SISCH ApS

APSIn liquidationAdvertising protection

CVR 81607311Kongevejs-Centret 2, 2970 HørsholmVocational secondary education· NACE 8532Est. 1976 · 49 years old8 employees

Overview

SISCH ApS is a Danish APS based in Hørsholm, operating in the Vocational secondary education sector. Incorporated in 1976, the company has 8 employees and reported a gross profit of DKK 348.6k in its latest annual filing.

Gross profit 2019

348.6K DKK

−30% vs 2018

EBITDA margin (of gross profit)

49.0 %

−15% vs 2018

Net profit 2019

128.8K DKK

-14% vs 2018

Key ratios

See full ratios →

34.9 %

Average

Around the average of companies in the same industry

20152019

1.5×

Average

Around the average of companies in the same industry

20152019

54.3 %

Very strong

Among the 10% highest rated companies in the industry

20152019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	348.6K DKK	-30%
EBITDA	170.7K DKK	-15%
Net profit	128.8K DKK	-14%
Total assets	237.3K DKK	+82%
Equity	82.8K DKK	+280%
Employees	8	—

Contact

Address

Kongevejs-Centret 2, 2970 Hørsholm

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2019), SISCH ApS reported a gross profit of DKK 348.6k, a decrease of 30% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net profit of DKK 128.8k, and the EBITDA margin stood at 49%.

At the end of 2019, equity financed 34.9% of the balance sheet, and current assets covered short-term debt 1.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016	2015
Gross profit	349	495	579	668	667
Staff expenses	-178	-295	-681	-711	-733
EBITDA	171	200	-102	-42	-66
Depreciation & amort.	-0	-5	-11	-20	-19
EBIT	171	195	-113	-62	-85
Net financials	-5	-3	-3	-2	-3
Profit before tax	165	192	-116	-65	-88
Tax	36	42	-25	-14	-19
Net profit	129	150	-91	-51	-69

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016	2015
Total assets	237	130	200	273	133
Equity	83	-46	-196	-105	-54
Long-term debt	0	0	0	0	0
Short-term debt	155	176	396	378	188
Total debt	155	176	396	378	188

Financial ratios

5-year trend

EBITDA margin (of gross profit)

49.0 %

20152019

Equity ratio

34.9 %

Average

Around the average of companies in the same industry

20152019

Return on equity

155.6 %

Very strong

Among the 10% highest rated companies in the industry

20152019

Net profit margin (of gross profit)

37.0 %

20152019

Asset turnover (of gross profit)

1.47×

20152019

Debt / equity

1.87×

Weak

Among the 30% lowest rated companies in the industry

20152019

Sector performance

22 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 strong

Among the 10% 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)Very strong

Among the 10% 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)Very strong

Among the 10% 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)Very strong

Among the 10% 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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 equityWeak

Among the 30% 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 equityWeak

Among the 30% 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 strong

Among the 20% 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 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 30% lowest rated companies in the industry

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

Interest marginVery strong

Among the 10% 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 capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtStrong

Among the 40% highest 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.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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

Annual reports & filings

Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF
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

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (5)


GA Gert Aage Larsen Management	Management	1976 – 2016
ES Elmer Stuhr Management	Management	1976 – 2017
BS Bettina Stuhr Management	Management	2016 – 2020
MS Malene Stuhr Management	Management	2016 – 2020
NC Niels Christian Christiansen Management	Management	1976 – 2016

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Ronni Sigenstrøm Lund	Individual	15–19.99%	15–19.99%	2014
Gert Aage Larsen	Individual	20–24.99%	20–24.99%	2014
Elmer Stuhr	Individual	66.67–89.99%	66.67–89.99%	2016
Bente Stuhr	Individual	100%	100%	2020
Niels Christian Christiansen	Individual	20–24.99%	20–24.99%	2014
Jan Holger Larsen	Individual	15–19.99%	15–19.99%	2014

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 SISCH ApS also hold positions in 7 other companies.

Person	Role here	Other companies
Gert Aage Larsen	Management	3 companies
Elmer Stuhr	Management	1 company
Bettina Stuhr	Management	1 company
Malene Stuhr	Management	1 company
Niels Christian Christiansen	Management	1 company

Frequently asked questions

What is the CVR number of SISCH ApS?

SISCH ApS is registered with CVR / Virk under CVR 81607311.

What is the gross profit of SISCH ApS?

SISCH ApS reported a gross profit of DKK 348.6k in 2019.

How many employees does SISCH ApS have?

SISCH ApS employs 8 people as of the latest annual report.

Where is SISCH ApS headquartered?

SISCH ApS's registered address is Kongevejs-Centret 2.