Underfund ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Underfund ApS
Underfund ApS (CVR number: 41251611) is a company from RANDERS. The company recorded a gross profit of 469 kDKK in 2023. The operating profit was -7.7 kDKK, while net earnings were -16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Underfund ApS's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -17.84 | 583.40 | 302.60 | 469.04 |
EBIT | - 148.52 | 114.81 | - 333.04 | -7.69 |
Net earnings | - 119.61 | 83.27 | - 262.96 | -16.38 |
Shareholders equity total | -79.61 | 3.66 | - 259.30 | - 275.68 |
Balance sheet total (assets) | 332.25 | 360.25 | 575.94 | 487.78 |
Net debt | - 220.22 | - 252.99 | - 163.02 | 19.09 |
Profitability | ||||
EBIT-% | ||||
ROA | -36.1 % | 29.7 % | -55.7 % | -0.6 % |
ROE | -36.0 % | 49.6 % | -90.7 % | -3.1 % |
ROI | 6280.5 % | -388.0 % | -2.5 % | |
Economic value added (EVA) | - 116.34 | 104.26 | - 246.90 | 23.53 |
Solvency | ||||
Equity ratio | -19.3 % | 1.0 % | -31.0 % | -36.1 % |
Gearing | -64.8 % | -72.2 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.6 | 0.9 | 0.6 | 0.6 |
Current ratio | 0.6 | 0.9 | 0.6 | 0.6 |
Cash and cash equivalents | 220.22 | 252.99 | 331.05 | 179.85 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | B | BB |
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