Danish Sustainability Solutions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danish Sustainability Solutions ApS
Danish Sustainability Solutions ApS (CVR number: 36958898) is a company from HERNING. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a decline of -182.7 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -108 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.4 %, which can be considered poor and Return on Equity (ROE) was -26.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. Danish Sustainability Solutions ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 56.35 | 122.87 | - 101.58 | ||
Gross profit | -5.35 | -5.60 | 50.75 | 116.97 | - 108.03 |
EBIT | -5.35 | -5.60 | 50.75 | 116.97 | - 108.03 |
Net earnings | -5.35 | -5.60 | 50.73 | 116.95 | - 108.03 |
Shareholders equity total | 20.42 | 14.82 | 377.50 | 494.45 | 311.42 |
Balance sheet total (assets) | 24.17 | 23.57 | 391.25 | 513.20 | 410.42 |
Net debt | -4.17 | 1.43 | 7.05 | 12.97 | -30.82 |
Profitability | |||||
EBIT-% | 90.1 % | 95.2 % | |||
ROA | -19.8 % | -23.5 % | 24.5 % | 25.9 % | -23.4 % |
ROE | -23.2 % | -31.8 % | 25.9 % | 26.8 % | -26.8 % |
ROI | -23.2 % | -27.8 % | 24.9 % | 26.1 % | -23.6 % |
Economic value added (EVA) | -5.15 | -5.41 | 51.19 | 136.17 | -88.68 |
Solvency | |||||
Equity ratio | 84.5 % | 62.9 % | 96.5 % | 96.3 % | 75.9 % |
Gearing | 33.7 % | 2.6 % | 3.0 % | 30.5 % | |
Relative net indebtedness % | 19.2 % | 13.6 % | 26.4 % | ||
Liquidity | |||||
Quick ratio | 1.1 | 0.4 | 0.2 | 0.1 | 1.3 |
Current ratio | 1.1 | 0.4 | 0.2 | 0.1 | 1.3 |
Cash and cash equivalents | 4.17 | 3.57 | 2.95 | 2.03 | 125.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -19.2 % | -13.6 % | -26.4 % | ||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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