Safenetpay ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Safenetpay ApS
Safenetpay ApS (CVR number: 40860320) is a company from KØBENHAVN. The company recorded a gross profit of 4549.6 kDKK in 2023. The operating profit was -778.9 kDKK, while net earnings were -726.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -61.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Safenetpay 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 165.35 | - 254.07 | 103.03 | 4 549.59 |
EBIT | - 165.35 | - 254.07 | - 712.52 | - 778.86 |
Net earnings | - 165.35 | - 255.90 | - 695.67 | - 726.33 |
Shareholders equity total | - 175.87 | 2 243.03 | 1 547.36 | 821.02 |
Balance sheet total (assets) | 1.98 | 2 748.19 | 102 941.37 | 3 425.86 |
Net debt | 96.32 | -2 186.04 | - 100 660.97 | -2 768.29 |
Profitability | ||||
EBIT-% | ||||
ROA | -93.0 % | -17.2 % | -1.3 % | -1.3 % |
ROE | -8363.7 % | -22.8 % | -36.7 % | -61.3 % |
ROI | -168.2 % | -17.9 % | -21.3 % | -28.2 % |
Economic value added (EVA) | - 165.35 | - 245.13 | - 692.01 | 4 309.35 |
Solvency | ||||
Equity ratio | -98.9 % | 81.6 % | 1.5 % | 24.0 % |
Gearing | -55.9 % | 20.7 % | 138.6 % | 52.9 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.0 | 67.6 | 1.0 | 1.3 |
Current ratio | 0.0 | 67.6 | 1.0 | 1.3 |
Cash and cash equivalents | 1.98 | 2 651.23 | 102 805.32 | 3 202.84 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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