ENTRANCE ApS
Credit rating
Company information
About ENTRANCE ApS
ENTRANCE ApS (CVR number: 32551491) is a company from KØBENHAVN. The company recorded a gross profit of 455.8 kDKK in 2023. The operating profit was -246 kDKK, while net earnings were -98.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ENTRANCE ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 708.00 | 1 338.00 | 1 377.00 | 2 878.00 | 455.77 |
EBIT | 361.00 | 160.00 | 576.00 | 1 303.00 | - 246.02 |
Net earnings | 471.00 | 212.00 | 661.00 | 826.00 | -98.76 |
Shareholders equity total | 2 005.00 | 1 747.00 | 2 197.00 | 2 366.00 | 1 447.07 |
Balance sheet total (assets) | 3 780.00 | 2 368.00 | 2 823.00 | 3 098.00 | 2 781.83 |
Net debt | -2 251.00 | -1 925.00 | -2 144.00 | -2 483.00 | -1 620.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.3 % | 8.8 % | 32.8 % | 46.8 % | -2.8 % |
ROE | 21.0 % | 11.3 % | 33.5 % | 36.2 % | -5.2 % |
ROI | 27.0 % | 13.7 % | 40.7 % | 59.2 % | -3.5 % |
Economic value added (EVA) | 316.67 | 138.93 | 457.93 | 995.74 | - 198.90 |
Solvency | |||||
Equity ratio | 53.0 % | 73.8 % | 77.8 % | 76.4 % | 52.0 % |
Gearing | 65.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 4.3 | 5.2 | 4.0 | 2.0 |
Current ratio | 2.1 | 4.3 | 5.2 | 4.0 | 2.0 |
Cash and cash equivalents | 2 251.00 | 1 925.00 | 2 144.00 | 2 483.00 | 2 564.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BB |
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