Second Love ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Second Love ApS
Second Love ApS (CVR number: 40476199) is a company from VEJLE. The company recorded a gross profit of 558.5 kDKK in 2023. The operating profit was -29.5 kDKK, while net earnings were -23.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Second Love 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 | 92.42 | 450.14 | 616.78 | 591.36 | 558.50 |
EBIT | - 179.55 | - 196.99 | -78.90 | 12.90 | -29.50 |
Net earnings | - 140.05 | - 155.81 | -63.37 | 8.75 | -23.42 |
Shareholders equity total | -90.05 | - 245.86 | - 309.22 | - 300.47 | - 323.90 |
Balance sheet total (assets) | 435.55 | 657.79 | 501.28 | 463.03 | 399.60 |
Net debt | 19.40 | - 234.68 | -90.47 | -12.71 | 21.17 |
Profitability | |||||
EBIT-% | |||||
ROA | -34.2 % | -27.6 % | -9.2 % | 1.6 % | -4.0 % |
ROE | -32.2 % | -28.5 % | -10.9 % | 1.8 % | -5.4 % |
ROI | -85.0 % | -89.0 % | -36.6 % | 6.4 % | -14.7 % |
Economic value added (EVA) | - 140.05 | - 140.19 | -27.40 | 39.96 | 2.31 |
Solvency | |||||
Equity ratio | 25.2 % | -6.5 % | -17.9 % | -17.8 % | -23.7 % |
Gearing | -222.1 % | -81.3 % | -64.7 % | -66.6 % | -61.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.6 | 0.7 | 0.6 |
Current ratio | 0.7 | 0.8 | 0.6 | 0.7 | 0.6 |
Cash and cash equivalents | 180.60 | 434.68 | 290.47 | 212.71 | 178.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | BB |
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