RELIART ApS

APSBankrupt

CVR 80696019Bygaden 68, 8700 HorsensEngros- og detailhandel med campingkøretøjer, små trailere mv.· NACE 451910Est. 1977 · 49 years old1 employees

Overview

RELIART ApS is a Danish APS based in Horsens, operating in the Engros- og detailhandel med campingkøretøjer, små trailere mv. sector. Incorporated in 1977, the company has 1 employee and reported a gross profit of DKK 930.3k in its latest annual filing.

Gross profit 2013

0.9M DKK

+15% vs 2012

EBITDA margin (of gross profit)

25.7 %

+20% vs 2012

Net profit 2013

-0.3M DKK

-7004% vs 2012

Key ratios

See full ratios →

9.7 %

Weak

Among the 30% lowest rated companies in the industry

20122013

1.1×

Weak

Among the 40% lowest rated companies in the industry

20122013

-15.9 %

Very weak

Among the 20% lowest rated companies in the industry

20122013

EBITDA — year on year

DKK thousands

Key figures

Annual report 2013

Gross profit	0.9M DKK	+15%
EBITDA	0.2M DKK	+20%
Net profit	-0.3M DKK	-7004%
Total assets	2.2M DKK	-11%
Equity	0.2M DKK	-62%
Employees	1	—

Financial development

In its most recent annual report (2013), RELIART ApS reported a gross profit of DKK 930.3k, an increase of 15% on the year before. The figures on this page draw on 2 annual filings covering 2012 to 2013. The bottom line showed a net loss of DKK 349.8k, and the EBITDA margin stood at 25.7%.

At the end of 2013, equity financed 9.7% of the balance sheet, and current assets covered short-term debt 1.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2013	2012
Gross profit	930	809
Staff expenses	-691	-609
EBITDA	240	200
Depreciation & amort.	-18	17
EBIT	221	183
Net financials	-221	-177
Profit before tax	0	5
Tax	-0	-0
Net profit	-350	5

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Balance sheet

DKK thousands

Item	2013	2012
Total assets	2,196	2,456
Equity	212	562
Long-term debt	0	0
Short-term debt	1,984	1,894
Total debt	1,984	1,894

Financial ratios

5-year trend

EBITDA margin (of gross profit)

25.7 %

20122013

Equity ratio

9.7 %

Weak

Among the 30% lowest rated companies in the industry

20122013

Return on equity

-165.0 %

Very weak

Among the 10% lowest rated companies in the industry

20122013

Net profit margin (of gross profit)

-37.6 %

20122013

Asset turnover (of gross profit)

0.42×

20122013

Debt / equity

9.36×

Very weak

Among the 10% lowest rated companies in the industry

20122013

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)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 20% 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)Strong

Among the 40% 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 ratioStrong

Among the 40% 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 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 30% 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 ratioVery weak

Among the 20% 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 equityVery weak

Among the 10% 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 capitalWeak

Among the 30% 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 ratioVery weak

Among the 10% lowest rated companies in the 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 10% 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 10% 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 debtAverage

Around the average of companies in the same industry

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

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 10% lowest rated companies in the industry

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

Interest marginVery weak

Among the 20% lowest 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 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.

One-year change in equityVery weak

Among the 10% lowest rated companies in the industry

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

One-year change in debtAverage

Around the average of companies in the same 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 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)


PA Per Aage Boelsmand Audit	Audit	1977 – 2007
TJ Thor Johannesen Management	Management	1977 – 1993
Rr Reg. revisor Poul Quist Andersen Audit	Audit	1977 – 1993
JC Jørn Christian Sørensen Management	Management	1977 – 2014

Board of directors

Non-executive oversight

No data on file.

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

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of RELIART ApS also hold positions in 1 other company.

Person	Role here	Other companies
Thor Johannesen	Management	1 company

Frequently asked questions

What is the CVR number of RELIART ApS?

RELIART ApS is registered with CVR / Virk under CVR 80696019.

What is the gross profit of RELIART ApS?

RELIART ApS reported a gross profit of DKK 930.3k in 2013.

How many employees does RELIART ApS have?

RELIART ApS employs 1 people as of the latest annual report.

Where is RELIART ApS headquartered?

RELIART ApS's registered address is Bygaden 68.