DigiTech Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DigiTech Development ApS
DigiTech Development ApS (CVR number: 39194341) is a company from SORØ. The company recorded a gross profit of -147.7 kDKK in 2023. The operating profit was -147.7 kDKK, while net earnings were -148.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -79.7 %, which can be considered poor and Return on Equity (ROE) was -134.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DigiTech Development 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 106.97 | -34.32 | - 147.74 | ||
EBIT | 106.97 | -78.46 | -87.50 | -34.32 | - 147.74 |
Net earnings | 82.38 | -7.88 | -24.62 | -34.71 | - 148.19 |
Shareholders equity total | 83.62 | 75.74 | 132.86 | 98.15 | -50.04 |
Balance sheet total (assets) | 123.39 | 93.45 | 155.25 | 198.67 | 121.98 |
Net debt | -4.94 | 6.09 | -4.88 | -17.74 | -21.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 168.9 % | -8.7 % | -19.7 % | -19.4 % | -79.7 % |
ROE | 194.2 % | -9.9 % | -23.6 % | -30.0 % | -134.6 % |
ROI | 246.9 % | -11.3 % | -21.4 % | -28.1 % | -301.0 % |
Economic value added (EVA) | 83.93 | -66.10 | -90.27 | -40.07 | - 151.78 |
Solvency | |||||
Equity ratio | 67.8 % | 81.0 % | 85.6 % | 49.4 % | -29.1 % |
Gearing | 2.5 % | 8.0 % | 10.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 5.3 | 6.9 | 2.0 | 0.7 |
Current ratio | 3.1 | 5.3 | 6.9 | 2.0 | 0.7 |
Cash and cash equivalents | 7.05 | 18.57 | 17.74 | 21.88 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
Variable visualization
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