k-innovation ApS

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CVR 45286290Grønnegade 15, 5762 Vester SkerningeResearch and experimental development on natural sciences and engineering· NACE 7210Est. 2024 · 1 year old1 employees

Overview

k-innovation ApS is a Danish APS based in Vester Skerninge, 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 55.9k in its latest annual filing.

Gross profit 2025

55.9K DKK

EBITDA margin (of gross profit)

−341.5 %

Net profit 2025

-153.8K DKK

1 employees

Key ratios

See full ratios →

28.9 %

Weak

Among the 30% lowest rated companies in the industry

20252025

1.4×

Weak

Among the 40% lowest rated companies in the industry

20252025

-51.6 %

Very weak

Among the 10% lowest rated companies in the industry

20252025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	55.9K DKK	—
EBITDA	-190.9K DKK	—
Net profit	-153.8K DKK	—
Total assets	298.1K DKK	—
Equity	86.2K DKK	—
Employees	1	—

Contact

Address

Grønnegade 15, 5762 Vester Skerninge

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Financial development

In its most recent annual report (2025), k-innovation ApS reported a gross profit of DKK 55.9k. The bottom line showed a net loss of DKK 153.8k, and the EBITDA margin stood at -341.5%.

At the end of 2025, equity financed 28.9% of the balance sheet, and current assets covered short-term debt 1.4 times. k-innovation 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	2025
Gross profit	56
Staff expenses	-247
EBITDA	-191
Depreciation & amort.	-0
EBIT	-191
Net financials	-6
Profit before tax	-197
Tax	-43
Net profit	-154

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Balance sheet

DKK thousands

Item	2025
Total assets	298
Equity	86
Long-term debt	0
Short-term debt	212
Total debt	212

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-341.5 %

20252025

Equity ratio

28.9 %

Weak

Among the 30% lowest rated companies in the industry

20252025

Return on equity

-178.3 %

Very weak

Among the 10% lowest rated companies in the industry

20252025

Net profit margin (of gross profit)

-275.1 %

20252025

Asset turnover (of gross profit)

0.19×

20252025

Debt / equity

2.46×

Very weak

Among the 20% lowest rated companies in the industry

20252025

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)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.

Capacity ratioVery weak

Among the 20% 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.

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 ratioStrong

Among the 40% 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 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 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 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 debtVery weak

Among the 20% 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 20% 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 20% lowest 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 2025
Filed via CVR / Virk · Period 2024-12-19 – 2025-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
KH Kasper Hartvig Andersen Chief Executive Officer	Chief Executive Officer	2024

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Kaspers 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

Kaspers ApS100%

k-innovation ApS (this company)

Board network connections

Board members of k-innovation ApS also hold positions in 1 other company.

Person	Role here	Other companies
Kasper Hartvig Andersen	Chief Executive Officer	1 company

Frequently asked questions

What is the CVR number of k-innovation ApS?

k-innovation ApS is registered with CVR / Virk under CVR 45286290.

What is the gross profit of k-innovation ApS?

k-innovation ApS reported a gross profit of DKK 55.9k in 2025.

How many employees does k-innovation ApS have?

k-innovation ApS employs 1 people as of the latest annual report.

Who is the CEO of k-innovation ApS?

Kasper Hartvig Andersen is the CEO of k-innovation ApS.

Where is k-innovation ApS headquartered?

k-innovation ApS's registered address is Grønnegade 15.