Selskabet af 01.12.1988 A/S — Credit Rating and Financial Key Figures

CVR number: 12655886
Sverigesvej 10, 7480 Vildbjerg
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Company information

Official name
Selskabet af 01.12.1988 A/S
Personnel
25 persons
Established
1988
Company form
Limited company
Industry

About Selskabet af 01.12.1988 A/S

Selskabet af 01.12.1988 A/S (CVR number: 12655886) is a company from HERNING. The company recorded a gross profit of -64 kDKK in 2022. The operating profit was -63 kDKK, while net earnings were -43 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Selskabet af 01.12.1988 A/S's liquidity measured by quick ratio was 75.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit10 145.0016 451.0017 169.0038.00-64.00
EBIT-7 012.00475.003 000.00208.00-63.00
Net earnings-5 575.00290.002 340.00185.00-43.00
Shareholders equity total5 230.005 520.007 860.008 045.008 002.00
Balance sheet total (assets)33 863.0032 944.0034 164.0010 115.008 109.00
Net debt19 832.0018 131.0015 098.00
Profitability
EBIT-%
ROA-20.2 %1.5 %8.9 %0.9 %-0.4 %
ROE-69.5 %5.4 %35.0 %2.3 %-0.5 %
ROI-26.4 %1.9 %12.0 %1.3 %-0.5 %
Economic value added (EVA)-6 008.72153.362 179.74- 208.17- 471.99
Solvency
Equity ratio15.4 %16.8 %23.0 %79.5 %98.7 %
Gearing379.2 %328.5 %192.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.44.975.8
Current ratio0.30.30.54.975.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABB

Variable visualization

ROA:-0.44%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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