Safe Online Aps — Credit Rating and Financial Key Figures

CVR number: 38589962
Nørrebrogade 47, 2200 København N
finance@safeonline.dk
tel: 20136006
www.bysafeonline.com
Free credit report Annual report

Company information

Official name
Safe Online Aps
Personnel
9 persons
Established
2017
Company form
Private limited company
Industry

About Safe Online Aps

Safe Online Aps (CVR number: 38589962) is a company from KØBENHAVN. The company recorded a gross profit of 226 kDKK in 2024. The operating profit was -7124.8 kDKK, while net earnings were -8831.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24 %, which can be considered poor and Return on Equity (ROE) was -40.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Safe Online Aps's liquidity measured by quick ratio was 0.2 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 profit245.061 249.01- 551.00- 990.69225.97
EBIT-3 844.53-3 391.83-6 316.45-7 635.45-7 124.76
Net earnings-3 524.12-2 713.02-6 046.30-9 816.42-8 831.38
Shareholders equity total1 863.12- 149.296 065.68-3 326.14-12 157.52
Balance sheet total (assets)14 478.7515 000.5822 125.5220 502.3423 207.48
Net debt2 023.0611 545.2310 659.1420 095.2827 608.21
Profitability
EBIT-%
ROA-39.0 %-22.9 %-33.8 %-27.3 %-24.0 %
ROE-154.9 %-32.2 %-57.4 %-73.9 %-40.4 %
ROI-44.9 %-26.7 %-38.1 %-44.8 %-29.7 %
Economic value added (EVA)-3 333.01-2 794.04-5 887.29-8 060.12-7 390.91
Solvency
Equity ratio12.9 %-1.0 %27.4 %-14.0 %-34.4 %
Gearing562.5 %-8752.4 %230.5 %-604.2 %-229.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.61.82.60.30.2
Current ratio4.61.82.60.30.2
Cash and cash equivalents8 457.301 521.463 323.27314.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-24.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-34.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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