Summertime ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Summertime ApS
Summertime ApS (CVR number: 39396416) is a company from KØBENHAVN. The company recorded a gross profit of -4.9 kDKK in 2024. The operating profit was -4.9 kDKK, while net earnings were -11.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Summertime ApS's liquidity measured by quick ratio was 1.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.00 | -7.00 | -3.13 | -6.10 | -4.93 |
EBIT | -5.00 | -7.00 | -3.13 | -6.10 | -4.93 |
Net earnings | 68.00 | 60.00 | -28.12 | -88.64 | -11.12 |
Shareholders equity total | 210.00 | 269.00 | 241.40 | 152.77 | 141.64 |
Balance sheet total (assets) | 448.00 | 415.00 | 394.97 | 312.01 | 246.37 |
Net debt | 178.00 | 103.00 | 105.39 | 104.38 | 46.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.9 % | 14.6 % | -7.4 % | 0.9 % | -3.4 % |
ROE | 38.8 % | 25.1 % | -11.0 % | -45.0 % | -7.6 % |
ROI | 26.5 % | 16.4 % | -8.3 % | 1.0 % | -3.7 % |
Economic value added (EVA) | -12.48 | -25.68 | -21.82 | -22.21 | -17.98 |
Solvency | |||||
Equity ratio | 46.9 % | 64.8 % | 61.1 % | 49.0 % | 57.5 % |
Gearing | 88.1 % | 38.3 % | 43.8 % | 70.0 % | 71.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.7 | 1.6 | 1.0 | 1.7 |
Current ratio | 0.9 | 1.7 | 1.6 | 1.0 | 1.7 |
Cash and cash equivalents | 7.00 | 0.28 | 2.60 | 54.01 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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