Riskpilot← Back to searchSign inGet full accessTrue Boat Builders ApS
APSActiveCVR 77666311Fabriksvej 5Building of pleasure and sporting boats · NACE 3012Est. 198521 employees
Revenue 2025
DKK 7,9M
-12% vs 2024
EBITDA margin
-15.1%
-261% vs 2024
Equity ratio
-6.9%
Financial strength
Net profit 2025
DKK -2M
-137% vs 2024
| Revenue | DKK 7,9M | -12% |
| EBITDA | DKK -1,2M | -261% |
| Net profit | DKK -2M | -137% |
| Total assets | DKK 19,7M | +3% |
| Equity | DKK -1,4M | -1137% |
| Employees | 21 | — |
Legal name
True Boat Builders ApS
CVR number
77666311
Legal form
Anpartsselskab
NACE code
3012 · Building of pleasure and sporting boats
Founded
9. maj 1985
Share capital
DKK 200.000
Employees
21 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-09-30
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør
Company purpose
Selskabets formål er er at drive handel og fabrikation og anden virksomhed, der efter bestyrelsens skøn står i forbindelse hermed.
Address
Fabriksvej 5
Phone
+4575559155
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.035 | 13.223 | 3.012 | 5.843 | 8.835 | 11.962 | 7.133 | 10.920 | 2.261 | 10.162 | 10.600 | 10.973 | 9.421 | 9.005 | 7.919 |
| Staff expenses | -3.534 | -3.052 | -2.716 | -4.527 | -6.828 | -9.732 | -7.624 | -9.068 | -2.086 | -8.381 | -9.666 | -10.247 | -8.824 | -8.259 | -9.118 |
| EBITDA | 659 | 1.022 | 296 | 1.316 | 2.007 | 2.230 | -491 | 1.852 | 174 | 1.781 | 933 | 726 | 596 | 746 | -1.199 |
| Depreciation & amort. | -0 | -525 | -402 | -443 | -662 | -697 | -490 | -464 | -123 | -520 | -971 | -2.045 | -911 | -856 | -801 |
| EBIT | 659 | 497 | -106 | 874 | 1.345 | 1.533 | -980 | 1.388 | 51 | 1.261 | -38 | -1.319 | -315 | -110 | -2.000 |
| Net financials | -608 | -544 | -389 | -637 | -131 | -132 | -228 | -410 | -40 | -415 | -562 | -528 | -849 | -956 | -634 |
| Profit before tax | 50 | -47 | -495 | 237 | 1.214 | 1.401 | -1.209 | 978 | 12 | 845 | -600 | -1.847 | -1.164 | -1.066 | -2.635 |
| Tax | -184 | -11 | -109 | -0 | 195 | 264 | -276 | 213 | -1 | 173 | -116 | -401 | -244 | -202 | -590 |
| Net profit | 234 | -36 | -386 | 237 | 1.018 | 1.137 | -932 | 765 | 12 | 672 | -484 | -1.446 | -920 | -864 | -2.045 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 18.642 | 15.273 | 12.874 | 14.607 | 15.010 | 15.872 | 19.575 | 21.288 | 21.360 | 20.050 | 19.880 | 21.323 | 17.632 | 19.212 | 19.725 |
| Equity | — | 4.277 | 2.961 | 3.235 | 4.200 | 5.552 | 3.410 | 3.520 | 3.538 | 4.109 | 3.533 | 2.088 | 1.218 | 132 | -1.371 |
| Long-term debt | 8.256 | 3.941 | 4.778 | 4.486 | 4.324 | 3.797 | 3.430 | 3.177 | 3.129 | 6.027 | 5.196 | 4.223 | 3.556 | 2.101 | 6.193 |
| Short-term debt | 9.588 | 5.767 | 4.128 | 5.866 | 5.288 | 5.000 | 11.226 | 12.889 | 12.989 | 7.976 | 9.284 | 13.484 | 11.554 | 15.915 | 14.113 |
| Total debt | 17.844 | 9.708 | 8.906 | 10.352 | 9.611 | 8.796 | 14.656 | 16.066 | 16.118 | 14.003 | 14.481 | 17.707 | 15.110 | 18.016 | 20.307 |
EBITDA margin
-15.1%
This company
15.8%
Market median
-196% vs market
20122025
Equity ratio
-6.9%
This company
38.2%
Market median
-118% vs market
20122025
Return on equity
-204513500.0%
This company
18.4%
Market median
-1111486513% vs market
20122025
Net profit margin
-25.8%
This company
8.1%
Market median
-419% vs market
20122025
Asset turnover
0.40×
This company
1.12×
Market median
-64% vs market
20122025
Debt / equity
15.39×
This company
0.62×
Market median
-2382% vs market
20122025
- Annual report 2025Filed via CVR / Virk · Period 2024-10-01 – 2025-09-30
- Annual report 2024Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
- Annual report 2023Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
- Annual report 2022Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
- Annual report 2021Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
- Annual report 2020Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
- Annual report 2019Filed via CVR / Virk · Period 2019-07-01 – 2019-09-30
- Annual report 2019Filed via CVR / Virk · Period 2018-07-01 – 2019-06-30
- Annual report 2018Filed via CVR / Virk · Period 2017-07-01 – 2018-06-30
- Annual report 2017Filed via CVR / Virk · Period 2016-07-01 – 2017-06-30
- Annual report 2016Filed via CVR / Virk · Period 2015-07-01 – 2016-06-30
- Annual report 2015Filed via CVR / Virk · Period 2014-07-01 – 2015-06-30
- Annual report 2014Filed via CVR / Virk · Period 2013-07-01 – 2014-06-30
- Annual report 2013Filed via CVR / Virk · Period 2012-07-01 – 2013-06-30
- Annual report 2012Filed via CVR / Virk · Period 2011-07-01 – 2012-06-30
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TD Management | Management | 2018 | — | — |
FB | Audit | 1985 | — | — |
LP Management | Management | 1985 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2009 | — | — | |
| Board of Directors | 2009 | — | — | |
| Board of Directors | 1985 | — | — | |
| Board of Directors | 2020 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Hougaard 2010 ApS | Company | 50.0% | 50.0% | 2024 |
| Individual | 15.0% | 15.0% | 2024 | |
| Individual | 15.0% | 15.0% | 2024 | |
| Individual | 10.0% | 10.0% | 2024 | |
BUCHWALD YACHTS HOLDING ApS | Company | 50.0% | 50.0% | 2018 |
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True Boat Builders ApS 
NORDSHIP & FAURBY BROKERS ApSBoard members of True Boat Builders ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thomas Dan Hougaard | Management | 0 companies |
| Find Brødsgaard Schmidt | Audit | 0 companies |
| Lars Paaske Buchwald | Management | 0 companies |
| Ove Georg Rasmussen | Board of Directors | 0 companies |
| Kai Smith | Board of Directors | 0 companies |
| Jette Christiansen | Board of Directors | 0 companies |
| Paul Enevold Jørgensen | Board of Directors | 0 companies |