Advanced Oxygen Technologies, Inc. is a holding company that conducts its operations through two wholly owned subsidiaries. The firm’s primary activities consist of leasing commercial real estate in Denmark and distributing cargo security products in Europe, South America and North America. Through its subsidiary Anton Nielsen Vojens ApS the company owns and manages a property that is leased to a fuel retailer. Through its subsidiary Sharx DK ApS the firm acts as a…
Advanced Oxygen Technologies, Inc. is a holding company that conducts its operations through two wholly owned subsidiaries. The firm’s primary activities consist of leasing commercial real estate in Denmark and distributing cargo security products in Europe, South America and North America. Through its subsidiary Anton Nielsen Vojens ApS the company owns and manages a property that is leased to a fuel retailer. Through its subsidiary Sharx DK ApS the firm acts as a nonexclusive distributor of Cleaver ApS cargo security straps and tie downs. The company continues to seek acquisitions or mergers that would complement its existing businesses and increase earnings potential.
The company’s revenue is derived mainly from lease payments received from Anton Nielsen Vojens ApS for the real estate leased to Circle K Denmark A/S formerly Statoil A/S. The lease agreement runs until 2026 and provides a steady stream of income. Sharx DK ApS generates revenue from the sale of Cleaver ApS cargo security straps and tie downs under a nonexclusive distribution agreement covering Europe South America and North America. At present Sharx has recorded no sales because the manufacturer has been unable to deliver product due to supply chain disruptions related to the COVID pandemic. The firm expects revenue to resume once product deliveries are restored and it can secure new customers.
The company operates through the following segments: Real Estate Leasing and Product Distribution.
• Real Estate Leasing: This segment owns and manages a commercial real estate property in Vojens Denmark that is leased to Circle K Denmark A/S formerly Statoil A/S under a lease extending to 2026. The segment handles property maintenance, tenant relations and all associated administrative functions.
• Product Distribution: This segment distributes Cleaver ApS cargo security straps and tie downs for load restraint in the logistics and cargo industry across Europe South America and North America acting as a nonexclusive distributor for the manufacturer. The segment is responsible for marketing, sales order fulfillment and customer service related to these products.
In the real estate leasing area the company faces competition from other vacant commercial properties in Vojens Denmark but believes it has no direct identifiable competitors due to its long term lease with Circle K Denmark A/S. The stable tenancy provides a predictable revenue stream that is not subject to the typical vacancy risks of the local market. In the cargo security market Sharx competes against larger established firms such as Dottie Down, USA Ratchet LLC, Ratchet Straps USA, Kinedyne LLC, The Rachet Depot Inc, The Forankra Group and GTF Factors Ltd which possess greater capital, broader product lines and more extensive distribution networks. Competitive factors in this market include price, product quality, value added service programs, service and delivery, credit terms, and customer support. The company’s limited scale and current lack of sales place it at a disadvantage against these well resourced competitors.
Anton Nielsen Vojens ApS has a single customer Circle K Denmark A/S formerly Statoil A/S which leases the property in Vojens Denmark under the agreement that runs until 2026. Sharx DK ApS reported no retail customers for the years ended June 30 2024 and June 30 2025 and has not recorded any product sales due to the manufacturer’s inability to deliver goods. The firm anticipates that once Cleaver resumes production and shipment it will be able to attract customers in its target territories.
Read more ↓
Sector: Real Estate Industry: Real Estate Services CIK: 0000352991