The Way of The DAO ApS — Credit Rating and Financial Key Figures

CVR number: 40568816
Ålandsgade 5, 2300 København S

Company information

Official name
The Way of The DAO ApS
Established
2019
Company form
Private limited company
Industry

About The Way of The DAO ApS

The Way of The DAO ApS (CVR number: 40568816) is a company from KØBENHAVN. The company recorded a gross profit of 2.8 kDKK in 2022. The operating profit was -97.2 kDKK, while net earnings were -113 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.4 %, which can be considered poor and Return on Equity (ROE) was -119.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -88.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. The Way of The DAO 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
Volume
Net sales
Gross profit10.26-16.37-0.972.76
EBIT10.26-16.37- 299.99-97.18
Net earnings8.00-12.99- 314.64- 113.00
Shareholders equity total48.0035.01- 279.63- 392.64
Balance sheet total (assets)50.2652.83138.7350.04
Net debt-49.96-38.31288.85426.10
Profitability
EBIT-%
ROA20.4 %-31.8 %-127.3 %-22.4 %
ROE16.7 %-31.3 %-362.2 %-119.7 %
ROI21.4 %-39.4 %-138.9 %-23.4 %
Economic value added (EVA)8.00-12.67- 303.36-77.71
Solvency
Equity ratio95.5 %66.3 %-66.8 %-88.7 %
Gearing-141.9 %-109.0 %
Relative net indebtedness %
Liquidity
Quick ratio22.33.00.30.1
Current ratio22.33.00.30.1
Cash and cash equivalents49.9638.31107.891.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-22.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-88.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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