Elite Handel ApS

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CVR 43180118Industrivej 38, 7080 BørkopRetail sale of furniture, lighting equipment, tableware and other household goods· NACE 4755Est. 2022 · 4 years old— employees

Overview

Elite Handel ApS is a Danish APS based in Børkop, operating in the Retail sale of furniture, lighting equipment, tableware and other household goods sector. Incorporated in 2022, the company reported a gross profit of DKK 96.8k in its latest annual filing.

Gross profit 2024

0.1M DKK

−89% vs 2023

EBITDA margin (of gross profit)

100.0 %

−89% vs 2023

Net profit 2024

0.1M DKK

-91% vs 2023

Key ratios

See full ratios →

97.0 %

Very strong

Among the 10% highest rated companies in the industry

20222024

32.9×

Very strong

Among the 10% highest rated companies in the industry

20222024

5.1 %

Average

Around the average of companies in the same industry

20222024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Gross profit	0.1M DKK	-89%
EBITDA	0.1M DKK	-89%
Net profit	0.1M DKK	-91%
Total assets	1.2M DKK	-14%
Equity	1.2M DKK	+6%
Employees	—	—

Contact

Address

Industrivej 38, 7080 Børkop

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2024), Elite Handel ApS reported a gross profit of DKK 96.8k, a decrease of 89% on the year before. The figures on this page draw on 3 annual filings covering 2022 to 2024. The bottom line showed a net profit of DKK 63.3k, and the EBITDA margin stood at 100%.

At the end of 2024, equity financed 97% of the balance sheet, and current assets covered short-term debt 32.9 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023	2022
Revenue	97	913	590
Staff expenses	-0	-6	-0
EBITDA	97	907	540
Depreciation & amort.	-10	-52	-1
EBIT	87	855	539
Net financials	-4	14	-1
Profit before tax	83	868	538
Tax	19	196	119
Net profit	63	673	420

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Balance sheet

DKK thousands

Item	2024	2023	2022
Total assets	1,233	1,441	682
Equity	1,195	1,132	460
Long-term debt	0	0	0
Short-term debt	37	307	218
Total debt	37	307	218

Financial ratios

5-year trend

EBITDA margin

100.0 %

20222024

Equity ratio

97.0 %

Very strong

Among the 10% highest rated companies in the industry

20222024

Return on equity

5.3 %

Average

Around the average of companies in the same industry

20222024

Net profit margin

65.3 %

20222024

Asset turnover

0.08×

20222024

Debt / equity

0.03×

Very strong

Among the 10% highest rated companies in the industry

20222024

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)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)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest 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 ratioVery strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 20% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery strong

Among the 20% 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 capitalVery strong

Among the 10% highest 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 ratioStrong

Among the 30% highest rated companies in the industry

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

Debt & solvency

Solidity ratioVery strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest rated companies in the industry

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

Income to debtVery strong

Among the 10% highest rated companies in the industry

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

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

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

Interest coverageStrong

Among the 30% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the 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

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 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 debtVery strong

Among the 10% highest 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 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 2022-04-05 – 2022-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


PF Per Frank Lindberg Management	Management	2022 – 2025
TA Thomas Albeira Winther Andersen Management	Management	2022 – 2025

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
P MONTAGE ApS	Company	50–66.65%	50–66.65%	2022
T MONTAGE ApS	Company	50–66.65%	50–66.65%	2022

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Related companies

Company hierarchy

P MONTAGE ApS50%

T MONTAGE ApS50%

Elite Handel ApS (this company)

Board network connections

Board members of Elite Handel ApS also hold positions in 8 other companies.

Person	Role here	Other companies
Per Frank Lindberg	Management	4 companies
Thomas Albeira Winther Andersen	Management	4 companies

Frequently asked questions

What is the CVR number of Elite Handel ApS?

Elite Handel ApS is registered with CVR / Virk under CVR 43180118.

What is the gross profit of Elite Handel ApS?

Elite Handel ApS reported a gross profit of DKK 96.8k in 2024.

Where is Elite Handel ApS headquartered?

Elite Handel ApS's registered address is Industrivej 38.