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APSActiveCVR 36068280Kaj Mogensens Vej 4Manufacture of tubes, pipes, hollow profiles and related fittings, of steel · NACE 2420Est. 201434 employees
Revenue 2024
DKK 5,5M
-67% vs 2023
EBITDA margin
-127.5%
-332% vs 2023
Equity ratio
-41.6%
Financial strength
Net profit 2024
DKK -9,2M
-1377% vs 2023
| Revenue | DKK 5,5M | -67% |
| EBITDA | DKK -7M | -332% |
| Net profit | DKK -9,2M | -1377% |
| Total assets | DKK 20,3M | -24% |
| Equity | DKK -8,4M | -436% |
| Employees | 34 | — |
Legal name
Baltic Steelwork ApS
CVR number
36068280
Legal form
Anpartsselskab
NACE code
2420 · Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Founded
20. august 2014
Share capital
DKK 2.000.000
Employees
34 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af selskabets direktør i forening med bestyrelsesformanden eller af den samlede bestyrelse.
Company purpose
Selskabets formål er fremstilling og salg af stålkonstuktioner og dertil hørende produkter.
Address
Kaj Mogensens Vej 4
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 822 | 5.906 | 8.625 | 6.663 | 7.654 | 10.589 | 6.640 | 14.393 | 16.468 | 5.504 |
| Staff expenses | -0 | -4.634 | -7.079 | -5.477 | -10.010 | -9.539 | -9.027 | -11.129 | -13.440 | -12.525 |
| EBITDA | -1.105 | 1.272 | 1.546 | 1.186 | -2.357 | 1.019 | -2.526 | 3.264 | 3.028 | -7.020 |
| Depreciation & amort. | -0 | -220 | 322 | 210 | -524 | -725 | -921 | -944 | -982 | -1.052 |
| EBIT | -1.105 | 1.052 | 1.225 | 976 | -2.880 | 294 | -3.447 | 2.321 | 2.045 | -8.072 |
| Net financials | -412 | -298 | -373 | -478 | -282 | -233 | -415 | -537 | -1.118 | -1.139 |
| Profit before tax | -1.517 | 754 | 852 | 498 | -3.162 | 61 | -3.862 | 1.783 | 928 | -9.212 |
| Tax | -0 | -144 | 211 | 59 | -617 | 18 | -626 | 202 | 207 | -0 |
| Net profit | -1.517 | 898 | 641 | 439 | -2.546 | 43 | -3.236 | 1.582 | 721 | -9.212 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 3.147 | 4.812 | 6.498 | 7.970 | 9.510 | 16.881 | 20.866 | 24.404 | 26.541 | 20.302 |
| Equity | -1.467 | -568 | 73 | 512 | 1.966 | 3.421 | 185 | 1.794 | 2.515 | -8.447 |
| Long-term debt | 2.084 | 2.036 | 2.073 | 2.013 | 1.439 | 7.972 | 12.293 | 12.491 | 11.929 | 17.835 |
| Short-term debt | 2.530 | 3.344 | 3.966 | 5.064 | 6.105 | 5.488 | 8.388 | 9.865 | 12.097 | 10.914 |
| Total debt | 4.614 | 5.380 | 6.039 | 7.076 | 7.543 | 13.460 | 20.681 | 22.355 | 24.027 | 28.749 |
EBITDA margin
-127.5%
This company
15.8%
Market median
-907% vs market
20152024
Equity ratio
-41.6%
This company
38.2%
Market median
-209% vs market
20152024
Return on equity
-921153100.0%
This company
18.4%
Market median
-5006266948% vs market
20152024
Net profit margin
-167.3%
This company
8.1%
Market median
-2165% vs market
20152024
Asset turnover
0.27×
This company
1.12×
Market median
-76% vs market
20152024
Debt / equity
3.40×
This company
0.62×
Market median
-448% vs market
20152024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2014-08-20 – 2015-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
PM Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
CD Founder | Founder | 2014 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2025 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
OCEAN PRAWNS A/S | Company | 100.0% | 100.0% | 2025 |
CD Holding 2019 ApS | Company | 50.0% | 50.0% | 2019 |
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DANIEL OCEAN ApS
Baltic Steelwork ApS Board members of Baltic Steelwork ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Per Munch Jensen | Chief Executive Officer | 0 companies |
| Claus Duevang | Founder | 0 companies |
| Steen Nielsen | Board of Directors | 0 companies |
| Daniel Barslund | Chairman | 0 companies |
| Jim Frausing | Board of Directors | 0 companies |
| Per Kofod | Board of Directors | 0 companies |
| Mads Boss | Board of Directors | 0 companies |