suitrace ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About suitrace ApS
suitrace ApS (CVR number: 38828630) is a company from RANDERS. The company recorded a gross profit of -0.2 kDKK in 2024. The operating profit was -0.2 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. suitrace ApS's liquidity measured by quick ratio was 3.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.11 | -13.75 | -4.16 | -7.06 | -0.20 |
EBIT | -9.11 | -13.75 | -4.16 | -7.06 | -0.20 |
Net earnings | -7.29 | -10.88 | -3.33 | -5.50 | -0.20 |
Shareholders equity total | - 306.58 | - 317.46 | - 320.79 | 12.51 | 12.31 |
Balance sheet total (assets) | 88.56 | 33.20 | 27.65 | 17.67 | 17.31 |
Net debt | 356.37 | 319.29 | 324.75 | -2.77 | -2.60 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.2 % | -3.7 % | -1.2 % | -3.8 % | -1.1 % |
ROE | -6.2 % | -17.9 % | -10.9 % | -27.4 % | -1.6 % |
ROI | -2.2 % | -3.8 % | -1.2 % | -4.0 % | -1.6 % |
Economic value added (EVA) | 10.30 | 6.23 | 12.77 | 11.31 | -0.69 |
Solvency | |||||
Equity ratio | -77.6 % | -90.5 % | -92.1 % | 70.8 % | 71.1 % |
Gearing | -126.3 % | -106.7 % | -105.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.1 | 3.4 | 3.5 |
Current ratio | 0.2 | 0.1 | 0.1 | 3.4 | 3.5 |
Cash and cash equivalents | 30.93 | 19.51 | 14.05 | 2.77 | 2.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | B | BB |
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