W.I.F. ApS

APSIn liquidation

CVR 46332016Parkvænget 16, 4200 SlagelseRental and operating of own or leased real estate· NACE 6820Est. 1977 · 49 years old1 employees

Overview

W.I.F. ApS is a Danish APS based in Slagelse, operating in the Rental and operating of own or leased real estate sector. Incorporated in 1977, the company has 1 employee and reported revenue of DKK 280.0k in its latest annual filing.

Revenue 2014

0.3M DKK

−42% vs 2013

EBITDA margin

54.6 %

+32% vs 2013

Net profit 2014

0.3M DKK

-76% vs 2013

Key ratios

See full ratios →

93.4 %

Average

Around the average of companies in the same industry

20122014

15.3×

Strong

Among the 40% highest rated companies in the industry

20122014

2.2 %

Average

Around the average of companies in the same industry

20122014

EBITDA — year on year

DKK thousands

Key figures

Annual report 2014

Revenue	0.3M DKK	-42%
EBITDA	0.2M DKK	+32%
Net profit	0.3M DKK	-76%
Total assets	12.8M DKK	-22%
Equity	11.9M DKK	0%
Employees	1	—

Financial development

In its most recent annual report (2014), W.I.F. ApS reported revenue of DKK 280.0k, a decrease of 42% on the year before. The figures on this page draw on 3 annual filings covering 2012 to 2014. The bottom line showed a net profit of DKK 274.7k, and the EBITDA margin stood at 54.6%.

At the end of 2014, equity financed 93.4% of the balance sheet, and current assets covered short-term debt 15.3 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2014	2013	2012
Revenue	280	480	480
Staff expenses	-56	-302	-82
EBITDA	153	116	299
Depreciation & amort.	-613	-152	-152
EBIT	-460	-36	147
Net financials	99	971	72
Profit before tax	-361	935	219
Tax	-636	-194	42
Net profit	275	1,128	177

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	2014	2013	2012
Total assets	12,765	16,459	14,797
Equity	11,929	11,883	12,971
Long-term debt	0	-1,447	-1,675
Short-term debt	837	3,130	152
Total debt	837	3,130	152

Financial ratios

5-year trend

EBITDA margin

54.6 %

20122014

Equity ratio

93.4 %

Average

Around the average of companies in the same industry

20122014

Return on equity

2.3 %

Average

Around the average of companies in the same industry

20122014

Net profit margin

98.1 %

Very strong

Among the 20% highest rated companies in the industry

20122014

Asset turnover

0.02×

Strong

Among the 30% highest rated companies in the industry

20122014

Debt / equity

0.07×

Average

Around the average of companies in the same industry

20122014

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginStrong

Among the 40% highest rated companies in the industry

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 marginVery weak

Among the 10% lowest rated companies in the industry

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 marginVery strong

Among the 20% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Average

Around the average of companies in the same 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)Average

Around the average of companies in the same 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 20% 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 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.

Liquidity

Current ratioStrong

Among the 40% 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 40% 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 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 ratioStrong

Among the 40% highest rated companies in the industry

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

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same 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 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 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 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 debtStrong

Among the 30% highest rated companies in the industry

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

Interest marginStrong

Among the 40% 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

Asset turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

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 equityAverage

Around the average of companies in the same industry

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

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

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

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 2014
Filed via CVR / Virk · Period 2013-10-01 – 2014-09-30
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-10-01 – 2013-09-30
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-10-01 – 2012-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


EB Elsebeth Bjarnø Management	Management	1977 – 1994
WI Willy Iwan Rossing Bjarnø Management	Management	2013 – 2015
HS Helge Strier Poulsen Liquidator	Liquidator	2015 – 2015
IV Inger Vittrup Management	Management	1977 – 2013

Board of directors

Non-executive oversight

Name	Role	Member since

Former (5)


IM Iwan Mogens Bjarnø Board of Directors	Board of Directors	1977 – 1997
FG Flemming Georg Bjarnø Board of Directors	Board of Directors	1977 – 2014
EB Elsebeth Bjarnø Board of Directors	Board of Directors	1977 – 2015
WI Willy Iwan Rossing Bjarnø Board of Directors	Board of Directors	1977 – 2015
IV Inger Vittrup Chairman	Chairman	2013 – 2015

Shareholders

Active legal owners

No shareholder data available.

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

No registered parent or subsidiaries

Board network connections

Board members of W.I.F. ApS also hold positions in 23 other companies.

Person	Role here	Other companies
Helge Strier Poulsen	Liquidator	14 companiesMany roles
Willy Iwan Rossing Bjarnø	Management	4 companies
Flemming Georg Bjarnø	Board of Directors	3 companies
Inger Vittrup	Management	2 companies

Frequently asked questions

What is the CVR number of W.I.F. ApS?

W.I.F. ApS is registered with CVR / Virk under CVR 46332016.

What is the revenue of W.I.F. ApS?

W.I.F. ApS reported revenue of DKK 280.0k in 2014.

How many employees does W.I.F. ApS have?

W.I.F. ApS employs 1 people as of the latest annual report.

Where is W.I.F. ApS headquartered?

W.I.F. ApS's registered address is Parkvænget 16.