Young Business ApS — Credit Rating and Financial Key Figures

CVR number: 41341521
Klamsagervej 35 B, 8230 Åbyhøj

Company information

Official name
Young Business ApS
Personnel
3 persons
Established
2020
Company form
Private limited company
Industry

About Young Business ApS

Young Business ApS (CVR number: 41341521) is a company from AARHUS. The company recorded a gross profit of -185.3 kDKK in 2023. The operating profit was -1958.1 kDKK, while net earnings were -4311 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.4 %, which can be considered poor and Return on Equity (ROE) was -279 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -90.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Young Business ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit151.28278.54-75.49- 185.29
EBIT- 322.0884.73- 628.83-1 958.05
Net earnings- 654.82-3 074.67-4 270.42-4 311.01
Shareholders equity total- 614.82-3 689.48-7 959.90-12 270.90
Balance sheet total (assets)962.55996.951 785.541 304.74
Net debt1 243.833 512.408 338.2611 332.39
Profitability
EBIT-%
ROA-41.3 %-96.6 %-58.1 %-30.4 %
ROE-68.0 %-313.8 %-306.9 %-279.0 %
ROI-52.4 %-106.5 %-60.2 %-31.7 %
Economic value added (EVA)- 322.08135.73- 420.11-1 455.86
Solvency
Equity ratio-39.0 %-78.7 %-81.7 %-90.4 %
Gearing-202.3 %-97.4 %-105.1 %-92.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.10.0
Current ratio0.40.20.10.0
Cash and cash equivalents80.0229.3815.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-30.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-90.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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