Sailing Games ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sailing Games ApS
Sailing Games ApS (CVR number: 39508176) is a company from SØNDERBORG. The company recorded a gross profit of -189.4 kDKK in 2023. The operating profit was -250.4 kDKK, while net earnings were -250.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.7 %, which can be considered poor and Return on Equity (ROE) was -42.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sailing Games ApS's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.23 | - 231.03 | - 189.37 | ||
EBIT | -0.23 | - 231.03 | - 250.37 | ||
Net earnings | -0.47 | - 231.92 | - 250.76 | ||
Shareholders equity total | 1.00 | 1.00 | 39.53 | - 192.39 | - 443.15 |
Balance sheet total (assets) | 1.00 | 1.00 | 40.00 | 319.43 | 855.12 |
Net debt | -1.00 | -1.00 | -0.76 | 364.56 | 1 220.83 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.1 % | -83.7 % | -27.7 % | ||
ROE | -2.3 % | -129.2 % | -42.7 % | ||
ROI | -1.1 % | -113.5 % | -30.4 % | ||
Economic value added (EVA) | -0.23 | - 232.97 | - 240.55 | ||
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 98.8 % | -37.6 % | -34.1 % |
Gearing | 0.6 % | -191.0 % | -288.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 0.3 | 3.7 | ||
Current ratio | 2.1 | 0.3 | 3.7 | ||
Cash and cash equivalents | 1.00 | 1.00 | 1.00 | 2.91 | 59.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | C | BBB | BB | BB |
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