Selskabet af 11. april 2023 ApS — Credit Rating and Financial Key Figures

CVR number: 29838186
Rytterstræde 5, Saunte 3100 Hornbæk
tel: 26171086

Credit rating

Company information

Official name
Selskabet af 11. april 2023 ApS
Personnel
2 persons
Established
2006
Domicile
Saunte
Company form
Private limited company
Industry

About Selskabet af 11. april 2023 ApS

Selskabet af 11. april 2023 ApS (CVR number: 29838186) is a company from HELSINGØR. The company recorded a gross profit of 3295 kDKK in 2021. The operating profit was 292.3 kDKK, while net earnings were 162.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 62.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.5 %, 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. Selskabet af 11. april 2023 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit1 041.471 452.752 289.592 346.283 294.99
EBIT188.60229.22364.61159.75292.30
Net earnings79.34152.49273.2289.49162.42
Shareholders equity total192.60345.09618.31177.80340.22
Balance sheet total (assets)1 075.021 355.152 446.913 034.713 570.20
Net debt445.84421.94652.841 483.771 584.56
Profitability
EBIT-%
ROA16.5 %18.9 %19.9 %6.2 %9.9 %
ROE51.9 %56.7 %56.7 %22.5 %62.7 %
ROI26.4 %31.5 %36.9 %11.5 %17.8 %
Economic value added (EVA)140.67166.27264.85118.54200.37
Solvency
Equity ratio17.9 %25.5 %25.3 %5.9 %9.5 %
Gearing251.1 %122.7 %105.9 %834.5 %465.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.90.60.6
Current ratio0.61.01.21.01.0
Cash and cash equivalents37.741.381.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.92%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.53%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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