DANISH TEAK CLASSICS ApS — Credit Rating and Financial Key Figures

CVR number: 35834206
Næstvedvej 193, 4760 Vordingborg
knud@danishteakclassics.com
tel: 21285684

Company information

Official name
DANISH TEAK CLASSICS ApS
Established
2014
Company form
Private limited company
Industry

About DANISH TEAK CLASSICS ApS

DANISH TEAK CLASSICS ApS (CVR number: 35834206) is a company from VORDINGBORG. The company recorded a gross profit of 36.4 kDKK in 2024. The operating profit was 36.4 kDKK, while net earnings were 36.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -36.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANISH TEAK CLASSICS ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales200.00
Gross profit-61.6994.33- 179.34-7.5936.38
EBIT-61.6994.33- 179.34-7.5936.38
Net earnings-61.6994.32- 179.34-7.5936.38
Shareholders equity total- 218.29-84.97- 264.32- 271.91- 235.55
Balance sheet total (assets)418.88471.38534.36656.49415.26
Net debt12.37253.53449.53579.53431.67
Profitability
EBIT-%47.2 %
ROA-11.0 %15.8 %-26.5 %-0.9 %4.6 %
ROE-16.5 %21.2 %-35.7 %-1.3 %6.8 %
ROI-324.7 %69.2 %-51.0 %-1.5 %7.2 %
Economic value added (EVA)-54.78104.34- 187.81-16.9020.93
Solvency
Equity ratio-34.3 %-15.3 %-33.1 %-29.3 %-36.2 %
Gearing-8.7 %-298.4 %-170.1 %-213.1 %-183.3 %
Relative net indebtedness %278.2 %
Liquidity
Quick ratio0.00.00.00.10.0
Current ratio0.60.80.60.70.6
Cash and cash equivalents6.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-57.7 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:4.61%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-36.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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