SKINDERGADE 40 ApS — Credit Rating and Financial Key Figures

CVR number: 35663932
Niels Hemmingsens Gade 4, 1153 København K
kontakt@copenhagencapital.dk
tel: 70271060

Credit rating

Company information

Official name
SKINDERGADE 40 ApS
Established
2014
Company form
Private limited company
Industry

About SKINDERGADE 40 ApS

SKINDERGADE 40 ApS (CVR number: 35663932) is a company from KØBENHAVN. The company recorded a gross profit of 1219.9 kDKK in 2023. The operating profit was -1538 kDKK, while net earnings were -1708.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SKINDERGADE 40 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
2019
2020
2021
2022
2023
Volume
Net sales1 232.37
Gross profit1 085.281 147.771 116.261 205.911 219.88
EBIT3 485.28-2 405.295 514.6913 498.20-1 538.03
Net earnings2 294.58-2 255.874 001.0710 238.61-1 708.11
Shareholders equity total5 244.592 988.726 989.7917 228.4010 520.29
Balance sheet total (assets)30 318.7927 460.7630 946.4238 636.0736 457.38
Net debt21 279.9320 700.1919 747.0714 683.8719 819.31
Profitability
EBIT-%282.8 %
ROA12.0 %-8.3 %18.9 %38.8 %-4.1 %
ROE57.0 %-54.8 %80.2 %84.6 %-12.3 %
ROI12.0 %-8.4 %19.3 %39.5 %-4.2 %
Economic value added (EVA)1 308.98-3 413.562 946.109 007.28-3 115.23
Solvency
Equity ratio17.3 %10.9 %22.6 %44.6 %28.9 %
Gearing406.1 %718.0 %283.1 %85.3 %188.7 %
Relative net indebtedness %1768.7 %
Liquidity
Quick ratio0.60.50.10.80.0
Current ratio0.60.50.10.80.0
Cash and cash equivalents18.25758.5844.248.7932.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-7.3 %
Credit risk
Credit ratingAABBBAABBB

Variable visualization

ROA:-4.10%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.9%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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