Shortcut Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 33385315
Nyhavn 16, 1051 København K
info@shortcut.io
tel: 70260069
www.shortcut.io

Credit rating

Company information

Official name
Shortcut Danmark A/S
Personnel
29 persons
Established
2011
Company form
Limited company
Industry

About Shortcut Danmark A/S

Shortcut Danmark A/S (CVR number: 33385315) is a company from KØBENHAVN. The company recorded a gross profit of 24.2 mDKK in 2023. The operating profit was -4147.8 kDKK, while net earnings were -4030.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.2 %, which can be considered poor and Return on Equity (ROE) was -65.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Shortcut Danmark A/S's liquidity measured by quick ratio was 2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit11 528.0621 682.9529 026.0936 327.8524 242.54
EBIT2 711.674 804.407 536.276 781.39-4 147.82
Net earnings2 101.613 660.315 787.795 488.71-4 030.33
Shareholders equity total6 337.841 384.207 171.998 160.704 130.37
Balance sheet total (assets)8 812.5510 881.8514 303.4914 476.1611 181.26
Net debt-4 477.43-5 528.71-2 292.45-6 426.19- 934.84
Profitability
EBIT-%
ROA30.2 %49.9 %59.8 %48.9 %-31.2 %
ROE34.0 %94.8 %135.3 %71.6 %-65.6 %
ROI43.4 %123.4 %159.4 %84.9 %-59.8 %
Economic value added (EVA)1 952.753 533.036 083.995 068.66-4 197.93
Solvency
Equity ratio72.9 %12.7 %50.1 %61.7 %44.3 %
Gearing0.0 %10.4 %8.9 %6.5 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.41.11.82.62.0
Current ratio3.31.11.82.11.4
Cash and cash equivalents4 477.645 673.102 932.646 959.051 470.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-31.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.3%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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