buy simple ApS — Credit Rating and Financial Key Figures

CVR number: 37489352
Vestermosevej 13, Tapsøre 6070 Christiansfeld
info@buysimple.dk
tel: 27840747
www.buysimple.dk

Credit rating

Company information

Official name
buy simple ApS
Personnel
1 person
Established
2016
Domicile
Tapsøre
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About buy simple ApS

buy simple ApS (CVR number: 37489352) is a company from KOLDING. The company reported a net sales of 8 mDKK in 2019, demonstrating a growth of 8.9 % compared to the previous year. The operating profit percentage was poor at -0.5 % (EBIT: -0 mDKK), while net earnings were -75.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -17.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.7 %, 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. buy simple ApS's liquidity measured by quick ratio was 0 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
2016
2017
2018
2019
Volume
Net sales7 324.797 974.11
Gross profit1 962.051 961.001 453.29953.38
EBIT452.72452.00160.62-41.54
Net earnings341.20341.0086.61-75.89
Shareholders equity total391.20391.00477.79401.91
Balance sheet total (assets)1 906.371 906.002 321.743 427.29
Net debt- 225.34- 225.00- 177.04389.64
Profitability
EBIT-%2.2 %-0.5 %
ROA23.7 %23.7 %7.6 %-1.4 %
ROE87.2 %87.2 %19.9 %-17.3 %
ROI115.7 %115.6 %37.0 %-6.5 %
Economic value added (EVA)347.57338.8197.42-44.60
Solvency
Equity ratio20.5 %20.5 %20.6 %11.7 %
Gearing96.9 %
Relative net indebtedness %22.8 %29.6 %
Liquidity
Quick ratio0.50.50.3
Current ratio1.11.21.01.6
Cash and cash equivalents225.34225.00177.04
Capital use efficiency
Trade debtors turnover (days)17.7
Net working capital %0.5 %14.7 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.44%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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