Denmark Bayside Owner ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Denmark Bayside Owner ApS
Denmark Bayside Owner ApS (CVR number: 40010297) is a company from FREDERIKSBERG. The company recorded a gross profit of 7925.3 kDKK in 2023. The operating profit was -10.6 mDKK, while net earnings were -15.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -31.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. Denmark Bayside Owner ApS's liquidity measured by quick ratio was 2.3 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 | 5 782.00 | 4 402.37 | 6 760.56 | 7 639.83 | 7 925.32 |
EBIT | 5 782.00 | 8 615.56 | 23 760.56 | 41 365.83 | -10 607.39 |
Net earnings | 2 950.00 | 5 332.91 | 17 074.28 | 30 090.08 | -15 277.50 |
Shareholders equity total | 18 821.00 | 24 640.29 | 42 228.87 | 56 215.70 | 40 938.21 |
Balance sheet total (assets) | 99 628.00 | 111 960.00 | 136 881.62 | 178 783.92 | 162 969.13 |
Net debt | 66 561.00 | 72 207.19 | 75 644.99 | 87 497.29 | 90 851.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | 8.1 % | 19.1 % | 27.5 % | -5.2 % |
ROE | 17.1 % | 24.5 % | 51.1 % | 61.1 % | -31.5 % |
ROI | 6.4 % | 8.4 % | 19.5 % | 27.9 % | -5.3 % |
Economic value added (EVA) | 977.97 | 2 642.95 | 14 184.97 | 26 278.86 | -16 100.18 |
Solvency | |||||
Equity ratio | 18.9 % | 22.0 % | 30.9 % | 31.4 % | 25.1 % |
Gearing | 353.7 % | 294.3 % | 181.7 % | 168.2 % | 241.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.1 | 6.3 | 4.1 | 2.3 |
Current ratio | 0.7 | 0.1 | 6.3 | 4.1 | 2.3 |
Cash and cash equivalents | 305.63 | 1 102.89 | 7 048.65 | 8 056.03 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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