T-24 ApS is a Danish APS based in Kolding, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2019, the company reported a gross profit of DKK 1.3m in its latest annual filing.
| Gross profit | 1.3M DKK | +5% |
| EBITDA | 1.3M DKK | +5% |
| Net profit | 0.3M DKK | +24% |
| Total assets | 27M DKK | +5% |
| Equity | -0.3M DKK | +49% |
| Employees | — | — |
In its most recent annual report (2025), T-24 ApS reported a gross profit of DKK 1.3m, an increase of 5% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 312.1k, and the EBITDA margin stood at 100%.
At the end of 2025, current assets covered short-term debt 0.2 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 1,281 | 1,221 | 1,322 | 1,316 | -438 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 1,281 | 1,221 | 1,322 | 1,316 | -438 |
| Depreciation & amort. | -252 | -252 | -252 | -252 | -94 |
| EBIT | 1,030 | 969 | 1,070 | 1,065 | -533 |
| Net financials | -629 | -646 | -663 | -242 | -863 |
| Profit before tax | 400 | 323 | 407 | 823 | -1,396 |
| Tax | 88 | 71 | 90 | 181 | -307 |
| Net profit | 312 | 252 | 318 | 642 | -1,089 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 27,026 | 25,730 | 24,790 | 23,626 | 22,961 |
| Equity | -326 | -638 | -890 | -1,207 | -1,850 |
| Long-term debt | 0 | 0 | 309 | 301 | 301 |
| Short-term debt | 27,352 | 26,368 | 25,371 | 24,532 | 24,510 |
| Total debt | 27,352 | 26,368 | 25,680 | 24,833 | 24,811 |
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.
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.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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.
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.
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 (2) | ||
BM Management | Management | 2021 |
SB Chief Executive Officer | Chief Executive Officer | 2026 |
PA Management | Management | 2019 – 2021 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
BM Chairman | Chairman | 2026 |
SB Board of Directors | Board of Directors | 2026 |
PC Chairman | Chairman | 2021 – 2024 |
PA Board of Directors | Board of Directors | 2019 – 2021 |
OP Chairman | Chairman | 2019 – 2021 |
HC Chairman | Chairman | 2024 – 2026 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2021 | |
| Company | 50–66.65% | 50–66.65% | 2019 | |
| Company | 50–66.65% | 50–66.65% | 2019 |
| Person | Role here | Other companies |
|---|---|---|
| Henrik Clausen | Chairman | 11 companiesMany roles |
| Bo Michaelsen | Management | 8 companiesMany roles |
| Peter Aalbæk | Management | 6 companiesMany roles |
| Ole Peter Nielsen | Chairman | 5 companies |
| Stefan Bay Lauridsen | Chief Executive Officer | 4 companies |
| Poul Christian Davidsen | Chairman | 4 companies |