38 AF 2010 ApS — Credit Rating and Financial Key Figures

CVR number: 33049889
Brødregade 38, 8900 Randers C
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Company information

Official name
38 AF 2010 ApS
Established
2010
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings139.2224.53-1 160.05- 285.73-44.58
Shareholders equity total3 565.433 589.972 429.922 144.192 099.61
Balance sheet total (assets)3 694.613 717.392 555.582 276.052 744.99
Net debt123.89122.13120.66118.86-2 671.25
Profitability
EBIT-%
ROA3.7 %0.6 %-37.0 %-11.9 %-1.8 %
ROE3.9 %0.7 %-38.5 %-12.5 %-2.1 %
ROI3.7 %0.6 %-37.1 %-11.9 %-2.0 %
Economic value added (EVA)47.3044.3646.22-2.54-12.74
Solvency
Equity ratio96.5 %96.6 %95.1 %94.2 %76.5 %
Gearing3.5 %3.4 %5.0 %5.5 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.40.44.3
Current ratio0.50.50.40.44.3
Cash and cash equivalents0.190.192 681.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:-1.78%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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