Shorden ApS — Credit Rating and Financial Key Figures

CVR number: 41387785
Amaliegade 6, 1256 København K

Company information

Official name
Shorden ApS
Established
2020
Company form
Private limited company
Industry

About Shorden ApS

Shorden ApS (CVR number: 41387785) is a company from KØBENHAVN. The company recorded a gross profit of 224.6 kUSD in 2024. The operating profit was 224.6 kUSD, while net earnings were 190.4 kUSD. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was 63.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Shorden ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit39.36170.44176.35150.40224.62
EBIT39.36170.44176.35150.40224.62
Net earnings12.2431.1473.25121.31190.37
Shareholders equity total18.0749.21108.46213.27385.84
Balance sheet total (assets)7 066.9411 028.8615 306.4417 424.3226 409.97
Net debt- 150.69- 210.92-7 535.77-5 139.56-7 264.41
Profitability
EBIT-%
ROA0.6 %1.9 %1.3 %1.0 %1.3 %
ROE67.7 %92.6 %92.9 %75.4 %63.5 %
ROI217.8 %508.2 %222.8 %99.6 %97.8 %
Economic value added (EVA)30.74132.12135.08111.82164.50
Solvency
Equity ratio0.3 %0.4 %0.7 %1.2 %1.5 %
Gearing1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.01.01.0
Current ratio1.01.01.01.01.0
Cash and cash equivalents150.69210.927 536.975 139.567 264.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:1.34%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.46%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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