Selskabet af december 2019 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 239.16 | 462.68 | 494.87 | 543.30 |
| Gross profit | 72.13 | 287.14 | 150.60 | 420.54 |
| EBIT | 72.13 | 287.14 | 150.60 | 420.54 |
| Net earnings | 13.72 | 201.78 | 84.23 | 241.78 |
| Shareholders equity total | 2 064.43 | 2 266.21 | 2 350.44 | 2 592.22 |
| Balance sheet total (assets) | 4 579.49 | 4 937.99 | 4 876.90 | 4 917.52 |
| Net debt | 2 206.71 | 2 198.66 | 2 028.96 | 1 832.18 |
| Profitability | ||||
| EBIT-% | 30.2 % | 62.1 % | 30.4 % | 77.4 % |
| ROA | 1.6 % | 6.0 % | 3.1 % | 8.6 % |
| ROE | 0.7 % | 9.3 % | 3.6 % | 9.8 % |
| ROI | 1.6 % | 6.2 % | 3.2 % | 9.1 % |
| Economic value added (EVA) | 56.26 | -1.00 | - 121.02 | 96.90 |
| Solvency | ||||
| Equity ratio | 45.3 % | 46.1 % | 48.8 % | 53.1 % |
| Gearing | 110.7 % | 103.8 % | 90.3 % | 75.8 % |
| Relative net indebtedness % | 965.2 % | 516.6 % | 466.0 % | 380.0 % |
| Liquidity | ||||
| Quick ratio | 1.0 | 0.9 | 0.4 | 0.7 |
| Current ratio | 0.8 | 0.8 | 0.3 | 0.6 |
| Cash and cash equivalents | 79.49 | 154.36 | 93.26 | 133.88 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | -9.3 % | -8.1 % | -37.2 % | -18.1 % |
| Credit risk | ||||
| Credit rating | BBB | A | A | A |
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