Summertime ApS — Credit Rating and Financial Key Figures

CVR number: 39396416
Vestre Allé 1, 2500 Valby
tel: 31310383
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Company information

Official name
Summertime ApS
Established
2018
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings68.0060.00-28.12-88.64-11.12
Shareholders equity total210.00269.00241.40152.77141.64
Balance sheet total (assets)448.00415.00394.97312.01246.37
Net debt178.00103.00105.39104.3846.72
Profitability
EBIT-%
ROA22.9 %14.6 %-7.4 %0.9 %-3.4 %
ROE38.8 %25.1 %-11.0 %-45.0 %-7.6 %
ROI26.5 %16.4 %-8.3 %1.0 %-3.7 %
Economic value added (EVA)-12.48-25.68-21.82-22.21-17.98
Solvency
Equity ratio46.9 %64.8 %61.1 %49.0 %57.5 %
Gearing88.1 %38.3 %43.8 %70.0 %71.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.71.61.01.7
Current ratio0.91.71.61.01.7
Cash and cash equivalents7.000.282.6054.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-3.35%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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