Trade Radiators DK ApS
APSDissolvedAdvertising protectionCVR 42026352Gammel Kongevej 60, 1850 Frederiksberg CDetailhandel med andre varer i.a.n.· NACE 477890Est. 2021 · 5 years old— employees
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Overview
Trade Radiators DK ApS is a Danish APS based in Frederiksberg C, operating in the Detailhandel med andre varer i.a.n. sector. Incorporated in 2021, the company reported a gross profit of -DKK 96.2k in its latest annual filing.
Gross profit 2022
-96.2K DKK
EBITDA margin (of gross profit)
172.8 %
Net profit 2022
-166.2K DKK
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
<−999 %
20222022
Liquidity ratioCurrent assets ÷ Short-term debt
0.0×
Very weakAmong the 10% lowest rated companies in the industry
20222022
Return on assets (ROA)Net profit ÷ Total assets × 100
<−999 %
20222022
EBITDA — year on year
DKK thousandsKey figures
Annual report 2022| Gross profit | -96.2K DKK | — |
| EBITDA | -166.2K DKK | — |
| Net profit | -166.2K DKK | — |
| Total assets | 0K DKK | — |
| Equity | -126.2K DKK | — |
| Employees | — | — |
Company information
Legal name
Trade Radiators DK ApS
CVR number
42026352
Legal form
Anpartsselskab
NACE code
477890 · Detailhandel med andre varer i.a.n.
Founded
15 January 2021 · 5 years
Share capital
DKK 40,000
Employees
—
VAT registered
No
Audit selected
No
Last report
2022-01-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den administrerende direktør.
Contact
Address
Gammel Kongevej 60, 1850 Frederiksberg C
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2022), Trade Radiators DK ApS reported a gross profit of -DKK 96.2k. The bottom line showed a net loss of DKK 166.2k.
At the end of 2022, current assets covered short-term debt 0 times.
Financials
Gross profit
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2022 |
|---|---|
| Gross profit | -96 |
| Staff expenses | -70 |
| EBITDA | -166 |
| Depreciation & amort. | -0 |
| EBIT | -166 |
| Net financials | 0 |
| Profit before tax | -166 |
| Tax | -0 |
| Net profit | -166 |
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Balance sheet
DKK thousands| Item | 2022 |
|---|---|
| Total assets | 0 |
| Equity | -126 |
| Long-term debt | 0 |
| Short-term debt | 126 |
| Total debt | 126 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
<−999 %
20222022
Equity ratio
<−999 %
20222022
Return on equity
—
20222022
Net profit margin (of gross profit)
<−999 %
20222022
Asset turnover (of gross profit)
<−999×
20222022
Debt / equity
—
20222022
Sector performance
8 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
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 assets (ROA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of total assets — the return generated on the capital employed.
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.
Basic earning power (BEP)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Liquidity
Current ratioVery weak
Among the 10% 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 10% 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 ratioVery weak
Among the 10% 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 40% 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
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.
Solidity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
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.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 capitalVery weak
Among the 20% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
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.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (2)
NR Chief Executive Officer | Chief Executive Officer | 2021 – 2023 |
UF Founder | Founder | 2021 – 2023 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
Trade Radiators Ltd | Company | 100% | 100% | 2021 |
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Related companies
Company hierarchy
Trade Radiators Ltd100%
Trade Radiators DK ApS (this company)Board network connections
Board members of Trade Radiators DK ApS also hold positions in 133 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ulrik Fleischer-Michaelsen | Founder | 133 companiesMany roles |
Frequently asked questions
What is the CVR number of Trade Radiators DK ApS?
Trade Radiators DK ApS is registered with CVR / Virk under CVR 42026352.
What is the gross profit of Trade Radiators DK ApS?
Trade Radiators DK ApS reported a gross profit of -DKK 96.2k in 2022.
Where is Trade Radiators DK ApS headquartered?
Trade Radiators DK ApS's registered address is Gammel Kongevej 60.