Sailing Games ApS — Credit Rating and Financial Key Figures

CVR number: 39508176
Skovhøj 41, Høruphav 6470 Sydals

Company information

Official name
Sailing Games ApS
Personnel
5 persons
Established
2018
Domicile
Høruphav
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total1.001.0039.53- 192.39- 443.15
Balance sheet total (assets)1.001.0040.00319.43855.12
Net debt-1.00-1.00-0.76364.561 220.83
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 ratio100.0 %100.0 %98.8 %-37.6 %-34.1 %
Gearing0.6 %-191.0 %-288.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.10.33.7
Current ratio2.10.33.7
Cash and cash equivalents1.001.001.002.9159.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCCBBBBBBB

Variable visualization

ROA:-27.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-34.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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