Sky Movement ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sky Movement ApS
Sky Movement ApS (CVR number: 42001252) is a company from DRAGØR. The company reported a net sales of 0.6 mDKK in 2022, demonstrating a growth of 32 % compared to the previous year. The operating profit percentage was poor at -1.2 % (EBIT: -0 mDKK), while net earnings were -11.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sky Movement ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | |
---|---|---|
Volume | ||
Net sales | 469.78 | 619.93 |
Gross profit | 294.89 | 495.24 |
EBIT | -41.96 | -7.26 |
Net earnings | -42.11 | -11.60 |
Shareholders equity total | -42.11 | -53.71 |
Balance sheet total (assets) | 150.63 | 170.34 |
Net debt | 53.80 | -44.18 |
Profitability | ||
EBIT-% | -8.9 % | -1.2 % |
ROA | -21.8 % | -3.5 % |
ROE | -28.0 % | -7.2 % |
ROI | -53.0 % | -12.1 % |
Economic value added (EVA) | -41.96 | -1.77 |
Solvency | ||
Equity ratio | -21.8 % | -24.0 % |
Gearing | -188.0 % | -75.3 % |
Relative net indebtedness % | 35.6 % | 22.5 % |
Liquidity | ||
Quick ratio | 0.8 | 0.8 |
Current ratio | 0.8 | 0.8 |
Cash and cash equivalents | 25.36 | 84.63 |
Capital use efficiency | ||
Trade debtors turnover (days) | 35.0 | 24.1 |
Net working capital % | -9.0 % | -8.7 % |
Credit risk | ||
Credit rating | BB | BB |
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