Think Sugar ApS

Q: What is the CVR number of Think Sugar ApS?

Think Sugar ApS is registered with CVR / Virk under CVR 39895064.

Q: What is the gross profit of Think Sugar ApS?

Think Sugar ApS reported a gross profit of -DKK 478.3k in 2024.

Q: How many employees does Think Sugar ApS have?

Think Sugar ApS employs 1 people as of the latest annual report.

Q: Where is Think Sugar ApS headquartered?

Think Sugar ApS's registered address is Toftegårds Allé 34.

APSBankrupt

CVR 39895064Toftegårds Allé 34, 2500 ValbyActivities of holding companies· NACE 6421Est. 2018 · 8 years old1 employees

Overview

Think Sugar ApS is a Danish APS based in Valby, operating in the Activities of holding companies sector. Incorporated in 2018, the company has 1 employee and reported a gross profit of -DKK 478.3k in its latest annual filing.

Gross profit 2024

-478.3K DKK

−197% vs 2023

EBITDA margin (of gross profit)

180.9 %

−760% vs 2023

Net profit 2024

-786.2K DKK

-1081% vs 2023

Key ratios

See full ratios →

-239.1 %

Very weak

Among the 10% lowest rated companies in the industry

20202024

0.3×

Weak

Among the 30% lowest rated companies in the industry

20202024

-309.4 %

Very weak

Among the 10% lowest rated companies in the industry

20202024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Gross profit	-478.3K DKK	-197%
EBITDA	-865K DKK	-760%
Net profit	-786.2K DKK	-1081%
Total assets	254.1K DKK	-50%
Equity	-607.7K DKK	-440%
Employees	1	—

Financial development

In its most recent annual report (2024), Think Sugar ApS reported a gross profit of -DKK 478.3k, a decrease of 197% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of DKK 786.2k.

At the end of 2024, current assets covered short-term debt 0.3 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023	2022	2021	2020
Gross profit	-478	491	218	392	282
Staff expenses	-387	-360	-306	-316	-262
EBITDA	-865	131	-88	76	20
Depreciation & amort.	-0	-19	-9	-9	-9
EBIT	-865	112	-97	67	11
Net financials	-128	-11	-11	-2	-2
Profit before tax	-993	100	-108	66	9
Tax	-207	20	-21	9	3
Net profit	-786	80	-87	57	6

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Balance sheet

DKK thousands

Item	2024	2023	2022	2021	2020
Total assets	254	504	319	278	257
Equity	-608	179	98	185	129
Long-term debt	0	0	0	0	0
Short-term debt	860	325	220	90	126
Total debt	860	325	220	90	126

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20202024

Equity ratio

-239.1 %

Very weak

Among the 10% lowest rated companies in the industry

20202024

Return on equity

—

20202024

Net profit margin (of gross profit)

<−999 %

20202024

Asset turnover (of gross profit)

-1.88×

20202024

Debt / equity

—

20202024

Sector performance

17 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on assets (ROA)Very weak

Among the 10% lowest 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 weak

Among the 10% lowest 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 weak

Among the 20% lowest 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.

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 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 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 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.

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 ratioVery weak

Among the 10% 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 ratioVery weak

Among the 10% 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 weak

Among the 20% lowest rated companies in the industry

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

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest coverageWeak

Among the 30% lowest rated companies in the industry

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

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest marginVery weak

Among the 10% lowest 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

Equity to contributed capitalVery weak

Among the 10% 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 weak

Among the 10% lowest rated companies in the industry

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

One-year change in debtVery weak

Among the 20% lowest 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 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


SJ Saif Jaseem Chief Executive Officer	Chief Executive Officer	2023 – 2025
SH Saddiqa Haidar Kazem Chief Executive Officer	Chief Executive Officer	2022 – 2023
AT Athar Talib Abid Al-Swaily Chief Executive Officer	Chief Executive Officer	2021 – 2022

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Saif Jaseem	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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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Think Sugar ApS hold no positions in other companies.

Frequently asked questions

What is the CVR number of Think Sugar ApS?

Think Sugar ApS is registered with CVR / Virk under CVR 39895064.

What is the gross profit of Think Sugar ApS?

Think Sugar ApS reported a gross profit of -DKK 478.3k in 2024.

How many employees does Think Sugar ApS have?

Think Sugar ApS employs 1 people as of the latest annual report.

Where is Think Sugar ApS headquartered?

Think Sugar ApS's registered address is Toftegårds Allé 34.