Safe In Water ApS — Credit Rating and Financial Key Figures

CVR number: 41051205
Vendelbogade 33, 9480 Løkken

Credit rating

Company information

Official name
Safe In Water ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About Safe In Water ApS

Safe In Water ApS (CVR number: 41051205) is a company from HJØRRING. The company recorded a gross profit of 85.7 kDKK in 2022. The operating profit was 16.5 kDKK, while net earnings were 12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.7 %, which can be considered excellent and Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Safe In Water ApS's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
Volume
Net sales
Gross profit0.44-3.2385.73
EBIT-8.23-11.2316.50
Net earnings-6.45-8.8212.70
Shareholders equity total33.5524.7337.43
Balance sheet total (assets)46.2637.9577.02
Net debt5.54-0.60-73.79
Profitability
EBIT-%
ROA-17.8 %-26.7 %28.7 %
ROE-19.2 %-30.3 %40.9 %
ROI-19.0 %-28.9 %44.4 %
Economic value added (EVA)-6.42-10.2312.15
Solvency
Equity ratio72.5 %65.2 %48.6 %
Gearing28.9 %39.3 %6.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.9
Current ratio1.21.11.9
Cash and cash equivalents4.1710.3176.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:28.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.6%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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