SKAGEN 37 ApS — Credit Rating and Financial Key Figures

CVR number: 32338070
Bæktoften 42, 9800 Hjørring

Credit rating

Company information

Official name
SKAGEN 37 ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About SKAGEN 37 ApS

SKAGEN 37 ApS (CVR number: 32338070) is a company from HJØRRING. The company recorded a gross profit of -28 kDKK in 2023. The operating profit was -28 kDKK, while net earnings were -146.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -14.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -50.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SKAGEN 37 ApS's liquidity measured by quick ratio was 0 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
20192020202120222023
Volume
Net sales
Gross profit-36.26-32.81-17.74-26.94-28.01
EBIT-36.26-32.81-17.74-26.94-28.01
Net earnings-98.61- 187.57-87.81- 100.84- 146.40
Shareholders equity total- 514.95- 702.52- 790.33- 891.17-1 037.56
Balance sheet total (assets)1 105.501 016.381 016.031 016.181 014.58
Net debt1 597.641 695.771 791.701 891.912 038.31
Profitability
EBIT-%
ROA-2.3 %-2.0 %-1.0 %-1.5 %-1.4 %
ROE-8.9 %-17.7 %-8.6 %-9.9 %-14.4 %
ROI-2.3 %-2.0 %-1.0 %-1.5 %-1.4 %
Economic value added (EVA)-15.322.7217.6912.8816.89
Solvency
Equity ratio-31.8 %-40.9 %-43.8 %-46.7 %-50.6 %
Gearing-310.8 %-241.7 %-227.0 %-212.6 %-196.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.00.0
Current ratio0.10.00.00.00.0
Cash and cash equivalents2.812.512.162.310.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-1.41%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-50.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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