1508 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 1508 A/S
1508 A/S (CVR number: 25645790) is a company from KØBENHAVN. The company recorded a gross profit of 18.1 mDKK in 2024. The operating profit was -3092.7 kDKK, while net earnings were -2287.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.4 %, which can be considered poor and Return on Equity (ROE) was -31.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. 1508 A/S's liquidity measured by quick ratio was 3.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 37 699.98 | ||||
Gross profit | 26 282.55 | 19 766.59 | 26 097.31 | 24 606.33 | 18 084.08 |
EBIT | 6 037.68 | 3 754.94 | 8 062.27 | 5 380.52 | -3 092.71 |
Net earnings | 4 659.42 | 2 869.24 | 6 195.12 | 4 281.23 | -2 287.58 |
Shareholders equity total | 6 349.08 | 4 718.32 | 10 913.43 | 10 294.67 | 4 107.09 |
Balance sheet total (assets) | 14 561.49 | 12 013.97 | 18 847.48 | 16 616.12 | 9 350.82 |
Net debt | -7 688.62 | -3 317.92 | -57.34 | -16.72 | 18.56 |
Profitability | |||||
EBIT-% | 16.0 % | ||||
ROA | 46.5 % | 28.3 % | 52.3 % | 31.5 % | -22.4 % |
ROE | 86.4 % | 51.9 % | 79.3 % | 40.4 % | -31.8 % |
ROI | 109.0 % | 65.7 % | 99.8 % | 51.6 % | -38.5 % |
Economic value added (EVA) | 4 611.43 | 2 989.98 | 6 182.19 | 3 651.60 | -3 170.22 |
Solvency | |||||
Equity ratio | 43.6 % | 46.0 % | 62.4 % | 67.2 % | 57.1 % |
Gearing | 5.5 % | 0.1 % | 0.9 % | 1.5 % | |
Relative net indebtedness % | 1.4 % | ||||
Liquidity | |||||
Quick ratio | 2.1 | 2.1 | 2.9 | 3.3 | 3.3 |
Current ratio | 2.1 | 1.6 | 2.4 | 2.6 | 1.8 |
Cash and cash equivalents | 7 688.62 | 3 578.88 | 63.61 | 112.02 | 43.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 55.0 | ||||
Net working capital % | 18.8 % | ||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | BBB |
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