ABITA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABITA ApS
ABITA ApS (CVR number: 25476263) is a company from KØBENHAVN. The company reported a net sales of 0.2 mDKK in 2022, demonstrating a decline of -55.9 % compared to the previous year. The operating profit percentage was poor at -19 % (EBIT: -0 mDKK), while net earnings were -47.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.7 %, which can be considered poor and Return on Equity (ROE) was -46.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.7 %, 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. ABITA ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 188.10 | 151.66 | 610.40 | 529.45 | 233.50 |
Gross profit | 34.67 | 2.55 | 8.10 | 25.93 | -44.30 |
EBIT | 0.23 | 2.55 | 8.10 | 25.93 | -44.30 |
Net earnings | -0.94 | -0.70 | 4.85 | 18.24 | -47.29 |
Shareholders equity total | 103.13 | 102.43 | 107.28 | 125.52 | 78.23 |
Balance sheet total (assets) | 122.51 | 122.32 | 490.35 | 147.50 | 160.79 |
Net debt | -36.46 | -18.61 | - 216.84 | -79.97 | - 133.59 |
Profitability | |||||
EBIT-% | 0.1 % | 1.7 % | 1.3 % | 4.9 % | -19.0 % |
ROA | 0.2 % | 2.1 % | 2.6 % | 8.1 % | -28.7 % |
ROE | -0.9 % | -0.7 % | 4.6 % | 15.7 % | -46.4 % |
ROI | 0.2 % | 2.5 % | 7.7 % | 22.3 % | -43.5 % |
Economic value added (EVA) | -0.90 | -0.80 | 1.78 | 25.66 | -47.50 |
Solvency | |||||
Equity ratio | 84.2 % | 83.7 % | 21.9 % | 85.1 % | 48.7 % |
Gearing | |||||
Relative net indebtedness % | -9.1 % | 0.8 % | 27.2 % | -11.0 % | -21.9 % |
Liquidity | |||||
Quick ratio | 6.3 | 6.2 | 1.3 | 6.7 | 1.9 |
Current ratio | 6.3 | 6.2 | 1.3 | 6.7 | 1.9 |
Cash and cash equivalents | 36.46 | 18.61 | 216.84 | 79.97 | 133.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 120.0 | ||||
Net working capital % | 54.8 % | 67.5 % | 17.6 % | 23.7 % | 33.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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