SJ Construction ApS

APSBankruptAdvertising protection

CVR 43568442Jervelundhaven 20, 5220 Odense SØMasonry and bricklaying activities· NACE 4391Est. 2022 · 3 years old2 employees

Overview

SJ Construction ApS is a Danish APS based in Odense SØ, operating in the Masonry and bricklaying activities sector. Incorporated in 2022, the company has 2 employees and reported revenue of DKK 2.0m in its latest annual filing.

Revenue 2024

2M DKK

−1% vs 2023

EBITDA margin

3.6 %

+629% vs 2023

Net profit 2024

0.1M DKK

+1387% vs 2023

Key ratios

See full ratios →

20.1 %

Weak

Among the 30% lowest rated companies in the industry

20232024

1.3×

Weak

Among the 40% lowest rated companies in the industry

20232024

20.1 %

Strong

Among the 30% highest rated companies in the industry

20232024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Revenue	2M DKK	-1%
EBITDA	0.1M DKK	+629%
Net profit	0.1M DKK	+1387%
Total assets	0.4M DKK	-27%
Equity	0.1M DKK	+63%
Employees	2	—

Contact

Address

Jervelundhaven 20, 5220 Odense SØ

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Financial development

In its most recent annual report (2024), SJ Construction ApS reported revenue of DKK 2.0m, a decrease of 1% on the year before. The figures on this page draw on 2 annual filings covering 2023 to 2024. The bottom line showed a net profit of DKK 73.4k, and the EBITDA margin stood at 3.6%.

At the end of 2024, equity financed 20.1% of the balance sheet, and current assets covered short-term debt 1.3 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023
Revenue	2,019	2,044
Staff expenses	-1,593	-2,034
EBITDA	73	10
Depreciation & amort.	-0	-0
EBIT	73	10
Net financials	0	-4
Profit before tax	73	6
Tax	-0	1
Net profit	73	5

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Balance sheet

DKK thousands

Item	2024	2023
Total assets	366	498
Equity	73	45
Long-term debt	1	1
Short-term debt	291	452
Total debt	292	454

Financial ratios

5-year trend

EBITDA margin

3.6 %

20232024

Equity ratio

20.1 %

Weak

Among the 30% lowest rated companies in the industry

20232024

Return on equity

100.0 %

Very strong

Among the 10% highest rated companies in the industry

20232024

Net profit margin

3.6 %

Average

Around the average of companies in the same industry

20232024

Asset turnover

5.52×

Very strong

Among the 20% highest rated companies in the industry

20232024

Debt / equity

3.98×

Very weak

Among the 20% lowest rated companies in the industry

20232024

Sector performance

26 of 28 ratios graded

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

Profitability

Gross marginVery strong

Among the 10% highest rated companies in the industry

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 marginAverage

Around the average of companies in the same industry

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 marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 10% 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 30% 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)Very strong

Among the 10% 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 40% 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 ratioWeak

Among the 40% 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.

Liquidity

Current ratioWeak

Among the 40% 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 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 ratioAverage

Around the average of companies in the same industry

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

Current assets to equityVery weak

Among the 20% lowest 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 ratioWeak

Among the 30% lowest 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 30% 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 30% 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 equityVery weak

Among the 20% 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 equityVery weak

Among the 20% 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 debtStrong

Among the 40% highest rated companies in the 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 rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 30% highest 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.

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.

Efficiency & development

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalWeak

Among the 30% 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 strong

Among the 20% highest rated companies in the industry

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

One-year change in debtVery strong

Among the 20% highest rated companies in the industry

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

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 2022-10-09 – 2023-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


TF Tine Frisenberg Westergaard Chief Executive Officer	Chief Executive Officer	2024 – 2025
JV Jimmy Vitved Management	Management	2022 – 2024

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Jimmy Vitved	Individual	100%	100%	2022
Wissam Ismail	Individual	100%	90–99.99%	2024

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 SJ Construction ApS hold no positions in other companies.

Frequently asked questions

What is the CVR number of SJ Construction ApS?

SJ Construction ApS is registered with CVR / Virk under CVR 43568442.

What is the revenue of SJ Construction ApS?

SJ Construction ApS reported revenue of DKK 2.0m in 2024.

How many employees does SJ Construction ApS have?

SJ Construction ApS employs 2 people as of the latest annual report.

Where is SJ Construction ApS headquartered?

SJ Construction ApS's registered address is Jervelundhaven 20, 1. mf.