Memorial Fund I ApS — Credit Rating and Financial Key Figures

CVR number: 40403094
Gdanskgade 18, 2150 Nordhavn

Credit rating

Company information

Official name
Memorial Fund I ApS
Established
2019
Company form
Private limited company
Industry

About Memorial Fund I ApS

Memorial Fund I ApS (CVR number: 40403094) is a company from KØBENHAVN. The company recorded a gross profit of -128 kDKK in 2023. The operating profit was -128 kDKK, while net earnings were -634 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -25.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Memorial Fund I 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-27.64-35.83-72.0063.00- 128.00
EBIT-27.64-35.83-72.0063.00- 128.00
Net earnings-8.2973.09438.001 272.00- 634.00
Shareholders equity total1 491.711 564.801 777.002 899.002 115.00
Balance sheet total (assets)1 789.771 823.973 006.004 382.003 730.00
Net debt- 485.35-26.59- 555.00-1 066.00-11.00
Profitability
EBIT-%
ROA0.4 %9.4 %27.5 %35.9 %-12.1 %
ROE-0.6 %4.8 %26.2 %54.4 %-25.3 %
ROI0.5 %11.1 %39.7 %56.7 %61.4 %
Economic value added (EVA)-33.9341.9134.06179.3516.07
Solvency
Equity ratio83.3 %85.8 %59.1 %66.2 %56.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.70.20.50.70.0
Current ratio1.70.20.50.70.0
Cash and cash equivalents485.3526.59555.001 066.0011.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-12.1%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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