Selskabet af 27/11 2023 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Selskabet af 27/11 2023 A/S
Selskabet af 27/11 2023 A/S (CVR number: 31299098) is a company from VARDE. The company recorded a gross profit of 756.7 kDKK in 2022. The operating profit was -124.8 kDKK, while net earnings were -145.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -102 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Selskabet af 27/11 2023 A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 6 111.66 | 6 162.53 | 5 519.00 | 3 916.09 | 756.73 | 
| EBIT | 1 412.60 | 927.03 | 270.04 | - 979.43 | - 124.82 | 
| Net earnings | 1 057.00 | 665.22 | 180.94 | - 910.17 | - 145.25 | 
| Shareholders equity total | 2 059.10 | 1 724.32 | 1 305.26 | 215.09 | 69.84 | 
| Balance sheet total (assets) | 8 095.47 | 7 107.81 | 6 295.51 | 3 127.95 | 315.49 | 
| Net debt | 2 091.30 | 2 744.19 | 1 674.81 | 172.01 | - 239.62 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 21.1 % | 12.9 % | 5.4 % | -21.7 % | -7.1 % | 
| ROE | 60.2 % | 35.2 % | 11.9 % | -119.7 % | -102.0 % | 
| ROI | 34.4 % | 19.8 % | 8.0 % | -45.8 % | -31.8 % | 
| Economic value added (EVA) | 1 022.60 | 618.73 | 124.40 | - 897.54 | - 135.47 | 
| Solvency | |||||
| Equity ratio | 25.4 % | 24.3 % | 20.7 % | 6.9 % | 22.1 % | 
| Gearing | 102.0 % | 159.6 % | 128.8 % | 81.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.5 | 0.5 | 0.6 | 1.3 | 
| Current ratio | 1.4 | 1.4 | 1.4 | 1.1 | 1.3 | 
| Cash and cash equivalents | 9.25 | 7.51 | 6.81 | 3.24 | 239.62 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | B | BB | 
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