RETAIL SCANDINAVIA ÅRHUS A/S

CVR number: 34460140
Lindgreens Allé 12, 2300 København S

Credit rating

Company information

Official name
RETAIL SCANDINAVIA ÅRHUS A/S
Personnel
3 persons
Established
2012
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About RETAIL SCANDINAVIA ÅRHUS A/S

RETAIL SCANDINAVIA ÅRHUS A/S (CVR number: 34460140) is a company from KØBENHAVN. The company recorded a gross profit of 721.7 kDKK in 2022. The operating profit was -133.4 kDKK, while net earnings were -147.6 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 -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RETAIL SCANDINAVIA ÅRHUS A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit596.2723.30477.01721.73
EBIT- 524.31-1 211.56- 116.86- 133.41
Net earnings- 525.05-1 295.52- 130.53- 147.65
Shareholders equity total- 656.69-1 952.21-2 082.74352.35
Balance sheet total (assets)1 921.912 396.532 951.902 590.22
Net debt1 653.783 833.753 470.171 364.18
Profitability
EBIT-%
ROA-22.3 %-27.9 %-2.5 %-3.5 %
ROE-26.9 %-54.1 %-4.9 %-8.9 %
ROI-33.2 %-29.3 %-2.7 %-3.9 %
Economic value added (EVA)- 473.7943.78-1 211.56-7.0825.07
Solvency
Equity ratio-25.5 %-44.9 %-41.4 %13.6 %
Gearing-284.5 %-208.3 %-218.0 %540.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.30.4
Current ratio0.70.40.50.9
Cash and cash equivalents214.54232.451 071.11541.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-3.50%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.6%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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