Klassik Studio ApS — Credit Rating and Financial Key Figures

CVR number: 34800243
Palægade 3, 1261 København K

Credit rating

Company information

Official name
Klassik Studio ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Klassik Studio ApS

Klassik Studio ApS (CVR number: 34800243) is a company from KØBENHAVN. The company recorded a gross profit of 275.1 kDKK in 2023. The operating profit was 115.9 kDKK, while net earnings were 14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -24.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Klassik Studio ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit759.20994.49701.54480.89275.08
EBIT167.14217.28344.47259.00115.95
Net earnings4.7429.63151.33126.0114.15
Shareholders equity total- 872.04- 842.42- 691.09- 565.08- 300.97
Balance sheet total (assets)2 589.812 444.012 046.081 806.31910.57
Net debt3 101.432 664.402 209.881 849.311 081.37
Profitability
EBIT-%
ROA5.5 %6.5 %12.0 %10.7 %7.4 %
ROE0.2 %1.2 %6.7 %6.5 %1.0 %
ROI5.9 %7.5 %14.6 %13.1 %8.6 %
Economic value added (EVA)162.80205.03315.14245.63118.21
Solvency
Equity ratio-25.4 %-25.6 %-25.2 %-23.8 %-24.8 %
Gearing-357.4 %-316.6 %-319.9 %-327.9 %-371.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.40.3
Current ratio0.70.70.70.70.8
Cash and cash equivalents15.023.040.953.6735.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.38%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-24.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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