THE ARABIC ACADEMY IN DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THE ARABIC ACADEMY IN DENMARK ApS
THE ARABIC ACADEMY IN DENMARK ApS (CVR number: 36943955) is a company from KØBENHAVN. The company recorded a gross profit of 146.3 kDKK in 2023. The operating profit was -29.4 kDKK, while net earnings were -22.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THE ARABIC ACADEMY IN DENMARK ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 392.65 | 297.25 | 260.21 | 212.06 | 146.26 |
EBIT | 72.73 | 6.64 | 10.10 | 25.62 | -29.40 |
Net earnings | 72.73 | 5.18 | 5.33 | 18.54 | -22.90 |
Shareholders equity total | 471.76 | 476.94 | 482.27 | 500.81 | 477.90 |
Balance sheet total (assets) | 864.85 | 617.45 | 1 116.58 | 815.16 | 764.78 |
Net debt | - 288.36 | - 288.94 | - 872.76 | - 615.32 | - 639.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 0.9 % | 1.2 % | 2.7 % | -3.7 % |
ROE | 16.7 % | 1.1 % | 1.1 % | 3.8 % | -4.7 % |
ROI | 9.4 % | 0.9 % | 1.7 % | 4.3 % | -5.1 % |
Economic value added (EVA) | 61.32 | 12.57 | 5.27 | 43.78 | -12.29 |
Solvency | |||||
Equity ratio | 92.7 % | 77.2 % | 43.2 % | 61.4 % | 62.5 % |
Gearing | 70.0 % | 28.5 % | 20.6 % | 19.9 % | 12.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.9 | 3.0 | 1.5 | 2.3 | 2.4 |
Current ratio | 9.9 | 3.0 | 1.5 | 2.3 | 2.4 |
Cash and cash equivalents | 618.74 | 424.98 | 972.23 | 714.79 | 698.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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