Push the Sky Away ApS — Credit Rating and Financial Key Figures

CVR number: 42666882
Tietgens Plads 6, 8000 Aarhus C

Company information

Official name
Push the Sky Away ApS
Established
2021
Company form
Private limited company
Industry

About Push the Sky Away ApS

Push the Sky Away ApS (CVR number: 42666882) is a company from AARHUS. The company reported a net sales of -0.4 mDKK in 2023, demonstrating a decline of -167.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.4 mDKK), while net earnings were -325.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.7 %, which can be considered poor and Return on Equity (ROE) was -28.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Push the Sky Away ApS's liquidity measured by quick ratio was 55.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales577.83529.94- 358.16
Gross profit569.96518.93- 368.05
EBIT569.96518.93- 368.05
Net earnings570.70512.89- 325.44
Shareholders equity total975.941 374.44931.19
Balance sheet total (assets)1 099.291 533.11947.40
Net debt4.43- 411.01- 448.34
Profitability
EBIT-%98.6 %97.9 %
ROA51.8 %39.4 %-24.7 %
ROE58.5 %43.6 %-28.2 %
ROI58.1 %43.9 %-26.4 %
Economic value added (EVA)570.76552.32- 353.21
Solvency
Equity ratio88.8 %89.7 %98.3 %
Gearing0.5 %0.5 %
Relative net indebtedness %21.3 %-48.9 %120.7 %
Liquidity
Quick ratio0.93.655.1
Current ratio0.93.655.1
Cash and cash equivalents417.99448.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1.2 %12.8 %-138.5 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-24.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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