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Definingform ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Definingform ApS
Definingform ApS (CVR number: 41304006) is a company from KØBENHAVN. The company recorded a gross profit of -2.7 kDKK in 2024. The operating profit was -21 kDKK, while net earnings were -21.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.6 %, which can be considered poor and Return on Equity (ROE) was -103.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. Definingform ApS'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 527.27 | 650.89 | 679.69 | 486.62 | -2.72 |
| EBIT | 8.97 | 17.66 | 49.53 | -29.35 | -21.01 |
| Net earnings | 6.12 | 13.24 | 36.11 | -29.43 | -21.16 |
| Shareholders equity total | 46.12 | 24.32 | 60.42 | 30.99 | 9.84 |
| Balance sheet total (assets) | 156.88 | 190.40 | 209.01 | 125.90 | 38.08 |
| Net debt | -59.68 | - 130.89 | -78.31 | -29.20 | 0.03 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.7 % | 10.2 % | 24.8 % | -17.5 % | -25.6 % |
| ROE | 13.3 % | 37.6 % | 85.2 % | -64.4 % | -103.6 % |
| ROI | 14.5 % | 33.7 % | 77.4 % | -50.7 % | -102.8 % |
| Economic value added (EVA) | 6.34 | 10.38 | 35.89 | -33.61 | -22.57 |
| Solvency | |||||
| Equity ratio | 29.4 % | 12.8 % | 28.9 % | 24.6 % | 25.8 % |
| Gearing | 34.0 % | 77.4 % | 40.4 % | 0.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.2 | 1.6 | 1.3 | 1.3 |
| Current ratio | 1.4 | 1.2 | 1.6 | 1.3 | 1.3 |
| Cash and cash equivalents | 75.38 | 149.71 | 102.70 | 29.20 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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