Safenetpay ApS — Credit Rating and Financial Key Figures

CVR number: 40860320
Vesterbrogade 74, 1620 København V

Company information

Official name
Safenetpay ApS
Personnel
6 persons
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit- 165.35- 254.07103.034 549.59
EBIT- 165.35- 254.07- 712.52- 778.86
Net earnings- 165.35- 255.90- 695.67- 726.33
Shareholders equity total- 175.872 243.031 547.36821.02
Balance sheet total (assets)1.982 748.19102 941.373 425.86
Net debt96.32-2 186.04- 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- 692.014 309.35
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 ratio0.067.61.01.3
Current ratio0.067.61.01.3
Cash and cash equivalents1.982 651.23102 805.323 202.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-1.31%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.0%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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