Royal Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Royal Service ApS
Royal Service ApS (CVR number: 38645404) is a company from KØBENHAVN. The company recorded a gross profit of 972.8 kDKK in 2023. The operating profit was -138.9 kDKK, while net earnings were -28.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.9 %, which can be considered poor and Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Royal Service ApS's liquidity measured by quick ratio was 0.6 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 | 1 416.12 | 574.79 | 1 633.05 | 1 955.04 | 972.79 |
| EBIT | 34.16 | - 110.02 | 413.27 | - 397.30 | - 138.91 |
| Net earnings | 16.32 | -90.80 | 287.25 | - 422.00 | -28.58 |
| Shareholders equity total | 157.69 | 66.89 | 354.14 | -67.86 | -96.44 |
| Balance sheet total (assets) | 731.26 | 692.32 | 1 346.77 | 521.53 | 210.89 |
| Net debt | - 384.48 | - 459.07 | - 868.25 | - 237.13 | 100.89 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.9 % | -15.5 % | 40.5 % | -41.0 % | -30.9 % |
| ROE | 10.9 % | -80.9 % | 136.4 % | -96.4 % | -7.8 % |
| ROI | 15.1 % | -94.4 % | 162.2 % | -149.6 % | -145.7 % |
| Economic value added (EVA) | 19.16 | -73.49 | 325.69 | - 358.63 | -78.86 |
| Solvency | |||||
| Equity ratio | 21.6 % | 9.7 % | 26.3 % | -11.5 % | -31.4 % |
| Gearing | 25.0 % | -130.3 % | -105.7 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.8 | 1.3 | 0.8 | 0.6 |
| Current ratio | 0.8 | 0.8 | 1.3 | 0.8 | 0.6 |
| Cash and cash equivalents | 384.48 | 459.07 | 956.69 | 325.57 | 1.09 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | B | BB |
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