38 AF 2010 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 38 AF 2010 ApS
38 AF 2010 ApS (CVR number: 33049889) is a company from RANDERS. The company recorded a gross profit of -16.8 kDKK in 2023. The operating profit was -16.8 kDKK, while net earnings were -44.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 38 AF 2010 ApS's liquidity measured by quick ratio was 4.3 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 | |||||
Gross profit | -7.94 | -7.94 | -7.94 | -8.00 | -16.75 |
EBIT | -7.94 | -7.94 | -7.94 | -8.00 | -16.75 |
Net earnings | 139.22 | 24.53 | -1 160.05 | - 285.73 | -44.58 |
Shareholders equity total | 3 565.43 | 3 589.97 | 2 429.92 | 2 144.19 | 2 099.61 |
Balance sheet total (assets) | 3 694.61 | 3 717.39 | 2 555.58 | 2 276.05 | 2 744.99 |
Net debt | 123.89 | 122.13 | 120.66 | 118.86 | -2 671.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.7 % | 0.6 % | -37.0 % | -11.9 % | -1.8 % |
ROE | 3.9 % | 0.7 % | -38.5 % | -12.5 % | -2.1 % |
ROI | 3.7 % | 0.6 % | -37.1 % | -11.9 % | -2.0 % |
Economic value added (EVA) | 47.30 | 44.36 | 46.22 | -2.54 | -12.74 |
Solvency | |||||
Equity ratio | 96.5 % | 96.6 % | 95.1 % | 94.2 % | 76.5 % |
Gearing | 3.5 % | 3.4 % | 5.0 % | 5.5 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.4 | 0.4 | 4.3 |
Current ratio | 0.5 | 0.5 | 0.4 | 0.4 | 4.3 |
Cash and cash equivalents | 0.19 | 0.19 | 2 681.49 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BB |
Variable visualization
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