QUALITY HOUSE DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About QUALITY HOUSE DENMARK ApS
QUALITY HOUSE DENMARK ApS (CVR number: 32296203) is a company from ODENSE. The company reported a net sales of 0 mDKK in 2024, demonstrating a decline of -95 % compared to the previous year. The operating profit percentage was poor at -108.9 % (EBIT: -0 mDKK), while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. QUALITY HOUSE DENMARK 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 264.08 | 567.12 | 390.24 | 354.00 | 17.60 |
Gross profit | 225.70 | 546.40 | 360.09 | 328.13 | -5.88 |
EBIT | 158.33 | 471.35 | 301.47 | 271.31 | -19.16 |
Net earnings | 123.13 | 369.10 | 200.93 | 226.86 | 12.04 |
Shareholders equity total | 183.59 | 431.50 | 511.35 | 623.94 | 376.34 |
Balance sheet total (assets) | 280.67 | 574.36 | 582.75 | 766.88 | 501.41 |
Net debt | - 280.67 | - 202.94 | - 260.02 | - 458.21 | - 159.36 |
Profitability | |||||
EBIT-% | 60.0 % | 83.1 % | 77.3 % | 76.6 % | -108.9 % |
ROA | 66.5 % | 111.6 % | 59.4 % | 44.2 % | 2.4 % |
ROE | 73.7 % | 120.0 % | 42.6 % | 40.0 % | 2.4 % |
ROI | 94.8 % | 155.2 % | 55.1 % | 52.5 % | 3.1 % |
Economic value added (EVA) | 124.08 | 373.05 | 224.29 | 212.08 | -5.84 |
Solvency | |||||
Equity ratio | 65.4 % | 75.1 % | 87.7 % | 81.4 % | 75.1 % |
Gearing | |||||
Relative net indebtedness % | -69.5 % | -10.6 % | -48.3 % | -89.1 % | -194.8 % |
Liquidity | |||||
Quick ratio | 3.8 | 6.5 | 20.4 | 5.8 | 1.3 |
Current ratio | 3.8 | 6.5 | 20.4 | 5.8 | 1.3 |
Cash and cash equivalents | 280.67 | 202.94 | 260.02 | 458.21 | 159.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.4 | 37.8 | |||
Net working capital % | 78.3 % | 37.3 % | 73.2 % | 107.1 % | 214.1 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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