make y up ApS — Credit Rating and Financial Key Figures

CVR number: 38350978
Toftumvej 3, Søvind 8700 Horsens
info@make-y-up.dk

Credit rating

Company information

Official name
make y up ApS
Established
2017
Domicile
Søvind
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About make y up ApS

make y up ApS (CVR number: 38350978) is a company from HORSENS. The company recorded a gross profit of 192.6 kDKK in 2022. The operating profit was -153.3 kDKK, while net earnings were -160.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.6 %, which can be considered poor and Return on Equity (ROE) was -178.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. make y up ApS's liquidity measured by quick ratio was 0.4 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit363.03353.72330.24451.39192.61
EBIT55.1112.0210.7550.04- 153.26
Net earnings32.80-0.62-2.6528.91- 160.89
Shareholders equity total81.5680.9578.30107.21-53.68
Balance sheet total (assets)296.45357.65662.14591.8573.23
Net debt-20.716.07- 283.68- 185.195.32
Profitability
EBIT-%
ROA17.4 %3.8 %2.2 %8.0 %-42.6 %
ROE50.3 %-0.8 %-3.3 %31.2 %-178.3 %
ROI39.4 %10.9 %9.9 %40.5 %-167.2 %
Economic value added (EVA)38.4910.578.0846.20- 141.64
Solvency
Equity ratio27.5 %22.6 %11.8 %18.1 %-42.3 %
Gearing39.2 %41.8 %39.2 %30.3 %-81.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.60.60.4
Current ratio1.31.31.11.20.6
Cash and cash equivalents52.6627.78314.34217.7338.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-42.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-42.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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