Summit Holding 2017 ApS — Credit Rating and Financial Key Figures

CVR number: 38556231
Sundkrogsgade 7, 2100 København Ø

Company information

Official name
Summit Holding 2017 ApS
Established
2017
Company form
Private limited company
Industry

About Summit Holding 2017 ApS

Summit Holding 2017 ApS (CVR number: 38556231) is a company from KØBENHAVN. The company recorded a gross profit of -10.2 kDKK in 2023. The operating profit was -10.2 kDKK, while net earnings were 116.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Summit Holding 2017 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-13.50-71.24-7.25-7.25-10.22
EBIT-13.50-71.24-7.25-7.25-10.22
Net earnings678.94-1 642.374 851.02132.51116.78
Shareholders equity total2 198.34555.984 411.564 544.073 145.85
Balance sheet total (assets)13 517.1411 021.739 861.8410 201.768 485.94
Net debt2 025.221 929.38-2.46-1.44-60.15
Profitability
EBIT-%
ROA7.4 %-10.9 %48.3 %3.9 %3.8 %
ROE36.5 %-119.3 %195.3 %3.0 %3.0 %
ROI7.5 %-11.0 %51.2 %5.8 %9.2 %
Economic value added (EVA)596.04487.66492.53- 226.96- 236.26
Solvency
Equity ratio16.3 %5.0 %44.7 %44.5 %37.1 %
Gearing104.9 %347.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.10.10.1
Current ratio0.30.30.10.10.1
Cash and cash equivalents281.082.832.461.4460.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:3.79%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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