Adrasil ApS

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CVR 44633507Banegårdsgade 2, 8700 HorsensResearch and experimental development on natural sciences and engineering· NACE 7210Est. 2024 · 2 years old1 employees

Overview

Adrasil ApS is a Danish APS based in Horsens, operating in the Research and experimental development on natural sciences and engineering sector. Incorporated in 2024, the company has 1 employee and reported a gross profit of DKK 364.9k in its latest annual filing.

Gross profit 2024

364.9K DKK

EBITDA margin (of gross profit)

7.7 %

Net profit 2024

17.2K DKK

1 employees

Key ratios

See full ratios →

19.5 %

Weak

Among the 30% lowest rated companies in the industry

20242024

1.1×

Weak

Among the 30% lowest rated companies in the industry

20242024

5.9 %

Average

Around the average of companies in the same industry

20242024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Gross profit	364.9K DKK	—
EBITDA	28K DKK	—
Net profit	17.2K DKK	—
Total assets	293.2K DKK	—
Equity	57.2K DKK	—
Employees	1	—

Contact

Address

Banegårdsgade 2, 8700 Horsens

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Active — opted out of marketing use

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Financial development

In its most recent annual report (2024), Adrasil ApS reported a gross profit of DKK 364.9k. The bottom line showed a net profit of DKK 17.2k, and the EBITDA margin stood at 7.7%.

At the end of 2024, equity financed 19.5% of the balance sheet, and current assets covered short-term debt 1.1 times. Adrasil ApS is one of 2 companies registered under Research and experimental development on natural sciences and engineering in Denmark.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024
Gross profit	365
Staff expenses	-337
EBITDA	28
Depreciation & amort.	-0
EBIT	28
Net financials	-4
Profit before tax	24
Tax	6
Net profit	17

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Balance sheet

DKK thousands

Item	2024
Total assets	293
Equity	57
Long-term debt	0
Short-term debt	236
Total debt	236

Financial ratios

5-year trend

EBITDA margin (of gross profit)

7.7 %

20242024

Equity ratio

19.5 %

Weak

Among the 30% lowest rated companies in the industry

20242024

Return on equity

30.1 %

Strong

Among the 40% highest rated companies in the industry

20242024

Net profit margin (of gross profit)

4.7 %

20242024

Asset turnover (of gross profit)

1.24×

20242024

Debt / equity

4.12×

Very weak

Among the 10% lowest rated companies in the industry

20242024

Sector performance

19 of 28 ratios graded

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

Profitability

Return on equity (ROE)Strong

Among the 40% 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)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 40% 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 ratioAverage

Around the average of companies in the same 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 30% 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 30% 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 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 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 ratioVery strong

Among the 20% 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 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 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 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 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

Annual report 2024
Filed via CVR / Virk · Period 2024-02-10 – 2024-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


FB Finn Borg Management	Management	2025 – 2025

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
H2414 ApS	Company	100%	100%	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

H2414 ApS100%

Adrasil ApS (this company)

Board network connections

Board members of Adrasil ApS also hold positions in 2 other companies.

Person	Role here	Other companies
Finn Borg	Management	2 companies

Frequently asked questions

What is the CVR number of Adrasil ApS?

Adrasil ApS is registered with CVR / Virk under CVR 44633507.

What is the gross profit of Adrasil ApS?

Adrasil ApS reported a gross profit of DKK 364.9k in 2024.

How many employees does Adrasil ApS have?

Adrasil ApS employs 1 people as of the latest annual report.

Where is Adrasil ApS headquartered?

Adrasil ApS's registered address is Banegårdsgade 2.