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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 528.06 | 21 682.95 | 29 026.09 | 36 327.85 | 24 242.54 |
EBIT | 2 711.67 | 4 804.40 | 7 536.27 | 6 781.39 | -4 147.82 |
Net earnings | 2 101.61 | 3 660.31 | 5 787.79 | 5 488.71 | -4 030.33 |
Shareholders equity total | 6 337.84 | 1 384.20 | 7 171.99 | 8 160.70 | 4 130.37 |
Balance sheet total (assets) | 8 812.55 | 10 881.85 | 14 303.49 | 14 476.16 | 11 181.26 |
Net debt | -4 477.43 | -5 528.71 | -2 292.45 | -6 426.19 | - 934.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.2 % | 49.9 % | 59.8 % | 48.9 % | -31.2 % |
ROE | 34.0 % | 94.8 % | 135.3 % | 71.6 % | -65.6 % |
ROI | 43.4 % | 123.4 % | 159.4 % | 84.9 % | -59.8 % |
Economic value added (EVA) | 1 952.75 | 3 533.03 | 6 083.99 | 5 068.66 | -4 197.93 |
Solvency | |||||
Equity ratio | 72.9 % | 12.7 % | 50.1 % | 61.7 % | 44.3 % |
Gearing | 0.0 % | 10.4 % | 8.9 % | 6.5 % | 13.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 1.1 | 1.8 | 2.6 | 2.0 |
Current ratio | 3.3 | 1.1 | 1.8 | 2.1 | 1.4 |
Cash and cash equivalents | 4 477.64 | 5 673.10 | 2 932.64 | 6 959.05 | 1 470.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | AA | BBB |
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