Selskabet af 29. oktober 2018 ApS - CVR: 29183716

2017, DKK

20.06.2018

Bruttoresultat

10.953'

Primær drift

-20.957'

Årets resultat

-15.651'

Aktiver

13.038'

Kortfristede aktiver

7.481'

Egenkapital

-30.489'

Afkastningsgrad

-161 %

Soliditetsgrad

-234 %

Likviditetsgrad

24 %

Resultat

20.06.2018

Årsrapport	2017 20.06.2018	2016 29.05.2017	2015 14.06.2016
Nettoomsætning
Bruttoresultat	10.953.197	18.869.035	27.685.392
Resultat af primær drift	-20.956.565	-7.590.801	-4.633.864
Indtægter af kapitalandele (tilknyttede og associerede)	5.222.265	0	0
Finansielle indtægter	1.478.538	36	198.992
Finansieringsomkostninger	-303.760	-458.643	-212.513
Andre finansielle omkostninger	0	0	0
Resultat før skat	-14.559.522	-8.617.766	-8.033.378
Resultat	-15.651.040	-6.419.141	-7.873.418
Forslag til udbytte	0	0	0

Aktiver

20.06.2018

Årsrapport	2017 20.06.2018	2016 29.05.2017	2015 14.06.2016
Kortfristede varebeholdninger	0	0	0
Kortfristede tilgodehavender fra salg og tjenesteydelser	7.480.713	11.774.636	10.198.248
Likvider	0	1.241.045	41.924
Kortfristede aktiver	7.480.713	13.015.681	10.240.172
Immaterielle aktiver og goodwill	575.023	4.300.579	5.375.719
Finansielle anlægsaktiver	4.982.599	1.735.769	1.033.663
Materielle aktiver	0	0	0
Langfristede aktiver	5.557.622	6.036.348	6.409.382
Aktiver	13.038.335	19.052.029	16.649.554

Aktiver

20.06.2018

Passiver

20.06.2018

Årsrapport	2017 20.06.2018	2016 29.05.2017	2015 14.06.2016
Forslag til udbytte	0	0	0
Egenkapital	-30.488.604	-13.108.950	-16.758.147
Hensatte forpligtelser	2.155.596	1.149.228	2.964.453
Langfristet gæld til banker	0	0	0
Anden langfristet gæld	0	0	0
Leverandører af varer og tjenesteydelser	4.873.525	552.564	1.680.532
Kortfristede forpligtelser	31.371.343	21.011.751	30.443.248
Gældsforpligtelser	41.371.343	31.011.751	30.443.248
Forpligtelser	41.371.343	31.011.751	30.443.248
Passiver	13.038.335	19.052.029	16.649.554

Passiver

20.06.2018

Nøgletal

20.06.2018

Årsrapport	2017 20.06.2018	2016 29.05.2017	2015 14.06.2016
Afkastningsgrad	-160,7 %	-39,8 %	-27,8 %
Dækningsgrad	Na.	Na.	Na.
Resultatgrad	Na.	Na.	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.
Egenkapitals-forretning	51,3 %	49,0 %	47,0 %
Payout-ratio	Na.	Na.	Na.
Gældsdæknings-nøgletal	-6.899,1 %	-1.655,1 %	-2.180,5 %
Soliditestgrad	-233,8 %	-68,8 %	-100,7 %
Likviditetsgrad	23,8 %	61,9 %	33,6 %

Resultat

20.06.2018

Gæld

20.06.2018

Årsrapport

20.06.2018

Nyeste:01.01.2017- 31.12.2017(offentliggjort: 20.06.2018)

Information om virksomhedens regnskabsklasse:The annual report of Presidents Institute ApS for 2017 has been prepared in accordance with the provisions applying to reporting class B entities under the Danish Financial Statements Act with option from higher reporting classes.

Oplysning om pantsætninger og sikkerhedsstillelser:As collateral for debt to credit institutions, a floating charge of DKK 5.000.000 has been given in intangible assets, property, plant and equipment and trade receivables. The total carrying amount of the collateralised assets is DKK 4,047,956.

Beretning

20.06.2018

Dato for ledelsens godkendelse af årsrapporten:2018-06-18

Beskrivelse af usædvanlige forhold, der kan have påvirket indregningen eller målingen:The company has in 2017 realized significant losses and has a significant negative equity position. The overall economic position is a result of several years of expansion towards the market. In 2017 the company have realized a decreasing topline and higher staff costs. Therefore a turnaround was initiated in December 2017 and the budget for 2018 is therefore based on the lower activity similar to 2017 but with a significant reduction in the company’s staff costs. Majority shareholders have in May 2018 completed a DKK 10 million debt conversion and provided a DKK 5 million cash equity injection as well as committed a DKK 2 million loan facility. The bank has extended its line of credit until January 2019. Based on this, the financial statements for 2017 has been prepared under the going concern assumption.

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:The Board of Directors and the Executive Board have today discussed and approved the annual report of Presidents Institute ApS for the financial year 1 January – 31 December 2017.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:The company’s activities are focused on inspiration, motivation and education of executives in a networking setting. This is done by conducting scheduled networking meetings for the various types of members only groups (Club and Circles) and by conducting two annual Presidents Summits for members, ticketholders and partners.