QKREATE ApS — Credit Rating and Financial Key Figures

CVR number: 39504537
Bel Colles Alle 10, 2960 Rungsted Kyst
QKREATE@gmail.com

Credit rating

Company information

Official name
QKREATE ApS
Established
2018
Company form
Private limited company
Industry

About QKREATE ApS

QKREATE ApS (CVR number: 39504537) is a company from HØRSHOLM. The company recorded a gross profit of -1 kDKK in 2023. The operating profit was -1 kDKK, while net earnings were -68.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. QKREATE ApS's liquidity measured by quick ratio was 40.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit240.40-3.8843.65108.00-1.01
EBIT240.40-3.8843.65108.00-1.01
Net earnings1 225.783 020.10-2 363.38118.00-68.84
Shareholders equity total2 026.105 046.202 682.822 801.002 731.89
Balance sheet total (assets)2 081.215 087.992 735.882 854.002 785.23
Net debt-38.43-16.36-2 453.38-1 980.00-1 991.58
Profitability
EBIT-%
ROA73.0 %85.2 %2.8 %4.3 %0.9 %
ROE86.7 %85.4 %-61.2 %4.3 %-2.5 %
ROI91.6 %86.3 %2.8 %4.4 %0.9 %
Economic value added (EVA)153.13- 104.02- 209.0298.38-40.35
Solvency
Equity ratio97.4 %99.2 %98.1 %98.1 %98.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio37.4120.850.845.640.8
Current ratio37.4120.850.845.640.8
Cash and cash equivalents38.4316.362 453.381 980.001 991.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.87%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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