Waffle Supply ApS

APSDissolvedAdvertising protection

CVR 43755390Livøvej 3, 8800 ViborgNon-specialised wholesale of food, beverages and tobacco· NACE 4639Est. 2023 · 3 years old6 employees

Overview

Waffle Supply ApS is a Danish APS based in Viborg, operating in the Non-specialised wholesale of food, beverages and tobacco sector. Incorporated in 2023, the company has 6 employees and reported a gross profit of DKK 2.3m in its latest annual filing.

Gross profit 2024

2.3M DKK

+203% vs 2023

EBITDA margin (of gross profit)

32.4 %

+1155% vs 2023

Net profit 2024

0.5M DKK

+20216% vs 2023

Key ratios

See full ratios →

24.5 %

Weak

Among the 40% lowest rated companies in the industry

20232024

1.2×

Weak

Among the 40% lowest rated companies in the industry

20232024

22.5 %

Very strong

Among the 20% highest rated companies in the industry

20232024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Gross profit	2.3M DKK	+203%
EBITDA	0.7M DKK	+1155%
Net profit	0.5M DKK	+20216%
Total assets	2.1M DKK	+17%
Equity	0.5M DKK	+1123%
Employees	6	—

Contact

Address

Livøvej 3, 8800 Viborg

Advertising protection

Active — opted out of marketing use

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2024), Waffle Supply ApS reported a gross profit of DKK 2.3m, an increase of 203% 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 475.4k, and the EBITDA margin stood at 32.4%.

At the end of 2024, equity financed 24.5% of the balance sheet, and current assets covered short-term debt 1.2 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023
Gross profit	2,315	764
Staff expenses	-1,565	-704
EBITDA	750	60
Depreciation & amort.	-44	-28
EBIT	706	32
Net financials	-93	-29
Profit before tax	612	3
Tax	137	1
Net profit	475	2

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2024	2023
Total assets	2,110	1,810
Equity	518	42
Long-term debt	0	0
Short-term debt	1,587	1,767
Total debt	1,587	1,767

Financial ratios

5-year trend

EBITDA margin (of gross profit)

32.4 %

20232024

Equity ratio

24.5 %

Weak

Among the 40% lowest rated companies in the industry

20232024

Return on equity

91.8 %

Very strong

Among the 10% highest rated companies in the industry

20232024

Net profit margin (of gross profit)

20.5 %

20232024

Asset turnover (of gross profit)

1.10×

20232024

Debt / equity

3.08×

Weak

Among the 30% lowest rated companies in the industry

20232024

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)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)Very strong

Among the 20% 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)Very strong

Among the 10% 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 30% 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 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 ratioWeak

Among the 40% 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.

Current assets to equityWeak

Among the 30% 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 capitalWeak

Among the 30% 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 30% 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 debtStrong

Among the 30% highest rated companies in the industry

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

EBITDA to debtStrong

Among the 30% highest rated companies in the industry

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

Interest coverageStrong

Among the 40% highest rated companies in the industry

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

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest marginVery strong

Among the 20% 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.

Efficiency & development

Equity to contributed capitalStrong

Among the 40% 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 equityVery strong

Among the 10% highest rated companies in the industry

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

One-year change in debtStrong

Among the 40% 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

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


AP Andreas Petersen Chief Executive Officer	Chief Executive Officer	2023 – 2023
CR Christian Rod Høeg Management	Management	2023 – 2023
AC Aksel Christensen Silva Chief Executive Officer	Chief Executive Officer	2023 – 2025

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
W. Barons Holding ApS	Company	100%	100%	2023
AND Well ApS	Company	100%	100%	2023

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

W. Barons Holding ApS100%

AND Well ApS100%

Waffle Supply ApS (this company)

Board network connections

Board members of Waffle Supply ApS also hold positions in 11 other companies.

Person	Role here	Other companies
Andreas Petersen	Chief Executive Officer	5 companies
Christian Rod Høeg	Management	3 companies
Aksel Christensen Silva	Chief Executive Officer	3 companies

Frequently asked questions

What is the CVR number of Waffle Supply ApS?

Waffle Supply ApS is registered with CVR / Virk under CVR 43755390.

What is the gross profit of Waffle Supply ApS?

Waffle Supply ApS reported a gross profit of DKK 2.3m in 2024.

How many employees does Waffle Supply ApS have?

Waffle Supply ApS employs 6 people as of the latest annual report.

Where is Waffle Supply ApS headquartered?

Waffle Supply ApS's registered address is Livøvej 3.