Second Wardrobe ApS

CVR number: 37791377
Sankt Peders Stræde 17, 1453 København K

Credit rating

Company information

Official name
Second Wardrobe ApS
Personnel
4 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Second Wardrobe ApS

Second Wardrobe ApS (CVR number: 37791377) is a company from KØBENHAVN. The company recorded a gross profit of 559.7 kDKK in 2023. The operating profit was -132.5 kDKK, while net earnings were -120.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -29.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Second Wardrobe ApS's liquidity measured by quick ratio was 0.1 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
20192020202120222023
Volume
Net sales
Gross profit191.92388.301 211.08932.35559.67
EBIT91.6982.97167.58302.90- 132.55
Net earnings66.6162.22130.06193.72- 120.17
Shareholders equity total154.18216.40348.1737.75-82.42
Balance sheet total (assets)323.81426.80744.08536.19769.74
Net debt- 194.06- 214.79- 117.3938.7338.34
Profitability
EBIT-%
ROA39.4 %23.1 %28.9 %47.3 %-19.1 %
ROE55.1 %33.6 %46.1 %100.4 %-29.8 %
ROI80.5 %46.9 %58.6 %138.5 %-230.9 %
Economic value added (EVA)67.6967.23131.94214.27- 109.63
Solvency
Equity ratio47.6 %50.7 %46.8 %7.0 %-9.7 %
Gearing3.7 %102.6 %-46.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.30.30.00.1
Current ratio1.51.31.50.80.8
Cash and cash equivalents194.06214.79130.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBC

Variable visualization

ROA:-19.1%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-9.67%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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