Daring ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Daring ApS
Daring ApS (CVR number: 42662658) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 63.4 kDKK in 2024. The operating profit was -14.3 kDKK, while net earnings were -14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.2 %, which can be considered poor and Return on Equity (ROE) was -38.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Daring ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 53.48 | 285.26 | 210.66 | 63.40 |
| EBIT | 36.61 | 36.60 | -97.44 | -14.27 |
| Net earnings | 27.94 | -7.86 | -76.60 | -14.12 |
| Shareholders equity total | 127.94 | 120.08 | 43.48 | 29.37 |
| Balance sheet total (assets) | 180.64 | 206.93 | 103.93 | 48.51 |
| Net debt | - 104.20 | - 178.21 | -53.10 | -26.38 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 20.3 % | 18.9 % | -62.7 % | -18.2 % |
| ROE | 21.8 % | -6.3 % | -93.7 % | -38.8 % |
| ROI | 28.6 % | 28.6 % | -112.8 % | -37.4 % |
| Economic value added (EVA) | 28.58 | 22.87 | -82.77 | -16.51 |
| Solvency | ||||
| Equity ratio | 70.8 % | 58.0 % | 41.8 % | 60.5 % |
| Gearing | 6.7 % | 2.9 % | 0.0 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 4.0 | 2.4 | 1.7 | 2.5 |
| Current ratio | 4.0 | 2.4 | 1.7 | 2.5 |
| Cash and cash equivalents | 104.20 | 186.22 | 54.35 | 26.38 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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