Havkyst ApS

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CVR 44105683Nørregade 3, 9850 HirtshalsRetail sale of clothing· NACE 4771Est. 2023 · 3 years old3 employees

Overview

Havkyst ApS is a Danish APS based in Hirtshals, operating in the Retail sale of clothing sector. Incorporated in 2023, the company has 3 employees and reported a gross profit of DKK 605.0k in its latest annual filing.

Gross profit 2025

605K DKK

+79% vs 2024

EBITDA margin (of gross profit)

26.6 %

+322% vs 2024

Net profit 2025

149.3K DKK

+259% vs 2024

Key ratios

See full ratios →

10.2 %

Weak

Among the 30% lowest rated companies in the industry

20232025

1.1×

Weak

Among the 40% lowest rated companies in the industry

20232025

42.7 %

Very strong

Among the 10% highest rated companies in the industry

20232025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	605K DKK	+79%
EBITDA	160.9K DKK	+322%
Net profit	149.3K DKK	+259%
Total assets	349.3K DKK	+5%
Equity	35.7K DKK	+131%
Employees	3	—

Contact

Address

Nørregade 3, 9850 Hirtshals

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2025), Havkyst ApS reported a gross profit of DKK 605.0k, an increase of 79% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net profit of DKK 149.3k, and the EBITDA margin stood at 26.6%.

At the end of 2025, equity financed 10.2% of the balance sheet, and current assets covered short-term debt 1.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023
Gross profit	605	338	207
Staff expenses	-444	-410	-255
EBITDA	161	-72	-48
Depreciation & amort.	-0	-0	-0
EBIT	161	-72	-48
Net financials	-12	-21	-12
Profit before tax	149	-94	-60
Tax	-0	-0	-0
Net profit	149	-94	-60

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Balance sheet

DKK thousands

Item	2025	2024	2023
Total assets	349	333	379
Equity	36	-114	-20
Long-term debt	0	51	94
Short-term debt	314	396	304
Total debt	314	447	399

Financial ratios

5-year trend

EBITDA margin (of gross profit)

26.6 %

20232025

Equity ratio

10.2 %

Weak

Among the 30% lowest rated companies in the industry

20232025

Return on equity

418.6 %

Very strong

Among the 10% highest rated companies in the industry

20232025

Net profit margin (of gross profit)

24.7 %

20232025

Asset turnover (of gross profit)

1.73×

20232025

Debt / equity

8.80×

Very weak

Among the 10% lowest rated companies in the industry

20232025

Sector performance

22 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 10% 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 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 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 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 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 10% 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 ratioAverage

Around the average of companies in the same 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 10% 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 10% 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 debtVery strong

Among the 20% 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 20% 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 marginVery strong

Among the 10% 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 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 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.

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.

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 2023-06-08 – 2023-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
LK Lene Kruse Jensen Management	Management	2023
CK Cecilie Kjeldgård Petersen Management	Management	2023

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Lene Kruse Jensen	Individual	50–66.65%	50–66.65%	2023
Cecilie Kjeldgård Petersen	Individual	50–66.65%	50–66.65%	2023

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Havkyst ApS also hold positions in 1 other company.

Person	Role here	Other companies
Lene Kruse Jensen	Management	1 company

Frequently asked questions

What is the CVR number of Havkyst ApS?

Havkyst ApS is registered with CVR / Virk under CVR 44105683.

What is the gross profit of Havkyst ApS?

Havkyst ApS reported a gross profit of DKK 605.0k in 2025.

How many employees does Havkyst ApS have?

Havkyst ApS employs 3 people as of the latest annual report.

Where is Havkyst ApS headquartered?

Havkyst ApS's registered address is Nørregade 3.