1937 ApS — Credit Rating and Financial Key Figures

CVR number: 36395540
Vognmagergade 9, 1120 København K

Credit rating

Company information

Official name
1937 ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About 1937 ApS

1937 ApS (CVR number: 36395540) is a company from KØBENHAVN. The company recorded a gross profit of 93.7 kDKK in 2023. The operating profit was 84.9 kDKK, while net earnings were 44.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -30.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 1937 ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 180.0081.00118.00- 821.0093.68
EBIT- 180.0081.00118.00- 832.0084.91
Net earnings- 280.0017.0066.00- 856.0044.60
Shareholders equity total- 903.00- 886.00- 819.00-1 675.00-1 630.77
Balance sheet total (assets)1 094.001 093.001 084.00204.00201.20
Net debt1 799.001 754.001 837.001 730.001 732.62
Profitability
EBIT-%
ROA-9.2 %4.1 %6.1 %-44.0 %4.6 %
ROE-23.3 %1.6 %6.1 %-132.9 %22.0 %
ROI-10.1 %4.6 %6.6 %-46.3 %4.8 %
Economic value added (EVA)- 148.69126.38170.13- 754.59173.50
Solvency
Equity ratio29.3 %32.9 %29.2 %-74.5 %-30.8 %
Gearing-199.2 %-198.0 %-224.3 %-105.1 %-109.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.10.2
Current ratio1.41.51.40.30.7
Cash and cash equivalents30.0054.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:4.58%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-30.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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