SubReader ApS — Credit Rating and Financial Key Figures

CVR number: 42925667
Frederikskaj 2 C, 2450 København SV
www.subreader.dk

Credit rating

Company information

Official name
SubReader ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About SubReader ApS

SubReader ApS (CVR number: 42925667) is a company from KØBENHAVN. The company recorded a gross profit of 643 kDKK in 2023. The operating profit was 178.9 kDKK, while net earnings were 145.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 38.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. SubReader ApS's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit452.10642.96
EBIT88.58178.90
Net earnings63.11145.34
Shareholders equity total303.11448.45
Balance sheet total (assets)533.17819.05
Net debt- 381.97- 599.63
Profitability
EBIT-%
ROA16.8 %26.9 %
ROE20.8 %38.7 %
ROI29.1 %47.9 %
Economic value added (EVA)64.87152.04
Solvency
Equity ratio56.9 %54.8 %
Gearing1.5 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.9
Current ratio1.71.9
Cash and cash equivalents386.42604.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:26.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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