DANISH SPORT CARS ApS
Credit rating
Company information
About DANISH SPORT CARS ApS
DANISH SPORT CARS ApS (CVR number: 31947871) is a company from SILKEBORG. The company recorded a gross profit of 123.7 kDKK in 2021. The operating profit was -158.8 kDKK, while net earnings were -160.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29 %, which can be considered poor and Return on Equity (ROE) was -42.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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. DANISH SPORT CARS ApS's liquidity measured by quick ratio was 2.2 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -39.73 | -24.57 | 6.85 | -16.30 | 123.66 |
EBIT | -43.75 | -28.59 | 5.17 | -16.30 | - 158.75 |
Net earnings | -7.40 | 4.74 | 27.15 | -76.05 | - 160.30 |
Shareholders equity total | 503.38 | 508.12 | 535.27 | 459.22 | 298.92 |
Balance sheet total (assets) | 1 008.49 | 842.64 | 655.31 | 555.76 | 539.35 |
Net debt | 294.79 | 224.81 | -32.58 | - 299.62 | - 511.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | 1.7 % | 5.5 % | 1.4 % | -29.0 % |
ROE | -1.5 % | 0.9 % | 5.2 % | -15.3 % | -42.3 % |
ROI | 0.4 % | 1.9 % | 6.4 % | 1.7 % | -41.8 % |
Economic value added (EVA) | -63.79 | -45.40 | -21.51 | -41.42 | - 160.61 |
Solvency | |||||
Equity ratio | 49.9 % | 60.3 % | 81.7 % | 82.6 % | 55.4 % |
Gearing | 58.6 % | 44.2 % | 0.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.3 | 5.8 | 2.2 |
Current ratio | 0.1 | 0.1 | 0.3 | 5.8 | 2.2 |
Cash and cash equivalents | 37.58 | 299.62 | 511.81 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | C | C |
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