DEN KORTE AVIS ApS — Credit Rating and Financial Key Figures

CVR number: 36470887
Von Ostensgade 22, 2791 Dragør

Credit rating

Company information

Official name
DEN KORTE AVIS ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

About DEN KORTE AVIS ApS

DEN KORTE AVIS ApS (CVR number: 36470887) is a company from DRAGØR. The company recorded a gross profit of 123.7 kDKK in 2024. The operating profit was 15.2 kDKK, while net earnings were 13.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -34.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DEN KORTE AVIS ApS's liquidity measured by quick ratio was 0.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales574.64511.39409.85
Gross profit276.50284.4291.1041.78123.68
EBIT20.88150.77- 152.44- 226.6515.15
Net earnings11.49141.61- 160.24- 232.7813.48
Shareholders equity total226.47368.0893.85- 136.66- 123.19
Balance sheet total (assets)723.09812.75532.51246.53233.95
Net debt- 240.21- 373.98- 101.63- 208.13- 181.49
Profitability
EBIT-%3.6 %29.5 %-37.2 %
ROA2.7 %19.6 %-22.7 %-48.6 %4.1 %
ROE3.9 %47.6 %-69.4 %-136.8 %5.6 %
ROI3.3 %22.6 %-25.5 %-96.5 %2348.9 %
Economic value added (EVA)19.52170.22- 133.76- 213.5832.51
Solvency
Equity ratio31.3 %45.3 %17.6 %-35.7 %-34.5 %
Gearing164.9 %99.4 %390.2 %-0.5 %-0.5 %
Relative net indebtedness %-20.4 %-57.7 %-7.1 %
Liquidity
Quick ratio6.813.09.50.60.7
Current ratio6.813.09.50.60.7
Cash and cash equivalents613.64739.77467.84208.78182.14
Capital use efficiency
Trade debtors turnover (days)45.732.7
Net working capital %107.3 %146.7 %116.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:4.14%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-34.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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