Den Bedste Tid ApS
Credit rating
Company information
About Den Bedste Tid ApS
Den Bedste Tid ApS (CVR number: 31850169) is a company from HORSENS. The company recorded a gross profit of 646.1 kDKK in 2023. The operating profit was -226.8 kDKK, while net earnings were -189.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.2 %, which can be considered poor and Return on Equity (ROE) was -65.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. Den Bedste Tid ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 991.00 | 1 220.53 | 908.79 | 1 328.12 | 646.09 |
EBIT | 178.00 | 105.87 | 66.40 | 278.86 | - 226.83 |
Net earnings | 104.00 | 67.81 | 37.30 | 209.11 | - 189.43 |
Shareholders equity total | 184.00 | 196.41 | 233.71 | 442.82 | 138.99 |
Balance sheet total (assets) | 419.00 | 2 035.42 | 993.93 | 793.11 | 614.28 |
Net debt | - 156.00 | -1 717.11 | - 187.46 | - 333.21 | 66.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.6 % | 9.0 % | 4.5 % | 31.2 % | -32.2 % |
ROE | 30.4 % | 35.7 % | 17.3 % | 61.8 % | -65.1 % |
ROI | 50.6 % | 56.6 % | 31.6 % | 82.4 % | -69.9 % |
Economic value added (EVA) | 116.27 | 82.18 | 127.33 | 212.19 | - 184.45 |
Solvency | |||||
Equity ratio | 43.9 % | 9.6 % | 23.5 % | 55.8 % | 22.6 % |
Gearing | 3.8 % | 48.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 7.0 | 6.2 | 2.0 | 0.8 |
Current ratio | 1.6 | 7.0 | 6.2 | 2.1 | 1.2 |
Cash and cash equivalents | 163.00 | 1 717.11 | 187.46 | 333.21 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | B |
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