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

Credit rating

Company information

Official name
The Market Italian ApS
Personnel
19 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 6600.6 kDKK in 2023. The operating profit was -934.7 kDKK, while net earnings were -916.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -2133.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. The Market Italian 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 312.963 573.815 529.117 316.216 600.61
EBIT-1 768.81-2 327.67- 564.08107.69- 934.67
Net earnings-1 695.07-2 280.76- 811.05-32.36- 916.13
Shareholders equity total-4 344.81-6 625.5848.3716.0169.88
Balance sheet total (assets)8 715.087 316.2714 056.2713 303.9314 138.97
Net debt11 123.5112 314.2410 191.4910 433.4510 855.77
Profitability
EBIT-%
ROA-13.1 %-17.2 %-4.0 %3.8 %-1.8 %
ROE-16.9 %-28.5 %-22.0 %-100.5 %-2133.3 %
ROI-14.9 %-19.6 %-5.0 %4.9 %-2.3 %
Economic value added (EVA)-1 236.14-1 645.70-75.94103.13- 713.21
Solvency
Equity ratio-33.3 %-47.5 %0.3 %0.1 %0.5 %
Gearing-257.8 %-185.9 %21115.8 %66358.3 %15859.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.60.60.7
Current ratio0.10.10.60.70.8
Cash and cash equivalents75.825.6123.06190.51226.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-1.84%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.49%
Rating: 1/100
-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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