Splitten ApS — Credit Rating and Financial Key Figures

CVR number: 37881333
Torps Alle 29, 6600 Vejen
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Company information

Official name
Splitten ApS
Established
2016
Company form
Private limited company
Industry

About Splitten ApS

Splitten ApS (CVR number: 37881333) is a company from VEJEN. The company recorded a gross profit of -3.9 kDKK in 2022. The operating profit was -3.9 kDKK, while net earnings were -5.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Splitten ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit96.58368.23-18.5168.58-3.95
EBIT96.58368.23-18.5168.58-3.95
Net earnings72.87286.40-19.6957.54-5.14
Shareholders equity total61.37347.7778.08135.6380.49
Balance sheet total (assets)240.65461.01124.33195.86175.59
Net debt- 123.42- 452.00-45.01- 137.72-54.38
Profitability
EBIT-%
ROA38.8 %105.0 %-6.3 %42.8 %-2.1 %
ROE97.2 %140.0 %-9.2 %53.9 %-4.8 %
ROI71.8 %141.6 %-7.9 %45.9 %-2.2 %
Economic value added (EVA)81.52295.37-13.0958.22-1.59
Solvency
Equity ratio25.5 %75.4 %62.8 %69.2 %45.8 %
Gearing175.0 %1.0 %51.7 %33.0 %118.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.34.12.33.11.8
Current ratio1.34.12.73.31.8
Cash and cash equivalents230.81455.6485.41182.45149.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-2.12%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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