong the 30% lowest rated companies in the industry
20182022
Liquidity ratioCurrent assets ÷ Short-term debt
1.1×
WeakAmong the 30% lowest rated companies in the industry
20182022
Return on assets (ROA)Net profit ÷ Total assets × 100
7.0 %
AverageAround the average of companies in the same industry
20182022
EBITDA — year on year
DKK thousandsKey figures
Annual report 2022| Revenue | 0.7M DKK | -16% |
| EBITDA | 0.4M DKK | +95% |
| Net profit | 0.3M DKK | +96% |
| Total assets | 4M DKK | +15% |
| Equity | 0.7M DKK | +66% |
| Employees | 1 | — |
Company information
Legal name
HO Revision ApS
CVR number
39280132
Legal form
Anpartsselskab
NACE code
Founded
25 January 2018 · 8 years
Share capital
DKK 40,000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af en likvidator
Address
Østergade 9, 6240 Løgumkloster
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Financial development
In its most recent annual report (2022), HO Revision ApS reported revenue of DKK 659.0k, a decrease of 16% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of DKK 281.8k, and the EBITDA margin stood at 54.8%.
At the end of 2022, equity financed 17.6% of the balance sheet, and current assets covered short-term debt 1.1 times.
Financials
Revenue
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 659 | 782 | 767 | 2,577 | 320 |
| Staff expenses | -148 | -439 | -365 | -1,035 | -157 |
| EBITDA | 361 | 185 | 255 | 18 | 49 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 361 | 185 | 255 | 18 | 49 |
| Net financials | 0 | -1 | -5 | -5 | 0 |
| Profit before tax | 361 | 185 | 250 | 14 | 49 |
| Tax | 79 | 41 | 70 | -0 | -0 |
| Net profit | 282 | 144 | 180 | 14 | 49 |
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Balance sheet
DKK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Total assets | 4,030 | 3,494 | 2,582 | 1,478 | 391 |
| Equity | 708 | 427 | 283 | 63 | 49 |
| Long-term debt | 0 | 0 | 0 | -57 | -6 |
| Short-term debt | 3,321 | 3,067 | 2,299 | 1,472 | 348 |
| Total debt | 3,321 | 3,067 | 2,299 | 1,415 | 342 |
Financial ratios
5-year trendEBITDA margin
54.8 %
20182022
Equity ratio
17.6 %
WeakAmong the 30% lowest rated companies in the industry
20182022
Return on equity
39.8 %
StrongAmong the 30% highest rated companies in the industry
20182022
Net profit margin
42.8 %
StrongAmong the 30% highest rated companies in the industry
20182022
Asset turnover
0.16×
AverageAround the average of companies in the same industry
20182022
Debt / equity
4.69×
Very weakAmong the 10% lowest rated companies in the industry
20182022
Sector performance
26 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 marginVery strong
Among the 20% 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 30% 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 equity (ROE)Strong
Among the 30% 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)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Strong
Among the 30% 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)Strong
Among the 40% 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 ratioVery strong
Among the 10% 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.
Liquidity
Current ratioWeak
Among the 30% 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 30% 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 20% 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 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 capitalWeak
Among the 40% 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 10% 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 10% 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 debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% 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.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalStrong
Among the 30% highest 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 20% 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.
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 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-25 – 2018-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (5)
KJ Management | Management | 2018 – 2019 |
TJ Management | Management | 2019 – 2024 |
NC | Founder | 2018 – 2025 |
MS Management | Management | 2018 – 2018 |
OF Management | Management | 2018 – 2018 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 100% | 100% | 2021 | |
| Individual | 100% | 100% | 2018 |
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
HO Revision ApS 
Ray's salon ApSBoard network connections
Board members of HO Revision ApS also hold positions in 5 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Niels Christian Corneliussen Ohlsen | Founder | 3 companies |
| Tina Jeanette Korsgaard | Management | 2 companies |
Frequently asked questions
What is the CVR number of HO Revision ApS?
HO Revision ApS is registered with CVR / Virk under CVR 39280132.
What is the revenue of HO Revision ApS?
HO Revision ApS reported revenue of DKK 659.0k in 2022.
How many employees does HO Revision ApS have?
HO Revision ApS employs 1 people as of the latest annual report.
Where is HO Revision ApS headquartered?
HO Revision ApS's registered address is Østergade 9.