EQQIARPAAT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EQQIARPAAT ApS
EQQIARPAAT ApS (CVR number: 12334451) is a company from SERMERSOOQ. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -7.8 % compared to the previous year. The operating profit percentage was poor at -13 % (EBIT: -0 mDKK), while net earnings were -44.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -48.9 %, which can be considered poor and Return on Equity (ROE) was -80.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EQQIARPAAT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 500.47 | 505.40 | 481.70 | 369.19 | 340.49 |
Gross profit | 418.37 | 403.08 | 418.18 | 297.82 | 305.53 |
EBIT | -19.89 | -0.51 | 20.64 | 78.30 | -44.18 |
Net earnings | -19.89 | -0.51 | 20.64 | 78.30 | -44.18 |
Shareholders equity total | 50.70 | 9.62 | 14.02 | 49.77 | -28.39 |
Balance sheet total (assets) | 120.11 | 72.01 | 99.18 | 92.54 | 59.77 |
Net debt | -5.24 | -10.42 | -5.17 | -26.63 | -0.10 |
Profitability | |||||
EBIT-% | -4.0 % | -0.1 % | 4.3 % | 21.2 % | -13.0 % |
ROA | -15.2 % | -0.5 % | 24.1 % | 81.7 % | -48.9 % |
ROE | -32.8 % | -1.7 % | 174.6 % | 245.5 % | -80.7 % |
ROI | -33.0 % | -1.7 % | 174.6 % | 245.5 % | -177.6 % |
Economic value added (EVA) | -23.44 | -2.79 | 9.08 | 66.70 | -45.35 |
Solvency | |||||
Equity ratio | 42.2 % | 13.4 % | 14.1 % | 53.8 % | -32.2 % |
Gearing | |||||
Relative net indebtedness % | 12.8 % | 10.3 % | 16.6 % | 4.4 % | 25.9 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.2 | 1.2 | 2.2 | 0.7 |
Current ratio | 1.7 | 1.2 | 1.2 | 2.2 | 0.7 |
Cash and cash equivalents | 5.24 | 10.42 | 5.17 | 26.63 | 0.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.4 | 11.2 | 33.1 | 15.3 | 9.9 |
Net working capital % | 10.1 % | 1.9 % | 2.9 % | 13.5 % | -8.3 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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