EASY SHIPPING ApS — Credit Rating and Financial Key Figures

CVR number: 34074925
Kærgårdsvej 25, 7860 Spøttrup

Company information

Official name
EASY SHIPPING ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales684.341 257.69
Gross profit476.60- 116.3021.2626.08-66.03
EBIT75.66- 116.3021.2626.08-47.80
Net earnings59.01- 116.3221.269.88-45.88
Shareholders equity total124.938.61-36.01-15.38125.88
Balance sheet total (assets)518.44332.36281.52292.78363.16
Net debt- 145.50-44.928.03-19.58-14.69
Profitability
EBIT-%11.1 %-9.2 %
ROA13.2 %-27.3 %6.5 %8.3 %-14.2 %
ROE61.8 %-174.2 %14.7 %3.4 %-21.9 %
ROI79.3 %-174.2 %255.6 %649.9 %-75.9 %
Economic value added (EVA)62.97- 115.2723.0827.89-46.04
Solvency
Equity ratio24.1 %2.6 %-11.3 %-5.0 %34.7 %
Gearing-22.3 %
Relative net indebtedness %36.2 %22.2 %
Liquidity
Quick ratio1.31.00.91.01.5
Current ratio1.31.00.91.01.5
Cash and cash equivalents145.5044.9219.5814.69
Capital use efficiency
Trade debtors turnover (days)196.481.1
Net working capital %18.3 %0.7 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-14.2%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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