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Smartbake Bakery Group ApS
APS
Bankrupt
CVR 38525883
Jegstrupvej 54
Manufacture of bread; manufacture of fresh pastry goods and cakes · NACE 1071
Est. 2017
17 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2021
DKK 5,4M
+124% vs 2020
EBITDA margin
14.9%
+125% vs 2020
Equity ratio
-252.2%
Financial strength
Net profit 2021
DKK -286K
+96% vs 2020
EBITDA — year on year
DKK millions
0M
0M
1M
1M
1M
-6M
2018
-6M
0%
2019
-3M
+50%
2020
1M
+133%
2021
Key figures
Annual report 2021
Revenue
DKK 5,4M
+124%
EBITDA
DKK 809K
+125%
Net profit
DKK -286K
+96%
Total assets
DKK 5,4M
+43%
Equity
DKK -13,7M
-2%
Employees
17
—
Company information
Legal name
Smartbake Bakery Group ApS
CVR number
38525883
Legal form
Anpartsselskab
NACE code
1071 · Manufacture of bread; manufacture of fresh pastry goods and cakes
Founded
15. marts 2017
Share capital
DKK 107.143
Employees
17 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-06-30
Financial year
January – December
Signatory rights
Selskabet tegnes af bestyrelsesformanden og direktionen i forening.
Contact
Address
Jegstrupvej 54
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Explore
Companies in Manufacture of bread; manufacture of fresh pastry goods and cakes
Companies in Aarhus
All Denmark companies
Revenue
DKK millions
0M
1M
3M
4M
6M
-4M
2018
-1M
2019
2M
2020
5M
2021
EBITDA
DKK millions
0M
0M
1M
1M
1M
-6M
2018
-6M
2019
-3M
2020
1M
2021
Income statement
DKK thousands
Item
2018
2019
2020
2021
Revenue
-3.959
-526
2.423
5.438
Staff expenses
-2.513
-5.069
-5.589
-4.428
EBITDA
-6.472
-5.713
-3.194
809
Depreciation & amort.
-51
-452
-459
-698
EBIT
-6.523
-6.165
-3.654
111
Net financials
-480
-905
-1.446
-397
Profit before tax
-7.003
-7.070
-5.100
-286
Tax
-1.534
44
1.493
-0
Net profit
-5.469
-7.113
-6.593
-286
Balance sheet
DKK thousands
Item
2018
2019
2020
2021
Total assets
6.108
7.095
3.808
5.445
Equity
-3.469
-7.241
-13.446
-13.731
Long-term debt
3.946
8.115
10.739
10.915
Short-term debt
5.631
6.221
6.514
8.261
Total debt
9.577
14.336
17.254
19.176
Financial ratios
5-year trend
EBITDA margin
14.9%
This company
15.8%
Market median
-6% vs market
2018
2021
Equity ratio
-252.2%
This company
38.2%
Market median
-760% vs market
2018
2021
Return on equity
-28579000.0%
This company
18.4%
Market median
-155320752% vs market
2018
2021
Net profit margin
-5.3%
This company
8.1%
Market median
-165% vs market
2018
2021
Asset turnover
1.00×
This company
1.12×
Market median
+11% vs market
2018
2021
Debt / equity
1.40×
This company
0.62×
Market median
-126% vs market
2018
2021
Annual reports & filings
Annual report 2021
Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-07-01 – 2020-06-30
View
PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-07-01 – 2019-06-30
View
PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-03-15 – 2018-06-30
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
AH
Anders Høy Thomsen
Management
Management
2017
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
RL
Rasmus Linnet
Board of Directors
2017
—
—
RK
Rasmus Kvist Maarbjerg
Board of Directors
2017
—
—
KL
Karsten Leed
Board of Directors
2022
—
—
SB
Steffen Bagge
Chairman
2017
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
King Kong ApS
Company
10.0%
10.0%
2018
Malbin Invest ApS
Company
15.0%
15.0%
2019
Fortiz Invest ApS
Company
50.0%
50.0%
2019
SH Management ApS
Company
15.0%
15.0%
2019
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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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Smartbake Bakery Group ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Anders Høy Thomsen
Management
0 companies
Rasmus Linnet
Board of Directors
0 companies
Rasmus Kvist Maarbjerg
Board of Directors
0 companies
Karsten Leed
Board of Directors
0 companies
Steffen Bagge
Chairman
0 companies