Never the Less ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Never the Less ApS
Never the Less ApS (CVR number: 38529870) is a company from GRIBSKOV. The company recorded a gross profit of -7.5 kDKK in 2024. The operating profit was -7.5 kDKK, while net earnings were 37.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. Never the Less ApS's liquidity measured by quick ratio was 1.1 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 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.30 | -12.25 | -5.00 | -12.50 | -7.50 |
EBIT | -5.30 | -12.25 | -5.00 | - 260.50 | -7.50 |
Net earnings | 69.94 | - 139.25 | 66.27 | - 734.68 | 37.07 |
Shareholders equity total | 981.95 | 842.70 | 908.96 | 174.28 | 211.35 |
Balance sheet total (assets) | 1 100.88 | 961.53 | 1 408.62 | 523.51 | 437.68 |
Net debt | 29.32 | 62.79 | 430.69 | 282.79 | 206.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.7 % | -13.3 % | 6.9 % | -74.0 % | 11.6 % |
ROE | 7.0 % | -15.3 % | 7.6 % | -135.6 % | 19.2 % |
ROI | 7.0 % | -13.6 % | 7.0 % | -74.6 % | 11.9 % |
Economic value added (EVA) | -59.72 | -65.78 | -52.74 | - 331.03 | -33.18 |
Solvency | |||||
Equity ratio | 89.2 % | 87.6 % | 64.5 % | 33.3 % | 48.3 % |
Gearing | 8.5 % | 13.5 % | 54.4 % | 193.2 % | 103.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.0 | 0.9 | 0.9 | 1.1 |
Current ratio | 1.1 | 1.0 | 0.9 | 0.9 | 1.1 |
Cash and cash equivalents | 53.98 | 51.29 | 63.97 | 53.94 | 12.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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