Selskabet af december 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 40969756
Mysundegade 22, 1668 København V

Company information

Official name
Selskabet af december 2019 ApS
Established
2019
Company form
Private limited company
Industry

About Selskabet af december 2019 ApS

Selskabet af december 2019 ApS (CVR number: 40969756) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 9.8 % compared to the previous year. The operating profit percentage was at 77.4 % (EBIT: 0.4 mDKK), while net earnings were 241.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.1 %, 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. Selskabet af december 2019 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales239.16462.68494.87543.30
Gross profit72.13287.14150.60420.54
EBIT72.13287.14150.60420.54
Net earnings13.72201.7884.23241.78
Shareholders equity total2 064.432 266.212 350.442 592.22
Balance sheet total (assets)4 579.494 937.994 876.904 917.52
Net debt2 206.712 198.662 028.961 832.18
Profitability
EBIT-%30.2 %62.1 %30.4 %77.4 %
ROA1.6 %6.0 %3.1 %8.6 %
ROE0.7 %9.3 %3.6 %9.8 %
ROI1.6 %6.2 %3.2 %9.1 %
Economic value added (EVA)56.26-1.00- 121.0296.90
Solvency
Equity ratio45.3 %46.1 %48.8 %53.1 %
Gearing110.7 %103.8 %90.3 %75.8 %
Relative net indebtedness %965.2 %516.6 %466.0 %380.0 %
Liquidity
Quick ratio1.00.90.40.7
Current ratio0.80.80.30.6
Cash and cash equivalents79.49154.3693.26133.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-9.3 %-8.1 %-37.2 %-18.1 %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:8.59%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.1%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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