One.com SimpleSite ApS
Key figures
- Return on assets
- -59.4%
- Return on equity
- –
- Current ratio
- 59.7%
- Equity ratio
- -27.5%
Profit and loss
| Reporting period | |
|---|---|
Gross profit | 18,321,496 |
Operating profit | -12,967,691 |
Finance income | 15,220 |
Tax expense | -4,072,079 |
Profit/loss for the year | -10,856,524 |
Employees
| Reporting period | |
|---|---|
Avg. employees | 29 |
Personnel costs | 16,452,288 DKK |
Balance sheet
| Reporting period | |
|---|---|
Cash and cash equivalents | 4,337,945 |
Current assets | 7,595,043 |
Non-current assets | 14,247,650 |
Total assets | 21,842,693 |
Equity | -6,012,541 |
Liabilities | 27,855,234 |
Current liabilities | 12,720,065 |
Working capital
| Reporting period | |
|---|---|
Trade receivables | 2,081,170 |
Other current receivables | 136,178 |
Trade payables | 3,932,810 |
Capital and dividend
| Reporting period | |
|---|---|
Contributed capital | 139,180 |
Retained earnings | -6,151,721 |
Investments and assets
| Reporting period | |
|---|---|
Long-term investments and receivables | 0 |
Property, plant and equipment | 0 |
Annual report highlights
Business and development
The core activity of the Group is to develop and sell access to Simplesite.com – a tool to create DIY websites
which is delivered as a global SaaS solution (Software as a Service).
Description of material changes in activities and financesThe Group’s gross profit reached DKK 18.3 million in 2021 against DKK 20.4 million in 2020. The income
statement for 2021 showed a loss after tax of DKK 10.9 million against a profit of DKK 1.6 million in 2020. The year's loss was influenced by a impairment loss on completed projects and a change in the future business strategy.
Management considers the result to be as expected. The result in the income statement for 2022 is expected to DKK 10 – 20 million before tax as a consequence of the changes in the business strategy.
Risks and material matters
No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report.
Commitments and security
The Group participates in a Danish joint taxation arrangement in which M. Elk Holding A/S serves as the
administration company. According to the joint taxation provisions of the Danish Corporation Tax Act, the…
18 Assets charged and collateralThe Group has pledged a company charge in the Parent Company of DKK 2.1 million as collateral for debt.
At 31 December 2021, the company charge comprises the following assets with the following carrying amounts:…
Create a free account to see up to 9 years of financial history
Create free account