Toward Earth ApS — Credit Rating and Financial Key Figures

CVR number: 41800038
Købmagergade 61 A, 1150 København K
rasmus@towardearth.com
tel: 20162514

Credit rating

Company information

Official name
Toward Earth ApS
Established
2020
Company form
Private limited company
Industry
  • Expand more icon901200

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit252.65- 132.37-27.52
EBIT219.49- 165.53-60.68
Net earnings167.11- 130.40-55.87
Shareholders equity total177.9747.57-8.29
Balance sheet total (assets)282.43163.96119.73
Net debt-59.7337.8055.23
Profitability
EBIT-%
ROA77.7 %-74.2 %-41.6 %
ROE93.9 %-115.6 %-66.8 %
ROI121.9 %-115.9 %-63.6 %
Economic value added (EVA)170.28- 136.19-55.79
Solvency
Equity ratio63.0 %29.0 %-6.5 %
Gearing122.1 %-1027.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.50.7
Current ratio1.10.50.7
Cash and cash equivalents59.7320.2730.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-41.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.48%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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