A Bigger Boat ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A Bigger Boat ApS
A Bigger Boat ApS (CVR number: 38684906) is a company from AARHUS. The company recorded a gross profit of 807.7 kDKK in 2023. The operating profit was -2.2 kDKK, while net earnings were -10.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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. A Bigger Boat ApS's liquidity measured by quick ratio was 1.4 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 | |||||
Gross profit | 545.25 | 408.17 | 741.30 | 891.26 | 807.75 |
EBIT | - 130.72 | 100.47 | -0.70 | 88.95 | -2.19 |
Net earnings | - 103.51 | 99.21 | -0.70 | 71.41 | -10.10 |
Shareholders equity total | -31.30 | 67.91 | 67.20 | 116.29 | 106.19 |
Balance sheet total (assets) | 66.75 | 229.35 | 205.58 | 224.24 | 254.63 |
Net debt | -27.10 | - 104.07 | -20.18 | - 130.91 | - 132.31 |
Profitability | |||||
EBIT-% | |||||
ROA | -103.9 % | 61.4 % | -0.3 % | 41.4 % | -0.9 % |
ROE | -149.0 % | 147.3 % | -1.0 % | 77.8 % | -9.1 % |
ROI | -362.1 % | 295.9 % | -1.0 % | 96.4 % | -2.0 % |
Economic value added (EVA) | -98.44 | 103.41 | 1.12 | 70.25 | 0.55 |
Solvency | |||||
Equity ratio | -31.9 % | 29.6 % | 32.7 % | 51.9 % | 41.7 % |
Gearing | 1.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.3 | 1.1 | 1.6 | 1.4 |
Current ratio | 0.7 | 1.3 | 1.1 | 1.6 | 1.4 |
Cash and cash equivalents | 27.10 | 104.07 | 21.25 | 130.91 | 132.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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