Slettestrand 2018 ApS — Credit Rating and Financial Key Figures

CVR number: 39780828
Slettestrandvej 82, Slettestrand 9690 Fjerritslev

Credit rating

Company information

Official name
Slettestrand 2018 ApS
Established
2018
Domicile
Slettestrand
Company form
Private limited company
Industry

About Slettestrand 2018 ApS

Slettestrand 2018 ApS (CVR number: 39780828) is a company from JAMMERBUGT. The company recorded a gross profit of 657.2 kDKK in 2024. The operating profit was 365.3 kDKK, while net earnings were -64.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.7 %, 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. Slettestrand 2018 ApS's liquidity measured by quick ratio was 0.1 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
2024
Volume
Net sales
Gross profit636.37646.11687.36667.73657.20
EBIT374.03380.45421.13397.05365.33
Net earnings-7.4824.45432.01-18.50-64.11
Shareholders equity total719.58744.031 176.041 157.541 093.43
Balance sheet total (assets)13 776.2913 562.4712 546.3512 636.6612 582.02
Net debt8 075.047 407.9910 600.619 960.199 878.18
Profitability
EBIT-%
ROA2.8 %2.8 %6.8 %3.2 %2.9 %
ROE-1.0 %3.3 %45.0 %-1.6 %-5.7 %
ROI4.2 %4.3 %8.4 %3.3 %3.1 %
Economic value added (EVA)- 151.45- 152.54- 107.39- 314.34- 302.81
Solvency
Equity ratio5.2 %5.5 %9.4 %9.2 %8.7 %
Gearing1142.6 %1009.2 %909.9 %860.5 %908.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.10.00.1
Current ratio0.20.20.10.00.1
Cash and cash equivalents146.54100.7099.900.8355.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:2.90%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.69%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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