The Market Italian ApS — Credit Rating and Financial Key Figures

CVR number: 37255289
Pilestræde 10, 1112 København K
mki@sovino.dk
tel: 70702435
www.themarketcph.dk
Free credit report Annual report

Company information

Official name
The Market Italian ApS
Personnel
18 persons
Established
2015
Company form
Private limited company
Industry

About The Market Italian ApS

The Market Italian ApS (CVR number: 37255289) is a company from KØBENHAVN. The company recorded a gross profit of 5973.3 kDKK in 2024. The operating profit was -1384.5 kDKK, while net earnings were -1254.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -74.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. The Market Italian ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 573.815 529.117 316.216 600.615 973.28
EBIT-2 327.67- 564.08107.69- 934.67-1 384.49
Net earnings-2 280.76- 811.05-32.36- 916.13-1 254.41
Shareholders equity total-6 625.5848.3716.0169.88-1 184.53
Balance sheet total (assets)7 316.2714 056.2713 303.9314 138.973 282.78
Net debt12 314.2410 191.4910 433.4510 855.772 403.90
Profitability
EBIT-%
ROA-17.2 %-4.0 %3.8 %-1.8 %-10.3 %
ROE-28.5 %-22.0 %-100.5 %-2133.3 %-74.8 %
ROI-19.6 %-5.0 %4.9 %-2.3 %-14.0 %
Economic value added (EVA)-2 225.50- 695.29- 411.31-1 256.64-1 640.80
Solvency
Equity ratio-47.5 %0.3 %0.1 %0.5 %-26.5 %
Gearing-185.9 %21115.8 %66358.3 %15859.8 %-212.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.60.60.70.2
Current ratio0.10.60.70.80.3
Cash and cash equivalents5.6123.06190.51226.74114.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-10.3%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-26.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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