Toward Earth ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Toward Earth ApS
Toward Earth ApS (CVR number: 41800038) is a company from KØBENHAVN. The company recorded a gross profit of -27.5 kDKK in 2023. The operating profit was -60.7 kDKK, while net earnings were -55.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.6 %, which can be considered poor and Return on Equity (ROE) was -66.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Toward Earth 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 252.65 | - 132.37 | -27.52 |
EBIT | 219.49 | - 165.53 | -60.68 |
Net earnings | 167.11 | - 130.40 | -55.87 |
Shareholders equity total | 177.97 | 47.57 | -8.29 |
Balance sheet total (assets) | 282.43 | 163.96 | 119.73 |
Net debt | -59.73 | 37.80 | 55.23 |
Profitability | |||
EBIT-% | |||
ROA | 77.7 % | -74.2 % | -41.6 % |
ROE | 93.9 % | -115.6 % | -66.8 % |
ROI | 121.9 % | -115.9 % | -63.6 % |
Economic value added (EVA) | 170.28 | - 136.19 | -55.79 |
Solvency | |||
Equity ratio | 63.0 % | 29.0 % | -6.5 % |
Gearing | 122.1 % | -1027.6 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.1 | 0.5 | 0.7 |
Current ratio | 1.1 | 0.5 | 0.7 |
Cash and cash equivalents | 59.73 | 20.27 | 30.02 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | B |
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