88 MILES S.M.B.A — Credit Rating and Financial Key Figures
Credit rating
Company information
About 88 MILES S.M.B.A
88 MILES S.M.B.A (CVR number: 35481710) is a company from TÅRNBY. The company recorded a gross profit of -16.1 kDKK in 2024. The operating profit was -16.1 kDKK, while net earnings were -16.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 88 MILES S.M.B.A's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2.21 | 7.58 | - 163.95 | -58.83 | -16.15 |
EBIT | 2.21 | 7.58 | - 163.95 | -58.83 | -16.15 |
Net earnings | -0.11 | -3.02 | - 175.95 | -61.15 | -16.11 |
Shareholders equity total | 91.78 | 88.76 | -87.19 | - 148.33 | - 164.45 |
Balance sheet total (assets) | 989.12 | 617.53 | 322.10 | 260.34 | 276.15 |
Net debt | - 986.12 | - 516.00 | - 245.21 | - 175.67 | - 186.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | 0.9 % | -31.9 % | -14.3 % | -3.6 % |
ROE | -0.1 % | -3.3 % | -85.6 % | -21.0 % | -6.0 % |
ROI | 2.4 % | 8.4 % | -369.4 % | ||
Economic value added (EVA) | -2.40 | 2.97 | - 168.41 | -54.45 | -8.70 |
Solvency | |||||
Equity ratio | 9.3 % | 14.4 % | -21.3 % | -36.3 % | -37.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 0.8 | 0.6 | 0.6 |
Current ratio | 1.1 | 1.2 | 0.8 | 0.6 | 0.6 |
Cash and cash equivalents | 986.12 | 516.00 | 245.21 | 175.67 | 186.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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