Loading company…
Riskpilot
← Back to search
Sign in
Get full access
GERMINATING ApS
APS
Dissolved
CVR 36443170
Kirkegade 162
Wholesale of clothing and footwear · NACE 4642
Est. 2014
4 employees
Watchlist
Share
Download PDF
Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
DKK 6M
-54% vs 2022
EBITDA margin
64.1%
-65% vs 2022
Equity ratio
18.9%
Financial strength
Net profit 2023
DKK 3M
-64% vs 2022
EBITDA — year on year
DKK millions
14M
10M
7M
3M
0M
8M
2019
6M
-25%
2020
8M
+33%
2021
11M
+38%
2022
4M
-64%
2023
Key figures
Annual report 2023
Revenue
DKK 6M
-54%
EBITDA
DKK 3,9M
-65%
Net profit
DKK 3M
-64%
Total assets
DKK 4,1M
-64%
Equity
DKK 777K
-91%
Employees
4
—
Company information
Legal name
GERMINATING ApS
CVR number
36443170
Legal form
Anpartsselskab
NACE code
4642 · Wholesale of clothing and footwear
Founded
6. oktober 2014
Share capital
DKK 80.000
Employees
4 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør.
Contact
Address
Kirkegade 162
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Wholesale of clothing and footwear
Companies in Esbjerg
All Denmark companies
Revenue
DKK millions
0M
4M
7M
11M
15M
9M
2019
7M
2020
10M
2021
13M
2022
6M
2023
EBITDA
DKK millions
0M
3M
6M
9M
13M
8M
2019
6M
2020
8M
2021
11M
2022
4M
2023
Income statement
DKK thousands
Item
2019
2020
2021
2022
2023
Revenue
9.389
7.404
9.888
13.142
6.021
Staff expenses
-1.466
-1.477
-2.149
-2.163
-2.164
EBITDA
7.923
5.927
7.738
10.979
3.857
Depreciation & amort.
-0
-0
-0
-0
-0
EBIT
7.923
5.927
7.738
10.979
3.857
Net financials
-31
-49
-122
-122
3
Profit before tax
7.893
5.878
7.617
10.857
3.860
Tax
1.753
1.308
1.680
2.394
852
Net profit
6.139
4.571
5.936
8.464
3.008
Balance sheet
DKK thousands
Item
2019
2020
2021
2022
2023
Total assets
7.374
6.469
8.733
11.310
4.104
Equity
1.249
3.669
4.006
8.569
777
Long-term debt
0
0
0
0
0
Short-term debt
6.126
2.799
4.727
2.740
3.327
Total debt
6.126
2.799
4.727
2.740
3.327
Financial ratios
5-year trend
EBITDA margin
64.1%
This company
15.8%
Market median
+306% vs market
2019
2023
Equity ratio
18.9%
This company
38.2%
Market median
-51% vs market
2019
2023
Return on equity
387.1%
This company
18.4%
Market median
+2004% vs market
2019
2023
Net profit margin
50.0%
This company
8.1%
Market median
+517% vs market
2019
2023
Asset turnover
1.47×
This company
1.12×
Market median
+31% vs market
2019
2023
Debt / equity
4.28×
This company
0.62×
Market median
-590% vs market
2019
2023
Annual reports & filings
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
TV
Thomas Vygg Kristensen
Management
Management
2014 – 2025
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
WUNDERKIND HOLDING ApS
Company
50–66.65%
50–66.65%
2014
TVK HOLDING ApS
Company
50–66.65%
50–66.65%
2014
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of GERMINATING ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Thomas Vygg Kristensen
Management
0 companies