OTTO SCHACHNER ApS

APSDissolved

CVR 66119718Prinsessens Kvarter 2, 7000 FredericiaNon-specialised wholesale trade· NACE 4690Est. 1980 · 46 years old35 employees

Overview

OTTO SCHACHNER ApS is a Danish APS based in Fredericia, operating in the Non-specialised wholesale trade sector. Incorporated in 1980, the company has 35 employees and reported a gross profit of DKK 37.9m in its latest annual filing.

Gross profit 2021

37.9M DKK

+8% vs 2020

EBITDA margin (of gross profit)

49.7 %

+20% vs 2020

Net profit 2021

15.4M DKK

+46% vs 2020

Key ratios

See full ratios →

56.0 %

Strong

Among the 40% highest rated companies in the industry

20172021

2.1×

Strong

Among the 40% highest rated companies in the industry

20172021

13.4 %

Strong

Among the 30% highest rated companies in the industry

20172021

EBITDA — year on year

DKK millions

Key figures

Annual report 2021

Gross profit	37.9M DKK	+8%
EBITDA	18.9M DKK	+20%
Net profit	15.4M DKK	+46%
Total assets	114.9M DKK	+35%
Equity	64.3M DKK	+19%
Employees	35	—

Financial development

In its most recent annual report (2021), OTTO SCHACHNER ApS reported a gross profit of DKK 37.9m, an increase of 8% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of DKK 15.4m, and the EBITDA margin stood at 49.7%.

At the end of 2021, equity financed 56% of the balance sheet, and current assets covered short-term debt 2.1 times.

Financials

Gross profit

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2021	2020	2019	2018	2017
Gross profit	37,914	35,134	27,934	26,081	26,493
Staff expenses	-19,062	-19,395	-18,079	-17,189	-16,052
EBITDA	18,852	15,739	9,855	8,888	10,428
Depreciation & amort.	-919	-885	-840	-807	-861
EBIT	17,933	14,854	9,015	8,082	9,567
Net financials	1,487	-1,271	-1,444	-1,402	-1,067
Profit before tax	19,420	13,583	7,571	6,680	8,500
Tax	4,035	3,041	1,695	1,487	1,883
Net profit	15,385	10,542	5,876	5,194	6,617

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Balance sheet

DKK thousands

Item	2021	2020	2019	2018	2017
Total assets	114,906	84,892	83,658	75,839	82,359
Equity	64,341	54,172	47,365	44,989	44,795
Long-term debt	0	1,555	2,237	2,004	2,227
Short-term debt	50,122	28,898	33,710	28,411	35,019
Total debt	50,122	30,452	35,947	30,415	37,246

Financial ratios

5-year trend

EBITDA margin (of gross profit)

49.7 %

20172021

Equity ratio

56.0 %

Strong

Among the 40% highest rated companies in the industry

20172021

Return on equity

23.9 %

Strong

Among the 40% highest rated companies in the industry

20172021

Net profit margin (of gross profit)

40.6 %

20172021

Asset turnover (of gross profit)

0.33×

20172021

Debt / equity

0.79×

Average

Around the average of companies in the same industry

20172021

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)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)Strong

Among the 30% highest 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)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 30% 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 ratioVery strong

Among the 20% 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 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 ratioAverage

Around the average of companies in the same 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 equityAverage

Around the average of companies in the same 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 capitalAverage

Around the average of companies in the same 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 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 ratioStrong

Among the 40% 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 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 debtStrong

Among the 30% highest rated companies in the industry

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

EBITDA to debtStrong

Among the 30% highest rated companies in the industry

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

Interest coverageStrong

Among the 30% 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 marginStrong

Among the 30% 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

Equity to contributed capitalVery strong

Among the 20% 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 equityStrong

Among the 30% highest 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 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 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (5)


OH Otto Herreborg Schachner Management	Management	1980 – 1994
BE Bente Elisabeth Schachner Management	Management	1980 – 2001
NO Niels Otto Herreborg Schachner Management	Management	1980 – 2010
HH Henrik Hebsgaard Backs Management	Management	2018 – 2022
JL Jan Lund Chief Executive Officer	Chief Executive Officer	2010 – 2022

Board of directors

Non-executive oversight

Name	Role	Member since

Former (11)


AH Annette Herreborg Schachner Board of Directors	Board of Directors	1980 – 2001
AG Albert Gilyaev Board of Directors	Board of Directors	2010 – 2022
NU Niels Uhrskov Larsen Board of Directors	Board of Directors	2001 – 2010
OH Otto Herreborg Schachner Chairman	Chairman	1980 – 2010
MR Miroslav Rous Board of Directors	Board of Directors	2010 – 2022
BE Bente Elisabeth Schachner Board of Directors	Board of Directors	1980 – 2001
SS Sergey Shiryaev Chairman	Chairman	2010 – 2022
NO Niels Otto Herreborg Schachner Board of Directors	Board of Directors	2001 – 2010
JL Jan Lund Board of Directors	Board of Directors	2006 – 2022
PH Petr Horák Chairman	Chairman	2022 – 2022
PL Peter Larsen Board of Directors	Board of Directors	2001 – 2002

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Cerva Group a.s.	Individual	100%	100%	2013

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 OTTO SCHACHNER ApS also hold positions in 12 other companies.

Person	Role here	Other companies
Henrik Hebsgaard Backs	Management	6 companiesMany roles
Jan Lund	Chief Executive Officer	3 companies
Niels Otto Herreborg Schachner	Management	1 company
Niels Uhrskov Larsen	Board of Directors	1 company
Petr Horák	Chairman	1 company

Frequently asked questions

What is the CVR number of OTTO SCHACHNER ApS?

OTTO SCHACHNER ApS is registered with CVR / Virk under CVR 66119718.

What is the gross profit of OTTO SCHACHNER ApS?

OTTO SCHACHNER ApS reported a gross profit of DKK 37.9m in 2021.

How many employees does OTTO SCHACHNER ApS have?

OTTO SCHACHNER ApS employs 35 people as of the latest annual report.

Where is OTTO SCHACHNER ApS headquartered?

OTTO SCHACHNER ApS's registered address is Prinsessens Kvarter 2.