AhornByg ApS

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CVR 41893621Maglebjergvej 6, 2800 Kongens LyngbyJoinery installation· NACE 4332Est. 2020 · 5 years old1 employees

Overview

AhornByg ApS is a Danish APS based in Kongens Lyngby, operating in the Joinery installation sector. Incorporated in 2020, the company has 1 employee and reported a gross profit of DKK 112.6k in its latest annual filing.

Gross profit 2023

112.6K DKK

−73% vs 2022

EBITDA margin (of gross profit)

−382.2 %

−576% vs 2022

Net profit 2023

-479.9K DKK

-1611% vs 2022

Key ratios

See full ratios →

-128.4 %

Very weak

Among the 10% lowest rated companies in the industry

20212023

0.5×

Very weak

Among the 20% lowest rated companies in the industry

20212023

-166.8 %

Very weak

Among the 10% lowest rated companies in the industry

20212023

EBITDA — year on year

DKK thousands

Key figures

Annual report 2023

Gross profit	112.6K DKK	-73%
EBITDA	-430.5K DKK	-576%
Net profit	-479.9K DKK	-1611%
Total assets	287.7K DKK	-58%
Equity	-369.3K DKK	-434%
Employees	1	—

Contact

Address

Maglebjergvej 6, 2800 Kongens Lyngby

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Financial development

In its most recent annual report (2023), AhornByg ApS reported a gross profit of DKK 112.6k, a decrease of 73% on the year before. The figures on this page draw on 3 annual filings covering 2021 to 2023. The bottom line showed a net loss of DKK 479.9k, and the EBITDA margin stood at -382.2%.

At the end of 2023, current assets covered short-term debt 0.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2023	2022	2021
Gross profit	113	423	125
Staff expenses	-543	-333	-45
EBITDA	-430	91	80
Depreciation & amort.	-40	-40	-30
EBIT	-470	51	50
Net financials	-10	-1	0
Profit before tax	-481	50	50
Tax	-1	18	12
Net profit	-480	32	39

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Balance sheet

DKK thousands

Item	2023	2022	2021
Total assets	288	686	140
Equity	-369	111	79
Long-term debt	156	322	21
Short-term debt	501	253	40
Total debt	657	575	62

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-382.2 %

20212023

Equity ratio

-128.4 %

Very weak

Among the 10% lowest rated companies in the industry

20212023

Return on equity

—

20212023

Net profit margin (of gross profit)

-426.0 %

20212023

Asset turnover (of gross profit)

0.39×

20212023

Debt / equity

—

20212023

Sector performance

17 of 28 ratios graded

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

Profitability

Return on assets (ROA)Very weak

Among the 10% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Very weak

Among the 10% 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 ratioVery weak

Among the 10% 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.

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.

Return on equity (ROE)Not rated

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

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

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

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioVery weak

Among the 20% 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 20% 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.

Cash conversion ratioWeak

Among the 30% lowest rated companies in the industry

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

Current assets to equityNot rated

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

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 capitalNot rated

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

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.

Debt & solvency

Solidity ratioVery weak

Among the 10% 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 10% 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.

Income to debtVery weak

Among the 10% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 10% 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 marginVery weak

Among the 10% lowest rated companies in the 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.

Debt to equityNot rated

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

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

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

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Equity to contributed capitalVery weak

Among the 10% 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 equityVery weak

Among the 10% lowest 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 40% lowest 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 2020-11-25 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


HM Henrik Mortensen Management	Management	2020 – 2021
MB Mac Bas Skovgaard Management	Management	2021 – 2024
HS Henrik Selchau Poulsen Liquidator	Liquidator	2025 – 2025

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Henrik Mortensen	Individual	100%	100%	2020
Mac Bas Skovgaard	Individual	100%	100%	2021

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

Board network connections

Board members of AhornByg ApS also hold positions in 63 other companies.

Person	Role here	Other companies
Henrik Selchau Poulsen	Liquidator	54 companiesMany roles
Henrik Mortensen	Management	8 companiesMany roles
Mac Bas Skovgaard	Management	1 company

Frequently asked questions

What is the CVR number of AhornByg ApS?

AhornByg ApS is registered with CVR / Virk under CVR 41893621.

What is the gross profit of AhornByg ApS?

AhornByg ApS reported a gross profit of DKK 112.6k in 2023.

How many employees does AhornByg ApS have?

AhornByg ApS employs 1 people as of the latest annual report.

Where is AhornByg ApS headquartered?

AhornByg ApS's registered address is Maglebjergvej 6.