Handelsselskabet af 7. marts 2023 ApS — Credit Rating and Financial Key Figures

CVR number: 31938260
Center Boulevard 5, 2300 København S
post@liga.com
tel: 35369505
www.liga.com

Credit rating

Company information

Official name
Handelsselskabet af 7. marts 2023 ApS
Personnel
6 persons
Established
2009
Company form
Private limited company
Industry

About Handelsselskabet af 7. marts 2023 ApS

Handelsselskabet af 7. marts 2023 ApS (CVR number: 31938260) is a company from KØBENHAVN. The company reported a net sales of 38 mDKK in 2021, demonstrating a growth of 7.9 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 0.3 mDKK), while net earnings were 109.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 8.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Handelsselskabet af 7. marts 2023 ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales24.9231.0535.1837.97
Gross profit2.642.943.452.983.32
EBIT0.070.330.410.400.28
Net earnings-0.020.160.230.230.11
Shareholders equity total0.570.730.860.891.00
Balance sheet total (assets)4.936.205.939.9612.23
Net debt1.081.650.701.305.53
Profitability
EBIT-%1.3 %1.3 %1.1 %0.7 %
ROA2.3 %5.9 %6.8 %5.0 %2.5 %
ROE-3.9 %23.9 %29.1 %25.8 %11.6 %
ROI5.9 %13.9 %17.5 %14.4 %4.5 %
Economic value added (EVA)0.040.190.240.250.12
Solvency
Equity ratio11.6 %11.7 %14.5 %8.9 %8.2 %
Gearing299.3 %226.4 %168.1 %152.8 %648.2 %
Relative net indebtedness %21.9 %14.0 %25.6 %27.1 %
Liquidity
Quick ratio1.11.01.51.51.5
Current ratio1.11.01.51.51.5
Cash and cash equivalents0.630.740.060.94
Capital use efficiency
Trade debtors turnover (days)65.333.770.419.2
Net working capital %0.5 %6.4 %8.9 %3.8 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.49%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.16%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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