APPENDIX FINANS ApS

APSActive

CVR 87961710Rønvangen 26, 8382 HinnerupOther support activities for transportation· NACE 5226Est. 1984 · 41 years old1 employees

Overview

APPENDIX FINANS ApS is a Danish APS based in Hinnerup, operating in the Other support activities for transportation sector. Incorporated in 1984, the company has 1 employee and reported a gross profit of -DKK 65.4k in its latest annual filing.

Gross profit 2026

-0.1M DKK

−23% vs 2025

EBITDA margin (of gross profit)

100.0 %

+23% vs 2025

Net profit 2026

0.6M DKK

+22% vs 2025

Key ratios

See full ratios →

99.2 %

Very strong

Among the 10% highest rated companies in the industry

20222026

1.5×

Average

Around the average of companies in the same industry

20222026

5.8 %

Average

Around the average of companies in the same industry

20222026

EBITDA — year on year

DKK thousands

Key figures

Annual report 2026

Gross profit	-0.1M DKK	-23%
EBITDA	-0.1M DKK	+23%
Net profit	0.6M DKK	+22%
Total assets	10.8M DKK	+5%
Equity	10.8M DKK	+5%
Employees	1	—

Financial development

In its most recent annual report (2026), APPENDIX FINANS ApS reported a gross profit of -DKK 65.4k. The figures on this page draw on 5 annual filings covering 2022 to 2026. The bottom line showed a net profit of DKK 628.8k.

At the end of 2026, equity financed 99.2% 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	2026	2025	2024	2023	2022
Gross profit	-65	-85	-62	-54	-58
Staff expenses	-0	-0	-240	-200	-200
EBITDA	-65	-85	-302	-254	-258
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-65	-85	-302	-254	-258
Net financials	874	747	728	526	288
Profit before tax	808	661	426	272	30
Tax	179	146	94	60	11
Net profit	629	516	332	212	19

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Balance sheet

DKK thousands

Item	2026	2025	2024	2023	2022
Total assets	10,845	10,293	12,744	12,530	12,433
Equity	10,757	10,263	12,719	12,505	12,408
Long-term debt	0	0	0	0	0
Short-term debt	88	30	25	25	25
Total debt	88	30	25	25	25

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20222026

Equity ratio

99.2 %

Very strong

Among the 10% highest rated companies in the industry

20222026

Return on equity

5.8 %

Weak

Among the 40% lowest rated companies in the industry

20222026

Net profit margin (of gross profit)

>999 %

20222026

Asset turnover (of gross profit)

-0.01×

20222026

Debt / equity

0.01×

Very strong

Among the 10% highest rated companies in the industry

20222026

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)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)Weak

Among the 40% lowest rated companies in the industry

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

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.

Capacity ratioNot rated

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

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.

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 ratioVery strong

Among the 20% 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 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 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 weak

Among the 10% lowest rated companies in the industry

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

Interest coverageWeak

Among the 30% lowest rated companies in the 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 10% 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 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 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 10% 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 2026
Filed via CVR / Virk · Period 2025-04-01 – 2026-03-31
View PDF
Annual report 2025
Filed via CVR / Virk · Period 2024-04-01 – 2025-03-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-04-01 – 2024-03-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-04-01 – 2023-03-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-04-01 – 2022-03-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
PH Poul Holmboe Management	Management	1984

Former (1)


HS Henrik Steenfeldt Jacobsen Audit	Audit	1984 – 1997

Board of directors

Non-executive oversight

Name	Role	Member since

Former (4)


PH Poul Holmboe Board of Directors	Board of Directors	1984 – 2008
BH Bitten Holmboe Board of Directors	Board of Directors	1984 – 2008
FK Flemming Kirkholt Board of Directors	Board of Directors	1984 – 2008
CE Carl Elgaard Mikkelsen Board of Directors	Board of Directors	1984 – 1990

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Poul Holmboe	Individual	100%	100%	1984

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of APPENDIX FINANS ApS also hold positions in 18 other companies.

Person	Role here	Other companies
Henrik Steenfeldt Jacobsen	Audit	14 companiesMany roles
Carl Elgaard Mikkelsen	Board of Directors	2 companies
Poul Holmboe	Management	1 company
Flemming Kirkholt	Board of Directors	1 company

Frequently asked questions

What is the CVR number of APPENDIX FINANS ApS?

APPENDIX FINANS ApS is registered with CVR / Virk under CVR 87961710.

What is the gross profit of APPENDIX FINANS ApS?

APPENDIX FINANS ApS reported a gross profit of -DKK 65.4k in 2026.

How many employees does APPENDIX FINANS ApS have?

APPENDIX FINANS ApS employs 1 people as of the latest annual report.

Where is APPENDIX FINANS ApS headquartered?

APPENDIX FINANS ApS's registered address is Rønvangen 26.