32438938 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 32438938 ApS
32438938 ApS (CVR number: 32438938) is a company from MIDDELFART. The company reported a net sales of 1.1 mDKK in 2022, demonstrating a growth of 133.3 % compared to the previous year. The operating profit percentage was at 46.8 % (EBIT: 0.5 mDKK), while net earnings were 468.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 83.8 %, which can be considered excellent and Return on Equity (ROE) was 294.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.8 %, 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. 32438938 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 525.87 | 474.08 | 469.59 | 456.37 | 1 064.52 |
Gross profit | 293.77 | 269.87 | 99.70 | 150.09 | 758.51 |
EBIT | -42.74 | 231.85 | - 193.79 | - 219.63 | 498.56 |
Net earnings | -47.28 | 170.74 | - 216.67 | - 249.50 | 468.13 |
Shareholders equity total | -69.90 | 100.84 | - 115.83 | - 365.33 | 102.80 |
Balance sheet total (assets) | 378.14 | 463.86 | 307.45 | 214.72 | 610.54 |
Net debt | 26.63 | 27.07 | 26.38 | 213.92 | 93.88 |
Profitability | |||||
EBIT-% | -8.1 % | 48.9 % | -41.3 % | -48.1 % | 46.8 % |
ROA | -9.2 % | 51.7 % | -43.7 % | -43.8 % | 83.8 % |
ROE | -15.6 % | 71.3 % | -106.1 % | -95.6 % | 294.9 % |
ROI | -42.0 % | 172.9 % | -157.1 % | -163.2 % | 239.4 % |
Economic value added (EVA) | -40.55 | 206.29 | - 195.37 | - 212.65 | 507.30 |
Solvency | |||||
Equity ratio | -15.6 % | 21.7 % | -27.4 % | -63.0 % | 16.8 % |
Gearing | -107.6 % | 95.6 % | -42.6 % | -60.1 % | 91.3 % |
Relative net indebtedness % | 76.0 % | 61.9 % | 85.2 % | 125.8 % | 42.8 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.2 | 0.2 | 0.6 |
Current ratio | 0.8 | 1.2 | 0.7 | 0.4 | 1.0 |
Cash and cash equivalents | 48.60 | 69.35 | 23.00 | 5.82 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.8 | 27.3 | 21.6 | 51.0 | 25.8 |
Net working capital % | -13.3 % | 17.8 % | -27.5 % | -82.2 % | 0.3 % |
Credit risk | |||||
Credit rating | BB | BB | C | C | BB |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.