Quick Lift ApS — Credit Rating and Financial Key Figures

CVR number: 40653007
Teknikvej 4, 4200 Slagelse

Company information

Official name
Quick Lift ApS
Established
2019
Company form
Private limited company
Industry

About Quick Lift ApS

Quick Lift ApS (CVR number: 40653007) is a company from SLAGELSE. The company reported a net sales of 9.4 mDKK in 2021, demonstrating a growth of 521.7 % compared to the previous year. The operating profit percentage was at 99.8 % (EBIT: 9.4 mDKK), while net earnings were 8912.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.7 %, which can be considered excellent and Return on Equity (ROE) was 149.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Quick Lift ApS's liquidity measured by quick ratio was 0 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
Volume
Net sales1 506.639 366.80
Gross profit-9.751 502.799 351.80
EBIT-9.751 502.799 351.80
Net earnings-8.451 470.588 912.08
Shareholders equity total31.551 502.1310 414.21
Balance sheet total (assets)35.3014 922.7424 289.54
Net debt13 416.6613 871.39
Profitability
EBIT-%99.7 %99.8 %
ROA-23.9 %20.1 %47.7 %
ROE-26.8 %191.8 %149.6 %
ROI-26.8 %20.1 %47.7 %
Economic value added (EVA)-9.751 501.2110 101.90
Solvency
Equity ratio89.4 %10.1 %42.9 %
Gearing893.2 %133.2 %
Relative net indebtedness %890.8 %148.1 %
Liquidity
Quick ratio9.40.00.0
Current ratio9.40.00.0
Cash and cash equivalents0.200.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-890.8 %-148.1 %
Credit risk
Credit ratingBAA

Variable visualization

ROA:47.7%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.9%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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