Narrow ApS — Credit Rating and Financial Key Figures

CVR number: 41752955
Bredgade 67, 1260 København K
hello@narrow.dk
tel: 50700159
narrow.dk

Credit rating

Company information

Official name
Narrow ApS
Personnel
5 persons
Established
2020
Company form
Private limited company
Industry

About Narrow ApS

Narrow ApS (CVR number: 41752955) is a company from KØBENHAVN. The company recorded a gross profit of 1711.3 kDKK in 2023. The operating profit was 99.4 kDKK, while net earnings were 83.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Narrow ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit1 902.371 630.691 711.33
EBIT400.30-65.5899.42
Net earnings294.41-85.4283.56
Shareholders equity total334.41248.99377.37
Balance sheet total (assets)840.74872.871 171.24
Net debt- 521.37- 472.05- 232.00
Profitability
EBIT-%
ROA47.6 %-7.7 %9.9 %
ROE88.0 %-29.3 %26.7 %
ROI109.1 %-16.4 %20.7 %
Economic value added (EVA)308.62-60.18102.79
Solvency
Equity ratio39.8 %28.5 %32.2 %
Gearing9.8 %70.4 %44.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.21.3
Current ratio1.51.21.3
Cash and cash equivalents554.29647.43401.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:9.88%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.2%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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