Shift Company ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Shift Company ApS
Shift Company ApS (CVR number: 42417017) is a company from HELSINGØR. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of 224.8 % compared to the previous year. The operating profit percentage was at 38.8 % (EBIT: 0 mDKK), while net earnings were 12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.6 %, which can be considered excellent and Return on Equity (ROE) was 80.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Shift Company ApS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 10.12 | 32.86 | |
Gross profit | -44.33 | 12.74 | |
EBIT | -6.03 | -44.63 | 12.74 |
Net earnings | -44.80 | 12.74 | |
Shareholders equity total | 54.27 | 9.47 | 22.21 |
Balance sheet total (assets) | 67.43 | 15.20 | 34.17 |
Net debt | -67.43 | -3.41 | -28.44 |
Profitability | |||
EBIT-% | -441.0 % | 38.8 % | |
ROA | -8.9 % | -108.0 % | 51.6 % |
ROE | -140.6 % | 80.4 % | |
ROI | -11.1 % | -128.5 % | 59.1 % |
Economic value added (EVA) | -6.03 | -43.25 | 13.44 |
Solvency | |||
Equity ratio | 80.5 % | 62.3 % | 65.0 % |
Gearing | 60.6 % | 25.8 % | |
Relative net indebtedness % | -33.7 % | -67.6 % | |
Liquidity | |||
Quick ratio | 10.4 | 2.7 | 2.9 |
Current ratio | 10.4 | 2.7 | 2.9 |
Cash and cash equivalents | 67.43 | 9.14 | 34.17 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 93.6 % | 67.6 % | |
Credit risk | |||
Credit rating | B | BB | BB |
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