SHARK FINANS APS — Credit Rating and Financial Key Figures

CVR number: 38779826
Lysholt Allé 10, 7100 Vejle

Company information

Official name
SHARK FINANS APS
Established
2017
Company form
Private limited company
Industry

About SHARK FINANS APS

SHARK FINANS APS (CVR number: 38779826) is a company from VEJLE. The company recorded a gross profit of -23.5 kDKK in 2023. The operating profit was -23.5 kDKK, while net earnings were -1294.4 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 -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. SHARK FINANS APS's liquidity measured by quick ratio was 0.1 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-13.50-19.75-36.38-26.63-23.50
EBIT-13.50-19.75-36.38-26.63-23.50
Net earnings29.52-29.01-85.56- 129.63-1 294.42
Shareholders equity total30 013.8537 504.8437 419.2837 289.6535 995.22
Balance sheet total (assets)31 258.0738 771.7142 071.4167 638.7468 446.51
Net debt1 224.471 234.214 596.6930 098.1331 838.74
Profitability
EBIT-%
ROA0.2 %-0.0 %-0.1 %0.1 %0.1 %
ROE0.1 %-0.1 %-0.2 %-0.3 %-3.5 %
ROI0.2 %-0.0 %-0.1 %0.1 %0.1 %
Economic value added (EVA)-11.06-20.4527.2842.221 369.70
Solvency
Equity ratio96.0 %96.7 %88.9 %55.1 %52.6 %
Gearing4.1 %3.3 %12.4 %81.3 %90.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.70.10.1
Current ratio0.00.70.10.1
Cash and cash equivalents12.8730.44228.46590.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.09%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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