GEAbetes ApS is a Danish APS based in Struer, operating in the Manufacture of irradiation, electromedical and electrotherapeutic equipment sector. Incorporated in 2019, the company has 1 employee and reported a gross profit of DKK 378.3k in its latest annual filing.
| Gross profit | 0.4M DKK | -23% |
| EBITDA | -0.3M DKK | +34% |
| Net profit | -0.1M DKK | -62% |
| Total assets | 6.7M DKK | +6% |
| Equity | -0.3M DKK | -795% |
| Employees | 1 | — |
In its most recent annual report (2025), GEAbetes ApS reported a gross profit of DKK 378.3k, a decrease of 23% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 124.9k, and the EBITDA margin stood at -78.2%.
At the end of 2025, current assets covered short-term debt 3.5 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 378 | 489 | 1,183 | 1,061 | 1,154 |
| Staff expenses | -674 | -940 | -1,357 | -1,195 | -1,320 |
| EBITDA | -296 | -451 | -174 | -134 | -166 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -296 | -451 | -174 | -134 | -166 |
| Net financials | -5 | -3 | 0 | -3 | -3 |
| Profit before tax | -301 | -454 | -174 | -137 | -169 |
| Tax | -176 | -377 | 100 | -98 | -17 |
| Net profit | -125 | -77 | -274 | -39 | -151 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 6,747 | 6,387 | 5,863 | 4,228 | 3,044 |
| Equity | -272 | -30 | -83 | 191 | 230 |
| Long-term debt | 6,266 | 5,746 | 5,032 | 2,733 | 0 |
| Short-term debt | 81 | 57 | 188 | 710 | 2,407 |
| Total debt | 6,347 | 5,803 | 5,220 | 3,443 | 2,407 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 flow relative to profit — the ability to convert reported profits into accessible cash.
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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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 relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
OK Management | Management | 2019 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
OK Board of Directors | Board of Directors | 2019 |
TE Board of Directors | Board of Directors | 2023 |
HH Board of Directors | Board of Directors | 2019 |
PV Board of Directors | Board of Directors | 2019 |
KG Board of Directors | Board of Directors | 2023 – 2023 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 15–19.99% | 15–19.99% | 2021 | |
| Company | 15–19.99% | 15–19.99% | 2021 | |
| Company | 15–19.99% | 15–19.99% | 2021 | |
| Company | 15–19.99% | 15–19.99% | 2021 | |
Echoendoplus srl | Company | 15–19.99% | 15–19.99% | 2021 |
| Company | 15–19.99% | 15–19.99% | 2021 |
| Person | Role here | Other companies |
|---|---|---|
| Henrik Harboe | Board of Directors | 15 companiesMany roles |
| Kenneth Glarbo Andersen | Board of Directors | 9 companiesMany roles |
| Thomas Elmbæk Knudsen | Board of Directors | 8 companiesMany roles |
| Ole Kjeldsen | Management | 5 companies |
| Peter Vilmann | Board of Directors | 2 companies |