Horsens Midtby Aps

Q: What is the CVR number of Horsens Midtby Aps?

Horsens Midtby Aps is registered with CVR / Virk under CVR 44528584.

Q: What is the gross profit of Horsens Midtby Aps?

Horsens Midtby Aps reported a gross profit of -DKK 13.3k in 2025.

Q: Where is Horsens Midtby Aps headquartered?

Horsens Midtby Aps's registered address is Tysklandsvej 7.

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CVR 44528584Tysklandsvej 7, 7100 VejleRental and operating of own or leased real estate· NACE 6820Est. 2023 · 2 years old— employees

Overview

Horsens Midtby Aps is a Danish APS based in Vejle, operating in the Rental and operating of own or leased real estate sector. Incorporated in 2023, the company reported a gross profit of -DKK 13.3k in its latest annual filing.

Gross profit 2025

-13.3K DKK

+19% vs 2024

EBITDA margin (of gross profit)

100.0 %

−19% vs 2024

Net profit 2025

-13.7K DKK

-22% vs 2024

Key ratios

See full ratios →

44.2 %

Strong

Among the 40% highest rated companies in the industry

20242025

1.8×

Strong

Among the 30% highest rated companies in the industry

20242025

-39.8 %

Very weak

Among the 10% lowest rated companies in the industry

20242025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	-13.3K DKK	+19%
EBITDA	-13.3K DKK	-19%
Net profit	-13.7K DKK	-22%
Total assets	34.3K DKK	-7%
Equity	15.2K DKK	-47%
Employees	—	—

Contact

Address

Tysklandsvej 7, 7100 Vejle

Phone

+45 7011 7500

info@vkadministration.dk

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2025), Horsens Midtby Aps reported a gross profit of -DKK 13.3k. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net loss of DKK 13.7k.

At the end of 2025, equity financed 44.2% of the balance sheet, and current assets covered short-term debt 1.8 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024
Gross profit	-13	-11
Staff expenses	-0	-0
EBITDA	-13	-11
Depreciation & amort.	-0	-0
EBIT	-13	-11
Net financials	-0	0
Profit before tax	-14	-11
Tax	-0	-0
Net profit	-14	-11

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Balance sheet

DKK thousands

Item	2025	2024
Total assets	34	37
Equity	15	29
Long-term debt	0	0
Short-term debt	19	8
Total debt	19	8

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20242025

Equity ratio

44.2 %

Strong

Among the 40% highest rated companies in the industry

20242025

Return on equity

-90.0 %

Very weak

Among the 10% lowest rated companies in the industry

20242025

Net profit margin (of gross profit)

<−999 %

20242025

Asset turnover (of gross profit)

-0.39×

20242025

Debt / equity

1.26×

Average

Around the average of companies in the same industry

20242025

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 weak

Among the 10% lowest 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 weak

Among the 10% lowest 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 weak

Among the 10% lowest 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 weak

Among the 10% lowest rated companies in the industry

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

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.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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 ratioStrong

Among the 30% 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 ratioStrong

Among the 30% 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 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 ratioWeak

Among the 40% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioStrong

Among the 40% 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 ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

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

Income to debtVery weak

Among the 10% lowest rated companies in the industry

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

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

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

Interest coverageVery weak

Among the 10% lowest rated companies in the industry

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

Interest rate on debtAverage

Around the average of companies in the same industry

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

Interest marginVery weak

Among the 10% lowest 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 capitalVery weak

Among the 20% 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 weak

Among the 10% lowest rated companies in the industry

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

One-year change in debtVery weak

Among the 10% lowest 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 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

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
HL Henrik Lyppert Management	Management	2024
JF John Frank Paulsen Management	Management	2025

Former (1)


RH Rene Hasbo Management	Management	2024 – 2025

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Niels Erik Svendsen-Tune	Individual	10–14.99%	10–14.99%	2024
Tommy Gilhøj Vemmelund	Individual	10–14.99%	10–14.99%	2024
Henrik Lyppert	Individual	10–14.99%	10–14.99%	2024
Steffen Therkelsen	Individual	10–14.99%	10–14.99%	2024
Maria Nielsen	Individual	10–14.99%	10–14.99%	2024
Thomas Carstens	Individual	10–14.99%	10–14.99%	2024
Hans Nissen Damm	Individual	10–14.99%	10–14.99%	2024
Peter Klindt Eilertsen	Individual	10–14.99%	10–14.99%	2024
Per Fischer Mikkelsen	Individual	10–14.99%	10–14.99%	2024
Morten Steen Søndergaard	Individual	10–14.99%	10–14.99%	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 Horsens Midtby Aps also hold positions in 81 other companies.

Person	Role here	Other companies
Rene Hasbo	Management	56 companiesMany roles
John Frank Paulsen	Management	14 companiesMany roles
Henrik Lyppert	Management	11 companiesMany roles

Frequently asked questions

What is the CVR number of Horsens Midtby Aps?

Horsens Midtby Aps is registered with CVR / Virk under CVR 44528584.

What is the gross profit of Horsens Midtby Aps?

Horsens Midtby Aps reported a gross profit of -DKK 13.3k in 2025.

Where is Horsens Midtby Aps headquartered?

Horsens Midtby Aps's registered address is Tysklandsvej 7.