LUND & LIPS ApS

APSDissolved

CVR 40093249Torstedalle 144, 8700 HorsensOther support activities for transportation· NACE 5226Est. 2018 · 7 years old— employees

Overview

LUND & LIPS ApS is a Danish APS based in Horsens, operating in the Other support activities for transportation sector. Incorporated in 2018, the company reported a gross profit of DKK 303.3k in its latest annual filing.

Gross profit 2023

303.3K DKK

−38% vs 2022

EBITDA margin (of gross profit)

100.0 %

−38% vs 2022

Net profit 2023

84K DKK

-28% vs 2022

Key ratios

See full ratios →

82.0 %

Very strong

Among the 20% highest rated companies in the industry

20192023

3.1×

Very strong

Among the 20% highest rated companies in the industry

20192023

9.2 %

Strong

Among the 40% highest rated companies in the industry

20192023

EBITDA — year on year

DKK thousands

Key figures

Annual report 2023

Gross profit	303.3K DKK	-38%
EBITDA	303.3K DKK	-38%
Net profit	84K DKK	-28%
Total assets	909.1K DKK	-20%
Equity	745.5K DKK	+13%
Employees	—	—

Financial development

In its most recent annual report (2023), LUND & LIPS ApS reported a gross profit of DKK 303.3k, a decrease of 38% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net profit of DKK 84.0k, and the EBITDA margin stood at 100%.

At the end of 2023, equity financed 82% of the balance sheet, and current assets covered short-term debt 3.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2023	2022	2021	2020	2019
Gross profit	303	487	417	480	154
Staff expenses	-0	-0	-0	-0	-0
EBITDA	303	487	417	480	154
Depreciation & amort.	-189	-312	-225	-134	-5
EBIT	115	175	192	346	149
Net financials	-7	-25	-21	-27	-1
Profit before tax	108	150	171	318	148
Tax	24	33	39	71	34
Net profit	84	117	133	248	114

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Balance sheet

DKK thousands

Item	2023	2022	2021	2020	2019
Total assets	909	1,142	1,576	1,410	1,141
Equity	745	661	545	412	164
Long-term debt	0	0	0	0	0
Short-term debt	48	352	914	908	943
Total debt	48	352	914	908	943

Financial ratios

5-year trend

EBITDA margin (of gross profit)

100.0 %

20192023

Equity ratio

82.0 %

Very strong

Among the 20% highest rated companies in the industry

20192023

Return on equity

11.3 %

Average

Around the average of companies in the same industry

20192023

Net profit margin (of gross profit)

27.7 %

20192023

Asset turnover (of gross profit)

0.33×

20192023

Debt / equity

0.22×

Very strong

Among the 10% highest rated companies in the industry

20192023

Sector performance

23 of 28 ratios graded

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

Profitability

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)Strong

Among the 40% 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)Average

Around the average of companies in the same 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 20% 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 ratioVery strong

Among the 20% highest 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 strong

Among the 20% highest 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.

Current assets to equityVery strong

Among the 10% highest 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 30% 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 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.

Debt & solvency

Solidity ratioVery strong

Among the 20% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 20% highest 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 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 40% 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 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

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 equityAverage

Around the average of companies in the same industry

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

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.

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 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
Annual report 2019
Filed via CVR / Virk · Period 2018-12-14 – 2019-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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

Frequently asked questions

What is the CVR number of LUND & LIPS ApS?

LUND & LIPS ApS is registered with CVR / Virk under CVR 40093249.

What is the gross profit of LUND & LIPS ApS?

LUND & LIPS ApS reported a gross profit of DKK 303.3k in 2023.

Where is LUND & LIPS ApS headquartered?

LUND & LIPS ApS's registered address is Torstedalle 144.