Glasbjerg Byg ApS
APSBankruptAdvertising protectionCVR 43513567Jerlevvej 62, 7100 VejleConstruction of residential and non-residential buildings· NACE 4100Est. 2022 · 4 years old1 employees
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Overview
Glasbjerg Byg ApS is a Danish APS based in Vejle, operating in the Construction of residential and non-residential buildings sector. Incorporated in 2022, the company has 1 employee and reported a gross profit of DKK 449.4k in its latest annual filing.
Gross profit 2023
449.4K DKK
EBITDA margin (of gross profit)
18.7 %
Net profit 2023
56.5K DKK
1 employees
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
24.9 %
WeakAmong the 40% lowest rated companies in the industry
20232023
Liquidity ratioCurrent assets ÷ Short-term debt
0.5×
Very weakAmong the 20% lowest rated companies in the industry
20232023
Return on assets (ROA)Net profit ÷ Total assets × 100
14.6 %
StrongAmong the 40% highest rated companies in the industry
20232023
EBITDA — year on year
DKK thousandsKey figures
Annual report 2023| Gross profit | 449.4K DKK | — |
| EBITDA | 83.9K DKK | — |
| Net profit | 56.5K DKK | — |
| Total assets | 386.9K DKK | — |
| Equity | 96.5K DKK | — |
| Employees | 1 | — |
Company information
Legal name
Glasbjerg Byg ApS
CVR number
43513567
Legal form
Anpartsselskab
NACE code
Founded
12 September 2022 · 4 years
Share capital
DKK 40,000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af en likvidator
Company purpose
Selskabets formål er at drive byggerivirksomhed samt enhver virksomhed i hermed stående
forbindelse.
(no translation available)
Contact
Address
Jerlevvej 62, 7100 Vejle
Phone
+45 2232 3903
Email
claus@glasbjerg.dk
Advertising protection
Active — opted out of marketing use
Recent events
1 entry- Event
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Financial development
In its most recent annual report (2023), Glasbjerg Byg ApS reported a gross profit of DKK 449.4k. The bottom line showed a net profit of DKK 56.5k, and the EBITDA margin stood at 18.7%.
At the end of 2023, equity financed 24.9% of the balance sheet, and current assets covered short-term debt 0.5 times.
Financials
Gross profit
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2023 |
|---|---|
| Gross profit | 449 |
| Staff expenses | -366 |
| EBITDA | 84 |
| Depreciation & amort. | -4 |
| EBIT | 80 |
| Net financials | -1 |
| Profit before tax | 79 |
| Tax | 22 |
| Net profit | 57 |
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Balance sheet
DKK thousands| Item | 2023 |
|---|---|
| Total assets | 387 |
| Equity | 97 |
| Long-term debt | 15 |
| Short-term debt | 267 |
| Total debt | 282 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
18.7 %
20232023
Equity ratio
24.9 %
WeakAmong the 40% lowest rated companies in the industry
20232023
Return on equity
58.6 %
Very strongAmong the 20% highest rated companies in the industry
20232023
Net profit margin (of gross profit)
12.6 %
20232023
Asset turnover (of gross profit)
1.16×
20232023
Debt / equity
3.01×
WeakAmong the 30% lowest rated companies in the industry
20232023
Sector performance
19 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Very strong
Among the 20% highest 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)Strong
Among the 40% highest 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)Strong
Among the 30% highest 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)Strong
Among the 30% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% 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 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.
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 capitalVery weak
Among the 10% 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 ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% 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 equityWeak
Among the 30% 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 30% 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 debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 20% highest rated companies in the industry
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 capitalWeak
Among the 40% 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 (3)
CH Chief Executive Officer | Chief Executive Officer | 2024 – 2025 |
JB Liquidator | Liquidator | 2025 – 2025 |
JW Chief Executive Officer | Chief Executive Officer | 2024 – 2024 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 100% | 100% | 2024 | |
| Company | 100% | 100% | 2024 | |
| Company | 100% | 100% | 2022 |
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
JMAM Capital Investment A/S
Glasbjerg Byg ApS Board network connections
Board members of Glasbjerg Byg ApS also hold positions in 57 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jan Bruun Jørgensen | Liquidator | 44 companiesMany roles |
| John Wehner | Chief Executive Officer | 12 companiesMany roles |
| Claus Hedegaard Andersen | Chief Executive Officer | 1 company |
Frequently asked questions
What is the CVR number of Glasbjerg Byg ApS?
Glasbjerg Byg ApS is registered with CVR / Virk under CVR 43513567.
What is the gross profit of Glasbjerg Byg ApS?
Glasbjerg Byg ApS reported a gross profit of DKK 449.4k in 2023.
How many employees does Glasbjerg Byg ApS have?
Glasbjerg Byg ApS employs 1 people as of the latest annual report.
Where is Glasbjerg Byg ApS headquartered?
Glasbjerg Byg ApS's registered address is Jerlevvej 62.