Abcedo Volatile I GP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Abcedo Volatile I GP ApS
Abcedo Volatile I GP ApS (CVR number: 42248983) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 0 mDKK), while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.4 %, which can be considered excellent and Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -7.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Abcedo Volatile I GP ApS's liquidity measured by quick ratio was 0.7 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 financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | 15.00 | 20.00 | 20.00 |
| Gross profit | -9.00 | -13.00 | 1.00 |
| EBIT | -9.00 | -13.00 | 1.00 |
| Net earnings | 5.00 | -61.00 | 12.00 |
| Shareholders equity total | 44.00 | -17.00 | -5.00 |
| Balance sheet total (assets) | 70.00 | 28.00 | 58.00 |
| Net debt | 9.00 | 23.00 | |
| Profitability | |||
| EBIT-% | -60.0 % | -65.0 % | 5.0 % |
| ROA | 32.5 % | -106.1 % | 20.4 % |
| ROE | 11.4 % | -169.4 % | 27.9 % |
| ROI | 51.7 % | -225.9 % | 40.7 % |
| Economic value added (EVA) | -11.00 | -15.21 | 1.35 |
| Solvency | |||
| Equity ratio | 62.9 % | -37.8 % | -7.9 % |
| Gearing | -58.8 % | -880.0 % | |
| Relative net indebtedness % | 173.3 % | 220.0 % | 210.0 % |
| Liquidity | |||
| Quick ratio | 0.5 | 0.5 | 0.7 |
| Current ratio | 0.5 | 0.5 | 0.7 |
| Cash and cash equivalents | 1.00 | 21.00 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | -80.0 % | -120.0 % | -110.0 % |
| Credit risk | |||
| Credit rating | BB | B | BB |
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