ACCESS+ BUSINESS INCUBATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ACCESS+ BUSINESS INCUBATION ApS
ACCESS+ BUSINESS INCUBATION ApS (CVR number: 32789889) is a company from RUDERSDAL. The company recorded a gross profit of 299.7 kDKK in 2023. The operating profit was -20.5 kDKK, while net earnings were -13.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ACCESS+ BUSINESS INCUBATION ApS's liquidity measured by quick ratio was 4.6 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 | 307.77 | 613.11 | 588.75 | 464.61 | 299.70 |
EBIT | - 138.31 | 258.25 | 138.51 | 247.52 | -20.55 |
Net earnings | - 116.79 | 185.09 | 85.81 | 198.43 | -13.59 |
Shareholders equity total | 1 416.16 | 1 351.25 | 1 437.06 | 1 635.49 | 1 621.90 |
Balance sheet total (assets) | 2 013.45 | 2 027.18 | 2 099.40 | 1 904.24 | 2 161.74 |
Net debt | - 684.81 | - 720.42 | -1 253.99 | - 696.47 | - 955.18 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.8 % | 12.8 % | 6.7 % | 13.6 % | 0.1 % |
ROE | -6.7 % | 13.4 % | 6.2 % | 12.9 % | -0.8 % |
ROI | -6.9 % | 15.3 % | 8.7 % | 17.0 % | 0.2 % |
Economic value added (EVA) | - 131.34 | 178.53 | 86.99 | 184.28 | -65.00 |
Solvency | |||||
Equity ratio | 70.3 % | 66.7 % | 86.6 % | 90.3 % | 77.9 % |
Gearing | 22.0 % | 22.2 % | 5.6 % | 3.3 % | 1.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 3.0 | 9.4 | 10.7 | 4.6 |
Current ratio | 3.3 | 3.0 | 3.1 | 7.0 | 4.0 |
Cash and cash equivalents | 995.90 | 1 020.28 | 1 334.45 | 750.91 | 978.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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