BAARING GRUPPEN ApS

APSDissolved

CVR 53665217Fynsvej 18, 5466 AsperupDetailhandel med personbiler, varebiler og minibusser· NACE 451120Est. 1975 · 51 years old— employees

Overview

BAARING GRUPPEN ApS is a Danish APS based in Asperup, operating in the Detailhandel med personbiler, varebiler og minibusser sector. Incorporated in 1975, the company reported a gross profit of DKK 569.1k in its latest annual filing.

Gross profit 2016

0.6M DKK

+97% vs 2015

EBITDA margin (of gross profit)

68.2 %

+156% vs 2015

Net profit 2016

0.4M DKK

+111% vs 2015

Key ratios

See full ratios →

98.4 %

Very strong

Among the 10% highest rated companies in the industry

20122016

43.5×

Very strong

Among the 10% highest rated companies in the industry

20122016

1.6 %

Average

Around the average of companies in the same industry

20122016

EBITDA — year on year

DKK thousands

Key figures

Annual report 2016

Gross profit	0.6M DKK	+97%
EBITDA	0.4M DKK	+156%
Net profit	0.4M DKK	+111%
Total assets	25.6M DKK	+1%
Equity	25.2M DKK	0%
Employees	—	—

Financial development

In its most recent annual report (2016), BAARING GRUPPEN ApS reported a gross profit of DKK 569.1k, an increase of 97% on the year before. The figures on this page draw on 5 annual filings covering 2012 to 2016. The bottom line showed a net profit of DKK 402.1k, and the EBITDA margin stood at 68.2%.

At the end of 2016, equity financed 98.4% of the balance sheet, and current assets covered short-term debt 43.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2016	2015	2014	2013	2012
Gross profit	569	288	—	—	—
Staff expenses	-0	-0	-0	-0	-0
EBITDA	388	152	194	429	66
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	388	152	194	429	66
Net financials	194	149	817	270	-172
Profit before tax	582	300	1,023	699	-106
Tax	180	110	155	243	136
Net profit	402	191	868	456	-242

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Balance sheet

DKK thousands

Item	2016	2015	2014	2013	2012
Total assets	25,587	25,363	25,406	24,725	25,392
Equity	25,187	25,124	25,033	24,263	25,060
Long-term debt	0	0	0	116	24
Short-term debt	400	239	374	462	332
Total debt	400	239	374	462	332

Financial ratios

5-year trend

EBITDA margin (of gross profit)

68.2 %

20122016

Equity ratio

98.4 %

Very strong

Among the 10% highest rated companies in the industry

20122016

Return on equity

1.6 %

Weak

Among the 40% lowest rated companies in the industry

20122016

Net profit margin (of gross profit)

70.7 %

20122016

Asset turnover (of gross profit)

0.02×

20122016

Debt / equity

0.02×

Very strong

Among the 10% highest rated companies in the industry

20122016

Sector performance

23 of 28 ratios graded

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

Profitability

Return on equity (ROE)Weak

Among the 40% 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)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)Weak

Among the 40% 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)Average

Around the average of companies in the same industry

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

Capacity ratioVery strong

Among the 10% 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 ratioVery strong

Among the 10% 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 ratioVery strong

Among the 10% 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 10% 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 strong

Among the 10% highest 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 40% 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 ratioWeak

Among the 30% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioVery strong

Among the 10% 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 ratioVery strong

Among the 10% highest 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 strong

Among the 10% highest 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 strong

Among the 10% highest 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 10% 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 coverageVery strong

Among the 20% 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 marginAverage

Around the average of companies in the same 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 strong

Among the 10% 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 weak

Among the 20% 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 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2012-01-01 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


RA Revisionsfirmaet A. Mathiasen/ Knud E. Rasmussen, Statsaut revisorer Audit	Audit	1975 – 1998
JJ Jens Jakob Rasmussen Audit	Audit	1975 – 1993
ML Myrna Larsen Management	Management	2007 – 2017
LJ Leif Jørgen Larsen Management	Management	1975 – 2015

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Leif Jørgen Larsen	Individual	100%	100%	1975

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of BAARING GRUPPEN ApS also hold positions in 10 other companies.

Person	Role here	Other companies
Myrna Larsen	Management	5 companies
Leif Jørgen Larsen	Management	5 companies

Frequently asked questions

What is the CVR number of BAARING GRUPPEN ApS?

BAARING GRUPPEN ApS is registered with CVR / Virk under CVR 53665217.

What is the gross profit of BAARING GRUPPEN ApS?

BAARING GRUPPEN ApS reported a gross profit of DKK 569.1k in 2016.

Where is BAARING GRUPPEN ApS headquartered?

BAARING GRUPPEN ApS's registered address is Fynsvej 18.