Atlantic Sapphire Denmark A/S
Credit rating
Company information
About Atlantic Sapphire Denmark A/S
Atlantic Sapphire Denmark A/S (CVR number: 33572506) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 2443.4 kDKK in 2023. The operating profit was -1538.1 kDKK, while net earnings were -1755.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -39.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Atlantic Sapphire Denmark A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -22 809.68 | -46 832.69 | - 268 764.80 | 177 640.52 | 2 443.40 |
EBIT | -35 702.82 | -69 945.13 | - 291 569.57 | 172 488.92 | -1 538.10 |
Net earnings | -42 698.79 | - 103 818.90 | - 302 357.52 | 168 581.44 | -1 755.39 |
Shareholders equity total | 84 114.89 | 50 295.99 | - 252 061.58 | 1 049.68 | - 705.70 |
Balance sheet total (assets) | 318 368.87 | 276 415.18 | 10 113.05 | 5 898.11 | 7 905.03 |
Net debt | 204 607.61 | 200 516.59 | 250 759.26 | 394.36 | 1 238.85 |
Profitability | |||||
EBIT-% | |||||
ROA | -12.6 % | -23.5 % | -108.3 % | 128.7 % | -20.8 % |
ROE | -56.6 % | -154.5 % | -1001.0 % | 3020.4 % | -39.2 % |
ROI | -13.3 % | -24.7 % | -112.4 % | 131.8 % | -25.0 % |
Economic value added (EVA) | -35 814.18 | -92 782.98 | - 293 762.63 | 185 206.17 | -1 549.55 |
Solvency | |||||
Equity ratio | 26.4 % | 18.2 % | -96.1 % | 17.8 % | -8.2 % |
Gearing | 258.0 % | 411.8 % | -99.9 % | 112.1 % | -577.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.0 | 1.3 | 0.8 |
Current ratio | 0.4 | 0.2 | 0.0 | 1.3 | 0.8 |
Cash and cash equivalents | 12 406.44 | 6 613.00 | 978.10 | 781.93 | 2 837.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | C | B | B |
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