SUBSCRYBE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUBSCRYBE ApS
SUBSCRYBE ApS (CVR number: 33785496) is a company from KØBENHAVN. The company recorded a gross profit of 6304.9 kDKK in 2023. The operating profit was 312.6 kDKK, while net earnings were -262.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was -23.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SUBSCRYBE ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 718.48 | ||||
Gross profit | 5 239.44 | 6 279.19 | 5 664.66 | 6 214.81 | 6 304.95 |
EBIT | 367.76 | 1 719.17 | 362.57 | -1 160.42 | 312.64 |
Net earnings | 235.74 | 1 266.68 | 1 599.94 | -1 908.92 | - 262.06 |
Shareholders equity total | 724.18 | 1 965.86 | 2 865.80 | 956.88 | 1 314.82 |
Balance sheet total (assets) | 2 582.63 | 5 709.32 | 5 884.22 | 5 587.05 | 3 708.89 |
Net debt | - 302.15 | -1 641.57 | 510.91 | 3 332.03 | 339.77 |
Profitability | |||||
EBIT-% | 4.8 % | ||||
ROA | 17.0 % | 41.5 % | 29.9 % | -20.5 % | 5.9 % |
ROE | 39.7 % | 94.2 % | 66.2 % | -99.9 % | -23.1 % |
ROI | 43.4 % | 103.9 % | 58.3 % | -29.8 % | 12.2 % |
Economic value added (EVA) | 239.31 | 1 286.73 | 332.80 | -1 160.55 | 290.03 |
Solvency | |||||
Equity ratio | 28.0 % | 35.2 % | 48.7 % | 17.1 % | 35.5 % |
Gearing | 16.1 % | 6.1 % | 17.9 % | 348.7 % | 26.2 % |
Relative net indebtedness % | 18.6 % | ||||
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 1.1 | 0.8 | 1.3 |
Current ratio | 1.2 | 1.4 | 1.1 | 0.8 | 1.3 |
Cash and cash equivalents | 419.05 | 1 761.49 | 3.20 | 4.17 | 4.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.5 | ||||
Net working capital % | 5.1 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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