Just Add Design ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Just Add Design ApS
Just Add Design ApS (CVR number: 38834282) is a company from KØBENHAVN. The company recorded a gross profit of 5.7 kDKK in 2023. The operating profit was -71 kDKK, while net earnings were -70.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.5 %, which can be considered poor and Return on Equity (ROE) was -117 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. Just Add Design ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 168.72 | 104.62 | 14.06 | 238.56 | 5.72 |
EBIT | 6.03 | - 108.44 | 13.34 | 63.97 | -70.97 |
Net earnings | 0.91 | - 110.85 | 11.14 | 62.65 | -70.73 |
Shareholders equity total | 132.89 | 22.04 | 33.19 | 95.83 | 25.10 |
Balance sheet total (assets) | 189.12 | 199.97 | 134.17 | 225.38 | 123.83 |
Net debt | - 124.23 | -48.28 | 11.53 | - 105.49 | -4.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | -55.7 % | 8.0 % | 35.6 % | -40.5 % |
ROE | 0.7 % | -143.1 % | 40.4 % | 97.1 % | -117.0 % |
ROI | 4.5 % | -93.3 % | 13.3 % | 47.6 % | -54.6 % |
Economic value added (EVA) | 10.34 | - 108.85 | 18.30 | 65.11 | -65.55 |
Solvency | |||||
Equity ratio | 70.3 % | 11.0 % | 24.7 % | 42.5 % | 20.3 % |
Gearing | 328.0 % | 202.8 % | 70.2 % | 268.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 0.7 | 0.6 | 1.4 | 0.7 |
Current ratio | 2.3 | 0.7 | 0.6 | 1.4 | 0.7 |
Cash and cash equivalents | 124.23 | 120.56 | 55.76 | 172.78 | 72.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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