LS HANDEL ApS is a Danish APS based in Rønde, operating in the Other specialised wholesale n.e.c. sector. Incorporated in 1983, the company has 1 employee and reported a gross profit of DKK 674.1k in its latest annual filing.
| Gross profit | 0.7M DKK | +12% |
| EBITDA | 0.7M DKK | +12% |
| Net profit | 0.3M DKK | +366% |
| Total assets | 7M DKK | -2% |
| Equity | -3.4M DKK | +9% |
| Employees | 1 | — |
In its most recent annual report (2025), LS HANDEL ApS reported a gross profit of DKK 674.1k, an increase of 12% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 329.8k, and the EBITDA margin stood at 100%.
At the end of 2025, current assets covered short-term debt 0.2 times.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Gross profit | 674 | 602 | 474 | 263 | 449 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 674 | 602 | 474 | 263 | 449 |
| Depreciation & amort. | -34 | -34 | -34 | -34 | -34 |
| EBIT | 640 | 568 | 440 | 228 | 414 |
| Net financials | -310 | -744 | -237 | 116 | -42 |
| Profit before tax | 330 | -176 | 202 | 344 | 373 |
| Tax | -0 | -52 | -55 | -66 | -0 |
| Net profit | 330 | -124 | 257 | 410 | 373 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 7,025 | 7,146 | 7,510 | 7,619 | 7,549 |
| Equity | -3,369 | -3,699 | -3,575 | -3,832 | -4,242 |
| Long-term debt | 4,351 | 4,432 | 4,510 | 4,586 | 4,865 |
| Short-term debt | 6,043 | 6,414 | 6,575 | 6,866 | 6,926 |
| Total debt | 10,394 | 10,846 | 11,085 | 11,451 | 11,791 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 flow relative to profit — the ability to convert reported profits into accessible cash.
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.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
LS Management | Management | 1983 |
| Audit | 1983 – 1988 |
| Name | Role | Member since |
|---|
LS Board of Directors | Board of Directors | 1983 – 2015 |
UL Board of Directors | Board of Directors | 2006 – 2007 |
MH Board of Directors | Board of Directors | 1983 – 2009 |
EL Board of Directors | Board of Directors | 1983 – 1997 |
JH Board of Directors | Board of Directors | 2009 – 2015 |
FL Board of Directors | Board of Directors | 1983 – 1996 |
GR Chairman | Chairman | 1983 – 2015 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 90–99.99% | 33.33–49.99% | 2016 | |
| Individual | 10–14.99% | 50–66.65% | 2016 |
| Person | Role here | Other companies |
|---|---|---|
| Gert Rode Madsen | Chairman | 12 companiesMany roles |
| Eskild Lyngholm | Board of Directors | 11 companiesMany roles |
| Lars Sørensen | Management | 4 companies |
| Jacob Holmen | Board of Directors | 1 company |