Shinta og Esben ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Shinta og Esben ApS
Shinta og Esben ApS (CVR number: 29795126) is a company from ODENSE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -20.7 % compared to the previous year. The operating profit percentage was at 34.7 % (EBIT: 0.4 mDKK), while net earnings were 113.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Shinta og Esben ApS's liquidity measured by quick ratio was 3.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 293.74 | 1 258.38 | 1 413.78 | 1 451.34 | 1 150.55 |
Gross profit | 917.24 | 1 056.09 | 996.03 | 561.10 | 986.18 |
EBIT | 319.28 | 475.04 | 421.51 | -25.59 | 399.49 |
Net earnings | -63.69 | 59.64 | 283.59 | -32.81 | 113.34 |
Shareholders equity total | 9 714.96 | 18 701.34 | 18 984.93 | 18 952.12 | 19 065.46 |
Balance sheet total (assets) | 25 132.89 | 25 143.62 | 25 070.50 | 24 679.95 | 24 671.51 |
Net debt | 14 041.48 | 4 401.75 | 3 587.80 | 3 064.31 | 2 817.76 |
Profitability | |||||
EBIT-% | 24.7 % | 37.8 % | 29.8 % | -1.8 % | 34.7 % |
ROA | 1.3 % | 1.9 % | 1.9 % | 0.2 % | 1.8 % |
ROE | -0.7 % | 0.4 % | 1.5 % | -0.2 % | 0.6 % |
ROI | 1.3 % | 1.9 % | 1.9 % | 0.2 % | 1.8 % |
Economic value added (EVA) | - 530.41 | - 365.71 | - 815.76 | -1 137.32 | - 805.62 |
Solvency | |||||
Equity ratio | 38.7 % | 74.4 % | 75.7 % | 76.8 % | 77.3 % |
Gearing | 151.5 % | 30.0 % | 27.8 % | 26.1 % | 24.3 % |
Relative net indebtedness % | 1128.0 % | 394.1 % | 282.6 % | 238.2 % | 274.4 % |
Liquidity | |||||
Quick ratio | 0.1 | 1.6 | 2.5 | 2.8 | 3.9 |
Current ratio | 0.1 | 1.6 | 2.5 | 2.8 | 3.9 |
Cash and cash equivalents | 675.15 | 1 212.53 | 1 695.43 | 1 885.09 | 1 810.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -681.4 % | 43.6 % | 0.8 % | 75.1 % | 150.1 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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