Shortcut Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Shortcut Danmark A/S
Shortcut Danmark A/S (CVR number: 33385315) is a company from KØBENHAVN. The company recorded a gross profit of 19.1 mDKK in 2024. The operating profit was -2399.1 kDKK, while net earnings were -2155 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.3 %, which can be considered poor and Return on Equity (ROE) was -70.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Shortcut Danmark A/S's liquidity measured by quick ratio was 1.4 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 | 21 682.95 | 29 026.09 | 36 327.85 | 24 242.54 | 19 088.72 |
EBIT | 4 804.40 | 7 536.27 | 6 781.39 | -4 147.82 | -2 399.09 |
Net earnings | 3 660.31 | 5 787.79 | 5 488.71 | -4 030.33 | -2 154.98 |
Shareholders equity total | 1 384.20 | 7 171.99 | 8 160.70 | 4 130.37 | 1 975.40 |
Balance sheet total (assets) | 10 881.85 | 14 303.49 | 14 476.16 | 11 181.26 | 7 220.26 |
Net debt | -2 503.71 | -2 292.45 | -6 426.19 | - 934.84 | 890.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 49.9 % | 59.8 % | 48.9 % | -31.2 % | -23.3 % |
ROE | 94.8 % | 135.3 % | 71.6 % | -65.6 % | -70.6 % |
ROI | 89.4 % | 120.8 % | 84.9 % | -59.8 % | -54.5 % |
Economic value added (EVA) | 3 306.56 | 5 637.51 | 4 885.88 | -4 575.52 | -2 633.56 |
Solvency | |||||
Equity ratio | 12.7 % | 50.1 % | 61.7 % | 44.3 % | 29.6 % |
Gearing | 229.0 % | 8.9 % | 6.5 % | 13.0 % | 60.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.8 | 2.6 | 0.3 | 1.4 |
Current ratio | 1.1 | 1.8 | 2.1 | 0.2 | 1.3 |
Cash and cash equivalents | 5 673.10 | 2 932.64 | 6 959.05 | 1 470.47 | 309.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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