Odder Varmeværk Syd ApS

APSIn liquidation

CVR 41211636Persievej 5, 8300 OdderSteam and air conditioning supply· NACE 3530Est. 2020 · 6 years old— employees

Overview

Odder Varmeværk Syd ApS is a Danish APS based in Odder, operating in the Steam and air conditioning supply sector. Incorporated in 2020, the company reported revenue of DKK 9.0m in its latest annual filing.

Revenue 2021

9M DKK

−24% vs 2020

EBITDA margin

−12.8 %

−210% vs 2020

Net profit 2021

0M DKK

Key ratios

See full ratios →

0.6 %

Weak

Among the 30% lowest rated companies in the industry

20202021

1.1×

Average

Around the average of companies in the same industry

20202021

0.0 %

Average

Around the average of companies in the same industry

20202021

EBITDA — year on year

DKK thousands

Key figures

Annual report 2021

Revenue	9M DKK	-24%
EBITDA	-1.2M DKK	-210%
Net profit	0M DKK	—
Total assets	35.2M DKK	-6%
Equity	0.2M DKK	0%
Employees	—	—

Financial development

In its most recent annual report (2021), Odder Varmeværk Syd ApS reported revenue of DKK 9.0m, a decrease of 24% on the year before. The figures on this page draw on 2 annual filings covering 2020 to 2021. The bottom line showed a break-even result, and the EBITDA margin stood at -12.8%.

At the end of 2021, equity financed 0.6% of the balance sheet, and current assets covered short-term debt 1.1 times.

Financials

Revenue

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2021	2020
Revenue	9,032	11,949
Staff expenses	-0	-0
EBITDA	-1,154	1,052
Depreciation & amort.	-0	-0
EBIT	-1,154	1,052
Net financials	-539	-1,052
Profit before tax	190	0
Tax	190	-0
Net profit	0	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	2021	2020
Total assets	35,207	37,401
Equity	196	196
Long-term debt	25,313	28,579
Short-term debt	7,415	5,761
Total debt	32,728	34,340

Financial ratios

5-year trend

EBITDA margin

-12.8 %

20202021

Equity ratio

0.6 %

Weak

Among the 30% lowest rated companies in the industry

20202021

Return on equity

0.0 %

Average

Around the average of companies in the same industry

20202021

Net profit margin

0.0 %

Weak

Among the 40% lowest rated companies in the industry

20202021

Asset turnover

0.26×

Average

Around the average of companies in the same industry

20202021

Debt / equity

178.92×

Very weak

Among the 10% lowest rated companies in the industry

20202021

Sector performance

26 of 28 ratios graded

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

Profitability

Gross marginAverage

Around the average of companies in the same 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 marginVery weak

Among the 20% 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)Average

Around the average of companies in the same 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)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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 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 ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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

Debt & solvency

Solidity ratioWeak

Among the 30% 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 ratioWeak

Among the 40% 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 debtAverage

Around the average of companies in the same 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 coverageWeak

Among the 40% lowest 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

Asset turnoverAverage

Around the average of companies in the same industry

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

Equity to contributed capitalStrong

Among the 40% 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 debtStrong

Among the 40% highest rated companies in the industry

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

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 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-07-01 – 2020-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


JK Jørgen Krum Management	Management	2020 – 2022
JN John Nygaard Pedersen Management	Management	2020 – 2020

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
ODDER VARMEVÆRK A M B A	Company	100%	100%	2020
GYLLING-ØRTING-FALLING KRAFTVARMEVÆRK A.M.B.A.	Company	100%	100%	2020

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

Odder Varmeværk A M B A100%

Gylling-Ørting-Falling Kraftvarmeværk A.m.b.a.100%

Odder Varmeværk Syd ApS (this company)

Board network connections

Board members of Odder Varmeværk Syd ApS also hold positions in 5 other companies.

Person	Role here	Other companies
Jørgen Krum	Management	4 companies
John Nygaard Pedersen	Management	1 company

Frequently asked questions

What is the CVR number of Odder Varmeværk Syd ApS?

Odder Varmeværk Syd ApS is registered with CVR / Virk under CVR 41211636.

What is the revenue of Odder Varmeværk Syd ApS?

Odder Varmeværk Syd ApS reported revenue of DKK 9.0m in 2021.

Where is Odder Varmeværk Syd ApS headquartered?

Odder Varmeværk Syd ApS's registered address is Persievej 5.