SafeNow ApS — Credit Rating and Financial Key Figures

CVR number: 37674397
Nylandsvej 19, 2690 Karlslunde
Safenow@safenow.dk
tel: 51914121
SafeNow.dk

Credit rating

Company information

Official name
SafeNow ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SafeNow ApS

SafeNow ApS (CVR number: 37674397) is a company from GREVE. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -6.8 % compared to the previous year. The operating profit percentage was at 19.6 % (EBIT: 0.1 mDKK), while net earnings were 47.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SafeNow ApS's liquidity measured by quick ratio was 3.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales291.85285.86348.00324.21
Gross profit32.1461.0057.6996.5179.68
EBIT32.1461.0057.6996.5163.48
Net earnings24.5647.4744.6273.7147.80
Shareholders equity total56.31103.78148.40222.11269.91
Balance sheet total (assets)127.27182.75221.14309.91329.68
Net debt-32.26-45.50-27.41-89.26- 144.85
Profitability
EBIT-%20.9 %20.2 %27.7 %19.6 %
ROA27.8 %39.3 %28.6 %36.3 %19.9 %
ROE55.8 %59.3 %35.4 %39.8 %19.4 %
ROI73.0 %76.2 %45.8 %52.1 %25.8 %
Economic value added (EVA)24.7047.0843.9668.3842.24
Solvency
Equity ratio44.2 %56.8 %67.1 %71.7 %81.9 %
Gearing
Relative net indebtedness %11.5 %15.9 %-0.4 %-26.2 %
Liquidity
Quick ratio0.60.70.51.13.4
Current ratio1.82.33.03.57.2
Cash and cash equivalents32.2645.5027.4189.26144.85
Capital use efficiency
Trade debtors turnover (days)10.59.111.213.5
Net working capital %35.6 %51.9 %63.8 %87.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.9%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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