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1920 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 1920 ApS
1920 ApS (CVR number: 42574341) is a company from KØBENHAVN. The company recorded a gross profit of -752.8 kDKK in 2025. The operating profit was -1668.5 kDKK, while net earnings were -1078.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.5 %, which can be considered poor and Return on Equity (ROE) was -40.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -55.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 1920 ApS'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 financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -28.88 | -1 171.85 | -1 429.15 | - 752.82 |
| EBIT | -28.88 | -1 536.01 | -2 107.93 | -1 668.50 |
| Net earnings | -30.07 | -1 540.84 | -1 850.81 | -1 078.34 |
| Shareholders equity total | 9.93 | -1 530.91 | -3 381.72 | -4 460.06 |
| Balance sheet total (assets) | 2 022.43 | 581.56 | 1 729.76 | 3 537.96 |
| Net debt | 1 977.57 | 1 591.35 | 3 978.43 | 6 870.45 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -1.4 % | -74.2 % | -58.3 % | -25.5 % |
| ROE | -302.8 % | -521.0 % | -160.2 % | -40.9 % |
| ROI | -1.4 % | -82.1 % | -68.7 % | -28.9 % |
| Economic value added (EVA) | -28.88 | -1 630.18 | -1 791.08 | -1 235.12 |
| Solvency | ||||
| Equity ratio | 0.4 % | -72.5 % | -66.2 % | -55.8 % |
| Gearing | 20141.0 % | -113.9 % | -129.7 % | -160.1 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.0 | 1.5 | 1.3 | 3.3 |
| Current ratio | 0.0 | 1.6 | 2.3 | 4.1 |
| Cash and cash equivalents | 22.43 | 152.03 | 408.09 | 270.95 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | B | B |
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