1420 ApS

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CVR 39367815Griffenfeldsgade 20, 2200 København NRestauranter· NACE 561010Est. 2018 · 8 years old— employees

Overview

1420 ApS is a Danish APS based in København N, operating in the Restauranter sector. Incorporated in 2018, the company reported a gross profit of DKK 609.0k in its latest annual filing.

Gross profit 2019

609K DKK

+218% vs 2018

EBITDA margin (of gross profit)

80.0 %

+367% vs 2018

Net profit 2019

309K DKK

+268% vs 2018

Key ratios

See full ratios →

21.9 %

Average

Around the average of companies in the same industry

20182019

0.5×

Weak

Among the 40% lowest rated companies in the industry

20182019

38.6 %

Very strong

Among the 10% highest rated companies in the industry

20182019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	609K DKK	+218%
EBITDA	487.4K DKK	+367%
Net profit	309K DKK	+268%
Total assets	800.3K DKK	+71%
Equity	175.5K DKK	+231%
Employees	—	—

Contact

Address

Griffenfeldsgade 20, 2200 København N

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Financial development

In its most recent annual report (2019), 1420 ApS reported a gross profit of DKK 609.0k, an increase of 218% 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 309.0k, and the EBITDA margin stood at 80%.

At the end of 2019, equity financed 21.9% of the balance sheet, and current assets covered short-term debt 0.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018
Gross profit	609	191
Staff expenses	-122	-374
EBITDA	487	-183
Depreciation & amort.	-77	-52
EBIT	410	-235
Net financials	-8	-0
Profit before tax	402	-235
Tax	93	-51
Net profit	309	-183

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Balance sheet

DKK thousands

Item	2019	2018
Total assets	800	467
Equity	176	-133
Long-term debt	0	0
Short-term debt	622	592
Total debt	622	592

Financial ratios

5-year trend

EBITDA margin (of gross profit)

80.0 %

20182019

Equity ratio

21.9 %

Average

Around the average of companies in the same industry

20182019

Return on equity

176.1 %

Very strong

Among the 10% highest rated companies in the industry

20182019

Net profit margin (of gross profit)

50.7 %

20182019

Asset turnover (of gross profit)

0.76×

20182019

Debt / equity

3.56×

Weak

Among the 30% lowest rated companies in the industry

20182019

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.

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.

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.

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 ratioVery weak

Among the 20% 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 ratioWeak

Among the 40% 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 equityWeak

Among the 40% 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 weak

Among the 20% 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 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same 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 equityWeak

Among the 30% 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 debtVery strong

Among the 20% 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 20% 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 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.

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 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.

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 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-02-21 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


GS Gunvor Sundgaard Happe Liquidator	Liquidator	2021 – 2021
DV Dennis Vansant Management	Management	2018 – 2021
MN Merrill Neil Rubin Management	Management	2020 – 2021

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Dennis Vansant	Individual	50–66.65%	50–66.65%	2020
Merrill Neil Rubin	Individual	50–66.65%	50–66.65%	2020

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of 1420 ApS also hold positions in 41 other companies.

Person	Role here	Other companies
Gunvor Sundgaard Happe	Liquidator	40 companiesMany roles
Merrill Neil Rubin	Management	1 company

Frequently asked questions

What is the CVR number of 1420 ApS?

1420 ApS is registered with CVR / Virk under CVR 39367815.

What is the gross profit of 1420 ApS?

1420 ApS reported a gross profit of DKK 609.0k in 2019.

Where is 1420 ApS headquartered?

1420 ApS's registered address is Griffenfeldsgade 20, kl..