Godt Bad ApS

APSBankruptAdvertising protection

CVR 39962543Tagensvej 110, 2200 København NMasonry and bricklaying activities· NACE 4391Est. 2018 · 7 years old3 employees

Overview

Godt Bad ApS is a Danish APS based in København N, operating in the Masonry and bricklaying activities sector. Incorporated in 2018, the company has 3 employees and reported revenue of DKK 7.8m in its latest annual filing.

Revenue 2024

7.8M DKK

0% vs 2023

EBITDA margin

0.8 %

+386% vs 2023

Net profit 2024

0M DKK

+202% vs 2023

Key ratios

See full ratios →

8.6 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

1.0×

Weak

Among the 30% lowest rated companies in the industry

20202024

2.5 %

Weak

Among the 40% lowest rated companies in the industry

20202024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Revenue	7.8M DKK	0%
EBITDA	0.1M DKK	+386%
Net profit	0M DKK	+202%
Total assets	1.6M DKK	+30%
Equity	0.1M DKK	+40%
Employees	3	—

Contact

Address

Tagensvej 110, 2200 København N

Advertising protection

Active — opted out of marketing use

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2024), Godt Bad ApS reported revenue of DKK 7.8m, broadly in line with the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of DKK 39.6k, and the EBITDA margin stood at 0.8%.

At the end of 2024, equity financed 8.6% of the balance sheet, and current assets covered short-term debt 1 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023	2022	2021	2020
Revenue	7,815	7,788	8,095	839	0
Staff expenses	-1,236	-1,476	-1,776	-260	-0
EBITDA	64	-22	25	167	0
Depreciation & amort.	-14	-14	-11	-11	-0
EBIT	50	-37	14	156	0
Net financials	-10	-2	-4	-53	0
Profit before tax	40	-39	9	103	0
Tax	0	-0	2	23	-0
Net profit	40	-39	7	80	0

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2024	2023	2022	2021	2020
Total assets	1,604	1,238	536	199	50
Equity	139	99	138	130	50
Long-term debt	0	0	2	23	0
Short-term debt	1,465	1,139	396	45	0
Total debt	1,465	1,139	398	68	0

Financial ratios

5-year trend

EBITDA margin

0.8 %

20202024

Equity ratio

8.6 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

Return on equity

28.6 %

Average

Around the average of companies in the same industry

20202024

Net profit margin

0.5 %

Weak

Among the 40% lowest rated companies in the industry

20202024

Asset turnover

4.87×

Very strong

Among the 20% highest rated companies in the industry

20202024

Debt / equity

10.57×

Very weak

Among the 10% lowest rated companies in the industry

20202024

Sector performance

28 of 28 ratios graded

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

Profitability

Gross marginWeak

Among the 30% lowest 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 marginWeak

Among the 30% lowest 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 marginWeak

Among the 40% lowest 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)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)Strong

Among the 40% 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)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.

Capacity ratioWeak

Among the 40% 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.

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 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 ratioWeak

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

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

Debt & solvency

Solidity ratioVery weak

Among the 20% 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 20% 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 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 40% 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

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverVery strong

Among the 20% highest rated companies in the industry

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.

Equity to contributed capitalWeak

Among the 40% 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 equityStrong

Among the 30% highest rated companies in the industry

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

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

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

Annual reports & filings

Annual report 2024
Filed via CVR / Virk · Period 2023-04-01 – 2024-03-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-04-01 – 2023-03-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-04-01 – 2022-03-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-04-01 – 2021-03-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2018-10-20 – 2020-03-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (5)


JH Jeppe Hansen Founder	Founder	2018 – 2026
MD Magnus Due Jensen Chief Executive Officer	Chief Executive Officer	2020 – 2025
SG Steffen Gorm Jensen Founder	Founder	2018 – 2026
FS Flemming Skovgaard Olsen Founder	Founder	2018 – 2026
CJ Christian Jensen Chief Executive Officer	Chief Executive Officer	2018 – 2020

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Jeppe Hansen	Individual	25–33.32%	25–33.32%	2018
Magnus Due Jensen	Individual	100%	100%	2020
Steffen Gorm Jensen	Individual	33.33–49.99%	33.33–49.99%	2018
Flemming Skovgaard Olsen	Individual	10–14.99%	10–14.99%	2018
Christian Jensen	Individual	25–33.32%	25–33.32%	2018

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Godt Bad ApS also hold positions in 7 other companies.

Person	Role here	Other companies
Flemming Skovgaard Olsen	Founder	3 companies
Christian Jensen	Chief Executive Officer	2 companies
Magnus Due Jensen	Chief Executive Officer	1 company
Steffen Gorm Jensen	Founder	1 company

Frequently asked questions

What is the CVR number of Godt Bad ApS?

Godt Bad ApS is registered with CVR / Virk under CVR 39962543.

What is the revenue of Godt Bad ApS?

Godt Bad ApS reported revenue of DKK 7.8m in 2024.

How many employees does Godt Bad ApS have?

Godt Bad ApS employs 3 people as of the latest annual report.

Where is Godt Bad ApS headquartered?

Godt Bad ApS's registered address is Tagensvej 110, 1. th.