Never the Less ApS — Credit Rating and Financial Key Figures

CVR number: 38529870
Mårumvej 25 H, 3230 Græsted
tm@trappeeksperten.dk
tel: 50373740

Company information

Official name
Never the Less ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings69.94- 139.2566.27- 734.6837.07
Shareholders equity total981.95842.70908.96174.28211.35
Balance sheet total (assets)1 100.88961.531 408.62523.51437.68
Net debt29.3262.79430.69282.79206.31
Profitability
EBIT-%
ROA6.7 %-13.3 %6.9 %-74.0 %11.6 %
ROE7.0 %-15.3 %7.6 %-135.6 %19.2 %
ROI7.0 %-13.6 %7.0 %-74.6 %11.9 %
Economic value added (EVA)-59.72-65.78-52.74- 331.03-33.18
Solvency
Equity ratio89.2 %87.6 %64.5 %33.3 %48.3 %
Gearing8.5 %13.5 %54.4 %193.2 %103.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.00.90.91.1
Current ratio1.11.00.90.91.1
Cash and cash equivalents53.9851.2963.9753.9412.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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