SPORT-TIME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPORT-TIME ApS
SPORT-TIME ApS (CVR number: 16172596) is a company from AALBORG. The company recorded a gross profit of 1132.2 kDKK in 2023. The operating profit was -15.1 kDKK, while net earnings were -13.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. SPORT-TIME ApS's liquidity measured by quick ratio was 2.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 970.94 | 819.05 | 1 335.06 | 1 385.38 | 1 132.17 |
EBIT | - 181.55 | - 261.97 | 215.61 | 261.73 | -15.07 |
Net earnings | -33.02 | - 252.59 | 481.95 | - 117.04 | -13.41 |
Shareholders equity total | 4 960.58 | 4 508.00 | 4 889.95 | 4 658.51 | 4 527.30 |
Balance sheet total (assets) | 5 987.01 | 7 855.91 | 8 054.80 | 7 557.91 | 7 576.34 |
Net debt | -1 069.99 | - 904.56 | -1 292.32 | - 862.30 | - 740.55 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.4 % | -2.5 % | 8.6 % | 5.1 % | 1.0 % |
ROE | -0.7 % | -5.3 % | 10.3 % | -2.5 % | -0.3 % |
ROI | -0.4 % | -2.8 % | 9.5 % | 5.5 % | 1.1 % |
Economic value added (EVA) | - 311.32 | - 392.45 | 18.62 | 72.34 | - 167.14 |
Solvency | |||||
Equity ratio | 82.9 % | 57.4 % | 60.7 % | 61.6 % | 59.8 % |
Gearing | 8.4 % | 55.0 % | 49.4 % | 51.9 % | 54.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.4 | 3.0 | 2.9 | 2.5 |
Current ratio | 2.8 | 3.1 | 3.9 | 3.8 | 3.3 |
Cash and cash equivalents | 1 488.78 | 3 381.88 | 3 707.65 | 3 279.25 | 3 189.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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