Credit rating
Company information
About EASY SHIPPING ApS
EASY SHIPPING ApS (CVR number: 34074925) is a company from SKIVE. The company recorded a gross profit of -66 kDKK in 2023. The operating profit was -47.8 kDKK, while net earnings were -45.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor and Return on Equity (ROE) was -21.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EASY SHIPPING ApS's liquidity measured by quick ratio was 1.5 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 | 684.34 | 1 257.69 | |||
Gross profit | 476.60 | - 116.30 | 21.26 | 26.08 | -66.03 |
EBIT | 75.66 | - 116.30 | 21.26 | 26.08 | -47.80 |
Net earnings | 59.01 | - 116.32 | 21.26 | 9.88 | -45.88 |
Shareholders equity total | 124.93 | 8.61 | -36.01 | -15.38 | 125.88 |
Balance sheet total (assets) | 518.44 | 332.36 | 281.52 | 292.78 | 363.16 |
Net debt | - 145.50 | -44.92 | 8.03 | -19.58 | -14.69 |
Profitability | |||||
EBIT-% | 11.1 % | -9.2 % | |||
ROA | 13.2 % | -27.3 % | 6.5 % | 8.3 % | -14.2 % |
ROE | 61.8 % | -174.2 % | 14.7 % | 3.4 % | -21.9 % |
ROI | 79.3 % | -174.2 % | 255.6 % | 649.9 % | -75.9 % |
Economic value added (EVA) | 62.97 | - 115.27 | 23.08 | 27.89 | -46.04 |
Solvency | |||||
Equity ratio | 24.1 % | 2.6 % | -11.3 % | -5.0 % | 34.7 % |
Gearing | -22.3 % | ||||
Relative net indebtedness % | 36.2 % | 22.2 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 1.0 | 0.9 | 1.0 | 1.5 |
Current ratio | 1.3 | 1.0 | 0.9 | 1.0 | 1.5 |
Cash and cash equivalents | 145.50 | 44.92 | 19.58 | 14.69 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 196.4 | 81.1 | |||
Net working capital % | 18.3 % | 0.7 % | |||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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