Kirketerp ApS

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CVR 42928909Ugiltvej 20A, 9870 SindalRaising of swine and pigs· NACE 0146Est. 2021 · 4 years old41 employees

Overview

Kirketerp ApS is a Danish APS based in Sindal, operating in the Raising of swine and pigs sector. Incorporated in 2021, the company has 41 employees and reported a gross profit of DKK 21.3m in its latest annual filing.

Gross profit 2025

21.3M DKK

−10% vs 2024

EBITDA margin (of gross profit)

17.1 %

−68% vs 2024

Net profit 2025

-4.9M DKK

-172% vs 2024

Key ratios

See full ratios →

29.3 %

Average

Around the average of companies in the same industry

20222025

1.1×

Average

Around the average of companies in the same industry

20222025

-1.1 %

Weak

Among the 40% lowest rated companies in the industry

20222025

EBITDA — year on year

DKK millions

Key figures

Annual report 2025

Gross profit	21.3M DKK	-10%
EBITDA	3.7M DKK	-68%
Net profit	-4.9M DKK	-172%
Total assets	459.7M DKK	+23%
Equity	134.7M DKK	-4%
Employees	41	—

Contact

Address

Ugiltvej 20A, 9870 Sindal

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Financial development

In its most recent annual report (2025), Kirketerp ApS reported a gross profit of DKK 21.3m, a decrease of 10% on the year before. The figures on this page draw on 4 annual filings covering 2022 to 2025. The bottom line showed a net loss of DKK 4.9m, and the EBITDA margin stood at 17.1%.

At the end of 2025, equity financed 29.3% of the balance sheet, and current assets covered short-term debt 1.1 times.

Financials

Gross profit

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2025	2024	2023	2022
Gross profit	21,330	23,634	6,336	-18
Staff expenses	-17,593	-12,276	-12,379	-0
EBITDA	3,651	11,265	-6,227	-18
Depreciation & amort.	-6,927	-3,126	-2,451	-0
EBIT	-3,275	8,138	-8,678	-18
Net financials	-3,356	-952	-2,149	-0
Profit before tax	-6,631	7,186	-10,827	-18
Tax	-1,688	279	-2,648	-0
Net profit	-4,943	6,907	-8,180	-18

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022
Total assets	459,651	374,315	326,262	32
Equity	134,672	139,615	132,708	22
Long-term debt	259,638	157,989	1,986	0
Short-term debt	58,736	68,407	183,543	10
Total debt	318,373	226,396	185,529	10

Financial ratios

5-year trend

EBITDA margin (of gross profit)

17.1 %

20222025

Equity ratio

29.3 %

Average

Around the average of companies in the same industry

20222025

Return on equity

-3.7 %

Weak

Among the 30% lowest rated companies in the industry

20222025

Net profit margin (of gross profit)

-23.2 %

20222025

Asset turnover (of gross profit)

0.05×

20222025

Debt / equity

2.41×

Weak

Among the 40% lowest rated companies in the industry

20222025

Sector performance

23 of 28 ratios graded

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

Profitability

Return on equity (ROE)Weak

Among the 30% lowest rated companies in the industry

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

Return on assets (ROA)Weak

Among the 40% lowest rated companies in the industry

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

Return on net assets (RONA)Weak

Among the 30% lowest rated companies in the 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 30% 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 30% 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.

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 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.

Current assets to equityStrong

Among the 40% highest 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 capitalAverage

Around the average of companies in the same 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 ratioVery weak

Among the 10% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same 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 equityWeak

Among the 40% 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 equityWeak

Among the 40% 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 debtWeak

Among the 40% lowest rated companies in the 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 30% 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 marginWeak

Among the 40% 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.

Efficiency & development

Equity to contributed capitalVery strong

Among the 20% 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 equityWeak

Among the 30% lowest rated companies in the industry

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

One-year change in debtVery weak

Among the 20% 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 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-12-13 – 2022-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (3)
PK Per Kirketerp Founder	Founder	2021
KK Karen Kirketerp Management	Management	2023
MG Morten Glenthøj Management	Management	2025

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Lauge Glenthøj Kirketerp	Individual	33.33–49.99%	0%	2023
Niels Glenthøj Kirketerp	Individual	33.33–49.99%	0%	2023
Holger Glenthøj Kirketerp	Individual	33.33–49.99%	0%	2023
Per Kirketerp	Individual	100%	100%	2021
Karen Kirketerp	Individual	0%	100%	2023

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 Kirketerp ApS also hold positions in 20 other companies.

Person	Role here	Other companies
Morten Glenthøj	Management	10 companiesMany roles
Karen Kirketerp	Management	7 companiesMany roles
Per Kirketerp	Founder	3 companies

Frequently asked questions

What is the CVR number of Kirketerp ApS?

Kirketerp ApS is registered with CVR / Virk under CVR 42928909.

What is the gross profit of Kirketerp ApS?

Kirketerp ApS reported a gross profit of DKK 21.3m in 2025.

How many employees does Kirketerp ApS have?

Kirketerp ApS employs 41 people as of the latest annual report.

Where is Kirketerp ApS headquartered?

Kirketerp ApS's registered address is Ugiltvej 20A.