Save Money ApS — Credit Rating and Financial Key Figures

CVR number: 40947558
Viborgvej 876, Lading 8471 Sabro
jan@save-money.dk
tel: 27121166

Credit rating

Company information

Official name
Save Money ApS
Personnel
1 person
Established
2019
Domicile
Lading
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Save Money ApS

Save Money ApS (CVR number: 40947558) is a company from FAVRSKOV. The company recorded a gross profit of -11.2 kDKK in 2023. The operating profit was -11.2 kDKK, while net earnings were -19.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.6 %, which can be considered poor and Return on Equity (ROE) was -29.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Save Money ApS's liquidity measured by quick ratio was 19.3 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
2023
Volume
Net sales
Gross profit- 183.0592.3860.86-11.24
EBIT- 245.8464.8360.86-11.24
Net earnings- 191.8749.8745.95-19.13
Shareholders equity total-91.87-41.9974.1054.97
Balance sheet total (assets)115.6990.23152.9957.97
Net debt146.56100.84-56.98-54.22
Profitability
EBIT-%
ROA-118.4 %38.2 %42.7 %-10.6 %
ROE-165.8 %48.4 %55.9 %-29.6 %
ROI-122.9 %40.9 %47.8 %-11.6 %
Economic value added (EVA)- 191.7857.7450.39-5.14
Solvency
Equity ratio-44.3 %-31.8 %42.8 %94.8 %
Gearing-217.7 %-278.6 %99.3 %
Relative net indebtedness %
Liquidity
Quick ratio15.34.11.919.3
Current ratio15.34.11.919.3
Cash and cash equivalents53.4416.15130.5454.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-10.6%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.8%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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