Surge ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Surge ApS
Surge ApS (CVR number: 38496824) is a company from KØBENHAVN. The company recorded a gross profit of -11.3 kDKK in 2023. The operating profit was -194.8 kDKK, while net earnings were -169.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.2 %, which can be considered poor and Return on Equity (ROE) was -64.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Surge ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 652.59 | 3 930.16 | 1 201.06 | 656.20 | -11.31 |
EBIT | - 459.72 | 742.45 | - 413.98 | 300.15 | - 194.79 |
Net earnings | - 461.45 | 915.59 | - 603.99 | 294.87 | - 169.08 |
Shareholders equity total | 177.11 | 1 092.70 | 488.71 | 345.58 | 176.50 |
Balance sheet total (assets) | 941.00 | 2 425.47 | 1 848.97 | 867.91 | 733.36 |
Net debt | -19.76 | - 894.01 | - 579.25 | - 331.77 | - 131.37 |
Profitability | |||||
EBIT-% | |||||
ROA | -68.6 % | 44.1 % | -19.4 % | 22.1 % | -24.2 % |
ROE | -222.0 % | 144.2 % | -76.4 % | 70.7 % | -64.8 % |
ROI | -124.4 % | 88.8 % | -49.9 % | 45.0 % | -25.1 % |
Economic value added (EVA) | - 463.86 | 927.46 | - 595.47 | 304.70 | - 151.35 |
Solvency | |||||
Equity ratio | 18.8 % | 45.1 % | 26.4 % | 39.8 % | 24.1 % |
Gearing | 169.4 % | 144.7 % | 294.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.9 | 1.4 | 1.7 | 1.3 |
Current ratio | 1.3 | 1.9 | 1.4 | 1.7 | 1.3 |
Cash and cash equivalents | 319.76 | 894.01 | 579.25 | 831.77 | 651.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | A | BB | BB | B |
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