1937 ApS — Credit Rating and Financial Key Figures

CVR number: 36395540
Vognmagergade 9, 1120 København K
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Company information

Official name
1937 ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About 1937 ApS

1937 ApS (CVR number: 36395540) is a company from KØBENHAVN. The company recorded a gross profit of 142 kDKK in 2024. The operating profit was 92.2 kDKK, while net earnings were 61.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -78.1 %. 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 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit81.00118.00- 821.0094.00142.01
EBIT81.00118.00- 832.0085.0092.17
Net earnings17.0066.00- 856.0045.0061.94
Shareholders equity total- 886.00- 819.00-1 675.00-1 630.00-1 568.83
Balance sheet total (assets)1 093.001 084.00204.00202.00439.58
Net debt1 754.001 837.001 730.001 787.001 900.05
Profitability
EBIT-%
ROA4.1 %6.1 %-44.0 %4.6 %4.8 %
ROE1.6 %6.1 %-132.9 %22.2 %19.3 %
ROI4.6 %6.6 %-46.3 %4.8 %5.0 %
Economic value added (EVA)35.9882.00- 846.9084.6894.96
Solvency
Equity ratio32.9 %29.2 %-74.5 %-89.0 %-78.1 %
Gearing-198.0 %-224.3 %-105.1 %-109.6 %-121.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.1
Current ratio1.51.40.3
Cash and cash equivalents30.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.80%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-78.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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