CREDITSAFE DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 36074906
Strandvejen 125, 2900 Hellerup
support@creditsafe.dk
tel: 80820588
www.creditsafe.dk

Credit rating

Company information

Official name
CREDITSAFE DENMARK ApS
Personnel
8 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About CREDITSAFE DENMARK ApS

CREDITSAFE DENMARK ApS (CVR number: 36074906) is a company from KØBENHAVN. The company recorded a gross profit of 4063.5 kDKK in 2023. The operating profit was -505 kDKK, while net earnings were -643.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CREDITSAFE DENMARK ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.42-17.051 045.903 405.414 063.45
EBIT-8.42-17.05- 609.60- 669.77- 504.97
Net earnings-8.42-24.93- 646.45- 723.11- 643.88
Shareholders equity total- 503.06- 527.99-1 174.44-1 897.55-2 541.43
Balance sheet total (assets)3 308.867 896.4711 800.02
Net debt493.69521.492 267.184 894.226 442.46
Profitability
EBIT-%
ROA-0.8 %-1.7 %-12.2 %-8.4 %-2.4 %
ROE-19.5 %-12.9 %-6.5 %
ROI-0.9 %-1.7 %-14.2 %-11.3 %-3.9 %
Economic value added (EVA)16.448.23- 583.07- 534.74- 309.58
Solvency
Equity ratio-100.0 %-100.0 %-26.2 %-19.4 %-17.7 %
Gearing-98.1 %-98.8 %-321.9 %-362.8 %-328.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.8
Current ratio0.70.80.8
Cash and cash equivalents1 512.781 990.991 913.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-2.43%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-17.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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